This is topic CMKX - May 10 - 05 D-Day - The next chapter in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.


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Posted by JEAL on :
 
OK - Thought today might be worth marking a new chapter.
Lets see if it flys.

57 pages was getting to be quite a bit
 
Posted by JEAL on :
 
.
 
Posted by Wallace#1 on :
 
Sounds good to me Jeal
 
Posted by JEAL on :
 
Wallace - the way I see it, something ( when is the question ) has to happen that is more definitive after this ( court hearing )then all the speculation that you, I, legal, will, bill dwman etc have had over the last ohhhhh......year or so.
 
Posted by Wallace#1 on :
 
Absolutely right, Jeal. Anxious to see something though....anything that will suggest the Judge's decision or thinking as well as numbers.
 
Posted by trgamma2 on :
 
Has anybody heard anything today as to what is going on in the courtroom?
 
Posted by JEAL on :
 
quote:
Originally posted by Wallace#1:
Absolutely right, Jeal. Anxious to see something though....anything that will suggest the Judge's decision or thinking as well as numbers.

Wallace,

I believe you already know that I am fence sitter. I am realistic but optimistic. I agree. Any indication of direction would be much obliged at this point.
However, I really cant figure out why its so quiet on such a "Marked" day.
 
Posted by JEAL on :
 
quote:
Originally posted by trgamma2:
Has anybody heard anything today as to what is going on in the courtroom?

Not yet - As Wallace indicated - Anxiously

And its all good news isn't it Wallace..... [Wink]
 
Posted by ed19363 on :
 
Not a peep after 2.5 hours....the silence is deafening....
 
Posted by Wallace#1 on :
 
Jeal,

Sorry I didn't get back to you sooner. Not feeling well so took a nap. Lousy cold.

Seems to me that if they took a lunch break, something just might slip out....unless it's all bad news for CMKX.
 
Posted by ed19363 on :
 
You dont actually expect the Koolaid drinkers to report anything negative, do you??
 
Posted by trgamma2 on :
 
Martin on now!!
 
Posted by Wallace#1 on :
 
Well????
 
Posted by trgamma2 on :
 
"Frizzell was tearing it up" - John Martin
 
Posted by ed19363 on :
 
Oh, goody....that's useful info....
 
Posted by trgamma2 on :
 
Judge doesnt know what Naked Shorting is.

The hearings will go late into the evening.

Judge needs to go back to Washington to review documents.

New exhibits allowed into July.

There was a lot he said, I didnt catch a lot because it was quiet, might want to go check the other boards for a real rundown.
 
Posted by trgamma2 on :
 
ha! you voted me a 1?

didnt even give me a chance to type the post, you paid-basher lmao!
 
Posted by JEAL on :
 
quote:
Originally posted by Wallace#1:
Jeal,

Sorry I didn't get back to you sooner. Not feeling well so took a nap. Lousy cold.

Seems to me that if they took a lunch break, something just might slip out....unless it's all bad news for CMKX.

No prb - at work here and busy as all be-gone. Hope your feeling better. Just got over the "bug" myself.

I am somewhat concerned that the Judge does not understand NS.
 
Posted by Wallace#1 on :
 
"I am somewhat concerned that the Judge does not understand NS."

I am surprised. Maybe she was misinterpreted. Or, it could be opposition SPIN. Hardly likely she could/would rule out NSS as evidence unless she understood the basics or better.
 
Posted by Wallace#1 on :
 
How about our using just this one thread, OK?
 
Posted by legaleagle on :
 
CMKX auditors resigned yesterday...
John Woodward own a substantial amount of the OS
John Woosdward is Not happy with UC pleading the Fifth
Rodger glenn was paid 250K
NSS will not be allowed in as evidence
Hearing will go late today.

Judge let many more in the courtroom and everyone who was there got in. Brought in chairs.

Judge made it clear she will have to go back to Washington and read the transcripts when she is done.

No one will help her make this ruling, she will do it on her own.

Judge ruled that other exhibits can be presented to her until mid-July and this is good for us.

Bill Frizzell is very involved with Stocklein. (in the courtroom)

Judge ruled that NS is not going to be admitted into evidence and wants to know what it is.

She asked SEC if they think CMKX is NSS'd and the SEC said no.

Frizzell asked if he good speak to this and she said yes.

The judge is concerned about the shareholders; SEC doesn't want them there.

Stocklein said they filed Form 15 by mistake. $2 million spent on filings and they are not done.

Frizzell thanked the judge for being there. He told the judge that there are trillions of shares in this company...not billions as she thought.

Judge is concerned about the number of the shares.

Stocklein cross examined and said that pink sheets shouldn't have to file if they have less than 300 shareholders.

Frizzell "was tearing it up" and the crowd was delighted with the exchange, asking Levine why he resigned one-day before the hearing.

Witnesses: Chris Wall...CD from Green Baron mp3 entered as evidence.
 
Posted by Wallace#1 on :
 
legal,

Please clarify: "Frizzell thanked the judge for being there. He told the judge that there are trillions of shares in this company...not billions as she thought."

Trillions in the company (as authorized and unknown to us) is one thing. Trillions issued and outstanding is another. Trillions I/O plus NSS is something else again.

Sounds like all bad news for UC and CMKX to me. Let's hear the SPIN!
---------------------------
"Judge is concerned about the number of the shares."

The Judge being concerned about the number of shares says nothing except that 700+ billion OS and 800 billion Auth is outrageous.
--------------------------------------------
"Stocklein cross examined and said that pink sheets shouldn't have to file if they have less than 300 shareholders."

Brilliant deduction!!!! See how many of you could have become lawyers? LOL
-------------------------------------------
"asking Levine why he resigned one-day before the hearing."

I'd like to know the reason for that too. Normally they don't resign unless there is something being tried that they do not agree with. Should have raided their dumpster....offices are just a few miles away.

CRITICAL RESPONSE: "She asked SEC if they think CMKX is NSS'd and the SEC said no."
-------------------------------------------
"Judge ruled that other exhibits can be presented to her until mid-July and this is good for us."

Don't know why they would say "this is good for us". It works both ways, the NSS thing is completely out of the picture, there is precedence, and, the SEC is not sitting by idle. I would imagine they got a lot of information from unhappy CMKX suckers.
--------------------------------------
 
Posted by will on :
 
Well, I didn't think anything definite would come out today. Well, it hasn't yet.
I see she has already gone to a JULY date, so that guarantees at least two more months of spin, pump, theories, and hope for the hopeless.
Frizzel tore it up? Wonder how so?
Trillions of shares out there?
Still no share structure.
This is so silly, it could all have been over one way or the other if CMKX was forthright and forthcoming with the share structure. That doesn't have to be held secret from the competition.(of course the faithful will disagree to keep the fading hope alive)
Just ridiculous nonsense.
 
Posted by legaleagle on :
 
HERE'S AN MP3 LINK SO THAT EVERYONE CAN HEAR WHAT WAS SAID FOR THEMSELVES:

http://www.adamporter.com/media/martin_may10_2005.mp3
 
Posted by Upside on :
 
Before the old thread disappears, I thought this should be reposted, pretty funny stuff by bill1352:

quote:
can you hear the judge with UC.....

judge: 703 billion o/s??? why?

UC: they were naked shorting my stock & diluting the pps so i laid a trap for them.

judge: by issuing 703 billion shares??

UC: yep, that way more ppl can get rich when i spring the trap

judge: doesnt 703 billion shares dilute your stock?

UC: yep but our claims are next to debeers & shore gold & the mm's will pay big in a short squeeze. here read zen's post on it, or dr.d's, or sterlings.

judge: have you found any diamonds?

UC: yep but i sneezed & they blew off the table.

judge: are you still drilling?

UC: yep but its hard work & the duct tape used to hold the pipe together keeps ripping. then we keep hitting diamonds & breaking our drill bits.

Judge: where are your books?

UC: your honor i'm not real good with records, i'm not perfect. we can't find a lot of stuff & the ppl i hired didn't do a good job.

judge: i hear you built a new home & like race cars?

UC: yep, its pretty too, cost me $5 million & the cars are my hobby. i need to relax with all the stress of the mm's naked shorting me.

Judge: ok let me get this straight, the mm's n/s your stock diluting it so you issue 703 billion shares into the o/s diluting it so more can get rich when mm's are squeezed. you lost the 2 diamonds you found to a slight breeze & your equipment is held together with duct tape. you have no records to speak of. $5 million new home & cash to sponser race cars. is this all correct?

UC: yep, thats about it.

Judge: forget me reading anything in washington, i've heard enough. UC, get off the drugs. REVOKED.

--------------------
"keep your stick on the ice & your cup firmly in place"


 
Posted by legaleagle on :
 
CLEARER LINK: http://www.cooljay.net/c3/martin_may10_2005.mp3
 
Posted by legaleagle on :
 
FRIZZELL: "THERE ARE NOT BILLIONS OF SHARES IN THIS COMPANY, THERE ARE TRILLIONS ."

PRETTY MUCH MAKES THE SEC IRRELEVANT IN PROTECTING SHAREHOLDERS.
 
Posted by Ric on :
 
Mrs. Hakala questioned, her name was Suzanne Herring, she's an auditor for the Stocklein law firm. Essentially the line of questioning was about the books. She reported that the books were essentially non-existant, that she's been working towards getting the books together. The entire line of questioning was designed to is not a (can't make this part out) filer.
 
Posted by glassman on :
 
sounds like the Judge is gonna do her job...how refreshing....

problem tho, it sounds like the NSS issue will ONLY be side issue, but getting testimony on it in court is a good thing IMO.....
 
Posted by glassman on :
 
quote:
Originally posted by legaleagle:
FRIZZELL: "THERE ARE NOT BILLIONS OF SHARES IN THIS COMPANY, THERE ARE TRILLIONS ."

PRETTY MUCH MAKES THE SEC IRRELEVANT IN PROTECTING SHAREHOLDERS.

where's the evidence??????

show US...
 
Posted by legaleagle on :
 
quote:
Originally posted by glassman:
quote:
Originally posted by legaleagle:
FRIZZELL: "THERE ARE NOT BILLIONS OF SHARES IN THIS COMPANY, THERE ARE TRILLIONS ."

PRETTY MUCH MAKES THE SEC IRRELEVANT IN PROTECTING SHAREHOLDERS.

where's the evidence??????

show US...

GLASS THAT'S WHY FRIZZELL IS THERE, BUT I THINK HE HAS TO SHOW IT TO THE JUDGE BEFORE HE SHOWS IT TO YOU. IF HE SAID IT TO THE JUDGE, HE'S GOT IT.
 
Posted by will on :
 
"where's the evidence??????

show US..."

Looks like it might be put up or sit down time for the faithful and the honorable Mr. Frizzell Esq.. This judge isn't going to be influenced by inuendo, theories, or nonsense scribbled on a message board from Dr. D, Zen, or Sterling.

Come to think of it, she might not even want to see it in the end. She might decide it's another matter for the faithful and Mr. Frizzell Esq. to take to a different court undedr a different action.
 
Posted by legaleagle on :
 
SHE ALLOWED THE ENTRY OF THE SHAREHOLDER STATEMENTS, SO SHE HAS ALREADY ADMITTED EVIDENCE OF THE NAKED SHORT, AND RULED THAT IT COULD BE DISCUSSED IN THE HEARING. BUT THEN AGAIN, SHE ALSO HAD TO ASK WHAT NAKED SHORTING IS.
 
Posted by bill1352 on :
 
i know martin had a very short time to get a few points out but i'd say he skipped over a few things that i'm sure had more meat. like why global left. the green baron cd might be interesting, i may be wrong but didn't UC say there was not 400 billion in the o/s during that interview? & not long after the a/s went to 800 billion & the divys worked out to 779 billion. nothing against martin but someone that owns cmkx buy the 10's of millions will remember points in his favor long after anything negitive unless it pisses him off at cmkx, its human nature. we need a local basher in there...lol
 
Posted by bill1352 on :
 
legel i think he was saying she asked what the count was not what was naked shorting. i listened again & i think in his haste it came out sort of like that. the judge would have to know what nss is to be on this case. he said no eveidence allowed but she wanted to know what it was as in how big a short or a final count.
 
Posted by legaleagle on :
 
WRITTEN SUMMARY by portrush, for the MARTIN MP3 above.

Diamondologist

member is offline

Gender:
Posts: 408
Re: Martin update MP3
Reply #7 on: Today at 3:18pm

--------------------------------------------------------------------------------
Transcript of John Martin call:

I have made some minor edits to his comments, but the bulk of it was here. A couple words were missing but I think I captured the gist of it for you. There is one word missing in the last sentance. If you know what he was referring to PM me and I will edit this. Thanks!

portrush
______________________

The hearing is going to go late tonight. The judge is concerned about getting everyone into the courtroom.

She even brought in chairs to allow everyone in the courtroom. She was very concerned that people got to witness it if they wanted to.

The judge made it clear she has to go back to Washington and read the transcripts when this is done.

No one can tell her how to rule. No one has asked her how to rule. She will rule under her won decision. She made a comment about that so the shareholders will understand that she is a lady with her own mind and she is not listening to someone directing her and telling her what to do.

She started going through a process of admissibility of different evidence. She ruled that other evidence/exhibits can be brought to her until mid-July. Which is extremely good for us.

Frizzell is and has been extremely involved. Involvement in the hearing has been quite a bit, in other words.

The judge ruled that the NS is not going to be admitted into evidence but wants to know what it is. She asked the SEC if they are willing to admit that CMKX is naked shorted and their answer was no.

Bill got up immediately and asked the court if he was allowed to talk about naked shorting in the hearing and she said yes.

They stated with opening statements; Leslie Hakala said essentially CMKX is operating in secrecy and in the shadows lining their pockets. That is essentially what she said.

Martin notes; Wow, the judge is actually to ask the SEC and CMKX to settle the case, the judge is seemingly very concerned about he group of shareholders and the SEC does not want to settle the case.

Donald Stocklein with his opening statement said: the company filed their schedule 15 by mistake and they didnt have to file. There has been $250K spent with Edwards and Engles and nothing was doneand almost $2million spent in getting filings done and we don't have them yet. Were doing everything we can to get them done.

Frizzell got up at that point and thanked the judge for allowing the shareholders to be there and then he responded to a comment she made that she was amazed there were billions of shares in this company and he said Your Honor there are not billions of shares in this company, there are trillions of shares in this company.

Problems were being resolved, Frizzell said, please make a note of the NSS situation throughout the hearing.

(Witnesses called.)

First witness, Neil Levine, CPA. January 10th 2005 he was hired to audit and he has not gotten any papers to perform the audit. John Edwards, a friend of Levine was the one who got Neil and CMKX together. Neil said the company wanted to file the reports so they could go to a higher exchange.

The SECs contention was the company was not registeredregistering a reason for the shares issued. The judge was surprised at the number of shares issuedshe was referring to a 3-billion share issuance. Levine said it would take 90 days to audit once he got all the paperwork.

Don Stocklein stood up to cross examine. He seems to be building a case that pink-sheet companies don't need to file, if they have under 300 investors.

Cross by Frizzell, wanted to know if Levine knew the man that got them together (Levine/CMKX) had an extremely large holding position in CMKX. Bill was trying to find out why Levine resigned one day before the hearing. Frizzell was tearing it up and the judge kept telling Bill to be careful where he is was leading and the crowd seemed pleased with what he was saying.

Cross by Stocklein was trying to get Levine to tell the court how/if the additional shares would affect the auditing. In other words, would the additional shares (just floating around out there) above the issued shares affect the auditing. Stocklein finished at the point.

Frizzell got back up and asked how would other audited shares show up other than issued shares? Everyone in the courtroom objected.

Other witnesses: Chris Wall, who is IT specialist for the SEC in LA questioned about the Green Baron webcast on 10/18/04 and that CD was entered as evidence.

Stocklein and Frizzell passed on the cross examination of this witness.

Helen Bagley, the First Global transfer agent. Ms. Hakala questioned why First Global was not their agent for about a week. If you remember they were not employed for about a week then came back on board. (he doesnt remember specifics, but there was a rift between them and the company and they fixed it over this period of time)

They talked about the shareholder list. The judge is asking questions about outstanding shares. This is all in relation to the 698 shareholders that were actual shareholders in 2003.

Cross by Stocklein about the DTC and the shared (? ) program which was objected to. He was able to get around that objection and question differently and Frizzell passed on that objection.

He understands the hearing will go late tonight.

End

portrush

http://cmkxdiamond.********s32.com/index.cgi?board=general&action=display&num=1115757331
 
Posted by will on :
 
I cannot believe that the Judge is ignorant of NAKED SHORTING.
She allowed it to be entered, and maybe discussed, but it doesn't mean it will have any bearing on her decision regarding the sins of ommission and commission by CMKX. Means nothing or very little.
Mr. Frizzell Esq. is just priming y'all for another dip into your pocketbook. He recognizes fanaticism and is smart enough to "help" ya'll out. The first $25 a head was the easiest money he ever made, the next $25 to $50 a head will be easier now that the NS issue MIGHT be on record. Shucks, who knows, y'all might be willing to raise the price of prostitution and fly right by that $50 mark in your zeal to be right and try another dead end avenue to save your bacon.


quote:
Originally posted by legaleagle:
SHE ALLOWED THE ENTRY OF THE SHAREHOLDER STATEMENTS, SO SHE HAS ALREADY ADMITTED EVIDENCE OF THE NAKED SHORT, AND RULED THAT IT COULD BE DISCUSSED IN THE HEARING. BUT THEN AGAIN, SHE ALSO HAD TO ASK WHAT NAKED SHORTING IS.


 
Posted by bill1352 on :
 
The SECs contention was the company was not registeredregistering a reason for the shares issued. The judge was surprised at the number of shares issuedshe was referring to a 3-billion share issuance. Levine said it would take 90 days to audit once he got all the paperwork.


it should read 300 billion


Cross by Stocklein about the DTC and the shared (? ) program which was objected to. He was able to get around that objection and question differently and Frizzell passed on that objection.

? = borrow
 
Posted by bill1352 on :
 
SHE ALLOWED THE ENTRY OF THE SHAREHOLDER STATEMENTS, SO SHE HAS ALREADY ADMITTED EVIDENCE OF THE NAKED SHORT, AND RULED THAT IT COULD BE DISCUSSED IN THE HEARING. BUT THEN AGAIN, SHE ALSO HAD TO ASK WHAT NAKED SHORTING IS.


not what martin said...he said she asked what it was, not what was naked shorting. the twists begin
 
Posted by Wallace#1 on :
 
quote:
Originally posted by bill1352:
legel i think he was saying she asked what the count was not what was naked shorting. i listened again & i think in his haste it came out sort of like that. the judge would have to know what nss is to be on this case. he said no eveidence allowed but she wanted to know what it was as in how big a short or a final count.

Like I said, she would hardly rule against NSS being admitted as relevant evidence if she did not know what it is.
 
Posted by will on :
 
Means nothing that she let it in. She will see it, make note of it, then rule on the charges that are before her.

It's a courtroom, not a message board full of inuendo, theories, and nonsense. Facts will be considered as they relate to the charges nothing else will have room in her judgement.
 
Posted by bill1352 on :
 
ok..this will be the cults first point of twisting everything. did not say what is naked shorting. by morning the cult will be screaming she doesn't belong there because she doesnt know what nss is. here is legels link go to 1 min 45 seconds on the link. legel, stop the twisting of words now please...head over to the cult boards & get it heading in the right direction please...lol

legaleagle
Member


Member Rated:
posted May 10, 2005 17:24
--------------------------------------------------------------------------------
CLEARER LINK: http://www.cooljay.net/c3/martin_may10_2005.mp3
--------------------------------------------------------------------------------
Posts: 909 | Registered: Nov 2004 | IP: Logged |
 
Posted by Ric on :
 
Actually someone posted that the Judge held up a shareholders letter and said that some shareholders seem to think I am stupid and the letter supposed to be this one:

May 4, 2005

Honorable Brenda P. Murray
Administrative Law Judge
450 5th Street Northwest
Washington, DC 20549
By facsimile

As a CPA, formerly with Price Waterhouse in Washington, DC, I am aghast and mortified that the court would entertain such an absurd request from the Division regarding the irrelevancy of a possible NSS in the matter of CMKM Diamonds as it may relate to its inability to file accurate financial statements.

It is my personal opinion, that unless, you are a CPA and trained in the preparation and understanding of financial statements, you do not possess the knowledge and or the qualifications to preside over an administrative hearing for a failure to make periodic filings of financial statements.

The very idea that the share structure of a company is not part of the financial statements and is irrelevant is preposterous. One cannot possibly file completed financial statements and omit the section of the Balance Sheet titled Liabilities and Stockholders Equity. The very idea of such nonsense is gross negligence at the very minimum.

A basic accounting formula is Assets = Liabilities + Stockholders Equity. That is accounting 101 and preparation of financial statements 101. To ignore that the stockholders equity section is an integral part of the Balance Sheet and thus part of the financial statements is to be beyond ignorant in the knowledge of properly constructed financial statements.

Any attorney in the enforcement division working for the SEC who would entertain that idea let alone officially argue that the very share structure of a companys financial statements is irrelevant should not only be sanctioned but should have their law license revoked and his/her brain examined.

As a CPA I am aghast at the Divisions in Limine Motion to exclude anything that would go directly to the preparation of the stockholders equity section of the balance sheet. The balance sheet is a required financial statement and is often accompanied by a separate breakdown of the stockholders equity section thereof. This separate statement is known as the Shareholders Equity Statement.

For your information, the Shareholders Equity Statement is designed as follows:

Balance, beginning of period [shares o/s x pps]
Common stock issued [naked, legal or otherwise its out there]
Common stock repurchased
Stock-based compensation expense
Stock-option income tax benefits/deficiencies
Other, net
Balance end of period

From the stockholders equity section of the basic balance sheet, primary f/s:
Stockholders equity:
Common stock and paid-in capital- shares authorized _____; outstanding ____
Retained earnings (deficit)
Total stockholders equity
Total liabilities and stockholders equity


Page 2 of 2

No words come to the mind of this CPA after reading the Divisions ridiculous and absurd position that anything having to do with the proper and accurate construction of the shareholders equity section of the balance sheet would be anything other than relevant.

In fact and of course all shares are relevant to the shareholders equity section of the balance sheet, naked or otherwise. If theyre out there, they must be included in the total shares outstanding field of the balance sheet.

I predict complete negligence and perhaps disbarment in your future if you do not possess the proper credentials and knowledge to understand the matter before you. Whatever school you went to for your education should be brought to trial if you cannot see that the shareholders equity section of the balance sheet is an integral component of properly constructed financial statements and is impossible to construct without the known share structure.
 
Posted by Ric on :
 
Just out. Urban is on the stand pleading the Fifth as we speak.
 
Posted by bill1352 on :
 
thats the letter legel posted a few days ago as being sent to the judge. i sure hope she did & i bet the cult doesn't want to hear the judges reply...lol. to borrow a phrase...that dingbat is saying every filing that states a companies share structure in any way & does not include the NS shares is illegel & charges can or will be brought by the SEC. so NS either only effects cmkx or a few thousand companies need lawyers fast...lol
 
Posted by will on :
 
Now, isn't that forthright and forthcoming. The faithful will see it as part of "The Master Plan", the final episode in "Springing The Trap".
Maybe the final episode of "Exposing The Crap"!
 
Posted by bill1352 on :
 
i'd say that means either the lawyers think he is such a moron its to big a risk to let him speak or he is guilty...lol
 
Posted by Upside on :
 
Originally posted by Ric:
quote:
Just out. Urban is on the stand pleading the Fifth as we speak.
A spy for Debeers must be in the courtroom if he's pleading the fifth.
 
Posted by legaleagle on :
 
georgeburns
God of Diamonds


member is offline


Wherever there is confusion there is profit.




Gender:
Posts: 6866
LONG UPDATE
Thread started on: Today at 4:50pm

--------------------------------------------------------------------------------
CDLIC is at the hearing and just passed me this information:

Hearing started as scheduled at 9:30am.
SEC on left, Stoecklein and Owners group on right.
Hakala is doing all presenting and cross cross examining for the SEC.
The courtroom is full but apparently, everyone could fit. They brought in chairs for some.
There about 52 people there not including the lawyers. About 8 in staff behind the lawyers.

SEC opened with their case. Stated CMKX has failed to file, wont file, donft have the means to file, and donft intend to file. Because of that, the SEC Division of enforcement wants CMKXfs registration revoked.

Stoecklein countered that we are trying to file, will file, and want to file.

Frizzell started to bring up the NSS topic. The judge stated that she had already ruled that NSS wasnft to be spoken about. Both the SEC and CMKX side were both confused. The judge stated that she had ruled but apparently her staff didnft fax it out. She stated that she will hear about NSS as it comes up through the trial.


SEC First Witness: Auditor hired by CMKX in January. (Levine, I think) Apparently the SECfs purpose in bringing the auditor was to show that CMKX didnft want to file. The auditor was hired in January and hadnft received any documents from CMKX to work with. 100,000 dollars retainer to hire auditor. The auditor resigned the day before the hearing.

CMKX cross of auditor: Tried to show that the auditor was recommended by a major stockholder of CMKX that apparently against CMKX now. They found it odd that they resigned the day before the trial and are wondering if there are ulterior motives on the part of the Auditor.

SEC Second Witness: Glenn Wall (SEC IT guy) was wearing a bow-tie and glasses.
Submitted a CD of the Green Baron webcast with CMKX as evidence into the hearing. Brought in a chart showing the massive volume increase after the GB Webcast. Tried to indicate that the volume was caused by a Green Baron pump. (pump word was not used).

250,000 was spent on Edwards and Angells Roger Glenn. Glenn was asked for all his work when they were done with him. Glenn produced 1 piece of paper to give to the company. Apparently Glenn wasnft so great.

Over 1 million dollars have been spent on filing so far. CMKX keeps getting screwed by auditing and accounting companies.

Judge doesnft seem to know about NSS or what it is, but maybe she does.

Urban has apparently lent large sums of money to the company. This looks good as it show he believes in the company.

Another witness: Lady hired by Stoecklein to do the accounting for CMKX.
SEC tried to show that she had not received any information from CMKX and that CMKX was dragging their feet. Lady said no, I have received information from CMKX. I have received a big binder of cancelled checks, I have received contracts showing where all the stock has gone, the TAfs records.
SEC crossed asking her if she had received various other documents, she said no, but she is expecting it.

It came up that the company is run out of Urbanfs house. The judge said that that was strange. The SEC jumped on the fact that Urbanfs wife had signed or cosigned some of the checks. They asked if she was an officer of the companyc Said Urban was ill for a period of time and she was his wife and thatfs what wifes do.

She wasnft cross examined by the CMKM team because she is a witness of ours later.

The donft want the witnesses biased so they must wait outside the courtroom till after they testify at which time they can sit in on the trial.

Maheu, Dhonau, Urban. They are waiting on Rendall Williams but he has been delayed.

CDLIC guessing first CMKX witness after lunch will be Maheu.

Rumor: Head of the SEC is present.

Unbelievable amount of money spent on attorneys and such. Roger Glenn turning out to be a bad guy.

Over the past year over 1.25 million has been spent on one accountant and almost nothing received.

Talked about the JADE collection. Company said that transaction was reversed. SEC trying to bring the Jade thing. Stoecklein accountant is showing that the Jade thing is cancelled and reversed and that it doesnft matter. Waiting on final documentation to cancel the Jade collection deal on the books.


(I am not responsible for errors above. I am not responsible for translation errors above. CDLIC spoke pig latin the whole time so it was confusing. Remember you are getting this from me, who heard it on the phone from a guy in the court room. This is third party information.)
 
Posted by bill1352 on :
 
ok..i want my basher checks very soon & i want a raise. i'm getting a headache hearing the crap on the christian radio...the music S**KS
 
Posted by Doctoall on :
 
[QUOTE]Originally posted by Ric:
Just out. Urban is on the stand pleading the Fifth as we speak. [/Q


Urban= Scammer [Big Grin]
 
Posted by Doctoall on :
 
quote:
Originally posted by Ric:
Actually someone posted that the Judge held up a shareholders letter and said that some shareholders seem to think I am stupid and the letter supposed to be this one:

May 4, 2005

Honorable Brenda P. Murray
Administrative Law Judge
450 5th Street Northwest
Washington, DC 20549
By facsimile

As a CPA, formerly with Price Waterhouse in Washington, DC, I am aghast and mortified that the court would entertain such an absurd request from the Division regarding the irrelevancy of a possible NSS in the matter of CMKM Diamonds as it may relate to its inability to file accurate financial statements.

It is my personal opinion, that unless, you are a CPA and trained in the preparation and understanding of financial statements, you do not possess the knowledge and or the qualifications to preside over an administrative hearing for a failure to make periodic filings of financial statements.

The very idea that the share structure of a company is not part of the financial statements and is irrelevant is preposterous. One cannot possibly file completed financial statements and omit the section of the Balance Sheet titled Liabilities and Stockholders Equity. The very idea of such nonsense is gross negligence at the very minimum.

A basic accounting formula is Assets = Liabilities + Stockholders Equity. That is accounting 101 and preparation of financial statements 101. To ignore that the stockholders equity section is an integral part of the Balance Sheet and thus part of the financial statements is to be beyond ignorant in the knowledge of properly constructed financial statements.

Any attorney in the enforcement division working for the SEC who would entertain that idea let alone officially argue that the very share structure of a companys financial statements is irrelevant should not only be sanctioned but should have their law license revoked and his/her brain examined.

As a CPA I am aghast at the Divisions in Limine Motion to exclude anything that would go directly to the preparation of the stockholders equity section of the balance sheet. The balance sheet is a required financial statement and is often accompanied by a separate breakdown of the stockholders equity section thereof. This separate statement is known as the Shareholders Equity Statement.

For your information, the Shareholders Equity Statement is designed as follows:

Balance, beginning of period [shares o/s x pps]
Common stock issued [naked, legal or otherwise its out there]
Common stock repurchased
Stock-based compensation expense
Stock-option income tax benefits/deficiencies
Other, net
Balance end of period

From the stockholders equity section of the basic balance sheet, primary f/s:
Stockholders equity:
Common stock and paid-in capital- shares authorized _____; outstanding ____
Retained earnings (deficit)
Total stockholders equity
Total liabilities and stockholders equity


Page 2 of 2

No words come to the mind of this CPA after reading the Divisions ridiculous and absurd position that anything having to do with the proper and accurate construction of the shareholders equity section of the balance sheet would be anything other than relevant.

In fact and of course all shares are relevant to the shareholders equity section of the balance sheet, naked or otherwise. If theyre out there, they must be included in the total shares outstanding field of the balance sheet.

I predict complete negligence and perhaps disbarment in your future if you do not possess the proper credentials and knowledge to understand the matter before you. Whatever school you went to for your education should be brought to trial if you cannot see that the shareholders equity section of the balance sheet is an integral component of properly constructed financial statements and is impossible to construct without the known share structure.

I told them that this letter would make friends [Big Grin] Also said that it was a bad idea to insult the judge. You go legal have others write the judge [Big Grin]
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
ok..this will be the cults first point of twisting everything. did not say what is naked shorting. by morning the cult will be screaming she doesn't belong there because she doesnt know what nss is. here is legels link go to 1 min 45 seconds on the link. legel, stop the twisting of words now please...head over to the cult boards & get it heading in the right direction please...lol

legaleagle
Member


Member Rated:
posted May 10, 2005 17:24
--------------------------------------------------------------------------------
CLEARER LINK: http://www.cooljay.net/c3/martin_may10_2005.mp3
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Posts: 909 | Registered: Nov 2004 | IP: Logged |

I HEARD WHAT JOHN MARTIN SAID ABOUT THE JUDGE AND NAKED SHORTING. I KNOW WHAT HE SAID. TRY TO SPIN IT HOWEVER YOU LIKE, BUT THIS TIME PEOPLE CAN LISTEN FOR THEMSELVES.
 
Posted by Wallace#1 on :
 
I am not entirely sure how accurate that posted hearing information is but comment on the following:

"There has been $250K spent with Edwards and Engles and nothing was done"

ANS: That is what all of us had been saying too. However, the Cult had him walking on water and performing all kinds of miracles. The real truth has been confirmed!!! What say you cult members to that???
------------------
"First witness, Neil Levine, CPA. January 10th 2005 he was hired to audit and he has not gotten any papers to perform the audit."

ANS: Remember, this was one of the people FizzleFrazzle had listed as his own witness. Obvious question is, Why hadn't Urban Casavant/CMKX given him "any" papers? They hide figures from the shareholders and from their own auditor.
-----------------
"Helen Bagley, the First Global transfer agent. Ms. Hakala questioned why First Global was not their agent for about a week.-----(he doesnt remember specifics, but there was a rift between them and the company and they fixed it over this period of time)"

ANS: Convenient!!! Doesn't remember specifics?
Someone really should have dug into that question more deeply. Betting there is some real dirt there.
---------------
 
Posted by Ric on :
 
How funny, Willy is mad and wants to know the truth. He is tired of them pulling his chain. Andy supposed to have told him not to look for a pps increase anytime soon the the release of UC's fifth the faithful is screaming, lol
 
Posted by bill1352 on :
 
GLEN WASN"T GOD!!!!!! who woulda thought that...lol. yes legel i picked on that 1 point because until now its the first i heard a cult member not say a prayer after his name. i'd say roger saw something he wanted no part of, great reputation on the line remember.
 
Posted by Ric on :
 
This is from his law firm below. I think this and UC's fifth is going to be the death of this.

quote:
Originally posted by Ric:
Mrs. Hakala questioned, her name was Suzanne Herring, she's an auditor for the Stocklein law firm. Essentially the line of questioning was about the books. She reported that the books were essentially non-existant, that she's been working towards getting the books together. The entire line of questioning was designed to is not a (can't make this part out) filer.


 
Posted by Ric on :
 
I think after Roger found out how big a scam this was that he bought his time out until is contract was up and ran fast.
 
Posted by bill1352 on :
 
from a few things legel has posted since i'm getting the idea UC is a full fledge card carryin moron, i'm thinking 3 stooges class (for those that remember the short film with the union cards) thats why the 5th. maybe he was being honest, everyone he hires screws him. this guy might have actually thought he was doing the right thing. if it wasn't for the jade, the race cars & a new $5 million house this might be a sad case.
 
Posted by Highwaychild on :
 
Man, this is some good stuff.Thanks for the updates Legal.And the humor guys(and the plni,Will)...Shakeman, Glenn is a A-hole!LOL
 
Posted by Wallace#1 on :
 
Here's more from that info presumably from someone called CDLIC:

"CDLIC spoke pig latin the whole time so it was confusing."

ANS: Pig latin??? So they can say they did not get the info straight?

"It came up that the company is run out of Urbanfs house. The judge said that that was strange. The SEC jumped on the fact that Urbanfs wife had signed or cosigned some of the checks. They asked if she was an officer of the companyc Said Urban was ill for a period of time and she was his wife and thatfs what wifes do."

ANS: Ill with what? That heart problem again where he showed up at the race track following it? Just what shareholders need! A non-officer signing company checks? Sounds illegal to me. Also to whom were the checks made out.

"Unbelievable amount of money spent on attorneys and such. Roger Glenn turning out to be a bad guy."

ANS: More confirmation of what many of us had said time after time in the past. Guess who just might turn damaging evidence over to the SEC or end up being their witness against UC, CMKX and cohorts!
 
Posted by Wallace#1 on :
 
Hwy,

"Shakeman, Glenn is a A-hole!LOL"

Like I said, Highwaychild, I DO enjoy your humor!
You must be joking! LOL
 
Posted by bill1352 on :
 
what is the legel reason for taking the 5th again?? something about not incriminating yourself. hmmmmmm i wonder what could be behind that.
 
Posted by Wallace#1 on :
 
I LOVE IT!!!! Guess who is being proven correct!

What say you legal? UC pleading the 5th and Glenn having done nothing for $250K. Spin both, please!

How about posting some of the crap that is being said over on the CT CMKX forum, huh? Just how stunned are they now? What the hell did you cult members expect?
 
Posted by bill1352 on :
 
i find it hard to believe no share structure brought up yet. if its a scam insiders own very little. if its a case of a moron running the show the insiders own a lot. auditor & roger jumping ship might hold a clue too...lol
 
Posted by bill1352 on :
 
hey wallace are we here still posting because we are egomaniacs needing to be proven right or is it just because we have no life & this is fun..lol
 
Posted by will on :
 
Now that Glenn has been exposed as doing nothing except receiving $250K, I would like legal's comment regarding him. I would like to know his thoughts and debbie's thoughts now.
They touted him as beyond reproach with a sterling reputation. At one time he was one the MAIN reasons y'all believed in this company.

Have you changed your opinion now. I sorta kinda remember most of us negativity pumpers pegging him as a do nothing/done nothing kinda guy.

I have a feeling our opinions regarding alot of CMKX actions, and the opinions of people connected to CMKX will soon be proven correct.

So, there is one myth down, with more to come.

Does it mean nothing to you faithful, just gloss over it, and forget how wrong you judged him?
 
Posted by Upside on :
 
originally posted by bill1352
quote:
hey wallace are we here still posting because we are egomaniacs needing to be proven right or is it just because we have no life & this is fun..lol
Both.
 
Posted by Ric on :
 
You left out the both option bill
 
Posted by Wallace#1 on :
 
quote:
Originally posted by Upside:
originally posted by bill1352
quote:
hey wallace are we here still posting because we are egomaniacs needing to be proven right or is it just because we have no life & this is fun..lol
Both.
Hey! Speak for yourself Upside! LOL
 
Posted by bill1352 on :
 
i left out a few bashers too..lol
 
Posted by Upside on :
 
originally posted by Wallace #1:
quote:
Hey! Speak for yourself Upside! LOL
I am.
 
Posted by Wallace#1 on :
 
Will wrote: "So, there is one myth down, with more to come."

Problem is, Will, they got Maheu to take his place too. Wonder if they will say he has done nothing as well. He may turn into a bad guy down the road and damage UC/CMKX. Remember, he hasn't been heard from lately. WHY???
 
Posted by bill1352 on :
 
i'm getting the idea CT's martin heard enough too. they said they would bring his calls in till midnight if needed. started 6 1/2 hrs ago & no lunch break to make a call in? i'd think lunch would have hit by now.
 
Posted by Upside on :
 
originally posted by Wallace #1:
quote:
Problem is, Will, they got Maheu to take his place too. Wonder if they will say he has done nothing as well. He may turn into a bad guy down the road and damage UC/CMKX. Remember, he hasn't been heard from lately. WHY???
He hasn't been heard from today because he's been in the bathroom all day desperately trying to take a whiz.
 
Posted by Wallace#1 on :
 
Come on, legal, answer some obvious questions!! Especially about UC taking the 5th and Glenn being worthless. Give us some of your kind of DD.
 
Posted by bill1352 on :
 
i'd say they keep mahoo in the dark or he would have to take the 5th also. either that or throw UC to the wolves. which might be the plan...get UC barred from cmkx & put mahoo in his place thus saving cmkx....just plugged wwjd on the CT radio broadcast...lol
 
Posted by legaleagle on :
 
NOT BILLIONS, YOUR HONOR, TRILLIONS.
 
Posted by bill1352 on :
 
keep pumpin your only hope legel...i guess i dont blame ya. at this point ya might as well hold that last straw till the last...lol
 
Posted by bill1352 on :
 
roger glen = $250K & 1 sheet of paper....hope it wasn't just his bill...lol
 
Posted by will on :
 
Without a doubt Wallace. Now that Glenn's contribution has been illuminated, I seriously would like an opinion form the faithful. I prefer debbie's opinion because she is/was such a staunch supporter of his. At one time he was one of 4 or 5 MAIN reasons they held their investment.
What amazes me is that they were told he did nothing, and argued to the point of ridiculous that he acclomplished much and could not publish his acclomplishments because of competitive secrecy. Now we see it wasn't that at all, he did nothing, one sheet of paper.
What do you have to say noah, debbie? You praised and touted him, you influenced others into buying with your admiration for him I'm sure. Do you not think you owe them at least a reasonbale explantion, some kind of comment? An apology comes to mind, but I doubt you all are ready to that. You might parctice saying UNCLE, because it's over soon.
 
Posted by Wallace#1 on :
 
legal wrote: "NOT BILLIONS, YOUR HONOR, TRILLIONS."

Shssssssshhhhhhhhhhhiiiiiiiiiiitttttttt!!!
 
Posted by legaleagle on :
 
I WILL BE COMMENTING SOON ON THE EVENTS TODAY, BUT UNLIKE YOU, I THINK I WILL WAIT UNTIL BOTH SIDES ARE HEARD. ONLY THE SEC HAS BEEN PRESENTING EVIDENCE. CAN'T FIGURE THE FINAL SCORE UNTIL THE OTHER TEAM BATS.
 
Posted by bill1352 on :
 
I think we have a good chance of getting some money out of it but I will be surprised if we get a fair deal from the SEC or the DTCC I think if possible the Hedge hogs will KILL the company rather than pay us or cover and like OPS said there is plenty of money in the PIGGY banks to pay off whoever they want ...so I don't expect too much Justice mostly Just Us...but i will get the rest of my CERTS and go to my grave BELIEVING I had a claim on the richest Diamond Deposit in the WORLD...bar none...IMO...Flying Moose()
- - - - -

from another board...believe it or not & i know ya will some are saying UC had to plead the 5th because of the oxy-sorban act...it would have been lying in court if he didn't. i'm really glad the cult has a lot of christians because they need all the help God can give them.
 
Posted by will on :
 
At one time I asked noah about "The Squeze of the Century". I recall him telling me he didn't invest in CMKX because of the NSS issue, that it was the potential value of their claims that attracted him. Now all that MIGHT be left is a NSS issue which won't ever see the light of day. This Judge isn't a fool, she will see the facts and make her ruling. I suspect her ruling will not be favorable to CMKX, and the SEC will prevail and get exactly what they are asking for, Revocation.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by legaleagle:
I WILL BE COMMENTING SOON ON THE EVENTS TODAY, BUT UNLIKE YOU, I THINK I WILL WAIT UNTIL BOTH SIDES ARE HEARD. ONLY THE SEC HAS BEEN PRESENTING EVIDENCE. CAN'T FIGURE THE FINAL SCORE UNTIL THE OTHER TEAM BATS.

legal, the "other team is BATS". LOL

Besides, who the hell do you think is handing out what little info is coming out?
 
Posted by bill1352 on :
 
Mr. Casavant, you signed the original form 15 exempting your company from filing. However the Transfer Agent has testified that you were supplied with a list showing 698 shareholders of record as of that date, and entered that communication with you into evidence. How could you claim there were 300 or fewer shareholders of record when in fact you had in your possession official records showing that that statement was false?

I take the fifth.

Mr. Casavant, you owe Harah's approximately $500,000 in gambling debts, and checks drawn on various company accounts controlled by you show that you have paid them $1.5 million in the past twelve months. Was that company money diverted for your personal obligations?

I need a fifth.

Mr. Casavant, this is the record of a BVI corporation controlled by you through nominee directors. In the past year you have transferred over 100 billion CMKX shares to this corporation for consultation services. The shares were subsequently sold, and the proceeds transferred to bank accounts controlled by you through nominee directors in Panama. How do you explain these transactions?

I'm drinking a fifth.

(from another board...rolflmao)
 
Posted by ed19363 on :
 
Time to relax, guys.

She started going through a process of admissibility of different evidence. She ruled that other evidence/exhibits can be brought to her until mid-July. Which is extremely good for us.

Good for us????????????

This plus the fact that she must return to Washington to review the case, means only one thing as of now.

We are stuck in .0001 limboland until at least mid-July. IMO, there will be no news, no filings, no PPS movement, nothing. And NSS is inadmissable as evidence, so we are back to square one. Guilty as charged.

Sure glad I didnt lose an extra $25 to the lawyers....hahahahaha

Nuf sed
 
Posted by Wallace#1 on :
 
Come on, legal, how about those CMKX checks signed by Casavant's wife? Bet they're not legal consideration! Did you get one? Wish I did! I'd frame it....after I sent her to prison.

That's really some way to run a publicly traded company by it's only officer (aka Urban Casavant)!

[ May 10, 2005, 20:58: Message edited by: Wallace#1 ]
 
Posted by bill1352 on :
 
well the CT guy has still not called in. over 8 hrs since it started & called in on a 10 min break 2 hrs in. & this guy is the one that got frizzy involved. i'm thinking he left. he heard all he could stand. reality hit him in the face finally. mahoo on stand according to other boards
 
Posted by legaleagle on :
 
Well, I can clear up a few things for you. John Martin is acting as a correspondent for CT radio since it was the best means of getting out word from the hearing to the most shareholders. He does not work for CT. Actually John Martin is the person who put together the shareholders group and hired Mr. Frizzell.

The hearing ran up to the lunch hour but a lunch break was not called, just a 10 minute break. After getting started again, a couple of witnesses were called and then the judge called the lunch break. They were out for an hour, but nothing reportable has been reported since.

The judge is attempting to get the hearing over with tonight and plans to work late to accomplish that. Since then, we have heard from others that UC took the fifth and Maheu was on the stand and doing an excellent job of testifying.

More later this evening.
 
Posted by Wallace#1 on :
 
legal wrote: "John Martin is acting as a correspondent for CT radio since it was the best means of getting out word from the hearing to the most shareholders. He does not work for CT. Actually John Martin is the person who put together the shareholders group and hired Mr. Frizzell."

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

I see now. Martin is acting as a correspondent for CT radio but does not work for CT. So what you are saying is that CT is not responsible for anything Martin reports? Yet, they agreed to the arrangement? What is Christian Traders doing, backing off supporting Martin now...and maybe even FizzleFrazzle and the cult member shareholder group (which is predominantly the CT bunch)?
 
Posted by Ric on :
 
hearing over
 
Posted by lanebro on :
 
quote:
Originally posted by bill1352:
Mr. Casavant, you owe Harah's approximately $500,000 in gambling debts, and checks drawn on various company accounts controlled by you show that you have paid them $1.5 million in the past twelve months. Was that company money diverted for your personal obligations?

I need a fifth.


Too funny. Heard word around the track another associate sponsor of theirs and UC are at the casinos more often than the track on race weekends. LOL! Hmmm, we are having some FUN now! The bigger they are... though I still feel bad for the race teams; personally, screw UC et al, he's going to get what he deserves.
 
Posted by Ric on :
 
No shareholder structure given only filing being allowed

Mahue paid $40,000 a month not paid in 2 months not happy. Mahue refused to answer if he was hired for name. Mahue is very pissed off over company refusing to give information to accountants.

Has to June 29th SEC rebuttal by june 29th
Has to be settled by July 15th
 
Posted by Wallace#1 on :
 
quote:
Originally posted by Ric:
No shareholder structure given only filing being allowed

Mahue paid $40,000 a month not paid in 2 months not happy. Mahue refused to answer if he was hired for name. Mahue is very pissed off over company refusing to give information to accountants.

Has to June 29th SEC rebuttal by june 29th
Has to be settled by July 15th

Ric, please explain the first two paragraphs of your post.
 
Posted by glassman on :
 
fifth ammendment...i guess that's the skeletons leaving the closet....

 -
 
Posted by legaleagle on :
 
RIC, IS GETTING HIS INFORMATION FROM WILLY WIZARD'S PALTALK. GOOD DD RIC LOL
 
Posted by Ric on :
 
Williams - I do not remember

Roger Glenn was said to have done nothing

CMKX has no operating expense for mining in 2004

MOney in bank but account doens't know what its for or were it came from

William said they were not ready to be reporting in Oct. Something about party??????

Devoiac has the records but is owned money and refuses to let them go until hes paid. What records he didn't know.

The guy said is a cluster f&*&^ over the records and Mahue is very mad. Mahue said he doesn't know what happen to the money but he will find up. A lot of bad stuff came out in hearing.

Judge said its a filing problem
 
Posted by Ric on :
 
This was from someone at the hearing that called someone to post the info. A koolaid drinker is posting this.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by glassman:
fifth ammendment...i guess that's the skeletons leaving the closet....

 -

I KNEW IT WOULD HAPPEN!!!
 
Posted by Ric on :
 
Sorry was typing as I was hearing it. So was no time to explain my posts. This was from someone who said they had a friend at hearing that called him and was reading off his notes to him. Wasn't claiming DD just reporting what was said by someone from hearing. I am sure there is other twists on the hearing by someone else. And legal will claim it as DD.
 
Posted by Ric on :
 
Heres it together: Unknown arthor from hearing.


No shareholder structure given only filing being allowed

Mahue paid $40,000 a month not paid in 2 months not happy. Mahue refused to answer if he was hired for name. Mahue is very pissed off over company refusing to give information to accountants.

Has to June 29th SEC rebuttal by june 29th
Has to be settled by July 15th

Williams - I do not remember

Roger Glenn was said to have done nothing

CMKX has no operating expense for mining in 2004

MOney in bank but account doens't know what its for or were it came from

William said they were not ready to be reporting in Oct. Something about party??????

Devoiac has the records but is owned money and refuses to let them go until hes paid. What records he didn't know.

The guy said is a cluster f&*&^ over the records and Mahue is very mad. Mahue said he doesn't know what happen to the money but he will find up. A lot of bad stuff came out in hearing.

Judge said its a filing problem
 
Posted by Ric on :
 
CFRN has starting interview
 
Posted by Wallace#1 on :
 
Ric posted:

"Devoiac has the records but is owned money and refuses to let them go until hes paid. What records he didn't know."

That must be Dvorak. Don't know what his involvement is since he's associated (a lawyer) with Dhonau and USCA. I am not aware of how UC or CMKX could owe him money, but I guess it is possible since they are all "birds of a feather" and UC/Dhonau are buddy-budddy at the race tracks.
 
Posted by bill1352 on :
 
CMKX has no operating expense for mining in 2004


hmmm you mean all those new rigs UC was talking about never happened? the duct tape had to cost something...lol. i think mahoo got sucked into something & is not real happy about it. i got an idea this whole deal is as much scam as it is an idiot in charge. if he had any brains there would at least be a fake paper trail to have in case the SEC got involved. money in accounts but no clue from where, they pay roger $250K but can't pay an accountant to get the records back. & this was from the CMKX side of things??? cmkx witnesses??? the good stuff??? the proof it should not be revoked???? no F'in wonder they went with the NS stuff...lmao. i had said they used that after looking into everything & found out chit was in the toilet & it was all they had.
 
Posted by Ric on :
 
John Martins interview was rose covered. He made it sound like nothing bad happened. So the koolaide drinkers will run with this only and dismiss any other statements. But still doesn't matter. Judge said its filings. No filings revoked. Filings will continue. But since they say they have no records then how do they file??? But hey I am sure they can get legal to come up with something.
 
Posted by glassman on :
 
so does UC have any legs left to stand on?

the good news here is that the shareholders had enough representation that they won't be able to deny what's happened here....
 
