SECURITIES EXCHANGE ACT OF 1934 RELEASE NO. 51305 / March 3, 2005 The Securities and Exchange Commission announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (“Exchange Act”), of over-the-counter trading of the securities of CMKM Diamonds, Inc. (Pink Sheets symbol “CMKX”), also known as Casavant Mining Kimberlite International, Inc., of Las Vegas, Nevada. The suspension will commence at 9:30 a.m. EST, March 3, 2005, through 11:59 p.m. EST, on March 16, 2005.
The Commission temporarily suspended trading in the securities of CMKM Diamonds because of questions that have been raised about the adequacy of publicly available information concerning, among other things, CMKM Diamonds’ assets and liabilities, mining and other business activities, share structure and stock issuances, and corporate management. Since the fiscal year ending December 31, 2002, CMKM Diamonds has been delinquent in its periodic filing obligations under Section 13(a) of the Exchange Act. The Commission is concerned that CMKM Diamonds may have unjustifiably relied on a Form S-8 to issue unrestricted securities. The Commission is also concerned that CMKM Diamonds and/or certain of its shareholders may have unjustifiably relied on Rule 144(k) of the Securities Act of 1933 (“Securities Act”) in conducting an unlawful distribution of its securities that failed to comply with the resale restrictions of Rules 144 and 145 of the Securities Act.
The Commission cautions brokers, dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by CMKM Diamonds.
Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has any questions as to whether or not he has complied with the rule, he should not enter any quotation but immediately contact the staff of the Securities and Exchange Commission in Washington, D.C. If any broker or dealer is uncertain as to what is required by Rule 15c2-11, he should refrain from entering quotations relating to the securities of CMKM Diamonds until such time as he has familiarized himself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation for the stock of CMKM Diamonds that is in violation of the rule, the Commission will consider the need for prompt enforcement action. For questions related to the operation of Rule 15c2-11, please contact the Division of Market Regulation at (202) 942-0069.
If any broker, dealer or other person has any information that may relate to this matter, please contact the CMKM Diamonds Investor Line of the Pacific Regional Office of the Securities and Exchange Commission at (323) 965-4519 or by email at cmkmdiamonds@sec.gov.
LegalEagle, please give your opinion on this one Posted by Doctoall on :
Come on pumpers, I would love to hear what you have to say about this action of the SEC.
Posted by Doctoall on :
HAULTED: I thought that Mahu had "never" lost a battle with any regulatory body. "What happened here" Posted by Doctoall on :
Where are all the faithfuls? Come on you must have an opinion!!
Posted by will on :
Easy, Doc. You're gonna have a stroke. Calm down, you're talking to yourself. Write yourself a perscription for calm pills. They'll be here, they're formulating their next fantasy, be patient not a patient.
Posted by Doctoall on :
quote:Originally posted by will: Easy, Doc. You're gonna have a stroke. Calm down, you're talking to yourself. Write yourself a perscription for calm pills. They'll be here, they're formulating their next fantasy, be patient not a patient.
Great advice Posted by xj-ken on :
this is ok. People just dont understand how hard it is to mine. They'll pull thru this and then find the big diamonds! Us longs will be rich soon! yeahhh. . . . . . . . . ahahahah JUST KIDDING. QBID is next..
Posted by ya ya on :
Gonna be tough to pump this one now.
Posted by bousbous55 on :
so what is going on here? what does all this mean??
Posted by TonkaToy on :
Im glad I sold this CRAP a long time ago.
Posted by xj-ken on :
Perfect example of the #1 Rule: DO NOT FALL IN LOVE WITH A STOCK!
Sorry "longs". I kinda feel bad for those who have millions of millions of shares, but then when i think about it, i really don't feel bad. It's totally absurd to have such faith in a pinky. They deserve a good lesson.
Posted by boised on :
TRUUUUU DA ROOOOOOOF YABBA DABBA DOO
COME ON LEAGE FEAGLE POST MORE PUMPS
ITS OVER!!!
Posted by will on :
I'll repost this from the last thread:
The CMKX prophets will spin this into the best thing that ever happened to CMKX, they'll tell you it clears the air, and gives them the opportunity to start with a clean slate. Just a formailty to get things righted. They will even explain when they go through this investigation/suspension and are found to be clean the PPS will fly. You watch one of those mopes will pump this as a good thing.
Posted by bousbous55 on :
so this thing is basically worthless now?
Posted by Highwaychild on :
Well, alot of people were expecting a big PR this week... I guess it's a be careful what you ask for kind of deal?
Posted by xj-ken on :
quote:Originally posted by bousbous55: so this thing is basically worthless now?
When did it ever have value? ahahaha Posted by Livios on :
quote:Originally posted by bousbous55: so this thing is basically worthless now?
It's just not tradable at the moment. Worthless??? I don't think so.
LIVIOS.
Posted by justplayin on :
It was worthless before at a pps of .00009
Hey, here is an idea for the bright side. Maybe all the people holding stock can sue Urban in a class action. He can buy us all Happy Meals and we will call it even.
Posted by will on :
These fanatics are not going to back down, or admit there is something bad/wrong here. They're actually going to tell you that everything is allright, good even. They are not going admit failure until UC drives a nail through their head , and begins to tear their skin off with a pliers, sorta like you do a catfish. Even then the will be thanking him on their way to the deep fryer, until they hit that hot grease. Remember they have 10's of thousands of dollars invested in this, 50M, 75M, 100M, shares, and they weren't all bought at .0001. They cannot afford to not believe.
Posted by ed19363 on :
Everyone can expect a package in the mail shortly. I heard CMKX has just purchased a large portion of the outstanding supplies of KY jelly, and is mailing it to their stockholders. Meanwhile, write this one off. Now you cant even sell it at .0000000001 I'm outta here.
Posted by bousbous55 on :
well this is what somebody else said on other threads on raging bull:------------------------
I hope all of you have the shares you want,because in my opinion,this is just the beginning to a long awaited, with great expectation "To the greatest penny play of all times"
I don't consider this to be anything other than bringing CMKX in compliance as was stated by the company and this halt is probably action,yes by the SEC,but finally to make us all now realize that we are sitting on a very explosive announcement coming by March 16th..
This action was planned,but what is really important will be the results of the core samples and the actual worth of the company and I believe, if you're in, now sit tight..
After the halt, CMKX will move.
In my opinion, I just can't seem to be concerned other than is too big and your dreams may come to fruition within the next couple of weeks..
A company doesn't bring on new board members and SEC lawyers,announcing a new CEO..
Folks,my guess,this was in the works and these suspension don't just happen...
Finally!!!!
I think a couple of things may happen..First a possible buyout and second a whole new company will emerge once the halt is lifted..
I'm excited about this and have no worries.
------------------------ so what do you all think about this persons comment???
Posted by justplayin on :
ed19363, you are right, they did purchase a large share of KY jelly. That is to lubricate the drill silly!
Posted by boised on :
quote:Originally posted by bousbous55: so this thing is basically worthless now?
Ironically, I don't think it was ever worth anything to begin with as do others in the market hence the pps of .0001/.0002. It was only through Melvin's complete LIES that the PPS rose as well as CMKX not fully disclosing the diamondferous sizes. Only after the we found out that the diamonds were two specs of dust from the halting of JVs did it all fall down hill. A few faithful that had real money held out hope as CMKX promised some clarification on the diamondferous but as time went on and no clarification came out except for some stupid debit card and transfering of funds to shell companies that have family members in them did the pps fall from .0005 to the basement of .0001
end of story
Posted by ya ya on :
I think the pumpers have packed their bags and moved to another stock,what's left is the abused wife to care for all the poor investers who invested in this scam.There will be more just hope it doesn't happen to you.
Posted by Ric on :
Hey bckibler, whos the loser pea brain now. Jump all over me for pointing out a fact and looks to me I was the one that was right. If I didn't have friends in this I would wish the worst.
Ric
bckibler Member
Rate Member posted March 01, 2005 19:19 --------------------------------------------------------------------------------
quote: -------------------------------------------------------------------------------- Originally posted by Ric: You know if you didn't start 200 threads everytime there was a rumor on this then you might not get outside comment. This has to be the biggest loser of a stock I have ever seen. I can't believe that people still buy into this scam. But there are several .0001 stocks holding on by a thread from the massive posts at constant rates and yet they never move. If a stock hasn't moved in six months in the penny world then you missed out on so many that did.
-----------------------------------------
If this is the loser stock you believe it to be, than what possible reason can you give for Roger Glenn, Robert Maheu, or Michael Williams to affliate themselves with CMKX? You bashers will say the most ridiculous things in the face of absolute truth. They are men of wealth and respected professions. They don't hang out with loosers of any sort. Are you ever embarrassed about what you write? If you're not then you need to actually read it after your pea brain writes it and maybe reality will strike you! You make no sense!!
Posted by Highwaychild on :
After 11:59 p.m. EST, on March 16, 2005,then what???
Posted by will on :
Where is my buddy, ballicker. I sure would like his take on this. Don't think I really need to hear it from him though, I'm sure he thinks this is a great thing.
Posted by bousbous55 on :
well this is what somebody else said on other threads on raging bull:------------------------
I hope all of you have the shares you want,because in my opinion,this is just the beginning to a long awaited, with great expectation "To the greatest penny play of all times"
I don't consider this to be anything other than bringing CMKX in compliance as was stated by the company and this halt is probably action,yes by the SEC,but finally to make us all now realize that we are sitting on a very explosive announcement coming by March 16th..
This action was planned,but what is really important will be the results of the core samples and the actual worth of the company and I believe, if you're in, now sit tight..
After the halt, CMKX will move.
In my opinion, I just can't seem to be concerned other than is too big and your dreams may come to fruition within the next couple of weeks..
A company doesn't bring on new board members and SEC lawyers,announcing a new CEO..
Folks,my guess,this was in the works and these suspension don't just happen...
Finally!!!!
I think a couple of things may happen..First a possible buyout and second a whole new company will emerge once the halt is lifted..
I'm excited about this and have no worries.
------------------------ so what do you all think about this persons comment???
Posted by Ric on :
That the die hards are grasping for straws.
Posted by will on :
What would you expect from people that have $10,000 to $30,000 sunk in this rathole? I'm telling you, they can't believe their judgement is bad, and will continue to pump this, even under the current situation. I think that person is in deep denial.
Posted by ed19363 on :
quote:Originally posted by Highwaychild: After 11:59 p.m. EST, on March 16, 2005,then what???
Hell, man, there isnt much left except the funeral !!! Viewing on March 17, funeral on the 20th unless the body starts to stink too bad.
Posted by boised on :
I know of some drilling rigs we can use to bury the corpse... at least now they'll be put to good use
Posted by Highwaychild on :
HaHAHA Ed,funny stuff!
I mean if the halt is lifted March 17th,will it go on? Will there be another symbol change? Ect.
I'll be there for visitation.
Posted by boised on :
bluediamonds Global Moderator
member is offline
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Just spoke with Andrew Hill re today's news.... « Thread started on: Today at 11:04am » Just spoke with Andrew Hill re today's news....
Sugarpaw Dr. Of Diamonds
member is online
Posts: 173 Just spoke with Andrew Hill re today's news.... « Thread started on: Today at 10:59am »
-------------------------------------------------------------------------------- Just spoke with Andrew Hill re today's news....
posted by xphantom2 from sterlings board. Link below Sugarpaw
As many have no doubt attemtped to do this morning, I have been trying to get through to Mr. Hill and finally was able to. He apoligized for the difficulty, however, his phone has been understandably been ringing off the hook.
He did say that as of 8:00 pacific time, he would no longer be taking calls today pending further clarification from the company and legal department. Based on my conversation with him, sounds like all we can do is wait until official news from the company is made public. Hope this helps everyone.
WOW!!!!!I hear the anger out there.Time to move on.I don't own any shares of this and never would just amazed that people would sink 10,000 - 30,000 on one stock unless its a sure thing.I put 30 dollars in one stock and get upset when it goes down------Man if i lost that much i probably would make the BTK KILLER look like a alter boy.
Posted by boised on :
quote:Originally posted by Highwaychild: HaHAHA Ed,funny stuff!
I mean if the halt is lifted March 17th,will it go on? Will there be another symbol change? Ect.
I'll be there for visitation.
Yeah to delisted
Posted by bousbous55 on :
LOL
Posted by Dustoff101 on :
IMHO I still see value in this thing.Entertainment value!!!
Posted by boised on :
quote:Originally posted by Dustoff101: IMHO I still see value in this thing.Entertainment value!!!
Yeah but you are Jerkoff101 so you are into that sort of stuff
Posted by will on :
Don't think that there aren't people that believed that much in this company. I have seen them boast that they own 70M shares. I have seen them post that they bought at this price and that price, over and over again. You will know them by their continuing favorable posts and support for this company. They won't admit they are wrong until the can't buy a tic tac with what was once thousands of dollars, and then they won't be admitting it here. They will crawl off somewhere with like minded and ill fated friends, and find a way to justify the beating they took.
Maybe I still don't understand this stock? Maybe I find negatives where there aren't any negatives? Maybe I kvetch?
OR
Maybe someone else is understanding this stock now? Maybe someone else sees a negative? I know they're not kvetching. LOL They're still spinning yarns and denying they made an unsound investment.
quote:Originally posted by ya ya: WOW!!!!!I hear the anger out there.Time to move on.I don't own any shares of this and never would just amazed that people would sink 10,000 - 30,000 on one stock unless its a sure thing.I put 30 dollars in one stock and get upset when it goes down------Man if i lost that much i probably would make the BTK KILLER look like a alter boy.
Posted by ed19363 on :
quote:Originally posted by Highwaychild: HaHAHA Ed,funny stuff!
I mean if the halt is lifted March 17th,will it go on? Will there be another symbol change? Ect.
I'll be there for visitation.
Speaking seriously for a minute, there are (as usual) many possibilities. The company COULD go belly up and we all lose everything. The company COULD come out with PRs (I dont believe the cessation of sales means they can't PR) and tell us what is going on. Considering their history, I doubt very much if this will happen (they continue to operate with shareholders in the dark). After the stoppage, it could go either way. IMHO, this company is dead. IF the halt is lifted when it is supposed to be, I am seriously considering dumping it for whatever I can get out and moving on. I've been in this stock for YEARS, and nothing has changed. When I originally did the DD and bought my first shares, I had high hopes. But over the years they have been dashed again and again, and I have about had enough. Oh, and one more thing....if anyone starts a class action suit against this company in hopes or recouping some of the loss, I WILL have my name on the first line of the suit. I'm disgusted with the lies and lack of information...TOTALLY disgusted.
Posted by ed19363 on :
quote:Originally posted by ed19363:
quote:Originally posted by Highwaychild: HaHAHA Ed,funny stuff!
I mean if the halt is lifted March 17th,will it go on? Will there be another symbol change? Ect.
I'll be there for visitation.
Speaking seriously for a minute, there are (as usual) many possibilities. The company COULD go belly up and we all lose everything. The company COULD come out with PRs (I dont believe the cessation of sales means they can't PR) and tell us what is going on. Considering their history, I doubt very much if this will happen (they continue to operate with shareholders in the dark). After the stoppage, it could go either way. IMHO, this company is dead. IF the halt is lifted when it is supposed to be, I am seriously considering dumping it for whatever I can get out and moving on. I've been in this stock for YEARS, and nothing has changed. When I originally did the DD and bought my first shares, I had high hopes. But over the years they have been dashed again and again, and I have about had enough. Oh, and one more thing....if anyone starts a class action suit against this company in hopes or recouping some of the loss, I WILL have my name on the first line of the suit. I'm disgusted with the lies and lack of information...TOTALLY disgusted.
By the way, for all the legalistic imbeciles out there, the above is MY OPINION AND ONLY MY OPINION.
Posted by Apenorm57 on :
First MLON, then CMKX.... SEC targets WHOM next? Place your bets now! Here is a line, but feel free to add your own picks!
PRRM - 7 to 1 QBID - 5 to 1 QANT - 8 to 1 DFLR - 4 to 1 FSIJ - 12 to 1
I'll take all action! Give me your picks!
Posted by Doctoall on :
As Legal would say: Shhhh.......Listen........Can you hear it? Posted by Dustoff101 on :
Boised,Boised,Boised.....When are you ever going to learn....You card carrying green party elitist Snob.The way you bash the president of the United States Of America during a time of war.... Makes me ask one question? Do you and your [bro's] travel to the Mid East often.
Posted by justplayin on :
What does it sound like when the chit hits the fan?? Posted by boised on :
quote:Originally posted by Dustoff101: Boised,Boised,Boised.....When are you ever going to learn....You card carrying green party elitist Snob.The way you bash the president of the United States Of America during a time of war.... Makes me ask one question? Do you and your [bro's] travel to the Mid East often.
Yes only to make sure George Bush's Oil investments in Saudi Arabia are doing ok... how's Prince Bandar... wack wack wack
[ March 03, 2005, 12:26: Message edited by: boised ]
Posted by Doctoall on :
quote:Originally posted by justplayin: What does it sound like when the chit hits the fan??
I am not sure, but one thing that is for sure: When the chit hits the fan there is nothing to guarantee that it will be distributed evenly Posted by Dustoff101 on :
Boozy,is that the best you got.
Posted by boised on :
quote:Originally posted by Dustoff101: Boozy,is that the best you got.
and I am slammed full thanks to Halliburton ... QUICK bomb CHINA I need more oil money!!!
Posted by Highwaychild on :
LOL,Looks like it's going to be a long 2 weeks..........
Posted by Dustoff101 on :
Boozy,Well,.. a word used very well by President Reagan. I am surprised at your sence of humor.So far your showing good wits under fire.Good job.
Posted by legaleagle on :
It is interesting to note that so many bashers have inside information on the SEC "INVESTIGATION". Please note that CMKX has not been found guilty of any violations. I know the suspension is an opportunity for some of you to bloody your knives. But an investigation is all encompassing. This investigation will go to the naked short question as well. So you can all dance around the grave site that you have dug, but as yet, there is no "body". At least we only have a few more days for all of the answers to come out. As for me, I will wait to have them before I decide one way or the other whether this is a good or bad thing.
Even the titly of this thread indicates a slant. CMKX has not been "halted", trading has been suspended.
Posted by boised on :
LEAGLE EAGLE HEY BUDDY HOW YA DOIN... hey let me ask ya something... haha ya know.. well do you remember Mt St Helens? Remember scientist were monitoring it and eventually what happened?? It BLEW ... HAHAHAH THERE YA GO BUDDY HA HA HA HA AH AHAH AHAHA I"M TELLIN YA I"M GETTIN A TINGLY FEEELING...Aint that right you PEOPLES.
Posted by will on :
LOL !!!
Can you say denial?
Posted by tic_toc on :
Melvin...is that you?
Posted by stnkng1 on :
i decided i only have 5 million shares and i think i am just gonna give them away.
Posted by boised on :
quote:Originally posted by stnkng1: i decided i only have 5 million shares and i think i am just gonna give them away.
The homeless could use some toilet paper....
Posted by xj-ken on :
legaleagle- How can you short a stock thats at .0001?? roflmao
Posted by will on :
Well, one good thing they can't talk anyone into buying more CMKX. It's "suspended" not halted! Like there's a big difference at this point. Suspended must mean Mahue just needs his brass knuckles. If it were halted he'd bring his brass knuckles and his knife.
Posted by osubucks30 on :
Look what happened to USCA after their halt. You will definetly be able to buy at .0001 now.
Posted by Dustoff101 on :
Will,the question is, who's got the gun in this knife fight.
Posted by bill1352 on :
legaleagle Member
Rate Member posted March 03, 2005 12:36 -------------------------------------------------------------------------------- It is interesting to note that so many bashers have inside information on the SEC "INVESTIGATION". Please note that CMKX has not been found guilty of any violations. I know the suspension is an opportunity for some of you to bloody your knives. But an investigation is all encompassing. This investigation will go to the naked short question as well. So you can all dance around the grave site that you have dug, but as yet, there is no "body". At least we only have a few more days for all of the answers to come out. As for me, I will wait to have them before I decide one way or the other whether this is a good or bad thing.
Even the titly of this thread indicates a slant. CMKX has not been "halted", trading has been suspended
================================================
A slant???? since when is the truth a slant???? insider info???? who needs insider info. look at the d**n facts will ya!!!! you've drank so much pumper kool-aide your unable to see reality. its halted because the morons running this company advertize their shares for sale & not diamonds or gold or uranium, all things that they are supposed to have in great quanities according to the likes of you. 2 yrs ago they had 500 shareholders which means they HAVE to report. let me repeat that...2 YEARS AGO!!!! it took 2 yrs to figure that out and remember they changed t/a's in that time. ya think maybe in changing t/a's somebody might have counted the number of shareholders???? YA THINK??? Legel your so far from reality I'm thinking electric shock treatment would be a waste of time. now we will hear from the cult how is an evil mm plot so that they don't have to cover the naked short. its the SEC trying to hide problems in the market. what happened to last weeks statement of how tight the CMKX lawyers were with the SEC??? remeber that good old boy extention??? you ppl have pumped this stock & gotten ppl to buy in with hard earned money. you have not only taken your cash & flushed it but you have preyed on the weaknesses of normal ppl by stating things that were not true & could never be true, oh ya, you've of course covered your butts by saying "only invest money you can afford to lose". ya remember when MLON went down?? Dardadog started a thread telling ppl he was sorry he backed that company & he hoped he didn't hurt ppl to bad by the loses they had. but he never sat day after day praising a POS company like you have. my wish is that those that had hope & not fantasy dreams can somehow get some money back but those that have pumped this POS i hope yours gets flushed period.
Posted by legaleagle on :
Posted by: Mach1cobra In reply to: None Date:3/3/2005 12:49:10 PM Post #of 33066
CMKX: FOR YOU DD HOUNDS, is something very peculiar going on here? I THINK THIS MAY BE VERY POSITVE!!!!
I will put a couple links here! First look at Western Warrior and read last sentence of first paragraph! Which states!
THIS BRINGS THE TOTAL NUMBER OF IDENTIFIED SIGNATURES TO 24. THE PROPERTY IS SURROUNDED BY 23 EXPLORATION LICENCES ACQUIRED BY DE BEERS CANDADA EXPLORATION INC. WHICH AGGREAGATE APPROX 1.9 MILLION HECTARES.
Could this temporary suspension have to do with us filing the 8k? which means!!!!
8-K: A report of unscheduled material events or corporate changes which could be of importance to the shareholders or to the SEC. Examples include acquisition, bankruptcy, resignation of directors, or a change in the fiscal year.
"NOTICE THE WORD ACQUISITION"!!!!!!
Can everyone check this out and give opinions to this!!!!
MACH COBRA
Posted by will on :
naoh will tell Roger Glenn, of course. LOL
We have Roger Glenn! We have Bob Maheu! We have 1.4 million acres of land!
Will's an idiot, he doesn't understand this stock! Will's, an idiot, he finds negatives where there aren't any! Will's, an idiot, he kvetches too much!
When it's all over the faithful can buy a stick of gum with what's left of their precious CMKX.
Ya'll understand stick of gum, don't ya? A $25,000 stick of gum.
quote:Originally posted by Dustoff101: Will,the question is, who's got the gun in this knife fight.
Posted by bill1352 on :
legel...have you ever seen a company halted because of an acquisition??? WTF are you thinking?????
Posted by bill1352 on :
YA think UC will be at the races this weekend???...i'm guessing that lady from the party will be there with a number of her friends...lmao..i'd love to see that.
Posted by xj-ken on :
quote:Originally posted by bill1352: legel...have you ever seen a company halted because of an acquisition??? WTF are you thinking?????
aaahahahahahha toooo funny!
Posted by will on :
Wonder if she'll have her brass knuckles and a knife. LOL You have to be kidding, he's still pumping this, UNBELIEVABLE.
quote:Originally posted by bill1352: YA think UC will be at the races this weekend???...i'm guessing that lady from the party will be there with a number of her friends...lmao..i'd love to see that.
Posted by vman on :
There are certainly alot of mean-spirited people on here, dying to dish out a few "I told you so's". What is the point of it? Although I own a few shares and would love to see this thing come out the halt and make some money (doesn't seem like the likely scenario), I would rather it hit huge to quell some of the arrogance out there!
Posted by xj-ken on :
quote:Originally posted by bill1352: YA think UC will be at the races this weekend???...i'm guessing that lady from the party will be there with a number of her friends...lmao..i'd love to see that.
If i was UC, i wouldn't go. I'd be nervously looking for a crazed stockholder with a sniper rifle. lol.
Posted by bill1352 on :
i'm wondering what kind of drugs its going to take to dream up the theorys to cover this story. i'm guessing they have drug makers working hard at finding something mind numbing enough to get through this.
Posted by vman on :
There are certainly alot of mean-spirited people on here, dying to dish out a few "I told you so's". What is the point of it? Although I own a few shares and would love to see this thing come out the halt and make some money (doesn't seem like the likely scenario), I would rather it hit huge to quell some of the arrogance out there!
Posted by pappy on :
Maybe they put so many shares out that they did set them selfs up for a hostal take over. If there is some 800 billion shares could not someone buy billions aday until suprise. Does UC have 51 percent of how ever many o/s shares? did he get caught with his pants down and his thingy stuck in the blower of his funny car? JUST A THOUGHT
Posted by will on :
You want to talk about mean spirited and arrogant? Where were you when the faithful were dismissing people's questions, 6 , 8 months ago with condescending posts and remarks that equated to - "you're dismissed dumbass, you and your opinion", and "we know the truth, and you're a naysaying complainer, no one wants to hear your crap, move on, dumbass". Well, it's a little different now, and I don't see any of them apologizing for their mean spirits and arrogance. No apology necessary, a $25,000 stick of gum will wake them up.
quote:Originally posted by vman: There are certainly alot of mean-spirited people on here, dying to dish out a few "I told you so's". What is the point of it? Although I own a few shares and would love to see this thing come out the halt and make some money (doesn't seem like the likely scenario), I would rather it hit huge to quell some of the arrogance out there!
Posted by Apenorm57 on :
Why is it suprising that people are still pumping this pig? Look at the RB Mlon thread... people there think the PR was released by Mario so he could buy back shares at a lower price. It's called "Post Traumatic Stress Disorder". This is really what it is like... going through a severe stressful event and ending up in la la land.
Posted by vman on :
quote:Originally posted by will: You want to talk about mean spirited and arrogant? Where were you when the faithful were dismissing people's questions, 6 , 8 months ago with condescending posts and remarks that equated to - "you're dismissed dumbass, you and your opinion", and "we know the truth, and you're a naysaying complainer, no one wants to hear your crap, move on, dumbass". Well, it's a little different now, and I don't see any of them apologizing for their mean spirits and arrogance. No apology necessary, a $25,000 stick of gum will wake them up.
quote:Originally posted by vman: There are certainly alot of mean-spirited people on here, dying to dish out a few "I told you so's". What is the point of it? Although I own a few shares and would love to see this thing come out the halt and make some money (doesn't seem like the likely scenario), I would rather it hit huge to quell some of the arrogance out there!
Point taken.
Posted by Dustoff101 on :
..Question? I have looked thru the threads and so far I have found nothing about oil and gas.Now,... before anyone go's nuts claiming I am some kind of pumper,do these mineral claims have anything to do with Tar sands, Oil or Gas rights,I ask in generic terms.As pertaining to these recent claims [10 yrs or so ]Thankyou.
Posted by ya ya on :
Relax everyone and channel all that anger into finding your next big winner so you can start making money again.
Posted by lanebro on :
quote:Originally posted by bill1352: YA think UC will be at the races this weekend???
The next race isn't until March 18, plenty of time to spin some more upbeat crap.
It's scary to think what'll happen to the teams that UC sponsors when it all goes south. It could get REALLY ugly back in the pits. Those guys make that lady from Vegas look like Miss Manners. Nothing worse than a deadbeat sponsor.
Posted by bill1352 on :
vman Member
Rate Member posted March 03, 2005 13:15 -------------------------------------------------------------------------------- There are certainly alot of mean-spirited people on here, dying to dish out a few "I told you so's". What is the point of it? Although I own a few shares and would love to see this thing come out the halt and make some money (doesn't seem like the likely scenario), I would rather it hit huge to quell some of the arrogance out
=========================================
vman...i'm sorry if what we are saying offends you. for you & those like you i too hope you can recover your cash. but after 1 yr of reading the stuff these pumping morons have been putting out from wild math theories trying to show how 400 billion shares are worth at least .60 each or more, to idea's on billion & billions of naked shorted shares it makes those that think thru stocks & apply real world stock market rules to every stock. these pumpers have acted like none of these rules apply to cmkx, a company with no income except selling stocks.
Posted by Ric on :
Was just about to say the same thing. Now they are trying to say Mario did this so he could get all the information straightened out, that way they can start reporting. Thats what I see the pumpers doing here soon. It just so everything is out in the open and once this is over they will start being a reporting company. roflmao. The disperate will try anything.
Ric
quote:Originally posted by Apenorm57: Why is it suprising that people are still pumping this pig? Look at the RB Mlon thread... people there think the PR was released by Mario so he could buy back shares at a lower price. It's called "Post Traumatic Stress Disorder". This is really what it is like... going through a severe stressful event and ending up in la la land.
Posted by vman on :
quote:Originally posted by bill1352: vman Member
Rate Member posted March 03, 2005 13:15 -------------------------------------------------------------------------------- There are certainly alot of mean-spirited people on here, dying to dish out a few "I told you so's". What is the point of it? Although I own a few shares and would love to see this thing come out the halt and make some money (doesn't seem like the likely scenario), I would rather it hit huge to quell some of the arrogance out
=========================================
vman...i'm sorry if what we are saying offends you. for you & those like you i too hope you can recover your cash. but after 1 yr of reading the stuff these pumping morons have been putting out from wild math theories trying to show how 400 billion shares are worth at least .60 each or more, to idea's on billion & billions of naked shorted shares it makes those that think thru stocks & apply real world stock market rules to every stock. these pumpers have acted like none of these rules apply to cmkx, a company with no income except selling stocks.
I just don't understand the back and forth name calling and such (both sides are guilty, I know). I like to see people discuss the facts and pose arguments. I just don't think anybody really KNOWS the full story behind the stock. History has proven nearly all of these sort of stock are scams, and I understand that. So that is one argument, based on the history of pinks. It is also for this very reason that naked shorting occurs. I guess this is not a proven fact, but it sure seems probable. Afterall, if the stocks are scams, who would notice? If, and I know its a big if, a stock seemed to be a scam but weren't... how would the situation unfold in like of NSS? History of course is not on that argument's side, but it would be cool if it were correct.
Posted by will on :
"how would the situation unfold in like of NSS? History of course is not on that argument's side, but it would be cool if it were correct."
Didn't the SEC give them an opportunity to prove any NSS with the SHO requirement, that they refused to report and participate.
Posted by dwman on :
LOL...
YOU GUYS TAKE THE CAKE>>> I CAN'T EVEN GET SERVED MY PORTION OF CROW.
This is absolutely amazing. Names I have never seen are coming out of the woodworks all giddy about the plight of cmkx. Doc, I'm surprised at the little green smily showing a full mouth of teeth. I always thought that kinda represented a "ha ha, I win you lose attitude". I don't believe that is the way you intended it but my goodness. Look at comments from some here. Why would anyone find pleasure in the demise of a company so many have put blood sweat and tears in not to mention money. I just don't understand. Had it turned out differently, I would not have treated those of you who have been negative this way. Oh well...my skin is tough. I can deal with. I have said all along that I put no more in the company than I could afford to lose.
Posted by dwman on :
I think cmkx will trade again and will go to DAS MOON. JMO
Posted by dwman on :
I think we reverse merge and ipo on NYSE at $40 per share. JMO
Posted by dwman on :
LIFT OFF MARCH 17. SEC WILL OFFER PUBLIC APOLOGY TO ALL PUMPERS. JMO.
Posted by dwman on :
I CAN'T WAIT UNTIL MARCH 17. I'M BUYING MORE MUCH MORE (AT THE MARKET).
Posted by Doctoall on :
quote:Originally posted by dwman: LOL...
YOU GUYS TAKE THE CAKE>>> I CAN'T EVEN GET SERVED MY PORTION OF CROW.
This is absolutely amazing. Names I have never seen are coming out of the woodworks all giddy about the plight of cmkx. Doc, I'm surprised at the little green smily showing a full mouth of teeth. I always thought that kinda represented a "ha ha, I win you lose attitude". I don't believe that is the way you intended it but my goodness. Look at comments from some here. Why would anyone find pleasure in the demise of a company so many have put blood sweat and tears in not to mention money. I just don't understand. Had it turned out differently, I would not have treated those of you who have been negative this way. Oh well...my skin is tough. I can deal with. I have said all along that I put no more in the company than I could afford to lose.
Hey I am also out $$ on this one. I just get tired of people pumping this stock and continuing to trap people with false statements. Who knows what will happen with the SEC deal, one day its in the pumpers favor and another day its in the bashers favor. They all get their day to go at it. The sad thing is that we have all lost money on this stock. I guess its live and learn.
Posted by dwman on :
I WILL EAT CROW TODAY AND THEN GET TWO RIBEYE STEAKS ON MARCH 17.
Posted by justplayin on :
dwman, if nothing else, I like your enthusiasm.
Posted by dwman on :
Good Doc, I knew you weren't that kind of guy.
Posted by Highwaychild on :
Seems like every time CMKX/USCA is supposed to have some big news comming out the SEC is knocking on the door.
Big news was expected out at the shareholders party at the end of last Oct...SEC suspension. This time, talk and hopes of finally getting the CMKX o/s, maybe even a valuation in writing...SEC suspension.
Dang it!
Posted by dwman on :
quote:Originally posted by justplayin: dwman, if nothing else, I like your enthusiasm.
LOL.... thanks
Posted by justplayin on :
Doc, not all of us have lost money on this stock.
I have been around this one for about 2 years. I sold on the last run and bought back low.
I am actually up on this. Waiting for another run.
Posted by Doctoall on :
quote:Originally posted by dwman: I WILL EAT CROW TODAY AND THEN GET TWO RIBEYE STEAKS ON MARCH 17.
Actually, the crow is not bad at all with some hot sauce, I ate some the last time that CMKX made a turn around. Still have some in the fridge in case I need to try some more Posted by will on :
dw, I do not include you in the intoxicated faithful.. My remarks were made to the faithful that used to reside here, and were arrogant and dsimissive with me when I posed the question of the company being forthright and forthcoming. They had choice to be reasonable, as you have been, and are, but they chose to act superior, and concescending. They were insulting and tried to embarrass people to discredit them instead of posing real fact arguements to change other's opinions or positions. Just desserts for them, misfortune for good reasonable people. I apologize to you if any of my posts have offended you, and I am sorry at the current situation of CMKX, for your sake only.
quote:Originally posted by dwman: LOL...
YOU GUYS TAKE THE CAKE>>> I CAN'T EVEN GET SERVED MY PORTION OF CROW.
This is absolutely amazing. Names I have never seen are coming out of the woodworks all giddy about the plight of cmkx. Doc, I'm surprised at the little green smily showing a full mouth of teeth. I always thought that kinda represented a "ha ha, I win you lose attitude". I don't believe that is the way you intended it but my goodness. Look at comments from some here. Why would anyone find pleasure in the demise of a company so many have put blood sweat and tears in not to mention money. I just don't understand. Had it turned out differently, I would not have treated those of you who have been negative this way. Oh well...my skin is tough. I can deal with. I have said all along that I put no more in the company than I could afford to lose.
Posted by Bigrod40 on :
THIS MAKES SENSE.....sorry bashers............
Re: CMKX - Everything Else « Reply #1174 on: Today at 11:04am » Quote Modify
-------------------------------------------------------------------------------- Sterling's Classroom Member Forum
By: richmi69 03 Mar 2005, 10:19 AM EST Msg. 165414 of 165442 Jump to msg. # From VAROK Re CMKX
CMKX being halted is a good move...
I hope all of you have the shares you want,because in my opinion,this is just the beginning to a long awaited, with great expectation "To the greatest penny play of all times"
I don't consider this to be anything other than bringing CMKX in compliance as was stated by the company and this halt is probably action,yes by the SEC,but finally to make us all now realize that we are sitting on a very explosive announcement coming by March 16th..
This action was planned,but what is really important will be the results of the core samples and the actual worth of the company and I believe, if you're in, now sit tight..
After the halt, CMKX will move.
In my opinion, I just can't seem to be concerned other than is too big and your dreams may come to fruition within the next couple of weeks..
A company doesn't bring on new board members and SEC lawyers,announcing a new CEO..
Folks,my guess,this was in the works and these suspension don't just happen...
Finally!!!!
I think a couple of things may happen..First a possible buyout and second a whole new company will emerge once the halt is lifted..
I'm excited about this and have no worries.
Have a good day Varok
Posted by vman on :
quote:Originally posted by will: "how would the situation unfold in like of NSS? History of course is not on that argument's side, but it would be cool if it were correct."
Didn't the SEC give them an opportunity to prove any NSS with the SHO requirement, that they refused to report and participate.
I don't know for sure about the legitimacy of the SHO requirement. My understanding is that a company didn't need to be reporting to be included under the regulation. Nonetheless, I choose to remain skeptical. Skepticism is always best: when it comes to CMKX, and when it comes to the SEC. I don't trust much of anything. IMO it is very possible to have a large NS problem and not be on the SHO list.
Posted by Apenorm57 on :
So is March 16th the drop dead date?
Posted by bill1352 on :
DW...what Will said...lol
Posted by George on :
This thing has always been worthless and at best risky.
Posted by will on :
I did not mean that they had to be reporting. What I meant was they refused to furnish the SEC required information to be on the list. They would not furnish the O/S to the SEC so that they could participate in the SHO. They refused to "report" the required information. Has nothing to do with them being a REPORTING company.
quote:Originally posted by vman:
quote:Originally posted by will: "how would the situation unfold in like of NSS? History of course is not on that argument's side, but it would be cool if it were correct."
Didn't the SEC give them an opportunity to prove any NSS with the SHO requirement, that they refused to report and participate.
I don't know for sure about the legitimacy of the SHO requirement. My understanding is that a company didn't need to be reporting to be included under the regulation. Nonetheless, I choose to remain skeptical. Skepticism is always best: when it comes to CMKX, and when it comes to the SEC. I don't trust much of anything. IMO it is very possible to have a large NS problem and not be on the SHO list.
Posted by glassman on :
********** Member
Member Rated: 4 Icon 1 posted August 08, 2004 23:09 Profile for ******** Send New Private Message Edit/Delete Post Glassman wrote : CMKX sold 5% of YOUR (the shareholders) mineral rights to them for SHARES--and they sold an option to buy an extra 10% of CMKX's mineral rights for cash.... if the real value of CMKX is the mineral rights, i am pointing out to you that they are being sold out of the company to another company that you may or may not get(dividend) shares in.... that's not important???????????
this is a lot more vauable than copying some of the outrageous statements that i've been reading.... i didn't see anybody else posting this information anywhere..... _____________________________________________ Hi Glassman, Did you answer my questions to you from page 1? One was Did you think we didn't read the SEC filing on UCAD? Another was- Do you think it is unusual for a company to move into a shell in the pink sheet market?
As far as this post of yours. UCAD does have some sweetheart deals for cash in exchange for mineral rights. We (the sahreholders) will be getting shares in UCAD and other mining companies. The dividends almost equal the present cost of the stock. We have a great lawyer who is looking out for the shareholders interests. One way or another we will get the value that is in CMKX to the shareholders.
Do you understand this next paragraph? UCAD is coming TO THE SHAREHOLDERS-not to CMKX. So if CMKX gets some cash that is great and not at all unusual. Why wouldn't the company get cash when that is why companies sell stock in the first place. They certainly haven't been getting cash for the naked shorted shares the MM's have been spinning.
Glassman -I am not seeing much value in the 'DD' you think you are bringing. Your amen corner consists of new posters who are suspect and a few that are not held in high esteem. If your goal is to chase away the stockholders who like this stock and have posted here for the last year -why bother? You may not succeed unless you plan on living your life on the CMKX board. And if you want it that bad we know other boards where we are more than welcome and this kind of baloney isn't.
Good Luck to all the longs in this stock. Trust the DD you have done and try to ignore the bashers. They are actually a good sign. Why all the energy to bash a .0004 stock? IMO-DD-*****
Posted by legaleagle on :
quote:Originally posted by will: dw, I do not include you in the intoxicated faithful.. My remarks were made to the faithful that used to reside here, and were arrogant and dsimissive with me when I posed the question of the company being forthright and forthcoming. They had choice to be reasonable, as you have been, and are, but they chose to act superior, and concescending. They were insulting and tried to embarrass people to discredit them instead of posing real fact arguements to change other's opinions or positions. Just desserts for them, misfortune for good reasonable people. I apologize to you if any of my posts have offended you, and I am sorry at the current situation of CMKX, for your sake only.
quote:Originally posted by dwman: LOL...
YOU GUYS TAKE THE CAKE>>> I CAN'T EVEN GET SERVED MY PORTION OF CROW.
This is absolutely amazing. Names I have never seen are coming out of the woodworks all giddy about the plight of cmkx. Doc, I'm surprised at the little green smily showing a full mouth of teeth. I always thought that kinda represented a "ha ha, I win you lose attitude". I don't believe that is the way you intended it but my goodness. Look at comments from some here. Why would anyone find pleasure in the demise of a company so many have put blood sweat and tears in not to mention money. I just don't understand. Had it turned out differently, I would not have treated those of you who have been negative this way. Oh well...my skin is tough. I can deal with. I have said all along that I put no more in the company than I could afford to lose.
Your "Victory Dance" is premature Will.
Posted by vman on :
quote:Originally posted by will: I did not mean that they had to be reporting. What I meant was they refused to furnish the SEC required information to be on the list. They would not furnish the O/S to the SEC so that they could participate in the SHO. They refused to "report" the required information. Has nothing to do with them being a REPORTING company.
I thought the O/S also wasn't needed. 10,000 fail-to-delivers occur should be sufficient. Does the total FTD also have to be 0.5% of the O/S? Even if this is the case, I still remain skeptical of SEC. We should all know soon enough Posted by dwman on :
quote:Originally posted by Doctoall:
quote:Originally posted by dwman: I WILL EAT CROW TODAY AND THEN GET TWO RIBEYE STEAKS ON MARCH 17.
Actually, the crow is not bad at all with some hot sauce, I ate some the last time that CMKX made a turn around. Still have some in the fridge in case I need to try some more
Hey Doc,,, If it was not all that bad, why are you keeping leftovers that long. I can't remember cmkx making a turnaround. LOL
Posted by Doctoall on :
quote:Originally posted by dwman:
quote:Originally posted by Doctoall:
quote:Originally posted by dwman: I WILL EAT CROW TODAY AND THEN GET TWO RIBEYE STEAKS ON MARCH 17.
Actually, the crow is not bad at all with some hot sauce, I ate some the last time that CMKX made a turn around. Still have some in the fridge in case I need to try some more
Hey Doc,,, If it was not all that bad, why are you keeping leftovers that long. I can't remember cmkx making a turnaround. LOL
Not that they made a turn around with the PPS, just that they brought on some new board members and did a filing with the SEC, that is what I meant (actually dealing with business). But now this action of today leaves me with lots of questions and doubts about the future of CMKX. I have learned in life that nothing is impossible, so why throw the crow out!! Posted by will on :
legal wrote: Your "Victory Dance" is premature Will.
Come see me when your thousands of dollars can't purchase a tic tac. I don't mean a standard package of tic tacs, I mean one lonely tic tac.
Posted by dwman on :
LOL Doc.... Leftover crow is good I hear. Take care.
Posted by joeyisthebest on :
CMKX might move after teh 17th because it sounds like in the SEC statement that SEC is mainly looking into the brokers because of the shorted shares possibly or maybe the finacials actually show CMKX is worth .001 per share. Who knows can't wait to find out hope my 2,940,000 shares are at least worth .0001 LMFAO
Posted by boised on :
quote:Originally posted by will: You want to talk about mean spirited and arrogant? Where were you when the faithful were dismissing people's questions, 6 , 8 months ago with condescending posts and remarks that equated to - "you're dismissed dumbass, you and your opinion", and "we know the truth, and you're a naysaying complainer, no one wants to hear your crap, move on, dumbass". Well, it's a little different now, and I don't see any of them apologizing for their mean spirits and arrogance. No apology necessary, a $25,000 stick of gum will wake them up.
quote:Originally posted by vman: There are certainly alot of mean-spirited people on here, dying to dish out a few "I told you so's". What is the point of it? Although I own a few shares and would love to see this thing come out the halt and make some money (doesn't seem like the likely scenario), I would rather it hit huge to quell some of the arrogance out there!
ahh those were the days... the best were "you are bashing just to buy my shares at a cheaper price!!!"
Posted by boised on :
quote:Originally posted by dwman: LOL...
YOU GUYS TAKE THE CAKE>>> I CAN'T EVEN GET SERVED MY PORTION OF CROW.
This is absolutely amazing. Names I have never seen are coming out of the woodworks all giddy about the plight of cmkx. Doc, I'm surprised at the little green smily showing a full mouth of teeth. I always thought that kinda represented a "ha ha, I win you lose attitude". I don't believe that is the way you intended it but my goodness. Look at comments from some here. Why would anyone find pleasure in the demise of a company so many have put blood sweat and tears in not to mention money. I just don't understand. Had it turned out differently, I would not have treated those of you who have been negative this way. Oh well...my skin is tough. I can deal with. I have said all along that I put no more in the company than I could afford to lose.
Blood and sweat ??? Whose?? not urban he isn't doing a dam thing other than running around on the drag strip. Thief made out like a bandit. People complain .. give them time ... give them time.. if there are so god damn strapped for time why the hell are they drag racing? S C A M O L A thats why
Posted by boised on :
quote:Originally posted by dwman: I CAN'T WAIT UNTIL MARCH 17. I'M BUYING MORE MUCH MORE (AT THE MARKET).
Silly rabbit you can't buy shares of a delisted stock.
Posted by boised on :
quote:Originally posted by joeyisthebest: CMKX might move after teh 17th because it sounds like in the SEC statement that SEC is mainly looking into the brokers because of the shorted shares possibly or maybe the finacials actually show CMKX is worth .001 per share. Who knows can't wait to find out hope my 2,940,000 shares are at least worth .0001 LMFAO
Learn to read Mkay??? SEC is investigating CMKX directly as well as shareholders DUH!:
The Commission temporarily suspended trading in the securities of CMKM Diamonds because of questions that have been raised about the adequacy of publicly available information concerning, among other things, CMKM Diamonds’ assets and liabilities, mining and other business activities, share structure and stock issuances, and corporate management. Since the fiscal year ending December 31, 2002, CMKM Diamonds has been delinquent in its periodic filing obligations under Section 13(a) of the Exchange Act. The Commission is concerned that CMKM Diamonds may have unjustifiably relied on a Form S-8 to issue unrestricted securities. The Commission is also concerned that CMKM Diamonds and/or certain of its shareholders may have unjustifiably relied on Rule 144(k) of the Securities Act of 1933 (“Securities Act”) in conducting an unlawful distribution of its securities that failed to comply with the resale restrictions of Rules 144 and 145 of the Securities Act.
The Commission cautions brokers, dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by CMKM Diamonds.
Posted by Ric on :
boised,
You can't post that, You have to read the statement over and over till you find one piece that you can twist into looking good and pump that for the good of the investors. You may be labeled a basher if you post the truth. Like the PR on MLON that has been turned into a good thing over there. ROFLMAO
Ric
Posted by dwman on :
Report regarding phone conversation with cmkx transfer agent......
Hellen, at First Global, stated that the o/s was known and was ready to file. She stated that their records will hold up to investigation AND no need to jump off bridge when asked, "should I jump off a bridge". The person reporting stated that Helen said their records are impeccable.
Posted by dwman on :
Bring back my ribeye steak and get this crow out of here.
Posted by vman on :
Tell me if this seems like an odd statement to you guys:
"If any broker or dealer enters any quotation for the stock of CMKM Diamonds that is in violation of the rule, the Commission will consider the need for prompt enforcement action.."
The suspension is worded much like other suspensions, but this line really seems to take a stab at dealers...not the company. Just triggered my attention.
Posted by dwman on :
I thought that was a standard phrase vman.
Posted by vman on :
yeah, looks that way dw
Posted by TruthTeller on :
The halt is good ...
For pumpers - MMs can not short CMKX anymore
For Bashers - UC can't dilute anymore
Posted by bill1352 on :
The Commission is concerned that CMKM Diamonds may have unjustifiably relied on a Form S-8 to issue unrestricted securities. The Commission is also concerned that CMKM Diamonds and/or certain of its shareholders may have unjustifiably relied on Rule 144(k) of the Securities Act of 1933 (“Securities Act”) in conducting an unlawful distribution of its securities that failed to comply with the resale restrictions of Rules 144 and 145 of the Securities Act. =================================
can you say DILUTION???
-----====================
The Commission temporarily suspended trading in the securities of CMKM Diamonds because of questions that have been raised about the adequacy of publicly available information concerning, among other things, CMKM Diamonds’ assets and liabilities, mining and other business activities, share structure and stock issuances, and corporate management
=================
Can you say lying SOB's???
Posted by TruthTeller on :
"The Commission temporarily suspended trading in the securities of CMKM Diamonds"
Why "temporarily"?
Posted by TruthTeller on :
Ric, I wonder why MLON was not halted for even 1 day
quote:Originally posted by Ric: boised,
You can't post that, You have to read the statement over and over till you find one piece that you can twist into looking good and pump that for the good of the investors. You may be labeled a basher if you post the truth. Like the PR on MLON that has been turned into a good thing over there. ROFLMAO
Ric
Posted by boised on :
quote:Originally posted by TruthTeller: "The Commission temporarily suspended trading in the securities of CMKM Diamonds"
Why "temporarily"?
SEC is investigating and waiting for clarity from CMKX on filings.
Posted by boised on :
quote:Originally posted by TruthTeller: Ric, I wonder why MLON was not halted for even 1 day
quote:Originally posted by Ric: boised,
You can't post that, You have to read the statement over and over till you find one piece that you can twist into looking good and pump that for the good of the investors. You may be labeled a basher if you post the truth. Like the PR on MLON that has been turned into a good thing over there. ROFLMAO
Ric
Investigation was already complete
Posted by bill1352 on :
TruthTeller Member
Rate Member posted March 03, 2005 17:35 -------------------------------------------------------------------------------- Ric, I wonder why MLON was not halted for even 1 day
=======================================
as it would seem ric is not here at the moment i'll take this one...lol...mario didn't lie as much as UC & mlon's o/s is only 12 billion peanuts as compared to cmkx. i also dont remember seeing mario putting signs on race cars asking "Got CMKX?". you dont call a sample diamondferous when the flecks make a grain of salt look big. you don't increase the a/s by 300 billion shares & 3 days later have 279 billion of those new shares show up in a dividend split. you don't change t/a's and then find out 1 yr later that you have had over 500 shareholders for over 2 yrs, you find this out when you change t/a's. might be why they went back to the first t/a. the second brought up the problem. could be why UC tried to be his own t/a, hide the problem. i'm guessing roger earned his pay that day telling UC how many yrs he would get in jail for that bit of handy work.
see all MLON did was put out false prs. UC it looks tryed to screw the whole system. unfortunitly the SEC does not release the details. after the halt CMKX goes right back to trading. of course USCA had to report all activites. lets hope cmkx has to do the same.
Posted by tomr929 on :
I have been lurking in the background for awhile mainly because I had nothing to add one way or the other. But what is amazing is how some people take an extraodinary amount of pleasure in the loss of others. Makes you wonder
Posted by TruthTeller on :
So its like 'These guys lied in the PR', but we will let them trade?
quote:Originally posted by boised:
quote:Originally posted by TruthTeller: Ric, I wonder why MLON was not halted for even 1 day
quote:Originally posted by Ric: boised,
You can't post that, You have to read the statement over and over till you find one piece that you can twist into looking good and pump that for the good of the investors. You may be labeled a basher if you post the truth. Like the PR on MLON that has been turned into a good thing over there. ROFLMAO
Ric
Investigation was already complete
Posted by bill1352 on :
tomr929...thats where your wrong. there are many here that hold shares or lost greatly on cmkx saying what i am. there are some that still have hope that us so called bashers do feel for. they said they hoped but didn't come up with fantastic theorys on why cmkx was getting screwed by mm's & why it was worth at least .50 now, not at some point in the future. personally i lost about $1,000. i bought 2.062 million shares at .0005 & .0004. i still have 62K & a bunch of worthless dividend shares.
Posted by TruthTeller on :
Thanks Bill.
"of course USCA had to report all activites"
USCA did not back off from any previous PRs, right?
All the things you wrote in the first paragraph are bad for us shareholders, but are those things illegal?
quote:Originally posted by bill1352: TruthTeller Member
Rate Member posted March 03, 2005 17:35 -------------------------------------------------------------------------------- Ric, I wonder why MLON was not halted for even 1 day
=======================================
as it would seem ric is not here at the moment i'll take this one...lol...mario didn't lie as much as UC & mlon's o/s is only 12 billion peanuts as compared to cmkx. i also dont remember seeing mario putting signs on race cars asking "Got CMKX?". you dont call a sample diamondferous when the flecks make a grain of salt look big. you don't increase the a/s by 300 billion shares & 3 days later have 279 billion of those new shares show up in a dividend split. you don't change t/a's and then find out 1 yr later that you have had over 500 shareholders for over 2 yrs, you find this out when you change t/a's. might be why they went back to the first t/a. the second brought up the problem. could be why UC tried to be his own t/a, hide the problem. i'm guessing roger earned his pay that day telling UC how many yrs he would get in jail for that bit of handy work.
see all MLON did was put out false prs. UC it looks tryed to screw the whole system. unfortunitly the SEC does not release the details. after the halt CMKX goes right back to trading. of course USCA had to report all activites. lets hope cmkx has to do the same.
Posted by TruthTeller on :
Doc.. By the way, the title of this thread is kinda funny. Sounds like CMKX halted SEC rather than SEC halted CMKX. Posted by Ric on :
Because they didn't need to. MLON went ahead and admitted it lied to the investors so there was no need for the temporary halt. The letigation phase started at that point. The way it will work now is after the 14 day stop status they will have 60 days to comply. After that formal litigation will be announced. If they still haven't complied after 120 days of letigation then a permenant halt will occur. Now anytime during this process the SEC can pull the registration if need be.
Ric
quote:Originally posted by TruthTeller: Ric, I wonder why MLON was not halted for even 1 day
quote:Originally posted by Ric: boised,
You can't post that, You have to read the statement over and over till you find one piece that you can twist into looking good and pump that for the good of the investors. You may be labeled a basher if you post the truth. Like the PR on MLON that has been turned into a good thing over there. ROFLMAO
Ric
Posted by joeyisthebest on :
V man that was the line I was refering to thanks for finding it
Posted by Stocks777 on :
i told ever idiot THAT BOUGHT INTO CMKX that IT was a scam, no one listened, this stock is a SCAM, PERIOD
Posted by vman on :
quote:Originally posted by Stocks777: i told ever idiot THAT BOUGHT INTO CMKX that IT was a scam, no one listened, this stock is a SCAM, PERIOD
Well I wish you woulda told me before. Then I wouldn't have boughten any!
Posted by Doctoall on :
quote:Originally posted by TruthTeller: Doc.. By the way, the title of this thread is kinda funny. Sounds like CMKX halted SEC rather than SEC halted CMKX.
I agree, but the fact of the matter is that we all know what it means Posted by Doctoall on :
quote:Originally posted by Stocks777: i told ever idiot THAT BOUGHT INTO CMKX that IT was a scam, no one listened, this stock is a SCAM, PERIOD
Thanks for the compliment. My grandmother always told me that it takes an idiot to know one Posted by Doctoall on :
quote:Originally posted by TruthTeller: "The Commission temporarily suspended trading in the securities of CMKM Diamonds"
Why "temporarily"?
Because they are "only" doing an investigation and probably do not have enough evidence to stop the trading for good. If they find a reason during the investigation to stop trading then they will and if not then the trading will resume. JMO
Posted by retireyoung on :
I hate to say it but i also love to say it, TOLD YOU SO. For real though, lets all learn something, its good to take advise from others and evaluate every possible angle.
Posted by Doctoall on :
quote:Originally posted by retireyoung: I hate to say it but i also love to say it, TOLD YOU SO. For real though, lets all learn something, its good to take advise from others and evaluate every possible angle.
When you are young it is understandable that you would want to use "I Told You So" but with maturity those words are replaced by "I am sorry for your losses, make sure you always do your own DD" Posted by retireyoung on :
quote:Originally posted by Doctoall:
quote:Originally posted by retireyoung: I hate to say it but i also love to say it, TOLD YOU SO. For real though, lets all learn something, its good to take advise from others and evaluate every possible angle.
When you are young it is understandable that you would want to use "I Told You So" but with maturity those words are replaced by "I am sorry for your losses, make sure you always do your own DD"
I took the mature approach many many times, know one took any negative advice. I was a basher who only wanted more shares, yeah right; would never touch it. Just wanted to help with a different opinion, and i was right. They wouldnt have losses if they took advice from every one. The end of my post was very serious.
Posted by TruthTeller on :
Thx Ric.
quote:Originally posted by Ric: [QB] Because they didn't need to. MLON went ahead and admitted it lied to the investors so there was no need for the temporary halt. The letigation phase started at that point. The way it will work now is after the 14 day stop status they will have 60 days to comply. After that formal litigation will be announced. If they still haven't complied after 120 days of letigation then a permenant halt will occur. Now anytime during this process the SEC can pull the registration if need be.
Ric
Posted by Dustoff101 on :
..retireyoung,..does this mean cmkx is dead ,and cmkm will emerge as the real company?What about GEMM USCA .Is there any merit in the idea that these companys USCA GEMM CMKM have any pest value,and could be purchased to get them out of the way?
Posted by bill1352 on :
ya know sitting in here saying i told you so it almost as bad as the pumpers doing as they did for the last yr. its harmful & hurtful. can anyone blame a person for wanting better? wife, kids & job, kids want & need things & they run accross a stock for even .0004, $400 for 1 million shares & the wow, what if's hit & the just in case nagging sets in. for those folks i feel bad for & understand why they did as they did. my only problem is the CMKX cult & the crap they have dumped in here for a yr or more. i bought into their crap till the 400 billion o/s info was leaked & it cost me. i held on to my shares for the dividends thinking maybe they would be of value & they aren't. i've been called a paid basher well i'm wondering if it wasn't more of the paid pumpers. ppl with no shares saying they had shares spewing all the trash we have seen. the pumpers have cost family men & women cash because everyone wants to provide more & better for their families. they feed on human nature & love of family. to now rub those same ppl's faces in it is wrong. its not as bad as what the cmkx cult has done but it sure isn't in the spirit of helping anyone.
Posted by boised on :
quote:Originally posted by Dustoff101: ..retireyoung,..does this mean cmkx is dead ,and cmkm will emerge as the real company?What about GEMM USCA .Is there any merit in the idea that these companys USCA GEMM CMKM have any pest value,and could be purchased to get them out of the way?
wackoff nothing is emerging... CMKX will be forced to report and then their nonsense of being vague will continue as usual.. Watch and learn.
Posted by vman on :
quote:Originally posted by bill1352: ya know sitting in here saying i told you so it almost as bad as the pumpers doing as they did for the last yr. its harmful & hurtful. can anyone blame a person for wanting better? wife, kids & job, kids want & need things & they run accross a stock for even .0004, $400 for 1 million shares & the wow, what if's hit & the just in case nagging sets in. for those folks i feel bad for & understand why they did as they did. my only problem is the CMKX cult & the crap they have dumped in here for a yr or more. i bought into their crap till the 400 billion o/s info was leaked & it cost me. i held on to my shares for the dividends thinking maybe they would be of value & they aren't. i've been called a paid basher well i'm wondering if it wasn't more of the paid pumpers. ppl with no shares saying they had shares spewing all the trash we have seen. the pumpers have cost family men & women cash because everyone wants to provide more & better for their families. they feed on human nature & love of family. to now rub those same ppl's faces in it is wrong. its not as bad as what the cmkx cult has done but it sure isn't in the spirit of helping anyone.
nicely put bill, hindsight is 20/20 huh? I don't care what anybody says.. Nobody ever KNOWS what is going on with these stocks. Every one is a gamble.
Posted by ed19363 on :
I aint sayin nothin til this whole thing plays out. I'm so freakin confused I dont know what to believe anyway.... See yall around the 17th.
Posted by Wallace#1 on :
Now for my 2 cents!
For those of you who think others are gloating, I suggest you think about it a little bit more deeply. As Will stated, many of us were called every name in the book, threatened and sorely discredited without merit. Some truly wanted you to know the full picture from others' points of view and experience.
The point is, recent comments in view of the SEC suspension are relative to "I told you so" reactions to previous deleterious comments by avid pumpers, promoters and (I don't mind saying so) pin-heads who refused to look at the true facts and track records of CMKX people. Yes, I am sorry so many lost so much! That has nothing to do with the fact that I TOLD YOU SO many, many times in the past. It is not because people lost money that others may be gloating, but because they now appear to be vindicated as having been correct in their opinions.
Yes, I will gloat when CMKX finally goes down to oblivion. Not because of your losses, but because of adverse treatment by so many when making my opinions and experience known.
Speaking of that, Will, where's nutsack now? Where's JBCak, Debi, TradingWizard, thinkmoney, pharmdman, FasttrackerMo, skippy, HarryHar, MarthaStirIt and so many others?
Legal,
You seem to dismiss "suspension" as less important than a "halt". The fact is, it is much more a negative factor. Halts (and I initiated many)are usually based upon unusual activity in a stock and/or an impending major announcement by the company. Suspensions are much more serious, expecially when done by the SEC. In this case it appears to include illegal activities.
Hwy,
Re your posts that CMKX was halted. It was "suspended".
vman, you wrote: "nicely put bill, hindsight is 20/20 huh? I don't care what anybody says.. Nobody ever KNOWS what is going on with these stocks. Every one is a gamble."
Vman, there was no hindsight in my statements and conclusions of many months ago. Nor was there any misunderstanding as to what CMKX was, is and where it was going. That WAS NOT a gamble! The facts were staring everyone in their faces.
Posted by dwman on :
Thanks Ed, vman. I especially like bill's sensitivity.
Posted by dwman on :
Thanks wallace for not saying "I told you so."
Posted by DaFlem on :
HAHA im so sorry to hear that today all the people with tens of milli0ons hoping it would jump. Luckily i only bought 1mil for lottery purposes so i can buy some cd's lol. well i still hompe i can sell at .0002 for some CD's
Posted by dwman on :
Wow!!! I laid down to take a nap today and dreamed that cmkx got suspended. Man that was scary. Go cmkx.... To DSA Moon whatever that means.
Posted by Wallace#1 on :
quote:Originally posted by dwman: Thanks wallace for not saying "I told you so."
Oh Oh! dwman, you were never part of that group. Nothing of what I said applies to you. I very much agree with Will.
Posted by GT500 on :
I didn't read this whole topic nor I plan to, but people get real..we are talking about penny stocks here! We would all want to get into a stock that can turn $1000 into $100,000 but what are the chances?
Sometimes you win, sometimes you lose..and there is nobody who can say for a fact this is good and this is bad. If someone knew they would get rich and wouldn't share their knowledge with everyone else..after all we are only humans.
So you invested in this one and lost, move on, learn from your won mistakes. Learn that you should never invest more than you can lose.
Back in the days I had a broker (and I'm sure many of you did) who I asked how much should I invest in order to have x amount in 2 years, he told me "well, it all depends how much you really want to MAEK". Now lets have a reality check, nobody will say I want to make one million and not a penny more.. what brokers (and in this case we) should ask is how much you're willing to risk..
Good luck to everyone.
Posted by bill1352 on :
wallace i do agree sticking it up the cmkx cults collective arsses is warrented. i do remember what was said to you & others & i agree you were on to the scam before i was. bit again i say it came from hope for better for family & self. since the only 1 left from those days is legel (not nickname back then) to say "i told you so" is not right
Posted by glassman on :
anybody check out the response at CT?
Posted by Wallace#1 on :
quote:Originally posted by glassman: anybody check out the response at CT?
That would be interesting. How about it, legal?
Posted by bill1352 on :
i too wish a few from mid 2004 would show their faces. they brought god, hungry kids, helping the poor & every kind of human emotion into this thread. they keep saying how they did their DD & knew they were right. they called every person that disagreed every kind of trash they could. they disparaged family & wives. i'll bet some never bought 1 share but were part of the scheme. soon after the 400 billion o/s leaked they were gone saying they didn't like negitive vibes from here. they called on allstocks to close the paid bashers down. when that didn't happen they left allstocks all together. to them i say you got what you deserved & the salt will be rubbed in soon. fortunitly over the last bunch of months some that hoped & believed all would work out they way they wanted were all that were left in here on the positive side. its been fun going back & forth & i hate to see it end in the near future.
Posted by will on :
I haven't and won't. By this time I am sure they have shed the shock of being suspended, and have escalated it into a reason for celebration, much as sterling has done. That is their trademark, to take something totally negative and make it seem wonderful. It's easily done by assigning CMKX to a separate class, and saying it does not fit ABC model. How the heck can a suspension point to good things? They will just say that generally accepted practices, customary actions and results don't apply to CMKX. You see they have SUPER POWERS. They can negotiate freely with, and are feared by regulatory agencies. They just don't fit the mold. It's amazing how they lure through misleading with induendo, with hope, linkage to Christianity, the good works that they will acclomplish when their ship comes in. They take the unreal and tie it to things people can identify with. The sad thing is all the folks they misled and hurt with their unwillingness to see reality. If you challenged them and they couldn't explain or logically prove their position you were dimissed with ridecule. You were mocked, and told you didn't have the capacity to understand this complicated play. That you found negatives where there weren't any. That you simply were a malcontent, and complained incessantly.
quote:Originally posted by glassman: anybody check out the response at CT?
Posted by Wallace#1 on :
Bill wrote: "They brought god, hungry kids, helping the poor & every kind of human emotion into this thread."
Bill, if you remember, I also disagreed with doing that. I just felt that those things had nothing to do with making an intelligent decision as to buying/selling a stock. Believe what you may and do what you will but do not innundate others with those beliefs.
Posted by dwman on :
quote:Originally posted by will: I haven't and won't. By this time I am sure they have shed the shock of being suspended, and have escalated it into a reason for celebration, much as sterling has done. That is their trademark, to take something totally negative and make it seem wonderful. It's easily done by assigning CMKX to a separate class, and saying it does not fit ABC model. How the heck can a suspension point to good things? They will just say that generally accepted practices, customary actions and results don't apply to CMKX. You see they have SUPER POWERS. They can negotiate freely with, and are feared by regulatory agencies. They just don't fit the mold. It's amazing how they lure through misleading with induendo, with hope, linkage to Christianity, the good works that they will acclomplish when their ship comes in. They take the unreal and tie it to things people can identify with. The sad thing is all the folks they misled and hurt with their unwillingness to see reality. If you challenged them and they couldn't explain or logically prove their position you were dimissed with ridecule. You were mocked, and told you didn't have the capacity to understand this complicated play. That you found negatives where there weren't any. That you simply were a malcontent, and complained incessantly.
[QUOTE]Originally posted by glassman: anybody check out the response at CT?
[/QUOTe
Will, I am a moderator on CT. At this very moment, membership on Christian Traders totals 1220. Your comment does not reflect my feelings, nor do I believe it is representative of the vast majority of Christians on the board. Cristians sin like everyone else in the world. Hopefully, you will run into enough Christians who do not take those views that you expressed. I only ask one thing of you. You are outstanding at DD and analysis. Please do me a favor and look just as objectively at us Christians. I think you will be surprised if you can get past the handful who have been insensitive. You are a good man will.
Posted by will on :
.....and that's the shame of it Wallace. If you disagreed besides being mocked and rediculed, you were made to feel like an anti-Christ. They sullied you and your logic with the induendo that you were anti-Christian. They never said it but the allusion was there. They used it to discredit your logic and dismiss your position.
quote:Originally posted by Wallace#1: Bill wrote: "They brought god, hungry kids, helping the poor & every kind of human emotion into this thread."
Bill, if you remember, I also disagreed with doing that. I just felt that those things had nothing to do with making an intelligent decision as to buying/selling a stock. Believe what you may and do what you will but do not innundate others with those beliefs.
Posted by bill1352 on :
wallace i agree with you what they did was wrong in every sence.
DW.. believe me when i say for myself & i'm sure the others we do not consider those involved as christian. many of those insulted are christian & do know the differance.
Posted by dwman on :
Boy,will, the last thing I want to do is preach to you so please indulge me while I tell you a true story. As a meteorologist I once blew a forecast that resulted in a tornado going through a small town destroying several mobil homes and causing lots of injuries. My boss said some pretty harsh things to me. Later, the meteorology department at Oklahoma University said that the event could not have been fortold. It occurred in December and a vital upper air report out of Mexico was missing. Nobody could have foreseen tornadoes later in the day. I harbored bitterness toward my boss for two years until one day I turned it over to God through prayer. Today, that man is a good friend. Turn it loose will.
Posted by Highwaychild on :
One things for sure, CMKX needs all the help it can get now.Probably God, lawyers, judges, politicians, the SEC, and maybe one or ninety nine more I left out.
So what all you guys were saying was... that CMKX is a risky stock?
Posted by Penny-Trader on :
this is a very possitive move. the SEC has steped in anc haulted the trading. this is almost the best thing that could happen to this company. because now the company can have a fresh start.
there is only one other thing that could be better for us. It Urban was to get arrested ant thrown in jail for stock fraude inbesselment and the company goes bankrupt. If that happens this thing is going to be great.
now that is how stupid you sound when you talk about the SEC suspending or haulting the strading of this stock as a very possitive thing.
lol
man o man. i have seen everythign now.
hey maybe we can trade the CMKX shares underground, as these are going to sky rocket soon. these baby are going to be trading with Pot hash and heroin in the back allies.
lol
Rod
Posted by dwman on :
quote:Originally posted by Highwaychild: One things for, sure CMKX needs all the help it can get now.Probably God, lawyers, judges, politicians, the SEC, and maybe one or ninety nine more I left out.
So what all you guys were saying was... that CMKX is a risky stock?
Thanks Highway for bringing it back down a notch.
Posted by mydogsky on :
wow...a lot of angry people venting tonight. I am glad this is finally dead.
"Yes, I am sorry so many lost so much! That has nothing to do with the fact that I TOLD YOU SO many, many times in the past. It is not because people lost money that others may be gloating, but because they now appear to be vindicated as having been correct in their opinions."
Gloating for any reason isn't considered an adult reaction to a situation. I saw how you were attacked last year, you stated your opionions, seems you were right...move on. Be the bigger man. This CMKX crap takes up to much of the board as it is...lets all just let it RIP.
For all those others who lost money, be it $100 or $10000, learn from your mistakes, save up some more playing money and go find yourself a 5 bagger and go get drunk from your profit. In 30-40 years you will have one extra story to tell your grand children..."I remember once, when i was young, not much older than you in fact, when I came across this company called CMKX..."
RIP CMKX.
Posted by Ric on :
"unlawful distribution of its securities"
This highlighted part of the notice I think says volumes to the investigation at hand. You tell me how often a temporary suspension notice uses unlawful in its description of a companies activities. I would be scared, very scared.
Ric
Posted by will on :
dw, I would allow you to preach to me, because I know I would be getting good advice. I will not say another word regarding past insults made by a few. DONE
quote:Originally posted by dwman: Boy,will, the last thing I want to do is preach to you so please indulge me while I tell you a true story. As a meteorologist I once blew a forecast that resulted in a tornado going through a small town destroying several mobil homes and causing lots of injuries. My boss said some pretty harsh things to me. Later, the meteorology department at Oklahoma University said that the event could not have been fortold. It occurred in December and a vital upper air report out of Mexico was missing. Nobody could have foreseen tornadoes later in the day. I harbored bitterness toward my boss for two years until one day I turned it over to God through prayer. Today, that man is a good friend. Turn it loose will.
Posted by Newpaper on :
I have been reading this post over the months and really enjoyed it. I mostly enjoyed the skeptical members that didn’t share the same positive outlook as most did. They were the most entertaining and clearly more intuitive regarding the demise of this stock.
It was the skeptical posts that made me search for answers and found that the defiant ones had credence to their claims. I thank God for the ones that verbally rebelled against this stock. They are the reason I sold all my shares before the halt.
The wisdom I have gain through this loss is to welcome the ones that are abrasive and cynical about a certain investments. In light of it all, it seems they were just trying to help us all. Good luck to everyone with this one and future endeavors.
Posted by dwman on :
Will, you give me too much credit. Believe it or not, I have placed alot of value on what you have had to say over the past year. Keep on keeping us honest with this stock.
Man this stock is gonna fly. I figure IPO on 17th at 60 bucks a share. ooops.... there I go again. Let's try opening on 17th at .0001.
Thanks for the kind words, will.
Posted by dwman on :
Newspaper, you are reading them right.
Posted by Highwaychild on :
quote:Originally posted by Ric: "unlawful distribution of its securities"
Ric
Uh,UUmmm.Rick,this is CMKX. Unlawful isn't even a strong enough word as to how securities has probably been in distribution.After USCA got off their suspension, guess what list they been on?Well what do you know... they're on there now... http://www.nasdaqtrader.com/aspx/regsho.aspx
Could be they got to bring em down to cover up the mess.
Posted by Wallace#1 on :
[QUOTE]Originally posted by Highwaychild: [QB] One things for sure, CMKX needs all the help it can get now.Probably God, lawyers, judges, politicians, the SEC, and maybe one or ninety nine more I left out.
Hwy, I must agree with dwman. Very well said!!
Posted by Wallace#1 on :
Hell, I'm going back to playing Texas Hold'em. Leave it to those damn Texans to figure out a game where you can get drowned by a river.
Posted by dwman on :
LOL LOL LOL Wallace you rascal. I am an Okie. Just transplanted to Texas.
Posted by dwman on :
Well, I got all the cows milked. The kindling wood is soaking in kerosene for the fire in the morning. The whipporwill is telling me it is bed time. Almost a full moon out tonight. Food on the table. Clothes on my back. A wonderful wife. Three fantastic grandsons and one on the way. God is good. Goodnight all.
Posted by Dustoff101 on :
Wallace..I came in here as a johnny come lately with some very foolish posts and yes some were weird at best.However some were funny and deserved a laugh or two. With that said ,I have lost money like so many others.With your experience on Wall street,I have one question,do you see any felonies committed here? If so will anyone be prosecuted? Do you think Spitzer might want to make an example out of these midnight cowboys.
Posted by Wallace#1 on :
Dusty,
Hell, if I could be in their shoes and know what they have been doing I would be able to answer your question re felonies. I am not and no amount of experience can definitively answer that question right now. I can only say that nothing about CMKX, UC and cohorts, or associated companies made a whole lot of sense to me from a risk point of view.....even at the lowest or highest pps where CMKX has traded. Frankly, the scales were very much unbalanced (on the down side) throughout....and I mean facts, not potential or hope.
As to Spitzer, again, I do not know. I truly would like to see this kind of thing cleaned up. It is not good for the market in general. I am a realist though, and would guess he would rather get involved with something much bigger in the news. He's out for higher goals....probably politics. The people hurt here are just too unimportant.
Posted by Wallace#1 on :
dwman wrote: "Almost a full moon out tonight. Food on the table. Clothes on my back. A wonderful wife. Three fantastic grandsons and one on the way. God is good. Goodnight all." **********************************
dwman, your God must be very special and I am glad He brought you to this thread so I could have the privilege of saying "I AM YOUR FRIEND".
Good night.
Posted by Upside on :
I'll second that.
Posted by Dustoff101 on :
Wallace..Well,then this turkey is cooked. As to your speculation about Spitzer,I agree.Just think ,Hillary and Spitzer in 08 now that's going to be thread of all time.Thanks for the exellant anwser to my inquiry.
Winston Churchill said we start out in are youth as liberal then at about 30 we grow up and become conserveative......
Posted by boised on :
quote:Originally posted by Highwaychild: One things for sure, CMKX needs all the help it can get now.Probably God, lawyers, judges, politicians, the SEC, and maybe one or ninety nine more I left out.
So what all you guys were saying was... that CMKX is a risky stock?
no that cmkx was a stupid stock with a track record to prove it long before the stock fell to .0001 ie circa June 2004. Jeeze a company misleads on a PR about diamond sizes and rather just pumps more promotional items out and you think all is well... enjoy losing your money you deserve it
Posted by agrimac on :
CMKM Diamonds, Inc. (BB: CMKX)
“Can you feel the tide turning?”
The staff at The Green Baron Report sometimes sympathizes with our loyal members, particularly those that have purchased our focus stock pick CMKM Diamonds at some point over the last six plus months that we have covered it as a home page selection. We sympathize because although the Company has paid three stock dividends, these dividend stocks currently have no value because either they are not public yet or are restricted from being sold. We sympathize because although the stock appears to have more buyers than sellers day in and day out, the price has not ticked higher in nearly seven months. We sympathize because the Company has kept its most vital information like share structure, valuation, and drilling reports a secret for all this time. We sympathize because some people accept the constant negativity from bashers as truth and remain unconvinced and confused as to the real story.
For those that have been loyal shareholders of CMKM Diamonds and active followers of the supportive articles and analysis from The Green Baron Report, we sympathize with you for all those reasons, but we ADMIRE you for similar reasons! We ADMIRE you for holding three dividends that we believe will be worth many times your original investment. We ADMIRE those of you who continue to add to your positions at lower prices because we believe each buy now will make you many times your investment. We ADMIRE you because we think your patience in waiting for answers of share structure, valuation, and drilling reports will be rewarded any day. We ADMIRE you for standing up to those mindless bullies who manage to find more time trying to bash a stock trading at .0001 by .0002 than doing anything else.
We are pleased that newly appointed CMKX Co-chairman Mr. Bob Maheu appears to be the kind of man we have recently spoken about and more. His interview on 60 minutes last Sunday regarding unrelated matters certainly made clear that Mr. Maheu still has all his faculties present despite what the nay-sayers try to claim. His age seems to be no problem with the DKE Club of New York, as Mr. Maheu has been invited to be the guest speaker for its 119th Annual Business Meeting on Wednesday, April 20, 2005. For more information, please visit www.dkeclubny.com/maheu.html. We found it quite interesting in the announcement invitation that during Mr. Mahue’s tenure “he never lost a case before any regulatory body, or any state, county, city or zoning commission”. Not bad for a “greybeard”. If his involvement with CMKX has similar results, we all should have nothing to worry about.
There are rampant rumors that disclosure by the transfer agent of the current outstanding number of shares is finally close at hand. Although we believe this rumor is accurate, don’t be surprised if it still takes a little more time to get this information. Since bashers have made it crystal clear that the number of outstanding shares is at least 779 billion, we figure that any number less than 779 billion should be hugely beneficial to the stock price. If the number is less than 500 billion, we view this as a major positive. If it is a great deal less than that, we feel this will be a year to remember in CMKX stock, and prove us correct that CMKX is “The Stock Play of a Lifetime”.
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Posted by Dustoff101 on :
Wallace..there are now financial judgements against individual members on the board of directors of companys as high as 20% of the directors net assets. The director may not be involved in any criminal act or negligence, there is examples of these judgements already on the books. IMHO these judgements are political in nature and not good for the future health of corporate America .[kudlow] and I strongly agree. Individuals of any standing or wealth may be damn foolish to submitt to the great risk associated with having a position as a director.
My question is this ,why would this man who worked for Howard Hughes submitt himself to such a high degree of risk.It is just something else I ponder about this never ending drama.
Posted by Dustoff101 on :
Boozy...your continual bashing of my handle is really becoming quite amusing as well as a little disturbing. Maybe you should find a girlfriend and quit wack wack wack ing so much.You will LEARN the female body is far better to have sex with than your own.
Posted by bill1352 on :
we folks over the last 6 months i'd have to say Allstocks has been the best place for a cmkx thread. we got the fantasy posts from other sites posted thanks to legel (a.k.a. many other names from past) we got prime examples of paid bashing from will, upside, wallace, ric & others, we had those with realistic hope like DW, cashcow to name a few. all in all we had fun once the cmkx cult left (except legel). we have a bit over a week before cmkx trades again if they do so those that hold shares get ready to sell because that pps will go down fast...oh ya it is down...forget that get ready to sell line. i'm thinking EBAY, paper shares of the biggest o/s in wall street history, got to be worth more then a stick of gum. maybe instead we can tell our grandchildren about being part of the biggest unheard of stock scam in history, thats got to be worth something...lol
Posted by Highwaychild on :
I have enjoyed it Boozy!Very much.
Posted by boised on :
quote:Originally posted by Dustoff101: Boozy...your continual bashing of my handle is really becoming quite amusing as well as a little disturbing. Maybe you should find a girlfriend and quit wack wack wack ing so much.You will LEARN the female body is far better to have sex with than your own.
Silence clown.. go pick another winner.
Posted by dwman on :
quote:Originally posted by Wallace#1: wallace wrote: "I AM YOUR FRIEND".
Good night.
And I am blessed because of friends I've made here like you, upside, bill, will, doc, boised, cashcow, and i hope penny, legal, and others.
A funny side note... Yesterday, I said "the moon is almost full". Nobody caught that. lol Actually has already been full and is a waining gibbus. Glad we don't have any astronomers on the board. LOL
Posted by dwman on :
Okay.... be honest. Who went to the dictionary because of my last post. Posted by Doctoall on :
My E-trade account is now showing the CMKX stock as # 125809103 with a value at 0.0002. However under the symbol of CMKX it is showing nothing at all.
Does anyone else see that with their E-trade.
Posted by dwman on :
quote:Originally posted by dwman: [QUOTE]Actually has already been full and is a waining gibbus. Glad we don't have any astronomers on the board. LOL
OOOPS... that should be "Glad we don't have no astronomers on the board". LOL
Posted by boised on :
dwman What's texas like? I'm moving to Tomball Texas this weekend for a new job. It's at a data center outside Houston. Is it all flat lands, woody as I'm debating if it is worth bringing my Mountain Bike and Longboard skateboard
Posted by Upside on :
Originally posted by dwman:
quote:Okay.... be honest. Who went to the dictionary because of my last post.
whipporwill s/b whippoorwill.
Posted by dwman on :
OH THANK YOU BOISED>>>>> Never ask a Texan about Texas. LOL It has anything you want. North texas, Dallas/Ft. Worth area, has gently rolling plains and mix of wooded and rangeland. Where you will be is highly industrial (for Texas). Southwest Texas has the Big Bend National Park that includes the Davis mountains. I'm not sure if you can use your mountain bike there but I bet there are places where you can. East Texas is called the Piny woods. Lots of pines and dogwood trees and the dogwoods will be in bloom before long (probably another couple of weeks). Eastern Oklahoma where I was born, has mountains (hills) that are about 2500 ft high. Don't know where you are coming from but I bet you will like it here. Good luck with the new job.
Posted by dwman on :
quote:Originally posted by Upside: Originally posted by dwman:
quote:Okay.... be honest. Who went to the dictionary because of my last post.
whipporwill s/b whippoorwill.
Upside you sorry rascal. You caught me but that is not the post to which I referred. I was talking about the waning gibbous which I intentionally misspelled but I guess wallace is still in bed. lol.
Posted by xj-ken on :
quote:Originally posted by Doctoall: My E-trade account is now showing the CMKX stock as # 125809103 with a value at 0.0002. However under the symbol of CMKX it is showing nothing at all.
Does anyone else see that with their E-trade.
I have the same. Whats with that? Also, It depends on how long you've had cmkx...but do you have like 4 other numbers just sitting in your portfolio?? They're annoying as hell, I want to get rid of all this crap to clean up my portfolio.
Posted by Dustoff101 on :
Boised.....silence?..clown?now thats much better you will learn in texas the rodeo clown is highly respected but watch out for the republicans you may learn from them.In another life I worked the offshore oil fields in the gulf.Good people down there.I have a good winner go gtel.
Posted by legaleagle on :
CMKX: "Reports of My Death Have Been Greatly Exaggerated" Posted by Pennytrade on :
My broker says that it is not sure that Cmx is coming back after the 16!
Posted by Dustoff101 on :
..How do say[ cooked goose ]in German.
Posted by dwman on :
Gekochte Gans
Posted by litesj on :
Doc - My etrade says the same thing. It actually has value today vs yesterday when it was 0.000.
Posted by dwman on :
That may not be right. I had three courses in German at UT but that was nearly a hundred years ago.
Posted by Dustoff101 on :
My ...dictinary saws cook the[ damn gander down yander...]
Posted by Dustoff101 on :
..IN..GERMAN..
Posted by mdec on :
Wallace#1 and Will
I'm gleefully happy that you have been vindicated in your persistent and obstinate opinions. Good Job!
Newspaper's exemplar post expresses my views. Thanks Newspaper.
Marc
Posted by glassman on :
guys.... this is not healthy... 7 pages on a halted stock at .00000001?
have a funeral and move on...
Posted by mdec on :
RE: " Newpaper's post " instead of " Newspaper's post " in my post to Wallace#1 and Will.
Posted by ya ya on :
agree 100% with Glassman,Time to move on nothing with this stock is going to happen for a while.So in the mean time go make some money on another penny stock and good luck.Let me know if there is a good stock with low O/S and float
Posted by Highwaychild on :
quote:Originally posted by glassman: guys.... this is not healthy... 7 pages on a halted stock at .00000001?
have a funeral and move on...
I hear the visitation isn't untill March 17th. The funeral isn't supposed to be till the 19th.
To be held at Ed's Sports Card Shop...
Posted by Dustoff101 on :
...This... is just a good old fashioned Irish Wake with[ cooked goose ]German style.
Posted by Highwaychild on :
Dustoff101,LOL! I have a wee bit of Irish in my blood, and I could for sure use a drink after... all this.LOL Whiskey's on me!
[ March 04, 2005, 13:28: Message edited by: Highwaychild ]
Posted by vman on :
things are lookin up! Screw CMKX lol (jk, I still would want it), I might actually get a job!
Posted by Dustoff101 on :
Vman...I have a wee bit of Irish blood in me also some might say I have a wee bit of the blarney as well.The wife and I may grab some high dessert time this weekend, might even stop and have a few at a roudy little Bar I know out there.
Posted by Dustoff101 on :
Vman...I have a wee bit of Irish blood in me also some might say I have a wee bit of the blarney as well.The wife and I may grab some high dessert time this weekend, might even stop and have a few at a roudy little Bar I know out there.
After all I have all this CMKX GEMM CMKM USCA GEMM money to spend.
Posted by ed19363 on :
quote:Originally posted by Highwaychild:
quote:Originally posted by glassman: guys.... this is not healthy... 7 pages on a halted stock at .00000001?
have a funeral and move on...
I hear the visitation isn't untill March 17th. The funeral isn't supposed to be till the 19th.
To be held at Ed's Sports Card Shop...
Hey, dont all you guys disappear. Poor CMKX wont have anybody at the funeral but us, you know.
Posted by Ric on :
Com'on Glass, your even having fun with this. I just love watching a death that some won't believe and others are screaming I told you so. Soap Opera kind of stuff.
Posted by bill1352 on :
1 day we hear the t/a is ready to announce the o/s. the next trading is suspended. ya think cmkx turned the o/s in? last report it was in the hundreds of millions & 2 yrs later its 100's of billions. SEC see's the o/s & has fit. can you see the face of the guy first seeing the o/s??? that pic would be worth bucks. maybe cmkx will turn into a good thing for pinks & us. maybe the SEC will get the idea just how bad companies dilute the market & start holding them accountable. then again maybe CMKX will be $1 by April first...lol
Posted by Ric on :
Pink Sheets have to answer a few questions each year just ask USCI. So why can't the SEC require the O/S be published ever so often. All these people claiming to write the SEC should be more constructive and be emailing SEC, their Senator, and their Congressmen to change the law requiring all publicly traded companies to report at least the minimum information on a company such as share structure. Only a huge voice can make a difference. Shoot if every CMKX investor only sent them they would be overwhelmed.
Posted by Dustoff101 on :
HIGHWAY.....I SCREWED UP TRYING TO EDIT MY POST man......I am going to the dessert for sure now.....I will buy you a drink DANIELS and not that new funny stuff.Then I WILL DRINK IT.
Posted by vman on :
quote:Originally posted by Dustoff101: Vman...I have a wee bit of Irish blood in me also some might say I have a wee bit of the blarney as well.The wife and I may grab some high dessert time this weekend, might even stop and have a few at a roudy little Bar I know out there.
After all I have all this CMKX GEMM CMKM USCA GEMM money to spend.
sorry, just curious but why is this directed at me? lol
Posted by Dustoff101 on :
VMAN....I meant to send it to HIGHWAY misfired when I tryed to edit it.
Posted by vman on :
quote:Originally posted by Dustoff101: VMAN....I meant to send it to HIGHWAY misfired when I tryed to edit it.
lol, ok I thought I was in Texas for a minute there
Posted by Dustoff101 on :
..HIGHWAYMAN....WOOOPPS...I sent my reply to you to VMAN
Posted by GoldieStox on :
So who is starting the class-action lawsuit? I'm in.
Posted by ed19363 on :
Anybody wanna buy stock in a sports card company??? ROFL
Posted by bill1352 on :
why make lawyers rich goldie. for a .0001 stock?? its cheaper & easier to just claim the loss on your taxes next yr
Posted by Wallace#1 on :
quote:Originally posted by dwman: Okay.... be honest. Who went to the dictionary because of my last post.
I did!! And I did notice the bit about the moon. I was going to say something about Dracula, but it did not fit with the post I made at the time. HA!
Posted by Wallace#1 on :
Hey, Glass, I can still do two things at once. Therefore, I can continue to participate in CMKX conversations.
Posted by Wallace#1 on :
Hey, Glass, I can still do two things at once. Therefore, I can continue to participate in CMKX conversations. LOL
Posted by Bottomliner on :
Slightly off-topic, but I am curious:
Has anyone here EVER benefitted from being part of a class action lawsuit due to losses suffered when a stock tanked?
Unfortunately, I have been included in several of these lawsuits. After spending considerable time submitting the required documents to prove my claim, I have waited years to learn I would get nothing.
Sometimes I got nothing because I "did not suffer" a net loss. This was because I made money on early trades, then lost money on the later trades (the trades affected by the company's fraud). The courts said overall I was not injured.
Sometimes I got nothing because the settlement, after lawyer fees and expenses, amounted to nil for the people actually injured by the company's fraud.
So, based on my experiences, I have to agree with Bill1352. The stockholder usually gets nothing from the action, but the lawyers and accountants and other expert witnesses in the trials get rich.
Anyone else have a story to tell about class action shareholder lawsuits?
Posted by Peaser01 on :
quote:Originally posted by Highwaychild:
quote:Originally posted by glassman: guys.... this is not healthy... 7 pages on a halted stock at .00000001?
have a funeral and move on...
I hear the visitation isn't untill March 17th. The funeral isn't supposed to be till the 19th.
To be held at Ed's Sports Card Shop...
The funny thing about this is that here in Binghamton, NY, We have an Ed's Sports Cards and More Store. Not that anyone cares; however I got a chuckle from it.
Posted by Upside on :
Originally posted by Bottomliner:
quote:Has anyone here EVER benefitted from being part of a class action lawsuit due to losses suffered when a stock tanked?
I've been in a handful of them and the only one where I got anything at all back was from a suit against Genentech many, many years ago. Waited about 2 years and finally got a check in the mail for 3 dollars and some odd cents.
Posted by Bottomliner on :
Thanks, Upside. I wonder how much the class action lawyers got? LOL.
Posted by legaleagle on :
CMKM Diamonds Comments on Temporary Trading Suspension
LAS VEGAS--(BUSINESS WIRE)--March 4, 2005--Commencing at 9:30 a.m. EST yesterday, trading of the common stock of CMKM Diamonds Inc. (Pink Sheets:CMKX) was temporarily suspended by the Securities and Exchange Commission ("SEC"). This temporary suspension will expire on March 16 at 11:59 p.m. EST and trading in CMKX is anticipated to resume on March 17, 2005.
In its reasoning, the SEC stated it had concerns over the adequacy of publicly available information concerning CMKX's assets and liabilities, mining and other business activities, share structure and stock issuances, and corporate management. Further, the SEC was concerned that CMKX may have unjustifiably relied on a Form S-8, filed in May 2003, to issue unrestricted securities and that CMKX and/or certain of its stockholders may have unjustifiably relied on Rule 144(k) of the 33 Act in conducting an unlawful distribution of its securities that failed to comply with the resale restrictions of Rules 144 and 145 of the Securities Act.
CMKX has been in discussions with the SEC in relation to the SEC's inquiry into another public company that has done business with CMKX. In this process, CMKX has provided the SEC with substantial documentation, much of which spans back to transactions and stock issuances in 2002. It is believed some of the information provided raised concerns with the SEC sufficient enough to cause this temporary suspension of trading. CMKX anticipates a formal request for documents to be issued by the SEC in the near future.
"The SEC did not provide us with any notice of the temporary trading halt," stated Urban Casavant, CEO of CMKX. "This was an unwelcome surprise, especially since our counsel has had ongoing dialogue with the SEC."
According to the SEC's Web site, www.sec.gov, "The primary mission of the SEC is to protect investors and maintain the integrity of the securities markets." Consistent with this mission, Casavant specifically engaged Robert A. Maheu to assist CMKX in its compliance efforts. "Like the SEC, protecting our investors is a primary concern. We have been aggressively gathering the essential information needed to comply with our public disclosure obligations and anticipate working with the SEC to ensure our compliance with all federal regulations," stated Maheu, co-chairman of CMKX.
"We are not letting these regulatory matters impede our primary focus of creating stockholder value through the mining and development of our mineral assets," stated Maheu. CMKX is continuing to search for additional property claims in Canada and monitor its holdings in Ecuador.
On Feb. 17, 2005, CMKX filed an amended Form 15 to reinstate its reporting obligations under the 34 Act. SEC regulations require CMKX to file, within 60 days after the date of the filing of the amended Form 15, all reports which would have been required had the original Form 15 not been filed. CMKX has not been provided a waiver, "variance" or any other relief by the SEC for complying with the 60-day requirement. In fact, due to the overwhelming number of reports that need to be filed, coupled with the necessary financial statement preparation, CMKX will not be able to comply with the 60-day requirement. Management does not believe the filing of the amended Form 15 had anything to do with the SEC's decision to temporarily suspend trading in its common stock and continues to aggressively do everything within its power to comply with its 34 Act reporting requirements.
With its reporting status reinstated, CMKX anticipates filing a number of significant corporate updates with the SEC in the upcoming weeks on Form 8-K. Investors and stockholders are encouraged to review these forms as they become available through the SEC's EDGAR database.
The SEC's Web site further discloses, "The laws and rules that govern the securities industry in the United States derive from a simple and straightforward concept: all investors, whether large institutions or private individuals, should have access to certain basic facts about an investment prior to buying it." Casavant reiterated, "We understand the importance of supplying accurate information to the public and have made it our top priority to uncompromisingly disclose all material corporate information as soon as it becomes available."
Consistent with CMKX's continuing efforts to furnish the investing public and its stockholders with current information and to quell any inaccurate rumors, CMKX has disclosed certain corporate information pertaining to its operations and corporate structure. Of the 800 billion authorized shares of common stock, CMKX currently has 703,518,875,000 shares of common stock issued and outstanding to approximately 2,032 stockholders of record (excluding shares held in "street name"). In addition, effective March 1, 2005, CMKX has relocated its executive office address to 5375 Procyon St., Suite 101, Las Vegas, NV. Lastly, CMKX's current officer is Urban Casavant (CEO/President/Secretary/Treasurer) and current directors are Urban Casavant and Robert A. Maheu (Michael Williams will join the board of directors upon CMKX's obtainment of D&O insurance).
Investors and stockholders are being asked to please refrain from contacting the company, the SEC, NASD, the Transfer Agent and/or Stoecklein Law Group to allow them to focus on completing the tasks at hand. All corporate updates will be made in press releases and filed in current reports on Form 8-K as they become available.
CMKX also would like to repeat the SEC's statement of, "At the heart of effective investor protection is an educated and careful investor" and encourage its stockholders and other investors to visit the SEC's Web site (www.sec.gov), which offers the public a wealth of educational information.
Forward-Looking Statements
This press release may contain statements that constitute "forward-looking statements" as defined under U.S. federal securities laws describing the reinstatement of CMKX's reporting obligations and the expected impact of these obligations on CMKX's operations. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "establish," "project" and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are based on current expectations and assumptions that are subject to certain risks and uncertainties that could cause actual results to differ materially from CMKX's historical experience and its projections. Such forward-looking statements are inherently uncertain, and actual results may differ from those expressed or implied in the forward-looking statements. Consequently, readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date they are made.
CMKX's actual results could differ materially from such forward-looking statements because of factors such as: impact of the temporary halt in trading on CMKX's stock price; impact of the halt on CMKX's operations; uncertain further regulatory scrutiny; the current state of operations; unavailability of documentation and corporate records; changes in the number of outstanding shares of common stock and number of stockholders of record; the impact of failing to meet the 60-day filing requirement; timing necessary to comply with reporting requirements; lack of adequate internal controls; unforeseen capital deficiencies; unavailability of insurance; changes in the mining and metals environment, including actions of competitors; the effectiveness of CMKX's development and drilling programs; regulatory and legal changes; and other risks associated with companies in similar industries. CMKX undertakes no obligation to publicly update or revise any forward-looking statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Contacts
CMKM Diamonds Inc. Andrew Hill, 306-752-3755 or 877-752-3755 cmkxir@mail.casavantmining.com
Posted by TruthTeller on :
This is a looong PR (as big as 800B A/S lol )
But CMKX doesn't seem like backing down.. GLTA
Posted by Ric on :
I guess Bill was very close to being right. I didn't even think the O/S was that high. And pumpers said we would be pleasantly surprised, lol.
703,518,875,000 shares of common stock issued and outstanding to approximately 2,032 stockholders of record (excluding shares held in "street name"). In addition, effective March 1, 2005,
Posted by Ric on :
Backdown, roflmao. 703 BILLION O/S. Back down. Thats a laugh. WOW.
Posted by boised on :
D E A D
Consistent with CMKX's continuing efforts to furnish the investing public and its stockholders with current information and to quell any inaccurate rumors, CMKX has disclosed certain corporate information pertaining to its operations and corporate structure. Of the 800 billion authorized shares of common stock, CMKX currently has 703,518,875,000 shares of common stock issued and outstanding to approximately 2,032 stockholders of record (excluding shares held in "street name"). In addition, effective March 1, 2005, CMKX has relocated its executive office address to 5375 Procyon St., Suite 101, Las Vegas, NV. Lastly, CMKX's current officer is Urban Casavant (CEO/President/Secretary/Treasurer) and current directors are Urban Casavant and Robert A. Maheu (Michael Williams will join the board of directors upon CMKX's obtainment of D&O insurance)
Posted by TruthTeller on :
"CMKX has been in discussions with the SEC in relation to the SEC's inquiry into another public company that has done business with CMKX. In this process, CMKX has provided the SEC with substantial documentation, much of which spans back to transactions and stock issuances in 2002. It is believed some of the information provided raised concerns with the SEC sufficient enough to cause this temporary suspension of trading. CMKX anticipates a formal request for documents to be issued by the SEC in the near future."
Posted by legaleagle on :
There is a big difference between "OS" and "Float". Looks like we have to "stand-by" once again.
Posted by TruthTeller on :
WOW..703B??
I wonder what happened to the remaining 97B? Posted by boised on :
quote:Originally posted by legaleagle: There is a big difference between "OS" and "Float". Looks like we have to "stand-by" once again.
Piss off idiot "703,518,875,000 shares of common stock issued and outstanding" D E A D
Posted by Ric on :
Unreal, O/S vs float. Doesn't matter as far as market cap is concerned. You have to believe that they, owner management, own more then 50% so they don't have to get our permission to dilute but other then that its all float. Were do you think they paid for that funny car anyway. Get a life here. Its over. No one will invest again in this with a O/S that high.
Ric
Posted by TruthTeller on :
CMKX also would like to repeat the SEC's statement of, "At the heart of effective investor protection is an educated and careful investor" and encourage its stockholders and other investors to visit the SEC's Web site (www.sec.gov), which offers the public a wealth of educational information.
lol
Posted by boised on :
LOL Urban == scum bag to the end isn't it odd for UC to say don't contact the SEC when the SEC included an email specifically for stockholders to contact them.
R U N H I D E U R B A N A N D E N J O Y T H E F U N N Y C A R Y O U S C U M B A G P R I C K
Posted by Upside on :
Ok, I've refrained from saying anything here since the suspension began but 703 billion is an overwhelming number. There's going to be numerous positive theories that crop up in the next few days but I take both the suspension and the o/s at face value. In my opinion they are under investigation for exactly the reasons the SEC stated and the 703 billion is the amount of shares that you, I, and all the other investors hold, that's "the float". Didn't want to believe it but there it is. Now I agree with Glassman, time to move on.
Posted by legaleagle on :
quote:Originally posted by boised:
quote:Originally posted by legaleagle: There is a big difference between "OS" and "Float". Looks like we have to "stand-by" once again.
Piss off idiot "703,518,875,000 shares of common stock issued and outstanding" D E A D
Another "intelligent" response boised. Perhaps if you did a little DD you would know that Urban has been buying back shares for quite some time. There is no note in this PR as to the size of the float, nor to the number of restricted shares in that number. I think it is relatively easy to see that Bob Maheu has no problem with grabbing the SEC by the throat and spitting in their eye. Not too many people guilty of a "scam" would do that.
Posted by boised on :
So whats the next play? GTEL? I've been making some nice change off of swing trading of the MCAD lines.
Posted by Ric on :
I can't believe someone could turn this into something good. How funny. Share the koolaide there. This O/S was as of March 1st 2005. What buyback!
Posted by TruthTeller on :
UC's masterplan is to release the O/S info during the suspnesion so that nobody can sell Posted by Doctoall on :
Well at least they released a statement to keep the shareholders informed.
[ March 04, 2005, 19:16: Message edited by: Doctoall ]
Posted by TruthTeller on :
Doc, You are lil late. I guess we can use your post (PR) for this page.
Posted by Doctoall on :
Consistent with CMKX's continuing efforts to furnish the investing public and its stockholders with current information and to quell any inaccurate rumors, CMKX has disclosed certain corporate information pertaining to its operations and corporate structure. Of the 800 billion authorized shares of common stock, CMKX currently has 703,518,875,000 shares of common stock issued and outstanding to approximately 2,032 stockholders of record (excluding shares
Posted by Doctoall on :
quote:Originally posted by TruthTeller: Doc, You are lil late. I guess we can use your post (PR) for this page.
Yep I should have gone back a page of two oh well it was worth repeating.
Posted by Marty on :
Holy carp....how is this kinda' stuff even legal....WOW....sorry to all who were in this....
Posted by boised on :
quote:Originally posted by Doctoall:
quote:Originally posted by TruthTeller: Doc, You are lil late. I guess we can use your post (PR) for this page.
Yep I should have gone back a page of two oh well it was worth repeating.
I think it needs to be pasted 2-3 more time to fully comprehend that number. Sooo what's Urban going to do at the drag races??? He flat out lied about retiring shares on top of all the other crap about geologists eyes lighting up. This is going to be bad for JVs also as Urban falsely pumped them with statements like "oh yeah they'll be trading at $40 per share" scum bag man.
Posted by Upside on :
Wait a minute here. This says they have 703 billion outstanding EXCLUDING shares held in street name. Unless I'm all wet that means 703 billion in certificate holders. My shares are held by Ameritrade, or, in street name. I'm assuming the bulk of the shares held are the same. Does that mean the o/s is really more like 1.4 trillion?
Posted by zippycal on :
Marty you don't have to be sorry for me. I am still in it for 10 million shares, but when it went up last year I sold and bought back low. Currently my 10 million shares are free as well as my being up $3000. Any way you look at it I made some decent money. Hope some others did as well.
chris
Posted by Doctoall on :
quote:Originally posted by Upside: Wait a minute here. This says they have 703 billion outstanding EXCLUDING shares held in street name. Unless I'm all wet that means 703 billion in certificate holders. My shares are held by Ameritrade, or, in street name. I'm assuming the bulk of the shares held are the same. Does that mean the o/s is really more like 1.4 trillion?
That is probably more like it, that car sure burns up the gas. It also looks like they finally moved the office from Urban's basement Posted by Steve020866 on :
You all new in the third quarter of last year what the O/S was when they did the dividends. Everyone then said it was over 700 billion out due to the dividend split shares, and i was one of the first ones to put out the dividend split ratio so this news should be nothing new to all of you.
Posted by Marty on :
Guys/Gals, I'm really trying to understand how it is legally possible to issue this many shares....can someone enlighten me? Or should I try researching the SEC site....because honestly, this kind of carp is very disturbing....appreciate any accurate response....thanks...
Posted by Marty on :
and no, I don't own this.....
Posted by legaleagle on :
quote:Originally posted by Upside: Wait a minute here. This says they have 703 billion outstanding EXCLUDING shares held in street name. Unless I'm all wet that means 703 billion in certificate holders. My shares are held by Ameritrade, or, in street name. I'm assuming the bulk of the shares held are the same. Does that mean the o/s is really more like 1.4 trillion?
Well, at least Upside bothered to read the words and not go off on a rant like so many. Stop and read and think what Upside is pointing out to you. "EXCLUDING" shares held in street name. That means that every share held in the brokerages is "NAKED SHORTED". And Upside also remembered the divy split ratio that indicated that the total shares was 1.4 trillion. Of course those that would just prefer to bash will only see the part of this PR that they want to see to justify their "rants". But those with a little intelligence will read the whole thing carefully. Those who hold shares now are witnessing the beginning of a massive short squeeze. IMO
Posted by boised on :
quote:Originally posted by legaleagle:
quote:Originally posted by Upside: Wait a minute here. This says they have 703 billion outstanding EXCLUDING shares held in street name. Unless I'm all wet that means 703 billion in certificate holders. My shares are held by Ameritrade, or, in street name. I'm assuming the bulk of the shares held are the same. Does that mean the o/s is really more like 1.4 trillion?
Well, at least Upside bothered to read the words and not go off on a rant like so many. Stop and read and think what Upside is pointing out to you. "EXCLUDING" shares held in street name. That means that every share held in the brokerages is "NAKED SHORTED". And Upside also remembered the divy split ratio that indicated that the total shares was 1.4 trillion. Of course those that would just prefer to bash will only see the part of this PR that they want to see to justify their "rants". But those with a little intelligence will read the whole thing carefully. Those who hold shares now are witnessing the beginning of a massive short squeeze. IMO
uhhhh no ... it's because the o/s is really more like 1.4 trillion. At any rate a diamond the size of NJ would need to be found to move the pps
Posted by Steve020866 on :
Here is the shortcut to the thread with the numbers. Most of the info was on page 25 or something like that. It shows that UCAD dividend was paid out at a rate of .0000155 per cmkx share. However that was changed a few days later to be .0000083 or something like that. Whatever it was it equalled to be over 700 billion O/S count.
Posted by will on :
"Consistent with CMKX's continuing efforts to furnish the investing public and its stockholders with current information and to quell any inaccurate rumors, CMKX has disclosed certain corporate information pertaining to its operations and corporate structure. Of the 800 billion authorized shares of common stock, CMKX currently has 703,518,875,000 shares of common stock issued and outstanding to approximately 2,032 stockholders of record (excluding shares held in "street name")."
"to approximately 2,032 stockholders of record (excluding shares held in "street name")."
Think maybe they are referring to shareholders not shares?
Posted by bill1352 on :
703,518,875,000 YOU GOT TO BE F"IN KIDDING ME!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Posted by bill1352 on :
"EXCLUDING" shares held in street name. That means that every share held in the brokerages is "NAKED SHORTED". And Upside also remembered the divy split ratio that indicated that the total shares was 1.4 trillion. ====================================
thats is talking about shareholders ya moron (legel) i have to say legel i thought when the truth came out you would come to your sences...i guess i was wrong...after seeing your comments what i'd like to say to you would get me banned & would be wrong. its not right talking bad about the mentally handicapped
Posted by glassman on :
ha ha.. ya know? when i suggested that
6 months of .0001 ask and no bid price trading at 1 billion shares a day
indicated that they were selling over 500 billion shares into the market?
the responses were so bad they had to delete whole threads, not just individual posts...which they did too...
Posted by legaleagle on :
Depository Trust And Clearing Corporation Ordered To Produce Trading Documents Friday March 4, 5:38 pm ET
NEW YORK, March 4 /PRNewswire-FirstCall/ -- Eagletech Communications Inc. (OTC Bulletin Board: EATC - News), announced today that it has obtained a ruling of a New York court directing the Depository Trust and Clearing Corporation (DTCC) to produce trading records for Eagletech shares. Eagletech was represented in the motion by the law firms of Christian Smith & Jewell of Houston, Texas and Koerner Silberberg & Weiner, LLP, of New York City. ADVERTISEMENT
Eagletech is a plaintiff in a stock manipulation action pending in the state of Florida. It commenced a special proceeding in the Supreme Court of the State of New York to obtain certain trading reports from the Depository Trust and Clearing Corporation. Subsequently it filed motions to compel the DTCC to comply with the subpoena.
Attorney Wes Christian commented: "This is a significant victory in our on going battle to bring restitution to our clients for the brazen manipulations that were perpetrated against them. Our ability to obtain these records is essential. The judge's clear ruling takes us further down that road."
-------------------------------------------------------------------------------- Source: Eagletech Communications Inc.
Posted by will on :
This statement doesn't look very accurate to me either. LOL
"Consistent with CMKX's continuing efforts to furnish the investing public and its stockholders with current information and to quell any inaccurate rumors, "
These mopes told no one nothing for years, and when they did they made sure there was enough wiggle room, by virtue of ambiguity for these pumper mopes to come up with rumors gallore. They lived off the rumor mill and printing press. Melvin, reports from races, on and on. Well, you have some facts now, and one is already saying these are NSS, and the float is much lower. Think they should go sit down and enjoy that $25,000+ tic tac they bought.
Posted by ed19363 on :
Okay, so the funeral has been postponed, but I'll still bet it wont be for long.
Posted by bill1352 on :
i can't wait to see the math fanticys that make 703 billion shares worth $1. the amount of drugs needed to figure that out might cause a few overdoses
Posted by Wallace#1 on :
quote:Originally posted by Upside: Wait a minute here. This says they have 703 billion outstanding EXCLUDING shares held in street name. Unless I'm all wet that means 703 billion in certificate holders. My shares are held by Ameritrade, or, in street name. I'm assuming the bulk of the shares held are the same. Does that mean the o/s is really more like 1.4 trillion?
I was wondering when someone would point the above fact out and was just about to do so. That means the O/S might just be pushing the 779 bil figure. ******************************* legal, I don't know where you are getting all your supposed facts from about UC repurchasing shares. If you are talking about a long ago comment by Melvin or someone that shares were being purchased and recorded as Treasury Shares, that probably changed the day after the statement was made. I repeat, Treasury Shares ARE NOT issued shares, but they are outstanding shares. I am willing to bet there are fewer there than was originally announced, since they probably resold them to get $$$$$s. ****************************************
For those of you who think UC holds 50+% of the issued shares, I very much doubt it. There are other ways to maintain control of a company. If those other ways do not exist, that is just another very good reason for UC not to have released the O/S sooner. Thus giving him time to establish some other form of control....such as a Pfd Stock that can carry such control. Those ways are commonly called "voting arrangements" and I have previously mentioned them. They disenfranchise common stockholders and are not considered to be ethical methods.
Posted by will on :
Yea, it takes awhile to put a body back together that is in 703,518,875,000 pieces. LOL
quote:Originally posted by ed19363: Okay, so the funeral has been postponed, but I'll still bet it wont be for long.
Posted by legaleagle on :
quote:Originally posted by will: "Consistent with CMKX's continuing efforts to furnish the investing public and its stockholders with current information and to quell any inaccurate rumors, CMKX has disclosed certain corporate information pertaining to its operations and corporate structure. Of the 800 billion authorized shares of common stock, CMKX currently has 703,518,875,000 shares of common stock issued and outstanding to approximately 2,032 stockholders of record (excluding shares held in "street name")."
"to approximately 2,032 stockholders of record (excluding shares held in "street name")."
Think maybe they are referring to shareholders not shares?
If they meant shareholders, counsel would have said "shareholders", in any document that will be taken apart by the SEC.
Posted by will on :
"If they meant shareholders, counsel would have said shareholders, in any document that will be taken apart by the SEC."
READ IT AGAIN !
Posted by Marty on :
so much for the SEC "protecting" investors....OUCH! Sounds more like everyone who owns this stock, owns one flake of paint off of the car(s)....OUCH!!!
Posted by bill1352 on :
i agree wallace & to prove that point i'll do as the cult does...refer to a pr. remember the UCAD dividend when it stated that because UC gave up his shares to stop dilution (i'm laughing so hard thinking of that statement i can't hardly typoe) he would not get the UCAD split..thus those shares are the o/s if there are naked shares they are over and above 703 billion(lmfao) & if you think that trying to cover any short with 703 billion issued & outstanding will cause a increase in pps please lock yourself in a room & stay there for your safety & the public's its not safe for you to be on the streets
Posted by boised on :
quote:Originally posted by legaleagle:
quote:Originally posted by will: "Consistent with CMKX's continuing efforts to furnish the investing public and its stockholders with current information and to quell any inaccurate rumors, CMKX has disclosed certain corporate information pertaining to its operations and corporate structure. Of the 800 billion authorized shares of common stock, CMKX currently has 703,518,875,000 shares of common stock issued and outstanding to approximately 2,032 stockholders of record (excluding shares held in "street name")."
"to approximately 2,032 stockholders of record (excluding shares held in "street name")."
Think maybe they are referring to shareholders not shares?
If they meant shareholders, counsel would have said "shareholders", in any document that will be taken apart by the SEC.
You are talking about a guy who claims that Carolyn is diamondferous and unleashes his psuedo-carny IR man Melvin to pump away based on 2 specs of dust. Leagle you are a moron.. give it a rest already.
Posted by Ric on :
I can't believe some of you in here. Geez. The street name commant was only stating that the shareholders that bought shares through Ameritrade and such are unknown. So they are not part of the 2035 number. Thats all it means. No big deal. Just means they can only state 2035 because they don't know the exact number each broker has. No more no less. All we know is there is more then 2035 shareholders. How many more no one knows.
Posted by bill1352 on :
ric i'd think that would be clear too..try dividing 703 billion by 2035 its about 346 million shares per shareholder
Posted by will on :
That's the way I read it, Ric, shareholders, not shares. You will have to excuse the faithful noah, he cannot admit he is wrong. He has too much invested in this to make an admission that his investment is now worthless.
quote:Originally posted by Ric: I can't believe some of you in here. Geez. The street name commant was only stating that the shareholders that bought shares through Ameritrade and such are unknown. So they are not part of the 2035 number. Thats all it means. No big deal. Just means they can only state 2035 because they don't know the exact number each broker has. No more no less. All we know is there is more then 2035 shareholders. How many more no one knows.
Posted by bill1352 on :
can your hear it????....rotflmao
Posted by Wallace#1 on :
The fact that shares are held in "street name" does not mean they are NSS. What he is saying about "street name" is that there are 2032 registered shareholders. However, any given broker could be holding shares for a number of clients but they would only show up on the records of the TA/Registrar as 1 share in the broker's name. Thus, in reality, the number of true stockholders would be larger than 2032.
Come to think about it, my previous post about the O/S was probably incorrect since even the shares (as a total number) in street name would be accounted for. Therefore, the figure UC gave is probably close to being correct.
Ric, above, is correct. Must have missed his post while typing. "Never mind"!
Posted by bill1352 on :
for those like DW, cashcow & a few others that held out hope their investment was not worthless i'm really sorry us bashers were right
still i want to know why the dividends were split between 779 billion...thats 76 billion shares missing...not that it would make a big deal but...thats only the o/s of probaly every company on allstocks first page
Posted by will on :
Hey bill! Didn't that Wee Willie Wanker guy boast about having that many shares. LOL Maybe noah owns close to that. I remember debbie saying she had 77M and was considering buying more to have a position of 100M. He might be right, (in a pig's ass) LOL They just won't stop. I can't believe they keep finding any positives in this mess.
quote:Originally posted by bill1352: ric i'd think that would be clear too..try dividing 703 billion by 2035 its about 346 million shares per shareholder
Posted by bill1352 on :
Will that would be about $70K per shareholder... i'd have to say even for the cult thats a bit much... i mean anyone that was part of the cult isn't smart enough to find $70K without winning the lotto
Posted by will on :
"If they meant shareholders, counsel would have said "shareholders", "
Stop yourself, man. Go sit down and do some serious reflection, and quit trying to fool yourself and mislead others. It's time to rest now, noah.
Posted by boised on :
quote:Originally posted by bill1352: for those like DW, cashcow & a few others that held out hope their investment was not worthless i'm really sorry us bashers were right
still i want to know why the dividends were split between 779 billion...thats 76 billion shares missing...not that it would make a big deal but...thats only the o/s of probaly every company on allstocks first page
bill: "CMKM Diamonds, Inc. Announces Purchase of 75 Billion Shares Issued to Nevada Minerals, Inc. for Acquisition of Mineral Rights in Saskatchewan, Canada Saturday December 18, 8:00 pm ET
LAS VEGAS--(BUSINESS WIRE)--Dec. 18, 2004--CMKM Diamonds, Inc. (Pink Sheets:CMKX - News) announced today that it has repurchased the 75 billion shares of the common stock stocks issued to Nevada Minerals, Inc. in July of 2004 to acquire mineral rights in Saskatchewan, Canada. The shares were restricted. The purchase price for the shares was $ 2.2 million, of which $2 million was in the form of a note payable in one year. "Being able to reacquire these shares for this price is a great opportunity for the Company," said Urban Casavant, the Company's CEO."
WHY DO YOU GUYS TALK HERE. CMKX IS DEAD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Posted by ed19363 on :
I want my 346 million shares.....NOW !!!!!
Posted by boised on :
DaFlem give us a better topic to discuss then
Posted by will on :
Not according to naoh. I am here talking in hopes of getting him to admit that the last part of your post is accurate.
quote:Originally posted by DaFlem: WHY DO YOU GUYS TALK HERE. CMKX IS DEAD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Posted by bill1352 on :
i'd bet the shareholder count is closer to 20K...thats screwin a lot of ppl over... & now in an effort to build shareholder value UC gives us a 70 billion to 1 r/s...of course without reducing the a/s, want to make sure anyone that wants to buy into cmkx can do so cheaply. millions of millionaires, isn't that what UC said??
Posted by ed19363 on :
Guys, CMKX is NOT DEAD !!!! However, it will take 779 years for it to move off of .0001
Posted by Wallace#1 on :
What kills me is that that SOB, UC, has known the O/S figure all along and has refused to share it with the public. And to whose advantage? Think about that you faithful followers!!!
Posted by bill1352 on :
boised..you da man...i forgot that attempt to build shareholder value...i cant stop laughin here thinking of all the crap in prs & posted by the cult. i know its not right, ppl lost a lot of money but to think a company could say the things they have & then tell the world their o/s is 703 billion boggles the mind
Posted by bill1352 on :
Being able to reacquire these shares for this price is a great opportunity for the Company," said Urban Casavant, the Company's CEO."
===================================
ya now we can sell them to the public
Posted by Apenorm57 on :
Guys, just to clarify for everyone.
Stockholders are those who are registered with the company directly.
Street name is any shares held by a brokerage...
I could care less about CMKX, but I like the drama.
Posted by bill1352 on :
"We are not letting these regulatory matters impede our primary focus of creating stockholder value through the mining and development of our mineral assets," stated Maheu. CMKX is continuing to search for additional property claims in Canada and monitor its holdings in Ecuador.
====================================== he may look like he is still with it but please
Investors and stockholders are being asked to please refrain from contacting the company, the SEC, NASD, the Transfer Agent and/or Stoecklein Law Group to allow them to focus on completing the tasks at hand.
=============================
ya really think thats the reason???...lol
Posted by will on :
They can't think about it, Wallace. They can only think about ways to corrupt and twist clear statements and admissions of the company into something totally different then what was REALLY said. They are so used to ambiguity from CMKX PR's that when they are clear they interpret it and ignore reality. This is the sad thing. The fact that they had almost year to propagate their message, and mislead so many needy people. You are so right when you condemn UC for witholdng information. It allowed the growth of this fanaticism. Fundamentalism, (not meaning religious or stock analysis in this case, but the belief there is only one truth), is very dangerous. Their failure to at least listen and consider an opposing point of view hurt them and all they influenced.
quote:Originally posted by Wallace#1: What kills me is that that SOB UC has known the O/S figure all along and has refused to share it with the public. And to whose advantage? Think about that you faithful followers!!!
Posted by bill1352 on :
larry I believe!
Joined: 16 Feb 2005 Posts: 4
Posted: Fri Mar 04, 2005 7:38 pm Post subject: and the future is ??????
Yes sir. I was uppset to see the SEC, DTC, and market makers are all doing everything they can to make CMKX go away. Be warned this will not happen you can stall, and bash, put up road blocks, but I will not sell a single share until it hits the price I am willing to sell. Infact I am so convinced that cmkx is the best stock money can buy, when this halt is lifted on the 16th of march I will double my already very large position in cmkx! These guys think they can shake us, now guess what they will have to cover double the amount I have. MM's you're going to buy me a porche gt! And on the plates it will say "thnx mms"! It will be a reminder to the fools that played cmkx!
Posted by bill1352 on :
webefree3 Diamondologist
member is online
The earth is the Lord's and the fullness thereof
Gender: Posts: 454 Re: CMKX PR 3/4/05 !!!!!!! « Reply #108 on: Today at 8:05pm »
-------------------------------------------------------------------------------- One diamond find can move this stock to .001. @ .001 I have made a 500% return, not bad. If the ns is equal to or more than OS a covering will still make us all wealthy.
I am disapointed with the OS, but we don't know the structure yet. I'm satisfied that we are ok, nad will make money.
The way I see it, we have a piece of a very lucrative pie. My piece is just not as big as I thought it was.
Posted by bill1352 on :
Awww, buck up little camper!
We have some figures, but not enough to make a fully informed decision. I have to give IBM credit for getting this news out, and taking this issue with the SEC head-on.
I know there's a lot of disappointed people out there tonight. But it is important to keep our perspective. Much of the disappointment people feel tonight comes from our (as a group) sense that we were going to be instant millionaires. We bought a few million shares, and assumed we'd add water and *POOF*, welcome to easy street. The reality is we've set ourselves up to believe we'd be able to do this overnight, and easily, and to the limits of our imaginations. IMHO, this is more of a grounding call to bring us back to reality, than it is a train wreck or a titanic disaster.
Look at the numbers they provided, but moreso what they didn't. We really don't have a current basis from which we should make an informed decision yet. We don't know the actual float, we don't know the number of total shareholders, and we don't know what assets still lie behind curtain #1.
If a doctor told you it looks like you have cancer but hadn't performed a biopsy to confirm it, would you automatically assume you need to be planted next week?
Some may choose to leave at this juncture. Some will likely stay. Whatever you choose, please choose it with your head, and not your feelings.
As for me, I'm my normal self this evening...not emotionally impacted at all. I have a clearer picture of what's going on, and I'm thankful my company has provided this information to me. The news isn't as rosy as I might have hoped, but for me, there's too many variable left out of the story to make a "Go/No Go" decision at this point. So tonight I say again, as I have for nearly a year...
Long, Strong, and fighting a nasty cold...darn it... C-Dub
<Hurling>
Posted by bill1352 on :
that last one is the best...i hope he doesn't have kids...the human gene pool would be harmed
Posted by Ric on :
roflmao
quote:Originally posted by bill1352: that last one is the best...i hope he doesn't have kids...the human gene pool would be harmed
Posted by poorman on :
10 pages since yesterday. Give it a rest guys Posted by will on :
Hey poorman, ltns, hope you're well.
I don't think your request to give it a rest will be granted nor should it be.
People that rabidly supported this stock and the means they used to do it should be openly discussed, so others can be on guard from their tactics.
Posted by boised on :
the knuckleheads on pumpboards32 are already claiming victory as everyone has naked shares and the squeeze is coming on the 17th
Posted by lilpennypincher on :
Just sad that there are people behind the names of those that have lost money.....Sometimes we get all caught up in something that is bad for us and hold hope that all will turn out OK.. I do not own any of this stock but, feel for all of you that have lost money.....It sucks to lose money..... I hope all works out well for all of you.....Sorry don't know who the bashers or pumpers are but.......Know what it is like to lose money....AIN'T FUN!!!
Posted by bill1352 on :
lil...for the most part i & the other so called paid bashers agree. most of us lost money on cmkx but cut those losses some time ago. its the cmkx cult we are concerned with only. those that as you can see are still trying to pump this & twist it into something of value...by the way hope your feeling better
Posted by lilpennypincher on :
Thanks for clearing the air Bill......Yea' I'm getting better every day...Thanks
and as far as cleaning the air.......I have a question since this Thread smells nasty anyway... WHAT THE HECK?!!!!!! My Cat just lifted his tail and sprayed some NASTY SMELLY STUFF on my WALL!!!!! IT SMELLS SO BAD!!! I'm scrubbing but it stinks.... WHAT IS IT? I've never had a male cat before....Got it for the baby as a kitten....He has never done this before....Is this normal........SOMEONE HELP...... I WANNA' KILL HIM!!!!! It's an indoor cat....won't put him out in the snow....But, don't want him doing this again.....IS he sick or just a GUY?!!!!!!! I wanna' puke......
OK.......back to smelly stock talk....
Posted by finky on :
this stock is not dead yet, on the 17th it will start trading again on the 18th,(imo) we will see a r/s for the record books. any guess as to what the ratio will be? my guess is 7000 to 1.
Posted by will on :
"Just sad that there are people behind the names of those that have lost money.....Sometimes we get all caught up in something that is bad for us and hold hope that all will turn out OK.."
I agree lil, but many refused to hear any dissenting opinions or views. Dissenter were dismissed, and discredited. The arguement against people who disagreed were highly emotinal, and not fact based. This led other undecided investors to take the plunge because it was no longer a rational decision, but one based on good versus evil. It is human nature to be counted as good not evil, so many were influenced by the lure of the faithful. If the arguement remained fact based and not gone to the emotional many would have decided differently, and there certainly would have been fewer names and people behind them. I take it that you agree this is a loss by virtue of your post. However, there are still people taking the position that everything is good. Bill posted several examples of that. My problem with it all is that they are in denial, and still won't even entertain the thought that their way is not the right way. There are other posiibilities, but not for them. They will continue on, and they will mislead and influence others. I understand why they are in denial, like you said, it isn't fun to lose money, especially big money. I have no idea how much anyone had invested in CMKX, or how much they needed what they invested, but it certainly time to at least consider the possibilty of it being worthless now. They are still refusing to admit they excercised poor judgement, and are still pumping it by inuendo, if not right out.
Posted by Wallace#1 on :
Lil,
That is very much normal with male cats. Your's is marking his territory. Once you get him fixed, that will stop. It sure does smell, huh?
PS: Glad you're feeling better.
Posted by Ric on :
Man, I am going to miss this board.
quote:Originally posted by Wallace#1: Lil,
That is very much normal with male cats. Your's is marking his territory. Once you get him fixed, that will stop. It sure does smell, huh?
PS: Glad you're feeling better.
Posted by will on :
lil, stop yourself, girl!
You get the post of the year with that one.
Your cat probably wants the TV remote, a sandwich, and beer, then he'll be ok. LOL
I never owned a cat, and I don't want to know what Mr Gato sprayed on the wall.
LOL
You sure know the meaning of making things light .
That was great. Excuse me while I go mark my front porch.
Posted by Wallace#1 on :
How many of you missed this?
Lastly, CMKX's current officer is Urban Casavant (CEO/President/Secretary/Treasurer) and current directors are Urban Casavant and Robert A. Maheu (Michael Williams will join the board of directors upon CMKX's obtainment of D&O insurance).
That means one officer (Casavant) and two directors (Casanova and Machoo)?
In fact, due to the overwhelming number of reports that need to be filed, coupled with the necessary financial statement preparation, CMKX will not be able to comply with the 60-day requirement.
What the hell have they been working on for the past 6 mos.? Now, with another 60 days, they cannot meet the requirements?
Posted by lilpennypincher on :
Will.......I agree with you.....Just sad that's all....
Wallace........PUKE!!!!OH MY GOD!!!I have an appointment for him but, not till the end of March.....IS HE GOING TO DO THIS EVERY DAY!!!!!! I'm going to have to tape a baggie over his A$$... I can't handle this.... My house smells like cheap sweaty musk! YEK! Ok.....Now I have to go find out What will get rid of this smell. Is it like a skunk spraying? Do I need tomato juice? LOL.... It's Nasty.....
Posted by will on :
GOD! I dont know what's funnier, lil's cat or CMKX O/S.
Posted by lilpennypincher on :
Ric, where you goin'.......Hug Rhonda for me....
Will.....He can have all that and a freakin' cherry on top.....for all I care...Take it all.... Want him to stop.....Really it's Nasty.. Now! What will take the smell out!?
Posted by Wallace#1 on :
Lil, you poor thing. There's nothing I can tell you that will help. And, yes, he will probably do it regularly. Don't you know they get "musk" from some kind of wild cat....no joke?
If the young fella is old enough (about 6 mos. I think), I would get it done right now.
Posted by will on :
What will take the smell out?
A sharp knife to his...............you know to where the SEC has CMKX.
Posted by lilpennypincher on :
WIll..........This smell is definately not funny!!! I need a gas mask.....HELP ME PLEASE!!!!!! Searching on the internet now for help..... Under google "Smelly cat butt"........ Spraying in male cats....here is what I have found....
LOL.... I like the rolled up newspaper Idea the best.. Feeling neglected.....Give me a break....The cat's got it better than any of us in the house....LOL Thanks for the help...
Dear Cecil:
When we came home this evening we found that a foul odor thoroughly pervaded our large apartment. We have reason to suspect that this odor (it's still here) is none other than that of the "spray'' commonly attributed to male cats--in this case, our three-years-neutered male cat Mudhead. What exactly is cat "spray''? Is it different from cat urine? Is it possible that our neutered Mudhead was capable of such a feat after three years? --World Gato Headquarters, Chicago
Cecil replies:
Spray is but one of several odious secretions associated with cats, whose reputation for cleanliness is greatly exaggerated. Spray consists of urine mixed with a viscous, fatty material whose extraordinary pungency has been most charitably characterized as ""musky,'' although more colorful terms have also been used. The accepted method of application is for the cat to back up to some prominent domestic landmark, such as a door frame, sofa, or curtain, raise its tail, and let squirt. This is unquestionably a bit on the disgusting side, but things could be worse. The hippopotamus, for instance, is said to mark jungle trails by excreting a lethal mixture of urine and feces while twirling its tail like a propeller. This may explain the historically sluggish market for pet hippopotamuses.
Cats are motivated to spray principally by a desire to: (1) denote their turf, (2) exhibit their studliness (if the cat is male), and (3) be a pain in the nuts. Motive number 3 comes into play whenever the cat feels its precious self is being neglected, such as when its owner(s) changes jobs, has a baby, or what have you. In the case of a new baby, one of my cat manuals here urges that "guests who come to visit the infant should be encouraged to make a fuss over the cat first[!]'' Personally I would be inclined to threaten the cat with lingering death rather than resort to this kind of appeasement, but I admit to some prejudice. Neutering supposedly reduces the incidence of spraying, particularly if undertaken before the cat reaches puberty, but as you can see it doesn't always work. In any event it's claimed that vinegar will neutralize the smell.
Another source of kitty odor is an infection of the anal sacs, yet another dubious feature of the cat physiology. If Mudhead has been skidding his little bottom over the carpet lately, you would be well advised to hie yourself (and him) over to the vet. Otherwise just pound on him with a rolled-up newspaper. It may not cure him, but it's sure to have a tranquilizing effect on the owner.
--CECIL ADAMS
Posted by Ric on :
Well, once this is dead and I am sure it will now then I would hope that there wouldn't be anyone promoting this anymore. But, this is day with daughter. I threatened them at the hospital that I better not come back tomorrow to see her worse off. Relaxing at home with mikki tonight and off to hospital tomorrow morning. Thanks for your concerns and prayers.
Ric
quote:Originally posted by lilpennypincher: Ric, where you goin'.......Hug Rhonda for me....
Will.....He can have all that and a freakin' cherry on top.....for all I care...Take it all.... Want him to stop.....Really it's Nasty.. Now! What will take the smell out!?
Posted by lilpennypincher on :
Wallace.....The earliest I can have him done is in 3 weeks.....I'm gonna' have to get him his own condo or something.....He can't live with me....LOL
and Will.....OUCH! Again thanks for the advice....ROFLMAO!!!
Posted by will on :
lil, you made my day.