Posted by Highwaychild on :
 
That is good news...
hearing there are 60k documented shareholders... not accounts ... Shareholders
 
Posted by Ric on :
 
He took the 5th on that Glass, lol
 
Posted by DiQuiRiesco on :
 
I can't wait for UC to do his "perp walk".
 
Posted by bill1352 on :
 
i heard most the martin thing but all i heard was NS chit...what about no records, cash in accounts but no idea from where, money spent but on what?? i'd love a transcript of the day, not pumper chit. they only hear or spout what they want to not the whole story. he said he thought they would suspend trading...there has to be a reason he thought that.....legel i was wrong he did say it seemed the judge did not understand NSS which i still find hard to believe but she has a broker & penny stocks are not in her path. she knows law & NSS isn't in the law books.
 
Posted by Ric on :
 
Which ever or both. Looks like 2 months more of it. lol

quote:
Originally posted by bill1352:
hey wallace are we here still posting because we are egomaniacs needing to be proven right or is it just because we have no life & this is fun..lol


 
Posted by Wallace#1 on :
 
Damn! Who was it that said they wish someone other than Christian Traders, Shareholder Group and other Cult Members were there to report the truth? Wasn't anyone there who would be able and willing to tell the whole truth instead of a shaded version?
 
Posted by Ric on :
 
I think that one guy did. But once he gets home and thinks about what he said he going to say oops I shouldn't had let that slip.
 
Posted by bill1352 on :
 
well that leave 55K left to hear from highway & i'll bet 98% of them are the 1 to 5 million shareholders. they threw a couple hundred on it just in case. what PISSES me off is still no insider shares announced. how do you go all day in court yapping about a stock, not filing, lost records, NS problems but never get to what % of the o/s is insider???? & you know frizzy wont say chit because of the chance at a class action against someone, either cmkx or the SEC, DTC & that info is the key.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by DiQuiRiesco:
I can't wait for UC to do his "perp walk".

Where have you been, pal? Been a long time!!!
 
Posted by Highwaychild on :
 
4th or 5th hand info...

There is a meeting with Stocklein and the SEC tomorrow morning

Martin is still asking for all of us to keep sending in the share amounts.

Two weeks to submit all counts to the Judge .
 
Posted by legaleagle on :
 
Summary of John Martin evening report


FROM PB 32


portrush
Diamondologist


member is offline


Gender:
Posts: 417
Summary of John Martin evening report
Thread started on: Today at 9:12pm

--------------------------------------------------------------------------------
Thinks judge was unbiased, cared for shareholders.

We did it! We made the company visible. We stood up for our rights and our shares and the judge "got it!"

Picking up from lunch...

Witness after Lunch: Rendell. Was questioned about UC and he said UC was working on reporting and UC said 10-12 times they would be reporting by the party. Seemed SEC was trying to prove UC was really trying all that hard.

They played 17 minutes of the Green Baron CD. They asked the courtroom if they wanted to hear it, no one did...but the Judge over ruled and they did.

Stocklein crossed Rendell, and asked who is counsel was. (Roger Glenn)

UCAD is 50/50 split with CMKX. CMKX owns the shaft...15 levels deep. UCAD has multiple processing plants in Ecuador.

Bill asked Rendell, if UCAD bought into CMKX? Yes, but Rendell couldn't remember how much cash was paid or how much stock was given...or when the investigation was started into his company?

Thejudge said Frizzell you're puting words into his mouth, and he said he was not answering and he was trying to get an answer.

Urban took the stand and plead the fifth. Urban's attorney said he didn't imply guilt by taking the fifth. The SEC tried rapid fire questions (harrassment) but he plead the fifth.

ED Donahoe was next. Stocklein tried to get Ed to give a value of the claims and the SEC argued for him not to becuase he is not a claims expert and the judge ruled for the SEC.

SEC asked if Ed had seen reports for CMKX filing, he did not.

Stockelein was trying to get a vlaue form Ed but couldn't get a streaight answer due to objections form SEC.

Mahue on stand. Explained UC asked him to join. Asked why to take the job...he came for the plight of the shareholder, never runs form challenges. Was going to surround himself with good people to bring this to reporting and he is being paid $40K per month. When asked if mahue could get the filings done, Mahue said YES.

SEC rapid fire questions to Mahue, but he did fine.

Michelle Buck, attorney for Stocklein law firm...next witness. Was asked what she is doing for the company and the form 15. Said company was working in a repsonsibile way.Mahue and UC made the decision to file form 15 together.

They hired Opus Point to do the books and is owned by Stocklein Law Firm.

Frizzell asked about activiites proviing time and money si being spent to get filings done, showing the court that they are trying and working hard to get it done.

SEC tried to get Mrs. Buck to look bad, but couldn't.

At the end the SEC tried to get an exhibit that Bill entered (a letter to Jeff the Market Maker) out of the exhibit, but Bill got the judge to keep it in.

We are gathering more statments in support of the numbers during the next couple weeks.

Bill was disappointed that the judge wouldn't admit evidence of NSS.

There is a meeting with Stocklein and the SEC tomorrow morning...but they didn't say what that is about.

John feels that the courtroom knows that the NSS is a real issue, but he REALLY thinks the judge doesn't understand the magnitude of this issue...or what it really is.

He thinks the company has proved that we have tried to report. He thinks the judge will do whatever is necessary to keep us going. She could have halted us, but did not...she must see something there.

The shareholders were a BIG part of this hearing.

It's important for us to realize that we an't be done. We need to get more faxes in of how many shares you own!

There are 60,000 shareholders documented!

We MUST concentrate on our game plan (as shareholders). There is no doubt in John's mind that once the judge sees and udnerstands there is a NS issue there...he thinks she will want an explanation of what is going on. He thinks it will be helpful to her.

Even if we are halted, delisted or even revoked for a period of time, it will trap the MM from being able to move.

end.

portrush
 
Posted by Ric on :
 
I think it doesn't matter bill, either they file and we know the information or they don't file and there revoked. Period. And since they can't file without records then there revoked.


quote:
Originally posted by bill1352:
well that leave 55K left to hear from highway & i'll bet 98% of them are the 1 to 5 million shareholders. they threw a couple hundred on it just in case. what PISSES me off is still no insider shares announced. how do you go all day in court yapping about a stock, not filing, lost records, NS problems but never get to what % of the o/s is insider???? & you know frizzy wont say chit because of the chance at a class action against someone, either cmkx or the SEC, DTC & that info is the key.


 
Posted by legaleagle on :
 
EARLIER BREAK CONVERSATION WITH JOHN MARTIN


The CMKX Community Board
General
General Discussion (Moderators: Dr911, Andy Carter, Rush, NinjaSHUx, ChuckWheat, golden1101, fishing4diamonds)
I typed Martin's entire 2nd convo
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Author Topic: I typed Martin's entire 2nd convo (Read 2012 times)

cruisecontrol
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I typed Martin's entire 2nd convo
Thread started on: Today at 4:09pm

--------------------------------------------------------------------------------
Here it is:

cruisecontrol

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Re: Someone PLEASE post notes on the audio..
Reply #20 on: Today at 2:59pm

--------------------------------------------------------------------------------
"Hello everybody, this is John Martin again. I just wanted to bring everybody up to date. The Judge was looking at a clock in the court room that was not working right, and she was under the impression that it was 12:30 california time, when in fact it was a couple hours later than that. We got in just one witness, which Mrs. Hakala questioned, her name was Suzanne Herring, she's an auditor for the Stocklein law firm. Essentially the line of questioning was about the books. She reported that the books were essentially non-existant, that she's been working towards getting the books together. The entire line of questioning, seemed to me was designed to prove that the company is not delaying(<---can't make this part out) filing. There still is not a redirect by Mr.Stocklein or Mr. Frizzel, they chose to wait until after lunch to do that. It is my understanding that in one hour we will reconvene. The Judge seems to think that we will finish this tonite, she plans on taking this long into the evening, untill we're finished. I have no idea what needs to be done, there's still a great deal of material to go through. When I left the courtroom a moment ago, the judge, and the attorneys were meeting at the judge's seat, and discussing something of interest, I was not privvy to that, I'm going to take a lunch break, and get a bite to eat. I'll report back as soon as we have another break, after getting started in about an hour, I hope everybody's hangin' in there, I know it's a long day, there's a lot going on, a lot of positioning, from the SEC, Mr.Stocklein, and Mr. Frizzel. It seems as though there's going to be quite a bit of questioning, in this hearing by Mr. Stocklein, and Mr.Frizzel as soon as we reconveign from lunch. I hope everybodies having a good day, and I'll talk to everybody soon, bye,bye." -Word for Word From the mouth of John Martin, as promised, you read it here first!-Cruise

From: http://cmkxdiamond.********s32.com/index.cgi?action=display&board=general&num=1115752496&start=15

Another update from John Martin:

Martin Update MP3 (on cfrn.net May 10) Direct At:
http://www.adamporter.com/media/martin_may10_2005.mp3
 
Posted by glassman on :
 
NSS is a big issue guys...
check out global crossing....

i have a human broker account that i've had for most of my life with a name you would recognise..
i also trade on-line actts...
(i also made some buckage on global crossing about 6-7 yrs ago before they went under)


this is important...

my human broker denied any knowledge of naked shorting...just last year...

i didn't trust him much before that...
i don't trust him at all now...

the avg investor don't know chit about the markets..

they read MONEY, and Barrons and other expensive reports and buy mutual funds, or they have MANAGED accts...if you have $100K? you should seriously consider a managed acct....

anybody who don't have ahundred grand and invested 10 grand or more in CMK? don't deserve to have the 100 grand [Big Grin]

problem here is that any NSS in CMK? is there for the same reason it is the BIGs...the MM's DO know what they are trading and how much it's worth...
every stock i've DD'ed on the SHO list has had something in the filings that told me it BELONGED there..OR it had once had something there...i've seen dilution canceled on ZAPZ for instance, but it got on the SHO because of planned dilution( which has been canceled)....

BTW? i think the managed accts are how the brokerage houses manipulate the big boards...
 
Posted by bill1352 on :
 
well we got roger scammed UC for $250K, no records, money missing, mahoo is pissed, UC is on a 5th, auditor quit yesterday but never saw any records to start with. oh ya...frizzy said Trillions...reminds me of beavis & butthead, i can hear the cult giggling over it for the next 2 months. & i'm betting it will be 2 months before we hear another thing from anyone other then cult NS chit.
 
Posted by Wallace#1 on :
 
Wasn't Rendell with one of the other JVs and not with UCAD (now USCA)? Thought Dhonau was UCAD/USCA. Could be wrong, but those companies not worth remembering.


"Bill was disappointed that the judge wouldn't admit evidence of NSS."

In short, about 5000 shareholders wasted $25.
 
Posted by bill1352 on :
 
i do agree glass..the NSS problem is out of control. i have an insider connection to ZAPZ, they get the cars from my bro-in-law & they believe they have a good size NS problem still even tho off SHO. CMKX is the perfect NSS stock & the info today about records is why. if CMKX can bring the problem to the forefront, get it out into mass media, get the senate on board then i wont be here bashing but thanking them. it wont help cmkx's pps but it will help the rest of the penny world.
 
Posted by Ric on :
 
How can Mahue be there for 4 months, being co-chairman and not know what the valuation of the company and didn't know the auditors weren't receiving records.
 
Posted by legaleagle on :
 
FINAL HEARING MP3 LINK

http://www.personal.psu.edu/staff/j/v/jva6/johnmartinfinal.mp3
 
Posted by bill1352 on :
 
ric, if they told him he'd have to take the 5th too..lol
 
Posted by JohnnyRotten on :
 
You fellows are doing a good job of picking this apart. I have to agree with many of your points and have to admit there are some troubling things here.

1. I believe Dvorak set up an accounting system in 2002/2003 and when he didn't get paid he left with the records. He still has them til payment is made.

Pay the man if you owe him. Should do that anyway.

2. I think UC doesn't keep commitments very well.

3. All they have are cancelled checks. A check is a record but without receipts it doesn't explain much.

4. If they get the filings the company may survive.

5. No mining expenses could be restated as no exploration expenses. I would like the question asked a different way.

6. I think some of the records are buried because UC doesn't want them to be seen.


Should I get out? What if there is real value and a short that must be covered or settled? Can I make money despite a shady relationship?

If I sold at a loss, what other could I buy to make good money? Lots to consider.
 
Posted by will on :
 
Unbelievable! No one knows nothing. LOL!
Money in accounts, where did that come from? I don't know. LOL
How much money and how many shares changed hands in the CMKX UCAD deal, I don't recall?
...and I plead the 5th!
Wa wa wa, I haven't been paid in two months, where's my $80K? I don't know if they hired me for my good name. LOL
Share structure? What share structure, screw you, I plead the fith, REVOKE me, I'll take it to my grave.
Still don't see how any NSS was proven, no one knows the share structure, UC might not own squat. debbie might own more than he does. There's Still over 350B unaccounted for, don't need to short this stock, UC took care of that.
 
Posted by glassman on :
 
Johnny i work my buttoff finding new ones all the time...

so do a lot of other people here...spend some time spotting who picks regular winners..50% gainers on a regular basis will feed the BULLDOG...

grand slams only come once in a while, thats' what they tried to sell you on this ain't it?

look for people that make reasonable claims, and watch them...

hint: PLNI has a list of "good" names: go look who started it and who was there at the beginning...
 
Posted by Ric on :
 
Paid an accountant 1.5 million dollars over 2 years of service and have no records or filings to show for it. Sounds like good money well spent to me. But as long as the house is paid for and the race team is paid then why worry about records.
 
Posted by glassman on :
 
BILL i just double-checked ZAPZ is still on the SHO LIST

http://www.nasdaqtrader.com/aspx/regsho.aspx

it's the second to last one.....
 
Posted by legaleagle on :
 
EVIDENCE OF A NAKED SHORT AND ALTERATION OF CUSIP NUMBERS, PRESENTED TO THE JUDGE TODAY, BY LAE, MUST BE TURNED OVER TO THE FBI WITHIN 24 HOURS
 
Posted by Doctoall on :
 
quote:
Originally posted by Ric:
How can Mahue be there for 4 months, being co-chairman and not know what the valuation of the company and didn't know the auditors weren't receiving records.

He forgot, probably a little problem fo him [Big Grin]
 
Posted by JohnnyRotten on :
 
Legal,

That is what I believe also. The SEC attorneys have been made aware of a potential fraud and must respond. Because of the way this was done I am pretty certain they must report it.

Let's see what happens.
 
Posted by Ric on :
 
I think the biggest problem will be filings. But no matter what, I think CMKX has two more problems that will bother the Judge. UC taking the fifth and the co-chairman not knowing nothing about the company. So how can she have pity on the company and believe they are working hard to file when its only two officers told her nothing and the CEO's wife is writing company checks when she supposed to have nothing to do with the company. The Judge asked why UC's wife name was on the checks of course no one knew because there is no records.
 
Posted by Doctoall on :
 
What a circus [Big Grin] Evita would be proud of these clowns.

I wonder if Urban remembers how he got the money to get the race car, bet he remembers how to get to the race track and spend our money

3 ring circus in LA, 3 clowns, Urban, Mahue & Roger.
 
Posted by will on :
 
Another secret? I saw/heard no proof. Where is the share structure?
Oh I know they can't share that information with shareholders, only the Judge and the FBI now. It's a criminal matter now.
OK, I believe yas.
You have till mid July to go on and on about this nonsense. All anyone ever asked is the company be forthright and forthcoming, now you see the reasons the weren't.
You have nothing, there is little to no NSS. and I'll say that until it is proven otherwise by a reputable source.

quote:
Originally posted by legaleagle:
EVIDENCE OF A NAKED SHORT AND ALTERATION OF CUSIP NUMBERS, PRESENTED TO THE JUDGE TODAY, BY LAE, MUST BE TURNED OVER TO THE FBI WITHIN 24 HOURS


 
Posted by Ric on :
 
Someone that was there did say that the Judge made a joke about two small boxes. I guess all the records that could be found when asking the old auditor was in two boxes and I guess the SEC beat it to death for 15 minuted. So the Judge said so I guess there in two small boxes and the group chuckled. Can you imagine a public company fitting 2 years worth of records in two small boxes. lol
 
Posted by Wallace#1 on :
 
legal wrote: "EVIDENCE OF A NAKED SHORT AND ALTERATION OF CUSIP NUMBERS, PRESENTED TO THE JUDGE TODAY, BY LAE, MUST BE TURNED OVER TO THE FBI WITHIN 24 HOURS"

Come on, legal, tell us more. Says who and based upon what? I would say that fraud is also something that should be turned over to the FBI too. What about UC and cohorts and the obvious questions of fraud? There seem to be a few sordid pasts, huh?

Then, there's the question of the IRS. Were no reports filed with the IRS? Did Casavant file honestly with the IRS on his own personal taxes?
With no record keeping, how? No W-2s? Nothing? Can he account for the money he has personally spent on Jade, home, race car-truck-cycle, trips, etc.?

It appears that Urban Casavant has pushed things way beyond control and he will certainly be in trouble beyond just that with the SEC.

[ May 11, 2005, 00:25: Message edited by: Wallace#1 ]
 
Posted by will on :
 
Doesn't surprise me at all Ric. Matter of fact, from what I have seen from this mismanagement team the last year or so, I think two small boxes is a HUGE acclomplishment on their part.
More than Roger Glenn managed to do, "one sheet of paper" !!!
He got $250K for one sheet!
The others involved got at least $70 Million for two small boxes.
That's how they do their math, now I see how they add, subtract, multiply and divide at CMKX, it's $250K per sheet of paper retained. So, in those two small boxes there must have been 280 sheets of paper, and I'm betting 279 are blank and the other is an IOU to Maheu for $80K
 
Posted by will on :
 
Now you know better than that, Wallace, it is a criminal matter now, so it can't be discussed publicly. You will just have to take their word for it, that evidence exist, and is in the Judge's hands, and on it's way to the FBI.
 
Posted by Doctoall on :
 
quote:
Originally posted by will:
Now you know better than that, Wallace, it is a criminal matter now, so it can't be discussed publicly. You will just have to take their word for it, that evidence exist, and is in the Judge's hands, and on it's way to the FBI.

I am so glad that some shareholders took the time to write to the SEC and complain about being ripped off [Big Grin] . It's one of the best letters that I have ever written. Looks like a letter to the IRS is also in order, citizens complaint about possible fraud on taxes [Smile]

Legal, not intimidation, just people being honest, more than I can say for those clowns who run CMKX.
 
Posted by Wallace#1 on :
 
Good point, Will. Gets them off the hook again, huh? No need to ask serious questions about UC's honesty, integrity and competence. Mum's the word! Must, under all circumstances, protect UC and cohorts. Geeeessssuuuussss!@$$%! What the hell is the matter with the CT/Cult Members? EXTREMISTS ALL!!!!!
 
Posted by Ric on :
 
Worst thing about this hearing is we really didn't learn nothing today.
 
Posted by Doctoall on :
 
Only one thing to say to Urban. What goes around comes around.

And one thing for us ripped off sharholders. When the crap hits the fan there is nothing to guarantee that the crap will be distributed evenly [Big Grin]
 
Posted by ed19363 on :
 
Time to hire a lawyer to file a class-action suit against CMKX and UC. May as well throw in a few more. Roger and Maheu for starters. And I'm sure we can come up with more.
Any bets we get something back?
 
Posted by Wallace#1 on :
 
quote:
Originally posted by Ric:
Worst thing about this hearing is we really didn't learn nothing today.

Not correct, Ric. I think shareholders, whether they admit it or not, have learned a considerable amount of information. Problem is, it is not in their favor.
 
Posted by legaleagle on :
 
VCSY CASE CITED BY JUDGE TODAY MAY INDICATE IMMEDIATE FUTURE OF CMKX:

http://www.sec.gov/litigation/admin/34-51469.pdf
 
Posted by legaleagle on :
 
THE SEC REQUESTED A MEETING WITH CMKX AT 10:00 AM TOMORROW MORNING.
 
Posted by will on :
 
What is the matter with them?
Not sure ???
Could be several things:
In so deep that they will believe anything and everything that has a modicum of hope in it.
Can't allow themselves to be wrong for ego reasons.
Just trying to save face.

That might the reasons for the run of the mill faithful. At least one admittedly was given shares.
 
Posted by ed19363 on :
 
Legal, take it and pound it. This chit is about as dead as it can get.
Get your head out of your AZZ for a while.
You might be able to see.
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
THE SEC REQUESTED A MEETING WITH CMKX AT 10:00 AM TOMORROW MORNING.

Could she have already heard enough or nothing and will make a ruling!!!!
 
Posted by Doctoall on :
 
quote:
Originally posted by ed19363:
Legal, take it and pound it. This chit is about as dead as it can get.
Get your head out of your AZZ for a while.
You might be able to see.

Probably more like getting out of Urban's [Big Grin]
 
Posted by will on :
 
.....and that's where and when the Billions of $ settelemnt will be hammered out, right?
You keep believing that, and the tooth fairy will put a quarter under your pillow some night.

quote:
Originally posted by legaleagle:
THE SEC REQUESTED A MEETING WITH CMKX AT 10:00 AM TOMORROW MORNING.


 
Posted by Ric on :
 
I listened to the meeting tomorrow develope over the last hour. It is so funny. Started as a meeting in morning. Then it turned into the SEC called it with no proof but theories started. It has gotten to the point now were there are sayin the SEC is so scared and called this meeting to make a deal to save face.

Isn't this really the same recycled theory when the pre hearing was announced. Even though the Judge through out NSS they claim that the SEC is running scared and is offering a deal that will make them all rich. lol
 
Posted by will on :
 
Speaking of pillows, I'm going to bed. noah, you and your buddies have all night to paint a happy face on this disaster. I'm sure there will be a ton of reposts and new theories in the morning.
 
Posted by will on :
 
Ric, if it wasn't so pathetic it be funny. I'm almost feeling sorry for these folks. They are beat and refuse to see it.
I guess it is difficult to admit being humilated by your own wishful thinking and lies to yourself.
I want to laugh, but can only feel pity for them. It isn't over for them yet either. Someone somewhere, will ring more money out of them with a scheme to redeem their losses, and they will bite, HOOK, LINE, & SINKER !
 
Posted by Wallace#1 on :
 
legal, that ended up a Cease-and-Desist Order, and wasn't nearly as involved or convoluted as this CMKX thing has been. Every thing UC appears to have touched seems to have scam written all over it.
 
Posted by Wallace#1 on :
 
Originally posted by legaleagle:
THE SEC REQUESTED A MEETING WITH CMKX AT 10:00 AM TOMORROW MORNING.
----------------------------
Another thought is that the Judge might have to warn them of other potential legal proceedings in view of certain information that has come to light. Therefore, maybe she is going to tell them not to discuss certain things on the record.
Or if they do, she will have to do something about additional charges.

Such a meeting does sound strange though. Just CMKX (meaning UC and maybe Maheu)? Wouldn't anyone from the SEC be there or object to such a private meeting? To meet with just the CMKX people seems very much out of the ordinary.
 
Posted by Wallace#1 on :
 
I agree with Will. Time for bed. Looking forward to tomorrow.
 
Posted by Wallace#1 on :
 
Correction to my post above. Somehow when reading about that meeting, I completely missed seeing that it was the SEC that requested a mtg with CMKX. My mistake.
 
Posted by bill1352 on :
 
a meeting requested by the SEC...hmmm. lets see the accountant said it would take 30 days once she got all the information needed, only had some canceled checks. the auditor said 90 days once he got everything from the accountant. the judge said she rules in july. now unless i use cmkx math which would give any answer i wanted they are saying 4 months after they get the info they need. info that nobody has a clue as to where it is or if it ever was. this whole thing is on filing or not filing, maybe the SEC wants to point out in private that UC lost he cant file before the judge will rule according to his own ppl. might say here's the deal end it now, save both of us more time & cash & we wont put your scanmmin azz in jail, keep going & get ready for striped suits & not bending over in the shower. from there frizzy can do as he wants if there are any records to prove anything about a NS.
 
Posted by legaleagle on :
 
ChuckWheat
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3. C-Dub's Observations: CMKX Witnesses, Closing
Thread started on: Today at 02:59am

--------------------------------------------------------------------------------
First CMKX Witness: Ed Donhue, CEO, Nevada Minerals (NM)

Mr Donhue (pronounced "dough-no") first had contact with UC in the FALC region (Canada), then moved on to the Yellow River operation. NM has over 500K acres in FALC. He believes CMKX claims are approx. 1M acres.

In stark contrast to RW's seemingly not knowing much about anything, and UC's silence, ED seemed very knowledgeable and in control of issues...he knew process steps in depth. He provided financial data to UC and the CMKX legal team. NM earned $1.1M in revenues this year; CMKX owes $180K, and is in default. UC has agreed to turn over "The SANS(?)" to cure the default.

ED parted with CMKX, and will have another $2M due come Dec 2005. ED stated he broke off the relationship due to an emotional reaction to the investigations...and felt NM would be better off going it alone.

Second CMKX Witness: Robert Mahue, Co-Chairman and Director, CMKX

Mr Mahue (IBM) commanded a certain respect as he entered, but had a few moments of levity as well. One of these moments came immediately after he entered the courtroom. The judge asked him to approach, and she remarked "you seemed to have taken the long way around", referencing the fact that he went the longer route to the witness stand. IBM replied "I'll make it!", to which a burst of appreciative laughter rang around the room.

IBM stated that UC asked him to join CMKX in Feb 2005.

When asked why he joined, he replied "I'm intrigued by challenges and difficult assignments...been that way since I was 10 years old." He went on to express his interest in shareholder well-being, and proudly stated his background was impecable...not afraid of background checks.

When asked "how can you help?": Understands compliance needs. "I'm no novice. Fifty years ago he set up government programs to assist small businesses become compliant.

"What did UC expect?" IBM: "I don't know what UC expects. But I told him I'd surround myself with a team that would clear past mistakes- and CMKX would have to be compliant in the future.

"Do you have reservations about being part of a company under investigation?" IBM: No.

"How much are you compensated?" IBM: $40K a month

"How much time spent with his team?" IBM: A LOT of time with them. IBM went on to say, "I earned the nickname "The man with the whip...I still have that whip."

The judge pressed IBM: "Others have testified that information hasn't been forthcoming from the company, but you see it differently" IBM: To my knowledge, the info has been provided. She then asked IBM: All the other witnesses talk about dealing with UC...but you haven't been mentioned. IBM: I am aware of the requests, but not for the responsiveness.

IBM has known Mr Stocklein for 15 years. Stocklein's office does more than just legal, also financials.

Then Mr Frizzell: If a dispute between UC and yourself existed, who would prevail? IBM: I would consult Mr Stocklein.

IBM, like UC, conducts business from his home address.

IBM couldn't give dates when reports would be finished, but stated "I assure you, it will be done".

SEC began cross examination: "Does CMKX have any offices?" IBM: Not to my knowledge.

"Do you know numbers of employees, or names?" IBM: No

"Are there any other directors of the company?" IBM: No

"Have you ever disagreed with a decision of UC?" IBM: "No, I have not".

The Feb 17, 2005 PR was written by IBM.

IBM doesn't know the assets or liabilities.

SEC: "In Sept 13, 2004 PR, it was stated that CMKX received $5M from St George Metals. Can you tell me where that money is?" IBM: "I don't, but I'll follow up with you and tell you".

Judge: "Were you bought for your legitamacy?" IBM: "To date, I've only been paid $80K. I've spent a lifetime in business, and I'm paid for my expertise".

Judge: "Do you think you may be being used by CMKX?" IBM: "No, I do not".

Final CMKX Witness: Christine Buck, Securities Law Institute (sub-company of Stocklein law firm)

Christine is responsible for starting work to get compliance documents in order. She ordered ALL documents, received "boxes" of information...PRs, agreements, shareholder equity forms, mining claims (she has verified the claims). Also pulled GSI Online Filinigs (similar to Edgar reports). In short, pulling everything.

When reviewed the July 22, 2003 Form 15, she was troubled by the lack of reporting prior to it. Review of form revealed that a discrepancy existed in shareholder numbers. Based on her research, there were more than 300 shareholders. She contacted Kevin O'Neil (sp) from the SEC, and asked what should be done. He told Christine that the Form 15 needed to be amended. She then verified the (share) numbers with the Transfer Agent. After some internal conversation, it was agreed that amending the Form 15 was the best course of action...and was done in July 2003.

A problem that surfaced immediately afterwards was the 60 day requirement to get current following the Form 15 amendment. Mr Desormo told Christine that she needed someone else to take care of that (Mr Desormo was paid $1.5M to do all this).

Edwards and Engles (sp?) law offices produced a one page letter, when information was requested from them.

Christine stated the10K work is ongoing. Still getting info gathered and organized...called it "an ongoing process". When asked what significant docs were missing, she stated "Financial statements. The mining claims are verfied via the "Sask. Industry Resource", which is a Canadian Gov't run website (she didn't know the URL). It took days to download these claims, due to the sheer number of them. ( ) She was very surprised she couldn't get this info from the former lawyers and accountants.

Judge: "Do you have enough understanding to complete the reports?" Christine: We can begin with what we have.

Mr Frizzell began his questioning.

"Who's paying for your work?" CB: I don't know. Not being paid by stock.

"How many boxes of infor did you get?" CB: I don't know. Debbie (coworker) got them for her.

CB: A lot of info to go through, and a lot of progress getting it done.

"Is CMKX prioritized among your 40 other clients?" CB: (CMKX) is not especially prioritized. Filings could be done if all documents were present.

The SEC began cross...had a good spat over the number of banker boxes you could fit a response into...Mr Stocklein finally stopped it all with an objection, and the judge got everyone laughing again with a "I think it's two boxes of info". LOL

SB also testified that Mr Desormo was paid with stocks, and she doesn't know why.

The jade contracts were brought up again. SEC asked if she had requested the contracts. SB: Not yet

SEC: Can you file unaudited reports? SB: No
SEC: When will you have them ready? SB: Won't speculate

***End of Testimony***

Closing:

IMPORTANT NOTE: SEC tried to have the exhibit discussing NSS they prepared (in case the ruling got reversed) removed from the evidence. Mr Frizzell stopped them cold! (We're getting our $25 worth from him, and then some, IMHO). In short, NSS is part of the court record, which is a very significant event!

Judge wrapped up with dates for the attorneys (June 3rd, 17th, and 29th). These dates are for responses and counters and final rebuttal. They have to have all info to the judge by June 29, and she has until July 15th to make a ruling.

********
My Closing Notes for this Evening: I got to meet and speak with several good people, including Mogoo. MLDiamonds, and Cesar Salazar. I also got to speak with UC, IBM, Mr Frizzell, John Martin, and others.

I'll give more detailed notes and some thoughts on how I interpretted all this soon, but for tonight, the C-Dubster is spent. I hope this is useful to those looking for more fact than spin...but remember too that my notes and/or memory may not be perfect on all things, but I won't lie to you intentionally.

Best Wishes to All, and Goodnight-
C-Dub
 
Posted by legaleagle on :
 
ChuckWheat
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2. C-Dub's Observations: SEC Witnesses
Thread started on: Today at 01:15am

--------------------------------------------------------------------------------
First SEC Witness: Neil Levine (CPA), the resigning CMKM auditor.

As stated in the opening remarks post, he was paid a retainer of $100K, even though he only required a $50K retainer. When the judge asked why CMKX paid more, he stated it appeared they wanted the job done quickly, with many of his staff working on it almost immediately. He was hired on/about Jan 10, and requested the financials again on Jan 17. Requested financials included general ledgers, statements, and general corporate documents; none were provided. When CMKX received it's subpeonas, John Edwards referred Mr Levine to UC.

Mr Levine was dealing directly with UC, Mr Dessormo (sp)(former CFO). He stated that UC seemed quite eager to get reporting, in fact he hired him the same evening as they spoke. UC also spoke of his desire to move to another trading board, specifically the bulletin boards or even higher. Mr Levine said the SEC subpoena was in effect at the time, but he was not informed of it at the time. He was provided a copy by Mr Stocklein, who also informed him in March 2005 that he (Stocklein) had his subcontractors working on the books.

Levine went on to describe progress as "slow". In April 2005, the company continued to tell Mr Levine that work on the reports was still progressing slowly, with no reasons given. The judge asked how long it would take to get completely caught up on the financials, Mr Levine replied "three months", if a perfect set of financials were provided to him. The financials build on previous years, so they would have to be audited in sequence.

Mr Levine's letter of termination to CMKX was read to the court.

On cross-examination by Mr Frizzell, Mr Levine testified that the transfer agent would be the source for O/S info on the 10Ks. Mr Frizzell was a strong presence...he fired up a court room that was feeling the effects of financial testimony and a long sit on a hard bench.

Second SEC Witness: Chris Nall, greenbaron.com
Mr Nall (sp?) was called basically to discuss a chart many of us in the spectator section couldn't see, that referenced information regarding CMKI/CMKM/CMKX's volume on bar graphs and the PPS on a line graph, as I understood it. He was asked by the SEC about the 2004 webcast he conducted with UC and RW. Not a lot there to tell ya'll about, in honesty, from my POV.

Third SEC Witness: Helen Bagley, owner, First Transfer (our stock agent).

Under SEC questioning, Helen stated she believed the shareholder records were accurate.

She also went on to explain how the "shareholder of record" process worked briefly; she stated that broker shares are not part of the total. A company called "Cede and Co." holds the shares for all non-certificate holders. According to her records, there were 17B shares in 2003, divvied up among 698 shareholders.

She went on to discuss the categories of shares she tracked: "Issued shares" refers to share that are in distribution via certificate; "Surrendered Shares" refer to Issued Shares that are returned (usually because of a transfer in ownership); Outstanding Shares (O/S) is simply a calculation of the Issued Shares, minus the Surrendered Shares.

She is unable to tell how many shareholders have shares in street name.

When asked by the SEC, Helen stated there was no record of CMKX management inquiring into the number of shareholders in July 2003.

She went on to state there were 300+ shareholders in Jan 2003.

As of Dec 2004, 2 trillion shares were issued, and 1.4 trillion shares surrendered, leaving an O/S of approx. 778 billion shares.

Helen also testified she had no knowledge of the "stock borrow program.

Based on the questions posed by the judge, it appears the O/S issue is very much on her mind.

Fourth SEC Witness: Susan Herring, OTIS Point; CMKM Book Keeper

Brought on in the beginning of Mar 2005. $20K retainer was paid (by Stocklein, I believe). Bill rate is approx. $45-150 per hour. Previous book keeper was David Desormo (sp), former CFO; she's never spoken to him directly. Previous records consisted of three inches of materials in a binder.

She's currently gathering data on drilling costs, etc. She believes the SCMKX office is now located in UC's personal residence. She has never visited there because she is uncomfortable with going to his home.

Mr Stocklein's office is straight across the hallway from Susan's office.

Susan testified of continuing delays in getting financial data from CMKX. UC's wife (Carolyn) has signatory authority for the accounts; no controls on use of CMKX funds exist to her knowledge. Carolyn used authority during UC's serious illness last year to keep operations running.

Susan has put together a draft general ledger for 2002-2004. It is incomplete and not verified, so it is a draft. There was a $56M jade collection purchase made, but apparently it was reversed too...but the paperwork for the reversal hasn't made it in yet. A second jade collection valued at $60M was made (no dates I can recall, sorry)...no reversal action taken to date.

The draft ledger also listed a $24M undisclosed arrangement, and no revenues are presently recorded for 2002/2003/2004. UC has apparently loaned the company money, but has no documentation on those loans presently. (If I understood it correctly) we were $36M in the hole, as of Dec 2004, based on the incomplete draft ledger numbers.

It would take Susan's team approx. 30 days to complete the 2002-2004 reports, once all the data was handed over to her.

+
Fifth SEC Witness: Rendell Williams; CEO, USCA
First met UC in Jan 2004; Ed Dhoneu (CEO, Nevada Minerals) was also present. UC brought up that CMKM "needed to be reporting". Rendell was surprised CMKX wasn't reporting already. Over the following year, UC told RW approx. 10-12 times that he was getting close to being ready to be fully reporting. He believed UC wanted to announce at the shareholder party that the company was reporting.

RW stated he didn't know why CMKX hasn't been reporting, or when they would be.

SEC played recording of RW and UC's Oct 18, 2004 GreenBaron interview. RW testified it took place at UC's home. The SEC requested to play the webcast in it's entirety; Mr Stocklein objected, stating everyone in the court room had already heard it. The judge stated she believed the shareholders would like to hear it; she then asked the shareholders how many had heard it (nearly every hand in the spectator section was raised). This seemed to surprise her; she then asked "how many would prefer we don't play it again?"...again, nearly every hand rose.

The judge overruled all of us! LMAO!

We then listened to all 17 minutes of the interview. RW sat next to the computer playing the webcast (it was using the witness microphone to play the webcast over the courtroom speaker system). He looked like he was burdened, especially so during the interview discussion where the 3:1 stock split was discussed.

RW also stated Robert Glenn (RG) was brought on board to solve problems, get reporting, and remove obstacles.

Cross Examination: Mr Stocklein questioned RW; RG is still doing USCA's legal work.

Discussion evolved to roles in the Yellow River mining in Equador. As RW described it, USCA's role was to process ore...and the operation was generating revenue. Apparently Yellow River is owned 100% by USCA; CMKX owns the shafts and claims, USCA processes the ore and is responsible for selling the minerals. CMKX gets 50% of the haul. Most of the revenues generated to date have been put back into the mine operations. Processed approx $90-120K (gross) in 2004, 50% of which was paid to CMKX. RW receives weekly reports from So. America.

The shaft CMKX owns is called "American Mine". Been in operation since the 1900's, has 14 levels. Named as such, because Americans dug it out. There was no revenue for 2003, and no data vailable for 2005 yet.

The subject of RW's background was brought up. He has been in the mining industry for two years...before that, he was in food processing (baby formulas).

Mr Frizzell then cross examined. He asked RW if USCA was invested into CMKX, or the other way around; RW stated it was the former. RW couldn't recall how much he invested in CMKX. He paid stocks to CMKX (more than 1M shares), which were distributed to the shareholders. Mr Frizzell asked if there was anything unusual about the Oct 2004 Shareholder Appreciation party...RW stated he had no recollection of anything unusual (the shareholders present were obviously ruffled by this statement). RW went on to state he wasn't planning to make any announcements during the party...just thought UC may announce that CMKX was reporting.

USCA is also a few weeks behind on their last report...but OK on all others.

Mr Frizzell asked RW to describe all the roles at Yellow River in more detail. RW stated CMKX started processing minerals in Sept 2004. In short, CMKX pulls minerals out, Nevada Minerals operates the mine, and USCA processes the ore. USCA is also responsible for selling the gold.

RW went on to state he has no idea how much it costs to run the operation in Yellow River. He believes CMKX has paid all money due to USCA, but knows CMKX still owes Nev. Minerals some money.

Final SEC Witness: Urban Casavant; CEO, CMKM/CMKX
Urban took the stand, and asserted his 5th amendment rights under the US Constitution for all questions asked of him on the stand. The judge took the time to explain the ramifications; in a criminal court, a jury is instructed NOT to infer anything negative when a defendent invokes his right to non-self incrimination. But in a civil matter (like this hearing), an "adverse inference" may be drawn on the company by a refusal of a CEO to testify. UC's demeanor was calm, reserved during questioning. All questions answered the same: "5th Amendment". The SEC still questioned him on several detailed points, to which the same answer was given.
 
Posted by legaleagle on :
 
ChuckWheat
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3. C-Dub's Observations: CMKX Witnesses, Closing
Thread started on: Today at 02:59am

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First CMKX Witness: Ed Donhue, CEO, Nevada Minerals (NM)

Mr Donhue (pronounced "dough-no") first had contact with UC in the FALC region (Canada), then moved on to the Yellow River operation. NM has over 500K acres in FALC. He believes CMKX claims are approx. 1M acres.

In stark contrast to RW's seemingly not knowing much about anything, and UC's silence, ED seemed very knowledgeable and in control of issues...he knew process steps in depth. He provided financial data to UC and the CMKX legal team. NM earned $1.1M in revenues this year; CMKX owes $180K, and is in default. UC has agreed to turn over "The SANS(?)" to cure the default.

ED parted with CMKX, and will have another $2M due come Dec 2005. ED stated he broke off the relationship due to an emotional reaction to the investigations...and felt NM would be better off going it alone.

Second CMKX Witness: Robert Mahue, Co-Chairman and Director, CMKX

Mr Mahue (IBM) commanded a certain respect as he entered, but had a few moments of levity as well. One of these moments came immediately after he entered the courtroom. The judge asked him to approach, and she remarked "you seemed to have taken the long way around", referencing the fact that he went the longer route to the witness stand. IBM replied "I'll make it!", to which a burst of appreciative laughter rang around the room.

IBM stated that UC asked him to join CMKX in Feb 2005.

When asked why he joined, he replied "I'm intrigued by challenges and difficult assignments...been that way since I was 10 years old." He went on to express his interest in shareholder well-being, and proudly stated his background was impecable...not afraid of background checks.

When asked "how can you help?": Understands compliance needs. "I'm no novice. Fifty years ago he set up government programs to assist small businesses become compliant.

"What did UC expect?" IBM: "I don't know what UC expects. But I told him I'd surround myself with a team that would clear past mistakes- and CMKX would have to be compliant in the future.

"Do you have reservations about being part of a company under investigation?" IBM: No.

"How much are you compensated?" IBM: $40K a month

"How much time spent with his team?" IBM: A LOT of time with them. IBM went on to say, "I earned the nickname "The man with the whip...I still have that whip."

The judge pressed IBM: "Others have testified that information hasn't been forthcoming from the company, but you see it differently" IBM: To my knowledge, the info has been provided. She then asked IBM: All the other witnesses talk about dealing with UC...but you haven't been mentioned. IBM: I am aware of the requests, but not for the responsiveness.

IBM has known Mr Stocklein for 15 years. Stocklein's office does more than just legal, also financials.

Then Mr Frizzell: If a dispute between UC and yourself existed, who would prevail? IBM: I would consult Mr Stocklein.

IBM, like UC, conducts business from his home address.

IBM couldn't give dates when reports would be finished, but stated "I assure you, it will be done".

SEC began cross examination: "Does CMKX have any offices?" IBM: Not to my knowledge.

"Do you know numbers of employees, or names?" IBM: No

"Are there any other directors of the company?" IBM: No

"Have you ever disagreed with a decision of UC?" IBM: "No, I have not".

The Feb 17, 2005 PR was written by IBM.

IBM doesn't know the assets or liabilities.

SEC: "In Sept 13, 2004 PR, it was stated that CMKX received $5M from St George Metals. Can you tell me where that money is?" IBM: "I don't, but I'll follow up with you and tell you".

Judge: "Were you bought for your legitamacy?" IBM: "To date, I've only been paid $80K. I've spent a lifetime in business, and I'm paid for my expertise".

Judge: "Do you think you may be being used by CMKX?" IBM: "No, I do not".

Final CMKX Witness: Christine Buck, Securities Law Institute (sub-company of Stocklein law firm)

Christine is responsible for starting work to get compliance documents in order. She ordered ALL documents, received "boxes" of information...PRs, agreements, shareholder equity forms, mining claims (she has verified the claims). Also pulled GSI Online Filinigs (similar to Edgar reports). In short, pulling everything.

When reviewed the July 22, 2003 Form 15, she was troubled by the lack of reporting prior to it. Review of form revealed that a discrepancy existed in shareholder numbers. Based on her research, there were more than 300 shareholders. She contacted Kevin O'Neil (sp) from the SEC, and asked what should be done. He told Christine that the Form 15 needed to be amended. She then verified the (share) numbers with the Transfer Agent. After some internal conversation, it was agreed that amending the Form 15 was the best course of action...and was done in July 2003.

A problem that surfaced immediately afterwards was the 60 day requirement to get current following the Form 15 amendment. Mr Desormo told Christine that she needed someone else to take care of that (Mr Desormo was paid $1.5M to do all this).

Edwards and Engles (sp?) law offices produced a one page letter, when information was requested from them.

Christine stated the10K work is ongoing. Still getting info gathered and organized...called it "an ongoing process". When asked what significant docs were missing, she stated "Financial statements. The mining claims are verfied via the "Sask. Industry Resource", which is a Canadian Gov't run website (she didn't know the URL). It took days to download these claims, due to the sheer number of them. ( ) She was very surprised she couldn't get this info from the former lawyers and accountants.

Judge: "Do you have enough understanding to complete the reports?" Christine: We can begin with what we have.

Mr Frizzell began his questioning.

"Who's paying for your work?" CB: I don't know. Not being paid by stock.

"How many boxes of infor did you get?" CB: I don't know. Debbie (coworker) got them for her.

CB: A lot of info to go through, and a lot of progress getting it done.

"Is CMKX prioritized among your 40 other clients?" CB: (CMKX) is not especially prioritized. Filings could be done if all documents were present.

The SEC began cross...had a good spat over the number of banker boxes you could fit a response into...Mr Stocklein finally stopped it all with an objection, and the judge got everyone laughing again with a "I think it's two boxes of info". LOL

SB also testified that Mr Desormo was paid with stocks, and she doesn't know why.

The jade contracts were brought up again. SEC asked if she had requested the contracts. SB: Not yet

SEC: Can you file unaudited reports? SB: No
SEC: When will you have them ready? SB: Won't speculate

***End of Testimony***

Closing:

IMPORTANT NOTE: SEC tried to have the exhibit discussing NSS they prepared (in case the ruling got reversed) removed from the evidence. Mr Frizzell stopped them cold! (We're getting our $25 worth from him, and then some, IMHO). In short, NSS is part of the court record, which is a very significant event!

Judge wrapped up with dates for the attorneys (June 3rd, 17th, and 29th). These dates are for responses and counters and final rebuttal. They have to have all info to the judge by June 29, and she has until July 15th to make a ruling.
 
Posted by glassman on :
 
What did UC expect?" IBM: "I don't know what UC expects. But I told him I'd surround myself with a team that would clear past mistakes- and CMKX would have to be compliant in the future.

i seem to remeber that Roger Glenn was the knight in shining armor for this job....

i remeber being told that Glen was squeeeeky clean, and could move mountians...they may have even said something about water and wine... [Big Grin]
 
Posted by glassman on :
 
Who's paying for your work?" CB: I don't know. Not being paid by stock. that's purrrrrrty smart.. [Big Grin]
 
Posted by Ric on :
 
Doesn't it concern anyone that they are paying a lot of money to people that either do nothing or don't get any records to do anything. UC seems to be paying for a smoke screen here. Yeah, we trying our best to file. Look at all the money we are spending to get filed. Yet everyone whos job it is or was to prepare these filing say that the company refuses to give them records. Seems like everyone that was hired for the job ends up quitting in fustration because they get nothing to work with.

So why the illusion of progress. Does UC think this is a get out of jail free card.
 
Posted by Doctoall on :
 
Actually, I hope that Urban goes to jail. The SEC is not rolling over and playing dead with these guys who scam the shareholders.

Do they have the races on TV in jail? [Big Grin]
 
Posted by bill1352 on :
 
As of Dec 2004, 2 trillion shares were issued, and 1.4 trillion shares surrendered, leaving an O/S of approx. 778 billion shares.
========================================


& there is your NS, wiped out before it started. my question is HOW THE "F" DO YOU ISSUE 2 TRILLION SHARES??!!!!


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


She also went on to explain how the "shareholder of record" process worked briefly; she stated that broker shares are not part of the total. A company called "Cede and Co." holds the shares for all non-certificate holders. According to her records, there were 17B shares in 2003, divvied up among 698 shareholders.

She went on to discuss the categories of shares she tracked: "Issued shares" refers to share that are in distribution via certificate; "Surrendered Shares" refer to Issued Shares that are returned (usually because of a transfer in ownership); Outstanding Shares (O/S) is simply a calculation of the Issued Shares, minus the Surrendered Shares.

She is unable to tell how many shareholders have shares in street name.

When asked by the SEC, Helen stated there was no record of CMKX management inquiring into the number of shareholders in July 2003.

She went on to state there were 300+ shareholders in Jan 2003.

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

explains why frizzy thinks its shorted & puts the final nail in the coffin. the judge called todays meeting. i'd say to tell everyone that unless a miracle happens kiss the stock good bye. as its clear there is no way to get reporting & UC delaying handing over info says it all. maybe if info was handed over when asked for she might give them time but as it stands...case closed.
 
Posted by ed19363 on :
 
Why give them more time? If UC hasnt turned over records by now, he never will.
Best case scenario here is shut it down, charge UC with whatever you can, put his butt in jail, split up the race cars and nice house among the shareholders, and move on.
 
Posted by Ric on :
 
I hope his roommates name is bubba and was burnt by cmkx stocks.


quote:
Originally posted by Doctoall:
Actually, I hope that Urban goes to jail. The SEC is not rolling over and playing dead with these guys who scam the shareholders.

Do they have the races on TV in jail? [Big Grin]


 
Posted by will on :
 
"& there is your NS, wiped out before it started. my question is HOW THE "F" DO YOU ISSUE 2 TRILLION SHARES??!!!!"

Where is the proof of the NSS ?

Looks to me like CMKX took the NSS right out of the equation.

The Judge has the NSS evidence is sending it the FBI. Where did that come from? Looks like she might have evidence of something else going on.
 
Posted by ed19363 on :
 
It's over, guys.
There is nothing left to fight over.
We've been royally screwed, even the other boards are acknowledging it now.
Probably the only person in the world on UC's side now is legaleagle.
This too shall end.
 
Posted by will on :
 
Other boards?

Did you check CT, I bet they're still fasting, praying, and even having a little holy roller celebration because the future looks so bright for CMKX.
They'll tell you that it is a good thing the usual suspects weren't carted off to jail immediately, means the Judge is sympatheitc to CMKX and everything will be ok, we'll all be rich!
 
Posted by will on :
 
ed, they're probably whooping it up telling each other today's meeting, that Judge called, between CMKX and the SEC is the Billion Dollar settlement.
Not buyout, CitiGroup was the buyout, this is "THE SETTLEMENT"

LOL !!!
 
Posted by bill1352 on :
 
the judge called today meeting thus the only thing going to the fbi is UC's records...lol. i bet by tonight its over
 
Posted by will on :
 
It's pathetic, the wild claims, theories and inuendo these people used to influence others into there web of deceit and misery now.
I just can't figure out why they did it? Did they not know their wild pumping and fantasies would influence others to buy. What did they gain from it? .0001, and never was going to move.
Why did you do it noah, debbie?
 
Posted by JEAL on :
 
quote:
Originally posted by will:
It's pathetic, the wild claims, theories and inuendo these people used to influence others into there web of deceit and misery now.
I just can't figure out why they did it? Did they not know their wild pumping and fantasies would influence others to buy. What did they gain from it? .0001, and never was going to move.
Why did you do it noah, debbie?

Will -

In my opinion - ( and no I am not Debbie or Noah ) For the same reason that you have your position - beliefs and interpretation of what could be, could have been and what if.....

Yes - I am a fence sitter. Optimistic but a realistic position
 
Posted by will on :
 
There were and are many more facts to support a con position then there were to support a pro position.

Just the lack of information forthright and forthcoming from the company would lead any sane thinking person to be cautios, but these folks pumped it by wild interpretation and claims of a bright future that were dashed time after time, for a year plus.

You think they did it because they believed in this company and interpreted things differently? Just the hope of being right and maybe winning the lottery? Did no one realize they were taking unsuspecting people with them? Is there no responsibility on their part for influencing others?
 
Posted by glassman on :
 
chill will.. [Big Grin] anybody who buys a micro knows they are playing wih fire...

the question is will it turn out to be a match and burn you?

or will it become a nice comfortable bon-fire...

or will it turn out to be Texas crash and burn bon-fire...
 
Posted by will on :
 
True glass, but.....
OK I'll get off of it.
Someone needs to be held accountable and seeing that I cannot excercise any defacto power and make anyone accountable, I'll shut up, knowing that there stubborness is rewarded with their losses.
 
Posted by glassman on :
 
we all tried to post the facts as we saw 'em, i'm not defending them, but ther just isn't any point in kicking them when they are down...
 
Posted by will on :
 
I agree. However, I will wager they do not see themselves as being down. They will be back with more bluesky and eyewash.
Wanna bet?

quote:
Originally posted by glassman:
we all tried to post the facts as we saw 'em, i'm not defending them, but ther just isn't any point in kicking them when they are down...


 
Posted by JEAL on :
 
quote:
Originally posted by will:
......You think they did it because they believed in this company and interpreted things differently? Just the hope of being right and maybe winning the lottery? Did no one realize they were taking unsuspecting people with them? Is there no responsibility on their part for influencing others?

1. That could be it exactly.
2. Quite often Lottery = pinks / grey.
3. Everyone is responsible for their own investments. No one holds them over the buy button forcing them to buy. There is the technical portion ( charts ) for stocks, gut instinct, DD, insider info, hopes and prayers, as well as Chits and giggles etc....its each ones responsiblility to chose their course of action.

In reality - and this is a fact - there is always the potential ( regardless of how much or how little ) that this could turn around. Until CMKX is pulled from the exchange indefintely, no one can say for 100 % else wise either way.

Cheers
 
Posted by glassman on :
 
quote:
Originally posted by will:
I agree. However, I will wager they do not see themselves as being down. They will be back with more bluesky and eyewash.
Wanna bet?

quote:
Originally posted by glassman:
we all tried to post the facts as we saw 'em, i'm not defending them, but ther just isn't any point in kicking them when they are down...


yes i bet you are correct, and when they do hit 'em with facts...
sounds to me like some criminal charges may be filed..the fifth isn't there to protect the innocent IMO....
 
Posted by will on :
 
"Until CMKX is pulled from the exchange indefintely, no one can say for 100 % else wise either way."

If you REALLY believe that then I encourage you to buy more.

Will you be buying more CMKX?
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
legal wrote: "EVIDENCE OF A NAKED SHORT AND ALTERATION OF CUSIP NUMBERS, PRESENTED TO THE JUDGE TODAY, BY LAE, MUST BE TURNED OVER TO THE FBI WITHIN 24 HOURS"

Come on, legal, tell us more. Says who and based upon what? I would say that fraud is also something that should be turned over to the FBI too. What about UC and cohorts and the obvious questions of fraud? There seem to be a few sordid pasts, huh?

Then, there's the question of the IRS. Were no reports filed with the IRS? Did Casavant file honestly with the IRS on his own personal taxes?
With no record keeping, how? No W-2s? Nothing? Can he account for the money he has personally spent on Jade, home, race car-truck-cycle, trips, etc.?

It appears that Urban Casavant has pushed things way beyond control and he will certainly be in trouble beyond just that with the SEC.

SEC regs: 17F-1: Counterfeit Securities. Every reporting institution shall report the discovery of any counterfeit securities certificate to the Commission or its designee, to a registered transfer agent for the issue, and to the Federal Bureau of Investigation within one business day of such discovery.
 
Posted by JEAL on :
 
quote:
Originally posted by will:
"Until CMKX is pulled from the exchange indefintely, no one can say for 100 % else wise either way."

If you REALLY believe that then I encourage you to buy more.

Will you be buying more CMKX?

Will,
As mentioned a few times and Wallace I am sure will concur. I have stated that I am optimistic, but hold a realistic position. Realistic defined as seeing what takes place, understanding the negative ramifications of comapny officers actions and seeing both sides good and bad
The fact Will still remains the same. Until they are pulled from the exchange - and this is a fact - you can only gather all facts good and bad - and I agree, there are a lot of bad ones right now - you can not say that it is over.
When and if they are pulled from the exchange, ok - so be it, that is life and that is the pinks. Pick-up and move on. However, until they are pulled, they are in my portfolio and will remain there until it is TRULY over.

CHEERS
 
Posted by Wallace#1 on :
 
Here's another bit I found most interesting:

"Final SEC Witness: Urban Casavant; CEO, CMKM/CMKX

Urban took the stand, and asserted his 5th amendment rights under the US Constitution for all questions asked of him on the stand. The judge took the time to explain the ramifications; in a criminal court, a jury is instructed NOT to infer anything negative when a defendent invokes his right to non-self incrimination. But in a civil matter (like this hearing), an "adverse inference" may be drawn on the company by a refusal of a CEO to testify. UC's demeanor was calm, reserved during questioning. All questions answered the same: "5th Amendment". The SEC still questioned him on several detailed points, to which the same answer was given. "

NOTE: The Judge told Uuban Casavant, in no uncertain terms, that his refusal to testify would create an "adverse inference" since there was no jury.....only herself as Judge and Jury.
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
Originally posted by legaleagle:
THE SEC REQUESTED A MEETING WITH CMKX AT 10:00 AM TOMORROW MORNING.
----------------------------
Another thought is that the Judge might have to warn them of other potential legal proceedings in view of certain information that has come to light. Therefore, maybe she is going to tell them not to discuss certain things on the record.
Or if they do, she will have to do something about additional charges.

Such a meeting does sound strange though. Just CMKX (meaning UC and maybe Maheu)? Wouldn't anyone from the SEC be there or object to such a private meeting? To meet with just the CMKX people seems very much out of the ordinary.

THE JUDGE DIDN'T ORDER THE MEETING. SEC REQUESTED IT OF CMKX. URBAN WAS PREPARING TO GO BACK TO VEGAS AND HAD TO STAY OVER TO ATTEND. THE JUDGE WON'T EVEN BE THERE.
 
Posted by Wallace#1 on :
 
legal,

THANK YOU for providing the preceeding information.
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
Originally posted by legaleagle:
THE SEC REQUESTED A MEETING WITH CMKX AT 10:00 AM TOMORROW MORNING.
----------------------------
Another thought is that the Judge might have to warn them of other potential legal proceedings in view of certain information that has come to light. Therefore, maybe she is going to tell them not to discuss certain things on the record.
Or if they do, she will have to do something about additional charges.

Such a meeting does sound strange though. Just CMKX (meaning UC and maybe Maheu)? Wouldn't anyone from the SEC be there or object to such a private meeting? To meet with just the CMKX people seems very much out of the ordinary.

I DIDN'T CITE IT, THE JUDGE DID.
 
Posted by bill1352 on :
 
personlly i hold the sterling types responsable. our pal legel & those in his class got suckered by ppl paid in shares to run the pump. they preyed on human nature, the desire for better & the need of hope. i would not be suprised if the judge saw that in court yesterday & its behind the meeting she called for today. i'm sure she got a large number of letters & emails, ppl calling her office. she knows how the OG got started. i bet she is telling UC & crew the game is over. the stuff legel posted this morning is the damning evidence to which i will give him credit for even posting. when the SEC's best witnesses are called by the cmkx lawyers you know your in trouble. & she would be doing it to save the cult more then anything, not the lottery ticket buyers of which 90% or better make up the total shareholder count. at some point reality has to set in, it will take a while for some & never will for others but if the judge can close it down now it will start the proccess. if UC gets criminal charges then green baron, zen, sterling, dr. d & a few others should be right next to him.
 
Posted by JEAL on :
 
quote:
Originally posted by will:
...Will you be buying more CMKX?

To answer the question directly.

No. This is the realism portion of my fence sitting.
I have 5 million that I bought a year ago, and still have them. I did not submit them to the attorneys or anything of that nature.
 
Posted by ed19363 on :
 
No problem...the dice tables will still be there when he gets back.
 
Posted by legaleagle on :
 
bill1352
Member


Member Rated:
posted May 11, 2005 10:00
--------------------------------------------------------------------------------
As of Dec 2004, 2 trillion shares were issued, and 1.4 trillion shares surrendered, leaving an O/S of approx. 778 billion shares.
========================================


& there is your NS, wiped out before it started. my question is HOW THE "F" DO YOU ISSUE 2 TRILLION SHARES??!!!!


BILL, DO YOU REALLY TAKE TIME TO LOOK AND UNDERSTAND BEFORE YOU ATTACK?

WHEN YOU BUY ELECTRONIC SHARES, CERTS ARE ISSUED TO CEDE & CO AND ARE HELD UNTIL YOU SELL THEM. WHEN YOU DO, THE "CERT" IS CANCELLED. IF SOMEONE BUYS YOUR SHARES, A NEW "CERT" IS ISSUED TO THE NEW OWNER.

IT WASN'T 2 TRILLION SHARES ISSUED, IT WAS REPETITIVE ISSUANCE OF THE SAME SHARES OVER AND OVER AS THEY WERE BOUGHT AND SOLD.
 
Posted by legaleagle on :
 
quote:
Originally posted by will:
"& there is your NS, wiped out before it started. my question is HOW THE "F" DO YOU ISSUE 2 TRILLION SHARES??!!!!"

Where is the proof of the NSS ?

Looks to me like CMKX took the NSS right out of the equation.

The Judge has the NSS evidence is sending it the FBI. Where did that come from? Looks like she might have evidence of something else going on.

WILL, SAME AS BILL, ABOVE. CHECK YOUR FACTS.
 
Posted by ed19363 on :
 
Since the SEC called the meeting with CMKX, there will probably be nobody there to report what is said or done. Again, we are in the dark until July 15. IMO, the judge already has a good idea what her decision will be, based on the warning she gave UC about the 5th. Lack of defense and testimony by the one person who SHOULD know the answers equals revoked. I expect Green Baron to issue a statement later today calling CMKX the play of a lifetime. The JVs will go about their merry business, those of them that are on the up-and-up. CMKX shareholders will fade away over the next year, as I expect UC will never be allowed to list another company on any exchange.
IMO, everyone is getting what they deserve except the poor people who were sucked into this fiasco by the pumpers, and extreme statements made by Melvin and Andy.
 
Posted by ed19363 on :
 
May they all rot in hell
(EOM)
 
Posted by Wallace#1 on :
 
legal, I corrected my statement that you posted early this morning. As I stated, "My mistake." Just go back a bit and you should be able to find it.

You posted:

"SEC regs: 17F-1: Counterfeit Securities. Every reporting institution shall report the discovery of any counterfeit securities certificate to the Commission or its designee, to a registered transfer agent for the issue, and to the Federal Bureau of Investigation within one business day of such discovery."

legal, the above suggests that someone counterfeited securities. Shorting was/is legally permitted. There is NO proof of counterfeits that I have seen demonstrated.
 
Posted by Doctoall on :
 
quote:
Originally posted by bill1352:
the judge called today meeting thus the only thing going to the fbi is UC's records...lol. i bet by tonight its over

Get the cuffs on him and lets get it over with [Big Grin]
 
Posted by bill1352 on :
 
well maybe your correct on the 2 trillion thing legel. i cant imagine issuing 2 trillion shares but then 703 billion is well past reasonable so..lol i thought i read the judge called the meeting but cant find it. i also cant find anything saying the SEC called the meeting. and as for cusp numbers frizzy said thats what he was looking for, he never said he found any unless it on his interview which i never listened to.
 
Posted by glassman on :
 
there is NOTHING i would like better than to see some of these pump-mills shut down...

i am concerned about how WE (individuals) go about offering OUR OWN opinions without being thrown into the same kettle with those fish tho...
 
Posted by Wallace#1 on :
 
quote:
Originally posted by Wallace#1:
legal,

THANK YOU for providing the preceeding information.

legal, I was speaking of the hearing information you posted. I think that is mighty big of you.

My mistake re the SEC/CMKX mtg was identified and corrected earlier by little ole me.
 
Posted by Doctoall on :
 
quote:
Originally posted by ed19363:
No problem...the dice tables will still be there when he gets back.

Maybe he has some serious packing to get done, jail or leave the country [Big Grin]
 
Posted by will on :
 
Again, wild claims of counterfeit securities certificates. Where is the proof?
Just another fabrication and/or twisting of statement to support their fantasy.
 
Posted by DIGDOUGH on :
 
I sold my shares of this stock months ago. At a loss of course. I'm glad that I did.
 
Posted by will on :
 
" am concerned about how WE (individuals) go about offering OUR OWN opinions without being thrown into the same kettle with those fish tho..."

Easily, when you see all signs pointing to disaster you revaluate your position, and hopefully change your opinion. You don't twist every negative word you kand find into something 180 degrees from its original intent, and surely you don't do it for over a year.
 
Posted by Wallace#1 on :
 
Here's what I think will transpire:

Based mainly upon the Judge's statement to UC about his refusal to testify, the fact that UC purposely made no attempts to inform shareholders of facts and because of her awareness of managerial incompetence, the Judge will rule in favor of the SEC and permit revocation of CMKX.

She will also see that action as being a protection of anyone else buying into the CMKX fiasco. She knows there is nothing that can be done to help people who have already purchased CMKX stock. They will have to suffer the loss and take whatever action they can against UC/CMKX.

Short, sweet and simple as that!!!
 
Posted by Wallace#1 on :
 
RE: The issuance of 2 trillion shares and cancellation of 1.4 trillion shares:

That makes sense because whenever shares are traded and recorded under new ownership, new certs are printed and old certs are destroyed. With 778 billion shares issued and outstanding and with the huge trading activity in CMKX, it would be extremely easy to accomplish the above and still leave about 778 billion outstanding.
 
Posted by bill1352 on :
 
ya think the cult will have a song written "The Day CMKX Died"? maybe a reunion set up. they can trade certs & stories of the great diamond finds, naked shorted shares, how evil mm's & even worse paid bashers ruined their dreams, how UC is off doing charity work. they could get uncle mel to make a guest appearance.
 
Posted by Wallace#1 on :
 
Glass wrote: "" am concerned about how WE (individuals) go about offering OUR OWN opinions without being thrown into the same kettle with those fish tho..."

Glass, some things will never change. The best we can do is offer valid, constructive opinions and bear the consequences of reactions of extremists or those who refuse to look at things objectively....for whatever their reasons.

In this case (CMKX), cult members and avid believers carried things to well beyond reasonable justifications.
 
Posted by Doctoall on :
 
Wallace: I am very happy that you and I had our differences earlier. This helped me to see that CMKX was not going anywhere.

I am among the few who had accumulated at 0.0001 and was able to sell on the run up to 0.0009. I was also able to get rid of more when the crap started to hit the fan.

I am now left with 5 mil and I have the certs, so I will keep them to show my grandkids what a terrible scam this was and hopefully teach them a lesson to be careful when investing.

Now over time we have become friends and I truly treasure the day that the two of us butted heads.
 
Posted by glassman on :
 
i definitely found a pattern of Chrstian traders well before Debi went to the CT board openly....

Bam Bam showed up at the same time she did, and there was that guy Paul before them, in the second half of 03 early 04 before he left...

Noah showed up later as i recall, it's hard to tell whether they were "compensated" or just like purple kool-aid...so many DEFINITELY were compensated....
 
Posted by finky on :
 
When i heard UC took the 5th all i could think about was about a month or two ago when congress dragged the baseball players into hearings to discuss steroids and Mark Maguire sitting there in tears taking the 5th.Now granted he hasnt been convicted of anything but who doesnt beleive that he took them now.Same could be said about Urban now, not convicted of anythingbut all the signs are pointing to this being a con.(hope I'm wrong but not looking good.)should know by the 15th of July.
 
Posted by bill1352 on :
 
i'm bored so i just listened to the first few minutes of the green baron chat with UC & RW that was used in court yesterday. first question to UC..."where are you on reporting?" UC says hi & thanks for having him & then says "we are ahead of schedule on where we should be in reporting"....i had to shut it off, my boss would think i was nuts sitting here lmao & nobody around. that was in Otc. 2004. its a good thing he didn't think he was behind schedule my 16 month old grandbaby would be old by the time he got it out.
 
Posted by will on :
 
"Evidence of a naked short, and alteration of cusip numbers, Counterfeit Securities"

Now this will become their new position for false hope. They will use this to keep their failed dream alive and deny their poor judgement. Others will capitalize on this opportunity to milk them a little more, with more legal actions that will go no where. I am betting these folks that have made all these wild claims and thoeries that fall apart quicker than they can make new ones will be influencing people to join any and all future actions. For more than a year now they have been wrong in their theories, and yesterday's hearing should indicate all is lost, but you watch them run with this nonsense, and without a modicum of proof. Of course they are going to tell you it can't be published because it's a criminal matter now. If ANYONE puts another dime in this lost cause they deserve to lose it.
 
Posted by legaleagle on :
 
YOU ALL CAN WISH AND HOPE FOR THE DEMISE OF CMKX, BUT YOU MIGHT WANT TO WAIT UNTIL A DECISIONS IS MADE IN THIS CASE AND WE SEE THE COMPANY'S RESPONSE. VERY FEW PEOPLE HAVE EVER GONE TO JAIL FOR FAILING TO FILE, BUT MANY HAVE FOR COUNTERFEITING.
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
YOU ALL CAN WISH AND HOPE FOR THE DEMISE OF CMKX, BUT YOU MIGHT WANT TO WAIT UNTIL A DECISIONS IS MADE IN THIS CASE AND WE SEE THE COMPANY'S RESPONSE. VERY FEW PEOPLE HAVE EVER GONE TO JAIL FOR FAILING TO FILE, BUT MANY HAVE FOR COUNTERFEITING.

So what will they say in the response. "We would respond but we forgot to formulate one" ? Or will it be in the 2 file boxes [Big Grin]
 
Posted by Wallace#1 on :
 
quote:
Originally posted by Doctoall:
Wallace: I am very happy that you and I had our differences earlier. This helped me to see that CMKX was not going anywhere.

I am among the few who had accumulated at 0.0001 and was able to sell on the run up to 0.0009. I was also able to get rid of more when the crap started to hit the fan.

I am now left with 5 mil and I have the certs, so I will keep them to show my grandkids what a terrible scam this was and hopefully teach them a lesson to be careful when investing.

Now over time we have become friends and I truly treasure the day that the two of us butted heads.

THANK YOU, DOC!
 
Posted by bill1352 on :
 
legel, the company lost the right to have any say in anything. they had their chances. they could have contacted the t/a before filing the form 15 in the first place. she stated under oath they had over 300 6 months before filing that form. they have had over 2 yrs since to file, report, get ready to report anything.there is no rule, law or even a hint that a 10Q must include a n/s period. thats a 5 yr old kids lie to get out of trouble & complete BS & it doesn't matter how big the supposed NS is. the only person with any say is the judge. why do you think RW couldn't remember anything? i bet 50 ppl in that room knew the numbers. why would the great Roger run from cmkx yet stay with USCA? why would the auditor quit? why did NM get away from cmkx? its a sink hole & they dont want to go under with it. according to your reposts this morning the most damage came from CMKX witnesses plus UC taking the 5th. there are no deals to be made, no but if's, nothing is left except the judge saying close the door on your way out. they have UC lying in prs about an office, on tape with green baron on reporting status, the o/s alone is damaging, would not turn over info when the ppl they are paying ask for it or there is no info to turn over. the judge was given a no-brainer, revoke, plain & simple. and IF frizzy can prove a NS it gets flushed with the rest because there is no company left to cover shares for.
 
Posted by Wallace#1 on :
 
legal, would you be kind enough to provide us with any kind of proof you or anyone else has of counterfeiting? I suspect this came from your CT forum, so please tell us about it. If you cannot, then please be kind enough not to bring it up again.
 
Posted by will on :
 
I for one never believed that anyone was going to get jailed. I do believe CMKX will be revoked though, rendering your investment, WORTHLESS.
I know it hasn't been officially decided but it's pretty much a forgone conclusion, "REVOKED"
Another thing their isn't any NSS, or altered cusip numbers. Show me evidence of it. You have done nothing but speculate and make false fantastic claims like that for a year, and NONE have materialized. Why should we believe you now?
 
Posted by ed19363 on :
 
Okay, it's way past 10 AM on the west coast.
Anybody know a little mouse that might have a report on what was accomplished (if anything)???
 
Posted by Upside on :
 
Even if they're not revoked, they're still under investigation for a multitude of other sins, as is USCA. After what came out yesterday, it's simply a matter of time before they are shut down for good, in my opinion of course.
 
Posted by Wallace#1 on :
 
Will wrote: "I for one never believed that anyone was going to get jailed. I do believe CMKX will be revoked though, rendering your investment, WORTHLESS."

Will, my friend, I think the CMKX thing has been the consumate fraud. Someone, expecially UC, should go to jail and he just might get put there. I don't think all the evidence against him has come out, but what has developed could be enough to convict. If carried beyond the SEC thing, others like Glenn, might be forced to provide evidence that could put Casavant behind bars. I am very surprised that he was not called by the SEC as a witness.

Then, there is the IRS. It's my understanding they customarily review court and proceedings similar to the one discussed. Is UC going to take the 5th when the IRS tells him (not asks) to produce an accurate money trail. Guess what!!!

Remember, there were about 778 billion shares issued by CMKX in return for cash or other assets. Who got it and precisely what happened to it is not a particularly difficult question to ask. Oh yes, and provide receipts (which they apparently do not possess)!

[ May 11, 2005, 16:04: Message edited by: Wallace#1 ]
 
Posted by ed19363 on :
 
That's how they got Al Capone, so it isnt beyond imagination to put UC away for the same thing.
We can only hope that SOMETHING will happen to him for screwing us. He deserves nothing less.
IMOIMOIMOIMOIMO....IMHO
 
Posted by will on :
 
I realize that, Wallace. Mr. legal was referring to this action by the SEC. Again, taking other's position to the full extreme while mitigating his.
Now you are 100% correct, if there are other actions, criminal that arise from this hearing, and/or an investigation and an accounting to the IRS, I would expect penalties to include a stay in the gray bar hotel. If that happens, UC will be sent away to college for a real education.
 
Posted by bill1352 on :
 
i'm sure the IRS is waiting in the wings. but again since cmkx has done nothing & according to the info from yesterday cmkx is 36 million in the hole they may have a way out. now if UC didn't declare everything on personal taxes thats a differant matter. the company may end up fined & all claims may have to be sold to cover fines & taxes but unless its a huge number & IRS fraud in most cases the parties get penaties & fines. the IRS could careless about scamming shareholders, they just want money.
 
Posted by Upside on :
 
That's nice, isn't it? Rob a bank for 30 million and you're getting locked up for a long time. Rob 60,000 investors of the same 30 million and you get fined.
 
Posted by bill1352 on :
 
loopholes galore too. according to USCA they only made $60K last yr on gold mining plus whatever selling shares. the write offs will be huge. his house will be a write off on personal taxes or part of it. when all said & done a good tax guy can cut everything down big time.


i would be good to be able to sell the claims & mines to a JV for shares & give them to shareholders. that way they might get a little back instead of going to the IRS.
 
Posted by Doctoall on :
 
Maybe there will be a group of shareholders that will get together and legally go after Urban and his pumpers. I am sure that it will happen very soon.

I know that some shareholders have complained to the SEC and have sent transcripts of postngs on certain threads.

I for one will join in on a lawsuit to go after Urban. I hope that they get him on criminal charges, he is no different than Lay or others that they are currently after.

I bet that Urban's pants are fully crap now, smiling but crapping his pants [Big Grin]
 
Posted by Doctoall on :
 
Of course I would not want to be in his shoes when those angry shareholders go looking for him.

And of course there will be alot of angry people looking for those who pumped to their friends and neighbours and on these threads [Big Grin]

Legal, not intimidation, just telling it like it is, never stand between a man and his money, you mess with a man's money and he is good to go [Big Grin]
 
Posted by legaleagle on :
 
Y'ALL ARE GOING TO FEEL PRETTY SILLY......SOON.
 
Posted by bill1352 on :
 
legel the odds of that happening are greater the the o/s & your ns combined
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
Y'ALL ARE GOING TO FEEL PRETTY SILLY......SOON.

Not me I am not drinking any of the kool-aid, Legal I would think that you are going to be the one who will feel silly.

I may need to get some professional help for the cult because when it finally hits you people, geez its not going to be a pretty sight. [Big Grin]
 
Posted by JohnnyRotten on :
 
I got to think this over a bit and have thought through the evidence for both sides. What is the judge mainly looking for. How does she protect shareholders. How can certain facts be spun for either side. So here are some thoughts.


1. I think they do have to report counterfit securities if enough evidence is presented. Because Frizzell was asked to the meeting I would think they want more proof.

2. A lot of conflicting avenues the lawyers went down.

a) sec tried to say CMKX was a pump and dump by using the Green Baron and the volume. Problem is that Green Baron buys a position and pumps it, they were not paid by us. It was their pump not CMKX's. Urban may not have owned shares at the time to dump and the AS was eaten up until NM gave the 75 Billion back.

b) CMKX tried to present themselves as a viable company. Revenue. A gold mine in operation.

This is the one that struck me.

It took days to download all the mining claims from the Canadian govt. Doesn't this say the claims are real and extensive. That is why I bought CMKX.

I doubt they get revoked and they may have the goods. But no one knows until they report something.
 
Posted by legaleagle on :
 
FRIZZELL: NOT BILLIONS, YOUR HONOR, TRILLIONS
 
Posted by legaleagle on :
 
SEC: YOUR HONOR WE'D LIKE TO GET THAT LETTER FROM NITE OUT OF THE FILE.


JUDGE: Uhhh.........NO.


 
Posted by Wallace#1 on :
 
Johnny wrote: "What is the judge mainly looking for. How does she protect shareholders."

JR, try looking at it this way.

The Judge threw out the NSS issue, so she is looking only at did they (1) falsify Form 15 and (2) neglect to file 10Ks,10Qs, etc. They admitted item (2)....that they did not file. The TA testified that they had more than 300 shareholders when they filed Form 15 and that the TA was never contacted about the number of shareholders as it related to filing that Form 15. Furthermore, she stressed the point that UC's taking the 5th would carry a negative impact upon her decision and is well aware that the lack of record keeping means that UC/CMKX had not intended to file. She can do nothing but approve the SEC's request to revoke CMKX from trading.

As to the second part of your questioning....protecting shareholders, what can she do for present and possible future shareholders. She can protect future shareholders from buying by approving the revocation. It's that simple for that one.

As to the present shareholders, she can protect them from purchasing more CMKX shares by that same revocation. Can she correct or change the past? Obvious answer is NO! The best she can do at this point in time for current shareholders is try to bring to light as much information as possible. Such information might afford them other opportunities to litigate for some recovery against UC/CMKX. The problem there is that it would be miniscule in terms of monetary value, but may lead to satisfaction in causing jail time.

Such a revocation would also provide a warning to any other parties from trying to do likewise with other securities....thereby providing some protection to the general trading public.
 
Posted by Mini Me on :
 
Legal,

How come the Owner's Group share count is going lower?


legaleagle
Member
posted May 09, 2005 10:58
--------------------------------------------------------------------------------
Street Shares: 287,752,937,029 Cert Shares: 45,295,352,590
Total Shares: 333,048,289,619 Signed Agreements: 4895

Here is the current numbers below:

Street Shares: 262,216,907,034
Cert Shares: 29,596,309,883
Total Shares: 291,813,216,917
Signed Agreements: 4948
 
Posted by legaleagle on :
 
quote:
Originally posted by Mini Me:
Legal,

How come the Owner's Group share count is going lower?


legaleagle
Member
posted May 09, 2005 10:58
--------------------------------------------------------------------------------
Street Shares: 287,752,937,029 Cert Shares: 45,295,352,590
Total Shares: 333,048,289,619 Signed Agreements: 4895

Here is the current numbers below:

Street Shares: 262,216,907,034
Cert Shares: 29,596,309,883
Total Shares: 291,813,216,917
Signed Agreements: 4948

CONSTANTLY AUDITING THE NUMBERS AND KICKING OUT "QUESTIONABLE" MEMBERSHIP APPLICATION NUMBERS
 
Posted by glassman on :
 
Johny R. :a) sec tried to say CMKX was a pump and dump by using the Green Baron and the volume. Problem is that Green Baron buys a position and pumps it, they were not paid by us. It was their pump not CMKX's. Urban may not have owned shares at the time to dump and the AS was eaten up until NM gave the 75 Billion back

glassman: are you sure the Green Baron didn't accept shares on this one? i could be wrong, i'm not a follower of GB, but i think i recall they got a fee and it was disclosed on their "pump" REPORT...(no difference IMO just whether you get paid or not)

CMK? has been the best penny education money can buy..(or in my case get for free)
 
Posted by Wallace#1 on :
 
legal,

"quote:
Originally posted by Mini Me:
Legal,

How come the Owner's Group share count is going lower?"

You mean it's not rats deserting a sinking ship, legal? LOL
----------------------------
Glassman wrote:

"CMK? has been the best penny education money can buy."

I agree with you 100%!!!
 
Posted by will on :
 
HEY! That owner's group is being monitered by the FBI.

I see you're still pumping, noah.

Now tell us why we will feel silly.
 
Posted by JohnnyRotten on :
 
I see what you are saying Wallace but no one ever looked at the timelines of many of the facts. How they relate to each other. It isn't a clear picture from the hearing.

Any good lawyer could present rebuffs from just a handful of facts.

1. Why did UC file the original form 15 knowing there were over 300 shareholders?

Fraud is where you intend to mislead. Is there proof UC intended to mislead? Did he ask counsel their opinion? Did he personally know the law? Was the form drafted by an attorney? How did he know the number without contacting the TA?

Him not contacting the TA could be used to say he couldn't have known there were over 300 shareholders. Did he not ask because he didn't want to know. Was he aware from other sources? Was he told earlier the number in connection to something else and did not connect it to the filing? Was he told after and did not connect it to the filing?

He could be perfectly sincere in doing what he did. Then after the fact realizes this could be spun in a way he goes to jail. He takes the fifth.

See, the evidence cuts both ways. The SEC did not prove fraud from what I have seen.

Look at this post concerning the statements from UC about filing by XMAS, was he pumping us or just going by what RG said he could do,

quote:

I believe UC hired Roger Glenn to get the filing done. According to Rogers first PR that is what was supposed to happen. That could be why UC was confident about it being done before X-Mas. I believe UC is just too gullible about what it takes to do things right. Roger did not get it done and may not have known where to start paperwork wise.

I think Roger couldn't get it together and milked us as long as he could. He should have just said I don't know where to begin.

I think doing work like this is a specialty and takes special people. Maybe Stocklein can, that remains to be seen.

UC should have kept his mouth shut about hiring anyone and just withstood the pressure to present the company in a positive light until after the work was done. Thousands screaming I want info, so he hires someone, pr's it, and puts forth a happy face, without realizing it may not even be possible to file proper dd now. Too much has gone by the wayside...

skip to reply

I am not blaming RG for not getting the filing done, like I said it may not even be possible to produce audited financials at this point. I do blame RG for charging 250K and producing no work, and I blame RG for saying in a pr he was there to get filings done when he couldn't.

He misled UC and shareholders into thinking it would and could be done. I wasn't banking on UC's words, I did and many others did as well bank on RG's.

If he couldn't he should have simply said so 20K into the process. He also could have left some work behind for others to work with.


 
Posted by will on :
 
You know, noah, glass asked that you not be kicked while you were down. Pretty nice of him, and I quieted myself, but knew you would be back with more fantastic claims and spreading false hope.
I'm betting you feel kind of silly now, yourself. I suspect you will say and do a lot of silly things from this point forward. I'm betting you "Christians" bout wore poor God out with your nonsensical prayers and pettition to enlighten UC, and all the others involved with this mess.
Maybe some here feel sorry for you, but I don't. Go ask that professional trader and woman of high stature if she sees any negatives now, (where there aren't any), go ask her if she understands this stock play, (the play of a lifetime, small minded people couldn't comprehend).
I don't think your lights, or any of the cults lights have even flickered, surely they haven't come on. You ride this thing to hell, pal. Go head, the next thing for you is to pump some type of new owners group, and solicit memebership, costing them more money. God knows what the fee to join will be, and God knows the action you fools will plan. Enjoy, pal, it's all yours, buy more if you can.
You are one sad individual, and you deserve any and all misery and loss that comes your way from the blantant lying and pumping you did for the past year.
 
Posted by BCmouser on :
 
I will guarantee that there are more than a few people who invested their hard -earned money into CMKX who would like very much to see Mr. Casavant go to the slammer. The only real way to prevent this kind of fraudulaent scam is to start throwing these bums in jail. Hell they put Martha Stewart in for something much more trivial than this.
 
Posted by legaleagle on :
 
I'LL TAKE THAT AS A COMPLIMENT WILL.
 
Posted by ed19363 on :
 
I figured out why OG numbers are going down.....IMO it's all the people selling who heard the hearing yesterday.

Either that or the Koolaid boys inflated their numbers to make a case....

Either way they're screwed with the rest of us...
ROFL
 
Posted by ed19363 on :
 
I for one will join in on a lawsuit to go after Urban. I hope that they get him on criminal charges, he is no different than Lay or others that they are currently after.

Now THAT I will kick in $25 for. At least that would have a chance of succeeding, unlike UC's defense.
 
Posted by will on :
 
Why is it that doesn't surprise me and probably most right thinking people here. Probably because of your past history. You know, the way you intrpret things. When something is obviously bad for CMKX, you twist into something good. Kinda sorta like finding positive were there aren't any.
BTW, do you have news of the Billion $ settlement that was the subject of today's meeting between CMKX and the SEC?
Is Citi Group reconsidering?
Have proof of the trillion share NSS?
Have proof of the altered cusip numbers?
Any inside information from the FBI?

quote:
Originally posted by legaleagle:
I'LL TAKE THAT AS A COMPLIMENT WILL.


 
Posted by glassman on :
 
quote:
Originally posted by BCmouser:
I will guarantee that there are more than a few people who invested their hard -earned money into CMKX who would like very much to see Mr. Casavant go to the slammer. The only real way to prevent this kind of fraudulaent scam is to start throwing these bums in jail. Hell they put Martha Stewart in for something much more trivial than this.

absolutely.....
 
Posted by legaleagle on :
 
quote:
Originally posted by will:
Why is it that doesn't surprise me and probably most right thinking people here. Probably because of your past history. You know, the way you intrpret things. When something is obviously bad for CMKX, you twist into something good. Kinda sorta like finding positive were there aren't any.
BTW, do you have news of the Billion $ settlement that was the subject of today's meeting between CMKX and the SEC?
Is Citi Group reconsidering?
Have proof of the trillion share NSS?
Have proof of the altered cusip numbers?
Any inside information from the FBI?

quote:
Originally posted by legaleagle:
I'LL TAKE THAT AS A COMPLIMENT WILL.


I'M REALLY BUSY RIGHT NOW WILL. COULD YOU GET BACK TO ME LATER WITH ALL THOSE QUESTIONS? [Wink]
 
Posted by glassman on :
 
anybody remember this?


June 4, 2004

LAS VEGAS, Jun 4, 2004 (BUSINESS WIRE) --

CMKM Diamonds, Inc., (Pink Sheets:CMKX) president and chairman of the Board of Directors, Urban Casavant, announces that the Law Firm of Edwards &Angell has been retained to represent the Company in its desire to become fully reporting once again. Lead counsel for CMKM Diamonds, Inc., D. Roger Glenn, is a partner at the firm and has over 20 years of extensive experience in working with public companies. Mr. Glenn's professional bio can be reviewed at the law firm's website, http://www.edwardsangell.com/script.php?print=yes&page=attorneys& AttorneyID=39. (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field. You may also need to remove an extra space in the URL if one exists.)

Urban Casavant stated in Las Vegas today that, 'hiring Edwards & Angell, LLP, and specifically Mr. Glenn, is the best thing that we could have done for the company and the shareholders. The fact that Mr. Glenn began his illustrious career with the Securities and Exchange Commission is a further feather in the company's hat. We would like to thank all of our shareholders for their patience as we have moved towards this moment and as we move forward from here as a team.'

 
Posted by will on :
 
Who could forget it, glass ?

The faithful hung all their hopes on that PR, and Mr Glenn's ilustrious career.

Several people have asked about the faithful's opinion of Mr Glenn after yesterday's hearings. I didn't see a response, did you?

$250K for one sheet of paper. Nice work if you can get it.

I also recall Wallace pointing out that Mr. Glenn's credentials were not all that spectacular, and the faithful ridiculing hime for his opinion. Guess he was vindicated?
 
Posted by Ric on :
 
Johnny, since UC took the 5th, I think the Judge will consider his silence as a form of guilt in the lie on the form 15. The excuse that he didn't contact the TA really want hold water because he should know that he needs to verify his numbers. I think the Judge by not stopping the questions to UC will take all the answers as meaning they were true as the SEC asked. Because this is a civil matter the Judge can use it against him. I think the fact that UC took the fifth and Mahue said he knew nothing about the companies operations on top of the fact they refuse to give auditors any records show that they never intend to file. I believe the judge by asking Mahue if he was hired for his name already knew the answer, $40,000 a month and knows nothing, wow. I just can't see how anyone seen any good out of that hearing. NSS out and filing must be filed. Period. Revoked.
 
Posted by Ric on :
 
Will, what I thought was funny about RG was the fact that in the MArch PR, UC basically blamed RG for mis-management of the company and the faithful still stood up and said, Oh no that wasn't RG he was talking about. lol
 
Posted by Wallace#1 on :
 
What's the matter with you, Will? I'd say "$250K for one sheet of paper" suggests Glenn was exceptionally talented. LOL
 
Posted by Ric on :
 
Isn't that the truth. Wish I could get 250K for one page of my work. lol
 
Posted by glassman on :
 
i still want to see the Naked shorts thing fully investigated too...

this whole thing needs to see the light of day.....

ALL of it....
 
Posted by will on :
 
I don't know if you were around for that June PR , Ric. Maybe you were reading and not posting.
I do recall Wallace trying to caution the faithful about their exuberance over Mr. Glenn, and they told him he didn't know crap, and personally attacked him and doubted his background and experience. Looks like he nailed it on Mr. Glenn.
 
Posted by Ric on :
 
I remember it. I thought they expected he could walk on water.
 
Posted by Ric on :
 
I also thought it was funny that they never would believe he was gone for the longest time. So many theories came out of that.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by glassman:
i still want to see the Naked shorts thing fully investigated too...

this whole thing needs to see the light of day.....

ALL of it....

There are any number of things that can improve Wall Street operations. Abusing shorting priviledges and requirements is most certainly a major problem.
 
Posted by bill1352 on :
 
what i'd like to know is after the judge closes the cmkx door for good what happens to those claims? what happens to the gold mine? UC can not be allowed to walk away with them. cmkx may not be public but the shareholders are still holding the bag & the claims are in the company name. the truth is there just may be diamonds in that ground. cmkx never bothered to look. they said no mining expenses for 2004, i wonder if that fly over was just a rehash of the fly over done a few yrs before.. if a REAL exploration company went in & took a serious look there just might be something there. that gold mine doesnt seem to have much coming out of the groundbut UC walking off with it is seriously wrong.
 
Posted by legaleagle on :
 
FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
(903)595-1921
Fax (903)595-4383
E-Mail jmartin@cmkxownersgroup.com

May 11, 2005


Greetings Members.

It has been an interesting couple of days. It was nice to finally get to meet some of you. You are to be commended for making arrangements to attend the proceedings. Judge Murray took the time to acknowledge the presence of the shareholders on several occasions during the hearing. I truly believe your participation in this process is very helpful to the company.

I have mixed emotions about the hearing yesterday. I was glad to see the judge referencing the interests of the shareholders in her questions to some of the witnesses. I was disappointed in her refusal to allow any significant evidence about naked shorting. This was somewhat expected in light of her ruling on the pre-trial motions which were handed down last Thursday. Judge Murray apologized to the company, the SEC and our group for not informing us of her rulings last Thursday. Judge Murray read her rulings into the record when she was told that none of the parties had received her rulings which were entered on May 5, 2005.

Please remember that as your representative, I was permitted to participate but only in a limited fashion. I was not allowed to present witnesses or offer evidence of our own because we were not one of the named parties to the proceeding. My intention was to present evidence through the companys witnesses. I was able to do so through my cross examination of the government witnesses and the individuals put on the stand by the company.

The Court began the hearing by telling the SEC that evidence of naked shorting was not a material issue in the hearing. Mr. Stoecklein advised the Court that certain evidentiary items were tendered to the parties late last week. He informed the Court there may be some responsive exhibits we (the company and the shareholders) may want to offer after the hearing since we received certain items from the SEC just a day or two before the hearing. The Judge informed us that she had a policy of allowing exhibits to be offered until she handed down a ruling in the matter. I made a decision at that time to withhold my offer of the exhibit we put together on the shareholders holdings until after the hearing.

It was frustrating to see the judge exclude Mr. Stoeckleins offer of evidence of the evaluation of various properties. Ed Dhonau was to testify about the value of the claims in Canada and the value of the gold mining operations in Ecuador. This would have been helpful to you. There was information from Rendall Williams about revenues from mining. Mr. Williams appeared reluctant to answer questions from me and Mr. Stoecklein. I wish I could offer a full and understandable reason Mr. Williams testimony.

We learned on Friday before this hearing that Neil Levine, the auditor that had been paid $100,000 in January to work on our audit, had sent Mr. Stoecklein a letter withdrawing as the auditor. A letter of this nature sent two days before a hearing of this significance is unusual to say the least. Mr. Levine testified that he was simply too busy to continue waiting on the necessary underlying documents to continue in his work. This letter came with no warning to Don Stoecklein or Mr. Maheu. Mr. Levine had billed over $70,000 of the companys retainer and brought an attorney with him to the hearing. He testified that the company would be receiving a bill for his attorneys fees because that was provided for in the engagement letter with his firm. I expressed my concern about the timing of his actions when I questioned him. I am still bothered by his answers to my questions. It took no time for Mr. Stoecklein and Mr. Maheu to get another auditor lined up. I do not have his name but I have been told another auditor has been engaged and he is an auditor that Mr. Stoecklein has worked with in the past.

I was very impressed with the employees hired by Mr. Stoecklein to continue the work on the financial reports. When the records are accumulated, the staff is in place to finish the bookkeeping for transferral to the auditor.

You have probably heard that Urban took the 5th amendment when asked questions about the company. I wish I knew the underlying problems that caused Urban to have an attorney representing him at this hearing in addition to Mr. Stoecklein. I have no knowledge of the reasons and I will not speculate nor offer any opinion on that matter.

Mr. Maheus appearance was well received. He testified that he was there to assist the company in meeting its compliance obligations. The Court was most respectful of Mr. Maheu. The judge very bluntly asked if he had ever considered that the company might be using Mr. Maheu for his good name and remarkable track record.

The Court has established a briefing schedule which tells the parties when legal briefs are due on the various issues raised by the evidence. Any brief I choose to submit on your behalf will be due in the middle of June.

An interesting letter has surfaced in the investigation that we are doing into naked shorting of company stock. I am seeking agreements of the parties to post a copy of that letter. Please remember that I am under a strictly worded confidentiality agreement. I can of course relay what everyone heard in the hearing. There were some discussions about stipulations of certain evidence being offered by the SEC. There is a letter written by the general counsel of Jefferies to the NASD that I think is very interesting. The SEC was seeking some evidence to support their view that CMKX is not naked shorted and apparently made a call to the NASD. This letter was forwarded to the SEC. Please do not speculate on the significance of this letter until you have the opportunity to view it. This is a letter that reveals an explanation of sorts on some trading that occurred in 2004 in CMKX stock. I hope to be able to post this letter in the next few days.

The SEC attorney stated in Court yesterday she did not believe a naked short position existed in our company stock. Mr. Stoecklein had discussed the issue with her prior to the hearing and a meeting was tentatively set while we were all in town for the hearing to discuss the issues of naked shorting. Mr. Maheu, Anthony Demint, Mike Williams, Don Stoecklein and I met at the offices of the SEC this morning. We visited with Ms. Hakala, Mr. Glynn and the regional supervisor. The meeting lasted two hours. There was a full discussion of the issue of naked shorts with the enforcement attorneys. We took the current NOBO list with us and the work we have accumulated based on your faxed in brokers confirmations from last week. Although we have documents that prove a huge naked short statistically speaking, I am insisting that we have stand alone proof of share ownership. The SEC knows we are dedicated to acquiring the information necessary to prove our outstanding stock. We came away with no formal agreements but we have established some dialogue to proceed from this point. When I return to the office I will issue another update suggesting some ways to continue gathering our facts. Please believe me when I say this fax campaign is very important.

Sorry about the length of this update but I thought it might be helpful to those of you that did not get to attend the hearing. I have already heard of many rumors and that are being spread by some people not interested in the companys well being. If you do not hear it from this office or in an official PR from the company, I would ask that you do proper due diligence before accepting something as fact.


We must continue our efforts.


Onward,


Bill
 
Posted by Wallace#1 on :
 
quote:
Originally posted by Ric:
I also thought it was funny that they never would believe he was gone for the longest time. So many theories came out of that.

Seems to me that I stated that RG sank too. LOL
 
Posted by will on :
 
Theories, theories, theories, and everyone of them crashed and burned.
The unbelievable thing it hasn't and won't stop. Look at noah and the nonsense he's been posting yesterday and today. Discount the last year, just consider yesterday and today. I'm sure the results of his most recent posts and claims will be the same, CRASH & BURN!
 
Posted by Ric on :
 
I think one thing that will help but still not stop the abuse is require all public traded companies to state a/s, o/s, insider shares, and float. Also to notify ahead of time of any change to those numbers. At least people can be informed enough to figure out if something don't look right. I mean the NSS theory really got its head start in this company because no one knew that it had been diluted to this huge amount. Well some did but most called them quacks.

I still think that scams like this help NSS. The company is doing so much illegal selling of shares itself the Hedge funds and others see a opening. Does two wrongs make a right, no. But one wrong does make the others easier to happen. But I stiil not sure that this one is shorted. Might have been could be a little but with this huge o/s and no share structure there is no proof and the OG's numbers prove nothing. Wish it did but who knows if the numbers they have are true and what the ones that are left are holding.
 
Posted by bill1352 on :
 
I have already heard of many rumors and that are being spread by some people not interested in the companys well being. If you do not hear it from this office or in an official PR from the company, I would ask that you do proper due diligence before accepting something as fact.


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


and where have we heard that one before...lmao. is the new uncle mel being born???
 
Posted by will on :
 
Where is the proof?

Proof of the trillion share NSS?
Proof of the altered cusip numbers?
 
Posted by Wallace#1 on :
 
Does this bit from FizzleFrazzle sound familiar:

"If you do not hear it from this office or in an official PR from the company, I would ask that you do proper due diligence before accepting something as fact."

Does anyone remember those official PRs from the company? That's right, the ones that said nothing but promised everything dreamed of.
 
Posted by Wallace#1 on :
 
Bill, just saw your post. Great minds think alike? LOL
 
Posted by bill1352 on :
 
i agree ric...companies that dilute their stock helps the NS flurish. but when a company does as cmkx has well whats the point? you can only sell so many shares of anything & the only ppl buying this POS for a few months are the cult. maybe a few mentally challenged folks.
 
Posted by bill1352 on :
 
great or old wallace???...lol
 
Posted by Ktrain420 on :
 
BUY CMKX = RETIRE IN A TRAILERPARK
 
Posted by will on :
 
Does anyone really expect Mr. Frizzell to not be positive? He was paid to represent these people, and they have to feel they're getting there $25 worth. It might even help him or another attorney down the line in other legal actions, who knows?
Not many facts or much meat, but seems like there still might be hope for a NSS.
Doubt it, No mention of altered cusips ???
 
Posted by bill1352 on :
 
awww K are you bashing this great shareholder lovin diamond in the ruff???...lol


to go with ric's idea her is the bottom of a pr of a pink sheet company...not a legel filing just a pr. if it was reqired NSS would be harder to do & easier to stop.


About RFMR Acquisition Group

RFMR Acquisition Group acquires, owns and operates real estate holdings and
businesses in the Florida Keys. Its newest holding,"Umbrellas", is located on
the Florida Bay in Key Largo. This 3.3 acre entertainment complex includes an
indoor upscale dining experience, a sports bar, banquet facilities, lodging, and
boat dockage. An outdoor dining and beverage venue encompasses a 70,000 gallon
pool and three tiki bars.


Outstanding Shares: 53,273,814 as of 2005-02-22
Estimated Market Cap: 6.392M as of 2005-03-24 (as of 2005-02-22)
Float: 4,877,110 as of 2005-02-22
 
Posted by Wallace#1 on :
 
I did not think FizzleFrazzle's note was particularly upbeat....more "beat".
 
Posted by bill1352 on :
 
by the way that is on my bottom play list
 
Posted by Ktrain420 on :
 
LOL...you guys keep this entertaining.........LOL
 
Posted by Wallace#1 on :
 
K,

What say you? DaDog been vindicated too?

RUFF! RUFF!
 
Posted by bill1352 on :
 
its our sole purpose in life K, entertain the troops of allstocks & bash cmkx in the process...lol
 
Posted by Ktrain420 on :
 
LOL........im headed out to drink one or a few....Friday's happy hour is bout to start ........let the CMKX bashin' begin......LOL
 
Posted by will on :
 
Read it again. There is a lot of hopeful inuendo in there. You pointed out one of the biggest, "If you do not hear it from this office or in an official PR from the company, I would ask that you do proper due diligence before accepting something as fact."
Remember the faithful live to read between the lines.

quote:
Originally posted by Wallace#1:
I did not think FizzleFrazzle's note was particularly upbeat....more "beat".