Posted by lilpennypincher on :
Awh Ric.....Just tell them you'll send Lil after them......Have you seen the new pic in my profile....LOST NUTTER' TOOTH!!!!
LOL Really......God bless Ric...
Posted by Wallace#1 on :
Lil,
Don't do the newspaper bit. It won't work!
Get to a Vet and have him fixed now....providing he's old enough.
Remember, even if vinegar, club soda or anything else helps, your little guy will find another really nice place to mark.
Posted by Ric on :
To get out pet odor, trust me here ex-hotel GM, pat up as much as possible then take and spray with white vinegar. Let dry and then sprinkle in some baking powder, rub in lightly. Sit over night and vaccum.
Ric
Posted by glassman on :
LIL, lemon juice or vinegar should work...
and yes, this is just the beginning.. Posted by will on :
Let him come mark my house. I'll take care of everything. You want his eyes blue or brown after I have him stuffed? They can use either color, they're made of glass.
Posted by Ric on :
Seen it this morning, great pic, any kin? roflmao.
Ric
quote:Originally posted by lilpennypincher: Awh Ric.....Just tell them you'll send Lil after them......Have you seen the new pic in my profile....LOST NUTTER' TOOTH!!!!
LOL Really......God bless Ric...
Posted by Wallace#1 on :
Lil, if you have children, why not let them babysit for 3 wks....and don't tell them he carries his own brand of perfume. LOL
PS: I just looked at your photo in your profile. WOW!!! You are really beautiful!
Posted by will on :
What kind of people stayed at this hotel, ex-hotel GM? LOL
Posted by Ric on :
I guess it like cmkx haulting the SEC, lol
quote:Originally posted by will: What kind of people stayed at this hotel, ex-hotel GM? LOL
Posted by bill1352 on :
and i thought i had it bad with dog hair...lil, get a hold of a cmkx cult member, they probably have shares in home, try legel, from what they say those shares are the cure to all problems. if that don't work i'd say the cat needs fresh air, about 3 weeks worth
Posted by Ric on :
I hear their koolaide is pretty stong too, lol.
Ric
quote:Originally posted by bill1352: and i thought i had it bad with dog hair...lil, get a hold of a cmkx cult member, they probably have shares in home, try legel, from what they say those shares are the cure to all problems. if that don't work i'd say the cat needs fresh air, about 3 weeks worth
Posted by Wallace#1 on :
Lil, Bill is right! If you think your cat smells, think about how badly CMKX smells!
Posted by will on :
I should do a poll, what smells worse CMKX or cat spunk on your walls.
Posted by lilpennypincher on :
ROFLMAO GUYS!!!!! Wallace.....I would never do that....Just kidding....I love the little guy....Just don't like his SMELL!! Hey....In the last 20 minutes or so.....I've gone from having 58 votes to 62 votes and all BAD....I guess I've pi$$ed off a few people with my "Smelly cat" talk... I went from 5 stars last night to almost down to 3 WT HECK!!!!BITE ME!!!!!!LOL
Anyway.....I'll try it Ric.....But it's a wall...LOL I'll try it all.....and going to call another Vet in the morning..Gotta' get this guy fixed... Why would anyone knowing this ever get a male cat? YEK!!!!!
Posted by lilpennypincher on :
Just read the last few posts.......ROFLMAO!!! Guys.....you are all too much...Very Funny.....and thanks for making me giggle, when my house SMELLS DISGUSTING.........
Fresh air......3 weeks worth......LOl
Posted by bill1352 on :
lil..didn't you get a clue on males with your hubby??? we like spraying things & unless made to act differant most smell a bit too
Posted by will on :
Well, you sure know how to break the tension, lil, I'll give you that. I was feeling bad about CMKX, and it's current state, not a smile for miles, now I have to wipe the tears out of my eyes to type and read.
Posted by Ric on :
Lil, don't feel bad. this is the board I lost mine on too. But it was fun anyhow.
Ric
Posted by will on :
See, thats why my 4 stars are really like 9 stars. I've been here for a year. LOL
Posted by Wallace#1 on :
Lil,
Here's another thing to watch for:
Male cats, not infrequently when they get older, get a crystalization problem with their urine. Makes for a nice expensive operation.
Posted by lilpennypincher on :
OH NO WALLACE!!!!!!!!WHAT HAVE I GOTTEN MYSELF INTO!!!!? And Bill....No....My husband definately will get the HELL out....if he starts this $hit!!!!!!
Or off to the Vet for him as well....Or no wait....OUT HE GOES!!!!!!!!!
Posted by lilpennypincher on :
Yea Ric......Go to the Prom and lose my Virginity.....go to the CMKX thread and lose my STARS........I WANT MY STARS BACK.......LOL
Ut' oh........she's on a roll......It must be Friday.....Wait this isn't the QBID thread....LOL
Posted by firefly on :
smelly cat smelly cat it's not you fault,,what have they been feeding you.
Posted by finky on :
Of the 800 billion authorized shares of common stock, CMKX currently has 703,518,875,000 shares of common stock issued and outstanding to approximately 2,032 stockholders of record. So if my math serves me right Urban has another 96,481,125,000 shares of stock he got stuck holding on to.Now dont you feel a lot better about being stuck holding the bag with a couple million shares?
Posted by boised on :
quote:Originally posted by lilpennypincher: ROFLMAO GUYS!!!!! Wallace.....I would never do that....Just kidding....I love the little guy....Just don't like his SMELL!! Hey....In the last 20 minutes or so.....I've gone from having 58 votes to 62 votes and all BAD....I guess I've pi$$ed off a few people with my "Smelly cat" talk... I went from 5 stars last night to almost down to 3 WT HECK!!!!BITE ME!!!!!!LOL
Anyway.....I'll try it Ric.....But it's a wall...LOL I'll try it all.....and going to call another Vet in the morning..Gotta' get this guy fixed... Why would anyone knowing this ever get a male cat? YEK!!!!!
O M G Melvin was on paltalk and he was playing this song!!!:
Smelly Cat Lyrics (Pheobe)
Pheobe - Smelly Cat Lyrics
Chorus: Smelly Cat, Smelly cat what are they feeding you? Smelly Cat, smelly cat it's not your fault...
They won't take you to the vet. You're obviously not their favorite pet. You may not be a bed of roses, And you're no friend to those with noses.
Smelly cat, smelly cat what are they feeding you? Smelly cat, smelly cat it's not your fault!
What could it mean!! . . . . . . .
. . . oi you have to watch friends to get it
Posted by Ric on :
lol, But the price of the ticket was the forum. Once its dead where can you find another stock like this to have this much fun with, prrm maybe. lol
Ric
quote:Originally posted by finky: Of the 800 billion authorized shares of common stock, CMKX currently has 703,518,875,000 shares of common stock issued and outstanding to approximately 2,032 stockholders of record. So if my math serves me right Urban has another 96,481,125,000 shares of stock he got stuck holding on to.Now dont you feel a lot better about being stuck holding the bag with a couple million shares?
Posted by will on :
He sold most of the 780B+ shares. If the average sell price was .0004 he has $312,000,000, .0003 $234,000,000, .0002 $156,000,000, .0001 $78,000,000. Right, I'm feeling real sorry for him bout now. It's gone, long gone! OOPS! I misunderstood, you meant the 96B are still in the A/S not issued, OK, I'll redo my numbers. (Done) LOL Makes little difference a lot of money changed hands and isn't accounted for yet.
quote:Originally posted by finky: Of the 800 billion authorized shares of common stock, CMKX currently has 703,518,875,000 shares of common stock issued and outstanding to approximately 2,032 stockholders of record. So if my math serves me right Urban has another 96,481,125,000 shares of stock he got stuck holding on to.Now dont you feel a lot better about being stuck holding the bag with a couple million shares?
[ March 04, 2005, 23:43: Message edited by: will ]
Posted by Upside on :
Well, we've discussed CMKX and cat spew tonight. Somehow they're intertwined, I just haven't figured out how yet. Lil, Will and I were looking at a cat spew stock just the other day, VICI. Take a look at it. Maybe it will stop the cat from soiling your walls and make some money for you at the same time, I'm thinking endorsement here!
As far as CMKX goes, my initial reaction to the p/r was that only certificate holders were counted in the group of 703 billion. After reading it again (and again) it now looks like the 703 billion is the true o/s including shareholders like us, street name holders. This is the last round of the fight and CMKX was just delivered a strong uppercut to the jaw. It's over.
Posted by will on :
It's over for any sober sane thinking person, yes. How about these crazies though. Do you think they realize that? Do you think they will come here and admit that anyone who dissented from their fundalmentalist belief that only they could be right, just might have had a valid point? Believe it or not they are still formulating another fantastic theory that will make it all well.
Posted by Ric on :
Go check out RB. Fantastic Theory is an understatement. They already believe this is a good thing and the pps will skyrocket after the hault. If it wasn't so sad it would be funny.
Posted by Upside on :
Originally posted by Will:
quote:Do you think they will come here and admit that anyone who dissented from their fundalmentalist belief that only they could be right, just might have had a valid point?
No, I doubt it. There are going to be tons of positive theories spun this weekend and some will delude themselves into believing them. It's a sad thing. I can remember listening in on a PalTalk discussion several months ago where someone was talking about taking out a 2nd mortgage on their house to buy CMKX and others saying how badly they needed this stock to "hit" just to survive. That sucks. If this were a big board or NASDAQ stock people would be running away from it as fast as they could but since it's a .0001 penny stock they don't want to face the fact that the dream is over.
Posted by will on :
I don't go to any other buletin boards, sorry. I have no idea how to get to R/B, and have no desire to go there. I do visit D/B every few months, that's it. I knew they would be spinning something, Ric. I have watched one dismall sign after another get massaged, distorted, and managed into wonderful things to come. Sorry to say, it will take their $25,000+ plus investments being worth $25 for them to understand the ramification of an O/S count of 780B.
Posted by Apenorm57 on :
This is 2 in a row for the Green Baron... the Red Baron should shoot his ass down.
Posted by will on :
I met the Green Baron. He's a big fat windbag slob.
quote:Originally posted by Apenorm57: This is 2 in a row for the Green Baron... the Red Baron should shoot his ass down.
Posted by Ric on :
I don't go much either. Just wanted to see what the spin was. Its too much. Its no wonder people think of it as a joke.
Well said Upside.
Posted by Upside on :
quote:I met the Green Baron. He's a big fat windbag slob.
He did have a nice set of teeth though.
Posted by Ric on :
First night home in a week. You would think that I would sleep, but can't. Guess I am getting to attached to that hard azz chair at hospital. lol. So bored and wondering around net seeing whats others are saying.
Posted by will on :
It's pathetic, sad, sick. I can't believe they have the lack of courage and lack of intelligence to keep carrying on like that.
780B O/S, trading 5B a day = .006% of the O/S, oh yea, I see skyrockets there. Trading less than 1% of the outstanding in a day will send that PPS flying. Psssssssssssst, tell them 780B is an endless supply, there are'n't any NSS, with that many O/S who needs to short it. LOL
Posted by Bigrod40 on :
Not much surprising about the O/S. I cant believe the chatter going on about it. We all knew this number was going to be released. Now the only thing that is left to be revealed is the Valuation of the company. Remember in 2002 it was only $344.00. Maybe the trump card has yet to be played and were worth Billions. Posted by JohnnyRotten on :
This from ********s. If you take the 703 bill and add the 75 bill retired plus the 16 bill retired from 2003 you come up with only 6 billion held by street. Brokers or those held in broker accounts are not stockholders of record.
quote: ex·clude (k-skld) tr.v. ex·clud·ed, ex·clud·ing, ex·cludes 1. To prevent from entering; keep out; bar: a jar sealed to exclude outside air; an immigration policy that excludes undesirables. 2. To prevent from being included, considered, or accepted; reject: The court excluded the improperly obtained evidence. 3. To put out; expel.
I have no ideal what you all were taught in school but when the PR says " 703,518,875,000 shares of common stock issued and outstanding to approximately 2,032 stockholders of record (excluding shares held in "street name"). " You do not include them (street name) in the 2,032 share holders of record. Get it share holders of record, that means certs. If you are a share holder of record you name is on record at the T/A office in his or her books. Period.
Now as to how many of the 703 billion are restricted or Urban and friends hold remains to be seen. But please get the wording right. Sorry if this sounds bad but people have been saying they made a mistake writing the PR. I thought I'd heard alot but know we have people who may not have ever held a job telling us that these professional people can't even write.
I know where I'm placing and have placed my money. I still have the faith and will until it comes out that beyond a shadow of a doubt, out of business, shut down and SEC looking to put someone in jail. IMHO Long and strong Jim VNamVet72
Bash if you want but it not going to change a thing.
Posted by Upside on :
Originally posted by Will:
quote:Psssssssssssst, tell them 780B is an endless supply, there are'n't any NSS, with that many O/S who needs to short it. LOL
That's a real good point. There was no need to short it. Look at who made money on this stock. Urban by selling those shares and the mm's by selling them to us. Why short it? It's a cash cow (sorry Moo) that they've been suckling for a long, long time.
Posted by will on :
Can anyone explain that pig slop this Long Strong Jim wrote?
What kind of math is this? "703 bill and add the 75 bill retired plus the 16 bill retired from 2003 you come up with only 6 billion held by street."
Let's see: 780 bill + 75 bill + 16 bill = 6 bill Glad I didn't go to his school, or maybe I should have, I could have bought my house for $1.38.
Posted by Ric on :
nope. And I read it twice.
Posted by finky on :
Yeah, he basically is saying he is gonna go down with the ship.
Posted by Upside on :
originally posted by Will:
quote:Can anyone explain that pig slop this Long Strong Jim wrote?
Sure, I can. He's saying that the 2000 or so shareholders are the "real" shareholders, or, the registered certificate holders. Everything else is naked shorted. But, take a look at what CMKX is under investigation for.Among other things, stock issuances and Rule 144 distributions. If he/she is right and the 703 billion are the only registered shares my guess would be that Urban issued restricted and/or unregistered shares well in excess of the 800 billion authorized, just like in Canada where they've been halted for the same thing.
Posted by Ric on :
Sorry no need to pump the "street name" theory on this board. Most here are smart enough to know whats going on.
I am guessing he is talking about the new koolaide theory that if your not one of the 2035 registered stockholders then you own short shares. And that when this goes off the suspension they will have to cover the short now that they are exposed and the stock will rise. Its full of crap. They don't even understand the meaning of the word. 19 year olds trying to pass as investors. It very funny that people could possibly believe that a O/S of 703 billion could support short selling.
Posted by will on :
I got that part. LOL Better go tell him flames are coming out of all four of his engines and he's in a dive. Oh wait, he can't bail out, the SEC took his parachute. Good position to have, I'm not going anywhere, (right, you have no options but to go down in flames, pal). That's the dumbest dumbass so far, but they'll get better.
quote:Originally posted by finky: Yeah, he basically is saying he is gonna go down with the ship.
Posted by Upside on :
Where's dwman? I'm heading South tomorrow in search of the wild crow.
Posted by Ric on :
(excluding shares held in "street name").
Yeah it means that they aren't included in the 2032. But thats all it means. So it says there is more then 2032 stockholders. 2032 registered plus the ones being held under street name. But that doesn't change o/s or mean there is shorting. It means that they don't know exactly how many stockholders on record because some are under street name by the brokers. Plain and simple. Gawd get a life. Nothing will save this now.
Ric
Posted by will on :
LOL I had enough of this nonsense for the day. Tune in tomorrow for more unbelivable, outlandish, unfounded, distorted, twisted, fanstatic, adventures and theories from the CMKX faithful.
NONSENSE !!!
Posted by finky on :
any bets on there being any riots at the next race?
Posted by Upside on :
Dwman, In addition to myself, Doc, Bill, Ed, Wallace, and Will are going to be heading your way soon. Again, if you'd like me to bring some Wisconsin corn fed beef, please let me know as we will be the ones eating it. I'll bring some tenderizer for your crow as well.
Also, if I've forgotten anyone (I'm sure I have) please call 1-800-BLK-BIRD and DW will reserve a spot at his table for you. Nothing like a friendly shareholder get-together! Who's bringing the lemonade?
Posted by Ric on :
Just think about this all that believe in naked shorting. How many billion shares a day would you need to dilute to get to a o/s of 703 billion? How can there be shorting when if only 1 billion a day was added it would only be 250 billion shares in a year excluding holidays and weekends. Double it to 500 billion because they gave themselves 1 share for each share dilute to maintain a majority. How in the world can you claim shorting when dilution made up half the avg. volume a day. So basically if 2 billion shares were added a day its only 500 billion shares a year so it would take a year and a half to dilute that many shares at 2 billion a day. 1 billion to float and 1 billion to owner. Remember if a MM was selling for CMKX then they would sell at discount to other mm and people would buy so there would be a buy an sell for the shares.
Posted by tic_toc on :
Posted by boised on :
quote:Originally posted by Upside: originally posted by Will:
quote:Can anyone explain that pig slop this Long Strong Jim wrote?
Sure, I can. He's saying that the 2000 or so shareholders are the "real" shareholders, or, the registered certificate holders. Everything else is naked shorted. But, take a look at what CMKX is under investigation for.Among other things, stock issuances and Rule 144 distributions. If he/she is right and the 703 billion are the only registered shares my guess would be that Urban issued restricted and/or unregistered shares well in excess of the 800 billion authorized, just like in Canada where they've been halted for the same thing.
Wow... after re-re-reading the SEC PR what you posted makes a lot of sense as I couldn't understand what restricted shares the PR was talking about from the SEC. Wow I hope he goes to jail for that or gets a severe beat down at the next races
Posted by boised on :
HAHAH FOX's new hit reality show: When Pumpers wake up!!
"PaltalkNews Re: Pump, pump, pump... God of Diamonds << Reply #17 on: Mar 4^th, 2005, 11:44pm >> [IMG]
member is offline ─────────────────────────γ 2;───────────────────────── 472;─────────────────────────& #9472;───────────────────────── ;─────────────────────
PM on Mar 4^th, 2005, 11:40pm, jaxnorth wrote:
Gender: Male Billabong show me where the company has released one PR about retiring shares since 2003? Also, did you not see Posts: 788 the A/S raised last summer to 800B? You have had plenty of time to sell and get out....it is your fault.
Yes, prior to 2003, retirement was talked about in PR's. After 2003, retirement was talked about by company IR. This is a fact. << Last Edit: Mar 4^th, 2005, 11:44pm by PaltalkNews >> Logged
"
Now paltalknews,,, the poor sap that would log in and report the nonsense in sterlings, has woken to reality and is preaching on how dissappointed he is is getting an ear full from the same people he pumped.. LOL
Posted by poorman on :
quote:Originally posted by will: Hey poorman, ltns, hope you're well.
I don't think your request to give it a rest will be granted nor should it be.
People that rabidly supported this stock and the means they used to do it should be openly discussed, so others can be on guard from their tactics.
Hey back Will Never was in this one, looked at it 10 months ago and just laughed. I glanced in at the thread once in a while and saw you and Wallace beating the pumpers up. I'm just tired of seeing this one at the top of my screen Hope your pic's are doing well. How did it ever work out on the 50 week low angle you were trying? Oh well talk to You again when we are in the same stock.
Posted by JohnnyRotten on :
Long and strong boys and girls.
700 billion at .0001 = market cap of 70 billion. Our gold in equador will equal or exceed that.
Any significant diamond or gold discovery will make us rise considerably.
Remember the basics of stock valuation, forget day trading. Forget the hype. Go back to value.
As a diamond exploration company we are a good value.
Posted by bill1352 on :
well just caught up on the last 2 pgs...left at 10 last nite..i had to stop laughing...Upside, ..DW is 1 of those i feel for so lets be nice. when we feed him the crow lets pluck the feathers first ok? maybe remove the talons too
ya know there could be naked shares out there but with 703 billion real shares covering would be easy. just think of the sell off when it starts trading again. i'm sure there are normal ppl like DW that own cmkx & will try and salvage at least a few hundred bucks. all the mm's would have to do is buy everything sold at .0001. you watch the volume when it reopens, i'll bet it doubles for a bunch of days. the pps will never move past .0002 & 75% of the trades will be at .0001. the faithful will of course be buying more at .0002 but that wont be enough to offset the selling. there could be 500 bilion naked but you'd need NASA computers to figure it all out with 703 billion real shares in the mix.
Posted by bill1352 on :
Long and strong boys and girls.
700 billion at .0001 = market cap of 70 billion. Our gold in equador will equal or exceed that.
Any significant diamond or gold discovery will make us rise considerably.
Remember the basics of stock valuation, forget day trading. Forget the hype. Go back to value.
As a diamond exploration company we are a good value. =========================================
have you been drinking the kool-aide all nite to come up with that?? Johnnyrotten??? should be brainisrotten. do you understand how the market works at all??? for a pps to go up the mm's need to start running out of shares. for that to happen with a 703 billion o/s every person in the U.S. & canada from newborne to laying on the death bed would have to start buying up shares. lets just say the pps did hit .01. thats $10K per million shares. you would need to have ppl willing to buy at least 20% of the o/s to move it to .011 or 140 billion shares or $140 million. we wont even start on figuring the money needed to get it to .01. ya really think the faithful has that kind of cash in the bank to buy that many shares??? nobody else will be buying because no sane person buys a stock with a 703 billion o/s take your cult crap elsewhere pal..its not wanted around here.
Posted by will on :
It's always something, bill. Now we know there's over a 100 shares per living person in the world, it's never mind the O/S, look at the value. OK "Remember the basics of stock valuation", value my ass! They're gone crazy. I guess losing your life savings or a good portion of it will make you think all kinds of weird sh*t.
Posted by boised on :
Posted by: cajun-la In reply to: None Date:3/4/2005 10:22:36 PM Post #of 144135
My e-mail was answered from andy, hope he doesn't mind me relaying his answer as it clarifies the pr. My e-mail follows his response, please excuse as it was written in anger
No that is not what it says at all. There is 703 bill. outstanding. There are 2032 shareholders who hold shares in cert form but the number of shares held by these people has not been divulged at this time, but it is part of the 703 bill. The remaining shares which has also not been divulged at this time are held by all other shareholders in street name, ie broker accounts, but again it is all part of the total 703 bill. Of course the total number of shareholders fluctuates on a daily basis. Of the total 800 bill authorized there is 97 bill which is unissued. Thank you.
mike@bellsouth.net wrote: can't you guys get it thru your heads that this is not a time to be vague in your pr's. what do you mean, all people not holding certs makes up 95bill. shares. once again the shareholders are clueles. A year and a half has made me tired of speculating on what you guys are thinking, this is not a game
Why didn't they give us the float?They never give a clear PR!It's always...We'll give you this much information,on this one part of it, and you have to figure the rest out for yourself.Pumpers and bashers,you may have at it now... It's that kinda deal every time!
It's been fun for me though,but I'll never look at the NHRA the same way again.Or any race car for that matter.LOL
I've seen alot of people freak out talking about CMKX.I think it has even driven some to go mad.LOL
[ March 05, 2005, 10:13: Message edited by: Highwaychild ]
Posted by will on :
"I think it has even driven some to go mad"
Go mad? These guy have been stark raving lunatics for a long time now.
"They never give clear PR!"
....and that was all I ever asked about. Why not be forthright and forthciming in your PR's? When clarity was avoided and ambiguity was embraced it only led me to believe the reason for not being clear was the truth was bad news.
Just asking the question, why the uncertaintity in their PR's earned you dismissal and labeled an idiot without capacity to understand this complicated situation. "The Master Plan", "Secrets from Compitetors", Secrets from the MM's", "Negotiations with the Regulartory Agencies", these are complicated things the average investor can't understand, only the chosen that bought over their brilliant heads.
Boy they sure had this figured out! LOL
Posted by bill1352 on :
i too would like more info highway...like how many shares were given to roger the dodger. my guess is that most of that 279 billion increase just before the dividend own by date went to him. as always those shares get sold directly to the market & fast. my guess is he held them till he got all the dividends & to the market he went. being the lawyer for USCA he probably got his restriction waved & those have been sold too. notice the steady drop in both GEMM & USCA's pps in the last 2 months. gemm had 1 run in there. look at almost all OTC & pink sheets, thats how they pay council as the filings call it. & what did CMKX get in return??? not 1 filing, not 1 report. but of course he did so much we never saw.
Posted by JohnnyRotten on :
You guys/gals aren't looking at this realistically. All you are doing is focusing on the huge OS number instead of the dollar value that comes to.
Someone could buy a billion shares and the dollar value would be a relatively small investment for some institution or big investor. Ten thousand isn't a huge investment.
So, the dollar value needed to drive the price up is not as daunting that you are using the OS number to make it seem.
Let's say they had an 703 to 1 reverse split bringing OS under to billion, and you owned 30 million shares, you would be left with,
42,674 shares.
If a diamond discovery of 5 billion dollars it would book at 5.00 share, and stocks trade at 2 to 3 times book.
10/share X 42,000 = 420 thousand dollars.
I think anyone who would give up such a return is a total retard.
It all depends on finding the goods.
Posted by glassman on :
Johnny LIVES would you buy stock from this man?
Posted by Highwaychild on :
Oh I've noticed Bill, but also noticed USCA has been on and off the Regulation SHO Threshold Security List.Mostly on,they're on there now. http://www.nasdaqtrader.com/aspx/regsho.aspx
That's one thing that is kind of fueling some wild ideas, IMO. Some peoples thoughts have been on NSS because they do seem to have a good case,but no proof for CMKX yet.But,all signs point to yes,IMO. How much or how little, who knows?
That's another thing I like more info. on. Instead of only putting the list of company names on there,if they would put what all, or who all put companies on that list,I think that the SHO List would much better serve it's purpose that way.
Posted by Ric on :
I have a simple question. If there was this huge o/s from dilution then how was there shorting?
Simple math
650 billion in dilution over a 1 1/2 year period.
Thats around 1 1/2 billion shares diluted a day (excluding weekends and holidays)
Figures half to float and half to management to maintain control.
But since buy/sell is doubled in pinks quote it brings us back to 1 1/2 billion
So 1 1/2 billion shares of the volume a day was from dilution.
I am sure a few people sold each day.
So where was there room for shorting? Looks to me to be impossible.
Just add it up, simple math.
Posted by JohnnyRotten on :
PS,
You can fiddle with the OS numbers to restructure everything,
you cannot fiddle with current market cap, it is what it is.
you cannot fiddle with the value of a diamond pipe, it is what it is.
When you look at it this is a good speculative investment. I don't think every investment should be this risky, but it is a good one if you want to use part of your portfolio that way.
It is better than investing in gay porno, which could cost us our souls. In that respect qbid is the riskier of the two in my book.
Posted by glassman on :
RIC, i was arguing that when the PPS war .0004....
think of this as financial "evolution"
Posted by JohnnyRotten on :
Wallace,
No I wouldn't, but the biggest scammers in history have been the clean cut enrons.
I am glad the OS came out and it confirms what we have known for a long time.
People here are acting like this is new info, you and I both know that most believed in a high OS because of the divvys, I held because of valuation. That was a choice made from a business market cap model.
Some held hoping there was some reason the OS was lower, I hoped it was but made my decision based on a 779 billion OS. It is very simple.
Prospective valuation / market cap gives you potential return.
5 billion / 70 million = 71.42
With one diamond discovery the size of shore gold's you get a pop of 71 times todays market cap if figured at straight book value.
The only risk is bankruptcy or going to no bid. The pps cannot go lower right now.
People need to drop the hundreds of billions OS crap and start figuring that in dollar value, it will give you a more accurate perspective.
Posted by bill1352 on :
i agree ric, still the idea of shorting is doing it to a company that is going under...hmmmmm ya think cmkx fits that mold???
as for rottenjohnny, you really need help. i'm a gambler in many ways but to get 30 million shares so the the coming r/s would leave me with enough shares to have some left after the r/s is foolish. first the mm's wont sell at .0001 often only .0002. they make money on the differance between sells & buys. since they aint buyin at .0002 they aint sellin at .0001. plus if you have 1 million shares & the r/s is 100K to 1 you end up with 10 shares. they better have serious results then or the pps will drop. as for not having an r/s & institutions buying 1 billion worth???...please to even suggest that insults every brain functioning person that reads it. no major company is going to buy a stock with a 703 billion o/s. i dont care how many diamonds or pounds of gold they mine. just having claims worth 350 billion to see a paper value of .50 is meaningless. you have to get those diamonds or the gold out of the ground & sold. if cmkx had a o/s of 500 million it would be a big risk but 703 billion!!!??? i don't think the english language has a word for how f'in stupid that is.
Posted by Wallace#1 on :
Johnny Come Lately,
What in hell are you thinking? There is no value! The claims are probably worthless and, at best, overvalued by insiders. There is no income to speak of. It appears that they have been getting funds by selling authorized shares out from under shareholders' noses. UC is the sole officer? UC and Maheu are the only directors? Conflicts of interest abound. UC has a questionable past record. CMKX is a Nevada registered company. Sneaky moves such as increasing the authorized. On and on and on.
Posted by Highwaychild on :
Some hardly any or no volume, but are on the SHO list.Looks like they can find a way to short 'em if they want to some how.But with a company getting shorted, it's not going to be all out in the open,and work out to be perfect math is it.I thought that's how a company gets on the list on the first place...when the math don't work out.LOL
[ March 05, 2005, 12:06: Message edited by: Highwaychild ]
Posted by bill1352 on :
now i do know a product cmkx could sell to make a 703 billion o/s have some value...the drugs these cult crazies are taking. can you imagine the numb feeling it has to give?? to have your brain shut down that far? it could cure war. who would fight? just dump huge amounts in the drinking water the world over. then send out a pr about cmkx causing world peace. ppl would be lining up for more drugs & cmkx shares the world over. we would see a $1 pps over night. to da moon!!!!
Posted by Ric on :
That might be true for those stocks. I mean if they had buyers and no seller of course they will short especially on low volume. But if the MM's have 1 1/2 billion share to try and get rid of each day then were is the incentive to short even if it was possible. Shorting just doesn't look possible here.
Posted by bill1352 on :
highway...notice how many have a Q at the end of the symbol? again the whole idea is to short a company going under & give it that final push over the bye bye brink. notice both USCA & GEMM on that list?? GEMM's parent company Diagmon or whatever says it has nothing going on with the GEMM claims except 1 with some diamonds. they aren't mining those diamonds just said they are there.
Posted by glassman on :
bill, that sounds like the Nam, and Afghanistan... LOL
Posted by bill1352 on :
i guess digmon or whatever isnt a parent company for GEMM, they just own the controling interest in everything GEMM owns, claim & mine wize
Posted by Ric on :
Still doesn't matter now. Since everyone knows the o/s is this huge then who will buy this and not need a labotomy. And even if there was some shorting which I can't see, when the stock starts trading there is going to be the largest dumping of shares the world has ever seen. And most will never get their sells to go through.
Posted by bill1352 on :
gless can you imagine the sales slogon?.... "Got terrorists? 1 glass of CMKX Kool-aide & they will forget what they are killing ppl for." Apply 2 glasses internally & they might blow themselves up.
Posted by bill1352 on :
sure they will RIC..if buy chance it is naked shorted & mm's are wooried just buy the dump at .0001 & its covered.
Posted by Ric on :
Have fun Bill. Might check in later to see the fun. Heading to the hospital.
Ric
Posted by bill1352 on :
good luck ric
Posted by Highwaychild on :
You guys make good points,thanks.
I don't have much compared to some,so it's really no skin off my back. I feel I got my moneys worth just from all the excitement.
But I can still hope for a sucker punch,can't I?LOL CMKX is behind in the tenth round (2 years worth of Filings). They need a K.O. to win!
Posted by bill1352 on :
highway..i hope something happens to get you out with a gain or at least even. the only reason i'm still posting is the cult. they will pump this till more ppl lose cash. some newbie will walk in not knowing the history & buy into their crap. i sold all but 62K worth middle of Dec. to take the losses on my 2004 taxes. i held that long to get the divy's hoping that 1 day i might end up even. who know on those POS's i'd say they aren't as bad as cmkx...lol
Posted by stalkandsnipe on :
Well, 700 B o/s, we have 2/3's the share structure..
A/S= 800 Billion O/S= 707 Billion Public Float= ?? ?? ?? + Valuation=?? ?? ?? ===================== Time will tell either way, good or bad.
Posted by will on :
What? Actually I think the 700B was mentioned months ago with the dividends, just not believed by the crazies. Confirmation came via, one of your ilk, noah, matter of fact. However, he took the opportunity to take the first clearly written PR these monkies have published in years, and tried to twist it into something positive. Good Luck salvaging this mess.
quote:Originally posted by stalkandsnipe: I'm the first to mention the 700 B o/s? Lol, Wallace is asleep at the wheel I suppose.
Posted by will on :
OH you edited your post.
Time for you to go collect more cans. You will be able to buy all you want at .0002 come St. Patrick's Day. Maybe he'll be here with his flowing robes and staff chasing the snakes, (bashers, lol), from the CMKX thread. Jesus, you ask why aren't these people forthright, and next thing you know you're labeled a paid basher trying to get their dogsh*t shares at a discount. Hey, they been on firesale for months. No one needs to bash this, they beat up themselves. If you still believe these people are palying fair with you, and truly looking out for you, and there is something positive going to happen, you're in serious trouble. Financial trouble depending on the amount you invested, or will invest, and mental trouble if you believe anything but the worse of this outfit.
Posted by will on :
I see you haven't loss your sick sense of humor. You were never so harsh with me personally, you usually saved that for my friend Wallace. However, I understand your extreme disappointment sense of loss now where you would be in the state of mind to spare no one. It's ok. You were never nothing more than a foul instruement used by the Christian faithful here that couldn't sullie their own name with vile remarks, so you were conveniently used. You will get older and wiser and hopefully find comfort in being your own man, and not feel the need to be used by others. Good luck, JB.
Posted by glassman on :
Originally posted by JBCak47 Try this site, we have a bunch of oil, gas and energy related topics and links. It is the USCI Shareholder Community Board! HTTP:// USCI . . COM
close up all the gaps in the address.
The site is for USCI however other oil and energy related discussions are talked about.
-John
[This message has been edited by JBCak47 (edited October 05, 2004).]
Posted by will on :
Here's another interesting post from another board that someone was kind enough to email me. Mater Plan Number 5. LOL
"posted on 3/5/2005 at 12:30 AM
The O/S number WILL GO DOWN! Please read why:
1) If you read today's PR that states "Of the 800 billion authorized shares of common stock, CMKX currently has 703,518,875,000 shares of common stock issued and outstanding to approximately 2,032 stockholders of record (excluding shares held in "street name")", it give me an immediate indication that out of the 2,032 stockholders a certain number of them would be Urban, Other CMKM Diamonds, Inc. executives, JV executives, and essentially any other INNER CIRCLE colleagues. The rest of these 2,032 stockholders (the majority), would be individuals such as the lay shareholders who ordered their certificates.
2) With the above being known, why would the O/S be so high with just 2,032 stockholders of record. That is because the above mentioned execs. and inner circle colleague hold, as I stated, the majority of the 703 billion plus shares for reasons that dealt with maintaining a majority of the overall shares that are out in the market (issued and NSS). The point being that Urban had to always be one step ahead of the NSS position so that he maintained 51% of the overall market shares, not the outstanding shares.
So what was the plan..........
3) Roger comes on board and sees this HUGE NSS problem and says to Urban that we need to raise the authorized shares from 400 billion (earlier last year) to 800 billion to maintain 51% of the shares in the overall market and thus prevent a takeover by a hostile entity. In order to do this, the majority of these newly A/S were issued for Urban and to those in his inner circle.
Therefore, CMKX Shareholders.........
4) The total count of shares in the market was kept track of by CMKM Diamonds (legit and NSS) and Urban and Roger always stayed one step ahead of the increasing NSS position. As long as controlling interest was maintained via %share ownership, the company was safe.
So what happened.............
5) Time elapsed so that Urban, Roger, and CMKM Diamonds, Inc. could be given a chance to have all of their t's crossed and i's dotted as they got ready to present everything to the SEC.
6) The day comes to present this to the SEC, and the SEC notices a huge difference between the issued shares and the total shares out on the market; hence manipulation and a LARGE NSS situation. Being that the SEC and the manipulators are hand in hand in many ways IMO and the manipulators have much to lose financially, the SEC temporarily halts CMKM Diamonds, Inc. to make sure the share numbers are correct and that their paperwork is in order and legit before they place CMKX on the SHO list and force the MM/brokers to settle the issue by covering until they get it down to the current PR'd O/S of 703+ billion.
Here is "The Plan" although IMO...........
7) Once the MM's play their initial keep the price the same or "no bid" games on March 17th to shake frightened shareholders out of their shares (due to the large O/S) to begin covering this huge NSS position and.......
8) The MM's over time start slowly raising the price to get more shareholders that are impatient or don't feel the price will go much higher to let go of their shares, the covering can move to completion. The MM's eventually get the shares down to 703+ billion. Once the number of shares out in the market match the current O/S, the O/S CAN BE REDUCED SIGNIFICANTLY (by 100's of billions) and Urban can still maintain 51% of the shares out in the market. Urban can do this by having these above stated CMKM Diamonds, Inc. execs., JV execs., and any other INNER CIRCLE colleagues return these issued shares and thus retire them. This retiring of shares can also occur with Urban himself. Then....
WHEN ALL IS UNSUSPECTING WITH CMKX TRADING.......BOOM!!!!!!!!!........
9) CMKM Diamonds, Inc. releases a PR of MEGA proportions announcing the retiring of billions of shares and a VALUATION/FINDINGS TO BOOT. By this point the SEC would have been saved from being in an "ugly" position in MANY ways, the MM's (who we need down the road whether we like it or not) would have finished covering at a higher but still reasonably low price, and CMKM Diamonds inc. will have their REAL O/S and trade like a fresh new company ready to make an impact in the market and the world of mining. Therefore, all parties are happy to some degree.
This is what I feel is going to happen. That being said, it is all IMHO so please take it as such."
Posted by Upside on :
Byrd is back!!! Now maybe we can all have some fun again!
Posted by glassman on :
how's you're USCI investment doing? almost as good as CMKX? LOL
Posted by stalkandsnipe on :
quote:Originally posted by Upside: Byrd is back!!! Now maybe we can all have some fun again!
Ohh come now. You all know I will be banned...
It's as sure as the sun rising...
Be safe everyone! Toodles!
Posted by Wallace#1 on :
JB
What was the name of that 3rd rate school (I am reluctant to call it a college) you go to? Did they throw you out yet? Flunked out, huh? Halfwits usually do!
Posted by Wallace#1 on :
JB
Still hanging out with you mama and sister I see. They must really enjoy your style!
Time for me to shower. Just typing posts to you makes one feel unclean.
Posted by stalkandsnipe on :
tHE THRID RATE SCHOOL?
Lol. Go visit your wife or something, which you can do by going to the Super 8 motel, about four miles away, room 22. Just knock, she'll come to.
Posted by glassman on :
don't you mean the days inn over on oyster bay rd?
Posted by stalkandsnipe on :
quote:Originally posted by glassman: don't you mean the days inn over on oyster bay rd?
Long Island's a big place Ass-man...
Don't think you are the only one who can google hotel/motels on Long Island...
Posted by glassman on :
LOL, looks like the mods are workin' overtime since you showed up again...i bet that gets on their nerves
Posted by ed19363 on :
quote:Originally posted by JohnnyRotten: You guys/gals aren't looking at this realistically. All you are doing is focusing on the huge OS number instead of the dollar value that comes to.
Someone could buy a billion shares and the dollar value would be a relatively small investment for some institution or big investor. Ten thousand isn't a huge investment.
So, the dollar value needed to drive the price up is not as daunting that you are using the OS number to make it seem.
Let's say they had an 703 to 1 reverse split bringing OS under to billion, and you owned 30 million shares, you would be left with,
42,674 shares.
If a diamond discovery of 5 billion dollars it would book at 5.00 share, and stocks trade at 2 to 3 times book.
10/share X 42,000 = 420 thousand dollars.
I think anyone who would give up such a return is a total retard.
It all depends on finding the goods.
Sorry, I have to stick my 2 cents in on this one.... IF A DIAMOND DISCOVERY OF 5 BILLION DOLLARS. You gotta be kidding. So far we know about 2 chips not big enough to make a diamond tipped drill from them. Where in HELL are you getting a 5 BILLION dollar find. The entire earth hasn't dug up 5 BILLION dollars worth of diamonds since the beginning of time !!!! You better stick to the good drugs, cause the ones you are taking are seriously warping your thinking power. Sheesh
Posted by Dustoff101 on :
..Everybody is missing out on the true value of this fraud..soap opera..swindle..scandal.However please don't use the word investment.
..HOLLYWOOD!!!!just look how well Martha is doing. u/c could have rockside chats while he is busting rocks in Prison.Then he could start paying us back from his new sit-com .Who knows maybe he could get Mike Moore to write for him.
Posted by TruthTeller on :
Wow.. Allstocks' version of jerry springer show is back Posted by Wallace#1 on :
Dusty,
Very few of the sub-penny stocks can be called investments. Usually it's either luck (lottery ticket) or a start-up company that finally makes it.
Posted by Bigrod40 on :
OK hold everything for a minute. All this bashing, lets just read the following for a moment, maybe some good is about to happen. --------------------------------------------------------------------------------------------------
With its reporting status reinstated, CMKX anticipates filing a number of significant corporate updates with the SEC in the upcoming weeks on Form 8-K. Investors and stockholders are encouraged to review these forms as they become available through the SEC's EDGAR database.
significant
Form 8-K A document required by the SEC to announce certain significant changes in a public company, such as a merger or acquisition, a name or address change, bankruptcy, change of auditors, or any other information which a potential investor ought to know about.
A report of unscheduled material events or corporate changes that could be of importance to the shareholders or the SEC.
Posted by Upside on :
8-K's can be used to report just about anything. First one will probably be Mahoo informing all of us that he urinated all by himself for the first time this decade, then he'll tell the SEC to go screw themselves, then he'll file an insolvency report.
Posted by Wallace#1 on :
How about this part of your post, Bigrod....."bankbuptcy"? It certainly must be in question.
Posted by lanebro on :
well this should come as no big surprise... Urban will be just fine when CMKM dissolves...running his Funny Car business, that he and Ron now OWN. No sponsorship, folks, he bought the damn thing. They ain't cheap, let me tell ya. Especially with no sponsor money coming in! LOL
Posted by Wallace#1 on :
One good guess where he got the $$$$s.
Posted by JohnnyRotten on :
tell us wallace with documentation
Posted by glassman on :
what was the per pass price again lanebro?
Posted by bill1352 on :
well ed has go the point i've been making for about 9 months now, since it leaked that the o/s was 400 billion & joel sold his 100 million & walked away. there isn't enough diamonds or gold in the world to give value to that many shares. debeers isn;t worth $350 billion & they own almost every major diamond mine in the world. and to that the fact that none of the mines in the area cmkx has claims is proven to have enough diamonds to be worth building a mine for. shore gold is close but not there yet. if debeers thought they had a $350 billion claim or anything close don't ya think they would be mining? if shore gold had a $100 billion claim don't ya think the samples they have tested would have been enough to move to the mining by now. last i read they had tested over 20 sample, bulk samples at that.. so take the valuation idea & stick it where the sun don't shine
Posted by will on :
Well, we fell undersiege by an old profane pumper rightafter I posted this, it might have gotten lost. Anyone care to comment on current fantasy?
quote:Originally posted by will: Here's another interesting post from another board that someone was kind enough to email me. Mater Plan Number 5. LOL
"posted on 3/5/2005 at 12:30 AM
The O/S number WILL GO DOWN! Please read why:
1) If you read today's PR that states "Of the 800 billion authorized shares of common stock, CMKX currently has 703,518,875,000 shares of common stock issued and outstanding to approximately 2,032 stockholders of record (excluding shares held in "street name")", it give me an immediate indication that out of the 2,032 stockholders a certain number of them would be Urban, Other CMKM Diamonds, Inc. executives, JV executives, and essentially any other INNER CIRCLE colleagues. The rest of these 2,032 stockholders (the majority), would be individuals such as the lay shareholders who ordered their certificates.
2) With the above being known, why would the O/S be so high with just 2,032 stockholders of record. That is because the above mentioned execs. and inner circle colleague hold, as I stated, the majority of the 703 billion plus shares for reasons that dealt with maintaining a majority of the overall shares that are out in the market (issued and NSS). The point being that Urban had to always be one step ahead of the NSS position so that he maintained 51% of the overall market shares, not the outstanding shares.
So what was the plan..........
3) Roger comes on board and sees this HUGE NSS problem and says to Urban that we need to raise the authorized shares from 400 billion (earlier last year) to 800 billion to maintain 51% of the shares in the overall market and thus prevent a takeover by a hostile entity. In order to do this, the majority of these newly A/S were issued for Urban and to those in his inner circle.
Therefore, CMKX Shareholders.........
4) The total count of shares in the market was kept track of by CMKM Diamonds (legit and NSS) and Urban and Roger always stayed one step ahead of the increasing NSS position. As long as controlling interest was maintained via %share ownership, the company was safe.
So what happened.............
5) Time elapsed so that Urban, Roger, and CMKM Diamonds, Inc. could be given a chance to have all of their t's crossed and i's dotted as they got ready to present everything to the SEC.
6) The day comes to present this to the SEC, and the SEC notices a huge difference between the issued shares and the total shares out on the market; hence manipulation and a LARGE NSS situation. Being that the SEC and the manipulators are hand in hand in many ways IMO and the manipulators have much to lose financially, the SEC temporarily halts CMKM Diamonds, Inc. to make sure the share numbers are correct and that their paperwork is in order and legit before they place CMKX on the SHO list and force the MM/brokers to settle the issue by covering until they get it down to the current PR'd O/S of 703+ billion.
Here is "The Plan" although IMO...........
7) Once the MM's play their initial keep the price the same or "no bid" games on March 17th to shake frightened shareholders out of their shares (due to the large O/S) to begin covering this huge NSS position and.......
8) The MM's over time start slowly raising the price to get more shareholders that are impatient or don't feel the price will go much higher to let go of their shares, the covering can move to completion. The MM's eventually get the shares down to 703+ billion. Once the number of shares out in the market match the current O/S, the O/S CAN BE REDUCED SIGNIFICANTLY (by 100's of billions) and Urban can still maintain 51% of the shares out in the market. Urban can do this by having these above stated CMKM Diamonds, Inc. execs., JV execs., and any other INNER CIRCLE colleagues return these issued shares and thus retire them. This retiring of shares can also occur with Urban himself. Then....
WHEN ALL IS UNSUSPECTING WITH CMKX TRADING.......BOOM!!!!!!!!!........
9) CMKM Diamonds, Inc. releases a PR of MEGA proportions announcing the retiring of billions of shares and a VALUATION/FINDINGS TO BOOT. By this point the SEC would have been saved from being in an "ugly" position in MANY ways, the MM's (who we need down the road whether we like it or not) would have finished covering at a higher but still reasonably low price, and CMKM Diamonds inc. will have their REAL O/S and trade like a fresh new company ready to make an impact in the market and the world of mining. Therefore, all parties are happy to some degree.
This is what I feel is going to happen. That being said, it is all IMHO so please take it as such."
Posted by bill1352 on :
rotten NOW YOU WANT DOCUMENTATION??? show us documantation to back any 1 of the so called facts you think you have. there is none...oh ya except 1....a 703 billion o/s. as for the SEC suspending trading to help cmkx???!!! to cure a naked short?? UC & insiders own 51%??? roger got that 279 billion shares for services rendered. & i hope he didn't use vasoline just like UC didn't to all the shareholders cause thats the only service he rendered. you watch the 8K's if & when they come. i'll bet 1 million cmkx shares there is a huge payment in shares to Roger Glen. & i bet it was done before the own by date for the dividends.
Posted by Dustoff101 on :
Wallace...do you day or swing trade.
Posted by bill1352 on :
i started Will ya want to continue???
Posted by Wallace#1 on :
quote:Originally posted by JohnnyRotten: tell us wallace with documentation
JohnnyComeLately,
"Ve don need no stinkin' documentation"....it's the only place that clown could get the $$$$s. It's logic. LOL
Posted by bill1352 on :
2) With the above being known, why would the O/S be so high with just 2,032 stockholders of record =============================
because very few ppl will order the certs ya moron. even the cult didn;t order certs for all shares so that when the mm squeeze started they could sell some fast. the true number of shareholders is probably 20 times that number
Posted by lanebro on :
quote:Originally posted by JohnnyRotten: tell us wallace with documentation
RottingMan, you are a real piece of work. Where do you think all the money went? Mining equipment? Accountants? LOL
Posted by will on :
I can't bill. I find this all so fantastic that these people are grasping at anything to fool themselves in believing that the wheels haven't fallen of the CMKX wagon. It's just nonsense, there isn't 1 share of CMKX shares shorted. Folks there's 703 BILLION out there. lol Even if someone or someones owned 51% thats still leaves 344 BILLION. Think about that number. Think about it this way, CMKX on an average day trades what? 2.5B Divide that by 344B , wow! A whopping .72 %, not even 1%, that isn't gonna move it off .0001 /.0002.
Posted by bill1352 on :
7) Once the MM's play their initial keep the price the same or "no bid" games on March 17th to shake frightened shareholders out of their shares (due to the large O/S) to begin covering this huge NSS position and....... =====================================
now when do you think that will be?? march 17th 2006 maybe??? do you really think everyone that owns cmkx shares are as drugged up as you?? many will hold on because why sell at such a loss. they might as well hold & see what happens. others will have sell orders in as fast as possible. the mm's will have no need to shake shares as you say. if they buy everything up for sale at .0001 they will cover
Posted by will on :
There's isn't anything to cover. 703B, think about it, every living person could get 117 shares of CMKX with thier birth certicate. There's enough to go around forever.
Posted by bill1352 on :
anyone remember roger mentioned in a pr since the own by date for the dividends? I dont. i'll bet he has been gone a long time now. maybe he was a stand up guy & saw the 500 billion a/s & an o/s getting close to that & said i'm outta here. pay me in shares now. if the lawyers mahoo brought in can get something filed in 2 weeks roger could have in 6 months. the o/s has been known all along, thats what t/a's do. that why you have 1. we will never know because the SEC will not say but i'll bet they suspended traded the moment the new lawyers handed them the o/s count.
Posted by bill1352 on :
i know that Will, every right minded person knows there isn't a naked short with a 703 billion o/s. but the christain thing to do is humor the mentally handicapped cult...lol
Posted by Dustoff101 on :
Wallace....do you day or swing trade was meant as a generalization not a direct separation of the two. also,what do you consider a short or long in referance to time any more. thanks
Posted by will on :
You know bill, it isn't a matter of being in a position of "I told you so". It is a matter of when are they going to accept reality, and wave the white flag, and come to the realization all is lost. I'm guessing it's when that $25,000 they chucked into this becomes worth about $25, then I'm still not sure if they will give it up, and admit they excercised poor judgement. They really need to apologize for luring and influencing people into putting their hard earned money into this wet dream.
Posted by bill1352 on :
Will now you need a dose of reality. when this thing r/s's they will dump more cash in because the o/s is so low. UC has a never ending cash cow its called selling shares. watch the o/s will be cut to well under 1 billion but the a/s will stay over 100 billion & of course the reason for that is to keep debeers from buying up all the shares & taking over the monster diamonds UC won't tell anyone about.
Posted by will on :
A never ending nightmare, Urban Casavant! How do they see this fella as being out for their interest. UNBELIEVABLE !!! The ironic thing I see with this is, maybe the conman got conned by a certain attorney. LOL
Posted by bill1352 on :
Consistent with CMKX's continuing efforts to furnish the investing public and its stockholders with current information and to quell any inaccurate rumors, CMKX has disclosed certain corporate information pertaining to its operations and corporate structure. ====================================
this is my favorite part of cmkx's pr. continuing efforts??? to keep investors informed??? they filed twice in 2 yrs?? i'd hate to see what they call once in a while.
"to quell any inaccurate rumors", the only inaccurate rumors were from the cult saying the o/s wasn't over 700 billion. its been said over & over by the so called bashers
Posted by Dustoff101 on :
I remember drinking a cold glass of Ice water when the web paqe[ christians for CMKX ] showed up.That one really put a Burrr under my saddle.These people are capable of nearly anything including organized crime alliance's.IMHO
Posted by Wallace#1 on :
Dusty,
I trade whatever way suits the stock at any given time. Penny and sub-penny stocks generally the same day or within a week or two unless they are making "net income". Others, I may hold for 6 mos. to a year. The latter might depend upon your age. Since I have retired, longer term investments hold little interest.
Short term for me is a day to a month. Long term is probably about a year, but if it looks really good will probably have it when I croak.
Remember, your investment strategy must also include your age as a factor. For long term, I look for profitable companies, consistent growth picture over a period of time (track record - 1 to 3 yrs and incl every Qtr.), a minimum of a 1.5 to 1 quick asset ratio, no long term debt and a high return on assets and equity. I don't think the industry means a hell of a lot except from a cyclical point of view.
CMKX, for example, could never have been anything but a very short term opportunity for me. Other than certain periods of momentum, it had nothing to recommend it. In view of the recent O/S announcement and the SEC suspension, I see it going nowhere ever....too much against it and management perpetuates the problems one after the other.
Why don't you have a PM box. Might be better to discuss there.
Posted by Wallace#1 on :
Dusty, there truly are some very fine and good Christians. They are just few and far between. I think dwman is an example of the best.
Posted by Dustoff101 on :
Wallace.. In my opinion ,your last two replies to my inquiry and statement were nothing short of excellent,my wife and I are thankfull. God bless you
Posted by Wallace#1 on :
quote:Originally posted by Dustoff101: Wallace.. In my opinion ,your last two replies to my inquiry and statement were nothing short of excellent,my wife and I are thankfull. God bless you
LOL Getting carried away aren't you? I don't deserve it!
Posted by will on :
Why don't you two get a room. LOL
Posted by Wallace#1 on :
Will, if we do, where do I tell you to go? Turkey!!!
Posted by Wallace#1 on :
Tired now, folks. Good night.
Posted by Highwaychild on :
So,March 2nd(last day it traded)- to February 2nd I'm coming up with 56,638,483,888 shares traded, if my math is right.And that really is a light month of trading for CMKX.On December 9th 2004, CMKX had 39,651,063,181 in one day,and with 5640 trades that one day!Not to mention how much there was traded around the dividend era.LOL
If the o/s has gone down, where has all this share accumulation come from?
[ March 06, 2005, 00:12: Message edited by: Highwaychild ]
Posted by Dustoff101 on :
Wallace..didn't mean to get so sappy ,darned near maple syrup.My wife was here when your reply came in, I must of re-acted to her saying [O what a wonderful old gentleman he must be ].
We all have moments when we can be influenced by a good woman. So ,I will just let it stand.
Posted by Thorn on :
I'll never listen to the Green Baron again. Fortunately, I never did before this. Posted by Dustoff101 on :
Thorn...to listen to Green Baron is one thing ,to act apon ANYTHING that is said is quite another.
Posted by Van_den_Berg on :
Hi folks,
i would like to ask several questions about the following from the SEC suspension release :
Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has any questions as to whether or not he has complied with the rule, he should not enter any quotation but immediately contact the staff of the Securities and Exchange Commission in Washington, D.C. If any broker or dealer is uncertain as to what is required by Rule 15c2-11, he should refrain from entering quotations relating to the securities of CMKM Diamonds until such time as he has familiarized himself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation for the stock of CMKM Diamonds that is in violation of the rule, the Commission will consider the need for prompt enforcement action. For questions related to the operation of Rule 15c2-11, please contact the Division of Market Regulation at (202) 942-0069.
Does it mean that when the suspension is over, no market maker can enter a quote in this security unless CMKX has delivered all missing filings since 2002 ?
Where is it going to trade ? In the grey market (Other OTC) ?
Or does it mean that it is not allowed to trade at all until CMKX has delivered all missing filings ?
Posted by bill1352 on :
van_den_berg....thats a normal add-on for every stock that is suspended. just like the bottom of every pr has a note about forward looking statements. as cmkx is on the pinks & there is nothing lower thats where it will stay. since they filed on the 15th they have 60 days to file everything. but as they said there is no way to file everything that needs to be in 60 days. every action will need to be filed. every deal including divy's & payment to lawyers. what has me wondering is UC stated he had no shares to get the GEMM divy or maybe it was the UCAD duvy in a pr. so with all those deals like st. george who voted? that might be why the increase from 500 billion to 800 billion but at the same time they had to pay roger some shares & i know that wasn't cheap. if it turns out UC or other insiders did not own 51% at the time the deals where made, not after the fact there will be h**l to pay. they may not be allowed to trade again this whole thing may go under. maybe mahoo may be given the company & UC is out. a public company can not do squat without a majority approval & UC said in a pr he held no shares, gave them away for 1 of the divy deals & the amount he gave could not have equaled 51%. this may be even more screwed up then even the bashers thought...lol
Posted by legaleagle on :
Repost from PB32
-------------------------------------------------------------------------------- on Today at 1:49pm, swordfish168 wrote:First off I have been thinking of this for a few days and decided to wait till the PAID Bashers had there chance at all of us. I hope you all saw it and are now immune to their effect. It will be done OVER and OVER again and again in the near future.
The time is now - this would seem like a total set up on our part for the ENDGAME !!
Here's my reasoning.
I think the endgame was set up in October of last year with the disaster at the party. We found out that the SEC was not on our side and had to take another approach to the whole situation. This was strike one against us. We were down for the count but up at the bell.
LOOK AT THE SITUATION SET BEFORE US - a recap first !!
CMKX has not done anything that I can recall to awaken the giants - SEC and MM till recently. 1) The announcement of a mistake 2 years ago that makes US fully reporting - to not find the mistake that long - WE ARE INCOMPETENT - not !! There is a theory running at this time that this caused the SHO effect and this is what stopped trading on Thursday - a coincidence to say the least !!!. Regardless this made CMKX a fully reporting company with obligations to deliver everything in 60 days. To even make this announcement means we have all the information needed and is waiting to be revealed. The great part of it is that WE had to release the information and the SEC/MM could not do anything about it. In fact the SEC had to support it as its the law. We then did not release any financial's at this time. We are incompetent again - NOT !! This was a warning that the time is up - better act soon. THEY DID NOT !! 2) Then there is Global announcing to investors that a pr with the companies numbers coming out on close of market on Thursday. I have never herd of such a thing before. Why make a announcement stating that a announcement will be made in a couple of days in the future. This was another warning saying your time is almost up but by then it was too late. The SEC halts trading of CMKX therefore not allowing the information out. I was told all information including FLOAT was to be released ( notice float is not in CMKX pr !!). It looks like we are incompetent but MAYBE NOT !! 3) Mahue on TV at this time was another major coincidence. I know you guys are claiming it had something to do with the MOVIE but the movie came out awhile ago. This made the INVESTORS feel like we had a new chief that was going to lead us to victory. Can you think of a better person or way for all of us to get to know him. Made everyone stay strong -like CMKX knew the future was going to try investor patience. 4) The CMKX pr gave another chance for a DEAL to be struck and everyone walk away. It did not tell anything that we didn't know and did not tell us the important number - the FLOAT. Also the bottom of the pr gave CMKX a way of changing all the information at a later time if it wanted to. This way the pressure is still on all parties to deal. This made CMKX look incompetent again. MAYBE NOT !!. What a badly written pr - I could have done a better job.
For a company like CMKX to remain quiet for so long and then to do so many mistakes in such a short time and have someone take control who is a fighter and NEVER loses or rarely makes a mistake is hard to believe. OR IS IT !!
I think that all along CMKX new that the forces against them were going to win. Look at MLON - a total scam and yet it was never halted !!!. CMKX and UCAD were and to this day (and in the future we will never truly know why ). The SEC has a obligation to PROTECT the stock market and INVESTORS. They do not care about the companies. That is just a causality of war in their opinion.
Is Urban a great guy that wants to make us all rich. Yes he does because it serves his purpose also. That's the BEST reason to support him !!.
All along everything has been done to make us all stay in the stock and NOT sell a share. The dividends, potential, great pr's (which have no effect on pps but makes ALL hold STRONG and buy more and more. This also GREATLY increases buying and our number of investors increase dramatically), the races, media coverage etc... We are a force of MANY, that is vocal and cannot be swept away as easily as companies have been. THIS IS WHAT IS MAKING SEC DEAL WITH US AT THIS TIME. Not the company, assets etc - The ARMY that URBAN has set up !!.
All along GLENN tried to do it the right way with everyone's cooperation - this failed. Then MAHUE said that's it we will go to war. Glenn had to back off because it may effect other dealings in the future with SEC regarding CMKX or other firms.
WE FORCED THE HALT ON CMKX - here's why it was done and what is happening as we speak !!
FIRST A RECAP - CMKX pps cannot go lower - CMKX has to be allowed to trade again - CMKX information must be released - CMKX information will have SEC approval after halt ends just by the fact that they are looking at the information now. This means that if information is released the stock pps will spike and NOT be halted like UCAD was. MAJOR OUCH FOR MM !! - CMKX will not have a r/s as the recent pr proved a MASSIVE naked short to everyone in the world. With a NNS a r/s would just take the price down to .0001 again. - Bashers are stating CMKX will never trade again - all the SEC can do is fine us for our mistakes it cannot close you down. MLON should have been closed down !!. If bashers true then its over and why are they posting.
Imagine when we start trading again and all that great information must be released and it cannot be stopped or halted again.
I believe all parties are aware of the stakes involved.
I am sure that this was methodically planned and orchestrated to occur at this time and place.
I also believe that CMKX will not see .0001 or .0002 after the halt ends or within weeks after. MM might want to try and get our shares again - thats why paid bashers still around at this time. The stock is not trading they should be on vacation.
I also believe that it would be hard for MM to short CMKX after halt ends as SEC has to now HELP CMKX to hide what's happened from the public (it would be a disaster for BUSH plans).
I also believe that maybe the extra 300 billion shares has been sitting in reserve for a deal at a future time - JUST A HUNCH !!.
Will we have the spike or a buy out !!. That I do not know at this time !!
I AM SURE WE WILL HAVE ONE OR THE OTHER - THAT I AM POSITIVE OF !!
I HAVE SPOKEN MY PEACE !!! - tell me your opinions as I am curious !!
PUMPERS - I AM STILL ONE OF YOU !! PAID BASHERS - DROP DEAD !! BASHERS - DONT BE SO DOWN !! NEWBIES - ALL IS WELL !!
I think we will win this war as I cannot see a way for it to end otherwise !!.
be long !, be strong !, best, mike @swordfish168@
P. S. another reason for the timing, in my opinion, is that the restricted shares become unrestricted in a few months. I am sure there are pr's that have been waiting on these for ALONG time that have to be released way before the share become unrestricted. More importantly TAX day is April 15 th and even though people would have been stupid to take the taxes lose at the end of last year I could see ALOT of people who would be inclined to sell CMKX to pay their taxes by then.
Posted by Van_den_Berg on :
Bill, thanks.
It doesn´t really answer my questions, but it was worth a try. I checked all the Boards on CMKX and i found this one to be the most serios.
I do not have any experience in suspended Pink Sheets, i am also not invested, i am just asking for a good friend who is not able to write in english.
The BoD will always have control over the company through the preffered stock.
In 2002 as they were trading under the Symbol CMKI they had 3 Million preferred shares with 1 share issued. The 3 Million preferred were canceled, but i could not find anything about the conversion terms of the 1 share preferred.
In an old filing there is the following statement :
Preferred Stock
The Company's Certificate of Incorporation authorizes the issuance of "blank check" preferred stock with such designations, rights and preferences as may be determined from time to time by the Board of Directors. Accordingly, the Board of Directors is empowered, without stockholder approval, to issue preferred stock with dividend, liquidation, conversion, voting or other rights which could adversely affect the voting power or other rights of the holders of the Company's common stock. In the event of issuance, the preferred stock could be utilized, under certain circumstances, as a method of discouraging, delaying or preventing a change in control of the Company, which could have the effect of discouraging bids for the Company and, thereby, prevent stockholders from receiving the maximum value for their shares. The Company has no present intention to issue any shares of its preferred stock. However, there can be no assurance that preferred stock of the Company will not be issued at some time in the future.
I unstand it the way, that UC can authorize and issue preferred stock with a by him determined conversion ratio anytime he likes, without shareholder approval. Is that right ?
Posted by Ric on :
I love that they are using float now as an excuse to 703 billion in O/S. IT DOESN"T MATTER WHEN YOU HAVE 703 BILLION in O/S. Get real. Market Cap isn't from float its O/S and that determines a companies value. Also just the thought of a 703 billion O/S runs every potiential professional investors out of the game. Daytraders won't even touch this and they are the usual runners in this market. No hedge fund or mutal fund would touch this. Without them this can never move and never will with that large of a o/s. You are being dilusional if you believe otherwise. It counldn't move before the truth so how can you expect it to now knowing the truth.
Posted by Ric on :
By the way. The SEC can't shut you down? Maybe not in that sense but they can pull your registration and you can't trade in the public market. Also you obviously can't read. No where was there any mention of NSS in the PR. And with that nasty looking PR if there was NSS going on they would have let us known to cover there azz. Also if the float looked good they would havve mentioned it also. And twisting the street name to make up this lie is pretty low in my opinion.
Ric
Posted by Ric on :
Another good point about this. With this type of dilution that means UC was making around 350,000 dollars a day selling stocks. Why would he care if there was diamonds in there hills.
1 1/2 billion volume from dilution so that 750,000,000 actual shares that the MM's bought each day and resold to the public. You figure that UC got between .00004-5 for the shares would mean $350,000.00 a day to suckers like us. I mean stockholders. He knew he would be caught some day. He had to be that smart if he came up with this great deception. So, that money will make him be happy for a long time without our help now. He's sitting back laughing just thinking about the small fine he will have to pay and the lose of the registration. Thinking time to retire. Thank you for all my money.
quote:Originally posted by Ric: I have a simple question. If there was this huge o/s from dilution then how was there shorting?
Simple math
650 billion in dilution over a 1 1/2 year period.
Thats around 1 1/2 billion shares diluted a day (excluding weekends and holidays)
Figures half to float and half to management to maintain control.
But since buy/sell is doubled in pinks quote it brings us back to 1 1/2 billion
So 1 1/2 billion shares of the volume a day was from dilution.
I am sure a few people sold each day.
So where was there room for shorting? Looks to me to be impossible.
Just add it up, simple math.
Posted by CashCowMoo on :
so then what about the show the trader? or USCA and GEMM are they scams also? they have good stake in CMKX
all im sayin is the game isnt over yet so dont count your chickens before they hatch.
scam or no scam .0004 IS likely or higher.
you can still make money and thats what its about.
i have made good money in scam stocks before.
the MLON run and a long time ago in IBZT
Posted by CashCowMoo on :
CMKX SHARES FOR EVRYBODY WORLDWIDE BABY CMKX TAKIN OVA THE PRINTIN PRESS!
GOT INK? GOT SUSPENSION?
i couldnt help myself! i got 20 mil shares and im holding to the end. win or lose!
Posted by bill1352 on :
after reading that repost from legel i was overwhelmed...i GOT to get some of that kool-aide these clowns drink. think of the possibilites...you lose your job, drink the kool-aide & you'll believe you got a promotion & a raise. your dog dies, drink the magic liquid & the dog is up runnin & had puppies. ya get told to kiss off by a sexy female & bam, 2 super models can't keep their hands off you. of course soon they would be foreclosing on everything you own because the checks you wrote would bounce for lack of funds, the dog would start stinking cause you wouldn't know to bury it & you'd wear the skin off your hand thinking it was 2 models but you'd never know, if fact it wouldn't even be your fault. it would be those lousy banks or the city for bad sewer systems, they may have been sexy but they were sure lousy in bed.
Posted by glassman on :
moo, we do try to help YOU.... you can lead a bull to water, but you can't make him drink..
best wishes to yoo too mooooooooooo
Posted by will on :
I don't know if these people understand the magnitude of a billion. To give it a little perspective look at it this way:
If these shares were printing one at a time one per second it would take 11.5 days to print a million. To print a billion it would take 32 years. To print 703 billion it would take 22,496 years.
Now does that help anyone understand the magnitude of 703 billion O/S?
Posted by Upside on :
And what speeds do printing presses run at my ex-friend?
Posted by will on :
1 share per second.
"If these shares were printing one at a time one per second"
Posted by Upside on :
So.
Posted by will on :
Just trying to make it clear how large a number 703 billion is. For those that haven't or can't get their mind around the enormity of the O/S.
quote:Originally posted by Upside: So.
Posted by Upside on :
Multiple printing presses maybe.
Posted by TruthTeller on :
WOW.. 15 pages in 3 days for a 0001/0002 non trading stock.. March madness Posted by ed19363 on :
You may as well give up on Legal....if this guy isnt a paid pumper, then paid pumpers dont exist. I just wish he would take his bull**** elsewhere, I'm getting sick of reading his theories.
Posted by bill1352 on :
ed...i just want the rights to their kool-aide...lol
Posted by will on :
I like that he is here. Gives me a chance to see just how desparate people can get. I love reading that tripe. LOL
quote:Originally posted by ed19363: You may as well give up on Legal....if this guy isnt a paid pumper, then paid pumpers dont exist. I just wish he would take his bull**** elsewhere, I'm getting sick of reading his theories.
Posted by Wallace#1 on :
Come on, you guys! Give legal a break! He just walked the beat too long and his brains went to his feet and burned out from the hot pavement or maybe he forgot to wear his uniform hat and they got cooked. LOL No offense, legal. j/k
PS: Shsssssss! Can you hear it? sizzle, sizzle, sizzle
[ March 06, 2005, 21:46: Message edited by: Wallace#1 ]
Posted by lanebro on :
Just a quick note to let you all know this is getting bigger by the day at the drag racing sites! Here's one I found interesting.
The Security and Exchange Commission has temporarily suspended trading on shares of CMKM Diamonds, Inc., also known as Casavant Mining Kimberlite International, Inc. The SEC temporarily suspended trading because of questions that have been raised about the adequacy of publicly available information concerning CMKM Diamonds' assets and liabilities, mining and other business activities, share structure and stock issuances, and corporate management.
Casavant Mining (CMKX) sponsors CMKXtreme Machines and the Funny Cars of Jim Dunn and Jeff Arend, the Pro Stock Bike of Connie Cohen and the Ford Speed Truck of Lee Hatch. *****At the recent Winternationals one CMKXtreme drag team member told the Agent that a few other team members, who originally received shares of the CMKM penny stock, had recently returned their shares in lieu of the current cash equivalent value.*****
No word yet from any drag teams on how this suspension of trading may effect their racing plans. (Jeff Burk photo) [3-4-2005]"
Posted by Wallace#1 on :
lanebro,
"At the recent Winternationals one CMKXtreme drag team member told the Agent that a few other team members, who originally received shares of the CMKM penny stock, had recently returned their shares in lieu of the current cash equivalent value."
Mighty interesting!!! Wonder what the cash value was? And who authorized "giving" them the stock in the first place and how many shares? Where did they come from.....Treasury or Authorized and Unissued? And just to support UC's hobby? Geeeessssuuusss Chrrryyyyyyssssstttt! What hasn't that clown pulled to date?
Thanks for the heads up!
Posted by lanebro on :
quote:Originally posted by Wallace#1: lanebro,
Mighty interesting!!! Wonder what the cash value was? And who authorized "giving" them the stock in the first place and how many shares? Where did they come from.....Treasury or Authorized and Unissued? And just to support UC's hobby? Geeeessssuuusss Chrrryyyyyyssssstttt! What hasn't that clown pulled to date?
Thanks for the heads up!
I think UC got a tad skeered that these guys might beat the helloutta him for offering a worthless stock in lieu of pay, aye? Funny it happened JUST 3 weeks before the BIG news!
Oh, and by the way, even though the term "owner" was mentioned at NHRA.com, no one at CMKXtreme will actually admit it's the truth. I think someone's in deep s**t for letting that out! Us drag racers don't miss much Posted by Wallace#1 on :
Man!!! That SOB isn't going to be able to show his face anywhere soon without getting a mob attack. LOL Serves him right!
Posted by Ric on :
High profile SEC investigations: at least on this board. Which is next?
USCI in Dec MLON in Feb TFCY in Feb CMKX in March
So whos next in the big boys of the sub-penny world? My bet is PRRM, dilution happy lately, they seem to be following CMKX's lead. jmho
Ric
Posted by Wallace#1 on :
They sure didn't miss much in the following qualifications in the Forward Looking Statement:
CMKX's actual results could differ materially from such forward-looking statements because of factors such as: impact of the temporary halt in trading on CMKX's stock price; impact of the halt on CMKX's operations; uncertain further regulatory scrutiny; the current state of operations; unavailability of documentation and corporate records; changes in the number of outstanding shares of common stock and number of stockholders of record; the impact of failing to meet the 60-day filing requirement; timing necessary to comply with reporting requirements; lack of adequate internal controls; unforeseen capital deficiencies; unavailability of insurance; changes in the mining and metals environment, including actions of competitors; the effectiveness of CMKX's development and drilling programs; regulatory and legal changes; and other risks associated with companies in similar industries. CMKX undertakes no obligation to publicly update or revise any forward-looking statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
SOURCE: CMKM Diamonds Inc.
CMKM Diamonds Inc. Andrew Hill, 306-752-3755 or 877-752-3755 cmkxir@mail.casavantmining.com ***********************************
A good number of those qualifications exist right now! By the way, the above came from CMKX's most recent release.
Posted by legaleagle on :
Suspended CMKM Diamonds Comments, Brings in Robert Maheu, Rumors of Tender Offer (financialwire.net via COMTEX) -- March 7, 2005 (FinancialWire) CMKM Diamonds Inc. (OTC: CMKX) commented on the 10-day suspension in the trading of it stock and revealed that it had hired former Robert Maheu, formerly in charge of the Howard Hughes empire when the latter was alive and considered the world's richest man, to assist the company in its compliance efforts.
There is also an unconfirmed rumor that the company, which claims only 2,000 shareholders and which observers believe believe may have more than 67,000 shareholders holding "nakedly short," or counterfeit shares, could have a cash tender offer possibly engineered by Maheu before the suspension ends.
At $0.01, or $350 billion, observers believe such a tender could bankrupt the market as the 2,000 real shareholders force a buy-in.
The company said its temporary suspension will expire on March 16 at 11:59 p.m. EST and trading in CMKX is anticipated to resume on March 17, 2005, adding:
In its reasoning, the SEC stated it had concerns over the adequacy of publicly available information concerning CMKX's assets and liabilities, mining and other business activities, share structure and stock issuances, and corporate management. Further, the SEC was concerned that CMKX may have unjustifiably relied on a Form S-8, filed in May 2003, to issue unrestricted securities and that CMKX and/or certain of its stockholders may have unjustifiably relied on Rule 144(k) of the 33 Act in conducting an unlawful distribution of its securities that failed to comply with the resale restrictions of Rules 144 and 145 of the Securities Act.
CMKX has been in discussions with the SEC in relation to the SEC's inquiry into another public company that has done business with CMKX. In this process, CMKX has provided the SEC with substantial documentation, much of which spans back to transactions and stock issuances in 2002. It is believed some of the information provided raised concerns with the SEC sufficient enough to cause this temporary suspension of trading. CMKX anticipates a formal request for documents to be issued by the SEC in the near future.
"The SEC did not provide us with any notice of the temporary trading halt," stated Urban Casavant, CEO of CMKX. "This was an unwelcome surprise, especially since our counsel has had ongoing dialogue with the SEC."
According to the SEC's Web site, www.sec.gov , "The primary mission of the SEC is to protect investors and maintain the integrity of the securities markets." Consistent with this mission, Casavant specifically engaged Maheu to assist CMKX in its compliance efforts. "Like the SEC, protecting our investors is a primary concern. We have been aggressively gathering the essential information needed to comply with our public disclosure obligations and anticipate working with the SEC to ensure our compliance with all federal regulations," stated Maheu, co-chairman of CMKX.
"We are not letting these regulatory matters impede our primary focus of creating stockholder value through the mining and development of our mineral assets," stated Maheu. CMKX is continuing to search for additional property claims in Canada and monitor its holdings in Ecuador.
On Feb. 17, 2005, CMKX filed an amended Form 15 to reinstate its reporting obligations under the 34 Act. SEC regulations require CMKX to file, within 60 days after the date of the filing of the amended Form 15, all reports which would have been required had the original Form 15 not been filed. CMKX has not been provided a waiver, "variance" or any other relief by the SEC for complying with the 60-day requirement. In fact, due to the overwhelming number of reports that need to be filed, coupled with the necessary financial statement preparation, CMKX will not be able to comply with the 60-day requirement. Management does not believe the filing of the amended Form 15 had anything to do with the SEC's decision to temporarily suspend trading in its common stock and continues to aggressively do everything within its power to comply with its 34 Act reporting requirements.
With its reporting status reinstated, CMKX anticipates filing a number of significant corporate updates with the SEC in the upcoming weeks on Form 8-K. Investors and stockholders are encouraged to review these forms as they become available through the SEC's EDGAR database.
The SEC's Web site further discloses, "The laws and rules that govern the securities industry in the United States derive from a simple and straightforward concept: all investors, whether large institutions or private individuals, should have access to certain basic facts about an investment prior to buying it." Casavant reiterated, "We understand the importance of supplying accurate information to the public and have made it our top priority to uncompromisingly disclose all material corporate information as soon as it becomes available."
Consistent with CMKX's continuing efforts to furnish the investing public and its stockholders with current information and to quell any inaccurate rumors, CMKX has disclosed certain corporate information pertaining to its operations and corporate structure. Of the 800 billion authorized shares of common stock, CMKX currently has 703,518,875,000 shares of common stock issued and outstanding to approximately 2,032 stockholders of record (excluding shares held in "street name"). In addition, effective March 1, 2005, CMKX has relocated its executive office address to 5375 Procyon St., Suite 101, Las Vegas, NV. Lastly, CMKX's current officer is Urban Casavant (CEO/President/Secretary/Treasurer) and current directors are Urban Casavant and Robert A. Maheu (Michael Williams will join the board of directors upon CMKX's obtainment of D&O insurance).
Investors and stockholders are being asked to please refrain from contacting the company, the SEC, NASD, the Transfer Agent and/or Stoecklein Law Group to allow them to focus on completing the tasks at hand. All corporate updates will be made in press releases and filed in current reports on Form 8-K as they become available.
CMKX also said it would like to repeat the SEC's statement of, "At the heart of effective investor protection is an educated and careful investor" and encourage its stockholders and other investors to visit the SEC's Web site, which it said offers the public a wealth of educational information.
FinancialWire is an independent, proprietary news service of Investrend Information, a division of Investrend Communications, Inc. It is not a press release service and receives no compensation for its news or opinions. Other divisions of Investrend, however, provide shareholder empowerment platforms such as forums, independent research and webcasting. For more information or to receive the FirstAlert daily summary of news, commentary, research reports, webcasts, events and conference calls, click on http://www.investrend.com/contact.asp
(C) 2005 financialwire.net, Inc. All rights reserved.
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Posted by Highwaychild on :
Posted by Bigrod40 on :
They can have all of mine right now for a penny, Oh yeah!!!!!!
However 350 Billion dollars tells me my shares are worth .50, which is50 times better....LOL
Posted by ed19363 on :
.01???? I would sell at .01 in .0001 of a second.
Posted by Wallace#1 on :
Should be fun to watch it today. Maybe it will go up to .50. LOL
Posted by lanebro on :
"There is also an unconfirmed rumor that the company, which claims only 2,000 shareholders and which observers believe believe may have more than 67,000 shareholders holding "nakedly short," or counterfeit shares, could have a cash tender offer possibly engineered by Maheu before the suspension ends."
Unconfirmed rumor? Good job Agent 1320!!!!!
Posted by Dustoff101 on :
TEMPERARY HALT ON OPERATIONS?????? What operations .Drag raceing. ?
Posted by Wallace#1 on :
Dusty,
Surprised someone (such as my friend Will) hasn't yet basterdized (I know how to spell it) your ID to "Dustmop". LOL Hope I am not starting something.
Posted by Dustoff101 on :
Maybe he will come in drag to try and avoid being reconized.
Posted by legaleagle on :
THE NEWS STORY IS APPARENTLY A FAKE AND A PLAGIARISM. COPY AND PASTE OF THE "BUSINESS WIRE" STORY OF MARCH 4, WITH A NEW LEAD PARAGRAPH ATTACHED.
My wife had to fly back East to North Carolina sunday on a family matter.Sooooo..she won't be able to influence me in a charitable way. I tried to explain to her that gentleman was quite a stretch around Wall Street !!!!!.Go figguurr she ain't a hearr ebbbeer days.
Posted by Dustoff101 on :
WALLACE HENRY!!!!My post above was directed at you.!!!!!!
Posted by Livios on :
quote:Originally posted by Dustoff101: WALLACE HENRY!!!!My post above was directed at you.!!!!!!
I know that!! With your wife gone, bet you are getting some lousy cooking. LOL
Posted by Dustoff101 on :
WALLACE HENRY???? AH HAHH You admit it!!! as far as eating. A fresh 6pound STEALHEAD TROUT for dinner!!.Barbacued in lots of butter and as much salt and pepper as I WANT.Can't leave out the beer ,cranking up the stereo and chasing the DAMN Cats out of the house.AH YES life is good.
Posted by Dustoff101 on :
HENRY WALLACE AS IN FDR
Posted by Wallace#1 on :
Dusty,
"A fresh 6pound STEALHEAD TROUT for dinner!!."
It's rather clear you are not one of those preparing crow!
Posted by Wallace#1 on :
quote:Originally posted by Wallace#1: Should be fun to watch it today. Maybe it will go up to .50. LOL
Did I say that? Forgot already that it was suspended! Sign of age!
Posted by Dustoff101 on :
Henry Wallace.....Crow would have been pheasant compared to what I have had to eat around here pertaining to CMKX.
Posted by Dustoff101 on :
Henry Wallace...generally the mind is the last thing to go. There is a small river about 10 minutes from my house that has a good run of winter stealhead. If you don't get a Steelhead the first few cast's at my hole,you generally have to come back after sundown. I generally nail one of them ,when they are running ,at first light.There is a large rock in the middle of the fast water, a couple of them will generally hold there overnight its bank fishing so up and down the river you go when you get a hook-up!!!!
Posted by pappy on :
HEY DUSTOFF I AM BY THE CLACKAMAS HOW ABOUT YOU?
Posted by Dustoff101 on :
PAPPY I feel sorry for you man.TO MANY PEOPLE UP THERE.If I TOLD YOU WHERE I AM I WOULD HAVE THE SAME PROBLEM!!!!!!!!!!
Posted by Dustoff101 on :
Pappy...I do know a minning engineer up in your neck of the woods,when I asked him about CMKX.... when he stopped laughing, I told him I still held some long he told me ,,,,,please please stop///.
He was laughing so hard he had tears in his eyes and snot comming out of his nose oh ya I have paid my due's on this stock!!!!!!!
Posted by pappy on :
I am still paying.I have this stock for about a year.IF I loose on this it wont be the first time. For now there not much I can do expect hope that cmkx will still do something othere than go bankrupt. For now wait and see and just go fishing.
Posted by Dustoff101 on :
WALLACE,PAPPY....just got off the phone with my wife, she read something about a misqitoe magnet in the on board magazine [continental airlines].I told her to keep mag on the return flight. It might be interesting the DOD likes it, the thing works, the company is makeing money , unit price is comming down from 1200 to about 400 dollars per unit.I am DDING NOW ,OUT.
Posted by Dustoff101 on :
AMERICAN BIO-PHYSICS LOOKING FOR A SYMBOL COME ON WALLACE THANKS
Posted by Dustoff101 on :
wallace....Lynette Durant engineer on project Misquito .com large unit 12k possible Home Depot connection.
Posted by dwman on :
quote:Originally posted by Dustoff101: WALLACE HENRY???? AH HAHH You admit it!!! as far as eating. A fresh 6pound STEALHEAD TROUT for dinner!!.Barbacued in lots of butter and as much salt and pepper as I WANT.Can't leave out the beer ,cranking up the stereo and chasing the DAMN Cats out of the house.AH YES life is good.
Can I have some trout too? This left-over crow is really getting hard to get down.
Posted by bill1352 on :
mahoo buying cmkx for $350 billion???!!!!...ok we need to start drug testing before someone can post. you can buy debeers for $350 billion...hell you could buy Walmart for $350 billion or at least most of it
Posted by bill1352 on :
dw...just don't sell when it starts trading...look at all the cash you'd be missing out on...lol. really sorry about the crow but better you then me...lol
Posted by Dustoff101 on :
Dwman...replace it with Pheasant[the crow]just don't tell poor old Henry Wallace.As far as sharing my fish, sure ,just as soon as you learn how to splel like I do.
Sure would like to see an IPO on American Bio-Physics.
Posted by Ric on :
Bill your right about Wal-Mart, heres the break down.
Wal-Mart has a 4.2 billion O/S at $53 a share which is 223 billion dollars for Wal-Mart.
$223 billion for Wal-MArt $350 for cmkx. roflmao, really can't stop laughing. Please stop.
quote:Originally posted by bill1352: mahoo buying cmkx for $350 billion???!!!!...ok we need to start drug testing before someone can post. you can buy debeers for $350 billion...hell you could buy Walmart for $350 billion or at least most of it
Posted by TruthTeller on :
You are right about that, Bill. Check out the math though. If you multiply 703B by 0.01, you get $7.03B. Where did he get $350B from? Is that guy trying to say there is an NSS of 35 T shares? LOL
quote:Originally posted by bill1352: mahoo buying cmkx for $350 billion???!!!!...ok we need to start drug testing before someone can post. you can buy debeers for $350 billion...hell you could buy Walmart for $350 billion or at least most of it
Posted by Doctoall on :
Does anyone know why E-trade changed the ticker symbol from CMKX to CMKM in our portfolios ?
Posted by Dustoff101 on :
SPECIAL ANNOUNCEMENT.....We can eat now .CDC recently agree's to reanimate thier position on the American diet. Sooooo, we are not all going too die from eating.Bring on the Crow,Turkey,Geese and yes the t Trout!
Posted by bill1352 on :
ya know that walmart comment was a off the top of my head smart ass thing...& i'm still more realistic then the morons dreaming up stuff on cmkx...who'd a thunk it. anyway i'm sure that was a typo, probably $350K. UC goes bankrupt because those evil mm's have him stuck & the SEC isn't helping & sells everything for $350K which is probably more then its worth...lol
Posted by tarq3 on :
Not Directly CMKX news but deals with shorts and the DTC: SCORE ONE FOR THE GOOD GUYS..
DTCC Ordered To Produce Trading Records / FinancialWire®
March 7, 2005 (FinancialWire) The Depository Trust and Clearing Corp., in a shocker that could have far-reaching repercussions in the naked short selling scandal known as StockGate, has been ordered by a New York state court to produce trading records for Eagletech Communications (OTC: EATC). The DTCC has been accused by many of acting with impunity, and is hardly a role model for unconflicted governance. Its 21 directors include Bradley Abelow, Managing Director, Goldman Sachs (NYSE: GS); Jonathan E. Beyman, Chief Information Officer, Lehman Brothers (NYSE: LEH); and Frank J. Bisignano, Chief Administrative Officer and Senior Executive Vice President, Citigroup / Solomon Smith Barney's Corporate Investment Bank (NYSE: C). The largely unregulated DTC has become something of a defacto Czar presiding over the entire U.S. markets system, wielding more day-to- day influence and control than the SEC, the NASD and NASDAQ combined. Transparency is not of the DTCC's strong suits. In the past it has stonewalled all requests for full and complete trading records. The DTCC's two preferred shareholders are the New York Stock Exchange and the NASD, a regulatory agency that also owns the NASDAQ (OTCBB: NDAQ) and until recently, the American Stock Exchange. Eagletech was represented in the winning motion by the law firms of Christian Smith & Jewell of Houston, Texas and Koerner Silberberg & Weiner, LLP, of New York City. Eagletech is a plaintiff in a stock manipulation action pending in the state of Florida. Attorney Wes Christian commented: "This is a significant victory in our on going battle to bring restitution to our clients for the brazen manipulations that were perpetrated against them. Our ability to obtain these records is essential. The judge's clear ruling takes us further down that road." Other DTCC board members include Michael C. Bodson, Managing Director, Morgan Stanley (NYSE: MWD); Gary Bullock, Global Head of Logistics, Infrastructure, UBS Investment Bank (NYSE: UBS); Stephen P. Casper, Managing Director and Chief Operating Officer, Fischer Francis Trees & Watts, Inc.; Jill M. Considine,Chairman, President & Chief Executive Officer, The Depository Trust & Clearing Corporation (DTCC); Also, Paul F. Costello, President, Business Services Group, Wachovia Securities (NYSE: WB); John W. Cummings, Senior Vice President & Head of Global Technology & Services, Merrill Lynch & Co. (NYSE: MER); Donald F. Donahue, Chief Operating Officer, The Depository Trust & Clearing Corporation (DTCC); Norman Eaker, General Partner, Edward Jones; George Hrabovsky, President, Alliance Global Investors Service; Catherine R. Kinney, President and Co-Chief Operating Officer, New York Stock Exchange; Thomas J. McCrossan, Executive Vice President, State Street Corporation (NYSE: STT); Eileen K. Murray, Managing Director, Credit Suisse First Boston (NYSE: CSR); James P. Palermo, Vice Chairman, Mellon Financial Corporation (NYSE: MEL); Thomas J. Perna, Senior Executive Vice President, Financial Companies Services Sector of The Bank of New York (NYSE: BNY); Ronald Purpora, Chief Executive Officer, Garban LLC; Douglas Shulman, President, Regulatory Services and Operations, NASD; and Thompson M. Swayne, Executive Vice President, JPMorgan Chase (NYSE: JPM). In their comments to the U.S. Securities and Exchange Commission regarding Regulation SHO in January, the 50 state regulators, through their association, the North American Association of Securities Administrators (NASAA) issued what many consider to be a strong warning that if the DTC is not dealt with in the final regulations, state regulators such as New York State Attorney General Eliot Spitzer may step to the plate. In what many considered to have been explosive comments, Ralph Lambiase, NASAA president and Director of the Connecticut Division of Securities, warned "NASAA urges the Commission to reconsider its stance regarding the role of the Depository Trust and Clearing Corporation (the DTC). As a threshold matter, NASAA believes that the Commission should explicitly prohibit the DTC from lending more shares of a security than it actually holds. The ability of the overall proposed rule would be severely impared unless the Commission undertakes to implement such a prohibition." This is one of dozens of lawsuits filed by the same law firm. Many of the pleadings allege that the DTCC operates a "stock lending" program that aids and abets illegal naked short selling, and in doing so, takes in almost $1 billion annually
Posted by Dustoff101 on :
TARQ3...Thats the mother of all posts today...so far ,anyhow.Looks like Spitzer is taking a look after all.
Posted by bill1352 on :
i do hope that some court with balls steps to the plate & shuts this naked shorting down, its hard enough with OTC & pink sheet companies diluting every chance they get but for the market to join in on the printing press party is killer for too many of us traders
Posted by bill1352 on :
ok 1 more post today & i'm done..lol Green Baron has spoken...lol
CMKM Diamonds, Inc. (PK: CMKX)
News Alert after close 03-05-05: CMKM Diamonds Comments on Temporary Trading Suspension
More than once, CMKM Diamonds CEO Urban Casavant told us at The Green Baron Report that we would be “pleasantly surprised” when the outstanding share count was released. We are surprised, but not pleasantly. To be fair to Urban, we will hold off on all comments at this time and will offer him one more FREE chance to step up and answer questions and speak to his shareholders through a Green Baron hosted CEO webcast. Urban promised at one time to conduct webcasts every two weeks once the company became fully reporting for fear of SEC issues. During the10 day SEC halt, speaking to shareholders should not be an issue.
Are we throwing in the towel at this time? ABSOLUTELY NOT! However, it is time for the Company to step us and talk about potential valuation, drill results, and other developments that might help support a solid valuation. Our offer to CMKM Diamonds to conduct a webcast is open to Mr. Casavant, his directors, or his legal counsel. We believe it is time for the Company speak more openly, and we are providing the venue to accomplish just that.
=======================
does anyone else get the idea UC is clueless??? sort of like he had 1 million shares attached to his business cards? might be how the racing team got their's.
Posted by Highwaychild on :
So true.If I never make another dime on this again,I would just hope that CMKX could shed some light to the masses on just how big and how bad naked shorting is for all traders.
Posted by Dustoff101 on :
Highway..this thing is going to be settled in Fed, court room, and thats that.
Posted by Ric on :
YOU CANT NAKED SHORT A STOCK THAT DILUTES 1.5 BILLION SHARES A DAY. Geez, people. This Naked Short theory is hogwash. They diluted to many shares for there to be shorting. Get a life.
Posted by Highwaychild on :
Ric do you, Got CMKX? If not, why do you come here everyday?Sounds to me like YOU need to "get a life".
Posted by Ric on :
See, all you do is attack. There is no proof of naked shorting. But they did admit to 703 billion O/S which is 630 billion in a year and a half from dilution. That averages 1.5 billion shares a day. And you don't dilute to yourself. Its a 1 for one, every share that goes to float you give yourself to protect majority. This has gone on too long and will soon be over. But the only thing that people can come up with to make themselves feel better is this outragous theories that has no proof or backng to stand on. All we know for sure is the dilution happened at a mind blowing rate to 703 billion. You can't hide that now. I can show proof of dilution, wheres the proof of naked shorting?
Posted by tarq3 on :
We can show that there is a huge O/S. Can we say that the shares hit the market???? Nah we don't know. We don't even know whom holds aLL these shares. At this point it can go either way. Who knows. Can only wait and sEE. Time will teLL the tail.
Posted by Highwaychild on :
I'm not attacking you Ric.I just found your "get a life" comment a bit hypocritical,that's all.As far as the NSS,well it's not my job to prove it.Is it yours?
Oh Well,back to my life.LOL
Posted by Ric on :
Why issue shares that don't hit the market? That silly. A/S is for protection you only issue shares for revenue to raise capital. Your trying to say that a company that makes no profits, yet sponsors a race car and pays for high priced help just issued stocks but didn't sell them? Thats the silliest thing I ever heard. It common sense here. Not rocket science.
Also it was made clear by the SEC that it was investigating the way the company issued shares not others.
"The Commission temporarily suspended trading in the securities of CMKM Diamonds because of questions that have been raised about the adequacy of publicly available information concerning, among other things, CMKM Diamonds’ assets and liabilities, mining and other business activities, share structure and stock issuances, and corporate management."
Posted by ed19363 on :
Arguing without facts and name-calling accomplishes absolutely nothing. Why dont we all calm down and wait for the 17th, or longer?
Posted by Wallace#1 on :
Ed,
What fun would that be? Save me the trouble of checking a map.....where's Oxford, PA? I know it's in PA.
Posted by ed19363 on :
50 west of Philly on the MD border. We are proud of BOTH of our stoplights. They tell us indoor plumbing is on the way....
Posted by bill1352 on :
truth is naked shorting is a huge problem but i can't see how either with cmkx. first we do have a clue as to at least UC's shares. remember? he didn't get the divys because he used his shares to, get this, not dilute the stock? that was 6 months ago. now since then yes he could have built up a large amount but as Ric points out the last filing has the o/s under 500 million. that was just 2 yrs ago & 702.5 billion shares ago. do the math. 6 months ago UC told us he had no shares of common stock. the a/s was 500 billion so the most he could have gotten of common stock is the 279 billion added 3 days before the own by date. i wish i could go back that far & find that pr but i dont have their list & nobody keeps them that long on stock info sites. i tryed to point that out then but was called crazy for it. it might have been the st george deal too for the $10 million in cash. now UC might have some new preferred stock that we were not told about. with large voting rights. if not 3rd grade math & the prs tell you UC does not own 50% of the stock thus the rest was sold on open market. Who do you sell naked shares to when that many are there to be & have been sold? why sell naked shares when there is an endless supply of real shares & all you get naked is .0001? mm's aren't stupid. they aren't risking it for .0001.
Posted by legaleagle on :
My conv. w/ div. of market regulation (SEC) CIM Diamond Finder
member is online
Posts: 65 My conv. w / div. of market regulation (SEC) « Thread started on: Today at 2:46pm »
-------------------------------------------------------------------------------- I just spent 20 minutes on the phone with a young lady who works in the Division of Market Regulation for the SEC.
I ask her "What is the SEC's definition of O/S"? She was very polite and explained to me "Stock currently held by investors, including restricted shares owned by the company's officers and insiders as well as those held by the public."
I ask her if the shares in investors brokerage accounts were included in the O/S? She said "Yes, any shares that the company issues would include the shares in peoples brokerage accounts."
I ask her if a company puts out a PR that has the wording (excludes shares from "street name") does this indicate that the shares are not apart of the O/S? She ask " what company are you referring to"? I said "It doesn't matter, I just had a general question." After going around this subject for quite sometime, she gave in and repeated the above answer that I had earlier posed regarding the O/S.
I then had a question concerning the shares in the Brokerage accounts and if they would be covered if they were naked shorted, her tone of voice changed like someone had turned on a switch.
She ask me if I was talking about CMKX? I would not tell her and just tried to use examples of any company and not 'CMKX' that she was eluding to. She said "Every company was different". I ask her what she meant by making a statement like that? She said well, if your talking about CMKX then we are not allowed to talk about them and we would be talking an entirely different issue.
I said that I didn't want to talk about any company in particular just wanted to know if shares in a brokerage, if they were naked shorted, would they be covered? She tried to stay away from answering this direct question and kept eluding to CMKX.
Now, she had my attention! I ask her what would make CMKX so different then any other company? She said that she could not tell me because they were halted from trading and could not go into any discussion concerning CMKX. I again went back to the naked short question and ask her if investors were covered, if it were determined that there was a naked short issue with the brokerage accounts. She said "Absolutely,they would settle through the DTCC just like any other share."
I was still curious about CMKX and her statements concerning why they were different so I tried to go into those particulars. Again, she would not tell me and said "CMKX is a unique situation and there were fundamental issues with the company that had to be answered" (I assumed that since she said fundamental issues, that she was talking about filings and claims)
At this point I decided to tell her that I was connected with the National Coalition Against Naked Shorting. She knew now that I was going to get into the subject of Illegal Naked Shorting in general and giggled.
She said, NCANS has raised some issues with this subject and there is definately alot of buzz around the office. and you can bet that the SEC is looking into alot of the issues that the group have raised and the SEC encourages people to speak out on legitimate issues on both sides of the issue concerning naked short selling.
(I found it quite interesting that she referred to the National Coalitition Against Naked Shorting as 'NCANS')
I kept hitting her with questions concerning Illegal Naked Short Selling and she kept coming back to me with how much the SEC was behind the investors and wants to stop the abuses in the market. She said she was very happy that people were getting involved and she wishes more people would write and call their congress to get them involved and knew there was a growing base of concerned people.
I said you better believe we are growing and we are not going to stop until we win, and REG SHO was a joke!
She said they were seriously looking at REG SHO and how they could change it because there is a growing concern with the public as the public is starting to understand and educate themselves on the abuses.
I wanted to let her know that I was a balanced individual and explained that I understood and continue to understand that there are also Scam public companies that were also stealing money from the investors. She seemed to be very receptive and quite relaxed once she realized that I was not just seeing one side of the equation.
She said it takes open minded people from both sides of the issue to correct the past and current issues that plaque the market. I definately agreed with her assessment and she agreed with mine as well.
The remaining time was spent conversing about how people needed get involved before changes were made and encouraged us (investors and the General public) to get the word out on the concerns we have with the illegal Naked Shorting issue.
We also talked about Social Security and how this issue will determine if privatizing is the way to go. We both agreed that this would be the opportune time for all of us to get involved so we would end up with the best plan.
Cheers
CIM
I edited this to clean up some grammer and spelling errors.
"I just spent 20 minutes on the phone with a young lady who works in the Division of Market Regulation for the SEC."
You going to tell me this person risked there job to talk about a ongoing investigation by the SEC?
And like the other rumors that can't be verified. This is big, I say. Made up looking PR's, conspiracy theories, and rich men making money off investors that care about us. Wonder if NBC needs a new soap opera. This is bigger then Who Shot JR.
[ March 07, 2005, 21:16: Message edited by: Ric ]
Posted by Ric on :
"The Commission temporarily suspended trading in the securities of CMKM Diamonds because of questions that have been raised about the adequacy of publicly available information concerning, among other things, CMKM Diamonds’ assets and liabilities, mining and other business activities, share structure and stock issuances, and corporate management."
Lets see, I read that they are investigating whether there are mines. Do they have assets, and CMKX's business activities. CMKX's share structure and how they issued them. And investigating the management. Still haven't read were the SEC is investigating naked shorting.
Ric
Posted by ed19363 on :
Legal, I just spent an hour on the phone with my ex-wife's sister, and you know what? She told me the exact same thing....you think maybe they're related??
Posted by Wallace#1 on :
Does anyone remember the number of shares they claim to have repurchased as well as the total number of Treasury Shares way back last year? Somehow, I seem to remember a figure in the 70's billion or million. If it was in the 70's bil, that would explain the difference between the 703 bil I/O vs the 779 bil we have been figuring. I could be way off here too.
Posted by Ric on :
CMKM Diamonds Inc., a stalled pink sheet promotion suspended by the U.S. Securities and Exchange Commission (SEC) last week, has disclosed that it has more than 703.5 billion shares issued and outstanding.
Many of the company's cult-like Internet followers are now retooling their fantasies about the subpenny pink sheet company headed by Saskatchewan native Urban Casavant and recently appointed co-chairman Robert Maheu, an 87-year-old ex-spook and former gumshoe who once worked for Howard Hughes.
The suspension
Citing concerns over the adequacy of publicly available information regarding just about everything that an investor should be able to find out about a company, the SEC pulled the plug on CMKM by issuing a temporary suspension on March 3.
Evidently the U.S. regulator has questions about CMKM's "assets and liabilities, mining and other business activities, share structure and stock issuances, and corporate management."
Those questions should hardly be surprising, given that CMKM has been delinquent in its reporting obligations for more than two years, as noted in the SEC suspension.
The U.S. regulator is also concerned that CMKM "may have unjustifiably relied on a Form S-8 to issue unrestricted securities."
Under U.S. regulations, reporting companies that are current with their filing obligations can issue shares as compensation to employees and consultants, disclosing the issuances on a Form S-8.
As previously reported by Stockwatch, on May 2, 2003, CMKM disclosed in an S-8 filing that it had issued consultants James Kenny and Timothy Cammell each 530 million free trading shares.
While the total 1.06 billion shares reported in that filing is a relative drop in the large bucket of shares issued by CMKM, the company was already delinquent in its reporting obligations at that point.
Of course, the exact nature of the SEC's concern over the S-8 filing is not known, so it may turn on something other than just a timing issue.
In any event, the U.S. regulator is sensitive to the possibility of S-8 abuse. In the past, the SEC has prosecuted some unscrupulous operators for fraudulent share issuances to so-called consultants and employees who turned out to be just fronts for dumping shares.
The U.S. regulator is also concerned that CMKM "and/or certain of its shareholders" may have conducted an illegal distribution of securities "that failed to comply with the resale restrictions of Rules 144 and 145 of the Securities Act."
While it remains to be seen whether those concerns will be satisfactorily addressed, it is clear that heavily traded CMKM issued hundreds of billions of shares while ducking its reporting obligations. As Stockwatch has reported a number of times, Mr. Casavant's pink sheet promotion had a staggering 779 billion shares outstanding last fall.
After providing its standard caution to brokers, dealers, shareholders and prospective purchasers to carefully consider the information in the suspension notice along with other currently available and subsequently issued information, the regulator took the unusual step of providing a dedicated SEC telephone number and e-mail address for anyone with information relating to this matter.
The telephone number for the CMKM investor line at the Pacific regional office of the SEC is 323-965-4519 and the e-mail address is cmkmdiamonds@sec.gov.
The response
On March 4, CMKM offered its comments on the SEC trading suspension. After restating the concerns outlined by the U.S. regulator, CMKM provided its take on what triggered that development.
"CMKX has been in discussions with the SEC in relation to the SEC's inquiry into another public company that has done business with CMKX," the March 4 news release noted. "In this process, CMKX has provided the SEC with substantial documentation, much of which spans back to transactions and stock issuances in 2002.
"It is believed some of the information provided raised concerns with the SEC sufficient enough to cause this temporary suspension of trading. CMKX anticipates a formal request for documents to be issued by the SEC in the near future."
There is very little doubt that the unidentified public company that is the subject of an SEC investigation is U.S. Canadian Minerals Inc., which is closely associated with CMKM. Indeed, CMKM and U.S. Canadian Minerals seem to be at the centre of a maze of paper shuffling and cash sloshing amongst several companies.
U.S. Canadian Minerals was itself suspended by the SEC on Oct. 28, 2004, the same day that the Saskatchewan Financial Services Commission issued a cease trade order against CMKM and Mr. Casavant that is still in effect.
In issuing its suspension against U.S. Canadian Minerals last year, the U.S. regulator acknowledged the assistance of the National Association of Securities Dealers, the Saskatchewan Financial Services Commission and the U.K. Financial Services Authority, indicating that its initial inquiries spanned at least three countries.
"The SEC did not provide us with any notice of the temporary trading halt," Mr. Casavant rather curiously remarked on March 4. "This was an unwelcome surprise, especially since our counsel has had ongoing dialogue with the SEC."
While the suspension may have come as an unwelcome surprise to Mr. Casavant and many of the company's starry-eyed shareholders, for some critics of CMKM the surprise lies in the fact that the SEC did not take action much earlier.
Quoting from the SEC's website, CMKM's March 4 news release went on to note that the primary mission of the U.S. regulator is to protect investors and maintain the integrity of the securities markets.
"Consistent with this mission, Casavant specifically engaged Robert A. Maheu to assist CMKX in its compliance efforts," the March 4 release went on.
That is the basically much the same job description for a task that was assigned to highly touted securities lawyer D. Roger Glenn of Edwards & Angell last June.
Evidently Mr. Glenn did not make much headway on that assignment. He was replaced by lawyer Donald J. Stoecklein soon after Mr. Maheu joined CMKM's board of directors in February of this year.
"Like the SEC, protecting our investors is a primary concern," the newly appointed Mr. Maheu stated on March 4.
"We have been aggressively gathering the essential information needed to comply with our public disclosure obligations and anticipate working with the SEC to ensure our compliance with all federal regulations," Mr. Maheu continued.
"We are not letting these regulatory matters impede our primary focus of creating stockholder value through the mining and development of our mineral assets," CMKM's octogenarian co-chairman of a month said.
The March 4 news release went on to discuss the ramifications of an amended Form 15 filed by the company on Feb. 17.
As previously reported by Stockwatch, on July 22, 2003, CMKM filed a certification with the SEC claiming that it had less than 300 shareholders of record, something that effectively exempts a company from reporting obligations.
As disclosed on Feb. 17, however, the original Form 15 was inaccurate; CMKM had more than double the previously reported number of shareholders of record at the time and the company should have been filing all along.
"SEC regulations require CMKX to file, within 60 days after the date of the filing of the amended Form 15, all reports which would have been required had the original Form 15 not been filed," CMKM reported on March 4.
"CMKX has not been provided a waiver, 'variance' or any other relief by the SEC for complying with the 60-day requirement," the company disclosed.
In spite of the fact that CMKM has been touting its efforts to become fully reporting for almost a year, and particularly since it hired Mr. Glenn last June, the company evidently does not think it will be able to fully comply with SEC reporting obligations any time soon.
"In fact, due to the overwhelming number of reports that need to be filed, coupled with the necessary financial statement preparation, CMKX will not be able to comply with the 60-day requirement," massively diluted CMKM reported on March 4.
However, the company does anticipate "filing a number of significant corporate updates with the SEC in the upcoming weeks on Form 8-K." Simply put, those forms are used to disclose material changes. CMKM last filed a Form 8-K on April 25, 2003.
CMKM's March 4 news release went on to draw again from the SEC's website.
"The laws and rules that govern the securities industry in the United States derive from a simple and straightforward concept: all investors, whether large institutions or private individuals, should have access to certain basic facts about an investment prior to buying it," CMKM quoted from the SEC website.
While that is indeed "a simple and straightforward concept," it is not a concept that CMKM has put into practice.
After signing the inaccurate Form 15 that inappropriately dropped CMKM into non-reporting obscurity two years ago, Mr. Casavant stopped providing financial statements and other basic information; issued approximately 100 press releases, many of them long on vague promotional puffery and short on meaningful details; issued hundreds of billions of shares without so much as a peep to shareholders; and, among other things, gagged the company's transfer agent.
With the SEC now breathing down his neck and the company expecting a formal demand for production of documents, it appears that Mr. Casavant has experienced some type of epiphany.
"We understand the importance of supplying accurate information to the public and have made it our top priority to uncompromisingly disclose all material corporate information as soon as it becomes available," Mr. Casavant declared on March 4.
Evidently in keeping with the recently embraced "simple and straightforward concept" of providing basic facts to investors, CMKM disclosed that the company currently has more than 703.5 billion shares issued and outstanding.
While that is whopping outstanding total, it is down from the staggering 779 billion shares that were outstanding last fall, thanks largely to the Dec. 18, 2004, repurchase of 75 billion CMKM shares from Nevada Minerals Inc.
The March 4 news release also disclosed that the massively diluted pink sheet promotion is headed by an executive team of one. Mr. Casavant is the chief executive officer, president, secretary and treasurer.
The one-man operation is backstopped by a two-man board of directors consisting of Mr. Casavant and Mr. Maheu.
According to the March 4 news release, former Snoop Doggy Dog associate Michael Williams will join the board of directors when the company obtains "D&O insurance."
Finding an outfit willing to underwrite a directors and officers liability policy for a massively diluted subpenny pink sheet company under SEC scrutiny may prove something of a challenge.
Before wrapping up its March 4 news release, CMKM made another plea to investors.
"Investors and stockholders are being asked to please refrain from contacting the company, the SEC, NASD, the Transfer Agent and/or Stoecklein Law Group to allow them to focus on completing the tasks at hand," the company requested.
Given that both the NASD and the SEC invite communications from the public and, moreover, the SEC has specifically invited contact from anyone with information regarding CMKM, the company's plea on behalf of the regulatory agencies may be misguided.
Rounding out its March 4 commentary with another gesture of good corporate citizenship, CMKM encouraged its shareholders and other investors to visit the SEC website, "which offers the public a wealth of educational information."
The reaction
As previously reported by Stockwatch, CMKM has an estimated 50,000 to 70,000 shareholders, including a large number of Internet followers.
While there are a dozen or more stock message boards dedicated almost exclusively to CMKM, some of them heavily censored to keep out criticism of the company, many of the company's most devoted followers congregate by the hundreds on PalTalk, a site that offers both text and audio messaging in virtual rooms.
Several PalTalk rooms are devoted to CMKM, but the largest and most popular room on the site is Sterling's Classroom, which can accommodate 1,000 people. Named after CMKM tout Major Sterling Collins, the room is home to the largest congregation of the company's cult-like Internet followers.
Among the fantasies embraced by the PalTalk faithful was the notion that CMKM had a very low number of outstanding shares; some starry-eyed investors even professed a belief that there were no outstanding shares at all.
Accurate reports that the company had 779 billion shares outstanding last fall were dismissed out of hand and anyone with the temerity to suggest that there were in fact hundreds of billions of shares outstanding would be virtually tarred, feathered and run out of the PalTalk refuge from reality on a rail.
The March 4 disclosure by CMKM that more than 703.5 billion shares were issued and outstanding might have rattled a less devoted bunch, but not the PalTalk faithful who make run-of-the-mill massive conspiracy theorists look like a bunch of unimaginative pikers.
Some of CMKM's PalTalk followers quickly seized upon an awkward parenthetical comment in the company's disclosure of the outstanding shares.
"Of the 800 billion authorized shares of common stock, CMKX currently has 703,518,875,000 shares of common stock issued and outstanding to approximately 2,032 stockholders of record (excluding shares held in 'street name')," the March 4 news release stated.
That was quickly interpreted to mean that 2,032 shareholders held more than 703.5 billion certificated shares, leaving the number of shares in street form, which is how the vast majority of investors hold shares, excluded from the number of issued and outstanding shares reported by CMKM.
That shaky interpretation, to put it charitably, is still firmly held by many of the PalTalk faithful.
On more solid ground, other CMKM PalTalk followers point out that the float is still unknown.
Moving from solid ground to gossamer speculation, however, the many of company's PalTalk faithful incorporate the unknown float into a refashioned fantasy, claiming that there is really no float at all. Mr. Casavant and members of his family, they claim, have purchased the float.
At the root of these fantasies is another strictly held tenet among CMKM's cult-like PalTalk followers: there is a massive naked short position in CMKM.
Many of the CMKM PalTalk faithful are firmly convinced that the SEC is colluding with the Depository Trust and Clearing Corp., the National Securities Clearing Corp., market makers, offshore hedge funds and others to mask a huge naked short position.
There is, of course, no evidence of a significant short position, naked or covered, in the massively diluted pink sheet promotion that has been changing hands at two-100ths of a U.S. penny and less for months, but fantasies do not rest on evidence.
Late on March 7, with seven trading sessions remaining in CMKM's 10-day suspension, more than 600 of the company's PalTalk faithful were still holding their Internet fantasy vigil.
CMKM last traded on March 2 when approximately 3.2 billion shares changed hands and the stock closed at two-100ths of a U.S. cent.
However, the lady in the checkout lane at the supermarket says we're all dead....who to believe....wow
Posted by ed19363 on :
Hey, ya gotta love that Webb guy...he hit the nail right on the head, including the "fantasy" remarks about the koolaid swillers.....ROFL
Posted by bill1352 on :
I nominate Ric's repost from stockwatch the post of the month...lol stockwatch said in a more elaborate way just what most in here have been saying. & he used more proof then legel has to back it up...prs, the sec's own statements & a basic knowledge of how "street accounts" work, in other words "Stock DD" 101. even threw in what we have said about Roger the dodger, did nothing since June but i'll bet he got a huge number of shares & before the divys. only question left is who gets jail time & how much. if i had a say in it the leaders of paltalk & a few other boards would be sharing a cell with UC.
Posted by dwman on :
TO DSA MOON (whatever that means)
The moon is blood red and going down. We're all gonna die! Goodnight friends.
Posted by dwman on :
WAIT!!!! The moon is not red and it's not going down. Perhaps we won't die afterall.
Posted by dwman on :
How in the world did Niel Armstrong ever hit that tiny little object in the sky? Maybe we should hire him to run ...you know... that company.
Posted by Dustoff101 on :
Soooo...its official we are not going to die if we eat food ?????
Posted by Ric on :
Below is information and links regarding the "seedy" past of Stockpartol.com.
Posted by: zeninvestor32 In reply to: None Date:10/21/2004 11:37:29 AM Post #of 19062
READ THIS
Great find by Nuffy on the CMKX thread. Read this and you will never believe another word from Stockwatch "journalists" again. Note the initial comment from the Supreme Court of British Columbia "the conduct of the defendants in the conduct of this action and in the manner on which it reported on the proceedings was sufficiently reprehensible as to merit an award of special costs." Also, this was great: "the Mudry [stockwatch"reporter"] articles were one-sided, harsh and contained extravagant epithets such as the characterization of Dr. Ager as "a peddler of worthless salted property"". LOL Oh just read it. It's a hoot. And pretty good insight into whether or not you should read one word of Lee Webb.
Also for another hoot, check out this link, wherein poor little Canjex Publishing, owner of Stockwatch cries and cries about how poor they are and how this suit will possibly bankrupt them because they have nooooo money. I leave it up to you, the reader, to decide if you think Stockwatch is really a penniless, no-asset company or simply a shell for the much larger short hedge funds to continue to publish hatchet jobs with impunity on stocks they could be shorting. You know MY opinion.
Bernstein was the founder of StockPatrol and see what the guy has done to the history of mankind...
In May 1999, Mr. Bernstein, too, pleaded guilty to securities fraud, conspiracy and perjury and agreed to forfeit $850,000 in illegal profits. He prepared to testify when Mr. Pace came to trial on charges of secretly controlling Sterling Foster and prospering from its roughly $200 million in fraudulent business. That did not become necessary. Mr. Pace pleaded guilty in 2000 and last April and was ordered to pay nearly $135 million in restitution to investors and was sentenced to eight years and four months in prison.
By the time Mr. Bernstein pleaded guilty, his career was in ruins. He had been disbarred. His law partners had walked out on him. He could not seek a new job while he faced prison, but he was desperate to keep busy.
Posted by legaleagle on :
Posts: 1059 Registered: 22-10-2004 Member Is Online
posted on 8-3-2005 at 12:40 AM
CMKX "biggest basher" repents
Alan Treffery, an attorney, who has been appearing in Willy Wizards PalTalk,for several weeks now, calling CMKX the biggest scam ever, came in the room and apologized tonight for what he had been saying. Here is a summary of his talk posted at Sterlings:
"Well, he (Allan) apologized for his earlier negativity... said he's sorry, had sold 2/3 or so of his shares and wasn't happy about that... said someone he "trusts" said cash deal...buyout/merge.... by the 17th March..... would not give source. Anyway, that's Allan fwiw.... and I just got bounced."
"There is an appointed time for everything, and a time for every affair under the heavens" Ecc 3,1
Posted by Highwaychild on :
quote:Originally posted by bill1352: I nominate Ric's repost from stockwatch the post of the month...lol
I nominate legaleagle's repost ABOUT stockwatch the post of the month...LOL
Posted by Ric on :
I read those old court case. OLD. You two are so funny. New York Times probably gets 100 of these a year. You had to dig back a couple years for something. And yes, its just one mans opinion like the supporting article earlier from Financewire. But it uses facts to back up its claims unlike the earlier article. All you can do is give theories and other peoples post. But none of these have any facts to support them. But hey you believe right just like the koolaide drnkers at MLON.
quote:Originally posted by Highwaychild:
quote:Originally posted by bill1352: I nominate Ric's repost from stockwatch the post of the month...lol
I nominate legaleagle's repost ABOUT stockwatch the post of the month...LOL
How ever old it is... whatever.It's still eerily familiar.Why would Web risk it again?He must be getting payed well.But he is very good with words.Guess if he got more careful with his wording after the court case.
Posted by Ric on :
No, everything used in the article was backed up from last PR and SEC document. Or comments on the outragous theories that have no support to back them up. Big Difference. He didn't saything that wasn't said in here. Its clear in the PR and SEC documents whats going on. And twisting them to make them look good is the only poor judgement going on here.
Posted by boised on :
New Rumor - Monetary Payout « Thread started on: Today at 01:04am » I'm sure those of you who visit Willy's Room know who Allen Trefrey is, aka (very_tired). This guy showed up a couple months ago slandering Urban and the company, and also making some major allegations about what UC has been up to with OUR hard earned money.
So tonight he comes in and changes his tune, does a complete 180 and states his source, that is very close to the 'inner circle' of the company, says a monentary payout is coming to the sharholders. He didn't know if it was .01 or .54, but this guy was pumped and now has a very positive outlook for CMKX. He says he will have more info in the next day or so.
Take this info for what's it worth. I did personally hear the guy with 200 hundred others in the room. I'm sure they will confirm....Best to ALL!
« Last Edit: Today at 01:29am by mikecmkx » Logged http://www.cmkxmusic.com Posted by bill1352 on :
time line...those pumpers or hopefulls still around can go back & check the truth in it. 1st the t/a leaks the o/s at 400 billion. the a/s was 500 billion at this point. you can call any t/a for a stock & get the info in almost any stock including pinks, try it. cmkx gags t/a changes & 1 day later has to go back. next in line is the pr stating UC has no shares. said he gave his shares up for the new deal so that they wouldn't further dilute the stock. (must be drinking his own kool-aide) i remember the amount being around 40 billion. next the a/s gets increased to 800 billion without so much as a by your leave from the company & 3 days later 279 billion make it into the divy split. this means the most UC has is 379 billion of the common shares. now unless he made some sort of prefered shares he has no right to vote anything in as according to this last pr there is only 2 ppl on the board & 1 in very new, Mahoo. take into this mix that Roger had to be paid & since in almost every case with pink sheet & OTC stocks this is done by giving shares which are sold as soon as possible. no proof but odds are a large portion of that 379 billion went to roger, at least 100 billion. cmkx will start trading again at the end of the suspension but i'll bet it gets stopped again april 17th because it has not filed everything & UC better have something that says he can vote everything in without shareholders voting before all these deals or he better learn to not drop the soap.
Posted by ed19363 on :
quote:Originally posted by boised: Author Topic: New Rumor - Monetary Payout (Read 351 times) mikecmkx Diamond Hunter
member is offline
Homepage PM And he was warned not to drink the koolaid...some people never learn.
Posts: 18
New Rumor - Monetary Payout « Thread started on: Today at 01:04am » I'm sure those of you who visit Willy's Room know who Allen Trefrey is, aka (very_tired). This guy showed up a couple months ago slandering Urban and the company, and also making some major allegations about what UC has been up to with OUR hard earned money.
So tonight he comes in and changes his tune, does a complete 180 and states his source, that is very close to the 'inner circle' of the company, says a monentary payout is coming to the sharholders. He didn't know if it was .01 or .54, but this guy was pumped and now has a very positive outlook for CMKX. He says he will have more info in the next day or so.
Take this info for what's it worth. I did personally hear the guy with 200 hundred others in the room. I'm sure they will confirm....Best to ALL!
quote:Originally posted by Ric: Nope, Mad Cow, hepatitis, Botulism, Campylobacteriosis, E. coli infection, Salmonellosis, Shigellosis
lol
Doc, you have competition.
Posted by boised on :
Wow texas sure is crowded.. I pictures long desert trails.. instead its row after row after row after row after row of tacky shops and mini-strip malls... and the traffic here in houston SUCKS! I miss boise Idaho
Posted by TruthTeller on :
well mahoo is offical now...lol at least they didn't give him a few billion shares to join up.
Posted by bill1352 on :
i found the prs to back my thinking that there is a possiblity of a lot more trouble for cmkx then what we already know. it deals with UC not having 51% ownership to vote in deals. of course being in nevada they can get around that by the articles of incorperation. it could say he's can do as he wants & shareholders have no say. but this is from a july 26th pr about nevada minerals deal
As announced earlier, U.S. Canadian Minerals Inc. recently issued 7.5 million shares of the company's stock to CMKM in exchange for certain mineral rights. Those shares have been issued to CMKM and will be distributed to shareholders of record of CMKM on Aug. 20, 2004. Due to Casavant's share contribution to the property acquisition by CMKM occurring prior to the Aug. 20, 2004, date, Casavant will not receive this or any subsequent dividend.
we all know that on aug. 17th the a/s was increased to 800 billion & on the 20th the o/s was 779 billion. on dec 31st 2002 cmkx canceled all preferred shares & the o/s was 7.2 billion of course this was up from 9/30/2002 when there were 350 million in the o/s according to the last Q10. the a/s was 500 million. bottom line, UC may not have had the right to make deals without shareholder approval as he did not own 51% of the common stock.
Posted by Wallace#1 on :
quote:Originally posted by boised: Wow texas sure is crowded.. I pictures long desert trails.. instead its row after row after row after row after row of tacky shops and mini-strip malls... and the traffic here in houston SUCKS! I miss boise Idaho
You think the traffic sucks? Just wait until you feel "The Summer Heat of Texas"!!! Put that in quotes because it sounds so much like a bad movie. LOL Really would be a good movie title, huh dwman?
Posted by Dustoff101 on :
Yep.... it get's so hot the chicken's lay fried egg's ,scrambled.!!!
Posted by dwman on :
quote:Originally posted by Wallace#1:
quote:Originally posted by boised: Wow texas sure is crowded.. I pictures long desert trails.. instead its row after row after row after row after row of tacky shops and mini-strip malls... and the traffic here in houston SUCKS! I miss boise Idaho
You think the traffic sucks? Just wait until you feel "The Summer Heat of Texas"!!! Put that in quotes because it sounds so much like a bad movie. LOL Really would be a good movie title, huh dwman?
Hotter than a 12 gage shotgun at a turkey shoot.
Posted by dwman on :
quote:Originally posted by boised: Wow texas sure is crowded.. I pictures long desert trails.. instead its row after row after row after row after row of tacky shops and mini-strip malls... and the traffic here in houston SUCKS! I miss boise Idaho
Tacky shops? Now that is lower than a snake's belly in a wagon rut.
Posted by Dustoff101 on :
HOTTER..than a Texas Preacher inside a Tent Revival at high noon on the fourth of July
Posted by legaleagle on :
U S Canadian Minerals, Inc. Hires Compliance Offer
LAS VEGAS--(BUSINESS WIRE)--March 8, 2005--U.S. Canadian Minerals, Inc. (Pink Sheet:USCA) today announced that they had hired Mr. William Roan as its full-time vice president in charge of regulatory compliance. Before becoming self employed as a licensed realtor in 2001, Mr. Roan was for almost fifteen years a Branch Administrative Manager for Prudential Securities in New York City. His duties there included internal audit and compliance.
"I am excited to join U.S. Canadian at this time to help it remain compliant with all the rules and regulations that bear upon it during this time of growth," said Mr. Roan.
"Mr. Roan's background makes him ideal as a compliance person for the company," said Rendal Williams, the company's CEO. "We welcome him to the U.S. Canadian family."
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements.
Posted by Wallace#1 on :
Bill,
A good many of the things you stated in your last post may be 100% correct. That is why I stated he could do anything with a new Pfd Stk (which he may not have been required to report). That, of course, leads to the next very serious question. If UC had no effective control (such as Pfd or a Spcl Common), then how in hell could he be doing all the things he has done without shareholder approval? Remember, he does seem to have a questionable past!
Posted by Wallace#1 on :
Dusty,
You must have been in Texas in the summer. Frying eggs on sidewalks is the absolute truth!
Posted by Wallace#1 on :
legal, re Roan above, there's something wrong in his CV too. One does not leave such a position as he had with Prudential to go into RE.
Prior to becoming a "realtor" (which has specific meanings), one must be a RE Salesperson. Once they get an acceptable track record, they can then apply to be a broker. They are generally required to past a broker's test. A sales person cannot be referred to as a realtor....only a broker can be called a "realtor".
Bet Trump's now famous words were used when he left Prudential.
Posted by Upside on :
A question to prove my ignorance. Maheau filed a form 3 today. Since CMKX has to file everything from past years, if in fact Urban bought up the entire float as many are speculating, won't he also have to file a form 3 followed by form 4's for subsequent purchases?
Posted by Ric on :
SSSSHHHHHHH thats a secret upside.
Posted by dwman on :
Don't know if this has been posted or not. I'm in a hurry and don't want to go back and read several pages. If it has been, please forgive the duplication.
This came from a competitive board.
member is offline
(Melvin) Oooooooooohhhhhh (RG) Is Melvin OK? (UC) Yeah . . . just OD'd on STUFFIUM
Gender: Posts: 239 Statistical analysis of NSS « Thread started on: Today at 2:29pm »
-------------------------------------------------------------------------------- If you haven’t read my posts in the past, let me state at the outset that I’m a confirmed long and purchased my first CMKX shares in November of 2002 at the mind-numbing price of $0.024 per share. The following analysis is simply a way to use some recently collected data to try and get a handle on the NSS issue. This post is a bit lengthy (for which I apologize), but there’s a lot to clarify when it comes to statistical analysis. And don’t forget that “figures lie and liars figure”, so take all of the following as just one opinion among many.
As many of us have, I’ve been following “hybrid’s” electronic shares thread with interest, but with an eye on something a bit different than his determination of the average holdings of those of us that post on 32. I’ve been more interested in the holdings of those that don’t post on 32 because I think they represent the bulk of our shareholders. I asked “hybrid” to send me his database (he graciously did so), but he hadn’t been tracking non-poster holdings, so yesterday and this morning I went through all 58 pages in his thread and captured data for both posters and non-posters. I also captured how many holdings came from new posters (specifically, those with only one post and those with between two and five posts) just to get a feel for what “J” and a few others felt were potentially bogus numbers. The only data I don’t have are the holdings that were privately PM’d to “hybrid”, so my number of holders and total holdings is a little lower than his, but the data correlates almost exactly.
Just to get the “bogus” number issue out of the way, I found that there were over 6 billion shares reported by posters with between two and five posts and over 3 billion from posters with only one post. In support of J’s concern, there were such items as 600 million shares claimed by “badduck”, and given the tone of his postings, that claim stretches belief a bit, I’d say. Nevertheless, I left that probable fiction in my database because it didn’t have any impact on non-poster reported holdings. There were a few non-poster claims that raised my eyebrows, but they were few and far between, and as you’ll see in the analysis that follows, I’ve used a blend of median values and arithmetic means (averages) to support my conclusions.
My data was extracted from your postings and it was noted whether each number of shares reported was for a poster or a relative, friend, co-worker, ex-wife (yes, they were a couple of those!), or other person who doesn’t post on 32. The data was sorted by poster/non-poster and then ranked from lowest to highest number of shares in each category. Entries were also highlighted if from a poster with only one post or from one with between two and five posts.
First, I threw out the lowest and highest five entries in each category since that has the effect of reducing the “bogus” factor noted by “J” and others. I then calculated the average holding of a poster and that of a non-poster. I also noted the median value for each category. Not surprisingly, my average value for a poster is higher than “hybrid’s” because his overall average number includes the lower average holdings of non-posters as well as posters. My average holding for a poster is 40.7 million and for a non-poster the average is 6.9 million. If I blend those two using the ratio of posters to non-posters (715 to 317 in my database), my overall average comes to 30.3 million which is very close to “hybrid’s” (32.6 million). This proves a close correlation between our databases despite my lack of PM'd data.
When I looked at the median values, it yielded a median holding of 20 million shares for posters and 4.3 million for non-posters. The median (the number in the exact middle of the data) is useful because it compensates for both very low and very high holdings that can skew the average calculation. But just to err on the side of caution, I decided to select a blended value which is higher than the median for further calculations. My view is that a blended value of 30 million shares for posters and 5 million shares for non-posters is pretty close to the truth (a 50% increase over the median value in both cases).
Next, I wanted to postulate the mix of holdings in the rest of the shareholder base of X thousands. But before I could do that, I had to estimate how big the shareholder base really is. The biggest number that I have seen calibrated was when UCAD issued one share per shareholder to account for rounding up fractional shares when their dividend was paid in September of last year. That amounted to 29,677 shares which defined our shareholder base at that time (even GB supports this number, so it must be right!). How many shareholders have we attracted since that time? Well, it's anybody's guess, but I have a hard time believing that we've added more than 15,000 new shareholders in the last five months. That'd be 50% growth of the shareholder base in five months. If that's true, then our shareholder base ought to be about 44,000 shareholders today. Now, hold your protests for the moment . . . I’ve made room for caveats a little later!
So, if we've had about 1,000 posters respond to “hybrid’s” thread and they hold a blended average of 30 million shares, how many more poster-like players are there among the remaining 43,000 shareholders? Again, it's only a guess, but I'd say that a 10 to 1 mix in favor of non-poster-like shareholders is conservative. If that's true, then there are about 4,000 holders of 30 million shares and 40,000 additional holders of 5 million shares. Roll those together and you get 44,000 shareholders holding 320 billion shares. As a quick calibration, if the average price of acquisition was $0.0002 per share, it means that posters have invested an average of $6,000 and non-posters an average of $1,000. Sure, there are major exceptions (I’m one of them, and, yes, on the high side), but remember, that’s an average and it looks about right to me.
Does all of the above pass the sniff test? I think it does because it says that if there are 779 billion shares in the O/S and Urban and the other insiders own a controlling interest (minimum of 398 billion shares or 51% of the O/S), then there are 779 (O/S) minus 398 (insiders) minus 320 (us) = 61 billion shares that are either in the treasury (issuable, not retired) or have been issued as part of JVs, etc.
My conclusion? If all of the above is true, then there is no significant NSS. So, what could change that conclusion? Well, any of several things: (1) Urban and friends may own more than 51% of the O/S; (2) there may be some whales who have already invested and hold tens of billions of shares that we're unaware of; (3) the blended holdings numbers may be too low; (4) the ratio of non-poster-like holders to poster-like holders may be less than 10 to 1; (5) there may be more than 44,000 shareholders; (6) our JV commitments may be larger than 61 billion shares; (6) and the list goes on . . .
So, have at it. Just remember that whatever you want to tweak still has to pass the sniff test when you're done. But have fun . . . tweak away . . . that's what we're here for.
Posted by Dustoff101 on :
Wallace..Hey ,how ya'll doing. Worked down there in summer. One time it got so hot and HUMID we washed our clothes on the clothesline and thru them in the wash machine to dry.
Posted by Ric on :
REFUSE to tell O/S, float, revenue sources:
This NSS is still such a funny theory. I mean after telling us about one of the worse O/S's of all times he forgets to tell us that its good becuase the float is so low and NSS has taken us down. The fact is you some fell in love with a non reporting company that gagged the TA and refused to tell the O/S and float for so long until the SEC forced them too. And now you want to come up with theories to hide the mess UC but you into. The fact remains that the SEC clearly stated it was investigating cmkx on how it sold shares not MM's.