 
Posted by bill1352 on :
 
what gets me with these clowns is WHAT DD????? this guy is shut up by cmkx, the t/a has been shut up, cmkx sure hasn't said chit about anything. if frizzy want to prove a NS post the da** insider holdings get the "F'IN" float public
 
Posted by glassman on :
 
note the date.....


author Topic: CMKM / OPEN INVITATION
microdaytrader
Member


Rate Member Icon 6 posted February 12, 2004 04:45 Profile for microdaytrader Send New Private Message Edit/Delete Post Reply With Quote


AS I AM ACTUALLY INVOLVED WITH TWO COMPANIES IN THE F.A.L.C. AREA AND WORKING ON A SITE THAT IS BRINGING KIMBERLITE UP FOR SAMPLING I FEEL I HAVE A VERY GOOD INSIGHT INTO SOME OF THE AREA EXPLORATION. I HAVE DRIVEN AROUND LOOKING AND SPOKEN TO A FEW PEOPLE WHO WOULD KNOW IF THERE IS CMKM WORK IN PROGRESS, THERE IS NO EQUIPMENT BEING LEASED OR USED BY CMKM ON ANY LAND IN THIS AREA I OWN THIS STOCK AND HAVE SOLD 20M THIS WEEK @.0002 I DO NOT KNOW WHY THIS STOCK IS SELLING AT THIS PRICE BECAUSE IT SAT STILL FOR MONTHS ,I WAS VERY ENTHUSIASTIC AT ONE TIME BUT NOW I HAVE SEEN FIRST HAND THAT THERE IS NOTHING GOING ON I WOULD ADVISE ALL WHO ARE NEW OR THOSE THINKING ABOUT GETTING IN TO BE VERY VERY CAREFULL MY PPS ON OVER 100MM IS .0001 SO I AM SELLING @.0002 WITH ORDERS ALSO @.0004.
DIAMOND EXPLORATION IS AN EXTREMELY HIGH RISK VENTURE AND REQUIRES VAST AMMOUNTS OF CAPITAL OUTLAY AND TIME CMKM AT THIS MOMENT DOES NOT HAVE ANY THING GOING FOR IT OTHER THAN THE CLAIMS THEY MAY OR MAY NOT HAVE IF YOU WANT TO SEE WHAT TRUE DIAMOND EXPLORATION LOOKS LIKE TRY THIS WEBSITE WWW.SHOREGOLD.COM I AM NOT BASHING CMKM JUST PASSING INFO ON TO ALL THOSE NEW TO THIS BOARD AND STOCK.
OH YES THE OPEN INVITATION I FLY BACK AND FORTH EVERY TWO WEEKS OR SO DEPENDING ON WEATHER AND SCHEDULE IF ANY ONE FROM CMKM WANTS TO SHOW ME WHAT THEY HAVE GOING I WILL PAY YOUR EXPENSES FOR THE PROOF, YOU CAN CONTACT ME ON *********
ROY Posts: 339 | From: Seattle,WA, USA | Registered: Sep 2003 | IP: Logged | Report this post to a Moderator

 
Posted by JohnnyRotten on :
 
Glassman says,

anybody remember this?


June 4, 2004

LAS VEGAS, Jun 4, 2004 (BUSINESS WIRE) --

CMKM Diamonds, Inc., (Pink Sheets:CMKX) president and chairman of the Board of Directors, Urban Casavant, announces that the Law Firm of Edwards &Angell has been retained to represent the Company in its desire to become fully reporting once again. Lead counsel for CMKM Diamonds, Inc., D. Roger Glenn, is a partner at the firm and has over 20 years of extensive experience in working with public companies. Mr. Glenn's professional bio can be reviewed at the law firm's website, http://www.edwardsangell.com/script.php?print=yes&page=attorneys& AttorneyID=39. (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field. You may also need to remove an extra space in the URL if one exists.)

Urban Casavant stated in Las Vegas today that, 'hiring Edwards & Angell, LLP, and specifically Mr. Glenn, is the best thing that we could have done for the company and the shareholders. The fact that Mr. Glenn began his illustrious career with the Securities and Exchange Commission is a further feather in the company's hat. We would like to thank all of our shareholders for their patience as we have moved towards this moment and as we move forward from here as a team.'


Glassman, couldn't this show UC was depending on RG to get it done.
 
Posted by bill1352 on :
 
exactly why i wonder what will happen to those claims glass. cmkx never really looked for anything, 1 broken down rig & a few rolls of duct tape does not equal exploring a claim. those claim are in a hi diamond content area, they may have the mother load nobody knows because nobody has really looked. if UC walks away with those claims scot free that would be even more criminal then his cmkx scam.
 
Posted by bill1352 on :
 
johnny truth is RG might have gotten it done, he still works for USCA. but first you need records, where money went, where it came from. every witness in court said no records are there to get it done, a few bits & peices is all thats been brought forth.
 
Posted by glassman on :
 
JR:
Glassman, couldn't this show UC was depending on RG to get it done.

GM: my take at the time? and still is? he was window dressing to "blind" the faithful...

if i could? i would pull posts from when i first came here to show you WHY i have only ever bashed this stock even tho it has cost me at times...

i've seen co's RS five time (which is worse) and basically ignored them, but this one has to be the ulimate in blatant misrepresentation...

i hesitate to say fraud..i'll leave that to the experts....
 
Posted by Ric on :
 
RG and Mahue both were/are for window dressing to "blind" the faithful. UC knew nothing on the stand. RG did nothing. Probably because UC told him nothing either.
 
Posted by glassman on :
 
i can't pull those really old posts because they were deleted in toto...

the claims made in them were so outrageous that i am surprised no-one went to "talk to the judge" maybe they did, and we didn't hear about it....

Kevin Bailey stood up and told some people they were full of chit...

good job Kevin...
 
Posted by JohnnyRotten on :
 
I could also pull up filing posts.

Let's ask some questions. If you did not know how to file and brought in a professional to accomplish it, would you say here is everything, just go file it?

1. Did RG specifically ask for certain documents he knew we needed verbally or in writing?
2. What pro active steps did he take to accumulate and verify documents?


The company should have requests from him of what they needed to give him.


Now let's turn to the auditor who resigned before the hearing.

1. Is it possible we found out he was a USCA plant and did not want to involve him, so we simply did not give him the info?
 
Posted by will on :
 
Here comes the Spy theory again.
 
Posted by glassman on :
 
RG was a former SEC rep.... he knew.... i hate to say this, but MOST lawyers are cheese-eaters...
not all of them.. LOL just most...

 -


sorry if i offend the rodents [Big Grin]
 
Posted by Highwaychild on :
 
LMAO, this thread is always fun!I'm alright with this, if nothing else, I want this NSS out in the open for all stock buyers.

...think I'll go and write my senator again!LOL
 
Posted by Ric on :
 
But so far the ones that did testify claims they requested over and over again for the records and never got them. What I didn't hear from them is they were told of holes in the records. To me it sounds like they were promised records and just never got them. I hear it now. Oh, you haven't recieved them yet. We will send them right out. A week later, you sure you didn't get them, I will find out what happened. Later, I told them to get it out to you, not sure what the problem is. Frustration sets in and they quit. And UC blames them for doing nothing. RG could have even had to deal with this. Who knows. Its all been window dressing to sell shares by using others names. Look who we have, buy more shares.
 
Posted by Ric on :
 
This was posted by someone on another board about UC's Q&A on the stand.

Urban Casavant on the stand, your CEO who only cares about the shareholders.

Mr. Casavant can you turn to exhibit X which shows the PR dated thus and such?
I invoke my 5th amendment right.

Then she would ask a series of questions about the PR, each which was greeted with -
I invoke my 5th amendment right.

Then she would wrap up questioning on EACH PR by asking something like: Is it your intent to plead the fifth surrounding all question regarding this (specific) PR on grounds that you might incriminate yourself?
I invoke my 5th amendment right.

After the PRs, she asked about the webcast. And asked if he had participated in the webcast.
I invoke my 5th amendment right.

Is it your intent to plead the fifth surrounding all questions regarding the webcast on grounds that you might incriminate yourself?
I invoke my 5th amendment right.

There were a couple of official records she went over as well.
Mr. Casavant could you turn to exhibit x dated Jan 2003 where you filed papers with the TA to give 3 billion shares of stock to 360 people for "Field work in Canada".
I invoke my 5th amendment right.

Can you explain what that field work was?
I invoke my 5th amendment right.

Is it your intent to plead the fifth surrounding all questions regarding the this document on grounds that you might incriminate yourself?
I invoke my 5th amendment right.

No more questions your honor.

Cross?
No questions your honor.

Thank you, the witness may step down.
 
Posted by Doctoall on :
 
Once again I ask: Is Urban an American Citizen? or is he still a Canadian Citizen who is a permanent resident in the US?

Can non-US citizens plea the 5th? If he is not a US citizen and not entitled to plea the 5th, does the judge in this case know that?

Geez it would appear that the only thing he knows is the color of money and that he had ours to spend. [Big Grin]
 
Posted by legaleagle on :
 
 -
 
Posted by legaleagle on :
 
 -
 
Posted by Doctoall on :
 
You need one with Urban behind bars, now I would buy that one [Big Grin]
 
Posted by Doctoall on :
 
I don't think that non-US citizens can use the 5th, as they are not protected by the constitution.

This is worth checking out.
 
Posted by Wallace#1 on :
 
legal, how'd you get out of your straight jacket?

Good night, Mrs. Kalabash, where ever you are.
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
 -

If you doubt it means that you have not ingested enough KOOL-AID [Big Grin]
 
Posted by BCmouser on :
 
I believe they should start a NSS investigation , but not with something as shady as CMKX. Crap , they dont even know how many hsares they have. Now CPN and their NS situation I could see. That one strikes me as unreal .------BUYINS.NET, www.buyins.net, announced today that these select companies have been on the NASDAQ, AMEX and NYSE naked short threshold lists for 13 consecutive trading days: Calpine Corp (NYSE: CPN) and General Motors Corp (NYSE: GMS). For a complete list of companies on the naked short lists please visit our web site.

Regulation SHO took effect January 3, 2005, and provides a new regulatory framework governing short selling of securities. It was designed with the objective of simplifying and modernizing short sale regulation and providing controls where they are most needed. At the conclusion of each settlement day, data is provided on securities in which: 1) there are at least 10,000 shares in aggregate failed deliveries for the security for five consecutive settlement days, and 2) these failures constitute at least 0.5% of the issuer's total shares outstanding. Regulation SHO mandates that, if a clearing agent has had a fail-to-deliver position for 13 consecutive settlement days, that clearing agent, and the broker/dealer it clears for, must purchase securities to close out its fail to deliver position.

Calpine Corporation (NYSE: CPN) is a North American power company dedicated to providing electric power to customers from clean, efficient, natural gas-fired and geothermal power plants. The company is listed on the S&P 500. The company was founded in 1984 and is publicly traded on the New York Stock Exchange under the symbol CPN. With 537 million shares in its float and 232.73 million shares declared short as of April 8th, the failure to deliver in shares of CPN has not been resolved and a buy-in is pending.
 
Posted by Dustoff101 on :
 
...WORLD WIDE HEADLINE....U/C collapsed after pleading the 5th 2,500,000 times.....The last question apparently got him....He confessed to stealing Dustys SHED !!!!!!!!!
 
Posted by glassman on :
 
BC Mouser:

I believe they should start a NSS investigation , but not with something as shady as CMKX. Crap , they dont even know how many hsares they have. Now CPN and their NS situation I could see. That one strikes me as unreal .------BUYINS.NET, www.buyins.net, announced today that these select companies have been on the NASDAQ, AMEX and NYSE naked short threshold lists for 13 consecutive trading days: Calpine Corp (NYSE: CPN) and General Motors Corp (NYSE: GMS). For a complete list of companies on the naked short lists please visit our web site.

glassman:

there are more than few that have been on it for weeks.....
i am neutral about privatising SS,
BUT,

if we are gonna do something like that? then we need to get the magnifying glasses, and look at the whole market...
if nothing else? CMK? has educated a lot of us about the problem...

Elliot Spitzer for President?
 
Posted by bill1352 on :
 
after reading frizzys statement it got me wondering. UC made him sign a paper saying he would keep quiet. ok but about what? at what point in time did anyone at cmkx act like they gave a rats behind about shareholders? you got a lawyer on your doorstep representing the shareholders. he is buddies with a guy that owns a great deal of cmkx stock. do you A) open all your records of whatever you have or B) hand him a stack of chit that will make you look good, select papers only. what makes anyone think he got real info from cmkx. the accountant, the auditor both said they couldn't get the needed records from UC but frizzy is talking about a huge amount of papers & records he was allowed to go thru. both JV partners cut & ran on the stand, left UC hanging. even frizzy said so. NM said he wanted away from cmkx, it was in his companies best interests. but the OG's lawyer gets everything he wants? if the companies accountant & auditor can't get what they need how did frizzy?
 
Posted by legaleagle on :
 
By: jay_adobe
12 May 2005, 07:47 AM EDT
Msg. 943923 of 943925
Jump to msg. #
The moves occurring in this game are truly interesting to watch. Be cautious though, because everything may not be as it appears on the surface, which makes this game one to observe but not necessarily one to know who is supposed to win. As the water moves the surface, bigger movement below the surface is required. We are seeing surface movement, but not what's happening below. Remember the phrase 'if you're in, you win'. Think these questions through very thoroughly. Did all those who were questioned at the hearing really have a temporary lapse of memory? Are the number of shares reported on T and S actually what is changing hands? Do you really think there exists no books after all the hundreds of transactions that have occurred? Do you really believe the SEC doesn't believe there is a naked short? Was the 'public' hearing a show for the 'public'? Why was valuation quashed at the hearing? Why was NSS not allowed in the 'public' hearing, but fully disclosed the next day? Remember, unless it is in an official PR, don't believe what you are seeing. The company has told us that over and over. Wait it out. Our time is coming. Our team is assembled, diligent, organized, experienced and we are moving forward by leaps and bounds, even though it doesn't appear so. Continue to believe in the company. The team knows how to play this game, to which we are but novices. I'm back to watching and waiting. Know that we will be okay and when the final move is made in this game, our team will make the move. Look for and expect information from the company imminently. Try not to get bogged down with the naysayers, and do not let them sway you. This is very very big. Wait it out. This will be my only post for the day, but I am always watching and waiting. imo
 
Posted by legaleagle on :
 
If CMKX had not provided any information to the Auditor Levine, why would they call him as a witness? And it was CMKX that called him, not the SEC?

Second question, if there are no financial records available for the company, how did they file their corporate Federal taxes each of the last several years? With all of the govt. agencies watching CMKX and Casavant, wouldn't you think Urban would already be in jail for evasion if this hadn't been done?
 
Posted by Ric on :
 
I don't think Levine would risk his reputation by telling lies in court. They audit public records for a living. I think UC has lied to everyone even Stoecklein. He had his own private lawyer with him getting him to take the fifth. Like I said in my post last night. I think UC is blowing smke up a lot of people. Even Mahue. Telling them what they want to hear and giving them nothing. So in the end he can blame everyone else for being incompetant. Even the account from Stoecklein got up and said she wasn't getting no records. I really think Casavant has the records myself. Just afraid to let anyone see them because his scam would be revealed. UC is trying to save his azz right now and is why he took the fifth. I think he is a great con man. Hiring people to take the fall and playing dumb.
 
Posted by legaleagle on :
 
Regardkess bill, if Levine had been given no records, why would the company call him as a witness?
 
Posted by Ranger on :
 
Sure, and maybe the real UC is behind the grassy knoll.
 
Posted by Ric on :
 
With UC taking the fifth, and UC refusing to give anyone records, I think it boils down to one thing. They file by June 30th or not. The Judge will have to revoke no matter what if they don't. She has no reason to believe that thy are going to file when the CEO want tell her anything and the auditors are telling her that they are getting no records. She already said NSS is not going to be allowed in for this case before her. MAybe she is interested in the numbers but to determine criminal charges or not.

Remember that the Judge asked the one auditor from the law group how long would it take to get ting a filing complete and she said one month if she got the records. I think thats why the June 30th deadline. I know she said 90 days to have them certified but the Judge doesn't care about that, just the filing being done.

File or be revoked, June 30, 2005

[ May 12, 2005, 10:03: Message edited by: Ric ]
 
Posted by ed19363 on :
 
Legal, your only post for the day, huh?
Only one question, and you can answer it anytime you feel like it.
If we are to wait for PRs from the company, why dont they issue some to stop all the speculation. They are quiet, and I dont believe the SEC has anything to do with it. They could tell us something other than fluff anytime they want. So what's the holdup?
 
Posted by legaleagle on :
 
Oh, I'll probably have some more posts today ed. Actually there were two questions. Still waiting for answers.
 
Posted by legaleagle on :
 
BTW, many are posting that D Roger Glenn didn't do anything for the company since he only turned in a one page letter. If any think that that is all he gave the company, please know that over 8 months, one piece of paper would not cover the billing statement, not to mention the Sask meeting, the Ecuador trip, and the dividend issues.
 
Posted by Ric on :
 
I am sure he did legal and they are probably with all the other records that UC can't find. I have already said I think RG is just another scapegoat in UC disception.
 
Posted by legaleagle on :
 
As long as it's Q & A day at Allstocks, why did the SEC prevent valuation information from being given when CMKX was trying to establish it? Hmmmm, was that in the shareholders best interest?


Frizzell: "It was frustrating to see the judge exclude Mr. Stoeckleins offer of evidence of the evaluation of various properties. Ed Dhonau was to testify about the value of the claims in Canada and the value of the gold mining operations in Ecuador."
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
I am sure he did legal and they are probably with all the other records that UC can't find. I have already said I think RG is just another scapegoat in UC disception.

Betting RG would not be anyone's "scapegoat" if it was damaging his reputation.
 
Posted by Ric on :
 
Because the CEO took the fiffth and Ed would only be speculating. Even they said that. If UC wanted to state valuation then that would be alright. They even asked Mahue about some value and he said I don't know.
 
Posted by legaleagle on :
 
I would think they would have asked him some qualifying questions before "disqualifying" him. I am sure the SEC, like so many others, know that Ed Dhonau is a major player in this company. In the pursuit of "truth and justice" (LOL) by the shareholders' government "champion", I think the exploration of valuation would have been good from any source that closely connected with the company. How would valuation information have been prejudicial to a charge of lack of filing.
 
Posted by ed19363 on :
 
AFter all that has happened since the new year, this whole thing could be muted by one good PR. Instead, UC acts like he doesnt have a clue, and he probably doesnt.
We are still mushrooms, and I have now set a date when I will sell what is left for whatever I can get, and move on to greener pastures.
Scam of a lifetime to me, until the fat guy does something to prove me wrong. And I'm not talking about fluff PRs, or Andy telling us to hang in. I'm done hanging in. And if I ever get an email or announcement that we are suing the clown, it will take less than 60 seconds to write a check.
 
Posted by Doctoall on :
 
quote:
Originally posted by ed19363:
AFter all that has happened since the new year, this whole thing could be muted by one good PR. Instead, UC acts like he doesnt have a clue, and he probably doesnt.
We are still mushrooms, and I have now set a date when I will sell what is left for whatever I can get, and move on to greener pastures.
Scam of a lifetime to me, until the fat guy does something to prove me wrong. And I'm not talking about fluff PRs, or Andy telling us to hang in. I'm done hanging in. And if I ever get an email or announcement that we are suing the clown, it will take less than 60 seconds to write a check.

I think that we will get that e-mail to start a law suit after June 30th. I will also get on board with that one. I hope that in addition to Urban, that we go after Melvin, Andrew, Glenn, Green Baron and all those poster who have pumped this stock and keep pumping [Big Grin]
 
Posted by Doctoall on :
 
Geez now these are angry investors, who lost their money. Sorry for the long post but thought that it was an interesting article.

Sacramento Bee May 12 2005

Man Arrested In Ploy To Torture Investor

A Sacramento man who agreed to abduct and torture an overseas investor on behalf of a man hired by 19 clients was arrested after he solicited the help of an undercover sheriff's detective, law enforcement officials said Wednesday.
The plot, thwarted on the eve it was supposed to have been carried out, was designed to elicit the investor's overseas account numbers and his personal identification number so the clients could retrieve millions of dollars they had invested, Sacramento County sheriff's officials said.

The investor's clients are members of an international church, described in Internet chat rooms as a cult, that requires members to relieve themselves of their worldly possessions. Instead of turning them over to the church or charitable organizations, investigators believe, the investor's clients apparently were trying to hide their possessions in unmarked overseas accounts.



The intended victim, a financial investment adviser from Oregon, is not being named by officials because they are continuing to investigate the case. He acknowledged to detectives that he had made "bad investments" and had gotten "greedy," according to Sacramento Sheriff's Detective Mike Wright.

Wright, who went undercover to pose as an accomplice to the planned abduction, was tipped to the plan by a Sacramento private investigator who said he had been contacted by a former business colleague - Kevin Westman - for help in an abduction.

The private investigator, who is described only as a confidential informant in case papers, introduced Wright to Westman and then set up several telephone conversations so the three could plan out the specifics of the kidnapping planned for April 22.

Westman, 41, said he had been hired by a San Diego private investigator, William Lindsay Calder, 52, to kidnap the Oregon man and take him to a "safe house" where he would be tortured by the three men in an attempt to get information from him, Wright said.

Calder allegedly gave specific instructions on how to bind the intended victim, with duct tape, and how to immobilize him with a stun gun.

Westman and Calder face charges of soliciting to commit a crime when they appear in court on Tuesday. They are being held in Sacramento County jail in lieu of $1 million bail.

"(Westman) said he was working with a group of mercenaries from San Diego who were working with the investors and they were working to recover the money," Wright said. "He described methods of torture and ways of extracting information from the intended victim," including a polygraph machine and a shocking device.

The financial adviser was expected to drive from his Oregon home to visit his daughter in San Diego, stopping in Sacramento to meet with a woman who had been trying to get her money back from him, Wright said.

The woman, although a member of the same church, was not among the 19 investors who hired Calder. The Oregon man also was a longtime member of the church, Wright said.

"I don't think she knowingly set him up because she's been trying to have meetings with our victim for months," Wright said. And he's been putting her off because he doesn't have any of (her) paperwork anymore, and he's not going to give her back the money."

Westman told his accomplices that they would be holding their would-be victim for about seven hours - until "an information extraction team" arrived from San Diego to take charge of the man.

On April 21, hours before the plot was to be set in motion, Wright and other detectives arrested Westman and searched his home. A day later, a special investigations team with the San Diego County Sheriff's Department arrested Calder in front of his home.

Last week, Wright and other investigators searched Calder's San Diego home and found information that reportedly linked him to the plot.

Wright said that 17 of the 19 investors live outside the United States, but he would not describe any of them in further detail.

Among the letters officials have is one from Calder to the Oregon man saying he knew there were 98 victims of his embezzlement and that he represented 19 of them. The man told detectives that Calder had been contacting him since 2002.

Wright said the 19 investors are not considered suspects in the case because it is unclear if they knew what methods Calder was using to try to get the money back.

"We get calls all the time with stuff like this, which is pretty much unbelievable," Wright said. "But this turned out to be factual all the way down the line. ... It's all James Bond."
 
Posted by ed19363 on :
 
There are too many nuts in the world....
 
Posted by legaleagle on :
 
OG POSTS JEFF LETTER

http://www.cmkxownersgroup.com/JefferiesLetter.pdf
 
Posted by legaleagle on :
 
LOL 111 BILLION "ACCIDENTAL" SHARES.
 
Posted by Wallace#1 on :
 
legal, what you just reposted of jay-adobe's post is just a bunch of crap! I am disappointed with you. Thought you could have done much, much better than that!
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
legal, what you just reposted of jay-adobe's post is just a bunch of crap! I am disappointed with you. Thought you could have done much, much better than that!

SORRY WALLACE, I'LL TRY TO DO BETTER NEXT TIME.
 
Posted by legaleagle on :
 
FROM THE JEFF LETTER, HOW DO YOU "SETTLE" 111 BILLION SHARE TRADES THAT WERE NEVER REPORTED, WITHOUT SETTING OFF ALL KINDS OF BELLS AND WHISTLES.
 
Posted by legaleagle on :
 
AND WHY DIDN'T THE SEC KNOW OF THIS LONG BEFORE MAY 6 OF THIS YEAR WHEN THE TRANSACTIONS TOOK PLACE OVER A YEAR AGO?
 
Posted by tarq3 on :
 
111 biLLion shares they did not report. boy o boy JEFF in kinda deep. Thing about it that is just the number they are reporting. Who knows how many other MM's are in it just as dEEp if not dEEper
 
Posted by legaleagle on :
 
IMO, JEFF HAD 111 BILLION "EXTRA" SHARES AND THEY DON'T KNOW IF THEY EVER CLEARED OR NOT. TRANSLATION: DEAR SEC WE HAVE A COUPLE OF EXTRA SHARES LAYING AROUND. WE DON'T KNOW HOW IT HAPPENED. MUST HAVE BEEN AN ELECTRONIC ERROR. PLEASE DON'T SEND US TO JAIL. LOL
 
Posted by legaleagle on :
 
IF JEFFRIES GOT A LETTER FROM SEC, S'POSE ALL THE REST OF THE MM'S GOT ONE AS WELL? SURE WOULD LIKE TO SEE NITE'S.
 
Posted by glassman on :
 
this is good stuff....

but i think you guys might need to be asking why they SPECIFICALLY state that the sales were LONG SELLS...

not SHORT SELLS....

the gun is smoking...WHO fired it????????
 
Posted by legaleagle on :
 
LOOKS LIKE THE CLEARING BROKERS FIGURED OUT A WAY TO GET THE FAILS OFF THE NSCC RECORDS AND INTO "EX-CLEARING" STATUS, WHERE BROKERS DEAL BETWEEN THEMSELVES. AND THE NSCC DOESN'T MONITOR.
 
Posted by legal1082 on :
 
Now I'd say this is getting interesting!
 
Posted by legaleagle on :
 
93.13 Billion in Buys - 448 Million in Sells
There were 7 lines showing ****** for +19 billion (2.48 avg)
 
Posted by glassman on :
 
is it possible that these trades were being executed for CMK?
 
Posted by legaleagle on :
 
FRIZZELL UPDATE 5/12


FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
(903)595-1921
Fax (903)595-4383
E-Mail jmartin@cmkxownersgroup.com


Update May 12


Good morning,


The Jefferies letter in which I referenced yesterday is now available on the Owners Group web site found at www.cmkxownersgroup.com .


We have begun on your behalf a separate investigation into all parties associated with this letter.


Today is a travel day for John Martin and myself, so we will not be available for questions until tomorrow. Feel free however, to call or email the office today if it is absolutely necessary. Goldie or Jill may be able to assist you.


Onward!


Bill
 
Posted by legaleagle on :
 
quote:
Originally posted by glassman:
is it possible that these trades were being executed for CMK?

IT COULD HAVE BEEN ANY TWO ENTITIES WITH 111 BILLION IN CERTS (REAL SHARES). THE IMPORTANT THING HERE IS THAT JEFF IS COVERING IT'S SHORT SELLING BY SAYING THAT THEY WERE CONTINUOUSLY SELLING CMKX BELIEVING THAT 111 BILLION REAL SHARES WERE STILL IN THEIR INVENTORY. WHILE ALL ALONG, THEIR POP UP BLOCKER WAS "MALFUNCTIONING" AND NOT REPORTING THAT THESE SHARES HAD BEEN SOLD. THE PROBLEM WITH THAT EXCUSE IS THAT IT HAD TO BE "MALFUNCTIONING" FROM MARCH TO SEPT '04.
 
Posted by legaleagle on :
 
THEN THE QUESTION ARISES AS TO HOW MANY TIMES DID THEY MOVE THIS 111 BILLION SHARES OVER THOSE MONTHS, "THINKING" THEY STILL HAD THEM IN INVENTORY. NOT JUST TO RETAIL BUYERS, BUT TO OTHER BROKERAGES AS WELL IN THE 10'S OF BILLIONS.
 
Posted by glassman on :
 
i read it to say that they knew anything over 9,999,999 wouldn't show...i remember all of those 9.999999mill share trades we saw all the time...

interesting how many of these trades were when the PPS was up from the Jun PR's....looks like part of a planned thing to me....

i'm just 'spicious by nature tho... [Big Grin]
 
Posted by ya ya on :
 
I will buy millions of shares of this once ACSJ skyrockets.
 
Posted by legaleagle on :
 
JEF DOWN $2.04
 
Posted by legaleagle on :
 
http://www.pinksheets.com/otcguide/issuers_shortsellingletter.jsp

CEO OF PINK SHEETS MAKES PLEA TO END NAKED SHORTING???

Dear OTC Investor:

I am writing to alert you of a very important rule change that is needed to improve the OTC marketplace. I need your help to make regulators turn on the lights and protect investors from the menace of hidden short selling in the OTC market.

I think you'll agree that this issue deserves the small amount of your time it will take for you to tell the SEC what you think about this issue.

As Chairman & CEO of the Pink Sheets, I know perhaps better than anyone the importance of improving the Pink Sheets and OTCBB trading. And I know the devastating impact that small companies face when their market is tarnished by the threat of manipulation.

There is a crisis facing the OTC market today in the lack of short sale position reporting and disclosure for OTC issues. This lack of transparency regarding short selling in the OTC market allows fraudulent acts to go undiscovered and manipulative short sellers to hide.

I believe regulators should fix the problem. Small issuers traded on the Pink Sheets and the OTCBB deserve the same transparency and regulatory oversight of short selling as those listed on Exchanges or NASDAQ.

Therefore, Pink Sheets has petitioned the SEC to cause the amendment of NASD Rule 3360 and require NASD broker dealers to maintain a record of total "short" positions in all customer and proprietary firm accounts in all publicly traded equity securities as well as report this information to the NASD for public dissemination of the short positions by security. The SEC's action is urgently needed to prevent fraudulent acts, expose market manipulation, promote fair principles of trade and protect investors.

Our full rule change request is available for you to read at: http://sec.gov/rules/petitions/petn4-500.pdf and comments by other concerned OTC market participants are available at: http://sec.gov/rules/petitions/4-500.shtml

But I cannot make this important rule change happen without your help. Thus I'm asking you to write a letter today, and voice your support to the SEC for the Pink Sheets' Request for Rulemaking Regarding Member Records of "Short" Positions and Reporting and Public Dissemination.

So please send your comments via Email to: rule-comments@sec.gov with a Cc: copy to: pubcom@nasd.com

Or, if it's more convenient, you can mail your comments to:

Jonathan G. Katz
Secretary, Securities Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549

With a copy to:

Barbara Z. Sweeney
Senior Vice President and Corporate Secretary, NASD
1735 K Street, NW
Washington DC 20006-1500;

Either way, your Email or letter should refer to SEC File No. 4-500. Request for Rulemaking Regarding Member Records of "Short" Positions and Reporting and Public Dissemination of Aggregate Positions by Security.

I know I'm asking you to do a lot. But it's important that we make the OTC market transparent and fairly regulated. I think you'll agree that this issue deserves the small amount of your time to tell the SEC what you think about this issue.

Remember, the only way to succeed in achieving this rule change is through the public outcry of investors demanding the SEC make this needed improvement to the OTC markets, and there is no substitute for your personal voice in this debate. This important rule change is not going to happen if you remain silent.

So please, don't rely on others to get the job done. Write your Emails or letters today. Together, we must win this battle and convince the SEC not to treat the OTC secondary markets for small companies as second class citizens.

Without this rule change investors and securities regulators will be blind to any short selling activity in Pink Sheets and OTCBB stocks. The SEC needs to know that the lack of short sale information in your securities is unacceptable and demand they change NASD Rule 3360 immediately.

I'm asking for your help to improve this critical part of the securities market, so that companies like yours will be traded in transparent, efficient and well regulated OTC markets. Please do your part by writing your Email or letter today. Every voice counts in the debate, and yours could be the one that puts us over the top.

Thank you for your time and help in this fight.

Sincerely,

R. Cromwell Coulson
Chairman & CEO
 
Posted by legaleagle on :
 
Green Baron on CMKX Hearing 05-12-05


Green Baron on CMKX Hearing 05-12-05

CMKM Diamonds, Inc.

One of our staff with The Green Baron Report was able to sit in the
courtroom and view all the proceedings at the hearing Tuesday, May
10, 2005 in Los Angeles. The SEC is trying to make a case to
deregister the common shares of CMKX stock against the wishes of the
Company, or its shareholder group organized and represented by
attorney Mr. Bill Frizzell.

Here are some general notes we gathered from the hearing. Although
Mr. Frizzell was not able to enter evidence at this time regarding
the naked short issue, his involvement has been vital to this case
and his continued work is extremely important going forward for the
shareholders to prove manipulation and naked shorting of CMKX (more
on this later). Several people that were thought to be supportive to
CEO Urban Casavant appear to have had ulterior motives. USCA CEO
Rendal Williams was less than honest on the stand when he claimed
that USCA's halt just prior to the CMKX shareholder appreciation
party did not have any effect on plans to make announcements at the
event. It remains a big question what exactly Ed Dhonau and Roger
Glenn brought to the table to help CMKM Diamonds. The accountant
hired by CMKX to file to become fully reporting resigned the day
before the hearing and nearly nothing to show for his payment of at
least $70,000. We also heard some other names that we will be
researching in the near future that appear to have steered CMKX the
wrong way.

It is evident that CMKX has maintained some sloppy bookkeeping, but
the DTCC and market makers' trading activities may be equally or more
questionable. Mr. Bill Frizzell is very confident that shareholders
will be redeemed so long as they remain focused and supportive of his
efforts. A new document now appears on the website at
http://www.cmkxownersgroup.com/ titled
Jeffries Letter that opens the door to perhaps some unscrupulous
trading activities.

IMPORTANT: Mr. Frizzell has asked that all shareholders fax copies
of their CMKX positions from brokerage statements to his office at
(903)595-4249 at some point over the next week (the sooner the
better) in an effort to prove without doubt there is a huge naked
short position on CMKX. More information regarding this can be found
under the icon Naked Short Fax Campaign at the shareholders attorney
website at http://www.cmkxownersgroup.com/

The judge has until July 15 to make her final ruling and Mr. Frizzell
says there are many avenues the Company can take over this time and
beyond that will benefit the shareholders. The Green Baron Report
must remain somewhat hushed on CMKX until more information surfaces
regarding the potential of its land claims and the entire case. We
hope CMKX will be able to file all required documents to be fully
reporting by July 15, and we encourage the Company to do so.

http://cmkxdiamond.********s32.com/index.cgi?board=general&action=display&num=1115927810
 
Posted by legaleagle on :
 
CMKX DAYS TRADING SLOWED TO ONLY 929 MILLION. THAT'S LESS THAN WILLY'S PORTFOLIO. LOL
 
Posted by Upside on :
 
quote:
CMKX DAYS TRADING SLOWED TO ONLY 929 MILLION. THAT'S LESS THAN WILLY'S PORTFOLIO. LOL
And it's 929 million more than mine. After almost two years of this, I'm happy to say I am out.
 
Posted by ed19363 on :
 
Hold the door, Upside, I'm right behind you.
They can take this whole mess and shove it.
 
Posted by legaleagle on :
 
YOU'LL BE MISSED UPSIDE
 
Posted by bill1352 on :
 
well unless i read that letter wrong & since i read it 3 times i dont think so it said that was a report of all the trades & that they were clearing but not reporting to the Big Tape. if i'm not mistaken that is the daily volume we see every day & since they had to go thru under 10 million explains all those 9.9 million trades. nowhere in it does it say where those shares came from, just says a broker/dealer. that broker could be where cmkx dumped the shares into the market. that broker/dealer might be UC's market connection. i am glad to see frizzy is looking into who jeff was getting the shares from but i wouldn't be too suprized if they were coming straight from UC. notice the first sentence of the fourth paragraph..."from a trade reporting perspective." in the fifth paragraph right after the total number it says "failed to report to tape". the last sentence before the if you have any questions says it will ensure they get reported to tape. no place does it say they did not clear. last sentence, third paragraph states "from a settlement perspective, these ex-clearing trades settled without incident". in other words if jeff was selling NSS they would not settle but they would report to tape. in this case it worked the other way around, they settled but never reported. which again suggests these shares came straight from cmkx.
 
Posted by bill1352 on :
 
UPSIDE, you sold you peice of the cmkx pie????!!!!! are you crazy???? those certs would be collector items...lol
 
Posted by bill1352 on :
 
missed the whole day so i need to catch up on my bashing, close to being back to paid basher status & dont want to mess up now...lol


the judge not allowing valuation evidence would be normal. this trail is about not reporting. its not about the value of the claims, its not about how many shares are in the market, thus no float info. its about why didn't UC call his t/a before filing a form 15 & can cmkx even file at all period. the judge said right from the start she was not going to clutter this up with things that did not deal with filing or not filing. so far it seems she did just that. she did bend a bit in letting frizzy give her any NS proof he had thus keeping the cult hopes alive.
 
Posted by will on :
 
bill, thanks for the explanation. When I first read it I wasn't sure just what the ramifications were. I saw it was the period during the run. It doesn't tell you who JEFF's customer's were, but my first thought was UC.
 
Posted by bill1352 on :
 
no problem will...lol i'm here to keep you straight on things. we cant have you confused...lol
 
Posted by Wallace#1 on :
 
Some of you have already presented logical and meaningful explanations for the volumes in the Jeff report. My first reaction was the same as Glassman's with reference to UC/CMKX selling shares through Jeff's client brokers.

The one thing I found strange, is at the bottom of each page was the date Feb. 08, 2001 while all the information was supposedly for 2004.

I do think Bill made a pretty good explanation of the end result of that whole thing....that settlements were made without incident.

Legal, made other comments earlier which I will address separately.

PS: I am betting Fizzle is now in the process of setting this thing up for future litigation. The problem is that he favors UC and CMKX and will likely go after the wrong parties. I would not touch him with a ten foot pole....with or without another $$$$$ contribution to him.
 
Posted by JohnnyRotten on :
 
I think the long position could have been a hedge fund who borrowed them from the DTC. Or a fund who bought billions at .0001 over a long period.

Uh could we borrow a few, say 111 billion which is legal if registered shares exist to cover them. They sell them at .0007 and the pps plummets.

If the buys were in the billions and sells in the millions don't we think the pps should have risen instead of falling?

I doubt this was the company because they would have benefited more from a volume rise taking the pps to a penny and then diluting. That is what should have happened.

Urbans pump and dump was short circuited by an equally dangerous sell them to helllll.

This sounds like a Don King promotion, in this corned pump and dump urban vs hedge fund louis the king of the short.

So they short sell it at .0007 or whatever from the dtcc and buy them back and cover at .00006. They may not have been using fake shares. They could have bought real shares at .0001 and waited til the rise and the time to dump them forcing the pps down. What a bunch of businessmen.

What a bunch of suckers we are. Small investors don't have a chance in heckville.
 
Posted by glassman on :
 
Wally:

The one thing I found strange, is at the bottom of each page was the date Feb. 08, 2001 while all the information was supposedly for 2004.


glassman:

i saw that too, but i think it's just the fax machine not programmmed properly....(i still can't program my VCR [Big Grin] ) d'oh we retired the VCR (except for "certain" movies)
 
Posted by glassman on :
 
JR, i think you are beginning to see what i've SUSPECTED for quite awhile...i can't prove it obviously, but i think the shareholders got caught in the middle here...

i bet the "fund" got them for more like .00007...

i watched too many .0001 trades go thru for about 6 months in the first half of '04
 
Posted by Wallace#1 on :
 
Re legal's previous comments:

L: If CMKX had not provided any information to the Auditor Levine, why would they call him as a witness?

ANS: Stupidity, damn it, stupidity!

L: And it was CMKX that called him, not the SEC?

ANS: As I recall, it was FizzleFrazzle who listed him as a witness. FizzleFrazzle is NOT "the Company". Of course, he and the OG people do think that way, huh?

L: Second question, if there are no financial records available for the company, how did they file their corporate Federal taxes each of the last several years?

ANS: What makes you so sure they did? And, if they did, what makes you so sure "evasion" was not involved?

L: With all of the govt. agencies watching CMKX and Casavant, wouldn't you think Urban would already be in jail for evasion if this hadn't been done?

ANS: Not particularly. Maybe they had none of the evidence now provided so had no reason to question purported tax filings. Now, THEY DO!!

L: Regardkess bill, if Levine had been given no records, why would the company call him as a witness?

ANS: See above ANS.


L: Oh, I'll probably have some more posts today ed. Actually there were two questions. Still waiting for answers.

ANS: Now you have those answered. How about answering the about 30 to which you have not responded. Please go back and do so.

L: BTW, many are posting that D Roger Glenn didn't do anything for the company since he only turned in a one page letter. If any think that that is all he gave the company, please know that over 8 months, one piece of paper would not cover the billing statement, not to mention the Sask meeting, the Ecuador trip, and the dividend issues.
cover the billing statement, not to mention the Sask meeting, the Ecuador trip, and the dividend issues.

ANS: You answered that one yourself in less than 1 full sentence...."cover the billing statement, not to mention the Sask meeting, the Ecuador trip, and the dividend issues."

L: As long as it's Q & A day at Allstocks, why did the SEC prevent valuation information from being given when CMKX was trying to establish it?

ANS: Because no one there, including your friend and confidant-UC, are qualified to answer it. Remember, UC once marketed fishing lures for suckers!

L: Hmmmm, was that in the shareholders best interest?

ANS: What and mislead shareholders all the more with outrageous claims about "potential" from non-experts?

L: Frizzell: "It was frustrating to see the judge exclude Mr. Stoeckleins offer of evidence of the evaluation of various properties. Ed Dhonau was to testify about the value of the claims in Canada and the value of the gold mining operations in Ecuador."

ANS: See immediately above. And Ed Dhonau does not appear to be the most trustworthy of people as well as having no expertise in valuing mining properties.

L: I would think they would have asked him some qualifying questions before "disqualifying" him.

ANS: And I would think you would have known he was not "qualified"!

L: I am sure the SEC, like so many others, know that Ed Dhonau is a major player in this company.

ANS: The SEC was already informed about Ed Dhonau since he or his name has come up before them under other circumstances in serious question about securties trading and alleged scams. Does the name "Hackman" (a lawyer) ring any kind of bell, legal?

L: In the pursuit of "truth and justice" (LOL) by the shareholders' government "champion", I think the exploration of valuation would have been good from any source that closely connected with the company.

ANS: Valuation of claims has nothing to do with the charges brought against CMKX. "Good from any source"? It could only have been an exaggeration, but still meaningless. Shareholders would then "run with it".

L: How would valuation information have been prejudicial to a charge of lack of filing?

ANS: Answered above. You are answering your very own question.

Sorry for the length folks, but it took me a while to catch up and respond to a bunch of nonsense.
 
Posted by Ric on :
 
I agree with bill, I am not sure what legal is getting hyped up about. Looks to me it was a reporting issue only. It was all the trades over 10 million wasn't reported to the "Big Tape". Whats the big deal now. Jeff said he was sorry and the SEC said they didn't think CMKX was NSS. It still would be funny if it was short 111 billion after they claimed trillions of NSS. Still don't know for sure if it has NSS or not. 704 billion shares by UC is enough to handle IMO.
 
Posted by Ric on :
 
Wallace,

I think the Levine issue is nothing more then UC's why of getting out of jail. Hope it doesn't work. When the SEC comes after him in a criminal hearing then he can say. I hired people to do the filings but they couldn't get it done because of voids in the records. I tried, I swear but its there fault.

Not the real issue. I am hiding or destroyed the records because I don't want to go to jail.
 
Posted by Wallace#1 on :
 
I did not treat upon the following enough:

L: "With all of the govt. agencies watching CMKX and Casavant, wouldn't you think Urban would already be in jail for evasion if this hadn't been done?"

ANS: I sure do hope there ARE many govt. agencies watching CMKX and Casavant....expecially the FBI and the IRS. Do you have any specific knowledge about their activities surrounding the subject, legal? That would be wonderful! Please post in detail.
 
Posted by TruthTeller on :
 
Is somebody NSSing JEFF [Smile]
quote:
Originally posted by legaleagle:
JEF DOWN $2.04


 
Posted by Wallace#1 on :
 
In case some forgot, just a few of the many tidbits about Dhonau, Williams and their illustrious backgrounds in both mining valuations, other adventures, etc.:

U.S. Canadian Minerals is still far outpacing the accomplishments of its two earlier incarnations, E-Bait Inc. and Barrington Foods International Inc.

E-Bait was being reeled in by Barrington Foods in a reverse takeover
Barrington Foods, promoted as a purveyor of powdered soy-based milk products, was headed by Mr. Williams, now serving as chief executive officer of U.S. Canadian Minerals.

According to an Oct. 29, 2001, registration statement filed with the SEC, at least two people with connections to U.S. Canadian Minerals and associated companies were also early participants in Barrington Foods; specifically, lawyer Brian Dvorak and, perhaps more significantly, John E. (Ed) Dhonau.

In late 2003, Barrington Foods abandoned its vaunted soy project and vaulted into the mining business, changing its name to U.S. Canadian Minerals in January of this year.

The first beneficiary of Mr. Williams's share-issuing acquisition strategy was Nevada Minerals, headed by Mr. Dhonau.

Mr. Dhonau, once the recipient of the Charlie Hustle award from one of his employers, also played a role in Voyager Entertainment International Inc., an OTC company with an interesting history. Among other things, Voyager Entertainment featured the rather significant involvement of serial stock manipulator Barclay Davis and his wife Loretta Davis.

Perhaps not surprisingly given his numerous business associations, Mr. Dhonau has been involved in a number of lawsuits, on occasion as plaintiff and other times as a defendant.

He also ran afoul of Ohio securities regulators for selling unregistered securities and was the subject of a 1998 cease and desist order.

Mr. Dhonau's brush with Ohio regulators pales in comparison with the regulatory and law enforcement woes of some individuals with whom he has been directly and indirectly associated.

For example, Mr. Davis and his wife Loretta, participants in Voyager Entertainment in which Mr. Dhonau played a role, were tagged with a $3-million disgorgement order obtained by the SEC in an unrelated matter in 1998. That was not the end of Mr. Davis's woes.

On Sept. 26, 2002, a Nevada judge sentenced Mr. Davis to 30 months in prison for his 1993 to 1997 rig job of Combined Companies International Corp. Among other things, the Combined Companies stock fraud included bribed brokers, false audit reports, bogus S-8 stock issuances to consultants and illegal use of nominee accounts.
The sentence also took into consideration Mr. Davis's plan to have a witness injured to prevent him from testifying against him.

There is nothing to suggest that Mr. Dhonau had even the slightest clue about the dastardly deeds of Mr. Davis.

Similarly, there is no indication that Mr. Dhonau had any knowledge of the alleged criminal activity of Canadian Laurent Barnabe, a third party defendant in a Nevada civil lawsuit featuring Mr. Dhonau as both a primary defendant and third party plaintiff.

While that lawsuit was wending its way through the judicial system, Mr. Barnabe was arrested by the FBI in connection with an unrelated matter.
On Jan. 5 of this year, a 75-page superseding grand jury indictment was unsealed in Oregon charging Mr. Barnabe, Gilbert Ziegler, Robert Skirving, Rita Regale and Douglas Ferguson with 147 counts of conspiracy, wire fraud and mail fraud for their alleged roles in defrauding investors of at least $206-million in connection with the massive First International Bank of Grenada scam.

The charges against Mr. Barnabe and his alleged associates, which stem from a five-year investigation, include one count of conspiracy, 22 counts of mail fraud, 19 counts of wire fraud, 103 counts of engaging in transactions with proceeds of crime, and one count each of money laundering conspiracy and forfeiture.

Mr. Barnabe, recently released on bail, denies the allegations and has pled innocent.

In the same vein, there is nothing to indicate that Mr. Dhonau knew anything at all about the less than reputable activities and alleged activities of disbarred, SEC-suspended and subsequently indicted lawyer Shawn Hackman, who served as secretary and treasurer of four Nevada companies headed by Mr. Dhonau: Horizon Prime Inc.; Red Bluff Corp.; Silver Stream Corp.; and Western Sky Inc.

Again, my aplogies for the length, but with legal around you must be well accustomed to lengthy posts. LOL
 
Posted by will on :
 
"Again, my aplogies for the length, but with legal around you must be well accustomed to lengthy posts."

Yes, but unlike this one, his aren't worth reading.

Come to think of it, I haven't seen a repost from any of the wordy winbags. Dr D, Zen, Sterling, and the likes.
 
Posted by Wallace#1 on :
 
Also as a point of information and maybe additional research are the possibilities that either Dhonau or Woodward were required to file with the SEC as "beneficial shareholders" of CMKX. Wasn't something said somewhere that Woodward held a pile of CMKX stock? 5% or more?
 
Posted by bill1352 on :
 
well wallace again we agree...claim value has nothing to do with these charges as i posted earlier. it would just clutter up the courts time & have no value in the findings. now if the charge was lying on claim value in prs that would be differant. again why we bashers have said all along, the 1 old drill rig was so that UC could put out prs about drilling & looking for diamonds. it made those prs legel. just like the diamond find pr...no size or amount no real report from a geologist just, the sample was diamondferious which was a true statement it was. only the fact that it was 2 tiny flecks the size of a pencil point dot on a paper was left out. why do you think even the SEC never asked for a share structure? it had nothing to do with the charges & why they objected to claim value.
 
Posted by Wallace#1 on :
 
Typical deceptive practices, bill. Not 100% lie - not 100% truth. Sounds like the CMKX Cult too, huh?
 
Posted by legaleagle on :
 
Bo14172
Diamond Finder


member is offline





Posts: 94
Re: Jefferies letter posted on OG site
Reply #131 on: Today at 1:44pm

--------------------------------------------------------------------------------
I'm about to type out a paragraph fromthe letter that should have anyone scratching their heads. I'll break up the paragraph so you can see the parts within it that give conflicting lame excuses.

"Unfortunately, unbeknownst to the firm, from a trade reporting perspective these Ex-Clearing trades presented a problem. As you may know, there is a size limitation on ACT so that any single transaction of greater than 10 million shares automatically rejects on ACT. The firm had built a propietary system so that any orders greater than 10 millin shares was submitted in component part of less than 10 million shares first through BRASS (our front end system) and then to ACT for (a) clearing and (b) Tape reporting purposes (called "The Big Report"). In short the Big Report allows trades over ten million shares to be accepted rather than rejected by ACT.

~~Here's the doozie~~>>" However, when the firms traders entered the "Ex CLearing Order" they failed to enter the trades larger than 10 million shares on The Big Report." ~~oh really??.....why??~~ >> "The traders mistakenly believed that since these trades were 'Ex Clearing', the ACT limit would not affect their tape report."

~~ So JEFF, you set up this elaborate system to account for Ex-Clearing trades over 10 million, then I would think you see you account way out of balance early on, and you do even notice or ask why there are no trades over 10 million showing on your esteemed ACT system?? Good Lord JEfferies, you define insulting a person's intelligence with that excuse.~~

~~But wait, their is another lame excuse~~The paragraph's next sentence>>

"We now know that Ex-Clearing trades over 10 million shares were rejected by ACT."