Ric
Posted by Highwaychild on :
Well if it was bait,it's already been taken.If it's not an issue,and it's not worth mentioning,still other avenues...
Thing is something big is going to have to happen,and it looks like something will to me.One way or the other,good or bad.
Posted by bill1352 on :
about the time the divy's were paid i called ameritrade & got to the reorginazation div. i think it was called, about the divys. in our conversation he told me that huge blocks 100 million & bigger were traded quite often. that these trades never saw the volume totals. he didn't go into the who's & how's but if the o/s was 350 million in sept. of 2002 & grew to 7.2 billion by january 1st 2003 & not 1 word from the company about increasing the a/s or dumping that many shares you'd have to figure there is a back door open somewhere. now as we know that was the beginning of a dilution of records amounts. the own by date for the first divy was aug 20th 2004. in less then 20 months the o/s went from 7.2 billion to 779 billion as proven by the divy splits. remember the shares had to be issued & owned to get into the divys. thats 38.6 billion per month. the billions per trading day works out except it didn't start until late 2003 or early 2004 & not every trade was a buy. it couldn't have been UC because he had 40 billion according to his pr backed by Roger in july 2004. that back door sure had to be open wide & busy to dump that many shares in the amount of time between the last word on the o/s & the latest. & according to UC himself it wasn't him buying.
Posted by legaleagle on :
quote:Originally posted by Wallace#1: legal, re Roan above, there's something wrong in his CV too. One does not leave such a position as he had with Prudential to go into RE.
Prior to becoming a "realtor" (which has specific meanings), one must be a RE Salesperson. Once they get an acceptable track record, they can then apply to be a broker. They are generally required to past a broker's test. A sales person cannot be referred to as a realtor....only a broker can be called a "realtor".
Bet Trump's now famous words were used when he left Prudential.
REALTOR®: Broker, salesperson or appraiser (licensed and/or certified) who is associated with a Designated REALTOR® and who has fulfilled membership requirements in local, state and national Board of REALTORS®.
The Principal Broker is a "Designated Realtor".
If you check Roan's website you will find he was listing and selling multi=million dollare homes in the Vegas area. Probably to Mahue friends.
Posted by bill1352 on :
WOW...thats the missing key there legel!!! that fixes everything. who gives a rats behind what USCA does?? that means nothing to cmkx's pps, o/s, suspension, probably r/s, filing all those cmkx reports needed. i will say out of the 2 of them USCA is probably the least corrupt & as long as they aren't too deep in bed with cmkx may even 1 day get back to the OTCBB.
Posted by legaleagle on :
Bill, those who do their DD on CMKX care what USCA does since that DD would reveal to you that CMKX has controlling interest in USCA. Sitting in one message board all day carping about what you do not understand, is not DD.
Posted by bill1352 on :
legel if you read the prs & got away from dreamland you'd know cmkx got shares from UCSA which they promtly gave to cmkx shareholders & that was 49%. this means cmkx shareholders control 49% not cmkx. you'd also know that USCA owns 30% of the claims in CA. cmkx doesn't even have controling interest in those claims as 2 other companies own 25% each & another 10% of cmkx's claims went to st george. i'd suggest the next time you type something you check your facts first
Posted by legaleagle on :
bill, if you stop your DD at PR's you only find out what the company wants everyone, including their opposition, to know. But it is apparent you haven't even studied all of the PR's.
Posted by Wallace#1 on :
quote:Originally posted by Dustoff101: Wallace..Hey ,how ya'll doing. Worked down there in summer. One time it got so hot and HUMID we washed our clothes on the clothesline and thru them in the wash machine to dry.
I remember walking about 1 quarter of a mile in military fatigues. By the time I got to the end of that distance, my fatiques were white all over the place from the salt in my persperation.
Posted by Wallace#1 on :
legal wrote:
"REALTOR®: Broker, salesperson or appraiser (licensed and/or certified) who is associated with a Designated REALTOR® and who has fulfilled membership requirements in local, state and national Board of REALTORS®.
The Principal Broker is a "Designated Realtor". *******************************
Legal, you missed my point completely. For Roan to legally be called a "Realtor" (of course, Nevada, being so loose with everything it may differ), that person MUST also have a broker's license. Yes, they can sell RE as a salesperson but they must still be a broker and have what is called a "Broker of Record" (aka Designated Broker in your dictionary)in charge. In most states (Nevada possibly being an exception), one cannot become a broker (and, therefore, cannot claim to be called a Realtor) without going through the salesperson status where they are neither a broker nor a Realtor. Much of this is easily misunderstood by people.
Although he was referred to as a Realtor, he may in fact by just a RE salesperson and they are basically self-employed under the direction of a Broker of Record. My point was that he seems to have digressed somewhat in the level of employment.
My sister was a Broker of Record (and Realtor), my sister-in-law was a Broker of Record (and Realtor), one nephew is a Broker of Record (and Realtor), another nephew is a Broker (Realtor/Salesperson), but not a Broker of Record and a cousin is just a salesperson (neither a Realtor, Broker nor a Broker of Record).
It is written! It is so!
Posted by Wallace#1 on :
dwman,
Tried to correct my spelling on "perspiration" above but was too late. Didn't want to give you the pleasure! LOL
Posted by legaleagle on :
Wallace1. I didn't miss your point. I have been a licensed salesperson, licensed broker, principal broker of my own firm and taught Licensing courses for five years including Real Estate Law and Board of Realtors Compliance Requirements. I was a "Realtor" at all levels, and served on the Ethics Committee of the local Board of Realtors for two years.
A salesperson must be liscensed and work for a licensed broker serving as their principal broker. Neither are required to be members of the National Board of Realtors. Being a "Realtor" simply means that you have agreed to comply with the high standards required of membership.
However, a saleperson or agent, working for a broker member (Designated Realtor) of the Board of Realtors, who has completed the requirements is a "Realtor", just the same as the broker. But they do not have to be a broker to be a Realtor.
"REALTOR®: Broker, salesperson or appraiser (licensed and/or certified) who is associated with a Designated REALTOR® and who has fulfilled membership requirements in local, state and national Board of REALTORS®."
This definition from the Board of Realtors website is very clear that a saleperson can be a Realtor if they are associated with a Designated Realtor (Broker).
Posted by Pennytrade on :
What is your opinion now about Cmkx? What do you think is happening after the 16 with the shareholders?
Posted by legaleagle on :
RESPOST FROM RAGING BULL
By: PSALM119 09 Mar 2005, 07:09 AM EST Msg. 170445 of 170480 Jump to msg. # This post is as good as it gets.
By: holdnolonger 09 Mar 2005, 05:41 AM EST Msg. 833464 of 833487 Jump to msg. # Citigroup/Roger Glenn come aboard, Glenn evaluates CMKXs assets in Canada, Ecuador, and Nevada. Citigroup covers Knight Trading's end of NSS. Urban, CIA and Citigroup had to create a way to keep track of the NSS shares and match them with certificate CMKX shares. Roger Glenn finished valuation of the properties and the meeting in August 2004 in Canada took place to establish at what price citigroup will cover on the valuation of the TDEM and other properties. This is Y Urban stated .54. The other NSSr's probably want be so lucky. SGGM is created with 900 biilion AS, 200 billion restricted to CMKX along with 10 million cash. SGGM was a creation to give the true valuation of current properties that Roger Glenn did inventory on. The 200 billion shares CMKX recieved from SGGM was CMKX shares that Citigroup covered on current valuation of CMKX. This is the way the other NSSr's will cover and the money pooled once all NS shares are covered in SGGM. How huge is the NSS left, it could be the rest of SGGM AS which 700 billion left after Citigroup covered their 200 billion. SGGM will help CMKX and entities involved(CIA) follow and account for each share covered on current valuation of CMKX and where the NSS came from. Once settlements are made and majority of NSS is covered. Urban can then take the 800 to 900 billion covered shares from SGGM and take CMKX private and offer CMKX shareholders a nice tender offer of .54. All CMKX shares are retired and is now private. CMKX assets are simply placed into Urbans new company CIM. USCA will merge and CIM will have all majorty interest in GEMM, Nevada Minerals, SGGM, CMKX, and USCA. The way this worked out was fair because CMKX longs will get CIM shares through dividends and others that just owned CMKX will get the .54 tender off, longs getting both. Citigroup/Smith Barney will be the underwriters for CIM IPO and hold interest in CIM as well.
Posted by ed19363 on :
Now where did THIS rumor come from? I must have missed the PR....
Posted by Dustoff101 on :
Wallace...regarding your fatiques getting white with salt sweat your lucky some screw-ball texas Long Horn Bull didn't come after you a lick and a visit !!!!//'//???
Posted by Doctoall on :
quote:Originally posted by ed19363: Now where did THIS rumor come from? I must have missed the PR....
"Fiction Writers" nothing more than "Fairy Tales" written by the faithful.
Posted by ed19363 on :
Uncle Legal, would you please sweeten my glass of Koolaid for me????
Posted by dwman on :
A little old but interesting.... David Desmoreau (spelling)... owner.
I particularly like the paragraph that talked about over 1 million dollars for the past two years coming from sale of diamonds. They lost about 900 thousand dollars in 2004 but revenues came from almost 9 thousand carats sold.
Vancouver, May 28, 2004 - Diamond Fields International Ltd. (TSX: DFI) is pleased to announce the appointment of Jack F. McOuat, P.Eng. to its Board of Directors. Mr. McOuat has had a very distinguished career in mining over the past 50 years. He is a founding partner of the world renown mining consulting firm of Watts, Griffis and McOuat Limited and has been involved in the discovery and development of many major mineral deposits around the globe. Mr. McOuat has been on the Board of Directors of numerous distinguished mining companies including Cominco Ltd, Echo Bay Mines Ltd., and Euro-Nevada Mining Corp. In addition, he has a history with Diamond Fields having served as a director of DFI's predecessor company Diamond Fields Resources Inc., and played a key role in the sale of that company to Inco Ltd. in 1996.
Mr. Gregg Sedun, CEO of Diamond Fields stated "Having Jack McOuat join our Board of Directors will be a great addition to our Company. His extensive and varied experience in the mining industry worldwide as well as the relationships he has developed over a very successful 50 year history in the mining business will be a tremendous benefit and asset to Diamond Fields. We look forward to his contributions in helping build our Company."
Third Quarter Results Diamond Fields announced a net loss for the three months ended March 31, 2004 of US$641,973 or $0.01 per share, compared with a net loss of US$141,721 or $0.00 per share for the same period in 2003. Year-to-date the net loss is US$1,342,991 compared with a loss of US$977,787 for the same period of 2003.
All revenue for the nine month period ended March 31, 2004 resulted from the sale of diamonds held in inventory or recovered during operations. A total of 8,872 carats were sold at an average price of approximately $145.87 per carat generating revenue of $1,294,182, up from revenue of $1,252,932 on the sale of 8,934 carats for the same period in the 2003 fiscal period. Production, royalty and selling expenses associated with the sale of inventory totaled $881,218; whereas, these operating costs for the same period in fiscal 2003 were $966,167. The Company generated an operating margin of $412,964 for the nine month period ended March 31, 2004 compared with $286,765 for the same period in fiscal 2003.
During the nine month period ended March 31, 2004, operations, including exploration and development, together with general and administrative costs, were financed from cash on hand at the beginning of the period, from revenue generated by the sale of diamonds during the period and from a non-brokered financing.
Diamond Fields continued to create the conditions for long-term growth. The Company expanded diamond and nickel exploration activities, broadened the Company's scope to include additional mineral exploration and completed non-brokered private placements totaling C$8,100,000. Proceeds from the financing and cash flow generated by operations will allow the Company to expand its diamond and other mineral exploration activities
Overview of Activities In January 2004, Diamond Fields announced the results of the 2003 fieldwork conducted on its nickel project located on Ammassalik Island off the southeast coast of Greenland. Mapping and sampling extended the strike length of the most prospective horizon to over 40 kilometres in four structurally repeated zones. Fieldwork has recovered locally derived boulders with anomalous (0.2%-1%) nickel emanating from three of the four horizons. Diamond Fields' geologists are greatly encouraged by these results and plan to conduct an airborne Mag/EM geophysical survey as soon as weather permits.
On February 24, 2004, Diamond Fields appointed Mr. Kenneth E. Hecker to the positions of Chief Operating Officer and Chief Financial Officer). Mr. Hecker joined Diamond Fields to guide the process of exploring and developing the Company's international diamond and nickel projects, while seeking opportunities to acquire new economic mineral projects worldwide. On March 23, 2004 the Company acquired the Ogna Nickel-Copper project in southwestern Norway consisting of the Bjorndalsnipa (Ni, Cu) and Gulldragsvatn (Ni, Cu, Ti) properties. The properties are subject to a 1% net smelter royalty.
Outlook Diamond mining operations are scheduled to recommence on the Luderitz Concession by early June 2004. The term of the joint venture agreement is for an initial six-month period, with Diamond Fields having the sole option to renew the joint venture on the same terms for a further six-month period, subject to agreement on an acceptable mine plan.
With respect to the Ogna Nickel-Copper Project in Norway, the Company plans an exploration drilling program commencing in late May 2004, on promising geophysical targets in altered and mineralized intrusive rocks of the Rogaland intrusive massifs.
On April 16, 2004 the Company obtained two mineral reconnaissance licenses in Liberia, one of which is a diamond prospect, the other a gold prospect. Diamond Fields is planning sampling programs to attempt to define anomalous areas on both these concessions.
Diamond Fields International Ltd. is an internationally active exploration and mining company pursuing mineral opportunities worldwide. The Company's corporate strategy is to maximize cash flow from its Namibian marine diamond concessions and to systematically explore and develop its international mineral exploration projects. In addition, the Company continues to explore opportunities to acquire new economic mineral projects worldwide. Additional information is available on the Company's website at www.diamondfields.com.
DIAMOND FIELDS INTERNATIONAL LTD.
"Gregg J. Sedun"
Gregg J. Sedun, President and Chief Executive Officer
For further information contact: Investor Relations (1-888-682-2113) Website: www.diamondfields.com
All dollar values are stated in U.S. currency unless otherwise specified.
Forward-Looking Statements: Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in Diamond Fields' period filings with Canadian Securities Regulators. Such forwardlooking information represents managements' best judgment based on information currently available. No forwardlooking statement can be guaranteed and actual future results may vary materially. Diamond Fields does not assume the obligation to update any forward-looking statement.
Posted by dwman on :
quote:Originally posted by Wallace#1: dwman,
Tried to correct my spelling on "perspiration" above but was too late. Didn't want to give you the pleasure! LOL
LOL... You know me prittie well.
Posted by bill1352 on :
Recently De Beers purchased themselves back private, for a stock purchase price of 17+ Billion USD.
De Beers had sales of $5.5 billion and earnings of $676 million in 2003. The company spends $180 million on advertising.
The United States represents half of the worldwide diamond market. Experts value the U.S. market at $30 billion to $35 billion.
ok these are bits pulled from old cmkx prs. as you can see the dates are from 2003. this info is about debeers the largest diamond company in the world with more claims & mines then anyone. so big that the cmkx cult believes much of cmkx progress is hidden so debeers won't come in and try to run them out. now LEGEL your trying to say that cmkx claims in canada are worth 17 times more then all of debeers put together??? the entire world's yearly business is worth $60 billion of which debeers has 1/2 & someone is going to pay .54 per share to cmkx shareholders??? 703 billion shares??? over $350 billion ???? for that you could buy debeers, & 5 or 6 major gold mining companies all of which had producing mines & income, serious income as in billions of dollars of income. right now, not in a few years. legel, i'm sure somewhere there is a white room with padded walls waiting for you.
Posted by legaleagle on :
#1 Basher Recants. Attorney Alan Treffery who has been one of the most outspoken critics of CMKX chose, night before last, to recant his earlier bashing. Here is his post from today at Raging Bull
« CMKX Message list | Reply to msg. | Post new msg. « Older | Newer » By: very_tired1 09 Mar 2005, 04:12 PM EST Msg. 834351 of 834429 Jump to msg. # JUST TO CLEAR UP A COUPLE MATTERS...
I have been a strong critic of this stock for some time. I felt it was mismanaged and that it was a company full of potential that was being squandered on fast times and a wild lifestyleof the CEO. Although it is obvious that I did not know all the facts behind the scene, I was going on the known factors, including the lack of reporting, the failure of several big rumors to come true (indicating the presence of paid pumpers), huge volume (indicating tons of dumping), no news of any mineral finds, etc... In 99% of all cases, I would be correct to rag and who knows, in the end, I might have been right about this stock and things will not work out, only God knows the future.
However, for the third time, I have recently had a change of heart on this company. Why? There are several reasons, one of the most important ones is the presence of Robert Maheu. Unless that man resigns very soon, you can be 100% sure that he is not present merely to go down with a sinking ship connected to a penny stock that could be deemed as a scam. I have recently learned more about this man and he has an unreal reputation of a winner.. and that of a very connected man, nothing shy of it.
After all, CMKX even stated in their PR that they would not get reporting by the required 60 day time after filing the Form 15, so they might just get delisted. So, absent his prompt resignation, Maheu is going to have a damaged image due to CMKX unless something big is in the works.
Also consider the alleged presence of the Citigroup and other substantial supporters. What is their role? Certainly they are nor interested in this company merely to get some advertising space on a drag car.
Then there is R.Glenn. He is a well-respected and accomplished attorney in the corporate/securities field, as is his lawfirm. Would he have been here only to receive a big paycheck and do nothing else? I find that statement hard to believe on its face.
If these significant entities present mean nothing to the future of this company, then this is the most confusing stock I have ever encountered. If their presence is coordinated and with meaning, then this stock could be a monster.
Now, I have heard the hundreds of rumors from friends, fellow posters and what appear to be enemies alike. I have heard the position that this company is naked shorted in massive amounts. I never foreclosed on that idea, because I did not know either way, but I was cautious as I do know that many pump and dump companies do use the NSS theory as a tool to pump. However, a recent Charles Schwab article on Reg. SHO that only points to one NSS stock, CMKX, as an example, had me thinking the prompters of the short position might just be right. Coupled with the fact we have a stock that has only seen one significant price rise in the past 16 months (so no huge day trading activities would likely be here to pump up the volume) and yet, we have seen multiple times the OS traded, indicated again, a big short might be present. It leads one to contemplate as to why Urban chose this particular shell to work out of in the first place.
In any case, considering the presence of Maheu, CItigroup and Glenn, and the insights of some people I trust, I am of a different position that I was a couple weeks ago. Although always hopeful, I was in the position of totally losing hope. I no longer feel that way. I sold most of my shares over thhe past couple months, keeping about 1/3rd of them. I do not plan to sell anymore.
I am beginning to believe again that this stock is real. It is real in the sense of Maheu, Citigrop and Glenn, the sense of a large NSS and in the sense that we might have the goods up north. If we do, the chance of a cash deal appears to be possible. What kind of deal (e.g. dividend, tender offer, etc...) I am unaware. Was I discouraged by the OS? Yes. Was I surprised? Not really. However, the OS listed does not speak all volumes as to who is holding what. Could it be we have the majority of stock in the right hands? I surely hope so. If we have the right share distribution, and the right thing is done with it, very good things could really happen.
So, go ahead and take your pokes at me because I ragged on Urban as I did. I still stand by certain positions that all the money that came into the company was addressed with proper restraint and diligence. However, after viewing the totality of the circumstances, all of those factors involved and surrounding this stock, I do believe that there is more to CMKX than what meets the eye, an otherwise failing, and soon to be delisted sub-penny stock. I always said I would be the first to admit that I felt I was wrong in the past and I am doing so now. I pray to God that this is the right side of the coin to be on so we will all make a mint.
Be Well.....
Posted by tarq3 on :
This was found by texaswilly at ******** 32, this is some very interesting info :
Class, Turn to page 14 in your hymnals. While we are working real hard to find even a tiny bit of information that may make us more comfortable in our own take of this thrill ride, some people might enjoy knowing a little more about Iron Bob. Some of this has been mentioned in previous threads, so chunk this if it is all old news. There has been much discussion of late about Tender Offers so it may seem interesting to some.
Iron Bob is no stranger to Tender Offers . The records are pretty clear that once Howard Hughes became reclusive, Bob Maheu ran the business through phone calls from HH and an unending series of daily handwritten notes on legal pads given to Maheu. Copies of these handwritten notes are found in several of the Hughes biographies. This tells me that Maheu made all personal contacts and transacted all the significant business directed by Howard Hughes. Bob Maheu formed relationships with heads of state, politicians, ceo's and other significant people due to the expanse of the Howard Hughes empire. He was not a step n fetchit guy, but made hourly decisions effecting thousands of people and millions of dollars on his signature through a power of attorney granted him by Howard Hughes. Two tender offers handled by IBM are well documented in one of the Hughes biographies.
Source: Hughes, The Private Diaries Memos and Letters by Richard Hack (2001)
Tender Offer for ABC In 1968 following Bobby Kennedy's assassination, HH wanted to own the ABC television network so he could convince the upcoming presidential candidates that he had a news division that would help put a president in office. Then he (HH) could have a president in his pocket. IBM was directed to buy ABC. Hughes offer was for 43% of the stock at $74.25 a share. The current market price was $58.87 a share. The deal was $148 million and some change. Shareholders were given two weeks to accept his offer "take it or leave it". The company pleaded with stockholders not to fall for this offer because the real intrinsic value of the stock was more than the offer. The network filed suit in District Court in New York charging that the takeover violated FCC rules and federal antitrust laws. The FCC jumped in and said they were going to conduct hearings and directed HH not to use any of the stock to influence ABC until the hearings. Then the FCC said you (HH) will have to attend the hearings in person. This horrified HH. HH feared being seen in public and vowed to never do so again. The Justice Department then jumped in the fight and said they were looking into anti trust issues.
HH then told IBM to leak the word that he was going to transfer his stock to Texas millionaire James J. Ling (of Ling-Temco-Vought) if they did not want him as owner. Ling was known as the Carl Icahn of that era. Ultimately, HH won in court with the judge stating the stockholders might be harmed if prevented from executing their voting rights. ABC then took out full page ads in the New York Times and Wall Street Journal espousing the inadequacy of Hughes offer. On the day before the deadline a half million shares poured into Hughes' brokers. He had apparently won all battles and convinced the shareholders it was in their best interest to sell to him. Three days later the New York Stock Exchange halted all trading on ABC stock while they awaited Hughes final decision. (There is that old ugly word Halt again) Shortly thereafter, Hughes withdrew his offer and cancelled the deal. Most believe his fear of having to attend the FCC hearings was the main reason for backing out. IBM had done his job............
Tender offer for Air West HH & IBM in their own short play Maheu was working 16 hour days, running five casinos and four hotels in Las Vegas. His boss found a struggling airlines. Air West was a disaster of an airlines. Hughes directed IBM to buy it. HH wrote to IBM "The plan necessitates that the stock edge downward with the existing continuous bad news, and then that we come along with a spectacular offer to pay the stockholders in liquidation a price substantially above the market," HH wrote to Maheu. "Any rise in the market before our offer will adversely affect the plan." An offer was made at $22 a share or an offer of $90 million. The Air West board was livid. Within a month the stockholders had voted to accept HH's offer. The Air West board sought a competing offer from Northwest Airlines and informed the shareholders that the board was going to sell to someone else. HH assisted the shareholders by providing an attorney to file suit against the Air West Board. To assure victory, HH persuaded several of Air West's largest shareholders to unload 86,000 shares on the market and he would agree to cover any losses. The move had the predictable effect of causing the stock to drop even further. When Northwest heard about the stock dropping, they backed out of the deal. Air West was now under HH control. Mission accomplished IBM.
My apologies for a lengthy post. This is not an endorsement of Howard Hughes business tactics or ethics. But any reader of these forums who wonders if IBM has ventured into any wars like CMKX is now facing should know this is not unfamiliar territory for our Co Chairman of the Board. Full page ads, government agency involvement in tender offers, share dilution, mergers, IBM has been there and done that. I thank Urban for having the good judgment to bring IBM on Board. Win, Lose or Draw, Urban has done what he could do to give CMKX a fighting chance against the mms...
Onward through the fog,
Bill
Posted by legaleagle on :
quote:Originally posted by bill1352: Recently De Beers purchased themselves back private, for a stock purchase price of 17+ Billion USD.
De Beers had sales of $5.5 billion and earnings of $676 million in 2003. The company spends $180 million on advertising.
The United States represents half of the worldwide diamond market. Experts value the U.S. market at $30 billion to $35 billion.
ok these are bits pulled from old cmkx prs. as you can see the dates are from 2003. this info is about debeers the largest diamond company in the world with more claims & mines then anyone. so big that the cmkx cult believes much of cmkx progress is hidden so debeers won't come in and try to run them out. now LEGEL your trying to say that cmkx claims in canada are worth 17 times more then all of debeers put together??? the entire world's yearly business is worth $60 billion of which debeers has 1/2 & someone is going to pay .54 per share to cmkx shareholders??? 703 billion shares??? over $350 billion ???? for that you could buy debeers, & 5 or 6 major gold mining companies all of which had producing mines & income, serious income as in billions of dollars of income. right now, not in a few years. legel, i'm sure somewhere there is a white room with padded walls waiting for you.
Bill you are trying to analyze this as a "valuation play". That will come later. This part is not. This is a "short squeeze" play in which Roger Glenn has trapped the NS and proven it through the dividend play. I certainly don't know if it 54 cents or .054 cents. But the MMs are going to have to cough up some cash to buy their way out of their past alleged illicit actions. All in my opinion.
Posted by Ric on :
This is not a short sqeeze. There is no proof of shorting, naked or otherwise. Matter of fact the SEC stated in its statement that they were investigating how cmkx sold its shares. Nowhere has there been any mention of shorting by cmkx in there last PR in which they came clean or the SEC. This is a made up rumor by the cult to make themselves feel better about there past pumping and investment choices. All they stated was they diluted shares to the some of 703 billion which is outragous.
Posted by bill1352 on :
legel...if cmkx had 500 million in the o/s i'd have never sold my 2 million shares. if there was 4 billion in the o/s i'd be hoping for a 4 to 1 r/s. the o/s is 703 billion, it was 779 billion till they bought back 75 billion from nevada minerals. that 779 billion was there Aug 20th 2004. jan.1st 2003 there were 7.2 billion. that means for 20 months 38 billion plus were added to the o/s or 1.8 billion per trading day per month. since not every trade was a buy you can reasonably get to the average volume per trading day. how can you fit in a huge naked short? are you trying to say that UC covered the naked short with real shares?? that made them real shares & there is no reason for any mm to cover, UC did it. all the mm's need do is pay the company for those shares period. end of story & the average pps for that time is about .0002 maybe .0003. the SEC will fine them & its over. naked shorting is very real. it harms many companies & huge numbers of investors. opinions are great things but they need to have some sort of reality involved or they become the rantings of a lunatic or a heavy kool-aide drinker.
Posted by legaleagle on :
bill, you are operating with insufficient information. We all are, we only have the OS. If Urban bought up 700 billion, or more, and retires them to the treasury, then we have a completely different situation don't we?
We don't know whether he did or not. But I do know this, the pps of this stock has traded as high as a nickel and as low as .0001. If Urban sold 779 billion shares into the market, at a low average of .0003, he would have grossed $233,700,000.00. That's 233 million dollars. Why didn't he just say. Sorry folks we looked at all of the claims and didn't find anything. WE'RE CLOSED. SEE YA. What's he doing still sticking around? Now thumbing his nose at the SEC? Bringing on a heavyweight like Bob Maheu? Still showing up and rubbing elbows with shareholders at the races? Again that's 233 milllion dollars minimum. And he is still here and still drilling.
It's easy in a place like this to hear only the negatives, the bashing and the personal attacks on anyone who dares to take the positive side, to encourage everyone to go look for the facts or consider the possibilities. Was this a risk play? Yes it was. And note, I said was. Just the fact that he is still here and still public should tell you everything you need to know that it is no longer a risk. If it was a scam, he would be gone. If not you know he has the goods and he has the naked shorts, skinned, cleaned and ready to fry.
All of that nonsense about the OS was announced for a purpose. What do you suppose it was? They may have just as well announced bankruptcy, if that OS was the final story. There is more coming. All IMO
Posted by legaleagle on :
quote:Originally posted by Ric: This is not a short sqeeze. There is no proof of shorting, naked or otherwise. Matter of fact the SEC stated in its statement that they were investigating how cmkx sold its shares. Nowhere has there been any mention of shorting by cmkx in there last PR in which they came clean or the SEC. This is a made up rumor by the cult to make themselves feel better about there past pumping and investment choices. All they stated was they diluted shares to the some of 703 billion which is outragous.
Ric: SEC,MM, or hedge fund rep?
Posted by Upside on :
quote:If Urban sold 779 billion shares into the market, at a low average of .0003, he would have grossed $233,700,000.00. That's 233 million dollars. Why didn't he just say. Sorry folks we looked at all of the claims and didn't find anything.
Because the 233 million wasn't dropped in his lap in one fell swoop. It would have rolled in over time, affording him a more lavish lifestyle and the need for a steady income to support that lifestyle. Also by dropping a bombshell and saying "we're done", that would have raised some serious eyebrows with the SEC. As it is, it just took a little longer. Also, investors would have been hunting him down in earnest. He had to make it look as though an honest effort was put forth.
One of the rallying cries I used to hear was "If anything was wrong with CMKX, don't you think it would have come out in the USCA investigation?" Well, now it's happened. I see a company suspended from trading in the province in Canada where they're stationed, now also suspended from trading and under investigation in the U.S. for the same reasons along with virtually every other business reason possible. I also wonder about a company that cannot supply normal business records. What type of company operates with no documentation of its operations? One that is not actually doing business. I see a company with one officer, Urban Casavant, whose one known drilling rig was last spotted in the Smeaton town dump.
That's what's known about this company for now. Anything beyond that is wild speculation that borders on unbelievable. If any of these theories pan out it will be a history making event and I for the life of me cannot believe that a .0001 pink sheet stock is going to rock the foundation and forever change the course of the U.S markets.
Posted by legaleagle on :
Upside, let me repeat to you what I said to bill....."bill, you are operating with insufficient information. We all are, we only have the OS." We can accuse, embrace,bash, pump, criicize or confirm, but finally only time will out. All we can do is wait and see. Shouldn't be long now to see who was right and who was wrong,and who completely missed the boat or got on the wrong one.
Posted by Upside on :
You're right about that legal, insufficient information. So lets take a look at what is known. They are suspended in one province in Canada. They're suspended and under investigation here. They have an o/s of 703 billion. Until very recently they had one officer, Urban Casavant. They have taken in millions and millions of dollars and have one known drilling rig. They have turned up 2 micro diamonds of no value with their one known drilling effort. The pipe those diamonds came from is no longer under CMKx control pending Canadian litigation.
On the plus side they engaged a reputable attorney for about 8 months for unknown reasons. They recently hired an ex Howard Hughes employee. They have a stake in some other companies with unknown value.
With the information that is known it is not a pretty picture. Based on what is known, is this a wise investment?
Posted by Wallace#1 on :
legal, you wrote: "bill, you are operating with insufficient information. We all are, we only have the OS. If Urban bought up 700 billion, or more, and retires them to the treasury, then we have a completely different situation don't we?
We don't know whether he did or not." ***********************************
Bear in mind that Bill was speaking of the Issued and Outstanding shares in the above post.
I have stated the following any number of times:
"Treasury Shares is the stock that has been bought back by the issuing corporation and is available for retirement or resale. Treasury Shares is issued but not outstanding. Treasury Shares cannot vote and pays no dividends."
Bill was referring to the very shares that UC stated were I/O shares. Therefore, unless you are calling UC a liar, Bill was operating with sufficient and precise information. If there are 703 billion shs I/O, as per UC's statement, WE DO KNOW as a matter of fact that he could not have purchased 700 billion shares. If the dividend sh figure of 779 billion was correct, which it probably was, at most there could be only about 76 billion shares in Treasury. However, I would not be surprised if whatever was previously in Treasury is long gone and sold on the open market....that is UC's "MO".
Sometimes I feel like an ant under a cattle stampede around here. I am learning alot about stocks and the internal operations of a company,as well as greater insight into the goings on around Wall Street. [ goings on ] That should drive Dwman nuts. I just can't stop being a glass half full kinda guy! [Kinda] did'nt want to leave you out Wallace. A novice just could'nt get this much education [in real time] in a class room.So I am still around and learning. However, it is not possible for me to just sit here and not poke some fun at you big shots. Wallace' I was a thorn in my commanding Officer's Butt for nearly a year.I think he agreed to a Staff Officer's position just to get away from the whole bunch of us. Then they sent us a brand new shake and bake Captain.Oh' the pranks we pulled on that poor man.However when the chit would hit the fan we all would pull together , and yes we did look after our Newfers.Most of the time they did'nt know it though. And no Wallace I will not take a test.
Posted by bill1352 on :
well i seem to everyone once in a while try to use reason & logic with legel...why i do this is beyond me. maybe i need professional help too. this was always a lottery ticket stock but as things came out it became much less. in my many months on this thread i've done my best to refrane from name calling except for a few moron comments. i knew when they released the o/s it was going to be 779 billion since the divy split, it had to be. i did forget to subtract the 75 billion bought back from nevada minerals. i knew the cult would somehow make this a good thing, trying to hold on to their dreams of great riches. i do not think CMKX is a scam because i do think they will 1 day really look for diamonds & continue trying to add other companies with mineral assetts. i do think UC is corrupt & a complete idiot in running a business. he has no idea how a public company needs to work to increase shareholder value. but the real idiots are the cult. the lack of brain function it takes to still try & find a positive with the KNOWN information is beyond believe. it hurts my head reading some of the crap LEGEL spews up from himself & reposts from other boards. UC himself said he had no shares 7 months ago. Roger Glenn made the statement in a pr, the cults god like lawyer & still they puke out crap about UC buying up the o/s. the list of how they completely ignore the facts is to long to even try to mention. so the next time i try to be reasonable with legel & his cult, please guys smack me hard. use a bat if needed...lol
Posted by legaleagle on :
quote:Originally posted by Upside: You're right about that legal, insufficient information. So lets take a look at what is known. They are suspended in one province in Canada. They're suspended and under investigation here. They have an o/s of 703 billion. Until very recently they had one officer, Urban Casavant. They have taken in millions and millions of dollars and have one known drilling rig. They have turned up 2 micro diamonds of no value with their one known drilling effort. The pipe those diamonds came from is no longer under CMKx control pending Canadian litigation.
On the plus side they engaged a reputable attorney for about 8 months for unknown reasons. They recently hired an ex Howard Hughes employee. They have a stake in some other companies with unknown value.
With the information that is known it is not a pretty picture. Based on what is known, is this a wise investment?
This is a risky investment for all of the reasons you stated. If you want to know why we have had little information on this company, read the Fipke book "Fire into Ice". Urban has stated that this is his business model. Diamond exploration requires the utmost, in not only corporate secrecy, but also in disinformation, to misdirect the efforts of the competition.
CMKX chose the "pinks" environment in which to operate the exploration segment of their operations. They chose this format because they do not have to report to shareholders, which in effect would be reporting to the competition.
Nearly everyone involved in this stock knew they were buying stock in a non-reporting company. That was your choice. Those who bought in prior, have had an opportunity to get out during the last run up.
The problem is that those who bought a non-reporting company's stock, have now become impatient and demanding the company tell them what they want to hear and when they want to hear it. Unfortunately for those of you who may be in that category, we have leadership in the company that won't be moved until the time is right for the company.
We have a new director in Bob Maheu who has told us that the shareholders would be informed. He started that very operation with filings and PRs since he took over. The results were that the company was suspended for trading by the SEC. So I guess we can't be too upset if the company is now guarded in further revelations. IMO the SEC could not believe or accept the magnitude of the NS on this stock, and are extremely concerned about the cost to the market of covering those shorts.
If our "float" is the full 700+ billion shares, we still have a CIM distribution rate that indicates 1.56 trillion shares held. This alone would be a NS of 800 billion. If Urban bought back most of the float, the NS position is double that number. If either of those numbers are correct, people need to go to jail, and it isn't Urban.
I think we are seeing the last part of a "short squeeze" play that will lead to a clean up of the market, in order to make a fair playing field for Bush's Social Security Plan to be implemented.
It's a developing story. The chapters are not being written as quickly as we would like. But patience will out, and I think profitably for those of us who hold, and wait. All IMO
Posted by legaleagle on :
quote:Originally posted by Wallace#1: legal, you wrote: "bill, you are operating with insufficient information. We all are, we only have the OS. If Urban bought up 700 billion, or more, and retires them to the treasury, then we have a completely different situation don't we?
We don't know whether he did or not." ***********************************
Bear in mind that Bill was speaking of the Issued and Outstanding shares in the above post.
I have stated the following any number of times:
"Treasury Shares is the stock that has been bought back by the issuing corporation and is available for retirement or resale. Treasury Shares is issued but not outstanding. Treasury Shares cannot vote and pays no dividends."
Bill was referring to the very shares that UC stated were I/O shares. Therefore, unless you are calling UC a liar, Bill was operating with sufficient and precise information. If there are 703 billion shs I/O, as per UC's statement, WE DO KNOW as a matter of fact that he could not have purchased 700 billion shares. If the dividend sh figure of 779 billion was correct, which it probably was, at most there could be only about 76 billion shares in Treasury. However, I would not be surprised if whatever was previously in Treasury is long gone and sold on the open market....that is UC's "MO".
If the corporation had repurchased the shares then you would be right. If Urban bought them back in his own name and "certed" them, they would still show up in the OS, until he donates them back to the company, thus "springing the trap" on the NS.
And for bill: Urban didn't have to have them in his name. They could be in Carolyn's name, or Ron's, or any of a host of family members' names.
Posted by legaleagle on :
FROM ONE OF THOSE MESSAGE BOARDS THAT CANNOT BE CITED HERE.
Gluggo God of Diamonds
member is offline
Posts: 626 Senator Bennett and SEC Donaldson In Depth! « Thread started on: Today at 03:45am »
-------------------------------------------------------------------------------- I translated this for you (emphasis added ) so when you do see the video you can laugh when eating popcorn!
Senate Finance Commitee Meeting with SEC Chariman Donaldson.
Senator Bennetts time starts at 1:19:35 of the video. Its 3/4 of the way thru the video. Senator Bennetts starts with
"Naked Short Selling" "You put out a new rule (SEC Donaldson ) on naked short selling. As near as I can tell ( Senator Bennett ) from my constituants who feel victimized by this Regulation Sho its not working! There is a story that appears in fridays paper on Global Link Corp! Senator Bennett starts to read the article. Bennett goes into the whole article.
Bennett
"There is a story that appears Friday in the financial news wire which summarizes the naked short selling perfectly. A Michigan man Robert C Simpson who claims to have accuired 100% of the issued and outstanding stocks of the company Global Links Corporation. is likely to become the poster boy of the Illegal Naked short sales. Senator Bennett talks about the brokerage house selling the shares they dont own.
Simpson filed a SEC commisioned schedluled 13 D on February 3rd 2005 showing his purchase power and sole voting power with 1,158,209 shares. Yet the day after he stuck his shares into his sock drawer the market sold 37 millions shares. The next day the market sold 22 millions shares. And Thursday of last week the market traded 199,616 shares. Simpson is said to have gone back to his sock drawer and despite that a sock or two were always missing. All 1,158,209 global link certificate shares were there!
OMG how embarrasing!
Bennett " There were no shares available there to be borrowed and yet in 2 days there were over 50 million shares traded. I have constituants who say trading since the rule was adopted. Our Stock has exceeded the available float by 4 or 5 times! Ouch! Here is the good part!
Bennett " Now your staff is gonna comment on this and were gonna have a briefing on this in depth and I wont go into greater depth here. But this article just last Friday in a national publication indicates that people are still selling short shares they dont have and are clearly never gonna aquire. I am told one brokerage house sells short has 13 days under your rule under which to aquire the shares. In that 13 day period hands the whole transaction off to another brokerage house. They just keep moving it around and no body ever has to settle. They use the 13 day period to avoid the rule. You end up with this kind of circumstance. 33 million shares traded in a single day when there is only 1 million shares outstanding. One investor has filed a statement with you (SEC Donaldson) saying that he has all the shares. That is clearly something that needs work! YES!
Here comes the real embarrasing and sad part the SEC Donaldson responds! hahahaha!
Donaldson (SEC)
" Well a a a thank you for sharing that observation!
The Senator is beaming down on him at this point!
Donaldson (SEC) " As you your self note short selling is not illegal! Ah Ah Ah it is Ah I approve of short selling!
What a dumb you know what!haha
Senator Bennett " Its naked short selling were going after"
Donaldson (SEC) " Ohh Ohh Ok and when when when you get into naked short selling! Ah Ah Ah The regulation sho which is adopted in 2004 ah ah ah. Has 3 primary ah ah rules. ( he is totally flustered and speechless)hahaha!
Senator Bennett stops this dummy and lets him know he is off topic and that the Senator will be grilling him behind close doors!
Symbol Split Ratio Date GOBC 1:350 R/S 02/01/2005 GBLL 1:350 R/S 10/08/2004 GLNK 1:40 R/S 04/16/2003 UTDT 1:8 R/S 12/21/2001
maybe the guy that THOUGHT he bought the company was drinking out of the same trashcan full of kool-aid that the cmk? guys were....
it was real popular in the haight-ashbury district back in the 60's
Posted by Ric on :
And it keeps getting deeper. The SEC investigation made it clear that it was investigating CMKX's selling of illegal shares, period. The only compensation maybe that Urban may have to reinburst those who bought those illegal shares but thats only at sell price. But the naked short theory is hogwash. No proof and dilution was so huge its impossible. Where did they get the money? Selling stocks thats where.
Posted by legaleagle on :
quote:Originally posted by glassman: that is stupid legal... GLOBAL LINKS?
GLKC - Global Links Reverse Split History
Symbol Split Ratio Date GOBC 1:350 R/S 02/01/2005 GBLL 1:350 R/S 10/08/2004 GLNK 1:40 R/S 04/16/2003 UTDT 1:8 R/S 12/21/2001
maybe the guy that THOUGHT he bought the company was drinking out of the same trashcan full of kool-aid that the cmk? guys were....
it was real popular in the haight-ashbury district back in the 60's
Glass, perhaps you should get this information to Sen. Bennett since he just broadcast the story nationwide in an interrogation of the SEC commissioner about NSS (that are also nonexistent LOL) . I am sure his Senate investigative staff have failed to investigate this matter as thoroughly as you. They have apparently been dipping in the Kool Aid as well.
Posted by Wallace#1 on :
legal, you wrote:
"If the corporation had repurchased the shares then you would be right. If Urban bought them back in his own name and "certed" them, they would still show up in the OS, until he donates them back to the company, thus "springing the trap" on the NS.
And for bill: Urban didn't have to have them in his name. They could be in Carolyn's name, or Ron's, or any of a host of family members' names." ****************************
Good Lord, legal, get real!!! You were given a brain and you appear to be intelligent in many ways. Start using that brain and intelligence. You are beginning to sound like an idiot....and I know better of you.
Posted by legaleagle on :
quote:Originally posted by Wallace#1: legal, you wrote:
"If the corporation had repurchased the shares then you would be right. If Urban bought them back in his own name and "certed" them, they would still show up in the OS, until he donates them back to the company, thus "springing the trap" on the NS.
And for bill: Urban didn't have to have them in his name. They could be in Carolyn's name, or Ron's, or any of a host of family members' names." ****************************
Good Lord, legal, get real!!! You were given a brain and you appear to be intelligent in many ways. Start using that brain and intelligence. You are beginning to sound like an idiot....and I know better of you.
Other than a personal attack, what is your point?
Posted by Wallace#1 on :
legal,
That was no personal attack. I was giving you credit for having quite a few brains. I would like to see you use them instead of posting "swill".
The point is there is no way UC bought any shares for himself. That is a ridiculous statement. The family? Again, ridiculous! Besides, if that were the case the float would be practically nil (700 bil you say he might have bought back and another, what, 75+ bil they bought back re that other deal with a JV). That leaves no float, no NSS as you believe and no trading at the daily volumes you see from day to day. UC has most likely been pi$$ing away money from sales of the authorized on race cars!
My god, man, why in hell do you think the SEC is looking into everything about CMKX. If it is clean, there would be nothing to look at.
Sorry you took my post as a personal attack.
Posted by ed19363 on :
I wish the 17th would get here...maybe I could sell all this crap and not have to see ridiculous theories any more. I will never buy another penny stock, thats for damn sure.
Posted by bill1352 on :
ed, penny stocks are fun & there is money to be made, lots of it but only 1 in a thousand are worth holding & cmkx aint it...lol. some have huge o/s's huge as in 6 or 7 billion not just plain stupid as in 703 billion. i do agree that there are probably a few billion naked shares of cmkx & if the o/s was 6 or 7 billion it would cause a squeeze but how do you squeeze 703 billion?
Posted by Upside on :
Originally posted by bill1352:
quote:how do you squeeze 703 billion?
I know darn well that I should have a witty retort to your question but for the life of me I cannot come up with one.
Posted by bill1352 on :
your gettin old UP...lol
Posted by zippycal on :
To Ric, Upside, Wallace and some of the others.
In all honesty where do you see this going ?
Even if all the money is p*ssed away (which I agree with you I think it is) what about the land ? The land has to worth something right ? Considering how much other land in very close proximity is worth, I would think the CMKX land would have good value. CMKX seems to have more land than most up there. What is CMKX sold off the land in small pieces until it's all gone ?
What are some of the other reasonable possibilities ? I'm not looking for pumper responses here, but realistic views.
I have 10mil that I am holding, but I was smart enough to sell last run up and buy low. All my shares are free and I am also up another2k so I really can't lose here. I just want some honest opinions or possible scenarios of what happens from here. Pumpers need not reply.
Thanks, chris
Posted by Ric on :
I will not say there is no diamonds or anything else. Who knows since no one as checked like they said they were going to. They were to busy selling shares of stock to drill. But just because you have property beside a mine, doesn't mean you have it on yours. Yes land is valuable in most cases. But unless this property does have some type of diamonds, ores, minerals or something, what is this land worth. Its not like its near a city. This is in the middle of no where and if it was worth the rights why didn't Debreers buy it anyway. Still no one knows whats on it but as far as land value alone its probably worth little where it is located. Just ask this question if you think the land is worth anything. How did a pinksheet comppany with no revenues buy this land if it was of any great wealth?
Posted by bill1352 on :
the truth is it doesn't matter what they find on that land. it can't help 703 billion o/s. the only way to make this stock have value is find diamonds & r/s. the r/s needed will kill 10 million shares.
Posted by ed19363 on :
Someone correct me if I'm wrong, but I dont think CMKX OWNS the land, just the right to any minerals found. Therefore, the land is worthless to the company. Or is this just another bad dream I'm having....
Posted by ed19363 on :
quote:Originally posted by bill1352: ed, penny stocks are fun & there is money to be made, lots of it but only 1 in a thousand are worth holding & cmkx aint it...lol. some have huge o/s's huge as in 6 or 7 billion not just plain stupid as in 703 billion. i do agree that there are probably a few billion naked shares of cmkx & if the o/s was 6 or 7 billion it would cause a squeeze but how do you squeeze 703 billion?
Pardon the pun, but I've never made a penny out of penny stocks. Someday when we are old and grey, remind me to tell you the story of the 25,000 shares of AOL I bought for a penny in 1972.
Posted by Upside on :
zippycal, If you go on the assumption that all they have is the land (and if it's really theirs is debatable) the stock truly is worthless. Look at the areas on a claims map where everyone up there is focused. Then look at CMKX's claims. A small handful are on the outskirts of the area where everyone is concentrated but the vast majority are quite distant where no one else bothered to stake a claim. I'm not 100% sure but I don't believe they even own that land, they simply have mineral rights to it. So lets get wildly optimistic and say someone would buy up those claims for 100 million dollars. We're now left with a company with no assets, no claims, no anything except a pile of cash. Apply that 100 million to the 700 billion o/s and you wind up with nothing. The only way the pps of this company will ever rise is if one of the wild theories turns out to be true. To me that's as unlikely as the sun not rising tomorrow.
Posted by Nicholas on :
Are you serious ed?
Posted by ed19363 on :
quote:Originally posted by Nicholas: Are you serious ed?
Dead serious, Nick....matter of fact it was two shares for a penny, plus an option to double my holdings within one year if I liked the stock. America Online...yep, that was my big investment.
Posted by ed19363 on :
I put the certificate in a drawer for 15 years and forgot all about it until AOL started growing. Then I took the cert to Janney, Montgomery Scott to find out what it was really worth. They told me that the original America Online was a holding shell, and that sometime during the 80s they folded and sold the name to the current AOL company. Ergo, that cert was worthless...in half an hour I went from glee to glum in one step.
Posted by Ric on :
Ed, I thought the same thing. Then everyone was talking about land value and I thought that was wrong but after research I fould nothing thats states they own the land. They only own the mineral rights. This is common in remote places and was how the west was started in the US. So as far as my DD can find your right.
Ric
LAS VEGAS--(BUSINESS WIRE)--March 15, 2004--CMKM Diamonds Inc. (Pink Sheets:CMKX) announced today that the company has begun drilling on privately owned land in which CMKM Diamonds Inc. owns the mineral rights.
CMKM says that it holds mineral claims to more than 1.4 million acres in the Fort á la Corne area of Saskatchewan. While the Company suggests that diamonds have been discovered in Saskatchewan in general, and Fort á la Corne in particular, there is nothing to indicate that CMKM has uncovered a source of diamonds that justifies the current level of interest in its common stock.
Indeed, while CMKM recently announced the discovery of minerals that were "positive" for "diamond content," the Company has not offered any expert analysis that would indicate that there is any likelihood this will lead to the discovery of marketable diamonds.
In other words, there is no sign that this Company is, or will soon become, a revenue producing business.
The mystery surrounding CMKM emanates largely from its decision to cease providing audited financial information to shareholders and potential investors. The Company stopped filing public reports in July 2003, shortly after it failed to file its Form 10-Q report for the quarter ended March 31, 2003. On May 16, 2003, CMKM advised the SEC that the March 31st report would be filed late (but no more than five days late) because it needed "further time" to prepare financial statements. Late turned out to be never.
In the absence of current financial statements, there is no simple way for investors to determine the assets, liabilities, revenues or expenses of CMKM - or even the number of outstanding shares. Some details about CMKM, at least circa early 2003, can be culled from an "Information Statement" filed by the Company with the SEC on February 3, 2003. That Information Statement offers modest insight into CMKM's very brief history as a public company engaged in mineral exploration.
Posted by Nicholas on :
Damn
Posted by ed19363 on :
Ric, just shows how things get distorted under the influence of Koolaid...LOL...half the people who propound the weird theories have little or no experience in the stock market, and quite frankly have no idea what they are saying. So now everyone believes CMKX owns the land. I'm tired of arguing the points, I just want to sell it all and get back to the NYSE.
Posted by legaleagle on :
Stockgate Goes to Congress by Mark Faulk (3/10/05)
Congress finally took the first steps towards addressing the naked short selling issue known as "Stockgate" yesterday when, in a whirlwind week that began with a major court ruling in a lawsuit pertaining to naked short selling, gained momentum when a Michigan man provided Congress with a clear "smoking gun", and culminated with Senator Robert Bennett telling SEC Chairman William Donaldson in a Senate hearing that "Rule SHO is not working".
Letting the Courts Decide
In what attorney Wes Christian described as "a significant victory in our on going battle to bring restitution to our clients for the brazen manipulations that were perpetrated against them", a New York court last week ordered the Depository Trust and Clearing Corporation (DTCC) to produce trading records for shares of Eagletech Communications (OTCBB: EATC). Eagletech, who was represented in the motion by Christian Smith & Jewell of Houston, Texas and Koerner Silberberg & Weiner, LLP, of New York City, is a plaintiff in a stock manipulation action pending in the state of Florida. It commenced a special proceeding in the Supreme Court of the State of New York to obtain certain trading reports from the Depository Trust and Clearing Corporation.
It was the first major ruling against the DTCC in the naked short selling scandal, and could open the door for other similar rulings in the dozens of cases filed by Christian, famed attorney John O'Quinn (of the Houston law firm of O’Quinn, Laminack and Pirtle), and others on behalf of companies and investors who claim that they have been victimized by naked short selling. Christian and O'Quinn have also won favorable rulings on on behalf of Exotics (OTCBB: EXII).
The Smoking Gun
In what was the most significant development this week, a Michigan man, Robert C. Simpson, claimed to have acquired 100% of the shares of Global Links Corp (OTCBB: GLKCE), filed his purchase with the SEC, and , according to Financial Wire, had the certificates delivered to him, and then watched as over 50 million shares traded over the next two days. In fact, GLKCE traded another 447,000 shares just yesterday. How did major brokers buy and sell tens of millions of shares of stock in a company that had zero shares available? It's a question that the SEC, the DTCC, and the brokers themselves will have to answer in the coming weeks.
And, if that wasn't enough, another investor, Paul J. Floto of Dallas, Oregon, bought another 15% of Global Links' stock just his week, and filed his shares with the SEC as well, even though Simpson had filed his claim to 100% of the shares of the same company a month earlier. This is how Floto described his purchase in his SEC filing ( http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=3321340 ):
"On February 3, 2005 a single investor reportedly purchased all the common shares issued by the company, plus 145 additional unissued shares.
Subsequent to that date, over 95 million shares, or over 82 times the total shares issued, were reportedly traded, none of which were reportedly sold by the 100% owner of the common stock.
On March 4 and 7, I purchased a total of 180,000 shares, resulting in my obtaining 15.54% ownership of a stock reportedly already 100% owned by another investor. I assume that there may be additional investors who may also claim ownership of common shares of this company.
I have requested that certificates be issued to me representing my full 15.54% ownership interest, to protect my right to vote and enforce any other claims that may accrue to an actual documented owner.
I understand that Reg. SHO was supposed to detect and prevent the fabrication of millions of nonexistent shares. It would appear that my securities purchases prove that Reg. SHO has been systematically violated by market-making brokers and securities-clearing firms.
From time to time I may continue to purchase additional securities on the open market to increase my ownership interest to up to 100% of the company's common stock to give me an ownership interest equal to that of the current 100% owner."
Major Media Coverage
While this has been largely a grassroots effort in the past, with only a handful of publications covering the story, including www.faulkingtruth.com , www.financialwire.net , www.investigatethesec.com , and Judith Burns of Dow Jones, there has been an upsurge in media coverage lately, as the major media has finally begun to recognize the significance of the story. But while media outlets such as the San Antonio Express-News and WNBC in New York have done recent stories on Stockgate, NBC's Dateline continues to sit on a segment that has been in the works for well over a year. Their segment, which was originally scheduled to air in early 2004, has been postponed numerous times, and, according to our sources, is now scheduled to air "sometime before April 15th". I'll believe it when I see it. After the events of the past few weeks, the scandal might be well on its way to being resolved by the time Dateline finally gets their act together.
Congress To SEC: "Regulation SHO is Not Working"
While thousands of investors have joined advocates for stock market reform in speaking out publically, others have been quietly working behind the scenes to convince Congress to launch an investigation into the naked short selling scandal. We have been working with a number of people who have been busy lobbying members of Congress to take steps to end the rampant corruption that has plagued the market for years, and yesterday, those efforts finally began to pay off.
In a hearing in the US Senate Committee on Banking, Housing, and Urban Affairs, Senator Robert Bennett grilled SEC Chairman William Donaldson about the naked short selling scandal, citing the Global Links story and opening his statement by telling Donaldson "You put out a new rule in January to deal with naked short selling, and as nearly as I can tell from my constituents, who feel victimized by this - it's not working." He then went on to read from the Global Links article and said that "this article just last Friday in a national publication indicates that people are still selling short shares that they don't have and clearly are never gonna acquire."
When Donaldson tried to argue that "short selling is not illegal", Bennett interrupted him by saying "I approve of short selling, it's the naked short selling we're going after." Donaldson then tried to describe how the recently enacted Regulation SHO dealing with the naked short selling problem, and was again interrupted by Senator Bennett, whose final comment was "My main message here is that the evidence is Rule SHO is not working, so that's what we need to get into in detail." He concluded by directing Donaldson to present an "in depth briefing" to the committee.
What Now?
This is a major victory for those of us who have often felt as if we have been beating our heads against the wall in this crusade. Mark this day down on your calenders as the day that our voices were finally heard in the halls of Congress, but be aware that this is only the beginning, there is much work yet to be done. Now is the time to step up efforts to spread the word like never before, to contact Senator Bennett and all the members of the US Senate Committee on Banking, Housing, and Urban Affairs, the Senate Finance Committee, as well as your own Congressmen and Senators. Tell them that we demand justice. Remind them that President Bush wants to invest our Social Security money into a stock market where corruption is rampant. Tell them that a full Congressional investigation is the only solution to this national scandal, and continue to spread the word to the media and through the internet. Then, and only then, will our markets once again be safe for investors.
To listen to Senator Robert Bennett's testimony and SEC Chairman William Donaldson's response from the March 9th US Senate Committee on Banking, Housing, and Urban Affairs hearing, go here, click on "Video Archive" and fast forward to 1:19:30:
(Editor's note: Correction: Robert Simpson has NOT received his GLKCE stock certificates, as was originally reported by www.financialwire.net . Although he has requested them from his broker, they have yet to deliver them to his possession. We will keep you updated as new information becomes available.)
Add your name to our "Stockgate activist list" at info@faulkingtruth.com. We will email you only when we have new articles or information dealing with this issue. Please link the articles everywhere you can, post them on stock message boards, and send them to the appropriate public entities. To enact positive change requires positive action.
Thought some of you (especially dwman and Dusty) might get a laugh out of the following my nephew sent me:
Believe it or not you can read this!
I cdnuolt blveiee taht I cluod aulaclty uesdnatnrd waht I was rdanieg. The phaonmneal pweor of the hmuan mnid. Aoccdrnig to rscheearch at Cmabrigde Uinervtisy, it deosn't mttaer in waht oredr the ltteers in a wrod are, the olny iprmoatnt tihng is taht the frist and lsat ltteer be in the rghit pclae. The rset can be a taotl mses and you can sitll raed it wouthit a porbelm. Tihs is bcuseae the huamn mnid deos not raed ervey lteter by istlef, but the wrod as a wlohe. Amzanig huh? Yaeh, and I awlyas thought slpeling was ipmorantt.
LMAO!!!! Thought of a few of the posters here and elsewhere. I think my nephew was trying to tell me something. Guess I had better stop my attempts at enlightening him!! LOL
Posted by Dustoff101 on :
Wallace...Art posted this is the basic's of speed reading.
Posted by litesj on :
Why is it back to the symbok vs the number?
Posted by Pennytrade on :
Nothing news about the trading? Any news?
Thanks!
Posted by Ric on :
The speculation is that the switch was just the brokers clearing out buy/sell orders already made and that it would go back to symbol before it started trading again. Also some may get mad but after USCI halt alot of brokers would not allow buy orders on the stock anymore. That is a good possibility here.
quote:Originally posted by litesj: Why is it back to the symbok vs the number?
Posted by glassman on :
quote:Originally posted by legaleagle:
quote:Originally posted by glassman: that is stupid legal... GLOBAL LINKS?
GLKC - Global Links Reverse Split History
Symbol Split Ratio Date GOBC 1:350 R/S 02/01/2005 GBLL 1:350 R/S 10/08/2004 GLNK 1:40 R/S 04/16/2003 UTDT 1:8 R/S 12/21/2001
maybe the guy that THOUGHT he bought the company was drinking out of the same trashcan full of kool-aid that the cmk? guys were....
it was real popular in the haight-ashbury district back in the 60's
Glass, perhaps you should get this information to Sen. Bennett since he just broadcast the story nationwide in an interrogation of the SEC commissioner about NSS (that are also nonexistent LOL) . I am sure his Senate investigative staff have failed to investigate this matter as thoroughly as you. They have apparently been dipping in the Kool Aid as well.
LOL Eagle.... i can show you the PREFERED share conversion filing.... be careful with that ax,
------------ ----------
STOCKHOLDERS' EQUITY Common Stock Par value $0.001 (1,900,000,000 shares authorized, 287,787,799,and 37,972,799 issued and outstanding).(see note 4) . . . . . . . . . 287,788 37,973 Preferred Stock, Series B (15,000,000 shares Authorized, 15,000,000 and 3,335,000
those prefered shares? that's the purple koolaid...hope it tastes good....
Posted by glassman on :
the preferred shares are exersizable at any time..it says so in another filing...
me and Address of Reporting Person *
DOBRUCKI FRANK J 2. Issuer Name and Ticker or Trading Symbol
GLOBAL LINKS CORP [ GBLL ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
__ X __ Director __ X __ 10% Owner __ X __ Officer (give title below) _____ Other (specify below) President, CEO, CFO (Last) (First) (Middle)
4600 E. SUNSET RD., SUITE 320 3. Date of Earliest Transaction (MM/DD/YYYY)
8/31/2004 (Street)
LAS VEGAS, NV 89014 (City) (State) (Zip) 4. If Amendment, Date Original Filed (MM/DD/YYYY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YYYY) 2A. Deemed Execution Date, if any (MM/DD/YYYY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 3910000 D
Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivate Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YYYY) 3A. Deemed Execution Date, if any (MM/DD/YYYY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Series B Preferred Stock $0 (1) (2) (3) Common Stock 28000000 2800000 D
Series B Preferred Stock (1) 8/31/2004 P 10040000 (2) (3) Common Stock 100400000 (4) 12840000 D
Explanation of Responses: ( 1) 10 shares common for each 1 share of preferred ( 2) Anytime ( 3) None ( 4) N/A
Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other DOBRUCKI FRANK J 4600 E. SUNSET RD. SUITE 320 LAS VEGAS, NV 89014 X X President, CEO, CFO
Signatures Frank J. Dobrucki 9/22/2004 ** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4(b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Posted by glassman on :
mmmmmmmmmmmm poiple koooolaiiid goooood....
Posted by glassman on :
maybe if i draw it in crayon...
Posted by Dustoff101 on :
Hmmmmmmm..Poi and coolaids beam me up Scotty I am getting hungry N O w a i t I am finnally goings toetille madd.
Posted by glassman on :
just because it made it to Wash DC doesn't mean it's legit... hmmmmm even less than legit maybe...
Posted by dwman on :
quote:Originally posted by Dustoff101: Sometimes I feel like an ant under a cattle stampede around here. I am learning alot about stocks and the internal operations of a company,as well as greater insight into the goings on around Wall Street. [ goings on ] That should drive Dwman nuts.
Na...dusty, didn't drive me nuts. I was already that way. However, juspt put a hyphen betweein goings and on and you are ready to go...perfectly eenglich. goings-on
Posted by dwman on :
LOL... who did that to my post? I dilibritly mispelled only one word.
Posted by dwman on :
Probably same person who took one of my stars. Posted by dwman on :
quote:Originally posted by Wallace#1: Thought some of you (especially dwman and Dusty) might get a laugh out of the following my nephew sent me:
Believe it or not you can read this!
I cdnuolt blveiee taht I cluod aulaclty uesdnatnrd waht I was rdanieg. The phaonmneal pweor of the hmuan mnid. Aoccdrnig to rscheearch at Cmabrigde Uinervtisy, it deosn't mttaer in waht oredr the ltteers in a wrod are, the olny iprmoatnt tihng is taht the frist and lsat ltteer be in the rghit pclae. The rset can be a taotl mses and you can sitll raed it wouthit a porbelm. Tihs is bcuseae the huamn mnid deos not raed ervey lteter by istlef, but the wrod as a wlohe. Amzanig huh? Yaeh, and I awlyas thought slpeling was ipmorantt.
LMAO!!!! Thought of a few of the posters here and elsewhere. I think my nephew was trying to tell me something. Guess I had better stop my attempts at enlightening him!! LOL
Wallace, waht's rong with that?
Posted by Dustoff101 on :
Dwman......haz yews beanz a sippining thats thar coalaide aginn or is theec trealy a yews.
Posted by Upside on :
Wasn't me dwman, I'm star challenged myself. Still showing as 4 but my official rating is 3.96 and dropping. Might have to hit the campaign trail here.
Posted by glassman on :
you know what burns me up? there is a naked short problem, and it isn't being fixed...the sad part is that the weirdo companies are gonna make it HARDER to fix....
Posted by Upside on :
Originally posted by Glassman:
quote:the sad part is that the weirdo companies are gonna make it HARDER to fix....
How so?
Posted by Dustoff101 on :
OH OOooooo...... here come's the heavy weights.
I am going to take a drive down the coast. New wheels.
sometime's I feel like an ant under a cattle stampede.
Posted by Highwaychild on :
Glassman,what do you mean,how would you fix it?
I haven't ever seen anything like this o/s.Just wondering what could be done to work with it, besides an rs.If there was a massive buy back, and there was a low float and there was some good news for a change, that could raise the pps wouldn't it?I understand you will have alot of room for dilution, but those shares could be put back in the company to lower the o/s,or not?
Posted by Wallace#1 on :
Glass,
You have an unrelated PM.
Posted by Wallace#1 on :
Hwy,
CMKX probably has no money. Would not surprise me if shs were sold to pay UC's salary and others' salaries + expenses. Then, whatever UC got went into race cars plus fun, fun, fun. No one that I know of has heard anything about UC's salary.
Posted by bill1352 on :
i agree glass, its companies like cmkx that dilute the ##@%&^* out of a stock that kill fixing the problem. i'm sure there are a few billion naked shares of cmkx maybe even 30 or 40 billion but who cares? if the company is going to dump 703 billion on top of that then the SEC can point to it & say "how can ya tell?" then to have a clown of a congressman open his mouth in a good effort but never check on the company he is using as an example is beyond me. the aid that handed him that need to be rode out of town on a rail. there are so many more real companies to choose from that are naked shorted. at least that lawyer group is getting things done for the companies they represent, unlike a certain lawyer thats had his butt & feet kissed around here. if nbc would broadcast that show it would get a lot bigger push going.
Posted by Upside on :
I agree with what you're saying bill but I don't see how a monsterous o/s makes it any more difficut to prove or disprove a naked short position, at least if the company in question is filing. I hope Glass comes in here and explains further what his thinking was but I think it might have something to do with companies that set up layers of preferred shares with differing conversion rates to common. That can make it almost impossible to truly gauge the actual o/s at any given point. It sure looks like you're right about the congressman that started screaming about the short position in Global Links though. That looks like a huge mistake where no research was done at all.
Posted by glassman on :
i put an outline together as clearly as i could with the filings as i found them in general investing topics...
the "sad part" that i am talking about is that this was presented to the Senate as an exmple of NS'ing, and even if it was NSed? the MM's could get all they needed by asking for a conversion from the CEO.....EZ money.....
yes the shareholders are hurt, but it was likley to happen anyway given the past history
sad, because this one was presented INSTEAD of a company that is actually being hurt by NSing
Posted by bill1352 on :
added this to glass's link but thought a few might enjoy this
the new cmkx tshirt...
GOT CMKX??
IF NOT
WE'RE PRINTIN' AS FAST AS WE CAN
Posted by legaleagle on :
Posted Mar 2, 2005, 12:30 PM ET by Dave Patch Wall Street self corrects? Look at this example:
Global Links went through a 1:350 Stock split on February 1, 2005. They reduced their entire O/S to 1,158,000 shares. Prior to the split they were trading at $.07/share. On February 3, 2005 a single investor purchased 1,158,000 shares of the security for slightly more than $5K. He filed with the SEC claiming 100% ownership of the O/S. Here is where it gets bizarre.
Global links has traded 100 Million shares since February 1, 2005. That is 100 Times the reported O/S as reported by the Company in an 8-k
2. Obviously Wall Street did not conduct theeverse split as required. Where is the oversight to this issue?
The reason this is allowed to happen is because the Regulators are fools and let Wall Sreet do whatever they want. Somebody screwed up but.. according to the filings, people are buying this stock based on a valuation with only 1.1 million shares in the O/S. How do you correct that fraud?
Posted by Dustoff101 on :
..Well,...we know one thing for a fact U/C can spell Penatentury better than I can. I think.
sometime's I feel like an ant under a cattle stampede
Posted by legaleagle on :
Repost from that other board
CMKX and DeBeers Joint Venture Project? Schmedrick Dr. Of Diamonds
member is offline
Gender: Posts: 116 CMKX and DeBeers Joint Venture Project? « Thread started on: Today at 2:05pm »
-------------------------------------------------------------------------------- I found this CMKX claims map on the Phoenix races website. I enlarged the map to take a closer look at it and could not believe what I think I am seeing.
Take a look at the huge Kimberlite's in the middle of DeBeers property, what color are they?
Now take a look at the colored legend at the right side of the map and look at the red square, CMKM Project Surround.
Now go back to the DeBeers Kimberlite's again, what color are they?
You might be thinking that those Kimberlite's were just colored because they are Kimberlite's, well that's what I first thought too until I looked at the other Kimberlite's on DeBeers property, but they are colored Black. So adding color to the Kimberlite's just because they are Kimberlite's does not add up.
Am I imagining things here? If those colors on DeBeers huge Kimberlite's are a true representation of the colored legend on the right side of the map, then CMKX may have indeed hit the Mother Lode, and much larger than I could have ever imagined.
You may have also noticed that there is a very large Pink area of claims directly east of DeBeers property that according to the legend on the right side of the map is now owned by United Carina, one of our JV partners. I don't know about you but it sure looks to me like CMKX has locked up the entire Fort a la Corne claims area.
Here is the original map that I used to enlarge the one up above, if you look close you can see the colored Kimberlite's on DeBeers property.
What do you guys think about all this? I think I just had a heart attack, lol!
Posted by glassman on :
Legal...how was the KOOLaid? Posted by legaleagle on :
Today's NASCAR Race. Check the billboards.
Posted by Ric on :
Advertising is done well in advance. That was there when CMKX was still selling there product (shares) cmkx. What else does "Got CMKX" stand for. There whole business has been selling stocks and why not. At a dilution of 630 billion shares thats makes them after payoffs around $350,000.00 a day. How can I get by with that. Man, no one can claim UC isn't smart but most cons are. Make sure and drink the koolaid flavored beer. This is Nascar remember.
Ric
Posted by ed19363 on :
Actually, that should read CMKX GOTCHA !!!!
Posted by roadrunnerv8383 on :
quote:Originally posted by Ric: Advertising is done well in advance. That was there when CMKX was still selling there product (shares) cmkx. What else does "Got CMKX" stand for. There whole business has been selling stocks and why not. At a dilution of 630 billion shares thats makes them after payoffs around $350,000.00 a day. How can I get by with that. Man, no one can claim UC isn't smart but most cons are. Make sure and drink the koolaid flavored beer. This is Nascar remember.
Ric
ot: speaking of nascar, i see your from bristol, tn. ever go the BMS? i went to the spring race the year before last.
Posted by Ric on :
Not as much as I used to. When I was a kid, I went all the time but back then it was cheap to go. I actually live right behind the track Can here the race from my house. I went this Aug. but was working as a hotel manager the year before last. Little time to go to race a rip off race fans at the same time, well not me but the owners. Bristol is the worst for hotel rippoffs at race time. $200-$400 a night for $40 rooms with a three night min. You know our hotel made 1/6th of its annual revenue from Nascar, lol.
Ric
Posted by Dustoff101 on :
Ric....whats the stock symbol for that hotel. Looks profitable to me. Hey Hey
Posted by Ric on :
JOHN L. SMITH: Feds demand more from diamond company than flashy news releases
Las Vegas-based CMKM Diamonds has dazzled thousands of investors with its claims of locating a glittering fortune in icy Saskatchewan, but the Securities and Exchange Commission is now officially unimpressed.
The SEC announced Thursday that it was temporarily suspending trading on the flashy penny stock after concerns arose over the adequacy of the company's publicly available information. A company's assets and liabilities, business activities, share structure and stock details must be reported properly to the SEC.
The suspension began Thursday and is scheduled to continue through March 16.
CMKM, which trades as "CMKX," has produced dozens of news releases touting the potential of its supposed Canadian diamond exploration, but it has failed to file necessary forms with the SEC.
"The Commission cautions brokers, dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information subsequently issued by CMKM Diamonds," the SEC stated.
In his order, SEC Secretary Jonathan G. Katz said, "The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading" in CMKM.
I recently reported that the SEC was investigating CMKM and had seized dozens of accounts at a local bank, where the company was suspected of moving an estimated $64 million in recent months. The report was met with skepticism by dozens of CMKM investors, who have bought into the company's dizzying tale of riches within reach in the Canadian province.
In a recent CMKM news release, President Urban Casavant announced that his company was updating its "corporate strategy" with an eye to complying with SEC rules. One recent move was to bring in former Howard Hughes aide Robert Maheu.
"Today, CMKX is embarking on an aggressive, strategic plan that is intended to transform the entire corporation into a tightly focused mining and development company," Casavant said in a Feb. 11 statement not long after I reported that CMKM was under SEC investigation. "It is our intent to use all available resources to generate consistent, long-term growth and profitability for our stockholders."
Obviously, the SEC decided not to take Casavant at his word.
Informed sources say the SEC has focused on particularly suspicious stock sales during its local investigation.
Even more eye-popping than CMKM's publicity effort is the estimated trillion shares of its all but worthless stock that has flooded the penny market.
Web sites that scrutinize publicly traded companies recently noted the banning of CMKM and its subsidiaries from trading in Canada. The company has responded with more news releases.
Meanwhile, CMKM's logo shines on a variety of dragsters and racecars.
Posted by Binky on :
[QUOTE]Originally posted by legaleagle: [QB] Repost from that other board
I found this CMKX claims map on the Phoenix races website. I enlarged the map to take a closer look at it and could not believe what I think I am seeing. ====================
Hi all
Here is another link to claim maps for the FALC region in case anyone doesn't already have it.
Ric, after reading your post, I have a sneaky feeling that CMKX will not resume trading on the 17th. The SEC isnt taking any crap this time. It's put up or shut up time for UC, and other than "flashy PRs" I dont think he has anything to say. If he did, the filing would have come out long ago. It doesnt take that long to put financial affairs in order with a team of supposedly infallible lawyers working on it. This is IMHO, but I really think this one is dead.
Posted by bill1352 on :
i see legel & the cult are going a new route. they are now twisting a map showing claims into a map showing kimberlite because if you notice its the same map as binky put up. the same one that been around for a yr..lol. thats some da** strong kool-aide, must be a new batch. notice they call it CMKX claims, leaving out the other 3 companies on that list. the other owners of the same claims. i do wonder though, USCA wasn't listed. it would be nice to one day get the whole story on those 2 companies. from the SEC not them.
Posted by ed19363 on :
Bill, by the time the whole story comes out, we will be waving byebye to our money as it swirls down the bowl.
Posted by dellamorte dellamore on :
They have a new strategy with an eye towards complying with Sec regs , so i guess they haven't been up until this point .
Posted by bill1352 on :
ed...my cash was flushed last yr for tax reasons. i only keep 62k just so i could feel ok posting in here. don't post on stocks i don't own very often. i will say cmkx does have value...a great tax write off..lol. i'm guessing if it does start re-trading we will see huge volumes for a week or more. thus if by chance it has a large naked short it will be covered at .0001. the mm's know its under sec investigation, they will want any naked shares cover for the sec, why open a can of worms for a diluting pos like cmkx.
Posted by glassman on :
Smear campaign or not; OUR ASSETS SPEAK VOLUMES!..
It is our IMMENSE number of valuable assets (minerals/natural resources) that have attracted influential investors and an elite group of executives and attorneys. In the end, it will be these same assets that will bring success to CMKM Diamonds, Inc. in the world of mining and the stock market in general, and in turn bring prosperity to all those loyal shareholders that could see beyond the smoke. As they say, "expect the unexpected" for big things can happen when all appears to be at it's worse.........in the world of the pennies and subpennies getting caught "with your pants down" is the norm. Again, focus on the "big picture" and not the little mosquitos that bite you along the way.
Just to clarify............
Using the logic of geographic location to other KNOWN mining companies and to the minerals and resources that are indigenous to the areas that CMKM Diamonds, Inc. has properties/claims to (as well as the big names we have acquired and the huge attention we are getting), I personally (and I stress personally) can conclude that the assets are not only huge but valuable. As for the evil forces we are dealing with, they are numerous. But if CMKM Diamonds, Inc. can cross every t and dot every i and individuals such as the attorneys in The Stoecklein Group, Roger Glenn, and Robert Maheu can prove to the SEC and any other "powers that be" an ugly manipulation that cannot and will not be swept under the carpet, then we have a leg to stand on. Meet this with a behind the scenes agreement by all parties to somehow get a piece of the pie, and the company can move forward and observe ALL OF IT'S ASSETS for what they are worth and thus achieve the prosperity it deserves. Anything is possible, so all we can do is be patient and wait.
All of the above is IMHO.
God Bless to all!
Peter (Dxild)
Posted by bill1352 on :
" focus on the "big picture" and not the little mosquitos that bite you along the way."
would that include the 703 billion little mosquitos called shares?
Posted by Highwaychild on :
Glass, that's pretty funny.You could buy one for the little lady.lol
Hey you're probably going to watch NASCAR race,see if you can read the writing on the wall...
Although alot the race fans seeing the "GOT CMKX?" will probably be wondering what the hell is CMKX,and how do you get it?Tomorrow,they may be like, "Now,how come I can't get it?"LOL
[ March 13, 2005, 15:10: Message edited by: Highwaychild ]
Posted by glassman on :
i can't help it if kool-aid is popular....
i prefer cabernet...
facts iz facts...i play roullette once in awhile... that's a better investment...LOL at least i have a one in 38 shot at winning...
you guys that have ALREADY paid for all those signs should be asking yourselves why it's not available too...
Posted by Ric on :
Still have to remember this is Nascar and ads are not available over night. This was a done deal long before cmkx was a done deal. Probably was done months ago.
Posted by glassman on :
i wonder how much of the investors money was spent on them?
probably not as much as was spent on the dragster and othe hobbies....
Posted by Highwaychild on :
That's true.
But it's pretty good advertising, only 8 laps in and I've allready seen it 4 times. Once from Dale Jarret's in-car cam.
Posted by roadrunnerv8383 on :
im watching the race also, i just saw the ad too.
Posted by glassman on :
i'm a Mark Martin fan... so far so good...too bad for Dale Jr. i can't 'magine waht he was thinking going into the corner that hard..
Posted by roadrunnerv8383 on :
quote:Originally posted by glassman: i'm a Mark Martin fan... so far so good...too bad for Dale Jr. i can't 'magine waht he was thinking going into the corner that hard..
im a tony stewart fan. jr is terrible at las vegas. remember last year when he was losing 1 sec a lap and finished 35th? i believe he went down 1 lap in the first 25-30 laps. they just cant seem to get the right set up on the flat oval tracks.
Posted by Highwaychild on :
mark's engine ate a valve... hopefully he can finish and a tleast pick up a few more points..
Posted by Highwaychild on :
I hope so too!I like Mark,he's one of my favorites. I thought he was going to get the Nextel championship last year.Oh well,he didn't miss it by much.I'd like to see him get it this year.I meet his car owner Roush the year before last at Bristol,really a fine person.Hope he spends the extra money and details on Mark's car this year instead of on the other drivers cars he has.
Posted by roadrunnerv8383 on :
mark martin is the best nascar driver to of never won the championship. hes finished 2nd in points 4 or 5 times in his career. if tony cant win it, i would definately have to be pulling for martin to win it since this is his last year. im sure you all remember 2002 when tony beat martin by 38 points for the championship, well it was really only 13 points but martin got a 25 point deduction for not passing tech inspection for a race late in the year.
Posted by Dustoff101 on :
..Well, I am not an expert about CMKX,.....However I am an expert on " Horse - Chit"
When I was a kid I mucked out stalls on our horse farm inhabited by ..Thoroughbred race horse's,.. cutting horse's,..jumping horse's,..and just plain regular working stock,.. and I can't leave out Ceaser. Nobody could ever figure out what Ceaser was good for. So we just kept him around ,and fed that lazy good for nothing horse while I had to muck out his chit!!
So you can see that YES I am an expert about horse chit. Now,..when the racing season was on and the horse's were at the track with the Trainer....Something very strange would happen to all that chit....A mushroom grower would come to the stable area and buy it!!....Now as a enterpriseing kid I got a idea,,,what if I could get them to come out to the farm and clean out my stalls,,, heck, Iwould give them all the chit they wanted for free.!!
Now,,, this is where I have a problem ..There were different grade's of quality control on the chit ,,,To fresh??,, they had to cure it a bit..If it had wood chips in the chit they did'nt like it [ the buyers ] I guess the mushrooms did'nt like the chips with to much urine and manure soaked in.,,,,,
So,... would ya'll please grade my stocks on the mushroom grower's scale,,,Heck I am open to suggestions if you have a better scale to work with than mine......How about it WALLACE ,,,DWMAN ,,,Heck anybody I really need some help here !!!!
These are my stocks SHARES CMKX=600000 USCA=355 GEMM=420 CMKM=318156
Posted by Highwaychild on :
LOL! That chits tooooo funny D101! But I think your portfolio might could stand a little bit more diversification.
Someone did come on here once and said we shareholders were like mushrooms.Kept in the dark and fed horsechit.
Posted by Upside on :
So, what are everyones thoughts? Does CMKX resume trading later this week or is their registration pulled before trading resumes?
Posted by Dustoff101 on :
..Highway,,,, I hold,.. VFIN,,, GTEL..but I don't want them mixed up in the horse puckeeeess.
Posted by Highwaychild on :
You got a coin I can flip?LOL
Me,I hope not.I'm hoping for a reverse merge, tender offer, or CMKX goes private.
Posted by Highwaychild on :
Well then D,looks like your in pretty good shape if you've had 'em long.Way to play!
Posted by Wallace#1 on :
Dusty,
Funny you should mention hore$hit and mushrooms. My wife's cousins grew mushrooms and also bought/sold horse manure. The one that hauled the horsecrap was driving across a toll bridge and the guy said, "That stuff smells like $hit!" The cousin said, "It may smell like $hit to you, but it's bread and butter to me!" No joke. Incidentally, had cattle so I grew up hating the smell of bull$hit. We had 1 killer quarter horse and I loved the smell of horse$hit. Ended up shooting that damn horse....kept rearing up and rolling backward in attempts to squash the rider.
Re your stocks, Dusty, I feel sorry for you. Did you never buy other stocks? Is there a way you can dump ALL of them and start all over again without losing too much? A fresh start?
Posted by Dustoff101 on :
WALLACE...Yep...you been around.That's tuff putting down a Horse.Even when you want to, it's a damn hard thing to have to do..
Man o Man....All of them ??? even VFIN,,,GTEL.
Posted by Wallace#1 on :
quote:Originally posted by Dustoff101: WALLACE...Yep...you been around.That's tuff putting down a Horse.Even when you want to, it's a damn hard thing to have to do..
Man o Man....All of them ??? even VFIN,,,GTEL.
Well, damn Dusty, all you mentioned above was the garbage and associated garbage companies. Wasn't talking about others.
Posted by Dustoff101 on :
WALLACE,,,I know I am buried alive, upside down in Horse puckees in the CMKX manure pile.I was greedy and naive, my wife has a few other words.But I am not going there!!!!
..WHuuuuooo...you startled me on my other two. .Wow...glad we cleared that up couse I have been feeling agressively comfortable with VFIN,,,GTEL
Now I still do again.
THATS what can happen sometimes when I Horse around to much.
Posted by Dustoff101 on :
WALLACE....your statement when you said... Quote,I love the smell of horse$hit.... Hate the smell of Bull$hit....Your right, horse$hit does smell better than bull$hiT!!!.
It's an insult to Horse's to compare there $hit to CMKX.
ALSO...I never bought GEMM USCA CMKM they came as devidens [ devidens maybe that will flush out Dwman] Man o Man did I ever get screwed.
Posted by Doctoall on :
Is March 17th going to be a Good Ole Irish Lucky Day or is it going to be an Irish Wake followed by a funneral? OR maybe lucky for Urban and a funneral for us shareholders!!!
Posted by finky on :
quote:Originally posted by Upside: So, what are everyones thoughts? Does CMKX resume trading later this week or is their registration pulled before trading resumes?
Dont really know if they will resume or not, Got a funny feeling whatever happens we wont even hear so much as a peep from the company.
Posted by Doctoall on :
quote:Originally posted by finky:
quote:Originally posted by Upside: So, what are everyones thoughts? Does CMKX resume trading later this week or is their registration pulled before trading resumes?
Dont really know if they will resume or not, Got a funny feeling whatever happens we wont even hear so much as a peep from the company.
Thats not a funny feeling, its an actual feeling, but who knows with this company Posted by dwman on :
quote:Originally posted by Dustoff101: WALLACE....your statement when you said... Quote,I love the smell of horse$hit.... Hate the smell of Bull$hit....Your right, horse$hit does smell better than bull$hiT!!!.
It's an insult to Horse's to compare there $hit to CMKX.
ALSO...I never bought GEMM USCA CMKM they came as devidens [ devidens maybe that will flush out Dwman] Man o Man did I ever get screwed.
Oh my goodness.... I have become much too predictable. LOL
Posted by dwman on :
Wallace... Like you probably were.... I was riding horses when I had to climb up on a fence to get on their back. I rode bareback and was so light I work my dad's rubber boots to anchor me on. LOL I love the smell of horses but not what they drop on the ground.
Posted by dwman on :
quote:Originally posted by Wallace#1: Dusty,
We had 1 killer quarter horse and I loved the smell of horse$hit. Ended up shooting that damn horse....kept rearing up and rolling backward in attempts to squash the rider.
Re your stocks, Dusty, I feel sorry for you. Did you never buy other stocks? Is there a way you can dump ALL of them and start all over again without losing too much? A fresh start?
LOL... Now I know why you are the way you are wallace. Horse fell on your head. LOL.... j/k
I had an old bay gelding called snip. He would rear up...turn around and head for the barn. My brother-in-law gave me a broom stick and said "whack him between the ears when he does that". I did. Never had another problem with him doing that. Heck of a job shoveling a hole big enough to bury him. LOL No, didn't injure him but it sure got his attention.
Posted by Upside on :
Originally posted by dwman:
quote:I had an old bay gelding called snip.
Appropriate name, kind of mean though.
Posted by dwman on :
Mean? I wasn't calling wallace snip.
Posted by dwman on :
Oh... you are talking about hitting him between the ears. lol
come to think of it.... i kinda like that name for wallace. lol
Posted by legaleagle on :
Dr. Patrick Byrne's Summary Of The Naked Shorting Problem
Dr. Patrick Byrne's Summary Of The Naked Shorting Problem From the Overstock Message Board - 3/13/05
Dear Colleagues,
The issue of “naked shorting” seems to be becoming a news item, and is even (perhaps) a scandal in the making: I have been called by several publications in the last week to discuss the issue, and there is word of a major exposé on a network news program to run soon. This is especially topical, given the issue of Social Security private accounts.
As is known by those who have been regular readers of this board, my involvement with the issue is that of a concerned citizen. However, I figured I would write something here so those who are interested can follow along. Some of this draws together points I have tried to make in earlier threads about “Wall Street Criminals,” but most of this is new. I have tried to explain here the Failure-to-Deliver and Naked Short issue in plain English. You auction sellers in particular will find many parallels between this issue and the issue of auction fraud, albeit it on a grander scale. In any case, I hope that those who are interested may find this a concise and useful précis on the issue.
1. Shorting Stock: This is a legal and honorable method of investing. Suppose a share of IBM stock is trading at $90, but I expect IBM to go down. I “short” it. This means that, through my broker, I borrow a share of IBM, sell it in the open market, and collect $90. Assume that IBM then drops from $90 to $50. That is as low as I think it is going to go, so I “cover” my short: I take $50 of the $90 that I collected, I buy a share out in the market, and return it (through my broker) to the person who loaned me a share in the first place. I am left with $40 profit.
2. Failure-to-Deliver (“FTD”): The American stock market runs on a “T+3” system. This means that when you sell a share of stock, you have 3 days to deliver that share. If you do not deliver within 3 days, you have, “failed to deliver,” or “FTD’ed”. Think of this like someone who posts auctions but does not deliver the goods.
3. DTCC: Depository Trust & Clearing Corporation. This is the back-office of Wall Street. Rather than have people run around with paper stock certificates, the DTCC keeps electronic records of who owns which stock at which brokerages, and settles the trading of stocks. If you “FTD” (“Fail to Deliver”), the DTCC are the folks whose books don’t match.
4. Strategic Failures to Deliver: Not all FTD’s are necessarily illegal. Someone may forget to get shares of stock out of her sock draw and deliver them to her broker within three days of a sale, yet this does not make her a criminal. Also, in the center of Wall Street there exists a job known as a “market maker,” someone who is charged with maintaining an orderly market in a stock by continuously buying and selling to create liquidity. Market makers are allowed (on a good faith basis) to buy and sell stock that does not exist, temporarily, just to keep liquidity in a stock. Again, this is expected and allowed. What is not allowed, however, is for investors to sell and fail-to-deliver purposefully: doing so (through a variety of mechanisms that I will explain below) in an attempt to manipulate the price of a stock, is a “strategic” failure-to-deliver. Some folks believe that Strategic FTD’s played a role in the 1929 meltdown. In any case, there have been regulations against it since 1933 (regulations which provide for criminal and civil penalties). The slang term for “Strategic Failure to Deliver” is, “naked shorting.”
5. The Economics of Naked Shorting: The gist of naked shorting is simply, when a hedge fund pretends to short a stock (I say, “pretends” because it is stock that it does not really own, and which it does not really borrow). It sells those made-up shares into the marketplace, and collects the money just as though it sold real shares (note that this is “counterfeiting,” more or less, though with electrons rather than paper). If it is stock in a small company, and does not trade with much liquidity, then the hedge fund can keep “selling” its made-up shares and drive the stock price down to wherever it wants it to go.
In a healthy market, the check-and-balance on shorting would simply be the number of shares that are available for short sellers to borrow and sell. Since there would only be a finite number of shares to borrow and sell, there would be only a finite amount of pressure the shorts could bring upon a stock (and it would be offset by buying pressure holding that stock up). But if naked shorting is allowed, then there is no limit on how many bogus shares hedge funds can create. Thus means they can drive a stock’s price down close to $0. At the very least, this practice destroys peoples’ savings (remember, the shorts make money by driving the stock down, whereas any stockholders lose that same amount of money as the stock price drops). Some folks believe companies have been driven out of business by this, because they cannot raise new capital once those stocks have cratered badly enough.
The key is this: if given the right to create an unlimited number of new shares, essentially out of thin air, not limited by the number of shares “in the borrow” as legal shorting requires, these hedge funds can always drive the price down and always cover for a profit. That is why it’s, “illegal.”
6. How can Naked Shorting Occur in Our Regulated Markets?
_____a. The lazy explanation: How can a hedge fund get away with selling shares it neither owns nor borrows? One theory is that the DTCC (and some brokers) look the other way for “favored” clients. “Sell 100,000 shares of XYZ for me.” “Do you have the shares?” “Oh, you know I’m good for it!” Large clients enjoy such favored relationships and, because they have deep pockets, the DTCC and the brokers assume they can trust those clients to operate like this and true things up later. This lackadaisical attitude, however, gives dishonest hedge funds opportunity to “sell” stock that does not exist, and thus create downward pricing pressure that becomes self-fulfilling: as the stock gets driven down it reaches the point that other owners lose confidence and dump their stock, and as it gains downward momentum, the naked shorts can cover their shorts and move on.
_____b. The sleazy explanation: Believe it or not, there is a more insidious explanation of how this game works. Imagine that a sleazy hedge fund chooses a small, illiquid company to attack. Often that company is in a poorly understood sector, or is a company with some accounting complexities so it will be possible to create “where there’s smoke there’s fire” skepticism about its books. Here is what happens:
__________i. The hedge fund gets that US firm listed on foreign exchanges.
__________ii. That hedge fund then “sells” shares it neither has nor borrows.
__________iii. When the DTCC calls after three days and says, “Where are those shares?” The hedge fund replies, “I borrowed them on the German exchange, they will take a few weeks to show up,” or “I am a market maker for the German Exchanges in that stock, and thus excluded from the no naked shorting rules.”
__________iv. With a nudge and a wink the DTCC says, “OK, we’ll loan you from our own reserves of that stock.” The DTCC collects a high fee from the hedge fund to do this.
__________v. The hedge fund has relationships with a few compliant reporters, who are called and told, “Do a hatchet job on Company XYZ.” They do so, perhaps in return for off-shore compensation.
__________vi. The combination of bad publicity coupled with the selling of an unlimited number of shares drives the stock down to the point either that the hedge fund covers and moves on, making a quick $20 - $50 million, or the company goes bankrupt, or simply remains a penny stock (in which case the hedge fund never has to cover its short, and hence, never pays taxes!)
7. The Regulatory Environment: After years of pressure, in 2004 the SEC promulgated Reg SHO (for “SHORT”), which directs the exchanges (NYSE, NASDAQ, etc.), to start publishing early in 2005 lists of companies whose FTD’s exceed a reasonable amount (“reasonable” = “greater than .5% of the shares in the company”). This list is called, “The Reg SHO Threshold List.” It does not list the amounts of FTD’s, just the names of companies that are experiencing them.
The way Reg SHO is supposed to work is as follows. If a company crosses beyond the threshold of a reasonable amount of FTD’s, and then stays there for 5 days without crossing back under the threshold, its name goes on the Reg SHO list. Then, after 13 more days, if it is still on the list, brokers are supposed to tell those hedge funds that are failing to deliver that they must stop failing to deliver, and those brokers are not supposed to take any more short sale orders from those accounts for those stocks.
8. Reg SHO is flimsy: So flimsy, in fact, it set folks scratching their heads - does the SEC not get it? Here is why it is flimsy:
_____a. Telling the hedge funds after 13 days, “You are not supposed to do any more naked shorting in this stock,” is meaningless - they weren’t supposed to be naked shorting it in the first place.
_____b. There are no sanctions for violators.
_____c. Why grandfather violations that have been illegal for 71 years?
9. Two theories regarding how big a problem this is:
_____a. Tame theory: This is a problem for a small percent of companies, just those that find themselves on the Reg SHO list. Thus this is not a hard problem to fix. But fixing it is going to cause a lot of hedge funds to lose money. They are well-connected with the SEC, and the SEC is co-opted to the point that they are tightening down on this half-heartedly.
_____b. Extreme Theory: This problem is so endemic that if the SEC tried to fix it the system would crack. There are so many losses waiting to be realized by the hedge funds, it would be like the failure of Long Term Capital Management, but on a massive scale (see Roger Lowenstein’s, When Genius Failed, for an excellent explanation of the risk that the failure of even one large hedge fund put on our financial system). In this scenario, the reason the SEC is not being suitably aggressive is because they know the problem has gotten beyond what can be solved without a systemic failure.
10. Which theory is correct? I don’t know. No one knows outside the DTCC, SEC, and maybe the NASDAQ and NYSE. And they are not telling. I have asked the DTCC, SEC, and NASDAQ for the size of Overstock’s FTD, but they all refused to disclose it. This amazes me: if I sold 100 shares out the back door of Overstock without registering them I would go to jail, but (per our inclusion on the SHO Threshold list) some hedge funds have sold hundreds of thousands (or millions) of phantom shares, and the SEC and DTCC protect them. When I ask, “By appeal to what law or regulation are you refusing to disclose this to me?” they clam up. This is one of the warnings telling me that this may be a problem of catastrophic proportions.
I hesitate to describe the others, as it sounds like I might be lining my hat with tinfoil. But in the interest of completeness, I shall. In 2004 it became public that one well-known short seller, David Rocker (of Rocker Partners), was shorting our company. In October, 2004 I invited him on a conference call to debate me, and it got pretty nasty (see this transcript for details:
Click here for the transcript
Immediately thereafter some knowledgeable-sounding people got in touch and warned me of four things to come, in this order:
_____a) Reporters A, B, C, and D would call and do hatchet jobs on me, as they were lackeys to Rocker;
_____b) I would find Overstock.com listed on innumerable foreign exchange;
_____c) We would find ourselves on the Reg SHO Threshold list when it came out in January.
_____d) The SEC would announce they were starting some inquiry on us.
I already knew Reporters A, B, and C, who had gone far out of their way to write uncharitable articles about me, and while I always wondered at their eagerness to do so, I gave the prediction of more such articles little credit. Yet I had never heard of Predicted Reporter D (Elizabeth MacDonald of Forbes): within two days, she (along with A, B, and C) had called with clear intent to write something unpleasant. Elizabeth hunted for a week, then gave up: we are so squeaky clean, the most such reporters can do is write anodyne trivia: e.g., Herb Greenberg actually once devoted a whole column to how quickly or slowly I returned his calls, and how this could be interpreted as a sign of sinister intent (as opposed to, say, whether or not I was getting on and off planes as I synched my emails).
Then over the autumn of 2004 we found ourselves listed on five exchanges in Germany and one in Australia: someone went to all the trouble to get us listed on these exchanges, though hardly any shares have traded since (this confirms the theory that these foreign exchanges are used simply as smoke screens by hedge funds needing an excuse for the DTCC).
On January 27 we appeared on the Reg SHO Threshold list (only about .4% of companies are on this list).
Thus, these “crazies” had made four pretty far out predictions. The first three of them have come true. The test of any theory is its ability to make accurate predictions, and the “crazies” have passed that test. So I started paying a lot more attention to what they had to say.
Incidentally, their fourth prediction (the SEC trying to make trouble for me) has not come true. However, an increasing number of smart people are telling me that, now that I am taking a lead role in this issue, and am the first non-fringe player to do so, the SEC is going to crucify me, for they (according to these sources) are thin-skinned, vindictive, unused to criticism from those whom they regulate, and partly captured by the very hedge funds that benefit from these practices.
11. The “Pay-No-Attention-To-The-Man-Behind-The-Curtain” Responses: A party line has developed within Wall Street that runs like this:
_____a. “There is no naked shorting”: This used to be the party line, but since 300 companies appeared on Reg SHO since January 2005 it has worn thin.
_____b. “Reg SHO will address this problem”: As only a handful of those 300 firms have dropped from the Threshold List, this is dubious, too.
_____c. “CEO’s who make an issue of this are just mad that their stock is down.” I have nothing about which to be mad: our stock is 2-3X where it was in early 2004. I am trying to bring attention to this because there is a risk to the public.
_____d. “The folks who make a big deal about this are crazies who line their hat with tinfoil.” Could be. I know they sound whacko. I know I sound whacko, too. But the test of a theory is its ability to predict, and these “crazies” make accurate predictions. I have been called by precisely those journalists they predicted would call me. OSTK has appeared on 6 foreign exchanges, none at our own request. On January 27 we appeared on the Reg SHO list (and as we have not come off it since then, I feel the “crazies” are right about the flimsiness of the Reg SHO mechanism, too). The only thing these “crazies” have missed so far is that the SEC has not started any vendetta against me (yet) for bringing attention to this issue.
I hope this gives you, dear reader, a broad enough overview of this problem that it may suggest further inquiry. I repeat, I do not know how deep a problem this is. It could be next to nothing, or it could be an Enron waiting to happen (with far greater ramifications, as the failure could be systemic). I don’t know, but I do know that it would be easy for the SEC to clear up the mystery: all they have to do is publish the size of the FTD’s for the companies on the Reg SHO Threshold List.
This is, I think, a fair question for me to ask: after all, if without registering them I sold 100 shares of Overstock out the back door of the firm I would go to jail. Yet per our inclusion on the Reg SHO Threshold list we know that some hedge funds have done that with hundreds of thousands (or millions) of shares: why won't the SEC reveal who, and how many counterfeit shares they "issued"? The fact that the SEC, the DTCC, and the exchanges refuse to disclose this (though they must have the information every night, else how could the calculate whether or not a company belonged on Reg SHO list?) makes me worried that it might be a bigger problem than they want anyone to know.
On the other hand, if there is really nothing to this issue, then the problem can be cleared up overnight, and myself (and all the other “crazies”) would go away. All we need are the answers to five simple questions, which I write out below in the hopes that some concerned citizens, or an enterprising journalist, can use them to dig a little deeper on her own.
12. Five Questions for the SEC
_____a. Does SEC receive daily data from the DTCC/NSCC on Fail to Delivers?
__________i. If not, why not?
__________ii. How can the SEC regulate without this?
_____b. How large is the fail to deliver problem? Does the SEC even know?
__________i. Why won’t the DTCC tell anyone how large the problem is?
__________ii. Why won’t the DTCC tell the SHO companies how large their FTD problem is?
_____c. How can firms remain on the threshold list if Reg SHO is enforced?
_____d. Why grandfather - pardon - all violations prior to January 7, 2005?
__________i. Wasn’t it against the rules (10(a)2, 15(c)6-1, 17(a)) since 1934?
__________ii. Why won’t the SEC enforce rules on the books for 71 years?
__________iii. What logic supports pardoning flagrant, regular violation of rules?
_____e. Who are the biggest violators of the Failure to Deliver rules?
__________i. Who benefits the most from the past fails being pardoned?
__________ii. Why reward these hedge funds for systematically violating the rules?
_____f. How can private SS accounts be considered while this is going on?
I thank any reader who has stuck with me through this long explanation. I made it as clear and concise as I could, and hope that through these modest efforts some enterprising reader or journalist will have gained the ammunition needed to breech the defenses of Wall Street and get some answers.
And if for my efforts you see me doing the perp walk on TV, remember to send me a cake with a file in it!
Respectfully submitted, Patrick M. Byrne (Ph.D., Stanford) CEO, Overstock.com
PS My disclaimers:
- While David Rocker has been public about being short us (and a surprising percentage of other companies on the Reg SHO Threshold List!), I do not mean to claim that he is naked short Overstock. Someone is, but it is not necessarily him. He could simply be short us, and it be some other party who is naked short our stock.
- The Tools of Satan are going to try to claim that this is all some scheme of mine to get people to buy our stock. It is not true. None, and I mean none, of this is intended to get anyone to think about buying Overstock stock. I am doing this because I am convinced enough of the issue to want the public to get some answers. Someone has to do this, and John Wayne is dead. But do not confuse my involvement with this issue with any valuation or other issue regarding Overstock.com. Hey, I get involved in other political issues to (e.g., education reform), and they are not all driven by some secret aspirations to get customers or shareholders.
(The end)
Posted by Upside on :
Originally posted by dwman:
quote:Mean? I wasn't calling wallace snip.
No, not Wallace, the poor horse. It's bad enough that he was, well, snipped but then every day for the rest of his life he's reminded of it! "Come on snip, lets go for a run snip." Then he gets whacked on the noggin with a broom stick. Heck, I'd probably do whatever you said too if you snipped me and then walloped me with a broom handle.
Posted by dwman on :
LOL.... Darn you Upside!!! I fell out of my chair and can't get up.
Posted by Upside on :
Well really, think about it. The horse is humiliated as it is being named snip but then he hears "Come on Snip, let's smack you on the head Snip". Wham! "Good boy Snip." Yeah, I'll bet that was one humble horse.
Posted by dwman on :
Yep... but he got on the railroad track and a train hit him.
Posted by dwman on :
BTW, upside, he WAS a gelding but snip was the name given for the white spot on his nose.
Posted by Upside on :
Originally posted by dwman:
quote:Yep... but he got on the railroad track and a train hit him.
Bet it was suicide. Did he always have the white spot or was it just a discoloration from the broom stick? I'll bet your broom stick had a black spot on it, didn't it?
Posted by dwman on :
LOL
Posted by dwman on :
A shovel handle would have worked better.
Posted by Upside on :
But you don't have one, do you? The other end of the shovel works pretty good on rabbits too.
Posted by TruthTeller on :
296 billion float just announced and the street name issue put to rest. It had nothing to do with NSS.
Posted by Ric on :
CEDE = shares in credit equity and debt equity CO = company owned shares
So resticted shares are 407 billion shares held in CEDE and Co.
Float = 296 billion shares
O/S 703 billion shares
A/S 800 billion shares
Posted by Upside on :
Mark my words, this number will be celebrated.
Posted by legaleagle on :
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) February 5, 2004
CMKM DIAMONDS, INC.
(Exact name of registrant as specified in its charter)
Nevada 000-26919 90-0070390
(State of incorporation) (Commission File Number) (I.R.S. Employer Identification No.)
5375 Procyon St., Suite 101
Las Vegas, Nevada
89118
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including are code: (877) 752-3755
Casavant Mining Kimberlite International, Inc.
(Former name)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
Robert A. Maheu
On January 31, 2005, the Company announced that Robert A. Maheu joined the board of directors and will serve as co-chairman.
Throughout his life, Mr. Maheu and his company Robert A. Maheu Associates served as an advisor to many great men and companies throughout the history of America. Several of the companies Mr. Maheu has assisted are; Westinghouse, World Tankers Inc., Stavros Niarchos, Del E. Webb Corp., Schenley Distributors, United Steel Workers of America, Hughes Tool Co., Hughes Aircraft, Theta-Com of California, Howard R. Hughes, Leisure Industries Ltd., Jayhawk Industries, International Business Associates Inc., Shaheen Resources, MacMillian-Ring Free Oil Co., Pacific Investments, Expo-Tech, Exploration Co. of Louisiana, New Orleans Steamboat Co., Greyhound Exposition Services, Central Intelligence Agency, Global Intelligence Network, Las Vegas Investment Advisors Inc., Paradigm Gaming Systems, Konami Gaming Inc., Sunbelt Communications and Castle Rock Pictures Inc.
Robert Maheu negotiated for the purchase of many Nevada properties on behalf of Howard R. Hughes and the Hughes Tool Company. As a consequence, seven hotel/casinos, one airport and millions of dollars of raw land were acquired. In each case, Mr. Maheu became the Chief Operating Officer. Additionally, Maheu was responsible for the acquisition of an airline. Further, Mr. Maheu represented the Hughes' interests before local, county, state and national regulatory bodies for many years.
A copy of the press release is attached hereto as exhibit 99-1.
Michael Williams
On February 5, 2005, the Company announced that Michael Williams has agreed to join the board of directors. Mr. Williams appointment to the board will become effective upon the finalization of board of directors insurance.
Mr. Williams is currently the chairman of Broadband Wireless International Corp. (OTCBB:BBAN), a member of the board of WorldVuer and the co-founder of EDTV. He has an extensive background in the recording industry. Prior to EDTV he was COO of O2 Entertainment Inc. (an AMEX company). His experience has included the administration and career management of Snoop Doggy Dogg, the Dove Shack, professional athletes and many others. Williams has consulted for and advised people like Wesley Snipes and J Prince on particular matters. He began his executive career at A&M Records under John McClain, Herb Alpert and Jerry Moss, and then moved on to Island Records, signing a $2 million contract as an artist, songwriter and producer under Kevin Fleming and Chris Blackwell. As a hobby, Williams is a co-owner of a prominent record label under WEA (Warner Electric Atlantic) Original Man Entertainment, which currently has artists like Tony Lucca and Ballentine in stores now. He holds a Bachelor of Science in management.
A copy of the press release is attached hereto as exhibit 99-2.
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On February 5, 2004, the Company changed its name from Casavant Mining Kimberlite International, Inc. to CMKM Diamonds, Inc. The name change was effected through an amendment to the Company's articles of incorporation and approved by the board of directors and by a majority consent of its stockholders. A copy of the certificate of amendment to the articles of incorporation is attached hereto as exhibit 3(i)(a).
On March 1, 2004, the Company's board of directors and a majority of its stockholders, approved the amendment to the articles of incorporation to increase the authorized shares from Two Hundred Billion (200,000,000,000) shares to Five Hundred Billion (500,000,000,000) shares at a par value $0.0001. A copy of the certificate of amendment to the articles of incorporation is attached hereto as exhibit 3(i)(b).
On July 13, 2004, the Company filed a certificate of amendment to the articles of incorporation to correct a typographical error. The Company's original articles of incorporation filed on June 9, 1998 had a stated par value of $0.0001. A subsequent amendment filed on December 26, 2002 and all subsequent amendments which increased the authorized shares mistakenly listed the common par value as $0.001. Article 4 of this certificate of amendment was amended to read, the par value of common shares is $0.0001. A copy of the certificate of amendment to articles of incorporation is attached hereto as exhibit 3(i)(c).
On August 18, 2004, the Company's board of directors and a majority of its stockholders, approved the amendment to the Company's articles of incorporation to increase the authorized shares from Five Hundred Billion (500,000,000,000) shares to Eight Hundred Billion (800,000,000,000) shares at a par value of $0.0001. A copy of the certificate of amendment to articles of incorporation is attached hereto as exhibit 3(i)(d).
SECTION 8 - OTHER EVENTS
Item 8.01 Other Events
UPDATED CORPORATE STRATEGY PRESS RELEASE
On February 11, 2005, the Company announced a corporate strategy plan designed to dramatically and comprehensively transform the Company's internal corporate governance. A copy of the press release is attached hereto as exhibit 99-3.
REINSTATEMENT OF 34 ACT REPORTING STATUS PRESS RELEASE
On February 17, 2005, the Company announced the reinstatement of its reporting status under the Securities Exchange Act of 1934 through the filing of an amended Form 15. A copy of the press release is attached hereto as exhibit 99-4.
TEMPORARY TRADING SUSPENSION PRESS RELEASE
On March 3, 2005 the SEC announced the temporary trading suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934, of CMKM Diamonds, Inc. (symbol "CMKX"). The suspension started at 9:30 a.m. EST, and will continue through 11:59 p.m., on March 16, 2005. The Company issued a press release on March 4, 2005 commenting on the temporary trading suspension. A copy of the press release is attached hereto as exhibit 99-5.
CLARIFICATION INFORMATION
Contacting of Regulatory Bodies.
The Company has previously asked for investors and stockholders to please refrain from contacting the Company, the SEC, NASD, the Transfer Agent and/or Stoecklein Law Group to allow them to focus on completing necessary corporate disclosure documents. This request was not meant to discourage anyone from contacting the SEC, NASD or any other regulatory body with regards to any matter. The Company encourages its stockholders to comply with all regulatory bodies and if necessary call or contact them at their sole discretion. Further, the SEC has established a CMKM Diamonds Investor Line at the Pacific Regional Office, which can be reached by calling (323) 965-4519 or by email at cmkmdiamonds@sec.gov.
Shares Outstanding and Stockholders of Record.
In the March 4, 2005 press release, the Company disclosed it had 703,518,875,000 shares of common stock issued and outstanding to approximately 2,032 stockholders of record (excluding shares held in "street name").
Several stockholders have raised concern over what the previous statement actually means. The issued and outstanding share number includes all shares of common stock issued and outstanding as of March 4, 2005, including those held by stockholders in their respective brokerage accounts and/or other nominee names.
A stockholder of record is a person/entity that holds an actual certificate for shares of the Company's common stock in its name. Therefore, the Company has 2,032 stockholders that hold certificates in their own name.
"Street name" refers to shares held in a person's/entity's brokerage or other trading account. The majority of these shares are typically shown on stockholder lists as being held in CEDE & CO. The Company is not aware of how many stockholders have shares held in "street name", but the Company's stockholder list as of March 4, 2005 had 407,321,106,308 shares held in CEDE & CO.
(a) Certificate of Amendment to Articles of Incorporation filed on February 5, 2004
(b) Certificate of Amendment to Articles of Incorporation filed on March 1, 2004
(c) Certificate of Amendment to Articles of Incorporation filed on July 13, 2004
(d) Certificate of Amendment to Articles of Incorporation filed on August 18, 2004
99-1 Press Release dated January 31, 2005 announcing Robert A. Maheu joining the board of directors as co-chairman.
99-2 Press Release dated February 8, 2005 announcing Michael Williams joining the board of directors upon finalization of the board of director insurance.
99-3 Press Release dated February 11, 2005 announcing update to corporate strategy.
99-4 Press Release dated February 17, 2005 thanking securities counsel for reinstating 34 Act reporting status.
99-5 Press Release dated March 4, 2005 commenting on temporary trading suspension by the SEC.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CMKM DIAMONDS, INC.
By: /s/ Urban Casavant
Urban Casavant,
President and Chief Executive Officer
Date: March 14, 2005
DEAN HELLER
Secretary of State
204 North Carson Street, Suite 1
Carson City, Nevada 89701-4299
(775) 684-5708
Website: secretaryofstate.biz
Certificate of Amendment
(PURSUANT TO NRS 78.385 AND 78.390) FILED C 9852-02
FEB 05 2004
Certificate of Amendment to Articles of Incorporation
For Nevada Profit Corporations
(Pursuant to NRS 78.385 and 78.390 - After Issuance of Stock)
1. Name of Corporation:
Casavant Mining Kimberlite International, Inc.
2. The articles have been amended as follows (provide article numbers, if available):
Article 1 has been amended as follows: The name of the corporation has been changed to
CMKM DIAMONDS, INC.
3. The vote by which the stockholders holding shares in the corporation entitling them to exercise at least a majority of the voting power, or such greater proportion of the voting power as may be required in the case of a vote by classes or series, or as may be required by the provisions of the * articles of incorporation have voted in favor of the amendment is: over 51%
4. Effective date of filing (optional):
(must not be later than 90 days after the certificate is filed)
5. Officer Signature (required): /s/ Urban Casavant, President
*If any proposed amendment would alter or change any preference or any relative or other right given to any class or series of outstanding shares, then the amendment must be approved by the vote, in addition to the affirmative vote otherwise required, of the holders of shares representing a majority of the voting power of each class or series affected by the amendment regardless of limitations or restrictions on the voting power thereof.
IMPORTANT: Failure to include any of the above information and submit proper fees may cause this filing to be rejected.
DEAN HELLER
Secretary of State
204 North Carson Street, Suite 1
Carson City, Nevada 89701-4299
(775) 684-5708
Website: secretaryofstate.biz
Certificate of Amendment
(PURSUANT TO NRS 78.385 AND 78.390) FILED C 9852-02
MAR 01 2004
Certificate of Amendment to Articles of Incorporation
For Nevada Profit Corporations
(Pursuant to NRS 78.385 and 78.390 - After Issuance of Stock)
1. Name of Corporation:
CMKM DIAMONDS, INC.
2. The articles have been amended as follows (provide article numbers, if available):
The authorized shares are increased form Two Hundred Billion (200,000,000,000) shares to Five Hundred Billion (500,000,000,000) shares at a par value of $0.001
3. The vote by which the stockholders holding shares in the corporation entitling them to exercise at least a majority of the voting power, or such greater proportion of the voting power as may be required in the case of a vote by classes or series, or as may be required by the provisions of the * articles of incorporation have voted in favor of the amendment is: 65%
4. Effective date of filing (optional): IMMEDIATE
(must not be later than 90 days after the certificate is filed)
5. Officer Signature (required): /s/ Urban Casavant, President
*If any proposed amendment would alter or change any preference or any relative or other right given to any class or series of outstanding shares, then the amendment must be approved by the vote, in addition to the affirmative vote otherwise required, of the holders of shares representing a majority of the voting power of each class or series affected by the amendment regardless of limitations or restrictions on the voting power thereof.
IMPORTANT: Failure to include any of the above information and submit proper fees may cause this filing to be rejected.
DEAN HELLER
Secretary of State
204 North Carson Street, Suite 1
Carson City, Nevada 89701-4299
(775) 684-5708
Website: secretaryofstate.biz
Certificate of Amendment
(PURSUANT TO NRS 78.385 AND 78.390) FILED C 9852-02
JUL 13 2004
Certificate of Amendment to Articles of Incorporation
For Nevada Profit Corporations
(Pursuant to NRS 78.385 and 78.390 - After Issuance of Stock)
1. Name of Corporation:
CMKM DIAMONDS, INC.
2. The articles have been amended as follows (provide article numbers, if available):
Article 4 is amended to correct a type error. The original articles filed the par value as 0.0001. A subsequent amendment on December 26, 2002 and all subsequent filings which increased the authorized shares amount mistakenly lists the common par as 0.001. This is a mistake which must be corrected.
Article 4 is hereby amended and should read the par value of common shares is .0001
3. The vote by which the stockholders holding shares in the corporation entitling them to exercise at least a majority of the voting power, or such greater proportion of the voting power as may be required in the case of a vote by classes or series, or as may be required by the provisions of the * articles of incorporation have voted in favor of the amendment is: N/A
4. Effective date of filing (optional):
(must not be later than 90 days after the certificate is filed)
5. Officer Signature (required): /s/ Urban Casavant, President
*If any proposed amendment would alter or change any preference or any relative or other right given to any class or series of outstanding shares, then the amendment must be approved by the vote, in addition to the affirmative vote otherwise required, of the holders of shares representing a majority of the voting power of each class or series affected by the amendment regardless of limitations or restrictions on the voting power thereof.
IMPORTANT: Failure to include any of the above information and submit proper fees may cause this filing to be rejected.
DEAN HELLER
Secretary of State
204 North Carson Street, Suite 1
Carson City, Nevada 89701-4299
(775) 684-5708
Website: secretaryofstate.biz
Certificate of Amendment
(PURSUANT TO NRS 78.385 AND 78.390) FILED C 9852-02
JUL 13 2004
Certificate of Amendment to Articles of Incorporation
For Nevada Profit Corporations
(Pursuant to NRS 78.385 and 78.390 - After Issuance of Stock)
1. Name of Corporation:
CMKM DIAMONDS, INC.
2. The articles have been amended as follows (provide article numbers, if available):
The authorized shares of the corporation be increased to Eight Hundred Billion Shares (800,000,000,000) at a par value of $0.0001.
3. The vote by which the stockholders holding shares in the corporation entitling them to exercise at least a majority of the voting power, or such greater proportion of the voting power as may be required in the case of a vote by classes or series, or as may be required by the provisions of the * articles of incorporation have voted in favor of the amendment is: August 18, 2004
4. Effective date of filing (optional): Aug 18, 2004
(must not be later than 90 days after the certificate is filed)
5. Officer Signature (required): /s/ Urban Casavant, President
*If any proposed amendment would alter or change any preference or any relative or other right given to any class or series of outstanding shares, then the amendment must be approved by the vote, in addition to the affirmative vote otherwise required, of the holders of shares representing a majority of the voting power of each class or series affected by the amendment regardless of limitations or restrictions on the voting power thereof.
IMPORTANT: Failure to include any of the above information and submit proper fees may cause this filing to be rejected.
Robert A. Maheu Joins the Board of Directors of CMKM Diamonds Inc.
LAS VEGAS--(BUSINESS WIRE)--Jan. 31, 2005--CMKM Diamonds Inc. (Pink Sheets: CMKX - News) is pleased to announce that Robert A. Maheu has joined the board of directors of the company. Maheu will serve as the co-chairman of the board of directors and will assist Mr. Casavant in the immediate and long-term objectives of the company.
"In the company's agenda for 2005, it has become paramount to bring in individuals and companies that can make significant contributions to the company. As the company begins to accomplish short-term goals, we decided to bring in an individual who can manifest an atmosphere for success. Mr. Maheu is that man," stated Casavant, chairman of CMKM Diamonds Inc.
Maheu is probably most famous for his role with Howard R. Hughes. Maheu served as the alter ego to Hughes. Maheu negotiated for the purchase of many Nevada properties on behalf of Hughes and the Hughes Tool Co. As a consequence, seven hotel/casinos, one airport and millions of dollars of raw land were acquired. In each case, Maheu became the chief operating officer. Additionally, he was responsible for the acquisition of an airline. He also represented the Hughes' interests before local, county, state and national regulatory bodies for many years. At an earlier time in his life, Maheu served as supervisor of the administrative section of the New York City Federal Bureau of Investigation Office and special assistant to Assistant Director E.J. Connelly, who was in charge of major cases for the entire Federal Bureau of Investigation.
Throughout his life, Maheu and Robert A. Maheu & Associates served as an advisor(s) to many great men and companies throughout the history of America. Westinghouse, World Tankers Inc., Stavros Niarchos, Del E. Webb Corp., Schenley Distributors, United Steel Workers of America, Hughes Tool Co., Hughes Aircraft, Theta-Com of California, Howard R. Hughes, Leisure Industries Ltd., Jayhawk Industries, International Business Associates Inc., Shaheen Resources, MacMillian-Ring Free Oil Co., Pacific Investments, Expo-Tech, Exploration Co. of Louisiana, New Orleans Steamboat Co., Greyhound Exposition Services, Central Intelligence Agency, Global Intelligence Network, Las Vegas Investment Advisors Inc., Paradigm Gaming Systems, Konami Gaming Inc., Sunbelt Communications and Castle Rock Pictures Inc. are some of the companies. To list all of Maheu's accomplishments would turn this brief announcement into a novel.
Casavant and Maheu will together be looking into the company and setting forth exactly what CMKM Diamonds needs to do in order to be successful in its current endeavors. The two look to bring in a president to the company that has successful history in geology and mining of natural resources.
This release contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward-looking" statements. Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated.
Contact:
CMKM Diamonds Inc.
Andrew Hill, 306-752-3755 or 877-752-3755
cmkxir@casavantmining.com
CMKM Diamonds Brings in Another Member to the Board of Directors
LAS VEGAS--(BUSINESS WIRE)--Feb. 8, 2005--CMKM Diamonds Inc. (Pink Sheets: CMKX - News) is pleased to announce that Michael Williams has agreed to join the board of directors of the company. The appointment of Williams is going to accelerate the company's objectives, which shall become effective upon the finalization of the board of directors insurance.
Williams, although younger than the other board members, brings a world of experience to the CMKM team. He is currently the chairman of Broadband Wireless International Corp. (OTCBB:BBAN - News), a member of the board of WorldVuer and the co-founder of EDTV. He has an extensive background in the recording industry. Prior to EDTV he was COO of O2 Entertainment Inc. (an AMEX company). His experience has included the administration and career management of Snoop Doggy Dog, the Dove Shack, professional athletes and many others. Williams has consulted for and advised people like Wesley Snipes and J Prince on particular matters. He began his executive career at A&M Records under John McClain, Herb Alpert and Jerry Moss, and then moved on to Island Records, signing a $2 million contract as an artist, songwriter and producer under Kevin Fleming and Chris Blackwell. As a hobby, Williams is a co-owner of a prominent record label under WEA (Warner Electric Atlantic) Original Man Entertainment, which currently has artists like Tony Lucca and Ballentine in stores now. He holds a Bachelor of Science in management.
"As we continue our agenda for 2005, it was obvious that Mr. Williams could bring a great deal of opportunity, organization and expertise to the company. He is a friend of Mr. Maheu and family members, has already made significant contributions to the company and I welcome him to the board," stated Urban Casavant, chairman.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated.
LAS VEGAS--(BUSINESS WIRE)--Feb. 11, 2005--CMKM Diamonds Inc. (Pink Sheets: CMKX - News) today announced a corporate strategy plan designed to dramatically and comprehensively transform CMKX's internal corporate governance. The aggressive plan is being spearheaded by Robert A. Maheu, the recently appointed co-chairman of CMKX.
"Solving problems has been my occupation for many years," said Maheu. He continued, "Tough assignments are not solved by wishful thinking, but rather by tough action." A new team of securities attorneys has been instructed that their prime assignment is to correct any deficiencies of the past and to cooperate fully with regulatory bodies both in Canada and the United States to minimize the possibility of such deficiencies in the future.
Maheu has also instructed management that regular reports to stockholders and the financial community are imperative.
"Today, CMKX is embarking on an aggressive, strategic plan that is intended to transform the entire corporation into a tightly focused mining and development company," said Urban Casavant, president and chief executive officer of CMKX. "It is our intent to use all available resources to generate consistent, long-term growth and profitability for our stockholders."
Additionally, Casavant said, "We shall be recruiting a team of experienced advisors, professionals and management executives. We intend to structure the company for a move to the Over-the-Counter Bulletin Board or an exchange."
Forward-Looking Statements
This press release may contain statements that constitute "forward-looking statements" as defined under U.S. federal securities laws describing the elements of CMKX's strategic plan and the expected impact of such plan on CMKX's operations. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "establish," "project" and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are based on current expectations and assumptions that are subject to certain risks and uncertainties that could cause actual results to differ materially from CMKX's historical experience and its projections. Such forward-looking statements are inherently uncertain, and actual results may differ from those expressed or implied in the forward-looking statements. Consequently, readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date they are made.
CMKX's actual results could differ materially from such forward-looking statements because of factors such as: uncertain regulatory scrutiny; the current state of operations; unavailability of documentation; inability to engage advisors, professionals and/or executive management; unforeseen capital deficiencies; unavailability of insurance; uninsured losses; adverse results in litigation; unanticipated tax liabilities; changes in the mining and metals environment, including actions of competitors; the effectiveness of CMKX's development and drilling programs; regulatory and legal changes; and other risks associated with companies in similar industries. CMKX undertakes no obligation to publicly update or revise any forward-looking statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Contact:
CMKM Diamonds Inc.
Andrew Hill, 306-752-3755 or 877-752-3755
cmkxir@casavantmining.com
CMKM DIAMONDS THANKS NEW SECURITIES COUNSEL FOR REINSTATING 34 ACT REPORTING STATUS.
Las Vegas, NV - February 17, 2004 - CMKM Diamonds, Inc. (Pink Sheets-CMKX) today announced the reinstatement of its reporting status under the Securities Exchange Act of 1934 through the filing of an amended Form 15.
On February 9, 2005, CMKX engaged Stoecklein Law Group, a firm specializing in securities matters, as new securities counsel to assist with the correction of past deficiencies and guide CMKX through its regulatory compliance requirements. "When I joined the board one of my prime assignments was to improve corporate compliance. A prime component was to reinstate reporting status, which was efficiently and expeditiously handled by the Stoecklein Law Group," stated Robert A. Maheu, co-chairman of CMKX.
"On behalf of the Company and its stockholders, we would like to sincerely thank Roger Glenn and his firm for all of their past efforts," stated Urban Casavant, CEO/president of CMKX.
With its reporting requirements now reinstated, CMKX can now file current, quarterly and annual reports with the SEC disclosing vital corporate information to the investing public and its stockholders. However, due to the length of time CMKX has not been reporting there are a substantial number of filings, including financial statement audits, that will need to be made to bring CMKX current in its reporting obligations. Readers of this press release are encouraged to monitor the SEC's EDGAR website (www.sec.gov) for future CMKX filings.
"We are extremely appreciative of Stoecklein Law Group's immediate attention to our needs. I have worked with them in the past and they have always exceeded my expectations," said Maheu.
CMKX is currently working towards completing an audit of its financial statements and the preparation of the necessary SEC filings. Investors and stockholders are being asked to please refrain from contacting the Company or Stoecklein Law Group to allow them to focus on completing the task at hand. All corporate updates will be made in press releases and filed in current reports on Form 8-K as they become available.
Forward-Looking Statements:
This press release may contain statements that constitute "forward-looking statements" as defined under U.S. federal securities laws describing the reinstatement of CMKX's reporting obligations and the expected impact of these obligations on CMKX's operations. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "establish," "project" and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are based on current expectations and assumptions that are subject to certain risks and uncertainties that could cause actual results to differ materially from CMKX's historical experience and its projections. Such forward-looking statements are inherently uncertain, and actual results may differ from those expressed or implied in the forward-looking statements. Consequently, readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date they are made.
CMKX's actual results could differ materially from such forward-looking statements because of factors such as: uncertain regulatory scrutiny; the current state of operations; unavailability of documentation and corporate records; timing necessary to comply with reporting requirements; lack of adequate internal controls; unforeseen capital deficiencies; unavailability of insurance; changes in the mining and metals environment, including actions of competitors; the effectiveness of CMKX's development and drilling programs; regulatory and legal changes; and other risks associated with companies in similar industries. CMKX undertakes no obligation to publicly update or revise any forward-looking statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Contact:
CMKM Diamonds, Inc.
Andrew Hill, 306-752-3755 or 877-752-3755
cmkxir@mail.casavantmining.com
CMKM DIAMONDS COMMENTS ON TEMPORARY TRADING SUSPENSION.
Las Vegas, NV - March 4, 2005 - Commencing at 9:30 a.m. EST yesterday, trading of the common stock of CMKM Diamonds, Inc. (Pink Sheets-CMKX) was temporarily suspended by the Securities and Exchange Commission ("SEC"). This temporary suspension will expire on March 16th at 11:59 p.m. EST and trading in CMKX is anticipated to resume on March 17, 2005.
In its reasoning, the SEC stated it had concerns over the adequacy of publicly available information concerning CMKX's assets and liabilities, mining and other business activities, share structure and stock issuances, and corporate management. Further, the SEC was concerned that CMKX may have unjustifiably relied on a Form S-8, filed in May 2003, to issue unrestricted securities and that CMKX and/or certain of its stockholders may have unjustifiably relied on Rule 144(k) of the 33 Act in conducting an unlawful distribution of its securities that failed to comply with the resale restrictions of Rules 144 and 145 of the Securities Act.
CMKX has been in discussions with the SEC in relation to the SEC's inquiry into another public company that has done business with CMKX. In this process, CMKX has provided the SEC with substantial documentation, much of which spans back to transactions and stock issuances in 2002. It is believed some of the information provided raised concerns with the SEC sufficient enough to cause this temporary suspension of trading. CMKX anticipates a formal request for documents to be issued by the SEC in the near future.
"The SEC did not provide us with any notice of the temporary trading halt," stated Urban Casavant, CEO of CMKX. "This was an unwelcome surprise, especially since our counsel has had ongoing dialogue with the SEC."
According to the SEC's website, www.sec.gov, "The primary mission of the SEC is to protect investors and maintain the integrity of the securities markets." Consistent with this mission, Urban Casavant specifically engaged Robert A. Maheu to assist CMKX in its compliance efforts. "Like the SEC, protecting our investors is a primary concern. We have been aggressively gathering the essential information needed to comply with our public disclosure obligations and anticipate working with the SEC to ensure our compliance with all federal regulations," stated Robert A. Maheu, co-chairman of CMKX.
"We are not letting these regulatory matters impede our primary focus of creating stockholder value through the mining and development of our mineral assets," stated Mr. Maheu. CMKX is continuing to search for additional property claims in Canada and monitor its holdings in Ecuador.
On February 17, 2005, CMKX filed an amended Form 15 to reinstate its reporting obligations under the 34 Act. SEC regulations require CMKX to file, within 60 days after the date of the filing of the amended Form 15, all reports which would have been required had the original Form 15 not been filed. CMKX has not been provided a waiver, "variance" or any other relief by the SEC for complying with the 60 day requirement. In fact, due to the overwhelming number of reports that need to be filed, coupled with the necessary financial statement preparation, CMKX will not be able to comply with the 60 day requirement. Management does not believe the filing of the amended Form 15 had anything to do with the SEC's decision to temporarily suspend trading in its common stock and continues to aggressively do everything within its power to comply with its 34 Act reporting requirements.
With its reporting status reinstated, CMKX anticipates filing a number of significant corporate updates with the SEC in the upcoming weeks on Form 8-K. Investors and stockholders are encouraged to review these forms as they become available through the SEC's EDGAR database.
The SEC's website further discloses, "The laws and rules that govern the securities industry in the United States derive from a simple and straightforward concept: all investors, whether large institutions or private individuals, should have access to certain basic facts about an investment prior to buying it." Urban Casavant, CEO of CMKX, reiterated, "We understand the importance of supplying accurate information to the public and have made it our top priority to uncompromisingly disclose all material corporate information as soon as it becomes available."
Consistent with CMKX's continuing efforts to furnish the investing public and its stockholders with current information and to quell any inaccurate rumors, CMKX has disclosed certain corporate information pertaining to its operations and corporate structure. Of the 800 billion authorized shares of common stock, CMKX currently has 703,518,875,000 shares of common stock issued and outstanding to approximately 2032 stockholders of record (excluding shares held in "street name"). In addition, effective March 1, 2005, CMKX has relocated its executive office address to 5375 Procyon St., Suite 101, Las Vegas, Nevada. Lastly, CMKX's current officer is Urban Casavant (CEO/President/Secretary/Treasurer) and current directors are Urban Casavant and Robert A. Maheu (Michael Williams will join the board of directors upon CMKX's obtainment of D&O insurance).
Investors and stockholders are being asked to please refrain from contacting the Company, the SEC, NASD, the Transfer Agent and/or Stoecklein Law Group to allow them to focus on completing the tasks at hand. All corporate updates will be made in press releases and filed in current reports on Form 8-K as they become available.
CMKX also would like to repeat the SEC's statement of, "At the heart of effective investor protection is an educated and careful investor" and encourage its stockholders and other investors to visit the SEC's website (www.sec.gov), which offers the public a wealth of educational information.
Forward-Looking Statements:
This press release may contain statements that constitute "forward-looking statements" as defined under U.S. federal securities laws describing the reinstatement of CMKX's reporting obligations and the expected impact of these obligations on CMKX's operations. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "establish," "project" and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are based on current expectations and assumptions that are subject to certain risks and uncertainties that could cause actual results to differ materially from CMKX's historical experience and its projections. Such forward-looking statements are inherently uncertain, and actual results may differ from those expressed or implied in the forward-looking statements. Consequently, readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date they are made.