~~so which excuse is it, INTENTIONAL trader entry error & gross daily oversite on your part, or system error? But wait JEFF, how can it be system error if they weren't putting the numbers in anyway as you just said 1 sentence ago?? So now you are trying to tell us you had 2 things in place to hide naked short trades trades, or is the above just a silly 6 month coinsidence??
It goes on~~>>

"While BRASS has a pop up system to alert the trade procession area that an order has been rejected by ACT, the pop must to activated by the member firm utilizing BRASS. The firm had not turned on this pop up feature during this time frame."

~~I know the grammar isn't good, but that is how the letter reads in these sentences.
Okaaay, so Door number 3 is that nasty popup feature wasn't working. We're going to blame it on that. Why have a pop-up in the first place if you have worked to set up a system to account for trades over 10 million??

Why would you be so naive to offer three excuses in this letter?? You mean to tell me that something as serious as setting up a system to balance your books, then watching it fail for 6 months isn't suspicious
Then to have 3 excuses and not be able to identify any of these after the first day or two of out-of-balance trading?? They are very simple causes to detect.

Soooo, we work at JEFF and see a short sell trade for 30,000,000 shares. We see that it's not accounted for properly, then see out of balance trading day after ut of balance trading day go by for 6 months...and DO NOTHING.

Please. What is a word beyond corrupt and insulting? What ever that word is, that is what we have been subject to from CMKX and the MM's.

I would like to know the 2 "broker-dealer customers" mention in the 3rd paragraph as well. Don't they have an obligation to report their identity to the SEC as part of this record?

Eye yi yi. What a week.

About now, I think we all need to watch about 3 hours of liquor fueled mudwrestling.

Bo
 
Posted by Ric on :
 
He made a couple good points but that guy was basically an idiot. Why re-post such garbage. You may put a theory on this all you want but this was long sells not short and was covered. They didn't report it when it was over 10 million. If that was against SEC rules then the SEC can impose a penalty but it says nothing to NSS. And could even be shares UC is selling for all we know. But Guess what. It would only be a guess.
 
Posted by Wallace#1 on :
 
Ric, give the guy a break!~! At least he got the following part right:

"What is a word beyond corrupt and insulting? What ever that word is, that is what we have been subject to from CMKX..."
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
He made a couple good points but that guy was basically an idiot. Why re-post such garbage. You may put a theory on this all you want but this was long sells not short and was covered. They didn't report it when it was over 10 million. If that was against SEC rules then the SEC can impose a penalty but it says nothing to NSS. And could even be shares UC is selling for all we know. But Guess what. It would only be a guess.

Ric, you are calling this guy an idiot, yet you apparently failed to even read the letter if you think these trades were settled.

Check page three, second paragraph, last sentence: "We would like to report these trades in a manner acceptable to you." So after over a year, Jeffries is just now bringing this short to the attention of the authorities. And obviously, only in response to an inquiry from the SEC investigators.
 
Posted by Ric on :
 
So legal. It says how do we report it to the tape now. duh. And still were do you see short anywhere in the letter. All I see is long sells. It didn't say we want to cover this, because it was already covered. He said how do we report this now since we didn't report it on the big tape a year ago. How easy is this to understand.
 
Posted by legaleagle on :
 
Ric: They didn't report it when it was over 10 million.

It was over 10 million in the case of 110 billion shares. In about 6 months time, Jeffries alone moved one-fifth of the entire AS of CMKX without reporting it.

Didn't their books show an imbalance? So why did it take them a year to find their errors?
 
Posted by Ric on :
 
Who knows legal. But we can't assume either way. You can try and infer but theres no proof of any wrong doing not to say that there wasn't. But it was still long sells. The worst you can say is the seller didn't give Jeff the shares. I dought that but who know. I read it as saying they did cover the sells. Also you could infer it was UC who was the one that was the long seller but then again that is only a theory. No proof. It never said. Adding things as facts doesn't make them facts. But one fact for sure is its a long sell not short and a reporting error which would throw off volume. Thatss the only facts I see.
 
Posted by legaleagle on :
 
Ric, I don't see SHORT in the letter, I see a weak attempt at CYA by Jeffries for the naked short situation.

JEFF was the first card in the Counterfeit Securties house. What excuse will the rest use? How long will it take each of them now, to come forward with some similar excuse. "Sorry, your honor, the dog ate my tape."

It will all be coming apart now. Frizzell has the statements to prove it, and the SEC now knows it.
 
Posted by bill1352 on :
 
legel does that kool-aide effect the way you read too?

it says report to tape thus the days volume. it says they didn't catch it because they settled they only noticed it because it wasn't getting to the days volume. there is only 1 place that many shares could come from...cmkx. 2 brokers is more then likely 2 places UC sold shares to so that they made it into a market maker. it says in plain english THEY SETTLED
 
Posted by bill1352 on :
 
legel sometimes i wonder about you...lol your looking so hard for some kind of NS proof you'll bite at anything remotely possible. it says LONG SELLS more then once. it says THEY SETTLED more then once. it says THEY DIDN"T MAKE THE TAPE more then once. thus wherever jeff got those shares there had to be certs to back them or then never would have settled. now unless UC gave away 111 billion shares there is only 1 LOGICAL place they came from, part of the hundreds of billion dumped into the o/s. now maybe if you clear the kool-aide you might see proof of you idea of UC selling hi & buying back low but since your brain is so fogged with the OG & your unverified NS proof you cant see the trees from the forest.
 
Posted by Ric on :
 
And bill wasn't Jeff suppose to in tight with cmkx last year and the longs were praising him? Was Jeff UC's MM to broker the diluted shares???? Well, that was huge numbers for a long sells. Who had access to that many shares and want to sell them???
 
Posted by bill1352 on :
 
your right RIC...i forgot about jeff being UC's hero at 1 time...just before he quit being a mm for cmkx...remember the big deal when his name dropped of the L2's.
 
Posted by bill1352 on :
 
well nite folks...enjoy...another day of bashing tomorrow...legel find more stuff we can pick apart ok???...lol
 
Posted by Ktrain420 on :
 
LOL
 
Posted by JohnnyRotten on :
 
The problem of all this is that many investors use the buy sell ratios to make decisions about the direction of a stock. They see 90% buys and jump on it, needless to say the volume supplied by the 111 billion didn't show up on anybody's chart.

How many people lost money because they depended on charts and level II from these fancy brokers when low and behold they were being duped by shares hidden under the counter.


You would be better off throwing your money on a crooked craps table. This just ticks me off more than UC taking the fifth. This is flat out unacceptable.
 
Posted by Ric on :
 
I agree with you Johnny. Man did that hurt, lol. Did what happen cause investors to lose, make, or not invest by suppling wrong numbers. Could have happened. Was it illegal, thats up to the SEC whether they broke rules. But still it has nothing to do with not filing by cmkx. Should Jeff be punished, maybe. Will he, probably not. Does this have anything to do with the case at hand, absolutely not. I do think UC taking the fifth is a lot worse though.
 
Posted by Wallace#1 on :
 
legal, no one ever said there is, was, could be, is not, was not or won't be a NSS position with CMKX. Some just plain do not believe it to be a extraordinarily large amount.

We all know that NSS could be a serious problem with stocks (not just you little pet CMKX).

You are trying to divert the conversations away from CMKX's/UC's alleged transgressions concerning SEC violations to something that has no bearing on that particular matter. How many times does the Judge have to rule NSS out before you people get the hint that it is meaningless to the proceedings?

Try keeping to the subject at hand and answer all the many questions that have been asked of you that you conveniently ignored by diversion and distortion.

There appear to be many unsavory people and events associated with UC/CMKX et al....not to mention conflicts of interest which may not be illegal but are considered unethical. How much evidence does someone like you (or any other Christian Trader, Cult, OG member) have to be slapped in the head with to face even a tiny bit of reality?

Why are you blind to the crowd they hang around with and deal with? Why do none of them appear to come across as clean, honest or decent people. Why do you see no similarities in the nature of their past performances to those you would have once been proud to arrest? What was your reaction to one of the suspects you arrested when they pleaded the 5th?

By the way, congrats on 39 years coming up in the next several months. Your wife must be one hell of a prize!!! And, I sincerely mean that.

Good night.
 
Posted by Ric on :
 
On a lighter note, heres the new cmkx t-shirt for sale on e-bay, lol.


http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&category=15687&item=8305093596&rd=1&ssPageName=WDVW
 
Posted by Upside on :
 
For crying out loud, what is all the hubub over this letter from JEFF? They were one of the main market makers in CMKX during the period referenced and this document shows that they bought a boatload of shares that coincided with two events, CMKX's run, and CMKX's increase in a/s to 500 billion in March and to 800 billion in August. These are buys and sells from them that are over 10 million shares. Figure it out. They bought in huge amounts, those purchases are now on record, and for the most part they sold in blocks under 10 million.

The shares came from CMKX and the sells were in blocks under 10 million to people like me and you. This has nothing to do with short sales. I'll grant you that it appears that they tried to cover their activity up and they should have to answer for that but it's got nothing to do with short sales, naked short sales, or any other conspiracy theory.
 
Posted by Ktrain420 on :
 
RIC...that is funny as chit............LOL
 
Posted by Ric on :
 
He better patent that because once the koolaid drinkers realize its over sales could skyrocket. He still has time though. After revoked it will still be at least a year before the koolaid wears off.
 
Posted by legaleagle on :
 
Up, the 110 billion shares were all of those shares over 10 million. Not the total number of shares sold.
 
Posted by legaleagle on :
 
She is Wallace and thank you.
 
Posted by bill1352 on :
 
anyone watch Pnn & Teller's show on Showtime? had a show on conspiracy theorys this week. had a guy that was printing books from his computer & hand binding them to ship. they were on his proof that we never went to the moon. he had pictures as his big proof. 1 was a reprint of the astronauts standing next to the flag. a rock had what looked like a "C" on it. he was sure it was a prop marking. when shown the original negitive with that "C" & given proof it was a hair that got in for the reprints he laughed & swore if was still a hair. said the flag was waving & no wind on the moon, when video showed it only moved when astronauts wiggled the pole, he laughed & said they were lying. so what the cmkx cult does with proof of a pump & dump is chicken chit to some of the cults out there. come to think of it CMKX needs to be on that show...lol
 
Posted by Wallace#1 on :
 
quote:
Originally posted by Upside:
For crying out loud, what is all the hubub over this letter from JEFF? They were one of the main market makers in CMKX during the period referenced and this document shows that they bought a boatload of shares that coincided with two events, CMKX's run, and CMKX's increase in a/s to 500 billion in March and to 800 billion in August. These are buys and sells from them that are over 10 million shares. Figure it out. They bought in huge amounts, those purchases are now on record, and for the most part they sold in blocks under 10 million.

The shares came from CMKX and the sells were in blocks under 10 million to people like me and you. This has nothing to do with short sales. I'll grant you that it appears that they tried to cover their activity up and they should have to answer for that but it's got nothing to do with short sales, naked short sales, or any other conspiracy theory.

I'd say Upside is 100% correct in the above post.
 
Posted by Wallace#1 on :
 
Maybe JEFF is trying to get out from under some kind of conspiracy charge along with UC, CMKX et al. I doubt very much if the SEC charges will end UC's legal problems.
 
Posted by legaleagle on :
 
phxgold
13 May 2005, 05:55 AM EDT
Msg. 213834 of 213883
Jump to msg. #
just a lil forensic accounting on the Jefferies letter. The letter states that this method was used because they were accomodating a long seller in his sales. and woulnd up with a total of 111b shares. I have a small problem with that as I added up the total of shares transacted and came up with a total of;
total shares transacted 455,024,747,287
total buys 454,395,247,287
total sales 629,500,000
this was not done for a long seller as the numbers point directly to a massive ns position and this is just the shares transacted OFF THE TAPE! by 1 MARKET MAKER!!!!!!
http://www.cmkxownersgroup.com/JefferiesLetter.pdf
Now couple that with the evidence I found on Knight trading and theyre nss position in feb 04, and think about it there were 20+ mms on this stock in 2004.
This is proof positive of a nss position in this stock. and it seems that Jefferies was the first to break ranks.
oh btw check out jef and nites 5 day charts (thanks joy for that one) and you will see theyre rushing the exits. All my calculations are by hand and ateyate is rechecking my numbers if there are any discrepencies in my math I will post the correction.
~Phx
 
Posted by will on :
 
Thanks UpMan, a nice concise explanation. Leaving the NSS unproven once again. Settled but not reported in daily volume is the final interpretation then.
There isn't any NSS to any great extenet, not 100's of billions and certainly not TRILLIONS.
Mr. Frizzell might suggest other legal action, but the cult will want to go after the wrong parties from here. That wasn't shorts it was dilution.
Makes little difference when it comes to the current charges anyway. Theoretically it could be shorted to the moon, but once revoked, which it will be without the proper filings getting done, makes no difference. Revoked = 0, whether your shares are real or not. 0 0 0 0 0 0 !!!

quote:
Originally posted by Upside:
For crying out loud, what is all the hubub over this letter from JEFF? They were one of the main market makers in CMKX during the period referenced and this document shows that they bought a boatload of shares that coincided with two events, CMKX's run, and CMKX's increase in a/s to 500 billion in March and to 800 billion in August. These are buys and sells from them that are over 10 million shares. Figure it out. They bought in huge amounts, those purchases are now on record, and for the most part they sold in blocks under 10 million.

The shares came from CMKX and the sells were in blocks under 10 million to people like me and you. This has nothing to do with short sales. I'll grant you that it appears that they tried to cover their activity up and they should have to answer for that but it's got nothing to do with short sales, naked short sales, or any other conspiracy theory.


 
Posted by will on :
 
Hey ya ya, you still sure you wanna grab some of this?

quote:
Originally posted by ya ya:
I will buy millions of shares of this once ACSJ skyrockets.


 
Posted by ed19363 on :
 
There is no PROOF POSITIVE of ANYTHING !!!!!
Once again, I call upon CMKX to fulfil their pledge to the shareholders.

It takes minutes to put together a PR to tell us where we stand and end most of these arguments.

UC, put out a PR. The hearing is over, and it is time to think of the shareholders for just one minute.

Hello??? Is anyone out there listening????
 
Posted by Ric on :
 
I like to know why the OG doesn't stand up in arms and demand share structure? Why are they screaming NSS and not know what is actually out there to scream at? They will throw money at a lawyer to make unproven claims and will not ask for the supporting evidence. How can you claim anything if you don't even have the basic fundimental information as a starting point. They will stand up and fight to prove outside influence but want even fight for there basic right to know basic information from the company they support. This is the most crazy thing that I have ever heard in my life.

And now they want to take a long sell and change it to a short like magic. They refuse to ask the hard question of who had over 111 billion physical shares to long sell on the market. Because if they would bother to understand what a long sell is, its a sell of shares where you actually hold the shares you are wanting to sell in your account. Short sell is selling shares you don't actually have in your account. Huge difference.

So who had over 111 billion shares, because all may not have been over 10 million, that could put them into the market. That was in the 200-500 billion era. So that is over 1/5 of the a/s. No one except the company had that many shares at that time. Geez this is too easy to understand.
 
Posted by glassman on :
 
you mean we still don't have a share structure? even after the hearings? how bizzzzarro
 
Posted by Wallace#1 on :
 
You Cult Members are screwing around with figures when you haven't all the figures to screw around with. Waste of time and effort. Besides, that still has nothing to do with the proceedings, CMKX's probable revocation and, hopefully, UC and others going to jail.

Gee, I wonder if Melvin declared (to the IRS)that gift he and wife got from the Cult Members.
MAN!!! I still cannot believe they got suckered into that one too!!!

First they buy CMKX worthless stock, then they give Melvin and wife a bit of a free ride and, finally, they pay FizzleFrazzle $25 for nothing. Are they going to be dumb enough to give him more when he asks for it in connection with a class action suit against the wrong parties?

PS: Forgot about mentioning how much many must have spent going to the Las Vegas party. It's no wonder they are thought of as outright fools.
 
Posted by will on :
 
It all gets settled with one forthright and forthcoming action by the company, share structure! We have been saying that for over a year now, and the faithful have been twisting the ambiguous information wherever they find it into misleading inuendo.
Nothing from Dr D yet? He's pretty good at taking damning things and saying, "I like how they said that, fiesty of them" , "That put the SEC on notice, Maheu isn't playing games" ......
I'd like to see how he spins the hearing and the letter from JEFF to the SEC.

[ May 13, 2005, 12:00: Message edited by: will ]
 
Posted by bill1352 on :
 
now wait 1 dang minute guys...yes i mean you bashers...why would honest, hard working, god fearing cult members demand info that should be provided without question on a moments notice such as share structure. i'm ashamed of each & every one of you. & here i counted myself amongest your crowd. i'm going to have to start my own group i think. i mean if they demanded & got share structure it would burst their realityless bubble. just think of what finding out UC & the rest got rid of almost every share they ever held would do to their minds. i bet some would go into a coma like state. not to mention that it would take all the fun out of being a basher...lol
 
Posted by legaleagle on :
 
DrDiamond
Global Moderator


member is offline


Dr.D and Ron Casavant


Gender:
Posts: 995
Re: Blaming Urban
Reply #5 on: Today at 06:43am

--------------------------------------------------------------------------------
I agree.

It is amazing to me that we go into the Administrative Hearing hoping that we can stop the SEC from unjustly prosecuting our company in calling for a revocation of our registration and hopefully buy some time so we can get the filings completed and turned in. Everyone was up in arms about the SEC, DTCC, NSCC, MMs, Shorty, etc and we were pulling together to help protect our investment and our company from unjust and/or undue manipulation and harm.

We also had a long shot opportunity to have our position on the NSS heard in the Hearing, let our voice be heard, and come out with a favorable opinion from the Judge knowing that whatever happened from the Hearing, the company was still rolling forward in developing assets and shareholder value and even a revocation wouldnt stop that nor would it make the manipulators obligation to the NSS position go away.

The adversary negatively manipulates the Hearing experience, asserts expected damages from the results, focus the attention on weak points of the Hearing, creates a wall of division between the shareholders, and goes for the Jugular of our CEO and little is done to resist. I must have missed something or maybe I misread the tenacity, courage and heart of our shareholder base. This is very disappointing and in many cases shameful.

Many are saying Urbans finished, that he and Rendal are on the outs and Ed Dhonau wants nothing to do with CMKX. I say ridiculous! If this were the case then how come they are all flying together down to Ecuador to check on the mining operations and spend
3 to 4 days together? I believe some have been trying to dupe the shareholders and lead them on a lynching campaign and I believe everyone needs to stop and take a deep breath and see what these guys (Urban, Maheu, Rendal, and Ed) are doing now that the Courtroom Phase of the Hearing has ended. There are MANY RESPECTED individuals in our midst that would love to see Urban step down from all that he has worked for and that simply isnt going to happen because he doesnt need to or have to. I believe anyone that knows anything about where we are going as a company isnt expecting him to step down at all. I for one am still 110% behind Mr. Casavant, Mr. Maheu, and their efforts.

There are no hearing results only opinions? The results are not in yet because the Judge has not rendered a decision. Whats up?
(1)She wants to weigh the exhibits and info gathered from the Hearing in D.C.
(2) She is going to allow more input until 29 Jun 2005.
Additionally
(1)She doesnt take the drastic action and halt the trading
(2)The SEC doesnt push for a suspension or halt to trading
(3)The SEC meets with our attorneys the following morning of the courtroom phase to discuss other articles of info including the NSS position
(4) No charges filed against Urban or anyone else

And this is bad?

We already knew the records wouldnt be ready by the time of the Hearing, because Mr. Maheu had already told us that when the Form 15A was filed. He knew the 15A would bring us into a 60 day obligation to present the filings that we would be unable to satisfy and he openly stated that in a PR. Many hoped and speculated that Sarbanes Oxley was a main reason that the filings were being held up and even Mr. Frizzell stated that Sarbanes Oxley affects all companies and their filings including CMKM Diamonds.

Unfortunately, many thought or assumed that the records were complete and ready to go, that it was only the S.O. requirements that had Urban, Mr. Maheu, and Attorneys afraid to sign off on them. This was a bad assumption as the underlying truth that many tried to bring to the fore front was that the information was still trying to be collected so the reports could be compiled. I specifically remember replaying a similar scenario that happened with one of my companies in the past where we had to recreate records. It is extremely difficult as you have to often use very primitive means of research, rely on others [clients/employees (past and present)/suppliers/etc], their record keeping skills, their desire to cooperate, their accessibility, receipts, contracts, etc Im getting a headache just thinking about it.

The Long Version -

1. The records are not complete! No news

2. Urban thought things were covered and why shouldnt he have. Check out the conclusion of 2002 as CMKM Diamonds took over Cybermark (see beow). Urban hired Desormeau, (who was never subpoenaed to testify by either side I might add) who was CFO from 2002-2004 (Also testified to by Susan Herring in the Hearing) and should have been responsible for the accounting, but evidently did next to nothing in that area. Also you will see Wesley Casasvant had some very relative involvement at this early stage which could add to the reason for Urban exercising his right to take the 5th.

http://questfordiamonds.com/news/topic77.htm
Excerpt: Dec 3, 2002 - 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
Very Important News IMHO

3. This is the time period where the Form 15 was filed removing our reporting requirements. Why would a CFO want that to happen within the 1st year of his new job? We dont know what was told Urban, but we do know that the Desorneau System and Wesleys coordination must not be working and wasnt keeping the accounting up to speed because they forfeited a very treasured position for a company The Registration of its Securities! Why? Very important question, that needs to be looked at IMHO!


4. Urbans response to this? Wesley is gone and Desormeau is gone and in comes Roger Glenn. Why? Because he is trying to cover up things he did wrong? I dont think so! Look at late 2002 and early 2003 and you will find Urban bringing in Desormeau for the Accounting and financial coordination system and adding Wesley (Who was somewhat qualified to do this for sure) to keep the family involved. (Right or wrong, Ive done it myself. But I wanted my family as involved as possible within their ability and skills. Never outside their skill levels!).


5. What was Urban doing in the time preceding the Form 15 filing while this 45 day system was supposedly being set up?
(A) News> Casavant Mining Kimberlite International OTC BB CMKI
Chairman Announces Mineral Claim Acquisitions
Nov. 27, 2002 http://questfordiamonds.com/news/topic79.htm
(B) News> Casavant Mining Kimberlite International Announces Purchase
Bid for Latest Model Truck Mounted Drilling Rig with Diamond
Exploration Schedule
Dec 2, 2002 http://questfordiamonds.com/news/topic78.htm
(C) News> 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.
Dec. 3, 2002 http://questfordiamonds.com/news/topic77.htm
(D) News> Casavant Mining Kimberlite International Announces Letter of
Intent to Acquire Diamond Mining Company (GEMM: addition mine) and Shareholder
Meeting January 15, 2003 in Las Vegas, NV
Dec. 4, 2002 http://questfordiamonds.com/news/topic76.htm
(E) News> Casavant Mining Kimberlite International Appoints Dr. Rupert A.
L. Perrin to Board of Directors
Dec. 6, 2002 http://questfordiamonds.com/news/topic75.htm
(F) News> Casavant Mining Kimberlite International to Sponsor
Representative Office in Antwerp, Belgium to Promote the
Casavant Diamond Brand and to Support Worldwide Demand for
Conflict Free Diamonds
Dec. 9, 2002 http://questfordiamonds.com/news/topic74.htm
(G) News> Casavant Mining Kimberlite International Announces
Appointment of Cindy Casavant to the Board of Directors
Dec. 13, 2002 http://questfordiamonds.com/news/topic72.htm
(H) News> Casavant Mining Kimberlite International Commences
Negotiations With Dia Bras Exploration, Inc. of Montreal to
Acquire a Private Placement and Warrants
Dec. 16, 2002 http://questfordiamonds.com/news/topic71.htm
(I) News> Casavant Mining Kimberlite International Hires Howard Bronson
For Financial Public Relations
Dec. 22, 2002 http://questfordiamonds.com/news/topic68.htm
(J) News> Casavant Mining Kimberlite International Announces its Annual
General Meeting (Sorry I dont have the link Check with GB)
Dec. 30, 2002
Casavant Mining Kimberlite International (OTCBB:CMKI) will be holding
its annual general meeting Wednesday, January 15, 2003 at the
Sunset Station 1301 W Sunset Rd., Henderson, Nevada, beginning at
10:30 AM for the election of directors and matters pertaining to
acquisitions in addition to other business.
(K) News> Casavant Mining Kimberlite International Announces a new Hot
Line for Investor Information
Dec. 31, 2002 http://questfordiamonds.com/news/topic65.htm
(L) News> Casavant Mining Kimberlite International in Negotiations to
Acquire Zinc Mining Claims as Part of Dividend Spin-Off with Pink
Sheet Company
Jan. 6, 2003 http://questfordiamonds.com/news/topic63.htm

(Note: Majority Shareholder Meeting Announced and expectations are high going into it, but the next PR shows a problem was discovered. Naked Short Selling has been identified and they are trying to figure out what to do. IMHO)

(M) News> Casavant Mining Kimberlite International Inc. (OTCBB:CMKI) announced today a series of corporate initiatives in advance of the January 15, 2003 majority shareholder meeting to be held in Las Vegas, NV.
Jan. 7, 2003 http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_Jan_7/ai_96198036

I will provide an overview of this one:
First, CMKI is encouraging every shareholder to hold his shares in certificate form
Second, CMKI will be contacting the broker-dealer and market maker community to request their cooperation in the shareholder audit.
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".
Fourth, CMKI, as previously announced, plans on approving at its majority shareholder meeting a mandatory share and cash dividend policy.
Fifth, CMKI believes that its shareholders and the targeted company's shareholders will best benefit from a "cross-dividend" policy.
Sixth, CMKI believes that its cross-dividend policy will result in share dividends being issued in the 3Q03. The legal audit of its shareholders of record will speed up this process.
Seventh, CMKI believes that its acquisition strategy, spearheaded by the Casavant Family, will require the addition of a seasoned management team.

(N) Casavant Mining Kimberlite International Inc. (OTCBB:CMKI) announced today that effective on the opening of the markets on Wednesday, January 29, 2003 that it's new trading symbol will be "CMKM".
http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_Jan_27/ai_96931474
Jan. 28, 2003

(O) Casavant Mining Kimberlite International, Inc. (OTCBB:CMKM) announced today that it had filed a Schedule 14C with the Securities and Exchange Commission.
http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_Feb_3/ai_97184605
Feb. 3, 2003

(P) Casavant Mining Kimberlite International Inc. (OTCBB:CMKM) announced today that its time shared lease agreement of an ancient Chinese jade collection was appraised by experts and a random sampling of the overall collection was authenticated by Elizabeth Childs-Johnson.
http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_Feb_7/ai_97318609
Feb. 6, 2003

(Q) Casavant Mining Kimberlite International (OBB.CMKM) is pleased to announce it has commenced negotiations to reorganize its business, in conjunction with another Bulletin Board publicly trading company.
http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_Feb_14/ai_97608437
Feb. 14, 2003

(R) Casavant Mining Kimberlite International, Las Vegas, (OTC BB: CMKM) is pleased to announce that it is entering into discussions tomorrow in Las Vegas with representatives from Fugro Airbourne Services to plan for a systematic comprehensive aerial survey and analysis of the Fort a La Corne, Saskatchewan Diamond Claims.
http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_Feb_18/ai_97779682
Feb. 18, 2003
Exploration

(S) Casavant Mining Kimberlite International, Las Vegas, (OTC BB:CMKM) is pleased to announce that at 9 a.m. today the company signed a Canadian $956,540 (approximately U.S. $630,000) contract with Fugro Airbourne Services, Ottawa, Canada, to fly fixed-wing electromagnetic surveys from a Casa 212 aircraft utilizing GEOTEM, over the first 700,000 acres of diamond claims surrounding the De Beers diamond mine at Fort a La Corne, in Saskatchewan, Canada. Contract preparation will start immediately.
http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_Feb_20/ai_97893323
Feb. 20, 2003

(T) -- FUGRO AIRBOURNE SURVEY


The Fugro Airbourne Survey is moving ahead with Fugro's GEOTEM. This is new proven technology used successfully in Alberta which will be utilized in Saskatchewan for the first time by us. Results will be announced daily starting this coming week as we begin to survey the 700,000 acres of immediately adjacent to the De Beers Claims, of approximately 1.9 million acres, including options in total. This expenditure of $ 956,540 Canadian, along with a small amount of expenditure on drilling will keep the claims current.
http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_Feb_24/ai_98002954
Feb. 24, 2003

(U) Dr. Mark Hutchinson, Consulting Geologist for Casavant Mining Kimberlite International (OTCBB:CMKM) was interviewed on 21 February, 2003 by Tom Allinder of ************.com.
http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_Feb_25/ai_98036193
Feb. 25, 2003

(V) Casavant Mining Kimberlite International, Las Vegas (OTCBB: CMKM), has reached an agreement to the terms of an acquisition for the Snowden Kimberlite Pipe with Anglo Minerals Ltd. Claim S-133707 (Section 5, Twp 52, Rge 18, W2). This claim is one of many targeted by Casavant Mining, and Claim S-133707 is currently surrounded by Commando/Buckshot Holdings which recently was acquired by Casavant Mining Kimberlite International.
March 5, 2003 http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_March_5/ai_98373658

(W) Casavant Mining Kimberlite International, Las Vegas, (OTCBB:CMKM) is pleased to announce that: The Board of Directors of CMKM announced today the approval of a plan to spin-out Casavant International Mining Corporation, a wholly owned subsidiary of CMKM which owns zinc depositories. CMKM shall issue 1 preferred share for every 10,000 shares of CMKM for the purposes of completing the spin-out. The transaction will be completed, pending shareholder approval and SEC registration requirements.
http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_March_10/ai_98548413
March 10, 2003

(X) http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_March_31/ai_99620555
SEC FILING
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
Commission File Number 000-30551
NOTIFICATION OF LATE FILING

(Y) March 31, 2003
Casavant Mining Kimberlite International (OTCBB: CMKM) management today announced that it has terminated negotiations with Juina Mining for the proposed acquisition. It is in the best interest of the company to focus all of the operational and financial resources on the Fort a la Corne claims in Canada at the present time. In the future, if both companies have a mutual interest, negotiations may resume.

(Z) http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_April_1/ai_99463232
April 1, 2003
The board of directors of Juina Mining Corp. (OTC Pink Sheets: GEMM), announced today they have halted all negotiations, and null and voided all agreements, with Casavant Mining Kimberlite International (OTCBB: CMKM). The decision was reached by mutual consent of all parties, and was deemed to be in the best interests of the company, and as well stated in a most recent press release by Casavant Mining Kimberlite International.

(AA) http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_April_1/ai_99471709
April 1, 2003
Casavant Mining Kimberlite International, Las Vegas (OTCBB: CMKM) management today announced that it has terminated negotiations with Dia Bras Exploration Inc.

(BB) http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_April_7/ai_99735835

April 7, 2003
Casavant Mining Kimberlite International, Las Vegas (OTCBB:CMKM), management today announced that it has cancelled the acquisition of the ancient Chinese jade collection as previously stated in CMKM's 14c, which stated on Dec. 30, 2002, the company acquired $50 million dollars worth of ancient Chinese jade for 500 million shares of common stocks of the corporation. The cancellation was reached by mutual agreement by both parties.

(CC) http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_April_17/ai_100189778
April 17, 2003
Casavant Mining Kimberlite International (OTCBB:CMKM) on April 14, 2003 held a Board of Directors Meeting at 1489 Warm Springs in Las Vegas, Nevada and is pleased to announce the appointment of Corey Klassen as Executive Vice President.

(DD) http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_April_21/ai_100402143
April 21, 2003
Casavant Mining Kimberlite International, Las Vegas (OTCBB:CMKM), management is pleased to announce that an exploration program aimed at identifying kimberlite targets on CMKM's mineral claims at Fort a la Corne, Saskatchewan has now been established.

(EE) MAY JUNE 2003 No PRs

(FF) July 17, 2003 SEC FILING
United States
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 15
CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
Commission File Number 000-30551
Casavant Mining Kimberlite International, Inc.
(Exact name of registrant as specified in its charter)

(GG) http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_July_23/ai_105730755
July 23, 2003
Urban Casavant is pleased to announce that Casavant Mining Kimberlite International (OTC: CMKM) has approved a drilling permit application for the Fort a La Corne claims.
The approval of the drilling permit application by the board is a major step forward for the company.

------------------------------------------------------------------------------------------------------------
I believe you get the idea that Urban Casavant was not sitting back playing tiddly winks in the months preceding the decision to file the Form 15. One of the only reasons at this point to file the Form 15, IMHO is if the boys in the Office (DeSorneau and Wesley Casavant) are not keeping up with the records of the work that Urban has been doing as you can clearly see above. I believe the Desorneau 45 day wonder program had difficulties and problems being implemented and the CFO (DeSorneau) didnt put forth the effort to build the ledgers, reports, and collect pertinent data the old fashioned way. JMHO

This was a team effort and Urban was building shareholder value and exploring the assets potential and bringing in a team for management. I believe that the unveiling of the subsequent breakdown in the DeSorneau System and the implementation of Sarbanes Oxley had most all of out new additions to the Board heading for the door. JMHO. It appears they all ran, but Urban Casavant! Does that make him bad? No way. I say thank you Urban, or we wouldnt have had a chance at this opportunity that is in our midst right now.

Urban has spent a lot of time and money trying to get this done! I believe if you follow the PRs youll see the whole story especially the Form 14C. Phoenix Gold has information that he has gathered that ties in the Form 14C and hopefully someone has a link to it or he will post it soon. I have checked out the info and it is very accurate. Very interesting as well.

I believe Urban was following the advice of the professionals he had hired to do a job and I believe they were possibly trying to do a job on him, like many apparently still seem to be trying to do today. A great question PhnxGold asks is who benefits if Urban defaults or folds? The answers are there!


The above posts are just my opinion and I ask that you treat them as such.

Go Urban and Maheu.

By the way. If Ed, Rendal and Urban were having such terrible relationship issues and the hearing went so bad, why are they traveling to Ecuador together for 3 or 4 days. Doesn't sound like anyone is trying to distance themselves from the other one in this tight knit group. Think about it. JMHO

Thank you and success is at hand.

Dr.D
 
Posted by Ric on :
 
lol bill, I wouldn't have mentioned it if I thought they would do it. They love being in the dark. It helps them sleep at night knowing they can dream up a better reality. I said it once before, UC could put out a PR today saying he conned everyone out of there money and cmkx was nothing but a scam. And the cult would say the SEC put him up to it so they could hide the NS and not destroy the market. It is like this letter, stating long sell and they reading it as saying short. Its so reinforced on there brain that its all the see. Reality left a long time ago and fantasy is all thats left.
 
Posted by bill1352 on :
 
legel...the next time Will asks to see dr. d's opinion please just smack him for us ok? i'm sure the rest of us will back you up on that...lol
 
Posted by Ric on :
 
I was just thinking the same thing bill, lol.
 
Posted by Upside on :
 
Anyone care to dissect Dr. D's p/r's one at a time? Take a look at p/r "B". What the heck happened to that drilling rig in 2-1/2 short years? Man, they sure must have beat the hell out of it.
 
Posted by will on :
 
quote:
Originally posted by bill1352:
legel...the next time Will asks to see dr. d's opinion please just smack him for us ok? i'm sure the rest of us will back you up on that...lol

posted May 13, 2005 13:52
--------------------------------------------------------------------------------
I was just thinking the same thing bill, lol.

OK you two monkeys. I think the guy is nuts, but man, can he take and give reality a bend with inuendo and inference. Read that stuff, you both wish you could argue that good. He is elequent in leaving enough out there to make the faithful hang on his every word as dogma and truth.
Yea, he's full of it, but he sure does keep them hooked. He could double talk the shoes off of either one of yas.
Masterful nonsense, but masterful none-the-less.

Besides, now Wallace has something to do. I wouldn't want the poor old guy moping around with no one but his wife to argue with.
 
Posted by bill1352 on :
 
i'll start & be short & simple...lol


I believe you get the idea that Urban Casavant was not sitting back playing tiddly winks in the months preceding the decision to file the Form 15. One of the only reasons at this point to file the Form 15, IMHO is if the boys in the Office (DeSorneau and Wesley Casavant) are not keeping up with the records of the work that Urban has been doing as you can clearly see above. I believe the Desorneau 45 day wonder program had difficulties and problems being implemented and the CFO (DeSorneau) didnt put forth the effort to build the ledgers, reports, and collect pertinent data the old fashioned way. JMHO

==============================================
answer: pick up the phone & call the t/a. since she testified they were over 300 six months prior to the form 15. in fact i'd put that in the no-brainer catagory. since nobody did such a obvious & simple task first one would think SCAM.
===================================================

This was a team effort and Urban was building shareholder value and exploring the assets potential and bringing in a team for management. I believe that the unveiling of the subsequent breakdown in the DeSorneau System and the implementation of Sarbanes Oxley had most all of out new additions to the Board heading for the door. JMHO. It appears they all ran, but Urban Casavant! Does that make him bad? No way. I say thank you Urban, or we wouldnt have had a chance at this opportunity that is in our midst right now.
=============================================


hmmmmm i wonder if every company had a run on board members when that act went into place??? i'm leaning towards NOT!!!!!!! i do agree with the thanks UC...where else can we have such fun bashing.
 
Posted by ed19363 on :
 
More garbage and old posts.
DrD has long ago overdosed on Koolaid.
He is another one who only knows how to say IMO, no useful info, just IMO.

COME ON UC, MAKE MY DAY !!!! FILE !!
PR!!! FIND A DIAMOND !!!!
DO SOMETHING !!!!!!!!!!!!!!!
 
Posted by Wallace#1 on :
 
Just a few things out of legal's repost of DrD's.

(I) News> Casavant Mining Kimberlite International Hires Howard Bronson
For Financial Public Relations

RESP: I remember this one. LMAO! Originally announced as Charles Bronson.
---------------
Fourth, CMKI, as previously announced, plans on approving at its majority shareholder meeting a mandatory share and cash dividend policy.

RESP: Squashed that one rather quickly, huh. Guess UC wanted all the cash for himself!
---------------
Seventh, CMKI believes that its acquisition strategy, spearheaded by the Casavant Family, will require the addition of a seasoned management team

RESP: Sure enough! LMAO All that's left of that "seasoned management team" is UC and he's about to get salted, peppered and roasted.
---------------
(W) Casavant Mining Kimberlite International, Las Vegas, (OTCBB:CMKM) is pleased to announce that: The Board of Directors of CMKM announced today the approval of a plan to spin-out Casavant International Mining Corporation, a wholly owned subsidiary of CMKM which owns zinc depositories. CMKM shall issue 1 preferred share for every 10,000 shares of CMKM for the purposes of completing the spin-out. The transaction will be completed, pending shareholder approval and SEC registration requirements.
http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_March_10/ai_98548413
March 10, 2003

RESP: That one existing Pfd Stock was 100%cancelled. What the hell is this one? Does it still exist? Is this Pfd Stock how they are getting away with not having public shareholders vote at meetings?
---------------

April 7, 2003
Casavant Mining Kimberlite International, Las Vegas (OTCBB:CMKM), management today announced that it has cancelled the acquisition of the ancient Chinese jade collection as previously stated in CMKM's 14c, which stated on Dec. 30, 2002, the company acquired $50 million dollars worth of ancient Chinese jade for 500 million shares of common stocks of the corporation. The cancellation was reached by mutual agreement by both parties.

RESP: And didn't the Hearings indicate that this was never entirely cancelled?
---------------
April 17, 2003
Casavant Mining Kimberlite International (OTCBB:CMKM) on April 14, 2003 held a Board of Directors Meeting at 1489 Warm Springs in Las Vegas, Nevada and is pleased to announce the appointment of Corey Klassen as Executive Vice President.

RESP: Who was this guy? What ever happened to him? Is it the same guy associated with Foursquare Gospel Church of Canada YOUTH MINISTRY--Corey Klassen,Coordinator?

Is that why all those Christian Trader extremists are involved?
---------------
By the way. If Ed, Rendal and Urban were having such terrible relationship issues and the hearing went so bad, why are they traveling to Ecuador together for 3 or 4 days. Doesn't sound like anyone is trying to distance themselves from the other one in this tight knit group. Think about it. JMHO

RESP: Like I always said, "Birds of a feather flock together"! Another thought is that maybe they are getting UC out of this country and into one where they can pound the schit out of him and not suffer legal consequences.

Bear in mind, one can easily rip DrD's entire post into shreds. It just takes too much effort.
 
Posted by legaleagle on :
 
Phxgold Theory (Very good)


PHXGOLD thoughts/DD

http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=213865

Long winded explaination of some dd part 1.

After a conversation yesterdaythat showed me my thinking on "the sellers" in the 14c and their holdings was flawed, I was forced to dig deeper. This is what I came up with:

"The Sellers", as referred to in the 14c are people that UC owed money. They loaned him the money that UC used to stake the claims, is what I gather. I do not believe they knew where the money was going. UC then went into default on the payments. The CMKI shell was bought and UC allowed the sellers to come in under forbearance agreements meaning they bought a 4.9% stake in the company for 2 million (dollars) a piece.
For all of the forbearance agreements it was a total of 85.8% of CMKI. We all know this. Now thinking logically one would deduce that as the a/s increased the sellers would have their shares increase to maintain their percentage of holdings, I mean who in their right mind would vote to dilute their stake in a company?

Well here is where it gets interesting. Who in their right mind would settle for 4.9% of very valuable diamond claims when they can have the whole enchelada?
How you ask, since it specifically states that the sellers were bound under a share pooling agreement and couldnt just vote to boot UC out? Heres how. In document 4 of the 14c subsection 8.3, under bankruptsy and recievership, if the company goes bankrupt, or any of its assets are placed in recievership, (heaven forbid uc does anything that could wind him up in jail) the sellers get the claims. Uh oh here we go now.

So the sellers vote to increase the a/s, thus diluting their ownership, but also devaluing the shares on the market. They hook up with an MM and a "hedgie", then they short CMKX against their own holdings which are unregistered, BTW. So it would have to be done in such a way it dosen't hit the tape. Hmmmm how do you do that? lol (RE: Jeffries Letter)

Ok, as they're shorting their own shares and driving the price down, they also buy on the open market regaining majority control. Once that control is regained they vote to increase the a/s again and it continues. And there is nothing UC can do about it. He only holds 8.3%. A good way to verify this, (may have been what was happening), is to look at the Articles of Ammendment, in the 8k recently filed. in Feb.

Majority ownership was 51%. IN MARCH AFTER AN INCREASE THAT WOULD HAVE DILUTED MAJ OWNERSHIP THERE WAS ANOTHER VOTE WITH 56% MAJ OWNERSHIP.

Ok so in March 2004 Cmkxtreme, UC's private company invested into CSII who had just bought Deleeuw and Associates. Deleeuw and Associates tracks money laundering and works in Patriot Act stuff, and securities tracking. LET THE GAMES BEGIN

http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=213866

Long winded explaination of dd part 2

So the O/S is no 500billion. And we know that the sellers held at least 51% at that time. There was a meeting in Canada, and UC came back from that, and ammended the Articles of Incorporation to increase the a/s to 800b. But note that document was the only A/S increase not voted on by majority shareholders. So I looked into the rules on the Nevada SOS site. In the rules it states that amendments must be voted in by maj shareholder vote,unless included in the amendment that it would not be, and was decided on by the entire BOD. Now when did Desormeau get the boot?

S now we have an A/S of 800b. Think back to UC's 8.3% in escrow. 5% of that is 5% beneficial owner under royaltie stipulated in the 14c. So 8.3% of 703b is 60b add that to 300b makes 360b. Which just so happens to be majority ownership. I believe that is why we arent seeing any share retirement and UC was saying he was buying every share he could get his hands on. He wasn't lying, IMO, he just cannot retire and give up his newly regained 51%.

Also I was wondering why all of the claims were migrating to the 025 Sask Ltd company out of all the other companies. It's simple, the 025 company isnt in the 14c. So even if something happened to UC, or the company went #### up, the Sellers dont get jack.

Now to the naked short. If the sellers were shorting against their own shares, those shares were unregistered. So they would need to be part of the hedgie they were utilizing, so they would be essentially selling to themselves.

Now if it looked like the company was dumping, which it would to the MMs, it would become a feeding frenzy and they would short the heck out of it thinking they could cover if need be.

But there is now way they could, because the only real shares were being recycled from seller to seller thru hedgie. So the NSS are real, and that means all of them.

Now UC holds 51%, and the sellers cannot increase the A/S in order to cover their short position thru the hedge fund. And their shares cannot be registerred as UC wont sign off on them to let them cover their short position with them. They're stuck. and the Market Makers are stuck with the NSS.

That would make sense of all the bashers sure, there are disgruntled shareholders, but there are paid bashers. Both sent by the Sellers and the MMs. See who is now in competition to cover their position? That's right, the MMs and the sellers who tried to burn UC. Isnt it funny that the only thing holding us back from making this happen is the financials that Desormeau has. Remember that cmkx has filed taxes, and Desormeau was CFO, so he has them. Why would he be holding out on handing them over? Because if and when we file its all over. The Sellers are ruined and will probably go to prison and the MMs will be their biggest competition for shares.

Wanna see someone squirm? Order your certs. Not all, but if we do have 60,000 shareholders and everyone ordered 10mill in certs, this thing would be primed for takeoff. All JMO, but I can't find a question that isnt answered easily by this scenario. So whatcha think?
~Phx
 
Posted by legaleagle on :
 
URBAN CASAVANT, INDIVIDUALLY AND AS AGENT FOR, FORT A LA CORNE DIAMOND FIELDS INC., BUCKSHOT HOLDINGS, LTD. ("Buckshot"), COMMANDO HOLDINGS LTD. ("Commando"), 101010307 SASKATCHEWAN LTD. ("Sask 307"), 101012190 SASKATCHEWAN LTD. ("Sask 190"), 101027101 SASKATCHEWAN LTD. ("Sask 101") and MORGAIN MINERALS, INC. ("MMI"), subject to option, (being hereinafter collectively referred to as the "Seller" as the context so requires);
 
Posted by legaleagle on :
 
ladydi
Diamondologist


member is online


Phx you are a DD master.

Your commitment to research in CMKX and JV's is beyond comprehension to me.

I have said before and I will say it again... IMO Urban took the 5th and will continue to take the 5th until his company and shareholders are o.k. and a deal is struck for all the wrongdoing and manipulation. He will not say a word until then.

I would do EXACTLY the same thing. We whine we don't know anything.. well folks neither do our adversaries and IMO we have many, including a corrupt financial system.

The potential value of this company breeds greed and corruption. IMO UC has done an amazing job staying in the game and for this I thank him.

Ed Dhonue said it best, any other CEO I know would have walked away by now.

If that doesnt mean something to people who are in doubt, consider it.

Thanks again Phx and for whomever brought the post over to PB.

Di
 
Posted by Ric on :
 
I check out a lot of places for information. I know where Dr. D posts. And I remember why I never go and read them too. Man what a blow hard. I don't think theres boots big enough to wade through his load of chit.
 
Posted by legaleagle on :
 
By: abadgoodgirl
13 May 2005, 01:26 PM EDT
Msg. 946687 of 946709
Jump to msg. #
From Jeffries letter:


In March of 2004, two broker-dealer [MMs] customers of Jeffries approached the firm requesting that transactions in CMKX be settled on an Ex-Clearing basis. These broker dealers [MMs] customers were long sellers of CMKX.

The reason for their request was economics; because CMKX traded in such large volumes and at such a low price, NSCC required a significant deposit for long sellers of the security to ensure settlement.


well, well, well, looks like it was a naked short sale "disguised" as a long seller. Otherwise, no "enormous deposit would have been required by the NSCC".
 
Posted by legaleagle on :
 
For those who think they have a pretty good handle. YOU REALLY DON'T KNOW......

http://www.barry.fireflyinternet.co.uk/JackSchitt/Jack_Schit.htm
 
Posted by will on :
 
See Ric, bill how good Dr. D's stuff is compared to this drunk, Phxgold. At least you can understand Dr D, this goof had more twists and turns then the Pennsylvania Turnpike. If you can follow that guys crap, god bless ya!
This goof can complicate a toothpik.
 
Posted by Ric on :
 
Finally, legal post something worth a schitt.

quote:
Originally posted by legaleagle:
For those who think they have a pretty good handle. YOU REALLY DON'T KNOW......

http://www.barry.fireflyinternet.co.uk/JackSchitt/Jack_Schit.htm


 
Posted by legaleagle on :
 
quote:
Originally posted by will:
See Ric, bill how good Dr. D's stuff is compared to this drunk, Phxgold. At least you can understand Dr D, this goof had more twists and turns then the Pennsylvania Turnpike. If you can follow that guys crap, god bless ya!
This goof can complicate a toothpik.

WILL, WHY DON'T YOU LOOK HIM UP AT THE JOLIET RACE THIS YEAR. I'M SURE HE WOULD LOOOOOOOOVE TO MEET YOU.

 -
 
Posted by legaleagle on :
 
*******CMKX PR *******


CMKM Diamonds Discloses Drilling Report
5/13/2005 4:38:01 PM


LAS VEGAS, May 13, 2005 (BUSINESS WIRE) -- CMKM Diamonds Inc. (Pink Sheets: CMKX) today announced receipt of a drilling report prepared by William Jarvis on the Fort a la Corne Diamond Project.


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The drilling report was commissioned for CMKX by 101047025 Saskatchewan Ltd. Jarvis was asked to report on and make recommendations for the kimberlite exploration program. The scope of work completed included:

-- a review of the geological setting as it relates to kimberlite and diamond exploration;

-- an examination of the geological and geophysical data provided by the company;

-- a review of published geological reports and maps; and

-- a visit to the area of the concession.

"We are pleased with the results of Mr. Jarvis' report and are now moving toward commencing further drilling as we move into our summer drilling program," stated Urban Casavant, president of CMKX.

A copy of Jarvis' report will be filed as an exhibit to a Form 8-K and will be available through the SEC's Web site (www.sec.gov).

CMKX reminds its stockholders and the investing public that all corporate updates will be made solely through press releases and/or current reports on Form 8-K as and 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. 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: actual or perceived benefits of the Jarvis report; any findings or recommendations contained in the report; uncertain regulatory scrutiny; the current state of CMKX's operations; unavailability of documentation and corporate records; benefits of the to be commenced summer drilling program; the ability to rebuild financial records; timing necessary to comply with reporting requirements; lack of adequate internal controls; unforeseen capital deficiencies; 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


Copyright Business Wire 2005
 
Posted by Upside on :
 
Originally posted by Legaleagle:
quote:
WILL, WHY DON'T YOU LOOK HIM UP AT THE JOLIET RACE THIS YEAR. I'M SURE HE WOULD LOOOOOOOOVE TO MEET YOU.
Will, I hope your fast.
 