CMKX's actual results could differ materially from such forward-looking statements because of factors such as: impact of the temporary halt in trading on CMKX's stock price; impact of the halt on CMKX's operations; uncertain further regulatory scrutiny; the current state of operations; unavailability of documentation and corporate records; changes in the number of outstanding shares of common stock and number of stockholders of record; the impact of failing to meet the 60 day filing requirement; timing necessary to comply with reporting requirements; lack of adequate internal controls; unforeseen capital deficiencies; unavailability of insurance; changes in the mining and metals environment, including actions of competitors; the effectiveness of CMKX's development and drilling programs; regulatory and legal changes; and other risks associated with companies in similar industries. CMKX undertakes no obligation to publicly update or revise any forward-looking statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Contact:
CMKM Diamonds, Inc.
Andrew Hill, 306-752-3755 or 877-752-3755
cmkxir@mail.casavantmining.com
Posted by GatorMan on :
quote:Originally posted by Ric: CEDE = shares in credit equity and debt equity CO = company owned shares
So resticted shares are 407 billion shares held in CEDE and Co.
Float = 296 billion shares
O/S 703 billion shares
A/S 800 billion shares
How do you come up with the shares in CEDE being restricted? Those are shares held in street name, such as those in my ETRADE account. I don't hold restricted shares.
Posted by Ric on :
I was going fast and was pasting from another board. It looks backwards to me too.
Looks to me the Float is 407 plus billion
Posted by Ric on :
Wow, the spin is already started. They are trying to say the 407 billion shares are not part of the o/s but short shares. Figures, I think that a lesson can be learned from this but if you can't grasp the enormity of this now then how can a lesson be learned.
Posted by vman on :
I'm reading this as follows:
total O/S is 704B, 407B of which is held in street name, the other 297B is in cert form. Nothing about insider holding, except that at least 65% of the 704B is insider.
Posted by will on :
Did you expect them to acknowledge the truth?
Posted by Ric on :
Where did you get the 65% from? The only place I read of 65% was from the percent of votes for the increase in a/s. That it was approved be 65%.
quote:Originally posted by vman: I'm reading this as follows:
total O/S is 704B, 407B of which is held in street name, the other 297B is in cert form. Nothing about insider holding, except that at least 65% of the 704B is insider.
Posted by ed19363 on :
Damn, legal, did you HAVE to post the whole thing? You must not think people can read anything outside this board. What a waste of space.
Posted by will on :
Does it really make a difference if the number is 296B or 407B. LOL
Either one is obscene.
Trading 2B in one day would either be .6% of the float, or .49% of the float. That oughta send it right up to $1 !!
Posted by vman on :
quote:Originally posted by Ric: Where did you get the 65% from? The only place I read of 65% was from the percent of votes for the increase in a/s. That it was approved be 65%.
quote:Originally posted by vman: I'm reading this as follows:
total O/S is 704B, 407B of which is held in street name, the other 297B is in cert form. Nothing about insider holding, except that at least 65% of the 704B is insider.
Admittedly, the 65% is not a very certain number. Even if insiders were the only ones who voted to increase the A/S at that time, doesn't mean they still hold that percentage. Still, I think my first statement is accurate, the numbers given only distribute the O/S between street name and cert form, nothing is said about insiders.
Posted by Ric on :
Yeah that was back when there was a A/S of 200 billion and the vote went to 500 billion. Thats didn't include the next increase to 800 billion. If I was UC then I would sell my shares too making this much money. I think thats why he hired the people he did. He knew this was going to happen after Canada shut them down. But it would be very odd for insiders to hold in street name shares thats why I said float was 407 plus.
But really, who owns certs these days? It usually the insiders. I think it was pretty clear to be a little fuzzy, lol.
Posted by Ric on :
I thought this was funny from another board, lol
By: livingstonecatabbi 14 Mar 2005, 04:15 PM EST
Until they start issuing 8k in Crayon with accompanying poppup diagrams for the mentally impaired, they will never be stupid-proof.
Posted by Livios on :
JUL 13 2004
"The authorized shares of the corporation be increased to Eight Hundred Billion Shares (800,000,000,000) at a par value of $0.0001."
rIn the March 4, 2005 press release, the Company disclosed it had 703,518,875,000 shares of common stock issued and outstanding to approximately 2,032 stockholders of record (excluding shares held in "street name"). r
"Street name" refers to shares held in a person's/entity's brokerage or other trading account. The majority of these shares are typically shown on stockholder lists as being held in CEDE & CO. The Company is not aware of how many stockholders have shares held in "street name", but the Company's stockholder list as of March 4, 2005 had 407,321,106,308 shares held in CEDE & CO."
= About 310 trillion shares above the A/S of 800 trillion.
What are those? 310 trillion shorts if you ask me.
JMHO.
Livios.
Posted by bill1352 on :
just read the filing...it changes nothing. it doesn't tell the float or insider shares. it says how many certs are out compared to those in street name..are you telling me that not 1 of the cult, the trillion naked shorts cult did not get certs on at least 1/2 their shares??. insiders might have shares in street name too. they may not hold the actual certs. as for voting power at 65% it has 3 changes after that & it doesn't say if its from preferred shares of which there could be 10 shares with 100 billion common shares worth of voting power each. this filing is another meanless bunch of crap. i'm sure it had to be done to ammend a few things but it gives shareholders no new insite other then how many shares are held by the certs.
Posted by Upside on :
Who is going to be the first one to make a dwman/crow joke?
Posted by bill1352 on :
livos...ya don't added the 2 together to end up in dream land.
Posted by bill1352 on :
i heard DW turned into a vegan because of all the crow he's eaten or may have too
Posted by Ric on :
Livios
Please. You need to re-read. It was so clearly stated that anyone shoud be able to understand it. the 407 billion shares are part of the o/s not added to it. Please don't be silly. My 5 year old can figure that out.
All it means
703 - 407 = number of shares held by Certificate holders. Nothing more nothing less. Geez
Why else did it say Companies shareholders list. It didn't say shares help by shorts. This is a dream made up by those who don't want to think that this isn't true.
Posted by Dustoff101 on :
IF...I borrow my neighbor's horse, but he doesn't know it,,,, and then I sell it to another neighbor,,, then tell the neighbor I took the horse from ,I was just borrwing the horse,and will bring the horse back?????
Well...thats not only the most convaluted nonsensical dumb plan someone would hope to get away with ,it's damn DUMB. In my neck of the woods that could get a fella HUNG from a tree.
Posted by bill1352 on :
awwwwwwwww ric, your trying to bring in 1st grade math, thats just not fair to the cult. didn't you get the pr on the new math made just for cmkx? in fact since they are trying to throw out all the stockmarket rules UC is trying to set up his own stock board. him MLON & a bunch of the other dilutin POS's out there. that way they can play by their own rules.
Posted by Ric on :
roflmao
Posted by Ric on :
I don't really know that anything will be found illegal here but maybe the way they sold shares. Will this warrant anything besides fines, who knows. But unless crinal charges are filed then this POS continues. I think what happns next though can only be one thing and thats a R/S or bankruptcy. But likely r/s. But what I would like to know is how many people will buy more shares after this. This diamond dream has such an effect on these people its unbelievable. Man, it almost make you think its worth buying a shell. Calling it a diamond company, give glowing PR with a good legal forward statement disclaimer. Hype it to death and flood the market. Seems that diamonds may be a womens best friend but its an investors worst dream.
Posted by Upside on :
Originally posted by Dustoff101:
quote:IF...I borrow my neighbor's horse, but he doesn't know it,,,, and then I sell it to another neighbor,,, then tell the neighbor I took the horse from ,I was just borrwing the horse,and will bring the horse back?????
Well...thats not only the most convaluted nonsensical dumb plan someone would hope to get away with ,it's damn DUMB. In my neck of the woods that could get a fella HUNG from a tree.
Unless it was a horse named Snip.
Posted by ed19363 on :
Okay, great news !!! Whoopie !!! I cant wait til Friday to see the millions in my account !!!! WOWWIE~~~ I'm rich !!!! UC, can I have another glass please??
Posted by Dustoff101 on :
..Wonder what happened to Wallace??..didn't think they seated people at the 5 Star resturant's this early.
Posted by ed19363 on :
While everyone else is contemplating and calculating A/S, O/S, float, etc etc etc, here is an interesting calculation to put CMKX into proper perspective.
As of today, the population of the entire world is calculated to be slightly over 6.4 billion persons. So if we take the 800 billion shares of CMKX, there are 125 shares for every living person on earth.
Can anybody comprehend those numbers? Can anybody spell "reverse split"? Can anybody see this is worthless?
IMHO on all the above.
Posted by bill1352 on :
ed...please refer to my early post about 1st grade math. we do need to be careful as there are no tests on the effect of that much kool-aide & having basic math thrown in your face. it might cause a selling of cmkx shares. but then i'd love to see the effects on those evil mm's when they get sell orders for 703 billion shares...lmao
Posted by Ric on :
Heres a funny fact or maybe not so funny. If a stock certificate is on thin paper approximately 1/2 a mm thick then you printed a certificate for each share in the O/S and stacked them on top of each other then it would make it to the moon.
The moon is 380 billion millimeters from earth.
Posted by will on :
Upside made that observation a year ago, lol.
Posted by finky on :
Hey, didnt this guy post a bunch of crap on this board? sarki520 Diamond Hunter
member is offline
Posts: 4 CMKX is the Stock of a Lifetime!!!! « Thread started on: Today at 8:04pm »
-------------------------------------------------------------------------------- The reason why i say this is that this company has 3 things that are a true fact.
1) The land in canada
2) Mr Meuhr who is here to make money with his background
3) Exposure.
I hear all these rumors of O/S thoery and a merger thoery that is all false. Why? because CMKX would not hire Mr. Meuhr and others for a merger. NO WAY.
What will happen is CMKX will goto OTCBB will hit $1.00 and stay around that price until we come out the the huge PR that CMKX found the largest Diamond find in the world.
The NSS will be fixed by the SEC and CMKX board. Beileve me SEC knows that CMKX is NSS.
By the trading halt by the SEC and now the filing of the 8K too me this is a great sign and it shows that CMKX is going to be Fully reporting. What everybody failes to realize is that CMKX old filing was so messed up the SEC said LET'S FIXTHIS ISSUE NOW!!!!!! Which they are.
Guys I advice all CMKX shareholders to just wait, Becuase this will be a awsome ride.
Logged
Posted by Upside on :
Sarki has moved on? We've lost so many guys like him. Sarki, Goforit, Workaholic, and who knows how many others. That sucks!
Posted by TruthTeller on :
Finky, Where did you get that post from? That's one of the funniest faithful posts I have seen. Who the hell is Mr. Meuhr? Posted by Ric on :
Yeah and the one from ths TRUE FACTS lol
1) The land in Canada - lol, really. What land. Does UC own a company house there? Because CMKX doesn't own any land just mineral rights and until there is something found that is worthless.
quote:Originally posted by TruthTeller: Finky, Where did you get that post from? That's one of the funniest faithful posts I have seen. Who the hell is Mr. Meuhr?
Posted by Wallace#1 on :
vman, I believe you are correct in your conclusion.
dwman, upside and Dusty --
Stop picking on the old man. I have been trying to stay clear of you guys, but look what I see when I take a quick look at this thread. LOL
Posted by Dustoff101 on :
Wallace....I had to get up and let the damn fool cat out.We have a cat door, but the Flea packing animal won't go out it. However, the damn fool cat will use it to come back in.
Wallace...go to thread 22 post 6.This is a good test for your remaining cognitive skills.DWMAN..made a mistake and I found it.!!!!!
Posted by ed19363 on :
quote:Originally posted by Ric: Heres a funny fact or maybe not so funny. If a stock certificate is on thin paper approximately 1/2 a mm thick then you printed a certificate for each share in the O/S and stacked them on top of each other then it would make it to the moon.
The moon is 380 billion millimeters from earth.
Maybe that's where the "to dsa moon" came from??
Posted by bill1352 on :
it just dawned on me, when the 400 billion o/s was leaked we go a number of theories using cmkx math showing how a 400 billion o/s was ok. it had valuations X land X the square inches of a kool-aide glass to come up with, if i remeber right, a .63 per share valuation. now that its confirmed that the o/s is 703 billion all we get is "we don't know the float"? ya think maybe this number is too big for the kool-aide brains to deal with?
Posted by ed19363 on :
If ya think about it, we have all these zeroes, and all we really need is four.
Since all of these shares (1) dont exist, (2) are restricted, or (3) cant be sold, IMO we are worrying about too many zeroes.
Posted by Dustoff101 on :
ed19363...I think you are way to generous on valuation at zero.
Posted by Wallace#1 on :
It doesn't matter much what the float is (and it is astronomically huge) the bottom line is still 800 billion authorized and 703+ billion shares Issued and Outstanding. Bid and Ask are still at .0001/.0002 and will probably stay there until a reverse split which will not help, but will eventually go down to the existing B/A. Get out now if you can!
Good grief, Charlie Brown, CMKX has 1 officer and 3 directors (including UC, a very old fart, and a young whippersnapper). Some BOD that makes!!!
Posted by Bigrod40 on :
its 1 of sterlings, paltalk. kool-aide drinking bunch bigrod. thus too much space has been wasted on it already..lol
Posted by legaleagle on :
quote:Originally posted by bill1352: its 1 of sterlings, paltalk. kool-aide drinking bunch bigrod. thus too much space has been wasted on it already..lol
Actually bill, Willy can't stand Sterling since he got booted from Sterling's PalTalk. That is why Willy started his own room. Guess he wanted to run his own Kool-Aid stand.
Posted by bill1352 on :
FINALLY A GOOD POST BY LEGEL...lol glad to see it legel...keep'em coming.
Posted by Upside on :
I don't know Bill, could be subliminal advertising on Legals part. That little Kool-Aid guy looks a lot like Urban to me.
Posted by Dustoff101 on :
bil1352...Yep,legaleagle has finally been worn down by Wallace...And now rich old Wallace is off to the retirement home to enjoy Shuffle Board and reminiscence with the one's that can still hear about his epoch battle with his more than worthy opponent Legaleagle!!
I will now go into my freshly dug Fox hole and prepare myself for what may be comming.
sometime's I know I am an ant under a cattle stampede.
Posted by ed19363 on :
quote:Originally posted by bill1352: FINALLY A GOOD POST BY LEGEL...lol glad to see it legel...keep'em coming.
Shortest one of the year, too....for him
Posted by bill1352 on :
well at least it had some humor in it..lol we know legel hasn't switched sides. now if we need to start on dusty thats another story...lol
Posted by Upside on :
Isn't there anyone else here we can attack? Isn't that what we're paid to do? Not only bash the company itself but also belittle anyone who supports it? My bashing checks have dwindled away to nothing. I'm dying here!
Posted by boised on :
Wow things are turning around with the new 8k it PROVES that CMKX has the goods. Its just a matter of time before the bomb is dropped ... Come on urban smash the evil MMs and naysayers and do god's work and smash the evil and the wicked.
Posted by bill1352 on :
thanks boised...we needed new cult blood in here. as UP said we haven't been getting paid much these days in here. so on to earning serious cash..lol are you crazy boised???? that 8K was meaningless. when they r/s you get a serving of crow along with DW.
Posted by dwman on :
quote:Originally posted by bill1352: i heard DW turned into a vegan because of all the crow he's eaten or may have too
Darn you bill!!!! Now I've got to go get my dictionary. What is a vegan?
Posted by dwman on :
quote:Originally posted by bill1352: awwwwwwwww ric, your trying to bring in 1st grade math, thats just not fair to the cult. didn't you get the pr on the new math made just for cmkx? in fact since they are trying to throw out all the stockmarket rules UC is trying to set up his own stock board. him MLON & a bunch of the other dilutin POS's out there. that way they can play by their own rules.
Nothing wrong with new math. 2 + 2 = 0, 2 + 3 = 1, 2 + 4 = 2 if we are talking about integers modulo 4.
Posted by dwman on :
quote:Originally posted by Upside: Originally posted by Dustoff101:
quote:IF...I borrow my neighbor's horse, but he doesn't know it,,,, and then I sell it to another neighbor,,, then tell the neighbor I took the horse from ,I was just borrwing the horse,and will bring the horse back?????
Well...thats not only the most convaluted nonsensical dumb plan someone would hope to get away with ,it's damn DUMB. In my neck of the woods that could get a fella HUNG from a tree.
Unless it was a horse named Snip.
Upside... stand up and put your hand over your heart when you say snip. ( or cmkx ).
Posted by dwman on :
quote:Originally posted by dwman: Wallace... Like you probably were.... I was riding horses when I had to climb up on a fence to get on their back. I rode bareback and was so light I work my dad's rubber boots to anchor me on. LOL I love the smell of horses but not what they drop on the ground.
Dusty... this does not count. I wore, not work my dad's rubber boot. A simple typo.
Posted by Ric on :
roflmao, really I can't stop, lol. Please Please no more roflmao.
quote:Originally posted by boised: Wow things are turning around with the new 8k it PROVES that CMKX has the goods. Its just a matter of time before the bomb is dropped ... Come on urban smash the evil MMs and naysayers and do god's work and smash the evil and the wicked.
Posted by Ric on :
Still laughing, comprehension and other reading skills must be lost when you drink that koolaid, lol
Posted by Wallace#1 on :
Dusty,
You wrote: "sometime's I know I am an ant under a cattle stampede."
While living on the farm, my aunt gave us a dog because it barked all night and neighbors complained. That stupid dog would follow us out to round up the cows for milking. Every time one young cow saw that dog she would let out a beller which started the whole herd stampeding (sp) after that dog. That damn dog would run behind us every time for protection. Imagine a herd of 100+ cattle running right toward you! Your ant would feel a lot safer.
Posted by Dustoff101 on :
quote: -------------------------------------------------------------------------------- Originally posted by dwman: Wallace... Like you probably were.... I was riding horses when I had to climb up on a fence to get on their back. I rode bareback and was so light I work my dad's rubber boots to anchor me on. LOL I love the smell of horses but not what they drop on the ground. --------------------------------------------------------------------------------
Dusty... this does not count. I wore, not work my dad's rubber boot. A simple typo
DWMAN ...a typo is a MISTAKE period.
Posted by legaleagle on :
Shhhhh..............listen.............can you hear it?
I can.
What is it?
Sounds like a train coming.
Yeah, now I can see it.
What are those initials on the front of the engine? JD?
Posted by Binky on :
quote:Originally posted by legaleagle: Shhhhh..............listen.............can you hear it?
I can.
What is it?
Sounds like a train coming.
Yeah, now I can see it.
What are those initials on the front of the engine? JD?
-----------------
John Deere???
Posted by legaleagle on :
Good guess Binky, uh.................NO
Posted by mdec on :
Just Died
Posted by bill1352 on :
Just dilute
Posted by will on :
Judgement Day for all you nonbelievers! The apocalypse! The revelation concerning the bright future of CMKX. The damnation of nonbelivers.
Posted by bill1352 on :
i hear a train legel but its carrying an r/s of an epic size. think about this, as was pointed out earlier & i'd say probably true, very few insiders would hold shares or be unlisted thus in street name. they would have certs. i know many of the cults has certs on at least part of their shares. thus at best the float is about 500 billion & probably 600 billion or more. if mahoo has any stock market sence he knows it has to be r/s'ed. you can't sell enough shares in a day to move it & if it moves anyone with less then 2 or 3 gallons of the cmkx kool-aide in them is selling. you need 42 billion shares of buys to equal 10% of the o/s in 1 day. that doesn't include any sells in that day. a day like that might get you to .0005 but the selling .0005 would cause...the thought of it all makes me wanna laugh & puke at the same time.
Posted by boised on :
quote:Originally posted by bill1352: Just dilute
ahahahahha
Posted by boised on :
my question is where the hell is urban? How can that dumb fuq be walking around with his head in the clouds??? I'd imagine one of those Cletus clone faithful will be hunting for him with their shotguns.
Posted by finky on :
quote:Originally posted by bill1352: Just dilute
good one bill
Posted by bill1352 on :
boised...you dont call 703 billion o/s, 697 billion of it in 20 months dilution????...well come to think of it i guess dilution isn't a strong enough word...just f'in flooding the market doesn't even come close. i guess along with the new cmkx math we need a new stronger more improved word for dilution.
Posted by bill1352 on :
oh..that was a laugh...sorry boised...lol my sincere apology
Posted by Dustoff101 on :
...Just a thought before the Market opens...A paid talking head on a stock talk program said, quote,[ a person is better off throwing his money away in Vegas than investing in a penney stock.]
I have a alternate idea. Why not give that money to someone who can really use it....Sometimes all of us stand to close to the tree, and that can make it difficult to see the rest of the Forest.
sometimes I know I am an ant under a cattle stampede
Posted by dwman on :
quote:Originally posted by Dustoff101: quote: -------------------------------------------------------------------------------- Originally posted by dwman: Wallace... Like you probably were.... I was riding horses when I had to climb up on a fence to get on their back. I rode bareback and was so light I work my dad's rubber boots to anchor me on. LOL I love the smell of horses but not what they drop on the ground. --------------------------------------------------------------------------------
Dusty... this does not count. I wore, not work my dad's rubber boot. A simple typo
DWMAN ...a typo is a MISTAKE period.
Dusty, in Texan, work is used here as a verb. I work those boots and work em but still can't stay on that ole hoss. You otta rekonize Texan talk.
Posted by Dustoff101 on :
quote...by dwman [dusty ,in texan ,work is used here as a verb.I work those boots and work em but still can't stay on that ole hoss.You otta rekonize Texan talk.
Well ...dwman I sure do rekonize Texan talk. And I also know why.. Ya'll where's dem Boots.Man,Ya'll getting in the horse chit so deep now, your gonna need dem boots just to get out.I win, ya'll made a mistake and this Yankeee has
a cought ya,, period ,checkmate ,end of storie, the Fat Lady has done sung!
Posted by dwman on :
BULLETIN BULLETIN BULLETIN STOCK REPORT American can unchanged International Water up 1.50 Montana Natural Gas down 2.00 Northern Tissue down 6.00
Recommendations Sit tight on your American Can Hold your water and let your gas go Northern tissue touched new bottoms today and thousands were wiped clean.
BTW... Northern Tissues failed because of the corn cob bumper crop.
Posted by dwman on :
quote:Originally posted by Dustoff101: quote...by dwman [dusty ,in texan ,work is used here as a verb.I work those boots and work em but still can't stay on that ole hoss.You otta rekonize Texan talk.
Well ...dwman I sure do rekonize Texan talk. And I also know why.. Ya'll where's dem Boots.Man,Ya'll getting in the horse chit so deep now, your gonna need dem boots just to get out.I win, ya'll made a mistake and this Yankeee has
a cought ya,, period ,checkmate ,end of storie, the Fat Lady has done sung!
LOL...
Posted by dwman on :
quote:Originally posted by dwman: BULLETIN BULLETIN BULLETIN STOCK REPORT American can unchanged International Water up 1.50 Montana Natural Gas down 2.00 Northern Tissue down 6.00
Recommendations Sit tight on your American Can Hold your water and let your gas go Northern tissue touched new bottoms today and thousands were wiped clean.
BTW... Northern Tissues failed because of the corn cob bumper crop.
QUALIFY to above post .... Just a joke of course in case any of those are real companies.
Posted by Dustoff101 on :
Dwman...LOL does that mean you surrender your position.
Posted by legaleagle on :
Notices of Proposed Sale Reported on Form 144 Description | Hide Summary
Last 3 Mo. Last 12 Mo. Number of Filings 15 68
Total Proposed Sales (Shares) 20,664,444 81,097,310
Click on the column header links to resort ascending or descending .
Filer Select a filer below for more information. Relation File Date Shares Broker CONNORS, JOHN G. 03/07/2005 564,444 UNKNOWN
VASKEVITCH, DAVID OFF 03/04/2005 100,000 UNKNOWN
GATES, WILLIAM H. II... CB 02/11/2005 4,000,000 ALLEN & COMPANY INC.
GATES, WILLIAM H. II... CB 02/10/2005 1,000,000 ALLEN & COMPANY INC.
GATES, WILLIAM H. II... CB 02/10/2005 2,000,000 MERRILL LYNCH PIERCE...
GATES, WILLIAM H. II... CB 02/09/2005 1,000,000 MERRILL LYNCH PIERCE...
GATES, WILLIAM H. II... CB 02/08/2005 2,000,000 GOLDMAN SACHS & CO
GATES, WILLIAM H. II... CB 02/08/2005 1,000,000 MERRILL LYNCH PIERCE...
GATES, WILLIAM H. II... CB 02/07/2005 2,000,000 GOLDMAN SACHS & CO
GATES, WILLIAM H. II... CB 02/04/2005 1,000,000 SANFORD-BERNSTEIN & ...
UNKNOWN CB 02/04/2005 1,000,000 UBS WARBURG LLC
GATES, WILLIAM H. II... CB 02/03/2005 2,000,000 MORGAN STANLEY & CO
GATES, WILLIAM H. II... CB 02/03/2005 1,000,000 MERRILL LYNCH PIERCE...
GATES, WILLIAM H. CB 02/02/2005 1,000,000 CREDIT SUISE FST BOS...
GATES, WILLIAM H. CB 02/02/2005 1,000,000 UNKNOWN
VASKEVITCH, DAVID OFF 12/06/2004 910 FIDELITY BROKERAGE S...
BACH, ROBERT JOSEPH SR VP 12/03/2004 26,160 UNKNOWN
MARQUARDT, DAVID F. DIR 12/03/2004 100,000 UNKNOWN
BACH, ROBERT JOSEPH SR VP 12/02/2004 12,000 UNKNOWN
BACH, ROBERT JOSEPH SR VP 12/01/2004 4,000 UNKNOWN
So he is an old man who dabbles in useless penny stock, lots of them out there. Bill Gates and his dad are two different poeple. Show me where "Bill" himself is involved and that would be worth listening to. [/QB][/QUOTE]
Posted by NOT SO HOTT on :
has anyone heard of the potential buy out? I work with someone who has 1 billion shares and he seems to have some buy out info. don't know what to believe with this company anymore
Posted by Doctoall on :
quote:Originally posted by NOT SO HOTT: has anyone heard of the potential buy out? I work with someone who has 1 billion shares and he seems to have some buy out info. don't know what to believe with this company anymore
Believe "nothing" you hear and only "half" of what you see. Only believe when you see it happening and the dollars reflected in your account. Posted by Dustoff101 on :
10000000000.....shrs ?....hope his cost average is .000000000000000000000000000000001
Posted by bill1352 on :
if he is the father i'd say he is abandoning his kid...those are sells not buys
Posted by ed19363 on :
Anybody who would put that much money into one stock is either rich and doesnt care, or has rocks in his head. IMO.LOL
Posted by NOT SO HOTT on :
i think i should just hope for the best until the company folds. I don't have a fortune in it anyway and if it goes for .17 it would have been much worth the wait.
Posted by NOT SO HOTT on :
i think i should just hope for the best until the company folds. I don't have a fortune in it anyway and if it goes for .17 it would have been much worth the wait.
Posted by Pennytrade on :
Why Cmkx is not trading today?
Posted by Upside on :
.17? That's a joke, right?
Posted by Dustoff101 on :
Not so hot and pennytrade I could say something but I just can't ...I just can't etc etc etc.
maybe dwman will give you both a reply he is far better than I at explaining things, also he speaks German.
Posted by justplayin on :
Let me guess, somehow this is good news, right?
Posted by justplayin on :
Nope, just news Posted by Ric on :
did I read this right, 12 months possible suspension while investigation cont.
Posted by Upside on :
Just wait. It will be spun into the best thing that could have happened. Give it a couple hours.
Posted by Ric on :
In view of the allegations made by the Division of Enforcement, the Commission deems it necessary and appropriate for the protection of investors that a public administrative proceeding be instituted pursuant to Section 12(j) of the Exchange Act to determine: A. Whether the allegations in Section II are true and, in connection therewith, to afford the Respondent an opportunity to establish any defenses to such allegations; and B. Whether the registration of each class of CMKM Diamonds’ securities, pursuant to Section 12 of the Exchange Act, should be suspended for a period not exceeding twelve months, or revoked.
Posted by Ric on :
Thats already started, lol. They, SEC, shut it down to cover up the NSS. roflmao they will not give up the koolaid.
quote:Originally posted by Upside: Just wait. It will be spun into the best thing that could have happened. Give it a couple hours.
Posted by legaleagle on :
OK Here is the "spin". None needed. Is it a good thing? NO. Is it unexpected? NO. CMKX has stated in it's response to the SEC that it could not provide the necessary filing information in the 60 days required. So the SEC gave them another 120 days to get in the required paperwork. There was no extension of the suspension and no halt of trading the stock. Nothing changed substantially from the initial suspension. We may still trade tomorrow on the pinks or greys. We may do something else. The ball is still in Maheu's court and now we will hear from the company IMO.
Posted by ed19363 on :
I'm thinking it will be "something else"...By the way, I have several hunters in the area asking if there is a season for hunting "urbans", whatever they are...must be related to elderdritches....
Posted by Upside on :
Why the delay though? Any company that is doing business keeps balance sheets, p & l statements, etc. If this were a real corporation doing real business those documents should take no more than a few days to assemble. There's a very simple answer, the documents don't exist. There was no reason for them to exist.
Posted by legaleagle on :
IMO, this was not unexpected by the attornies. Go back to the PR answering the SEC and you will see that they predicted this:
"CMKX anticipates a formal request for documents to be issued by the SEC in the near future."
Also only one company has came out after this stage and they were revocated and were not allowed to trade for a year before they finally got to trade again.
Posted by Ric on :
Legal you need to read the order. It states they have 20 days and the judge has up to 120 days to make final say. But CMKX has only 20 days to file.
Posted by will on :
"Also only one company has came out after this stage and they were revocated and were not allowed to trade for a year before they finally got to trade again."
Maybe so Ric, but it wasn't the almighty and powerful CMKX, which has super powers to negotiate directly with any government regulatory agency. After all, didn't Mahue grab the SEC by the throat and spit in their collective face? He forgot to look down to see if the SEC had a handful of his tender bits. They did, and they're ripping them off as I type.
SHHHHHH.....can ya hear it (rip), can ya feel it, (cringe).
Posted by Ric on :
What I think is funny here is the fact they are going to shut them down for a little white lie. And all the big lies they couldn't get them for. Of course they wouldn't have been able to have the big lies if not for the little one of filing only 300 investors on there original form 15.
Posted by boised on :
quote:Originally posted by Ric: What I think is funny here is the fact they are going to shut them down for a little white lie. And all the big lies they couldn't get them for. Of course they wouldn't have been able to have the big lies if not for the little one of filing only 300 investors on there original form 15.
See thats just it... the big time lawyers were brought in to protect Urban's ass on the millions of the other lies. Now one slip and its over.
Posted by Doctoall on :
March 17th, break out the Green Beer and the Irish Whiskey for the Irish Funneral tomorrow. This puppy is "DEAD"
Posted by Doctoall on :
Shhhhhhh do you hear it, the sound of Rigormortis setting in.
Posted by Highwaychild on :
quote:Originally posted by Doctoall: March 17th, break out the Green Beer and the Irish Whiskey for the Irish Funneral tomorrow. This puppy is "DEAD"
LOL,sounds good Doc.CMKX has been like one big drunk for me ever since I got it.It sure has been all fun, all the hype this one has had.I guess it's time to sober up.I think I made some friends because of it at least.
Posted by Doctoall on :
quote:Originally posted by Highwaychild:
quote:Originally posted by Doctoall: March 17th, break out the Green Beer and the Irish Whiskey for the Irish Funneral tomorrow. This puppy is "DEAD"
LOL,sounds good Doc.CMKX has been like one big drunk for me ever since I got it.It sure has been all fun, all the hype this one has had.I guess it's time to sober up.I think I made some friends because of it at least.
Highway, I feel the same way, good friends made from a bad experience.
Posted by glassman on :
quote:Originally posted by glassman: guys.... this is not healthy... 7 pages on a halted stock at .00000001?
have a funeral and move on...
'bout time...
sorry to all the longs...
i never "bashed" out of malice....
Posted by bill1352 on :
well i'll be. i get an evening job & see what i miss. 20 days to respond. can you hear it?? the sound of the cult dropping is disbelief. the part i like & would love to have a camcorder for is the public hearing note. i can see it now, the Charlie Manson trial all over again only CMKX style. i wonder if they allow kool-aide jugs in this court? ya think the cult will hold hands & sing kumbiya?? i do hate to say it but legel is right, if they file everything in 20 days it will start all over again unless in filing that info something shows up illegel like the dividend splits, the $1 million payment to CIM & the fact that probably only 1/2 the announced shares were given out in the dividend. they had better be able to prove voting rights before all those things happened. of course a lawyer like roger i'm sure had stuff made up & signed in time.
Posted by Doctoall on :
Now we know why Roger bailed, he saw the writing on the wall, he saw what was coming so he packed his gold dust on his azz and rode out of town Posted by legaleagle on :
quote:Originally posted by Ric: Legal you need to read the order. It states they have 20 days and the judge has up to 120 days to make final say. But CMKX has only 20 days to file.
Sorry Ric, ya gotta read carefully. They don't have to file in 20 days, they have to file an answer. That is a whole different puppy.
In layman's terms, they simply have to answer as to why they haven't filed yet. Betcha they got a good answer too.
"IT IS FURTHER ORDERED that the Respondent shall file an Answer to the allegations contained in this Order Instituting Proceedings within twenty (20) days after service of this Order, as provided by Rule 220 of the Commission’s Rules of Practice [17 C.F.R. § 201.220]."
Posted by legaleagle on :
quote:Originally posted by will: "Also only one company has came out after this stage and they were revocated and were not allowed to trade for a year before they finally got to trade again."
Maybe so Ric, but it wasn't the almighty and powerful CMKX, which has super powers to negotiate directly with any government regulatory agency. After all, didn't Mahue grab the SEC by the throat and spit in their collective face? He forgot to look down to see if the SEC had a handful of his tender bits. They did, and they're ripping them off as I type.
SHHHHHH.....can ya hear it (rip), can ya feel it, (cringe).
At least you have a sense of humor will. Just wait and see who is losing what.
Posted by legaleagle on :
quote:Originally posted by Ric: What I think is funny here is the fact they are going to shut them down for a little white lie. And all the big lies they couldn't get them for. Of course they wouldn't have been able to have the big lies if not for the little one of filing only 300 investors on there original form 15.
Ric please point out where it says they are being shut down.
Posted by legaleagle on :
quote:Originally posted by Doctoall: March 17th, break out the Green Beer and the Irish Whiskey for the Irish Funneral tomorrow. This puppy is "DEAD"
There may be a funeral tomorrow, but not CMKX.
Posted by legaleagle on :
quote:Originally posted by glassman:
quote:Originally posted by glassman: guys.... this is not healthy... 7 pages on a halted stock at .00000001?
have a funeral and move on...
'bout time...
sorry to all the longs...
i never "bashed" out of malice....
Speaking for at least one "long", your sympathy is premature.
Posted by Doctoall on :
quote:Originally posted by legaleagle:
quote:Originally posted by Doctoall: March 17th, break out the Green Beer and the Irish Whiskey for the Irish Funneral tomorrow. This puppy is "DEAD"
There may be a funeral tomorrow, but not CMKX.
They must be paying you a crap load of money to keep pumping this crap, or they are not paying you anything and you are wrapped up in the spirit of the kool aid. I actually once thought that maybe you were "Urban" but I must say you are to smart to be that dumb chit or are you?
Posted by legaleagle on :
quote:Originally posted by Doctoall: Now we know why Roger bailed, he saw the writing on the wall, he saw what was coming so he packed his gold dust on his azz and rode out of town
Doc, I think you will find Roger's name on today's USCA 8K. He is a long way from gone.
Posted by Doctoall on :
One think for sure is that Urban will soon be back in his own environment, but this time on the opposite side of the bars Posted by Doctoall on :
quote:Originally posted by legaleagle:
quote:Originally posted by Doctoall: Now we know why Roger bailed, he saw the writing on the wall, he saw what was coming so he packed his gold dust on his azz and rode out of town
Doc, I think you will find Roger's name on today's USCA 8K. He is a long way from gone.
You don't see his name on anything new at CMKX DO YOU!!!!!
Posted by Doctoall on :
Urban had better hope that the lady from the big FLOP PARTY is not out there looking for him Posted by ed19363 on :
Nothing but trouble. I find it very hard to believe that after all this bad stuff has been happening, there are still people who believe that something good can come out of all this. If I could sell this tomorrow at what I paid, I'd be off this boat faster than you can yell "Abandon ship". If it sounds like it is too good to be true, it probably is. Yep, that applies. I am sorry for anyone who lost money in this. I've learned my lesson, I'm sticking to established companies from now on. I wont be rich suddenly, but I'll settle for a sure $400-500 every three months in cash dividends. Better safe than sorry. Gentlemen, I believe the end is in sight, it has been my pleasure making your acquaintances, regardless of our differences of opinion on CMKX. Dont know what else to say, so I think I'll go have a beer and watch TV instead of the computer. Best of luck to yall in the future.
Posted by will on :
noah wrote:
"At least you have a sense of humor will. Just wait and see who is losing what."
Give it up, man, stop yourself, now. It's over, the fat lady cleared her anus and is about to sing taps out of her ass. Time for you to quit pumping this dead dog.
Yea they got a one in 703,000,000,000 chance of coming out of this at all. 1 / 703,000,000,000, aren't those great odds.
Come on, noah, sober up man, admit it is OVER!
Shhhhhhh..........Can ya hear it? (CRASH! BANG!)
Posted by boised on :
quote:Originally posted by legaleagle:
quote:Originally posted by Doctoall: March 17th, break out the Green Beer and the Irish Whiskey for the Irish Funneral tomorrow. This puppy is "DEAD"
There may be a funeral tomorrow, but not CMKX.
They announced a share structure filing will be released 6-9 months ago and now in 20 days they'll turn it over. They have NO intention of filing anything, this was a pump and on idiots that think gee if Debeers has a diamond find then a mile away there should be a boatload of diamonds. Idiots, if I have a marijuana plant growing in my backyard that does not mean a mile away you'll find a huge stash of marijuana plants growing. That jackass melvin added fuel to the fire by flat out lying about what diamonds they had... thats the only rise this stock has seen, once the truth was out then it tanked and idiot bag holders are pumping to try and dig out... it ain't happening. If this ever trades again, good luck selling for even .0001.
Posted by will on :
naoh wrote:
"Just wait and see who is losing what."
Well, I don't have to wait to see you and your ilk losing touch with reality. Y'all are dilusional. You are in a state of denial. Understandable, losing as much as y'all probably have. You will convince yourselves that there is a one in a trillion chance you will recover your money. It's done, it's over. Pack it in, pal. No one can buy this tripe anymore, you can't influence anyone to buy it anymore. Reality has shown itself to be more powerful than your theories and hopes. I feel terrible for those that listened to y'all, and jumped in this with both feet. I hope you are proud of yourselves for influencing so many.
Posted by boised on :
quote:Originally posted by will: noah wrote:
"At least you have a sense of humor will. Just wait and see who is losing what."
Give it up, man, stop yourself, now. It's over, the fat lady cleared her anus and is about to sing taps out of her ass. Time for you to quit pumping this dead dog.
Yea they got a one in 703,000,000,000 chance of coming out of this at all. 1 / 703,000,000,000, aren't those great odds.
Come on, noah, sober up man, admit it is OVER!
Shhhhhhh..........Can ya hear it? (CRASH! BANG!)
"noah wrote:" hahahah hey leagleschmegal you aren't fooling anyone noah ... for old times sake login with your old id and pump us full of da troooof about NSS, diamonds that light up geologists eyes, cash dividends in a pre-paid debit card, Citibank joining CMKX, reverse double naked short merger into CIM, how this is already paying us with restricted divedends (which are totally f/u\cking up my Ameritrade account as I can never close the account now as those shares are stuck there). Come on baby feed us the gospel on how Urban is a righteous god worshipping man that TRUELY loves his investors. I D I O T I C R E T A R D. ... F/u\ckin wasting time trying to get me banned instead of ever ONCE refuting and points I made back in July. WHY THE F/U|CK DOES MELVIN NEED A DONATION FOR HIS GIMP WIFE WHEN YOU WERE ALL GOING TO BE MILLIONARES>>. MORON!!!
WHY THE F\/CK WAS CMKX HOSTED ON A FREE MESSAGE BOARD WHEN THEY HAD MILLIONS IN ASSET. SIMPLE THEY HAD JACK**** and YOUR STUPID ASS GOT TAKEN
Posted by bill1352 on :
ya know, its ok to dream. every person that bought cmkx did so out of a dream, a hope of huge gain. that hope was built by the kool-aide cult & melvin. UC just started it with hints in prs, early prs, 2002 & 2003. but for most of us when we got hit with the 400 billion hammer months ago we woke up. others needed the 703 billion hammer to get wide awake. some like legel just refuse to wake up & the scary thing is he isn't alone. he has a large crowd holding his hand saying its ok. this is part of the plan. its a stroke of genius on uc's part, make the SEC expose the mm's & all that other chit they have been puking all over the internet. when it ends or has a huge r/s, if it keeps trading they still won't believe it & will suink more cash into the black hole of UC's wallet.
Posted by boised on :
tramp God of Diamonds
member is offline
Hey Shorty? Remember us? We rob banks..(yours).. Butch and Sundance
YIM YIM Email PM
Gender: Male Posts: 3184
Re: UC wanted to be delisted - After he has our Mo « Reply #42 on: Today at 8:21pm » if i see a dead horse, i'll revive him, because i want to ride him..
urbie and ibm planned this, so you could go on a rant.. be thankful, your home at your computer, and not in their offices.. i doubt if u would escape from things flying around.
chill, thats why we have top notch lawyers.
and if you think you can do better, offer your services.
[ March 16, 2005, 21:53: Message edited by: boised ]
Posted by bill1352 on :
i wonder if when it crashes & all shares are even more worthless then now & 1 of the poor suckers that dumped huge cash in commits suicide can the family sue the cult?, the differant boards that don't allow the truth to sneak in? sterling, the christian cmkx cult, 6 or 7 other boards, dr d & so many others, some of whom used to post in here but left because they hated the truth & were not allowed to pump without the truth slapping them daily. in my book it should be allowed. if i'm on the jury they will be found guilty.
Posted by boised on :
EzMoney Dr. Of Diamonds
member is offline
Where did all those OTHER shares come from?
PM
Posts: 235
UC wanted to be delisted - After he has our Money « Thread started on: Today at 6:58pm » Give me a break!!.
Do you really think UC and RG and others did not know this would result from not filing for two years??
Now UC and family and friends have huge interests in other going concerns, big bank accounts, and a catch all excuse that leaves him the victim.
Don't forget the recent TRUST ACCOUNTS just locked and loaded.
His brother got a million dollars for a company we already owned!
UC was totally complicit with the MM's. The MM's have made a killing off of us too.
RG had a little time to distance himself and IBM was brought in for UC protection from shareholders.
This is now a dead horse so you might as well stop kicking it.
The minimum we will get for sure is a one year suspension, but very likely permanent.
Don't call me a basher, this is the most logical reasoning yet.
If you want to call someone a basher, start with Urban Casavant. He has done more damage to CMKX than anyone on a message board.
This is all just my logical opinion.
Posted by boised on :
yooper Diamond Hunter
member is offline
PM
Posts: 8
Re: UC wanted to be delisted - After he has our Mo « Reply #45 on: Today at 8:25pm » on Today at 7:24pm, otcsmart wrote: Are you all fine with nothing for clarification, what is really going on, from the Company? I am sorry I believe if all is well, they need to get this across to shareholders! It is time for them to update the shareholders as was promised to GREEN BARON.
They did update the shareholders.
* 703 mill OS * Over 400 bill float * serious dilution by crooked UC * no valuation in sight * IBM says we need tough decisions - take that to mean delist and screw the shareholders * UC all set up with lifetime trust containing our money
How much more pain can you endure. Only hope is the SEC throws UC in jail.
Live long and make a ton of cash
Posted by Highwaychild on :
Dreams do come true. You know what got me into CMKX.Point Group Holdings(GZFX).It went .0001 to over 18 cents I think. My 6 mill of CMKX would have got be a million dollors after taxes.
They are out there somewhere,we just have to find 'em.LOL
Posted by bill1352 on :
WOW>..DR D ON OUR SIDE!!!!!!!!!!!!!!!!!!!!!! i guess that 703 billion share sledge hammer hurt.
Posted by will on :
Problem is bill, if they are found guilty they'd want to pay the judgement in CMKX stock that is worth trillions according to them. LOL
I just can't believe this type of denial of reality can exist in a right thinking person's head.
I don't even know what to say anymore. I think they lost touch with all sense of reality now.
quote:Originally posted by bill1352: i wonder if when it crashes & all shares are even more worthless then now & 1 of the poor suckers that dumped huge cash in commits suicide can the family sue the cult?, the differant boards that don't allow the truth to sneak in? sterling, the christian cmkx cult, 6 or 7 other boards, dr d & so many others, some of whome used to post in here but left because they hated the truth & were not allowed to pump without the truth slapping them daily. in my book it should be allowed. if i'm on the jury they will be found guilty.
Posted by bill1352 on :
i agree highway. its what got me in too. remember its a nice write off on taxes next yr. cover cash made on real stocks, penny or otherwise.
Posted by Doctoall on :
DEAD Just plain DEAD!!!!!!!!! Nothing more, nothing less.
Posted by will on :
"Dr. Of Diamonds"
Is that "THE" Dr. D, Dr. Diamond? He's giving it up, and noah isn't?
Come on, noah, the walls are tumbling down.
Shhhhhhhhhhhhhh..........Can you hear it, (SPLASH), rats splashing in the water.
Go down with your ship, noah. Who wants to be a millionare?
Posted by boised on :
CMKM now faces SEC administrative proceeding
2005-03-16 20:36 ET - Street Wire
by Lee M. Webb
CMKM Diamonds Inc., a massively diluted subpenny pink sheet promotion headed by Saskatchewan native Urban Casavant, is now the subject of a U.S. Securities and Exchange Commission (SEC) administrative proceeding. The March 16 regulatory action comes as a 10-day SEC-imposed trading suspension comes to an end.
The SEC alleges, possibly to little suprise, that CMKM is delinquent with its required periodic filings. Specifically, the U.S. regulator alleges that CMKM has not filed an annual report since May 9, 2002, or quarterly reports since Nov. 18, 2002.
The company has 20 days to answer the allegations. In the event that CMKM does not answer the allegations or fails to appear at a public hearing to be scheduled before an administrative law judge, the company may be deemed in default and a determination made against it.
If the allegations are found to be true, a determination will be made whether to issue an order suspending CMKM for not more than 12 months or revoke the company's registration.
According to the SEC order, the administrative law judge must issue an initial decision in the matter within 120 days.
In the event that the registration of the company's securities is revoked, the nearly worthless 703.5 billion shares issued and outstanding will be completely worthless.
It remains to be seen what, if any, defence CMKM's touted crackerjack securities attorney Donald J. Stoecklein will attempt to establish, given that the company has already acknowledged that it has reporting obligations.
As previously reported by Stockwatch, Mr. Casavant's pink sheet promotion filed a Form 15 with the SEC on July 23, 2003, claiming that it had approximately 300 shareholders of record and, as provided by securities regulations for issuers with fewer than 300 holders of record, was terminating its reporting obligations.
That filing was inaccurate.
In fact, CMKM had 698 shareholders of record at the time of the original filing. On Feb. 17 of this year, the company filed an amended Form 15 acknowledging that the original filing was incorrect and that it in fact had reporting obligations all along.
Whatever the outcome of the administrative hearing that will be held some time between 20 and 120 days of today's order, it may not mark the end of the SEC's interest in CMKM.
Indeed, following the SEC suspension issued on March 3, CMKM issued a news release indicating that the company did not believe that the trading suspension was triggered by the amended Form 15 acknowledging its reporting obligations that was filed on Feb. 17. Rather, CMKM suggested that the suspension was prompted by concerns raised during an SEC inquiry into a related company.
While CMKM did not name the other company being investigated by the SEC, there is little doubt that it is closely associated U.S. Canadian Minerals Inc., which was suspended by the SEC last October and has acknowledged that it is the subject of a continuing SEC investigation.
In any event, it is clear from the SEC suspension issued against CMKM on March 3 that the U.S. regulator has some serious concerns about Mr. Casavant's pink sheet company.
Among other things, the U.S. regulator noted that questions had been raised regarding CMKM's assets and liabilities, mining and other business activities, share structure and stock issuances and corporate management.
The SEC is also concerned that CMKM may have unjustifiably relied on a Form S-8 to issue unrestricted securities. Rounding out the concerns identified on March 3, the SEC raised the spectre of a possible illegal distribution of securities by the company or certain of its shareholders.
CMKM has been claiming that it has been diligently working toward fully reporting compliance for about a year, particularly since it hired another crackerjack securities attorney last year, the highly touted D. Roger Glenn of Edwards & Angell.
As it turned out, the ballyhooed Mr. Glenn, currently working for SEC target U.S. Canadian Minerals, did not produce a single regulatory filing for CMKM before he was replaced by Mr. Stoecklein in February.
In the March 4 response to the SEC suspension, CMKM's recently appointed co-chairman Robert Maheu said that the company has "been aggressively gathering the essential information" needed to comply with its reporting obligations.
To this point, CMKM's aggressive gathering has resulted in two SEC filings, neither of them of much significance in light of the serious questions raised by the U.S. regulator so far.
On March 8, Mr. Maheu filed an initial statement of beneficial ownership disclosing that he holds absolutely no shares in the company. That was followed by a March 14 filing disclosing material events that consisted primarily of some recent news release and a few historical amendments to CMKM's Nevada articles of incorporation.
So far, there has been no disclosure of any financial information or matters such as stock issuances that led to the company currently having a staggering 703.5 billion shares issued and outstanding.
It remains to be seen whether the company will make good on its announced plan to meet its reporting obligations.
Further, it remains to be seen whether the SEC will yank CMKM's registration within the next four months, sending the company into the void.
The SEC trading suspension against CMKM expires at 11:59 this evening.
In light of the SEC administrative proceeding and the possibility that the company's stock may be rendered completely worthless within the next 120 days, it also remains to be seen whether any investors will be adventurous enough to purchase shares of the massively diluted pink sheet promotion.
CMKM last changed hands on March 2, closing at two-100ths of a U.S. cent.
The saga continues.
Comments regarding this article may be sent to lwebb@stockwatch.com.
(More information regarding CMKM Diamonds and associated companies can be found in Stockwatch articles dated Oct. 21, 2003; June 22; Sept. 16 and 24; Oct. 1, 15 and 20, 2004; and Feb. 11, 14, 18, 22 and 23; and March 1, 3, 4, 7, 14 and 15, 2005.)
quote:Originally posted by will: "Dr. Of Diamonds"
Is that "THE" Dr. D, Dr. Diamond? He's giving it up, and noah isn't?
Come on, noah, the walls are tumbling down.
Shhhhhhhhhhhhhh..........Can you hear it, (SPLASH), rats splashing in the water.
Go down with your ship, noah. Who wants to be a millionare?
Sorry will, Dr.of Diamonds, is a title used for posters at that "board we are not allowed to name here". Dr. Diamond is still long and strong, posting on other message boards and appearing in his Paltalk room.
Posted by legaleagle on :
And boised, since you chose to post that drivel from Lee Webb, then I will repost the truth about Stock Patrol, Stock Watch and all the other little stock "news" letters being posted by Bernstein's people.
Below is information and links regarding the "seedy" past of Stockpartol.com.
Posted by: zeninvestor32 In reply to: None Date:10/21/2004 11:37:29 AM Post #of 19062
READ THIS
Great find by Nuffy on the CMKX thread. Read this and you will never believe another word from Stockwatch "journalists" again. Note the initial comment from the Supreme Court of British Columbia "the conduct of the defendants in the conduct of this action and in the manner on which it reported on the proceedings was sufficiently reprehensible as to merit an award of special costs." Also, this was great: "the Mudry [stockwatch"reporter"] articles were one-sided, harsh and contained extravagant epithets such as the characterization of Dr. Ager as "a peddler of worthless salted property"". LOL Oh just read it. It's a hoot. And pretty good insight into whether or not you should read one word of Lee Webb.
Also for another hoot, check out this link, wherein poor little Canjex Publishing, owner of Stockwatch cries and cries about how poor they are and how this suit will possibly bankrupt them because they have nooooo money. I leave it up to you, the reader, to decide if you think Stockwatch is really a penniless, no-asset company or simply a shell for the much larger short hedge funds to continue to publish hatchet jobs with impunity on stocks they could be shorting. You know MY opinion.
Bernstein was the founder of StockPatrol and see what the guy has done to the history of mankind...
In May 1999, Mr. Bernstein, too, pleaded guilty to securities fraud, conspiracy and perjury and agreed to forfeit $850,000 in illegal profits. He prepared to testify when Mr. Pace came to trial on charges of secretly controlling Sterling Foster and prospering from its roughly $200 million in fraudulent business. That did not become necessary. Mr. Pace pleaded guilty in 2000 and last April and was ordered to pay nearly $135 million in restitution to investors and was sentenced to eight years and four months in prison.
By the time Mr. Bernstein pleaded guilty, his career was in ruins. He had been disbarred. His law partners had walked out on him. He could not seek a new job while he faced prison, but he was desperate to keep busy.
Posted by will on :
noah wrote:
"Sorry will, Dr.of Diamonds, is a title used for posters at that "board we are not allowed to name here". Dr. Diamond is still long and strong, posting on other message boards and appearing in his Paltalk room."
Oh! Such disappointment.
It's probably some minor player that doesn't understand this stock, or finds negatives where there aren't any. Just another jerk, eh noah?
Posted by bill1352 on :
HEY LEGEL!!!??? can ya hear it????? oh no thats right, reason has no place in your world.
Posted by boised on :
quote:Originally posted by legaleagle: And boised, since you chose to post that drivel from Lee Webb, then I will repost the truth about Stock Patrol, Stock Watch and all the other little stock "news" letters being posted by Bernstein's people.
Below is information and links regarding the "seedy" past of Stockpartol.com.
Posted by: zeninvestor32 In reply to: None Date:10/21/2004 11:37:29 AM Post #of 19062
READ THIS
Great find by Nuffy on the CMKX thread. Read this and you will never believe another word from Stockwatch "journalists" again. Note the initial comment from the Supreme Court of British Columbia "the conduct of the defendants in the conduct of this action and in the manner on which it reported on the proceedings was sufficiently reprehensible as to merit an award of special costs." Also, this was great: "the Mudry [stockwatch"reporter"] articles were one-sided, harsh and contained extravagant epithets such as the characterization of Dr. Ager as "a peddler of worthless salted property"". LOL Oh just read it. It's a hoot. And pretty good insight into whether or not you should read one word of Lee Webb.
Also for another hoot, check out this link, wherein poor little Canjex Publishing, owner of Stockwatch cries and cries about how poor they are and how this suit will possibly bankrupt them because they have nooooo money. I leave it up to you, the reader, to decide if you think Stockwatch is really a penniless, no-asset company or simply a shell for the much larger short hedge funds to continue to publish hatchet jobs with impunity on stocks they could be shorting. You know MY opinion.
Bernstein was the founder of StockPatrol and see what the guy has done to the history of mankind...
In May 1999, Mr. Bernstein, too, pleaded guilty to securities fraud, conspiracy and perjury and agreed to forfeit $850,000 in illegal profits. He prepared to testify when Mr. Pace came to trial on charges of secretly controlling Sterling Foster and prospering from its roughly $200 million in fraudulent business. That did not become necessary. Mr. Pace pleaded guilty in 2000 and last April and was ordered to pay nearly $135 million in restitution to investors and was sentenced to eight years and four months in prison.
By the time Mr. Bernstein pleaded guilty, his career was in ruins. He had been disbarred. His law partners had walked out on him. He could not seek a new job while he faced prison, but he was desperate to keep busy.
COUGH Green Barron COUGH COUGH COUGH COUGH STOck play of da lifetime COUGH COUGH "BIG news at the shareholders party" COUGH COUGH. Piss off noah.... ABSOLUTELY.... N O T H I N G!!!!!! from your posts has come true.... do you understand that? All the energy you waste coping and pasting for the past year amounts to NOTHING. you are Zero for 365... give up... pack up and leave and come back when CMKX opens at .54 cents a share.
Posted by bill1352 on :
did ya happen to read his story after that noah, he has been working with the SEC to find scams in the market. they use him because he is a crook. have you ever read about the other stocks he covers? every one has turned up a scam or an r/s machine. isn't the smell of having your head up your azz getting to you yet???
Posted by Ric on :
Your sort of right about the 20 days but April 17th is when there filing is due and they already said they can't make that in their last PR. Also they can't answer in 20 days. They lied to get out of filing. WHats their answer, oops. Once at this stage only one company has ever came out of this. With the scam of 703 billion o/s the SEC is coming down hard and if its only outlet is a lie about how many investors then so be it. They, the SEC, has up to 120 days but can make judgement in as less as 20 days when they have to have an answer to the question. You are being dilusional if you think the SEC is going to let this go unpushished now that they started the proceedings.
quote:Originally posted by legaleagle:
quote:Originally posted by Ric: What I think is funny here is the fact they are going to shut them down for a little white lie. And all the big lies they couldn't get them for. Of course they wouldn't have been able to have the big lies if not for the little one of filing only 300 investors on there original form 15.
Ric please point out where it says they are being shut down.
Posted by bill1352 on :
just curious legel, did YOU happen to read those articles you posted in an effort to defame Lee Webb? first not in 1 instance was Lee Webb mentioned. Second the company the articles were about was a scam. the suit is for naming a person that may or may not have been a part of the scam. its not a suit over if the publicly traded company scammed shareholders, they did. another point is to stop hackers from getting into corperate computers companies hire hackers. why you might ask, they are good at it. thus the same reasoning applies to stockwatch, if you want to find scam companies you use a guy that ran stock scams. if i decide to rob a bank i dont get a preist to help. hmmm come to think of it, UC wanted to rob ppls wallets & he got a preist & a few "good christians" to help. maybe he was a big jim baker fan.
Posted by will on :
Seriously, noah, do you think CMKX is going to get through this? Do you really think everything will be OK? What can be making you think this? Do you think it is a conspiracy between the MM's, SEC, DTC, and powers to be? Do you think the offshore hedge funds have CMKX shorted, and all will come out through the SEC investigation? What is it you and your ilk are thinking? Please explain this to me. Tell me exactly what you think is happening here. Enlighten me.
Posted by Ric on :
As in a criminal trail Once a DA gets the case then they don't intend on losing. But unlike a criminal case the SEC is the DA, Judge, and Jury. Yes they suppose to be imparial but do you really believe that. If they think you did something wrong then it doesn't matter they will find some reason to get rid of you. And it looks like the lie on the original form 15 is there ace in the hole. They did it there is no way around that. So say bye bye. And those that say MAhue was here to get this through, maybe he here just to keep UC out of jail, ex-FBI.
Posted by will on :
Where is debbie? She understands/understood this stock so well. Maybe she can explain how the current events are good? Maybe she can explain how this is a positive?
Posted by Highwaychild on :
ex-FBI is still is as gov. related as SEC.gov. could come down to who knows who,who knows more. But whatever, it'd be nice for all the answers to all the questions to finally come out.
Posted by will on :
child:
The questions are answered. It's end game time, check/checkmate. NO HOPE! There isn't any positives. There isn't any theories that can help. There isn't any diamonds. There isn't any value. There isn't any conspiracy. There isn't any NSS or double short naked shorts. There is any parallel universe theories. There isn't any repukifying of the repukification. There isn't anything but a lock wating to go on the door. Are you going to deny logic, good sense, reason, and reality too?
Posted by Highwaychild on :
quote:Originally posted by will: child:
The questions are answered. It's end game time, check/checkmate. NO HOPE! There isn't any positives. There isn't any theories that can help. There isn't any diamonds. There isn't any value. There isn't any conspiracy. There isn't any NSS or double short naked shorts. There is any parallel universe theories. There isn't any repukifying of the repukification. There isn't anything but a lock wating to go on the door. Are you going to deny logic, good sense, reason, and reality too?
oops..I'll be right back...
Posted by Highwaychild on :
There isn't any conspiracy.Do you want a horse head in your bed?
Posted by Highwaychild on :
Fedal Castro...now that was a conspiracy.
Posted by Ric on :
It doesn't matter. They are caught in a caught 22 that they can't get out of. On the original form 15 they list 300 investors to get out of filing. That what they have to answer to and there is only 2 answers here.
1) We lied - SEC shuts them down
2) A mistake - SEC says yeah right and shuts them down
CMKX can't win. They can't prove they didn't lie and its not up to the SEC to prove it was a mistake. SEC has them by the ###### and they can't win. It's the simple things that take some down. Some of the biggest mob bosses where taken down on tax evasion.
Posted by will on :
LOL! OK you win. Tomorrow I would like you to go to your local Mercedes dealer, and ask them to give you the biggest and best. Just tell them you'll either pay them with CMKX shares, or tell them you own a bunch and it will be worth millons some day. See if they give you the title and the keys. ............and there's a better chance a horse will cut off its own head and kick into my bed before ya'll see one cent of profit from CMKX.
quote:Originally posted by Highwaychild: There isn't any conspiracy.Do you want a horse head in your bed?
Posted by Highwaychild on :
LOL! It would be my luck,I would get the Mercedes, then hit a horse.
Posted by Ric on :
My luck, I would be riding the horse, lol
Posted by Highwaychild on :
Actually just got a Pathfinder with the navagation and TV in it.Think I'm going to hook up the PS2.Sweet ride.(and get some games from GZFX)
Posted by legaleagle on :
quote:Originally posted by Ric: There are two separate documents. Not just one. One is proceedings and one is the order. Both on SEC website.
Also only one company has came out after this stage and they were revocated and were not allowed to trade for a year before they finally got to trade again.
Well it just happened to Eagletech (EATC) and they are trading, up about 400%. And, oh yeah, these are the people who got the judge in the case to subpoena the DTCC records. HMMMMM
dmc Diamond Hunter
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Gender: Posts: 5 Eagletech succeeding with same EXACT order « Thread started on: Today at 10:40pm »
-------------------------------------------------------------------------------- against them (thanks to Kevin777)
From a good attorney friend of mine that knows Wes Christian, posted from pro-boards 32:
Dont jump ship yet, my friends.
Many of you have heard of the legal victory by Wes Christian on behalf of Eagletech. The Supreme Court of New York told the DTC to cough up their trading records this last week.
The SEC filed the same proceeding against EagleTech on February 15, 2005.
It appears this order is not an uncommon proceeding brought by the SEC. What is interesting about the EagleTech filing is the current pink sheet charts on EagleTech (EATC) . At least in that proceeding, trading was not halted.
You can see that the stock price in EagleTech has gone up steadily nearly 400% since the SEC instituted their action against EagleTech.
I hope many of you see how these proceedings have a common thread. You can believe this war is being fought on many fronts.
I do not like to post things without knowing the real skinny, so I will withhold further comments until I talk with Wes Christian tomorrow. I will post as soon as I reach him in the morning. Might want to pin this so some of the longs want be dumping shares needlessly tomorrow in the event we trade. If mods can come up with a better name for the thread, have at it.
Sleep tight.
Bill
Posted by Ric on :
Biggest problem though is the fact that this was already trading at .0001 and even worse has a 703 billion o/s. I like how these people try and bring in nss when you have one of the largest o/s in history. Yeah right the float. roflmao. That right UC is rolling in money from finding, what was it, oh yeah nothing. He surely didn't raise o/s to 703 billion to dilute for money, lol.
Posted by will on :
I had enough. I'm going to throw the horse's head out of my bed and get some sleep.
God! Do they need help.
Posted by stockiesteve on :
The only thing that's left for me to ask is why all the noise from this Company ? Why try and find a loophole to file ? To get the Sec involved and hang yourself ? Why more Billboards ? Couldn't they just do nothing for 2 or 3 years ,Let the volume dry up . Add a Q and ride off in to Sunset ? Does Urban really think he can sell another 100 Billion shares after all this ?
Posted by Ric on :
The SEC is clear on what it is charging CMKX with and even if there was shorting it would have nothing to do with the charges. It has to do with the lies on the original form 15 where they said they only had 300 shareholders when in fact they had 698. The SEC wins, there is no way out of that lie.
A. RESPONDENT 1. CMKM Diamonds, Inc. (File No. 0-26919) is a Nevada corporation based in Las Vegas, Nevada. CMKM Diamonds’ common stock is registered under Section 12(g) of the Exchange Act. CMKM Diamonds is required to file reports pursuant to Section 13(a) of the Exchange Act. B. CMKM DIAMONDS IS DELINQUENT IN ITS PERIODIC FILINGS 2. Section 13(a) of the Exchange Act and the rules promulgated thereunder require issuers of securities registered pursuant to Section 12 of the Exchange Act to file with the Commission current and accurate information in periodic reports, even if the registration is voluntary under Section 12(g). Specifically, Rule 13a-1 requires issuers to file annual reports 2 (Forms 10-K or 10-KSB), and Rule 13a-13 requires issuers to file quarterly reports (Forms 10-Q or 10-QSB). 3. CMKM Diamonds has not filed an Annual Report on either Form 10-K or Form 10-KSB since May 9, 2002, or quarterly reports on either Form 10-Q or Form 10-QSB since November 18, 2002. 4. On July 23, 2003, CMKM Diamonds filed a Form 15 (“Original Form 15”), signed by CMKM Diamonds’ president, indicating that it had approximately 300 holders of record and that it was terminating its registration, and hence its reporting obligations, pursuant to Rule 12g-4(a)(1)(i) under the Exchange Act. Rule 12g-4(a)(1)(i) provides that an issuer with less than 300 holders of record may terminate the registration of its securities. 5. On February 17, 2005, CMKM Diamonds filed an Amended Form 15, also signed by CMKM Diamonds’ president. In the Amended Form 15, CMKM Diamonds stated that it had 698 holders of record when it filed the Original Form 15, that the Original Form 15 was revoked, that Rule 12g-4(a)(1)(i) was inapplicable, and that CMKM Diamonds had reporting obligations under Section 12(g) of the Exchange Act. 6. As a result of the foregoing, CMKM Diamonds has failed to comply with Section 13(a) of the Exchange Act and Rules 13a-1 and 13a-13 thereunder.
Posted by legaleagle on :
quote:Originally posted by will: Seriously, noah, do you think CMKX is going to get through this? Do you really think everything will be OK? What can be making you think this? Do you think it is a conspiracy between the MM's, SEC, DTC, and powers to be? Do you think the offshore hedge funds have CMKX shorted, and all will come out through the SEC investigation? What is it you and your ilk are thinking? Please explain this to me. Tell me exactly what you think is happening here. Enlighten me.
will, I try not to answer you seriously because your responses are usually some kind of childish gutter or toilet humor, or an attempt at humor.
Yes I could explain a great deal more about what is happening in CMKX on this board, but wouldn't it be sort of useless? Most here have already made up their minds about CMKX. Any attempt at rationality is always met with cat calls, guarded obscenities and personal attacks. There are things that I know about this stock that I cannot discuss, and won't. In particuar about law enforcement matters.
So I try to bring a little bit of a "balancing" to the board for the few who may want to actually know both sides of the story.
You ask about Debi. I remember WWJDthrume. She is a good and decent Christian woman, and a professional investor. She tried to bring DD and reasoned opinion to this board, but how long do you think a lady of that stature could stand to wallow in the muck and inanity that this board has become?
I hit many of the boards in doing research and DD and you all have to be very proud of hijacking this one. It is the only one I can find where this kind of behavior is tolerated by management. You feed off each other and seek approval from one another by how grossly, or how despicably, you can demean CMKX, Urban, Roger Glenn, and any poster who might dare to try to bring anything but your brand of garbage to this thread.
You have accused many of us of trying to get other people involved in CMKX, apparently to drive the PPS up. Perhaps you haven't noticed that the PPS hasn't risen in months, but yet I am still here trying to bring balance, as any attempt to drive the price up would be futile, if I were so inclined.
Most long time investors will advise you not to "fall in love" with a stock. And what they mean is: Don't become emotional about a stock." That applies to the emotion of hate as well. And that is what I see being demonstrated most here. Hatred of the stock, hatred of the management, and hatred of anyone who doesn't feel the same way you do about this stock.
Forget the morality of that issue, hatred will eat you alive. Mentally and physically. If you have no moral values, no intellectual values or no respect for others in this world; perhaps you should at least consider what your actions here are doing to your own physical and mental health, and those cohorts that you consider as "friends".
I come here to bring information on a stock. Some here are in much deeper than a simple investment. I only deal in dollars when it comes to a stock, not personalities. So this is the last time I will mention it. If what you do here makes you happy....... truly happy......and the Allstocks management wants to allow it, then that is your business. It is your sty, wallow if you chose.
Posted by boised on :
quote:Originally posted by Ric: The SEC is clear on what it is charging CMKX with and even if there was shorting it would have nothing to do with the charges. It has to do with the lies on the original form 15 where they said they only had 300 shareholders when in fact they had 698. The SEC wins, there is no way out of that lie.
A. RESPONDENT 1. CMKM Diamonds, Inc. (File No. 0-26919) is a Nevada corporation based in Las Vegas, Nevada. CMKM Diamonds’ common stock is registered under Section 12(g) of the Exchange Act. CMKM Diamonds is required to file reports pursuant to Section 13(a) of the Exchange Act. B. CMKM DIAMONDS IS DELINQUENT IN ITS PERIODIC FILINGS 2. Section 13(a) of the Exchange Act and the rules promulgated thereunder require issuers of securities registered pursuant to Section 12 of the Exchange Act to file with the Commission current and accurate information in periodic reports, even if the registration is voluntary under Section 12(g). Specifically, Rule 13a-1 requires issuers to file annual reports 2 (Forms 10-K or 10-KSB), and Rule 13a-13 requires issuers to file quarterly reports (Forms 10-Q or 10-QSB). 3. CMKM Diamonds has not filed an Annual Report on either Form 10-K or Form 10-KSB since May 9, 2002, or quarterly reports on either Form 10-Q or Form 10-QSB since November 18, 2002. 4. On July 23, 2003, CMKM Diamonds filed a Form 15 (“Original Form 15”), signed by CMKM Diamonds’ president, indicating that it had approximately 300 holders of record and that it was terminating its registration, and hence its reporting obligations, pursuant to Rule 12g-4(a)(1)(i) under the Exchange Act. Rule 12g-4(a)(1)(i) provides that an issuer with less than 300 holders of record may terminate the registration of its securities. 5. On February 17, 2005, CMKM Diamonds filed an Amended Form 15, also signed by CMKM Diamonds’ president. In the Amended Form 15, CMKM Diamonds stated that it had 698 holders of record when it filed the Original Form 15, that the Original Form 15 was revoked, that Rule 12g-4(a)(1)(i) was inapplicable, and that CMKM Diamonds had reporting obligations under Section 12(g) of the Exchange Act. 6. As a result of the foregoing, CMKM Diamonds has failed to comply with Section 13(a) of the Exchange Act and Rules 13a-1 and 13a-13 thereunder.
Kool aid man says OH YEAH!!!! to your facts!!!
Posted by BCmouser on :
HMMM lot of sour grapes going around the CMKX circle of pumpers. Havent posted on this thread for over 6 months. But I gotta say I told ya so. Stickma fork in em , they are done. I predicted UC may end up in the slammer, might still come true.
Posted by boised on :
Pack Attack Dr. Of Diamonds
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Okay, so my money's gone - for now... « Thread started on: Mar 16th, 2005, 10:47pm » In the last few weeks I've gone pretty negative about CMKX... LOL, someone even called me a rosebud! Truth is, I've invested more than I should have (35k) - as the last few years have been tremendously cruddy financially for my family and others around me (the airline industry, my dad's bad decisions with his retirement fund, etc.). CMKX would have been a great way for a quick turnaround of our fortunes...but alas, this may not be the case.
What bugs me most is not that I may have lost the money. It's the time I've invested that hurts the most. I've been trying to get a business going, and rather than put the needed time into it - I've been sitting around on CMKX chat rooms waiting for the payoff. Well, the recent activities surrounding CMKX have made me understand there is no such thing as a quick buck.
My money is gone - for now. I won't be selling my shares, however, as something other than what appears to be happening may happen. Instead I'll save money here and there and in time will replenish the funds spent on my questionable investment. I'm also:
1) Going back to work on building my business. What a better way to gain financial freedom than to create it for yourself
2) Train for the Chicago Marathon (I've already started...) All these months sitting at the computer haven't done anything for my health - although at times my heart rate did get to optimum levels. Goals...reachable goals!
3) Stop dwelling on what has been lost in the last few years and start appreciating more of what I have. Play with my wonderful son more instead of wasting time hanging on every bit of news or rumor associated with CMKX.
4) Enjoy the fact that Favre will be back for at least another season!
So, I wish the rest of you good luck. I'll still visit from time to time, but one thing is for sure - nothing is happening overnight with respect to CMKX. I'll go back to checking my monthly Ameritrade statements instead of watching Level II on an hourly (or more) basis.
It's been a fun ride (not saying it's over either by any means) but it's time for me to move on. I don't know the truth about this stock. I don't know if we've had one pulled over on us - or if our government in the form of the SEC is protecting the crooks over us little people, but I do know that time will tell.
Have a great day and thanks for reading! Good luck to all and your future endeavors...
Posted by boised on :
zanmia God of Diamonds
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Re: If we are DELISTED? « Reply #7 on: Mar 16th, 2005, 7:02pm » I believe the best way to go would be to roll up to CIM and IPO first, and then take the war to the SEC and win! By rolling up into CIM and IPO'ing we are assured of not losing our initial investments and we get to be part of the IPO for CIM. After that, we take the gloves off and really lay into the SEC using all the info/evidence we have for the NSS abuses against CMKX. After the IPO, CMKX doesn't exist, but all the info/evidence and what has been going on DOES still exist. Who would the SEC and MM's attack if CMKX's NSS came to light AFTER we roll up into CIM? Imagine if this happens BEFORE Senator Bennett drills donaldson and the Senator has our info/evidence to go after donaldson with. Boy would I like to a fly on the wall for that!!!
Mike IMHO
bahahahhahah
Posted by boised on :
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Re: If we are DELISTED? « Reply #13 on: Mar 16th, 2005, 9:02pm » the war is on, no doubt, like zanmia said, go with cim and fight, or stay with cmkx and fight..
i opt for cmkx and fight, we have cim as a backup, if need be.
amd yep, we can go with cim later on and ipo, no question.. companies go and start a new one up. difference is, they may have run out of money and just got some new funds, ours is different, our fight is with the sec and shorty, money we have.
last but not least, we still have sggm too.. plan c.
bahahahahahahhahaha
FIGHT?!?!? the motherf*cker Urban pumped and diluted CMKX and now the kool aid gang want to regroup and start again??
Posted by legaleagle on :
Ric said:
"The SEC is clear on what it is charging CMKX with and even if there was shorting it would have nothing to do with the charges. It has to do with the lies on the original form 15 where they said they only had 300 shareholders when in fact they had 698. The SEC wins, there is no way out of that lie."
Ric, how do you think that CMKX could have counted naked short shareholders?
Naked shorts wouldn't show up until the got certed.
Posted by Dustoff101 on :
I sincerely hope that lead does'nt fly becouse of U/C and his crew....Those of us on this board at least have the ability to vent our frustrations, hatred, and anger with humor and intellectual banter....And yes with some legal expertize....
What I am concerned about is those that will deal with this growing and grotesque rip-off by internalizeing this theft.....I have been to drag race's and there is some bad ass dude's in the stand's and the pit's... Need I say more.
Posted by boised on :
With 703 BILLION o/s and 400 BIllion float NSS is a non-issue... again you are wrong as usual. Leave and return when the stock hits .54... the fact that you can't speaks volumes noah
Posted by boised on :
quote:Originally posted by Dustoff101: I sincerely hope that lead does'nt fly becouse of U/C and his crew....Those of us on this board at least have the ability to vent our frustrations, hatred, and anger with humor and intellectual banter....And yes with some legal expertize....
What I am concerned about is those that will deal with this growing and grotesque rip-off by internalizeing this theft.....I have been to drag race's and there is some bad ass dude's in the stand's and the pit's... Need I say more.
i'm waiting for the pics at cmkxpic.com
I want to find that lady that "went nuts" at the shareholders party and shake her hand.... I wished she walked up to urban and bitch slapped him
Posted by STOCKLOVER on :
i just saw where someone has lost 35k on cmkx. I never really thought about how serious it was till read that. I feel really bad for that guy. Anyway i wont post here anymore, not a pumper or a basher. I don't own any. Sucks for people who lost their arms and legs in this scandal though.
Posted by Ric on :
Legal, how is not reporting for 2 years a way to find NSS? Doesn't make since. The sho would have caught it for one but still they sit and hit facts from us when it should have been reported like dilution in the sum of 703 billion. Would you honestly invest in a company if you knew the o/s was that high and if you say yes then I know there is no hope for you. Also if they had been reporting then we would know the float so don't go there. But it doesn't matter its over.
Posted by Ric on :
Like I said earlier, even mob bosses got put away for tax evasion when the feds couldn't get them for there real crimes. The SEC was probably after cmkx for a long time but just didn't have that smoking gun. Then when they filed the form 15a to admend the form 15 they got them. They lied and admitted to it. It was something simple but it was something that had bite. So by coming clean they actually hung themselves. Its ashame that a company can scam the investor like AFRT but they can't touch them and with just a little lie, error, or whatever you want to call it, they can take you down. And if they were scared of news getting out they wouldn't do this. And if you claim it happened with another company then that a good reason the SEC made sure they weren't getting caught with there pants down. ITS OVER.
Posted by tarq3 on :
hmmmm...from "another" board ..............
Dont jump ship yet, my friends.
Many of you have heard of the legal victory by Wes Christian on behalf of Eagletech. The Supreme Court of New York told the DTC to cough up their trading records this last week.
The SEC filed the same proceeding against EagleTech on February 15, 2005.
It appears this order is not an uncommon proceeding brought by the SEC. What is interesting about the EagleTech filing is the current pink sheet charts on EagleTech (EATC) . At least in that proceeding, trading was not halted.
You can see that the stock price in EagleTech has gone up steadily nearly 400% since the SEC instituted their action against EagleTech.
I hope many of you see how these proceedings have a common thread. You can believe this war is being fought on many fronts.
I do not like to post things without knowing the real skinny, so I will withhold further comments until I talk with Wes Christian tomorrow. I will post as soon as I reach him in the morning. Might want to pin this so some of the longs want be dumping shares needlessly tomorrow in the event we trade. If mods can come up with a better name for the thread, have at it.
Sleep tight.
Bill
Posted by boised on :
Eagletech has a o/s of 703 billion right? More pumper bull****.. pack up and go home kthnx you are no longer fooling anyone
Posted by glassman on :
quote:Originally posted by legaleagle: If what you do here makes you happy....... truly happy......and the Allstocks management wants to allow it, then that is your business. It is your sty, wallow if you chose. [/QB]
beagle, you are the one wallowing, the only question in my mind is how many of you and your ilk are on the CMK? payroll....
Posted by ed19363 on :
Well, we are trading again, same old .0001/.0002 bull, and not one peep from the company. This really sucks
Posted by Bigrod40 on :
Okay, that was filed last week. Any NEW news??
Posted by TruthTeller on :
Why is there a high volume and mostly at 0002? Are the Faithful still loading up?
Posted by will on :
I know you can sell at .0001 for a fact. Bet no one sold at .0002. Those just might be buys TT.
Posted by thebilder on :
This stock is trading again.
Posted by legaleagle on :
quote:Originally posted by TruthTeller: Why is there a high volume and mostly at 0002? Are the Faithful still loading up?
Sorry,I just couldn't pass up the opportunity.
Posted by ed19363 on :
I just hope insanity isnt catching......
Posted by TruthTeller on :
Will, I read on other board somebody sold for 0002. I have 1m Sell for 0002, but no fill. Legal, Good luck with your 0002 buy Posted by TyGrant on :
dont know if this helps, i dont keep up on this thread but there still advertising at lasvegas motor speedway, the billboards on the back stretch are pretty coveted advertising spots. during nextel cup races and this past race, they were still up there black and white modeled after the MILK ads and say GOT CMKX? hope it helps
Posted by wnycowboy on :
TT- Looks like somebody just fat fingered a .001 transaction...wish I was on the receiving end of that sale. IMHO. Cowboy
Posted by Dustoff101 on :
Ole screw-ball was a race horse, and I wish he was mine, he never drank water, he only drank ..[cool-aid] whoops I mean wine....This stock is going to drive somebody nut's....What on earth is next....
Posted by svrider650 on :
It is interseting that I can see L2 for most pinks with Alphatrade but not CMKX. I would love to see how far down the MM's are stacked on this one.
Posted by legaleagle on :
quote:Originally posted by svrider650: It is interseting that I can see L2 for most pinks with Alphatrade but not CMKX. I would love to see how far down the MM's are stacked on this one.
SV, we are trading on the greys. You cannot see the MM's lined up on L2. Only volume, high and low, and each trade time and amount.
Posted by bill1352 on :
i'll give ya a hint....mm's are lined up at .0001 & .0002. notice mahoo doesnt want any shares?? ya think he knows something the cult doesn't???. you get on the board & dont take shares, not illegel either, its normal, there is a reason. i'll bet he is the only board member of any public company with 0 shares. i wonder why. could it be there is no use in owning cmkx shares???
Posted by Peaser01 on :
quote:Originally posted by TyGrant: dont know if this helps, i dont keep up on this thread but there still advertising at lasvegas motor speedway, the billboards on the back stretch are pretty coveted advertising spots. during nextel cup races and this past race, they were still up there black and white modeled after the MILK ads and say GOT CMKX? hope it helps
That was a big sign. I thought it was funny seeing the sign up on race day after hearing about trading being haulted.
Posted by legaleagle on :
quote:Originally posted by bill1352: i'll give ya a hint....mm's are lined up at .0001 & .0002. notice mahoo doesnt want any shares?? ya think he knows something the cult doesn't???. you get on the board & dont take shares, not illegel either, its normal, there is a reason. i'll bet he is the only board member of any public company with 0 shares. i wonder why. could it be there is no use in owning cmkx shares???
Maheu got his shares in CIM. GOT CIM? Posted by Doctoall on :
quote:Originally posted by legaleagle:
quote:Originally posted by bill1352: i'll give ya a hint....mm's are lined up at .0001 & .0002. notice mahoo doesnt want any shares?? ya think he knows something the cult doesn't???. you get on the board & dont take shares, not illegel either, its normal, there is a reason. i'll bet he is the only board member of any public company with 0 shares. i wonder why. could it be there is no use in owning cmkx shares???
Maheu got his shares in CIM. GOT CIM?
Legal will you please post the documentation that gives you that inforamtion, or is that speculation on your part?
Posted by svrider650 on :
Thanks Legal
Posted by Upside on :
CIM seems to be what people are pinning their hopes on these days. A company whose corporate status with Nevada is in default and while not public, has an a/s of 500 billion. Anyone see a set-up in the making here? Would they really do the same thing all over again?
Posted by legaleagle on :
quote:Originally posted by Doctoall:
quote:Originally posted by legaleagle:
quote:Originally posted by bill1352: i'll give ya a hint....mm's are lined up at .0001 & .0002. notice mahoo doesnt want any shares?? ya think he knows something the cult doesn't???. you get on the board & dont take shares, not illegel either, its normal, there is a reason. i'll bet he is the only board member of any public company with 0 shares. i wonder why. could it be there is no use in owning cmkx shares???
Maheu got his shares in CIM. GOT CIM?
Legal will you please post the documentation that gives you that inforamtion, or is that speculation on your part?
Purely SPECULATION Doc, but that seems to be the acceptable medium here. Wouldn't you roll up CMKX into a non-market corporation if you were being naked shorted? Why were CIM shares divied to the shareholders in the first place over a year ago, and then once again last year?
Posted by Doctoall on :
quote:Originally posted by legaleagle:
quote:Originally posted by Doctoall:
quote:Originally posted by legaleagle:
quote:Originally posted by bill1352: i'll give ya a hint....mm's are lined up at .0001 & .0002. notice mahoo doesnt want any shares?? ya think he knows something the cult doesn't???. you get on the board & dont take shares, not illegel either, its normal, there is a reason. i'll bet he is the only board member of any public company with 0 shares. i wonder why. could it be there is no use in owning cmkx shares???
Maheu got his shares in CIM. GOT CIM?
Legal will you please post the documentation that gives you that inforamtion, or is that speculation on your part?
Purely SPECULATION Doc, but that seems to be the acceptable medium here. Wouldn't you roll up CMKX into a non-market corporation if you were being naked shorted? Why were CIM shares divied to the shareholders in the first place over a year ago, and then once again last year?
IF I were NS yes but this does not appear to be the case with CMKX. It would appear that the market has been flooded by Urban for his own benefit. Now he will roll out another company to continue to flood the market so that he can sustain his extravagant life style. Only time will tell and I would hope that when its over you will admit defeat. Defeat is something that the faithful appear not to be able to accept. Time Will Tell All.
Posted by ed19363 on :
quote:Originally posted by Upside: CIM seems to be what people are pinning their hopes on these days. A company whose corporate status with Nevada is in default and while not public, has an a/s of 500 billion. Anyone see a set-up in the making here? Would they really do the same thing all over again?
As long as there are dopes out there to buy them, why not?? Wanna bet CIM comes out and quickly drops to .0001??
Posted by Upside on :
And if somehow he can combine CMKX's a/s with CIM's a/s, he'll have a cool 1.3 trillion shares to play with.
Posted by ed19363 on :
Enough to keep a race car running for quite a while. That's the only thing of proven value he has, IMO
Posted by Upside on :
Ok, lets discuss the NSS situation. I would like to hear the evidence for it. All I hear is rumor and inuendo that they're naked shorted to the tune of a trillion shares. Can anyone come on here and lay out a logical case for it? I'd sure like to hear it!
Posted by legaleagle on :
Doc, if you take the partial OS report from the company of 779 billion. And compare that to the CIM distribution to 1.56 trillion shares, then it is apparent that there is a tremendous naked short here.
Now I don't believe that we have the full OS picture because Urban has been buying back shares for quite awhile now, probably in his own name, and will retire them when this play is fully revealed. Of course bill will say they only gave out half of the CIM divy. Where is that PR or announcement? Where is the second GEMM divy? They didn't have enough to spread them around to all shareholders, because half of the total shares were naked. That's why we only got 'markers'.
Roger Glenn was trying to work this thing out behind the scenes with negotiations. That's why it took so long. It didn't work. The MM's were not giving up that kind of money, and RG wasn't going to do the dirty work against the MM's and the DTCC. He has to work with them when this is over. So in comes Maheu and his law firm to do that work.
He is applying pressure right now, playing one card at a time. He has issued two PR's announcing the OS, the certs and the number of shares being held by CEDE. But can anyone, yet, tell what the "float" is?
Does anyone yet know the true valuation of our claims in Canada? NO. And we won't release that kind of information into this kind of share structure. That would be ridiculous. That is why our claims are being held in several entities' names, like Sask Limited and others that have been named in PRs. The claims can as easily be moved into CIM as they can into CMKX.
What we are seeing right now is the very complex maneuvers of righting that share structure, and while doing so, to squeeze the naked shorters into civily paying for their crimes. If this company has been naked shorted to that degree, it is criminal and the criminal side of that will begin to appear very soon. IMO
It is the vacuum of information, of thought, of intense DD in this thread that has left so many here doubtful, angry, and confused. The only difference between the "faithful" and the "negs" is that very thing. Because the faithful have doubts, they have concerns and worries about their investment. They don't have all of the answers, so they keep digging, making phone calls, taking little "field trips" to see for themselves. We have "spies" in Saskatchewan, we have law enforcement people keeping their eyes open, and drilling people with their ears open. We have waitresses and bartenders in the cafe's and bars around the drill sites.
We are contacting Congresspersons and Senators, as well as local Secretaries of State over the Naked Short situation.
We have influential and connected people in our groups who are applying pressure on the government for appropriate action. One of those people is well known and maligned around here. That is Dr. Diamond. It is well known now that his real name is Frank Hudson. He owns three businesses, has three doctorate degrees, and sits on the Presidents Business Council. That is President as in "Bush". He has served in the Kentucky Governors election, as well as the Presidents campaign twice. That is why I get a chuckle from people, who's greatest contribution to this thread is "toilet humor",bashing him in here.
To pull all of this together, you will only know about this stock, what you care to know about it. You can't sit around waiting for the company to tell you everything about this stock. They are involved in a tremendous, complex legal and financial battle. They cannot release information until the time is appropriate. If you want it, you have to go get it yourself. Many of us have, and have a clear picture of where this company is going. Some call us the "faithful", some call us "Kool Aid" drinkers, others have some unrepeatable names for us. But at least we are "informed".
Of course, all of this is in my humble opinion and should not be used for basing financial decisions.
Posted by Upside on :
Posts: 118 Registered: 28-10-2004 Member Is Offline
posted on 17-3-2005 at 05:07 PM
FOUR "ANDY TALKS" FROM TODAY in one post.
FOUR "ANDY TALKS" FROM TODAY in one post.
Feel better after talking to Andy (gusjarvis) Mar. 17/05
gusjarvis Diamondologist
member is online
Gender: Posts: 291 feel better after talking to Andy « Thread started on: Today at 11:32am »
-------------------------------------------------------------------------------- I don't always agree with management decisions, but I am not privvy to what they know. He said the lawyers were not just going to give out a pr without thinking it through thouroughly. A reactionary pr could have mistakes in it. I will tell ya, this is not a scam for sure and Andy said they were ready to go to war. I really think that has been true for a long time it is just down to the final battle and I like our chances. My belief in this company has never changed and I may not agree with all management decisions and wording in some prs, but this company is not a scam and they are trying to do the right thing for the company and for the shareholders, I also feel we do have serious leverage over the SEC and they are the ones trying to find a way out of the mess they are in, that is what is dragging this out so long. Anyone selling at .0001 will regret it.
this war is really with the SEC and the DTC to force them to do something. They are just as corrupt as any hedge fund and have had no rules for years when it comes to dealing with the pinks. We have the right people to get things done and they are not here by accident.
he said, "go to war". Anyone following this stock closely and believes in the company knows we have been fighting to stay alive for years, I think it has finally come down to the final stand us against the SEC and the evidence points to us have leverage over them with the NSS issue and valuation.
The SEC in corrupt and protects those who are illegally naked shorting. The evidence for this is everywhere, even slowly making its way to the highest levels of government.
IMO - bluediamonds
on Today at 12:56pm, hermannmaier0 wrote:... a war seems to be coming. Look around and see the mounting public evidence of NSS and its squashing effects to companies. Wes Christian, Dave Patch, and peope like Senator Bennett are digging up dirt and it stinks. It all points that the SEC has knowingly failed to keep our securities industry fair to investors. If their regulatory scrutiny proves to err for the side of a corrupt industry and not the investor...... I think its started. Mean pissed-off cat is out of the bag. IMO
Good comments, but this war has been ongoing for some time -- only now some people (even in high places) are just beginning to realize it exists.
bluediamonds
bluediamonds, I am sure we have been going over this with the SEC for months or longer. We will be the case they all point to one day and that is not a place for the weak of heart, that's why we have Bob. It is just a little more difficult of a task than Urban thought from when he first found out he hit it and would win.
Posts: 24 FWIW Zen post by Tim71 « Thread started on: Today at 1:56pm »
-------------------------------------------------------------------------------- Posted by: Tim71 In reply to: zeninvestor32 who wrote msg# 36210 Date:3/17/2005 3:57:35 PM Post #of 36216
FWIW...Zen
Posted by: Tim71 In reply to: ddfridd_007 who wrote msg# 13315 Date:3/17/2005 1:19:39 PM Post #of 13348
Dave, CMKX: just got off the phone with Andrew Hill. He says everything is fine. The attorneys are working on a PR to let us know what's going on as much as possible, may see it in a day or two. Roger is no longer with CMKX, his job was done. Mr. Maheu is in control and making things happen. He also says about the filing not making the 60 day deadline, that this SEC judge thing has given them the extra days they needed. He says not to worry or pay attention to the bashers that they are doing the job they are paid to do. Said several times that the share holders will be fine. He was not allowed to speak of current drilling or samples.
So good luck to us all!
Tim
Do unto others as you would have them do unto you!
Joined: 08 Jun 2004 Posts: 2025 Location: Bardonia, NY
Repost..............Siggy
By: mahastock1 17 Mar 2005, 11:44 AM EST Msg. 176521 of 176654 Jump to msg. # FYI: Look for PR today regarding SEC proceeding put out last night. Andy said hang in there. We will be moving on to better and greater things.Spoke to him 5 minutes ago. Take care.
Naked Short Selling Exposed (SEC & DTC Complicit?)
Evil on the Street (RSS)
All things evil. Corporate malfeasance, dirty dealings, lawyers, and more!
Naked Short Selling Exposed
posted Saturday, March 12, 2005 12:12 PM by Mario
When a stock is sold short, an investor borrows shares of the company that will be returned at a later date. An illegal practice that has received little media attention is that on naked short selling. In these instances, the short investors do not borrow shares of the company; instead they sell shares of the company which do not even exist. So a company with a 7 million share float and 1 million shares that have been sold short in this manner would now effectively have an 8 million share float even though only 7 million shares actually exist. Normally this behaviour is difficult to detect because each stock has thousands and thousands of investors. Microcap Global Links (GLKCE), however, provides a lucid view of the effects of naked short selling.
On February 28, Robert C. Simpson disclosed in a filing with the SEC (at http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=3299823%29 ) that he had acquired 1,158,209 shares of the company, an amount equal to 100% of the common stock of Global Links. Yes, that is correct, Mr. Simpson effectively owned the company. To make matters more interesting, Simpson then requested that his broker deliver the share certificates to him, which they did. Over the following 2-day period, Global Links proceeded to trade over 50 million shares -- but how could any of these shares possibly trade if Simpson owned the company and all of the shares were under his mattress?
Furthermore, nine days later on March 9, Paul J. Flotto disclosed in another filing with the SEC (at http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=3321340 ) that he had also acquired a significant stake in the company -- 180,000 shares, or 15.5% of the company. The filing goes on to state:
On March 4 and 7, I purchased a total of 180,000 shares, resulting in my obtaining 15.54% ownership of a stock reportedly already 100% owned by another investor. I assume that there may be additional investors who may also claim ownership of common shares of this company. ...
I understand that Reg. SHO was supposed to detect and prevent the fabrication of millions of nonexistent shares. It would appear that my securities purchases prove that Reg. SHO has been systematically violated by market-making brokers and securities-clearing firms. From time to time I may continue to purchase additional securities on the open market to increase my ownership interest to up to 100% of the company's common stock to give me an ownership interest equal to that of the current 100% owner.
It's clear that a big mess has been made with several investors holding a combined claim to over 100% of the company. There is a problem in the system and the SEC is going to have to do something to prevent a similar event from happening in the future, perhaps on a grander scale. The question I have, however, is: how will the SEC undo this specific mess that has already been created? It will be interesting to watch the developments as this debacle continues to unfold. (via SensoryOverflow)
quote:Originally posted by Dustoff101: Ole screw-ball was a race horse, and I wish he was mine, he never drank water, he only drank ..[cool-aid] whoops I mean wine....This stock is going to drive somebody nut's....What on earth is next....
horse? dusty, I'm starting to be more impressed with you every day. Posted by dwman on :
quote:Originally posted by dwman:
quote:Originally posted by Dustoff101: Ole screw-ball was a race horse, and I wish he was mine, he never drank water, he only drank ..[cool-aid] whoops I mean wine....This stock is going to drive somebody nut's....What on earth is next....
horse? dusty, I'm starting to be more impressed with you every day.
Dusty, perhaps what is next in heaven will determine what on earth is next. Just a thought.
Posted by dwman on :
OOOPs the above should have been a response to the quote by dustoff101
Posted by dwman on :
Where on earth is my friend wallace?
Posted by boised on :
Warning ignore leagleagle/noahtl... nothing he has posted in the past year has come true.
KTHNX
Posted by dwman on :
Boised, forgive me sir (and I say sir because I have grown to like you ) but do we really want to judge people by their predictions being true? I sure hope not because in another life I was a weatherman. I like legal.
Posted by dwman on :
Shouldn't we start a new thread called "cmkx resumed and headed for dsa moon?" Posted by Dustoff101 on :
dwman...a little horse sense could'nt hurt a thing around here......As far as Wallace he is avoiding us or he is off to eat at his favorite 5 Star resturant!!!
Posted by Dustoff101 on :
..[ Quote by dwman ]..Boised,for me sir [and I say that sir becouse I have grown to like you.] but do we really want to judge people by their predictions being true?]
Ya, Boised can kinda grow on a person.Must be his fire breathing style.
Posted by legaleagle on :
quote:Originally posted by boised: Warning ignore leagleagle/noahtl... nothing he has posted in the past year has come true.
KTHNX
Well wait a minute boised, didn't I predict you would keep coming back under different aliases?
Posted by Wallace#1 on :
legal,
I have tried to remain silent lately in view of recent events and the probable demise of CMKX. However some of your most recent posts demand response.
legal: You ask about Debi. I remember WWJDthrume. She is a good and decent Christian woman, and a professional investor. She tried to bring DD and reasoned opinion to this board, but how long do you think a lady of that stature could stand to wallow in the muck and inanity that this board has become?
Wallace: Don't give me that crap about remembering Debi (aka.WWJDThruMe). We all know you post on CT as noahltl (as you once did here). It makes you appear to be a complete fool. Further, as far as I am concerned, Debi has a hell of a lot to learn about being "decent" and being a "Christian". She participated in attacks (incl attacks at me) just as much as anyone which was mighty "Christian" of her. You did your share in a different manner....much more subtle.
legal: Most long time investors will advise you not to "fall in love" with a stock. And what they mean is: Don't become emotional about a stock." That applies to the emotion of hate as well. And that is what I see being demonstrated most here. Hatred of the stock, hatred of the management, and hatred of anyone who doesn't feel the same way you do about this stock.
Wallace: Where were you opening your big mouth about "hate" back when you faithful were attacking me and others? What did you do to stop it or even tone it down? Mighty Christian and friendly of you! I don't see hatred of people (as opposed to dislike of their treatment), but I do see hatred of a stock, a company and it's mismanagement.
legal: It is your sty, wallow if you chose.
Wallace: How is anyone supposed to take that as an intelligent comment....or even a response that is unbiased or "balanced"? As far as I know, only pigs have a "sty" in which they "wallow". Therefore, you are calling someone a PIG! Mighty Christian of you. And that is precisely the kind of subtle statement you seem prone to make. Then are able to say, "I didn't say that!".
legal: I hit many of the boards in doing research and DD and you all have to be very proud of hijacking this one. It is the only one I can find where this kind of behavior is tolerated by management. You feed off each other and seek approval from one another by how grossly, or how despicably, you can demean CMKX, Urban, Roger Glenn, and any poster who might dare to try to bring anything but your brand of garbage to this thread.
Wallace: I remember thr reference to "hijacking" as being started by Debi. Management of this board also tolerated you and your faithful bunch. To me, that seems to have been quite fair. However, when some of the faithful and their pawns got carried too far, they were justifiably banned.
Obviously, you do not remember the faithful vultures feeding off one another in the past with such comments as "great post", basher, scum, etc....not to mention some of the other more insulting and/or obscene comments.
You faithful had Roger Glenn accomplishing things of which even he hadn't dreamed or thought. Only to build up your own selves and the decisions you made to purchase CMKX. You had him walking on water, he accomplished absolutely NOTHING, and you are still defending him. That can only be due to the fact that you expected so much from him and so stated.
legal: You have accused many of us of trying to get other people involved in CMKX, apparently to drive the PPS up. Perhaps you haven't noticed that the PPS hasn't risen in months, but yet I am still here trying to bring balance, as any attempt to drive the price up would be futile, if I were so inclined.
Wallace: Whether you meant to or not, I bet your posts and posts of other faithfuls did draw novices in to purchase CMKX....and now they have losses they should not have. Why don't you ask others posting or following this thread how many you and others did draw into buying CMKX? Debi likes to run polls, if you are unwilling to admit the possibilities, maybe she will be "Christian" enough to run a poll as she did with me and as others (your friend JBCak, for one) did.
"Balance" is one thing. Pig-headness is another. What you are calling "balance" is biased information. I have mentioned "balance" before, and the scales are, by far, to the negative side as it pertains to CMKX and UC.
Wallace: I wonder just how much of the following decision to buy CMKX was based upon your posts and those of other faithfuls: "i just saw where someone has lost 35k on cmkx." If you cannot start a poll as suggested above, legal, why not just ask that person?
legal: Why were CIM shares divied to the shareholders in the first place over a year ago, and then once again last year?
Wallace: Obvious!! Another lure cast! And many suckers bit.
legal: Roger Glenn was trying to work this thing out behind the scenes with negotiations.
Wallace: I have asked you this before, "Are you privy to what is going on behind the scenes."? We all know he accomplished nothing. Of course, he did make money for himself and his law firm.
legal: Does anyone yet know the true valuation of our claims in Canada? NO. And we won't release that kind of information into this kind of share structure. That would be ridiculous. That is why our claims are being held in several entities' names, like Sask Limited and others that have been named in PRs. The claims can as easily be moved into CIM as they can into CMKX.
Wallace: Seems to me someone like UC stated that info in the past. Of course, that was determined by UC and not by some disinterested entity.
And what is with the use of the "royal we"? Are you an insider? If that is the case, then all on this thread should very assuredly ignore your posts!
It does not matter who owns the claims (CIM or CMKX). In all probablity, they are worthless. Neither Shore Gold nor DeBeers have found anything commercially worthwhile in the same area.
legal: Many of us have, and have a clear picture of where this company is going. Some call us the "faithful", some call us "Kool Aid" drinkers, others have some unrepeatable names for us. But at least we are "informed".
Wallace: What you are calling "informed" appears to be biased and distorted. And all those people (spies, bartenders, etc) you stated are part of your group and passing on information must be somewhat like those that gave us the results we got about WMD in Iraq.
legal: Of course, all of this is in my humble opinion and should not be used for basing financial decisions.
Wallace: That should be made as a demand!
You mention things that allude to a "Master Plan". There is no such thing!!! UC appears to plan by the seat of his filthy pants.
Posted by bill1352 on :
naked shorting is a real problem. it has hurt a serious number of companies & is killing more every day. it has stolen billions of investor $'s. but increasing the o/s to 703 billion doesn't fix the problem. it makes it worse. i have no dought cmkx has billions of naked shares but by dumping 703 billion real shares into the mix you kill the number that can be naked. as for UC buying shares..prove it. that was the party line when a pr came out saying he didn't own any shares thus he got no divys. i'll even go so far as to say a lot of what the cult says may be true but 703 billion means 1 of 2 things. the pps will never move or an r/s of a huge size is coming. even if rolled into CIM its a huge r/s. now maybe those with 100 or more million shares will end up ok but how many of them are there? 10 - 20 million will be 10 or 20, maybe 100 or 200 shares. all that depends on getting past the SEC.
Posted by Wallace#1 on :
quote:Originally posted by Dustoff101: dwman...a little horse sense could'nt hurt a thing around here......As far as Wallace he is avoiding us or he is off to eat at his favorite 5 Star resturant!!!
Dusty,
You spoke too soon!! Hope you are still in that foxhole too. Haven't forgotten that one either! LOL
Posted by ed19363 on :
quote:Originally posted by Upside: Ok, lets discuss the NSS situation. I would like to hear the evidence for it. All I hear is rumor and inuendo that they're naked shorted to the tune of a trillion shares. Can anyone come on here and lay out a logical case for it? I'd sure like to hear it!
Okay, maybe I'm stupid or something, but if this "naked shorting" is illegal, why would a company like CMKX not come out and say "Hey, they're naked shorting the crap out of us. How about some legal help." This would accomplish a lot toward keeping the shareholders informed, and getting the powers that be to have a look into the situation. Why does everything have to be a mystery and solved by shareholders. That's what causes all the arguing about whether the company can survive or not. And the name-calling, too. Cripes, come out and tell us what's going on. Maybe, just maybe, there is a shareholder or two out there with the connections to get something done about it. IMO, not too many people would bail out if they knew something was being done. It's the silence and lack of news that bugs most of us.
Posted by Upside on :
Because those that believe in it say that it's so massive that if exposed it would pretty much crumble the market as we know it. So a back door deal is being cut between CMKX, the SEC, the DTC, MM's and probably some others that I'm leaving out.
Posted by ed19363 on :
Upside, IMO that is not the way to attack the problem. Back door deals will allow the same illegal tactics to continue. The only way to beat a problem is to attack it head on. Maybe if a company tried that approach, the naked shorting would stop.
Posted by Upside on :
I agree with you Ed, the problem is that in my opinion the short position does not exist. I just cannot fathom a .0001 stock that does not appear to be doing any business at all can bring about the demise of the U.S. markets. It's just not real. There was no reason to short it anyway. There was an endless supply of shares hitting the market every day that would have generated great profits for the market makers. Why short it? That's biting the hand that feeds you.
Posted by Highwaychild on :
Alot of stocks on the SHO list have a "Q" at the end of their symbols.Looks like hands get bit all the time.
[ March 17, 2005, 22:22: Message edited by: Highwaychild ]
Posted by Ric on :
I have another problem with the NSS theory. I know it is a problem in general but this stock diluted shares so badly, were was there room for naked shorting. Sure, I can see that they may short some a day the volume was heavy but when it was a slow day and they had to get rid of those extra UC shares then they would covered it. But to say a .0001 stock that diluted up to a billion shares or more a day could possibly have a NSS problem is quiet funny to me.
Ric
quote:Originally posted by Upside: I agree with you Ed, the problem is that in my opinion the short position does not exist. I just cannot fathom a .0001 stock that does not appear to be doing any business at all can bring about the demise of the U.S. markets. It's just not real. There was no reason to short it anyway. There was an endless supply of shares hitting the market every day that would have generated great profits for the market makers. Why short it? That's biting the hand that feeds you.
Posted by Highwaychild on :
It is kind of funny,isn't it Ric?As Bill said the other day, it makes you want to laugh and puke at the same time.LOL!
Posted by Dustoff101 on :
..OK ,here's a new theory. We are at War with terrorism. One of our weak points is our financial markets, is it possible they could attack us in a way like NSS to de-stablize our Markets?
Some of these Offshore Hedge-Funds would be a means to attack us by messing around with our Markets. As far as CMKX goes hell let um have at it. This stock might drive some of them even crazier than they allready are.
sometimes I feel like an ant under a cattle stampede.
Posted by Ric on :
"As far as CMKX goes hell let um have at it. This stock might drive some of them even crazier than they allready are."
lol, at least half as much more then it made us.
Posted by bill1352 on :
cmkx naked shorted to huge amount is ridiculous. there are a number of companies that are doing something about it. that new york judge is finally stepping to the plate & calling for all the info. it may take another yr or two but the end is coming. legel says i'm wrong in thinking the CIM divy wasn't cut in half. that UC gave the naked shorted shares the divy too, thus the split looking like it was a 1.5 trillion o/s. well since CIM is private there is no need to say how many shares ended up in the divy. the other 2 came from reporting public companies. they had to declare those numbers. add that to the fact that 696 billion shares have been dumped into the market over the 20 months between the last filing by cmkx & the divy dates, the numbers say its not possible. remember USCA paid cash & got no cmkx shares, SGGM paid cash & no cmkx shares. nevada minerals shares were bought back. cmkx paid cash for the gemm shares. the only reasonable place a huge number of shares could have went is to RG & those are on the market without question. no lawyer paid in shares holds them. thus those almost 700 billion shares went straight to mm's. why would UC dump almost 700 billion shares on the market in 20 months only to buy them back in the next 6 months, to trap mm's??? what i find hard to believe is that there is a drug out there strong enough to get ppl to bet the farm on that. & i thought the clowns that killed themselves at Y2K because they believed they had to be dead for the space aliens to pick them up were nuts.
Posted by Dustoff101 on :
To all on this board.....I made a statement a couple of posts back about terrorism connected to the NSS problem...After further reflection on my statement I believe this could indeed be happening.
These maniac *******s have attacked us allready.
I made a joke [quote,this stock CMKX might drive some of them crazier than they allready are.]
Well..I posted that comment to fast. I never should have mentioned those monsters in a light hearted way. I am sorry..Anyone who is affended by my comment...I understand..Thankyou.
Posted by legaleagle on :
Repost from the board we are not allowed to mention.
scottbro2 Diamond Hunter
member is offline
Gender: Posts: 2 Re: Theory import thread. « Reply #3 on: Mar 17th, 2005, 05:11am »
-------------------------------------------------------------------------------- Long time Lurker with a hair brained theory about our pending administrative court case. Anyone, please comment: Sterling's little (well, not so little actually) post today has me thinking and I am reminded of two concepts I have taken away from the dividends from the fall timeframe.
1. Cmkx used different sources for the dividend ratios. For the USCA div. they used the OS # from the TA. - 779B theoretical OS. For the CIM Div they handed the shares to the DTC and said "you figure it out" - DTC came up with the information they keep track of and used the "transacted" # of shares to get a theoretical OS of 1.5Trillion. The disparity proved to me the existence of the NSS and I still believe the 1.1trillion NSS exist today.
I always thought the Div move was a work of genius because this maneuver allowed CMKX to have the DTC out themselves to the naked short position rather than CMKX crying and yelling "naked shorter!" like all the other companies out there. It seems to me key to RG's legal strategy was to have the DTC prove the short rather than keeping the burden of proof on CMKX. Problem is, getting the SEC to do ANYTHING on the NSS issue. If I was litigating the argument, I would not want to be the one to have to prove the naked short position, the SEC would kill you. It’s a better strategy to put the information out to the world and have us come up with “hey look at all the naked shorts in cmkx – no wonder its trading at .0001”. Div move was a piece of the puzzle.
2. This leads me to the latest SEC stunt. – So we are going to have an independent Judge review the information and make a judgment whether or not cmkx should be delisted for filing irregularities. Hmmm, don’t think that is the plan. Independent Judge is going to look at the Div. ratios, and the AS, OS, float in addition to Urban’s actions and say – Is there a problem here like the MM and SEC are saying? THIS COULD BE A GREAT THING!!! We don’t have to prove the short! It’s all there I plain view AND the Burden of proof is not on CMKX anymore. That is a strong argument strategy. Just make sure you have your sht together for the Judicial review and you better make sure your strategy doesn't get out to the other side before you make you point. (could be what RG was there for?) Side note to answer the dilution question: If I was Urban and I knew I would eventually own the float, I would have sold 300B shares to my closest friends – I would have even advertised it to the world “got cmkx?” "You all are going to love me next year" If this comes out the way I expect, It doesn’t matter if UC diluted the share structure. We’d all be long gone if we knew what he was doing but in the end it won’t hurt us. Zero float = Zero float - it doesn’t matter if the OS is 703B or 10 – it all comes out the same. Once the SEC has to act, a forced buy in of 1Trillion shares will cause a major spike.
So the Theory: Judicial review was in the master plan the whole time – they were expecting to fail on the 60 day rule – It didn’t happen in Aug. because they didn’t have their reporting act together. RG finished the deals and the valuation to support the stock price they are going to give the judicial review, locked up his argument, and prepared the case evidence – at that point they filed the form 15 and waited. Now here we are waiting for the independent judge to make his/her own determination of what the facts are. Nice.
Posted by dwman on :
quote:Originally posted by Dustoff101: To all on this board.....I made a statement a couple of posts back about terrorism connected to the NSS problem...After further reflection on my statement I believe this could indeed be happening.
These maniac *******s have attacked us allready.
I made a joke [quote,this stock CMKX might drive some of them crazier than they allready are.]
Well..I posted that comment to fast. I never should have mentioned those monsters in a light hearted way. I am sorry..Anyone who is affended by my comment...I understand..Thankyou.
I see no reason to be offended.
Posted by Wallace#1 on :
Nor I, Dusty! Just get back in your foxhole and keep your head down! LOL
Posted by dwman on :
LOL
Posted by Doctoall on :
Tqn what do you mean CMKX thread is not on the first page of Allstocks, this is a hot stock "not" Posted by vman on :
I have made my final move in CMKX. I can only lose a commission or two now. I have sold enough shares to basically break even and am holding 2.5m free shares and free divys. I am comfortable with this. If any of these crazy theories come true, I should be plenty happy with my holdings. If we get delisted I just lose potential profits. Big sigh.....I am relieved
Posted by Doctoall on :
quote:Originally posted by vman: I have made my final move in CMKX. I can only lose a commission or two now. I have sold enough shares to basically break even and am holding 2.5m free shares and free divys. I am comfortable with this. If any of these crazy theories come true, I should be plenty happy with my holdings. If we get delisted I just lose potential profits. Big sigh.....I am relieved
Vman: I am in the same position here, I bought "all" my shares at 0.0001 way back when. I have reduced my position at 0.0009 and what I now have are free shares with free divys. Nothing left to loose here, and who knows maybe lots to gain. In any case I also am not worried Posted by Dustoff101 on :
Well,,here's a new rumor..Guest's'[ they don't call them patient's anymore ] at a Funny Farm, grew tired of their puzzel's...One guest had successfully completed a puzzel named,,Snow White without the seven Dwarfs. The puzzel has 1,000,000 piece's..
Well,,one of the shrink's [ their called Tour Guide's now ] is a stockholder in CMKX and he decided to give the inmate's [ oops I mean quest's ]..all the information from all the thread's on Allstocks...He thought Ah Ha if anybody can figure out CMKX ,the quest's surely will!
Well,,the quest's came up with the most convaluted intricate theory's ever imagined.The Doctor studied these with absolute DD...After giving their idea's much thought he decided to send them all back to their room's [ cells ] except one..this particular quest told the Doc that CMKX was just plain Nut's and their was no way to solve the puzzle....The Doc sent this man home...
Posted by Doctoall on :
quote:Originally posted by Dustoff101: Well,,here's a new rumor..Guest's'[ they don't call them patient's anymore ] at a Funny Farm, grew tired of their puzzel's...One guest had successfully completed a puzzel named,,Snow White without the seven Dwarfs. The puzzel has 1,000,000 piece's..
Well,,one of the shrink's [ their called Tour Guide's now ] is a stockholder in CMKX and he decided to give the inmate's [ oops I mean quest's ]..all the information from all the thread's on Allstocks...He thought Ah Ha if anybody can figure out CMKX ,the quest's surely will!
Well,,the quest's came up with the most convaluted intricate theory's ever imagined.The Doctor studied these with absolute DD...After giving their idea's much thought he decided to send them all back to their room's [ cells ] except one..this particular quest told the Doc that CMKX was just plain Nut's and their was no way to solve the puzzle....The Doc sent this man home...
Sounds like one smart "Doc" Posted by legaleagle on :
quote:Originally posted by ed19363:
quote:Originally posted by Upside: Ok, lets discuss the NSS situation. I would like to hear the evidence for it. All I hear is rumor and inuendo that they're naked shorted to the tune of a trillion shares. Can anyone come on here and lay out a logical case for it? I'd sure like to hear it!
Okay, maybe I'm stupid or something, but if this "naked shorting" is illegal, why would a company like CMKX not come out and say "Hey, they're naked shorting the crap out of us. How about some legal help." This would accomplish a lot toward keeping the shareholders informed, and getting the powers that be to have a look into the situation. Why does everything have to be a mystery and solved by shareholders. That's what causes all the arguing about whether the company can survive or not. And the name-calling, too. Cripes, come out and tell us what's going on. Maybe, just maybe, there is a shareholder or two out there with the connections to get something done about it. IMO, not too many people would bail out if they knew something was being done. It's the silence and lack of news that bugs most of us.
ed, I think Urban did ask for help as far back as the 1/7/2003 PR. So he has been trying to combat the naked shorters for over two years now.
"Third, CMKI has been informed that majority shareholders plan on holding their shares in certificate form indefinitely if it helps the Company combat "naked short selling". Under a naked short sale, short positions are not declared, shares are not borrowed to cover the short sale, and the shares are sold without delivering the stock to the purchaser. Real shareholder ownership is undermined by naked short sales of stock and failed deliveries of real certificates that artificially inflate ownership and devalue the price of the securities."
Posted by stockcrazy on :
Serious question....why is the volume so high today?
Posted by boised on :
even more dilution... scary that people would still buy more. LOL
Posted by TruthTeller on :
Can't belive there are still many prople buying millinons of CMKX. Abt 14B in 2 days.
Posted by Ric on :
=DJ SEC Takes Action Against CMKM, Deregistration Possible
NEW YORK (Dow Jones)--The Securities and Exchange Commission has begun administrative proceedings against CMKM Diamonds Inc. (CMKX).
The SEC said in an order on March 16 that CMKM Diamonds is delinquent in its financial filings requirement and that the regulator took action against the company to protect investors.
The Commission said it will set a public hearing before an administrative law judge to determine whether CMKM Diamonds' registration "should be suspended for a period not exceeding 12 months, or revoked." No hearing date has been set but under SEC rules of practice, an initial decision must be issued by the administrative law judge within 120 days of the order instituting the proceedings.
Earlier this month, the SEC temporarily suspended trading in the stock of CMKM Diamonds because of questions about the "adequacy of publicly available information concerning, among other things, CMKM Diamonds' assets and liabilities, mining and other business activities, share structure and stock issuances, and corporate management." Trading resumed on March 17.
This tiny diamond mining company has been trading on the unregulated Pink Sheets market and has not made any regulatory disclosure since late 2002. Billions of shares of CMKM Diamonds routinely change hands each day and its elusive number of outstanding shares had been the topic of much speculation until recently when the company said it had some 703.5 billion shares issued and outstanding.
CMKM Diamonds shares were recently trading at $0.0002, up 100%, on volume of more than 1.1 billion shares.
In its release announcing the temporary trading halt of CMKM Diamonds' stock, the SEC said it "is concerned that CMKM Diamonds may have unjustifiably relied on a Form S-8 to issue unrestricted securities." The SEC said it is "also concerned that CMKM Diamonds and/or certain of its shareholders may have unjustifiably relied on Rule 144(k) of the Securities Act of 1933 ("Securities Act") in conducting an unlawful distribution of its securities that failed to comply with the resale restrictions of Rules 144 and 145 of the Securities Act."
CMKM Diamonds has said it is in the process of reinstating its reporting status.
Canadian securities regulators are also targeting the company. Last November, regulators in the province of Saskatchewan issued an order enjoining CMKM Diamonds president and large shareholder Urban Casavant, and two others from selling CMKM Diamonds shares without proper registration. That order, issued by the Saskatchewan Financial Services Commission, was originally scheduled to expire Nov. 9 but was extended until the commission receives "satisfactory information."
CMKM Diamonds has been the subject of several Dow Jones "In The Money" columns which highlighted its huge daily trading volume and the lack of information surrounding the company and its mineral claims.
-By Carol S. Remond; Dow Jones Newswires; 201 938 2074; carol.remond@dowjones.com
(END) Dow Jones Newswires
03-18-05 1203ET
Posted by dwman on :
Just heard something interesting in Sterlings room. Apparently out of market trading took place and a very large block spiked the volume weighted average price to $.48. The ex market maker thinks something behind the scenes is going on that is related to the whole nss and possible buy-out. Just what I heard. In my opinion, I have no opinion.
Posted by Ric on :
They are a bunch of morons in there that has made up more theories then ever made about JFK. All they ever do is make up rumors that can't be proved and try and convince the faithful its true. And Sterling IMO should be put in jail for helping this happen. If hes not a paid pumper ther isn't any. I would not believe there was a lighting storm if they said so unti I was actually struck by it.
Posted by Upside on :
originally posted by dwman:
quote:In my opinion, I have no opinion.
But isn't that really saying you have an opinion? Sort of like choosing not to make a choice?
Posted by bill1352 on :
& the theories keep coming. new & improved at that. UC buying the entire float. UC giving a divy to the DTC & saying you pass it out explaing the differance. before you know it UC will be buying FED EX to ship cash & diamonds to all shareholders. yet no mention of the fact that 2 regulatory bodies say UC was selling shares...SELLING!!! , not BUYING!!! illegally. no mention of how the dilution started when reporting. how in 9 months the o/s went from 500 million to 7.5 billion. those with free shares good going. i'd hold too if i had a bunch of free shares. why not. you can only sell at .0001. there might be a few that get thru at .0002 on the sell but i'm guessing not many if any. why would the mm's hurt cmkx, they buy at .0001 & sell at .0002. they get 100% profit on billions of shares a day. & who knows, cmkx might run to .0003 1 day
Posted by dwman on :
quote:Originally posted by Upside: originally posted by dwman:
quote:In my opinion, I have no opinion.
But isn't that really saying you have an opinion? Sort of like choosing not to make a choice?
No because that was not a double negative. Posted by Upside on :
Bill, you're going to have a heart attack.
Posted by Upside on :
originally posted by dwman:
quote:No because that was not a double negative.
True, but, your statement could be rewritten, "I'm of the opinion that I have no opinion" thereby stating that you do in fact have an opinion. At least in my opinion anyway.
Posted by dwman on :
quote:Originally posted by Ric: They are a bunch of morons in there that has made up more theories then ever made about JFK. All they ever do is make up rumors that can't be proved and try and convince the faithful its true. And Sterling IMO should be put in jail for helping this happen. If hes not a paid pumper ther isn't any. I would not believe there was a lighting storm if they said so unti I was actually struck by it.
Well, the spike to .48 vwap should be easy to discover if you have the right tools. I don't have.
Posted by dwman on :
quote:Originally posted by Upside: originally posted by dwman:
quote:No because that was not a double negative.
True, but, your statement could be rewritten, "I'm of the opinion that I have no opinion" thereby stating that you do in fact have an opinion. At least in my opinion anyway.
Man Upside.... I see what you mean. That would be true either way it is said. Wow! I didn't know you were that good with logic. Posted by Upside on :
I'm not. I just got lucky.
Posted by bill1352 on :
UP...no heart attack..lol just completely bewildered. its like watching a train wreck in slow motion. you know & don't like how ppl will get hurt but you can't turn away...lol i think it would be easier to convince Osama that the USA was his buddy & friend then get the cult to see reality.
Posted by Upside on :
originally posted by bill1352:
quote:its like watching a train wreck in slow motion.
Now that is a great analogy. LOL!
Posted by bill1352 on :
DW if that .48 is true get the EMS because Will is going to need them...lol as will a few others in here including me.
Posted by Ric on :
The sad thing about these people on Sterling board is that they have drank the koolaid so long if UC came out tonight and said I scammed you all you better sell before they shut us down. They would say that he was telling us this so we would sell him our shares back cheap so he could take it private. Or has that already happened. Not sure with these Jim Jones followers theories.
Posted by dwman on :
Well, bill, what is will going to do when this thing hits $40 per share by Friday of next week? LOL J/K (got to let him know I am joking because he thinks I am among the faithful and I don't want to provoke the cardiac arrest. I'd hate to lose will. Posted by TruthTeller on :
$0.48?? Ex market maker?? What happened to that ex basher who said we will have a tender offer 2 weeks ago?? The guy's name is Allen Traffeery or something and he is a lawyer?? dwman, no offence to you by the way.
quote:Originally posted by dwman: Just heard something interesting in Sterlings room. Apparently out of market trading took place and a very large block spiked the volume weighted average price to $.48. The ex market maker thinks something behind the scenes is going on that is related to the whole nss and possible buy-out. Just what I heard. In my opinion, I have no opinion.
Posted by bill1352 on :
well DW it might not be that big a loss...lol j/k maybe. ya know the truth is as strongly as i know cmkx is cooked there is that "what if" roaming around in my head. i attribute it to the many yrs of my youth i spend doing heavy drugs...lol
Posted by Upside on :
Don't worry about it will. I already told you I'd share the wealth. You're in my will, will!
Posted by bill1352 on :
see another reason we know cmkx is cooked Upside owns it...now if he ever sells folks...thats the time to buy...lol
Posted by Upside on :
Seriously though, if this ever were to hit and I still had my shares, I'd make sure that Will never had to worry about buying another sundress ever again. He'd have a new one every day for the rest of his life. I'd even get him some extra purty ones for Sundays, he'd like that.
Posted by will on :
forty-eight cents! Would that mean that CMKX would be worth $337,440,000,000?
I don't even know what to say to anything so silly.
If that did happen UpMan I would go to the hospital in a sundress complaining of chest pains. Not to worry, cigarettes will kill me long before a .48 PPS for CMKX will. I think I'd have seriuos angina if it hit .0003.
SHHHHH.....do you hear it, keys rattling and a lock snapping closed on CMKX office door. Of course you can't, their offices are in Urban's basement.
GOD! Don't get me started. I sold my measly 1.5M shares at .0001, for about a $200 loss. I bet there's a whole bunch of decent folks of high moral stature out there that wish they could say they got took for ONLY $200.
Where do they get the idea that SEC is playing games with this company. 703B O/S! They are going to make an example of CMKX. That's the only thing that will be cleaned up here, the breaking of the priniting presses. Naked shorts do not exist, just SUPER DILUTION, SUPER DECEPTION, and OUT AND OUT FALSEHOODS, supported, fanned, and perpetuated by rumor, inuendo, fantastic theories, by the faithful, led by these infamous mutts that churn this crap out. These guys, like Sterling and the bunch are wasting their time playing penny stocks. They should be wroiting SCI-FI novels
Of course, this all my opinion, and any financial decision should not be made based on my opinion, but if you dare buy this POS, you are subject to ridicule, or lock up in an asylum.
Posted by boised on :
quote:Originally posted by Upside: Don't worry about it will. I already told you I'd share the wealth. You're in my will, will!
LOL Hey what about me?
Posted by dwman on :
quote:Originally posted by will: forty-eight cents! Would that mean that CMKX would be worth $337,440,000,000?
I don't even know what to say to anything so silly.
Silly? Silly? Will, are you telling me that you don't know that just your run-of-the-mill Texan keeps that much in change laying around the house. Ask Dustoff101.
Posted by Dustoff101 on :
dwman...I am staying low in my Fox hole...Somebody has gone and left the gate open again at the CMKX funny car Farm and the guest's are all loose again.
Rumor has it that WALLACE and his dog have been hired to round um up and put um back!!!
Posted by dwman on :
Will, take some nitro tablets. I know how much you love and depend on posts found on RagingBull so here goes. lol
CMKX NEWS FROM OUR FRIEND DIAMONDFEVER..
JUST FOUND OUT THIS GREAT NEWS ABOUT CMKM.
TALKED WITH A FRIEND THIS EVENING THAT IS AFFILIATED WITH SHORE GOLD COMPANY. HE SAID CASAVANT HAS ALREADY RECEIVED PRIVATE FINANCING FOR DRILLING AND SETTING UP NEW ADDITIONAL TARGET POINTS BESIDES THE ONES REPORTING. FROM WHAT I HEAR, THE NEW PARTNER HAS CREDIBLE INFORMATION REGARDING DIAMOND RECOVERY JUST IN THE COMING FEW WEEKS. I REALLY THOUGHT THIS WAS UNBELIEVEABLE WHEN I HEARD NUMBERS OVER $100 MILLION DOLLARS. IM VERY SURPRISED THIS IS HAPPENING BUT ON THE OTHER HAND; THE COMPANY IS SITTING ON THE MOST VALUABLE DIAMOND PROPERTY IN CANADA. BEFORE WE GOT OFF THE PHONE HE STATED SHORE GOLD HAS CONSULTED WITH COMPANY OFFICIALS AT CASAVANT REGARDING THERE SOON TO FIND LARGE DISCOVERY OF HIGH QUALITY DIAMONDS. WHAT SOUNDED EVEN BETTER WAS THAT CASAVANT HAS BEEN BUYING BACK BILLIONS OF SHARES SO WHEN THE REAL NEWS HITS, THIS THING WILL MOVE AND I MEAN MOVE BIG... CONGRATS TO ALL THE LONGS IN THIS THING. I NEVER THOUGHT ANYONE WOULD MAKE IT! NOW IM JUST CURIOUS, HOW HIGH THIS WILL GO. I REALLY DONT HAVE ANY IDEA BUT IM GUESSING AROUND A NICKLE.
THANKS,
DIAMONDFEVER
Posted by dwman on :
quote:Originally posted by Dustoff101: dwman...I am staying low in my Fox hole...Somebody has gone and left the gate open again at the CMKX funny car Farm and the guest's are all loose again.
Rumor has it that WALLACE and his dog have been hired to round um up and put um back!!!
Hey Dusty... are you in the military? I suspect from all the talk of your foxhole, you might be. You are not cashcow are you. If you are in the military, you know we appreciate you. If you are not then we just consider you to be another .... well .... you know .... one of those Texans. LOL
Posted by Wallace#1 on :
NEWS ALERT!!! NEWS ALERT!!!
Rumor has it that UC and CMKX have nothing to worry about! I hear that UC just made a tender offer for the SEC so he can control their PRs too! LOL
Posted by BCmouser on :
I would venture a guess as to what Shore Gold's people would have to say about that." Our lawyers will be contacting the source of that rumor" LOL
Posted by Wallace#1 on :
dwman,
Don't know if you know. Should not mention another board....might get banned. Would have to come back on bended knee, and meanwhile, we would all miss you.
Posted by boised on :
COME ON MAN
I thought we had the goods already now we don't??? But yet we have to now believe more nonsense rumors??? G I V E >>>> IT >>>> A >>>> REST>>>>> COME BACK WHen the pps is .48
Posted by Wallace#1 on :
RE the above post: "WHAT SOUNDED EVEN BETTER WAS THAT CASAVANT HAS BEEN BUYING BACK BILLIONS OF SHARES SO WHEN THE REAL NEWS HITS, THIS THING WILL MOVE AND I MEAN MOVE BIG.."
That would be fantastic news, if true, because then UC would be convicted on the basis of having and buying on inside information. That just happens to be illegal. There's no question about it!!! It would be nice to see him go to jail.
Posted by Wallace#1 on :
dwman,
Do you think Dusty ran across one of the outhouse holes you dug and thinks it's a foxhole? Sometimes I do wonder about him, don't you?
Posted by will on :
These people have gone over the top, they're all insane.
Losing money is a good way to get sober. I figure there will be some sober cult members soon. Probably not, the SEC will shut them down for a year, and these people will be at their game pumping for that entire year. They won't give up until Urban drives that stake through their collective heart.
Posted by Wallace#1 on :
Will,
Nice to see you're alive and your same old self.
I am really happy for you that Upside is making room for you in his will. I noticed he is a BIG SPENDER!!!!
Posted by Dustoff101 on :
dwman....what on Earth is a cashcow??...Ya'll being from Texas ya'll outa know their ain't no money in them range tillers.
Yes, I was in the Army...No I am not texan...Yet!!
Posted by Wallace#1 on :
You're in the Army now. You're in the Army now. You'll never get rich Digging a ditch. You're in the Army now.
You're in the Army now. " You'll never get rich You Son of a B:tch. You're in the Army now.
Posted by bill1352 on :
lets see now... someone's brothers cousins aunts hooker that is connected to shore gold knows that UC is buying back billions of shares??? hmmm...no wait thats not it...his mothers friends transvestite dishwasher at the shore gold mine knows UC has found $100 million in diamonds because he has a new partner??? what happen to never letting the other guy know anything because debeers might find out??? ya know these folks really need to get on 1 story & stick too it
[ March 18, 2005, 21:25: Message edited by: bill1352 ]
Posted by will on :
Jesus! Wallace. I just had a vision of William Bendix marching along in some obscure WW II movie looking miserable singing that song.
quote:Originally posted by Wallace#1: You're in the Army now. You're in the Army now. You'll never get rich Digging a ditch. You're in the Army now.
You're in the Army now. " You'll never get rich You Son of a B:tch. You're in the Army now.
Posted by bill1352 on :
hey Will can i call you & have you tell me how rich we are going to be because of our cmkx shares??? that way i can say it was from someone connected to cmkx & i won't be lying...oh wait, you sold yours...Wallace, i'll call..no you dont have any either..Ric buddy...nope..i know DW my friend..it will be cool..we can post it on boards & everyone will think we know chit they dont... sound like a plan???
Posted by will on :
Don't forget the longs, faithful, cult members, whatever you want to call them, have spies all over, dishwashers, bartenders, garbagemen, mailmen, talking dogs, barking chickens, screaming prarrie dogs. It never stops. They have a spy network that would rival the OSS during WW II. They couldn't spy on a dead goat. I wish this would end. Wonder if they have a spy at the SEC that is going to tell them the SEC ain't f___ing around with them they're dead serious?
quote:Originally posted by bill1352: lets see now... someone's brothers cousins aunts hooker that is connected to shore gold knows that UC is buying back billions of shares??? hmmm...no wait thats not it...his mothers friends tansvestite dishwasher at the shore gold mine knows UC has found $100 million in diamonds because he has a new partner??? what happen to never letting the other guy know anything because debeers might find out??? ya know these folks really need to get on 1 story & stick too it
Posted by Ric on :
And where does he get the money for this. Since they haven't found anything yet. Come on people money, haha. The only place they ever got money was by selling shares. Why sell shares at a discount only to buy them back at market. That makes no sense. At least Q sold ther shares when it was up and bought back low for a profit. They tend to forget to mention the first part but still. CMKX only makes money from selling shares and the 97 billion left right now is probably hitting the market right now so he can have a retirement party.
quote:Originally posted by Wallace#1: RE the above post: "WHAT SOUNDED EVEN BETTER WAS THAT CASAVANT HAS BEEN BUYING BACK BILLIONS OF SHARES SO WHEN THE REAL NEWS HITS, THIS THING WILL MOVE AND I MEAN MOVE BIG.."
That would be fantastic news, if true, because then UC would be convicted on the basis of having and buying on inside information. That just happens to be illegal. There's no question about it!!! It would be nice to see him go to jail.
Posted by will on :
Bill, you try keeping afloat with one straw. They need all the fantasy those mutts can come up with just to get out of bed the next morning. After the denial wears off they'll be depressed, and stay in there pj's all day.
OH! I forgot the dividends. LOL
Posted by Wallace#1 on :
Will,
"Don't forget the longs, faithful, cult members, whatever you want to call them, have spies all over, dishwashers, bartenders, garbagemen, mailmen, talking dogs, barking chickens, screaming prarrie dogs. It never stops. They have a spy network that would rival the OSS during WW II. They couldn't spy on a dead goat. I wish this would end. Wonder if they have a spy at the SEC that is going to tell them the SEC ain't f___ing around with them they're dead serious?"
You damn fool!!! I still cannot stop laughing when I re-read the above. Don't you know laughing causes me problems? LMFAOROTF That was the best one EVER!!!
Posted by Wallace#1 on :
Will,
I'm telling you I am laughing so hard that tears have come to my eyes!!! Had to show your post to my wife and went into a laughing fit all over again while reading it to her.
Posted by will on :
Which? The talking dog? The barking chicken? the screaming prarrie dog? The dead goat?
Well, I have inside information on the talking dog. I sold the talking dog to some fella up in those parts.
I sold him cheap because the SOB lies.
Posted by Wallace#1 on :
DAMN IT!!! STOP!!!
Posted by Doctoall on :
quote:Originally posted by Wallace#1: DAMN IT!!! STOP!!!
What Wallace are those problems back? Posted by Doctoall on :
March 18 2005 Businesswire
Kensington Resources Ltd, Appoints A Chairman Of The Board Of Directors.
Kensington Resources Ltd. is an exploration and mine development company currently focused on the high potential Fort a la Corne Diamond Project in Saskatchewan. The management team includes strong technical expertise and is committed to reaching a diamond producer status for the realization of shareholder value. The Fort a la Corne Diamond Project is a joint venture among Kensington Resources Ltd. (42.245%), De Beers Canada Inc. (42.245%), Cameco Corporation (5.51%) and UEM Inc. (carried 10%). After fifteen years of exploration at Fort a la Corne, the joint venture partners are now entering into an accelerated results-driven advanced exploration and evaluation phase targeted on reaching a pre-feasibility decision in 2008.
The Fort a la Corne Diamond Project includes 63 identified kimberlite bodies within the largest diamondiferous kimberlite cluster in the world.
You gotta love the last paragraph, now if only Urban had played the cards right. But no he did not and we are left with chit Posted by legaleagle on :
oldepro 18 Mar 2005, 01:09 PM EST Msg. 177575 of 178042 Jump to msg. # WE WILL WIN!!! These words came from Andy Hill, yesterday. We are in a "dirty, messy" game, but WE WILL WIN!! I had not spoken to Andy since December, but his words keep ringing in my ears. This is my first "serious" post, in quite a while. Why now? Because the "time is now". If I can help ONE shareholder with my words, I am happy. The battle lines have been drawn. I, like every shareholder, want an explanation. I expect it. I deserve it, we all do. It will come!! WE WILL WIN!! For the sake of discussion, let's assume this is not a scam. What has happened? Only a FEW really know. And they ain't talking. Which is the way it should be. This is war, with real enemies. With countless treasures to the victor. Loose lips sink ships. One day, the story will come out. But for now, we must sit and wait. President Bush, when he declared the war on terror, said 'some victories, we will never hear about'. I'm sure the same applies here. But one day, we will know enough to understand. WE WILL WIN!! History is a great teacher. It is so very strange to me , how the CMKX saga parallels the story of Fidel Castro and his Cuban revolution. http://www.marxists.org/history/cuba/archive/castro/ How bizarre for Mr. Maheu to come to Mr. Casavant's rescue. While I certainly am no Marxist, I admire Castro for the sheer brilliance of his initial victory. Unfortunately for him, Communism is a proven, miserable failure. In my life, I have met a great many famous people. Only two really stand out, Muhammad Ali and Urban Casavant. When I shook their hands, electricity went through my body. I can only hope, when this fight is over, Mr. Casavant can be as joyous as Clay was, in his victory over Sonny Liston. WE WILL WIN!! Who is the enemy? It's very simple really! Old money verses new money. U. C., in my opinion, realized this from the beginning. He needed the support of the common man, as did Castro. This is the reason for the race car and the 'sell the shares' campaign. He needed support. And boy did he get it. And now, many long time supporters, are waffling. This I understand. BUT!! Does the marathon runner give up in the 25 th mile? The losers do, but the champions get stronger. U. C. is a champion. If you have any doubts, look at his face. Does he look like a loser? Of course not!!! ALWAYS a smile. A look of confidence. Brimming with excitement. WE WILL WIN!! Is this a scam? Possibly. However, THOUSANDS of people have done dd, and the consensus is NO!! Why? Because we have the goods. This is ALL about the claims. This is all about BIG money. That is why the enemy has recently launched the big guns. They don't want us little guys running around, with newfound wealth. They want to keep it in the family. This is where U. C. is the biggest threat, to the powers that be, Well my bet, he will turn them into the powers that was. This is the dawning of a new age. This is a life changing stock and I'm damn proud to be a small part of it. WE WILL WIN!! If it all comes undone, I am still a winner. Why? I have owned this stock for three years. The last year, I become heavily involved. I have gained a tremendous education. More importantly, I have gained MANY new trusted friends. I have a totally different view of Canada. I could go on about Canada for hours. In short, what a GREAT group of people. You have my total respect and admiration. If I lose my total investment, it will hurt, but still be worth it. There are more important things in life, than money. The saying goes "if it's too good to be true, it USUALLY is." The reason for the word usually is CMKX. Remember, once in a lifetime opportunities, truly come along once in a lifetime. I am totally confident in my investment. I can only wish you could have heard Andy say it. He meant it, that much I know. WE WILL WIN!! In closing, I would like to thank my wife for being a life partner. For putting up with me all these years and ALWAYS supporting me. I thank my two boys, for their bashing. It keeps me balanced. But I can still see the glimmer of hope in their eyes. To Mr. Melvin O'neil AND Vicky. What a couple. You can tell a lot about a person in their spouse. Well, Melvin hit the mother load, when he found Vicky. As for Melvin, he is simply the reason I am still here. I can NEVER repay you Melvin, but I am sure going to try. And Ateyate, you Sir, are da man. I wish I could put into words, what I owe you, but I can't. I will say, you are the brother,I always wanted. I thank God I have met you. D.Roger and IBM for their efforts on the part of CMKX. And lastly, to the man himself, Urban Casavant, for giving new life to an old soul. New hope and a renewed faith in my fellow man. And I thank God, Yahaweh for giving us this ultimate game called life. In the name of Yashoua,I ask you to bless and protect CMKX and all it's loyal holders. Give us protection from the evil one and the will to love one another. Father, with you on our side, WE WILL WIN!!
p.s. To all my paltalk pals, whether you like it or not, I shall return!!
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
Posted by legaleagle on :
***Is it finally time to GIVE UP on CMKX?
Great post from Raging Bull... (Read 347 times)
ladydi Diamond Hunter
member is offline
Gender: Posts: 5 Great post from Raging Bull... « Thread started on: Today at 5:46pm » -------------------------------------------------------------------------------- By: bill19336 18 Mar 2005, 04:28 PM EST
***Is it finally time to GIVE UP on CMKX?
To be honest, I just can't give up on a company with the following:
*DIAMONDS in the Millions of acres held in an area proven to be world class (Fort a La Corne)? Could be? *A NEIGHBOR (De Beers) who intends to build an open pit mine within a stones throw away. *A SURVEY using state of the art magnetic technology. *A NEIGHBOR like Shore Gold who finds big diamonds next door. *JOINT VENTURE'S in the FALC region with several companies. *GOLD from the American mine Ecuador. *ZINC from USCA's COD mine in Arizona. *URANIUM from the UCA partnership in the Althabasca region. *POTASH? Remember the Green Baron opened the debate with Stock Patrol with a little spiel about that substance. *PEOPLE like Mr Maheu, Mr Dean Heller, Mr Ed Dhonau, Mr Jim Dunn, Mr Roger Glenn, Edwards and Angell, the Stocklein Group, the William's brothers (not real brothers). *CRITICS who have no credibility -Stock Patrol - run by disbarred lawyer. -Carol Remond - She's been wrong before and retracted statements. -Lee Webb - a frequent visitor to the CMKX board who -bashes in print, or in post and has a definite agenda to further. -PAID 24/7 bashers who are too committed to be bitter investors. They've used every trick in the book to destroy CMKX ( fake PRs, fake calls, fake emails, fake posts, etc.). We've got first class enemies and that may speaks volumes as to what CMKX may have.
In summary, you must understand that if CMKX goes bankrupt, all the ill-gotten gains (millions upon millions of dollars) and all the shady dealings of those attacking CMKX get washed away. This is a life and death struggle and YES, I'd love to bash CMKX, but I can't. I still believe and will not pull my money off the table!!!
The rantings of madmen....Castro and Ali, bet neither one has anything to do with CMKX
Posted by Dustoff101 on :
Will...regarding WALLACE and your comparison to WWII and William Bendix... You have the wrong War..WWI is more accurate!..The Movie With Gary Cooper in Sgt. York is more like it....I think Wallace may have been the company pay clerk in Sgt. Yorks outfit,,, in real life !!!...
Dwman.. have you noticed how well Wallace remembers things like songs and intricate details of things in the distant past???..
However he will probably forget this Post while reading it???..You know what that means.
I am heading for my Foxhole now ,,had to get my Steal Pot anyway ,,sure was fun to get out for a minute....
sometimes I feel like an ant under a cattle stampede
Posted by Dustoff101 on :
Wallace...if your still looking for your coffee cup, it's in your hand...outhouse hole's,, man I thought it was to good to be true.
Posted by Wallace#1 on :
Dusty, you better put that steel pot somewhere other than on your head considering all the crap you are disposing. LOL Actually, I served after the Korean War.
Posted by Ric on :
This thread can be fun and excited at times. This is a very polar stock. Either you believe its a scam or you can't see nothing wrong with it. Some in here have fun with each other over it and thats alright. BUT THERE IS NO ROOM FOR CALLING SOMEONE A IDIOT anywhere on this board.
Posted by dwman on :
quote:Originally posted by Wallace#1: dwman,
Don't know if you know. Should not mention another board....might get banned. Would have to come back on bended knee, and meanwhile, we would all miss you.
No, I didn't know that. Thanks wallace and mods, please forgive me. Won't happen again. See wallace...already on bended knee.
Posted by dwman on :
quote:Originally posted by Dustoff101: dwman....what on Earth is a cashcow??...Ya'll being from Texas ya'll outa know their ain't no money in them range tillers.
Yes, I was in the Army...No I am not texan...Yet!!
WHAT!!! YOU AIN'T TEXAN? Why am I even talking to you? Posted by dwman on :
[QUOTE]Originally posted by bill1352: hey Will can i call you & have you tell me how rich we are going to be because of our cmkx shares??? that way i can say it was from someone connected to cmkx & i won't be lying...oh wait, you sold yours...Wallace, i'll call..no you dont have any either..Ric buddy...nope..i know DW my friend..it will be cool..we can post it on boards & everyone will think we know chit they dont... sound like a plan??? [/QU
Great plan! I just got home from a day in Oklahoma. Read the board and sides are hurting from laughing. You guys should all be in Vegas as stand-up comedians. Will could even moonlight as a cross-dresser.
Posted by dwman on :
quote:Originally posted by Wallace#1: Will,
I'm telling you I am laughing so hard that tears have come to my eyes!!! Had to show your post to my wife and went into a laughing fit all over again while reading it to her.
Darn you will. Me too. My wife is cross-eyed and when I showed her the post the tears started running down the back of her neck and I have to keep drying her back.
Posted by dwman on :
quote:Originally posted by will: Which? The talking dog? The barking chicken? the screaming prarrie dog? The dead goat?
Well, I have inside information on the talking dog. I sold the talking dog to some fella up in those parts.
I sold him cheap because the SOB lies.
I had a talking flea once. Showed it to dustoff101. He jumped out of his foxhole, slammed his fist down on it. No more flea.
Posted by dwman on :
OOOPS... That was a talking ant. Before I could get it to say anything dusty murdered it.
I guess he thought it might attract a cattle stampede.
Posted by Ric on :
There is theories, hopes, dislikes being posted but no real solutions. Whether you think this was diluted massivwly to float or just a little the O/S is still a major problem. With all the investors in this stock why can't we force the SEC to listen to us about putting a cap on O/S were this type of dilution can not happen and we don't have to worry about speculation and theories. I see no reason why any stock need to go over 25 billion a/s. Multi billion dollar companies don't have this type of O/S and A/S so why do pinksteets other then to dilute behind the stockholders back and make there shares worthless while hiding the fact from us. At least if tey need to do more diluting because they are out of money they would be forced to do a r/s and then stocholders would get the message on how the company feels about there shareholders.
Posted by Ric on :
You really think if cmkx had a o/s limit and had to do 30 r/s's over the past 2 years anyone would be in this. But yet a 703 billion o/s is no different then a 25 billion o/s company that did 30 r/s's.
Posted by Dustoff101 on :
(Quote originally posted by Dwman)... I had a talking flea once. Showed it to dustoff101. He jumped out of his foxhole, slammed his fist down on it. No more flea.
OOOPS... That was a talking ant. Before I could get it to say anything dusty murdered it.
I guess he thought it might attract a cattle stampede.
Dwman...Fleas and ants do not talk, they squeak! I know this for a fact because while I am peering out at ground level from my foxhole I can hear them communicating...Also, when I am wearing my steel pot, it amplifies the squeaking which helps me to understand what they are saying...
..I recently have had many conversations with several fleas and ants. They really can get around. Not one of them has ever heard of you. They did, however, suggest that you are pulling my leg, Texas big time and I should not pay any attention to you on this matter...
Posted by Penny-Trader on :
dam i forgot to put on my rubber boots before reading this message, now my feet stink.
CRAP now i need to wash them.
quote:Originally posted by legaleagle: oldepro 18 Mar 2005, 01:09 PM EST Msg. 177575 of 178042 Jump to msg. # WE WILL WIN!!! These words came from Andy Hill, yesterday. We are in a "dirty, messy" game, but WE WILL WIN!! I had not spoken to Andy since December, but his words keep ringing in my ears. This is my first "serious" post, in quite a while. Why now? Because the "time is now". If I can help ONE shareholder with my words, I am happy. The battle lines have been drawn. I, like every shareholder, want an explanation. I expect it. I deserve it, we all do. It will come!! WE WILL WIN!! For the sake of discussion, let's assume this is not a scam. What has happened? Only a FEW really know. And they ain't talking. Which is the way it should be. This is war, with real enemies. With countless treasures to the victor. Loose lips sink ships. One day, the story will come out. But for now, we must sit and wait. President Bush, when he declared the war on terror, said 'some victories, we will never hear about'. I'm sure the same applies here. But one day, we will know enough to understand. WE WILL WIN!! History is a great teacher. It is so very strange to me , how the CMKX saga parallels the story of Fidel Castro and his Cuban revolution. http://www.marxists.org/history/cuba/archive/castro/ How bizarre for Mr. Maheu to come to Mr. Casavant's rescue. While I certainly am no Marxist, I admire Castro for the sheer brilliance of his initial victory. Unfortunately for him, Communism is a proven, miserable failure. In my life, I have met a great many famous people. Only two really stand out, Muhammad Ali and Urban Casavant. When I shook their hands, electricity went through my body. I can only hope, when this fight is over, Mr. Casavant can be as joyous as Clay was, in his victory over Sonny Liston. WE WILL WIN!! Who is the enemy? It's very simple really! Old money verses new money. U. C., in my opinion, realized this from the beginning. He needed the support of the common man, as did Castro. This is the reason for the race car and the 'sell the shares' campaign. He needed support. And boy did he get it. And now, many long time supporters, are waffling. This I understand. BUT!! Does the marathon runner give up in the 25 th mile? The losers do, but the champions get stronger. U. C. is a champion. If you have any doubts, look at his face. Does he look like a loser? Of course not!!! ALWAYS a smile. A look of confidence. Brimming with excitement. WE WILL WIN!! Is this a scam? Possibly. However, THOUSANDS of people have done dd, and the consensus is NO!! Why? Because we have the goods. This is ALL about the claims. This is all about BIG money. That is why the enemy has recently launched the big guns. They don't want us little guys running around, with newfound wealth. They want to keep it in the family. This is where U. C. is the biggest threat, to the powers that be, Well my bet, he will turn them into the powers that was. This is the dawning of a new age. This is a life changing stock and I'm damn proud to be a small part of it. WE WILL WIN!! If it all comes undone, I am still a winner. Why? I have owned this stock for three years. The last year, I become heavily involved. I have gained a tremendous education. More importantly, I have gained MANY new trusted friends. I have a totally different view of Canada. I could go on about Canada for hours. In short, what a GREAT group of people. You have my total respect and admiration. If I lose my total investment, it will hurt, but still be worth it. There are more important things in life, than money. The saying goes "if it's too good to be true, it USUALLY is." The reason for the word usually is CMKX. Remember, once in a lifetime opportunities, truly come along once in a lifetime. I am totally confident in my investment. I can only wish you could have heard Andy say it. He meant it, that much I know. WE WILL WIN!! In closing, I would like to thank my wife for being a life partner. For putting up with me all these years and ALWAYS supporting me. I thank my two boys, for their bashing. It keeps me balanced. But I can still see the glimmer of hope in their eyes. To Mr. Melvin O'neil AND Vicky. What a couple. You can tell a lot about a person in their spouse. Well, Melvin hit the mother load, when he found Vicky. As for Melvin, he is simply the reason I am still here. I can NEVER repay you Melvin, but I am sure going to try. And Ateyate, you Sir, are da man. I wish I could put into words, what I owe you, but I can't. I will say, you are the brother,I always wanted. I thank God I have met you. D.Roger and IBM for their efforts on the part of CMKX. And lastly, to the man himself, Urban Casavant, for giving new life to an old soul. New hope and a renewed faith in my fellow man. And I thank God, Yahaweh for giving us this ultimate game called life. In the name of Yashoua,I ask you to bless and protect CMKX and all it's loyal holders. Give us protection from the evil one and the will to love one another. Father, with you on our side, WE WILL WIN!!
p.s. To all my paltalk pals, whether you like it or not, I shall return!!
Legel...seriously, you concider these ppl you repost your friends, your brothers in the war against the SEC & evil mm's, pals till the bitter end. as such a friend take it on yourself to help them, GET THEM BACK ON THEIR MEDS!!!!! my god legel how can you let your buddies walk around like that. it could be dangerous, they might try something more complicated then typing like say tieing their shoes. think of what could happen, broken noses, missing teeth. why they might even make it out the door & start talking to normal ppl. you know once locked in 1 of those rubber rooms it takes a lot to be let out. so be a pal & make sure they take their daily meds.
Posted by legaleagle on :
quote:Originally posted by bill1352: Legel...seriously, you concider these ppl you repost your friends, your brothers in the war against the SEC & evil mm's, pals till the bitter end. as such a friend take it on yourself to help them, GET THEM BACK ON THEIR MEDS!!!!! my god legel how can you let your buddies walk around like that. it could be dangerous, they might try something more complicated then typing like say tieing their shoes. think of what could happen, broken noses, missing teeth. why they might even make it out the door & start talking to normal ppl. you know once locked in 1 of those rubber rooms it takes a lot to be let out. so be a pal & make sure they take their daily meds.
And all of this from someone who has trouble finding their Shift Key.
Posted by Dustoff101 on :
Somebody better get out the net... I have been updating myself re-reading the last couple page's...The quests at the Hotel Screwball [[funny car farm ]]have definately breached the wall and are pouring out in mass...
I actually read where someone compared God and U/C implying that U/C may be blessed...Wow!!! someone has not been drinking coolaid they have been chugging it !!
703,000,000,000 Carl Sagan could'nt explain that many billions and billions and billions ect ect ect.
Posted by dwman on :
quote:..I recently have had many conversations with several fleas and ants. They really can get around. Not one of them has ever heard of you. They did, however, suggest that you are pulling my leg, Texas big time and I should not pay any attention to you on this matter... [/QB]
Of course not... you murdered the only one I knew.
Posted by bill1352 on :
we LeGel iTs thE siMplE thInGs tHAt conFuse mE, i"M GrEaT at TieInG ShOes.
Posted by legaleagle on :
THERE MAY BE SOMETHING TO THIS KOOL-AID THING. SECRET PHOTOS SMUGGLED OUT OF CMKX HOSPITALITY TENT THIS WEEKEND Posted by Dustoff101 on :
Genesis 127,,,God said, be fruitful and multiply...Legal,I don't think our Father in Heaven was talking about U/C's 730,000,000,000 shrs.
God has a never ending sense of humor,however if it was me I would'nt push it to far with the Almighty...YOU MIGHT find yourself digging deeper Foxhole's than even me!!!!
sometime's I feel like an ant under a cattle stampede.
Posted by legaleagle on :
quote:Originally posted by Dustoff101: Genesis 127,,,God said, be fruitful and multiply...Legal,I don't think our Father in Heaven was talking about U/C's 730,000,000,000 shrs.
God has a never ending sense of humor,however if it was me I would'nt push it to far with the Almighty...YOU MIGHT find yourself digging deeper Foxhole's than even me!!!!
sometime's I feel like an ant under a cattle stampede.
Dusty, where do find me using humor with my Creator?
Posted by Dustoff101 on :
dwman...I did not murder your flea or ant!!! I simply defended myself from one of those bLoOd SuCkInG crittERS..nOW maybe in Texas you call that murder!..In Oregon we call being under attack from a skin burrowing critter and simply sqeezing the thing to death is justifiable homicide.
Posted by Dustoff101 on :
Legal..I hope you are well this morning..You must see the humor in many of your post's..I think the Almighty surely does..
Posted by Ric on :
You want to see how people can use religion in poor taste go here. Personally I would ban him if I had the power. What a way to promote a scam.
Ric...I took a look, WOW that was disgusting...I have been around a bit, seen more than some ,less than other's...This morning I was thinking about the sacrifice of so many souls on 9/11 in NYC PENN. and DC....and then that thing pops up,,I dunno man it's damn hard to feel charitable towards that no good SOB...legal I am NOT talking about you.
Posted by will on :
"You want to see how people can use religion in poor taste go here. Personally I would ban him if I had the power. What a way to promote a scam."
Do you think people here and on other boards have not used religion to promote CMKX.
The way it was done here was much more sublte than that goof, but just as distasteful. Again, I remind you that if you dissented you were almost labeled an anti-Christ. If not, they used their not so religious attack dog, who visited it here last week and was banned again. At least the goof with the photo was outfront, and made his pitiful self obvious. The "religious" here were much more sly and sneaky. Just a few pages ago there was a question asked of noah, he avoided the question, and took the ooprtunity to tell us someone was "good and decent Christian woman, and a professional investor. She tried to bring DD and reasoned opinion to this board, but how long do you think a lady of that stature could stand to wallow in the muck and inanity that this board has become?", while we were alluded to as wallowing, (pigs wallow, don't they). In any case he answered with this:
"will, I try not to answer you seriously because your responses are usually some kind of childish gutter or toilet humor, or an attempt at humor.
Yes I could explain a great deal more about what is happening in CMKX on this board, but wouldn't it be sort of useless? Most here have already made up their minds about CMKX. Any attempt at rationality is always met with cat calls, guarded obscenities and personal attacks. There are things that I know about this stock that I cannot discuss, and won't. In particuar about law enforcement matters." Believe me they wrapped CMKX in the Bible, Charitable works, and every other type of religious inuendo they could come up with.
My point is, noah may not be as distasteful as the goof you found, but he is just as offensive.
Posted by Ric on :
Your right Will, I guess it was the image more then the wording. But a lot of so called christains will have to answer questions one of these days including me. But one thing I would never do is take it in vein. But I guess it doesn't matter now. Looks like Bob agreed that it was in poor taste because its gone now.
Posted by will on :
"There are things that I know about this stock that I cannot discuss, and won't. In particuar about law enforcement matters."
Thats the part I like the best. LOL
I know things but won't and can't discuss them. LOL
....and this, "I hit many of the boards in doing research and DD and you all have to be very proud of hijacking this one."
DD and reserach, he meant to say cutting and pasting. LOL
You may not remeber Ric, but at one time noah called himself the sheriff here, and even had a little a ban of deputies. When anyone dissented it was fine if his posse attack them, but now when he finds the shoe on the other foot, we're childish, gutter talking, pigs. LOL A beautiful Christian defense.
Posted by will on :
I just can't over this.
"I hit many of the boards in doing research and DD and you all have to be very proud of hijacking this one. It is the only one I can find where this kind of behavior is tolerated by management. You feed off each other and seek approval from one another by how grossly, or how despicably, you can demean CMKX, Urban, Roger Glenn, and any poster who might dare to try to bring anything but your brand of garbage to this thread. "
It's ok when he and his ilk controlled the board, and praised and supported Urban, Roger, and demeaned dissenters. That brand of garbage is good garbage, and should be tolerated by management, but don't you dare dissent. I guess beauty is in the eye of the board hijackers. Just another double standard from the rightious. I laugh when a dissenter finds something a few months old and posts it, noah tells him, you had to reach that far back to find muck, but if it supports his arguement he can go back 5 years, and expects his post to be accepted. Well, he's a pumper in denial, but he's our pumper in denial, and the only one we have left bringing balance to this board. LOL Bringing balance to a board with fantasy is one thing, bringing balance to CMKX's situation with reality will prove to be impossible.
Posted by Ric on :
I don't think thats true. I go to other boards and beside boards that were created by cmkx lovers there is a lot of back and forth. Even the die hard sites have a lot of there members in backlash. They are now cracking down on it but its still a moderated site by cmkxers. Those banned are not banned from all boards just that certain one that cmkxers moderate, I really want to say paid pumpers moderate but trying to ride the fence here.
This don't happen on other threads on this board just this one. I think they just gave up on this one a long time ago. This has been a polar stock long before the SEC investigation. It sort of like Dale Earnhart in racing or Jeff Gordon. You either passionately loved them or passionately hated them. There was no middle ground. I really think we have smarter investors here then on other boards because we have freedom and don't have to follow the crowd or be banned. Not to say there isn't some bad apples but really cmkx showed signs that made it easy to pick on so thats why I guess it had most of the grief. I have been on this board longer then a lot. This is my second name due to email mess up. Don't change your email unless you know its approved email carrier, lol. And I really think I can say that this is my favorte board.
Posted by Wallace#1 on :
Will, you must remember delusion begets illusion, then begins the diffusion--which causes more confusion. It happens to be quite amusin'.
Posted by Wallace#1 on :
Ric, I agree. Bob does one hell of a good job....most of it by himself now as I understand it.
Posted by Wallace#1 on :
Dusty, you wrote:
"Genesis 127,,,God said, be fruitful and multiply...Legal,I don't think our Father in Heaven was talking about U/C's 730,000,000,000 shrs." *****************************************
Sounds like sexy talk to me!!! You think it should be banned? He just didn't use the same words Will uses! LOL
Posted by dwman on :
Wow! What did I miss? I went to the site and found nothing. However, at the risk of offending some here ( I certainly don't mean to... I am just sharing my faith ), there is a proverb in the bible that says "submit your plan unto the Lord and He will cause it to be successful." I believe in the same God Jeremiah the prophet believed in...the one who said "I knew you before you were born"...the one who said "I know the plans I have for you, plans to prosper you...". I don't consider Christianity to be a religion. To me, it is a way of life. I fail so miserably to live the Christian life. The apostle Paul taught to bring every thought into captivity. I can't do that all of the time but I pray daily for spiritual strength to do it. Because I struggle so, I know other Christians do too. We are no different than anyone else. We make mistakes... sometimes hurtful ones. I have grown to love most of the posters on this board (but wallace, that does not mean I am going to join will in wearing a sundress ) and it hurts me to see bitterness between some. Penny-Trader and I have had discussions which at the time might have seemed mixed with some measure of animosity. On my part, there is none now. I wish I could hear from Penny-trader more. Will, I want so badly for you to put aside the memory of those who offended you. Christians are accountable to God for their actions. I believe as a Christian, I will have to answer to Him some day for any offense against others. Most of the time, that keeps me somewhat sober. Dustoff101, that does not include you. I still hate you for killing my talking ant.
Posted by Ric on :
dwman, it was a scam stock that a pumper started. He put a picture of christ coming out of the tumbs saying to buy this stock. It was very bad taste. Might have hurt your eyes. And I agree to. I have said things that I wish that I didn't and have had heated exchanges with a few that I consider good friends now.
Ric
Posted by dwman on :
Please allow me to correct something I said and then I will drop it. I said that Christians are no different than anyone else. I meant we are human too. We are supposed to be different and we can be if we appropriate the power that is within us once we are comitted to Christ. However, we are still sinners. We are just sinners saved by grace.
Posted by dwman on :
quote:Originally posted by Ric: dwman, it was a scam stock that a pumper started. He put a picture of christ coming out of the tumbs saying to buy this stock. It was very bad taste. Might have hurt your eyes.
Ric
Thanks Ric... not good. not good at all.
Posted by Wallace#1 on :
dwman,
The problem most of us seem to have with it is that it is too frequently used as a cloak to hide behind by so-called do-gooders and shallow believers. As soon as they are the least bit "tried", they revert to something worse than those they mistreat. You, my friend, have been a true blessing and a very good example of the exception.
Enough said now about the whole matter. I truly feel such discussions belong elsewhere. Besides, Will is going to suggest we get a room again. LOL
PS: I don't believe in that sinner stuff. I am as pure as the driven snow!!! LOL
Posted by dwman on :
LOL wallace.... agreed.
Posted by Ric on :
quote:Originally posted by Wallace#1: Enough said now about the whole matter. I truly feel such discussions belong elsewhere. Besides, Will is going to suggest we get a room again. LOL
Just no pictures posted of cross dressing. lol
Posted by dwman on :
No no no, wallace, lest you read me wrong, I'm not agreeing that I am the exception. I am agreeing about ole will and what he might suggest. You know he probably looks pretty cute in that sundress. lol
Posted by dwman on :
While I am waxing sentimental, let me take this opportunity to say that if I lose every cent I invested in cmkx, I am rich because of the friends I have made on this board. I truely mean that.
Posted by Wallace#1 on :
Cute, my butt!!! I'll bet he's the ugliest looking dog ever in a sundress. Upside once told me that too. You do know that he and Upside met at one of those races, don't you? Upside said he kept his distance because of Will's doggie breath which smelled like decayed UC PRs.
PS: Also said he tried to give Will a peppermint candy, he wouldn't give up that old sock!
Posted by dwman on :
quote:Originally posted by Dustoff101: dwman...I did not murder your flea or ant!!! I simply defended myself from one of those bLoOd SuCkInG crittERS..nOW maybe in Texas you call that murder!..In Oregon we call being under attack from a skin burrowing critter and simply sqeezing the thing to death is justifiable homicide.
LOL... that is funny. Wait!!!! Why am I laughing. You are not even a Texan yet.
Posted by dwman on :
quote:Originally posted by Wallace#1: Cute, my butt!!! I'll bet he's the ugliest looking dog ever in a sundress. Upside once told me that too. You do know that he and Upside met at one of those races, don't you? Upside said he kept his distance because of Will's doggie breath which smelled like decayed UC PRs.
LOL/// That leaves me speechless. lol
Posted by dwman on :
Will, don't go to bed. No tellin what wallace will say about you if you are asleep.
Posted by dwman on :
Good night folks and good trading tomorrow.
Posted by Wallace#1 on :
dwman,
Good night....and it's "truly"! FINALLY GOTCHA!!
"While I am waxing sentimental, let me take this opportunity to say that if I lose every cent I invested in cmkx, I am rich because of the friends I have made on this board. I truely mean that."
Posted by will on :
You been listening to that talking dog again, Wallace. Don't believe anything he says. I told you I sold him cheap because of how badly he lies.
For you dw, believe me, I have tried to let it go, but that poor misguided noah keeps his subtle attack up. I don't know about God judging any of these folks. I suppose they truly believe they are doing the right thing, but I can tell you the market will have no mercy, and no such understanding of what they think is right. Their money will be in someome else's pockets not given to charity either.
Posted by Upside on :
Gotta agree with Wallace dw. He got you on that one.
Posted by will on :
He did that on purpose, Wallace, just to make you feel good. LOL
You haven't figured that dwman out yet. He lets you win once in awhile just to keep you interested otherwise you'd be playing Texas Hold'em all the time.
quote:Originally posted by Wallace#1: dwman,
Good night....and it's "truly"! FINALLY GOTCHA!!
"While I am waxing sentimental, let me take this opportunity to say that if I lose every cent I invested in cmkx, I am rich because of the friends I have made on this board. I truely mean that."
Posted by Upside on :
When do we all head to dwmans house to watch him eat crow? Does the company have to go out of business? What exactly are the rules?
Posted by will on :
I don't know the rules, but don't let Wallace make them, he's too soft on dwman. I think you and I should talk about it privately for awhile Upman. I'm thinking evil !
Posted by Upside on :
I'm thinking we get a caravan together right now. Can't wait for some of that sun baked Texas long horn beef. You ever see one of those poor cows? You can see their rib cage as they try to snag a passing tumbleweed to graze on. Just a sorry excuse for a cow is what they are.
Posted by Wallace#1 on :
Just came back from playing Texas Hole'em and my friend, Will, is casting aspersions on me. As far as evil is concerned, no one can hold a candle to you, Will.
Up, those cattle in Texas have long horns, but I don't think what was once known as "long horn cattle" still exist. Some of those oldies had horn spreads like 4 to 6 feet....maybe more.
PS: Will, the above means you really aren't being nice!
Posted by Wallace#1 on :
Time for me to hit the sack! Good night.
Posted by Dustoff101 on :
Wallace...here is my last bit on the whole controversy..[
[Partial quote from wallace]..[so-called do gooders and shallow believer's]..check this out dude.
U.N. Troops kill 60 guerrillas in Congo,raising questions about peacekeeping....By Betsey Pisik
Posted by Ric on :
SEC Suit Against CMKM Diamonds Could Sink Company, Says Stock Patrol
Monday , March 21, 2005 00:32 ET
Mar 21, 2005 (financialwire.net via COMTEX) --March 21, 2005 (FinancialWire) (Special Report By Stock Patrol) CMKM Diamonds, Inc. (OTC: CMKX) has reached a crossroads. On March 3, 2005, the Securities and Exchange Commission temporarily suspended trading of CMKM's securities for ten days, citing the lack of accurate and complete public information about the Company.
At the time, CMKM shares were trading at close to zero.
On March 16, 2005, as the temporary suspension was about to expire, the SEC filed an Administrative Proceeding seeking an order suspending or terminating the registration of CMKM's securities. If granted, the Order could leave CMKM shareholders holding over 700 billion virtually worthless, untradeable shares of common stock.
The problem stems from CMKM's persistent failure to file public information, including audited financial statements. As the SEC points out, CMKM is required to file public reports because its common shares are registered under of the Securities Exchange Act of 1934. That registration was voluntary ' but once the Company committed to filing, it was required to continue. Despite this obligation, CMKM has failed to file a Form 10-K Annual Report since May 9, 2002 or a Form 10-Q Quarterly Report since November 18, 2002.
CMKM attempted to justify its failure to file by filing a Form 15, on July 23, 2003, claiming that it had only 300 stockholders of record, and therefore was entitled to terminate its reporting obligations. That proved to be untrue. On February 17, 2005, CMKM amended the Form 15, admitting that it actually had 698 stockholders of record at the time of the earlier filing. In the interim, CMKM's shareholders and prospective investors had been left in the dark.
Now the SEC is going to hold a public hearing to verify these facts and, while CMKM will be given an opportunity to defend its conduct, the Commission is seeking to suspend trading of the Company's securities for at least twelve months, or to terminate it entirely. An initial decision is expected within 120 days. If registration is terminated or suspended, CMKM shareholders will be left holding the bag ' or more literally, bags full of shares.
The SEC has established a "hotline" for CMKM shareholders, who may be adversely affected if the SEC gets the relief it is seeking. The SEC's CMKM Diamonds Investor Line can be reached at (323) 965-4519 or by email at cmkmdiamonds@sec.gov .
Public shareholders, who may now be the unfortunate victims of CMKM's failure to comply with the federal securities laws, have 700 billion reasons to dial that phone number.
FinancialWire is an independent, proprietary news service of Investrend Information, a division of Investrend Communications, Inc. It is not a press release service and receives no compensation for its news or opinions. Other divisions of Investrend, however, provide shareholder empowerment platforms such as forums, independent research and webcasting. For more information or to receive the FirstAlert daily summary of news, commentary, research reports, webcasts, events and conference calls, click on http://www.investrend.com/contact.asp
Wallace,,, this is going to kill the pinks, for awhile...Looks like Spitzer is stepping into the mud down here on the farm...opinions ???
Posted by dwman on :
Oh I'm so furious!!! Those cwazy wabbits!
Posted by Dustoff101 on :
dwman,,good peeece of sarkazim...
Posted by ed19363 on :
Get the class action suits ready...this is what the faithful like to call the "end game". Either you sell at .0001 and take whatever you get, or you lose it all.
Posted by Dustoff101 on :
dwman..I am going to get certificate's. I want them for my office...My singing bass will finally have the appropriate company...
The taxidermist is having a rough time mounting my ant kill, he said I should'nt of gutted and tagged it.
Posted by bousbous55 on :
so r u all trying to sell out???
Posted by ed19363 on :
I've got 18 million on the block at .0002. That's probably a dream, but there may be a fish out there somewhere....
Posted by Dustoff101 on :
ed19363...maybe, problem is snagging is generaly illegal.
Posted by dwman on :
I can't believe you guys are putting stock in that article. Did you not see who wrote it? I would rather put stock in cmkx.
Posted by thebilder on :
What do you guys make of this?
Pink Sheet: CMKX, Mar 21, 2005 (M2 PRESSWIRE via COMTEX) --
"The Dream Maker" and "The Iron Man"
The Dream Maker, Urban Casavant and "The Iron Man", Robert Maheu are the co-chairs of the mineral exploration company known as CMKM Diamonds,Inc. The recent combination of these two individuals has excited the CMKM shareholders.
CMKM shareholders watched as equity disappeared from their investment in the companys stock over the last three years. The stock hit a low in early 2004 of .0000, no bid, trading .0000 by .0001 for many months.
CMKM Diamonds is a dream of Urban Casavant. Mr. Casavant has spent a good portion of his life staking out mining claims in the Fort la Corne region of Saskatchewan accumulating as many as 1.9 million acres including joint ventures with multiple companies. At this time CMKM Diamonds Inc. is involved in the exploration for diamonds in the Canadian province of Saskatchewan. Exploration is being aggressively pursued within the Fort la Corne area in central Saskatchewan, where the company currently holds mineral claims to more than 1 million acres in this Kimberlite rich area.
A Kimberlite is a rock formation in which diamonds are formed. Diamonds ascend to the Earth's surface in rare molten rock, or magma, that originates at great depths. As the Kimberlite is carrying diamonds and other samples from Earth's mantle, this magma rises and erupts in small but violent volcanoes. Just beneath such volcanoes is a carrot-shaped "pipe" filled with volcanic rock, mantle fragments, and some embedded diamonds. Therefore the kimberlite with deep roots into the Earths ,mantle. These deep roots enable a kimberlite to tap the source of diamonds. Magmas are the elevators that bring diamonds to Earth's surface.
About Urban Casavant "The Dream Maker"
A native of Prince Albert, Canada, where he had once been a prison guard, Urban Casavant went on to become an entrepreneur, running the U-Haul business in the central Saskatchewan city. Diamonds soon became the talk of the town in the early 1980's and late 1990's. Mr Casavant then pursued his career further by taking up prospecting and acquiring a rather large land position in the province. Mr. Casavant acquired most of the land in the Molanosa Arch region, where he knew there was the highest demand at the time, in the midst of the first diamond rush in 1993. During this time, Mr. Casavant sold large parcels of his ground in exchange for cash and stock deals. By the late half of the 1990's the diamond rush had staggered to a near halt. Once again in 2000, Mr. Casavant's intutition kicked in again when he took notice of the renewed interest starting to develop by other exploration companies looking to get back in the hunt for diamonds. Staying on top of the game, Mr. Casavant moved in quickly and quietly and began aquiring large land positions, this time the land being in close proximity to key projects in the Fort la Corne region of Saskatchewan.
About Robert Maheu "The Iron Man"
Maheu is probably most famous for his role with Howard R. Hughes. Maheu served as the alter ego to Hughes. Maheu negotiated for the purchase of many Nevada properties on behalf of Hughes and the Hughes Tool Co. As a consequence, seven hotel/casinos, one airport and millions of dollars of raw land were acquired. In each case, Maheu became the chief operating officer. Additionally, he was responsible for the acquisition of an airline. He also represented the Hughes' interests before local, county, state and national regulatory bodies for many years. At an earlier time in his life, Maheu served as supervisor of the administrative section of the New York City Federal Bureau of Investigation Office and special assistant to Assistant Director E.J. Connelly, who was in charge of major cases for the entire Federal Bureau of Investigation.
Throughout his life, Maheu and Robert A. Maheu & Associates served as an advisor(s) to many great men and companies throughout the history of America. Westinghouse, World Tankers Inc., Stavros Niarchos, Del E. Webb Corp., Schenley Distributors, United Steel Workers of America, Hughes Tool Co., Hughes Aircraft, Theta-Com of California, Howard R. Hughes, Leisure Industries Ltd., Jayhawk Industries, International Business Associates Inc., Shaheen Resources, MacMillian-Ring Free Oil Co., Pacific Investments, Expo-Tech, Exploration Co. of Louisiana, New Orleans Steamboat Co., Greyhound Exposition Services, Central Intelligence Agency, Global Intelligence Network, Las Vegas Investment Advisors Inc., Paradigm Gaming Systems, Konami Gaming Inc., Sunbelt Communications and Castle Rock Pictures Inc. are some of the companies. To list all of Maheu's accomplishments would turn this brief announcement into a novel.
Mr. Casavant, in a recent company press release shows his confidence in Iron Man Maheu when he said this, "As the company begins to accomplish short-term goals, we decided to bring in an individual who can manifest an atmosphere for success. Mr. Maheu is that man," stated Casavant", chairman of CMKM Diamonds Inc.
The combination of Urban Casavant "The Dreamer" and Robert Maheu "The Iron Man" is a win win combination for CMKM Diamonds shareholders. Shareholders are excited waiting patiently for the next move the company will make. With the strength of "The Iron Man" and the dreams of "The Dreamer" the company will face any and all challenges head on. The combination of these two key individuals and with the recent addition of the Stoecklein Law Group to the team, CMKM Diamonds is poised and ready to move the company to the next level and beyond.
A great man once made a speech that has lived through history, Martin Luther King Jr. for calls all individuals to dream when he presented his famous speech which began with "I have a dream...". Urban Casavant has a dream and is a man with a goal. Robert Maheu is a man of strength and tenacity where no man will belittle his resolve to assist Urban with his dream. Mark Twain said it best when he wrote many years ago, ""Keep away from people who try to belittle your ambitions. Small people always do that, but the really "great ", make you feel that you too, can become great."
*********** believes the combination of Urban Casavant "The Dreamer" and Robert Maheu "The Iron Man" is an unbeatable combination. Many thanks from myself and my family go out to these two individuals.
Cut and paste above links in your browser and give time to load
Source: CMKX Press Release, CMKM Web Site & www.***********.com CMKX Profile
ABOUT ***********.com
www.***********.com boosts its newly designed web site with many informational investor links. ***********.com has been in existence since 1999. The site is designed to be investor friendly for the novice investor to the experienced investor. You are invited to ***********.com too have an experience you will not find anywhere.
***********.com also hosts a live chat room at www.PalTalk.com listed under Premium Finance/Markets entitled ***********sUnderground, password "rumble".
JOIN THE *********** EMAIL LIST @ (Cut and Paste Link in Your Browser)
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The owner of ***********.com is not a licensed investment advisor or analyst nor does he give out buy, sell or hold advice to anyone. The writer or owner of the site , its employees and affiliates are not associated with any NASD or NYSE member firm. No analysis has been made by this writer about the financial condition of any business that may appear in this Press Release or at *********** Rolling Stocks. The owner of ***********.com may hold positions in profiled companies and my sell positions at any time. The above Press Release should be read in conjunction with the main disclaimer located at www.***********.com.
CONTACT: Hal Engel, ***********.com e-mail: ***********@comcast.net
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
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Posted by Ric on :
I think the released a fluff to avoid answering the real questions that everyone wants to hear. How can they even put this out with the crap thats going on. It just gives koolaid drinkers hope with no real answers so they can continue the Iron Man image and their theories.
Posted by will on :
What I make of it is:
NONSENSE !!!!!
Says absolutely nothing to do with the stock.
NONSENSE !!!!!
Just some assinine blah blah blah about two guys, one that dreams and the other that's 80+ yrs old tryng to act tough.
Posted by thebilder on :
That's what I thought. I just couldn't resist.
Posted by dwman on :
quote:Originally posted by Dustoff101: dwman..I am going to get certificate's. I want them for my office...My singing bass will finally have the appropriate company...
The taxidermist is having a rough time mounting my ant kill, he said I should'nt of gutted and tagged it.
Well, there you go, dusty. We Texans know that the only ant worth stuffin be the ones from Texas. Any other kind ain't worth the effort. I forgot to tell you. I got my talking ant in Oregon. Serves you right.
Posted by Wallace#1 on :
Dusty,
It would be a good thing if Spitzer gets involved. No others, including the SEC seem to want to sink their teeth into the problems on Wall Street....and they do exist. As far as being extremely detrimental to the pinks, I doubt it will have much impact across the board. Just certain stocks will be affected.
bilder,
Almost all, if not all, of your post has been out before. As my friend, Will, stated, "Nonsense!".
Posted by Dustoff101 on :
Dwman..One time I was DRiVinG aCrOsS S.W.Texas on hwy 10...An ant [dumb Texas ant] leaped out in front of my truck,and I hit the dern thang...Well,,what a mess!!goo all over my truck ,legs stuck in my radiator,, heck the head on that thing went under my truck and I got high centered...well, finally a fella come along and give mE a ToW iNtO A town named Anthill..Well,, he told me I was lucky, seems they had one of um jump into their resevoir,, splashed the water out which coused a 75 year drought!!!
In Oregon we are to smart to let um get out of control...Thats why we have hunting seasons...
Posted by Wallace#1 on :
I saw one of those Texas ants once....it scared the p...ants off me!
Posted by Highwaychild on :
2005-03-21//vol. 10,692,474,946// # of transactions 2335
Hasn't been this much action since late December and that was in quite a spurt.Anybody find that odd?
Posted by dwman on :
quote:Originally posted by Dustoff101: Dwman..One time I was DRiVinG aCrOsS S.W.Texas on hwy 10...An ant [dumb Texas ant] leaped out in front of my truck,and I hit the dern thang...Well,,what a mess!!goo all over my truck ,legs stuck in my radiator,, heck the head on that thing went under my truck and I got high centered...well, finally a fella come along and give mE a ToW iNtO A town named Anthill..Well,, he told me I was lucky, seems they had one of um jump into their resevoir,, splashed the water out which coused a 75 year drought!!!
In Oregon we are to smart to let um get out of control...Thats why we have hunting seasons...
LOL LOL LOL... Boy! You sure you ain't a Texan? Ain't (not ant) no way I'm toppin that one. Ain't gonna even try. However, that musta been the year of the famous drougt that caused all of the game in Texas to move to other parts. I remember it well. Had me an ole hex barrel rifle. That sucker would shoot so far ya had to salt the bullet to keep the meat from spoiling before you could get to it.
Posted by dwman on :
"Donald Stoecklein, an attorney representing CMKM, said the hearing notice is the logical step after the company itself reported discrepancies in previous filings.
"The company, more or less, expected this," he said.
On Feb. 11, the company announced a "corporate strategy plan designed to dramatically and comprehensively transform (CMKM's) internal corporate governance." Stoecklein said that process is proceeding.
He also indicated that the hearing notice is unrelated to the previous suspension of trading.
"It has nothing to do -- in our knowledge -- to do with that," Stoecklein said.
The SEC's order suspending trading said: "Questions have been raised about the adequacy of publicly available information concerning, among other things, CMKM Diamonds' assets and liabilities, mining and other business activities, share structure and stock issuances, and corporate management."
Shares of the company returned to trading last week, but Stoecklein declined to comment on the circumstances surrounding that matter.
He did say, however, that the CMKM is a viable company actively conducting mining exploration.
"You will see in the future some filings and information the company puts out to confirm that," Stoecklein said."
From another board....
Posted by will on :
When did he say this? Where did he say this? To whom did he say it to?
Posted by Ric on :
They need to change ther name to the Hearsay And Theory Diamond Company, Inc.
Posted by Ric on :
xinsightx2
form letter from SEC
got a few personal responses initially -- now just a form letter.
Dear Investor:
Thank you for your e-mail to the U.S. Securities and Exchange Commission. Your comments and concerns are very important to us. Unfortunately, because of the large volume of e-mail that we are receiving on this matter, we will not personally respond to each message. We do read and carefully consider the opinions expressed in all of the e-mails that we receive.
On March 16, 2005, the SEC instituted a public administrative proceeding pursuant to Section 12(j) of the Securities Exchange Act of 1934 against CMKM Diamonds, Inc. The purpose of this action is to determine whether the registration of the company's securities should be revoked or suspended for failing to comply with Section 13(a) of the Exchange Act and Rules 13a-1 and 13a-13 thereunder, which require the filing of periodic reports with the Commission. The staff alleges in the Order Instituting Administrative Proceedings that CMKM Diamonds had common stock registered pursuant to Section 12(g) of the Exchange Act and that CMKM Diamonds has failed to file periodic reports since 2002.
We deeply appreciate your taking the time to communicate your thoughts and concerns to the Securities and Exchange Commission.
Sincerely,
Susan Ferris Wyderko Director Office of Investor Education and Assistance U.S. Securities and Exchange Commission
Posted by bill1352 on :
anyone wanna bet most emails are the cult crying in their milk about naked shorting & why doesn't the SEC stop the real bad guys the mm's??
Posted by TruthTeller on :
quote:Originally posted by will: When did he say this? Where did he say this? To whom did he say it to?
Posted by legaleagle on :
quote:Originally posted by bill1352: anyone wanna bet most emails are the cult crying in their milk about naked shorting & why doesn't the SEC stop the real bad guys the mm's??
Well now, that is a pretty good question IMO.
Posted by Wallace#1 on :
legal, with your supposed investagative abilities, you never cease to amaze me. It's probably all those Cincinnati cops causing the problems for CMKX. That is just as likely a scenario.
Posted by STOCKLOVER on :
I will be so happy when I wake up and see that the CMKX thread is gone forever.....not a bigger eyesore on this forum.
Posted by bill1352 on :
come on now stocklover, where else can you have stories made up for your reading pleasure. stories with evil, fantasy, excitement, good guys & bad guys. why there hasn't been so many stories made up since the days of old when for lack of info ppl sat around fires & told stories of great men doing battle against the evil of the time. of course in both cases not much of the story was real & almost all made up but they are entertaining.
Posted by dcevertrade on :
I THINK IS TIME TO CHANGE THE TOPIC. SHOULD CHANGE TO "CMKX HITTING NORTH POLE"...
Posted by dcevertrade on :
HI, GUYS. DON'T MISS THE TRAIN HEADING TO NORTH POLE.
Posted by dcevertrade on :
TRY TO LOAD AS MANY AS YOU CAN...
Posted by dcevertrade on :
Many shareholders are appalled that the SEC has waited until the company is finally attempting to bring back a fully reporting status. The SEC states they are trying to protect shareholders but many shareholders dont see it that way. CMKM Diamonds reported, via IR for USCA last summer, they had 41,000 plus shareholders and numbers are rumored to be upwards of 60,000 plus at this time. To threaten to revoke the registration of a company that is attempting to bring order back to their filings, many shareholders believe is not protection but a threat to investors investment.
Recently Iron Man Robert Maheu has taken a co-chairman board of directors position. Maheu has been known to make decisions as a man of steel going forward with determination and resolve. Urban Casavant stated in a previous press release, " "In the company's agenda for 2005, it has become paramount to bring in individuals and companies that can make significant contributions to the company. As the company begins to accomplish short-term goals, we decided to bring in an individual who can manifest an atmosphere for success. Mr. Maheu is that man," stated Casavant, chairman of CMKM Diamonds Inc. In the same press release it is stated "Casavant and Maheu will together be looking into the company and setting forth exactly what CMKM Diamonds needs to do in order to be successful in its current endeavors. The two look to bring in a president to the company that has successful history in geology and mining of natural resources."
Does CMKM Diamonds look like a company that needs their shareholders protected? Shareholders are an organized group of believers partaking in many message boards and live chat rooms from Yahoo to Paltalk. These rooms contain as small as 15 shareholders to as large as 600 plus shareholders. These shareholders are united and believe in their chairman Urban Casavants dream. They share the dream trusting their Chairman to make the right decisions entrusting millions of dollars to his dream.
Shareholders have a message for Urban Casavant and Iron Man Robert Maheu, "We stand behind you with trust and that our investment dollars are safe. You both have our allegiance of trust. We wait patiently for your next move to accomplish building a successful company."
Posted by ed19363 on :
Smashing ants is more entertaining, and probably more profitable IMO, just look at what the pest control companies have made.....
Posted by bill1352 on :
dcevertrade ....ya think maybe we can take a hint from member nickname?? deceivertrade?? i'll give you another hint deceivertrade, this board has a few cult members, very few. it has a handful of hopefulls. but it has a bunch of realistic thinking ppl, those that understand that it doesn't matter what cmkx finds in the ground, at 703 billion o/s its useless.
Posted by Dustoff101 on :
decevertrade....are you some kind of glutton for punishment...
Posted by George on :
time to end the thread and move on.....
Posted by dcevertrade on :
Mar 22, 2005 (M2 PRESSWIRE via COMTEX) -- ***********.com Presents: (Pink Sheet: CMKX) CMKM Diamonds, "The Dream Maker" and "The Iron Man" "The Dream Maker" and "The Iron Man"
The Dream Maker, Urban Casavant and "The Iron Man", Robert Maheu are the co-chairs of the mineral exploration company known as CMKM Diamonds,Inc. The recent combination of these two individuals has excited the CMKM shareholders.
CMKM shareholders watched as equity disappeared from their investment in the companys stock over the last three years. The stock hit a low in early 2004 of .0000, no bid, trading .0000 by .0001 for many months.
CMKM Diamonds is a dream of Urban Casavant. Mr. Casavant has spent a good portion of his life staking out mining claims in the Fort la Corne region of Saskatchewan accumulating as many as 1.9 million acres including joint ventures with multiple companies. At this time CMKM Diamonds Inc. is involved in the exploration for diamonds in the Canadian province of Saskatchewan. Exploration is being aggressively pursued within the Fort la Corne area in central Saskatchewan, where the company currently holds mineral claims to more than 1 million acres in this Kimberlite rich area.
A Kimberlite is a rock formation in which diamonds are formed. Diamonds ascend to the Earth's surface in rare molten rock, or magma, that originates at great depths. As the Kimberlite is carrying diamonds and other samples from Earth's mantle, this magma rises and erupts in small but violent volcanoes. Just beneath such volcanoes is a carrot-shaped "pipe" filled with volcanic rock, mantle fragments, and some embedded diamonds. Therefore the kimberlite with deep roots into the Earths ,mantle. These deep roots enable a kimberlite to tap the source of diamonds. Magmas are the elevators that bring diamonds to Earth's surface.
About Urban Casavant "The Dream Maker"
A native of Prince Albert, Canada, where he had once been a prison guard, Urban Casavant went on to become an entrepreneur, running the U-Haul business in the central Saskatchewan city. Diamonds soon became the talk of the town in the early 1980's and late 1990's. Mr Casavant then pursued his career further by taking up prospecting and acquiring a rather large land position in the province. Mr. Casavant acquired most of the land in the Molanosa Arch region, where he knew there was the highest demand at the time, in the midst of the first diamond rush in 1993. During this time, Mr. Casavant sold large parcels of his ground in exchange for cash and stock deals. By the late half of the 1990's the diamond rush had staggered to a near halt. Once again in 2000, Mr. Casavant's intutition kicked in again when he took notice of the renewed interest starting to develop by other exploration companies looking to get back in the hunt for diamonds. Staying on top of the game, Mr. Casavant moved in quickly and quietly and began aquiring large land positions, this time the land being in close proximity to key projects in the Fort la Corne region of Saskatchewan.
About Robert Maheu "The Iron Man"
Maheu is probably most famous for his role with Howard R. Hughes. Maheu served as the alter ego to Hughes. Maheu negotiated for the purchase of many Nevada properties on behalf of Hughes and the Hughes Tool Co. As a consequence, seven hotel/casinos, one airport and millions of dollars of raw land were acquired. In each case, Maheu became the chief operating officer. Additionally, he was responsible for the acquisition of an airline. He also represented the Hughes' interests before local, county, state and national regulatory bodies for many years. At an earlier time in his life, Maheu served as supervisor of the administrative section of the New York City Federal Bureau of Investigation Office and special assistant to Assistant Director E.J. Connelly, who was in charge of major cases for the entire Federal Bureau of Investigation.
Throughout his life, Maheu and Robert A. Maheu & Associates served as an advisor(s) to many great men and companies throughout the history of America. Westinghouse, World Tankers Inc., Stavros Niarchos, Del E. Webb Corp., Schenley Distributors, United Steel Workers of America, Hughes Tool Co., Hughes Aircraft, Theta-Com of California, Howard R. Hughes, Leisure Industries Ltd., Jayhawk Industries, International Business Associates Inc., Shaheen Resources, MacMillian-Ring Free Oil Co., Pacific Investments, Expo-Tech, Exploration Co. of Louisiana, New Orleans Steamboat Co., Greyhound Exposition Services, Central Intelligence Agency, Global Intelligence Network, Las Vegas Investment Advisors Inc., Paradigm Gaming Systems, Konami Gaming Inc., Sunbelt Communications and Castle Rock Pictures Inc. are some of the companies. To list all of Maheu's accomplishments would turn this brief announcement into a novel.
Mr. Casavant, in a recent company press release shows his confidence in Iron Man Maheu when he said this, "As the company begins to accomplish short-term goals, we decided to bring in an individual who can manifest an atmosphere for success. Mr. Maheu is that man," stated Casavant", chairman of CMKM Diamonds Inc.
The combination of Urban Casavant "The Dreamer" and Robert Maheu "The Iron Man" is a win win combination for CMKM Diamonds shareholders. Shareholders are excited waiting patiently for the next move the company will make. With the strength of "The Iron Man" and the dreams of "The Dreamer" the company will face any and all challenges head on. The combination of these two key individuals and with the recent addition of the Stoecklein Law Group to the team, CMKM Diamonds is poised and ready to move the company to the next level and beyond.
A great man once made a speech that has lived through history, Martin Luther King Jr. for calls all individuals to dream when he presented his famous speech which began with "I have a dream...". Urban Casavant has a dream and is a man with a goal. Robert Maheu is a man of strength and tenacity where no man will belittle his resolve to assist Urban with his dream. Mark Twain said it best when he wrote many years ago, ""Keep away from people who try to belittle your ambitions. Small people always do that, but the really "great ", make you feel that you too, can become great." *********** believes the combination of Urban Casavant "The Dreamer" and Robert Maheu "The Iron Man" is an unbeatable combination. Many thanks from myself and my family go out to these two individuals.
Posted by Dustoff101 on :
George..you stated that you wanted the CMKX thread closed and for all of us to move on....
Are you sure you want this group loose?..We might come over and visit you on the Q thread,,,,
I don't think you would be very popular over there,, if we came over...They may hear the truth for once......
Posted by Dustoff101 on :
Whats going on I am showing Hi .0005 and trades at .00 on my Apex
Posted by Dustoff101 on :
buys at 3 to 1 verus sales ?????
Posted by 4Tune4Me on :
There is some sort of major correction going on...volume substantially adjusted down.
Posted by Dustoff101 on :
4tune4me...vol. down, what do you mean ,,12,000'000,000 traded 10,000,000's trading below .0001??
Posted by ed19363 on :
Rumor on the other boards is a trading halt again, especially on Ameriturd. Also, Andy sez we are drilling and a PR will be out this week.
IMO, all this is if the SEC doesnt shut it down completely first !!!!!
Posted by 4Tune4Me on :
Dustoff101 - I meant a technical adjustment...I watched the actual volume numbers rolling back on Ameritrade. 0005 high is also gone replaced with .0001
Posted by Dustoff101 on :
I think we are seeing the begining of the final capitulation...What a historical mess..Students of Wall Street will learn much studying this thing.
I hope some don't learn how to engineer the next great theft from investers.
Posted by ed19363 on :
My streamer keeps flashing 0.00 as the high....this cannot be good.
Posted by Dustoff101 on :
Ed..it is definately not good means that when it hits .0001 thats an uptick.
also...4tune4me thats the first time I ever heard death called a tecknical adjustment
Posted by Dustoff101 on :
I have my popcorn and beer..This should be good when WALLACE AND LEGAL along with the rest of the heavy weights square off.
I am going to get my money back yet!! Just watching the coming show is a partial divy..
Oooo..wallace and legal it's show time.
Posted by legaleagle on :
I think I'll let Wallace explain the 58 billion volume today. But Dusty, do keep your popcorn and beer stocked up.........THIS IS GONNA GET GOOD.
Posted by Dustoff101 on :
Legal.....58,000,000,000 shrs traded???/.'[]=./ wow,,,you gotta be pulling my leg,,,or my software could not count that high....No need to answer. You need to prepare yourself for battle.
Posted by Dustoff101 on :
Dwman..hope you got all the fleas and ants fed...are you going to get in this debate?..where's Wallace?,,, warming up??..
I can't remember the handle's on the rest of you heavy wieght's but I know you can't resist...Where's Boised1???
Posted by ed19363 on :
I just spoke with Andy. He is a well mannered guy who sounds like he knows what he is talking about. He said Amos and Florabelle were well, the Packard is running on all 16 cylinders, and Kingfish tried to sell him CMKX stock, but he didnt fall for it. I asked him about a PR, but he said Private Restrooms were not available at this time. Keep tuned to your local station for further news after Gangbusters. Do I need an IMO on this one??
Posted by Wallace#1 on :
58 million shares traded (if that is correct) means nothing. With 703 million O/S, it's like a few grains of sand on a beach. Volume demonstrates nothing where CMKX is involved. Remember the volume of diamonds they discovered....and the size?
Posted by Ric on :
I am disappointed. I take my wife to dialysis and daughter to park and I come back to this. Please remember not to let the kids in while I am gone.
Posted by will on :
58 Billion, not million, and still no movement in the PPS 8.2% of the O/S traded. Looks like everyone opened the vaults and are taking what they can get before the ax falls. Of course the faithful will tell you that Urban is buying these back. The truth is that brokers and MM's are getting shed of it in anticipation of the final curtain.
Posted by Wallace#1 on :
I stand corrected by one of the best pigs that "wallow" in a pig "sty". "58 billion, not million". LOL Hey, isn't that another name for "cop"?
Posted by ed19363 on :
My crystal ball tells me CMKX WILL post a PR Saturday. It also tells me the SEC will shut CMKX down Friday.
Oh well.
Posted by dwman on :
quote:Originally posted by will: When did he say this? Where did he say this? To whom did he say it to?
Don't know, will. I presume they called him for an interview. From my experience with having reporters call me for interviews, you can't be sure what words they will put in your mouth. Take it with a grain of salt, imo.
Posted by will on :
Someone posted a link to the article. It was in a Las Vegas newspaper. Said nothing really. Just wasn't dated the or source referenced. No big deal, there isn't much left to say anyway, but thanks dw.
quote:Originally posted by dwman:
quote:Originally posted by will: When did he say this? Where did he say this? To whom did he say it to?
Don't know, will. I presume they called him for an interview. From my experience with having reporters call me for interviews, you can't be sure what words they will put in your mouth. Take it with a grain of salt, imo.
Posted by legaleagle on :
No Urban isn't buying back anymore. The deal was cut, the money has been paid to CMKX for settlement with the shareholders. As part of the "deal" Urban agreed to put the balance of the treasury shares, 97 billion, into the market for the MM's to buy back to cover the naked shorts. 42 billion shares traded Monday, 58 billion traded today. That's 100 billion in two trading days. 97 billion balance of the treasury shares; about 3 billion in weak hands, scared off by the suspension. Most of those 58 billion were traded in about two hours this afternoon, and several brokerages shut down buying, including Ameritrade. They are still allowing "sells", but no buys. The reason, all treasury shares have been exhausted. Expect a PR soon on the "settlement" amounts and terms. Of course ALL IN MY OPINION.
Posted by dwman on :
quote:Originally posted by ed19363: My streamer keeps flashing 0.00 as the high....this cannot be good.
It can be good if the nss are being cleaned from the books.
Posted by dwman on :
quote:Originally posted by dwman:
quote:Originally posted by ed19363: My streamer keeps flashing 0.00 as the high....this cannot be good.
It can be good if the nss are being cleaned from the books.
Otherwise, how do you account for the vwap of .48 Friday, .30 something yesterday, and, I think, around .18 today on around 60billion shares?
Posted by ed19363 on :
quote:Originally posted by dwman:
quote:Originally posted by ed19363: My streamer keeps flashing 0.00 as the high....this cannot be good.
It can be good if the nss are being cleaned from the books.
Great answer if that is indeed what is happening. Dont go getting my hopes up again...LOL...just figuring out how to deduct $8000 from next year's tax bill....
Posted by dwman on :
quote:Originally posted by ed19363: I just spoke with Andy. He is a well mannered guy who sounds like he knows what he is talking about. He said Amos and Florabelle were well, the Packard is running on all 16 cylinders, and Kingfish tried to sell him CMKX stock, but he didnt fall for it. I asked him about a PR, but he said Private Restrooms were not available at this time. Keep tuned to your local station for further news after Gangbusters. Do I need an IMO on this one??
Dated yourself there, ed. I remember those days well. "The Fat Man", "Green Hornet", "Gang Busters", "Henry Aldrich", "The Big Story", "Nick and Nora", and on and on.
Posted by dwman on :
I used to stick my ear up real close to the radio when the battery was about to go. I wanted so bad to hear the "Lone Ranger" but it came on at milking time. I wonder if my mom knew how much milk was getting left in the udder of that old cow just so I could get back to the house in time for "The Lone Ranger".
Posted by ed19363 on :
Yeah, aint no spring chicken here....lol My favorite was "Lights Out". Frank Gallup was the announcer and he used to scare the bejeebers out of me....is that how bejeebers is spelled??
Posted by dwman on :
quote:Originally posted by ed19363:
quote:Originally posted by dwman:
quote:Originally posted by ed19363: My streamer keeps flashing 0.00 as the high....this cannot be good.
It can be good if the nss are being cleaned from the books.
Great answer if that is indeed what is happening. Dont go getting my hopes up again...LOL...just figuring out how to deduct $8000 from next year's tax bill....
Would I do that ed? I'm sure Will will call me a pumper now. lol That's okay Will. I don't mind.
Posted by ed19363 on :
I figure there are no bashers or pumpers here. Just a bunch of investors trying to see the light at the end of this long tunnel....
Posted by Marty on :
I would hope that the SEC is about to pull the plug on this, stopping all electric power, hence no more light. I would also think they will seal the tunnel with some concrete, so it can't be resurrected....(sorry for your losses)...JMHO.....
Posted by dwman on :
Where is wallace? I figured he would be good for a post about how he too used to listen to an old battery operated radio and how, on dry days, you had to go out and pour water around the ground rod leading to the antenna ( a wire stretch from two poles and then leading to a ground rod ) in order to get reception. Come on man!!! You are letting me down.
Posted by Upside on :
I guess someone needs to explain VWAP to me. My admittedly poor understanding of it is that it's just the price at which the majority of the days trades took place. How can it be .18 or .30 or really anything higher than .0001? Do mistake aka "fat finger" trades count? Little help here.
Posted by Dustoff101 on :
I would also like to know what vwap means pertaining to CMKX
Posted by TruthTeller on :
quote:Originally posted by legaleagle: No Urban isn't buying back anymore. The deal was cut, the money has been paid to CMKX for settlement with the shareholders. As part of the "deal" Urban agreed to put the balance of the treasury shares, 97 billion, into the market for the MM's to buy back to cover the naked shorts. 42 billion shares traded Monday, 58 billion traded today. That's 100 billion in two trading days. 97 billion balance of the treasury shares; about 3 billion in weak hands, scared off by the suspension. Most of those 58 billion were traded in about two hours this afternoon, and several brokerages shut down buying, including Ameritrade. They are still allowing "sells", but no buys. The reason, all treasury shares have been exhausted. Expect a PR soon on the "settlement" amounts and terms. Of course ALL IN MY OPINION.
Posted by Upside on :
Here's the definition I found for vwap:
"A trading benchmark particularly used in pension plans. VWAP is calculated by adding up the dollars traded for every transaction (price times shares traded) and then dividing by the total shares traded for the day."
Now, can someone please explain to me how a stock that has traded no higher than .0002 in the last six months, can on any given day have a vwap higher than .0002?
Posted by will on :
Well, UpMan, if they won't answer you I guess I'll have to. You went to some official recognized generally accepted site for the definition/formula. Now consider this, that site is part of the conspiracy, and they changed the formula this morning after "the deal" was struck. If you go ask Dr. D or Sterling, (those types), you will get the secret multiplier that your "official site" failed to publish as of "the deal" date.
quote:Originally posted by Upside: Here's the definition I found for vwap:
"A trading benchmark particularly used in pension plans. VWAP is calculated by adding up the dollars traded for every transaction (price times shares traded) and then dividing by the total shares traded for the day."
Now, can someone please explain to me how a stock that has traded no higher than .0002 in the last six months, can on any given day have a vwap higher than .0002?
Posted by Upside on :
Is that it? I don't have the secret multiplier?
Posted by Wallace#1 on :
dwman,
The Squeaking Door. L-A-V-A
Posted by will on :
Only explxnation I can think of. I saw .0000 /.0001 / .0002 / and a corrected high of .0005 today. Add, divide, multiply, subtract, or do anything you like, and you will get .0001 to .0002.
quote:Originally posted by Upside: Is that it? I don't have the secret multiplier?
Posted by Upside on :
My hunch is that the actual number is .00018 but even that sounds high to me.
Posted by Ric on :
fat finger. 5 is right under 2. Grey sheets are entered manually into computer.
Posted by Dustoff101 on :
When I was watching it at 3PM EST. The trades were going thru at .00, then a trade would go thru at .0001 in green..[.00 ]meant the price was below .0000
Posted by dwman on :
quote:Originally posted by Upside: Here's the definition I found for vwap:
"A trading benchmark particularly used in pension plans. VWAP is calculated by adding up the dollars traded for every transaction (price times shares traded) and then dividing by the total shares traded for the day."
Now, can someone please explain to me how a stock that has traded no higher than .0002 in the last six months, can on any given day have a vwap higher than .0002?
Upside, my understanding is that there is an sec rule which allows mms to trade the volume weighted average price to acquire shares to "buy in". In other words, If I say to my broker, I want certs for my shares of cmkx and my broker tells me that there are no more certs, I can require him to "buy in". He then has to go to the market maker who sold him the shares and say something like, "okay... I have to have certs. I am willing to pay .0004 for them. The mm says I don't have them. My broker says, "okay you have to get them. The mm then goes to another mm and says I am willing to pay .0009 for certs and so on and so on. However, this is all behind the scenes. You and I can still buy as we could today at .0001 but we are not getting certs.
Posted by Upside on :
No offence dwman but based on what you're telling me, this cmkx vwap number is all behind the scenes and we know nothing about it so it's really just another concocted theory, right?
Posted by dwman on :
quote:Originally posted by Upside: No offence dwman but based on what you're telling me, this cmkx vwap number is all behind the scenes and we know nothing about it so it's really just another concocted theory, right?
Could be. But it came from an ex market maker.
Posted by will on :
Told ya, you didn't know the secret multiplier.
quote:Originally posted by Upside: No offence dwman but based on what you're telling me, this cmkx vwap number is all behind the scenes and we know nothing about it so it's really just another concocted theory, right?
Posted by Upside on :
I'm going back to my original theory then.
Posted by dwman on :
Okay, but remember, if your broker tells you he does not have certs for the shares you hold, tell him you are calling for a "buy in". See what happens.
Posted by will on :
Which is?
quote:Originally posted by Upside: I'm going back to my original theory then.
REG 2004-53 Rulings Regulation SHO Locate and Delivery Requirements
On July 28, 2004, the SEC adopted Regulation SHO, Short Sales, under the Securities Exchange Act of 1934.1 Among other things, Regulation SHO specifies new locate and delivery requirements applicable to short sales of equity securities. These new locate and delivery requirements apply whether or not a "tick" test or "bid" test applies to the trade. In addition, Regulation SHO specifies new delivery requirements applicable to long sales of securities. These new locate and delivery requirements for short sales and long sales are all effective on January 3, 2005. The delivery requirements for long sales are covered by Rule 203(a) of Regulation SHO, which completely replaces SEC Rule 10a-2 (Requirements for Covering Purchases) and provides that if a broker or dealer knows or should know that a sale of an equity security is marked "long," then the broker or dealer must make delivery when due and cannot use borrowed securities to do so. There are three exceptions specified in the new rule.
Locate and Delivery Requirements for Short Sales (regardless of tick), Rule 203(b) of Regulation SHO
Prior to effecting a short sale in any equity security for another person or for its own account, a broker or dealer must "locate" securities available for borrowing. That means the broker or dealer must (1) borrow the security or enter into an arrangement to borrow it or (2) have "reasonable grounds" to believe that the security can be borrowed so that it can be delivered on the due date.
The "locate" must be made and documented prior to effecting a short sale. "Easy to Borrow" lists may provide "reasonable grounds" under the second alternative above, as long as the information used to generate such a list of readily available securities is less than 24 hours old.
Exception to the locate requirement: Short sales executed by market makers (including specialists and options market makers) in connection with "bona-fide market making activities". This exception does not include activity that (1) is related to speculative selling strategies or investment purposes of the market maker and (2) is disproportionate to its usual market making patterns or practices in that security. These new locate and delivery requirements apply to all short sales in ETFs. The SEC declined to provide a blanket exception for ETFs from the new locate and delivery requirements because of high levels of delivery fails in some ETFs. New Delivery Requirements for Securities with Substantial Delivery Failures.
These new rules require that, if any clearing member has a fail to deliver position at a registered clearing agency (e.g., NSCC) in a "threshold security" for 13 consecutive settlement days, the participant must immediately close out the fail to deliver position (whether resulting from short sales or long sales) by purchasing securities of like kind and quantity. "Threshold securities" are securities with a large number of delivery failures as defined by SEC rules.
Exception: The foregoing closeout requirements do not apply to the amount of a fail to deliver position that the clearing member has on the settlement day immediately preceding the day that the security became a "threshold security." However, if the fail to deliver position at the clearing agency is later reduced below the position that existed on the settlement day immediately preceding the day that the security became a "threshold security," then that lower amount will be the amount of the fail to deliver position that does not have to be closed out. Each listing marketplace will be responsible for calculating and publishing a daily list of the "threshold securities" for which it is the primary listing market. The downloadable list of Amex "threshold securities" will be available each day by 12:00 midnight ET under the Trading Data menu item on AmexTrader, which can be accessed at Internet address www.amex.com/amextrader. The file will also be available via public FTP at Internet address ftp://amex.com/amextrader. The full path to reach the file will be provided at a future date. The initial list of "threshold securities" will be published on Monday, January 10, 2005 and will be based on delivery failure data for the period January 3-7. The SEC did not provide a general market maker/specialist exception to the close out requirements for fails to deliver in "threshold securities" that remain for 13 consecutive settlement days.
Exception: Registered Options Traders and specialists are allowed to sell short "threshold securities" in order to hedge options positions (or adjust such hedges) that were created prior to the underlying security becoming a "threshold security." (Note that there is no corresponding hedging exception for market makers and specialists in stocks or equity-traded products such as ETFs). If a clearing member has a fail to deliver position at a registered clearing agency in a "threshold security" for 13 consecutive settlement days, the clearing member and any broker or dealer for which it clears transactions (including any market maker that would otherwise be entitled to rely on the market maker exception to the locate requirement) may not accept a short sale order in the "threshold security" from another person (including market makers), or effect a short sale in the "threshold security" for its own account, without borrowing the security or entering into a bona-fide arrangement to borrow the security, until the clearing member closes out the fail to deliver position by purchasing securities of like kind and quantity. A clearing member that complies with this pre-borrowing requirement after the 13th consecutive settlement day will still be in violation of Regulation SHO if the member fails to continue to make good faith efforts to completely close out the fail to deliver position. A specialist on the Amex that becomes subject to the pre-borrowing requirement described in the preceding paragraph with respect to one of its specialty securities should expect to have that security reallocated to another specialist ("pass the book"). The allocation will be restored to the original specialist if and when the specialist is no longer subject to the pre-borrowing requirement with respect to that security.
Some firms have requested clarification as to whether, for purposes of avoiding imposition of the Regulation SHO pre-borrowing requirement for further short sales of "threshold securities," the SEC will allow immediate credit to be given for a buy-in on the morning of the 14th day following the 13 consecutive settlement days of delivery failure, or whether such credit will not be available until the buy-in has settled in another three business days. In the latter case, it would be necessary to do a buy-in after 10 consecutive days of delivery failure (or earlier) in order to receive credit for the buy-in in time to avoid the pre-borrowing requirement that becomes effective on the 14th day. The SEC has not yet stated its opinion on this issue. Members and member firms are responsible for ascertaining how this issue is resolved. While the Amex will make every effort to provide notification regarding the resolution of this issue, members and member firms have an obligation to look to other sources for this information, such as the SEC and/or the Securities Industry Association.
A clearing member may allocate a portion of its fail to deliver position to another registered broker or dealer for which it clears trades or for which it is responsible for settlement, based on such broker or dealer's short position. The closeout responsibility for the allocated portion of the fail to deliver position then shifts to the second broker or dealer.
For a more comprehensive summary of the new locate and delivery requirements for short sales, see SEC Release No. 34-50103 (Short Sales; Final Rule).
Questions regarding the above may be directed to me, David Fisch, at 212-306-1450 or to Bill Love in the Amex Office of General Counsel at 212-306-1789.
Posted by Ric on :
Please don't ask, lol.
quote:Originally posted by will: Which is?
quote:Originally posted by Upside: I'm going back to my original theory then.
Posted by Upside on :
Originally posted by Will:
quote:Which is?
Game over. Shut down coming soon.
Posted by dwman on :
quote:Originally posted by Upside: Originally posted by Will:
quote:Which is?
Game over. Shut down coming soon.
Yes, Up, game over. However... not shutdown but cmks to dsa moon. jmo
Posted by dwman on :
what does that mean? to dsa moon? lol
Posted by Upside on :
Ok dw but just in case, I'm assuming your blackbird gun is loaded and at the ready?
Posted by legaleagle on :
VWAP
Questionable Innovation: System Hides Block Trades From the Market By Christopher H. Schmitt Staff Reporter 6/23/00 4:36 PM ET
One recent morning, two stock traders "met" in a closet-sized computer system atop a downtown office building in Philadelphia. There, in the anonymity of cyberspace, they agreed to trade 10,000 shares of Wal-Mart Stores Inc. (WMT:NYSE - news).
Nothing unusual about that. Computerized matching systems for big institutional traders have long been a fixture on Wall Street. But there was a big difference. These two players agreed to the trade without knowing the price. Before the start of trading, they had agreed to settle up at the end of the session at whatever Wal-Mart's average price for the day turned out to be.
The objective behind this Securities and Exchange Commission-sanctioned pilot by the Philadelphia Stock Exchange is to eliminate the effect on market prices when big block trades occur.
See Also The Wall Street Veteran Behind the Off-Market Block Trading Experiment
But that's precisely what raises red flags for critics of the system, which is expected to undergo a major expansion beginning in July. Critics say that keeping such trades out of the daily market mix hurts everyday investors by altering the true value of stocks and by denying them the benefits the institutions get.
In essence, the program -- called eVWAP, for electronic volume-weighted average price -- allows big traders to be in the market without ever really being part of it. That, critics say, is potentially harmful to other investors, who could lose out if they can't benefit from a price change -- up or down -- that a big block trade might spur.
"I thought the point of an efficient market is the level of interest in a stock determines the appropriate price," says Barbara Roper, director of investor protection for the Consumer Federation of America. "As soon as you allow people to trade without affecting the price of the stock, it would seem to me you're distorting the price-setting process."
Promoters, of course, see it differently -- as catering to institutions that are eager to avoid pressuring prices. "When the institutions get too big for the market, they have to find other things," says Fredric W. Rittereiser, chairman of Ashton Technology Group (ASTN:Nasdaq - news), developer of the VWAP system. A blunt-spoken one-time New York City detective, Rittereiser is a former head of the Instinet electronic trading service.
This new initiative would seem at odds with the SEC's recent push to open up markets and make trading information more widely available. But market forces dictate the agency be realistic, says Elizabeth King, associate director of the SEC's market regulation division.
She readily admits the Philadelphia system continues a trend toward fragmenting the overall market. But if institutions can't create the most efficient trading systems in the U.S., she says, they'll simply go elsewhere, such as overseas.
"It's always a tension," she says. "The more orders interact, the more they contribute to [price-setting]. In a perfect world, you could get everybody to display their trading interest in one place, but that's not going to happen. So why shouldn't we allow for systems to develop to serve those interests?"
The eVWAP system works like this: At least 15 minutes ahead of the 9:30 a.m. market opening, institutions place their orders in 5000-share minimum blocks. By 9:20 a.m., Ashton's system matches buyers and sellers wanting to trade the same stock.
About 15 minutes after the market's 4 p.m. closing, the system calculates the volume-weighted average price for all trades, wherever they took place, and assigns that price to the orders it matched that morning. Under a volume-weighted average, prices of bigger blocks get more weight in the calculation.
Fund managers and others have long used volume-weighted average price to evaluate traders. Generally, if trades are made at or near the volume-weighted average price, traders are judged to have made good deals.
Until now, block traders typically have tried to hit the volume-weighted price by "time-slicing" -- that is, chopping their overall orders into small pieces that trade throughout the day. This can be done manually or through computerized trading programs.
If done fastidiously, this technique can approximate the true volume-weighted average price. But it's more difficult when markets are volatile, as they have been recently. And, unlike the eVWAP system, the trades are still part of the overall supply and demand equation for the day and thus can affect market price.
According to industry estimates, 13%-15% of all trades today are part of some volume-weighted average pricing strategy. That alone suggests the market for eVWAP could be big, but some say the figure could reach even 20% or more.
"Every desk you can name wants to take your orders and trade them eVWAP," says Greg Rogers, head trader at Aronson+Partners, a Philadelphia money manager.
After several years of planning and retooling, the Philadelphia exchange won SEC approval for the Ashton system in March 1999. In July the company expects to accelerate its efforts. Some 70 clients have already signed up -- Rittereiser won't name them, saying the institutions want anonymity. But he says they include floor brokers, mutual fund managers, bank traders and pension fund managers.
The eVWAP system has approval to trade in 300 of the New York Stock Exchange's most heavily traded issues. It's now trading in just 50, handling about 70,000 shares daily. So for now, and in the immediate future, eVWAP is nowhere near big enough to be a major force.
But within three years, Rittereiser hopes to handle 100 million shares a day and wants to expand into Nasdaq stocks, too.
The chief concern among critics is that the system allows institutions to evade "price discovery" -- which helps establish market prices by exposing buyers' and sellers' intentions.
The more orders that flow to the eVWAP system, the less they're part of the pool of orders that establish market prices, critics complain. Divert enough orders and market prices stand to be established on shakier information, they argue.
"Suppose everyone does it -- then there's no market," says Bevis Longstreth, a New York securities attorney and a former SEC commissioner. "Where's the liquidity?"
Taken to the extreme, "we're going to go have 4000 or 5000 shares pricing a million shares," says Greg Bokach, an equity trader for American Century Investment Management. "People who participate [in the market] should benefit, not be used as a pricing mechanism."
Likewise, many small investors would like to get an eVWAP-style deal, says Mercer Bullard, former assistant chief counsel in the SEC's investment management division who now heads an advocacy group for mutual-fund investors.
"It takes a lot of the stress out of buying and selling," Bullard says. "People wouldn't have to play the guessing game of selling when the [market] is swooning for the day, then only to see it come roaring back by the close."
Ashton's Rittereiser acknowledges the importance of price discovery. "Price discovery is the essence of what every market is -- even the stamp market," he says. But, he says, eVWAP orders are simply a different animal. They represent not traditional trading but instead are actually "derivative," in this case, derived from prices established during normal trading.
In any case, eVWAP order flow won't hurt overall market pricing, he maintains. "It's a price-taker," he says. "It's in a stream. Those trades are absorbed in the market as they are moved into the market using this technique."
The chairman of the Philadelphia Stock Exchange, Meyer S. Frucher, likewise rejects the criticisms. "There are a lot of different kinds of investment opportunities and options that people use to minimize their risk," he says. "This is yet another. There's nothing wrong with that."
What about the concerns of small investors? "The institutions are our constituency," says Rittereiser. "The institutions are the ones who have demanded volume-weighted average pricing for years."
And besides, he asks, "Can a little guy get into the New York Stock Exchange?"
As originally published, this story contained an error. Please see Corrections and Clarifications.
-------------------------------------------------------------------------------- Send letters to the editor to letters@thestreet.com. Read our conflicts and disclosure policy. Order reprints of TSC articles.
Posted by will on :
Hate to put you on the spot, dw, but just exactly what is it your saying? Seems to be two theories being mixed together here. A negotiated settlement between Urban and the MM's, and SHO requirements. Can you give it to me in English?
Posted by dwman on :
I don't think it is UC. Wouldn't that require forms to be filled out for insider trading? perhaps DTCC and MM deal.
Posted by dwman on :
Whatever it is, it is not normal. Days like today have not been seen since I have been involved with this stock.
Posted by dwman on :
From another board
By: Varok 22 Mar 2005, 07:37 PM EST Msg. 24711 of 24716 (This msg. is a reply to 24709 by billy9565.) Jump to msg. #
I agree,but here is an
Who would guess that Knight,one of the largest manipulators is knee deep in this whole mess,would have such a program.
Knight uses proprietary program trading technologies and expansive liquidity pools from our unmatched broker-dealer order flow to improve trade execution quality for our institutional clients.
Using proprietary program trading technology, our traders enter your large-sized orders directly into the market's computer system for automatic execution.
Access ECNs and exchanges; Interact with institutional and broker-dealer order flow; and Utilize selected algorithmic trading strategies.
FEATURES
Volume Weighted Average Pricing (VWAP)
VWAP trading minimizes market risk while maintaining client anonymity in the marketplace. With Knight, program VWAP orders are traded using a proprietary algorithm that incorporates more than 10 years of statistical arbitrage trading experience.
Guaranteed VWAP
Best Efforts VWAP
Limit VWAP
Point-to-Point VWAP
Control start and end times of client orders. Orders are filled at the Bloomberg VWAPs for the time period specified.
Percentage-of-Volume Order
Allows clients to execute with volume, useful for days when the volume is outside of its normal parameters. For example, a large order can be executed over multiple days, staying at 10% of volume per day, allowing participation in market activity while attempting to avoid negative price impact.
Market-on-open
Market-on-close
Auto-execution for orders up to 5,000 shares
I don't think if one were to put in an order to sell at .50+ per share actually would execute such a trade..
I will say this...Since the halt the volume has been quite heavy and I'm sure, as I have stated in recent comments, the MMs were caught with their shorts down and scambling to cover..
That is why I mentioned to hold..
Have a good day Varok
Posted by will on :
Whatever it is, it sure is complicated, and I think a real reach. It did have 30 some billion day in December, didn't it? Companies just don't have the latitude and the power the faithful give to CMKX. Especially a company with 703B O/S trading at .0001 / .0002. Sorry, still not buying it.
Posted by dwman on :
I understand completely will... I'm not asking you to "buy-in"... pun fully intended. LOL
Posted by legaleagle on :
From that board we can't name here.
CIM God of Diamonds
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" Its naked short selling were going after ! "
Posts: 5203 Ameritrades Response « Thread started on: Today at 9:44pm »
-------------------------------------------------------------------------------- Unbelievable-- They say they are trying to protect me as a client to allow me to get out of a position.. I ask her who is scooping up the shares and she said the MM's are scooping them up. I ask her why the MM's want the shares and she said she did not know, but knight is one of them.
she was getting pretty shaken up when i persited on the buyer! I told her that I had a right to know who my orders were being routed to, She eventually had no other choice but to tell me who the buyers were. I ask her how the market makers were making a market if i couldn't buy shares off the market but only sell them? she said that knight, Shwab and others were buying them back.
I aks her how come they get preference to buy shares but I couldn't? She said Ameritrade is giving me a chance to get out of the security.
I ask her when did Ameritrade decide to give me inside information? she said ___________
I said , if you are allowing me to get out of a bad situation before I know that theres a bad situation then thats inside information, right ? she said ______________
She could not tell me anything except that the MM's were buying them back.
I think we are seeing a cover ladies and gents...
Them scoundrels.
Posted by will on :
So, the cover happened at .0000 / .0002 ? Urban issued another 97B ? These were sold to the MM's at .XX, and showed on streamers at .0000 to .0002 today? ..and come Saturday there will be a PR telling you this? .... or offering you .xx for your shares? Man-o-man, lot of speculation, complicated specualtion going on here.
Posted by dwman on :
The above re-post by legaleagle clears alot up for me. One illegal activity does not require a very large step from another. IMO This needs to be copied and pasted into a letter to Senator Bennet, the chair of Banking Committee.
Posted by dwman on :
quote:Originally posted by will: So, the cover happened at .0000 / .0002 ? Urban issued another 97B ? These were sold to the MM's at .XX, and showed on streamers at .0000 to .0002 today? ..and come Saturday there will be a PR telling you this? .... or offering you .xx for your shares? Man-o-man, lot of speculation, complicated specualtion going on here.
I may be completely wrong will but I believe we are talking apples and oranges. My understanding, albeit possibly wrong, is that in a buy-in, the broker and mms must find certs for shares that have been requested no matter how much they cost. In the meantime, you and I can continue to buy electronic shares at .0001 and .0002. This gives me some measure of pleasure. note the "measure of pleasure". LOL
Posted by will on :
...and how does this "measure of pleasure" translate into a "measure of treasure", for shareholders?
Posted by dwman on :
Well, we shall have to wait and see. One thing I have become very proficient at is the art of waiting for something to happen. Posted by Ric on :
I have heard so many lies from these pump boards, why should I believe this.
Posted by will on :
I don't know if one could call them lies. I think things happen and people work backwards from the happening with assumptions to support their position. It's just with CMKX it is seemingly easier to assume the negative than it is to stretch the facts and imagination to the positive. It's sorta like Nostradomis, after the thing happens some obscure reference is found in his writings to support it.
Posted by Ric on :
I do think it is funny how these people claimed to be buying up more shares since hault lifted and now all the sudden they can't buy. roflmao
Posted by dwman on :
I'm not sure I understand what you are saying Ric. Nevertheless, goodnight Ric. Goodnight Will. Goodnight Legal. Goodnight Wallace. Goodnight Up. Goodnight Johnboy. Goodnight all.
Posted by dwman on :
Goodnight bill. Where's doc? goodnight doc.
Posted by ed19363 on :
Man this is getting WAY over my head....just give me the .54 a share, and I'll leave quietly.
Posted by will on :
OH, You leave alright, and it might be with 54 cents if you're lucky, just 54 cents, and I don't mean 54 cents a share. Most probably you will leave, or be left, I should say, with nada.
quote:Originally posted by ed19363: Man this is getting WAY over my head....just give me the .54 a share, and I'll leave quietly.
Posted by Upside on :
It's way over everyones head Ed, including those promoting it. It's the latest and greatest cooked up rumor that will not come to pass.
Posted by will on :
"will not come to pass. "
.....and what do you base that on?
Surely not the 20 to 50 theories, dates, and fantasies that have been predicted and not yet materialized?
Posted by Upside on :
If it were only 20 or 50 theories I might lend it some credence but a new one has been coming out seemingly every day for the last year.
Posted by will on :
Do you have a clear understanding of how the 97B, Urban, the MM's, the DTC, The SHO, and a buy out are all woven together to translate to shareholder's benefit?
Posted by Highwaychild on :
quote:Originally posted by will: Whatever it is, it sure is complicated, and I think a real reach. It did have 30 some billion day in December, didn't it? Companies just don't have the latitude and the power the faithful give to CMKX. Especially a company with 703B O/S trading at .0001 / .0002. Sorry, still not buying it.
It's kinda like bull-in-the-ring,numbers and theories coming at you from every direction,got to be ready.LOL
Posted by Upside on :
Originally posted by Will:
quote:Do you have a clear understanding of how the 97B, Urban, the MM's, the DTC, The SHO, and a buy out are all woven together to translate to shareholder's benefit?
They're not. As I said earlier, I take these things at face value. I believe they're being investigated for the reasons the SEC stated, I believe 700+ billion shares have been sold into the market and I believe these huge volume days are investors ridding themselves of their shares at any cost. That all makes sense while none of these convoluted theories do.
Posted by will on :
Well, noah's two day's sales almost add up to the 97B. Isn't a possibility? Still I don't understand how that benefits the shareholder. Guess we're not going to have a clear explanation, until CMKX makes the .54 buyout offer.
Posted by Ric on :
I am sorry, I thought you were talking about how they have turned that story into cmkx now on the other boards. They claim they can't buy shares now, roflmao.
YOU KNOW WHAT I THINK, is since volume was down today they want people to test and see if they can buy tomorrow. Now what a scam.
quote:Originally posted by dwman: I'm not sure I understand what you are saying Ric. Nevertheless, goodnight Ric. Goodnight Will. Goodnight Legal. Goodnight Wallace. Goodnight Up. Goodnight Johnboy. Goodnight all.
Posted by Upside on :
Originally posted by Will:
quote:Well, noah's two day's sales almost add up to the 97B. Isn't a possibility? Still I don't understand how that benefits the shareholder. Guess we're not going to have a clear explanation, until CMKX makes the .54 buyout offer.
So, of the 400 - 700 billion shares that are in shareholders hands, the owners of 97 billion of them got smart over the last two days? Isn't that a more likely scenario?
Posted by Highwaychild on :
The CITIGROUP sponsorship is puzzling.CMKX has had Pledge,Lucas oil,Goodyear,ect...they could of had alot of other sponsors,why citigroup?
Posted by Ric on :
Because most cars have more then one sponsor. Your a real loser if you don't have a few big time stickers on your car somewhere. Shoot Jeff Gordons Dupont has pepsi as a big name but smaller sticker. Does that mean I need to buy Dupont because this has to mean they have a deal with Pepsi
Posted by Dustoff101 on :
If you can't sell at .0001 on a limit order , what happen's on a market order?
Posted by Ric on :
It could sell for .0000x
Posted by Upside on :
originally posted by Higwaychild:
quote:The CITIGROUP sponsorship is puzzling.CMKX has had Pledge,Lucas oil,Goodyear,ect...they could of had alot of other sponsors,why citigroup?
Which car does everyone at the races know about? If you wanted to get the most bang for your publicity buck, whose car are you going to want your sticker on?
Posted by Highwaychild on :
Ric,If Dupont was .0001 I would say yes.LOL!
Posted by will on :
Say it isn't true, that these shares aren't being sold by shareholders. That Urban did make a deal with the SEC, DTC, MM's. They paid him a premium to deliver, via issuing another 97B, making the O/S 800B now. Through one of these regulatory agencies Urban and Iron Bob now have these monies, (an unknown amount), seeing we don't know the amount of the settlement. So, now let's say they got enough to give each 703B shares .54, that means they would have to have gotten 7.247 X .54 ($3.91 ea share), to distribute to the 703B O/S, or 8.247 .54, ($4.45 ea share), to distribute to the new O/S. Some deal, isn't it? I'd call that "the deal" , fullfillment of the "Master Plan".
Posted by Highwaychild on :
And the Trader Show???Dustoff...talk about popping some popcorn,I'll eat some with ya when that comes on, but I bet it won't be as good as Wallace and Legal...lol
Posted by Highwaychild on :
quote:Originally posted by Upside: originally posted by Higwaychild: QUOTE]Which car does everyone at the races know about? If you wanted to get the most bang for your publicity buck, whose car are you going to want your sticker on?
Both of them!
Posted by Upside on :
The way I figure it is that anytime I can afford to buy a million + of anything, it's basically worthless. Think about it, what can you actually afford buy a million of? Toothpicks maybe? How are you going to get rich off of them? You're not. Same story here.
Posted by Highwaychild on :
Well if you own some of the toothpick factory... Just kidding,take care all early day tomorrow.
Posted by Ric on :
I just bought a 100 toothpicks at dollar store. So you can afford it but the toothpicks will still cost you more.
Posted by Upside on :
Originally posted by Highwaychild:
quote:Both of them!
Right. CMKX gets a decent buck from Citibank and at the same time it gives false credibility to them
Posted by will on :
Not so fast there, UpMan, this is CMKX, they have the power to negotiate directly with regulatory agencies, and make deals worth hundreds of billions of dollars. Maybe the faithful have the decimal point in the wrong place on that .54, so .054 be tens of billions of dollars, or .0054, worth only billions of dollars, or .00054 worth only hundreds of millions, or .000054.........you got the idea.
Posted by Highwaychild on :
Up,If it is as plain as that,I guess so... if there is a gray area, I don't know.
Posted by Upside on :
originally posted by Ric:
quote:I just bought a 100 toothpicks at dollar store. So you can afford it but the toothpicks will still cost you more.
Not good. Thats .01 per pick. Gotta get it down to .0001 per pick to make any money.
Posted by will on :
I just hope some of the faithful can see how silly their theories, arguements, and fantasies really are when you put real numbers to this nonsense they spew.
Posted by Dustoff101 on :
.75=1 box of 750 toothpicks. each toothpick is worth .001 I will take 1 toothpick all day long compared to 1 shr of CMKX.
Posted by Upside on :
I dont know Highway. You know, I vowed never to post like this again on this thread but this is a company that is one step away from being revoked and many, many people are going to get hurt real bad when it happens. Yet amidst all of this devastating news people are trying to reasure themselves and yes, rope others into buying it, by coming up with these outlandish theories about how this is the best thing that's happened. It's not! This company is on it's death bed and the feeding tube is going to be pinched off real soon.
Posted by will on :
LOOK AT THE NUMBERS !!!!
JUST THE 703B O/S IS ENOUGH TO TELL YOU THERE ISN'T ANY HOPE !
SOBER UP!
Posted by Upside on :
Remember, until you see it in the official company dissolution statement, dont believe it.
Posted by Dustoff101 on :
I hold 600k shrs ,,but I lost thousands $$$$$ coming down to a hold position at 600k. plus I hold 318156 shrs of CMKM...This mess has hurt us financially. I am getting the money back slowly...I have to pat myself on the back becouse this mess sure did make a shrewed trader out of me.. I finnally have real confidence in how I trade..I can't help being a glass half full kind of guy.
My wife and I have learned to face life's disappiontments and hardships [ and their have been many ] with humor and prayer. Im not saying it makes things easy ,,, it just makes things better in the long haul.
Posted by Wallace#1 on :
quote:Originally posted by Dustoff101: .75=1 box of 750 toothpicks. each toothpick is worth .001 I will take 1 toothpick all day long compared to 1 shr of CMKX.
That really brings it all down to reality, doesn't it? One toothpick is worth a hell of a lot more that 1 share of CMKX!! And the faithful think CMKX is the greatest stock on earth while they throw away every toothpick they use.
Good night all.
Posted by will on :
There is nothing humorous about this. The management of this company looked out for themselves, and don't care about the shareholder. They mismanaged shareholder's money, and betrayed their trust. IMO They paid some double talking pumpers in free shares who hooked a bunch of rabid believers. These guys worked every angle they could to build a rabid base of believers. These believers attracted and influenced others, and are in so deep they sold their conscious, and refuse to recognize reality.
Posted by Dustoff101 on :
One last post for me tonight,this sure was a good debate tonight...personally I learned plenty.
goodnight all and good trading to ya'll tomorrow.
Posted by Upside on :
There's a guy who posts here named Lanebro or Leardon, I can't remember which but he summed it up best. He said that Urban was a genius because he managed to tap into blue collar America and get them to invest in CMKX. Now I'm not knocking anyone or their occupation but that is a very true statement. People who had never invested or had limited experience saw "Got CMKX" plastered all over everything at the races, did a bit of research on internet boards, found stories of untold riches that could be bought for as little as 100 dollars and they bought into it. Some bought into it in a very big way that goes well beyond any form of responsible investing. Now what? They see their "make me rich" stock on the brink of disappearing. That's the story of Urban. A man who took the liberal laws of Nevada and abused them to an unimaginable level and then became very wealthy off of people he knew damn well would buy into his scheme and could least afford it. That's a person who deserves hero worship? Not from me, sorry.
Posted by legaleagle on :
How much twisting of the facts does it require to believe that in the past two days that regular shareholders bought 100 billion shares of a company coming off of suspension and facing a SEC inquiry. Over the thirteen trading hours that would mean people had to buy at the rate of 2,136,752 shares per second. Yesterday, I watched the Level II as the buying phenomenom occured. Between 2:30 and 4:00 pm e.t., 56 billion shares traded. That means shares were being consumed at the rate of 5,185,185 shares per second. That would require, not the insanity of a few, but mass hysteria.
But halfway through that run several brokerages including Ameritrade, cut off buying for their members. Yet L2 continued to spin like a slot machine until closing.
There was no secrecy in any of this. The brokerages publicly announced to callers that they had been asked to stop the retail buying by the Market Makers. Why would the MM's want to stop retail buying? Because they only had a little time left to buy the remaining shares for themselves to cover their NS positions.
If my suspicions are true, that all of the real shares issued out of the treasury have been consumed, then more brokerages should begin denying their retail buyers access to this stock as the day progresses. Or CMKX will announce a voluntary halt pending news.
Stay tuned.
Posted by ed19363 on :
News?? Now that I could stand to see. News !!! What a unique thing to happen.....
Posted by dwman on :
quote:Originally posted by will: I just hope some of the faithful can see how silly their theories, arguements, and fantasies really are when you put real numbers to this nonsense they spew.
Will, I've tole you and tole you... the faithful in Texas carry that much around in our coin purse...ooops what will upside make of my purse?lol
Posted by Dustoff101 on :
dwman...quote] I've tole you and tole you??????
hey dude are u uzinG mY dIcTiNaRy..
Posted by Upside on :
Dwman with a purse and Will in a sundress. Boy, I've gotta find some new friends!
Posted by legaleagle on :
ANOTHER ANDY PHONE CALL
ANDY CALL FROM CMKX.NET (Read 727 times)
tomvlasic Diamond Hunter
member is offline
Posts: 19 ANDY CALL FROM CMKX.NET « Thread started on: Today at 1:05pm »
Joined: 30 Sep 2004 Posts: 936 Location: San Antonio, TX
Well, I made my first call to our IR person, Andy Hill just now. I didn't expect to get through, and didn't the first three times I tried,but the fourth try the phone rang and he actually answered.
We only talked for about 5 minutes or so, but I was very impressed with his friendliness and patience. I started out by telling him I was a shareholder and I was "skeered" and wanted him to make me feel better. He chuckled and asked my how many shares and how much did I pay, so I told him. And then I asked him about why Ameritrade wasn't taking my buy orders anymore and he asked me if I had talked to them. Fortunately, I had just got off the phone with them, and I told him what they said to me, which was that it wasn't their decision to not accept buy orders. It was the MM's decision and if they weren't making a market for the stock, they couldn't do anything about it.
Andy started laughing out loud when I told him that and then he said that he had spoken to Urban for 30 minutes on Friday and that Urban had made up a little jingle when they were joking around....it goes:
"If you're in, you win. If you're in doubt, get out."
I thought it was funny and then Andy got serious and said that when all is over, we would probably never know the whole story of what was going on behind the scenes, that it was big. And that everything was being done for the good of the shareholders and that if I could just have a little more faith, it would be rewarded, even though he knew it was very frustrating. I asked him "Can we beat them?" and he said "YES!!!"
So, even though I didn't get any real information, I DID come away feeling MUCH better, and I got the feeling that we are in a HUGE battle with some big boys and that WE CAN WIN and WE WILL WIN.
Lastly, Andy cautioned me not to believe ANYTHING posted on any internet boards, that I should only believe things that come straight from the company.
LONG AND STRONG!!!!!!!!!!!!!!
Posted by ed19363 on :
The problem is that NOTHING is coming straight from the company. I would love to believe in CMKX, but due to the severe lack of PRs or news from CMKX, it's darn near impossible. Somebody ought to talk to Andy or Urban and tell them to get off the pot and tell us what is going on. Bet that would stop half the posting on these boards.
Posted by Upside on :
quote:Lastly, Andy cautioned me not to believe ANYTHING posted on any internet boards, that I should only believe things that come straight from the company.
However, we are to believe her post. LOL Guess she meant don't believe things that are not positive, and don't comfort you when your "skeered". Sounds like she heard Andy say, "only believe the things you want to hear", and by the way, dear, that's what they pay me for, to tell you those comforting things, now run along and don't be skeered no more, Urban and Iron Bob are gonna beat up the big bad wolf.
quote:Originally posted by Upside:
quote:Lastly, Andy cautioned me not to believe ANYTHING posted on any internet boards, that I should only believe things that come straight from the company.
Ok Andy.
Posted by legaleagle on :
quote:Originally posted by will: However, we are to believe her post. LOL Guess she meant don't believe things that are not positive, and don't comfort you when your "skeered". Sounds like she heard Andy say, "only believe the things you want to hear", and by the way, dear, that's what they pay me for, to tell you those comforting things, now run along and don't be skeered no more, Urban and Iron Bob are gonna beat up the big bad wolf.
quote:Originally posted by Upside:
quote:Lastly, Andy cautioned me not to believe ANYTHING posted on any internet boards, that I should only believe things that come straight from the company.
Ok Andy.
Will he welcomes calls from any shareholder.......Oh yeah that's right.
Posted by Ric on :
These people that say that there is a buyout for .10 a share. That’s 70 billion dollars. I am glad that I missed the notice where you had to get a lobotomy to buy this stock.
Posted by will on :
That was my point yesterday, Ric. These people are talking about a .61, .54, .48, .10, buy out. They also added another 97B to the Issued and Outstanding, (according to noah). They're talking about a piss ant, .0001, previously suspended, under investigation, possible revocation, company, paying shareholders hundreds of billions of dollars, or at least tens of billions of dollars. Doesn't sound right to me, maybe to them it makes sense. At this point, these guys are negotiating for their skins not dollars.
quote:Originally posted by Ric: These people that say that there is a buyout for .10 a share. That’s 70 billion dollars. I am glad that I missed the notice where you had to get a lobotomy to buy this stock.
Posted by legaleagle on :
will, it's your choice to ridicule people who set pps for the settlment amount. They don't know, and neither do I. That's why I don't speculate on a price per share. But the rest of that you got right. And IMO Urban also added some or all of his certed shares to sweeten the pot. You see it's not the "piss ant" company that is going to pay billions it is now the "pissed on" MMs and hedge funds who are going to pay it to legitimize their naked shorts.
The suspension of CMKX was necessary to cease trading while an accurate count of NS shares could be made, and to place CMKX on the "greys" where the MM's could work their "magic" out of sight of the investor public.
And work it they are, another 21 billion shares today (but the numbers differ considerably from tracker to tracker) with a VWAP of .1189 per share.
Shareholders attempting to trade today reported the closing of more brokerages to buyers. Now, Ameritrade, Freetrade, E-Trade, and Scottrade, that I have heard of. All, only allowing sales on request from their Market Makers. If you are covering naked shares, it's pretty sweet to eliminate the buying public, killing a free market, while you replace your fraudulent shares at less that .0001 all under the cover of the darkness of the "greys". But it looks like the shares are running out and the party is about over. All in my opinion.
Shhhhhh.......listen..........can you hear it?
Here it comes....
[ March 23, 2005, 20:04: Message edited by: legaleagle ]
Posted by bmarley5780 on :
has anyone been able to sell at .0001 ?
I have a sell order in at .0001 and it is still open!!!!!
Posted by legaleagle on :
Here it comes
Posted by legaleagle on :
quote:Originally posted by bmarley5780: has anyone been able to sell at .0001 ?
I have a sell order in at .0001 and it is still open!!!!!
Probably not bmarley. They were trading between .00004 and .00008.
Posted by bmarley5780 on :
what seriuosly!!!
then what are all the 0001's goin thru on l2?
Posted by vman on :
quote:Originally posted by Ric: I am sorry, I thought you were talking about how they have turned that story into cmkx now on the other boards. They claim they can't buy shares now, roflmao.
YOU KNOW WHAT I THINK, is since volume was down today they want people to test and see if they can buy tomorrow. Now what a scam.
quote:Originally posted by dwman: I'm not sure I understand what you are saying Ric. Nevertheless, goodnight Ric. Goodnight Will. Goodnight Legal. Goodnight Wallace. Goodnight Up. Goodnight Johnboy. Goodnight all.
Posted by vman on :
quote:Originally posted by Ric: I am sorry, I thought you were talking about how they have turned that story into cmkx now on the other boards. They claim they can't buy shares now, roflmao.
YOU KNOW WHAT I THINK, is since volume was down today they want people to test and see if they can buy tomorrow. Now what a scam.
quote:Originally posted by dwman: I'm not sure I understand what you are saying Ric. Nevertheless, goodnight Ric. Goodnight Will. Goodnight Legal. Goodnight Wallace. Goodnight Up. Goodnight Johnboy. Goodnight all.
Whoops, I hit the enter key too fast that last time lol.
I'm not a Kool-Aid drinker on this stock. I'm skeptical and not one to trust in things too much. With that said let me say the following:
All this talk of liquidation of CMKX to cover outstanding/owed account fees made me worried. I just called Ameritrade to verify that I do not owe anything and that there is no reason any stocks in my portfolio will be liquidated. I did express my concern that I have heard various investors have had this happen to them; however, I did not mention CMKX by name. The representative said that I do not owe anything and there is no reason for anything to be liquidated in my account. They said some account holders have had shares liquidated and Ameritrade has a right to do that when they owe fees etc. Then they said: I see you have CMKX but that the only thing showing up on that is that they are not accepting opening positions, you can sell but you cannot buy. I DID NOT ASK FOR THIS INFO. It seems she has been used to saying this to CMKX shareholders. People are not making this up.
Assume that I am not lying about this..If I'm not, what could this mean. I only want to hear from those who believe strongly that this stock is a scam.
Posted by will on :
"will, it's your choice to ridicule people who set pps for the settlment amount. They don't know, and neither do I. That's why I don't speculate on a price per share. But the rest of that you got right."
"ridicule" ? I'm just telling you what some posters have been speculating. There's no ridicule, at least not by me, maybe they're embarrassed when they extend those buy out prices over the O/S? Hundreds or tens of bliions of dollars aren't just tossed around like nickels. Speculation of that proportion doesn't have to be ridiculed. I think any sound minded person with third grade math skills can see how preposterous, and open to ridicule anyone making those claims would be.
Posted by legaleagle on :
quote:Originally posted by bmarley5780: what seriuosly!!!
then what are all the 0001's goin thru on l2?
Anything .00005 to .0001 is rounded up to .0001
The .00s we were seeing yesterday were trades under .00004
Posted by legaleagle on :
From that board we can't name.
bluediamonds Global Moderator
member is offline
Gender: Posts: 2617 zen on jay_abode & BRACE YOURSELF « Thread started on: Today at 7:32pm »
-------------------------------------------------------------------------------- zen on jay_abode & BRACE YOURSELF
Posted by: zeninvestor32 In reply to: None Date:3/23/2005 12:24:54 PM Post #of 37339
FASCINATING (BUT COMPLEX)
I really don't know where this Jay_Adobe came from but I have never claimed to be an expert and am very willing to learn even more about the market. He is providing some very interesting fuel for thought. This whole vwap and "riskless" transaction stuff is new to me. My guess, however, is that cmkx is in a unique enough situation that perhaps it is being used simply out of emergency's sake. But then again, I wouldn't be surprised if it were a fundamental part of manipulation overall. Who knows. What I do find odd is that following the suspension, this information suddenly appears. It seems logical to me that somewhere these transactions are appearing but invisible to us while very visible to those on the inside.
Lines like this really make me wonder just what the __ is going on:
"NASD rules do not prohibit Market Makers from reporting trades at two different prices of what essentially is a riskless principal trade, assuming of course the Market Maker is complying with best execution obligations."
Read that and more at this link provided by Jay_Adobe:
Jay_Adobe, whoever you are, please keep posting. At the very least, I'm learning some new things. If they happen to be true, then perhaps the first realistic explanation of all the BS we've seen for 7 months now at .0001 could be coming to light. Thanks again.
Z
As always, these are my personal opinions.
Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.
Posted by: zeninvestor32 In reply to: None Date:3/23/2005 2:59:27 PM Post #of 37339
BRACE YOURSELF
In my opinion, there will be a final attack orchestrated on longs. IMO the stock is pinned at .0001 and the attack will be a final effort to scrounge up whatever shares in weak hands remains. All just my opinion but it seems the tide is turning based on the mysterious info coming to light about VWAP and "riskless" trades. That having been said, if this is really the heavyweight fight we suspect, there may continue to be one final assault. I don't know where it will come from (I mean, hey, this vwap thing came out of nowhere) so just be ready. I truly believe that they will not give up until the very bitter end. Perhaps another smear article? Perhaps the SEC issues another "litigation release". Perhaps it's some sudden coordination of a class action lawsuit against Urban. I just don't know. But somehow, some way, I just feel like there will be yet another round of pain to endure before the pot at the end of the rainbow. Every time there's been hope in the past, it seems somehow a dark cloud ALWAYS surfaces quickly. I'm hoping the last SEC release re: admin hearing was truly the last hard-hitting item and that we have finally truly turned the corner. But I never will trust that this is over until I have cash in my account. We shall see.
Z
As always, these are my personal opinions.
Posted by legaleagle on :
ALSO FROM THAT OTHER BOARD. SEEMS THEY ARE TRYING ANYTHING TO GET THEIR HANDS ON CMKX SHARES. HIT WITH A MONTHLY FEE AND THEN LIQUIDATE YOUR ACCOUNT TO COVER A $10 OR $20 FEE. REALLY NICE.
madmaan God of Diamonds
member is offline
Urban has Diamonds, And gold, don't forget uranium, and zinc too
Gender: Posts: 1900 Those bass terds! « Thread started on: Today at 7:20pm »
-------------------------------------------------------------------------------- I am peed i have two ameritrade accounts one had 8 millon shares for my kids, they liquidated it, Whithout giving me warning, they always gave warning before.. Thats BS..
Posted by will on :
So, the MM's are covering with the additional 97B shares Urban issued, plus weak hands selling @ .0001. They are covering @.0001 or less. What did the MM's pay for the 97B that Urban issued? Do you know that? Do you expect he will give a you a cash dividend for that amount divided for 703B? The volume today was ??? Monday's and Tuesday's volume was 100B, or slightly more? So, the additional issue of 97B plus weak hands should be exhausted, and tomorrow you will see "the squeze of the century", begin? Do I have it right now?
Posted by vman on :
quote:Originally posted by will: So, the MM's are covering with the additional 97B shares Urban issued, plus weak hands selling @ .0001. They are covering @.0001 or less. What did the MM's pay for the 97B that Urban issued? Do you know that? Do you expect he will give a you a cash dividend for that amount divided for 703B? The volume today was ??? Monday's and Tuesday's volume was 100B, or slightly more? So, the additional issue of 97B plus weak hands should be exhausted, and tomorrow you will see "the squeze of the century", begin? Do I have it right now?
I don't know...is this referring to my post or legal's? If it's mine, I'm just suggesting something is a bit odd and it seems like something fraudulous, and not on the part of the company..
I just want to hear a flip-side argument that would account for the one-sided trading being allowed at Ameritrade.
Posted by will on :
It's not referring to anyone's post in particular. It's is asking legimtimate questions about the theory of the last few days trading and speculation that the naked shorting is being covered and how it has been done, and what can be expected next.
Regarding buying. I use Freetrade. I am not inclined to buy CMKX. So I have no idea why Ameritrade isn't taking buy orders. Did you ask them while you were talking with them?
Posted by Upside on :
quote:I just want to hear a flip-side argument that would account for the one-sided trading being allowed at Ameritrade.
What's wrong with Ameritrades explanation? They recognize the stock is on the brink of revocation and are not allowing buys. They'll tell you it's to protect the investor but it's probably to protect Ameritrade from any frivilous lawsuits brought on by outraged shareholders when the stock is revoked. Why is that so hard to believe? Why is any of the issues staring us right in the face so hard to believe? The company did a horrible wrong to a lot of people, they're now under investigation for it, and will probably be shut down because of it. It's the only real explanation that I can see. Anything else involves conspiracy theorys, clandestine meetings, and back door secret deals that are the stuff of fantasy.
Posted by vman on :
I don't want to speculate on buy-outs etc.. Since there are 700B shares, simple math dictates $$ of epic proportion would have to be coughed up to pay investors off etc... I take little stock (no pun intended) in these theories, particularly when numbers are thrown around.
I do however, stand by the fact that Ameritrade is only allowing one-sided trading (no buying, only selling). They told me this. I don't know how to explain that without going to one of two theories.
1.) MMs are trying to force all sales on the market into their possession but instructing Ameritrade, Scottrade, whoevertrade to not sell CMKX to customers.
2.) Ameritrade sees something to be fraudlent about the sale of CMKX to investors, and is trying to prevent themselves from being part of the scam (if this could be a concern I dont know, I'm not a lawyer). I guess this scam need not be naked shorting, but indeed could be the company. However, I would think Ameritrade would be more concerned for itself if it were naked shorting.
Still curious for the unbeliever's take on this.
Posted by vman on :
thanks Upside
Posted by will on :
"I would think Ameritrade would be more concerned for itself if it were naked shorting."
Why would NS be a concern of Ameritrade?
Posted by glassman on :
Scottrade halted buying of CMKX about a year ago....
the others were just slow to catch on IMO...
it s not in the interest of a brokerage house to "hold" bad paper
think of it like the bank...they don't want it on the books....
Posted by vman on :
quote:Originally posted by will: "I would think Ameritrade would be more concerned for itself if it were naked shorting."
Why would NS be a concern of Ameritrade?
If they would be aware of it, ie. if their books indicate that too many shares have been sold to the public than the O/S permits, they could feel that they are partially responsible for the naked shorting. Again, I'm not a lawyer. I don't know what ramifications there are if this were the case. And yes it is alot of postulating. I like Upside's take on shareholder lawsuits. I guess, even if they can't be held responsible for the company's wrongdoing, they would like to avoid as much shareholder dissatisfaction as possible.
Posted by Dustoff101 on :
Time for my 2 cents again...I am begining to wonder if this thing got away from U/C and crew.
I don't think we're dealing with some master mind of stock fraud,it could be these guys were guzzling beer in a Tavern and they hatched some screw-ball idea,that flew....Look at some of the stuff we come up around here, sobber.
So I guess somebody is going have to get there Buddys [[[ which have a sense of humor ]]] and go to a tavern, get drunk, tape it, and then maybe we can figure what really did happen!!
This very well could be why none of the egg heads around here can figure this thing out. They are over thinking this thing.
As far as figuring out the Brokers, heck those guys are into they're third drink by the close. maybe thats why they understand this thing.
Posted by will on :
"If they would be aware of it, ie. if their books indicate that too many shares have been sold to the public than the O/S permits, they could feel that they are partially responsible for the naked shorting."
I don't think they could or would every be aware with an O/S of 703B.
Posted by Ric on :
I say it again. Were was this koolaid when I was dating. Couple of questions and I know that I will regret asking them. Why hasn't UC came out and give any hope for investors? If this was a NSS play I would think UC would come out and say hold your shares they are short and someone will pay. Before SEC doesn't count, because we know that all past PR's are questionable. Also Why has they SEC showed its hand if its in with the MM'S. All they had to do was talk to them before all this and tell them to cover. If the halt was to verify NSS then why do a administration proceedings. See previous. Last 703 billion o/s.
As a result of the foregoing, CMKM Diamonds has failed to comply with Section 13(a) of the Exchange Act and Rules 13a-1 and 13a-13 thereunder.
After an investigation, the Division of Enforcement alleges that: A. RESPONDENT 1. CMKM Diamonds, Inc. (File No. 0-26919) is a Nevada corporation based in Las Vegas, Nevada. CMKM Diamonds’ common stock is registered under Section 12(g) of the Exchange Act. CMKM Diamonds is required to file reports pursuant to Section 13(a) of the Exchange Act. B. CMKM DIAMONDS IS DELINQUENT IN ITS PERIODIC FILINGS 2. Section 13(a) of the Exchange Act and the rules promulgated thereunder require issuers of securities registered pursuant to Section 12 of the Exchange Act to file with the Commission current and accurate information in periodic reports, even if the registration is voluntary under Section 12(g). Specifically, Rule 13a-1 requires issuers to file annual reports 2 (Forms 10-K or 10-KSB), and Rule 13a-13 requires issuers to file quarterly reports (Forms 10-Q or 10-QSB). 3. CMKM Diamonds has not filed an Annual Report on either Form 10-K or Form 10-KSB since May 9, 2002, or quarterly reports on either Form 10-Q or Form 10-QSB since November 18, 2002. 4. On July 23, 2003, CMKM Diamonds filed a Form 15 (“Original Form 15”), signed by CMKM Diamonds’ president, indicating that it had approximately 300 holders of record and that it was terminating its registration, and hence its reporting obligations, pursuant to Rule 12g-4(a)(1)(i) under the Exchange Act. Rule 12g-4(a)(1)(i) provides that an issuer with less than 300 holders of record may terminate the registration of its securities. 5. On February 17, 2005, CMKM Diamonds filed an Amended Form 15, also signed by CMKM Diamonds’ president. In the Amended Form 15, CMKM Diamonds stated that it had 698 holders of record when it filed the Original Form 15, that the Original Form 15 was revoked, that Rule 12g-4(a)(1)(i) was inapplicable, and that CMKM Diamonds had reporting obligations under Section 12(g) of the Exchange Act. 6. As a result of the foregoing, CMKM Diamonds has failed to comply with Section 13(a) of the Exchange Act and Rules 13a-1 and 13a-13 thereunder.
[ March 23, 2005, 21:43: Message edited by: Ric ]
Posted by Ric on :
By the way this is normal for Ameritrade on stocks that might be shut down and on grey sheets. And it is up to the broker to carry grey sheets, its not manditory. They stopped buying on USCI at one time. They stopped buying on SCRI before it was shut down and also PBCN ( I think thats the symbol). But its by far not unusual for them. They like to protect there clients even if there clients don't want protecting.
Posted by will on :
Vman: Upside, glassman, and Ric, gave good enough answers to explain away Ameritrade's refusal to take buy orders as far as I am concerned. Sometime people can be taken at face value, not everybody or entity is involved ina CMKX conspiracy.
I am finding it difficukt to understand why people accept conpiracy theories over logic regarding this situation. Why is that? Think it's a matter of desparation, last hope, denial?
Posted by Upside on :
I would guess hope. This stock has had well over a year of wild expactations that were fueled by the company and a whole lot of people got caught up in it. Can't blame someone for wanting to own that one stock that changes their lives but when reality is finally staring you in the face, it's time to give up. A lot of the past disappointments were easy to shrug off as the company would issue some new "to the moon" p/r or statement but now it's different. They're potentially looking at a remaining lifespan of 4 months tops, you'd think most would call it quits.
Posted by Wallace#1 on :
There are some things for all of you to bear in mind.
First, is the requirement that a broker provide a buyer with all relevant information so as to protect both the buyer and the client. Under the circumstances what broker knows what the hell the information is.
Second, is the fact that brokers are not going to play patsy with shares like CMKX at this stage of the game. They are out to protect themselves from litigation. Maybe a stockholder cannot get money out of UC, CMKX et al, but they could theoretically go after brokers who did not abide by the rules of disclosure. Too much time and trouble for brokers to provide such info. With CMKX under SEC investigation you can bet they are going by the book at brokerage houses.
I can see no way brokers would be liquidating accounts to accommodate MMs or other brokers. Too dangerous for them to do so with CMKX and UC on page one with the SEC. If they are doing so, it must be for other reasons.
Posted by will on :
......and we have all these complicated conspiracy theories, when logic and common sense are readily apparent.
Posted by Upside on :
Logic and common sense do not dictate the beliefs of the CMKX shareholders.
Posted by will on :
You have to give them credit though. They have came up with after the fact theories supported by numbers that sometimes are pretty convincing. So far all have turned out to be wrong and disproved by time and fact, but they sure do talk a good game sometime. Some of the theories are/were alien to anyone with a working brain, (the double short double negative repukification of the pukifaction), but some have been well thought out, and almost believable.
Posted by Upside on :
One good thing that's going to come out of this is that a lot of people have discovered they have fantastic creative writing skills. I'd expect a flood of new fiction novels to hit the stands within the next few months.
Posted by will on :
UpMan, think of the people we have met and read on this thread. Remember back to last Fall when we went to the races, and met some CMKX fanatics in person. I would never consider any of them conmen, or liars. I think they really believe in this company, no one could be so hell bent and sincere if they really didn't believe. It's just amazing how the easiest and most obvious explanation is brushed aside, and replaced with the unbelievable that they can believe in.
Posted by Ric on :
Thats an understatement. As I said in the past. There are JFK conspiracy theoriest going dam thats good.
quote:Originally posted by Upside: One good thing that's going to come out of this is that a lot of people have discovered they have fantastic creative writing skills. I'd expect a flood of new fiction novels to hit the stands within the next few months.
Posted by Wallace#1 on :
Look at it realistically. It's a 1 man management and a 3 man BOD. Just imagine how much production that 1 man team (UC himself) is managing in all those supposedly productive locations. Geeesssuuusssss!! Hell, a driver of a garbage truck probably does more managing.
PS: At least that driver knows where he is going, where he has been and what he is supposed to do while there.
Posted by Upside on :
Will, I'm assuming you're referring to the shareholders that we met that didn't sound like con men. What about Topo, ElCamino, Ron C., George and the rest of the company reps? Oh yeah, can't forget the Green Baron.
Posted by Wallace#1 on :
Has that clown shown up at any races since the interesting party in Vegas? If so, I wonder if he will show up now.
Posted by Upside on :
Which clown Wallace?
Posted by Wallace#1 on :
Bozo, the head clown! And calling him "Bozo" is being nice.
Posted by Wallace#1 on :
Any of you remember that guy, noahltl, telling some of us he was going to contact wonderful, intelligent, all knowing Roger Glenn about the opinions expressed by some of us about him, his law firm, UC and CMKX? It seems they are all hooked on some rusty ole "iron man" now. Maybe that's why we are experiencing lockjaw concerning appropriate releases.
Posted by Upside on :
I don't think he's shown up at too many lately. If he has he's made sure he's hidden away from the shareholders. Can't imagine why.
Posted by Wallace#1 on :
Sack time! Adios!
Posted by Dustoff101 on :
Last summer I was driving on I-5 and one of the CMKX Hummers passed me..I was buying and selling [ making money ] CMKX stock at that time. Somehow it was a reassurance seeing that damn thing...Just a blip in time, but it had an effect on me,,I think greed took over at that very momment,, that was the time period I began accumulating. Remember the dot coms. of a few years back? Average people as well as some big shots ,,, [[Janus Funds ]] made some mighty stupid investments. Wallace,one time you mentioned greed to me,,well,that sparked some conversation around this household. Greed is the killer on Wall Street,but you know that..Maybe you have a little experience on that subject?
I notice comments about learning from all of this, I AGREE...What an education. Many of us we
Posted by Dustoff101 on :
Wallace..my daughter who is traveling through the South Pacific ,,summed this whole thing up. Quote,,Capt. don't you remember what you tought me about GREED. She then began to break out into laughter along with my wife on the other phone...In the words of "dwman" life is good.
Posted by agrimac on :
(BSNS WIRE) CMKM Diamonds Comments On SEC Administrative Proceeding CMKM Diamonds Comments On SEC Administrative Proceeding
Business Editors / Mining Editors
LAS VEGAS--(BUSINESS WIRE)--March 24, 2005-- On March 16, 2005, the United States Securities and Exchange Commission ("Commission") deemed it in the public interest that a public administrative proceeding be instituted pursuant to Section 12(j) of the Securities Exchange Act of 1934 ("Exchange Act") against CMKM Diamonds, Inc. (Pink Sheets:CMKX) to determine:
-- Whether CMKX is required to file with the Commission current and accurate information in periodic reports under Section 12(g); and
-- Whether CMKX failed to comply with Section 13(a) of the Exchange Act and Rules 13a-1 and 13a-13 thereunder by failing to file required periodic reports.