Posted by Ric on :
 
Thats Dr. D. roflmao
 
Posted by Bigrod40 on :
 
http://www.stockhouse.com/news/news.asp?newsid=2768787&tick=CMKX

This is geology talk, should have nothing to do with a Press Release. Come on Urban!! Iron Bob should be kicking you square in the "NADS" for releasing something so F'en vague.
 
Posted by legaleagle on :
 
quote:
Originally posted by Bigrod40:
http://www.stockhouse.com/news/news.asp?newsid=2768787&tick=CMKX

This is geology talk, should have nothing to do with a Press Release. Come on Urban!! Iron Bob should be kicking you squre in the "NADS" for releasing something so F'en vague.

DID YOU ALL NOTICE THE REPORT IS COMING OUT AS AN "EXHIBIT" TO AN 8K FILING. STAND BY
 
Posted by legaleagle on :
 
GUESS CARQUEST44 RINGS UP ANOTHER ONE:

carquest44
11 May 2005, 05:24 PM EDT
Msg. 942933 of 947106
Jump to msg. #
Stay the course,
Our long journey is almost over and the true longs will be rewarded imo. As I said before we will win. I have not and will not waver in my belief of CMKX's success. If you do not believe we have won this first battle, you are mistaken! Check the last couple times I posted, news followed directly or shortly there after.GLTA
 
Posted by bill1352 on :
 
i think your right Will. who ever wrote that has missed a few days of his anti-psychotic drugs. that was almost painful to read. but then it reminded me of the good old days when valuation theories were all the rage, when 10 X 10 = 40 billion.
 
Posted by legaleagle on :
 
THE .........025 SASK LTD IS ABOUT 1 MILLION ACRES NEAR SHORE GOLD. SHOULD BE GOOD.

MMs,HEDGIES,BASHERS: "RUT ROH"
 
Posted by ed19363 on :
 
Holy Crap !!!!!!! They actually PRed something.
 
Posted by bill1352 on :
 
may i ask how that helps the current situation? from all reports the judge has almost no choice but revoke cmkx. unless cmkx can somehow file by the end of june. and will this be a real report? i've posted many times if UC spent more time exploring & keeping on top of a public company & less printing shares, going to races & worrying about a NS chances are there would be no SEC involved with cmkx.
 
Posted by ed19363 on :
 
quote:
Originally posted by will:
See Ric, bill how good Dr. D's stuff is compared to this drunk, Phxgold. At least you can understand Dr D, this goof had more twists and turns then the Pennsylvania Turnpike. If you can follow that guys crap, god bless ya!
This goof can complicate a toothpik.

As a longtime Pennsylvanian, I object to the tone of that remark !!!! I thought our turnpike was kinda straight....
 
Posted by thebilder on :
 
Funny stuff Legal. I hope you are right I still have a small stake in this and I intend to hold for the long term.
 
Posted by bill1352 on :
 
i wonder if this is the William Jarvis that died April 9th 2005 as published in the Mining Gazzette. the link wont copy or work for that matter. only a portion of the article can be seen.
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
may i ask how that helps the current situation? from all reports the judge has almost no choice but revoke cmkx. unless cmkx can somehow file by the end of june. and will this be a real report? i've posted many times if UC spent more time exploring & keeping on top of a public company & less printing shares, going to races & worrying about a NS chances are there would be no SEC involved with cmkx.

WHAT REPORTS WERE THOSE BILL? RIC, WALLACE AND DOC'S ??????

DID ANYONE NOTICE THAT THE JUDGE DIDN'T IMMEDIATELY SUSPEND, REVOKE OR HALT CMKX? DID ANYONE NOTICE THAT THE SEC DIDN'T REQUEST THOSE THINGS?

DID ANYONE NOTICE THAT THE JUDGE HAS LEFT THE DOOR OPEN FOR ADDITIONAL EXHIBITS, INCLUDING FILINGS AND NSS PROOFS?

DID ANYONE NOTICE THAT THERE WAS A MEETING CALLED BY THE SEC AFTER THE HEARING? WHAT WAS THAT ABOOUT? THINK THEY WERE MAKING ARRANCEMENTS FOR URBAN TO SURRENDER TO FEDERAL MARSHALLS?
 
Posted by Ric on :
 
Read the updated legal disclaimer. Why list all the reason they could go out of business but not once mention NS. Could it be that the frizzlefrazzle group are the only believers?

CMKX's actual results could differ materially from such forward-looking statements because of factors such as: actual or perceived benefits of the Jarvis report; any findings or recommendations contained in the report; uncertain regulatory scrutiny; the current state of CMKX's operations; unavailability of documentation and corporate records; benefits of the to be commenced summer drilling program; the ability to rebuild financial records; timing necessary to comply with reporting requirements; lack of adequate internal controls; unforeseen capital deficiencies; 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.
 
Posted by Ric on :
 
Did you notice they stressed the fact of not having records twice. And the fact they can't raise A/S right now, lol, and sell more shares they say Unforeseen capital deficiencies.
 
Posted by bill1352 on :
 
just what i'm saying...it seems to me the judge could have done just that. i would guess that the OG had some bearing on that not happening. it gave UC time to get his act together & file, even an unaudited filing would probably please the judge. pinks file unaudited 10Q's all the time, they just state as such near the begining & then a section further on. if cmkx does this by the end of june the judge, because of the OG may just let it continue. of course there is the matter of a 703 billion o/s to reduce but it would still trade.
 
Posted by Ric on :
 
To be honest bill, I think the only way to save the company is to get rid of UC. THe shareholder should vote in a new board. Show the Judge the stockholders will get the company back in line with time if given the chance. State the obvious, file what they can and actually drill something. I mean most will have to take a hit. Probably a 7000:1 r/s and do something with the company instead of sell shares. The Judge would then maybe give a 12 month suspension instead of revoking.

I think those losed records disappeared for a reason and there is no way they can file at this point. I really think all this is UC's way of keeping the shareholders from sueing him and staying out of jail. I think the Judge did give time for the company to file and save itself. Just with all UC has done I don't see it now.
 
Posted by bill1352 on :
 
i just opened one that i didn't have to scroll to read...it looks like its a report on where is the best place to drill holes & has nothing to do with any holes already drilled. its a report on data not core samples.
 
Posted by bill1352 on :
 
i agree completely Ric. UC has to go. he has proven he has no business running a public company & facts sure lean towards he was using it has a scam. let him buy shares like the rest of the cult if he beieves in it so much & before the massive r/s if it stays running.
 
Posted by will on :
 
Is this the guy who quit his job the following Monday after meeting Urban?
If it is I sure would like to meet him. If it is that nut I would love to look him in the eyes to see what crazy really is. This guy went over the edge, and is never coming back.
I did meet that topo gigio guy, and believe me, he was a piece of work. Another bad breath oldman named George that was a sworn disciple, with bullchit dripping from his lips. But this guy would be a real treat.
I encourage anyone that hasn't been to a race to meet this flock of queer ducks, go, it is an experience you will never forget. Regret, maybe, forget, never.

quote:
Originally posted by legaleagle:
quote:
Originally posted by will:
See Ric, bill how good Dr. D's stuff is compared to this drunk, Phxgold. At least you can understand Dr D, this goof had more twists and turns then the Pennsylvania Turnpike. If you can follow that guys crap, god bless ya!
This goof can complicate a toothpik.

WILL, WHY DON'T YOU LOOK HIM UP AT THE JOLIET RACE THIS YEAR. I'M SURE HE WOULD LOOOOOOOOVE TO MEET YOU.

 -


 
Posted by glassman on :
 
what a waste of internet space....

you gotta actually look inside a church to find more faith......
 
Posted by Ktrain420 on :
 
LOL
 
Posted by will on :
 
C'mon legal, was that necessary? We saw it now edit it down to a ---> .
 
Posted by Wallace#1 on :
 
Hey, guys, wasn't there someone named Jarvis involved with some of CMKX's predecessor companies....or maybe UCAD/USCA?
---------------
Upside inquired about the following:

B) News> Casavant Mining Kimberlite International Announces Purchase
Bid for Latest Model Truck Mounted Drilling Rig with Diamond
Exploration Schedule

Please note, Up, that the above does not state they got the equipment. Just that they placed a "Purchase Bid", not that they got it. Typical deception. Place a "Purchase Bid" of $1.00 on equipment worth $thousands or $hundreds of thousands. Leaves a truthful PR, doesn't it, huh?
---------------
Will said:

"Besides, now Wallace has something to do. I wouldn't want the poor old guy moping around with no one but his wife to argue with."

Yo mama!!!
---------------
legal wrote:

DID ANYONE NOTICE THAT THE JUDGE HAS LEFT THE DOOR OPEN FOR ADDITIONAL EXHIBITS, INCLUDING FILINGS AND NSS PROOFS?

I sure hope so, legal. I also hope they were on the 25th floor and that "open door" led directly to the outside air....no steps, stairs or elevator. A better solution than an "open door" to a prison cell.
 
Posted by glassman on :
 
did they issue a share structure or not? i ain't wading thru all the BS to find it...
 
Posted by will on :
 
Don't make me start calling you Shakeman agian, Wallace.
 
Posted by glassman on :
 
quote:
Originally posted by glassman:
did they issue a share structure or not? i ain't wading thru all the BS to find it...

so i take it they didn't... sheesh...
 
Posted by Bigrod40 on :
 
Some DD on Bill Jarvis, hopefully this helps.

I know we always hear about all these famous/powerful people, that CMKM Diamonds bring on board and Bill Jarvis is, or could be, just another diamond on Urban's wrist watch.
Bill Jarvis is one of the most respected diamond consultants in the world.
Jarvis has worked extensively in diamond exploration for such companies as DeBeers, Lytton Minerals, Mountain Province, Band-Ore Resources, TNK Resources and now CMKM Diamonds.
For the life of me I cant figure out why such prominent people are getting involved with CMkX.
If Urban and Friends have the goods and have known this since last years Diamondiferous PR, they deserve the award for "BEST KEPT SECRET OF THE CENTURY".
 
Posted by glassman on :
 
"BEST KEPT SECRET OF THE CENTURY"

you can say that again....
 
Posted by Wallace#1 on :
 
Glass,

NO NO NO

Re that PR about the Jarvis report, note that they left out any mention of his qualifications. One would think that would be of primary interest and importance when making such a release.

PS: Thanks Bigrod.
 
Posted by glassman on :
 
how did this hearing end without a share structure?

anybody who trades in stock without... awww heck never mind....
 
Posted by Ric on :
 
UC took the fifth and MAhue didn't know anything. And no one knew where the records were. What share structure? They sold them, why worry about records or how many they sold or who knew what. As long as they have money to race next week.
 
Posted by glassman on :
 
yeah, that's what i thought...

and people are still pumping this as an investment?

gonna be hard to prove a NS if you cna't even prove how many shares you sold outa the treasury ain't it..
they had to to the dividends just to find out how many shares they did sell LOL
 
Posted by Ric on :
 
You want to know share structure. Here it is. Besides the 600 million UC locked up. The rest is probably float and UC doesn't want anyone to know that. Were else did the money come from they already stated they had no 2004 mining expenses. Sell, sell, sell. lets all go to the races. Isn't it funny that UC is at almost ever race and Mahue knows nothing so who is running the printing presses.


"W) Casavant Mining Kimberlite International, Las Vegas, (OTCBB:CMKM) is pleased to announce that: The Board of Directors of CMKM announced today the approval of a plan to spin-out Casavant International Mining Corporation, a wholly owned subsidiary of CMKM which owns zinc depositories. CMKM shall issue 1 preferred share for every 10,000 shares of CMKM for the purposes of completing the spin-out. The transaction will be completed, pending shareholder approval and SEC registration requirements.
http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_March_10/ai_98548413
March 10, 2003"
 
Posted by will on :
 
"yeah, that's what i thought...

and people are still pumping this as an investment?"

....and you were the one that said don't kick 'em while there down. Trouble is they don't know down, nor will they ever admit this is a total loss. They won't even have benefit of learning form it.
 
Posted by glassman on :
 
i notice they all quieted down when i asked about share structure...
do they even know what the OS is?

somebody had to authorise selling all those shares...

i can't believe there isn't a crime here, as opposed to a civil SEC violation...
 
Posted by Upside on :
 
originally posted by glassman:
quote:
anybody who trades in stock without... awww heck never mind....
Now that's funny!
 
Posted by legaleagle on :
 
APPARENTLY MANAGEMENT SEES THE EXTENT OF OUR HOLDINGS AS A WASTE OF VALUABLE SPACE. BUT CONSIDERS INANE RAMBLINGS TO BE VALUABLE. HMMMM
 
Posted by Wallace#1 on :
 
Last we heard, glass, was from Urban Grabyourpants and I think it was 779 billion.
 
Posted by bill1352 on :
 
glass they announced the o/s a few weeks ago...703 billion...yes that is with a "B". you know our man UC, he runs with the big boys. he wouldn't mess with no chicken chit company with only millions of shares. he like to impress folks. he can honestly say his company has billions in it & as long as he doesn't mention its shares they are impressed & he isn't lying. sort of like diamondferious & we have a drill rig & are drilling holes. like that mt St. helens comment. of course the word diamond was never used, little did we know he meant the printing press splitting out shares looked like mt. st. helens erupting.
 
Posted by Ktrain420 on :
 
BEAT UM AND BASH UM.........bill i think im gonna buy you that CMKX T-shirt off Ebay ....PM me your address and i'll buy it for ya........
 
Posted by Wallace#1 on :
 
"BUT CONSIDERS INANE RAMBLINGS TO BE VALUABLE."

Aren't you the one, legal, who reposts all those "INANE RAMBLINGS" of others? Stones vs Glass Houses, you know.
 
Posted by will on :
 
Get him the thong panties too Kman.
 
Posted by Ktrain420 on :
 
not sure if ya would wear the thong's.......maybe a T-back??
 
Posted by bill1352 on :
 
and Ric while i'm at it, you need to get your facts straight. we can't have bashers posting lies in here. we start looking like the cult. you say UC locked up 600 million shares. well we all know he gave 40 billion to NM for a piece of their claims & because of that he did not get any divys. so he had to have more then 600 million....hmmm signed a paper locking up his shares for 3 yrs yet gave away all of his shares. opps might be another violation there....lol
 
Posted by Wallace#1 on :
 
Just be careful, K, and don't buy too many of those thong panties. UC uses them for earmuffs and doesn't want them completely sold out for next winter.

PS: I got that from an inside source....legal told me.
 
Posted by bill1352 on :
 
thanks K...i have 1 ordered..lol
 
Posted by Ktrain420 on :
 
LOL
 
Posted by bill1352 on :
 
hmmmmm no thong panties here...Will might but i'll pass...lol
 
Posted by will on :
 
My thongs are in the mail. I told Wallace I'd show up at his door dressed only in my CMKX thong!
 
Posted by Wallace#1 on :
 
And I got the rock salt ready and all loaded!

I'll show that idiot how to whoop and holler!
 
Posted by bill1352 on :
 
hey wallace that last post by Will cancels my road trip with them...lol i told em i dont want to see any of them in any state of undress, my eyes are bad enough...lol
 
Posted by Wallace#1 on :
 
bill, you wrote: "...i told em i dont want to see any of them in any state of undress,..."

And also tell "em" to stay out of my "state"!!!

Remember, there are some very weird people living in NJ. He should fit right in. Better yet, send him to SF.
 
Posted by bill1352 on :
 
awwww now wallace i've seen you called a cranky old man but i didn't believe it...are you trying to prove them right???...lol
 
Posted by Ric on :
 
I could at least take my glasses off. Blind as a bat without them. Because no way do I want to see a hairy butt in a thong.
 
Posted by legaleagle on :
 
quote:
Originally posted by Bigrod40:
Some DD on Bill Jarvis, hopefully this helps.

I know we always hear about all these famous/powerful people, that CMKM Diamonds bring on board and Bill Jarvis is, or could be, just another diamond on Urban's wrist watch.
Bill Jarvis is one of the most respected diamond consultants in the world.
Jarvis has worked extensively in diamond exploration for such companies as DeBeers, Lytton Minerals, Mountain Province, Band-Ore Resources, TNK Resources and now CMKM Diamonds.
For the life of me I cant figure out why such prominent people are getting involved with CMkX.
If Urban and Friends have the goods and have known this since last years Diamondiferous PR, they deserve the award for "BEST KEPT SECRET OF THE CENTURY".

IMO YOU ARE LOOKING AT THE NEXT CMKX PRESIDENT. WATCH FOR PR
 
Posted by will on :
 
"And also tell "em" to stay out of my "state"!!!"

I sorta like to meet your Xgovernor, especially all dressed up in my CMKX thong.
By the way, I wanna shake when I get there, put some malt in it too.
 
Posted by bill1352 on :
 
naw..can't take will to sf...he has a wife, kids & grandbaby's. he would fit in so well they would never hear from him again...lol
 
Posted by Wallace#1 on :
 
Don't get me "cranked" up, bud. I'll bash you!
 
Posted by Wallace#1 on :
 
Will, the only shake you will get is that little one you do with that little thing in your thong. LMAO

Oh, great!!! I got the top of the page too!!!
NOW HEAR THIS!! NOW HEAR THIS!! NOW HEAR THIS!!
 
Posted by bill1352 on :
 
careful there wallace..upside says Will likes guys on top
 
Posted by Ric on :
 
Legal you should hope he becomes the next CEO. Because UC already said he doesn't know how to run a company, just a P&D. Loses all the records and can't find Canada since he moved. Office out of house and corporate meetings at race track. Just would be nice if he show up at the claims more then once a year for a photo op.
 
Posted by Wallace#1 on :
 
Won't be long before that guy calls me and rips into me on the phone. I better use my sinful ear to listen.

PS: Knowing Will, I probably should have used a word other than "rip".
 
Posted by bill1352 on :
 
agreed ric...UC has to go. then after the r/s it might be worth risking a few dollars on
 
Posted by Wallace#1 on :
 
quote:
Originally posted by bill1352:
agreed ric...UC has to go. then after the r/s it might be worth risking a few dollars on

bill, you MUST be kidding!!!
 
Posted by will on :
 
I was just on the phone with UpMan. Before I saw your post I told him, I have to call Wallace and give him some chit.
Now I have a better idea. I'm gonna drive down to Indianapolis and pick up noah and bring him with us.

quote:
Originally posted by Wallace#1:
Won't be long before that guy calls me and rips into me on the phone. I better use my sinful ear to listen.


 
Posted by Wallace#1 on :
 
Oh, SCHIT!!!!!!!!!!!!!!!!!!!
 
Posted by Wallace#1 on :
 
That's all I need....three "thongmen" knocking on my door with the neighbors watching.

PS: Guess what? I just moved.
 
Posted by Wallace#1 on :
 
First thing noah would ask you is, "How much DD did you do for the trip?" Then, you'd be as lost as he is.
 
Posted by bill1352 on :
 
wallace CMKX has untouched claims & a tiny gold mine. ya never know those claims might have real value, cmkx sure never bothered to really look. after an 7000/1 r/s the pps would be about .007 and about a week later .0007 probably less. but if UC & his bunch were barred from having anything to do with the company the new folks might look for diamonds & if karma has its revenge there will be a good claim or 2 & UC can sit & watch others do as he should have & start a real mine. it would be poetic justice...lol NOW for that chance i'd buy shares.
 
Posted by will on :
 
One word, MAPQUEST.

Besides UpMan is renting a full sized vehichle because bill is almost 7' tall, and bill is driving from Toledo to your house.
I'll keep noah company !
By the time we the Pennsylvania border his mind will be right.
 
Posted by Ric on :
 
Hows this for a morning eye opener

http://apnews.excite.com/article/20050514/D8A2LDU01.html


Computer Problem Causes False Stock Quotes

May 13, 9:39 PM (ET)

NEW YORK (AP) - A computer problem at an unidentified stock trader caused erroneous, exaggerated prices - some as high as $950 per share - to be posted to the Nasdaq Stock Market Friday morning for 1,680 different stocks, a spokeswoman for the Nasdaq said.

The Nasdaq said trades using possibly incorrect occurred in 184 stocks between 9:19 a.m. and 9:40 a.m., when the problem occurred. Those transactions, which were made 15 percent above or below the previous day's closing price, will be "broken" - the buyer will get his or her money back, and the stock will revert to the seller.

The rest of the affected stocks - representing about half the 3,200 stocks listed on the Nasdaq - had erroneous bids placed on Nasdaq's electronic order books, but no trades were executed at the incorrect prices.

The problem was corrected, Nasdaq spokeswoman Bethany Sherman said, and trading in all Nasdaq-listed stocks continued normally Friday. The Nasdaq posted a list of affected stocks on its Web site Friday. The Nasdaq will work with the National Association of Securities Dealers Inc. and the Securities and Exchange Commission to investigate the incident.

The problem arose when a broker linked to the all-electronic Nasdaq system inadvertently put out bids for stocks that were substantially higher than the prices in which those stocks normally trade. For example, shares of Maxco Inc. (MAXC), a metal heat-treating company that normally trades between $3 and $4 per share, was briefly quoted at $951.47 Friday morning. It later traded at $4.10 per share.

And J.W. Mays Inc., which normally trades between $15 and $16 per share, was quoted as high as $136 on Friday.

The Associated Press said it corrected any noticeably erroneous prices in its systems, and would work with Nasdaq to address other questionable trades. The AP's stock tables for newspapers should only see a minimal impact at worst, and closing prices should be unaffected.
 
Posted by legaleagle on :
 
"Chairman Casavant went on to say, "If these projections are even remotely close, which we have reason to believe may very well be the case, then with the massive land coverage we have spent the last several years to tie-up at considerable expense, it only makes a whole lot of sense that the mines which may be discovered on our much larger properties will be a real force to reckon within the world of Diamonds. The Fort a la Corne area could very well be the most important diamond discovery of the century. CMKI has strategically planned more staked acreage than any of it's surrounding competitors."
 
Posted by bill1352 on :
 
hmmmmm something in there will prove a NS for cmkx...i'm sure of it...lol
 
Posted by Ric on :
 
Could you image all the heart attacks if cmkx was one of those. Wake up this morning to a $914.00 pps. And the ones that didn't get one then, when they had to give the money back the rest would have had a stroke. lol
 
Posted by Wallace#1 on :
 
quote:
Originally posted by legaleagle:
"Chairman Casavant went on to say, "If these projections are even remotely close, which we have reason to believe may very well be the case, then with the massive land coverage we have spent the last several years to tie-up at considerable expense, it only makes a whole lot of sense that the mines which may be discovered on our much larger properties will be a real force to reckon within the world of Diamonds. The Fort a la Corne area could very well be the most important diamond discovery of the century. CMKI has strategically planned more staked acreage than any of it's surrounding competitors."

legal, that's the same old ambiguous stuff UC has been known for all along. That's what has become HIS signature. All hype, hope, bullschit, etc. Besides, if he does not keep records and doesn't know how to run a company, what gives you the idea you would benefit in any way? Look at the meat of that statement you just posted:

"If these projections are even remotely close"
"we have reason to believe may very well be"
"the mines which may be discovered"
"could very well be the most important diamond discovery of the century."
"CMKI has strategically planned"

Exactly what kind of planning do you think UC has done, legal. What is his track record to date? I doubt if he could plan his way into a house with an open door, let alone out of one! Geeezzzzuuuussssss!!!!!

PS: And you people just eat it up, huh?
 
Posted by legaleagle on :
 
CMKX: TAKES A LICKIN' AND KEEPS ON TICKIN'
 
Posted by will on :
 
Just be sure it isn't a time bomb, noah.
 
Posted by Wallace#1 on :
 
CMKX: ROLLS THE DICE AND PICKS UP LICE
CMKX: GETS THE PIPE AND RUNS THE HYPE
CMKX: SELLS THE SHARES WITHOUT ANY CARES
CMKX: IS RUN BY A MAN WHO THINKS WITH HIS CAN
 
Posted by Wallace#1 on :
 
Sack time. Good night.
 
Posted by Upside on :
 
Originally posted by bill1352:
quote:
i wonder if this is the William Jarvis that died April 9th 2005 as published in the Mining Gazzette.
Come on, they wouldn't put something out like that without looking into if the guy was dead or not, would they? Oh geez, they just might. They'll have to re-write that p/r mighty quick if it's really the same guy.
 
Posted by Ric on :
 
http://www.mininggazette.com/obit/story/0425202005_obt07-o0425.asp


Could this be the father? I mean he was 91 years old. But then again they got Mahue. Would be sorta rude to post right after this if its him.


quote:
Originally posted by Upside:
Originally posted by bill1352:
quote:
i wonder if this is the William Jarvis that died April 9th 2005 as published in the Mining Gazzette.
Come on, they wouldn't put something out like that without looking into if the guy was dead or not, would they? Oh geez, they just might. They'll have to re-write that p/r mighty quick if it's really the same guy.

 
Posted by Bigrod40 on :
 
For people interested in naked shorts.
http://www.americaneedstoknow.com/
 
Posted by bill1352 on :
 
the obit is on a guy in michigan, the U.P. i recognize the counties it has listed on the bottom. probably not him.
 
Posted by Dustoff101 on :
 
Heh Wallace,,,, what in the world are you doing moving? Don't you know they screen people now.

Wallace, you should know better than anyone, that Tin Men are not allowed in the better neighborhoods..

Question # 1....Do you actually believe they will allow you to park your 30'Limo, [ built in 1925 ]with the gun ports,in front of your new house!!!!!

question # 2....I really did not want to comment on the following, however in the interest of morality, I must...
.....Do you think your new neighbors will tolerate this situation about several men, doing a whole lot a shaking , on your front porch, in thongs...

.....Apparently some sinister force has consumed you in my absense..........
.....What has happened to the kind old gentleman
of Wall Street...........?

Possibly Leagaleagle or maybe dwman can save your ass before it's to late!!!!!!!!
 
Posted by Upside on :
 
Originally posted by Dustoff101:
quote:
question # 2....I really did not want to comment on the following, however in the interest of morality, I must...
.....Do you think your new neighbors will tolerate this situation about several men, doing a whole lot a shaking , on your front porch, in thongs...

Good point dusty but I dont think his old neighbors would tolerate it either. He's kind of stuck between a rock and a hard place....
 
Posted by glassman on :
 
"If these projections are even remotely close"
"we have reason to believe may very well be"
"the mines which may be discovered"
"could very well be the most important diamond discovery of the century."
"CMKI has strategically planned"


too much.....

i guess they have some legal bills to pay from this SEC investigation...

more "exploration" huh?

 -


so this is what kimberlite looks like?

http://www.dapper.com.au/funny.htm
 
Posted by Upside on :
 
Originally posted by Glassman:
quote:
so this is what kimberlite looks like?
With Urban on top!
 
Posted by glassman on :
 
i hope that you all get a kick out of their rat site...
no doubt all of the hits will have them tracking me down...no i don't know 'em....
 
Posted by Wallace#1 on :
 
You guys think that's a rat that Glass posted? Notice the pack on the back? Has to be a couple of speck size diamonds in there. And look at the position of that thing. I swear, it's got to be UC and he's mating!

PS: The eyes prove it....notice the dim witted expression!
 
Posted by legaleagle on :
 
FIVE THOUSAND MARK: Street Shares: 265,769,557,218 Cert Shares: 30,760,059,883
Total Shares: 296,529,617,101 Signed Agreements: 5004
 
Posted by Dustoff101 on :
 
A picture is worth a thousand words...Good thing U/C got a hair cut.....

Otherwise he would'nt of looked so good...
 
Posted by Ric on :
 
And look the total moves so slowly. As I said the ones that are left own very little. Long way from proving anything.
 
Posted by will on :
 
Bout 42% of the total O/S.
Still no proof of a NSS, or altered cusip numbers.
Blah, blah, blah.
We got a lot of claims that might have, if, wish, hope, maybe............and we're on the brink of revocation.
 
Posted by legaleagle on :
 
For those who read the previously posted Phxgold Theory, and didn't understand it, here is an MP3 of two sessions he gave last night on PalTalk. Even the bashers should listen to this because it answers many of the questions that have been raised here on such topics as voting, shares, increases in AS, and why Urban took the fifth. It's a good investment of time to listen with an open mind, to one of the best DD experts in CMKX.

http://www.cmkxpics.com/phxgold
 
Posted by Ric on :
 
He even stated it was a theory like you did. DD isn't theory. And the crap he run with was just that crap. He inferred from the 14C. You know the company has to give you information to have information. UC gives you people enough to hang yourselves with. This is to let you make up the stuff so he can't be caught in the lies. And he clearly stated it was just his opinion on what he read and someone else could have a different one. He even went on to say that UC and the Syndicate, lol, had a non disclosure agreement so why would he know chit. The point all along legal is UC refuses to file and refuses to give investors basic information on the company. And all you keep bringing to the table is theories that really have no proof to back them up no matter what you say. I have listened to phxgold in Willy's room for a while now. I think him and Willy and Abadacca need to stay off the koolaid. It effects them to much. And Oogie, I don't think he drinks the koolaid. I think he is just plain crazy let along a biggot fowl mouth.

THAT WAS WAY TO DEEP. Of chit that is.
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
He even stated it was a theory like you did. DD isn't theory. And the crap he run with was just that crap. He inferred from the 14C. You know the company has to give you information to have information. UC gives you people enough to hang yourselves with. This is to let you make up the stuff so he can't be caught in the lies. And he clearly stated it was just his opinion on what he read and someone else could have a different one. He even went on to say that UC and the Syndicate, lol, had a non disclosure agreement so why would he know chit. The point all along legal is UC refuses to file and refuses to give investors basic information on the company. And all you keep bringing to the table is theories that really have no proof to back them up no matter what you say. I have listened to phxgold in Willy's room for a while now. I think him and Willy and Abadacca need to stay off the koolaid. It effects them to much. And Oogie, I don't think he drinks the koolaid. I think he is just plain crazy let along a biggot fowl mouth.

THAT WAS WAY TO DEEP. Of chit that is.

Ric, I suspect everytime you post, people buy more CMKX. Theories are developed by good DD. Theories are "possible" answers. The more questions that a theory answers, the more likely is it's probabllitiy.

At least some shareholders are doing some DD, not just pontificating as is the case here for the mostpart.
 
Posted by will on :
 
......and all the theories over the past yr+ had high probabilty of being accurate ?
There was an aweful lot of "DD" based on theories that went down the tubes.
Let me remind you of the one of the most laughable ones, where your friends answered a lot of questions and assigned it very high probability:
Citi-Group.
I'm sure there are a lot more people can recall and will hopefully site for you.
 
Posted by Ric on :
 
Legal DD is finding facts on a company or officers of the company and posting them. Finding trends in pps patterens. Studing the TA and FA and bringing it to the forefront so people can make a logical conclusion based on facts.

Theories have nothing to do with fact. And theories that come up with .10 or higher on a .00005 stock that has 704 billion shares outstanding is crap. The party were UC was going to make you all rich. The theories on how low the o/s was when it was really massive. The buyouts and reverse merger theories. The short squeeze theories. People quitting there jobs on these theories (how stupid) and convincing housewives and the disabled into a dream with this crap. And not one has ever came true. Weres the dd in that. This is a scam and the pumpers like phxgold and others that push these theories on people like they are the truth are scams.

I hope everyone of them buy more shares and if it takes me talking to convince them so be it. Please buy more koolaid drinker. Buy with all your savings and your kins money. Buy it all so no one else get suckered in.

Citi-group how funny. Diamonds even funnier. Give one fact that this company has anything besides a printing press and a broken drill. Oh forgot about the maps, lots of pretty maps.
 
Posted by glassman on :
 
leagal, if you guys did half as much DD on other stocks? you might be ahead right now.... instead of wishing...

i have only tried to help you {and Debbi}...as a mater of fact? i was trying to help Debbi in specific last summer, and she got nasty with me..
she was kind enough to point out to me how cornell seemed to be doing a number on most of their "clients" so i was trying to return the favor..
and VAN, i like Van, he was skeptical/balanced for quite awhile....soemthing got to you guys...i don't know what or why
BUT,
i hope you all get your dough back, but not by bringing in more dupes, by UC delivering on his "promises"
 
Posted by Wallace#1 on :
 
Glass, that was pretty much a carbon copy of what happened to me with Debi, Van and others. No big loss as far as I am concerned now.
 
Posted by Ric on :
 
13,612,804,144 Street shares and 7,318,529,218 cert holders difference from the 4000 to 5000 mark.

Thats 20,931,333,362 difference total for a average of 20,931,333 per share holder (21 billion) on this thousand while the first 4000 avg. was 69 billion. With current avg at 59 billion on 5004.

And the first 577 had an avg. of 149 billion.

Avg. is going down quick as I predicted. No proof of anything at this rate.

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

Recap

1st 577 149 billion avg.
4000 had 69 billion avg.
5004 had 59 billion avg

last 1000 had only a 21 billion avg.

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

5/14/2005

Street Shares: 265,769,557,218 Cert Shares: 30,760,059,883
Total Shares: 296,529,617,101 Signed Agreements: 5004


legaleagle
Member


Member Rated:
posted May 05, 2005 14:07
--------------------------------------------------------------------------------
Street Shares: 252,156,753,074 Cert Shares: 23,441,530,665
Total Shares: 275,598,283,739 Signed Agreements: 4002


OVER 4,000 KOOL AID DRINKERS CAN'T BE WRONG

[ May 15, 2005, 00:23: Message edited by: Ric ]
 
Posted by JohnnyRotten on :
 
The NSS theory turned out to be true to some degree.

Wait for the 8K and see if drilling rumors were close.


I agree I could have made money in other stocks while holding CMKX. But last I checked it was at .0001 and could not go lower. In the meantime I could have lost money in those other stocks.

I gambled last year on IBZT when it was hot, and UDVE and ONEV and SHRN etc. Made money on a few but overall lost 5 grand. Of course the ones I held may have made that if I sold at the time.

My unique situation was the tax bracket bubble. If I lost money enough it lowered my tax bracket and I broke even or a little better anyway. If I made money the first 4 thousand or so would have gone to paying for the higher tax bracket.

I was in a position to hold for the grand slam or bust stock. I am not sorry for holding CMKX and I still hold it. It may make me rich or lead to a lower tax bracket.

In the last two years I have learned a lot and am glad to lose money to make money. Almost like farming.
 
Posted by legaleagle on :
 
xxdiamondchildxx

Partner


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


Posts: 125
Registered: 1-1-2005
Member Is Offline


posted on 15-5-2005 at 12:12 AM

"Stop Naked Shorting!" via The Green Baron:


http://www.***************/naked_shorting.htm

The Low Down on The Manipulators

Stop Naked Shorting!

4/13/05 from Green Baron this a.m.:

"In a separate matter, we bring your attention to the first few paragraphs of this late breaking news: StockGate: DTCC Stuns With Admission It Interfered With News Media - April 13, 2005 (FinancialWire) In yet another stunning development in the StockGate saga that has rocked the financial industry, the Depository Trust & Clearing Corporation, through its outside counsel, Proskauer Rose LLP, has admitted it sent communications that resulted in a newswires censorship at Yahoo (NASDAQ: YHOO) Finance via Investors Business Daily and MarketWatch, now owned by Dow Jones (NYSE: DJ) but then partly owned by Viacoms (NYSE: VIAb) CBS.

This comes hard on the heels of a seeming cancellation of a Dateline NBC purported expose of the DTCCs alleged role in a Stock Borrow Program that lawsuits say it aids and abets through its controversial Stock Borrow program, in the same week that DTCC publicly posted a preemptory challenge to the legitimacy of broadcasts. NBC is a unit of General Electric Co. (NYSE: GE), and its producers denied to FinancialWire that the program was cancelled, saying instead that it has been postponed."

The Green Baron Report

Naked Short Selling and the harm it causes!

One aspect of this business that has Recently been revealed is how these various naked short selling groups communicate and collude with each other. If one group is having a tough time killing a company and their intent is becoming very obvious, then they will hand the baton on to their co-conspirators to help polish off the corporation. This is a very scary thought. These people are incredibly deep-pocketed in the first place.

PILING ON/FRONT RUNNING/TRADE PADDING

An interesting phenomenon often occurs when the Canadian broker/dealer first gets visibility of a large sell order. Lets assume that it is a 20-million share sell order of nonexistent stock at market to be executed in two weeks time. The typical source of a sell order like this might be a market maker with a hedge fund connection that accidentally got into a large naked short position while servicing a valued client. Knowing that this sell order is going to severely depress the victim companys share price, the Canadian broker/dealer will often put in their own sell order of maybe 10 million shares and process it before processing the 20 million share sell order. The offshore corporation cant exactly point an accusing finger should they detect the front running since they are breaking the law themselves. Now the Canadian broker will hand a 30-million share sell order to a market maker. When the market maker sees this now gigantic sell order they will often front run this 30 million share sell order with a 10 million share sell order of their own making. They know all too well what a 30 million share sell order will do to one of these thinly traded securities. Thus a sell order of 20 million nonexistent shares has now grown to 40 million nonexistent shares. This elucidates the Self fulfilling prophecy aspect of naked short selling. Unsuspecting shareholders will pay real money for all 40 million of those shares and not suspect any hanky-panky at all. How could a monthly statement from one of these prestigious Wall Street firms be telling a lie? Thus naked short selling can work from left to right through the various steps involved in the processing of a buy order, in essence neutralizing the up ticking effect on share prices caused by buy orders, or from right to left with the introduction of massive sell orders of nonexistent shares.

LONG TERM SURVIVORS

An important aspect of these naked short selling wars is the length of time that the victim company has been under attack. When these naked short selling gurus that can smell a scam from 40 miles away guess right and beat up a scam company, the company doesnt have a chance because of the vicious nature of naked short selling. The lack of assets of the company will be exposed and announced from the mountaintops. What are interesting are the battles that ensue when these gurus misdiagnose a real company with real assets as a scam. The naked short sellers will still be able to knock the market cap down by 99%, but often it becomes tough to Kill the company. Investors that know that the company has the goods can sit back and buy shares at a tiny fraction of book value and thereby average down their previous purchases. Since the size of the naked short position is of a cumulative nature, increasing with the age of the battle, a point is reached wherein the naked short sellers cannot afford to cover this massive naked short position without driving the share price to the moon. This is when the games get really dirty because hundreds of millions of dollars are now up for grabs, winner take all.

THE DAMAGES

One has to wonder how many young micro cap corporations with great promise have been snuffed out while in this incubator of the OTCBB and Pink Sheets. Have we missed out on any potential cures for cancer or high tech breakthroughs? What happened to the dreams of all of those entrepreneurs who put every penny they had into their private companies in preparation for going public, and then getting massacred once public? Author Unknown!

Links to Sites on Naked Short Selling and SHO info!

http://www.ncans.net/news.htm

http://www.ncans.net/

http://www.nasdaqtrader.com/aspx/regsho.aspx

Very Informative! http://www.ragingbull.lycos.com/mboard/boards.cgi?board=ICAN&read=20842

http://www.antandsons.com/blogger.html

http://www.faulkingtruth.com/Articles/Investing101/1019.html

http://www.fool.com/news/commentary/2005/commentary05032407.htm?source=eptyholnk3

http://www.amex.com/?href=/etf/EtMain.jsp?etfsection=sites7

In the link below scroll down to the Dec 2 2004 Naked Short Seller Story!

http://stommel.tamu.edu/~baum/ethel/2004_11_28_ethel-archive.html#110208882985987571

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

God Bless to all!

Peter
(Dxild)
 
Posted by legaleagle on :
 
IS THIS THE END ??


From PB 32

swordfish168
Diamondologist


member is offline


Posts: 308
IS THIS THE END !! - by SWORDFISH168
Thread started on: Today at 09:56am

--------------------------------------------------------------------------------
I WOULD LIKE TO HEAR EVERYONES COMMENTS ON THIS POSTING

I was waiting for some observations to be made by posters and I did not see any mentioned so I will take a "STAB" at it ( I just watched PHSYCO on TV ).

Did anyone realize what happened in the last few days !! ( first a recap - below ) http://cmkxdiamond.********s32.com/index.cgi?board=general&action=display&num=1115913096

Once the Jeff Letter was revealed to the WORLD !!. Who is going after Jeff and all the others - Frizzell !!

This was a Powerful message and probubly the best reason to spent $25 with him.

The company is doing business as usual and the main players are going on a trip. This lets everyone know that there are no worries on anything at this time. Why are they not going after JEFF and others. It shows confidence and no concern on OUTSIDE forces at this time. If they are confident then we will feel better. It shows by the postings in the last few days.

The pumper's turned bashers became pumper's again.

Frizzell - The representative of the investors is performing the witch hunt. This is much better then company going after JEFF and the others involved.

1) JUDGE, SEC, MM and HEDGE FUNDS have to be scared and treat us with kid gloves ( transparency !! ). Fifty thousand strong and growing. Doors will open for Frizzell that would be closed to CMKX. This was well planned, in my opinion, by all parties involved.
2) Requests of information to MM are to made soon asking for data and if they did same thing as Jeff ( now that everyone knows how they did it ) or we will get the information by force. My accountant has always told me that if you make a mistake it is better to plead ignorance, admit you made a mistake and will correct it so it does not happen again. That's what CMKX did in the trial - CORRECT. Punishments are a lot less (especially if you will be caught in the end anyway's) If its not given voluntarily then its shady and a cover up in most peoples opinion. This is what Jeff did. Once it was admitted in court (by accident !! ya right !!) then starts the paper trail for all MM and EVIL ONES involved.
3) The media will RESPECT the investors for being taken advantage of ( screwed !! ) and be very critical to the BIG BUSINESSES that took advantage of us (ripped us off !! ), Look at what happened in ENRON.

Have you noticed that the last 2 days the trading volume of CMKX was under 1 billion. After it was revealed how the MM did it maybe this practice has stopped. I think there has to be a lot more scared investors pruning their position and a lot less buyers at this time.

The pr on Friday. To me again it says the company has no concerns at this time and business as usual. This tells all parties that information is forthcoming and could be EXPLOSIVE to the pp's. Since the cat is out of the bag you may want to let the pp's start to go up now. This may make your situation better and stave off law suits / class action suits and punitive damages.

I do not know if we will reveal the bombs in the near future but warning shots are a good inducement to cooperate. A ship at sea in the early years would have a volley fired in front of them in a chase. You can either ignore it and take your chances or stand and fight or if overpowered just raise the white flag and give up. I think they are beginning to realize that they are OVERPOWERED. Its only going to get worse for them in the future, from many different directions, so it may be better for you to let us go now or face he possibility of major hits to your ship in the future. The damage might even sink you ( if you get my drift ).

This all being said I will now go out on a limb and make a possible prediction - logic first

a)The company may stop trading - the posibility does exist
b) MM and Hedge Funds know we are looking for them and the paper trail will get everyone caught eventually
c) Many law suits will be filed in near future and MM / Hedge Fund publicity is not wanted
d) Judge will make a ruling in July and also wanted a deal made.
e) Tender offer would take about 1 month to do
f) The thought still exists that there was dilutution and not NSS. At no time was it ever proved or denied and there were many times it could have been done easily.
g) A spike will not be allowed at this level with a NSS this HUGE.
h) CMKX volume decreased - less buyers, more sellers - maybe manipulation stopped.
i) Meeting with SEC after court trial.
j) Jeff letter held for awhile by SEC and accidently revealed in court by accident of the Judge !!.
k) Investor confidence is at a all time low and with the uncetainty surrounding our future we would be more likely to take less then we would have awhile ago.
l) Many have spent more then they should have and some have even sold at lower levels we are at now.
m) The company looks incompetent and maybe cannot get the job done even with Mahue in control.
n) Urban looks like he does not know what hes doing.

If there was ever a time to make a tender offer for CMKX this would be the time to do it.

I believe it will happen in the next few weeks. If not then its going to be another wild ride on the CMKX rollercoaster.

Just my thoughts as usual. I would like to hear your opinions !!!

If you want to comment then please explain your logic. Saying - "YOUR WRONG" or "NO WAY" will not be sufficient in my opinion especially considering the time I spend on these postings.

SIT BACK AND THINK ABOUT EVERYTHING THATS HAPPENED IN THE PAST AND NOW !!!

It all seems like a MASTER PLAN to me !!!

BE LONG, BE STRONG !!!! BEST, MIKE

p.s. I am in till the end either way and none of my shares will be sold untill the pps is alot higher.
 
Posted by Ric on :
 
There is only one thing funnier then a GreenBaron PR. Thats a WillyLizard PR. Both paid pumpers with no morals. But at least GreenBaron can spell.

But I don't see why you want to bring in Jeff. It was a long sell and if anything it proved that Jeff was the MM used for dilution. And UC did call Jeff a friend of the company. But then to the company is saying that RG did nothing but the koolaid drinkers still think he walks on water so I guess it makes sense.
 
Posted by glassman on :
 
m) The company looks incompetent and maybe cannot get the job done even with Mahue in control.

that about sums it all up....

in order for there to be a short squeeze? somebody has to buy...
UC could have dropped all the proper paperwork on the judges desk and forced the supposed NS squeeze right then and there, if it was ever gonna happen...

bury it..the smell is unbearable
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
There is only one thing funnier then a GreenBaron PR. Thats a WillyLizard PR. Both paid pumpers with no morals. But at least GreenBaron can spell.

But I don't see why you want to bring in Jeff. It was a long sell and if anything it proved that Jeff was the MM used for dilution. And UC did call Jeff a friend of the company. But then to the company is saying that RG did nothing but the koolaid drinkers still think he walks on water so I guess it makes sense.

Ric if the Jeff deal was a "long sell" why had the seller come to them to avoid the "deposit" that they mentioned? If it was long, they wouldn't have needed a deposit. You see JEFF has dug an even deeper hole for themselves in this mess. If you are really looking for who sold those shares to JEFF, check on John Jarvis and John Edwards.
 
Posted by legaleagle on :
 
A Letter From Richard Durbin, Senator, to Chairman Donaldson

http://ncans.net/durbin.htm

Chairman Donaldson
U.S. Securities and Exchange Commission
450 Fifth Street NW
Room 6000 Washington, DC 20549

Dear Chairman Donaldson:

I am writing to request information regarding the June 23, 2004 Securities and Exchange Commission (SEC) short sale regulation, designated Regulation SHO. On March 9, 2005, the Senate Committee on Banking, Housing, and Urban Affairs held a hearing on Regulation SHO, in which Chairman Bennett spoke with you about the regulations effects on the illegal practice of naked short selling. I thank you for your testimony and I hope that you can follow up on some of my concerns not fully addressed by the Banking Committee hearings.

I appreciate the efforts of the Securities and Exchange Commission (SEC) to control abusive short selling practices. As a result of Regulation SHO, the names of firms with large amounts of unsettled shares are published on the Threshold Security List daily. This list assists individual investors in making informed decisions about potential manipulation of the market, and gives regulators and investigators a centralized list of firms with significant numbers of undelivered shares. However, it has come to my attention that Regulation SHO may not be curtailing abusive naked short selling practices.

Several of my constituents have contacted me since the SEC introduces Regulation SHO. They have raised concerns about potential loopholes in settlement regulations. During your recent testimony before the Banking Committee, Chairman Bennett asked you about the ability of brokerage houses to shuttle unsettled shares every 13 days in order to avoid settling the borrowed shorted shares. Due to time constraints at the hearing, the committee did not receive a complete answer. This issue is worthy of a full response.

Additionally, my constituents have expressed concern about SEC enforcement of Regulation SHO. While the Threshold Security List publicizes securities that might have been manipulated, I am concerned that some securities repeatedly appear on the list. What steps is the SEC taking to investigate trading practices that result in vast quantities of unsettled shares, and to punish those people who violate SEC naked short selling regulations? What is the SEC doing to ensure that the Depository Trust & Clearing Corporation (DTCC) is complying with Regulation SHO, and what actions does the SEC undertake when the DTCC identifies large quantities of shares that have not been delivered?

It is important that the SEC identify abuses and prevent manipulative naked short selling practices that undermine faith in the market. Thank you for your attention to this matter. I look forward to your timely response.


Sincerely,


Richard J Durbin
United States Senator
 
Posted by glassman on :
 
thats great legal...

now find us a NSed company that can actually file on time (or at least within year so ofthe due time), and hasn't diluted their stock to the moon, so we can all work it..LOL

like global crossing maybe?
 
Posted by Ric on :
 
Well what I said about him being used for dilution was not fact. Just looked like it to me. But also what you just said is really a theory with no proof at all from the letter. Still if you want to call Jeff a liar thats fine with me. But he stated it twice that is was a long sell that was covered. If you think he lied alright but you have no proof and making up a new letter because you think he lied doesn't make what you say facts either.
 
Posted by glassman on :
 
freaking more losers are registering and giving me one star votes LOL... got two more tonight...

i love gettin votes...
maybe i should register a half dozen names or even a hundred and vote myself back up to 5 it's pretty EZ if you know what you are doing sheesh....

BTW i'm very close to having a 5 anyway so you guys are wasting yer time...
 
Posted by glassman on :
 
global crossing is a SLAM-DUNK NS case...all the filings are in, all the numbers are on YAHOO...it's gonna get fixed long before CMK? (never?) no i don't like it but......
 
Posted by ed19363 on :
 
Legal, do you even read these posts before you repost them? And do you know the meaning of DUE DILIGENCE?
Everything you post is a theory, guess, opinion, thought.....not once have you posted any FACTS!
Know why? You cant have any facts because CMKX has not RELEASED any !!!! Nor can any of the people you associate with. And so far, they all seem to have a lousy record with their guesses.

You all should take a break and shut up until the company releases something. Quit guessing. It just makes you look stupid.
 
Posted by buckstalker on :
 
Hey Glass...just gave you 5 stars!!!

Buck

quote:
Originally posted by glassman:
freaking more losers are registering and giving me one star votes LOL... got two more tonight...

i love gettin votes...
maybe i should register a half dozen names or even a hundred and vote myself back up to 5 it's pretty EZ if you know what you are doing sheesh....

BTW i'm very close to having a 5 anyway so you guys are wasting yer time...


 
Posted by bill1352 on :
 
i think you have to be kissin azz around here to keep 5 stars...love every stock posted & say nothing bad...lol
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
Legal, do you even read these posts before you repost them? And do you know the meaning of DUE DILIGENCE?
Everything you post is a theory, guess, opinion, thought.....not once have you posted any FACTS!
Know why? You cant have any facts because CMKX has not RELEASED any !!!! Nor can any of the people you associate with. And so far, they all seem to have a lousy record with their guesses.

You all should take a break and shut up until the company releases something. Quit guessing. It just makes you look stupid.

ed, yes, I post fact, and within the last couple of days I have posted the PR and the ........025 Sask holdings. Both are fact.

Board management left the PR, but took down the 025 holdings, ostensibly because there were too many and it "wasted" precious space. Yet allowed about a page and a half of important "thong" information.

If you are against hearing "opinion" perhaps you should converse with some of the "negs", as I see no DD from them on their positions, only opinion.

Could you or some other negs point out ANY DD from yourselves over the past 70 or so pages?
 
Posted by bill1352 on :
 
Jeff says in plain english that the problem they found was that these shares did not get reported to the days tape, the volume total. period. this could be thought of as manipulation at best but when the stock in question trades billions of shares per day it would be slight at best. show me another stock where 111 billion shares get sold from a long seller. UC releases another fluff pr about handing a guy some data & asking him where is the best place to drill a hole & the cult thinks diamonds are in the next pr or S8. when what should be in that S8 is the amount he was paid to pick the next spot to drill a hole. this is called filing complete info for shareholder knowledge something that is unheard of around cmkx. i wonder if mahoo knew about this pr because its exactly the type of pr that draws SEC attention.


the naked short does look to be heading down the drain also as Ric pointed out the ave. is dropping. & as many have said those that did not join right away will be the one's with a million or so of shares. the 1 piece of info that could prove it is being withheld by the company, insider positions held. lets see i'm a company in trouble with the SEC, in court. i have an OG faxing in broker statements to prove shares owned & cusip numbers. they have a lawyer representing them. so do i...A) help my very faithful shareholders & draw in the small shareholder by adding shares held by insiders to their cause or B) keep my mouth shut as i have since i lied on a form 15. do i want my company to be known as ...A) a company that made a mistake on a form & am willing to go to great lenghts to prove my honesty & concern for my shareholders by correcting past mistakes & problems or B) be known as an in the dark, careless about the shareholder POS. i think we know which choice they made.
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
i think you have to be kissin azz around here to keep 5 stars...love every stock posted & say nothing bad...lol

I think you have to have some emotional problems to even worry about how many stars you have.
 
Posted by bill1352 on :
 
well you certainly have to have some serious problems to back a company with a 703 bilion o/s with no income to speak of ($60K0 from gold), a closed mouth policy & being called a scam by the SEC. Glassman likes his stars...good for him...personally, i never look at them to the point that Ktrain had to point out that the cmkx cult had me down to 3...lol
 
Posted by buckstalker on :
 
Bill...even though you don't care...I just gave you 5 stars too. The least I can do for a fellow Michigander. As far as CMKX goes...don't know...don't care... made some good money on it a while back...but wouldn't touch it again with a ten foot hockey stick!!!
 
Posted by bill1352 on :
 
lol...agreed Buck & thanks...added 5 for you too. cmkx is entertainment, a mostly friendly battles of real info & dreamland.
 
Posted by glassman on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by bill1352:
i think you have to be kissin azz around here to keep 5 stars...love every stock posted & say nothing bad...lol

I think you have to have some emotional problems to even worry about how many stars you have.
yes legal, i am emotionally unstable, every time i lose a star? i chew one of my fingers off... [Big Grin]

actually i am just trying to encourage people to vote a little more...
not how to vote....
if i was worried about bad votes? i wouldn't post much would i.... LOL
i don't post much negativ stuff cuz i am a bull by nature...
this one (IMO) is an abject lesson in the lemming mentality of the market tho....
you are correct, there are worse...the RSers are much worse than this, but everybody can read their filings can't they?

and

MAGNETIC MICROSPHERES does a great job of posting the RSers for us and gets very little recognition for it... he/she is a real hero...i'm just a nut-case like most everybody else here in the microcap mkt..... [Wink]

heck, you should see all the squirrels that follow me around....
 
Posted by bill1352 on :
 
MAGNETIC MICROSPHERES does a very good job glass, i agree. & your right, i only vote when it comes up in a thread...lol. in fact i never even look at the stars. i'm heading over & hand MAG 5 stars now.
 
Posted by bill1352 on :
 
if cmkx stays running & mahoo is put in charge, complete charge i bet this r/s gets topped...lol


EWMH
eWorldMedia Holdings, Inc. Common Stock
EWME
eWorldMedia Holdings, Inc. New Common Stock
1-20,000 R/S
 
Posted by Wallace#1 on :
 
Glass,

It's about time you 'fessed up about being a "star freak". Maybe I should have said "freak star"! LOL

legal,

Re your posts about fact vs theory, practically everything you have posted or, in most cases, reposted has not been fact. Almost 100% of it has been supposition, speculation, distortion, diversion, hope and hype.

There is no question that JEFF was referring to longs, not shorts. In view of what was said by CMKX personnel about that relationship, if anyone was "in bed" with UC and cohorts, it was probably JEFF. I suppose you are saying that JEFF does not know the difference between a long and a short. I am willing to bet JEFF was involved with stock trading long, long before you came on the scene. Try finding something else and running with it, OK.
 
Posted by glassman on :
 
RS?????
that might be the right thing to do....
IF
they really do have just ONE good diamond pipe?

AND
they can find it...

problem is? you actually have to WORK to get the stuff outa the ground.....

right now? them having all these claims just blocks the REAL workers from gettin' their hands dirty doesn't it?
 
Posted by Wallace#1 on :
 
Glass,

They would also need the money to work just one good claim, but that appears to have been wasted on other companies (CIM included), race cars/trucks/motorcycles, a new house (and corp. office), conflict free diamonds, credit cards, jade collections, trips to the middle of nowhere, parties, duct tape and the like.

PS: Forgot the worthless lawyers!
 
Posted by Wallace#1 on :
 
legal,

Re Phxgold. They compliment him for DD and should be ashamed of themselves. He does nothing but butcher statistical facts that have nothing to do with one another and use them to draw incorrect conclusions. Sure, to someone who is a cult member and doesn't really understand how he combines unrelated information, he might sound credible. However, the first thing anyone reading such a compliment and/or group of combined statements should ask is, "How much credibility do any of the CT, CMKX Cult Members and OG Members possess?" What has any one of them ever said that has come to pass?

Diamonds? NO! Financials? NO! Informative PRs? NO! Honesty? NO! Shareholder Numbers? NO! Required SEC Filings? NO! Proof of anything? NO! Corp.Office where claimed? NO! Corp. Records? NO! Unquestionable associates/friends? NO! Capable lawyers? NO! Reliable claim potential estimates? NO! Positive track record? NO!

Wife signing Co checks? YES! Pres./Chairman taking 5th? YES! Twisted statements? YES! Incompetence? YES! Witnesses distancing themselves? YES! More? YES! YES! YES!

PS: And, legal, point out just one thing about the above that you feel is not a FACT and I will be happy to clarify my statement so you are better able to understand.

[ May 15, 2005, 12:35: Message edited by: Wallace#1 ]
 
Posted by TANGO42 on :
 
quote:
Originally posted by Ric:
There is only one thing funnier then a GreenBaron PR. Thats a WillyLizard PR. Both paid pumpers with no morals. But at least GreenBaron can spell.

But I don't see why you want to bring in Jeff. It was a long sell and if anything it proved that Jeff was the MM used for dilution. And UC did call Jeff a friend of the company. But then to the company is saying that RG did nothing but the koolaid drinkers still think he walks on water so I guess it makes sense.

The problem with this is IF one or more of the insiders provided stock to dump, they violated an agreement they signed to have access to claims. It specifically states a 144 must be filed with a 180 day waiting period and then only a small % od O/S per month.
 
Posted by will on :
 
What I find difficult to believe that noah can actually accuse "negs" of not posting or referncing facts. Yet I see a slew of facts in the Wallace's post above, and have seen page after page of negative facts. Now, what I see from noah and the pumper's reposts is conjecture, projection, theory, and wishful thinking backed up with, imo, I believe, wrong and false premises, fabrications, as solid fact and DD.
Seems strange to me. Fanatasy is fact and fact is fantasy in their mind. Looks like we have a double standard for posting here.
 
Posted by Wallace#1 on :
 
Tango, the problem with your conjecture (assuming your statememts about the contract are correct) is that they could get "majority shareholders" to change the terms any time they wish. If they can do other things without public shareholder meetings, doing that would be a simple matter....remember, just 2 Directors on the BOD. How many on the BOD immediately prior to Maheu's appointment? One? UC?
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
Glass,

It's about time you 'fessed up about being a "star freak". Maybe I should have said "freak star"! LOL

legal,

Re your posts about fact vs theory, practically everything you have posted or, in most cases, reposted has not been fact. Almost 100% of it has been supposition, speculation, distortion, diversion, hope and hype.

There is no question that JEFF was referring to longs, not shorts. In view of what was said by CMKX personnel about that relationship, if anyone was "in bed" with UC and cohorts, it was probably JEFF. I suppose you are saying that JEFF does not know the difference between a long and a short. I am willing to bet JEFF was involved with stock trading long, long before you came on the scene. Try finding something else and running with it, OK.

JEFF was able to refer to them as "longs" truthfully because they were shorting the stock with restricted shares in support. IMO
 
Posted by Wallace#1 on :
 
How soon will Maheu say, "I've had enough of this guy, UC, and am out of here!"? Betcha he will - given time and UC's antics.
 
Posted by Wallace#1 on :
 
legal wrote: "JEFF was able to refer to them as "longs" truthfully because they were shorting the stock with restricted shares in support. IMO"

Just who is the "they" in "were shorting the stock with restricted shares in support"? UC? Others? And with "restricted shares"? Please explain. I understand the "IMO" part.
 
Posted by bill1352 on :
 
if they were shorting with restricted shares then there are 2 possiblities...1) UC himself or family members 2) the JV partners. this is not in my opinion this is fact. there is only 1 place to get restricted shares & that is from CMKX itself. you can not buy resticted shares on the open market you can only get them from CMKX. so now your saying UC or 1 of his partners NS'ed cmkx...good thinking there legel...lol
 
Posted by legaleagle on :
 
quote:
Originally posted by will:
What I find difficult to believe that noah can actually accuse "negs" of not posting or referncing facts. Yet I see a slew of facts in the Wallace's post above, and have seen page after page of negative facts. Now, what I see from noah and the pumper's reposts is conjecture, projection, theory, and wishful thinking backed up with, imo, I believe, wrong and false premises, fabrications, as solid fact and DD.
Seems strange to me. Fanatasy is fact and fact is fantasy in their mind. Looks like we have a double standard for posting here.

Now that really made me laugh will. Wallace's facts? That's really good. Let's review Wallace's facts:

W) Diamonds? NO!

Resp) So you have been in the secured facilities reported in the 14C to actually observe this for yourself?

W) Financials? NO!

Resp) Not in the midst of a hostile internal takeover, no.

W) Informative PRs? NO!

Resp) Same as above.

W) Honesty? NO!

Resp) What "dishonest" act do you have proof of?

W) Shareholder Numbers? NO!

Resp) I believe the OBO/NOBO were released last week showing over 60,000

W) Required SEC Filings? NO!

Resp) Not yet. But same answer as above. Not in the midst of a hostile takeover.

W) Proof of anything? NO!

Resp) Well I just posted the extensive holdings of the corp., yet I don't seem to be able to find them here anymore.

Corp.Office where claimed? NO!

Resp) The corporation purchased a building for an office a few months ago, but occupancy became a legal issue and it is being resolved in court now. However, the SEC seemed to have no problem with finding them.

W) Corp. Records? NO!

Resp) They have them, just not giving them up at the moment.

W) Unquestionable associates/friends? NO!

Resp) Who in business doesn't have those? Ask Enron.

W) Capable lawyers? NO!

Resp) Well Stoecklein was hired to get us squared away with the SEC. I didn't see any suspension, revocation or even a halt on Tuesday, so I would say he has proven himself capable so far.

As far as Glenn goes, we don't know if he was capable or not because he's not telling us, yet.


W) Reliable claim potential estimates? NO!

Resp) I believe they just announced on Friday that those will be issued in an upcoming 8K

W) Positive track record? NO!

Resp) How do you know that? They just haven't told us their "track record" yet.

W) Wife signing Co checks? YES!

Resp) Do you know whether she was granted that authority or not?

W) Pres./Chairman taking 5th? YES!

Resp) Refusing to co-operate with a "lynching" Yes!

W) Twisted statements? YES!

Resp) And could you point out a "twisted statement"? And what the truth really was.

W) Incompetence? YES!

Resp) And I guess the proof of that, one way or the other, is what we are awaiting.

W) Witnesses distancing themselves? YES!

Resp) And some of them need to be aways off from this.

W) More?

Resp) Bring it on.
 
Posted by Ric on :
 
Thats the quacks phxgold theory bill. That the partners wanted to bankrupt the company by NSS so they could get the claims back from UC because in the agreement if the company goes bankrupt the claims revert back to the parnters. So they made money from the sells of unregistered securities and get there claims back too. It was the biggest pile of crap I ever hold.
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
if they were shorting with restricted shares then there are 2 possiblities...1) UC himself or family members 2) the JV partners. this is not in my opinion this is fact. there is only 1 place to get restricted shares & that is from CMKX itself. you can not buy resticted shares on the open market you can only get them from CMKX. so now your saying UC or 1 of his partners NS'ed cmkx...good thinking there legel...lol

Bill, read the 14C and note the Premerger syndicate members and the % of shares they own.
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
Thats the quacks phxgold theory bill. That the partners wanted to bankrupt the company by NSS so they could get the claims back from UC because in the agreement if the company goes bankrupt the claims revert back to the parnters. So they made money from the sells of unregistered securities and get there claims back too. It was the biggest pile of crap I ever hold.

And your proof that they didn't? You must have some since you are calling it what you are.
 
Posted by will on :
 
Do you know if anything of the above not to be true. All I see is a maybe from you, no proof of anything.

For instance:

W) Diamonds? NO!

Resp) So you have been in the secured facilities reported in the 14C to actually observe this for yourself?

Do you KNOW there is diamonds?
Reply, NO you don't!

The odds are heavily in the favor of Wallace's facts as opposed you to your suppositions.
 
Posted by Ric on :
 
The koolaid drinkers want us to believe it wasn't UC diluting shares but a hostile take over by the partners. But the thing that puts a huge hole in there daydreams is the fact that UC sponsors a race car, expensive, bought a 5 million dollar home where did that come from, Travels around the world and country man wish I could do that expensive, New Hummer sweet, High life in Vegas maybe he hope he can win your money back. But this wasn't UC.

Same printing press for shares must also print money.
 
Posted by will on :
 
Your proof that they did?
You must have some, to believe such nonsense.

quote:
Originally posted by legaleagle:
quote:
Originally posted by Ric:
Thats the quacks phxgold theory bill. That the partners wanted to bankrupt the company by NSS so they could get the claims back from UC because in the agreement if the company goes bankrupt the claims revert back to the parnters. So they made money from the sells of unregistered securities and get there claims back too. It was the biggest pile of crap I ever hold.

And your proof that they didn't? You must have some since you are calling it what you are.

 
Posted by Wallace#1 on :
 
legal, I don't know where the "other side" is, but I do believe you have passed over to somewhere and are passing it all back in a "windy" format! LOL
 
Posted by bill1352 on :
 
W) Diamonds? NO!

Resp) So you have been in the secured facilities reported in the 14C to actually observe this for yourself?
MY responce: have you seen them? from the looks of the drill rig i'm guessing a shead with a lock or maybe a rent a storage place.

W) Financials? NO!

Resp) Not in the midst of a hostile internal takeover, no.

My Resp: what takeover show proof. in fact 1 JV sold back his shares cause he wants away from cmkx.

W) Informative PRs? NO!

Resp) Same as above.

my: ya i wouldn't want to be like all those other mining companies taken over by debeers because of real prs.

W) Honesty? NO!

Resp) What "dishonest" act do you have proof of?

my: filing form 15 without calling the T/A first who under oath said cmkx had over 300 6 months before filing. so in 6 months they never called to check.

W) Shareholder Numbers? NO!

Resp) I believe the OBO/NOBO were released last week showing over 60,000
my: get real, does that give the share structure?
W) Required SEC Filings? NO!

Resp) Not yet. But same answer as above. Not in the midst of a hostile takeover.

My: not worth it

W) Proof of anything? NO!

Resp) Well I just posted the extensive holdings of the corp., yet I don't seem to be able to find them here anymore.

MY: meaningless unless the company actually explores for diamonds

Corp.Office where claimed? NO!

Resp) The corporation purchased a building for an office a few months ago, but occupancy became a legal issue and it is being resolved in court now. However, the SEC seemed to have no problem with finding them.

W) Corp. Records? NO!

Resp) They have them, just not giving them up at the moment.

MY: forgetting the pr saying many records missing? not perfect & all that?


W) Capable lawyers? NO!

Resp) Well Stoecklein was hired to get us squared away with the SEC. I didn't see any suspension, revocation or even a halt on Tuesday, so I would say he has proven himself capable so far.

As far as Glenn goes, we don't know if he was capable or not because he's not telling us, yet.

MY: Glen scammed UC even frizzy said about the same thing.


W) Reliable claim potential estimates? NO!

Resp) I believe they just announced on Friday that those will be issued in an upcoming 8K

my: wrong they annouced that they asked advice on where to drill next nothing else.


W) Twisted statements? YES!

Resp) And could you point out a "twisted statement"? And what the truth really was

MY: diamondferious...misleading at best. an attempt to push pps up while dumping shares is probable given the time frame & now know a/s increase.
 
Posted by Wallace#1 on :
 
legal wrote: "Resp) So you have been in the secured facilities reported in the 14C to actually observe this for yourself?"

No, legal, I haven't been there. Especially since I believe the so-called "secured facilities" are probably where UC plays pocket pool!
 
Posted by Ric on :
 
And I thought it was the tool shed with the master lock on it. lol


quote:
Originally posted by Wallace#1:
legal wrote: "Resp) So you have been in the secured facilities reported in the 14C to actually observe this for yourself?"

No, legal, I haven't been there. Especially since I believe the so-called "secured facilities" are probably where UC plays pocket pool!


 
Posted by legaleagle on :
 
How far do you have to stretch your imagination to think that CMKX has 1.1 million acres surrounding Shore and DeBeers, and haven't found any diamonds?
 
Posted by glassman on :
 
quote:
Originally posted by legaleagle:
How far do you have to stretch your imagination to think that CMKX has 1.1 million acres surrounding Shore and DeBeers, and haven't found any diamonds?

that's all they got...and it still requires somebody to actually roll up their sleeves and get their hands dirty......
 
Posted by legaleagle on :
 
kasparov
Diamond Finder


member is offline




Gender:
Posts: 85
SEC NEWS ON CNBC EUROPE 14/5
Thread started on: Today at 12:58pm

--------------------------------------------------------------------------------
By: micromanic1 SEC NEWS ON CNBC EUROPE 14/5:
15 May 2005, 01:14 PM EDT
Msg. 949427 of 949438
Jump to msg. #
SEC NEWS ON CNBC EUROPE 14/5


On CNBC Europe yesterday,

SEC warned investors that it could be a DISASTER TO INVEST in hedgefunds the next 6 to 9 month..

hm! wonder why?


so now the hedgefunds will be hit double hard! all the people that invested in them will pull out their money and also, the hedgefunds will probably have to cover their naked shorts....down the dumps they go!

Readin between the lines....deals have been made, SEC has been exposed. to much public pressure, SEC has been cought with their hands in the cookie jar. now they have to police their law's and enforce them.

Funny how SEC suddenly have a change of heart, and suddenly are conserned of the big investors.. its ok to steal from the small investors,but they warn the big investors.


Imo... We, the investors who are active against NSS(FRAUD) and pushing for a change are finaly seeing some results. we are a to big force to just ignore.
all the emails to senator's and media and an open letter to the president... regardless of how small contribution we all put in as individuals, it is important that we do something to combat NNS.

many small streams will form a big river !


small disclaimer
ALL OF THIS IS JUST MY OPINION AND THE QUOTES STATED MIGHT NOT BE EXACT or CORRECT
maybe i heard what they were saying, but did not understand what they were saying..

bigdiamond1
 
Posted by bill1352 on :
 
legel i think i can speak for everyone at allstocks with any knowledge of stocks... naked shorting costs all of us big time & is out of control. the SEC is long over due in getting it stopped. personally i thank you for posting that letter from the senator & i'm glad someone in power is finally pusshing for change.

now to cmkx, there will never be a ns squeeze or even a problem unless the float is under 200 billion & even then it wont be much because its 200 BILLION!!!! you want to see how it effects a real company look at ZAPZ. they have close to, if not over by now, $1 billion in orders for the Smart Car. thats $'s not shares. they have other products that bring in profits, 1 is sold by Target, the superstore. they canceled a finance deal that would have diluted the stock 2 months ago. the o/s is just over 30 million. about 63% is insiders or partner owned. the float is under 10 million shares. they are delievering the first Smart Car Tuesday & orders will start being filled. they have been on the SHO list for a few months. the pps is $2.62. to include cmkx in anything with a company or any other company like ZAPZ is an insult to honest hard-working companies that are busy building shareholder value, they aren't at the race track, they dont have huge homes (at least in ZAPZ case as i am related to an insider & know where some of the board lives). they are not living off selling shares.
 
Posted by Wallace#1 on :
 
LMAO - from legal's repost:

"small disclaimer
ALL OF THIS IS JUST MY OPINION AND THE QUOTES STATED MIGHT NOT BE EXACT or CORRECT
maybe i heard what they were saying, but did not understand what they were saying..

bigdiamond1"

BIG RESPONSE: NO SCHIT!!!!!
 
Posted by Wallace#1 on :
 
legal, there wasn't one of my posted FACTS that you responded to without avoidance or distortion.
I see you are still in la la land dreaming away.
 
Posted by legaleagle on :
 
That's what you call them. LOL
 
Posted by Upside on :
 
How is it that when Urban bought the Cybermark shell his land claims had a value of 13 million and now they're into the trillions? I know real estate appreciates but wow, that's one heck of a return.
 
Posted by Ric on :
 
I have heard this several time now. Whats the take on this statement.


"Helen Bagley, Transfer Agent for CMKX testifying at the CMKX hearing; As of Dec 2004, 2 trillion shares were issued by CMKX at that time shares were surrendered leaving an O/S of approx. 778 billion shares."
 
Posted by ed19363 on :
 
Legal, you seem to think you're something special here. Yes, you post facts when they are PRs from the company...but we ALL get them. There is no need to repost every one...we can read.
That goes for reposting of your cronies' posts, too. We are tired of the IMO crap. Your opinion, those of Dr.D, Sterling, and whoever you wish to quote dont make a hill of crap. As they used to say, money talks, bullsh++ walks.
The only USEFUL information will come from the company, not from the guesses of Koolaid drinkers nor frustrated shareholders. And we are all intelligent enough to find them, we dont need you to repost everything and waste space just because you like to read your own name.
So take your own advice, shut up and wait for PRs or other word from the company, and dont believe anything else either positive or negative.
Whatever happens to this company will happen because of something the company does, not because of anything you say, do, or quote here.
Your diarrhea pumping gives me diarrhea at the other end.
Oh, by the way, if you ever come up with anything that does NOT contain any of the following words, I'd be happy to hear from you:
IMO, opinion, think, guess, according to, he said, she said, or any other term denoting supposing something has happened, or MIGHT happen.

BYE for now
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
I have heard this several time now. Whats the take on this statement.


"Helen Bagley, Transfer Agent for CMKX testifying at the CMKX hearing; As of Dec 2004, 2 trillion shares were issued by CMKX at that time shares were surrendered leaving an O/S of approx. 778 billion shares."

I called and spoke to Helen the day after her testimony. It simply means that 1st Global had issued 2 trillion shares total. Certs are issued when a purchase is made and surrendered when sold. It is just total volume of all shares bought and sold; all certs issued and returned.
 
Posted by Ric on :
 
Actually dd, lol. Just kidding. You didn't bother to ask what the float was did you? Not sure why Frizzle didn't ask her that in court. I understand why CMKX didn't and the SEC only cared about the total shares issued but I would have thought that would be important for the OG.
 
Posted by bill1352 on :
 
ric, i think the float would go to ns theories or problems. its obvious why cmkx never brought it up, it has nothing to do with the reason they were in court so the sec could careless & the judge might not even allow it if asked. i can't believe the SEC would object because it is the 1 main proof for a scam. if the float is 600 billion or more most of the cult will disappear, 500 billion & 1/2 will, 400 billion & i bet the cult grows as foolish as that sounds. the t/a may not have that info either. might shead a few clue's tho. UC's 5th & frizzy might not want to know, it might kill his play in all this.
 
Posted by Ric on :
 
You mean kill his cash don't you. Can't make it on the stock, but can make it on the stockholders.
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
Actually dd, lol. Just kidding. You didn't bother to ask what the float was did you? Not sure why Frizzle didn't ask her that in court. I understand why CMKX didn't and the SEC only cared about the total shares issued but I would have thought that would be important for the OG.

You must have missed some of the Frizzell letters to OG. He has a confidentiality agreement with Stoecklein. He knows the float, and that's good enough for me, for now.
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
ric, i think the float would go to ns theories or problems. its obvious why cmkx never brought it up, it has nothing to do with the reason they were in court so the sec could careless & the judge might not even allow it if asked. i can't believe the SEC would object because it is the 1 main proof for a scam. if the float is 600 billion or more most of the cult will disappear, 500 billion & 1/2 will, 400 billion & i bet the cult grows as foolish as that sounds. the t/a may not have that info either. might shead a few clue's tho. UC's 5th & frizzy might not want to know, it might kill his play in all this.

And how about under 100 billion?
 
Posted by glassman on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by Ric:
Actually dd, lol. Just kidding. You didn't bother to ask what the float was did you? Not sure why Frizzle didn't ask her that in court. I understand why CMKX didn't and the SEC only cared about the total shares issued but I would have thought that would be important for the OG.

You must have missed some of the Frizzell letters to OG. He has a confidentiality agreement with Stoecklein. He knows the float, and that's good enough for me, for now.
so he's complicit then?

you guys trip me out....
 
Posted by bill1352 on :
 
legel, you take the cake & it is a sad state of affairs that your not alone. everybody can know the float except the ppl putting cash on the stock. god forbid the shareholder has a clue to the belief the insiders have in the stock, as in owning some of it. silly investors wanting to know something about the company & the h**l with the laws saying they have that right, i mean cmkx just isn't any old company.
 
Posted by Ric on :
 
If he knows as Legal suggest then why does he keep saying statistically we can prove NS (of course he doesn't know the meaning of the word). If its true that he knows float and can't say because of a confidentiality agreement then by his own statement float hasn't been covered yet. Or he is a liar one.
 
Posted by bill1352 on :
 
Ric...logic man, you know thats not allowed...lol
 
Posted by Wallace#1 on :
 
legal posted:

"You must have missed some of the Frizzell letters to OG. He has a confidentiality agreement with Stoecklein. He knows the float, and that's good enough for me, for now."

legal, you said the same thing about Roger Glenn and the hearings proved he accomplished nothing...except cost shareholders $$$$s that UC might have enjoyed wasting on something else. That proof did not come from the SEC or the Judge, it came directly from CMKX's witnesses. If you remember, even UC alluded to that very same thing some time back and I told you he was going to try to throw RG to the wolves.
 
Posted by Wallace#1 on :
 
Damn, I'm good. Just finished repairing a laser printer that kept grabbing more than one sheet of paper and jamming. Damn, I AM good!!!

Took that sucker all apart, repaired it, put it back together and it works like a charm.

DAMN, I AM GOOD!!!
 
Posted by Upside on :
 
Think you could fix my lawnmower?
 
Posted by Wallace#1 on :
 
A lawnmower would be a snap! Or maybe a Snapper.
 
Posted by legaleagle on :
 
No he's an attorney helping us break the naked short. That is good for the company,too. So they are co-operating. He would only be complicit if CMKX was committing a crime and he assisted them.
 
Posted by Ktrain420 on :
 
Edward sizzor hand's cut grass for a living.......lol......i think i may have had a few tooooo many drinks.......
 
Posted by Wallace#1 on :
 
I KNEW IT!! NOW THEY ARE CHANGING AGENDAS.

As per legal:

"No he's an attorney helping us break the naked short."
 
Posted by Wallace#1 on :
 
K,

Waasssaaaatttt!
 
Posted by legaleagle on :
 
DrDiamond
Global Moderator


member is online


Dr.D and Ron Casavant




Gender:
Posts: 999
Hi Everyone: Casual Weekend Comments
Thread started on: May 15th, 2005, 11:38pm

--------------------------------------------------------------------------------
Hi everyone.
It is nice to start seeing a rebirth to the support for Urban.

There is always more to anything we see, hearing or otherwise, than what meets the eye.

Someone mentioned in an earlier thread that these are times when you see who is really faithful to the truth and to the company and possibly those that have been hanging back waiting for an opportunity to pounce.

IMHO, Urban, Rendal, and Ed are making decisions based upon what needs to happen in these times and they needed to get away from all of the ears that could be listening in so they could make some definite plans. Ecuador is as good a place as any seeing we have business there.

No one likes an SEC investigation, little long having two of them going on at the same time so it would not be surprising to see these companies that have been seemingly joined at the hips to begin creating a little distance between themselves until smoother waters, if you know what I mean.

USCA needs to be back on the OTCBB with the regulators behind them and CMKX needs to get this hearing and the regulators behind them and emerge fully reporting back onto the pinks with higher goals in site.

We are all shareholders of both companies and that was the original goal of Urban, Ed, and Rendal and that has been accomplished. We have both companies working together in Ecuador and I don't think anything is going to change that, but I would think that future joint ventures may be delayed even if it is part of the plan.

Once the difficulties are worked out in the regulatory areas then, IMHO, there will be a combined effort of joining forces and moving ahead with new ventures.

I thoroughly enjoyed the races and meeting all of the shareholders that attended. If I try and list them all, I am sure I will leave someone out so, I will simply say we had a great time and thanks to all for introducing yourselves to me, the pleasure was all mine, I assure you.

We talked quite a bit about the Hearing, the claims, Urban, Ed, and Rendal, the potential of CMKM Diamonds, possible new JV partners, the new PR, and more... Very intelligent investors out there for sure. It is surprising, although it shouldn't be I guess, how many are out there doing there DD and staying on top of the action with the company.

Everyone I spoke with was very supportive of the company and the Urban/Maheu combination. Most were looking forward to getting the hearing over and CMKM Diamonds being able to focus on the company structure, developing the assets, and building value. Most everyone was very confident that the judge would see the effort/progress towards reporting, the shareholder base, the value of the company and would give the company ample time to finish the filings.

We all agree that the filings should be the most important focus of the company right now. The filings being procured to enable the company to comply should bring forth the information most have waited on anyway.

Mr. Tony Bartone was all business, but did take time for a hello and a photograph or two. My son Christopher spent most of Saturday playing with Tony's son Anthony which they both seemed to enjoy very much.

I did meet up with Jeff Arend and he was very friendly. We spoke about his Friday run that was pretty phenomenal, but for some reason they disallowed the 550+ MPH run. Go figure? We spoke casually and briefly as I could tell he was also about his business and I did not intend to get in his way. I would love to find a way to get Jeff a shareholder tent and Tshirts like Tony and crew has for the shareholders. I almost felt like I had to chose teams when I was there and I was pulling for both of them equally. Jeff had previously made a comment that I had been spending too much time around the "red shirts" (aka Tony's Team - LOL) and sure enough when we met up, I was standing with Ron Casavant in Tony's shareholder area. I clinched the front of my "red Tony Bartone shirt" and headed over to greet him, which he laughed at my gesture and shook my hand. Great guy.

I won't keep you any longer.

I almost forgot about the PR.

Great news IMHO.

I believe it is evident that Mr. Jarvis is being employed to help generate claims value IMHO. The EITF has been working to generate a formula for placing value on claims that the minerals are still in the ground. With our Winter drilling program, probably at an end now, we will begin moving into a spring/summer program. The winter program should have produced some core samples and lab results that when combined with Mr. Jarvis' information can very possibly render our immediate claims with "Proven and Probable" minerals that could place much more value in those identified claims in line with the FALC Diamond Project.

More on this later as I am just getting settled back into the house from the races along with a late meeting today and it is already very late.

Success is still at hand!

Be well.

These are just my opinions and I ask that you treat them as such.

Dr.D
 
Posted by Dustoff101 on :
 
Many of you on this thread are highly skilled in your research abilities and communication skills..

Please help out in any way can..

Multi task cancer drugs are showing incredible results........

News is breaking..

Threads are started on the Hot stocks and offtopic threads...

This is no prank.

Dustoff101
 
Posted by BuyTex on :
 
I'm standing by: please advise
 
Posted by Dustoff101 on :
 
[QUOTE]Originally posted by BuyTex:
[QB] I'm standing by: please advise

# 1 research and communication skills..
# 2 indenify the drugs and corrisponding
companys..
# 3 most important, support those with cancer..There is truly new hope.

Dustoff
 
Posted by BuyTex on :
 
D, we need more. slow down. cmon man the market doesn't open for another 4.5 hours...take a deep breath and explain what's got you so riled...
 
Posted by Dustoff101 on :
 
Moniter CNBC or any other news source you can..

This could get very intersting, monday in the am..
 
Posted by BuyTex on :
 
all, we spoke on the phone. looking into this
http://story.news.yahoo.com/news?tmpl=story&cid=534&e=1&u=/ap/20050516/ap_on_he_me/cancer_surprise

stay tuned.
 
Posted by BuyTex on :
 
making a single thread now...
 
Posted by legaleagle on :
 
Equity Bridges Financial Relations: CMKX Stockholders unification, a possible beginning to the end of naked short sales
May 16, 2005 (M2 PRESSWIRE via COMTEX) --
Wayne Pedersen, President of Equity Bridges Financial Relations, comments on naked short sales and strongly urges every investor of CMKX to send Frizzell Law a copy of their statement(s) to prove beyond a reasonable doubt naked short sales exist in CMKM Diamonds Inc. (Pink Sheets: CMKX).

Attention all stockholders of CMKX. I am sending out a very important request, asking all stockholders to help their fellow man by sending in your CMKX holdings to the Frizzell Law Office. Everyone needs your help. The campaign has been going on now for a little longer then a week and the response so far has been great with around 10% of stockholders.

We can all be a part of history if you help your fellow man. Bill Frizzell told the honourable judge, Brenda P. Murray, that CMKX does not have 800 billion shares but that CMKX has trillions of shares (stock) due to naked short sales.

I want everyone to understand how large of an event this could be if a forced short cover happens as a result of Bill's efforts. Even if you hold a small amount of CMKX stock you owe it to yourself and to your fellow man to send in your documentation. Bill Frizzell is for real and his passion for helping all of us with the naked short sale issue is above reproach. Please take five minutes out of your busy day to help Bill's efforts. Bill wants to show the judge beyond a reasonable doubt that we have more stock in stockholder accounts then the authorized shares of 800 billion in addition to the evidence he already has.

I want everyone to take a minute after reading this and think about the possibilities. Naked short selling is illegal and if you help Bill prove beyond a reasonable doubt that CMKX is heavily naked shorted you may be rewarded in the form of a forced cover. If in fact we do have a forced cover with CMKX either inside the market or outside, we will have made history not only for CMKX but also for all other viable Microcap Companies that are victims of this crippling counterfeiting. Once naked short selling is addressed in one company via a "forced cover", parties involved with this type of selling may stand up, take notice and act more responsibly.

** DIRECTIONS TO SEND YOUR STATEMENT IN **

1)Locate your most recent statement

2)Take a felt marker and cross out your other holdings and your address (if you wish)

3)If you have other brokerage account statements follow step 2

4)Fax your statements to Frizzell Law Office at 903-595-4249 (if the line is busy keep trying)

NOTE: If you have multiple stockholders in your family, each statement needs to be faxed separately. Please do not email your statement in. This is causing some troubles as far as printing to 81/2 X 11.

Thank-you in advance to John Martin, Bill Frizzell, CMKX Owners Group, and all stockholders of CMKX in helping all of us in our fight for "what is right". We need to become shareholders again and not stockholders.

In addition to registering your stock it also important to register your name with the CMKX Owners Group. For a mere $25 you can be personally represented Frizzell Law. That is similar to the cost of a commission. Visit: www.cmkxownersgroup.com

The world is a dangerous place, not because of those who do evil, but because of those who look on and do nothing.

-Albert Einstein

HELP YOUR FELLOW MAN AND HELP YOUR NEIGHBOR

Equity Bridges Financial Relations (EBFR) has been in business since 1999 and has represented over 100 Companies. EBFR is committed to investors as much as we are committed to companies.

We firmly believe that keeping investors well informed is one of the most important functions of a publicly traded company. "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.

We do not give out, buy, sell or hold advice to anyone. We have not been compensated in any way to publish this report. Full disclaimer/disclosure is located at: www.equitybridges.com/cmkxdisclaimer.htm

Join Equity Bridges Newsletters email: maillist@explosivestockpicks.com .

CONTACT: Wayne Pedersen e-mail: info@equitybridges.com

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 .


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

(C)1994-2005 M2 COMMUNICATIONS LTD
 
Posted by WinsumLosesum on :
 
CORRECTING and REPLACING CMKM Diamonds Discloses Drilling Report
Business Wire - May 16, 2005 09:30

LAS VEGAS, May 16, 2005 (BUSINESS WIRE) -- The quotation from Urban Casavant (dated May 13, 2005) was misstated.

The corrected release reads:

CMKM DIAMONDS DISCLOSES DRILLING REPORT

CMKM Diamonds Inc. (Pink Sheets: CMKX) today announced receipt of a drilling report prepared by William Jarvis on the Fort a la Corne Diamond Project.

The drilling report was commissioned for CMKX by 101047025 Saskatchewan Ltd. Mr. Jarvis was asked to report on and make recommendations for the kimberlite exploration program. The scope of work completed included:

-- a review of the Geological setting as it relates to kimberlite and diamond exploration;

-- an examination of the geological and geophysical data provided by the company;

-- a review of published geological reports and maps; and

-- a visit to the area of the concession.

"We are pleased with the receipt of Mr. Jarvis' report and plan to use his comments in assisting us as we move into our summer drilling program," stated Urban Casavant, president of CMKX.

A copy of Mr. Jarvis' report will be filed as an exhibit to a Form 8-K and will be available through the SEC's website (www.sec.gov).

CMKX reminds its stockholders and the investing public that all corporate updates will be made solely through press releases and/or current reports on Form 8-K as and when they become available.

Forward-Looking Statements:
 
Posted by WinsumLosesum on :
 
Original quote:
"We are pleased with the results of Mr. Jarvis' report and are now moving toward commencing further drilling as we move into our summer drilling program,"

Corrected quote:
"We are pleased with the receipt of Mr. Jarvis' report and plan to use his comments in assisting us as we move into our summer drilling program,"
 
Posted by JEAL on :
 
Morning all -
Hope everyone had a good weekend.

Now, I am far from an expert in any of this. But I read the JEF letter and it appears to me that they ( Jefferies ) have the same issue as CMKX.
In using the word issue, I refer to that fact that ooppps - we made a mistake ( pop-up window, BRASS and ACT interface ) - and now we are asking for help from the governing body ( NASD ) to help fix this issue. That seems to be an awful lot of non-taped shares....111,780,681,204

Seems like almost all parties have contributed to this mess...

If JEF was acting as the MM for this, is it possible that there are others that may have had this same issue?
 
Posted by Wallace#1 on :
 
ALERT TO ALL CHRISTIAN TRADER, OG AND CMKX CULT MEMBERS:

As per legal's repost of DrDs post, here is another contributory program concerning Jeff Arends for all of you to jump on the bandwagon:

"I would love to find a way to get Jeff a shareholder tent and Tshirts like Tony and crew has for the shareholders."

GET WITH IT FOLKS!! Just a few dollars more from each of you will make this minor effort a huge success. We can "find a way to get Jeff a shareholder tent and Tshirts"! JUST INVOLVE YOURSELVES A LITTLE! How about sending me just a little bit of money? $5.00 or $10.00 from each of you should do the trick. That would work out to ONLY $25,000/$50,000 dollars JUST to get STARTED on this well deserved project. SHOW JEFF AND UC YOUR SUPPORT AND GENEROSITY!!! GIVE!
 
Posted by ed19363 on :
 
I gave at the office.
IMO, it's way past time for UC to GIVE US something besides fluff.
I wouldnt put any more money into this chit if it was somebody else's.
 
Posted by bill1352 on :
 
as i said & unlike anything dr.d said all this guy did was look at data & suggest where to drill the next hole. it has nothing to do with value of the claims, it has nothing to do with will cmkx find diamonds. it has nothing to do with any core sample or even if they have core samples. remember the ones locked away in the highly secure tool shed are from the carolyn pipe which cmkx let go to a new company...not part of cmkx, at least not yet & no real proof they ever will be.

Corrected quote:
"We are pleased with the receipt of Mr. Jarvis' report and plan to use his comments in assisting us as we move into our summer drilling program,"
 
Posted by bill1352 on :
 
good old dr d brought up the winter drilling program, i seem to remember cmkx saying something about having 1 to. but does anyone remember what it entailed?? it could have been 1 hole drilled on a monday in january. it could have been 500 holes. no word on if they hit kimberlite or found lost incan gold. no word on anything. and dont give me that crap about hiding from debeers, no other company anywhere else in canada is hiding. & if there is an OG thats going to fix a NS then giving real provable value is a great way to help cover a NS. until cmkx starts acting like they have shareholder with a legel right to company info any thing they say is a load of crap.
 
Posted by Ric on :
 
Exactly right bill, It seems like no other company big or small are keeping secrets. I mean all companies keep some things private but still most I have read about have bragged at what they have recovered. The big problem is it is very expensive to find a needle in a hay stack. Sure if you find it then its all worth while. UC found out that and seen it was a lot easier to make money from us then spending it all on a hope we can. If I am wrong, its easy to prove. Give any money made from mining. Give any for mining expense. It will have to be from this year because they already stated at the hearing there was no mining expense for 2004. AND GIVE share structure, whats so hard about that.

All I ever hear from the cult to is how they are going to make a fortune from the big squeeze. I think they are starting to realize they won't make anything from the stock any other way. 704 billion is a lot to cover. I love to hear, well if we hit the big one and find a 70 billion claim then we all will be rich, lol. But all seem to forget the expense before and after any so called find. Drilling cost, exploration cost, employee cost (which I have never heard of any, is there any employees?), Miners union is expensive, refining cost, distribution cost, the middle man, and after all that and more we might get something. The hotel that I ran made 1.6 million dollars last year but after expenses we cleared 76 thousand, thats all.

Printing shares are low cost and great profit.
 
Posted by bill1352 on :
 
i think i agree Ric. back before 2003 UC seemed as if he was going after diamionds in earnest. but since then i to think the cost & risks changed his tune. it seems to have changed early in 2003 maybe late 2002. right now unless UC & insiders own 650 billion shares cmkx will never see .001 again.
 
Posted by Ric on :
 
I know I don't suppose to bring logic into this bill but sometimes I can't help myself. So

If UC is trying his best to get filings done and become reporting, then why not give us the basic information on the company? I would think the Judge would see it as proof the company is working on filing.

Why is the TA still gagged? Why not let her tell us what float is or insider share count?

Why not tell us if there is or has been driling if its going to be in filings anyway?

Why not tell us if we have diamonds or not?

Why not tell us the JV partners did this if phxgold's story is true?

Of course I know the answers but still if legal is right then why not answer these questions instead of continuing to keep it from us.
 
Posted by Wallace#1 on :
 
As Will says, BUY CMKX! BUY CMKX!

As I said, GIVE FOR JEFF'S TENT! GIVE FOR JEFF'S TENT!


Buy! Buy! Buy! You "sly" Christian Trader members!
Dip! Dip! Dip! You "hip" Cult/OG members!
 
Posted by Wallace#1 on :
 
bill made reference to CMKX's "the winter drilling program".

I am sure he will agree, but I see nothing more than a statement about a "supposed" winter drilling program". No content as to specifics. No locations, not even the dead Carolyn pipe. No results. Nothing as usual! Again, another typical ruse to keep the suckers hooked. That UC sure is a "fisherman of men".
 
Posted by bill1352 on :
 
i didn't think it held any details Wallace, i sort of remembered a winter drill mentioned somewhere. i also didn't think it was worth looking back for either as nothing has been said about it since. of course the cult will counter with the same old crap about not letting out the true value when so hugely NS'ed & hiding it from debeers. of course since the SEC said something about not hearing valuation in court the cults tune has changed. now its something the company wants out but are not allowed to announce. plus the new story of old partners & the hostile takeover. honestly, is UC so lucky as to get a group of shareholders so blinded that at every turn they come up with new & improved excuses or does UC have plants on the boards starting these excuses at every leak of info or every time the cult starts to get tired of waiting on the soon to be filed whatever? i'm starting to think that the pro cmkx boards have a few plants that read the mood of the cult & when it starts turning sour they eat a bunch of magic mushrooms & tape whatever drug induced theories come out & then they run with the best sounding crap.
 
Posted by Ktrain420 on :
 
BUY CMKX!!!!
 
Posted by Upside on :
 
Posted by Ktrain:
quote:
BUY CMKX!!!!
Group play?
[Big Grin]
 
Posted by bill1352 on :
 
i think if we get about 200,000 ppl to buy 1 million each we might get it to run up to .0001
 
Posted by glassman on :
 
i didn't think it held any details Wallace, i sort of remembered a winter drill mentioned somewhere.

found it!!!!!

 -
 
Posted by xyz on :
 
I didn't know they had a working drill that big. We are rich.
 
Posted by mydogsky on :
 
Man isn't this dead yet so i can claim this on my taxes as a POS? I looked, my tax form as a specific field for POS stocks. I think they are going to rename it next year and call it the CMKX field. IMO...I don't want to be sued by UC, i mean, i've already given him enough of my money.

Go ahead..take another star from me!
 
Posted by ed19363 on :
 
Every company involved in finding diamonds, gold, or other minerals is reporting the results of their drilling.
Why is CMKX not saying a thing? Cause we've been scammed by UC? No drilling expenses for 2004 means we havent had a drill touch the ground in a year. Cant have results if ya dont drill. Get ready UC, your day of reckoning is approaching. Sooner or later the faithful will wake up and you will have one helluva law suit on your hands. Enjoy the house while you can.
 
Posted by Wallace#1 on :
 
Glass,

Glad you found their drill. I was going to send them an old one used on wine barrels years ago. It's called a bung hole drill.
 
Posted by Upside on :
 
quote:
It's called a bung hole drill.
I'm pretty sure Will owns one of those.
 
Posted by Wallace#1 on :
 
Naaawwww! I doubt it....he's a young punk.
 
Posted by bill1352 on :
 
glass that the most productive DD done in over a yr...thanks.

Ed, those expences were for mining not drilling. as if it mattered, just figured i'd beat legel to the punch & put the cult spin on it...lol

on a personal note i'm checking myself into a mental rehab, if i can guess the cult spin before they post it i'm in serious trouble...lol
 
Posted by Upside on :
 
Originally posted by bill1352:
quote:
on a personal note i'm checking myself into a mental rehab, if i can guess the cult spin before they post it i'm in serious trouble...lol
Gonna be out before the road trip?
 
Posted by bill1352 on :
 
i'm hoping too..lol i only drink water & coffee so it can be a kool-aide side effect.
 
Posted by glassman on :
 
i hear thorazine counter-acts the koolaid buzz best...
 
Posted by bill1352 on :
 
anything is worth a try...thinking like the cult is dangerous & may cause long term damage.
 
Posted by glassman on :
 
so does thorazine..LOL who cares?

thorazine is harder on the nervous system than haldol....

CNS Effects of haloperidol

Extrapyramidal Symptoms (EPS)EPS during the administration of HALDOL (haloperidol) have been reported frequently, often during the first few days of treatment. EPS can be categorized generally as Parkinson-like symptoms, akathisia, or dystonia (including opisthotonos and oculogyric crisis). While all can occur at relatively low doses, they occur more frequently and with greater severity at higher doses.In certain of these cases the dyskinetic movements are indistinguishable from the syndrome described below under "Tardive Dyskinesia" except for duration

 
Posted by bill1352 on :
 
if it leaves you brain dead then maybe thats the cmkx kool-aide secret ingrediant..lol
 
Posted by legaleagle on :
 
Sorry guys, nothing to post or re-post tonight. Deadest I have ever heard the boards or chat rooms. Sort of foreboding, huh?
 
Posted by bill1352 on :
 
yep legel, maybe they need to strenghten the kool-aide...lol. seriously legel, i'd love to see the company file. both sides need closier, both sides need to know who was right & have proof. the only place proof can come from is cmkx. it would be a crying shame to have cmkx closed down without the facts coming out.
 
Posted by legaleagle on :
 
Don't worry bill, won't happen
 
Posted by bill1352 on :
 
i'm not so sure about that legel. if cmkx goes to july 15th without filing the judge will have almost no choice but to close it down. too many said on the stand they couldn't get the info needed to file. i'm also guessing if they file something it will not include insider shares. & if shut down not 1 lousy word will come out from the company.
 
Posted by glassman on :
 
and the money just disappears....dang....
 
Posted by big d on :
 
FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
(903)595-1921
Fax (903)595-4383
E-Mail jmartin@cmkxownersgroup.com


May 16, 2005


U.S. Securities & Exchange Commission

FOIA Office, Stop 0-5

6432 General Green Way

Alexandria, VA. 22312-2413


Re: FOIA Request on behalf of CMKX Shareholders


Dear Sir or Madam:


Under the Freedom of Information Act (FOIA), please send me the following:


1. The most current records the SEC has received from the National Securities Clearing Corporation (NSCC), as it relates to fails-to-deliver (in shares) for CMKM Diamonds, Inc. (CMKX) for the period of April 1, 2005 through April 30, 2005 (hereafter referred to as [time period]). I am requesting that you provide this information by clearing firm. I will accept totals if for some reason you are not able to provide this information by firm. I am prepared to pay any reasonable fee for your charges in the search and retrieval of this information. It is my understanding that this information is provided to you on a regular basis pursuant to Regulation SHO.


2. In connection with 1. above, please provide all Rec. A Sheets aka Reconciliation Clearing Sheets for CMKM Diamonds, Inc. during the relevant time period.


3. All written information from your office to the NASD regarding your inquiry into the stock trading history of CMKM Diamonds, Inc. (CMKX) since January 1, 2003. Specifically I am requesting any written inquiry made by your office to the NASD regarding the outstanding stock of CMKX. This inquiry resulted in a letter by Jefferies & Company, Inc. to Ms. Anne Glowacki at the NASD on May 6, 2005. See attached Exhibit A. This request includes any information which may be contained on a Blue Sheets request or any response from any parties to such Blue Sheets request. This includes responses received through the EBS. This request applies to the response of any market maker, broker/dealer or other firm that has provided information as a result of this inquiry or investigation.