CMKX, pursuant to the Commission's order has been provided 20 days in which to respond to the allegations in the order. Upon CMKX's filing of a response, a public hearing will be convened at a time and place to be fixed for purposes of taking evidence on the issues set forth in the Commission's order. At the hearing, an administrative law judge will determine whether it is necessary for the "protection of investors" to suspend or revoke the registration of CMKX's securities from the Exchange Act. In accordance with Section 12(g) of the Exchange Act, a company that has total assets exceeding $1,000,0000 and a class of equity securities held of record by 500 or more persons must register the class of securities under the Exchange Act. CMKX (then known as Cyber Mark International Corp.) voluntarily registered its common stock under the Exchange Act in August 1999. Pursuant to Section 12g-4 of the Exchange Act, a company registered under 12g may terminate its registration requirements if the number of stockholders of record is reduced to less than 300. In July 2003, CMKX filed a Form 15 in an attempt to terminate its registration under the Exchange Act. However, this filing contained an error in the stated number of record stockholders, which was discovered by CMKX's new securities counsel in February 2005. "When the error in the Form 15 was brought to the board's attention, it was incumbent upon us to take corrective action, regardless of CMKX's ability to file all delinquent reports within the stated 60-day timeframe. We could not continue to have a clearly inaccurate document filed with the Commission, when we knowingly had more stockholders of record than was stated in the Form 15 filing," stated Robert Maheu, co-chairman of CMKX. On February 17, 2005, CMKX filed an amended Form 15 to revoke the previous filing and reinstate its reporting obligations under the Exchange Act. Management does not believe the filing of the amended Form 15 had anything to do with the Commission's decision to institute the administrative proceeding. CMKX believes that it is required to have its securities registered under Section 12 of the Exchange Act as a result of the number of its stockholders, at least 698 in July 2003 and in excess of 2000 in February 2005. Under the current rule, the number of stockholders is determined by the number of stockholders of record. Although CMKX has securities registered under Section 12 of the Exchange Act, according to the Commission CMKX is delinquent in its filings. "We only want to comply with federal regulations and do what is right for our stockholders. If the Commission deems it in our stockholders best interest to forbid us from providing information through filings with the Commission, we will comply," stated Urban Casavant, president of CMKX. Replying to the Commission's administrative proceeding is a high priority for CMKX's management, which plans to take the following actions. First, CMKX will be providing a response to the Commission within the time set forth in the Commission's order. Second, CMKX acknowledges that all of its stockholders have a right to access public information on CMKX and to that extent, is prepared to present CMKX's response via a public proceeding as ordered by the Commission. Third, CMKX believes it is in the best interest of its stockholders to be informed about the securities in which its stockholders invest. There can be no doubt securities markets best perform their function of setting fair and accurate prices where buyers and sellers have full and complete access to all material information. Recent changes to the federal securities laws mandated by The Sarbanes-Oxley Act have increased the implicit and explicit cost of providing information for reporting companies. Unfortunately, from the time of CMKX's filing of a 14C Information Statement in February 2003, CMKX has not been able to rely on either previous information or current information relating to its financial statements. As a result of its inability to provide accurate information about its financial condition, CMKX has retained the services of individuals who have been promulgated with the task of rebuilding its financial records and providing the public current periodic reports as required by Section 13(a) of the Exchange Act. The implicit costs associated with Sarbanes-Oxley is that current management will not file the required periodic reports until such time as the accuracy of the information required in such reports has been verified, inclusive of the financial aspects of CMKX, stockholders equity reports, and the mining claims and other corporate assets. Although it is CMKX's intention to continue to pursue the effectuation of periodic reports in compliance with Section 13(a) of the Exchange Act, management realizes that the Commission may prevail in suspending the registration of CMKX's securities for a period not exceeding twelve months, or revoking its registration altogether. "Unfortunately management and others involved in CMKX's previous operations were not blessed with the trait of being perfectionists. Past professional guidance has left a void which prevented the Company's ability to prepare complete and accurate periodic reports under Section 12(g) of the Exchange Act," stated Maheu. CMKX's stockholders should realize that among publicly traded securities, two different standards exist for providing disclosures to investors. First, companies with a class of securities registered under Section 12 of the Exchange Act that are current in their obligations as a registrant ("reporting issuers") provide annual, quarterly and periodic reports on Forms 10-KSB, 10-QSB and 8-K, in addition to other reports for small business issuers such as CMKX. The second category contains companies that do not have a class of securities registered under the Exchange Act ("non-reporting companies"). Reporting issues are required to provide their stockholders and the investing public with annual audited financial statements, whereas non-reporting companies do not have to provide their stockholders or the public audited financial statements. Further, companies traded on the Pink Sheets that are not reporting issuers are not required to have audited financial statements in order to continue trading on the Pink Sheets. If the Commission were to suspend or revoke CMKX's registration under the Exchange Act, CMKX would be considered a non-reporting company and would continue to trade on the Pink Sheets. In this event, CMKX intends to provide material information to the public, when available, through press releases and postings to its website. Casavant went on to say, "We are committed to pursuing the corporate cleanup required to allow us to provide periodic reports to our stockholders; however, in the event the SEC determines that a suspension or revocation is in order, then aside from our compliance with such order, we will utilize our best efforts to provide minimum basic information to our stockholders, allowing for CMKX to continue trading on the Pink Sheets." Although CMKX currently anticipates being able to continue to trade on the Pink Sheets regardless of the outcome of the administrative proceeding, it is unclear at this point if the Commission will take further action in an attempt to prevent the trading of CMKX's common stock on the Pink Sheets or any other medium. CMKX is not allowing these regulatory issues to divert management's attention from its primary operational goals of claiming new land and continuing its drilling activities. The future of CMKX lies in the continued development of its assets. Consistent with this statement, Urban Casavant added, "Creating stockholder value is a primary concern to us. We have some very positive operational things happening, both in Canada and in Ecuador, and are extremely optimistic about the future of our operations." In the time preceding the administrative hearing, CMKX intends to continue its development activities and anticipates filing operational updates on Form 8-K, as required, when they become available.
Forward-Looking Statements:
This press release may contain statements that constitute "forward-looking statements" as defined under U.S. federal securities laws describing the reinstatement of CMKX's reporting obligations and the expected impact of these obligations on CMKX's operations. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "establish," "project" and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are based on current expectations and assumptions that are subject to certain risks and uncertainties that could cause actual results to differ materially from CMKX's historical experience and its projections. Such forward-looking statements are inherently uncertain, and actual results may differ from those expressed or implied in the forward-looking statements. Consequently, readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date they are made. CMKX's actual results could differ materially from such forward-looking statements because of factors such as: impact of the results of the administrative hearing on CMKX's stock price; impact of the hearing on CMKX's operations; CMKX's ability to continue to trade on the Pink Sheets; uncertain further regulatory scrutiny; the current state of operations, both in Canada and Ecuador; unavailability of documentation and corporate records; changes in the number of stockholders of record; the impact of failing to meet Exchange Act reporting requirements; the ability to rebuild financial records; timing necessary to comply with reporting requirements; lack of adequate internal controls; unforeseen capital deficiencies; unavailability of insurance; changes in the mining and metals environment, including actions of competitors; the effectiveness of CMKX's development and drilling programs; regulatory and legal changes; and other risks associated with companies in similar industries. CMKX undertakes no obligation to publicly update or revise any forward-looking statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
KEYWORD: NORTH AMERICA NEVADA UNITED STATES INDUSTRY KEYWORD: NATURAL RESOURCES MINING/MINERALS SOURCE: CMKM Diamonds, Inc.
CONTACT INFORMATION: CMKM Diamonds, Inc. Andrew Hill, 306-752-3755 or 877-752-3755 cmkxir@mail.casavantmining.com
*** end of story ***
Posted by wnycowboy on :
I'm going to need another cup of coffee and to re-read this one. I am not sure whether to laugh, or kiss my cash good-bye. Another 20-day wait. IMHO Cowboy.
Posted by Penny-Trader on :
ya that looks promising lol
they are trying to look professional but say they are going to continue the rhetoric if the commission will let them stay on the pinks. lol
i think this train is about to be decommissioned
she should go down in history as the stock scam of the century.
Posted by legaleagle on :
By: jay_adobe 24 Mar 2005, 09:57 AM EST Msg. 864656 of 864725 Jump to msg. # My only post for today. Revocation for one year absolutely locks the shorts in place with no where to go. The dividends we all received are part of the short problem. CIM will IPO within that year. Restrictions for your divi shares will be lifted within that year (and then you would have been able to trade NSS divi shares). UC and IBM are telling everyone that we cannot be revoked if this NSS problem is to go away. Watch for a settlement to occur that will eliminate the NSS problem. PR was a way for UC and IBM to offer face-saving for SEC. SEC cannot be found publicly liable here. IT's too big. We will take the fall, but we will be richly rewarded. Can't say more. Must go. - - - - -
Posted by ed19363 on :
We're done.
Posted by Doctoall on :
quote:Originally posted by ed19363: We're done.
Its time to bury the body, its rotting.
Posted by Pennytrade on :
Cmkx open price 0,0010 ?
Posted by TruthTeller on :
???forbid us from providing information???
what kinda crap is that ------------------------------------- "We only want to comply with federal regulations and do what is right for our stockholders. If the Commission deems it in our stockholders best interest to forbid us from providing information through filings with the Commission, we will comply," stated Urban Casavant, president of CMKX. Replying to the Commission's administrative proceeding is a high priority for CMKX's management, which plans to take the following actions.
Posted by Dustoff101 on :
Yep,,we're done,,,,, till tomorrow, this thing ain't going away, heck with this stock it might just be getting it's sea leg's back again...Stand by for who knows what is next.
Posted by George on :
quote:Originally posted by dwman:
Then they said: I see you have CMKX but that the only thing showing up on that is that they are not accepting opening positions, you can sell but you cannot buy. I DID NOT ASK FOR THIS INFO. It seems she has been used to saying this to CMKX shareholders. People are not making this up.
[/QB][/QUOTE]
Scottrade has it listed as a restricted security for a long time now. It is listed under sell only no buys.
DTSN# GFTX BTYH MLXOV TSFVE IPPLF
Posted by ed19363 on :
quote:Originally posted by TruthTeller: ???forbid us from providing information???
what kinda crap is that ------------------------------------- "We only want to comply with federal regulations and do what is right for our stockholders. If the Commission deems it in our stockholders best interest to forbid us from providing information through filings with the Commission, we will comply," stated Urban Casavant, president of CMKX. Replying to the Commission's administrative proceeding is a high priority for CMKX's management, which plans to take the following actions.
Does this mean what I think it means?? The SEC is telling CMKX they are not allowed to give info to shareholders????? WTF?? Can they do that??
Posted by Upside on :
It reads like an admission of guilt. Revocation is coming and they know it.
Posted by bill1352 on :
Consistent with this statement, Urban Casavant added, "Creating stockholder value is a primary concern to us. We have some very positive operational things happening, both in Canada and in Ecuador, and are extremely optimistic about the future of our operations." =======================
thats all you need to read. then explain how pumping 703 billion shares into the market helps shareholder value.
------------------------------
This press release may contain statements that constitute "forward-looking statements"
===================
Although CMKX currently anticipates being able to continue to trade on the Pink Sheets regardless of the outcome of the administrative proceeding, it is unclear at this point if the Commission will take further action in an attempt to prevent the trading of CMKX's common stock on the Pink Sheets or any other medium.
========================================== i'd call that the forward looking statement
Posted by TruthTeller on :
Upside, Is your post above is an answer to Ed's post?
Posted by Upside on :
Originally posted by TruthTeller:
quote:Upside, Is your post above is an answer to Ed's post?
Nope, just a statement. The quote from Urban that Ed referenced can be viewed many ways and it'll be the one that everyone latches on to in order to spin this in a positive way. I'd be willing to bet that before the end of today there will be talk of a "gag order" issued to CMKX by the SEC so as not to disclose the naked short position and what not.
My take on it is that Urban is saying if the SEC decides to revoke them they are no longer under obligation to file and he will comply by not disclosing anything. He's blaming the SEC for his lack of disclosure.
Posted by Dustoff101 on :
A person has to remember anything U/C says right now is probably the words of legal council.
Posted by bill1352 on :
i hope they let it stay on the pinks and force all info out. tell us how many shares in the divys, how much gold in south america, how many holes drilled and some results from canada. is anything being done by the controling partner on the uranium claims. shutting cmkx down lets UC off the hook & thats just what he wants. put the screws to him, make him fess up on everything. the o/s is now out there. anyone buying it without seeing the o/s deserves to lose cash. its a stock market lesson that may pay off in the future. if they see the o/s & buy then god bless' em. the o/s is the deciding factor. its the make or break peice of info & its public. UC has done nothing that gets jail time. everything would just bring fines so expose the SOB. put his two-faced lying carcass out there for us buzzards to pick clean because today he said shut me down so i can shut up.
Posted by Upside on :
Originally posted by bill1352:
quote:today he said shut me down so i can shut up.
That is a perfect description. Dang Bill, I wish I'd have come up with that.
Posted by Ric on :
It reads that all the past finacial records are gone so they can't file. Thats what it said. And since it can't fulfill the SEC obligation then its stock will be revoked. They made claim they might be able to trade on pink after that but if you read the wording carefully and the disclaimer both. This is a dead puppy. Notice how no mention of NSS either. And its laughable that you believe UC now and that hes not allowed to furnish the information. roflmao real hard. You have been feed crap, how did it tasted. Its alright though, the paid pumpers will have it tasted like candy in no time flat.
Posted by Dustoff101 on :
RIC..All past financial records gone ?..Thats impossible. Buisness's have major catastrophe's all the time. Hurrican's, tidal waves, fire's ,war's...Come on, know way is their no record's period.
Posted by will on :
So where are the faithful with the new theory?
I want to see how this statement of guilt, and admission of sins of ommission, and psuedo difiance coupled with a please let us continue trading without reporting, will be twisted into something good.
Where's that PR with the results of "the deal" ? You know, the buyout? The big money that Urban made the evil MM's pay? The buyout monies that Urban and Iron Bob forced the SEC/ DTC/ to make the MM's pay. The results of Iron Bob grabbing the SEC by the throat and spitting in their face. Looks like a very different kinda PR to me.
C'mon faithful CMKX'ers, explain this one away.
Posted by will on :
Now don't tell me this it. I'd really be disappointed.
"Revocation for one year absolutely locks the shorts in place with no where to go. The dividends we all received are part of the short problem. CIM will IPO within that year. Restrictions for your divi shares will be lifted within that year (and then you would have been able to trade NSS divi shares). UC and IBM are telling everyone that we cannot be revoked if this NSS problem is to go away. Watch for a settlement to occur that will eliminate the NSS problem. PR was a way for UC and IBM to offer face-saving for SEC. SEC cannot be found publicly liable here. IT's too big. We will take the fall, but we will be richly rewarded. Can't say more. Must go."
Posted by Ric on :
That what he seemed to imply but of course its not true. The reason they don't want to produce any finacial records is it will prove all they ever did was sell shares for profit. They company would have to show proof of drilling, credit/debits and other information that they do not want the koolaid drinkers to know about.
From PR
CMKX has not been able to rely on either previous information or current information relating to its financial statements. As a result of its inability to provide accurate information about its financial condition
"Unfortunately management and others involved in CMKX's previous operations were not blessed with the trait of being perfectionists. Past professional guidance has left a void which prevented the Company's ability to prepare complete and accurate periodic reports
quote:Originally posted by Dustoff101: RIC..All past financial records gone ?..Thats impossible. Buisness's have major catastrophe's all the time. Hurrican's, tidal waves, fire's ,war's...Come on, know way is their no record's period.
Posted by Ric on :
After re-reading the PR I think that I figured out what they tried to do here. CMKX did not want to be a reporting company. He told shareholder he did to get there faith but he really didn't. How can he scam them into buying more diluted shares if they knew the truth. The plan was to get the SEC to revoke there reporting status while letting them remain a non-reporting pinksheet. That way they could continue the scam for as long as they wanted. Put seems his advice wasn't to great. The SEC isn't going to let this trade again. It will be shut down. And if anyone with half a brain at the SEC reads this PR then they will see the truth in it too.
Posted by TruthTeller on :
Upside, You are right, that is the best part of the PR for a spin Will, There not many faithful here before the PR anyway. From what I can see on other boards, most of the faihful still believe in CMKX. As a matter of fact, several of them think that CMKX pretty much threatened the SEC about the NSS etc. Its kinda fun to follow those boards if you don't try to argue.
quote:Originally posted by Upside: Originally posted by TruthTeller:
quote:Upside, Is your post above is an answer to Ed's post?
Nope, just a statement. The quote from Urban that Ed referenced can be viewed many ways and it'll be the one that everyone latches on to in order to spin this in a positive way. I'd be willing to bet that before the end of today there will be talk of a "gag order" issued to CMKX by the SEC so as not to disclose the naked short position and what not.
My take on it is that Urban is saying if the SEC decides to revoke them they are no longer under obligation to file and he will comply by not disclosing anything. He's blaming the SEC for his lack of disclosure.
Posted by will on :
TT:
I can't go to the other boards. What good is it to have anyone's company if you can't confront them and argue about the nonsense they come up with.
Do me a favor and bring a couple of what you think the best ones are, so I can have a little entertainment.
Cut and paste them. Consider it DD or research like noah does. LOL
Posted by ed19363 on :
quote:Originally posted by will: Now don't tell me this it. I'd really be disappointed.
"Revocation for one year absolutely locks the shorts in place with no where to go. The dividends we all received are part of the short problem. CIM will IPO within that year. Restrictions for your divi shares will be lifted within that year (and then you would have been able to trade NSS divi shares). UC and IBM are telling everyone that we cannot be revoked if this NSS problem is to go away. Watch for a settlement to occur that will eliminate the NSS problem. PR was a way for UC and IBM to offer face-saving for SEC. SEC cannot be found publicly liable here. IT's too big. We will take the fall, but we will be richly rewarded. Can't say more. Must go."
You forgot to mention that our butts are locked up too. How can you continue to pump this garbage when UC as much as said he has been giving us the green weenie. You cant fight city hall, even if your name is Maheu. Take on a big government agency like the SEC, you are going to LOSE. IMO also, this isnt gonna be a year, the SEC is gonna pound UC and Maheu into the ground. You have three choices. Sell now and salvage what you can, wait it out and lose everything, or pump it so hard you make a little profit from the Koolaid crowd. There arent even any signs that it will ever break .0001/.0002 again, and time is running out.
Posted by legaleagle on :
Here ya go Will, entertain yourself.
DrDiamond Global Moderator
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Gender: Posts: 853 PR breakdown Very Long .... « Thread started on: Today at 3:41pm »
-------------------------------------------------------------------------------- On March 16, 2005, the United States Securities and Exchange Commission ("Commission") deemed it in the public interest that a public administrative proceeding be instituted pursuant to Section 12(j) of the Securities Exchange Act of 1934 ("Exchange Act") against CMKM Diamonds, Inc. to determine:
Dr.D- The SEC claims to be doing this to CMKX to protect us and the public from CMKX or more properly preventing us from receiving the information the company is making an effort to release. Therein also lays a problem. It appears they (CMKX) may not have the information (financials and reports) to supply to us or the SEC available at this time and is definitely going to need more time to compile it. More on this later. IMHO.
-- Whether CMKX is required to file with the Commission current and accurate information in periodic reports under Section 12(g); and
Dr.D – To determine if CMKX is a reporting or non reporting company based upon the 15A information of 2003 and 2005.
-- Whether CMKX failed to comply with Section 13(a) of the Exchange Act and Rules 13a-1 and 13a-13 there under by failing to file required periodic reports.
Dr.D – Since the revocation of the 15A occurred in Feb 2005, the SEC is trying to prove that CMKX possibly intentionally misfiled the 15A in 2003 and misrepresented the number of shareholders in order to withdraw from the reporting status falsely. If so, then CMKX would have intentionally deceived the SEC and no waiver or variance would be available for CMKX’s past due filings and penalties could be imposed including the revocation of CMKX’s registration.
CMKX, pursuant to the Commission's order has been provided 20 days in which to respond to the allegations in the order.
Dr.D – Self explanatory, giving CMKX 20 days from the date of the commission’s order March 16, 2005 – 5 Apr 2005) to respond to the SEC’s allegations which the company should have received official notification in writing indicating specifics by now, IMHO.
Upon CMKX's filing of a response, a public hearing will be convened at a time and place to be fixed for purposes of taking evidence on the issues set forth in the Commission's order.
Dr.D – When CMKX responds to the commission’s order by filing the requested information/answers then a public hearing will be scheduled to allow testimony and evidence to be presented to the judge concerning the specifics CMKX has been challenged on.
At the hearing, an administrative law judge will determine whether it is necessary for the "protection of investors" to suspend or revoke the registration of CMKX's securities from the Exchange Act.
Dr.D – The Judge after the evidence and testimony will decide if it is in our best interest and the best interest of the investing public to either excuse CMKX and allow them to continue to report; or suspend the registration up to 12 months (which makes no sense); or revoke the registration of CMKX and make it a non reporting company again (Once again makes no sense) with the exception if the SEC does either the suspension or revocation it could keep CMKX off the Threshhold Security List and unprotected by Regulation SHO. I know that SHO isn’t much, but it appears changes are coming.
In July 2003, CMKX filed a Form 15 “in an attempt” to terminate its registration under the Exchange Act. However, this filing contained an error in the stated number of record stockholders, which was discovered by CMKX's new securities counsel in February 2005.
Dr.D – This is still confusing to me as to who is responsible for this error. Is it CMKX’s attorney at the time? Is it the Transfer Agent? Who, what, where, when and how would be nice here. I would think that info would have been sent from the Transfer Agent and if so, why not state it clearly so the responsible party is clearly indicated. Seeing that hasn’t happened it is a faint indicator to me that someone in the company blew it. JMHO. A clear statement here leaves the company open as the position of the company is that “NO ONE KNEW UNTIL” the new securities counsel discovered it in Feb 2005. You would think that Roger Glen should have gone over the pertinent filings of the company in his efforts to bring it up to date and compliant thus discovering the error, but it didn’t happen! JMHO
"When the error in the Form 15 was brought to the board's attention, it was incumbent upon us to take corrective action, regardless of CMKX's ability to file all delinquent reports within the stated 60-day timeframe. We could not continue to have a clearly inaccurate document filed with the Commission, when we knowingly had more stockholders of record than was stated in the Form 15 filing," stated Robert Maheu, co-chairman of CMKX.
Dr.D – Mr. Maheu acted immediately upon the knowledge of inaccurate previously filed information by the company he is co-chairman of (CMKX) in spite of the company’s unprepared state to meet the obligations that such a find would impose upon it. Knowing they could not possibly meet the 60 day deadline that the revocation of the Form 15 would demand on CMKX, they acted promptly, responsibly and professionally in correcting the inaccurate information which disqualified CMKX from being eligible for the Form15 withdrawal of July, 2003. Showing once again and indicating Mr. Maheu’s impeccable character and leadership qualities that have made him one of the top men in the business. IMHO. Thank you Mr. Maheu, sir.
On February 17, 2005, CMKX filed an amended Form 15 to revoke the previous filing and reinstate its reporting obligations under the Exchange Act. Management does not believe the filing of the amended Form 15 had anything to do with the Commission's decision to institute the administrative proceeding.
Dr.D – To correct the erred information that had been filed in July, 2003, CMKX filed the amended form 15 or Form 15A on 17 Feb 2005 which revoked the erred information, but also brought reporting obligations on CMKX they could not expeditiously hope to comply with. In spite of the revocation of the erred information and the mis-stated number of shareholders as the reason for the revocation of the Form 15, (Which would be rare IMHO) Mr. Maheu and Mr. Casavant do not think the revocation of the Form 15 had anything to do with the temporary trading suspension or the upcoming public hearing. It would be interesting to know what the company thinks instigated the suspension and upcoming public hearing. In a past PR Urban seemed to think (or indicated IMHO) it may be due to information supplied by CMKX during the SEC investigation on UCAD/USCA.
CMKX believes that it is required to have its securities registered under Section 12 of the Exchange Act as a result of the number of its stockholders, at least 698 in July 2003 and in excess of 2000 in February 2005.
Dr.D – CMKX believes that in spite of the SEC’s opinions and concern over the company’s operations, it is currently required to have its securities registered under Sec 12 and are therefore obligated to produce the expected filings and reports in a timely manner. It is strange when a company is trying to clear up its financials and delinquent reports to disclose vital information to shareholders and the investing public/market and the SEC is on the other side trying to stop the process. What is wrong with this picture? The SEC is supposed to be the knight in shining armor for the shareholders when a company is hiding, but not when the company is clearly taking appropriate steps to report and demonstrating good faith to the SEC and shareholders to disclose. Something smells, IMHO.
Under the current rule, the number of stockholders is determined by the number of stockholders of record. Although CMKX has securities registered under Section 12 of the Exchange Act, according to the Commission CMKX is delinquent in its filings.
Dr.D – The current rule indicates a shareholder as being a shareholder of record with the company/TA thus making a “Street Name” (such as Ameritrade and all of their thousands of clients) one shareholder of record. The company here confirms that they have securities registered with the SEC under Sec 12 and according to the commission CMKX is delinquent. This may allude to the fact that when CMKX filed the revocation of the Form 15, we had by SEC regulation a full 60 days to file all reports that would have been due if the Form 15 had not been filed in July, 2003. That would mean that CMKX truly would not be delinquent or failing to comply until the 60 days had expired. JMHO.
"We only want to comply with federal regulations and do what is right for our stockholders. If the Commission deems it in our stockholders best interest to forbid us from providing information through filings with the Commission, we will comply," stated Urban Casavant, president of CMKX.
Dr.D – Mr. Casavant here states that they will comply with the federal regulators regardless. If for some unknown reason the regulators want to prohibit CMKX management from providing vital company information through filings to the SEC and the shareholders/investing public, then the company will have to comply. Too, there seems to be a little sarcasm Mr. Casavant was able to muster in the midst of the heat generated by the SEC’s latest inquiry into the company. Go Mr. C! OOOrah!
Replying to the Commission's administrative proceeding is a high priority for CMKX's management, which plans to take the following actions.
(Continued) « Last Edit: Today at 4:03pm by J » Logged
-------------------------------------------------------------------------------- Until just over 100 years ago 99% of the world population thought that the world was flat, the center of the universe, and everything revolved around it. The Pope even decreed it in a Papal Bull (No pun intended). What is believed true today may be proven false tomorrow and vise versa.
DrDiamond Global Moderator
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Gender: Posts: 853 Re: PR breakdown Very Long .... « Reply #1 on: Today at 3:41pm »
-------------------------------------------------------------------------------- Dr.D ¡V Of course responding to the questions generated by the commission¡¦s current investigation has a very high priority level for Mr. Maheu and Mr. Casavant and Counsel. Our reply¡¦s to the commission are in the form of ¡§answers¡¨.
First, CMKX will be providing a response to the Commission within the time set forth in the Commission's order.
Dr.D ¡V Very good news here. They will provide a response within the allotted time frame by the commission¡¦s order. This should shut some up that said that the company wouldn¡¦t show up or respond to any of the commission¡¦s specific questions. In short, the company is following through on the requests for answers from the SEC with answers. Of course they may not be the ones the SEC wants to hear, but they will be answers nevertheless. Why would I say it that way? Because later the company lets us know that they are trying to recreate some financial records they simply don¡¦t have because of, hmmmm possibly Mr. Casavant¡¦s decision to not hire someone competent to record and keep up with that vital information, I guess. Kind of disappointing actually. JMHO
Second, CMKX acknowledges that all of its stockholders have a right to access public information on CMKX and to that extent, is prepared to present CMKX's response via a public proceeding as ordered by the Commission.
Dr.D ¡V The phrase ¡§to that extent¡¨ is a little catchy here for me. I like it. Kind of spunky in the face of adversity. CMKX is saying that they agree that all shareholders of the company have a right to access public information and ¡§to that extent¡¨ or ¡§for that specific reason¡¨ and not necessarily because the SEC said it has to be done, CMKX is prepared to present their response by way of a public hearing to the commission. I¡¦m not sure which one (IBM or Mr.C) threw that one in, but if you like feisty, there you go. JMHO
Third, CMKX believes it is in the best interest of its stockholders to be informed about the securities in which its stockholders invest. There can be no doubt securities markets best perform their function of setting fair and accurate prices where buyers and sellers have full and complete access to all material information.
Dr.D ¡V Another little jab at the system here, IMHO, saying shareholders can make better decisions when they are informed properly by the market place as a whole, and not just by the company. ¡§Securities Markets¡¨ best perform their function of setting ¡§fair and accurate¡¨ prices where buyers and sellers have full and complete access to ¡§ALL¡¨ material information. This would include a slam at the unacceptable performance of the MM¡¦s/DTCC/SEC permitting NSS positions to accrue and weigh heavy upon a company¡¦s market performance by overloading a company with ¡§ILLEGAL/Counterfeit shares thus defrauding the investing public by corrupting the legitimate information
Recent changes to the federal securities laws mandated by The Sarbanes-Oxley Act have increased the implicit and explicit cost of providing information for reporting companies.
Dr.D ¡V We all know the Sarbanes Oxley Act has increased management accountability, responsibility, and risk, but CMKX points out another area affected by Sarbanes that needs to be considered. Implicit and Explicit costs - Implicit Costs = a cost that is represented by lost opportunity in the usage of a company's own resources, excluding cash. These are intangible costs that are not easily accounted for. For example, the time and effort that an owner puts into the maintenance of the company rather than working on expansion. Explicit Costs = A cost that is represented by lost opportunity in actual cash payments. These are tangible costs which can be easily accounted for. For example: salaries/wages, rent and materials and such. These are costs are more difficult to calculate, but CMKX is experiencing these costs as I write this due to the commission¡¦s investigation etc¡K The company is attempting to reduce these costs by continuing to focus on our assets and revenue producing priorities in Canada and Ecuador.
Unfortunately, from the time of CMKX's filing of a 14C Information Statement in February 2003, CMKX has not been able to rely on either previous information or current information relating to its financial statements.
Dr.D - Obviously this is not good. It isn¡¦t extremely bad, but it isn¡¦t good. Why have filings been delayed and why could CMKX not meet the 60 day filing deadline after the revocation of the Form 15? We have our answer. The information is either inaccurate, incomplete or non existent IMHO. Having been in business for some time, I know how these situations can occur just the same as anyone reading this has experienced while trying to keep up with their personal checkbook, receipts, or tax information. Most of the time this information can be rebuilt, recreated or has a duplicate some where. I say most of the time, because there are exceptions to the rules. It would be unusual for a company to not be in a position to recreate records by itemized data held in individual records. I once had an individual that ran off with all of my company records (several years worth) and we were able to recreate them. It was very costly and time consuming, but we did it through our clients, their account records, our suppliers, customer base at the time, etc... 60 days for us would have been impossible at the time. It took about 9 months. Not being able to file because of inaccurate records is difficult especially when Sarbanes Oxley holds the management personally and criminally responsible for the contents of the filings.
As a result of its inability to provide accurate information about its financial condition, CMKX has retained the services of individuals who have been promulgated with the task of rebuilding its financial records and providing the public current periodic reports as required by Section 13(a) of the Exchange Act. This is good news. The good news is they have retained the services of individuals to set to the task of rebuilding its financial records, which means the data must be there or accessible to work with or there is no need to hire someone to do it. Also the periodic current reports that will become due will be provided by these same individuals. My experience with the government agencies are that if you are working to resolve the situation they will usually work with you, but if you are ignoring and trying to hide issues then they will usually draw a quick conclusion to your circumstance. This is a clear indicator that the company (CMKX) had a poor or nonexistent book keeping system in place, but has moved to remedy the situation and did so before the SEC stepped in. Nice job CMKX. Timing sometimes is everything. If they would have waited until the SEC stepped in then it could have been ugly. What we are seeing now is not ¡§UGLY¡¨ it just isn¡¦t as pretty as we would like it to be. ƒº
The implicit costs associated with Sarbanes-Oxley is that current management will not file the required periodic reports until such time as the accuracy of the information required in such reports has been verified, inclusive of the financial aspects of CMKX, stockholders equity reports, and the mining claims and other corporate assets.
Dr.D - This may sound bad on the surface, but is actually what Sarbanes Oxley intends in an off beat sort of way. Remember that Implicit Costs = a cost that is represented by lost opportunity in the usage of a company's own resources, excluding cash. These are intangible costs that are not easily accounted for. For example, the time and effort that an owner puts into the maintenance of the company rather than working on expansion. They are going to be tied up 24/7, so to speak, while they are building, recreating, and verifying all of the required information whether it is financial, mining, share structure, or corporate assets and the current management is not going to file reports that can not be attested to as being accurate. This is not accurate within reason nor to the best of their ability with available resources. This is accurate to the degree that if it is found to be wrong you may go to jail and lose a substantial amount of money accurate. That is what Sarbanes Oxley wanted to invoke into the minds of corporate America. IMHO
Although it is CMKX's intention to continue to pursue the effectuation of periodic reports in compliance with Section 13(a) of the Exchange Act, but management realizes that the Commission may prevail in suspending the registration of CMKX's securities for a period not exceeding twelve months, or revoking its registration altogether.
Dr.D ¡V Indicating that it is CMKX¡¦s desire to continue to be a reporting company and file the 10Q¡¦s, 8k¡¦s, etc¡Kbut Mr. Casavant and Mr. Maheu are aware that the commission is probably out to suspend or revoke the registration of the company and if the commission gets its way then that is what would happen. IMHO.
(Continued) « Last Edit: Today at 4:04pm by J » Logged
-------------------------------------------------------------------------------- Until just over 100 years ago 99% of the world population thought that the world was flat, the center of the universe, and everything revolved around it. The Pope even decreed it in a Papal Bull (No pun intended). What is believed true today may be proven false tomorrow and vise versa.
DrDiamond Global Moderator
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Gender: Posts: 853 Re: PR breakdown Very Long .... « Reply #2 on: Today at 3:42pm »
-------------------------------------------------------------------------------- "Unfortunately management and others involved in CMKX's previous operations were not blessed with the trait of being perfectionists. Past professional guidance has left a void which prevented the Company's ability to prepare complete and accurate periodic reports under Section 12(g) of the Exchange Act," stated Maheu.
Dr.D – I love this one. We are not sure if this “previous operations” is speaking of Cybermark or early CMKI/CMKM, but it seems to indicate the “CMKX” period or a time frame involving the last 12 months. I am not sure the aim of this language by the company, but I am going to guess at whom this may implicate, and his initials could be R. G. In my book, ultimately I would hold Urban Casavant responsible for the availability of the records and the oversight of the company. Sorry U.C., but I am a president of a few companies and if that info is missing it is because I didn’t stay on top of my job. To his credit, Mr. C has had illness off and on over the last year and that could have impeded him somewhat. Too, I believe he relied on the expertise of R.G., but to what extent none of us know for sure. I’m still behind Mr. C and Mr. Maheu (or IBM as some call him) 100%, but I call them as I see them. The President/CEO is ultimately accountable in my book.
CMKX's stockholders should realize that among publicly traded securities, two different standards exist for providing disclosures to investors. First, companies with a class of securities registered under Section 12 of the Exchange Act that are current in their obligations as a registrant ("reporting issuers") provide annual, quarterly and periodic reports on Forms 10-KSB, 10-QSB and 8-K, in addition to other reports for small business issuers such as CMKX. The second category contains companies that do not have a class of securities registered under the Exchange Act ("non-reporting companies").
Dr.D – Simply a clarification setting up options that the company has. 2 different standards are available: 1 = reporting and 2 = non-reporting and they give a breakdown
Reporting issues are required to provide their stockholders and the investing public with annual audited financial statements, whereas non-reporting companies do not have to provide their stockholders or the public audited financial statements. Further, companies traded on the Pink Sheets that are not reporting issuers are not required to have audited financial statements in order to continue trading on the Pink Sheets. If the Commission were to suspend or revoke CMKX's registration under the Exchange Act, CMKX would be considered a non-reporting company and would continue to trade on the Pink Sheets. In this event, CMKX intends to provide material information to the public, when available, through press releases and postings to its website.
Dr.D – 1st of all I think they are trying to put some shareholders at rest as to what would happen to their investment if CMKX has their registration revoked. Obviously your shares are fine and will remain in tact and fully contain any and all value both immediate and potentially. The company states that a viable alternative if the SEC so chooses to prevail in their quest and possibly revoke or suspend CMKX’s registration is to move to a non-reporting status on the Pink Sheets and continue to trade as they have until what time they can fully become compliant and re-file for registration. If this scenario does unfold then CMKX voluntarily obligates their self to provide the company information to the shareholders that would otherwise be required by a fully reporting status. That information will be supplied to us through PR’s and postings to its website. IMHO.
Casavant went on to say, "We are committed to pursuing the corporate cleanup required to allow us to provide periodic reports to our stockholders; however, in the event the SEC determines that a suspension or revocation is in order, then aside from our compliance with such order, we will utilize our best efforts to provide minimum basic information to our stockholders, allowing for CMKX to continue trading on the Pink Sheets."
Dr.D – Mr. C says the corporate cleanup is going to continue regardless of the hearings outcome. If the SEC revokes or suspends CMKX’s registration then the information required by the NASD/Pink Sheets to continue trading will be satisfied to them. I would not think this would lessen the information that the company just announced above that would be released to the shareholders regardless of the hearings outcome. Unless this is contradictory to the previous statement then this is simply indicating that the company would file the necessary minimal information to the proper authorities and shareholders to continue a listing on the Pink Sheets.
Although CMKX currently anticipates being able to continue to trade on the Pink Sheets regardless of the outcome of the administrative proceeding, it is unclear at this point if the Commission will take further action in an attempt to prevent the trading of CMKX's common stock on the Pink Sheets or any other medium.
Dr.D – The company doesn’t foresee that the SEC will try and prevent the company from trading on the pinks, but they could. Regardless of the hearings outcome the company expects to move back to the Pinks and resume trading. If the SEC attempts to prevent that then other action will be necessary on the part of the company, but not a concern at this time. What are these options available to the company? Go private? Merge? Reverse Merge? Comply and reregister/re-file? Etc… Shareholders are carried along with the company regardless of the decision. IMHO!
CMKX is not allowing these regulatory issues to divert management's attention from its primary operational goals of claiming new land and continuing its drilling activities. The future of CMKX lies in the continued development of its assets.
Dr.D – Once again the company shows it is undaunted in its quest by the SEC’s inquiries from building shareholder value and streamlining the company for complete implementation of Mr. Maheu’s overhaul of the internal corporate governance. Sounds like we have needed it too. The primary operational goals are repeated from the last PR as being that of claiming new lands/mineral rights and continuing its drilling activities. This is good news. Sounds as if they have been claiming new lands and continued drilling. As a matter of opinion, I believe they have been. You can’t continue drilling activities unless you’ve been doing it, IMO. Too, you can’t continue developing the companies assets if you haven’t been previously developing the assets. There is a difference in obtaining assets and developing assets, I like the developing assets almost as good as obtaining assets. Go CMKX. We all know that is where the future for CMKX lies and that’s where I plan on being is right in the middle of CMKX’s future. When CMKX gets to there “future” my children, family, friends, I, or all of the above will get there with them. Not JMHO!
Consistent with this statement, Urban Casavant added, "Creating stockholder value is a primary concern to us. We have some very positive operational things happening, both in Canada and in Ecuador, and are extremely optimistic about the future of our operations."
Dr.D – This is incredibly strong language for a company going to a hearing and under SEC scrutiny already. Mr. C pulls no punches, regardless of the disclaimer at the end, that creating stockholder value is a primary concern and CMKX has some “VERY POSITIVE” operational things happening (MEOW), both in Canada and Ecuador, and are extremely optimistic about the future of our operations. No mention of the U.S.A. in that international volley of positive operational things happening so that might exclude the infamous, tender offer so many soap box about. No mention at all of an offer on table or anything. Oh well. JMHO!
In the time preceding the administrative hearing, CMKX intends to continue its development activities and anticipates filing operational updates on Form 8-K, as required, when they become available.
Dr.D – This tells us that they are right now actively working on its development of obtaining more land, exploring our current assets and continuing drilling activities.
(Continued) « Last Edit: Today at 4:05pm by J » Logged
-------------------------------------------------------------------------------- Until just over 100 years ago 99% of the world population thought that the world was flat, the center of the universe, and everything revolved around it. The Pope even decreed it in a Papal Bull (No pun intended). What is believed true today may be proven false tomorrow and vise versa.
DrDiamond Global Moderator
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Gender: Posts: 853 Re: PR breakdown Very Long .... « Reply #3 on: Today at 3:45pm »
-------------------------------------------------------------------------------- CMKX's actual results could differ materially from such forward-looking statements because of factors such as: impact of the results of the administrative hearing on CMKX's stock price; impact of the hearing on CMKX's operations; CMKX's ability to continue to trade on the Pink Sheets; uncertain further regulatory scrutiny; the current state of operations, both in Canada and Ecuador; unavailability of documentation and corporate records; changes in the number of stockholders of record; the impact of failing to meet Exchange Act reporting requirements; the ability to rebuild financial records; timing necessary to comply with reporting requirements; lack of adequate internal controls; unforeseen capital deficiencies; unavailability of insurance; changes in the mining and metals environment, including actions of competitors; the effectiveness of CMKX's development and drilling programs; regulatory and legal changes; and other risks associated with companies in similar industries. CMKX undertakes no obligation to publicly update or revise any forward-looking statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Dr.D ¡V I love this disclaimer it has its own little information chest tucked away in it. It lists the factors that need to be considered by investors and what the company knows is to be calculated in to accurately assess the situation for CMKX and us. Nice list, but don't let it shake you they are just covering their rear and ours.
Overall assessment is that the company is trying to tell us there is little concern for the CMKX investor at this time. IMHO. The main topic being that the main action of the SEC is to revoke or suspend the registration and under those conditions the company would still be expected to return to the pinks with a non reporting status and resume trading soon. All shares will remain in the possession of the shareholder and information will be released to us through normal channels as in the past. The company is correcting the mistakes of the past and I would expect the SEC or at least the judge, to acknowledge that and realize the importance and desire of the shareholders to have the company in a position of being obligated by registered security regulations to produce up to date filings and reports disclosing information instead of counting on the company's good will. Company developments to hopefully increase shareholder value are continuing in Ecuador and Canada and some happenings are very promising. This is an excellent PR and I would like to express my gratitude to Mr. Casavant, Mr. Maheu and the company for being open and forthright.
These are all just my opinions and I ask that you treat them as such.
Success is at hand.
Dr.D
Posted by TruthTeller on :
Will.. Here is another. ---------------------------------------------- From Todays PR: ...small business issuers such as CMKX.
From Regulation SB:
(1) Definition of small business issuer. A small business issuer is defined as a company that meets all of the following criteria:
(i) has revenues of less than $25,000,000; (ii) is a U.S. or Canadian issuer;
(iii) is not an investment company; and
(iv) if a majority owned subsidiary, the parent corporation is also a small business issuer.
Provided however, that an entity is not a small business issuer if it has a public float (the aggregate market value of the issuer's outstanding securities held by non-affiliates) of $25,000,000 or more.
25,000,000 dollars divided by .0002 = 125,000,000,000
Public Float is less than 125,000,000,000
Posted by will on :
Thanks noah. I don't think I ever read Dr. D's stuff completely. My attention span was tested a few times there, but I pretty much mucked through it. I'll reread it, maybe a couple of times. Lot of this sin't good in this one though, but no admission of all being lost, yet.
TT: That guy is just a fool. Even noah can't agree with that, I'm sure. I do like the way he seems to be so proud and pleased of that number, 125B LOL.
Posted by dwman on :
quote:Originally posted by Dustoff101: Wallace..my daughter who is traveling through the South Pacific ,,summed this whole thing up. Quote,,Capt. don't you remember what you tought me about GREED. She then began to break out into laughter along with my wife on the other phone...In the words of "dwman" life is good.
Nice quote dustoff. Who is that guy? lol
Life just got better for me today. My daughter delivered another grandson 8 pounds 7 ounces and 23 inches long. Big Texan!!! Life is good. God is good.
Posted by will on :
Congratulations, dw!
Nothing better than that. Did you say you had all grandsons?
Posted by dwman on :
Does that guy legaleagle ever post anything short? LOL Just teasing legal.
Posted by Dustoff101 on :
Legal..CMKX believe's it is in the best interest of it's stockholders to be informed about the securities in which it's stockholders invest.
To his credit ,Mr C has had illness off and on over the last year and that could have impeded him some what.
The above two paragraphs are taken at random from info in your post 396.
Well, now we know what the defense is going to be... Diminished capacity
Posted by Dustoff101 on :
Dwman.... Congradulations!!!!!!!!
P.S maybe that guy is the Lone Ranger.
Posted by legaleagle on :
DW, I don't think you are supposed to mention the word "short" on this board. Especially if they are "naked"
Posted by Highwaychild on :
Great news DW!Congrats.I'm sure they'll never have to worry about those cold outhouses you used when you we're that age.LOL
Posted by Wallace#1 on :
Hi all.
dwman, got lucky, huh? Congratulations!!!!
Dusty, I have been tempted from time to time with greed just as everyone else has. It just did not happen with CMKX.
All:
Here's the part I really liked that UC stated:
"Casavant went on to say, "We are committed to pursuing the corporate cleanup required to allow us to provide periodic reports to our stockholders; however, in the event the SEC determines that a suspension or revocation is in order, then aside from our compliance with such order, we will utilize our best efforts to provide minimum basic information to our stockholders, allowing for CMKX to continue trading on the Pink Sheets." ************************************
NOTE THIS PART: "...then aside from our compliance with such order, we will utilize our best efforts to provide minimum basic information to our stockholders,..."
He's saying he will provide only the minimum basic information to stockholders as though that is a positive statement of some kind. Not the maximum, but the MINIMUM!!!
Posted by Ric on :
I fell asleep half way through it and just woke back up. Not kidding. I don't think there is boots high enough to wade through that crap. But just think that someone actually wrote that response in less then a day. Man thats the guy I want to see in jail for pumping this crap. Along with sterling and willwizard.
Posted by will on :
For a company that wants to inform its shareholders that is a curious statement, Wallace. You know, if they truly wanted to publish information they could have been doing it whether they were reporting or not. They ackowledge they have avenues to do it, PR's website. Instaed they chose ambiguous PR's and relied on their paid pumpers, and that goof Melvin, to generate rumors through theory and inuendo. They never had any intentions of informing anyone of anything, and never will unless white hot coals are held to their eyes by the SEC.
shhhhhh........Can you hear it? (sizzle)
Posted by Wallace#1 on :
Got news for you, Will. From the looks of that statement they don't plan to provide any more than the very little and uninformative material they have released in the past. Pssssttttt!!!
Posted by Wallace#1 on :
Hey, anyone out there have some RAM for an older computer? Looking for 2-256MB PC100 168 Pins, low density, non-buffered. Want used, not new. Related to CMKX? Very remotely!
Posted by will on :
No one will be going to jail. Not even the main perpetraters of this situation. Certainly not the pumpers, they protect themselves with IMO, IMO. lol
Most of everything that is written about CMKX on these boards is in someone's opinions. Published facts are very few and thin. We now know there is 703B O/S though. That's enough facts there to make anyone say, no thank you to buying this thing. Jail, damn! They should be jailed for printing and issuing that many shares, IMO. lol
quote:Originally posted by Ric: I fell asleep half way through it and just woke back up. Not kidding. I don't think there is boots high enough to wade through that crap. But just think that someone actually wrote that response in less then a day. Man thats the guy I want to see in jail for pumping this crap. Along with sterling and willwizard.
Posted by will on :
I agree. Like I said they never intended to be forthright and honest. I was asking that same question over and over again 8 months ago. The answer was usually "the Master Plan" won't allow it, or a personal subtle remark alluding to lack of intelligence and understanding, on my part, of "the Play of a Lifetime"
quote:Originally posted by Wallace#1: Got news for you, Will. From the looks of that statement they don't plan to provide any more than the very little and uninformative material they have released in the past. Pssssttttt!!!
Posted by will on :
GOD! Man, break down and buy a new one, will ya. They're about giving these things away now days. Just go to Best Buy, and buy the eMachine thats on sale this week.
quote:Originally posted by Wallace#1: Hey, anyone out there have some RAM for an older computer? Looking for 2-256MB PC100 168 Pins, low density, non-buffered. Want used, not new. Related to CMKX? Very remotely!
Posted by Wallace#1 on :
Shut up, Will!! I just bought a new computer, gave my old one to my wife and the third one, of which I am speaking, I'm giving to an old boy down the road. He's in his 40's or 50's.
Besides, those stores want too much money. A used one works just the same as a new one.
PS: That guy in his 40's/50's is on the slow side like most of that vintage, so I thought if I got two 256MBs it would speed his mind up a bit. If he's anything like you, he'll probably try to stick it in his ear. LOL
[ March 24, 2005, 22:57: Message edited by: Wallace#1 ]
Posted by Dustoff101 on :
Will,,their is a little thing called the Ricco act. If they conspired as a group under ricco to defraud.And part of the plan was to conspire by trying to use a escape route thru IMHO thats FEDRAL and I would'nt want to be going where they are.
Posted by will on :
Y'all need to be watching Natinal Geographic Channel (NGEO), the show is Taboo. Nothing to do with CMKX, but the people who are modifying their bodies show some similarities to CMKX'ers, crazy extreeme thinking.
Posted by will on :
I've heard of it. I think it was written and legislated to combat white collar crime, but GIULIANI used it to lock up 100 or so mafioso.
quote:Originally posted by Dustoff101: Will,,their is a little thing called the Ricco act. If they conspired as a group under ricco to defraud.And part of the plan was to conspire by trying to use a escape route thru IMHO thats FEDRAL and I would'nt want to be going where they are.
Posted by ed19363 on :
Poor Dr. D....wore out his fingers pumping a dead company....LOL....IMO IMO IMOOOOO
Posted by Wallace#1 on :
I don't feel too badly now that I noticed we have a new "noah" posting on Allstocks. He cannot seem to count (as in 1-2-9), but at least he doesn't "noah-a-ltl". LOL No offense to either one of you. j/k
Posted by Dustoff101 on :
Will..U/C might be playing a game of russian roulete...Maybe he new he would be cought but figure's he can stretch it out as far as he can.
Race his cars [ remember he stated life long dream about racing] run as hard as he can, and poof he's gone.
Wallace..You once said you were a realist.This scenario is beginning to make sense to me.
This guy may have something that is going to take him out naturally, or he may be planning quite differantly,I hope it is'nt the latter.
What a way to finish a up a life,what a waste.
Posted by will on :
You're tempting me to be evil, Dusty.
Posted by Dustoff101 on :
Will.. I new one of you guys would say that!! When I was much younger ,,,,well, I am not going there.
Posted by bill1352 on :
congrates DW...grandbabys are the best.
a few comments on some of legel's reposted manuscript. (movie coming to a theatre near you soon) as pointed out the t/a has records of shareholders. does anyone remember a few months back the change in t/a"s??? it lasted what,? 24 hrs? ya think maybe it took the new t/a to see cmkx had too many shareholders to be non-reporting? ya think maybe the switch back has a taint of cover-up? new t/a says "hey UC you have well over 500 shareholders, you need to report." UC says "shut up & count." t/a say i'm outtta here, we are an honest company. so back to the quiet t/a cmkx went.. a point that hasn't been mentioned much but was there...Roger Glen, fabled lawyer, a God send to the cmkx cult couldn't figure out cmkx had 500 shareholders?? or was it he wasn't as honest & straight arrow as believed? UC increases the a/s & dumps 279 billion shares into the market...lets try 1st grade math here (i know the cult can't comprehend such deep thinking but what the heck) 779 billion divided by 500 equals 1.558 billion shares per shareholder..hmmmm thats 1 seriously kool-aided cult to buy that many shares per person. $311,600.00 invested per shareholder...hmmmm not really extra change invested there. i think DW's new grandbaby could figure out there are more then 500 shareholders.
what was the line..those in charge in the past were not perfectionists so no finacial records??? UC was in charge. double talk for we really would rather not tell you what we spent on cars, booze & broads, jets, trips, gambling in Vegas. our monthly pay check, money given to family, pumpers & any other bum we felt like handing cash too. in fact most the time we were having too much fun to care. the 1 bill i'd love to see is what was paid to roger glen.
Posted by dwman on :
quote:Originally posted by Dustoff101: I notice comments about learning from all of this, I AGREE...What an education. Many of us we
"many of us we"? That ain't Texan. Does that include old guys? lol
Posted by dwman on :
quote:Originally posted by Dustoff101: Will.. I new one of you guys would say that!! When I was much younger ,,,,well, I am not going there.
I not new. I old. lol
Posted by dwman on :
quote:Originally posted by will: Congratulations, dw!
Nothing better than that. Did you say you had all grandsons?
Yep, will, four grandsons. Can't get a girl. I have seven sisters and one brother...one son...one daughter. She was the last of the girls I think since neither son nor daughter plan on any more. But I will take them. At least they will be able to bait their own hooks. lol
Posted by Dustoff101 on :
...dwman..OK,,you cought me again, I guess I have to go back to my hunt and peck method..Upon review of some of my other incredibly articulate as well as scientific observations,,[[ such as my observation of the demise of the giant ant]],,I have come to the monostrophic conclusion that you are having difficulties staying up with my lightning fast mind...
I have just begun to fight!!! I will not allow you to make a gewgaw out of my highly advanced prouse. I have no idea what "many of us we and I not new means"
Posted by Thorn on :
Maybe they can use Enron's defense: I wasn't aware that it was happening.
Translation 1: I'm lying. Translation 2: I'm a sucky CEO.
Neither one is good.
Posted by dwman on :
quote:Originally posted by Dustoff101: ...dwman..OK,,you cought me again, I guess I have to go back to my hunt and peck method..Upon review of some of my other incredibly articulate as well as scientific observations,,[[ such as my observation of the demise of the giant ant]],,I have come to the monostrophic conclusion that you are having difficulties staying up with my lightning fast mind...
I have just begun to fight!!! I will not allow you to make a gewgaw out of my highly advanced prouse. I have no idea what "many of us we and I not new means"
LOL... You used new for knew and I won't even venture to explain the other. monostrophic conclusion? Darn you Dusty... I ain't never heerd that word afore.
Posted by legaleagle on :
From: Lori Livingston [lori@transferonline.com] Sent: Thursday, March 06, 2003 4:44 PM To: rule-comments@sec.gov Subject: FIle No. SR-DTC-2003-03
I am writing these comments to the Depository Trust Company’s (“DTC’s”) proposed rule change that appeared in the February 21st issue of the Federal Register. My comments represent several viewpoints but primarily I respond in the following capacities:
I am the President of Transfer Online, Inc, and act as the transfer agent for (Nutek, Inc.) one of the Issuers who expressed their desire to withdraw from the DTC system but were denied. Transfer Online also serves as the transfer agent to several other companies who have inquired about the possibility of withdrawing from the DTC system and finally, I am an experienced member of the financial services industry for the past 20 years where I have specialized in transfer agent and back office services.
As a transfer agent involved in this process I have direct experience of the situation(s) leading to DTC’ s request. While acting on the behalf of Nutek, Inc. to notify DTC of their intent to withdraw, Transfer Online was initially told that the request was received and in process. No indication was given that this request to withdraw was a problem until approximately 6 weeks later when we were made aware that DTC’s position had changed. Transfer Online was told that if Nutek, Inc. shares were not transferred into their nominee name, "Cede & Co", Transfer Online would be in violation of the operational agreement between our two companies and that we would be held accountable.
This put Transfer Online between the Issuer’s request (on whose behalf we act) and DTC’s demand and so we inquired to the S.E.C as to what, or if, any legal or statutory obligations existed to either party which superceded our agreement to act as agent for the Issuer. The S.E.C was unable to issue guidance in this matter so having no idea what “being held accountable” would mean to Transfer Online, and having received several phone calls from DTC requesting to know my position and what my intentions were, I suggested to the Issuer that until such time they were prepared to handle any potential legal issues with an entity as large as The Depository Trust Company that they let the shares be processed as usual.
Many Issuers have come forward with their opinions and interest in joining the exodus from DTC. They are frustrated by dramatic unexplained price movements, confounded when in a single day, in companies with a high percentage of shares held by insiders, more than the number of shares outstanding for their company are traded, and they are frustrated by their inability to access the information they need to determine the cause. The company is essentially cutoff from the majority of stock transactions that take place behind the closed doors of DTC in book entry movements of shares. Should the Issuer request information it is only available to them at the prices that are determined by DTC.
Transfer agents, while able to provide transaction history which happens when stock certificates are involved, cannot provide the information from DTC because we do not have access to the majority of the shareholder records as they sit on our books as one large position in the name of Cede & Co. that seldom changes. This leaves an Issuer powerless to research the trading of their own stock, communicate with the shareholders or take action against those who might be harming their company with questionable even perhaps illegal trading practices.
In regard to DTC's proposed rule change that states, "DTC will only honor the requests of the participants", I feel compelled to point out that the participants of DTC are ultimately only holding shares for the benefit of their customers who are in fact the shareholders of the company. Almost daily, particularly when an Issuer is attempting to have their shareholders pull their shares from street name and obtain certificates, Transfer Online receives phone calls from shareholders who tell us that their broker told them they cannot have a stock certificate, or that the transfer agent will charge you $75 - $100 dollars for a certificate, or the transfer agent won't issue the shares. How can a shareholder get a stock certificate if their broker (or the participant) is the obstacle? If, as DTC states only the participant's request will be honored, and the participant will not honor the request of the beneficial owner, then ultimately the shareholder has no right to their own property nor the ability to do what the Issuer has determined is in the companies best interest.
My experience over the years suggests that shareholders are seldom fully advised of the different types of ownership they can have, or of the full implications of holding shares in street name. Requesting certificates is always riddled with obstacles to deter this form of ownership.
Like many of the Issuers seeking withdrawal from DTC, I have often been suspicious of oversold stock. When tabulating shares for a Proxy Vote oftentimes there will be more shares voted by the brokers than there are shares outstanding in the company. When the question is raised with ADP (another representative of participants) their response is that they simply report what the brokers tell them they have. Why are brokers reporting more shares than they could possibly hold and why is it the obligation of the company or its agent to research why the numbers are wrong at their expense?
DTC’s solution has been the development of the Direct Registration System (DRS). This allows a shareholder to hold their shares in their own name on the books of the corporation while still in the DTC system attached to a particular participant or brokerage account. This allows for direct ownership on the books of the company, while allowing the broker to retain control of the account by remaining attached to the account in case of sale.
There is a problem with this system as there are many Issuers, and some transfer agents, that cannot meet the requirements that are set by DTC nor can they afford to participate in the DTC FAST system because once an Issuer enters into the FAST system, DTC will no longer pay fees for any activity they request and the Issuer then becomes responsible for those fees. Since those very same fees were paid for services by DTC when stock is in physical form, it is difficult to comprehend why this is the case when there are no certificates. Ultimately, the result is that the Issuer is excluded from FAST and DRS, as are their investors. As in any case where a company holds a monopoly you have to play by their rules or you don’t play at all.
The financial burden on a small company is tremendous and very few small companies are able to participate. Those who do not are excluded from DRS and thus have no access to their shareholder records unless the shareholder holds the shares on the books of the company. The entire system has been designed for larger companies who do not think twice about spending great deals of money on their transfer agent fees, but smaller corporations who don't have the resources and consequently cannot afford to participate use withdrawing from DTC as their only method of having some control over their shareholder records.
What will happen as the industry moves toward immobilization and same day settlement? What will happen to those companies that cannot participate and have no access to their stock activity? DTC stated in their proposal that they have “discussed the substance for this proposed rule change with various DTC participants and industry groups and received favorable reaction.” I suggest that many were excluded from this conversation that have a great deal at stake. There is more than one way for the prompt and accurate settlement of securities transactions to occur and also preserve the integrity of the Issuers shareholders records. Presently, all solutions are based on a system where DTC is basically taking on the role of transfer agent as well as being an organization for and by the brokers. Over the years I have watched most companies move from majority of ownership held on their records toward a situation where over half the shares are held as registered to Cede & Co. and these shares usually represents 3-4 times the number of shareholders that appear on the records of the company.
I think the rule change should not be approved until a sufficient amount of time is put into investigating the complaints of the Issuers and time is spent looking at the existing system in general. ---------------------------------------------- Lori Livingston President/CEO Transfer Online, Inc. P 503.227.2950 F 503.227.6874
Posted by ed19363 on :
Looks like we need another stock market crash, and start all over....everybody's hand seems to be in the investor's pocket taking their share, with little or nothing left for the investor. IMO, most of these agencies should be ashamed of the way they treat the little guy who is just trying to eke out a bit of a profit. Guess its the same ole story, the rich get richer. etc.....
Posted by bill1352 on :
legel...thats i think the first post i agree with of all your reposts...lol. as i have said many times i would be shocked if there were not billions of naked cmkx shares. the system is set up for corruption. but when a company says screww the shareholder & issues 779 billion shares into the market who cares if a bunch of billion shares are naked. the company sure has proven they dont care how many shares dilute their stock. the top 20 money making companies in the world could not support a .05 pps with 703 billion shares in the market. the top 10 mining companies in the world dont gross what say microsoft by itself grosses so how can 1 small mining company support a 703 billion o/s? that 1 fact makes any naked short a moot point. its meaningless.. the mm's could cover hundreds of billions of naked shares & never move the pps & i'd guess thats whats happening right now. any investor that isn't a cmkx cult member will see 703 billion & hope to get .0001 for any stock they hold.
Posted by vman on :
quote:Originally posted by bill1352: legel...thats i think the first post i agree with of all your reposts...lol. as i have said many times i would be shocked if there were not billions of naked cmkx shares. the system is set up for corruption. but when a company says screww the shareholder & issues 779 billion shares into the market who cares if a bunch of billion shares are naked. the company sure has proven they dont care how many shares dilute their stock. the top 20 money making companies in the world could not support a .05 pps with 703 billion shares in the market. the top 10 mining companies in the world dont gross what say microsoft by itself grosses so how can 1 small mining company support a 703 billion o/s? that 1 fact makes any naked short a moot point. its meaningless.. the mm's could cover hundreds of billions of naked shares & never move the pps & i'd guess thats whats happening right now. any investor that isn't a cmkx cult member will see 703 billion & hope to get .0001 for any stock they hold.
I just have a question about this. Right now MSFT has 10.88B O/S and a pps of 24.28. Maybe the math isn't this simple, but if they had an O/S of 703B, wouldn't they theoretically have a pps of 0.38? Not that this matters for CMKX
Posted by bill1352 on :
truth is vman i just snatched a big company off the top of my head & your correct with the .38 pps. you would also then have to figure into the equation what it would take in shares sold to increase the pps. microsoft has had a number of forward splits in the past 20 yrs. its pps if based on number sold per day compared to number bought. its a reflection of 20 or more yrs of making money & increasing the pps to a point it needed a forward split. it takes a lot of shares traded in 1 day or over the course of a few days to move microsofts pps. you need to multiply that by the differance of 10 billion to 703 billion to see what it would take to move cmkx's pps. also again as you pointed out it doesn't matter to cmkx because its not possible to mine that much of anything yr in & yr out to equal microsofts net profit. debeers has had the diamond market cornered for yrs & are worth 16 billion. i of course don't have info to prove it but i'd guess debeers has more acres of diamond mines & claims throughout the world then CMKX has in canada.
Posted by glassman on :
They are frustrated by dramatic unexplained price movements, confounded when in a single day, in companies with a high percentage of shares held by insiders, more than the number of shares outstanding for their company are traded, and they are frustrated by their inability to access the information they need to determine the cause.
DAYTRADERS Posted by legaleagle on :
quote:Originally posted by bill1352: legel...thats i think the first post i agree with of all your reposts...lol. as i have said many times i would be shocked if there were not billions of naked cmkx shares. the system is set up for corruption. but when a company says screww the shareholder & issues 779 billion shares into the market who cares if a bunch of billion shares are naked. the company sure has proven they dont care how many shares dilute their stock. the top 20 money making companies in the world could not support a .05 pps with 703 billion shares in the market. the top 10 mining companies in the world dont gross what say microsoft by itself grosses so how can 1 small mining company support a 703 billion o/s? that 1 fact makes any naked short a moot point. its meaningless.. the mm's could cover hundreds of billions of naked shares & never move the pps & i'd guess thats whats happening right now. any investor that isn't a cmkx cult member will see 703 billion & hope to get .0001 for any stock they hold.
Bill, once more I will say, you don't have the number of shares that Urban and family own out of that OS. If they are willing to announce an exorbitant OS then why do you suppose they don't announce Urban and family holdings? How do you combat a huge NS? You sell a tremendous number of shares into the market and then buy them all back at a cheaper price. Then you order certs for those shares, making every other outstanding share a naked short, and provably so. By buying back those shares, in his and family members' names, and not the company, they are then untraceable until you are ready to spring the trap. How is the trap sprung? You issue dividends. One or two batches are circulated at the rate of OS established by your TA (779 bil).
When the DTCC and brokerages discover that there aren't enough to go around, they have to place "markers" in accounts. Now the brokerages are screaming at the DTCC, when the third batch comes along and the DTCC then has to establish a ratio that shows they have distributed the dividend to 1.5+ trillion shares of CMKX. Trap sprung.
Why was that number (naked and real) just about exactly double the OS? Because enough people have come out of the DTCC and talked to know that the DTCC issues two "borrowable" shares for each cert they receive.
The NS being proven, and the DTCC not wishing to have such a tremendous naked short revealed to the public, works a deal with Urban and company.
An as of yet unknown settlement is paid to Urban and Co for distribution to shareholders at the end of a certain time. In exchange, Urban agrees to sell back into the market, the remaining company AS, 97 billion, and his own personal share holdings (estimated as high as 500 billion shares), all supported by certs.
The MM's are permitted a certain amount of time to buy these clean shares on the open market and replace the NS. That is what we have been witnessing for some time now.
The suspension was an opportunity to take an exact count of the NS while there was no movement. The DTCC and MMs are given a bonus because in addition to the shares being ploughed back into the market by Urban, the suspension and investigation shakes billions of weak hand shares into the mix to vanish back into thin air, where they were created.
Ultimately, when the numbers are all back to "right", Urban issues a settlement amount to shareholders of "now legitimate" shares, and then CMKX, along with the political and financial problems created by the NS sink out of sight and into oblivion.
The loyal shareholders, now financially rewarded for their loyalty, find the assets, mineral rights, claims and holdings; along with the JVs, merge into one of the many companies Urban holds in reserve, like CIM, and with the share structure in a manageable amount, the results of the exploration and sampling are released onto the market. And the now few "faithful" enjoy the results of the ongoing mining operations.
All just my opinion Bill. Take it for what it's worth and don't make any investment decisons based on it. But I guess theoretically, the more people we have bashing this stock, the quicker we shake out the weak hands and get on with the business we expect.
P.S. It has been commonly agreed upon by the faithful that we will not use the word "basher" any longer. In respect of political correctness, bashers will now be referred to as "Negativity Pumpers".
Everyone have a blessed Easter Holiday.
Posted by Wallace#1 on :
"P.S. It has been commonly agreed upon by the faithful that we will not use the word "basher" any longer. In respect of political correctness, bashers will now be referred to as "Negativity Pumpers".
Isn't that special!!!
Posted by legaleagle on :
Would Ameritrade mind if Knight failed...
This is a lengthy repost, but it points out all of the investments of Ameritrade in Knight (NITE), the MM that they seem to be protecting and abetting of late, with their "ONE WAY" trading policy on CMKX. Just a few paragraphs will reveal the enormity and extent of the intertwining financial webs. All the above in my opinion.
By: nufced would Ameritrade mind if Knight failed... 25 Mar 2005, 10:10 AM EST Msg. 866615 of 866650 Jump to msg. # would Ameritrade mind if Knight failed...I dare say YES>> Ameritrade Holding Corp 466 Filings · The Word “knight” in Selected Filings Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 ... 27 · All · Bottom in the p.1 filings only.these 466 ( slow! ).the "object" pages. Show filings with "hits"docs searched and the 1st hit.every hit. Help... Wildcards: ? (any letter), * (many). Logic: for Docs: & (and), | (or); for Text: "(&)" (near), | (anywhere).
As Of Filer Doc Filing¹ On/For/As Docsgs Issuer Agent
2/08/05 Ameritrade Holding Corp 10-Q 12/31/04 7:53 950137 1: 10-Q................ Quarterly Report -- HTML 10-Q · 1st Page of 31± No Page-Breaks Line 2,586: The Company ’s investments consist primarily of ownership of approximately 7.9 million shares of Knight Trading Group, Inc. (“Knight”), representing approximately seven percent of Knight’s outstanding common shares as of December 31, 2004 . Knight is a publicly held company that is a market maker in equity securities. The Company accounts for its investment in Knight as a marketable equity security available-for-sale. As of December 31, 2004 and September 24, 2004 , the Company’s investment in Knight was valued at $86.6 million and $72.8 million, respectively. The Company’s cost basis is $0.7 million; therefore the gross unrealized gain was $85.9 million and ... Line 2,595: During fiscal 2003, the Company and a counterparty entered into a series of prepaid variable forward contracts on the Knight shares. The forward contracts mature on various dates in fiscal years 2006 and 2007. The forward contracts each contain a zero-cost embedded collar on the value of the Knight shares, with a weighted average floor price of $5.13 per share and a weighted average cap price of $6.17 per share. The Company has designated the forward contracts as cash flow hedges of the forecasted future sales of 7.9 million Knight shares. Accordingly, all changes in the fair value of the embedded collars are recorded in other comprehensive income, net of income taxes. As ... Line 2,707: Investment in Knight Line 6,396: ... contracts ”) with a counterparty with a total notional amount of approximately $41.4 million on 7.9 million underlying Knight shares. The forward contracts each contain a zero-cost embedded collar on the value of the Knight shares, with a weighted average floor price of $5.13 per share and a weighted average cap price of $6.17 per share. At the inception of ... Line 6,401: ... percent of the notional amount. The forward contracts mature on various dates in fiscal years 2006 and 2007. At maturity, we may settle the forward contracts in shares of Knight or in cash, at our option. If the market price of the Knight stock at maturity is equal to or less than the floor price, the counterparty will be entitled to receive one share of Knight or its cash equivalent for each underlying share. If the market price of the Knight stock at maturity is greater than the cap price, the counterparty will be entitled to receive the number of shares of Knight or its cash equivalent equal to the ratio of the floor price plus the excess of the market price over the cap ... Line 6,409: ... greater than the floor price but less than or equal to the cap price, the counterparty will be entitled to receive the number of Knight shares or its cash equivalent equal to the ratio of the floor price divided by the market price for each underlying share. Regardless of whether the forward contract is settled in Knight shares or in cash, we intend to sell the underlying Knight shares at maturity. Line 6,415: We have designated the forward contracts as cash flow hedges of the forecasted future sales of 7.9 million Knight shares. The forward contracts are expected to be perfectly effective hedges against changes in the cash flows associated with the forecasted future sales outside the price ranges of ... Line 6,438: ... each forward contract , the fair value of the collar and the realized gain or loss on the Knight stock delivered to the counterparty or otherwise sold will be reclassified from other comprehensive ... Line 6,538: ... revolving credit agreement as of September 24, 2004 . We hold two marketable equity securities, our investments in approximately 7.9 million shares of Knight and 75,700 shares of The Nasdaq Stock Market, Inc., which were recorded at fair value of $87.4 million ($54.3 million net of tax) at ... Line 6,545: ... 2003, we entered into a series of prepaid variable forward contracts with a total notional amount of approximately $41.4 million on 7.9 million underlying Knight shares. The forward contracts each contain an embedded collar on the value of the Knight shares, with a weighted average floor price of $5.13 per share and a weighted average cap price of $6.17 per share. We have designated the forward contracts as cash flow hedges of the forecasted future sales of 7.9 million Knight shares. As of December 31, 2004 and September 24, 2004 , the fair value of the embedded collars was ... Line 6,553: ... forward contracts are expected to be perfectly effective hedges against changes in cash flows associated with changes in the value of Knight shares outside the price ranges of the collars. 2: EX-10.1............. First Amendment to Third Amended and Restated Revolving Credit Agreement -- 15 pages 3: EX-10.2............. Summary of Fiscal 2005 Performance Criteria -- 1 page 4: EX-15.1............. Awareness Letter -- 1 page 5: EX-31.1............. Certification of Peo -- 2 pages 6: EX-31.2............. Certification of Pfo -- 2 pages 7: EX-32.1............. Section 906 Certification -- 1 page
1/18/05 Ameritrade Holding Corp 8-K{2,9} 1/18/05 2:10 Bowne of Dallas I..01/FA 1: 8-K................. Current Report -- HTML 2: EX-99.1............. News Release -- HTML EX-99.1 · 1st Page of 8± No Page-Breaks Line 1,981: ... broker-dealer cash and cash equivalents, b) the market value, net of tax, of our investment in Knight Trading Group, Inc. that is not subject to a prepaid variable forward contract for future sale and ... GRAPHIC............. c91201c9120199.gif
12/10/04 Ameritrade Holding Corp 10-Q/A 6/25/04 5:42 950137 1: 10-Q/A.............. Amendment to Form 10-Q -- HTML 10-Q/A · 1st Page of 36± No Page-Breaks Line 2,732: The Company ’s investments consist primarily of ownership of approximately 7.9 million shares of Knight Trading Group, Inc. (“Knight”), representing approximately seven percent of Knight’s outstanding common shares as of June 25, 2004 . Knight is a publicly held company that is a market maker in equity securities. The Company accounts for its investment in Knight as a marketable equity security available-for-sale. As of June 25, 2004 and September 26, 2003 , the Company ’s investment in Knight was valued at $79.8 million and $90.0 million, respectively. The Company ’s cost basis is $0.7 million; therefore the gross unrealized gain was $79.1 million and $89.3 million ... Line 2,741: During fiscal 2003, the Company and a counterparty entered into a series of prepaid variable forward contracts on the Knight shares. The forward contracts mature on various dates in fiscal years 2006 and 2007. The forward contracts each contain a zero-cost embedded collar on the value of the Knight shares, with a weighted average floor price of $5.13 per share and a weighted average cap price of $6.17 per share. The Company has designated the forward contracts as cash flow hedges of the forecasted future sales of 7.9 million Knight shares. Accordingly, all changes in the fair value of the embedded collars are recorded in other comprehensive income, net of income taxes. As ... Line 2,836: Investment in Knight Line 4,307: In October 2003, Keener, a pro se plaintiff, filed a putative class action against the Company , Knight Trading Group, Inc. and certain individuals in the United States District Court for the District of Nebraska. The plaintiff asserts his action on behalf of persons who became clients of ... Line 4,311: ... the Company , the principal allegations of the complaint are that the Company had an indirect and direct equity interest in Knight, to which it directed most of its orders for execution; that the Company failed to accurately disclose the nature of its relationship with Knight and the consideration it received from Knight for directing order flow to Knight; and that clients of Ameritrade did not receive best execution of their orders from Knight and the Company . The plaintiff claims that the Company ’s conduct violated certain provisions of the federal securities ... Line 4,329: ... director of the Company , are liable under Section 20(a) of the Exchange Act as “controlling persons” for the claimed wrongs attributed to the Company and Knight. In his prayer for relief, plaintiff requests monetary damages and/or rescissionary relief in the amount of $4.5 billion against all defendants, jointly and severally. In January 2004, the Company , Knight and the individual defendants filed motions to dismiss the complaint and to deny class certification or ... Line 4,339: ... against the Company defendants will be stayed pending arbitration. The District Court also granted the Knight defendants’ motion to dismiss and to strike to the extent of denying certification of a plaintiff class. The District Court ruled that plaintiff must file an amended complaint that ... Line 5,719: We define liquid assets as the sum of a) non broker-dealer cash and cash equivalents, b) the market value, net of tax, of our investment in Knight Trading Group, Inc. that is not subject to a prepaid variable forward contract for future sale and c) regulatory net capital of our broker-dealer ... Line 7,725: ... contracts ”) with a counterparty with a total notional amount of approximately $41.4 million on 7.9 million underlying Knight shares. The forward contracts each contain a zero-cost embedded collar on the value of the Knight shares, with a weighted average floor price of $5.13 per share and a weighted average cap price of $6.17 per share. At the inception of the forward contracts , we ... Line 7,740: ... various dates in fiscal years 2006 and 2007. At maturity, we may settle the forward contracts in shares of Knight or in cash, at our option. If the market price of the Knight stock at maturity is equal to or less than the floor price, the counterparty will be entitled to receive one share of Knight or its cash equivalent for each underlying share. If the market price of the Knight stock at maturity is greater than the cap price, the counterparty will be entitled to receive the number of shares of Knight or its cash equivalent equal to the ratio of the floor price plus the excess of the market price over the cap price, divided by the market price, for each underlying share. If the market price at maturity is greater than the floor price but less than or equal to the cap price, the counterparty will be entitled to receive the number of Knight shares or its cash equivalent equal to the ratio of the floor price divided by the market price for each underlying share. Regardless of whether the forward contract is settled in Knight shares or in cash, we intend to sell the underlying Knight shares at maturity. We have designated the forward contracts as cash flow hedges of the forecasted future sales of 7.9 million Knight shares. The forward contracts are expected to be perfectly effective hedges against changes in the cash flows associated with the forecasted future sales outside the price ranges of ... Line 7,765: ... rates with a weighted average of approximately 4.3 percent. Upon settlement of a forward contract , the fair value of the collar and the realized gain or loss on the Knight stock delivered to the counterparty or otherwise sold will be reclassified from other comprehensive income into earnings. Line 7,841: ... floating rate, as of June 25, 2004 and September 26, 2003 . We hold two marketable equity securities, our investments in approximately 7.9 million shares of Knight and 75,700 shares of The Nasdaq Stock Market, Inc., which were recorded at fair value of $80.3 million ($49.6 million net of ... Line 7,848: ... we entered into a series of prepaid variable forward contracts with a total notional amount of approximately $41.4 million on 7.9 million underlying Knight shares. The forward contracts each contain an embedded collar on the value of the Knight shares, with a weighted average floor price of $5.13 per share and a weighted average cap price of $6.17 per share. We have designated the forward contracts as cash flow hedges of the forecasted future sales of 7.9 million Knight shares. As of June 25, 2004 and September 26, 2003 , the fair value of the embedded collars was ... Line 7,856: ... forward contracts are expected to be perfectly effective hedges against changes in cash flows associated with changes in the value of Knight shares outside the price ranges of the collars. Line 7,942: Litigation – In October 2003, Keener, a pro se plaintiff, filed a putative class action against the Company, Knight Trading Group, Inc. and certain individuals in the United States District Court for the District of Nebraska. The plaintiff asserts his action on behalf of persons who became clients ... Line 7,946: ... the Company , the principal allegations of the complaint are that the Company had an indirect and direct equity interest in Knight, to which it directed most of its orders for execution; that the Company failed to accurately disclose the nature of its relationship with Knight and the consideration it received from Knight for directing order flow to Knight; and that clients of Ameritrade did not receive best execution of their orders from Knight and the Company . The plaintiff claims that the Company ’s conduct violated certain provisions of the federal securities ... Line 7,955: ... of the Exchange Act as “controlling persons” for the claimed wrongs attributed to the Company and Knight. In his prayer for relief, plaintiff requests monetary damages and/or rescissionary relief in the amount of $4.5 billion against all defendants, jointly and severally. In January 2004, the Company, Knight and the individual defendants filed motions to dismiss the complaint and to deny class certification or strike the class action allegations. In July 2004 the District Court ... Line 7,964: ... filed, the claims against the Company defendants will be stayed pending arbitration. The District Court also granted the Knight defendants’ motion to dismiss and to strike to the extent of denying certification of a plaintiff class. The District Court ruled that plaintiff must file an amended ... 2: EX-15.1............. Awareness Letter of Independent Registered Public Accounting Firm -- 1 page 3: EX-31.1............. Certification of Joseph H. Moglia, Principal Executive Officer -- 2 pages 4: EX-31.2............. Certification of John R. Macdonald, Principal Financial Officer -- 2 pages 5: EX-32.1............. Certification Pursuant to Section 906 -- 1 page
12/09/04 Ameritrade Holding Corp 10-K 9/24/04 16:166 950137 1: 10-K................ Annual Report -- HTML 10-K · 1st Page of 130± No Page-Breaks Line 1,905: Our investments consist primarily of ownership of approximately 7.9 million shares of Knight Trading Group, Inc. (“Knight”), representing approximately seven percent of Knight’s outstanding shares. Knight is a publicly held company that is a market maker in equity securities. We account for our investment in Knight as a marketable equity security available for sale. As of September 24, 2004 and September 26, 2003 , our investment in Knight was valued at $72.8 million and $90.0 million, respectively. Our cost basis is ... Line 1,924: ... amount of approximately $41.4 million on 7.9 million underlying Knight shares. The forward contracts each contain a zero-cost embedded collar on the value of the Knight shares, with a weighted average floor price of $5.13 per share and ... Line 1,933: ... maturity, we may settle the forward contracts in shares of Knight or in cash, at our option. If the market price of the Knight stock at maturity is equal to or less than the floor price, the counterparty will be entitled to receive one share of Knight or its cash equivalent for each underlying share. If the market price of the Knight stock at maturity is greater than the cap price, the counterparty will be entitled to receive the number of shares of Knight or its cash equivalent equal to the ratio of the floor price plus the excess of the market price ... Line 1,945: ... the counterparty will be entitled to receive the number of Knight shares or its cash equivalent equal to the ratio of the floor price divided by the market price for each underlying share. Regardless of whether the forward contract is settled in Knight shares or in cash, we intend to sell the underlying Knight shares at maturity. Line 1,955: ... flow hedges of the forecasted future sales of 7.9 million Knight shares. The forward contracts are expected to be perfectly effective hedges against changes in the cash flows ... Line 1,987: ... of a forward contract , the fair value of the collar and the realized gain or loss on the Knight stock delivered to the counterparty or otherwise sold will be reclassified from other ... Line 2,192: In October 2003, Keener, a pro se plaintiff, filed a putative class action against the Company , Knight Trading Group, Inc. and certain individuals in the United States ... Line 2,199: ... principal allegations of the complaint were that the Company had an indirect and direct equity interest in Knight, to which it directed most of its orders for execution; that the Company failed to accurately disclose the nature of its relationship with Knight and the consideration it received from Knight for directing order flow to Knight; and that clients of Ameritrade did not receive best execution of their orders from Knight and the Company . The plaintiff claimed that the Company ’s ... Line 2,214: ... persons” for the claimed wrongs attributed to the Company and Knight. In his prayer for relief, plaintiff requested monetary damages and/or rescissionary relief in the amount of $4.5 billion against all defendants, jointly and severally. In January 2004, the Company , Knight and the individual defendants filed motions to dismiss the complaint and to deny ... Line 2,228: ... claims against the Company defendants would be stayed pending arbitration. The District Court also granted the Knight defendants’ motion to dismiss and to strike to the extent ... Line 4,683: ... a) non broker-dealer cash and cash equivalents, b) the market value, net of tax, of our investment in Knight Trading Group, Inc. that is not subject to a prepaid variable forward ... Line 5,046: ... cash flow hedges of the forecasted future sales of our investment in Knight common stock. Accordingly, all changes in the fair value of the derivatives are recorded in other ... Line 7,958: ... by interest expense associated with the forward contracts on our Knight investment in fiscal 2003. We had no borrowings outstanding on our revolving credit agreement during ... Line 8,547: ... amount of approximately $41.4 million on 7.9 million underlying Knight shares. The forward contracts each contain a zero-cost embedded collar on the value of the Knight shares, with a weighted average floor price of $5.13 per share and ... Line 8,556: ... maturity, we may settle the forward contracts in shares of Knight or in cash, at our option. If the market price of the Knight stock at maturity is equal to or less than the floor price, the counterparty will be entitled to receive one share of Knight or its cash equivalent for each underlying share. If the market price of the Knight stock at maturity is greater than the cap price, the counterparty will be entitled to receive the number of shares of Knight or its cash equivalent equal to the ratio of the floor price plus the excess of the market price ... Line 8,568: ... the counterparty will be entitled to receive the number of Knight shares or its cash equivalent equal to the ratio of the floor price divided by the market price for each underlying share. Regardless of whether the forward contract is settled in Knight shares or in cash, we intend to sell the underlying Knight shares at maturity. Line 8,578: ... flow hedges of the forecasted future sales of 7.9 million Knight shares. The forward contracts are expected to be perfectly effective hedges against changes in the cash flows ... Line 8,611: Upon settlement of a forward contract , the fair value of the collar and the realized gain or loss on the Knight stock delivered to the counterparty or otherwise sold will be ... Line 9,096: ... variable forward contracts . The actual amount of the obligation is dependent on the market value of the underlying Knight shares at maturity of the contracts and may be settled in Knight shares or cash, at our option. Line 10,243: ... marketable equity securities, our investments in approximately 7.9 million shares of Knight and 75,700 shares of The Nasdaq Stock Market, Inc., which were recorded at fair value of ... Line 10,255: ... contracts with a total notional amount of approximately $41.4 million on 7.9 million underlying Knight shares. The forward contracts each contain an embedded collar on the value of the Knight shares, with a weighted average floor price of $5.13 per share and a weighted average cap price of ... Line 10,261: ... as cash flow hedges of the forecasted future sales of 7.9 million Knight shares. As of September 24, 2004 and September 26, 2003 , the fair value of the embedded ... Line 10,269: ... changes in cash flows associated with changes in the value of Knight shares outside the price ranges of the collars. Line 17,400: Knight Trading Group, Inc. (“Knight”) — The Company owns approximately 7.9 million shares of Knight, representing approximately seven percent of Knight’s outstanding common shares as of September 24, 2004 . Knight is a publicly held company that is a market maker in equity securities. The Company accounts for its investment in Knight as a marketable equity security available-for-sale. As of September 24, 2004 and September 26, 2003 , the Company’s investment in Knight was valued at $72.8 million and $90.0 million, respectively. The ... Line 17,436: ... counterparty entered into a series of prepaid variable forward contracts on the Knight shares (see Note 16). Line 17,558: Investment in Knight Line 22,638: In October 2003, Keener, a pro se plaintiff, filed a putative class action against the Company , Knight Trading Group, Inc. and certain individuals in the United States ... Line 22,645: ... principal allegations of the complaint were that the Company had an indirect and direct equity interest in Knight, to which it directed most of its orders for execution; that the Company failed to accurately disclose the nature of its relationship with Knight and the consideration it received from Knight for directing order flow to Knight; and that clients of Ameritrade did not receive best execution of their orders from Knight and the Company . The plaintiff claimed that the Company ’s ... Line 22,659: ... persons” for the claimed wrongs attributed to the Company and Knight. In his prayer for relief, plaintiff requested monetary damages and/or rescissionary relief in the amount of $4.5 billion against all defendants, jointly and severally. In January 2004, the Company , Knight and the individual defendants filed motions to dismiss the complaint and to deny ... Line 22,673: ... claims against the Company defendants would be stayed pending arbitration. The District Court also granted the Knight defendants’ motion to dismiss and to strike to the extent ... Line 23,463: ... notional amount of approximately $41.4 million on 7.9 million underlying Knight shares. The forward contracts each contain a zero-cost embedded collar on the value of the Knight shares, with a weighted average floor price of $5.13 per share and a weighted average cap price of ... Line 23,472: ... 2006 and 2007. At maturity, the Company may settle the forward contracts in shares of Knight or in cash, at the Company ’s option. If the market price of the Knight stock at maturity is equal to or less than the floor price, the counterparty will be entitled to receive one share of Knight or its cash equivalent for each underlying share. If the market price of the Knight stock at maturity is greater than the cap price, the counterparty will be entitled to receive the number of shares of Knight or its cash equivalent equal to the ratio of the floor price plus the excess of the market price over the cap price, ... Line 23,484: ... less than or equal to the cap price, the counterparty will be entitled to receive the number of Knight shares or its cash equivalent equal to the ratio of the floor price divided by the market price for each underlying share. Regardless of whether the forward contract is settled in Knight shares or in cash, the Company intends to sell the underlying Knight shares at maturity. Line 23,494: ... as cash flow hedges of the forecasted future sales of 7.9 million Knight shares. The forward contracts are expected to be perfectly effective hedges against changes in the ... Line 23,516: ... contract , the fair value of the collar and the realized gain or loss on the Knight stock delivered to the counterparty or otherwise sold will be reclassified from other comprehensive ... 2: EX-10.9............. Non-Qualified Stock Option Agreement -- 3 pages 3: EX-10.11............ Amendment to Employment Agreement -- 4 pages 4: EX-10.12............ Non-Qualified Stock Option Agreement -- 4 pages 5: EX-10.15............ Renewal of Executive Employment Agreement -- 1 page 6: EX-10.25............ Form of 1996 Long Term Incentive Plan Non-Qualified Stock Option Agreement for Executives -- 5 pages 7: EX-10.27............ Form of 1996 Directors Incentive Plan Non-Qualified Stock Option Agreement -- 2 pages 8: EX-10.28............ Form of 1996 Directors Incentive Plan Restricted Stock Agreement -- 2 pages 9: EX-10.29............ Executive Deferred Compensation Program -- 4 pages 10: EX-10.32............ First Amendment of Datek Online Holdings Corp. 1998 Stock Option Plan -- 2 pages 11: EX-10.34............ First Amendment of Datek Online Holdings Corp. 2001 Stock Incentive Plan -- 1 page 12: EX-21.1............. Subsidiaries of the Registrant -- 2 pages 13: EX-23.1............. Consent of Independent Registered Public Accounting Firm -- 1 page 14: EX-31.1............. Certification of Principal Executive Officer -- 2 pages 15: EX-31.2............. Certification of Principal Financial Officer -- 2 pages 16: EX-32.1............. Certification -- 1 page
10/19/04 Ameritrade Holding Corp 8-K{2,9} 10/19/04 2:13 950137 1: 8-K................. Current Report -- HTML 2: EX-99.1............. Press Release -- HTML EX-99.1 · 1st Page of 10± No Page-Breaks Line 2,952: ... and cash equivalents, b) the market value, net of tax, of our investment in Knight Trading Group, Inc. that is not subject to a prepaid variable forward contract for future sale and c) regulatory net capital of our broker-dealer ... GRAPHIC............. c88884c888841eo1.gif
8/03/04 Ameritrade Holding Corp 10-Q 6/25/04 6:54 950137 1: 10-Q................ Quarterly Report -- HTML 10-Q · 1st Page of 35± No Page-Breaks Line 2,726: The Company ’s investments consist primarily of ownership of approximately 7.9 million shares of Knight Trading Group, Inc. (“Knight”), representing approximately seven percent of Knight’s outstanding common shares as of June 25, 2004 . Knight is a publicly held company that is a market maker in equity securities. The Company accounts for its investment in Knight as a marketable equity security available-for-sale. As of June 25, 2004 and September 26, 2003 , the Company ’s investment in Knight was valued at $79.8 million and $90.0 million, respectively. The Company ’s cost basis is $0.7 million; therefore the ... Line 2,737: During fiscal 2003, the Company and a counterparty entered into a series of prepaid variable forward contracts on the Knight shares. The forward contracts mature on various dates in fiscal years 2006 and 2007. The forward contracts each contain a zero-cost embedded collar on the value of the Knight shares, with a weighted average floor price of $5.13 per share and a weighted average cap price of $6.17 per share. The Company has designated the forward contracts as cash flow hedges of the forecasted future sales of 7.9 million Knight shares. Accordingly, all changes in the fair value of the embedded collars are ... Line 2,838: Investment in Knight Line 4,277: In October 2003, Keener, a pro se plaintiff, filed a putative class action against the Company , Knight Trading Group, Inc. and certain individuals in the United States District Court for the District of Nebraska. The plaintiff ... Line 4,282: ... pertains to the Company , the principal allegations of the complaint are that the Company had an indirect and direct equity interest in Knight, to which it directed most of its orders for execution; that the Company failed to accurately disclose the nature of its relationship with Knight and the consideration it received from Knight for directing order flow to Knight; and that clients of Ameritrade did not receive best execution of their orders from Knight and the Company . The plaintiff claims that the Company ’s conduct violated certain provisions of the federal securities laws, including Sections ... Line 4,293: ... the Company , are liable under Section 20(a) of the Exchange Act as “controlling persons” for the claimed wrongs attributed to the Company and Knight. In his prayer for relief, plaintiff requests monetary damages and/or rescissionary relief in the amount of $4.5 billion against all defendants, jointly and severally. In January 2004, the Company , Knight and the individual defendants filed motions to dismiss the complaint and to deny class certification or ... Line 4,305: ... against the Company defendants will be stayed pending arbitration. The District Court also granted the Knight defendants’ motion to dismiss and to strike to the extent of denying certification of a plaintiff class. The ... Line 5,631: Regulation G. We define liquid assets as the sum of a) non broker-dealer cash and cash equivalents, b) the market value, net of tax, of our investment in Knight Trading Group, Inc. that is not subject to a prepaid variable forward contract for future sale and c) regulatory net capital of our ... Line 7,673: ... contracts (the “forward contracts ”) with a counterparty with a total notional amount of approximately $41.4 million on 7.9 million underlying Knight shares. The forward contracts each contain a zero-cost embedded collar on the value of the Knight shares, with a weighted average floor price of $5.13 per share and a weighted average cap price of $6.17 per share. At the inception of the forward ... Line 7,680: ... on various dates in fiscal years 2006 and 2007. At maturity, we may settle the forward contracts in shares of Knight or in cash, at our option. If the market price of the Knight stock at maturity is equal to or less than the floor price, the counterparty will be entitled to receive one share of Knight or its cash equivalent for each underlying share. If the market price of the Knight stock at maturity is greater than the cap price, the counterparty will be entitled to receive the number of shares of Knight or its cash equivalent equal to the ratio of the floor price plus the excess of the market price over the cap ... Line 7,689: ... price at maturity is greater than the floor price but less than or equal to the cap price, the counterparty will be entitled to receive the number of Knight shares or its cash equivalent equal to the ratio of the floor price divided by the market price for each underlying share. Regardless of whether the forward contract is settled in Knight shares or in cash, we intend to sell the underlying Knight shares at maturity. We have designated the forward contracts as cash flow hedges of the forecasted future sales of 7.9 million Knight shares. The forward contracts are expected to be perfectly effective hedges against changes in the cash flows associated ... Line 7,720: ... of approximately 4.3 percent. Upon settlement of a forward contract , the fair value of the collar and the realized gain or loss on the Knight stock delivered to the counterparty or otherwise sold will be reclassified from other ... Line 7,801: ... marketable equity securities, our investments in approximately 7.9 million shares of Knight and 75,700 shares of The Nasdaq Stock Market, Inc., which were recorded at fair value of $80.3 million ($49.6 million net of tax) at June 25, ... Line 7,818: ... entered into a series of prepaid variable forward contracts with a total notional amount of approximately $41.4 million on 7.9 million underlying Knight shares. The forward contracts each contain an embedded collar on the value of the Knight shares, with a weighted average floor price of $5.13 per share and a weighted average cap price of $6.17 per share. We have designated the forward contracts as cash flow hedges of the forecasted future sales of 7.9 million Knight shares. As of June 25, 2004 and September 26, 2003 , the fair value of the embedded collars was approximately $36.6 million and $46.7 million, ... Line 7,828: ... forward contracts are expected to be perfectly effective hedges against changes in cash flows associated with changes in the value of Knight shares outside the price ranges of the collars. Line 7,874: Litigation – In October 2003, Keener, a pro se plaintiff, filed a putative class action against the Company , Knight Trading Group, Inc. and certain individuals in the United States District Court for the District of Nebraska. Line 7,879: ... it pertains to the Company , the principal allegations of the complaint are that the Company had an indirect and direct equity interest in Knight, to which it directed most of its orders for execution; that the Company failed to accurately disclose the nature of its relationship with Knight and the consideration it received from Knight for directing order flow to Knight; and that clients of Ameritrade did not receive best execution of their orders from Knight and the Company . The plaintiff claims that the Company ’s conduct violated certain provisions of the federal securities laws, including Sections ... Line 7,890: ... the Company , are liable under Section 20(a) of the Exchange Act as “controlling persons” for the claimed wrongs attributed to the Company and Knight. In his prayer for relief, plaintiff requests monetary damages and/or rescissionary relief in the amount of $4.5 billion against all defendants, jointly and severally. In January 2004, the Company , Knight and the individual defendants filed motions to dismiss the complaint and to deny class certification or ... Line 7,902: ... against the Company defendants will be stayed pending arbitration. The District Court also granted the Knight defendants’ motion to dismiss and to strike to the extent of denying certification of a plaintiff class. The ... 2: EX-10.1............. Executive Employment Agreement -- 13 pages 3: EX-15.1............. Awareness Letter of Independent Registered Public Accounting Firm -- 1 page 4: EX-31.1............. 302 Certification of Principal Executive Officer -- 2 pages 5: EX-31.2............. 302 Certification of Principal Financial Officer -- 2 pages 6: EX-32.1............. 906 Certification -- 1 page
7/20/04 Ameritrade Holding Corp 8-K{7,12} 7/20/04 2:11 Bowne of Dallas I..01/FA 1: 8-K................. Current Report -- HTML 2: EX-99.1............. News Release -- HTML EX-99.1 · 1st Page of 9± No Page-Breaks Line 2,663: ... and cash equivalents, b) the market value, net of tax, of our investment in Knight Trading Group, Inc. that is not subject to a prepaid variable forward contract for future sale and c) regulatory net capital of our broker-dealer ... GRAPHIC............. c86889c868891eo1.gif
5/06/04 Ameritrade Holding Corp 10-Q 3/26/04 8:67 950137 1: 10-Q................ Quarterly Report -- HTML 10-Q · 1st Page of 35± No Page-Breaks Line 2,704: The Company ’s investments consist primarily of ownership of approximately 7.9 million shares of Knight Trading Group, Inc. (“Knight”), representing approximately seven percent of Knight’s outstanding common shares as of March 26, 2004 . Knight is a publicly held company that is a market maker in equity securities. The Company accounts for its investment in Knight as a marketable equity security available-for-sale. As of March 26, 2004 and September 26, 2003 , the Company ’s investment in Knight was valued at $98.8 million and $90.0 million, respectively. The Company ’s cost basis is $0.7 million; therefore the ... Line 2,715: During fiscal 2003, the Company and a counterparty entered into a series of prepaid variable forward contracts on the Knight shares. The forward contracts mature on various dates in fiscal years 2006 and 2007. The forward contracts each contain a zero-cost embedded collar on the value of the Knight shares, with a weighted average floor price of $5.13 per share and a weighted average cap price of $6.17 per share. The Company has designated the forward contracts as cash flow hedges of the forecasted future sales of 7.9 million Knight shares. Accordingly, all changes in the fair value of the embedded collars are ... Line 2,807: Investment in Knight Line 4,253: ... against this action. In October 2003, Keener, a pro se plaintiff, filed a putative class action against the Company , Knight Trading Group, Inc. and certain individuals in the United States District Court for the District of ... Line 4,259: ... complaint are that the Company had an indirect and direct equity interest in Knight, to which it directed most of its orders for execution; that the Company failed to accurately disclose the nature of its relationship with Knight and the consideration it received from Knight for directing order flow to Knight; and that clients of Ameritrade did not receive best execution of their orders from Knight and the Company . The plaintiff claims that the Company ’s conduct violated certain provisions of the federal securities laws, including Sections ... Line 4,269: ... the Company , are liable under Section 20(a) of the Exchange Act as “controlling persons” for the claimed wrongs attributed to the Company and Knight. In his prayer for relief, plaintiff requests monetary damages and/or rescissionary relief in the amount of $4.5 billion against all defendants, jointly and severally. On January 16, 2004 , the Company , Knight and the individual defendants filed motions to dismiss the complaint and to deny class ... Line 5,582: Regulation G. We define liquid assets as the sum of a) non broker-dealer cash and cash equivalents, b) the market value, net of tax, of our investment in Knight Trading Group, Inc. that is not subject to a prepaid variable forward contract for future sale and c) regulatory net ... Line 7,662: ... contracts (the “forward contracts ”) with a counterparty with a total notional amount of approximately $41.4 million on 7.9 million underlying Knight shares. The forward contracts each contain a zero-cost embedded collar on the value of the Knight shares, with a weighted average floor price of $5.13 per share and a weighted average cap price of $6.17 per share. At the inception of the forward ... Line 7,668: ... amount. The forward contracts mature on various dates in fiscal years 2006 and 2007. At maturity, we may settle the forward contracts in shares of Knight or in cash, at our option. If the market price of the Knight stock at maturity is equal to or less than the floor price, the counterparty will be entitled to receive one share of Knight or its cash equivalent for each underlying share. If the market price of the Knight stock at maturity is greater than the cap price, the counterparty will be entitled to receive the number of shares of Knight or its cash equivalent equal to the ratio of the floor price plus the excess of the market price over the cap price, divided by the market price, for ... Line 7,678: ... floor price but less than or equal to the cap price, the counterparty will be entitled to receive the number of Knight shares or its cash equivalent equal to the ratio of the floor price divided by the market price for each underlying share. Regardless of whether the forward contract is settled in Knight shares or in cash, we intend to sell the underlying Knight shares at maturity. We have designated the forward contracts as cash flow hedges of the forecasted future sales of 7.9 million Knight shares. The forward contracts are expected to be perfectly effective hedges against changes in the cash flows associated ... Line 7,699: ... of approximately 4.3 percent. Upon settlement of a forward contract , the fair value of the collar and the realized gain or loss on the Knight stock delivered to the counterparty or otherwise sold will be reclassified from other ... Line 7,782: 26, 2004 . We hold two marketable equity securities, our investments in approximately 7.9 million shares of Knight and 75,700 shares of The Nasdaq Stock Market, Inc., which were recorded at fair value of $99.4 million ($61.3 ... Line 7,791: ... total notional amount of approximately $41.4 million on 7.9 million underlying Knight shares. The forward contracts each contain an embedded collar on the value of the Knight shares, with a weighted average floor price of $5.13 per share and a weighted average cap price of $6.17 per share. We have designated the forward contracts as cash flow hedges of the forecasted future sales of 7.9 million Knight shares. As of March 26, 2004 and September 26, 2003 , the fair value of the embedded collars was approximately $54.2 million and $46.7 ... Line 7,800: The forward contracts are expected to be perfectly effective hedges against changes in cash flows associated with changes in the value of Knight shares outside the price ranges of the collars. 2: EX-10.1............. Executive Employment Agreement -- 12 pages 3: EX-10.2............. Executive Deferred Compensation Program -- 4 pages 4: EX-14............... Code of Ethics -- 10 pages 5: EX-15.1............. Independent Accountants’ Awareness Letter -- 1 page 6: EX-31.1............. Certification of Peo -- 2 pages 7: EX-31.2............. Certification of Pfo -- 2 pages 8: EX-32.1............. Certification -- 1 page
4/20/04 Ameritrade Holding Corp 8-K{7,12} 4/20/04 2:12 950137 1: 8-K................. Current Report -- HTML 2: EX-99.1............. News Release -- HTML EX-99.1 · 1st Page of 10± No Page-Breaks Line 2,698: Liquid assets is considered a Non-GAAP financial measure as defined by SEC Regulation G. We define liquid assets as the sum of a) non broker-dealer cash and cash equivalents, b) the market value, net of tax, of our investment in Knight Trading Group, Inc. that is not subject to a prepaid variable forward contract for future sale and c) regulatory net capital of our broker-dealer subsidiaries in excess of 5% of aggregate debit items. We consider liquid assets an important measure of our ... GRAPHIC............. c84643ameritrade.jpg
2/11/04 Ameritrade Holding Corp 10-Q 12/31/03 9:117 950137 1: 10-Q................ Quarterly Report -- HTML 10-Q · 1st Page of 33± No Page-Breaks Line 2,446: The Company ’s investments consist primarily of ownership of approximately 7.9 million shares of Knight Trading Group, Inc. (“Knight”), representing approximately seven percent of Knight’s outstanding common shares as of December 31, 2003 . Knight is a publicly held company that is a market maker in equity securities. The Company accounts for its investment in Knight as a marketable equity security available-for-sale. As of December 31, 2003 and September 26, 2003 , the Company ’s investment in Knight was valued at $115.9 million and $90.0 million, respectively. The Company ’s cost basis is $0.7 ... Line 2,463: During fiscal 2003, the Company and a counterparty entered into a series of prepaid variable forward contracts on the Knight shares. The forward contracts mature on various dates in fiscal years 2006 and 2007. The forward contracts each contain a zero-cost embedded collar on the value of the Knight shares, with a weighted average floor price of $5.13 per share and a weighted average ... Line 2,469: ... as cash flow hedges of the forecasted future sales of 7.9 million Knight shares. Accordingly, all changes in the fair value of the embedded collars are recorded in other comprehensive ... Line 2,581: Investment in Knight Line 3,469: In October 2003, Keener, a pro se plaintiff, filed a putative class action against the Company , Knight Trading Group, Inc. and certain individuals in the United States District Court for the District of Nebraska. The plaintiff ... Line 3,474: ... pertains to the Company , the principal allegations of the complaint are that the Company had an indirect and direct equity interest in Knight, to which it directed most of its orders for execution; that the Company failed to accurately disclose the nature of its relationship with Knight and the consideration it received from Knight for directing order flow to Knight; and that clients of Ameritrade did not receive best execution of their orders from Knight and the Company . The plaintiff claims that the Company ’s conduct violated certain provisions of the federal securities laws, including Sections ... Line 3,485: ... the Company , are liable under Section 20(a) of the Exchange Act as “controlling persons” for the claimed wrongs attributed to the Company and Knight. In his prayer for relief, plaintiff requests monetary damages and/or rescissionary relief in the amount of $4.5 billion against all defendants, jointly and severally. On January 16, 2004 , the Company , Knight and the individual defendants filed motions to dismiss the complaint and to deny class ... Line 4,868: ... convertible subordinated notes during October 2003, partially offset by interest expense associated with the forward contracts on our Knight investment which began in the second quarter of fiscal 2003. Line 5,190: ... contracts (the “forward contracts ”) with a counterparty with a total notional amount of approximately $41.4 million on 7.9 million underlying Knight shares. The forward contracts each contain a zero-cost embedded collar on the value of the Knight shares, with a weighted average floor price of $5.13 per share and a weighted average cap price of $6.17 per share. At the inception of the forward ... Line 5,197: ... on various dates in fiscal years 2006 and 2007. At maturity, we may settle the forward contracts in shares of Knight or in cash, at our option. If the market price of the Knight stock at maturity is equal to or less than the floor price, the counterparty will be entitled to receive one share of Knight or its cash equivalent for each underlying share. If the market price of the Knight stock at maturity is greater than the cap price, the counterparty will be entitled to receive the number of shares of Knight or its cash equivalent equal to the ratio of the floor price plus the excess of the market price over the cap ... Line 5,206: ... price at maturity is greater than the floor price but less than or equal to the cap price, the counterparty will be entitled to receive the number of Knight shares or its cash equivalent equal to the ratio of the floor price divided by the market price for each underlying share. Regardless of whether the forw
Posted by legaleagle on :
A CMKXer Writes to President Bush
From Million Millionaires Board
Saltydog's letter to President Bush « Thread started on: Today at 9:46pm »
-------------------------------------------------------------------------------- The Honorable George W. Bush President of the United States 1600 Pennsylvania Avenue Washington, DC 20500
March 10, 2005
Dear President Bush
I sincerely hope this letter finds you well and has a profound a decisive reaction from you. I trust bringing this to your personal attention will cause you to act and come to the correct decision. I will attempt to advise you of what I know and what I see as a citizen who has been in the trenches of due diligence, finding a quagmire of corruption in some higher levels of government and the securities markets.
First of all, I am a middle class individual, making $100,000 to $125,000 per year for the past 10 years. I am a Texas boy, born in Greenville, Texas and graduated from Trinity University, San Antonio. We are both around the same age as I am 57 year old residence of Orlando, Florida. I played baseball for the New York Yankees and Philadelphia Phillies early in life and I know you owned the Texas Rangers for a time. We have other things in common since we are both Christians. My Dad is a retired Presbyterian Minister, Dr. of Divinity from Vanderbilt University. I love what you have done for our country, your management style and honesty is why my family respects you so much.
Having introduced myself, I wish to get to the point of my letter. I wish I could look you in the eye to discuss this powerful topic instead of writing you, as I believe I could get my point across more effectively.
President Bush, you have the chance to save America and the Social Security program which you are trying to implement and is the single most important change in our nation's history. However, I believe your potential for success would be far greater should you institute changes within the system of trading by closing the loopholes which exist at the D.T.C.C. and exploited by Hedge funds, offshore companies, Foreign Exchanges and corrupt broker dealers, which are "Naked Shorting Selling" our stocks to death.
Thousands of small companies are run right of out business every year. Even the newest, regulation SHO, which went into effect January of this year, has had virtually no effect on the Naked Shorting.
The net result, President Bush, is that if this continues, no Social Security program would ever be safe and our children will not have control of their destiny. Please address this issue once and for all. The S.E.C. proclaims to be our friend and has the duty of watching out for the stockholders of America, but I am afraid that justice has not prevailed and corruption has entered the marketplace at its highest levels. It is my feeling that people like George Soros, hedge funds, market manipulators and corrupt Broker Dealers are even funneling a percentage of illegal profits to fund terrorism and many other illegal activities.
Naked Shorting sir is, creating shares from thin air (counterfeiting), through the abuse of D.T.C.C. borrowing program. This is where the problem needs to be stopped. Then perhaps a level playing field could exist again and the public’s confidence regained through electronic trading with a specialist instead of Market Maker and would also be more easily maintained.
President Bush, I implore you to act on this huge problem and leave a legacy for all Americans. Please contact me anytime at home xxx-xxx-xxxx or my cell xxx-xxx-xxxx should yourself or a staff member wish to discuss this matter further. I love the job you have doing to defeat terrorism and tackle major problems we face internally such as described above. God bless you and your family and God Bless America.
Respectfully,
Patrick K. Cluney
Posted by legaleagle on :
By: abadgoodgirl 25 Mar 2005, 07:59 PM EST Msg. 867596 of 867629 (This msg. is a reply to 867488 by rogue.river.) Jump to msg. # i don't pimp stocks. I pick them and they're either good or bad. I do my research and that is that.
CMKX is an obscure company in Nevada with the assets in the CEO's hometown of Saskatchewan.
It's a pink sheet stock. Odds are already against it so you are the dumb dumbs in my opinion.
Challenges are my middle name, I search for undervalued companies.
CMKX has Robert A. Maheu as its co-chairman. Citigroup is sponsoring an obscure pink sheet company in the funny car circuit when they now have their own BUSH car.
CMKX has claims surrounding Debeers and Shore Gold. CMKX has more than a sponsor relationship with Citigroup.
And I bought the stock because of the mineral claims surrounding DeBeers' property and the claims are located in mineral rich saskatchewan and it trades at .0001.
There is not much information available but that is the nature of the pink sheets. So it goes with the territory.
Those are the bottom lines and no other pink sheet has those kinds of claims, with that kind of high profile leadership and an as yet unknown relationship with Citigroup besides sponsoring the car.
The Prince Alwalleed Bin Talal Alsaud is the largest single shareholder in Citigroup.
Maheu has contacts from here to the Middle East according to his statement in the Review Journal.
Maheu was announced January 31st 2004 and Citigroup sponsored CMKX shortly thereafter.
There is something valuable on those claims of Urbans in Saskatchewan or Citigroup and Maheu would have no use for an obscure POS pink sheet stock like CMKX.
But we'll just have to wait and see. Out of all the speculative penny stocks out there, this one is the most intriquing of them all. It trades more shares daily then any other security in the history of the free world and yet the price doesn't go up.
Say what you will be the longs here who have done there research find this a fascinating set of events and feel based upon the circumstantial evidence something very very serious is involved and the shareholders will be rewarded.
You can bet your bippy that Saudi Arabian Investor Prince Alwalleed Bin Talal Alsaud knows all about what CMKX has in the way of claims.
Sorry you of are the mindset that all pink sheet stocks and all penny stocks are scams. Go buy Enron or Worldcon and get yourself a respectable company that was NYSE with audited financial statements and get out of this arena.
You do not belong down here searching for opportunities. I am not a very good pumper since the stock is in the toilette and hasnt gone anywhere from my postings.
You are a desperate loser Market Maker or Hedgefund and you have lost. You will lose. You have made poor alliances. You should have alligned yourself with a million + acres of mineral claims in a mineral rich location with DeBeers in their backyard holding a paltry 58K acres of minerals. You are going against the claims, Robert A. Maheu's connections from here to the "Middle East" and Citigroup sponsoring us and putting their logo on our little pink sheet CMKX funny car where the security trades billions and billions daily and a price that never moves.
You are a pathetic tassle loafer wearing girlie man who sucked money illegally from American small companies and individual investors and you deserve what is coming your way.
Posted by glassman on :
legal, i'll hand it to ya. you guys do come up with alot of interesting factoids...
problem is? they just don't all fit together under cmk?....
IF there WAS a nekked shoit? UC sold you guys out buy selling DIRECT to the MM's....
Posted by Ktrain420 on :
I OWN "CMKX"!!!!!!!! ............IM GONNA RETIRE AND GO TO DISNEY WORLD!!!!!!!!!!!!!!............LOL.........SORRY I COULD NOT HELP MYSELF..........GOOD LUCK
Posted by legaleagle on :
quote:Originally posted by glassman: legal, i'll hand it to ya. you guys do come up with alot of interesting factoids...
problem is? they just don't all fit together under cmk?....
IF there WAS a nekked shoit? UC sold you guys out buy selling DIRECT to the MM's....
And spend the rest of his life running from 45-70K angry shareholders? Don't thinks so.
Haven't you heard about the diamonds, gold, uranium, oil and zinc? Why would he want to spend a life on the run when he has the goods? Why would he want to throw away a loyal shareholder base of that size as he goes into full mining operations?
Posted by bill1352 on :
legel, sorry bud but your theories hold less water then a strainer. cmkx may find a diamond mine 1 day. the controling partner in the uranium mine may 1 day mine uranium. their gold mine may install needed cash flow. out of all the cults wild ideas these may happen. but to prove a naked short there is no need to flood the market with 703 billion shares. 203 billion of which hit the market when the pps was .0001 to .0002 thus selling into the market hi & buying low is out on them. if thats what UC was doing he could have stopped at 100 billion or 50 billion & proven the same thing. what your cult is saying is that every or almost every shareholder in the general public holds naked shorted shares. the truth is i could see a company doing just what your theory states to prove that the system is corrupt. but this could be done with 100 million shares. in fact i'd love to see a CEO read your theory & put it into play. pick some unconnected SOB out of the main shareholders & let him loose, buy everything up over the course of 6 months & then walk into a court of law with the goods, not the SEC's office. maybe take it to a newly elected senator. one not corrupted by yrs in washington. i'll even be kind enough to say that naked shorting started UC down the dilution trail back in 2003 when in 6 months the o/s went from 500 million to 7.3 billion but thats where i and so many other say enough is enough. at that point UC went from being the screwee to being the screwer & dilution got way past out of control. as for running from angry shareholders??? if the SEC shuts cmkx down who will the cult blame? UC? or the system?...i'll bet it isn't UC
Posted by Wallace#1 on :
And he's so capable, he is managing all those diamonds (2 bit sized), gold, uranium, oil and zinc all by himself, huh? Impossible!!!! Therefore, they probably exist in quantity and value as do the tiny diamonds they led shareholders to believe were a substantial find with much more in the pipe.
Posted by Dustoff101 on :
GOLD,,,,gold,,,gold,,gold, I am selling everything aand aaaaaaaa heading north on U/C'S recomendation of course.
Posted by Dustoff101 on :
..scrolling down through legals novel is burning up my computer..Whats a PM ?
Posted by Ric on :
PM = Private Message
Posted by bill1352 on :
a personal message from god dusty...you'll find them in your profile section
Posted by derek111c on :
Hey if CMKX gets shut down can't Urban just roll the assets into one of the dividend companys? UCAD, GEMM, CIM, CMI. I believe we were supposed to get a second GEMM divi.
Posted by Ric on :
legal,
That repost of abadgoodgirl was the biggest piece of crap I have ever read. All racing cars have second, third, an so on sponsors. That doen't mean crap. The logic she is giving must mean that ever second sponsor on a car must have ties with the main sponsor, using that logic then Dupont must be getting ready to sign a deal with Pepsis since both are sponsors on Jeff Gordons cars. After the first couple sentences all she went on about is how Citibank was involved with CMKX. Wrong they are involved with the funny car thats it. All you post ever do is talk about other companies and how they do this and that so cmkx must also be. Wheres the proof. THe only proof we have from UC so far is that there is 703 billion o/s and he can't answer the SEC questions so they will be shut down.
Posted by KonaRide on :
.....does Ktrain really have CMKX?
Posted by Ric on :
No he was kidding, he is smarter then that.
quote:Originally posted by KonaRide: .....does Ktrain really have CMKX?
Posted by bill1352 on :
UC the clown comes out & says "i'm to lazy & incompetent to keep records so there are no financial records to report." (not a perfectionist) yet he can figure out that the way to beat the mm's is to dilute the crap out of his stock & then buy it all back. ya think just maybe you'd want all your ducks in a row when you sprung your trap? ya think maybe you'd want to be able to prove every single point like valuation, finds, maybe even where every dollar went? maybe i'm goofy but i'd have to say i'd want every step in triplicate. I'd want every penny accounted for if i was going to the SEC with some wild scheme to prove i was harmed by naked shorting. (before the comments start we can just say i'm goofy anyway...lol) i'd say the most wrong way to start such a trap is by telling the world..."opps, i forgot to keep records. silly me." so we aren't bashers any more, we are negitivity pumpers...hmmm. i'd have to say our leader in this cause is UC himself. i'm mean how much more negitivity can you spread then this last pr?
Posted by Dustoff101 on :
I'll bet U/C did'nt forget where he put that roll of cash he stole from the investors.
Posted by Dustoff101 on :
wallace and dwman.. I will accept PM now..also I have two stars..Well,,Thats better than what I got in the first grade....I dont want 5 stars,,I see to many 5 stars who have they're head up they're south end when they're going north!!!
Posted by legaleagle on :
I have seen so many come in here and talk about how Urban is wasting CMKX money on racing.
First, Urban's racing activities are done under a completely separate corporation called CMKXTREME, INC.
CMKXTREME INC is the Primary Sponsor of the car, not the owner. The owner is CanAm Motorsports. From lasts years PR: "The Canadian native and Can-Am Motorsports have signed a primary sponsorship with a Canadian-based diamond-mining group. The team's new eye-catching Pontiac Firebird will be called the CMKX-treme Machine."
As a primary sponsor CMKXTREME INC., pays a sponsorship fee for the year, based on the amount of exposure it is given. Here is a typical motorsports sponsorship offering with prices:
"Level 7 Primary Major Sponsorship $100,000.00 - $250,000.00 Naming rights sponsorship (perceived “ownership” of the team), race truck and trailer painted in company colors and logos along with matching driver and crew uniforms conforming to company requirements. All self-liquidation items will bear company colors and logos. Sponsorship announcements throughout race season. Advertising on race team website and links to company homepage. Opportunity to involve sponsor’s preferred charitable organization or cause. Discount for multi-year contract. Company has merchandising rights and product endorsements. Tickets to the events including VIP passes where valid. Use of sponsor venue for launch, main event, or supporting event. More details to be worked out with truck owner."
I would say that for a year long advertising program, that is a pretty reasonable rate, considering exposure from the track, programs, television and radio coverage. Heck, just the amount of exposure they have been given on this thread over the year, from the "negativity pumpers" was worth that much.
Posted by glassman on :
yeah right legal...except the "sponsorship" was unarguably designed to market the only product cmk? sells...wasn't it? LOL shares of stock
Posted by legaleagle on :
bill, you stated, "but this could be done with 100 million shares". How would you financially squeeze the DTCC and MMs with $10,000 worth of shares? Doesn't 800 billion @ $80,000,000.00 make more sense, not to mention profit. If CMKX was going to break the backs of the NS it had to be something collosal, something they would never forget, something they couldn't say: "Oh, that was just an entry error.
Posted by legaleagle on :
quote:Originally posted by glassman: yeah right legal...except the "sponsorship" was unarguably designed to market the only product cmk? sells...wasn't it? LOL shares of stock
Sure glass, that was exactly what it was designed to do: SELL SHARES.
That is how a diamond exploration company derives it's financing to perform it's exploration activities. They aren't selling a product, yet, they are asking for financing of the exploration activities. Frankly, I am glad they went to a large population of potential investors to achieve that financing. It gave them the working capital they needed to not only "explore", but fend off the attack by the MM's with a major financial trap.
Posted by glassman on :
quote:Originally posted by legaleagle:
quote:Originally posted by glassman: yeah right legal...except the "sponsorship" was unarguably designed to market the only product cmk? sells...wasn't it? LOL shares of stock
Sure glass, that was exactly what it was designed to do: SELL SHARES.
That is how a diamond exploration company derives it's financing to perform it's exploration activities. They aren't selling a product, yet, they are asking for financing of the exploration activities. Frankly, I am glad they went to a large population of potential investors to achieve that financing. It gave them the working capital they needed to not only "explore", but fend off the attack by the MM's with a major financial trap.
so, where's the diamonds? you know, i've followed this since summer of '03, and i ALMOST bought 300$ worth then....somebody was posting RIGHT HERE that they had a friend on site up there and that daimonds were already being brought up out of the ground...
since then?
the 300$ would have become 100$ and my "peice" of the pie? would have become astronomically less....the numbers are astounding....i'm not even gonna try to figure out the exzakt proportion of 1msh of500million to 1 mill sh in 700billion...my cacklacker don't even go above 100 millions.... i don't know how you guys can keep making excuses...
Posted by glassman on :
the only financial trap i see here is the poor investors who have to take 50% LOSS to get back out
Posted by legaleagle on :
Glass, it would be extremely illogical to announce major mineral finds into a share structure this large, and a market this manipulated. That is why they are fixing that problem first.
Posted by glassman on :
quote:Originally posted by legaleagle: Glass, it would be extremely illogical to announce major mineral finds into a share structure this large, and a market this manipulated. That is why they are fixing that problem first.
come on legal...
this would be a two year old "secret"...( hint: they don't exist)...
you think i'm posting this out of some sadistic pleasure?.. i'm not....this is going backwards and has been since summer "03.....
Posted by bill1352 on :
legel..many of the naked short theories install the great care UC has for not destroying the market as a whole, thus further ruining your 703 billion reason. second as i pointed out you would want exact records, not "we can't find some" records. the point is to prove there are more shares in the market then in the o/s. the fact is this can be done with 1 share, you want to squeeze'em ok 100 billion shares. the only squeeze 703 billion causes is the r/s squeeze the investors will have to endure IF the SEC says ok stay on the pinks but REPORT EVERYTHING.
Posted by bill1352 on :
hey glass, would that be the summer the o/s went from 500 million to 7.3 billion???...lol
Posted by Wallace#1 on :
Glass,
I don't know whether to laugh at the CMKX faithful because it is so damn comical or cry because it is so pathetic.
No matter how one looks at it, it has been a trip!
Posted by Ric on :
Not sure I would cry but I know the feeling. I am just amazed myself after the last PR how anyone could still believe. So I would say stunned, bewildered, amazed, shocked, baffled, dumbfounded, astonished, disturbed, not sure what word to use because they are so pathetic which makes it so comical.
quote:Originally posted by Wallace#1: Glass,
I don't know whether to laugh at the CMKX faithful because it is so damn comical or cry because it is so pathetic.
No matter how one looks at it, it has been a trip!
Posted by Wallace#1 on :
Well, Ric, I guess I am just much more empathetic than you. LOL Saw your comment to SH21. What makes you think bashers distort the truth?
Posted by Ric on :
That doesn't include cmkx bashers lol. They are another breed in of themselves. Just like there koolaid counterparts. roflmao
Posted by Wallace#1 on :
I feel 100% better now that we are set apart from regular bashers! LOL
Posted by Dustoff101 on :
I got fired from basher central control. They never paid me anyhow...Does CMKX pumper central pay any better.? and who writes the checks.
Posted by Ric on :
Yes, we get paid with the promise they won't give us any of this useless toilet paper they call stock. If it wasn't so rough then it might be worth the toilet paper it was written on.
Posted by legaleagle on :
Posted by bill1352 on :
as a paid basher i take my hat of to the greatest cmkx basher of us all...Urban Casavant. all us bashers have our strong points, personally i was correct on the o/s. Ric, Will, Upside, Wallace, Glass & many others have each had their moments over these many months. but the truth is we must stand back & let UC take a bow. Can any of us top this line..."Unfortunately management and others involved in CMKX's previous operations were not blessed with the trait of being perfectionists. Past professional guidance has left a void which prevented the Company's ability to prepare complete and accurate periodic reports under Section 12(g) of the Exchange Act," (actually from Mahoo)
or who could forget the genius it took to state this with a straight face..."We only want to comply with federal regulations and do what is right for our stockholders. If the Commission deems it in our stockholders best interest to forbid us from providing information through filings with the Commission, we will comply," stated Urban Casavant, president of CMKX. then with a pps of .0001 to .0002 for around 9 months he can add this...CMKX's actual results could differ materially from such forward-looking statements because of factors such as: impact of the results of the administrative hearing on CMKX's stock price. & if thats not enough after hiring Roger Glen to become a fully reporting company, after months of saying that was his goal he finishes with this golden nugget...CMKX undertakes no obligation to publicly update or revise any forward-looking statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Guys & gals we must take a back seat to our president in charge.
Posted by Wallace#1 on :
I am now 100% convinced that UC must be a complete idiot, except for his abilities to fleece the public. Yes, I will say it....SCAM!
I am guessing he brought the rusty ole "iron man" on to try to pull his brass balls out of the fire. No such luck. UC has gone too far!!
It is time for justice. Hopefully, it will be swift and severe.
Posted by Dustoff101 on :
Wallace,,,dwman chewed me out at length becouse I used the word "idiot". Do you think you can get away with it becouse he's gone?...If you do get away it, I will file a discrimination lawsuit with pumper control.
Posted by Peaser01 on :
Bill why don't ya move over to the QBID thread just for kicks.
[ March 27, 2005, 12:37: Message edited by: Peaser01 ]
Posted by Wallace#1 on :
Dusty,
Yeah, I'll probably get away with "idiot". Who knows about SCAM.
If you file a complaint with pumper control, you probably won't be welcome anywhere! LOL If I remember correctly, dwman, is a moderator over there....I guess that is where control is housed. Problem is, most of them seem to have no control.
Posted by legaleagle on :
Here is the guy to complain to / about. Urban didn't have control of the books.
12/3/2002 : LAS VEGAS--(BUSINESS WIRE)--Dec. 3, 2002 Casavant Mining Kimberlite International Inc. (OTCBB:CMKI) announced today the hiring of David DeSorneau to implement a real time financial reporting and inventory control system.
Mr. DeSorneau, 56, is a resident of Las Vegas and a 32 year veteran of financial accounting systems. A graduate of New York University at Albany in accountancy, Mr. DeSorneau will implement over the next 45 days a customized intranet platform connecting the Company's headquarters in Las Vegas with its field operations in Saskatchewan and throughout the world. Wesley Casavant, who was recently appointed secretary-treasurer, will coordinate the new financial accounting system with the Company's auditor to ensure seamless integration with newly enacted Securities and Exchange Commission auditing practices for public companies.
Mr. DeSorneau described the system as "based on an Oracle software platform similar to that used by Fortune 100 companies. Management will be able to monitor in real time all aspects of its business, exploration and mining operations. The platform will be accessible to key employees using a series of up to 8 levels of security. Daily drilling logs, field reports, man hours, core sampling data, project expenditures and security of gemstones will be subject to constant monitoring via wireless modem uplinks to the local internet service providers."
The platform will be online in time for the start of core drilling set to commence in the diamondiferous kimberlite fields located in the Fort a la Corne region of Saskatchewan. The Company welcomes Mr. DeSorneau to its growing team of seasoned experts and advisory consultants. Following the successful launch of the initial project, the Company has offered Mr. DeSorneau a long term consultancy contract
Posted by bill1352 on :
Peaser01 Member
posted March 27, 2005 12:27 -------------------------------------------------------------------------------- Bill why don't ya move over to the QBID thread just for kicks.
========================
because if Frank isn't lying thru his teeth then i think in 18 to 24 months Q might make it. there will have to be an r/s of some sorts but its possible to keep it around 4/1. where as for cmkx to have a chance they need to find something worth mining & then r/s to around 1 billion or less, probably 500 million. right now thats either 703/1 or 1400/1.
Legal...i will allow that the books are not all franks fault but as Prez. its his responcablity. its up to him to make sure all is in order. that pr is from Dec. 2003, its Mar. 2005. what was the god send roger glen doing? the first thing a securities attorney looks at is the books. dont start with he's a lawyer not an accountant, he has accountants on staff. in the 9 months since roger showed up it couldn't be determined if the books were in order? its sent out in a pr about how it might be over? how we may not be allowed to tell shareholders anything?? which by itself is bull***t. the SEC will never tell a company its in the shareholders best interest to keep them in the dark. they may tell them to shut up about legel proceedings but thats all. at 1 time cmkx had potential but mismanagement, lack of common sence (might be the drug in the kool-aide) & a complete lack of concern for the shareholder has doomed it to failure.
Posted by dwman on :
quote:Originally posted by Ktrain420: I OWN "CMKX"!!!!!!!! ............IM GONNA RETIRE AND GO TO DISNEY WORLD!!!!!!!!!!!!!!............LOL.........SORRY I COULD NOT HELP MYSELF..........GOOD LUCK
Ktrain420... We go there twice a year with our grandsons. I highly recommend it.
Posted by dwman on :
quote:Originally posted by Dustoff101: Wallace,,,dwman chewed me out at length becouse I used the word "idiot". Do you think you can get away with it becouse he's gone?...If you do get away it, I will file a discrimination lawsuit with pumper control.
LOL... Dusty, you have too much 101 dust in your eyes. I did not "chew" you "out at length". I think I apologized for that but I will say it again. I am truly sorry that I called you on that. Now cmer and get this ol ded flee and bury it.
Posted by Penny-Trader on :
Why just because you did lol
quote:Originally posted by Peaser01: Bill why don't ya move over to the QBID thread just for kicks.
[QUOTE]Originally posted by Ric: [QB] Not sure I would cry but I know the feeling. I am just amazed myself after the last PR how anyone could still believe. So I would say stunned, bewildered, amazed, shocked, baffled, dumbfounded, astonished, disturbed, not sure what word to use because they are so pathetic which makes it so comical. [QUOTE]
Ric... I'm sorry your thesaurus does not contain a word to describe your feelings about cmkx and the faithful (which includes me). Let me suggest both a word and reason for using the word. Try "blessed". I saw the pic in your profile. Looks like a happy family. I just had my fourth grandson Thursday. I sure feel blessed.
Posted by imakmony2005 on :
Why do i see all the same posters ie GLASS- DUST-PENNY-WALLACE, ECT ON THIS BOARD DID YOU ALL GET BURNED ARE JUST BORED?? YOU ALL SEEM TO BE WHATCHING QBID AND POSTING THERE TOO JUST WHATCHING ????
Posted by imakmony2005 on :
WATCH
Posted by Penny-Trader on :
ill answer i still hold 2 million free shares of this. not stung at all. i looked at them as a lottery ticket.
i was wrong they where not that lucrative. at least with a lottery ticket someone wins. here no one won,
Sad really
Sad is the only way to describe this one.
Rod
Posted by imakmony2005 on :
I got burned in the hole MLON deal.
Posted by glassman on :
quote:Originally posted by imakmony2005: I got burned in the hole MLON deal.
i get burned in the hole when i eat jalapeno's Posted by Wallace#1 on :
LMAO, Glass......after the hole stopped burning.
Posted by glassman on :
d'oh! pie hole man, pie hole... Posted by Wallace#1 on :
quote:Originally posted by imakmony2005: I got burned in the hole MLON deal.
**********************************
Maybe that's because he had a monkey on his back?
LOL
Posted by glassman on :
i enjoyed MLON thouroughly, i ended my relationship with Mario up a little bit, but i found it to be enlightening and entertaining... i still have a few thousand shares of WLSC, which i notice fluctuates wildly, but i don't know if it's even tradeable...
Posted by Wallace#1 on :
legal,
When are you going to acknowledge who is responsible for the whole CMKX mess?
Urban ran (down) CMKX and predecessor companies. The buck stops with URBAN CASAVANT! It is very likely it was his decision not to do anything about financial and other required reporting.
DeSormeau was one of those you faithful folks were boasting about when you learned about his so-called professionalism and that he was Secy/Treas of CMKX as well as CMKI.
You faithful then added more boasting because of Glenn's supposed professionalism with law, an accounting background and his presumed influence with the SEC.
Who the hell do you think brought those people on board? Who appointed them? Santa Claus?
Now, all of you are pumping the bejeesus out of rusty ole "iron man"? Who brought him on board?
Even long experienced politicians fail to practice the level of diversionary tactics you faithful have demonstrated. Bottom line is that Urban Casavant is probably the lowest form of thief existing. And, please, do tell him I said that!!!
Posted by imakmony2005 on :
only penny did not skirt the topic-pie hole- monkey- jalapenos. whats that bash me who cares still no real answer boys.
Posted by dwman on :
quote:Originally posted by imakmony2005: I got burned in the hole MLON deal.
I actually made an insignificant amount on mlon. I got out just in time.
Posted by dwman on :
quote:Originally posted by glassman:
quote:Originally posted by imakmony2005: I got burned in the hole MLON deal.
i get burned in the hole when i eat jalapeno's
LOL.... In Texas we eat ice cream BEFORE we eat the peppers. Then tomorrow we can cry out "come on ice cream!"
Posted by dwman on :
quote:Originally posted by imakmony2005: only penny did not skirt the topic-pie hole- monkey- jalapenos. whats that bash me who cares still no real answer boys.
huh???? I gotta go back to school.
Posted by will on :
Sounds like Texas, wouldn't you want to eat the ice cream AFTER jalapenos?
quote:Originally posted by dwman:
quote:Originally posted by glassman:
quote:Originally posted by imakmony2005: I got burned in the hole MLON deal.
i get burned in the hole when i eat jalapeno's
LOL.... In Texas we eat ice cream BEFORE we eat the peppers. Then tomorrow we can cry out "come on ice cream!"
Posted by Upside on :
I'd put the ice cream somewhere else the next day!
Posted by Wallace#1 on :
We never ate jaloppys(sp?)where I grew up.
Oh!! Never mind.
Posted by dwman on :
[QUOTE]Originally posted by will: [QB] Sounds like Texas, wouldn't you want to eat the ice cream AFTER jalapenos?
[QUOTE]
LOL will.... First in last out.
Posted by Wallace#1 on :
quote:Originally posted by dwman: [QUOTE]Originally posted by will: [QB] Sounds like Texas, wouldn't you want to eat the ice cream AFTER jalapenos?
[QUOTE]
LOL will.... First in last out.
aka FILO. Will is suggesting the FIFO method of accounting for inventory.
Posted by Wallace#1 on :
UC's apparent method is NIAO....None In All Out.
Talk to you folks later.
Posted by Upside on :
Never heard of FILO. We use LIFO so I'd go with the peppers first.
Posted by dwman on :
quote:Originally posted by Upside: Never heard of FILO. We use LIFO so I'd go with the peppers first.
You are thinking stocks. Think stomach.
Posted by dwman on :
LOL... Wait. I said that wrong. Eat the peppers first. They come out first with great pain. Eat ice cream last. It follows peppers and is soooooooo soothing. lol
Posted by Upside on :
Yep. Although like I said earlier, just save the ice cream for the next day for a real soothing feeling. Melts pretty fast though.
Posted by dwman on :
Hang onto your hats.... Buckshot and Commando ... which are UC companies have acquired 4.8 million acres of claims in Saskat and a bunch of it is in prime uranium land.
"S-136692","ACTIVE","101012190 SASK. LTD. 100%","ALL OF SECTION 6, TOWNSHIP 62, RANGE 11, WEST OF THE THIRD MERIDIAN;",256,"73-J-05","Nov 10, 2003"," ","S" "S-136693","ACTIVE","101012190 SASK. LTD. 100%","ALL OF SECTION 21, TOWNSHIP 61, RANGE 13, WEST OF THE THIRD MERIDIAN;",256,"73-J-05","Nov 10, 2003"," ","S" "S-136694","ACTIVE","101012190 SASK. LTD. 100%","ALL OF SECTION 22, TOWNSHIP 61, RANGE 13, WEST OF THE THIRD MERIDIAN;",256,"73-J-05","Nov 10, 2003"," ","S" "S-136695","ACTIVE","101012190 SASK. LTD. 100%","ALL OF SECTION 28, TOWNSHIP 61, RANGE 13, WEST OF THE THIRD MERIDIAN;",256,"73-J-05","Nov 10, 2003"," ","S" "S-136696","ACTIVE","101012190 SASK. LTD. 100%","ALL OF SECTION 11, TOWNSHIP 62, RANGE 13, WEST OF THE THIRD MERIDIAN; EXCEPTING THEREOUT AND THEREFROM THE VILLAGE OF GREEN LAKE;",216,"73-J-05","Nov 10, 2003"," ","S" "S-136697","ACTIVE","101012190 SASK. LTD. 100%","ALL OF SECTION 20, TOWNSHIP 62, RANGE 13, WEST OF THE THIRD MERIDIAN;",256,"73-J-05","Nov 10, 2003"," ","S" "S-136698","ACTIVE","101012190 SASK. LTD. 100%","ALL OF SECTION 28, TOWNSHIP 62, RANGE 13, WEST OF THE THIRD MERIDIAN;",256,"73-J-05","Nov 10, 2003"," ","S" "S-136699","ACTIVE","101012190 SASK. LTD. 100%","ALL OF SECTION 4, TOWNSHIP 63, RANGE 13, WEST OF THE THIRD MERIDIAN;",256,"73-J-05","Nov 10, 2003"," ","S" "S-136700","ACTIVE","101012190 SASK. LTD. 100%","ALL OF SECTION 7, TOWNSHIP 63, RANGE 13, WEST OF THE THIRD MERIDIAN;",256,"73-J-05","Nov 10, 2003"," ","S" "S-136701","ACTIVE","101012190 SASK. LTD. 100%","ALL OF SECTION 14, TOWNSHIP 63, RANGE 13, WEST OF THE THIRD MERIDIAN;",256,"73-J-05","Nov 10, 2003"," ","S" "S-136702","ACTIVE","101012190 SASK. LTD. 100%","ALL OF SECTION 18, TOWNSHIP 63, RANGE 13, WEST OF THE THIRD MERIDIAN;",256,"73-J-05","Nov 10, 2003"," ","S" "S-136703","ACTIVE","101012190 SASK. LTD. 100%","ALL OF SECTION 1, TOWNSHIP 62, RANGE 14, WEST OF THE THIRD MERIDIAN;",256,"73-J-05","Nov 10, 2003"," ","S" "S-136704
Posted by dwman on :
OOOPS... wrong numbers. Here they are.
"S-136743","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","THE WEST HALF AND LEGAL SUBDIVISIONS 2, 7, 10 AND 15 OF SECTION 18, TOWNSHIP 54, RANGE 19, WEST OF THE SECOND MERIDIAN;",192,"73-H-10","Dec 23, 2003"," ","S" "S-136744","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","THE WEST HALF AND LEGAL SUBDIVISIONS 2, 7, 10 AND 15 OF SECTION 19, TOWNSHIP 54, RANGE 19, WEST OF THE SECOND MERIDIAN;",192,"73-H-10","Dec 23, 2003"," ","S" "S-136745","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","THE NORTHEAST QUARTER OF SECTION 21 AND THE NORTHWEST QUARTER OF SECTION 22, TOWNSHIP 54, RANGE 19, WEST OF THE SECOND MERIDIAN;",128,"73-H-10","Dec 23, 2003"," ","S" "S-136746","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","THE WEST HALF OF SECTION 27 AND THE EAST HALF OF SECTION 28, TOWNSHIP 54, RANGE 19, WEST OF THE SECOND MERIDIAN;",256,"73-H-10","Dec 23, 2003"," ","S" "S-136747","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","THE WEST HALF AND LEGAL SUBDIVISIONS 2, 7, 10 AND 15 OF SECTION 30; AND LEGAL SUBDIVISIONS 2, 3 AND 4 OF SECTION 31, TOWNSHIP 54, RANGE 19, WEST OF THE SECOND MERIDIAN;",240,"73-H-10","Dec 23, 2003"," ","S" "S-136748","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","THE WEST HALF AND LEGAL SUBDIVISIONS 2, 7, 10 AND 15 OF SECTION 5, TOWNSHIP 53, RANGE 20, WEST OF THE SECOND MERIDIAN;",192,"73-H-10","Dec 23, 2003"," ","S" "S-136749","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","THE EAST HALF AND LEGAL SUBDIVISIONS 3, 6, 11 AND 14 OF SECTION 6, TOWNSHIP 53, RANGE 20, WEST OF THE SECOND MERIDIAN;",192,"73-H-10","Dec 23, 2003"," ","S" "S-136750","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","LEGAL SUBDIVISIONS 1, 2, 3, 6, 7 AND 8 OF SECTION 7, TOWNSHIP 53, RANGE 20, WEST OF THE SECOND MERIDIAN;",96,"73-H-10","Dec 23, 2003"," ","S" "S-136751","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","LEGAL SUBDIVISIONS 2, 3, 4, 5, 6 AND 7 OF SECTION 8, TOWNSHIP 53, RANGE 20, WEST OF THE SECOND MERIDIAN;",96,"73-H-10","Dec 23, 2003"," ","S" "S-136752","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","THE NORTHEAST QUARTER OF SECTION 11, THE NORTH HALF OF SECTION 12, ALL OF SECTION 13 AND THE EAST HALF OF SECTION 14, TOWNSHIP 54, RANGE 20, WEST OF THE SECOND MERIDIAN;",576,"73-H-10","Dec 23, 2003"," ","S" "S-136753","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","THE NORTHEAST QUARTER OF SECTION 11, THE NORTH HALF OF SECTION 12, THE SOUTH HALF OF SECTION 13 AND THE SOUTHEAST QUARTER OF SECTION 14, TOWNSHIP 53, RANGE 21, WEST OF THE SECOND MERIDIAN;",384,"73-H-10","Dec 23, 2003"," ","S" "S-136754","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","THE NORTHEAST QUARTER OF SECTION 21, TOWNSHIP 54, RANGE 21, WEST OF THE SECOND MERIDIAN;",64,"73-H-11","Dec 23, 2003"," ","S" "S-136755","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","ALL OF SECTION 28, TOWNSHIP 54, RANGE 21, WEST OF THE SECOND MERIDIAN;",256,"73-H-11","Dec 23, 2003"," ","S" "S-136756","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","ALL OF SECTION 12, TOWNSHIP 56, RANGE 22, WEST OF THE SECOND MERIDIAN;",256,"73-H-14","Dec 23, 2003"," ","S" "S-136757","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","ALL OF SECTION 13, TOWNSHIP 56, RANGE 22, WEST OF THE SECOND MERIDIAN;",256,"73-H-14","Dec 23, 2003"," ","S" "S-136758","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","ALL OF SECTION 14, TOWNSHIP 56, RANGE 22, WEST OF THE SECOND MERIDIAN;",256,"73-H-14","Dec 23, 2003"," ","S" "S-136759","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","ALL OF SECTION 15, TOWNSHIP 56, RANGE 22, WEST OF THE SECOND MERIDIAN;",256,"73-H-14","Dec 23, 2003"," ","S" "S-136760","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","ALL OF SECTION 22, TOWNSHIP 56, RANGE 22, WEST OF THE SECOND MERIDIAN;",256,"73-H-14","Dec 23, 2003"," ","S" "S-136761","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","ALL OF SECTION 23, TOWNSHIP 56, RANGE 22, WEST OF THE SECOND MERIDIAN;",256,"73-H-14","Dec 23, 2003"," ","S" "S-136762","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","ALL OF SECTION 24, TOWNSHIP 56, RANGE 22, WEST OF THE SECOND MERIDIAN;",256,"73-H-14","Dec 23, 2003"," ","S" "S-136763","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","ALL OF SECTION 25, TOWNSHIP 56, RANGE 22, WEST OF THE SECOND MERIDIAN;",256,"73-H-14","Dec 23, 2003"," ","S" "S-136764","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","ALL OF SECTION 33, TOWNSHIP 56, RANGE 22, WEST OF THE SECOND MERIDIAN;",256,"73-H-14","Dec 23, 2003"," ","S" "S-136765","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","ALL OF SECTION 36, TOWNSHIP 56, RANGE 22, WEST OF THE SECOND MERIDIAN;",256,"73-H-14","Dec 23, 2003"," ","S" "S-136766","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","THE SOUTHWEST QUARTER OF SECTION 13, TOWNSHIP 55, RANGE 23, WEST OF THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM THE RESORT VILLAGE OF CANDLE LAKE;",64,"73-H-11 & 73-H-14","Dec 23, 2003"," ","S" "S-136767","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","ALL OF SECTION 14, TOWNSHIP 55, RANGE 23, WEST OF THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM THE RESORT VILLAGE OF CANDLE LAKE;",255,"73-H-11 & 73-H-14","Dec 23, 2003"," ","S" "S-136768","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","ALL OF SECTION 15, TOWNSHIP 55, RANGE 23, WEST OF THE SECOND MERIDIAN;",256,"73-H-11 & 73-H-14","Dec 23, 2003"," ","S" "S-136769","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","ALL OF SECTION 16, TOWNSHIP 55, RANGE 23, WEST OF THE SECOND MERIDIAN;",256,"73-H-11 & 73-H-14","Dec 23, 2003"," ","S" "S-136770","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","ALL OF SECTION 17, TOWNSHIP 55, RANGE 23, WEST OF THE SECOND MERIDIAN;",256,"73-H-11 & 73-H-14","Dec 23, 2003"," ","S" "S-136771","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","ALL OF SECTION 19, TOWNSHIP 55, RANGE 23, WEST OF THE SECOND MERIDIAN;",256,"73-H-14","Dec 23, 2003"," ","S" "S-136772","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","ALL OF SECTION 20, TOWNSHIP 55, RANGE 23, WEST OF THE SECOND MERIDIAN;",256,"73-H-14","Dec 23, 2003"," ","S" "S-136773","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","ALL OF SECTION 21, TOWNSHIP 55, RANGE 23, WEST OF THE SECOND MERIDIAN;",256,"73-H-14","Dec 23, 2003"," ","S" "S-136774","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","ALL OF SECTION 22, TOWNSHIP 55, RANGE 23, WEST OF THE SECOND MERIDIAN;",256,"73-H-14","Dec 23, 2003"," ","S" "S-136775","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","ALL OF SECTION 28, TOWNSHIP 55, RANGE 23, WEST OF THE SECOND MERIDIAN;",256,"73-H-14","Dec 23, 2003"," ","S" "S-136776","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","ALL OF SECTION 29, TOWNSHIP 55, RANGE 23, WEST OF THE SECOND MERIDIAN;",256,"73-H-14","Dec 23, 2003"," ","S" "S-136777","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","ALL OF SECTION 30, TOWNSHIP 55, RANGE 23, WEST OF THE SECOND MERIDIAN;",256,"73-H-14","Dec 23, 2003"," ","S" "S-136778","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","ALL OF SECTION 31, TOWNSHIP 55, RANGE 23, WEST OF THE SECOND MERIDIAN;",256,"73-H-14","Dec 23, 2003"," ","S" "S-136779","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","ALL OF SECTION 32, TOWNSHIP 55, RANGE 23, WEST OF THE SECOND MERIDIAN;",256,"73-H-14","Dec 23, 2003"," ","S" "S-136780","ACTIVE
Posted by legaleagle on :
... Posted by: Aberdeen on October 7, 2003 10:53 AM Who OWNS 101010307 and 101012190 that would be the yellow, 101047025 is CMKM right???? ... www.diamondblog.com/archives/000870.html - 101k -
Posted by Upside on :
I see Saskatchewan Ltd. but one of my points of contention has always been that I can't find proof that they're a holding company for CMKX. Is that information out there somewhere?
Posted by dwman on :
Well, if Aberdeen and GeorgeBurns says it's so I guess thats good enough for me. I'd like to see it verified though.
Posted by Ric on :
It doesn't matter even if there was new holdings. UC even said he was surprised by the SEC halt. The SEC is clear on why they are halting cmkx. They lied on the form 15 and now because they didn't keep records they can't file in time. No matter what you hope they are holding or the fact you wish the o/s would go away in some nss dream the SEC has the evidence it needs to revoke there registration and it will happen. All else doesn't matter. They can own the entire SASKATCHEWAN area. By the way. If this was such choice propery to begin with, why didn't the biggest diamond company in the world go ahead and get the rights to these properties. If Debeers wanted it they would have got it and no one could stop them. How do we know this area is even accessable to drill rigs? Oh thats right some paid pumper that lured thousand into this stock says it so. But it still makes you say hum, when you think about why debeers didn't go ahead and get these rights in the first place if they were so valuable. But then again Debeers isn't in the market to sell shares of a stock and need fools gold to show the world its worth buying shares.
Posted by legaleagle on :
Class Action Lawsuit Against Ameritrade Holdings, Knight Trading Group and 6 Key Individuals -- AMTD, NITE
Raging Bull Holdings Announces Filing of a Class Action Lawsuit Against Ameritrade Holdings, Knight Trading Group and 6 Key Individuals -- AMTD, NITE WAYNESVILLE, N.C., Oct. 23, 2003 (PRIMEZONE) -- Raging Bull Holdings et al -- (a consortium of private investors) on behalf of themselves and others similarly situated, announced today that a class action lawsuit was filed on October 10, 2003 in the United States District Court for the District of Nebraska, case number 8:03CV421, on behalf of customers of Ameritrade Holdings Inc. (Nasdaq:AMTD) et al ("Ameritrade") who became customers of Ameritrade between March 29, 1995 and September 30, 2003, inclusive the ("Class Period"). The lawsuit additionally names Knight Trading Group Inc ("Knight") (Nasdaq:NITE), J. Joe Ricketts, Gene L. Finn, Kenneth D. Pasternak, Steven L. Steinman, Walter F. Raquet and Robert M. Lazarowitz as defendants.
The complaint charges Ameritrade, Knight and certain key officers and directors with mutiple violations of SEC Rules 3b, 10b and 11Ac. Ameritrade violated Rule 11Ac in that they failed to disclose to their customers their true affiliation with Knight, the true level of customer order flow routed to Knight for execution and the true payments for order flow received from Knight. Knight violated Rules 11Ac regarding order handling and display in connection with the orders placed via Ameritrade's customers. Both companies filed false historical data in required SEC filings and reports. All defendants violated Rules 10b and 3a in a scheme to defraud Ameritrade's customers through improper order execution by not properly revealing the true affiliation shared between the parties as complained of in this action.
Plaintiffs allege that approximately 70 percent of all customers' orders were routed to Knight for execution during the 8 1/2 year Class Period. This resulted in improper order handling and execution of nearly 40,000 trades per day on all securities on all major exchanges. The amount defrauded of the 3 million plus Class members in this action resulted in losses of billions of dollars of investment capital. The lawsuit seeks $4.5 billion in restitution, or $1500 per member.
Ameritrade failed their fiduciary responsibility to disclose the affiliation shared with Knight to their customers, the regulatory agencies and the investing public. Ameritrade's ownership position of Knight common stock, revenues received for payment for order flow and past equity income gains from Roundtable Partners LLC obligates Ameritrade to properly disclose all levels of this affiliation to the public. By not disclosing this affiliation, and Knight's willful violations of SEC Rules, as sanctioned by the SEC and the NASD, the Class Members have sustained the damages complained of herein.
If you became a customer of Ameritrade between March 29, 1995 and September 30, 2003, and were victim to your orders placed via Ameritrade and Knight not receiving the execution deserved, and sustained financial losses thereby, and wish to serve as lead plaintiff in this action, you must move the Court no later than December 29, 2003.
If you are of counsel, with a leading law firm, experienced in prosecuting complex cases involving brokerage and market maker firm fraud, breach of fiduciary duty and SEC and NASD Rules violations, and wish to represent this Class in this action, you may contact the filer of this complaint as per below.
Direct all inquiries regarding this matter to Denton L. Keener of Raging Bull Holdings by telephoning (828) 734-2097, via email to ragingbullinvgroup@charter.net, via regular mail to 177 Walnut Street Suite 9, Waynesville, NC 28786. A copy of this complaint is available from the Court or by contacting Raging Bull Holdings.
CONTACT: Raging Bull Holdings Denton L. Keener 177 Walnut St. Suite 9 Waynesville, NC 28786 828-734-2097 ragingbullinvgroup@charter.net
Posted by legaleagle on :
EMMERSON KOCH, URBANS ATTY IN SASK HAS BEEN CREATING HOLDING COMPANIES UNDER THE SASKATCHEWAN LTD BANNER. VARIOUS INDENTIFYING NUMBERS ARE PLACED IN FRONT OF THE SASK LTD NAME TO IDENTIFY DIFFERENT HOLDING AREAS. BUT ALL ARE URBANS. ....025 IS JUST ANOTHER IN THE SERIES
Morgain Minerals Inc. (4) 9,216 March 20, 2004 $110,592 $ 72,382
Total 247,708
$1,945,987
Posted by Ric on :
They keep posting that and I researched it all over the web. I can't seem to find were anyone actually took up lead plaintiff on the case and were it continued in the court. All records are no longer on Nebraska's legal website. Not saying it may still be on but can't find no evidence that it is and I search diligently on the matter. For what I can find the case never made it to court and was dropped. If not prove it wrong. By the way what difference does it make to the SEC. They are going after cmkx for lies on the form 15 and non filing.
"If you became a customer of Ameritrade between March 29, 1995 and September 30, 2003, and were victim to your orders placed via Ameritrade and Knight not receiving the execution deserved, and sustained financial losses thereby, and wish to serve as lead plaintiff in this action, you must move the Court no later than December 29, 2003. "
Posted by Ric on :
This is the problem, blame it on the NSS which is not proved. Blame it on Ameritrade and Nite???? Dream up theories with no facts as basis. Keep telling self there is diamonds with no proof. And ignore the last PR which said that they expect to be revoked but hope to trade as non reporting on the pinksheet. IF THEY REVOKE THEY CAN"T PERIOD, geez. UC feed you a bunch of bull and used his cronies on the message boards to actually do the lies and rumors to make you buy more shares. Dilution for profit. 703 billion worth.
Posted by legaleagle on :
Ric you seem upset tonight. No PEEPS in your basket today?
Posted by Ric on :
Nope stuck in the hospital again
Posted by Binky on :
[QUOTE]Originally posted by legaleagle: [QB] EMMERSON KOCH, URBANS ATTY IN SASK HAS BEEN CREATING HOLDING COMPANIES UNDER THE SASKATCHEWAN LTD BANNER. VARIOUS INDENTIFYING NUMBERS ARE PLACED IN FRONT OF THE SASK LTD NAME TO IDENTIFY DIFFERENT HOLDING AREAS. BUT ALL ARE URBANS. ....025 IS JUST ANOTHER IN THE SERIES
Registered Owner Area(2) Due Date (3) Paid Cnd USDollar
Morgain Minerals Inc. (4) 9,216 March 20, 2004 $110,592 $ 72,382
Here is some dd that seems to show that Morgain Minerals may not be part of these claims
By: arete 04 Feb 2004, 10:21 PM EST Msg. 61783 of 518690 Jump to msg. # Conversation with Morgain Minerals Inc.
1----- Original Message ----- From: Ron Patzer To: rdoran@morgainminerals.com Sent: Thursday, January 29, 2004 9:41 AM Subject: info inquiry
Below is a c/p from the 14C of CMKM ( 2/03) which mentions a Morgain Minerals Inc. I am wondering if your company is the MM mentioned. This would be connected with Urban Casavant and his company CMKM. TIA
Answer: ----- Original Message ----- From: Rod Doran To: Ron Patzer Sent: Friday, January 30, 2004 4:25 AM Subject: Re: info inquiry
I am the President and CEO of Morgain Minerals Inc. - we hold the referred to claims in Saskatchewan. Rod Doran
----- Original Message ----- From: Ron Patzer To: Rod Doran Sent: Friday, January 30, 2004 8:45 AM Subject: Re: info inquiry
OK- now what is your connection to CMKM and Urban Casavant. Do you have an agreement to turn over 100% your interest in your claims to CMKM? You will notice at the end of paragraph 1 that he states 100% of the claims will be turned over to CMKM. Have you turned over any of your claims to CMKM? Do you know Mr. Casavant? TIA
Answer:
I have contacted our Chairman Ray Mongeau who is familiar with the Saskatchewan claims. He will contact you to discuss your questions. Rod Doran
By: arete 06 Feb 2004, 12:35 PM EST Msg. 62937 of 518692 Jump to msg. # I just spoke with Ray Mongeau of Morgain Minerals and he said that MM and UC, he knows him and has seen him, had a discussion 2 years ago but has never heard back from him to finalize any deal. He said they definitely didn't have any deal including any option arrangement for MM claims. The original talks called for UC to buy MM claims for $120,000. So those claims from MM are not apart of UCs collection.
Posted by legaleagle on :
After the TDEM of all holdings, Urban dumped a number of them that proved not to be worth drilling.
Posted by Doctoall on :
So it is true that CMKX will be filing BK this coming week, or just something that was reported by Ameritrade ( quoted by Green Baron).
Fact or Fiction or the dead Truth?
Posted by legaleagle on :
"When pressed further for a written statement, an Ameritrade supervisor answered that the customer service representative was wrong in verbally stating the bankruptcy issue,..."
Posted by Doctoall on :
quote:Originally posted by legaleagle: "When pressed further for a written statement, an Ameritrade supervisor answered that the customer service representative was wrong in verbally stating the bankruptcy issue,..."
Well time will tell, well not all the time, but we will see what happens soon enough. Could not sell a share on Thursday if you wanted to.
Posted by legaleagle on :
ATEYATE, THE POSTER WHO BROUGHT THE CLAIMS INFO TO THE BOARDS, CAME BACK LATER AND ADMITTED FIRST NUMBER OF 4.9 WAS WRONG DUE TO A SKEWED DATABASE. IT SHOULD HAVE READ 1.9 MILLION NEW ACRES OF CLAIMS. BUT STILL HUGE IMO
Posted by dwman on :
quote:Originally posted by Ric: Nope stuck in the hospital again
Ric... I missed something. Hospital? What happened?
Posted by stnkng1 on :
are people still really buying this or is it just the mms because there is no company of cmkx i just dont understand why the volume is what it is.
i own 10,000,000 shares at .0001 and i think i will own 10,000,000 shares at .0001 in 10 years.
Posted by Highwaychild on :
Had a .0008 go by ,must be around .00008 I guess.
Stnkng1, I don't know about it either.People are buying it up though.Volume has been pretty big since they've been trading again IMO.
Posted by Ric on :
Sorry, wife in hospital again. She had a kidney transplant that rejected (after 13 years). Has been in and out of hospital over last year. Back in, nothing major small hematoma had to be removed. Hopefully out tomorrow.
quote:Originally posted by dwman:
quote:Originally posted by Ric: Nope stuck in the hospital again
Ric... I missed something. Hospital? What happened?
Posted by Highwaychild on :
Man...Hang in there Ric.
Posted by dwman on :
Ric... I'm sorry to hear that. Please know that my wife and I will be praying for your family.
Posted by Dustoff101 on :
Ric...Their will be a prayer sent up from here as well....Does not matter how busy things get up topside he can always manage to hear.
Posted by invisbl on :
look at sggm up 233% right now on low volume. wonder if this can be tied to state of cmkx.
Posted by legaleagle on :
Dateline "Stockgate" show,finally scheduled to "air". Sunday April 10.
Posted by glassman on :
quote:Originally posted by legaleagle: Dateline "Stockgate" show,finally scheduled to "air". Sunday April 10.
now that is good news...
Posted by bill1352 on :
i'll believe it when i see it legel...nbc has been as reliable as cmkx,,,well come to think of it cmkx is more reliable, we know well in advance what the pps is going to be..lol i'm glad nbc will finally air that show. the only way the market manipulation & naked shorting will end is by the public as a whole gets involved. naked shorting has effected many stocks & not just OTCBB or pinks. SIRI was believed to have been shorted a great deal at 1 time. part of the reason its o/s got so high.
Posted by legaleagle on :
From that other board:
TROYDIAN Diamond Finder
member is offline
Posts: 88 Re: Dateline NSS Air Date- April 10th... (CONFIRME « Reply #13 on: Today at 5:16pm »
-------------------------------------------------------------------------------- I just got this,,,,,,,,Dateline NBC Air Date Set For Naked Short Selling Program FinancialWire has learned exclusively that the air date for the heralded and much-awaited national expose on the manipulative short-selling scandal known as StockGate is Sunday, April 10!
The program has been in production for over a year.
Two other articles of interest regarding StockGate were published today:
StockGate: Did DTCC Interfere With First Amendment Distribution of Newswire?
Mar 28, 2005 (financialwire.net via COMTEX) -- March 28, 2005 (FinancialWire) In a developing scandal, while the Depository Trust and Clearing Corp., controlled by the NYSE and NASD awaits the findings of one media regarding its purported role in assisting naked short selling, Dateline NBC, produced by General Electric (NYSE: GE), it has reportedly taken blatantly unconstitutional action to squelch the distribution of the reporting of another media.
Investrend Information, which publishes FinancialWire, said it has asked its counsel, Marshal Shichtman, Esq., to look into the circumstances that led to FinancialWire being removed from the distribution of Investors Business Daily, which supplies news feeds to Yahoo (NASDAQ: YHOO), after MarketWatch, formerly a partner with Viacom's (NYSE: VIAb) CBS and now a unit of Dow Jones (NYSE: DJ) was asked by IBD to turn off its feed to its online Investors.com and its redistributions.
Shichtman has been provided with information about emails that purportedly described the collusive action as having been taken February 7 at the request of an executive with the DTCC.
The DTCC apparently objected to the continued distribution of FinancialWire on the basis that in its opinion, the newswire publishes "opinion" and "not news."
Both First Amendment and wrongful interference issues may be involved, as well as more serious Federal consequences should it be determined that DTCC executives have quasi-governmental ties. The First Amendment specifically protects news organizations from interference by the government.
Although dozens of other media have now reported on the growing national scandal termed "StockGate," the DTCC has now publicly confirmed that its primary beef is with FinancialWire, which has been the sole media regularly following the now rapidly-expanding story for the past two years.
In a post on its site, First Deputy General Counsel Larry Thompson responded to a DTCC statement that "Some articles have said we make almost $1 billion from (the Stock Borrow program):
"This statement is purposely misleading. One billion dollars represents our total revenue from all our operations of all subsidiaries. The fact is that there are NO separate fees for transactions processed through the Stock Borrow program. There is just the normal fee for delivery of the shares, which is 30 cents per delivery. If you assume we make an average of 22,000 deliveries through Stock Borrow a day, there would be about $6,600 extra a day in revenue over 253 trading days, or about $1.67 million a year in additional revenue, out of $1 billion."
FinancialWire had never stated what the DTCC makes from the Stock Borrow program. It quoted lawsuits as alleging that, and the only response the DTCC made to FinancialWire inquiring about the lawsuits was to deny that they existed.
Rather than dispute, comment on or respond to FinancialWire's inquiries, the DTCC has apparently decided it is easier to lean on its corporate friends to try to limit FinancialWire's distribution.
Easier perhaps. Fair? Moral? Ethical? Legal?
These will be the issues further to be explored.
FinancialWire is a member of the Online News A Logged
--------------------------------------------------------------------------------
Posted by Wallace#1 on :
Ric,
Hope all works out well. May the force be with you and your's!
Posted by glassman on :
the story continues... 5% MORE gone....
2005-03-29 02:25:38
"In consideration for $10,000,000 US Dollars and two hundred billion (200,000,000,000) restricted shares of SGGM St. George Metals,Inc. will purchase a 5% unencumbered and absolute interest in any and all mineral claims held by CMKM Diamonds, Inc. CMKM Diamonds, Inc. is one of the largest holders of claims in the Fort A La Corne Saskatchewan diamond exploration fields which include DeBeers and Kensington Posted by Ric on :
Source: Precious Press Releases
ABOUT willy....ard.com
It was a willy...ard press release not from either company. It is just restating a previous agreement between the two companies. Not sure it actually happened coming from that source. But Today should have been the final payment.
Posted by ed19363 on :
IMO the money will pay some of the legal bills, wonder what will happen to the shares? At one time there was a rumor that they were to be distributed as another dividend, but that may have been just a rumor, or may have been changed by now.
Posted by legaleagle on :
FINALLY! Dateline to Air Stockgate Segment April 10th by Mark Faulk After over a year of promises, postponements, and delays, Dateline finally confirmed today that they will air their report on the stock market scandal on Sunday, April 10th, at 7 pm ET. The segment, dealing with the scandal dubbed "Stockgate", has long been anticipated by advocates pushing for reform in the stock market, and was first confirmed by The Faulking Truth last June. This is an excerpt from that article:
"It's been called the biggest financial scandal in the history of the world, with incurred losses estimated by some experts at well over $1 trillion dollars. It's a scandal that involves over 1,200 offshore hedge funds, over 150 US brokers, and has already bankrupted over 7,000 US companies in the past six years. According to many of the lawsuits filed to date, the crooks include terrorist groups and organized crime syndicates. Sources say that this scandal, which involves an intricate system of selling electronic counterfeit shares of stock in an effort to destroy the market value of small publically traded companies by utilizing a method known as "naked short selling", will eventually implicate almost every major broker in America, all of the governing bodies that oversee trading, and will extend into Canada and Europe."
Sources at the time told us that the Dateline story contained information that would "blow the roof off of this scandal", and that Dateline had already filmed over 100 hours of explosive footage, with interviews from class action attorneys John O'Quinn (of the Houston law firm of O’Quinn, Laminack and Pirtle), and Wes Christian (of Christian, Smith, Wukoson and Jewell), who along with the law firm of Heard, Robins, Cloud, Lubel & Greenwood, who are representing clients in dozens of lawsuits filed against the SEC, the DTCC, and several of the country's largest brokerage firms.
"What's Up With The SEC?"
Since that time, we have learned that officials from both the SEC and DTCC have been interviewed by Dateline, and numerous other recent developments have (at long last) triggered a frenzy of media coverage over the past few weeks. In addition to that, ads have been taken out in several major newspapers, and the roles of hedge funds, who specialize in shorting stocks, have been brought into question in other fraudulent schemes as well. In fact, in an ad in today's op-ed section of the New York Times (March 28, 2005), in an editorial entitled "What's Up With The SEC?" the conservative Washington Legal Foundation ( http: //www.wlf .org/ ), blasts the SEC for "sitting on several complaints of misconduct filed by the Washington Legal Foundation, and supported by the U.S. Chamber of Commerce, detailing examples of questionable stock manipulation by short sellers and class action attorneys". According to WLF Chairman Daniel J. Popeo, in one case, information about a class action lawsuit was leaked to short sellers who, in turn, made a huge profit by shorting the stock before the information was made public. Popeo also claims that "in other cases, short sellers and trial lawyers dish dirt about a targeted company to financial reporters, analysts, and regulators, and the damaging news sends the stock price plummeting, thereby forcing the company to settle. Short sellers then reap the profit when the stock drops."
"If I Only Had a Hedge Fund"
In a related development today, the New York Times online edition ran an article about the incredible proliferation of hedge funds today entitled "If I Only Had a Hedge Fund", in which they said that the number of hedge funds created since 1999 has increased by 209%, with 1,406 new hedge funds introduced in 2004 alone. A recent study released by Credit Suisse Boston said that hedge funds now account for half of all stock market activity, and that they now manage a staggering $1 trillion in funds. Why are managers tripping over each other to start new hedge funds? Because instead of the small fixed percentage that they get by managing traditional funds (sometimes as low as 1%), they instead 1% plus 20% of any profit the hedge fund generates, which has made many of the hedge fund managers instant multi-millionaires. In fact, according to a survey in Institutional Investor magazine, the 25 highest paid hedge fund managers earned an average of $250 million in 2003. To read the New York Times article, go to: http: //www.nytimes .com/2005/03/27/business/yourmoney/27hedge .html?
With those kinds of profits to be made, it is any wonder that the SEC, the DTCC, brokers, and hedge fund managers have begun to circle the wagons? Every time a share trades hands, every one of them gets a piece of the action. Even legitimate hedge funds, those who don't engage in naked short selling, profit when their corrupt counterparts drive down the price of stocks through illegal naked short selling. And the SEC, NASD, and DTCC take their cut for every share that is bought and sold, whether that share is real or counterfeit.
If the SEC needs a smoking gun, they need only to take a close look at Global Links Corp (OTCBB: GLKCE), where one investor recently bought 100% of the issued stock AND another investor bought 15% of the same stock, only to watch hundreds of millions of phantom shares continue to be bought and sold. While the SEC has ignored this curious case, Congress hasn't. Senator Robert Bennett cited the Global Links story (as first reported by Financial Wire) on March 9th when he grilled SEC Chairman William Donaldson about the naked short selling scandal, "this article just last Friday in a national publication indicates that people are still selling short shares that they don't have and clearly are never gonna acquire." This stock is merely a microcosm of the larger problem that pervades the stock market system, and serves to illustrate how pervasive the fraud really is.
It is vitally important that the Dateline story gets the attention it deserves. We can only hope that their report tells the real story of this scandal, and that Congress and the major media will join us in our mission to, at long last, restore trust and credibility to our stock markets, so that honest investors can once again invest their hard-earned money and have a chance to achieve the American Dream.
Posted by legaleagle on :
CMKM Getting Corporate House in Order. Looks like some of the "accounting problems" goes back to Cybermark and were not under Urban's watch.
These new amendments to the Nevada Secy of State for CMKM Diamonds, seems to indicate the house is about ready for some changes.
Corporation Actions for "CMKM DIAMONDS INC." Sort by File Date Document Number Action Type descendingascending order
1 - 31 of 31 actions Actions\Amendments
Action Type: Resident Agent Change Document Number: 20050082053-75 # of Pages: 1 File Date: 03/25/2005 Effective Date: (No Notes for this action)
Action Type: Amendment Document Number: C9852-2002-012 # of Pages: 1 File Date: 08/18/2004 Effective Date: CAPITAL STOCK WAS 500,000,000,000 @ .0001= 50,000,000 MDC ACTUAL STOCK IS: 800,000,000,000 SHARES @ .0001= 80,000,000 1 PG. ($35,000) MDC
Action Type: Amendment Document Number: C9852-2002-011 # of Pages: 1 File Date: 07/13/2004 Effective Date: CERTIFICATE OF AMENDMENT FILED AMENDING THE PAR VALUE FROM .001 TO .0001, THE CHANGE OF PAR VAULE DUE TO A TYPO IN THE ORIGINAL ARTICLES FILED DEC. 26, 2002. (1PG)($175) AJW
Action Type: Annual List Document Number: C9852-2002-002 # of Pages: 1 File Date: 04/21/2004 Effective Date: List of Officers for 2004 to 2005
Action Type: Amendment Document Number: C9852-2002-010 # of Pages: 1 File Date: 03/01/2004 Effective Date: CAPITAL STOCK WAS 200,000,000,000 @.001 KAB 1 PG. $35,000 KAB ACTUAL SHARES IS 500,000,000,000 @ .001 = 500,000,000 KAB
Action Type: Amendment Document Number: C9852-2002-008 # of Pages: 1 File Date: 12/18/2003 Effective Date: CAPITAL STOCK WAS 100,000,000,000 @ .001 RAF CERTIFICATE OF AMENDMENT FILED AMENDING ARTICLE 4 STOCK. CHANGING TO: 200,000,000,000 @ .001 = 200,000,000. $175 1 PG. RAF
Action Type: Resident Agent Change Document Number: C9852-2002-007 # of Pages: 1 File Date: 05/20/2003 Effective Date: NEVADA CORPORATE HEADQUARTERS, INC. P O BOX 27740 LAS VEGAS NV 89126 RAF
Action Type: Amendment Document Number: C9852-2002-006 # of Pages: 1 File Date: 12/26/2002 Effective Date: CAPITAL STOCK WAS 10,500,000,000 @.001 = 1,052,700. RAF CERTIFICATE OF AMENDEMENT FILED AMENDING ARITICLE IV STOCK TO BE 99,997,000,000 COM. & 3,000,000 PREF. @ .001 = 100,000,000 1 PG. $20,300. RAF
Action Type: Amendment Document Number: C9852-2002-005 # of Pages: 1 File Date: 12/03/2002 Effective Date: 1 PG. KAB CYBER MARK INTERNATIONAL CORP. KABB >!H 00001
Action Type: Amendment Document Number: C9852-2002-004 # of Pages: 1 File Date: 11/26/2002 Effective Date: CAPITAL STOCK WAS 500,00,00 COM. @ .0001 & 3,000,000 PREF. @ .001 = 53,000 AJW CERTIFICATE OF AMENDMENT FILED AMENDING STOCK TO BE 10,497,000,000 COM. @ .0001 & 3,000,000 PREF. @ .001 = 1,025,700.(1PG)($4275) AJW
Action Type: Amendment Document Number: C9852-2002-003 # of Pages: 1 File Date: 04/18/2002 Effective Date: (BREAKDOWN OF SHARES: 500,000,000 COM. @ .0001 & 3,000,000 PREF. @ .001) DMF ARTICLES OF CONVERSION FILED CONVERTING CYBER MARK INTERNATIONAL CORP., A (DE) CORPORATION (CONSTITUENT ENTITY) INTO THIS CORPORATION (RESULTING ENTITY). (3)PGS. DMF
Action Type: Articles of Incorporation Document Number: C9852-2002-001 # of Pages: 0 File Date: 04/18/2002 Effective Date: (No Notes for this action)
Return to Corporation Details for "CMKM DIAMONDS INC."
Posted by Doctoall on :
You guys are still in LALALA land. Stockgate does not have a dammed thing to do with this stock. Now if you told me that it was "Urbangate" now that I would believe, there "lies" the problem with this stock
[ March 29, 2005, 11:31: Message edited by: Doctoall ]
Posted by Doctoall on :
CMKM Getting Corporate House in Order. Looks like some of the "accounting problems" goes back to Cybermark and were not under Urban's watch.
Legal when you buy a shell it "ALL" comes under your watch, you become responsible for the company, dammed stupid to buy a company with problems and then say it was not under your watch. It was Urban's job to find the problems and fix them and that he did not do. His watch is full of crap.
Posted by glassman on :
i'll tell you what is interesting as far as stockgate goes... GLKCE... the filings are all very contradictory, and since the Senator got involved i think everybody is afraid to do anything.. Posted by Pennytrade on :
Cmkx why this big volume today? Any news? What happens?
Posted by bill1352 on :
just a normal cmkx volume day penny...legel, the o/s started to be increased under UC in july of 2003 it was 500 million its now 703 billion. thats all, 100% on UC's back. nobody else is to blame. in my opinion thats the only problem with cmkx. all start up mining companies are very risky & the o/s ends up high. look at GWGO, its over 7 billion but it supports a .0013 pps & has run much higher & will run much higher again very soon probably. but no company not even naked shorted companies can justify a 703 billion o/s. thats doing to the shareholder what naked shorting does only on the books. if cmkx is grossly naked shorted then the shareholders got the shaft from 2 directions, the company & the market corruption.. truth is i'd be suprised if 80% of the stocks we start threads about on allstocks weren't naked shorted to some degree. 1 of the big allstocks fav's is probably 1 of the most shorted out there, qbid. the o/s is high & its fighting long odds getting serious cable coverage. the perfect naked short stock. i too hope dateline opens the doors wide. i hope they are honest & dont pull punches but i have my concerns there. as the article states lawyers are involved & conservative think tanks are pushing for change. NBC will support left leaning lawyers before helping right leaning groups. i'm guessing it will be watered down but its a start in getting the public aware, not just penny & small cap traders.
Posted by ed19363 on :
Hey legal, what you think of UC's new house??? Wonder whose money he used to buy that??? Give ya 3 guesses and the first two dont count !!!!!!!!!!!
Posted by Sir Loin on :
CMKM Diamonds, Inc. (CMKX) Update
The Green Baron Report for the past few days has been speaking with John Martin, major CMKX shareholder, and his Attorney Bill Frizzell from The Frizzell Law Firm of Smith County, Texas, who Mr. Martin has retained to file a Motion to Intervene on behalf of CMKX shareholders regarding the current SEC hearing involving CMKM Diamonds, Inc. The Green Baron Report views this as a significant development for all CMKX shareholders.
In our ongoing effort to provide our members with the latest and most accurate information available we have scheduled a webcast for tomorrow afternoon, Wednesday, March 30th with Attorney Bill Frizzell which we will make available to the public shortly afterwards on our website www.*************.com
The Green Baron will be releasing a Special Update tomorrow afternoon that will include information about the webcast with Mr. Frizzell as well as information about how CMKX shareholders can join in the Motion to Intervene as formal participants. The Special Update will also include information and links to the Frizzell Law Firm's website where interested parties can download a Participation Agreement allowing shareholders to join in the Motion to Intervene. Our understanding is the cost per shareholder will be a $25 one-time filing fee.
Although The Green Baron is still confident that CMKM Diamonds could successfully resolve their current matters with the SEC before any legal proceedings may be necessary, we still view the representation of the shareholders by Mr. Frizzell and his law firm as an important safety net and very positive development for all CMKX shareholders.
There has been much speculation regarding tender offers involving CMKX. We here at The Green Baron have the utmost confidence in the SEC and CMKM Diamonds management to diligently protect the shareholders interests, we also remind our members that it would be very much in our best interest if any tender offers, or similar negotiations taking place, did so with the shareholders having our legal representation at the table looking out for our interests.
Evergreen Marketing, Inc. and The Green Baron Report would like to state that we have received no compensation from any of the parties involved in this matter. Including CMKM Diamonds, Inc., John Martin, or The Frizzell Law Firm. Our involvement is strictly as shareholders and in the best interests of our members.
Posted by Doctoall on :
Great post, beat me to it Posted by Wallace#1 on :
Like I said before, who the hell would be interested in making a tender offer for CMKX besides UC and cohorts? And if they were interested, it would most likely be in another effort to deceive and bilk the public.
As far as the Green Baron is concerned, I doubt if he has changed his colors very much. He sure did pump the hell out of CMKX and everything UC supposedly did or said. I do not trust him any more than I do UC.
Posted by Ric on :
With the thousands of koolaid drinkers out there how much do you think this so called law firm make at 25 dollars a pop. lol. No stopping how they can milk these people out of there money.
Posted by bill1352 on :
as i stated a few days ago shutting cmkx down is the wrong thing to do. first it lets UC off the hook for past wrong doing & allows him to move everything to CIM without the truth ever seeing the light of day. second with 703 billion shares in the o/s it means there are a great number of investors both large & small that lose everything. it doesn't hurt a few hundred it hurts thousands. personally i wouldn't mind seeing a few of the worst pumpers getting hurt. making up those wild full of crap theories & dumping that garbage all over the net sucking in less informed investors or less wary investors deserves some sort of punishment & losing their investment if they even have 1 is the only way to hurt them but for the sake of the hopeful it wouldn't be fair. i'd rather see UC made to come clean on all the back door dealings. like shipping $1 million to his brother for worthless zinc claims. claims that at least 4 differant companies surveyed in detail & found nothing worth mining. do you really think that nevada minerals would have sold those shares back if they had any idea they would 1 day have any real value? 75 billion shares at less then .0001 per share & they lost their claims to boot. the only fair thing for shareholders is to force UC to report every dealing & force a complete accounting of all moneys. force a complete report on any mining activities if there are any even if its just drilling holes & what has been found. then maybe after an r/s from hell new management can finally start doing as it should & concentrate on finding out if any of those claims have value & at some point in the future maybe ppl can get some of their money back. but UC has to be exposed & removed. i don't know if mahoo is the guy but we have found out more real info in the month he has been around then in the last at least 20 months.
Posted by Ric on :
Well, I don't think the SEC will see it this way. They will see several options for investors one of which is you have to April 25th to get out with some of your money. Also they will say you have the right to sue UC, of course we know that the lawyers are the only ones to benefit from that. But who knows after the investigation there may be criminal charges. It still hasn't completely ended yet. Heres a post about the 3rd party intervention not sure if his facts are right.
By: ckt64 29 Mar 2005, 11:16 PM EST
Just a note regarding the law firm seeking a motion to intervene on behalf of certain CMKX shareholders in an SEC enforcement action...the law is fairly clear that the SEC can and most likely will deny the motion of a 3rd party intervenor under Section 21 (g) of the 1934 Act. The lawyer or his representative would be unable to bring forward any information or requests of the shareholders in this matter. Furthermore, this attorney and his representative who will be seeking this motion will have received fees from shareholders to proceed with a motion to intervene that will almost surely be denied.
Posted by bond006 on :
hi iam sure the green baron is not calling cmkxthe stock play of a life time anymore. pump pump and trying to dump
Posted by Dustoff101 on :
Ya know, their is a man around here named,,lets see now,, could it be Wallace, that called this mess from the git go....I remember last year when people attacked him like rabid dogs....Don't know what else to say, I guess I just said it all about this whole damn thing.
Posted by Upside on :
I'm sorry Bill but I've gotta disagree with you. Assuming this company is what we think it is, they absolutely should be shut down, lock, stock and barrel and for a lot of the reasons you specified. If we're right, this is a company that has issued 700+ billion shares into the market and has nothing to show for it exept one dilapidaded drilling rig that was last seen in a dump. They have bilked investors out of millions of dollars for personal gain yet they should be allowed to continue? When the SEC refers to protecting "investors", I don't believe they're referring to just shareholders rather everyone who might decide to invest in this company or the next incarnation of it in the future. Why let it continue? Enough damage has been done and it should not be allowed to go on. Did you happen to see the post earlier tonight about Urbans new 3.5 million dollar house? Rendall Williams, the head of UCAD just closed on a 1.8 million dollar one also. You and I paid for a portion of those homes and it's a slap in the face to anyone who invested in this company.
If they do shut them down, that in and of itself should be enough to bring on lawsuits against them, as it should be. A modicum of guilt will be enough to get the ball rolling. If these people have done what we believe they have, they deserve to have every last personal asset stripped away from them. Will it happen? Probably not. They'll walk away with a huge fine that they can easily afford and live the easy life off of the backs of people like me and you, hopefully to never be heard from again.
Posted by bill1352 on :
well UP, i dont disagree. cmkx does need to be shut down. but i'll bet if UC isn't forced to disclose every deal all claims will be moved into CIM & it starts all over again. if shut down UC is shut up, just what he is begging for. i'll bet mahoo has shares of CIM now. look at that last pr. you ever hear of a company just say opps, sorry we did not keep records..? do you think the faithful cult will blame anything on UC if shut down? not a chance. i dont believe the SEC will force UC to fess up, i'm sure it will be shut down. UC will then either put everything into CIM or sell all claims to another skunk to pay the fines the SEC will levee. either way it will start up all over again.
Posted by Wallace#1 on :
If the SEC has any teeth, they don't appear to use them to their fullest extent. Therefore, I do not think the SEC will shut them down....could be wrong though. Further, if the MMs and/or Brokers stand to be hurt, it's just a slap on the wrist for them and the SEC won't push the closing down pursuit if they stand to experience damage. Just remember who controls ALL the markets....MEMBER FIRMS!!!
What will probably shut them down are criminal courts and/or just plain bad business management (could be designed). They have been going nowhere and have no where to go....no matter what is said about huge claims.
I think Bill mentioned $1 mil going to UC's brother. Is that the same $1 mil that went to UC's son at CIM? If he can get away with it, and CIM ends up being some sort of survivor, UC will try the same all over again. Problem for him there is the fact that his name is written in vain all over the market's walls.
Bottom line for me is that I think he should be shut down and go to prison where he belongs. Shareholders will have to take their losses as usual.
Posted by Wallace#1 on :
Just a clarification re "MEMBER FIRMS" of which some may not be aware. Member Firms are the big brokerage firms the run and control the major exchanges/markets. It's a club of which Grasso was a part and a tool.
Posted by Upside on :
I don't think we'll ever hear from him again. My hunch is he's going to "retire" and live a very comfortable life. The stage is already being set for that with the news of his stroke a few months back. We're hearing less and less from Urban and more and more from Bob Maheau. It looks like he's going to be the paid fall guy here. This mess will finally go away under his watch and he'll be the one people scream about while they praise Urban. Beautiful, isnt it?
Posted by Ric on :
I think the fines will be huge and he of course will try to advoid them but if he tried and sell the company to CIM then the SEC would freeze the accounts and take everything. I really don't think he will get away with just transferring assets to another company and starting over again.
Posted by Wallace#1 on :
Up,
Never thought about the "fall guy" scenario. Wish I had. Kudos!!!
Ric,
Questionable as to the SEC freezing accounts and taking everything. May be able to freeze, but don't think they can "take"....could be wrong though.
Posted by legaleagle on :
quote:Originally posted by ed19363: Hey legal, what you think of UC's new house??? Wonder whose money he used to buy that??? Give ya 3 guesses and the first two dont count !!!!!!!!!!!
Looks like the home of an empire builder to me.
Posted by legaleagle on :
looks like a 700billion share investment to me...
Posted by Upside on :
At least now we know why DeBeers would be willing to buy them out for 700 billion dollars.
Posted by ed19363 on :
quote:Originally posted by legaleagle:
quote:Originally posted by ed19363: Hey legal, what you think of UC's new house??? Wonder whose money he used to buy that??? Give ya 3 guesses and the first two dont count !!!!!!!!!!!
Looks like the home of an empire builder to me.
Yep, that's what it is.....but it was paid for with YOUR money...guess that makes you feel good. Personally, I'd like to see the lying #*^$&&&&*@ locked up......
Posted by Wallace#1 on :
Yessssirrrreeeeeee. Really was impressed! And the need for security was soooo obvious! Did you see all those security people?
Posted by legaleagle on :
John Martin is the shareholder who has hired the attorney to intervene for shareholders in the SEC hearing. Here is his web post
John Martin's Talking Points
"This shareholders group action is in no way a type of class action lawsuit against or involving CMKM Diamonds, Inc. This is simply a group of shareholders that have one specific purpose in mind and that is for our views to be heard in a suit that has been brought by the SEC against our company. Class action lawsuits on behalf of shareholders are not uncommon, However, most of those actions are aimed at the company. I have seen no evidence at this point to suggest the company has any reason to be the target of a class action suit. To the contrary, the current management appears to be devoting a tremendous amount of time and money to correcting problems that need addressed."
[1] Every shareholder knows, "We're from the Government and we're here to help" is an oxymoron when it comes to the SEC protecting the rights and interests of the average investor. We as CMKX shareholders must take control of our own destiny and take responsibility for protecting our own interests regardless of the actions (or lack thereof) by the SEC. [2] This is not a lawsuit against the company CMKM Diamonds, Inc. It is a legal request via Motion to Intervene to secure representation for the shareholders during the proceedings involving CMKM Diamonds and the SEC. We are in essence teaming up with CMKX to protect our collective rights in this process.
[3] Our extraordinary and unprecedented loyalty and patience up to this point, demands that CMKX shareholders be recognized and represented in this process.
[4] The CMKM Diamond, Inc. shareholder base is among the largest and therefore most powerful investor groups in existence. This power will go to waste if we do not exercise it as investors and shareholders in CMKX. The time is now to unite and speak with one voice.
[5] We as shareholders have rights and we fully intend to exercise those rights and protect our interests to the best of our ability. We encourage all CMKX shareholders to immediately join in our Motion to Intervene.
How to Participate in the Motion to Intervene
* Registration is fast and easy. Click here to download the single page Participation Agreement * The name of the Shareholder is preferred, but not necessary to participate. * The number of shares held by Participant can be kept confidential. * There is a 1 time $25 application fee payable by: PayPal (online) or Check (print and mail form w/ check)
Posted by ed19363 on :
Another $25 wasted on CMKX. This suit will be ignored like all the others. Save your money, or use that $25 to buy more shares.....ROFL
Posted by legaleagle on :
i wonder if thats what was once said about the Enron guys, the Tyco guys, the World com guys maybe the global crossing guys
Wallace maybe it was his son not brother, just knew it was given to blood. being st george paid the cash it might be the place all the claims end up in not CIM. i would not be very suprised if 1 day some of theseclaim sites does produce a valuable mine or 2. i just don't think a single cmkx share will see that value. there are a number of JV mining companies out there that started up on share profits. that have dealt with the same start up costs, the same mm's tricks & cheats & started around the same time as cmkx but the o/s is not over 10 billion (a few are close). they now are close to mining & having value & they support much higher pps's then cmkx. but then they don't support race cars , 3.5 million dollar homes. family members dont get million dollar gifts. then again they have solid financial records. they tell shareholders whats going on, they report to the sec. as a matter of fact & principle they run the companies like honest businesses, something that is taboo around the cmkx tables.
Posted by bill1352 on :
now there is a smart lawyer, see's a cult following & jumps right on the bandwagon to bilk more cash out of the huddled masses...lol must be a study of roger glen. at least 1 shareholder knows how to get his investment cash back, bet he gets a cut of the $25...lol
Posted by ed19363 on :
That about sums it up, Bill. I have never used the word before, but this is REALLY starting to look like a scam now. It's almost like they want to be shut down, they're almost begging for it. I'm prepared to lose the money, but I certainly hope somebody stops CMKX from ripping off any more people. The above is IMO, for those who harbor legalistic tendencies.
Posted by Upside on :
Upside, I think we will find out CMKX is doing the same thing. How much can a pile of untested kimberlite be worth anyway....LOL??
Posted by Upside on :
A pile of what?
Posted by Wallace#1 on :
From the site Upside posted:
"The error is in the methodology used to value the mineral rights acquired by the registrant, which resulted in the value of such mineral rights being overstated." **********************************
Exactly what I have said with reference to CMKX's value of rights. There never appeared to be an independent, arm's-length appraisal of CMKX's rights. As far as I can determine, UC or cronies valued the rights which makes that value designation worthless. He had/has a vested interest in allocating an outrageous value.
Posted by Wallace#1 on :
Please, if you are the least bit intelligent, stay away from the following (posted in full above):
John Martin is the shareholder who has hired the attorney to intervene for shareholders in the SEC hearing. Here is his web post.....
How to Participate in the Motion to Intervene
* Registration is fast and easy. Click here to download the single page Participation Agreement * The name of the Shareholder is preferred, but not necessary to participate. * The number of shares held by Participant can be kept confidential. * There is a 1 time $25 application fee payable by: PayPal (online) or Check (print and mail form w/ check)
Posted by Upside on :
Kind of interesting how USCA's claims had a value of 7 million in one quarter, then they do the Casavant shuffle the next quarter and their claims jump to 62 million.
Posted by Dustoff101 on :
The picture of the shed put me over the top. I can't stop laughing. I hope I can stop before the Fed X person come's...The picture of the path to the shed was bad enough but that shed, O man, wow that was just to much....where's dwman
Posted by dwman on :
NEW YORK--(BUSINESS WIRE)--March 30, 2005--The following statement was issued today by Stuart Z. Goldstein, managing director of DTCC Corporate Communications and spokesperson for the company: "The Depository Trust & Clearing Corporation (DTCC) has provided its bank and broker customers with a detailed explanation of its Stock Borrow program and the issue of naked short selling in an effort counter a widespread campaign of distortions and misleading information.
DTCC has published a Q&A interview with our First Deputy General Counsel in its own newsletter, @dtcc, which is distributed to over 7,000 readers throughout the financial services industry. Our aim is simply to correct misstatements of fact. We have confidence that our regulators, who carefully review our activities, understand that short selling is a trading strategy and is not related to the post-trade clearance and settlement process.
We've made the Q&A interview available on DTCC's web site at www.dtcc.com, so journalists and investors can get a more accurate understanding of our role in the completing the trading process. It is a highly automated environment that can handle in a given day up to 4.6 billion shares traded across all U.S. markets."
We believe that those involved in the litigation on naked short selling have been part of these efforts to try and achieve in the media what they have not achieved in a court of law.
To date, nine of the suits brought against DTCC and its subsidiaries variously alleging either we 'counterfeit securities certificates,' 'that our Stock Borrow program reaps billions in profits' and that we 'directly contribute to naked short selling,' have been dismissed or withdrawn. These assertions are false."
About DTCC
Through its subsidiaries, DTCC provides clearance, settlement and information services for equities, corporate and municipal bonds, government and mortgage-backed securities and over-the-counter derivatives. DTCC's depository also provides custody and asset servicing for more than two million securities issues from the United States and 100 other countries and territories. In addition, DTCC is a leading processor of mutual funds and insurance transactions, linking funds and carriers with their distribution networks. DTCC has operating facilities in multiple locations in the United States and overseas. For more information on DTCC, visit www.dtcc.com.
--------------------------------------------------------------------------------
Posted by dwman on :
Martha left a cell vacant.
Posted by dwman on :
3 of the 12 suits was not thrown out.
Posted by Upside on :
Originally posted by Dustoff101:
quote:The picture of the shed put me over the top. I can't stop laughing. I hope I can stop before the Fed X person come's...The picture of the path to the shed was bad enough but that shed, O man, wow that was just to much....where's dwman
It's really kind of a shame isn't it. Everything else that Urban is involved in is top notch. Racing team, 3.5 million dollar home, state of the art RV's at the races, etc. Everything is first class, except the drilling end of it of course.
Posted by Dustoff101 on :
dwman..good, you have your sense of humor back
Posted by dwman on :
That "got cmkx" truck looks like the one I used when dating my wife. The case 850G is like the one I used on our last date. She refused to ride to town in it. Never dated me again. Didn't marry me until 60 years later.
Posted by Peaser01 on :
What a joke. How can CMKX afford a billboard at Las Vegas Speedway? My favorite pic was the one of the place where "drilling once took place."
I about busted a gut.
Thanks Wally!
Sorry for those who lost some $$ on this.
[ March 30, 2005, 17:25: Message edited by: Peaser01 ]
Posted by Dustoff101 on :
dwman...took her 60 years to walk to town? Come on now Texas ain't that big,,,,,,,,,,is it?
Posted by bill1352 on :
why would you want top notch drill equipment before you tanked the stock that bought all the other nice things. after you get the stock wiped out then you drill in earnest so that all the profits are yours or you sell the rights to a company that you own say 200 billion shares of. let them do the real exploration.
Posted by Peaser01 on :
Dusty, Thanks for IMing me about the pics.
Posted by Peaser01 on :
From those pictures, I didn't see any drilling equipment. Well, It is Las Vegas. I guess that everything is a gamble in that city. Don't bet against the house, they'll take all your money.
Posted by Dustoff101 on :
bil1352...now let's not get to quick to judge U/C'S drilling site equipment...I think that shed of his might of been one of those high teck jobs...I think I saw a toilet paper dispencer in there.
Posted by Peaser01 on :
lol, ya made of plywood.
Posted by Peaser01 on :
The pics were taken at the corny fort area, what should one expect from that? This is too much.
Posted by Dustoff101 on :
My belly muscle's hurt ,,Bill1352 ,peaser01,everybody,, check out the storage equipment shed on ski's. I hope he wrote that off as a racing machine. Whats with that CMKX sign on the shed, did he think someone was going to steal it.
Posted by dwman on :
quote:Originally posted by Dustoff101: dwman...took her 60 years to walk to town? Come on now Texas ain't that big,,,,,,,,,,is it?
No, Dusty, 60 years to forget that I tried to take her to town in a bulldozer. Let's see.... been married 44 years....21 when we were dating... that makes me about 125 yeras old.
Posted by Peaser01 on :
Looks like my ice shanty sled.
Posted by dwman on :
quote:Originally posted by Peaser01: From those pictures, I didn't see any drilling equipment. Well, It is Las Vegas. I guess that everything is a gamble in that city. Don't bet against the house, they'll take all your money.
Reminds me of Billie Sol Estes, an aide to Lyndon Johnson. Back in the 60s he borrowed money using one anhydrous amonia tank of fertilizer as collateral. He kept moving the tank all around that big expanse of west Texas. Borrowed millions before he was caught.
Posted by Thorn on :
Yeah, I had a good laugh when I saw the $25 charge to file. You'd think they could cover the costs pretty easily and file it free for you. Posted by ed19363 on :
This whole mess would be extremely funny, if only it weren't so pathetic.
Posted by bill1352 on :
guys seriously the first pic proves its a top notch operation...notice the old duct tape used to hold the pipe together? now thats a classy operation Red Green would be proud (canadian show seen in detroit area - inside joke for those that know the show). if there's no duct tape its not done right.
Posted by Ktrain420 on :
hahahahhah.........bill.......it's "DUCK TAPE".........LOL
Posted by Pennytrade on :
When CMKX finally lift off ? There is allways a big volume. Anyone knows if they are more buyers or sellers?
Posted by dwman on :
I'm gonna beat legal to this post... It is very short. I know Will won't mind. From a guy who calls himself Kranker on another boarJust another speculation, all in my wild imagination of course. This should put you all to sleep real fine
When foreign governments default on their loans, from Citi and others, Citi has a tendency to take positions in companies inside that country AND refinance, or further finance, the governments defaulted debt. If they do not do this, they will certainly lose all of the money on the loan that has defaulted. In this way, they are able to take ownership in tangible assets and at least hold a stake in something of value.
In the case of CMKX, perhaps Knight was the "foreign government" (for ref purposes only), who had tremendous debt due to their high leverage against penny stocks like CMKX. Let's say knight could not "cover" that debt (buy-in) so Citi did what they have always done for "foreign governments", that is "take a piece" of the assets of the defaulting entity instead of losing the entire loan value and bankrupting the country (company).
I believe Knights derivatives business, which Citi purchased for a song, was a high performing business for knight (although the jury is still out on how they derived that revenue). Why sell it?
For this speculation, it does not matter if Knights derivatives business was the unit that sold all the NSS, Citi got what they were after through leverage on mounting Knight debt, all IMHO and for fun
In his comments on the Citigroup purchase, Thomas M. Joyce, Chief Executive Officer and President of Knight Trading Group, said, "Knight made significant improvements to its options business since it was acquired in 2000, adapting to the dynamic options market by increasing efficiencies and introducing new products." Mr. Joyce continued, "Knight is now a significant market maker in the U.S. with profitable operations, a strong brand and industry-leading technology and trading expertise. Ultimately, the hard work of Knight's employees transformed our options business into the attractive asset for Citigroup that it is today."
And here’s a nice little prize Citi received with the deal “Citigroup did purchase Knight's membership rights on the exchange."
JERSEY CITY, N.J., Dec 10, 2004 /PRNewswire-FirstCall via COMTEX/ -- Knight Trading Group, Inc. (Nasdaq: NITE) today announced the closing of the sale of Knight's Derivative Markets business to a subsidiary of Citigroup, Inc. (NYSE: C). The sale was effective as of the close of business on 12/9/04 for approximately $237 million in cash.
Citigroup Global Markets Inc. or its affiliates has received compensation for investment banking services provided within ... from KNIGHT TRADING.
Citigroup Global Markets Inc. or an affiliate received compensation for products and services other than investment banking services from KNIGHT in the past 12 months.
Citigroup Global Markets Inc. currently has, or had within the past 12 months, the following company(ies) as investment banking client(s): KNIGHT .
Citigroup Global Markets Inc. currently has, or had within the past 12 months, the following company(ies) as clients, and the services provided were non-investment-banking, securities-related: KNIGHT TRADING.
Be sure to take a look at this volume data, OTC Bulletin Board and Pink Sheet shares traded (in millions) Nah, let’s spell it out clear
2003 305,303,000,000 2004 1,349,856,000,000
Q4 03’ 135,201,000,000 Q4 04’ 358,910,000,000
Hmmmm…Seems like Knight stepped up the penny volume a bit, don’t your think?
And why was it again that Knight just decided to sell a high performing core segment of their business? -lol
Per Knight, January 05’ - The gain on the sale of the Derivative Markets business, net of transaction costs and taxes, was approximately $80.9 million, or $0.70 per diluted share, in the fourth quarter of 2004. Additionally, in the fourth quarter, through the date of the sale, the Derivative Markets business segment reported a gain from its operations, net of taxes, of approximately $5.0 million, or $0.04 per diluted share. In total, during the fourth quarter, the company had net income from discontinued operations of $86.0 million, or $0.74 per diluted share, from its Derivative Markets business segment.
How about this line from Knights Q4 04’ report? Liabilities Securities sold, not yet purchased, at market value $221,420,569
And Knight seems to pay a nice stipend to its “order flow” partners, Payments for order flow-Under EXPENSES - LOL Q4 04’ $9,215,539 Q4 03’ $10,175,253
2004 $36,632,317 2003 $32,178,913
And what about Knights Deephaven Capital Management fund (err HEDGE FUND).Well, Knight loves it. Referring to the previous link, you would think they have just discovered the cure for the common gold and diamonds and stuffium cold.
But, did you notice they never call it a “hedge fund”?
They say, “Deephaven remains a prudent place to keep a portion of our cash while we seek strategic investments." -LOL
“On January 1, 2005, Knight invested an additional $100 million in the Deephaven funds, bringing the total corporate investment to $315 million.”
"Deephaven produced impressive results this quarter as both a business segment and a corporate investment, contributing a total of $0.16 to Knight's earnings per diluted share," Mr. Joyce said. "We have always been confident that we have the right people in place to make our Asset Management business a success. Deephaven's results reflect the strong operating leverage and earnings power of more than $3 billion of assets under management. Furthermore, Deephaven remains a prudent place to keep a portion of our cash while we seek strategic investments."
During the fourth quarter of 2004, there was a net inflow of approximately $84 million in assets under management. The company's investment in the Deephaven funds returned $9.0 million pre-tax during the fourth quarter of 2004, up from pre-tax earnings of $8.8 million in the fourth quarter of 2003. At the end of the fourth quarter of 2004, the company had $215.3 million invested in the Deephaven funds.
-------------------------------
How about this little accounting shift for Knight in Q4 04?
“Effective in the fourth quarter of 2004, the Company instituted a new segment reporting format to remove from its operating business segments all corporate overhead expenses and investment income earned on strategic investments and our corporate investment in the funds managed by our Asset Management segment (the "Deephaven Funds"). Prior to this change, corporate overhead expenses and investment income earned on strategic investments were allocated to the operating business segments based upon the Company's allocation methodologies, generally based on each segment's respective usage or other appropriate measure.”
BELOW, knight competitor, Merill, has a different view on the whole Deephaven Chior Boy!
Merrill Lynch downgraded Knight Trading (NITE ) to neutral from buy. Analyst ... says EPS is under pressure from a sharp fall in equity volume, less options trading, and weak performance at the Deephaven hedge fund unit. He thinks a low-volume environment could persist throughout the summer. http://businessweek.com/investor/content/jun2004/pi20040616_4029_pi006.htm
I could go on an on, but it's already too long ...too many GOOGLE hits to DD for this duo – LOL
Time to wrap up this laughable speculation.
In this latest speculation -lol,
1. Knight cannot pay the debt to cover the NSS CMKX shares that are being ordered by the brokerages and the SEC to cover. Knight cannot only cover their NSS, they are incurring recurring fees for their uncovered short position.
2. Let's say Citi was the bank that was backing Knight in their risk obligations. Knight was "ordered" ordered to buy in (probably as a result of the divvies), and could not do so because Citi shut off the tap.
3. Lucky for Knight, Citi views them as just another 3rd world country and agrees to take their best performing business unit, the derivatives business and assume "certain debt" (check the PR) in the deal.
4. Citi cuts Roger Glenn loose from their roster to foster the deal. (Yea, he's an M&A master). Citi gets pulled off the E&A client list from the website.
5. Fast forward to now-lol Citi steps up to the plate (remember, if they didn't buy knight, they would not have received any cash back on the defaulted loan).
6. Citi says to UC, "Hey UC, you da man!"-lol Rather than lose all our cash on that Knight loan, "hows about we give you one of our special deals?
We'll give you a few hundred million/billion bucks, you raise the OS to Knight NSS position, and we'll buy every share of Knight NSS at a reasonable price that you set.
You and your shareholders get some cash and we don't lose Knights loan debt to a scandal. In fact, we get a stake in your great company. BTW, we want 300B real shares (August 14, 2004)
How's that sound UC? BTW, you got the goods right? - lol
And what about the other MM's that did the dirty work for the offshore hedge etc.? Well, they just contribute to the squeeze. You see, there can only be one king, and Citi would be first a bat.
IBM ensures the "others" come into line when required.
Just another speculation, all in my wild imagination of course.
Have a nice “Knight”
Posted by tarq3 on :
Equity Bridges Financial Relations: Equity Bridges Financial Relations announces shareholder legal representation for CMKM Diamonds Inc./SEC proceedings and endorses Evergreen Marketing Inc. and The Green Baron Mar 31, 2005 (M2 PRESSWIRE via COMTEX) -- Equity Bridges Financial Relations is pleased to announce shareholder legal representation in a motion to intervene in the matter of the SEC and CMKM Diamonds Inc. (Pink Sheets: CMKX)
Wayne Pedersen President and CEO of Equity Bridges Financial Relations stated "I fully endorse Evergreen Marketing Inc. and the Green Baron for helping shareholders in regards to having legal representation at the proceedings involving the SEC and CMKM Diamonds Inc. Shareholders need to be heard from and the more shareholders that register their names the stronger voice we will all have. It is my opinion that shareholders should register their names to help out our common cause. I felt it was necessary to send this message out on the presswire due to the fact that only investors reading message boards, or members of The Green Baron newsletter would be the only ones aware of this. This is a matter for each and every shareholder to be aware of and we do not expect CMKM to publicly announce this information. We felt it was only fair that everyone was made aware"
For an exclusive Green Baron interview with attorney Bill Fizzell regarding CMKX please visit the Green Barons website:.
About Equity Bridges Financial Relations: Equity Bridges Financial Relations (EBFL)has been in business since 1999 and has represented over 100 Companies. EBFL is committed to investors as much as we are committed to companies. We firmly believe that well informed investors is one of the most important functions a publicly traded company can do. "We help bridge the gap between companies and investors." Visit our website to learn more at: www.equitybridges.com
The owner and staff of Equity Bridges Financial Relations are not licensed investment advisors. Nor do we give out buy, sell or hold advice to anyone. We have not been compensated in anyway to publish this report. Full disclaimer/disclosure is located at: www.equitybridges.com/cmkxdisclaimer.htm
CONTACT: Wayne Pedersen e-mail: info@equitybridges.com
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Posted by ed19363 on :
More ambulance chasers....guess who is gonna be the only people to make money from CMKX...the damn lawyers....
Posted by Dustoff101 on :
Somebody,,,,,just recommened CMKX on the todays pick thread.....And I thought my first post was bad..Anybody want to buy a racing shed?
Posted by tarq3 on :
I now its hard being on the grey, but am curious to this trading at 0.0005 and 0.0006. I woudl have written it off to a mistake at should have been 0.00005 or 0.00006, however, a few times in a row is a little odd
Posted by JEAL on :
Forget the above -
It appears that it has been corrected - too bad.
Posted by JEAL on :
quote:Originally posted by Dustoff101: Somebody,,,,,just recommened CMKX on the todays pick thread.....And I thought my first post was bad..Anybody want to buy a racing shed?
Does it come with sponsors too?
Posted by Peaser01 on :
quote:Originally posted by Ktrain420: hahahahhah.........bill.......it's "DUCK TAPE".........LOL
LOL. Actually, you are partially right on this.
FYI - Duct Tape is the correct name.
"Duck" Tape is the flashy name some company thought of calling it for sales purposes.
Posted by Dustoff101 on :
Jeal...not right now, got any idea's?
Posted by Wallace#1 on :
Ktrain,
Didn't want to offend, but since he brought it up, Peaser is right about the tape. Originally called "Duct Tape". It came into use by Heating/AC people as a means to seal up the joints in the metal ductwork. I have no idea as to how it became called "Duck Tape".
Willing to bet Peaser has some construction background to have known about that one.
Posted by bill1352 on :
i think K was using a play on words as in UC ducking the truth...lol. & in the case of cmkx either spelling works...lol
Posted by Wallace#1 on :
Maybe you're right Bill. I remember someone saying something like "QUACK!! QUACK!! QUACK!!" when referring to CMKX looking much like a SCAM. Just cannot remember who!! LOL Hell, that was months ago.
Posted by bill1352 on :
i heard a rumor that in the new Websters for the word scam there will be a picture of a "Got CMKX?" sign. i guess since ppl believe all the other rumors this one must be true too.
Posted by bill1352 on :
by the way i email a copy of the "duct tape" pic to the Red Green show. no responce yet but i'm sure it will be well recieved. i did mention its mining equipment supposedly used to drill for diamond exploration. for those in here that have never seen it, the show is a comedy 1/2 hr devoted to manly themes so to speak. been on for 10 or more yrs. has a section called handymans corner where Red take junk & makes something usefull out of it. everything is held together with duct tape.
Posted by ed19363 on :
Seems I remember one of the companies used a duck in their TV ads for duct tape, and somehow it got convoluted into "duck" tape. But I could be wrong.....again....LOL
Posted by bill1352 on :
duck tape is a brand name for 1 companies duct tape
Posted by Dustoff101 on :
Does anybody know if we will get timber revenue's from the timber U/C cut when putting the road in to the shed....Also I am having trouble finding a depreciation schedule for racing shed's. I'll bet Red Green would have one.This is right up his ally....Try PBS if you want to find the Red Green show..
Posted by legaleagle on :
quote:Originally posted by Dustoff101: Does anybody know if we will get timber revenue's from the timber U/C cut when putting the road in to the shed....Also I am having trouble finding a depreciation schedule for racing shed's. I'll bet Red Green would have one.This is right up his ally....Try PBS if you want to find the Red Green show..
"The drilling crew just left the previous day. The drill site is adjacent to the un-named lake and is across on the west side of the lower end of the lake from Shane Resource's Smeaton kimberlite"
Posted by Wallace#1 on :
Maybe they should name that "un-named lake" SCAMMED LAKE?
Posted by Dustoff101 on :
Wallace,,heads-up the M... stock..
Posted by Wallace#1 on :
Just about to PM you.
Posted by bill1352 on :
Dusty PBS has Red Green in Texas??? cool if so thought it was only local PBS because of being a canadian show
Posted by ed19363 on :
Well, to calculate the number of board-feet of lumber, we need to know the exact dimensions of the logs from the trees cut, plus the number of trees. Then we need to know the wholesale price of 2X4s, multiply by the above dimensions, and then find out who got the money. Oh, and we must figure in the lumbermill's charge for cutting the boards. Anybody wanna tackle this one?????
Posted by ed19363 on :
Should come out to somewhere near 703 billion board feet......IMO
Posted by Dustoff101 on :
Bill,, I live in Oregon everybody else live's in Texas....Red Green is on PBS in Oregon as well.
Posted by Wallace#1 on :
Hell, that damn fool (you know of whom I am speaking) should have gone into the lumber business instead of mining.
Posted by Dustoff101 on :
I don't know if I should use SAE or metric in my calculations for the Canadian lumber..Also need info on how much hay he fed the mule that did all that hauling of lumber and diamonds...He sure knew how to class up a work site huh.
Posted by legaleagle on :
OT: CMKX ...interesting read from RB ....19 things that..... 3/27/2005 12:50:37 PM Posted By: bobbyj421 Msg# 2016 of 2301
Post Reply Post New Message <>
19 Things That Make You Go Hmmmmmmmmmmm?
#1... The DaVinci-Franklin Fund I is led by Chairman Robert A. Maheu..
DaVinci's primary goal is to make investments in a broad range of growth industries, without a specific emphasis on any one sector. http://www.davincifranklin.com/
The Stoecklein Law Group specializes in assisting companies going public, mergers and acquisitions, corporate structuring, initial public offerings, direct public offerings and maintaining reporting requirements with appropriate governing agencies.
#5... The Stoecklein Law Group is assisting Medsonix in structuring follow-on rounds of financing with an ultimate goal of going public by the end of 2005.
#6... The Stoecklein Law Group is also assisting CMKM Diamonds Inc, with the correction of past deficiencies and guiding CMKX through its regulatory compliance requirements. http://www.casavantmining.com/fetchnews.asp?news_id=143
#18... Citigroup has a total assets of $720 billion and operations in over 90 countries.
#19.... Citigroup buyouts include.... Mexican banking powerhouse Banamex, E-Serve, Financiero Atlas (the No. 2 consumer finance company in Chile), Shinsei Bank, Travelers Property Casualty Corp (paid $42.49 PPS), Schroders PLC, merging Bank Handlowy with Warszawie SA (creates Poland’s leading financial institution), Argentina’s Grupo Siembra (a retirement-services group), Citigroup acquires Associates First Capital Corporation. (the biggest U.S. consumer-finance company), Diners Club, and others.. According to documents filed with the U.S. Securities & Exchange Commission, Citigroup Investments holds shares in 3,148 corporations including mining. http://www.endgame.org/citigroup.html Posted by will on :
OK!
703,000,000,000 things that make you go.OH! SH*T, I got took.
I'd type them all, but if I could type one per second it would take me almost 30,000 years. I think ya'll get the idea. That's about the time it would take to trade the float on this little gem of a company.
Posted by Ric on :
I still love how Citigroup can stick a sticker on a funner car one race and it means they are buying out cmkx. roflmao really the funniest thing I ever heard. Nascar here in my back yard this weekend. I think that I need to go check out what little stickers are on Tony Stewards cars, it must mean they are buying Home Depot. Still lmao
Posted by glassman on :
best race of the season....
tony won't win tho....Mark Martin will... Posted by Ric on :
I like to see MArk win it too. Wish I could still see the race from top of hill but Bristol Track is like a football stadium now. Bleachers to the moon 162,000 worth and 8,000 more being added. Not a Tony fan just a good sponsor to use as a example. I like the rookie from last race, hope he gets it. Coming back from taking wife to doctor today and made mistake to drive by track. Its already a mad house down there.
Posted by Wallace#1 on :
Ric,
Keep meaning to ask about your wife. Hope all is well and she's back home.
Posted by Highwaychild on :
I got connections at Kodak and got pit passes at least one race(sometimes 2) a year,but it's just too crazy there personal space wise anymore.So now I just watch it on the big screen. Posted by Ric on :
Thanks, shes doing better and she got to come home yesterday.
Posted by Highwaychild on :
Great news Ric!I'm glad to hear that...
Posted by Ric on :
I know the feeling. Mark Martin, when he drove for Valvoline, his team stayed at my hotel I ran and they gave me free tickets. But its so big now I rather not even fight the mess. Now the State Troopers that stayed at the hotel got suite tickets for the Bush race and they are nice, free food and drinks in a sound buffered glass room. They took me last April. But since I quit GM of hotel, I guess no more freebees. Took my daughter to the Bush race last fall but the Nascar is just to much.
Posted by ed19363 on :
19 things....hmm....after reading them I have come to the conclusion that the next CMKX board member elected will be none other than.......
Howard Hughes !!!!!!!!!!!!!!!!!! j/k
Posted by Ric on :
lol, I figured they would get Bill Gates.But thats right, he would force them to actually run a business.
Posted by will on :
You know, ed, at first I laughed, then I thought: "With this bunch, not only is it possible, but highly probable"....and the amazing thing is some goof will add a number 20 to the list in the above post. #20 Howard Hughes named coco-chairman, in charge of getting the coco. You know Mahue had him stuffed, don't you? Clipped his nails, cut his hair, and put him in collar and tie, sitting up in an overstuffed chair in Urban's basement. Desparate people do desparate things.
quote:Originally posted by ed19363: 19 things....hmm....after reading them I have come to the conclusion that the next CMKX board member elected will be none other than.......
Howard Hughes !!!!!!!!!!!!!!!!!! j/k
Posted by Ric on :
I seen a good point, If there is a planned buyout and these shares are worth so much. How come you can buy shares for .0001?
Posted by Livios on :
quote:Originally posted by Ric: I seen a good point, If there is a planned buyout and these shares are worth so much. How come you can buy shares for .0001?
And you can sell them at 0.0001.
Posted by bill1352 on :
19 things that make you feel stuck where the sun doesn't shine & without being given roses first.
1. 703 billion o/s
2. diamondferious = 2 flecks that would disappear with a sneeze.
3. not 1 claim held in company name.
4. paying 1 of the most expensive corperate lawyers in the US for 8 months & not 1 filing of any kind.
5. being shut down by a canadian province's securities division, the same province your claims are in.
6 only 1 drill rig & its old & held together with duct tape.
7. back door deals for shares & cash with companies of no known value.
8. cash deals with family for shares of companies with no value.
9. ad's to buy shares of company not the goods that are to give the company value.
10. Melvin...need i say more?
11. SEC investigation...need i say more?
12. a/s increase 3 days before divy date & almost all end up with divy.
13. a promised divy never shows up yet no word from company.
14. a buy back of 75 billion shares is called building shareholder value when the company knows there are still 703 billion shares out there.
15. a company is willing to sell 75 billion shares back at less then .0001
16. partners of company under SEC investigation
17. no partner company has ever given any value to any claim involved but 1 has reduced the value greatly.
18. race cars before diamonds are found.
19. i came up with 18 in ten minutes from aging memory without internet look up.
Posted by Pennytrade on :
What you have all again Cmkx ? Yesterday, the stock price was at 0,0020 on finance.yahoo.com. The stock price make allways new highs, but the big problem is we can not sell! Why sell orders are not assumed that's the big question!
Posted by Pennytrade on :
LOOK AT THE NEW VOLUME TODAY!!!
Posted by ed19363 on :
The filing is out !!!! We found diamonds, big ones !!!! We're RICH !!!!
April Fool
Posted by glassman on :
where is it always April .0001st? Posted by Ric on :
Just had $5000 clear today in account for non marginables. Should I buy this stock?
Posted by bill1352 on :
i'd buy bunches Ric...i heard a rumor there is a large toilet paper shortage coming. so get the certs.
Posted by Ric on :
Could request them a share at a time lol. Then find out what paper company they use and invest in that. lol
Posted by wnycowboy on :
I've been trying to dump my shares at .0002 for over a week with no luck. You can have mine... Cowboy..
Posted by Ric on :
I like playing April fools but don't plan on being one, lol
Posted by Upside on :
Good luck cowboy. I've been trying the same thing for close to a month now.
Posted by bill1352 on :
i was informed this morning my "19 Things" post was reposted on a cult site. it was introduced as being from a "known basher". the more i've thought about this the more upset i've become. i want to know what i did wrong to be kicked from the "paid basher" list. did i at some point post something in favor of cmkx? did i not bash it enough? i mean i haven't written any nasty letters looking for all my missing checks or anything. this has me feeling so unappreciated i might buy cmkx...oh thats right i can't i have ameritrade.
Posted by Upside on :
Bill, You're status has dropped from "paid basher" to the lowly "known basher", hence the missing checks. Until you reapply with the bashing firm that represents you, you will strictly be bashing for fun. I believe that upon acceptance, they will issue the back pay owed you but I'm not 100% sure of that.
Posted by Ric on :
Shoot, I have Ameritrade. They want let me buy CMKX this morning. I am going to sue them from keeping me out of this gold mine.
Posted by bill1352 on :
thanks upside, i feel better now. i'm off to reapply now...lol
Posted by wnycowboy on :
quote:Originally posted by Upside: Bill, You're status has dropped from "paid basher" to the lowly "known basher", hence the missing checks. Until you reapply with the bashing firm that represents you, you will strictly be bashing for fun. I believe that upon acceptance, they will issue the back pay owed you but I'm not 100% sure of that.
Ad least you would then get some money back for your investment... In my sad sarcastic opinion. cowboy
Posted by bill1352 on :
dont forget to figure in the profits you would have made. i think the last figure was .36 in a buy out. i'm sure sterling or dr. d will back you up on these lost gains in court. why you'd have a least 1 yrs worth of documentaion from PT site alone. & that doesn't include the 8 or 9 other web sites full of informative, carved in stone DD.
Posted by Upside on :
Just so you're aware of it, the re-upping process can be tough. When you're status drops down to "known" I believe that all subsequent bashes are viewed as practice or farm league and in order to re-establish yourself you have to come up with some real zingers. Liken it to moving from AAA ball up to the bigs. Not easy, but if you prove yourself over time, you'll make it.
Posted by bill1352 on :
upside..i'm willing to put in the extra effort. just think of the profits i can make if i help drive the pps down even further. why all us bashers together could get rich when it runs up to....oh wait the pps is .0001, it can't go lower.....why are we bashing this stock again??? i thought it was to drive the pps down so we could buy in cheap?? i'm confused now. i've been downgraded, i can't buy the stock because my broker won't sell it & my whole purpose in life, to get cmkx cheap, can't be done. i need a glass of kool-aide.
Posted by Upside on :
Originally posted by bill1352:
quote:why are we bashing this stock again??
Don't know for sure but as long my firm keeps paying me the 6 cents per, I'll keep doing it.
Posted by Peaser01 on :
quote:Originally posted by Ric: Just had $5000 clear today in account for non marginables. Should I buy this stock?
Only if you like QBID. Posted by Ric on :
Hey, I only get 5 cents. I am filing a complaint.
quote:Originally posted by Upside: Originally posted by bill1352:
quote:why are we bashing this stock again??
Don't know for sure but as long my firm keeps paying me the 6 cents per, I'll keep doing it.
Posted by bill1352 on :
prpounced started an april fools cmkx thread....any odds on it becoming serious dd on a cult site by the middle of next week??
Posted by ed19363 on :
Gotta be careful with those April fool thingies....might get banned as a basher....
Posted by Ric on :
Not to worry Ed. United Workers local 107 of the bashers union will represent us in need.
Posted by ed19363 on :
Hmmm...I need health care coverage that will pay for my eventual heart attack from this stock. Does Local 107 offer any??
ROFL
Posted by Wallace#1 on :
I gotta tell ya, ya bashers are all crazy. Glad I'm not pegged as one! LOL
Bill, I remember when they wouldn't think of calling you a basher. Times do change, don't they?
Posted by Upside on :
Wallace not a basher? Weren't you my instructor at Basher U?
Posted by Wallace#1 on :
Couldn't have been! Otherwise, you would have known me as the best when it came to CMKX. Might have been Masher U.
Posted by bill1352 on :
your right wallace...at 1 time i was in dw's catagory. i then went to paid basher, known paid basher & now i'm just a known basher. if i get any cartons of kool-aide in my mail i'm moving or seeking immediate professional help.
Posted by Upside on :
One step away from being a rookie pumper. Dangerous ground you're treading on Bill.
Posted by bill1352 on :
i'm asking my basher friends to make sure i dont fall prey to the cult...PLEASE!!!!. if i start saving up bottles to buy more shoot me ok?
Posted by Upside on :
Keep us posted. Will and I aren't that far away from you, we'll come to the rescue.
Posted by bill1352 on :
thanks UP...i knew i could count on my buddies...lol
Posted by Rhymin Simon on :
Please address me as Rhymin from now on, ok?
Posted by Rhymin Simon on :
Or hymen.
Posted by bill1352 on :
i'm leaning towards simple simon myself...lol
Posted by Rhymin Simon on :
Yeah, I don't care for it, too many opportunities for guys like you and Will. Going back to Upside right after this post. Rhymin bids you adieu.
Posted by Upside on :
Test
Posted by Dustoff101 on :
The Fed X lady cought me laughing alone in my office again...This time she asked me if everything was OK....
Posted by will on :
Next time just get naked, and say, yes, everything is fine.
quote:Originally posted by Dustoff101: The Fed X lady cought me laughing alone in my office again...This time she asked me if everything was OK....
Posted by Dustoff101 on :
Will,I don't want to scare the nice lady to death.
Posted by bill1352 on :
either that dusty or she would be the one laughing to herself the rest of the day...lol
Posted by ed19363 on :
You guys are bad......
Posted by Dustoff101 on :
Bill,,I said she was a nice lady, so maybe she would fake fear.
Posted by bill1352 on :
there ya go dusty...a positive attidude always works....lol
Posted by imakmony2005 on :
why are you guy all still here?? just for fun, this pig is dead is it not?? just wondering,thanks
Posted by Wallace#1 on :
Yes!
Posted by Ric on :
Yes!!!!
Posted by Dustoff101 on :
Yes!!!!!
Posted by bill1352 on :
Yes!!!!!!!
Posted by Ktrain420 on :
Yes!!!!!!
Posted by Wallace#1 on :
What a bunch of jokers!!! Just wish you guys were more original in your thinking. LOL
Ktrain, it's nice to see your 5 Stars. I once had 5, but someone must not have cared for my CMKX comments.
Posted by Wallace#1 on :
Imamonkey,
See what happens when you are precise and to the point? j/k - incl about your userID. Really, no offense!!!! You see, when you get to be an old fart like me, you begin to see things that really are not there.
Posted by Ric on :
Well, just think if more followed your lead awhile back they might not have lost on this. lol
Shoot I had 5 stars too till I made a comment on that gain's group awhile back. They attacked like a killer dog.
quote:Originally posted by Wallace#1: What a bunch of jokers!!! Just wish you guys were more original in your thinking. LOL
Ktrain, it's nice to see your 5 Stars. I once had 5, but someone must not have cared for my CMKX comments.
Posted by Dustoff101 on :
Alright wallace, I will precise and to the point. I will stage my question with absalute claritys...I want to know if I paid to much for the shed??? And does U/C owe us for the fire wood he used whiel he lived in the shed planning this master stroke of a mining operation.
my spleeling is prefict
Posted by Wallace#1 on :
Well, Dusty, if UC valued that shed on the books the same reasonable way he valued the mining claims, I'm willing to bet the shed is worth about $4-$5 million....w/the duct tape adding a bit to the value as long as it doesn't dry out too quickly.
PS: About the firewood. Bet he shipped it to his new $5 mil home at shareholder expense. Ask Upside or Will if they saw a "Got CMKX" truck go by their places.
Posted by Wallace#1 on :
Have to go guys. My wife made fish tonight and I am not crazy about fish. She's on a diet and needs it. I'm going downstairs (on my motorized stair chair) for a grilled ham & chesse w/a chocolate milk shake.
Posted by Upside on :
Now that's my kind of eating! Ham & cheese and a shake. Can't be beat!
Posted by Ric on :
Well, it looks like we have cmkx part 2 coming. NSDM, so many similarities its scary. Besides there retail diamond sales, which are not diamonds they founds (a online Zales). Take that away and you will see CMKX II in play.
Filed form 15 in 2002 to stop reporting. Dilution to pay for exploratory drilling. Found kimberlites In Canada Partners not coming through so they need to raise capital (dilution) Picture with a small drill rig, a trailer, and transport truck Formally a catering company, lol well not cmkx style but.
Well, I already see koolaid drinking cmkxers jumping on board. No one learns a lesson anymore. How many times do you need to get burnt before you stop touching the fire?
Posted by Ric on :
Wife made me grill steaks and corn on cob outside on the barbi. lol
Posted by Ric on :
After reading more there online sales, they are not even there own diamonds. They are only marketing them. Someone seen the smell of easy money by UC and is seeing a gold mine, lol.
quote:Originally posted by Ric: Well, it looks like we have cmkx part 2 coming. NSDM, so many similarities its scary. Besides there retail diamond sales, which are not diamonds they founds (a online Zales). Take that away and you will see CMKX II in play.
Filed form 15 in 2002 to stop reporting. Dilution to pay for exploratory drilling. Found kimberlites In Canada Partners not coming through so they need to raise capital (dilution) Picture with a small drill rig, a trailer, and transport truck Formally a catering company, lol well not cmkx style but.
Well, I already see koolaid drinking cmkxers jumping on board. No one learns a lesson anymore. How many times do you need to get burnt before you stop touching the fire?
Posted by will on :
NSDM - Way too expensive for me, RicMan. Let me know when it gets to .0001.
Posted by Ric on :
Well, they only have right under a billion o/s right now. They haven't got enough suckers, I mean investors yet. You need a lot of koolaid drinkers to dilute to 703 billion o/s. But do we want to start taking bets when it will hit .0001 lol.
Posted by will on :
Let some of those scifi writers start doing their repukification theories, and you will see double naked shorted and cellar boxed........on and on and on!
Posted by Wallace#1 on :
Great sandwich and shake! I'd better clarify the following....otherwise in serious trouble: "She's on a diet and needs it." I meant she needs the fish mentioned because the diet calls for it.
Good night all.
Posted by will on :
Too late, man. I'm calling this weekend, and reclarifying your clarification to the former allusion you made. When I'm done explaining you're deadmeat, buddy. You may as well, find yourself another place to stay, shakeman.
quote:Originally posted by Wallace#1: Great sandwich and shake! I'd better clarify the following....otherwise in serious trouble: "She's on a diet and needs it." I meant she needs the fish mentioned because the diet calls for it.
Good night all.
Posted by Highwaychild on :
NSDM,is just another bottom play.They're all over the place.USCA was a bottom play a couple days ago.And I think ECPN will be here pretty soon.
Posted by Highwaychild on :
Keep an eye on SGGM too!
Posted by Dustoff101 on :
Will, did you notice the time of the refridgerater raid by the shakeman?...He must of diabolially waited for the very first sign of sleep. He probably suggested to her they turn in early...Then he made his tip toeing way along [[ the probably well sound proofed ]] upstairs flooring,to the recently well greased stair chair.
Then the deed was done, pilaging they're fridge.... Oh my God what a sight,sleeping cap on,over sized night robe,worn out slippers [ from the many midnight raids ]bent over with his head in the fridge....Stephen King movie would'nt be as frightening....Well, we have a long drive tonight, catch ya'll later.
Posted by bond006 on :
well we could always join frizell or what ever his name is for $25.00 i myself would rather put that 25 twards commisions to dump my cmkx shares
Posted by Wallace#1 on :
Dusty, you clown, at least you got some of it right: "worn out slippers". Cannot find all leather slippers anywhere....at least not the kind I like.
And Will, I am not the least bit worried. My wife thinks you are crazy anyway. She still remembers the night I was laughing myself to tears. Now, she just lets me put up with you, smiles and winks. Guess you know what that means. Straight jacket time....for you.
Posted by ed19363 on :
Try Indian moccasins...feel better than any slippers I've ever found.
Posted by dwman on :
quote:Originally posted by Dustoff101: He must of diabolially waited for the very first sign of sleep.
Darn you Dusty... gotta go to the dictionary again.
Posted by will on :
"My wife thinks you are crazy anyway."
"She still remembers the night I was laughing myself to tears."
Now wait a minute. You were the one laughing yourself silly, and she thinks I'm crazy? I think she knows who the crazy one is, she was just being generous to you, shakeman.
Posted by Ric on :
Looks like snow for the Nascar race tomorrow. Well Snow tonight but that should make for a good frozen butt on those aluminum bleachers tomorrow. Man it was a mess at the track today and a lot of pizzed off fans. Glad I know the back roads, lol.
Posted by Wallace#1 on :
quote:Originally posted by dwman:
quote:Originally posted by Dustoff101: He must of diabolially waited for the very first sign of sleep.
Darn you Dusty... gotta go to the dictionary again.
*************************************
No offense, Dusty, but you sure do butcher the words from time to time. LOL
Posted by Wallace#1 on :
Ric,
Think you were right on with the "blame game" comments.
Posted by legaleagle on :
massterblaster2u 02 Apr 2005, 04:32 PM EST Msg. 880971 of 881746 Jump to msg. # Bashers can't argue with facts....
CMKX - A sign at a race track now that proves we have diamonds. GET CMKX can't mean a promotion to sell more diluted shares.
Saskatchewan - Mineral Rights in Saskatchewan, that they never show up to, because they are to busy at the race track. And the fact Debeers didn't take the rights doesn't mean anything.
Ecuador and has been shipped to U.S. Canadian Minerals Inc.'s. Now how has that helped CMKX, lost divi's?? Oh well we have proof of this because why?
Joint Ventures. Didn't he forget to mention that most of these fell through but why concern yourself with the truth when your trying to prove your worth.
DD of what - maps of land where mineral rights are held that haven't been explored nor do they know if the land actually has any minerals on them even if they are able to get to them. You have to actually explore more then putting the drill in a hole once.
Calender - yea heres is real facts. Dates showing when the SEC is going to shut this puppy down.
Volume to prove dilution to 703 plus billion shares
PR's to fill the koolaid drinkers glass
Gallery - of houses that were bought with our money. Its nice to know we keep UC from being homeless.
Scam or bam - proof this is a scam
Posted by bill1352 on :
now wait one darn minute (darn? man i'm getting whimpy in my older age) first i'm a paid basher yet i never see 1 darn check. then i'm lowered to known basher now according to this i'm really a mm coming in here bashing??
=================================================
These bashers are paid by, or are guilty entities. Their job is to get you to sell your position or not buy anymore so the hole they have dug themselves by naked short selling doesn't get any deeper than it is already.
=================================================
now i'm pissed. if i'm a mm i am really missing out on a bunch of pay days & its tax time. cash is needed. on the good side i've never been call an entity before....lol
Posted by ed19363 on :
Regarding the gold mine. Funny, they say the first shipment has been sent to the USA. 1. How much? No answer. If its like the diamonds we found, its probably on the order of 1/3 of an ounce. 2. This PR is so old it should have been deleted months ago.
It is hilarious how the koolaid drinkers will jump on a PR that actually doesnt have any info in it. We shipped, ergo we are all rich. ROFLMAO Problem is, what was shipped was a truckload of dirt from central America, which MAY OR MAY NOT contain a gold nugget.
Posted by Dustoff101 on :
dwman...I am running out of material to work with here...Sorta like the CMKX PR machine.....Also ,,Wallace seems to losing steam lately...Could be he is getting all plugged up from all those Ham and cheese sandwhich's.
Posted by Dustoff101 on :
Could'nt resist, I just had to leave out the[ be ]
Posted by Wallace#1 on :
Dusty,
Obviously you proof read your post since you commented about the "be". Why not change it? Can understand that it might be too much trouble. But why the hell did you make sandwich possessive? LOL
PS: Unlike our mutual friend, dwman, I will try to refrain from doing the above again.
Posted by imakmony2005 on :
WHY???????? PLEASE HELP ME UNDERSTAND WHY THIS THREAD KEEPS GOING?? THANKS
Posted by Ric on :
To make people ask why. I thought we answered your question already a couple days ago.
Posted by Dustoff101 on :
Because it's here.
Posted by imakmony2005 on :
Thanks RIC, ric is this just like mlon?? B.S prs nothing real.
Posted by Ric on :
Yes, pretty much. But UC was better at it. HE used others. Flashes of diamonds and a funny car while selling shares for profit. And yes this is a fun thread.
Posted by bill1352 on :
i beg to differ there Ric...Mario at MLON was much better at pumping pr's. UC doesn't even come close. remember the offer for .05 mlon got which was the next day changed to .10? UC hasn't had such a stroke of genius only the cult has. now when it comes to flooding the market with shares UC is God. he may even be smarter then Mario in that he did the pumping at race tracks & not offical prs. both of course took the cash & are in the process of running. Mario of course has left it open for another run when memories fade. UC on the other hand will have to switch everything into another company to start the scam over.
Posted by Upside on :
Let's talk about food. In Wisconsin we have been blessed with a beautiful day. Getting ready to make some bbq ribs on the grill with twice baked potatos. Is there anything better?
Posted by legaleagle on :
quote:Originally posted by imakmony2005: WHY???????? PLEASE HELP ME UNDERSTAND WHY THIS THREAD KEEPS GOING?? THANKS
It's a story with many chapters untold.
Posted by superbroke on :
quote:Originally posted by Upside: Let's talk about food. In Wisconsin we have been blessed with a beautiful day. Getting ready to make some bbq ribs on the grill with twice baked potatos. Is there anything better?
Yes it is a beautiful day here in WI...Steaks on the bbq for the adults and brats for the kids.
Posted by Ric on :
Bill that why I said he used other. That way he could tell the FBI that he didn't say that. His cronies get to be the fall guys. Mario gets to be the liar for MLON. Sterling, Willy, Dr. D, Green Bar ron and others get to be the liars here. That is a piece of work to accomplish that.
Posted by Ric on :
Man, I just missed it glad I missed that madness. Ever try to beat 160 thousand people home. Race just over and 160,000 fans rushing to beat each other out of the track in a town only of 50,000. Nightmare
Posted by Upside on :
Ladies & Gentlemen, I am a cook. I wish I could describe the ribs my wife & I just had for dinner. We don't have them often as it's a two day process but man oh man were they good! I love to eat!
Dwman, while you're eating blackbird, could I have ribs instead of steak? I'll even make them and you just might get to try them after you finish your crow-ca-bob. Whaddya think?
Posted by dwman on :
quote:Originally posted by Dustoff101: dwman...I am running out of material to work with here...Sorta like the CMKX PR machine.....Also ,,Wallace seems to losing steam lately...Could be he is getting all plugged up from all those Ham and cheese sandwhich's.
Dusty!!! Stop that.
Posted by Wallace#1 on :
This is old news, but don't know if any of you saw the following put out by Our-Street.com:
The 2004 SCAMMY AWARDS To be awarded February 14th
Worst Overall Scam Global Materials & Services Inc - GMSV (formerly American Fire Retardant Corporation - AFRD) FREEDOM OF SPEECH IS DEAD Skyway Communications Holdings, Inc. - SWYC Newvisual Corp - NVEI CMKM Diamonds - CMKX (Pink Sheets) TRADING SUSPENDED BY SEC NanoSignal Corporation Inc - NNOS (Pink Sheets) Merck & Co, Inc
I am not bothered by posting news that's about a month old when I see the faithful posting news that is years old.
Posted by dwman on :
quote:Originally posted by Upside: Ladies & Gentlemen, I am a cook. I wish I could describe the ribs my wife & I just had for dinner. We don't have them often as it's a two day process but man oh man were they good! I love to eat!
Dwman, while you're eating blackbird, could I have ribs instead of steak? I'll even make them and you just might get to try them after you finish your crow-ca-bob. Whaddya think?
Upside... I'll be happy to serve you a big plate of crow ribs. Very good with Masterpiece bbq sauce.
Posted by dwman on :
quote:Originally posted by Upside: Ladies & Gentlemen, I am a cook. I wish I could describe the ribs my wife & I just had for dinner. We don't have them often as it's a two day process but man oh man were they good! I love to eat!
Dwman, while you're eating blackbird, could I have ribs instead of steak? I'll even make them and you just might get to try them after you finish your crow-ca-bob. Whaddya think?
Upside... I'll be happy to serve you a big plate of crow ribs. Very good with Masterpiece bbq sauce.
Posted by dwman on :
quote:Originally posted by Upside: Ladies & Gentlemen, I am a cook. I wish I could describe the ribs my wife & I just had for dinner. We don't have them often as it's a two day process but man oh man were they good! I love to eat!
Dwman, while you're eating blackbird, could I have ribs instead of steak? I'll even make them and you just might get to try them after you finish your crow-ca-bob. Whaddya think?
Upside, I'll be delighted to serve you a big plate of crow ribs. They are great with Masterpiece BBQ sauce.
Posted by Wallace#1 on :
dwman,
Are you OK? Getting a bit redundant, don't you think? LOL
Posted by Ric on :
Freedom of speech isn't dead. President Bush allowed protesters to stand a block away during his speeches.
quote:Originally posted by Wallace#1: This is old news, but don't know if any of you saw the following put out by Our-Street.com:
The 2004 SCAMMY AWARDS To be awarded February 14th
Worst Overall Scam Global Materials & Services Inc - GMSV (formerly American Fire Retardant Corporation - AFRD) FREEDOM OF SPEECH IS DEAD Skyway Communications Holdings, Inc. - SWYC Newvisual Corp - NVEI CMKM Diamonds - CMKX (Pink Sheets) TRADING SUSPENDED BY SEC NanoSignal Corporation Inc - NNOS (Pink Sheets) Merck & Co, Inc
I am not bothered by posting news that's about a month old when I see the faithful posting news that is years old.
Posted by Wallace#1 on :
For the faithful who might object to the above "SCAM" related post, that guy got into trouble with the SEC and apparently he has been admonished and maybe fined. The best part though, is that he claims to be a minister. Therefore, you should believe every last word he states.
PS: According to him:
"I have been an ordained Christian minister since 1970 and the book is spiritual in nature."
Posted by will on :
I met a guy that supports CMKX at the Chicago races last fall with joey and Upside. He said he was a SELFordained minister. .....and told me CMKX had the goods! I believe him.
Posted by Upside on :
I remember him Will. That was a guy who goes by the name of Elcamino. He now runs his own CMKX pumping site called Zooming stocks.
Dwman, have you developed a stutter?
Posted by Wallace#1 on :
Hell then, Will, he must have been right too! Nothing like having someone powerful in your CV or back pocket.
Posted by Wallace#1 on :
Up, I think dwman is too old to have anything else cause his hand to bounce three times. LOL
Posted by Upside on :
Parkinsons maybe?
Posted by Wallace#1 on :
Gosh, you're right! With my twisted mind, I never thought of that.
Been a long day for me, so good night all.
Posted by Dustoff101 on :
Originally posted by Dustoff101: dwman...I am running out of material to work with here...Sorta like the CMKX PR machine.....Also ,,Wallace seems to losing steam lately...Could be he is getting all plugged up from all those Ham and cheese sandwhich's. --------------------------------------------------------------------------------
Dusty!!! Stop that. Originally posted by Dustoff101: dwman...I am running out of material to work with here...Sorta like the CMKX PR machine.....Also ,,Wallace seems to losing steam lately...Could be he is getting all plugged up from all those Ham and cheese sandwhich's. --------------------------------------------------------------------------------
Dusty!!! Stop that. Originally posted by Dustoff101: dwman...I am running out of material to work with here...Sorta like the CMKX PR machine.....Also ,,Wallace seems to losing steam lately...Could be he is getting all plugged up from all those Ham and cheese sandwhich's. --------------------------------------------------------------------------------
Dusty!!! Stop that. Originally posted by Dustoff101: dwman...I am running out of material to work with here...Sorta like the CMKX PR machine.....Also ,,Wallace seems to losing steam lately...Could be he is getting all plugged up from all those Ham and cheese sandwhich's. --------------------------------------------------------------------------------
Dusty!!! Stop that. Originally posted by Dustoff101: dwman...I am running out of material to work with here...Sorta like the CMKX PR machine.....Also ,,Wallace seems to losing steam lately...Could be he is getting all plugged up from all those Ham and cheese sandwhich's. --------------------------------------------------------------------------------
Dusty!!! Stop that. Originally posted by Dustoff101: dwman...I am running out of material to work with here...Sorta like the CMKX PR machine.....Also ,,Wallace seems to losing steam lately...Could be he is getting all plugged up from all those Ham and cheese sandwhich's. --------------------------------------------------------------------------------
Dusty!!! Stop that. Originally posted by Dustoff101: dwman...I am running out of material to work with here...Sorta like the CMKX PR machine.....Also ,,Wallace seems to losing steam lately...Could be he is getting all plugged up from all those Ham and cheese sandwhich's. --------------------------------------------------------------------------------
Dusty!!! Stop that.
dwman....is that possessive 's on sandwich driving ya nut's...
Posted by Dustoff101 on :
Whooopps...I studdered.....Cant cut and paste well either...
Posted by Ric on :
I thought this was interesting that someone on another board posted. With all these stupid buyout theories out there, they seem to forget it has to go through the SEC and read below. They would have to file 10 days in advance when buying more then 5%.
--------------------------------------------
Investopedia Says: One example of an activity that falls within the SEC's domain: if someone purchases more than 5% of a company's equity, they must report to the SEC within 10 days of the purchase because of the takeover threats it may cause. Posted by dwman on :
quote:Originally posted by Wallace#1: dwman,
Are you OK? Getting a bit redundant, don't you think? LOL
Wallace, doesn't that come with age? LOL
Actually, my PC kept hanging up and I was not sure my post went out so I sent twice more. lol I guess it went out.
Posted by dwman on :
quote:Originally posted by Upside: I remember him Will. That was a guy who goes by the name of Elcamino. He now runs his own CMKX pumping site called Zooming stocks.
Dwman, have you developed a stutter?
Na na na no. I ha ha have na na not.
Posted by Dustoff101 on :
dwman...I have been informed by my wife that I must stop picking on you and wallace...She thinks I have made you studder and wallace to over eat...
She also said that if I persist [[ quote ]] the kind old gentlemen will squash me like an ant...
Posted by Wallace#1 on :
I knew I'd finally get through to someone on this thread. Kindness does become me, doesn't it? LOL
Geezzz! I had a hard time finding this thread. Never thought that would happen!
Dwman, I'll bet your wife was impressed with your "studder"!!!! LMAO! Just couldn't resist. Too perfect a straight line.
Dusty, I gave you a 5 Star some time ago. I am truly happy I did so.
[ April 04, 2005, 20:46: Message edited by: Wallace#1 ]
Posted by Upside on :
Does anyone know if it's true that with Ameritrade Apex they don't charge for certs?
Posted by Wallace#1 on :
Up, I don't know. Never used Ameritrade. Have you looked it up on their site?
Posted by bill1352 on :
just stoppin in to say howdy & attempt to earn back paid basher statues...CMKX is a scam & UC a crook..lol
Posted by Upside on :
No I haven't Wallace. Just thought I read it somewhere. I'm gonna check it out though. If this does go down in history as the biggest scam ever, they just might be worth something someday.
Bill, that's weak. You've gotta get those creative juices flowing again and come up with something better than that. We need some more of those three paragraph litanies of yours.
Posted by Wallace#1 on :
Bill, you forgot the QUACK!!! QUACK!!! QUACK!!! LOL
Posted by Upside on :
That always helps.
Posted by joeyisthebest on :
cmkx to das moon
Posted by joeyisthebest on :
lol I remember the times anyone able to get out
Posted by bill1352 on :
ok 24 is over but i need inspiration...lol where is the cult when ya need them. here i am a lowly volunteer basher trying to get my paid basher gig back & no new info to use. maybe i should start up my aged opium found in the woods theory again. as wallace said the cult love yr or 2 old prs....lol
Posted by Highwaychild on :
Bill, I'm not even sure if the "cult" are buying any more of this right now.Looks like a sell off,but if there's a sell off, there must be a buy on.LOL
Posted by bill1352 on :
well since this is the supposed naked short king ya might want to check this pr from USXP today. if CMKX really was naked shorted to the point the cult believes this is how real companies deal with it. you'd think they spent enough on lawyers to have done so.
bill1352..Just go back and look at the PR pictures, there is still plenty of material left in there....Remember U/C's genius partner and the pizza....I still have my shed but I am saving it as a dividend.
Posted by bill1352 on :
dusty ya need to put it on ebay & post a link on the cult boards. i'm bettin ya'd get closer to being rich from that then say 10 million shares. just watch what type of payment they offer. no unreported stock swaps allowed...lol
Posted by Wallace#1 on :
Dusty,
Which genius partner was that? And what about the pizza? My memory must be shot! Please enlighten me.
Posted by Dustoff101 on :
Wallace...I have been told by my wife not to pick on your nocturnal feeding habits or the status of your mental comprehension and memory....Soooo way back there in the threads there is a picture of a really strange looking dude holding a pizza, in his pizza joint. Might be Melvin....This thread has begun to destroy my mind, so I will be catching up with the rest of you soon!
Posted by George on :
quote:Originally posted by Dustoff101: Wallace...I have been told by my wife not to pick on your nocturnal feeding habits or the status of your mental comprehension and memory....Soooo way back there in the threads there is a picture of a really strange looking dude holding a pizza, in his pizza joint. Might be Melvin....This thread has begun to destroy my mind, so I will be catching up with the rest of you soon!
Dust you still counting your pennys on the cmkx thread? We need you on the GTEL thread not here wasting time.... see ya tomorrow I need sleep too.
Posted by legaleagle on :
quote:Originally posted by Upside: Does anyone know if it's true that with Ameritrade Apex they don't charge for certs?
You are right Up, with Apex there is no charge, just ordered some more on the 25th and verified that there was no charge. Apex is pretty cool. Too bad Ameritrade won't let me buy anymore shares.
Posted by Ric on :
I heard E-trade joined in with no buys. So its Ameritrade, E-Trade, Scottrade, and I heard there was one more major one but forget the name D something. But I think you will be happy in the end that Ameritrade won't allow you to buy more shares.
Posted by Upside on :
originally posted by legaleagle:
quote:You are right Up, with Apex there is no charge
I wonder what their reactions going to be when I order 4 million 1 share certs though?
Posted by Ric on :
They will tell you to go out and buy your toilet paper
Posted by Upside on :
Think about it though. If for nostalgic reasons you could sell them for a penny apiece on ebay, well, mission accomplished.
Posted by Wallace#1 on :
quote:Originally posted by Upside: Think about it though. If for nostalgic reasons you could sell them for a penny apiece on ebay, well, mission accomplished.
Great idea, Up, but it won't work. The TA will lump all the shs into one cert.
Posted by WinsumLosesum on :
Speaking of eBay...
I wonder how much a mere COPY of a CMKX certificate would be worth...
Guys I think that its time for a new thread, call it whatever you want just not profitable Posted by bill1352 on :
doc, i think SEC halt says it all...lol
Posted by Upside on :
I actually called Ameritrade. They told me there was no way they would send me 4 million certs. The guy jokingly asked me why I would want them in one share increments and damn near died laughing when I told him my plan to get .01 per share one way or the other.
Posted by bill1352 on :
up...ya might just ask for the 1 big cert & stash it. if this keeps heading the way it has been you might get more then .0001 per share as a collectors item anyway. the biggest scam to ever hit the market. you know the cult wont sell theirs. it will take yrs for the truth to sink in. maybe by 2010 they will realize cmkx is gone & so is "the stoooock plaaaay of a lifetime" (needs to be said with an ecko)
Posted by Doctoall on :
I want my cert so that I can frame it with the caption "Scam Of The Century" and hang it on the bathroom wall just over the toilet.
Posted by Upside on :
They'd be good dartboard covers too. Hitting a diamond would be the equivalent of a bullseye and so on.
Posted by Wallace#1 on :
Now you guys are talking $$$$$s. GOT CMKX? BUY CMKX!!!! LOL
Posted by superbroke on :
Even better, using them for targets at your local carnival.
Posted by Wallace#1 on :
Up, just thought of something. If you had a will with exactly 1 mil beneficiaries and just 1 mil shs, I wonder if they would be required to supply indiv certs from a legal point of view. Check it out and see what you can do for all of us, huh? Probably take you some time to name 1 mil beneficiaries, but since you are still young, you could probably do it. Don't name me. I'll be long gone by the time you write out the list. LOL Guess that guy dwman will still be around kicking up "Dust".
PS One problem. They might all say "Upside" instead of "Downside".
Posted by Upside on :
Maybe I could just call them and request one cert a day for the next 4 million days. No, that wouldn't work, I'd have to live to be as old as Dwman to get them all.
Posted by wnycowboy on :
Looking at today's chart on yahoo it looks like a trade went through about 10:45 for 400+ million at .0002. Was it a sell or a buy? If a sell then how did they get so lucky??? If not, what the heck are they thinking.... IMHO, Cowboy
Posted by andrewAAB on :
I am in at .0002 for 50 million! $10k baby! This is gonna be huge!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!
Posted by Dustoff101 on :
Xmas gifts for people you don't like???
Posted by andrewAAB on :
LOL yeah.... Its like giving them nothing, but they don't know that!~ I mean if someone really wants to spend any money on this stock they should just give it to me. I will take the money and kick them in the nuts... I think thats a better deal!
Posted by Dustoff101 on :
andrewAAB.....apparently you are not among the faithful...Pumper HQ's is'nt going to like you..
Posted by andrewAAB on :
LOL I like that.... Pumper's HeadQuaters! LOL I know a lot of ppl from these boards that belong to that club!
Posted by Dustoff101 on :
Watch out for tmoble, it got into the PM'S.
Posted by andrewAAB on :
lol
Posted by bill1352 on :
there are 3 types of cmkx'ers...a)those still on drugs & believe they will be rich, b)those that have been through rehab (actually read the prs) & are now clean & c)those that never thought cmkx was worth shoe scrapings in the first place. here at allstocks we are lucky enough to have all 3 types plus a few on the fence of (a) & (b). now if only we could covert the few in (a) & those on the fence we could have the worlds first all cmkx basher thread. Bob, i think it might be a great marketing tool for allstocks. it would be great we could have links to close-ups of dusty's shed, upside's certs, pics of the duct tape, maybe get a few pics of someone filling the 2" holes up. pics of the cars when they blow a tire or smoke an engine block. a couple of the fat toothless guy at the races could be our poster with a red lined out circle over him & use the now famous Got CMKX under his pic. why when the whole thing has the final melt down we might even make it in a news story somewhere as the only smart cmkx cult.....then again we could just keep dooing as we are since cmkx isn't worth that much work...lol
Posted by Ric on :
I think most on Ebay make money on shipping and handling anyway. penny a piece and a dollar shipping and handling after postage and envelope you could get .50 a shares, lol.
quote:Originally posted by Upside: Think about it though. If for nostalgic reasons you could sell them for a penny apiece on ebay, well, mission accomplished.
Posted by Upside on :
Nah, I'd be fair with the postage, just charge the actual amount. One penny per, that's all I want. Although that's 4 million Paypal transactions to keep track of. Man, I'm going to need an accountant. Heck with it, I'm going back to my original Casavant Wipes idea.
Posted by imakmony2005 on :
dustoff101 whats up with tmoble they he her sent me a pm about some chat group??? thanks
Posted by Dustoff101 on :
imakmony.....I deleted the thing. I would'nt open it....Who knows might be U/C trying to give us cool aid or a deal on a new shed.
He might have some screwball ebay deal as well.
I think he might be after WALLACE I hope wallace still has his hearing so he can hear that bulldozer coming.
I am not worried about dwman he would have U/C pleading for mercy...Dwman would correct his grammer till the poor man needed a straight jacket.
Posted by Wallace#1 on :
Forget it! I already bought all the diamonds he has mined. All crap, substandard. Told me they were worth billions$
Careful, dusty, dwman's pretty good with spelling too!
Posted by Dustoff101 on :
QUOTE by Wallace [ Forget it! I already bought all the diamonds he has mined. ]
OK shakeman what did you do with the diamond that got stuck in the 2inch pipe!!!All this time you have been bashing you have been secretly buying all the diamonds. What a guy...
Posted by Dustoff101 on :
Now we finally know the truth ,Wallace did it.
Posted by Wallace#1 on :
Wassamadderwiya, Dusty, I never saw the one in the pipe! That just might have been the biggie! On second thought, it was probably too small to bother with.
Posted by Wallace#1 on :
quote:Originally posted by Dustoff101: Now we finally know the truth ,Wallace did it.
Story of my life! Good night! Give Scarlett a kiss for me.
Posted by legaleagle on :
STOCKGATE TODAY An online newspaper reporting the issues of Securities Fraud
SEC Admits to Fraud and Enacts Scheme to Cover-Up – March 30, 2005
David Patch
In the April 2005 publication of Euromoney, the Magazine places it focus squarely on the issue of naked shorting. In three separate articles, European authors Helen Avery and Peter Koh attempt to dig into the US Financial Market scandal to uncover what “Stockgate” is truly about. Their efforts only raise greater doubts about the SEC’s objectivity to this issue.
Case in point.
In June 2004 when the SEC released Regulation SHO they imposed a clause that seemed bizarre. They put a clause in the language that ultimately “grandfathered” all prior open fails from mandatory closeout provisions. If the fails represented illegal trading that was not to be corrected by this reform.
Questioned about this clause by the authors, SEC Asst. Director of Market Regulation James Brigagliano had this to say, “We were concerned about generating volatility where there were large pre-existing open positions, and we wanted to start afresh with new regulation, not re-write history”
Lets analyze this statement.
Since the inception of SHO in January, many stocks have seen huge volatility unseen prior to January 7, 2005 when the first threshold lists were released. Unlike volatility created due to upward buying pressures we have seen volatility swings of 20% or more in “bear raid” like selling tactics. So while upside volatility and short selling profitability has been protected, longs shareholders continue to be abused by the manipulation that has abused them in the past. I guess the SEC underestimated the integrity of the markets. The volatility we see on these stocks, unparallel to the rest of the markets, should certainly be cause for concern.
Mr. Brigagliano also references the existence of “large pre-existing open positions”. I gather Mr. Brigagliano, speaking for the SEC, never considered that those large open positions might be impacting the markets in these stocks? How exactly a large open position is created and how it may not be good for the markets appears to be puzzling to the Asst. Director. Ironically, the Securities Act of 1934 states unequivocally that settlement fails are in fact harmful to the markets and investors. I would almost suggest the Division of Market Regulation may benefit from taking a day and reading the Securities Act once again.
What also must be considered regarding Regulation SHO is that the SEC allowed six months for the industry to prepare for the compliance to the new rules. Rules by the way that mimicked pre-existing SRO rules in place. So I guess the statement of “start fresh” by Mr. Brigagliano meant with respect to recording failures since the rules themselves are actually old. Logically, if these fails were legitimate in the first place six months would be more than ample time to cover the large open positions in these securities. Any that exists after the six months are problem trades that need immediate attention, as there are no legal grounds for fails to persist for six months. Not even with exemptions.
The Congressional agenda of the SEC is to protect all investors. Instead of Investor protection the SEC pardoned the open positions from being closed any time soon. They must have some VERY LARGE open positions to justify such a policy as it goes against every theory of investor protection according to the Securities Act of 1934 (Section 17A).
Mr. Brigagliano followed up his justifications by saying "When you look at some of the complaints from issuers, you have to ask yourself is naked shorting really the problem here? Some of these companies have had serious financial and regulatory issues that may have been the cause for their stock price falling."
Unfortunately this tact of “blame the issuer” only works if there is no large open position on the issuer’s stock. It is an easy out for the SEC to look at a company’s financials and justify a stock valuation because of it. Unfortunately it is not the SEC’s role to review a company’s financials; their role is to make sure the trading on the security has taken place in a legal manner. If there are large open positions, regardless of the financial qualifications of the issuer, the fails must be evaluated for manipulation. Manipulating a financially troubled company is no more legal than manipulating General Electric I don’t think. Maybe I should quiz Mr. Brigagliano on this. I am sure he has a rational justification to pull out of the SEC Q & A handbook. Ultimately the markets are what will dictate stock valuations assuming the markets are traded fairly.
Again, case in point.
In September of 2004 Mr. Brigagliano directed a response to an inquiry by Senator Paul Sarbanes about possible naked shorting abuses. The Senator was specific in his request to the SEC even providing e-mail evidence by Broker/Dealers and the Canadian Depository discussing their inability to settle the trades of a particular “complaining issuer”.
The response from Mr. Brigagliano was simple. The April 2003 Broker/Dealer e-mail acknowledgements of large open positions were to be attributed to a June 2004 corporate action taken by the company. No my dates are not messed up, Mr. Brigagliano tried to blame the fails on a corporate action that happened 14 months after the e-mails were written.
The SEC never did officially review the cause for the fails as they continue placing all the blame on the issuer. As for those fails, they were acknowledged to be real by the Wall Street firms themselves. Those were the “Red Flag” e-mails the SEC promised not to ignore in prior Senate Hearings. Apparently Mr. Brigagliano was sleeping in his office during those hearings and missed the Chairman’s promises not to ignore them again.
So let’s take Mr. Brigagliano to task even further, as he apparently wants to represent the SEC’s position here.
In a December 13, 2004 Bear Stearns Conference Call the General Counsel had this to say about Regulation SHO.
“To give you that brief introduction in Reg SHO, the history how we got to where we are today. For the past several years we have been hearing from many different regulators regarding their concerns about the increase in the level of fails that they are seeing. They believe, and they have stated on numerous occasions, that one of the primary causes of the high level of fails was that various participants in the short sale process, prime brokers, executing brokers, clients, were not following already established rules.”
By this statement the SEC has not only been aware that the large open positions have existed for years, they acknowledge that these large open positions were conducted under trading practices that were not in sync with established laws. Regulators were so brash as to tell firms they were in violation yet did nothing about it.
By protecting these large open positions with Regulation SHO the SEC was in fact protecting the fraudulent actions of the markets. How exactly do the regulators expect credibility over those they regulate if they acknowledge securities fraud yet take no action? Are these the open positions James Brigagliano was defending?
Finally, before I let Mr. Brigagliano off the hook we can review a report that came out of a visiting economic scholar at the SEC. The report by visiting University of New Mexico Professor Leslie Boni was referenced as a key document used in the determination of Regulation SHO guidelines. The report by the professor claims that the large open positions are in fact Strategic Fails created by Wall Street for economic purposes. When compliance ran up against margins, margins won and the professor laid it all out for the SEC.
The SEC conducts their own study, determines one of the causes for the fails in the system are financially driven to benefit Wall Street Institutions and the SEC elects to protect these fails. Are these the actions of an Agency looking out for the best interests of the investor? Volatility in forcing an Industry correction to be in compliance would be a bad thing Jimmie?
Okay, so enough with Mr. Brigagliano and his ill-equipped comments. Let’s step over to another SEC Market Regulation Attorney and see how we can analyze her comments.
Again in one of the three Euromoney articles released, the issue as to why the SEC does not publish the fail positions in the reported threshold companies was asked of the SEC. In response, “Susan Petersen, a special counsel in the SEC's division of market regulation, says that it does not make public the exact amount of fails-to-deliver, as it would potentially have negative effects on investors and broker/dealers by revealing trading strategies.”
Ms. Petersen clearly appears confused over who it is the agency is supposed to protect. Investors and Broker/Dealers have no rights to trading strategies if they are the ones generating the excessive fails. To generate a fail means you are not trading real shares and thus trading counterfeit stocks. The only possible trading strategy in this case would be to manipulate the stock with excess supply beyond reasonable and legal means. Is that the strategy the SEC is protecting?
For the record, market makers are given an exemption to conduct bona fide market making but if they are the ones generating “large open positions” I would beg to differ on this being bona fide market making strategies. These exemptions provided to market makers are intended to be short term and to knock down the stock volatility created due to sudden spikes in liquidity. For their positions to grow to the point of large open positions and extended for large durations of time would mean that temporary volatility is no longer the trading strategy of the investing public. If there is that much buying volume that requires large amounts of naked shorting to diffuse growth, the demand is dictating a new stock valuation level is required and does not require excessive market making corrections.
It is clear by the comments of Ms. Petersen that the negative effects of the long investors are not the primary concern of the SEC. The SEC is more concerned about the protection of those market participants that have created this alternate market by trading counterfeit securities to manipulate valuations. Dare I say – Hedge Funds? Who else has enough financial leverage in the markets and political leverage in Washington to trade counterfeit shares in excessive of what exists and is available and never be forced to deliver?
To review the actions of the SEC with regards to naked shorting, the SEC has done the equivalent of erasing the past of all research analysts’ conflicts, all past mutual fund late trading activities, and all prior IPO allocations issues. On those acts of fraud the SEC did not grandfather in the past and start fresh as Mr. Brigagliano put it, they fined Wall Street tens of billions of dollars. They did so because it was right even if it was only a fraction of what was lost. In this case the stakes are higher, premiums will be paid and investor losses would be restored. Not at a fraction of the cost but at full value. The SEC is afraid of imposing such penalties upon Wall Street and thus grandfathered in their fraud.
The ultimate question at the end of the day is simple. What was the SEC thinking in trying to cover-up the fraud of illegal and abusive naked shorting? They have admitted it exists with every reference made to large open positions. With decades of complaints, an environment of public distrust, and dozens of present state and federal lawsuits pending did the SEC really think the data would never be disclosed? The arrogance exposed by these SEC officials in the Euromoney articles continues to highlight the denial the SEC is in. They really still hold down the belief that Wall Street will monitor and correct itself.
Guess again.
For a full expose on the illegal practice watch NBC’s Dateline Sunday April 10, 2005 @ 7:00 EST. Decide for yourself what side of the fence the SEC calls their home.
Posted by legaleagle on :
jcline 05 Apr 2005, 11:38 PM EDT Msg. 189643 of 189668 Jump to msg. # Open Letter to Depository Trust and Clearing Corporation First Deputy General Counsel Larry Thompson on the Largest Breach of Public Trust in History
PLANTATION, FLORIDA, April 5, 2005, /PRNewswire-FirstCall/ -- Eagletech Communications Inc. (OTCPK: EATC), today released its response to the Depository Trust and Clearing Corporation First Deputy General Counsel Larry Thompson’s recent postings at http://www.dtcc.com/ seeking to mislead the public about the DTCC’s role in the largest breach of public trust in history.
Dear Mr. Thompson:
I wish to remind you that on March 4, 2005 Eagletech Communications, Inc.’s Attorneys announced the ruling of the Supreme Court of the State of New York, wherein the DTCC was compelled to produce the Company’s trading records
Today, more than one month later, the records have not been forthcoming as ordered by the court. Instead, as First Deputy General Counsel for the DTCC, I believe you have undertaken a campaign to disseminate misinformation, lies, and half-truths when confronted with facts made public by your detractors.
On March 5, 2005 one day after the announcement of the aforementioned court ruling, your interview @dtcc.com, entitled “Naked Short Selling and the Stock Borrow Program”, stated: “One of these companies has been cited for failing to file financial statements since 2001.” Congratulations! You did get one right. On February 15, 2005, the Securities and Exchange Commission deemed it necessary for the protection of investors to institute proceedings pursuant to Section 12(j) of the Securities Exchange Act of 1934 In the Matter of Eagletech Communications, Inc., Respondent.
On the same day The SEC also filed an Enforcement Action against 17 Defendants, all associated with the Company’s first Investment Banking firm, for manipulation of the Company’s stock. Also on that day, a New Jersey Grand Jury unsealed an Indictment charging 4 of the 17 with criminal charges. I was not surprised since the evidence used by the SEC and the Justice Department in both investigations was obtained from discovery in the Company’s 2001 civil lawsuit against several of the same perpetrators. The evidence was obtained from defendants residing in the Bahamas, outside both of the agencies’ jurisdictions. Plaintiff’s Attorneys shared the discovery evidence freely with the investigative agencies.
What was surprising was that the Company’s three official complaints of naked short selling, counterfeiting of the Company’s stock, and other criminal misconduct made in 2002 to the SEC were to my knowledge ignored. The first complaint to the SEC transmitted the Company’s civil lawsuit alleging that 5 of the managing directors of Salomon Smith Barney along with other SSB employees worked in concert with criminal securities manipulators.
Three years of evidence gathering implicates now convicted securities manipulator Anthony Elgindy, his associate Peter Michaelson, members of organized crime, manipulator Jonathan Curshen, his Offshore Management Company Red Sea Management, Market Makers WIEN Securities, Knight Securities, and scores of Wall Street professionals. Additional evidence obtained from the SEC’s own website contributes to the description of a scheme to destroy the value of the Company’s stock and ultimately the Company for the profit of the perpetrators. A second complaint to the SEC resulted in the presentation of pattern of evidence of naked short selling and counterfeiting of securities in 200 companies, to SEC Enforcement Attorney Justin Arnold at a meeting in the SEC’s Miami office. The third complaint submitted by U.S. Congressman Peter Deutsch on the Company’s behalf received no acknowledgement from the SEC at all.
Mr. Thompson, in your interview you state (referring to Eagletech): “Frankly we believe that the allegations are an attempt to purposely mislead those who are not familiar with this program.” Consider this. Forensic Economist and Professor of Finance at Fordham University Graduate School of Business, John D. Finnerty after four years of research in March 2005 released what will likely become the definitive work on this subject for Juries across America. In his 73 page Treatise entitled, Short Selling, Death Spiral Convertibles, and the Profitability of Stock Manipulation, Professor Finnerty on page 37 has this to say about the Stock Borrow program:
“…The stock borrow program can facilitate naked shorting in two ways. First, sellers can continue to fail to deliver because the NSCC can borrow the shares it needs to meet its clearing obligations through the stock borrow program. It does not have to force the seller who fails to deliver to buy in shares, nor does it have to go into the market to buy in the shares. It simply borrows them from another member firm to effect the buy-in. Since the NSCC covers the short position, the buyer of the stock also never has to buy them in. Second, the stock borrow program allows the shares to be recycled. Each stock loan gives rise to another stock futures contract. Any single share could actually be relent multiple times, giving rise to multiple futures contracts. Each futures contract credited to a broker-dealer’s sub-account at the DTC continues to be reported on the broker-dealer’s books as a share held either in its proprietary account or in a customer account. In either case, the account holder believes he owns a real share with all the rights attached to it. Consequently, the stock borrow program effectively creates additional unauthorized shares of the issuer’s stock. These undated stock futures contracts, which the financial press has referred to as phantom shares, inflate the amount of stock that is available for trading and also increase the amount of stock that is available for lending to short sellers…” The entire text is available for download at: http://papers.ssrn.com/abstract=687282.
Mr. Thompson maybe you don’t realize that just as it is against the law to counterfeit United States currency it is also a Class B Federal felony punishable by up to 25 years in prison to create counterfeit corporate securities. The law makes no distinction between the counterfeiting of a development stage startup public company and for example, Microsoft Corporation. By the way, while listed on the “Pink Sheets” in 1975 Microsoft reported three employees and income of $16,000 for the period. Lucky for Microsoft that the Stock Borrow program wasn’t created until 1981! Lucky for me, I could be typing this letter on a typewriter! I’ve included this link to United States Code, Title 18, Chapter 25, Section 514, also refer to Section 513 for definitions: http://caselaw.lp.findlaw.com/casecode/uscodes/18/parts/i/chapters/25/toc.html.
Eagletech Communications, Inc. representing itself Pro Se has answered the charges of the SEC with the Affirmative Defense that grandfathering all pre-Regulation SHO delivery failures and that seeking to de-register the Company’s stock in order to protect future shareholders is a subterfuge to misrepresent its real intentions. In my opinion this action against the Company is designed to conceal its own culpability in, using the SEC’s own words, “delivery failures greater than a company’s total public float.” De-registration of the Company’s shares stands to reward manipulators just as a bankruptcy would, since the manipulators would never have to purchase the stock to close out delivery failures still on the DTCC’s books. In my opinion the SEC’s decision to grandfather known criminal securities manipulation has violated the Constitutional 5th Amendment rights of Eagletech shareholders by an inverse taking of their property without due process and without compensation.
In a motion to SEC Administrative Law Judge William T. Kelley filed on March 22, 2005, I have asked that the approximately 100 pages of evidence of criminals in the act of manipulating the Company’s stock filed with the Company’s answer, and by reference Eagletech’s trading records ordered to be produced by the DTCC, be referred to the U.S. Secret Service, the U.S. Justice department and as 18-USC-514 states “any other such agency having such authority.
Since the DTCC is incorporated as a State of New York Special Purpose Trust Banking Organization I believe Elliot Spitzer, New York’s Attorney General, would have that authority. It would also appear that the SEC’s Congressional Oversight Committees, the Senate Banking Committee and the House Financial Services Committee would have such authority to investigate these crimes. Since viewing Senator Robert Bennett’s impassioned admonition to SEC Chairman William Donaldson in a Senate Banking Committee hearing that “Regulation SHO in not working” I have hope that other members of the SEC’s Oversight Committees can be convinced to take a serious look at this issue.
For your convenience I have included a link to the video record of the hearing: After installing Real Player navigate to 1:19:30 for video of the Senators admonishment,
The appropriate response to this letter would be with facts not rhetoric. In the @dtcc interview you ask yourself the question “does the Stock Borrow program counterfeit shares?” Only by producing Eagletech’s court ordered trading records will the real answer be known!
In addition, would you please include with any response to this letter, (1) your Bar number and (2) the State in which you are admitted to practice law. And just so there is no confusion about the authenticity of my allegations I will be posting the evidence of the alleged criminal misconduct on the Company’s website at http://www.eagletech1.com/.
Sincerely,
Rodney E. Young
Eagletech Communications, Inc.
Founder, President, CEO, and Sole Protector of Existing Shareholder Property Rights!
This press release may contain forward-looking statements. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, governmental regulation, competition, and other material risks.
Posted by ed19363 on :
IMO, if all this comes to be true, Wall Street is run by a bunch of crooks. Not that this surprises me, but there is a possibility of another stock market crash. If these people dont fix the problem, the entire body of investors will lose faith in the whole idea, and shut it down by withdrawing all their funds from the market. This whole thing gives me a very bad feeling.
Posted by wnycowboy on :
Question - If the current (Yahoo) day’s range for CMKX is 0.0001 - 0.0001, and there is 112,634,789 in volume then was it all sells at .0001 and buys at .0001? If that's the case then the only one that is making money is the brokerage account for there processing fee? Still waiting for my early Xmas present for a sell at .0002. In not, I should get the certs printed they may be cheaper than TP... IMHO. Cowboy...
Posted by ed19363 on :
You can sell all you want at .00005.....
Posted by Ric on :
Streamers only show bid/ask in the 4th digit. But MM's actually trade in the 5th digit. So when you see .0001/.0001 it probably more like .00005/.0001 maybe. Also just because it shows .0001/.0002 the trades still actually could be .00007/.00015 and rounded off.
Posted by George on :
This thread is funny as hell. You guys had me rolflmao....keep up the good work of making fun because thats all this will ever make.
Posted by bill1352 on :
george ..didn't you know?? this is the cmkx pro basher board...well all except me & legel. legel is the residenant cult member & i just volenteer my time.
Posted by ed19363 on :
I see we filed another 8-K today. Everyone should check it out...it's chock full of information !!!! Next best thing to a PR.... Ummmm....IMO
Posted by bill1352 on :
it was a pr ed..lol word for word the last pr. sure glad they are so intent on informing shareholders imagine how little we would know if they wanted to hide stuff.
Posted by Dustoff101 on :
bill1352....Volenteer ? your goin to draws in a lowko leapards.
Posted by bill1352 on :
f'em if they don't like my spelling...lol
ok this has to be the most foolish pr crap ever. from zoomingstocks today. questions about cmkx emailed in ------------------------------------------------
Are the CMKX Owners making money and doing well?
That is doubtful. The CMKX Management is expending monies for drilling operations, attorneys, the CMKXtreme Machine and other racing ventures. Based on common knowledge and the things we know about CMKX there is no revenue stream coming into the company. They have a high monthly burn-rate because of ongoing activities and no money coming in that has been reported. They have yet to issue any reports about the sale of property, diamonds or anything. Therefore, it is difficult to believe that they are making any money.
Additionally, a company only makes money on their initial entry into the market. This means an Initial Public Offering or a Reverse Merger into the market through a shell, which is what CMKM Diamonds did a couple of years ago when they bought the CMKI shell. Subsequent sale of stock is in the market and only market makers and brokers make money from the transactions. Therefore, CMKX has not made any money on the sale of stock in the market since on or about September 2002. Subsequent issuances of stock are usual for stock equity financing or stock swapping.
---------------------------------------------
ok lets see UC just bought a $3.5 million home...must be from that job at mickey d's. stock equity financing or stock swapping???? PLEASE GET REAL!!! thats so da** stupid it defies all brain matter. ya think maybe that financing came from selling more shares into the market??? maybe zooming had normal brain power just zoom over his head. does this clown think ppl are that stupid to just read that crap & believe it?? oh ya i forgot, cmkx cult would call that serious "DD".
Posted by Upside on :
Zooming stocks is run by the guy that Will and I met at the races. He's the guy who swore up and down that "we have the goods" but couldn't say what those goods were even though he claimed to have no ties to the company. Goes by the name of ElCamino on other boards.
Posted by will on :
Yea he's the selfordained reverend guy. He was gonna give the convocation prayer at the October meeting until that crazed women wanted to rip everyone's sack off.
Posted by Upside on :
What did she want to rip off?!
Posted by Dustoff101 on :
Further more I know all of you talk about me behind my back! I know this because I can here you............. We are very lucky here at Happy Farm estates we have several Dr.'s who stay here..They ain't very smart though....I told them I think I have a hemorrhoid, but they keep looking in the wrong place...They look in my eyes,, ears,, and mouth... They keep saying I am para some thing or other.... They also like me,,, they say I am some thing else...I don't want to hurt there feelings,,by leaving,,, so I will keep them company for a little while longer.
Posted by will on :
I think that was clearly reported by the fools that attended the big UCAD/CMKX Vegas bash.
One of the best legal reposts I have seen is where the guy met Urban at the race, and asked about the incident. He said Urban aknowledged it with a smile and a wave off, and a "let's not go there" comment. WTF is that? I think I would have had to say, no, tell me about it, Moe. That woman wanted blood, and you tossed her in the street like a piece of garbage. Just remember, if you're still holding old Urban and gang have your very best interest at heart, and soon you will be joining the crazed woman who was tossed in the street. I understand the buyout amount has been adjusted downward, between .10 and .27, lets see, at 703B O/S that will come to only: over 70B$ to 189B$ lol. Citicorp will spend that on two diamond flakes big enough to make earings for a flea. Stop yourself, foolish faithful, take your couple of grand for your $10,000's and move on. Quit lying to yourselves and everyone else.
Posted by Dustoff101 on :
Sorry guys did'nt see all hell was breaking loose while I was typing...Go get the *******, this otta get good.
Posted by will on :
Nah, Dustman, I'm not even gonna start. If anyone can't see what is really happening with this POS company they deserve to lose their ass.
Where is shakeman? I sorta like that name for him better than Wallace.
Posted by Upside on :
Well, now that I know there was a crazy woman ripping sacks off I'm pretty glad I didn't attend that party. If I remember right Will I was trying to talk you into going out there with me. I'd feel pretty bad if you came back as a eunuch and it was my fault you were there in the first place. That one would be pretty hard to live down.
Posted by will on :
I don't think she was looking to "work" the crowd. I think she wanted some CMKX management parts. Like Urban's or Melvin's or the highly regarded, now frowned on Mr. "GOD ALL MIGHTY" Roger Glenn. Afterall, we are just commoners, know nothing slobs. We're not celebrities, are little parts aren't woth anything compared to the brass these conmen sport. For them to have gotten away with this deal, and still be held in high esteem by these crazies, they have to have huge brass parts.
Posted by Highwaychild on :
LOL Will! You do sure have a way with words,"to rip everyone's OUCH off."
Mr. "GOD ALL MIGHTY" Roger Glenn may have done his job.I believe the audit back in June last year did take place,and I think that could be why we are where we are.
Posted by will on :
Funny thing is, you never really know, do you, childman? They might have done this and they might have done that, but the "Master Plan", and the Debeer's spy network and cut throat compeition just never allowed them to publish anything. Well, let me tell you something, they never did sh*t, but take the money and run. They didn't get much from me. Bet they sure got a lot from those freaky "I'm buying more", "it's on sale at this price", "got to buy at this discounted price", idiots. ........and they still aren't finished ten's of thousands of dollars flushed by them, and they are still believing in this freakshow. Absolutely insane, but the good part of that is, I didn't pay their tuition through crazy school.
Posted by will on :
I remember the genius faithful started a thread, how many shares of CMKX do you own. They were all proud to be owning 10's of millions of shares. I'd like to see just 1/2 of those mopes come back and start a thread now, how much money they lost on CMKX. Of course, they would tell you they lost nothing because they haven't sold, and still feel good and believe that this is a play of a life time. So, maybe they haven't lost, (past tense), but they sure are losing now. (Btw that makes them losers). C'mon, one of you proud owners of this crap start a thread for those big hitters that couldn't buy enough trouble months ago. Speak up you soon to be rich fanatasy folk.
Posted by Wallace#1 on :
So what you are saying, Hwy, is that RG did the audit and it was not released for some odd reason? I doubt it. His job was legal, not auditing. Had he accomplished anything at all, I am sure he would have made it well known....lawyers do that kind of thing. No matter what his job was or how one looks at it, he did not come through for shareholders, did he? Now he's gone? No visible concrete results!! Packed his bags rather fast, didn't he?
Posted by Wallace#1 on :
Will, I doubt if many will show their shameful faces. Don't you remember the numbers of them that insisted they would say they were wrong if it became obvious. They have all been blinded by "the light"!!
shakeman, my azzzzz!!!
Posted by Highwaychild on :
Will: Funny thing is, you never really know, do you, childman?
Childman: No, you sure don't.Especially when they don't really want you to know...(Twilight Zone theme music here)
Posted by will on :
Now, now, Shakeman. There, I capped it to show my respect and reverence for you. I say it with humble adoration for my good friend Wallace. You should be proud of yourself that I would honor with such a sterling nickname. (No Sterling pun intended, my friend). However, you should be ashamed of yourself, while your saintly wife was eating a meager meal of fish, you were gorging yourself on Ham & Cheese sandwiches and Shakes, Shakeman! Now you might ask, how do I know your wife is saintly. Well, I never spoke with her at length, but I have spoken with you, and if she puts up with you, Shakeman, she has to be a saint.
Posted by Highwaychild on :
Shakeman: So what you are saying, Hwy, is that RG did the audit and it was not released for some odd reason?
Childman: I'm thinking he might have did it and turned it in.The SEC was probably like how many shares?
Posted by Wallace#1 on :
No way, Hwy!
And you, will, better knock off the basterdizing of names. Otherwise I will figure out a real nice (?????) one for you....turkeybreath!
Posted by will on :
turkeybreath? Now what the heck is that? I still like Shakeman, and it appears others do too. I think it's gonna stick, Shakeman, unlike turkeybreath. Just remember who your only friend was when the faithful declared you the anti-Christ. I stuck with you, Shakeman, even at the risk of eternal damnation!
Posted by Wallace#1 on :
Enough of this damn tom-foolery turkeybreath!! I had to fight for first place basher and I sure as hell earned it....eternal damnation or not!
Posted by Wallace#1 on :
By the way, dwman, I do know how to spell "basterdization", but got a bunch of bleeps when I did, so I changed it.
Posted by Highwaychild on :
With todays 8-K, it kind of puts a new spin on laughing stock.
The best I could tell is was to inform the change of address?Is that what it was for?But in the PR CMKX implies the SEC don't want them the inform shareholders.From the PR...If the Commission deems it in our stockholders best interest to forbid us from providing information through filings with the Commission, we will comply," stated Urban Casavant, president of CMKX.
Damn I'm confused. If I could just figure all this out,I think I could make K-Train look like a rookie.LOL(j/k Train)
Posted by will on :
Oh! I get it now. LOL!
Posted by Ric on :
roflmao, you two are too much
Posted by will on :
God! I have to be more careful choosing friends here. Shakeman, UpMan, and joeythebest. Strike three! Just based on that lot, please don't follow any of my suggested picks. I will be watching AMNI though.
Posted by Wallace#1 on :
Ric,
Don't mind will, he's a bit on the slow side. That's why he still owns CMKX stock.
Posted by Ric on :
That the point. Cmkx or Urban I should say like his PRs confusing so you have to guess what hes talking about. Makes the koolaid sweeter when you can make you own dreams. Just like the Street Name thing. roflmao. All he said was the SEC isn't saying they will do it but I am going to include this to make it sound like they are so the faithful want run.
Posted by will on :
Now you know that isn't accurate, Shakeman. Even legal knows I am not a shareholder of CMKX anymore.
quote:Originally posted by Wallace#1: Ric,
Don't mind will, he's a bit on the slow side. That's why he still owns CMKX stock.
Posted by Wallace#1 on :
Well, lordy doo! Didn't know that. Guess I am not perfect after all! Hey, where are all those Bible thumpers who use to push CMKX to the hilt? You'd think at least just one might come back and admit they might have been wrong. Isn't that what faithful are supposed to do or do they suppose all is forgiven? Come on, take off Jacob's robe and fess up! HYPOCRITES!!!!
Posted by Wallace#1 on :
legal,
How about posting that on your CT thread?
Posted by will on :
....and the anti-Christ speaks again! LOL Man, you're risking eternal damnation, Shakeman. I think terrible things like that, but I use all my strength to control myself, imagine how hated I'd be if I didn't make an effort at some modest control. I might even owe stars at that point. BTW, I need just a few, maybe like 10 people to give me five stars so that I could show four again. Can't somone help a guy out. LOL
Posted by Wallace#1 on :
Yes, folks, please give will (aka turkeybreath)your five star ratings. I gave him mine a long time ago, but he misused it and got the breath knocked out of him. Now, as you can see turkeybreath can breathe again. Not that he has earned anything.....just give him the damn things. After all, he just may have saved one lonely person from buying CMKX with his outstanding posts and vocabulary as well as his in-depth knowledge of CMKX's talented management.
In short, GIVE THEM TO HIM ANYWAY!!!
PS: Yes, as he said, "modest control"!!
Posted by Ric on :
Theres 5 for you, didn't know I hadn't rated you yet.
Posted by will on :
Thanks Ric. I'm afraid I'll get 5 one star votes for every 1 five star votes. Hey that almost sounds like double talk from Sterlings classroom.
Posted by Ric on :
It was only fair, I had to give Wallace 5 to. Don't hold it against me, lol.
Posted by will on :
WOW! I got four stars!
Posted by Wallace#1 on :
See what I can accomplish, turkeybreath? Now just keep your mouth shut for a while until you build up more. Then some vicious fool cannot take them from you. Just say "Thank You, Wallace". Otherwise, I'll kick your teeth in!!!
Better add LOL
Posted by will on :
Thank you, Shakeman. ...but I can say vicious things to you, because you have already have given me five stars. We all know once you give them you can't take 'em back. LOL
Posted by Wallace#1 on :
Thanks, Ric. One question....how'd an ugly sucker like you get such a beautiful lady as I saw in your profile? Maybe there's still hope for others out there.
Had already given you 5.
Posted by Ric on :
SSSSShhhhhh don't tell her how ugly I am, I brainwashed her, lol.
Posted by Wallace#1 on :
quote:Originally posted by will: Thank you, Shakeman. ...but I can say vicious things to you, because you have already have given me five stars. We all know once you give them you can't take 'em back. LOL
"We all know once you give them you can't take 'em back."
Bet you tried to take back those you gave me, huh? That's how you know you cannot take them back, huh, turkeybreath?
Posted by will on :
Maybe you did have some of that CMKX Koolaid when you were dating?
quote:Originally posted by Ric: SSSSShhhhhh don't tell her how ugly I am, I brainwashed her, lol.
Posted by Wallace#1 on :
Ric, a truly beautiful family!
Posted by Ric on :
Thanks
Posted by Wallace#1 on :
Guaranteed he didn't have turkeybreath!
She's a knockout!
Posted by will on :
Does that mean you two are going to get a room. LOL
Posted by Wallace#1 on :
See, Ric, I was about to warn you about will. From my point of view, I am glad he did not specify a room with whom. Hey, that rhymes!
Posted by Ric on :
lol
Posted by will on :
Well, I got your stars now, so I can be as vicious, vile, and as mean as I want. LOL!
Sorta like CMKX Management. Once they get your money they can be as ruthless and insensitive as they please.
Posted by Wallace#1 on :
Will,
Looka proud!! Now you have reached Upside's level of accomplishment. LOL
Posted by legaleagle on :
quote:Originally posted by will: I remember the genius faithful started a thread, how many shares of CMKX do you own. They were all proud to be owning 10's of millions of shares. I'd like to see just 1/2 of those mopes come back and start a thread now, how much money they lost on CMKX. Of course, they would tell you they lost nothing because they haven't sold, and still feel good and believe that this is a play of a life time. So, maybe they haven't lost, (past tense), but they sure are losing now. (Btw that makes them losers). C'mon, one of you proud owners of this crap start a thread for those big hitters that couldn't buy enough trouble months ago. Speak up you soon to be rich fanatasy folk.
will, I am still in touch with all of those "mopes". Just about all of their, and my, shares were bought at .0001 so we aren't panicked at all. All, and I repeat all, of the "faithful" who used to post here have increased their shareholdings substantially over the months, and are quite happy with their purchases. In addition they have continued to acquire the JV's who will play into the picture later.
I continue to find it amusing that the biggest bashers here are the ones who own no shares or a minimal amount. And I think the continued bashing from people who don't own shares comes out of an inherent fear that you have made a mistake. That little voice that keeps asking: "What if they are right?" continues to nag at you each time you discuss this stock, and the fear begins to take over. "Did I make the biggest financial mistake of my life?" A quick financial calculation in your head and you quickly realize that the return on a hundred dollar investment that receives a settlement of $.20 pays $200,000.00, that's a $200,000.00 mistake. Can you live with yourself if a $500 investment would have made you a millionaire and you talked yourself out of it? Do you start to wonder sometimes if this is a scam then why is the SEC allowing it to continue trading? Why have there been no arrests, no indictments?
Do you sometimes wonder how a stock can turn 80 billion shares in two days right after it comes off suspension? Do you wonder if the major brokerages have stopped allowing buys, then who is buying everyday? Could it be the MM's trying to minimize their exposure on the NS when they finally have to pay up?
I haven't invested much in this stock. Most buys at .0001 over the 15 months that I have been accumulating, so I don't have any fears. If it tanks.....oh well. If it goes I could be a multimillionaire. For you and the other negativity pumpers..... if it tanks, you get to say "I told you so", but oh the misery for you if it takes off, or receives the likely settlement. That has to induce a lot of fear and anxiety now. It makes people keep posting and posting about what a scam this is, hoping upon hope that if you say it enough it will come true.
But at least you have each other to hold onto in your fear and pat each other on the back and say "It's gonna be OK." Have at me guys, you have needed a target for a few days on which to unleash your primal screams. But deep down you know I'm right. As always just my opinion.
Posted by will on :
Where is that fence sitting dog? It took an SEC suspension to get him off the fence. LOL What a guy, started off as a paid basher, got religion and was almost a faithful, now he might be getting checks again. You can get after him, Shakeman, he is still holding shares. LOL
Posted by Upside on :
Originally posted by Will:
quote:he is still holding shares. LOL
You think so?
Posted by Ric on :
Negativity pumpers I like that. Can I be a first paid negativity pumper? Anybody willing to fork over the money here? My charge is minimal and I would enjoy my job. My references include negativity pumping prrm, usci, ththf, mlon, gxxl and our all time favorite GMSV (AFRT). I loved the symbol AFRT it made me think a fart, lol. I will work hard with my role and promise never to drink the koolaid.
Ric
Posted by Dustoff101 on :
I articulate my thoughts with sheer genius..I structurate my wrtings with absalute presision...My spleeling is good.
You are all jealous of me!....I have no stars with 17 votes.....Soooo that means I have recieved 10 stars per vote and the machine is broke....My math is even better than my grammer.
Posted by Wallace#1 on :
Sure, legal, sure. Don't worry, everything will be all right. How about placing my above post on your CT forum? Got the guts?
Posted by Wallace#1 on :
Dusty, I gave you 5 stars. What'd you do with them?
Posted by Ric on :
I just gave you 5 too. Still no stars. You must have pizzed some group off bad lol.
Posted by will on :
legal, good to see you, buddy.
Nah, I can do the math 703B X .20 = insanity.
...and believe me, one of your former pals here, sure wasn't buying at .0001. They'd have to have 300M now to have average down to .0002. It's ok though, you grasp any straw you like while the sharks nibble at your feet. It won't be long for y'all now. I silenced that little voice the day after the suspension ended by selling my meager holdings to one of those "mopes" averaging down. Anyway you cut it $35,000 invested for a 100M shares doesn't = .0001, but not to worry you could probably sell at market for .00007 now. Oops! That's only $7,000! $7,000 = $35,000, oh, that's right, Sterling's math class lets you think that. Good luck, noah.
Posted by Ric on :
quote:Originally posted by Ric: Negativity pumpers I like that. Can I be a first paid negativity pumper? Anybody willing to fork over the money here? My charge is minimal and I would enjoy my job. My references include negativity pumping prrm, usci, ththf, mlon, gxxl and our all time favorite GMSV (AFRT). I loved the symbol AFRT it made me think a fart, lol. I will work hard with my role and promise never to drink the koolaid.
Ric
Still no offers to pay me. I will do a good job I swear. I know this isn't worth paying to bash but a negativity pumper now thats the ticket. this will be a good practice stock to get the kinks out.
Posted by Wallace#1 on :
Take over guys, and make legal happy. Tell him how right he is. Tell him about the $millions he's going to realize. Tell him how much you think UC is respected. Tell him how honest UC and others at CMKX have been. Tell him how informative the PRs have been. Tell him of all the results or accomplishments to date. I just know all of you are very impressed.
I am tired and going to sleep. Good night.
PS: Ric, Upside just might be interested in paying you in CMKX stock. I bet he still owns some, so ask him for the job.
Posted by Ric on :
MAn you want me struck by lighting or something. I would have to wash out my mouth with soap for saying that. lol
Good nite
Posted by Upside on :
Originally posted by Wallace # 1:
quote: I bet he still owns some
You think so?
Posted by legaleagle on :
quote:Originally posted by Wallace#1: Sure, legal, sure. Don't worry, everything will be all right. How about placing my above post on your CT forum? Got the guts?
You certainly are welcome to come and post it yourself, Wallace. The CT board welcomes critics of the stock as long as they back up their allegations with DD, and their opinions with reason.
Posted by will on :
Would I be welcomed, noah? LOL
Posted by will on :
No. I don't think so, I know so, pal! You bought some at .000X. I just don't have the heart to put the price there. I feel your pain though. It's ok to be wrong, UpMan. There's a whole slew of folks a lot wronger then you and I were. Save your sympathy and prayers for them, and be grateful you didn't catch the CMKX bug, and lose all sense of reality. Just imagine you could be thinking that there's only gonna be 80M shares out there and a .20 buyout. He did say 80M, didn't he? It's so ridiculous at this point, 80M 80B, whats the difference neither is close to being accurate.
OH! Goodnight!
quote:Originally posted by Upside: Originally posted by Wallace # 1:
quote: I bet he still owns some
You think so?
Posted by Upside on :
Originally posted by Will:
quote:You bought some at .000X. I just don't have the heart to put the price there.
That would be .0002 and then again at .0005. Smart guy that Upside.
Posted by Wallace#1 on :
Up, yes I do think so!
legal,
I have no intention of posting on your CT site. It never mattered to you people over there how much DD someone did or presented (which I did time after time). You all want to stay in la la land and attack anyone who does not agree with your ideas or your misguided kind of theology or religious ideas. All of you have a hell of a lot to learn about being Christians! The majority of you should hang your heads in shame.
PS: Notice I use the word "majority". That will give all of you an excuse to say to yourselves, "That doesn't include me.". Makes it easy for hypocrites.
Posted by Upside on :
Originally posted by Wallace #1:
quote:Up, yes I do think so!
Yeah, I can't deny it. I'm one of the few smart fellers who decided to cost average up in a company I was convinced was an outright scam. Sometimes I just have to shake my head at myself.
Posted by Wallace#1 on :
Brilliant move, Upside. Wish I had thought of averaging "up". What will didn't tell everyone is that you bought 100 shs at .0002 and 300 at .0005, right? No big deal! That would make you a winner! LOL
Posted by ed19363 on :
I must be on the wrong board....I'm one of the idiots who still holds 22M and is hoping for a positive outcome.... Guess I need my head examined....
Posted by bill1352 on :
wow..i was just thinking Legel is right!!! i'm an idiot for selling most of my shares why i'll be eternally damned when cmkx gets its rock solid, soon to happen .20 buy out. what was i thinking? how could it not get a buyout offer? i'm through with you guys in here. i'm joining christain traders right now & looking for a new broker so that i can buy. maybe if i promise to praise UC each nite before bed they will forgive months of bashing. i could be a saved soul!!!.............................................................................................................................wow that was weird, some kind of flashback from my younger LSD taking days. or was it my grandbaby's kool-aide??? what ever it was it was scary
Posted by Dustoff101 on :
just thought I would post to find Wallace,,,, I think he is off selling our diamonds ....
shakeman you have mail,,what about M..O
Posted by Wallace#1 on :
Was out. Just got back home. Going out again shortly.
Posted by legaleagle on :
quote:Originally posted by will: Would I be welcomed, noah? LOL
Absolutely will.
Posted by Ric on :
Smith Barney Not Connected With CMKM Diamonds
April 8, 2005 - It has come to our attention that various website chat room postings have suggested a relationship between Citigroup and/or Smith Barney and CMKM Diamonds (Symbol: CMKX) and CMKXtreme Racing. Please be advised that there is no relationship or connection whatsoever between Citigroup or Smith Barney and CMKM Diamonds or CMKXtreme Racing, and any statements to the contrary are false.
All this talk about buyout by citi because they had a sticker oon a car. That was so funny anyway. .20 a share was the talk for the last week. I love how Citi responded to this on there own web site so it would not be misunderstood. At least somebody can but out a PR without double talk in it.
Posted by Wallace#1 on :
Ric,
Don't tell any of the faithful that stuff about Citigroup. They may see some "light". LOL Guess that ends that lifesaver for them. Another presumed support gone!!!
Don't want to see repeats of the "Big Crash" where people were jumping off buildings.
Posted by pappy on :
About 2 weeks ago pridevision gave a pr saying they were no way selling, a couple of days later they let a pr saying they sold to QBID so tell me CAN YOU REALY BELIVE PRS. If CITI GROUP was tendering a offer there is NO WAY they would want to have a possible change in PPS on CMKX, so to let a pr saying noway is there anyway a connection after rumors only makes sence.
Posted by Upside on :
Well pappy, I see the spin is already starting. Can't you guys just come up with a new wild rumor? This one's getting kind of old.
Posted by pappy on :
Upside, all I am trying to say is you cant even belive prs even from the most respected of companies.
Posted by Ric on :
I live right behind BMS and Bristol Dragway. Will I get to see a Got CMKX funny car this year?
Bristol Dragway April 29th
O'Reilly NHRA Thunder Valley Nationals Tickets On Sale
Tickets for the O'Reilly NHRA Thunder Valley Nationals, slated for April 29-May 1 at Bristol Dragway, are now on sale with two new types of tickets available for purchase, including Thunder Terrace and Bruton's Suite tickets, which are part of the new expansion.
Posted by Upside on :
I think you can believe this one pappy.
Posted by Ric on :
Two things.
One, Theres a difference between a penny stock telling the truth and a major market company when it comes to this.
Two, Qbid was looking at a hostile takover by buying his wifes part of the business. They also said when they weren't interested in a buyout that Qbid did make inquiries.
Theres a big difference then what Citigroup just said. They said there were no, N O, relationship.
Posted by Ric on :
By: stockman770 08 Apr 2005, 02:41 PM EDT
cmkx shareholders do it again:
they think they are doing DD however all they do is annoy various companies, cmkx management on several PR have asked shareholders not to call, yet they do, smith barney has to post a message on there website about these fools and im sure dateline will soon mention the cmkx shareholder as a pest. and you people call yourself investors,lol i wonder if fords investors call every single part manufacturer 1600 times a day, you people bought into this dream like cmkx owes you money well here is reality "THEY DONT" just sit back and watch what happens............
Posted by Ranger on :
Banking laws prohibit Citigroup from purchasing a company like CMKX. And it wouldn't really make sense from a private equity standpoint either. It's doubtful a company like Citi or SB would want to be involed with a company with the current reputational issues of a CMKX. About the only reasonable link would be to provide support for a client interested in CMKX, but that's a stretch.
Posted by Ric on :
Besides that pappy. CMKX never said they were being bought out. It was the paid pumpers and koolaid drinkers that call themselves investors that started this. Not CMKX or Citigroup.
quote:Originally posted by pappy: Upside, all I am trying to say is you cant even belive prs even from the most respected of companies.
Posted by Ric on :
Now heres something real funny, lol. Citigroup going after CMKX tout sites using there image.
Letter from Citigroup General Counsel to cmkxpics.com
Link to original e-mail "screenshot"
It has come to the attention of Citigroup/Smith Barney that your website contains photographs--specifically in the section reflecting photos from the "Phoenix Race"--depicting a "Citigroup/Smith Barney" logo on a CMKX racecar, with a legend identifying the individuals in the photo as a "Citigroup Rep and UC".
Please be advised that any reference to Citigroup and/or Smith Barney in connection with CMKX, in any capacity, was, and is, unauthorized. "Citigroup" "Smith Barney" and the "Citigroup Umbrella Logo" are registered trademarks owned by Citigroup Inc., and those marks were used without the permission or approval of Citigroup. The person identified in the photographs as a "Citigroup Rep" was not, and is not, authorized to represent Citigroup in connection with use of Citigroup's registered marks. Citigroup has never sponsored, does not sponsor, and has no intention of sponsoring CMKX or CMKXtreme Racing.
This morning, Citigroup issued the following Announcement, which can be found on the website "smithbarney.com":
"April 8th, 2005 - Smith Barney Not Connected with CMKM Diamonds:
It has come to our attention that various website chat room postings have suggested a relationship between Citigroup and/or Smith Barney and CMKM Diamonds (Symbol: CMKX) and CMKXtreme Racing. Please be advised that there is no relationship or connection whatsoever between Citigroup or Smith Barney and CMKM Diamonds or CMKXtreme Racing, and any statements to the contrary are false."
Citigroup hereby demands that CMKXpics.com cause those photographs referencing Citigroup and/or Smith Barney and/or any of its affiliates, agents or employees to be immediately removed from its website. In addition, Citigroup demands that CMKXpics.com cease and desist from making any statement which states or implies that there is any relationship or connection between CMKM Diamonds and/or CMKXtreme Racing or any of their affiliates, agents, employees, officers or directors and Citigroup, Smith Barney or any of their affiliates, agents, or employees.
In the event that CMKXpics.com does not immediately comply with this demand, Citigroup will take all necessary and appropriate legal action to ensure that these demands are met. Please feel free to call, or e-mail, me if you have any questions.
Very truly yours,
James S. Goddard Director Associate General Counsel
Posted by Ric on :
Sounds like to me that Citi is claiming that the sticker on the car was even unauthorized.
Posted by Upside on :
The house of cards is tumbling down.
Posted by will on :
Seems Citi-Group has made it pretty clear there isn't ANY linkage between it, and piss ant CMKX. Won't stop the foolish faithful from telling us that it's a secret deal, can't be published, has to be denied, for "Master Plan" reasons, to fool DeBeers, to screw the SEC, to embarrass and do financial harm to the MM's. Just a continuation of the bullsh*t they've been feeding everyone for the past year. What say you, noah? What do you have to say about a buy out by Citi-Group at any price? Bet ya that sticker is off of the pos car already! LOL It just keeps getting worse and worse for the faithful. I will bet anything, noah will not admit defeat yet. He will even repost some fantasy about what good news this denial of a relationship is. Unfriggingbelievable!
Posted by Ric on :
I think the warning to cmkxpics.com was a warning that they will come after anyone misusing there name. SEC may not have the time to care but Citi probably has many bored lawyers who has nothing better to do then sue.
Posted by pappy on :
I am not saying citigroup or any other company is going to buy or has a offer on the table. It just seem funny that a company like citigroup would have a pr about something like this a rumor. Thats all, not trying to pump or defend cmkx
Posted by will on :
Well, by the end of the weekend you will see it isn't tumbling down. You will see some type of fantastic claim why this is good news. Probably from a repost of noah's written by the famous businessman and entrepreneur, Dr D. You know the well respected poster that disects every little bit of crapolla written about this piss ant company, and makes it sound wonderful. I'm sorry, but I sure don't have enough imagination to make anything good out of this, but you'll see it soon. If not tonight, tomorrow for sure. Bring it on, noah. That little voice in your head, what's it saying now? SH*T !!! Damn!!! I wish I still owned this heap of smelly crap. WOW! I wish I had 100M shares with about $35,000 invested. They're wishing they did have an average buy in of .0001. They didn't believe Wallace when he said he bought at .0001, and I don't believe them when they tell me they bought at .0001. You can lie to me, but when it's over and you count your money you will know what truth and a fact based agruement is. By the way, it will be easy to count, doesn't take long to say 0 !
quote:Originally posted by Upside: The house of cards is tumbling down.
Posted by will on :
You're not trying to defend CMKX? Be pretty hard to at this point. All your faithful CMKX'ers pinned their hopes on a buyout. Are you saying you weren't, or your not now one of those faithful? Seems to me their is still an allusion to some type of hope in your posts. Of course, this is text I'm reading and there isn't any inflection or emotion in your words, but for some reason you seem to have a modicum of hope. Give it up. If you can sell your shares for a tic tac or a stick of gum, do it. Soon they will be WORTHLESS!
quote:Originally posted by pappy: I am not saying citigroup or any other company is going to buy or has a offer on the table. It just seem funny that a company like citigroup would have a pr about something like this a rumor. Thats all, not trying to pump or defend cmkx
Posted by Upside on :
I just wonder how many shots it takes before this thing is written off. I mean, review some of the recent events. Barred from trading in a part of Canada, an ongoing SEC investigation, an upcoming suspension/revocation hearing, false and misleading advertising on their car, the list could go on and on. How can anyone really believe there is anything good here?
Posted by Ric on :
Because koolaid drinking CMKX holders were calling them all hours of the day and nite asking about it. They had to stop the madness. Geez are you that, well enough said.
quote:Originally posted by pappy: I am not saying citigroup or any other company is going to buy or has a offer on the table. It just seem funny that a company like citigroup would have a pr about something like this a rumor. Thats all, not trying to pump or defend cmkx
Posted by Ric on :
They are already claiming that there website was hacked and its a fake PR. Its to funny. Like it wouldn't be all over the news if Citigroups website was hacked. And also why wouldn't they take it off if it was. They just can't believe the truth because the koolaid was too strong.
Posted by will on :
You'll see, you'll be reading it soon.
Hey they still have the NSS issue. Remember you need to ask yourself how a stock comes off suspension and trades 80B sahres in two days? The answer couldn't be that anyone with 1 living brain cell that owned this pos said let me get the f out of it NOW! Nah, it's the evil MM's covering. Won't I feel bad when 1M sahres at .0001, a $100, would have made me $200,000, or $500 would have made me a millionare. Oh dear! How am I going to live with myself now? Maybe they should be asking themselves, Where am I gonna get those ten's of thousands of dollars I pissed away on believing in CMKX. Go ask Dr D, I'm sure he'll have a make you feel good answer bouncing around in his empty head. if not, there's always Sterling's classroom.
Posted by Upside on :
I just can't believe that they're going to try to turn this into a positive thing. This company is dead and the only ones who prospered from it are Urban and his cronies.
Posted by will on :
OK, UpMan, there is spin # 1. Fake PR on Citi's website. LOL They just won't quit. That's a mild one. Wait until they bring out the big artillery. The thinkers. The fake PR pronouncement was from baby CMKX'er. First thing a moron would think of. This ain't even near the good stuff.
Posted by Ric on :
Oh OH, hold on let me get the fake PR that someone changed and passing as level III PR, lol
Posted by Ric on :
THIS IS FAKE BY THE WAY - NOT FOR KOOLAID DRINKERS EYES
By: livingstonecatabbi 08 Apr 2005, 04:52 PM EDT
(This msg. is a reply to canigetayesyall.)
Got thios PR form Level III...Smith Barney Not Connected With CMKM Diamonds
April 8, 2005 - It has come to our attention that various website chat room postings have suggested a relationship between Citigroup and/or Smith Barney and CMKM Diamonds (Symbol: CMKX) and CMKXtreme Racing. Please be advised that there is no relationship or connection whatsoever between Citigroup or Smith Barney and CMKM Diamonds or CMKXtreme Racing, and any statements to the contrary are false.
However, with that said, we are simply saying that there is no relationship currently. However, as a global leader in mergers and acquisitions, our global equity department is currently reviewing opportunities in the mining and minerals space. CMKX is now under review as a possible acquisition as we seek to leverage our $900 billion in client assets. Clearly, to say that we are not interested in penetrating this lucrative market at this time would be highly irresponsible and premature. We plan to release information, as it becomes available regarding our future intentions with CMKX and other mining and mineral operations.
Smith Barney is a leading provider of comprehensive financial planning and advisory services to high net worth investors, institutions, corporations and private businesses, governments and foundations. With more than 300 research analysts around the globe and nearly 12,500 financial consultants in more than 500 offices, the firm offers a full suite of investment services, including asset allocation, private investments and lending services, hedge funds, cash and portfolio management, as well as retirement, education and estate planning. A division of Citigroup Global Markets Inc., Member SIPC, Smith Barney currently serves more than 7.5 million client accounts, representing nearly $900 billion in client assets. Additional information may be found at www.smithbarney.com.
Citigroup (NYSE: C), the preeminent global financial services company with some 200 million customer accounts in more than 100 countries, provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage, and asset management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney, Banamex, and Travelers Life and Annuity. Additional information may be found at: www.citigroup.com. Posted by Ric on :
Of course Level III is only for professional brokers and MM's. And that 2nd paragragh looks so professional itself. And also, its illegal to give inside information to MM's and not investors. roflmao
They will try anything to cover there butts on this one. There big claims come crashing down and they are trying to unstick the airbag.
Posted by Prdponce on :
Dont know **** about what is going on here.
Did you all noticed the latest PDSS PR in which the CEO agreed to be Interview on PALTAlK.
Just a though, Do you think Sterling is getting some shares and that he will soon dump CMKX talks and start double talking for PDSS?
Take care guys
Posted by will on :
Spin # 2, a level III PR mitigating the real one. I didn't know what a level III is/was. However, it sure was convenient for the CMKX'ers that Citi Corp put one out. Still not the good stuff. That is just some crazy posting fraudulent crap. I want the complicated stuff. The crap you have to read four times before you understand nothing about anything that was said, but it makes all these idiots feel good. I can hardly wait! It's coming! shhhhhh.....can you hear it...(farting sound) I can't wait to hear it.
Posted by Upside on :
Nope, definately not the good stuff yet. Claims of fake p/r's, doctored p/r's, they're the stuff of rookies. Wait until later tonight or tomorrow. That's when the new Unified Theory of CMKX will come out.
Posted by will on :
Damn! I went and ate, and I thought I would come back to the faithful's raving about what a good PR the Citi Corp PR was. Very disappointing. Might mean they're still formulating a whopper! This is gonna be good.
Posted by Dustoff101 on :
To whom it may concern, The time is here for me to reveal the truth. I now own CMKX the company. This has been a difficult time for my beloved CMKX. These vicious partner's of mine, BP,,APA,,IBM,,MSFT,,HP,,F,,GM,,The CIA,, The World Bank,,China the country ,,,and the entire continent of Africa have conspired with the people on this board to destroy me. I have been under cover for sometime and I know who you are. Yes it is true, I am a faithful believer... I don't why this cool-aide someone sent me has such a odd taste..But sometime ago it sure changed me so I could see the light.
Posted by Wallace#1 on :
Upside,
"The house of cards is tumbling down."
Re that "house of cards", the only ones left are the Jokers! It's a toss-up as to whether that's us (the knowledgeable), them (the faithful) or UC's bunch (scam artists?). LOL
Posted by will on :
Geeez! Now I'm really getting worried. I watched a ballgame, and still nothing. I'm not worried though. These guys have been creative for almost a year. I have as much faith in them concocting some new fantastic nonsense as they have in Urban. Be patient, it's coming.
Posted by bill1352 on :
ok, i'm done with a plumbing disaster & i come in here for a good laugh & low & behold there 1 is...lmfao Citigroup says ARE YOU F"IN NUTS!!!!!!!!!!!! WE DONT WANT NOR WILL WE EVER WANT ANYTHING TO DO WITH CMKX!!!! & by the way what moron thought we would???? you got pics of our logo on your site??? GET IT THE F OFF OR WE SUE!!!!! i'm still laughin. LEGEL this is to you buddy, you & your cult...PLEASE DO NOT SELL THIS POS. its a diamond mine waiting to happen. any of those that are just hopeful..please sell like the rest of us fools that bought cmkx..take the loss & claim it on taxes. that way you at least get something. let the cult hold till its shut down, they deserve to get less then nothing
Posted by will on :
Bill, did you like the Level III PR. LOL Someone ought to email that to Citigroup. You know maybe these guys are jamming themselves up by alluding to the CMKX and Citi linkage.
Posted by bill1352 on :
oh wait it really wasn't citigroup...that was a smoke screen it was really Bank ONE...ya thats the ticket or was it Chase, maybe it was the Bank of England. you know how those Brits love Canada. UC is canadian ya know...ya ya thats it its the Bank of England thats buying us out. no wait i heard bill gates wants out of microsoft, he wants to try his hand at something new, i'm sure its him now...lets see 4 glasses of kool-aide & maybe i'll figure it out.
Posted by bill1352 on :
Will somebody is going to be sued & i hope its sterling & a few of his cult groupies. Zoomingstocks is next
Posted by will on :
That's right a couple of those mutts have a , whatever tf, thay call what they do. That Zoom crappology. and that Wee Willy Whackoof guy. They PR 3 times a week each. I'm sorry I didn't read that muck, I just delete the pigslop.
Posted by legaleagle on :
Well let's see if I can get all of the negativity pumpers answered in one response.
First, the rumored buyout by Citi / SB was started by only a couple of people on RB, the most visible of whom was a poster by the name of AccaDacca. He was the one who caused the switchboard at Citi / SB to be bombarded by shareholders seeking information. Which is exactly what we are supposed to do....discover if rumors are true or false. Citi/SB responded finally after the rumor mill cranked out for about three weeks.
It was not the "faithful", as you like to call us, that started the rumor or promulgated it. A "buyout" and a "settlement" are two entirely different things.
If Citi/SB are involved in any way with CMKX it would be to clean up the NS in the derivatives that they purchased from NITE. That would not necessarily establish a "connection" or a "relationship" between the two firms, but still involve a substantial amount of money being transferred.
And concerning the story about the Citi/SB photos of their logo on the car, let me ask one question. How many powerful corporate attornies send out a "Cease and Desist Order" in an e-mail?
Posted by Ric on :
Oh yell, Accadacca said tonight the buyout was still a go and he called Citi/SB and told them to have the false PR taken off website by morning. He said they assured him they would and if it wasn't there was 3 people that would be fired. Of course hes an retired Construction worker(laid tile). I never knew they had that much power other then to over charge for work. roflmao
Posted by bill1352 on :
legel...bashers do not need anything more then CMKX & the cult for ammo. even that is over kill. to think a basher would need to make up a story in any effort to harm cmkx is even more foolish then anyone buying this stock now
Posted by Ric on :
And the owner of the website came on tonight and a true pumper (wont say name Willy) confirmed who he was and said the e-mail did come from Citi and it was in response to koolaid drinker emailing Citi after the PR and asking then why this picture if the rumor wasn't true. He assured that Citi did force him to remove it and put the disclaimer on his site.
Posted by will on :
LOL
Oh! How they back peddle when their nipple is caught in the ringer.
LOL
"WE" never said Citi Corp. They sure let the allusion live, and nurished it with inuendo though.
Same old tactic they been pulling for year. Not lying, but never telling the whole truth.
That's a pretty weak defense there, noah.
What's the new theory? I saw settlement vs. buy out. Gonna shoot that angle now, pal.
LOL
What a frigging joke. Next week you'll be denying you said anything about any settlement it will be onto another fantasy.
Posted by bill1352 on :
Will...have you not been paying attention??? they have learned from the master UC himself. never say anything that doesn't have a loophole built in...lol
Posted by Ric on :
lol bill
Posted by bill1352 on :
ric...what will we do other then TV for entertainment when this pos is shut down???...lol
Posted by Ric on :
Not sure. Since retired anyway, I will have way to much time on my hands. LOL
Of course I did order a George Carlin DVD from Blockbuster.
Posted by will on :
I know I'm gonna miss it, bill.
noah, is getting weaker and weaker, but he isn't ready to say UNCLE yet.
C'mon noah, bring your friend debbie back, and tell me how complicated this play is, and I just can't understand it, or I find negatives where there aren't any.
Well, maybe you'll find those millions you posted about yesterday where there isn't any.
LOL
Posted by bill1352 on :
lmao we need to send carlin some cmkx stuff..i'm sure he could work with it...lol
Posted by will on :
The hippy dippy geologist. His eyes lit up ok, from taking LSD laced KoolAid.
Posted by will on :
So, that feeble denial by noah was the best he could do?
Don't bet on it. Dr D, the high powered businessman, hasn't giving him the new perspective yet. He'll repost when he gets it.
Tonight's post was a noah original that's why it lacked creativity. Was funny, but no points for the fantastic.
Posted by Ric on :
Well, being bored I went into Willy's room tonight to see the latest spin. It made me so sick I had to leave. I never heard so many people so full of it in one place. A pig farm smelled better then what they were dishing. It was so funny and so sad at the same time. Like being inside the Waco Farm house right before the FBI came in.
Posted by bill1352 on :
just a thought...what about those great divys we got??? are we doomed to have trading accounts the rest of our lives?? what if we dont want open accounts??? can we give those worthless pos's back?? how about we traded them for 1 real explaination about cmkx from UC. or maybe a cup of coffee from 7-11
Posted by will on :
Ric, c'mon, share a little with us. noah will deny it anyway.
Posted by Ric on :
Well that Citi/SB web site was hacked
Accadacca (origin of citi buyout) said he called Citi and told them to take it off and they were scared and promised to have it off by morning
If not off he would have at least 3 people fired from there.
That now he can't say if its buyout or payoff for shorts because what his lawyer told him he could say.
Willy believes him and wants his followers to trust him.
The PR he said would be out last Friday, Monday, today will happen by Sunday and then later by Monday.
That his insiders gave him this info but he can't share everything then let it slip it was a theory but backpetaled it was facts from links he could provide but never did. He made it so confusing that my head started to spin.
Willy would boot anyone that bashed him
That we would get between .20 to .37 a share and possible shares in a the other company.
That the room crashed twice because Willy was to stupid to know how to work the admin setting correctly after having the site for over a year now.
Deverting the question to mining but can't tell you what kind of mining or for what. Lawyer said it couldn't tell that info yet, for some reason he had insider info.
Refused to answer why he had illegal insider info that he can't tell us about. Was threaten to be booted for asking that.
Most of it was too redneck to understand what they were saying. Several drunks going off on why someone would question this great news.
Basically it sounded like you were in a bar with a bunch of drunks bragging which could get the waitress to come home with them yet to drunk to realize she was dirt ugly.
[ April 09, 2005, 01:52: Message edited by: Ric ]
Posted by ed19363 on :
Guys, as soon as the funeral is over, check out NCDP latest news. Maybe you can make back a little of what you lost on CMKX. IMO, it wont be the play of a lifetime, and you wont become a millionaire, but the company has good management and is actually DOING something. Good luck to all.
Posted by TruthTeller on :
Hello Everyone!! If you like Jerry Springer show, you can go to Willy's room. Don't go to Willy's room for stock info
(I know nobody from this board goes there for info, just wanted to say that)
Posted by will on :
Thanks, Ric. I couldn't stay up to read the going ons in Willy Whackoff's room, but it was good to wake up to a laugh today.
Posted by will on :
Now, y'all remember the 19 things that make you say hmmmmmmmm about this pos?
noah's angle is this. He reposts tripe from these other mopes, and leads you to believe their point of view has validity just by virtue of posting them. True, he didn't say it , but true he doesn't deny this nonsense either.
Here's a few hmmmmmm things from an earlier post by noah:
#18... Citigroup has a total assets of $720 billion and operations in over 90 countries.
#19.... Citigroup buyouts include.... Mexican banking powerhouse Banamex, E-Serve, Financiero Atlas (the No. 2 consumer finance company in Chile), Shinsei Bank, Travelers Property Casualty Corp (paid $42.49 PPS), Schroders PLC, merging Bank Handlowy with Warszawie SA (creates Poland’s leading financial institution), Argentina’s Grupo Siembra (a retirement-services group), Citigroup acquires Associates First Capital Corporation. (the biggest U.S. consumer-finance company), Diners Club, and others.. According to documents filed with the U.S. Securities & Exchange Commission, Citigroup Investments holds shares in 3,148 corporations including mining. http://www.endgame.org/citigroup.html Posted by bill1352 on :
it sounds to me like there is a 10 drink cover charge for willys room. one of these days soon i'm going to join a cult room just to get kicked for spreading truth, facts & as they like to say real DD. legel said we were welcome but that we needed to back our facts up. i'd like to know when any of there so called facts have had any backing, proof or even a hunch that could look like it had a chance. naked shorting is backed up by the fact that it does happen. but at .0001 why short it cant get shorter.
Posted by will on :
Well, that's the double standard, bill. If you're high on this pos you can say anything positive you like, facts or no facts. They call their daydreaming fantasies DD. If you have a position other than their's, you're a paid basher. There aren't any facts furnished by the company for over a year now. The SEC furnished a lot of facts since the suspension. OH! I'm sorry one important fact they were forced to publish: 703B LOL, but that was due to SEC action, so it doesn't count as them being forthright and forthcoming.
Posted by bill1352 on :
Will, now you know it isnt fair to use their past posts against them. everybody just can't play fair. first you use real company info like the o/s, second you use lack of proof for their theories & now you want to bring up their own posts when proven to be trash??? i think you should say your sorry. honesty, first grade math & common sence have no place in the "master plan".........really we need a way to add an ecko to some of these cult lines, they lack the drama they deserve.
Posted by will on :
Lack drama? I think not! Orson Wells couldn't provide this much drama. I'd love to listen to that paltalk trash firsthand, but I don't want to clutter my computer with a trash program. I bet there's REAL drama there. Of course noah doesn't support that nonsense, but wait, I'm sure he listens, participates, and doesn't deny any of it.
Posted by Dustoff101 on :
bill1352....don't give up on the entertainment value yet, there is still the opening statements in the courts to rip to shreads....The Citi bank fiasco just might gain momentum, remember the Citi bank debit card? That should add some fuel to the fire, at least around here...
Posted by Highwaychild on :
No Citi. They say Willy is blaming everyone but himself and ABA-CACA.He was pumping the Citi buy out just the other day.And wonders why people were calling up Smith/Citigroup.LOL!
I'd like to see what would happen if they put a DeBeers sticker on the funnycar. ------------------------------------------------- Bill: "but at .0001 why short it cant get shorter."
Childman: you do know they can still do it,they can buy @ .00005, sell @ .0001 all day long.
Posted by will on :
child, good to see you.
Well, it appears you accept the Citi nonsense was just that, nonsense. It does look like you you're still hanging your hopes and the double NSS nonsense though.
Sorry to be the millionth person to tell you this, but this pos is dead and now rotting. I will give you one tic tac, a stick of gum, and a glass of cold water for all your shares. Take it, it's the best settelement/buyout you're gonna get, pal.
Posted by Ric on :
I wish the drag race was in Bristol before the hearing instead of 4 days after. Could go down and buy a magnet sticker of MSO (Martha Steward Living) and get a women in one of K-marts Martha's line Dress and take a picture beside the car. Give it to a koolaid drinker and see what became of it, lol.
Posted by bill1352 on :
i do understand that highway but to naked short at .00005?? even at .0004 which it held for a few months. the only part of naked shorting that works is the idea that mm's never cover because the company goes bankrupt or in CMKX's case gets shut down completely by the SEC which is likely.
Posted by Ric on :
Or maybe Microsoft. Think if I would find an old Windows 95 sticker that the faithful would even realize it?
Posted by Highwaychild on :
Will,I'm still hanging my hopes one word...diamondiferous. I think if we just see that word put out in a pr with,glory be, some diamonds instead of micro-chips.I think that the pps will move some at least.
I had a 6 person city group of poker buddys last night.LOL I've done well enough at it latly to cover my CMKX loss if I never hear the word.
[ April 09, 2005, 11:17: Message edited by: Highwaychild ]
Posted by Ric on :
come on, they lied to sec for 2 years about form 15 so they didn't have to report. sec won't care about the one word diamondiferous. they are revoking for that because it was used to dilute shares behind shareholders back no matter for what reason. Its over
Posted by Highwaychild on :
Hey Ric,I've heard something on a message board about a possible Martha Stewart-CMKX connection.j/k LMAO!
Posted by will on :
Hey cildman, I know you're joking.......but the next one to post something about Martha Stewart Co., (probably noah), won't be joking. They might draw on the linkage that Martha did time, and UC may be headed that way.
quote:Originally posted by Highwaychild: Hey Ric,I've heard something on a message board about a possible Martha Stewart-CMKX connection.j/k LMAO!
Posted by bill1352 on :
i think may a pic of Ken Lay & an old Enron sticker would be more to cmkx's standards. or global crossings, maybe tyco or adelphia. wasn't it the tyco guys that had the huge multi-million dollar homes built? hmmmm why does that sound familar???...lol
Posted by TANGO42 on :
Checking in to see the same group of posters here. AND most still negative. I finished the week in a great mood. Heres is my list in order of importance: 1-CMKX formalized last PR with an 8k 2-Additional share structure discovered in 2nd to last PR (Max float 166b) 3-ACCADDACCA scam was put dowm about CITI 4-AZTM PR's 6b valuation in Alaska & adds more claims in Manitoba 5-all jvp's up a bit this week 6-one drill operating 7-No need for more because aerial survey meets Canada's for claim maintenance 8-Located the big Oreo - - - - - - - - You see gentleman if you would have spent more time on learning and trading, you too could have turned $5000 into 80m free CMKX and a 20% free ratio on all jvps. Instead you chose to bash CMKX no end. YES that is right;I left this board and changed my name, but I followed the opinions I put forth here. I expect to be well rewarded for my efforts.
Posted by will on :
As long as they're free, Doji, Waveslider. Unfotunately, you paid nothing for nothing now. You did all that learning and trading for nothing.
Posted by Wallace#1 on :
Yes, VAN, a stick of gum, 1 tic tac and a pile of worthless paper. They will be your rewards.
1-CMKX formalized last PR with an 8k A: Is that the one where UC states he is incompetent? 2-Additional share structure discovered in 2nd to last PR (Max float 166b) A: La la land dreamer! 6-one drill operating A: And more than likely doing no drilling and broken down. 7-No need for more because aerial survey meets Canada's for claim maintenance A: Right, just sit around and do nothing except steal from shareholders. 8-Located the big Oreo A: You can bet there would have been something said about that in a PR if it were true....or are you bringing Melvin back into the picture?
My thought was VAN, but, Will, you could be right!
Posted by Wallace#1 on :
Notice Tango's "list in order of importance" involves just CMKX and related outfits? Now there's a portfolio for all to envy!!!!
Posted by TANGO42 on :
OK see you guys missed #3,4,5 ? and please keep in mind all pennys do not exceed 5% of my portfolio.
Posted by will on :
"3-ACCADDACCA scam was put dowm about CITI"
I see, now that this is exposed as a scam that makes it better than a hopeful buyout rumor of .20. A little difficult to understand, but ok. How's that? Y'all don't have waste energy speculating over the buyout anymore, it's not a dead issue.
Posted by TANGO42 on :
Spent no time on CITI buyout, NO PR-Pretty simple really. PS: Actually it was Melvin mention of a certain item before he left that was the final clue to OREO.
Posted by will on :
You deny that the other faithful had their hopes tied to that rumor of a buyout, because of an unauthorized decal and their pos car? C'mon that's all they could think about.
Look good that your average buy price is .0000, wonderful. How could anyone criticize that position. I think must of the "negativity", as you put it is reserved for those with higher average buy prices who pump this for no reason other then they refuse to see the facts of the situation. They already know there isn't any profit in pumping this dead dog's ass. They just do it now to not admit an error in judgement.
Posted by TANGO42 on :
No one has ever identified themselves to me as " one of the faithful" I would think that description is very different from most who bought on a friend or relative recommendation, something I have never offered anyone. as a matter of fact my motto is "belief is the disease knowledge cures-Unknown" Sure Wallace will know though then I can properly credit. And WILL you have entirely missed the point. My first 4m I bought @ .04 over 5 years ago, trading the jvp's is what reduced the overall package.
Posted by glassman on :
They already know there isn't any profit in pumping this dead dog's ass. They just do it now to not admit an error in judgement. kinda like politicians... Posted by will on :
Your skill and ability to trade and/or make money isn't the issue here. It is the condition of this company and where the "faithful" think it is headed, and how they try to convince others to waste their hard earned monies buying it. It's about to be shut down. Now y'all are coming around singing the hymm, "God told me to buy the jv's, and I told you", sorry that won't wash either. If you are Van, I will give you credit, I recall you pointing everyone in the direction of the jv's early on, and a good swing trader could have made money. ..but don't come here trying to tell anyone CMKX is alive and well. It's VERY sick and about to be burried.
Posted by glassman on :
Tango, we used to have anohter guy from the midwest who liked dance..VNGNTN1....he posts somewhere else now... cmk? corrupted him too...he seemed pretty sharp 'till he drank the koolaid... Posted by bill1352 on :
-Additional share structure discovered in 2nd to last PR (Max float 166b)
please explain as there has been no word from the company as to any share structure that could in any wild dream come up with that number. we won't even begin on how out right foolish & crooked a company would need to be to have a 166 BILLION float
3-ACCADDACCA scam was put dowm about CITI
credit given when due..at least ya didn't buy into that
4-AZTM PR's 6b valuation in Alaska & adds more claims in Manitoba
if you own this stock good but it means nothing to cmkx 5-all jvp's up a bit this week
oh boy, again if you bought some of these good to those that have divy shares its meaningless.
6-one drill operating
ok lets use your number of 166 billion in the float..can you say crooked company??? if all they got for 166 billion shares was 1 da** drill rig & an old used 1 at that somebody needs jail time
7-No need for more because aerial survey meets Canada's for claim maintenance
???????????????????????????????????????????????? & shareholder value comes from what??? aerial surveys???
8-Located the big Oreo
i'm sure they did & its been on the pink sheets for over 2 yrs now they are also refered to as shares of cmkx. they do nothing for shareholders but UC sure enjoys his new home & loves those races cars
Posted by glassman on :
You see gentleman if you would have spent more time on learning and trading, you too could have turned $5000 into 80m free CMKX and a 20% free ratio on all jvps. Instead you chose to bash CMKX no end. YES that is right;I left this board and changed my name, but I followed the opinions I put forth here. I expect to be well rewarded for my efforts.
instead? iv'e been trading other stocks and making profits all along.... i could buy in anytime now if i wanted too? UGH! i sleep pretty good at night too, since i told everybody to stay away when it was .0004..
tell Debbi i said shaving is no problemo either... i'm not too fond of hypocrites, Jesus wouldn't tell anybody to buy this i'm very sure of that... too bad those orphans are all still waiting on UC to deliver...
[ April 09, 2005, 20:34: Message edited by: glassman ]
Posted by TANGO42 on :
SKILL & ABILITY TO TRADE isn't an issue? WHAT ELSE IS THERE. How have lost many dollars on hundreds of companys, And made far more on others. This is what trading is about. I do not worry about a stock that is a loser, I currently have several and have not sold because I have information that shows potential-CMKX is one of those
Posted by bill1352 on :
I have information that shows potential-CMKX is one of those ....they do have potential unfortunatly for those that hold cmkx shares it will never do the pps of those shares 1 bit of good. now if a new honest company bought those claims i might risk a few dollars on them. but if UC was in any way involved (that is if he stays out of jail) i'm bashin a new stock...lol
Posted by will on :
You have information. You make it sound like you have privilaged information. You have nothing, but theories, wishes, hopes, rumors, and 80M wothless shares of pos company. Like I said if you made money trading the jv's that's great, but don't come here saying you have information that tells you this crap has potential. If you did have information I don't suspect you could share it without exposing the "Master Plan" or tipping off DeBeers LOL. Here we go back to the same bullsh*t! All I see is inuendo from you. "I have information", RIGHT.
Posted by glassman on :
80million shares at .0001 is? 8k$...
8k$ of GTEL at .08 on DEC 15th? 100K shares...
today? 35K$ +.... and that was just one simple trade...LOL
glassman Member
Member Rated: 4 Icon 1 posted December 14, 2004 09:40 Profile for glassman Send New Private Message Edit/Delete Post lot's of buying this AM
I am sorry but I question anyones investing skills that think 166 Billion float is even good. No matter that its not true. Any real investor can see this scam for what it is. It sold shares on a dream of diamonds.
If you claim that this company has any legitamcy after hiding financials for 2 years on a lie while they diluted shares to 703 billion shares and drove the value of the shares to .0001 while giving investors hope. It wouldn't matter if they hit the motherload now. The SEC will revoke on the lie and the o/s is so high its unreal and could never move.
Posted by Wallace#1 on :
And you took as gospel anything Melvin said? Including the stupid Oreo thing? Is that part of the famous "lock box" or safe stash? By now you must know that anything Melvin said can be totally dismissed. Similar to the Mt St Helens statement?
If that Oreo thing was a reference to claims between maybe DeBeers' and Shore Gold's claims (or anyone else's), again, a waste of breath. Even they have found nothing valuable enough to mine profitably....by their own admission.
[ April 09, 2005, 22:45: Message edited by: Wallace#1 ]
Posted by Wallace#1 on :
Glass,
That was pretty good. How in hell did you ever remember VAN's user ID? I forgot it as soon as he moved on.
Posted by TANGO42 on :
Let me clear up one item that was challenged, below is a paragraph from the second to last PR
"CMKX's stockholders should realize that among publicly traded securities, two different standards exist for providing disclosures to investors. First, companies with a class of securities registered under Section 12 of the Exchange Act that are current in their obligations as a registrant ("reporting issuers") provide annual, quarterly and periodic reports on Forms 10-KSB, 10-QSB and 8-K, in addition to other reports for small business issuers such as CMKX. The second category contains companies that do not have a class of securities registered under the Exchange Act ("non-reporting companies")."
Please note it says we are a small business issuer. Small business issuers have a maximum capitalization of $25m using the highest closing price in last 60 days. - - - - The 166b float mentioned above was calculated by someone smarter than me. My attempts were actually lower.
Posted by Ric on :
Willy's room is full of morons. Oogie said a friend of his got a letter From a broker Pershing that offered him 100 a share for 10,000 of his shares. roflmao
Gawd, Citi falls through at .20 so they go all out at $100 a share. roflmao can't stop laughing
Posted by glassman on :
quote:Originally posted by Wallace#1: Glass,
That was pretty good. How in hell did you ever remember VAN's user ID? I forgot it as soon as he moved on.
i was "cursed" with an unusual set of memory skills.. (how do you think i recognised apenorm as repoman?)
this stock is freaking wierd...these guys are either paid pumpers or they just plain don't deserve to have any money...i dunno... it makes NO SENSE whatsoever to play this while there are so many other stocks you can play... if the world flips on its axis somehow and it does runup i still have plenty of time to buy in..LOL
think about it... you need quite a "sales force" to sell 780 billion of anything, i tracked a lot of these "pumpers" from their first post...
a lot of them actually posted on other stuff for a while before became totally "blinded" by the diamond sickness....
WWJD posted on a lot of other threads BEFORE she started onto cmk?...but bam bam went right to cmk?... look at their profiles... they have alot in common...
something about religion and cmk? ????? faith? or was it some sort of a marketing gig? i dunno but it's just wierd, and i really dislike people who use religion as a marketing tool, whether it's a product or politics or stocks...or the 700 club selling retirement condos in VA Beach( Pat Robertson pays no city taxes on that and the taxbreaks are HUGE) the door to door bible salesman? (talk about the cliche flim-flam man)
Debi and her orphans made me want to gag...buy cmk? so you can build orphanges--Jesus wept(and i mean that literally)
Posted by bill1352 on :
Glassman, you wouldn't be suggesting that some of the ppl that first believed in cmkx were plants would you? that cmkx thought that a bunch of ppl talking about getting rich on a .000something stock might sell shares? that sponcering a race car would market stck shares? that a citi bank debit card & a citi bank sticker on a race car might start rumors? if such was true then those JV companies are also less then honest & we know penny stocks are the most honest of all public companies. just because the canadian companies that operate under much stricter rules have said nothing about those claims is meaningless. Glassman to suggest such a thing is just plain truthfull
Posted by TANGO42 on :
Here we are all the faithful in church, we can share some secrets ?? CMKX=BAD EVERYBODY ELSE=STUPID Ha Ha Ha Ha
Posted by will on :
That doesn't make any sense, wtf are you trying to say?
quote:Originally posted by TANGO42: Here we are all the faithful in church, we can share some secrets ?? CMKX=BAD EVERYBODY ELSE=STUPID Ha Ha Ha Ha
Posted by glassman on :
it's the kool-aid talking.... i think some of them have been "on the bus" too long.. Posted by legaleagle on :
quote:Originally posted by glassman: Tango, we used to have anohter guy from the midwest who liked dance..VNGNTN1....he posts somewhere else now... cmk? corrupted him too...he seemed pretty sharp 'till he drank the koolaid...
Glass, actually Van went on to be an admin at CT as well. He is currently assisting about 1400 members there with their investments. Not just CMKX but in many areas of trading. Don't worry about Van he is doing very well for himself in CMKX, the JV's and a myriad of other investments, and spends his time in a postive environment helping other people on the road to prosperity. He doesn't have the time of day for this onslaught of negativity pumping, name calling and "faithful" bashing. Maybe I should follow his lead on that, as well.
Posted by will on :
I have mixed emotions about that, noah. I'd like to see you gone, completely gone, but then who would I laugh at? Don't leave until it's 100% positively worthless. I hope they get suspended for a year not revoked, then I can listen to another year of your bullsh*t. LOL One of your mopes already started by saying, if suspended for a year the NSS will be hanging out there until trading resumes. LOL Just think another year of this! I loved to see you broke, but holding a pos you can't sell for .00005, that you paid far more for is close enough for now.
quote:Originally posted by legaleagle:
quote:Originally posted by glassman: Tango, we used to have anohter guy from the midwest who liked dance..VNGNTN1....he posts somewhere else now... cmk? corrupted him too...he seemed pretty sharp 'till he drank the koolaid...
Glass, actually Van went on to be an admin at CT as well. He is currently assisting about 1400 members there with their investments. Not just CMKX but in many areas of trading. Don't worry about Van he is doing very well for himself in CMKX, the JV's and a myriad of other investments, and spends his time in a postive environment helping other people on the road to prosperity. He doesn't have the time of day for this onslaught of negativity pumping, name calling and "faithful" bashing. Maybe I should follow his lead on that, as well.
Posted by legaleagle on :
quote:Originally posted by will: I have mixed emotions about that, noah. I'd like to see you gone, completely gone, but then who would I laugh at? Don't leave until it's 100% positively worthless. I hope they get suspended for a year not revoked, then I can listen to another year of your bullsh*t. LOL One of your mopes already started by saying, if suspended for a year the NSS will be hanging out there until trading resumes. LOL Just think another year of this! I loved to see you broke, but holding a pos you can't sell for .00005, that you paid far more for is close enough for now.
Reaffirming what I stated in a recent post about the kind of fear that evokes such animosity and negativity.
Posted by legaleagle on :
United Carina Resources Corp. has entered into an option agreement with Entourage Mining Ltd. whereby United Carina granted Entourage the right to earn a 20-per-cent interest in certain claim blocks consisting of 14,529 hectares (35,800 acres) of prospective uranium properties located in the Hatchet Lake area of the eastern Athabasca basin in north-central Saskatchewan.
The properties are contiguous and have been subject to previous exploration for uranium; one surface showing yielded assays ranging from 0.3 per cent U3O8 to 1.4 per cent U3O8. An additional claim block in the area, that has been staked but not yet registered, will become part of the agreement upon registration. The properties are located 30 kilometres north and northeast of four known uranium deposits (Rabbit Lake, McLean Lake, Collins Bay and Eagle Point). United Carina will be the operator of the project and Dave Billard, of Saskatoon, Sask., will be the qualified person for the project.
To exercise its option and acquire the 20-per-cent interest, Entourage will make a cash payment of $40,000 to United Carina and participate in the exploration program by making expenditure contributions of $100,000 per year for two years for a total of $200,000 over two years.
The Athabasca basin of Northern Saskatchewan contains the most significant high-grade, low-cost uranium deposits in the world. The deposits defined to date collectively contain, or have produced, almost 1.5 billion pounds U3O8.
When the transaction is concluded, ownership in the properties will be United Carina 40 per cent, CMKM Diamonds Inc. 40 per cent and Entourage 20 per cent.
Posted by will on :
LOL
"Reaffirming what I stated in a recent post about the kind of fear that evokes such animosity and negativity."
fear? WTF are you talking about. Fear of what, you and your band of fools? Iron Bob blowhard? You going to have me disappeared. Fear of being inundated with bullsh*t maybe.
Posted by glassman on :
legal, i'm glad that Van is doing OK..
ithe "animosity" and "hate" is EZLY explained...
780 billion shares HAVE been sold... there is NO rational explanation for this it's INEXCUSABLE...
i don't care how you try to paint it? it's lunacy.. and i was polite to quite a few of the "faithful" for a long, long time...
i make mistakes...and i learn from them...in CMK? these people including YOU are either too dumb to learn from your mistake OR you are "in" on it...
Posted by legaleagle on :
quote:Originally posted by will: LOL
"Reaffirming what I stated in a recent post about the kind of fear that evokes such animosity and negativity."
fear? WTF are you talking about. Fear of what, you and your band of fools? Iron Bob blowhard? You going to have me disappeared. Fear of being inundated with bullsh*t maybe.
You will have to answer the "fear of what" question for yourself. I already posted my thoughts on it. I think you are afraid of being wrong and paying a tremendous penalty for it. But these symptoms have been linked to other inadequacies as well. So I could be wrong.
Posted by legaleagle on :
quote:Originally posted by glassman: legal, i'm glad that Van is doing OK..
ithe "animosity" and "hate" is EZLY explained...
780 billion shares HAVE been sold... there is NO rational explanation for this it's INEXCUSABLE...
i don't care how you try to paint it? it's lunacy.. and i was polite to quite a few of the "faithful" for a long, long time...
i make mistakes...and i learn from them...in CMK? these people including YOU are either too dumb to learn from your mistake OR you are "in" on it...
Glass, there is a rational explanation for the high OS. It has been theorized on here, over and over. It is possible that when Urban saw that he was being naked shorted to death, that he began selling more shares at a higher price and buying them back at a lower price, in order to trap the naked shorts. Under that scenario, he would make a healthy profit for the company and when all of the shares repurchased in his and his family's name were certed, the balance of shares remaining uncerted would all be naked shares, and would then be the resposibility of the shorters to make good on them.
The main point now is, that until we know the "float", my theories and yours are useless clanging of the bell.
Posted by will on :
I think it has been answered, pal, for me at least. For you, it's coming, the SEC will put a lump in your throat and probably in your pants too.
Posted by legaleagle on :
quote:Originally posted by will: I think it has been answered, pal, for me at least. For you, it's coming, the SEC will put a lump in your throat and probably in your pants too.
CMKX expects no favors from the SEC. These are the government people who are out to "protect shareholders" right? They of course are immune from pressure from the DTCC, Brokerages and major Corporations. LOL And CMKX is so afraid of what they can do, that IBM pokes 'em with a stick every time he answers. Whatever occurs on April 25, if it isn't continued by the Judge or the SEC, whether suspension, delisting or revocation, CMKX has already made a contigency plan for moving their valuation and the loyal shareholder base. IMO.
Posted by Ric on :
You forget Will they will all be gazillionaires from cmkx with the new $100 a share rumor, I mean fact. The letter the koolaide pourer got that hes not going to show us because we made fun of him in the room that said he was offered $100 a share from his broker for his shares.
With all that money they can get you, so you better hide. roflmao. Really can't stop. Stock you can buy for less then .0001 is being sought from a investor from his broker for $100 a share. lol. Please stop it. The laughing is hurting my side.
Posted by legaleagle on :
quote:Originally posted by Ric: You forget Will they will all be gazillionaires from cmkx with the new $100 a share rumor, I mean fact. The letter the koolaide pourer got that hes not going to show us because we made fun of him in the room that said he was offered $100 a share from his broker for his shares.
With all that money they can get you, so you better hide. roflmao. Really can't stop. Stock you can buy for less then .0001 is being sought from a investor from his broker for $100 a share. lol. Please stop it. The laughing is hurting my side.
Ric, do you have a link for that $100 a share rumor or are you just using the ramblings of some idiot from Willy Wizards Underground as a brush to try and paint wide strokes on the "faithful"?
Posted by Ric on :
CMKX expects no favors from the SEC???? Is that like the bull UC spouted that by revoking they registration they would move to the non-reporting pinksheet. roflmao. Is UC that dumb or does he just know the faithful is? Or when he said that even if the SEC made them be quiet. The SEC never said anything like this. He just said that to let the faithful believe its the SEC's fault for not reporting. He's good. You have to love the IF statement in pinks. Lie to investors and the SEC and then tell everyone to trust me. Con men make there living with this tatic and UC looks to be very good at it.
Posted by legaleagle on :
quote:Originally posted by Ric: CMKX expects no favors from the SEC???? Is that like the bull UC spouted that by revoking they registration they would move to the non-reporting pinksheet. roflmao. Is UC that dumb or does he just know the faithful is? Or when he said that even if the SEC made them be quiet. The SEC never said anything like this. He just said that to let the faithful believe its the SEC's fault for not reporting. He's good. You have to love the IF statement in pinks. Lie to investors and the SEC and then tell everyone to trust me. Con men make there living with this tatic and UC looks to be very good at it.
He must be "very good", he has been doing this for years under the watchful eye of the SEC. And yet all they can do is question him about an irregularity on shareholder count??? Gimme a break. How poor of an investiagtive staff are they working with?
Posted by Ric on :
Your right, As I said he refuse to provide evidence after people started asking for proof. He said that if you didn't believe him he wasn't going to show them. roflmao. I know you don't believe that but you still use theories yourself because there is no facts. UC's double talks nothing more.
Talk about others in the region and how they are doing while UC has provided nothing in the form of proof. Say this is a secret industry but others are talking about there claims. Why point out others successes and claim when we have to keep ours secret, how funny.
Lie to SEC so we don't have to report and hide the fact he diluted shares to 703 billion shares. Well really 779 billion. I don't care if float is 100 billion the shares are dead at that number. Get real and understand investing 101. O/S and Float mean something when it comes to valuation and stock pps.
Posted by glassman on :
The main point now is, that until we know the "float", my theories and yours are useless clanging of the bell.
either way?
there are places where your money will actually grow while you wait to find out how many hundreds of billions there are..LOL..
what a waste of time...
Posted by Ric on :
Hey the SEC has so many it takes the glaring facts to get them in. Look at Enron. Geez they conned more money then this POS. Who ever said the SEC was bright. Not as many people but more money. This one got the housewives and the blue collar people.
Posted by legaleagle on :
From that other board:
xxdiamondchildxx Dr. Of Diamonds
member is offline
Posts: 188 *Why does CMKM have a "BRING IT ON" attitude?..... « Thread started on: Today at 10:57am »
-------------------------------------------------------------------------------- As Andy Hill has stated, the last two PR's have more meat than most are reading and digesting. The company, based on Andy Hill's comments, give you the feel that they are looking forward to the SEC's proceedings. You have to ask yourself, why the confidence and "BRING IT ON" attitude? CMKM Diamonds, Inc. basically brought attention to itself in a negative light by telling the SEC of the error they found in Form 15 about the actual number of shareholders that was discovered. Again, if CMKM Diamonds, Inc. was financially destitute/desperate and riddled in the world of "scam"; why open up and reveal this to the SEC so freely at a pivotal point in the company's existence. In fact, the company stated that "Management does not believe the filing of the amended Form 15 had anything to do with the Commission's decision to institute the administrative proceeding". If not Form 15, then what dominates the thoughts of the SEC to institute this proceeding. Please read this blurb from CMKM Diamonds, Inc.'s PR (link provided below):
"When the error in the Form 15 was brought to the board's attention, it was incumbent upon us to take corrective action, regardless of CMKX's ability to file all delinquent reports within the stated 60-day timeframe. We could not continue to have a clearly inaccurate document filed with the Commission, when we knowingly had more stockholders of record than was stated in the Form 15 filing," stated Robert Maheu, co-chairman of CMKX. On February 17, 2005, CMKX filed an amended Form 15 to revoke the previous filing and reinstate its reporting obligations under the Exchange Act. Management does not believe the filing of the amended Form 15 had anything to do with the Commission's decision to institute the administrative proceeding."
CMKX Shareholders, I feel a company reveals it's inner most errors and feels good about an SEC proceeding when IT HAS A LEG TO STAND ON AND WHEN IT HAS SOME WAY TO EXIT THE SITUATION AT HAND WITH SURVIVAL AND SUCCESS.........and as Urban has implied via Andy Hill, CMKX Shareholders will go along for the ride.
Again, just some more "food for thought" for all to ponder on.
God Bless to all!
Peter
Posted by Ric on :
Thats right, bring a paid pumpers thoughts into it. He so unbiased. roflmao
Posted by legaleagle on :
quote:Originally posted by Ric: Your right, As I said he refuse to provide evidence after people started asking for proof. He said that if you didn't believe him he wasn't going to show them. roflmao. I know you don't believe that but you still use theories yourself because there is no facts. UC's double talks nothing more.
Talk about others in the region and how they are doing while UC has provided nothing in the form of proof. Say this is a secret industry but others are talking about there claims. Why point out others successes and claim when we have to keep ours secret, how funny.
Lie to SEC so we don't have to report and hide the fact he diluted shares to 703 billion shares. Well really 779 billion. I don't care if float is 100 billion the shares are dead at that number. Get real and understand investing 101. O/S and Float mean something when it comes to valuation and stock pps.
Originally posted by Ric: [QB] Your right, As I said he refuse to provide evidence after people started asking for proof. He said that if you didn't believe him he wasn't going to show them. roflmao. I know you don't believe that but you still use theories yourself because there is no facts. UC's double talks nothing more.
A) When the company reinstated it's filing status, in preparation for releasing the information of the audit, they were almost immediately suspended, and charges preferred. So who stopped the process, not Urban. It was the people who really don't want the truth out.
And P.S. You have been ROFLMAO so much today that you must be nearly A$$LESS by now.
Ric said: Talk about others in the region and how they are doing while UC has provided nothing in the form of proof. Say this is a secret industry but others are talking about there claims. Why point out others successes and claim when we have to keep ours secret, how funny.
A) Apparently the "others" in the area do not have enough to be a "target". And what makes you think they are telling "ALL"?
Ric said: Lie to SEC so we don't have to report and hide the fact he diluted shares to 703 billion shares. Well really 779 billion. I don't care if float is 100 billion the shares are dead at that number. Get real and understand investing 101. O/S and Float mean something when it comes to valuation and stock pps.
A) First, our share structure was known last fall to be at least 779 billion OS with the divy distribution. It was also found to be 1.56 trillion with the CIM distribution. If you don't understand what a naked short of 679 billion or 1.46 trillion will do to the pps then you should be back in Investing 101.
Posted by legaleagle on :
quote:Originally posted by Ric: Hey the SEC has so many it takes the glaring facts to get them in. Look at Enron. Geez they conned more money then this POS. Who ever said the SEC was bright. Not as many people but more money. This one got the housewives and the blue collar people.
Well most here seem to think that the SEC is going to be the "undoing" of CMKX. So with your assessment and mine, we really shouldn't be placing much emphasis on April 25 should we?
Posted by Ric on :
Thats crazy talk. Are all of the faithful math stupid. Do any of you know what the number 1.56 trillion is and how many per day of shares it would take to get to that number. But thats right UC would do anything to throw us off. And the fact he refuses to say its not dilution its NSS tells you volumes.
Posted by legaleagle on :
quote:Originally posted by Ric: Thats right, bring a paid pumpers thoughts into it. He so unbiased. roflmao
PAID PUMPER ??? diamondchild is a CT board member with 72 posts since October. You put that many negativity pumps out while you're rolling on the floor.
Posted by stocksss on :
legaleagle, pardon my french, but get the s**t out of your eyes. This stock is a piece of crap. It's about time you realize that.
If you don't believe me go out and buy another 10,000,000 shares Learn the hard way.
Posted by legaleagle on :
quote:Originally posted by Ric: Thats crazy talk. Are all of the faithful math stupid. Do any of you know what the number 1.56 trillion is and how many per day of shares it would take to get to that number. But thats right UC would do anything to throw us off. And the fact he refuses to say its not dilution its NSS tells you volumes.
With the two day trading we saw a couple of weeks ago, Ric, it would take 40 trading days.
Posted by Ric on :
Dr. Of Diamonds duh
quote:Originally posted by legaleagle:
quote:Originally posted by Ric: Thats right, bring a paid pumpers thoughts into it. He so unbiased. roflmao
PAID PUMPER ??? diamondchild is a CT board member with 72 posts since October. You put that many negativity pumps out while you're rolling on the floor.
Posted by legaleagle on :
quote:Originally posted by stocksss: legaleagle, pardon my french, but get the s**t out of your eyes. This stock is a piece of crap. It's about time you realize that.
If you don't believe me go out and buy another 10,000,000 shares Learn the hard way.
I did that before Ameritrade refused buys. And thanks for that educated DD.
Posted by Ric on :
By the way azz is about gone from the rof. Please no more.
Posted by Ric on :
I do agree that float does determine at the moment movement during fluxuation. But float does not determine overall valuation or pps. The o/s does and thats 703 billion any way you look at it. For a low float to move a stock price it must has a place to move in. When its already at bottom with a over valuation then it doesn't matter what the float is. Also those hoping that DTC will have to pay up on naked short it could happen. But if there is NSS, which I don't believe because the size of o/s, then the court will provide the holders with there fair share. And looking at a 703 billion dollar company its at .0001. The court maybe nice enough to give back purchase price at least since the value of the company is less then paid price. But those thinking that they will get .20 are crazy. I hear it all the time, I will hold out and make them pay. Its not up to you. It the government and they won't hurt the market for you, get real.
Posted by Ric on :
But since the SEC will revoke soon, then none of this matters.
Posted by legaleagle on :
Posted by will on :
You all notice how conveniently noah ignored commenting on this, and distracted us with whatever nonsense he's been spewing today.
quote:Originally posted by will: Now, y'all remember the 19 things that make you say hmmmmmmmm about this pos?
noah's angle is this. He reposts tripe from these other mopes, and leads you to believe their point of view has validity just by virtue of posting them. True, he didn't say it , but true he doesn't deny this nonsense either.
Here's a few hmmmmmm things from an earlier post by noah:
#18... Citigroup has a total assets of $720 billion and operations in over 90 countries.
#19.... Citigroup buyouts include.... Mexican banking powerhouse Banamex, E-Serve, Financiero Atlas (the No. 2 consumer finance company in Chile), Shinsei Bank, Travelers Property Casualty Corp (paid $42.49 PPS), Schroders PLC, merging Bank Handlowy with Warszawie SA (creates Poland’s leading financial institution), Argentina’s Grupo Siembra (a retirement-services group), Citigroup acquires Associates First Capital Corporation. (the biggest U.S. consumer-finance company), Diners Club, and others.. According to documents filed with the U.S. Securities & Exchange Commission, Citigroup Investments holds shares in 3,148 corporations including mining. http://www.endgame.org/citigroup.html
Posted by tic_toc on :
If you folks dont calm down i'm gonna set this guy on ya...
will, actually my "angle" here in posting other peoples' posts is to bring a level of discussion to this board that doesn't include outhouses, beastiality and barbeques. "Urban is a crook", "This a SCAM", "Just a POS". I have to say, is not DD. Due Diligence means going out and finding the available facts on a stock, and in their absence to garner reasonable opinion on the facts that are known. All you negativity pumpers can find in DD is 779 billion shares OS, yet each of you know that makes no differnce in a NS squeeze play. What matters in how many of those shares Urban and family own, and will retire at some point.
Posted by glassman on :
well legal, it's too bad you didn't take that 10K$ and buy gtel...you'd be lookin' pretty good right now... it's not too late..BUT i guess you'd only get 5K$ for the shares now...OH, yeah that's still better than nothing.....which i 'spect could happen...
Posted by legaleagle on :
glass, I have an extensive portfolio beyond CMKX and JVs and some have done very well thank you. I just can't figure out if you are pumping GTEL or Glassman here today.
Posted by Upside on :
originally posted by legaleagle:
quote:will, actually my "angle" here in posting other peoples' posts is to bring a level of discussion to this board that doesn't include outhouses, beastiality and barbeques.
What's wrong with barbeques? I can live without the other two but don't take my grill! As a matter of fact, I'm going to fire it up right now!
Posted by Ric on :
Legal a barbeque basher. You can't get my barbeque cheaper. Its mine and I love it no mater what you say about it. You can really tell that the barbeque is good. Why bash a bad product. JMHO
Posted by stocksss on :
lol Ric
Posted by glassman on :
quote:Originally posted by legaleagle: glass, I have an extensive portfolio beyond CMKX and JVs and some have done very well thank you. I just can't figure out if you are pumping GTEL or Glassman here today.
i don't have to "pump" gtel...this is much more like catching a ride on a train...lots of forward momentum...
consider it a "favor"....
Posted by Wallace#1 on :
legal,
You wrote: "All you negativity pumpers can find in DD is 779 billion shares OS,..."
Where have you been all this time, legal.
The miniscule discovery of 2 specs of diamonds is DD. The lack of discoveries anywhere else is DD. The ambiguous PRs is DD. UC's past history is DD. The promises unkept is DD. The secrecy is DD. The fact that financial information is being withheld is DD. The one drilling rig is DD. Those pictures (especially the duct tape)you posted were DD. UC's $5mil home is DD. The switching of money/stock back and forth is DD. Giving $1mil of shareholder $$$$s to CIM or the son is DD. Combining all the flyovers and presenting them as just CMKX's is DD. It goes on and on. Never any operating revenues?
What do you have to show? Potential? A bunch of unproven claims on which UC himself (or someone at his direction) placed the value. And don't give me that crap about gold (a truck load of dirt), uranium, etc. No mention of his trying to pull this same stunt in earlier years? No mention of his questionable past? No mention of the questionable pasts of associates and persons with associated mining companies (JVs)?
Legal, WHAT THE HELL DO YOU THINK DD IS?????
Posted by legaleagle on :
Legal, WHAT THE HELL DO YOU THINK DD IS????? [/QB][/QUOTE]
I know very well what DD is. All you posted was a lack of information from the company.
W) The miniscule discovery of 2 specs of diamonds is DD.
A) That is all that they announced. Did you also note the part where the rest of the samples were locked up in a secured warehouse, or does that not fit your scenario. Think they locked up just a few more "flakes"?
W) The lack of discoveries anywhere else is DD.
A) The lack of announcing any more discoveries is essential when under attack.
W) The ambiguous PRs is DD.
A) The ambiguous PRs are security.
W) UC's past history is DD.
A) What? Some innocuous civil lawsuit from a disgruntled customer? And I don't believe you ever showed a final outcome that proved Urban had done anything wrong.
W) The promises unkept is DD.
A) Sometimes promises can't be kept due to unforseen circumstances; like the second GEMM divy. I think he would have kept that one if the NS was so large that there weren't enough to go around.
W) The secrecy is DD.
A) The secrecy is essential to security.
W) The fact that financial information is being withheld is DD.
A) You don't know why financial information is being withheld. It seems to me that if the company has been naked shorted to 1.56 trillion shares, then they may not know what the valuation to share ratio is, since the total of shares is unknown. Can you evaluate a company without the P/E ratio?
W) The one drilling rig is DD.
A) Do you know that we only own one drill rig? What PR did you pull that from? Do you know that we are not renting drills? Do you know how many of our sites are being drilled by JV's?
W) Those pictures (especially the duct tape)you posted were DD.
A) I know you got a big hoot out of the duct tape, so I let it go at the time. But what are you trying to imply, that they are duct taping pipes together for drilling? Is that the kind of DD you do?
W) UC's $5mil home is DD.
A) Actually it was like $3.5 million. And I guess it will take a little more time to see if he has earned it or not. By the way, while you were doing your due diligence, did you discover the financing arrangement for that purchase, or are you assuming it was a cash deal?
W) The switching of money/stock back and forth is DD.
A) Guessing again and calling it DD? You can do better than that. And isn't swapping money and shares the way we all invest?
W) Giving $1mil of shareholder $$$$s to CIM or the son is DD.
A) Again do you know where the money came from or did you just throw that out there to support your negativity pump here? If he did use "shareholder" money in support of CIM then I am quite happy to keep the Zinc Mine functioning since I have a considerable holding in that stock.
W) Combining all the flyovers and presenting them as just CMKX's is DD.
A) The purpose of a TDEM is to establish probability of diamondiferous anomalies. If they covered our holdings, I don't care if some other companies contributed to it and saved us some money. That would be the smart thing to do. And you find that a negative huh?
W) Never any operating revenues?
A) So you have examined the books that no one else has been able to see? Now that is good DD.
So once again Wallace, you prove my point that you haven't done any effective DD. You take the absence of pertinent information and call that DD, when it is only your shopping around for any question you can raise to support your negativity.
If you think what you posted above is DD, then perhaps you too need to go back to Investing 101, aw well.
But those who have been around awhile recognize your attempts to exploit the void of information to promote your agenda.
Posted by legaleagle on :
Hunter S Thompson Dr. Of Diamonds
member is offline
Gender: Posts: 236 Todays DATELINE NBC « Thread started on: Today at 8:05pm »
I just watched the show to see what could have been so important to cancel the STOCKGATE SCANDAL, and I must tell you that all the segments were POINTLESS!!!!
SEGMENT REVIEW....
1. SOME GOLDDIGGER with fake boobs complaining that her rich doctor husband left her. Well the guy actaully fled cause he was doing unnessecary nose surgerys. OK, THIS WAS NOT NEEDED TODAY
2. RUBAN from AMERICAN IDLE. This guy has enough airtime, this was pointless. OK, THIS WAS NOT NEEDED TODAY.
3. Something about a boxer that got killed, and some guy who caused it and the kids son who wants answers. This was the the most pointless thing all "nite". THIS WAS NOT NEEDED TODAY
So I ask all my fellow CMKX'ers to know that for sure someone has stepped in and stopped the airing of STOCKGATE IMO. DATELINE has lost a viewer, well at least until they air STOCKGATE!!!!!!!!!!!!!!!
Posted by Wallace#1 on :
Legal, sorry to have to say it, you are full of crap!!!
Posted by Wallace#1 on :
Here's one of the best: "Can you evaluate a company without the P/E ratio?" **************************************
Of course I can!! Try it, you may learn something about stocks, financials, management, industries, etc. as important aspects in evaluating a company when some parts are missing. You're in pretty bad shape if you cannot evaluate a company without the P/E ratio.
Posted by legaleagle on :
quote:Originally posted by Wallace#1: Legal, sorry to have to say it, you are full of crap!!!
Now that's DD worthy of a Wall Street Guru
Posted by Wallace#1 on :
Not really. It has become obvious....no DD needed. Now go off and find something to repost that is meaningless.
Posted by will on :
I think a better question is, how does noah remain so positive and manage to pump this pos with the same absence of information. Just the SEC suspension and on going investigation would lead any sober thinking person to take a negative position regarding CMKX. If that isn't enough DD for anyone with a brain, try 703B O/S.
OH YEA! Add the Citi Group fiasco to the above now. LOL You know the one he denied alluding to as a buyout prospect.
Posted by imakmony2005 on :
BEATING A DEAD HORSE.GETTY UP.....
Posted by glassman on :
it's called Blind Faith Posted by Wallace#1 on :
Yes, and they don't even try to use a cane.
Posted by will on :
Well there are at least two MAJOR facts known that makes this deal smell like ....! Suspension/Investigation + 703 O/S.
Those are facts. The faithful only have theories. I'll put my money on the facts and keep it right in my account, not in Urban's pockets.
Posted by Ric on :
DD, since when is the anwser of keeping it secret dd? Something in a warehouse is dd?? "The purpose of a TDEM is to establish probability of diamondiferous anomalies", since when is probablility dd except in Sterlings and Willy's room??? Divi's aren't dd. you got them you didn't or they lost them what ever thats not dd it's divies. But all said it was family businesses trading shares between each other so when one scam ended they could get you in the next.
Come on, all other mining companies don't seem to hide findings. Yeah thats right you say there not as big as CMKX. If they were so big why did they need to sell shares and the big question is why did Debeers not take that so called prime property. Debeers just let that lang go so a little pinksheet could take all the best finds.
But besides how does someone that smart do something like lie on a SEC form unless the where hiding the truth. That all they planned to do is rip off investors by selling shares.
Posted by Wallace#1 on :
Will, there are many, many more facts that the faithful refuse to acknowledge. I have yet to see anything from any of them that even slightly resembles DD....except Dumb-Dumb stuff.
Posted by Wallace#1 on :
By the way, Ric, that crap about something special being stored in a warehouse came from soothsayer Melvin. Just consider the source. I guarantee you, if they had found something of note, they would have blabbed it all over the place. I think that warehouse Melvin was talking about is the very same one with the duct tape. That's their level of security. Remember, not a soul to be seen and duct tape keeping anyone out.
Posted by will on :
I know Wallace, but those two alone should have gotten them to realize there is something seriously wrong. I am beginning to think that glassman has something there with his "in on it" theory. No one could be as stupid as these folks, and still be pumping a go nowhere .0001, oops, there isn't any .0002 buckle my shoe anymore. Have to rewrite the little ditty: .00005 / .0001 it's done.
Posted by Ric on :
I thought it was to house the hundreds of printing presses. There is no way one press could print this many shares, lol.
Posted by Wallace#1 on :
If it looks like a SCAM. If it sounds like a SCAM. If it acts like a SCAM.
I still think QUACK! QUACK! QUACK! is appropriate.
Posted by legaleagle on :
quote:Originally posted by Ric: DD, since when is the anwser of keeping it secret dd? Something in a warehouse is dd?? "The purpose of a TDEM is to establish probability of diamondiferous anomalies", since when is probablility dd except in Sterlings and Willy's room??? Divi's aren't dd. you got them you didn't or they lost them what ever thats not dd it's divies. But all said it was family businesses trading shares between each other so when one scam ended they could get you in the next.
Come on, all other mining companies don't seem to hide findings. Yeah thats right you say there not as big as CMKX. If they were so big why did they need to sell shares and the big question is why did Debeers not take that so called prime property. Debeers just let that lang go so a little pinksheet could take all the best finds.
But besides how does someone that smart do something like lie on a SEC form unless the where hiding the truth. That all they planned to do is rip off investors by selling shares.
Ric, now you've done it. That wasn't me calling that BS...DD, it was your leader.
Posted by Ric on :
My leader???? I am confused now. I thought that I was the leader. Of course, the leader of what might be the question.
Posted by Wallace#1 on :
Legal, there once was a poster on this thread with the UserID of noahltl. He was a cop/detective from Cincinnati, Ohio. If, as a police officer he had used your level of logic minced with your propensity toward wild speculation, I am sorry to say he must have helped send a large number of innocents to prison.
Posted by Wallace#1 on :
legal,
You wrote: "Ric, now you've done it. That wasn't me calling that BS...DD, it was your leader" ************************
Suggest you re-read Ric's post. Maybe the second time through, you will get it.
Posted by legaleagle on :
Wallace surely you know you are fighting a losing battle. Yes you fill up a lot of space here with negativity and you have your loyal band of "merry men" to come out in support of your rantings about the company and anyone who posts positive things about the stock. But I think it's time you knew that I receive PM's nearly every time I come in here from the "real people" out there who are looking for balanced information. You and your band have succeeded in thwarting any attemmpts by them to post here or give a differing opinion. Who wants to be attacked every time they offer positive information on CMKX? But what you don't see is the rising anger against your brand of negativity pumping. You take the "lurker" as being stupid and easily swayed. If you could hear from them what I hear, you would know that you are losing the battle. Your handful of supporters are the only folks you have on your side.
And by the way, noahltl was from Indianapolis if I remember correctly.
Posted by Dustoff101 on :
No more cool aid for me, no siree, my investment in CMKX is safe and has growing profits everyday.
I no longer am one of Wallaces merry men...I sit here all day waiting for my fearless leader U/C to call and tell me just how rich I truly am.
Posted by Binky on :
quote:Originally posted by legaleagle: Legal, WHAT THE HELL DO YOU THINK DD IS?????
If he did use "shareholder" money in support of CIM then I am quite happy to keep the Zinc Mine functioning since I have a considerable holding in that stock.
-------------------------------------------------
You keep referring to the George lake property as a working mine, when it is only a staked claim made for a showing of minerals at this stage. Will be many years ,if ever,before it is developed, IMO
[ April 11, 2005, 01:25: Message edited by: Binky ]
Posted by Wallace#1 on :
legal,
If I remember correctly, noahltl stated he was a cop/detective somewhere in Ohio....thought Cincinnati, but could be elsewhere. Could have been Timbuctoo, the concept identified would still apply 100%.
They are not my "band of merry men". Just a bunch of solid thinkers on their own asking pertinent questions and drawing obvious conclusions. I know this does not sit well with either you or your deputies. Too bad you all have closed minds. Just haul all those PMing you over to the CT forum where, I am sure, they will be pleased to hear the boiler room speculation and hype re CMKX instead of the facts pointing to CMKX's being a real bummer.
PS: Good luck, Binky. When are you going to be able to trade it? Ever?
Posted by ed19363 on :
This ceaseless bickering accomplishes nothing. Just make sure you have stock in the company that makes KY jelly.....You're gonna need it.
Posted by TANGO42 on :
MAYDAY,MAYDAY TANGO42 to tower. Engine out, Control surfaces frozen, Negative CMKX fog everywhere. Going down ::::Dumping certs out window to get lift......................
Posted by Ric on :
But you still sneak in here Ed. You have us all wrong here. Who said we were trying to accomplish anything.
Posted by Wallace#1 on :
Tango,
Dump them over the CT site. They will take any bit of garbage....even if it's free. Don't litter here! LOL
Posted by bill1352 on :
reading legels responces to ric & wallace are causing my brain cells to short out. did anyone see the movie "The Core" Rat a hacker had a line.."i couldn't think that slow if i tried" keep coming to mind. to attempt to understand why the cult does not include proven info as DD but will except any off the wall rumor is just too hard on the brain to grasp. us bashers can list numerous pr's events, the o/s, non-events as in no results, to back our belief. the cult has not 1 single positive piece of proof, not 1. the naked short is fueled by the divy on CIM, a non public company thus there is no real positive proof that 40 billion shares were given out. cmkx gets rid of melvin & now has andy...oh boy that sure has meaning. its not possible he talks out his bottom. the rest of the results locked in a wharehouse...hmmm i have some tests locked in my shed. guess i could say my wharehouse & not be lying. positive DD or logical guesses, the cult fails on both. the only bright spot is Mahoo, he at least has some kind of honest bone in his body. you can not tell me god-like roger didn't know there were over 500 shareholders, or UC or anyone connected to the inside of CMKX. if fact if i remember right some of the cult used that reasoning to believe reporting was coming soon last yr. my challnge to any cult member is bring 1 positve anything with proof, not you would have to believe crap or one would guess it means this garbage. 1 honest real piece of info that says value is coming with no loopholes. acres of claims is not value unless proof of diamonds comes with it.
Posted by drgnfly on :
quote:Originally posted by legaleagle: From that other board:
xxdiamondchildxx Dr. Of Diamonds
member is offline
Posts: 188 *Why does CMKM have a "BRING IT ON" attitude?..... << Thread started on: Today at 10:57am >>
-------------------------------------------------------------------------------- As Andy Hill has stated, the last two PR's have more meat than most are reading and digesting. The company, based on Andy Hill's comments, give you the feel that they are looking forward to the SEC's proceedings. You have to ask yourself, why the confidence and "BRING IT ON" attitude? CMKM Diamonds, Inc. basically brought attention to itself in a negative light by telling the SEC of the error they found in Form 15 about the actual number of shareholders that was discovered. Again, if CMKM Diamonds, Inc. was financially destitute/desperate and riddled in the world of "scam"; why open up and reveal this to the SEC so freely at a pivotal point in the company's existence. In fact, the company stated that "Management does not believe the filing of the amended Form 15 had anything to do with the Commission's decision to institute the administrative proceeding". If not Form 15, then what dominates the thoughts of the SEC to institute this proceeding. Please read this blurb from CMKM Diamonds, Inc.'s PR (link provided below):
"When the error in the Form 15 was brought to the board's attention, it was incumbent upon us to take corrective action, regardless of CMKX's ability to file all delinquent reports within the stated 60-day timeframe. We could not continue to have a clearly inaccurate document filed with the Commission, when we knowingly had more stockholders of record than was stated in the Form 15 filing," stated Robert Maheu, co-chairman of CMKX. On February 17, 2005, CMKX filed an amended Form 15 to revoke the previous filing and reinstate its reporting obligations under the Exchange Act. Management does not believe the filing of the amended Form 15 had anything to do with the Commission's decision to institute the administrative proceeding."
CMKX Shareholders, I feel a company reveals it's inner most errors and feels good about an SEC proceeding when IT HAS A LEG TO STAND ON AND WHEN IT HAS SOME WAY TO EXIT THE SITUATION AT HAND WITH SURVIVAL AND SUCCESS.........and as Urban has implied via Andy Hill, CMKX Shareholders will go along for the ride.
Again, just some more "food for thought" for all to ponder on.
God Bless to all!
Peter
Is this the same Andy Hill who has no idea where the corporate offices are?? And in fact gives out a phoney address of CMKX's offices which is actualy an automotive shop that has never heard of CMKX out in vegas? So much nonsense how can you even continue to post nonsense on here leagle eagle?
Posted by Upside on :
originally posted by bill1352:
quote:my challnge to any cult member is bring 1 positve anything with proof, not you would have to believe crap or one would guess it means this garbage. 1 honest real piece of info that says value is coming with no loopholes.
Do you have any idea what scrap steel goes for these days? I do, upwards of .04 per pound. Now, how much tonnage do you think they have laying around in all of those pipes and the drill itself? That's gotta be worth a few hundred right there! Not to mention the rolls of duct tape that could be sold on e-bay. There's your value. Next question please.
Posted by Wallace#1 on :
In the above repost of a repost by legal: "and as Urban has implied via Andy Hill, CMKX Shareholders will go along for the ride." *************************************
Down hill all the way and they paid the fare as well!
No more talk about .50/.51? Or higher?
Posted by legaleagle on :
legel...please no matter what i or any other basher at allstocks ever says please do not stop posting these things. it was a long monday & a long weekend & i needed a good laugh. its all either yep we did it or we don't know if we did because we don't have any records. the rest is if we did do it we didn'y mean to do it or didn't know we did....a sound company if i've ever seen 1...lmfao
Posted by bill1352 on :
somebody please refresh my memory god like roger glen was hired for what??? the pr part says because UC had a stroke in july of 2004 things got messed up??? lets see wasn't it june when roger came in. the o/s was about 500 billion by july 2004 the diamondferous comment was out all the bogus deals were in place...yep its all a mess because of that stroke & nobody to watch the store. sure am glad roger was there just think of where cmkx would be without him
Posted by Ric on :
Their excuse is. They had no experience running a public company. UC had a stroke and could not run day to day operations so others messed it up (Roger Glenn?).
That the SEC when investigating USCM ordered cmkx records and found problems. But they voluteered to file form 15 amendment to clear things up. Like they found the problem and wanted to fix it. Not that the SEC found the problem and they were trying to cover there azz.
Did anyone else find it amazing that they claimed the stockholders think there is naked shorting but the company had no comment? They didn't say they thought or knew, it was the stockholders claim. Interesting how even in a law document they can play games with investors minds.
Turns out Mahue was hired after it hit the fan and Roger is being blamed for mismanagement because UC had stroke.
Did anyone else know that UC's health was so bad he wasn't running day to day operations? But he was healthy enough to show up at the race track each week. I don't mean to downplay anyones health problems but somethng doesn't sound right here.
Posted by Doctoall on :
Sounds like Urban is guilty as hell, oh please SEC take pity on him he did have a stroke and left the company in the hands of his lawyers. What a "crock", he knew damm well what was happening, he milked his shareholders and he should get jail time
Urban is blaming everyone else for the billions and billions and billions of shares, who did he think was paying for his rich life style. Oh sorry I forgot he was ignorant to what was going on." Bull Crap"
I hope he gets what he deserves= Jail Time.
Posted by Doctoall on :
quote:Originally posted by Doctoall: Sounds like Urban is guilty as hell, oh please SEC take pity on him he did have a stroke and left the company in the hands of his lawyers. What a "crock", he knew damm well what was happening, he milked his shareholders and he should get jail time
Urban is blaming everyone else for the billions and billions and billions of shares, who did he think was paying for his rich life style. Oh sorry I forgot he was ignorant to what was going on." Bull Crap"
I hope he gets what he deserves= Jail Time.
We all need to write to the SEC and make our objections known.
Posted by Ric on :
By the way, They claim they had no right to start these proceedings because they had to April 17th to file reports. Not that its a true statement. But it is only 6 days away. Do they plan on filing all the paperwork the same day or something.
And didn't he already state that they couldn't meet that deadline?
Posted by ed19363 on :
quote:Originally posted by Ric: But you still sneak in here Ed. You have us all wrong here. Who said we were trying to accomplish anything.
LOL...never thought of that. I dont have as much time as most of you seem to. So I just check in when I can hoping there might be something other than pumping, bashing, and name-calling. It's almost like we think we can control what is happening by bitching about it....have fun guys, I'll be around if anything happens.
Posted by ed19363 on :
As Andy Hill has stated, the last two PR's have more meat than most are reading and digesting.
Comment: how come they dont use plain English in the PRs? Are we supposed to translate them before we know what CMKX is trying to tell us? Note to Andy: If you indeed have meat in your PRs, how about making it visible. Invisible meat is very hard to digest.
Posted by Upside on :
Looks to me like they're placing the blame on Roger Glenns shoulders. They basically said that he was brought on to get them reporting, Urban had a stroke and had to rely on R.G. and he dropped the ball. I also find it interesting where Urban pleaded the fifth during his testimony. That's the self-incrimination amendment, used so you do not implicate yourself in a crime.
Posted by Wallace#1 on :
Frankly, I think all of us should contact the SEC and tell them what we think of CMKX, Urban Casavant, the TA fiasco, Roger Glenn and the whole mess. I would hate to see them get any leniency.
Of all people, legal should agree that ignorance of the law is no excuse. For example, if I am selling one of my drugs (or even giving some to another), but don't know that it is illegal to do so, I have no excuse. I have emphysema (not a heart attack) and that is no excuse either. Now those bast-rds want someone to be lenient because of an illness? There was apparently no illness of the mind, huh?
One of the defenses referred to "laches". In short, that means the SEC did not take action quickly enough and, therefore, their current actions are inappropriate. They say this on the one hand and on the other fault the SEC for not giving CMKX 90 days prior to taking action? A bit of a contradiction!
Some of you hit the nail on the head. They are blaming the god sent, walking on water Roger Glenn for all their failures. He had to have known the requirements to file and assisted them in overlooking the problems associated with not filing. Wasn't he the one who legal threatened to notify about my conclusions re him and his firm? Ten to one that fiasco with the TA way back when was because the TA wanted to disclose the true number of shareholders. That is why they switched back to the one with a zippered mouth.
And now they are saying that it was shareholders who brought up the NSS situation? If I remember correctly, the CMKX and predecessor people brought it up first.
They say the Respondent "does not have and cannot obtain information sufficient to admit or deny"? On that basis deny the allegations, when they have had all information to date and not disclosed it?
It is very obvious why they are attempting to avoid a "public administrative proceeding" being instituted. Again, they don't want shareholders to know anything of importance.
As far as the statement "Respondent's management was inexperienced in operating a public company" is concerned, that is an overstatement. I stated months ago that they were bungling idiots as far as management is concerned. All of a sudden that becomes a known fact? Wasn't CIM a public company? Wasn't UC involved with or opreating other public companies prior to CIM and CMKX?
Last, but not least, do not forget that Urban Casavant asserted his 5th Ammendment priviledges for a particular reason. I know what that tells me about his guilt or innocence somewhere along the way. Incidentally, look at the past records of some of his associates concerning legal problems. There's a saying about "birds of a feather flocking together"....and I mentioned that months ago too.
[ April 11, 2005, 21:47: Message edited by: Wallace#1 ]
Posted by Doctoall on :
quote:Originally posted by Upside: Looks to me like they're placing the blame on Roger Glenns shoulders. They basically said that he was brought on to get them reporting, Urban had a stroke and had to rely on R.G. and he dropped the ball. I also find it interesting where Urban pleaded the fifth during his testimony. That's the self-incrimination amendment, used so you do not implicate yourself in a crime.
Urban is a Canadian Citizen, is he also an American Citizen? or is he a Permanent Resident?
Posted by Wallace#1 on :
Doc,
My friend, you are probably thinking of the 5th Ammendment plea. Don't know the answer and don't know if he can use it if he is not a citizen. With the new law firm, I am guessing it was checked out though. Maybe even non-citizens can use it.
This whole thing with placing the blame on Roger Glenn must have the faithful squirming a bit. After all, they did put all their money on him, his honesty and his abilities. Big disappointment, I am sure. So much for that asset. Geeesssuuuussss!!! Do I remember WWJD Thur Me (aka Debi) pumping that guy to heaven. Maybe he's feeling a bit of heat now.
Posted by Doctoall on :
quote:Originally posted by Wallace#1: Doc,
My friend, you are probably thinking of the 5th Ammendment plea. Don't know the answer and don't know if he can use it if he is not a citizen. With the new law firm, I am guessing it was checked out though. Maybe even non-citizens can use it.
This whole thing with placing the blame on Roger Glenn must have the faithful squirming a bit. After all, they did put all their money on him, his honesty and his abilities. Big disappointment, I am sure. So much for that asset.
It just goes to show what a louse Urban is. He will use anyone and everyone for his personal gain. Even the reputation of Roger Glenn. Nothing but a dirtbag as far as I am concerned.
Posted by legaleagle on :
quote:Originally posted by Wallace#1: Doc,
My friend, you are probably thinking of the 5th Ammendment plea. Don't know the answer and don't know if he can use it if he is not a citizen. With the new law firm, I am guessing it was checked out though. Maybe even non-citizens can use it.
This whole thing with placing the blame on Roger Glenn must have the faithful squirming a bit. After all, they did put all their money on him, his honesty and his abilities. Big disappointment, I am sure. So much for that asset. Geeesssuuuussss!!! Do I remember WWJD Thur Me (aka Debi) pumping that guy to heaven. Maybe he's feeling a bit of heat now.
What in the world could have possibly led you to the conclusion that they were blaming Roger Glenn? High priced SEC attorneys do not run companies during the owners illness. Can you really expect anyone to believe that?
Posted by Wallace#1 on :
For those of you who wish to complain to the SEC concerning Urban Casavant, CMKX, statements made by CMKX officials, statements made by their current law firm and the complete disregard and violation of shareholder interests by Casavant and/or CMKX the address is as follows:
I intend to ask the SEC to apply all the pressure possible in getting out the truth, in getting information (financial and otherwise) published and not to give them an easy out with leniency. I believe they should be punished to the fullest extent possible under the laws.
Posted by legaleagle on :
quote:Originally posted by Wallace#1: For those of you who wish to complain to the SEC concerning Urban Casavant, CMKX, statements made by CMKX officials, statements made by their current law firm and the complete disregard and violation of shareholder interests by Casavant and/or CMKX the address is as follows:
I intend to ask the SEC to apply all the pressure possible in getting out the truth, in getting information (financial and otherwise) published and not to give them an easy out with leniency. I believe they should be punished to the fullest extent possible under the laws.
Be aware if you complain to the SEC they will ask you if you have any "evidence" of wrongdoing on the company's part. Unlike here, they won't give you the time of day if you don't. I am not discouraging your complaints, as a matter of fact I welcome it if you have anything to give them besides, "I think", "I feel", "Wallace said" or any other "trivial comments". Please do make your comments, so that when this is over and CMKX walks away unscathed, Wallace and his band won't be able to cry "foul".
Wallace said: "I believe they should be punished to the fullest extent possible under the laws."
Should we have a trial first or just lynch them? LOL
Posted by Highwaychild on :
Shakeman on the shakedown with his milkshake tonight.
As long as your complaining to the SEC why don't you tell them about GBMS - GMSV - AFRD - AFRN - AFRT - AFRR - AFRC - AMFR
Posted by Ric on :
Hey thats not fair, GBMS scams you to your face. They used the laws in there favor to scam. But then to no one will buy there POS now. Now CMKX lied to quit reporting and hid the fact they diluted to 703 billion shares while letting the shareholders believe it was all NSS and the DTC was going to make them rich trying to cover.
Posted by bill1352 on :
well i see someone else had the same idea....
Ten to one that fiasco with the TA way back when was because the TA wanted to disclose the true number of shareholders. That is why they switched back to the one with a zippered mouth. ...i said the same thing about 30 pages ago Wallace. roger the dodger got paid well to do nothing & just proved what was said by bashers all along roger was there to cover UC's azz not help shareholders. he's a lawyer & honesty has nothing to do with corporate law. i will say these new lawyers are doing their job...at least UC is getting real lawyers...smoke screen & bullchit the basis for lawyers
Posted by Highwaychild on :
LOL,Ric. You sure have a different way of looking at things.No BS with you,stright shooter.
Bill,LMAO!I have to agree with your basis for lawyers.
Posted by Wallace#1 on :
With reference to legal's comments about proof, you don't need proof to ask the SEC to administer the most severe punishment possible if they determine Urban Casavant, CMKX et.al. have violated SEC requirements. Most of you know what has and has not been happening with events surrounding CMKX and other related companies. Tell them what you feel is right or wrong about current and past events. Tell them how you feel about the consistent lack of credible information, especially financial, share numbers including outstanding and public float. Tell them how important such information is to you to make your trading decisions.
As far as I am concerned, UC and all the people involved with CMKX knew what they were doing all along. The responsibility has rested with UC and no one else. Incompetence is no excuse for breaking the SEC rules for filing requirements. Nor is a heart problem. Frankly, I doubt he has a heart!!!
legal,
"You stated: "What in the world could have possibly led you to the conclusion that they were blaming Roger Glenn? High priced SEC attorneys do not run companies during the owners illness. Can you really expect anyone to believe that?"
Legal, maybe Glassman is right and you are a paid pumper. I cannot believe you are so naive as to think Roger Glenn is not becomming the scape goat. That is rather clear. Of course, now he is just a high priced SEC attorney and nothing else you faithful carried on about? Look at the facts in that response. They have found a whipping boy!!!
Posted by bill1352 on :
Be aware if you complain to the SEC they will ask you if you have any "evidence" of wrongdoing on the company's part.
===========================
evidence??? we don't need no stinking evidence...lol what more evidence do you need then what the SEC already has??? there is no way on gods green earth they didn't know they had more then 500 shareholders. 703 billion shares!!!!!!!!!!! you think maybe they thought there were 450 ppl with 1 billion plus shares each??? in july roger said uc had "no shares !!!!!!!! in august it was raised to 800 billion. legel you said DD was reasonable piecing together of known events... thats not just reasonable its in plain site, hit you in the face fact. CMKX is cooked & its UC's fault, he is a crook, conman, scam artist, just a plain old nice guy.
Posted by Wallace#1 on :
[QUOTE]Originally posted by Highwaychild: Shakeman on the shakedown with his milkshake tonight.
As long as your complaining to the SEC why don't you tell them about GBMS - GMSV - AFRD - AFRN - AFRT - AFRR - AFRC - AMFR [/QUOTE *********************
Hwy, because I have neither owned nor followed any of those companies. If they are scams and you feel strongly about something they did or did not do, complain yourself.
Posted by bond006 on :
don"t forget guys this was and is the stock play of a life time. avery short lifetime Posted by Ric on :
Now of course we know why Mahue wanted cash and no shares. He already knew it was a mess and was hired to see if he could fix it. If you knew how bad it was would you want stock options or cash? I believe he took the right choice.
Posted by Wallace#1 on :
By the way, legal, I'm for lynching them now. Guilty as hell!! LOL
For those of you who want to contact the very same people to whom CMKX's law firm responded, their addresses are in the last part of that response to the SEC. Sometimes that is more effective.
Posted by Highwaychild on :
They're the same company Wallace, and they make CMKX look like angels.God Wallace, you act like you lost money on this.
Posted by Ric on :
Wallace,
Its the same company. In less then 2 years they did that many reverse splits and name changes. I f bought the shares 2 years ago you would have had to bought 10 trillion with a big "T" to own one share today. 2004 scam of the year by the web site that tracks penny stock scams.
i will give credit when due & UC should have every stock scam, crook, whatever taking their hat off to him. enron & those guys cooked books & just plain hide money in differant ways to increase stock pps. that took a lot of work & thought. UC has said..well we didn't keep books, we aren't perfectionists, everyone but i dropped the ball, we have no books, we didn't know what we were doing...it didn't take much work to come up with that...lol. in fact it sounds a lot like a kid trying to get out of punishment for something he did. any 5 yr old could do as UC has. no book cooking, no paperwork at all. just call the printer & order more shares to sell. now that he is caught he wants lawyers to save his azz, now he finds 500 plus sharesholders...over 2000 in fact. enron & those guys spent huge money to steal...UC just spent it. ya gotta love that...lol
Posted by will on :
My dog ate my books.
I didn't know.
My underlings took care fo that.
I was sick, I have a Dr's note. (from Dr D)
Posted by legaleagle on :
Wallace said: "Legal, maybe Glassman is right and you are a paid pumper. I cannot believe you are so naive as to think Roger Glenn is not becomming the scape goat. That is rather clear. Of course, now he is just a high priced SEC attorney and nothing else you faithful carried on about?"
How much do you think they pay me to pump the five or six people left in here, to buy a stock that you have to find a "special" broker in order to even be able to buy at .0001?
He "is" a high priced SEC attorney, not "just" one.
Posted by Highwaychild on :
Will,It was probably Upmans dog.Why do you think it dug so many holes in his yard?
Posted by Upside on :
To bury my shares.
Posted by will on :
it was the talking spy dog that washes dishes at the Sak. resturaunt, or the barking chicken waitress.
Posted by Wallace#1 on :
Like I said, Hwy, I never owned or followed any of those "companies", therefore never lost anything there. Once a name is changed, they change the symbol. Since the symbol was changed I think the name might have been changed. Therefore, I suspect that, from a legal point of view, they are considered different companies.
Posted by Wallace#1 on :
legal said: "He "is" a high priced SEC attorney, not "just" one."
Is that more of the inside information you have that you KNOW he is high priced? Have you seen the CMKX books to know what he was paid? Please tell us how much!
Posted by Upside on :
Originally posted by Wallace #1:
quote:Since the symbol was changed I think the name might have been changed. Therefore, I suspect that, from a legal point of view, they are considered different companies.
And that brings up an interesting question. I've read a lot of speculation that if CMKX is revoked, they'll just roll over into another Casavant company, (CIM, SGGM, etc.) Is that possible? Wouldn't the SEC in effect then be saying go ahead and keep doing what you're doing, just change your name. Could they possibly allow that?
Posted by will on :
AFRT just took a different route to the same place CMKX is. UC just kept printing, never R/S, kept the O/S to himslef. At least ARFT let you know they were F---ing, ya. I never bothered figuring it out, but AFRT O/S discounting the R/S or calculating for the affect of R/S, would probably give them 800B O/S too.
Posted by Wallace#1 on :
Don't know the answer to your question, Up, but I sure as hell hope they cannot. On the other hand, it will keep us going in laughs for some time to come if they can.
Posted by Upside on :
But here's the rub. They've got CMKX with an 800 billion a/s, CIM with 500 billion and SGGM with 900 billion. Imagine if they could somehow combine those? This could go on for years, same people under a different name. Guilty as hell, free as a bird.
Posted by Wallace#1 on :
"Guilty as hell, free as a bird."
Not if we lynch them first! LOL Had no idea that SGGM has 900 bil authorized. WOW!!! Part of that bunch of associated co's I have not been following because of lack of interest. All bad apples as far as I am concerned.
Posted by Highwaychild on :
That's a good point Will.But the 60 month chart on Pinksheets shows the pps of a share of GBMS at around $40901412.00 would be trading at .016 today.LOL
Posted by Upside on :
Originally posted by Highwaychild:
quote:But the 60 month chart on Pinksheets shows the pps of a share of GBMS at around $40901412.00 would be trading at .016 today.LOL
Sounds like one of my investments.
Posted by Highwaychild on :
LOL,I'm out.Be a good number to count while I wait for sleep.Take care all
Posted by Ric on :
One big difference between the two is at least CMKX gave you dreams of diamonds. American Fire Retardant did a demostration of the retardant on a christmas tree and set a match to it and it lit up like someone soaked it in kerosene, lol.
Will they did in this order R/S 1000, 2000, 2000, 250, 250, 10, 200. If you multiply these together from 6/2003 to now you would have had to had 500,000,000,000,000,000 shares in 5/2003 to still own 1 share today. Now thats a scam. Forgot one r/s in my other post. Quadrillion, Is that how you spell it, 500 Quadrillion shares, I would laugh but thats not even funny.
But still with that they didn't issue no where close to 800 billion shares. There o/s has never been over 25 billion before they do there next split. If you avg. them at 20 billion with 7 changes thats onlt 140 billion.
[ April 12, 2005, 00:04: Message edited by: Ric ]
Posted by Wallace#1 on :
Good night all, been fun.
Posted by will on :
703B / 140B, Who's counting? LOL
I don't think the faithful donkeys understand what a billion is not alone a hundred billion.
Posted by Ric on :
I know they don't or they would have ran the first minute they heard what it was.
Posted by drgnfly on :
quote:Originally posted by Wallace#1: For those of you who wish to complain to the SEC concerning Urban Casavant, CMKX, statements made by CMKX officials, statements made by their current law firm and the complete disregard and violation of shareholder interests by Casavant and/or CMKX the address is as follows:
I intend to ask the SEC to apply all the pressure possible in getting out the truth, in getting information (financial and otherwise) published and not to give them an easy out with leniency. I believe they should be punished to the fullest extent possible under the laws.
Thanks, I just sent the SEC links to yazzi where they have mp3s of Melvin's wonderful Mount St. Helens crap.
quote:Originally posted by legaleagle: Wallace said: "Legal, maybe Glassman is right and you are a paid pumper. I cannot believe you are so naive as to think Roger Glenn is not becomming the scape goat. That is rather clear. Of course, now he is just a high priced SEC attorney and nothing else you faithful carried on about?"
How much do you think they pay me to pump the five or six people left in here,
"to buy a stock that you have to find a "special" broker in order to even be able to buy at .0001? " He "is" a high priced SEC attorney, not "just" one.
Thats just IT... the stock is way below the crapper and yet you STILL are pumping this stock. I remember so many cluebies saying "thank god for roger glen.. if he wasnt there I would of sold by now" well now he's the big bad wolf. You are so silly,
DO YOU KNOW NOBODY AND I MEAN NOBODY knows where the hell the corporate office for CMKX is???!?!? The address they keep sticking in PR belongs to some autobody shop and they have never heard of CMKX before. Yes this is a company on the way to being the next Microsoft!
Posted by drgnfly on :
I was in Las Vegas for a couple days - just got back. I went to the where I guess the office used to be (5375 Procyon St. suite 101) and now it is Las Vegas Rod & Custom - it was full of cars being worked on - the number on the window: 433-1932 (I think the area code is 702); anyway, no CMKX there now (and I was ready to get all of our questions answered! ) - the former address was easy to find - I didn't go by "the house"; with all that is going on I thought it wouldn't be the best idea to "stalk" the Casavants, LOL.
Gender: Posts: 6517 The CMKX response was right on target. « Thread started on: Today at 02:49am »
-------------------------------------------------------------------------------- I had posted above in the pinned thread that I was optimistic about the hearing. I didn’t want to respond my thoughts fully until I had done my due diligence and understood everything more clearly.
Most 12(j) decisions are guided by precedence. The standard used here is Steadman v. SEC, 603 F.2d 1126, 1140 (5th Cir. 1979)
Under Steadman, the following issues are considered.
(1) the egregiousness of the respondent's actions;
(2) the isolated or recurrent nature of the infraction;
(3) the degree of scienter involved;
(scienter n. Latin for "having knowledge." In criminal law, it refers to knowledge by a defendant that his/her acts were illegal or his/her statements were lies and thus fraudulent.)
(4) the sincerity of the respondent's assurances against future violations;
(5) the respondent's recognition of the wrongful nature of its conduct; and
(6) the likelihood of future violations.
No one factor is controlling.
I have broken down the above by inserting the defenses presented in the CMKM response below.
(1) the egregiousness of the respondent's actions;
Respondent, pursuant to Rule 12g-4(b), had 60 days after the filing of the amended Form 15 on February 17, 2005, which would be on or about April 17, 2005, to file its reports. Respondent’s actions lack egregiousness, in that its obligations did not occur until after the filing by the Commission of the Order at hand.
(2) the isolated or recurrent nature of the infraction;
Respondent’s actions were isolated and not recurrent in that once the respondent learned of the requirement for filing the amended Form 15 on February 13, 2005, the Respondent immediately commenced setting into motion the preparation of financial statements, setting meetings with the Company’s auditors, and counsel for the Company in anticipation of the preparation of the periodic reports.
(3) the degree of scienter involved;
Respondent lacked the scienter required for willful misconduct, in that Respondent relied on the advice of counsel indicating that no reports were required after the filing of the Form 15 on July 22, 2003.
(4) the sincerity of the respondent's assurances against future violations;
Respondent has demonstrated the sincerity of Respondent’s assurances against future violations by nominating an additional board member for purposes of conducting an internal investigation of the Respondent’s corporate matters, setting up procedural internal controls, and setting into motion the coordination of bringing current the outstanding periodic reports. As a result, significant dollars have been spent by Respondent to assure its corporate compliance with the reporting requirements of the Act.
(5) the respondent's recognition of the wrongful nature of its conduct; and
Respondent recognizes that it was of the mistaken belief that Respondent was not required to file periodic reports as of July 22, 2003, and has recognized the wrongful nature of its failure, and has taken corrective action.
(6) the likelihood of future violations.
f. Respondent has established significant reporting controls to provide assurances that Respondent will not either mistakenly, or intentionally violate the reporting requirements, once such reports are brought up to date and current. g. Respondent’s financial position is such that Respondent is able to incur the coats associated with its reporting obligation. h. Respondent has retained professionals specializing in federal securities and public company reporting requirements and is sincere in its desire to continue with its reporting requirements under the Act.
(I just hope it is Willy’ed down enough for the SEC to understand it.)
I would also like to say that I believe they included more than enough defenses than that were required ensuring more can be involved and brought to light.
The Risk/Reward ratio has been thrown off balance out of favor of the SEC. I think looking at this... the SECs best choice in the matter is to either dismiss the hearing, or be very lenient and perhaps come up with a schedule for CMKX to follow as opposed to pressing the action.
Everyone wants to avoid headaches especially when they acted inappropriately to cause their own headache.
Stoecklein did a great job IMO.
« Last Edit: Today at 03:19am by georgeburns » Logged
-------------------------------------------------------------------------------- Disclaimer: Items above may or may not be true. Do not buy or sell stock based on what I write.
Posted by legaleagle on :
quote:Originally posted by drgnfly: I was in Las Vegas for a couple days - just got back. I went to the where I guess the office used to be (5375 Procyon St. suite 101) and now it is Las Vegas Rod & Custom - it was full of cars being worked on - the number on the window: 433-1932 (I think the area code is 702); anyway, no CMKX there now (and I was ready to get all of our questions answered! ) - the former address was easy to find - I didn't go by "the house"; with all that is going on I thought it wouldn't be the best idea to "stalk" the Casavants, LOL.
drgnfly was that N or S Procyon St?
Posted by legaleagle on :
NYSE traders probe: 15 to be charged
NYSE traders probe: 15 to be charged By Greg Morcroft, MarketWatch Last Update: 8:23 AM ET April 12, 2005 E-mail it | Print | Alert | Reprint |
NEW YORK (MarketWatch) - Federal prosecutors said Tuesday they're charging 15 former and current specialist traders on the New York Stock Exchange with fraud and improper trading over a four year period.
MARKETWATCH TOP NEWS U.S. stocks move lower on record Feb. trade deficit U.S. Feb. trade gap widens to record $61 bln Verizon registers stock in MCI bid Greenberg won't testify at meeting Tuesday NYSE specialist traders probe: 15 to be charged
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The government says the accused traded to benefit their firms at the expense of their customers.
The office of the United States Attorney for the Southern District of New York said early Tuesday the charges would be announced at a 10:30 AM press conference in New York.
Prosecutors said 15 current and former traders will be charged in 9 separate indictments, alleging that the accused violated federal securities laws, " through patterns of fraudulent and improper trading over approximately four years."
Each defendant faces possible maximum jail terms of 10 to 20 years on each count of securities fraud. They also face fines of $1 million to $5 million on each fraud count, or, "twice the gross gain or loss resulting from the offense," the prosecutors said.
In a separate action, the U.S. Securities and Exchange Commission is expected to file civil securities-fraud charges against the specialists.
Posted by Doctoall on :
Maybe they will get to share a cell with Urban Posted by svrider650 on :
LOL
Posted by bill1352 on :
(6) the likelihood of future violations.
f. Respondent has established significant reporting controls to provide assurances that Respondent will not either mistakenly, or intentionally violate the reporting requirements, once such reports are brought up to date and current. g. Respondent’s financial position is such that Respondent is able to incur the coats associated with its reporting obligation. h. Respondent has retained professionals specializing in federal securities and public company reporting requirements and is sincere in its desire to continue with its reporting requirements under the Act. =================================================
G. i agree with, you sell 703 billion shares of a stock , you better have cash on hand...lol
Posted by Doctoall on :
See Legal is trying to get another thread started, guess we need to get our DD over there before the faithful suck more innocents in their trap
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Toodles!
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how many shares?