This request is being made on behalf of 5,050 shareholders of CMKX stock. These shareholders own over 300 billion shares of common stock. This number does not include shareholders who possess certificates of ownership. A current NOBO/OBO list has confirmed that there exists a minimum of 59,669 accounts in various firms with holdings of CMKX. A December 2004 certificate detail report from the transfer agent states that 2033 people hold certificates of ownership. Those certificates represent 326 billion shares being held by individuals other than Cede and Co. By these numbers 626 billion shares are owned by only 7,083 shareholders. The company states that 703 billion shares are issued and outstanding. The CMKX shareholders that own the balance of the 59,669 accounts (an estimated 50,000) are confirmed owners of the remaining of the outstanding stock. I trust you can understand our need for the information requested in this document. I will be glad to provide you with documentation of my groups share ownership upon your request.


I am mindful of all exemptions applicable in the Freedom of Information Act. I am mindful also of the pending litigation between your office and others who have made similar requests in other securities. On May 11, 2005 I met with Leslie Hakala, SEC Enforcement Attorney, Gregory Glenn, SEC Chief Litigation Counsel, and Andrew Petillon, Branch Chief of Enforcement at the Pacific Regional Office in Los Angeles regarding issues over CMKX stock. I was asked whether or not I had requested this information through a Freedom of Information Act request and I informed these individuals that I had not made a FOIA request. I am making this request in light of their inquiry. These documents are being requested solely for informational purposes.


I have the authority of my clients to enter into any reasonable confidentiality agreement as to specific names and numbers, but I fully intend to inform my clients of the general findings from your documentation. If you should refuse this request, I will follow the procedures outlined by statute and we will seek this information through litigation. I am hopeful you will be mindful of the mission statement of the SEC and consider this request in light of your obligation to protect the investing public.


I await the response from you per the timelines set out in the statute.


Sincerely,


Bill Frizzell
 
Posted by greatgreta on :
 
I realize that I will sound amateur about the CMKX stock, but I am just now hearing about it.

I had a tip from a friend to buy into this stock, but have never bought a penny stock before.

Can anyone give me advice on this investment? [Confused]
 
Posted by bill1352 on :
 
i'd do nothing greta. it will probably be shut down on july 15th. if they prove a NS you'll be able to buy in at .0001 any time between now & then.
 
Posted by JEAL on :
 
Anyone know a good on-line borker for Canada?
Trade US , CDN , pinks, grey etc....?
 
Posted by ed19363 on :
 
quote:
Originally posted by greatgreta:
I realize that I will sound amateur about the CMKX stock, but I am just now hearing about it.

I had a tip from a friend to buy into this stock, but have never bought a penny stock before.

Can anyone give me advice on this investment? [Confused]

Stay away from it. We are inches away from being shut down. IMO this puppy aint goin nowhere.
 
Posted by Doctoall on :
 
quote:
Originally posted by greatgreta:
I realize that I will sound amateur about the CMKX stock, but I am just now hearing about it.

I had a tip from a friend to buy into this stock, but have never bought a penny stock before.

Can anyone give me advice on this investment? [Confused]

SCAM= CMKX lots of investors lost a bundle on this stock the rest of us will loose our stake in this stock no later than July 2005.

Best advice I can give is do not drink the "Kool Aid" and become a faithful in this dead stock [Big Grin]
 
Posted by Upside on :
 
I agree that it's probably going to be shut down, BUT, if you're strictly thinking about a crap shoot stock, this is it. If they're shut down, you lose everything, if they're allowed to continue operating, there has to be a reason why that we're unaware of right now and you could make a substantial gain. In my opinion though you've got a better chance of a return at a craps table. If you're actually looking for an "investment", stay away from this one.
 
Posted by Wallace#1 on :
 
OK, guys, check out the following from legal's repost of FrizzleFrazzle's letter and tell me if you think Frizzle might have just inadvertently shown that over 51% of the Common Stock is in public hands:

"This request is being made on behalf of 5,050 shareholders of CMKX stock. These shareholders own over 300 billion shares of common stock.

This number does not include shareholders who possess certificates of ownership.

A current NOBO/OBO list has confirmed that there exists a minimum of 59,669 accounts in various firms with holdings of CMKX.

A December 2004 certificate detail report from the transfer agent states that 2033 people hold certificates of ownership. Those certificates represent 326 billion shares being held by individuals other than Cede and Co.

By these numbers 626 billion shares are owned by only 7,083 shareholders.

The company states that 703 billion shares are issued and outstanding.

The CMKX shareholders that own the balance of the 59,669 accounts (an estimated 50,000) are confirmed owners of the remaining of the outstanding stock."
--------------------

Pay particular note of the first quote above. Here, Frizzle is speaking of the CT, OB and Cult Members....public shareholders w/over 300 billion shares.

The 2nd quote states that it does not include shareholders with certificates of ownership, therefore:

Logic and CMKX's previous encouragement to possess physical certificates strongly suggests that there are more public shareholders and that insiders and majority shareholders have been excluded from that count of over 300 billion shares.

4th quote states that 2033 shareholders with certificates represents 326 billion shares. That 2033/326 billion shares has to include UC, family, insiders and majority shareholders. Now, just assume for ease of figuring all of these shares are held by insiders and that none are public.

5th, 6th and 7th quotes appear to confirm that out of either 703 or 779 billion outstanding shares that there would have to be well over 377 billion (53.6%) or 453 billion (58.2%) in public shareholder hands....PUBLIC FLOAT.

Correct me if you think I am wrong. It appears that the figures bill and I have stated as the probable public float would then have to be around 500 billion to 600 billion shares, since a good deal of that amount of 326 billion held by 2033 shareholders must also include the public shareholders.

If correct, that could be the reason why Urban Casavant is refusing to release shareholder structure. It would also lead to a conclusion that there are is no NSS situation as of the present.
 
Posted by ed19363 on :
 
Too much math....dulls my brain.
I wanna hear it from the company.
Soooooooon
Can you hear it?
 
Posted by legaleagle on :
 
Thanks for the credit Wallace, but BigD brought that to the board.
 
Posted by bill1352 on :
 
i agree wallace...the OG site now has just under 400 billion listed of which 30 billion are cert shares. those cert shares have to be part of the total cert shares thus 296 billion are still in question of who owns them, insider or public. i would guess that most of the cert shares in the public are part of the OG & that number hasn't changed in a while.
 
Posted by Upside on :
 
You mean just under 300 billion, right Bill?
 
Posted by legaleagle on :
 
Earlier count was flawed. Here is current

Street Shares: 267,035,169,355 Cert Shares: 30,824,093,683
Total Shares: 297,859,263,038 Signed Agreements: 5071
 
Posted by Wallace#1 on :
 
That's 0k, legal. Still have that bad cold so am very groggy. Sorry big d!

[ May 17, 2005, 16:19: Message edited by: Wallace#1 ]
 
Posted by bill1352 on :
 
it did say 397 billion earlier today didn't legel??? last nite i was worried being around the cult effected my thinking, now is it effecting the way i see numbers too??? god help me, this is not a good thing...lol
 
Posted by TANGO42 on :
 
quote:
Originally posted by Wallace#1:
ALERT TO ALL CHRISTIAN TRADER, OG AND CMKX CULT MEMBERS:

As per legal's repost of DrDs post, here is another contributory program concerning Jeff Arends for all of you to jump on the bandwagon:

"I would love to find a way to get Jeff a shareholder tent and Tshirts like Tony and crew has for the shareholders."

GET WITH IT FOLKS!! Just a few dollars more from each of you will make this minor effort a huge success. We can "find a way to get Jeff a shareholder tent and Tshirts"! JUST INVOLVE YOURSELVES A LITTLE! How about sending me just a little bit of money? $5.00 or $10.00 from each of you should do the trick. That would work out to ONLY $25,000/$50,000 dollars JUST to get STARTED on this well deserved project. SHOW JEFF AND UC YOUR SUPPORT AND GENEROSITY!!! GIVE!

Are you confusing the race driver Jeff arends with Jeff of Jeffries th emarket maker ?
 
Posted by TANGO42 on :
 
WHY
If UC was scamming everyone why would he:
1-Spend so much money on legal work
2-go before a hearing
3-Visit ongoing mine projects
4-continue drilling claims
5-Continue buy more claims
6-Selling claims that have little value
LEFTY
 
Posted by ed19363 on :
 
Answers to all above:
To try to keep his butt out of jail!!!!!
 
Posted by bill1352 on :
 
at least i saw the cert numbers correctly...lol & it leaves 295 billion in cert form unaccounted for according to the OG numbers. add the 266 billion from street you get 561 billion shares leaving 142.5 billion completely unaccounted for and about 50,000 shareholders. logic says these shareholders are the 1's with small holdings as if a million of anything other then grains of sand or dust mites is a small amount. if the average is 3 million shares & it very well could be the NS is not very much. and being that insiders would not be in street name but hold certs as buying up shares without letting the SEC know is illegel, these numbers now include UC & his bunch.


CMKX currently has 703.5 billion shares of common stock
 
Posted by Upside on :
 
WHY
If UC was scamming everyone why would he:

1-Spend so much money on legal work
A: To look legitimate.

2-go before a hearing
A: To look legitimate.

3-Visit ongoing mine projects
A: To look legitimate.

4-continue drilling claims
A: Speculation, no proof of that.

5-Continue buy more claims
A: To look legitimate.

6-Selling claims that have little value
A: Pocket money.
 
Posted by bill1352 on :
 
WHY
If UC was scamming everyone why would he:
1-Spend so much money on legal work

stay out of jail & stop the shareholders from sueing his azz off.

2-go before a hearing

had no choice was called in there. claimed the 5th which says he didn't want any info getting out & helps confirm response to ? #1

3-Visit ongoing mine projects

its a free trip why not. you dont mind him spending your money & need to keep up the smoke screen.

4-continue drilling claims

& the proof of that is where? said there was a winter drilling program but never another word. said they gave data to a guy to help pick the next hole never said they would drill even 1 hole.

5-Continue buy more claims

your paying for them, why not? if it gets closed down he will sell them & i'm sure most of the cash will end up in his pocket.
6-Selling claims that have little value

sold what claim? they let the carolyn pipe expire, the mt st helens claim, the oreo cookie claim, the geologists eyes light up claim, no cash involved just gone bye bye. also the famed core samples in the secure tool shed's claim
 
Posted by Upside on :
 
6-Selling claims that have little value
A: Hot dog money at the races.
 
Posted by legaleagle on :
 
NEW OWNERS GROUP WEBSITE:

http://www.cmkxownersgroup.com/index2.php


YEP, IT DID SAY 397 BILLION FOR ABOUT TWO MINUTES
 
Posted by Upside on :
 
6-Selling claims that have little value
A: Duct tape
 
Posted by legaleagle on :
 
quote:
Originally posted by Upside:
6-Selling claims that have little value
A: Hot dog money at the races.

HEY UP, DELI-DOG'S GOING TO BE GIVING AWAY "THE GOOD HOT DOGS" TO SHAREHOLDERS THIS YEAR AT THE CHICAGO RACE.

VAN AND I ARE TALKING ABOUT COMING UP TOGETHER.
 
Posted by bill1352 on :
 
i'm very glad to hear it did say 397 billion legel...i was getting worried there. i cant start seeing numbers like the cult, i'd be in serious trouble...lol
 
Posted by Upside on :
 
quote:
HEY UP, DELI-DOG'S GOING TO BE GIVING AWAY "THE GOOD HOT DOGS" TO SHAREHOLDERS THIS YEAR AT THE CHICAGO RACE.
I'm there then. Gotta re-coup my losses somehow.
 
Posted by bill1352 on :
 
up...are you & will going to the chicago race again?
 
Posted by Wallace#1 on :
 
"...said they gave data to a guy to help pick the next hole..."

Yeah, that data also came from CMKX and that guy probably easily "picked" the next
a--hole.
 
Posted by Upside on :
 
Posted by Legaleagle:
quote:
VAN AND I ARE TALKING ABOUT COMING UP TOGETHER.
I'm sure you know I went with Will last year and there's been some discussion of going again this year. If we all go, what are we going to do? Arrange to meet somewhere or do you guys get one side of the track and we get the other?
 
Posted by Wallace#1 on :
 
Aw, hell. I was thinking about going! Just changed my mind! LOL Up, doubt if the holy rollers will let you get to ask one in-depth question. If they do, they'll probably try to answer it themselves since UC gives out no info.
 
Posted by will on :
 
HEY!
I'd love to meet noah! I'll go just to look in his eyes.
I'll even buy you a hotdog, noah. I'll get ya a beer or whatever else you want.
 
Posted by bill1352 on :
 
up if you & will go i'm there if at all possible. just remember to bring bail money because if i hear some pump it up crap i wont be able to keep my mouth shut. i wont get nasty but i have a feeling they wont even like honest straight forward questions or facts that back up my statements.
 
Posted by will on :
 
I'll go bill, especially if noah will be there. I promise to be on my best behavior, no need for bail money, everyone is civil there. Well if you don't count inbreeding and hillbilly antics, then they're civil.
 
Posted by Upside on :
 
Will's rich Bill, he'll bail you out.
 
Posted by legaleagle on :
 
quote:
Originally posted by Upside:
Posted by Legaleagle:
quote:
VAN AND I ARE TALKING ABOUT COMING UP TOGETHER.
I'm sure you know I went with Will last year and there's been some discussion of going again this year. If we all go, what are we going to do? Arrange to meet somewhere or do you guys get one side of the track and we get the other?
DID YOU EVER SEE "WEST SIDE STORY"? LOL
 
Posted by Upside on :
 
Originally posted by Will:
quote:
. I promise to be on my best behavior
The problem with that though is your "best behavior" is still abhorrent to most. You, on your "best behavior", could still land us in jail.
 
Posted by bill1352 on :
 
up..if gets any kind of womens clothing out i'm gone...lol
 
Posted by Upside on :
 
He will. Just don't look.
 
Posted by legaleagle on :
 
ANYONE NOTICE THE PICTURE AT THE TOP OF THE NEW CMKX OWNERS GROUP WEBSITE? VERY INTERESTING.

AND DON'T MISS THE INTRO FLASH

www.cmkxownersgroup.com
 
Posted by Ric on :
 
A picture of a drill bit. And your point. We know they have a drill we seen it duct taped together. Just the fact they never proved they used it but once and not sure about the results of that. And there is that little thing about no mining expense for 2004.

Also remember this is the OG, not the companies website. I can get a animated pic of a drill and make a intro page myself. This is stockholders doing this not the company.
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
A picture of a drill bit. And your point. We know they have a drill we seen it duct taped together. Just the fact they never proved they used it but once and not sure about the results of that. And there is that little thing about no mining expense for 2004.

Also remember this is the OG, not the companies website. I can get a animated pic of a drill and make a intro page myself. This is stockholders doing this not the company.

Gotta look real close at the drill bit. Looks like it's been ground down with something really hard, like maybe diamonds.

5,000+ stockholders.
 
Posted by Ric on :
 
I have a feeling this is a long but I might be wrong. But if I am then:

We have fun in here. Maybe this stock has some sort of business activity but if they do they are keeping it to themselves. But really, would you want to invest in a company that refuses to report and gags the TA? But even then this stock has a o/s of 703 billion shares. This is so extreme that the nearest stock to it that is known only has 65 billion o/s. CMKX's float is higher then that. The owners group has more or less verified the float is over 300 billion. That to me boggles the mind. Even if the SEC wasn't about to shut them down and they weren't under investigation there is no way it can move. I have a hard time understanding how PRRM's shareholders believe they can move off of .0001 with a 31 billion float. They haven't and they can't. Same with this stock. Even if they weren't where they are this can't move because of the o/s.


quote:
Originally posted by greatgreta:
I realize that I will sound amateur about the CMKX stock, but I am just now hearing about it.

I had a tip from a friend to buy into this stock, but have never bought a penny stock before.

Can anyone give me advice on this investment? [Confused]


 
Posted by Ric on :
 
Yeah they bought a used drill, but still there is nothing that says this is cmkx drill bit. Could have got that picture anywhere off the net. As I stated this is not cmkx's website. Who knows where they got the picture.

quote:
Originally posted by legaleagle:
quote:
Originally posted by Ric:
A picture of a drill bit. And your point. We know they have a drill we seen it duct taped together. Just the fact they never proved they used it but once and not sure about the results of that. And there is that little thing about no mining expense for 2004.

Also remember this is the OG, not the companies website. I can get a animated pic of a drill and make a intro page myself. This is stockholders doing this not the company.

Gotta look real close at the drill bit. Looks like it's been ground down with something really hard, like maybe diamonds.

5,000+ stockholders.


 
Posted by Ric on :
 
A look back in the past. Lets go back before March 3rd. When the longs were pumping that cmkx was doing drilling without proof. They were claiming o/s was low because it was asserted that it was. Before anyone was worried about being shut down.

What was the pps?

Did the SEC investigation really change it that much. It was at bottom already and wasn't moving. You could have bought at .0001 if you were patient and sold at .0001. But you couldn't get any more out of it. So why is it that anyone could believe that it can go past .0001 bid .0002 ask now even if this was settled. Guess what with this o/s it can't.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by Ric:
A picture of a drill bit. And your point. We know they have a drill we seen it duct taped together. Just the fact they never proved they used it but once and not sure about the results of that. And there is that little thing about no mining expense for 2004.

Also remember this is the OG, not the companies website. I can get a animated pic of a drill and make a intro page myself. This is stockholders doing this not the company.

Gotta look real close at the drill bit. Looks like it's been ground down with something really hard, like maybe diamonds.

5,000+ stockholders.

Maybe you guys didn't notice the first two letters stamped on that drill bit are "OG". Mean anything?

Also, most drill bits worth anything usually are diamond tipped. Do you see any there?

PS: Furthermore, see the rust? Recently used drill bits would be quite shiney.
 
Posted by Ric on :
 
.
 
Posted by legaleagle on :
 
*******************************************************************
May 17, 2005

Letter to the Troops

Greetings to All,
Yesterday, a very supportive shareholder came by the office as he was in town handling other business. During an office tour and subsequent conversation, it occurred to me that many of you may not fully understand the task we have undertaken; therefore, the following. .

John and I have conducted many tours of the work areas for quite a number of shareholders in the past weeks, but this particular tour gave me reason to write this letter. The questions from this shareholder were similar to questions asked by most of you in emails and phone calls. However I feel the need to digress for a moment and review the big picture of what our mutual task has become.

War on Naked Shorts

Thousands of CMKX shareholders have invested millions (and possibly billions of dollars) in a micro penny stock having the potential to become a solid long term investment and may enjoy a huge run-up in the short run if progress can continue to be made on several fronts. This investment by shareholders was made during a time when a serious trading technique known as naked shorting flourished in the market place. Most of us knew little of its damaging effects and were willing to risk substantial funds once we heard of the potential value of the claims owned in Canada by CMKX. As we all sit amazed at the unending cellar boxing of our stock, we have joined together to fight the lawbreakers responsible for this illness in the stock market.

Are We Fighting Some Death Spiral Financing?

I will try not to be overly dramatic about the effects on our stock of the market participants that see no problem violating SEC covering rules existing on the SEC books since the passing of the 1934 Act. To add to our challenge, we are slowly learning about another devious financing technique known as death spiral financing: this is a ******* child of naked shorting. The effects are the same for the most part except a takeover by the financier is sometimes an initial underlying purpose. I cannot confirm that CMKX management entered into any such agreement, but I have serious concerns about the distribution of our stock and how certain people came into possession of that stock. I will have more info for you as my investigation proceeds. As I see it, this is merely one more battle for us as a group. As our staff pours over stock transfer records and the NOBO/OBOlists, in conjunction with various prs and documents we have found from 2002 and 2003, we are piecing together a very detailed chronology of company events and transactions. I am not sounding an alarm nor am I ready to point fingers, but we are gaining the knowledge needed to proceed and help our company.

The Immediate Task

I took delight in answering questions yesterday regarding the assembly line we have set up to document the share ownership by the vast majority of CMKX shareholders. We have gone to great expense to use current technology to assist us in creating a digital mass of records, which can be presented, in one single CD to anyone requiring proof of the massive short selling of our stock. I read yesterday that Senator Shelby has become interested in looking into the CMKX matter--wouldnt it be nice if we could hand Senator Shelby and others a single CD proving, without question, that a companys stock had been naked shorted and that such shorting continues as we speak? Never before has any company sought to gather monthly statements from its shareholders to show what sales have occurred through the brokerage houses as proof of illegal short selling. We have been told we will be lucky to get 20% to 30% of the shareholders to respond to our requests. Fortunately for us, even 20% to 30% will document a massive naked short position in this stock.

Very few of the groups members have actually seen the final work product of the fax in campaign. When I met with the SEC on the day after the hearing in Los Angeles, I carried with me a 100-page summary containing a line of information for every shareholder that faxed his or her statement into our office. I also carried a CD ROM, which contained a tif. file for each document faxed to us. Any person (Congressman, Judge, or SEC Attorney) can put this CD in his or her computer and have access to the information we have compiled. The first page appearing on the CD reads as follows:

Exhibit __CMKX DIAMONDS, INC.Shareholder List(verified by brokerage statements and issuer current NOBO list)
Total Share Amount: 302,097,079,212
First Name Last Name Acct Num Acct Type Share Amount Broker Cusip File Name


Each page with the heading above has fifty lines containing the above info on fifty different shareholders. When anyone clicks his or her mouse on any one line, the document pops up in its entirety. It will be difficult for anyone to dispute our evidence when gathered in this way. The ultimate key to our success is to have as many shareholders as possible forward their information to our office so we can document the total owned shares.

Why have companies never taken the trouble to combat the naked short sellers? More often than not the company being victimized is on shaky grounds to start with. Generally, they have a poor product or unscrupulous management. The devastating effects of such short selling have proven effective in bankrupting the targeted companies so in most cases the investors write off the loss and simply swear off pink sheet stock investing. Well, I am proud to say that I represent thousands of shareholders who want to straighten out this mess and are willing to back the company for the fight.

Many Americans have a dream of starting a small company and some day walk it through the steps of becoming a public company. Should everyone have to fear an attack and market manipulation by market makers and hedge funds if they want to start small in the market and work their way up? Should everyone be forced to fear collusion by the brokerage houses and the market makers when you deliver your hard earned dollars to your broker? The answer is a very emphatic NO!

Thus, I encourage you to continue banding together and keeping up the good fight. You would be amazed at what a group of 50,000 people with a common purpose can accomplish. I want to accumulate monthly brokerage statements totaling one trillion shares in this stock. I am confident this goal can be reached in a reasonably short period of time. We are beginning our mail-out campaign today to many shareholders that have not faxed in their share information. I would appreciate your encouragement to those that have not sent their info in for whatever reason. This documentation will serve you well.

We will report to you our progress.


Onward,


Bill

PS. Check out the newly designed CMKX Owners Group web site at www.cmkxownersgroup.com If you have not already sent in your brokerage statement, go to the web site in the document section and click on the icon titled Naked Short Fax Campaign and follow the directions.
 
Posted by Wallace#1 on :
 
The following from legal's repost will tell you exactly what Frizzle/Frazzle's venue is, and it is not to assist CMKX in defense of the SEC:

"However I feel the need to digress for a moment and review the big picture of what our mutual task has become.

War on Naked Shorts"

TAKE NOTE!!!!

PS: He ends with "Onward,". Reminds me of a song called "Onward Christian Soldiers".

"Onward Christian Soldiers, marching as to war.
With the cross of Jesus going on before."

Enough of that! Know it all. Sound familiar?
 
Posted by legaleagle on :
 
A battle does no good unless it is part of the war. And this organization has nothing to do with Christian Traders, other than our membership is in overwhelming support of what the group is doing. Frizzell used the CT radio show to get out the messages during the hearing, because it was made available, and because there was no other format that could reach as many listeners as wanted to hear. But your bigotry is evident, Wallace.
 
Posted by Upside on :
 
Originally posted by Ric:
quote:
We have fun in here. Maybe this stock has some sort of business activity but if they do they are keeping it to themselves. But really, would you want to invest in a company that refuses to report and gags the TA? But even then this stock has a o/s of 703 billion shares.
Take it one step further Ric. What if they were fully reporting and were doing bulk sampling with favorable results similar to Shore Gold. Pretty bright future on the surface. Then you find out they have a 700 billion o/s. Would you invest in them then? What if Debeers was public with a 700 billion o/s, would you invest in them? Absolutely not! It's just an incredible figure that defies imagination and ruins any chance of this "company" going anywhere.
 
Posted by Ric on :
 
Besides the picture is of a Tricone Drill Bit used primarily for well drilling, oil, natural gas. They also can be used for foundation engineering, civil engineering and water wells. The teeth apply a shearing pressure to the rock, breaking it up into small pieces.
 
Posted by bill1352 on :
 
I will try not to be overly dramatic about the effects on our stock of the market participants that see no problem violating SEC covering rules existing on the SEC books since the passing of the 1934 Act. To add to our challenge, we are slowly learning about another devious financing technique known as death spiral financing: this is a ******* child of naked shorting. The effects are the same for the most part except a takeover by the financier is sometimes an initial underlying purpose. I cannot confirm that CMKX management entered into any such agreement, but I have serious concerns about the distribution of our stock and how certain people came into possession of that stock. I will have more info for you as my investigation proceeds. As I see it, this is merely one more battle for us as a group. As our staff pours over stock transfer records and the NOBO/OBOlists, in conjunction with various prs and documents we have found from 2002 and 2003, we are piecing together a very detailed chronology of company events and transactions. I am not sounding an alarm nor am I ready to point fingers, but we are gaining the knowledge needed to proceed and help our company.

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


legel i've always given credit when due even to the cult & i'd have to say it sounds like frizzy is giving you your $25 worth. it seems as if he is seeing the pattern us bashers have been complaining about & a theory a few of us have put out there. UC wants this company to go under. the claims can be transfered to another company & cmkx shareholders get nada, nothing, no money back. remember the accountant on the stand saying UC is supposed to have put his cash in, that cmkx was $36 million in the hole? no records given out or even keeped but she knew it was $36 million in the hole. cmkx gets cancelled the claims get sold to cover the debt & all the shareholders are left with is the hope of getting a NS type settlement....good luck on that one. as i've said & a few other how many shares does UC & family own? thats the key. forget other insiders just UC & family. if it almost nothing i'd say it proves the bashers right.
 
Posted by joesturbo on :
 
quote:
Originally posted by bill1352:
it seems as if he is seeing the pattern us bashers have been complaining about & a theory a few of us have put out there. UC wants this company to go under. the claims can be transfered to another company & cmkx shareholders get nada, nothing, no money back.

The original investors who signed up with UC will get all claims if the company folds... UC would get nothing per the agreement in the 14c. I wonder who could be NSS the company? HMMMMM... Maybe just maybe this could be part of the picture?
 
Posted by joesturbo on :
 
Oh ya you guys keep on talking about the OS but what is the float? I wonder how much UC and Co. own?
 
Posted by Wallace#1 on :
 
legal wrote: "But your bigotry is evident, Wallace."

legal, I know more about Christianity than you could ever hope to know. I have probably even practiced it long before and far longer than you or anyone on your forum or band of hypocrites - including you. The only exception I have encountered to date is "dwman". He's an example for all of you to follow!!!

The same is true of securities trading and operations on Wall Street in general....whether you believe my background or not.

As I have told you numerous times. Just shut up and try to learn something of value.

Christianity and Christian Traders should have nothing to do with buying or selling stock....except maybe with a company that sells Christian books or the like. We all know that CT and OG are almost one and the same as far as Cult Membership is concerned.
 
Posted by Wallace#1 on :
 
Well, well, well. Joeturdbowl (aks goferschit) has been heard from again and none of it makes any sense...as usual.
 
Posted by bill1352 on :
 
i think the fact the cmkx as a company is trash is a given. i bet most of the cult knows this inside. the whole ball of wax is hooked to the NS now. notice frizzy never mentions insider holdings & is now starting to wonder about where & how shares were given out. the cert numbers almost prove insiders don't own much.

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

I cannot confirm that CMKX management entered into any such agreement, but I have serious concerns about the distribution of our stock and how certain people came into possession of that stock.

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

remember lawyer do as the ppl paying them ask. if you want the death penalty they get out the way, if you want to fight they fight as long as it will not hurt their reputation. can you say roger glen? maybe he does have a good reputation & saw what it seems frizzy is finding out & bashers have been saying all long...UC is not on the shareholders side. and 1 of the first reasons CT pumps a stock is a christian board running the company. might be they got conned too.
 
Posted by joesturbo on :
 
Lol your so funny... Like your sig.
 
Posted by Wallace#1 on :
 
Just the facts, turdbowl (goferschit), just the facts!
 
Posted by Wallace#1 on :
 
turdbowl,

It's "you're" not "your". After 3rd grade, you should have known that much. At least you got the "your" in the second sentence correct.

PS: Ask dwman to re-educate you. He will do it less harshly! LOL
 
Posted by bill1352 on :
 
joe please for your own good quit smokin crack...it will kill you. that 14c is long gone it was done & those ppl scammed a few yrs ago. getting shut down by the SEC is not bankrupt & any money owed by cmkx must be paid. lets see unexplored claims, no established value, some not 100% owned...$36 million sounds like a fair amount. wanna bet some paperwork shows up explaining where & how $36 million was spent after the SEC shuts it down? wanna bet no paperwork to file shows up before the SEC shuts it down?
 
Posted by joesturbo on :
 
I know your perfect, I forgot...
 
Posted by bill1352 on :
 
now wallace that your comment is uncalled for...even more so since most of the time i dont pay attention to that chit either...lol
 
Posted by Upside on :
 
Originally posted by joesturbo:
quote:
Oh ya you guys keep on talking about the OS but what is the float? I wonder how much UC and Co. own?
Don't know, what's your best guess?
 
Posted by Wallace#1 on :
 
quote:
Originally posted by joesturbo:
I know your perfect, I forgot...

Like I said, turdbowl (goferschit), it's "you're", not "your"!!!! Don't you CMKX Cult Members ever learn anything?
 
Posted by bill1352 on :
 
by the way wallace...nice day on your HISC...i of course sold it yesterday because i watched 3 differant picks of mine run 150% or more & i had no cash free to jump in with & had 2 yesterday morning i wanted in on...the 1 i took is of course sitting where i bought at...lol
 
Posted by Wallace#1 on :
 
quote:
Originally posted by bill1352:
now wallace that your comment is uncalled for...even more so since most of the time i dont pay attention to that chit either...lol

Problem with you, bill, is that "you're" just plain sloppy with grammar....not stupid. It's just "your" style". LMAO
 
Posted by joesturbo on :
 
I don't like you're tone...
 
Posted by Wallace#1 on :
 
quote:
Originally posted by joesturbo:
I don't like you're tone...

OK
 
Posted by legaleagle on :
 
NSCC wiggling out of responsibility


DATE: MAY 16, 2005
TO: ALL PARTICIPANTS
ATTENTION: MANAGING PARTNER/OFFICER,
CHIEF EXECUTIVE OFFICER
CHIEF OPERATIONS OFFICER
OPERATIONS PARTNER/OFFICER
COMPLIANCE OFFICER


SUBJECT: RULE FILING APPROVAL SR-NSCC-2004-09
On December 8, 2004, National Securities Clearing Corporation ("NSCC" or the Corporation) filed and on May 9, 2005 the Securities and Exchange Commission ("SEC") approved rule filing SRNSCC-
2004-09, which consists of modifications to NSCCs Rules and Procedures (the Rules) to memorialize the Corporations current standard of care and limitation of liability.


The approved changes create a uniform standard limiting NSCCs liability to direct losses caused by NSCCs gross negligence, willful misconduct, or violation of Federal securities laws for which there is
a private right of action. In addition, the changes: (a) memorialize an appropriate commercial standard of care that will protect NSCC from undue liability; (b) permit the resources of NSCC to be
appropriately utilized for promoting the accurate clearance and settlement of securities; and (c) are consistent with similar rules adopted by other self-regulatory organizations and approved by the
Commission.


Questions regarding SR-NSCC-2004-09 should be directed to Allison Finnegan, Senior Associate
Counsel, at (212) 855-3283, or to the undersigned at (212) 855-3203.
Karen L. Saperstein
Managing Director and General Counsel
 
Posted by bill1352 on :
 
hmmmmmmmmmmmm...not sure if that was a slam or a pass....lol
 
Posted by Wallace#1 on :
 
quote:
Originally posted by bill1352:
by the way wallace...nice day on your HISC...i of course sold it yesterday because i watched 3 differant picks of mine run 150% or more & i had no cash free to jump in with & had 2 yesterday morning i wanted in on...the 1 i took is of course sitting where i bought at...lol

bill,

Better safe than sorry. I am just being greedy with HISC. May be sorry in the end.
 
Posted by joesturbo on :
 
Interesting legal... Why would they do this. Hmmm
 
Posted by Wallace#1 on :
 
quote:
Originally posted by joesturbo:
Interesting legal... Why would they do this. Hmmm

Get set for another treatise.

PS: Please begin that treatise with a disclaimer as to experience, knowledge, etc. if you think it is applicable.
 
Posted by bill1352 on :
 
now thats some crap legel...if it wasn't for cmkx legel i think we would be fighting the same battle...i emailed the SEC today from a link on the SHO list. the deal my sister's hubby has with ZAPZ will make them very rich but the short is killing the pps & you can't short sell OTC stocks thus being in the "failed to deliever" catagory since OTC was included april 14th is criminal.
 
Posted by bill1352 on :
 
joesturbo
Member


posted May 17, 2005 20:50
--------------------------------------------------------------------------------
Interesting legal... Why would they do this. Hmmm
==================================


not because of cmkx...but because of real honest companies that have been & are getting killed by NS'ing
 
Posted by Ric on :
 
We have two sources that state the FLOAT is above 300 billion. Most of the O/S could be but we know for sure its over 300 billion. We just don't know how much more is the above part. Proof 1: In the March PR UC stated whats on the shareholders list. And all UC shares no matter how he got them must be on this list. All UC's shares, insider shares, cert holders, and JV's must be part of the shareholders list period. Proof 2: The OG, Frizzle has inferred that NSS hasn't been absolutely proven yet. He states that statisticaly it has which is wrong but he does state it. And knowing the group has 300 billion shares and NSS isn't absolutely proven yet then float hasn't been reached.


quote:
Originally posted by joesturbo:
Oh ya you guys keep on talking about the OS but what is the float? I wonder how much UC and Co. own?


 
Posted by bill1352 on :
 
well Ric i think frizzy nailed it down even more today. gave the number of cert shares minus the ones listed on the OG site insiders cant be over 295 billion. if they bought shares on the open market & are held in street they violated another rule of the SEC.
 
Posted by Wallace#1 on :
 
That might be the one good thing that comes out of this CMKX fiasco, but not for CMKX.

It will draw attention to the real problem of the NSS situation with other fine companies with worthwhile and competent management. That DOES leave UC and CMKX out of the mix.
 
Posted by bill1352 on :
 
as a matter of fact if they own any more then was reported in 2003 they violated SEC rules & thus have more charges coming if this charge doesn't kill them...you cant own more then 10% & not file when that changes.
 
Posted by joesturbo on :
 
I found this for you guys...

Hope you like:)

http://www.thecrowroost.com/RECIPES.htm
 
Posted by bill1352 on :
 
i hope you keep a copy joe...you'll need it when cmkx is toast.
 
Posted by Upside on :
 
Someone posted one for crow kabobs a while back. That one sounded pretty good.
 
Posted by Wallace#1 on :
 
Hey, turdbowl (goferschit)! That's a great site. Lots of fun. LMAO Did you read the rest of the info? Funny!

Upside, you have to see this one!
 
Posted by legaleagle on :
 
noahltl

Super Administrator


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




Posts: 1018
Registered: 22-10-2004
Member Is Online


posted on 17-5-2005 at 09:05 PM



Such "death-spiral" schemes are said to involve extensive short-selling and pre-arranged trading, which is carried out prior to the exercise of conversion rights under the terms of a convertible debenture.

A "convertible" security is usually a bond or a preferred stock that can be converted into a different security, often shares of a company's common stock. In most cases it is the holder of a convertible who determines whether and when the conversion is to happen.

The Phxgold posts and mp3, theorize that a group of financiers for CMKX, referred to as the "sellers", financed CMKX in exchange for restricted shares in the company. The theory goes on to say that some of these sellers used their restricted shares as collateral in a naked short scheme to drive CMKX out of business so that they could take over, under their contracts. This would be a form of the "death spiral financing" alluded to in Mr. Frizzells letter today.


"There is an appointed time for everything, and a time for every affair under the heavens" Ecc 3,1
 
Posted by Upside on :
 
Legal,
Since Joe wouldn't answer me, I'll ask you, what is your best guess as to Urbans ownership percentage of the o/s?
 
Posted by legaleagle on :
 
Urban would never give up a controlling interest in his company, again. Either he, or he and his family's shares combined. One thing many are forgetting is his "royalty" agreement of 5% on all newly issued shares. That has to be added into the equation as well. 100 billion to 800 billion put an additional 35 billion shares under his control. This, plus whatever he purchased back on the open market would be a number that left he and family at least 51%, though it is reasoned to be much higher.

I brought the Phxgold post and MP3 here concerning a theory that the "premerger syndicate" was composed of financiers for the purchase of the holdings. These financiers were issued 144 restricted shares and could not sell them without a signature (not attached on the shares) by Urban and wait 180 days and file before selling. The theory goes that some of these pre-merger syndicate members used their restricted, unsigned certs as collateral for the shorting of CMKX (NS) in order to death spiral the company into bankruptcy, (note Frizzell's letter) at which time they would, under the contract, be able to take over the company. The use of these certs, made them "long sellers", the term JEFF used, but were in effect using these untradeable shares to naked short CMKX. These pre-merger syndicate folks also enjoy a "confidentiality clause" in their contracts, in which Urban may not identify them except under certain criminal investigations or subpoenas. This could have been one of the reasons, or THE reason, why he took the fifth.

But after that alleged "attack" on his company, he would never allow any person or group of people to threaten him with hostile takeover again. IMO
 
Posted by Wallace#1 on :
 
For the VERY first time, since I was told turdbowl (goferschit) is badmouthing me on another forum I went there to check it out. Guess who else is there....JBCak, byrdturd, etc.
He's badmouthing Bob Frey too. That puts me in fine company as far as I am concerned.

I briefly looked around the site and thought some of you may be interested in the following:

"You know what....go ahead and give me hell all you want. I wanted this to succeed as much as anyone. I am in over $30,000......

I can't believe that no one, only because they still want something to happen, does not agree. The guy has shown absolutely nothing to his shareholders to give us any real belief or faith in him as our "Leader" in this whole deal. And now it is all out of control and he won't even speak. The pres of USCA can't believe it either but somehow you guys want to still back him up. Unreal.

Sorry.....nothing against anyone here personally, but what I am saying is legit and I am pissed.....you should be too."
---------------

OVER $30,000 DOWN THE CESSPOOL!
 
Posted by legaleagle on :
 
Since we are both in this forum together Wallace, could we assume that you are a Christian Trader in disguise?
 
Posted by legaleagle on :
 
But it is good to see you getting out and about, Wallace. Perhaps since you are a member of 32 now, you should spend some time there finding out what the rest of the world is saying about this stock. I believe it is over 5,000 convinced shareholders against your 5 or so "merry men" here.

I hadn't seen that thread at 32 yet, but thanks for directing me there. Seems like your "fame" is spreading.
 
Posted by Upside on :
 
Legal,
The reason I ask is because I've seen numbers thrown around from 51% on up to 95% with 65% being the consensus. My question is, if he owns 65% of the o/s, the naked short is proven when coupled with the owners group numbers. Why hold that information back? Release it and let the war begin. If he's keeping it as a trump card as many say, he's playing a very dangerous game. The clock is ticking here and he's saying nothing. If he can prove the n/s, why keep the owners group scrambling? They're not going to prove it before the Judges ruling because # 1, the information is not coming in fast enough and # 2, if it does exist there's not enough people aware of it. It's up to Urban to prove it and I think his silence speaks volumes, he doesn't have the shares to do it.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by legaleagle:
Since we are both in this forum together Wallace, could we assume that you are a Christian Trader in disguise?

You people over at CT should be so lucky. I'd try to get all of you to "repent"!

Re that other site with turdbowl and JBCak. I am sure they would welcome you. Maybe you could revive your deputies and posse again.
 
Posted by Upside on :
 
quote:
I believe it is over 5,000 convinced shareholders against your 5 or so "merry men" here.
I felt merry once, she slapped me. I think she spelled her name differently though.
 
Posted by Wallace#1 on :
 
legal,

I just love this crap! "Super Administrator" LMAO What is that, the next best thing to Roger Glenn and walking on water?
 
Posted by bill1352 on :
 
legel...this is YOUR lawyer speaking...again YOUR LAWYER


1934 Act. To add to our challenge, we are slowly learning about another devious financing technique known as death spiral financing: this is a ******* child of naked shorting. The effects are the same for the most part except a takeover by the financier is sometimes an initial underlying purpose. I cannot confirm that CMKX management entered into any such agreement, but I have serious concerns about the distribution of our stock and how certain people came into possession of that stock. I will have more info for you as my investigation proceeds. As I see it, this is merely one more battle for us as a group.


lets repeat a line in here

but I have serious concerns about the distribution of our stock and how certain people came into possession of that stock.


again with the first part added


I cannot confirm that CMKX management entered into any such agreement, but I have serious concerns about the distribution of our stock and how certain people came into possession of that stock.


i dont see him worrying about outside influance. he can't confirm cmkx management but!!!!! notice the BUT!!!! cmkx is in trouble not because of NSS, not because of some new wild theory that is based on an old filing...how many prs & filings have been flushed. in the green baron interview UC said they were closer to filing & ahead of schedule then should be expected. in court we find out the ppl with the task of getting everything ready can't get the papers needed but we are ahead of schedule...ya right. UC locked up 300 million shares was it? for 3 yrs...yet just over 1 yr later a pr states he has ZERO shares...he gets no divys for that reason the pr says.


if YOUR LAWYER is concerned about cmkx management which has been UC till early this yr i'd start thinking hard about my belief in cmkx.
 
Posted by Wallace#1 on :
 
"I felt merry once, she slapped me. I think she spelled her name differently though."

Was her last name Christmas?
 
Posted by Wallace#1 on :
 
bill, you wrote: "if YOUR LAWYER is concerned about cmkx management which has been UC till early this yr i'd start thinking hard about my belief in cmkx."

Urban Casavant is STILL management of CMKX! He is the ONLY officer. The Bd of Dirs (2 people in the case of CMKX) is not considered part of management. By management, I mean operations, not policy making, etc.
 
Posted by trading4life on :
 
LOL
 
Posted by legaleagle on :
 
quote:
Originally posted by Upside:
Legal,
The reason I ask is because I've seen numbers thrown around from 51% on up to 95% with 65% being the consensus. My question is, if he owns 65% of the o/s, the naked short is proven when coupled with the owners group numbers. Why hold that information back? Release it and let the war begin. If he's keeping it as a trump card as many say, he's playing a very dangerous game. The clock is ticking here and he's saying nothing. If he can prove the n/s, why keep the owners group scrambling? They're not going to prove it before the Judges ruling because # 1, the information is not coming in fast enough and # 2, if it does exist there's not enough people aware of it. It's up to Urban to prove it and I think his silence speaks volumes, he doesn't have the shares to do it.

Up, Frizzell was invited by the SEC to file the FOIA request. He is accumulating independent and unimpeachable information upon which to proceed with the prosecution of a case. IMO the judge already has enough information on her desk to understand what has happened with CMKS. I am not in the least worried about her ruling against CMKX.
 
Posted by bill1352 on :
 
well then wallace i'd say frizzy is starting to point fingers right where they need to be pointed. he isn't ready to tell his clients they have been had yet but it sure seems he is getting that idea.
 
Posted by Upside on :
 
Legal,
So you have no concerns that they'll be revoked?
 
Posted by trading4life on :
 
I would...
 
Posted by Wallace#1 on :
 
quote:
Originally posted by bill1352:
well then wallace i'd say frizzy is starting to point fingers right where they need to be pointed. he isn't ready to tell his clients they have been had yet but it sure seems he is getting that idea.

bill, I think you are correct. This may very well end up with his going after Urban Casavant et al in a class action suit. Nothing to do with the SEC proceedings, but possibly as a result of them. However, if there is a class action suit won, guess who is going to get all the money and who is going to get mud from the drill site.
 
Posted by joesturbo on :
 
quote:
Originally posted by Wallace#1:
For the VERY first time, since I was told turdbowl (goferschit) is badmouthing me on another forum I went there to check it out.

There ya go again saying things that are not so...

I never said anything bad about you, just said there is bashing here...

Ya did like the crow huh? LOL it was good...
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
legal,

I just love this crap! "Super Administrator" LMAO What is that, the next best thing to Roger Glenn and walking on water?

The CT structure has "moderators", "super moderators", "administrators" and finally "super administrators" to manage the boards. Debi is a S Admin and is in charge of "spirituality" on the board. Van is an S Admin and is in charge of "market and investment issues". Noah is an S Admin and in charge of "Research".

They each try to limit their "water walking" to emergency situations.
 
Posted by bill1352 on :
 
something the cult members seem to forget or maybe the closed mind has not let it sink in but the SEC has all those records the DTC has. they know the o/s, the street shares & the cert shares. i bet they even have the names on those shares. they know what frizzy is trying to find out. remember part of the charge was questionable distrubution of shares. since this case is not about NSS but about not filing they do not need it for evidence thus cmkx lawyers have no right to it. they know if its shorted & they know if UC owns any. by talking to frizzy they may be setting UC up, they may be cooking his goose for him. he said they asked if he had tryed freedom of info act...i get the idea they want UC for a lot more then not filing.
 
Posted by Wallace#1 on :
 
legal, then all of you, except dwman, better get your "water walking" shoes or whatever on because you will surely sink. Aren't you missing the "Super-Duper Administrator"? Then, there's the "Leader of the Pack"! Cannot remember the name of the guy who started it all.
Not important though.
 
Posted by DrDiamond on :
 
I would think that if you have any concerns about the interpretation of what Bill Frizzell wrote, he would be glad to answer any and all questions pertaining to the information released by the CMKX Owners Group.

Professionals have been involved with CMKM Diamonds for a very long time and we can all agree that there is much to be desired in the skills and performance of many that have come and gone. I think the presence of Urban Casavant and his determination to spend the money, time, and effort to get this thing right, whatever the situation may be is cause enough for a neutral to positive approach to the current stance of the company.

Obviously there have been and will continue to be concerns about what has transpired in the past until we get the information to settle those issues. Regardless of the corporate governance skills of those that have been employed before, Urban still managed to compile a serious amount of assets in the form of claims that amount to 1,000,000 acres or more for CMKX alone and another 60% of 500,000 acres of mineral rights we obtained from Nevada Minerals. Not to mention the Joint Venture properties with United Carina, Consolidated Pine Channel Gold, and Shane Resources. The FALC (Fort A la Corne) claims alone that are near or over 1 million acres are in a direct association with known kimberlite clusters and other minerals that have been "proven" to be in the richest minerals region in the world: especially in Diamonds and Uranium.

Whether you believe or don't believe is up to every individual, but the NSS position, IMHO is proven and will continue to be revealed over the next few weeks or month by the undying confidence of this huge shareholder base of CMKX doing whatever it takes to get the attention of the NSCC, DTCC, and the SEC once and for all.

I guess some could look at the situation with CMKX's shareholders faithfulness to the cause and think it is cultish, but unbelief and slamming it for absolutely no reason is just as cultish in all reality.

Personally, I believe in spite of past performance in the managerial positions of the CMKX accounting realms it will not deter Mr. Maheu, Don Stoecklin, Mr. Casavant, 50,000 plus shareholders from straightening the past and putting it behind and moving on towards a successful future with an overhauled management team, Board of Directors, Business Operation, Development of assets, and resolution of the Naked Short Position.

Maybe I am an optimist, but I've seen antagonist, pessimist, and atheist, and I believe I'll stay on the optimistic side. If for some reason it doesnt pan out at least I learned a great deal about mining, the market place, and some awesome shareholders working together as a team with their back against a wall.

These are just my opinions and I ask that you treat them as such.

Be well. Success to all!

Dr.D.
 
Posted by Ric on :
 
I did think that was interesting myself how the SEC said, well its not part of this case so we can't give it to you but hey Frizzle did you ask for it through the FOIA. Why did they tell him that?? It is interesting. If the SEC was trying to hide information then why tell him that?
 
Posted by legaleagle on :
 
Rev. Dewayne Reeves is the founder of Christian Traders. He is a "Super Admin" as well.
 
Posted by Wallace#1 on :
 
Oh, SCHIT!!!! Now we get Dr.D or someone prentending to be Dr.D. There's not enough horseschit out there but what he has to keep dropping puckeys everywhere he shows up?
 
Posted by Ric on :
 
ut oh, now we are in trouble, lol
 
Posted by Wallace#1 on :
 
legal, wrote: "Rev. Dewayne Reeves is the founder of Christian Traders. He is a "Super Admin" as well."

legal, I couldn't care less about the reverend's life history.
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
Oh, SCHIT!!!! Now we get Dr.D or someone prentending to be Dr.D. There's not enough horseschit out there but what he has to keep dropping puckeys everywhere he shows up?

That's the real one.
 
Posted by Upside on :
 
Originally posted by DrDiamond:
quote:
Whether you believe or don't believe is up to every individual, but the NSS position, IMHO is proven and will continue to be revealed over the next few weeks or month by the undying confidence of this huge shareholder base of CMKX doing whatever it takes to get the attention of the NSCC, DTCC, and the SEC once and for all.
Well, after hearing your name and theories tossed around the internet for a while now, I'm glad you've decided to post here. Please explain why you believe the NSS is proven.
 
Posted by legaleagle on :
 
Wallace#1
Member


Member Rated:
posted May 17, 2005 23:02
--------------------------------------------------------------------------------
legal, wrote: "Rev. Dewayne Reeves is the founder of Christian Traders. He is a "Super Admin" as well."

legal, I couldn't care less about the reverend's life history.


Then why bring it up?

Wallace: Then, there's the "Leader of the Pack"! Cannot remember the name of the guy who started it all.
 
Posted by bill1352 on :
 
dr d..welcome..i'm one of the cult of bashers here at allstocks. i will say your posts that have been reposted in here have given me great laughter & at time a serious headache. from what your lawyer frizzy said today i'd seriously think about having faith in UC. in fact having faith in any company that treats YOUR legel rights as a deep dark secret is somewhere long past foolish but its your right. its my right to call a spade a spade as i lost cash on cmkx. soon 1 of our groups will be proven correct & i'd buy shares in a stock that paid on bashers being the correct cult.
 
Posted by DrDiamond on :
 
I've been signed up since September of last year. I believe that was my first post.

I try to read and be flexible, knowing that even those that are bashing sometimes have an idea that needs to be pursued. I thought I would say hi. I'll move along. It is amazing though how negatively convinced someone can be with no real facts in their possession, I guess it is "hoping that others hope fails".

But when someone is supportive and positive with the same facts hoping and believing that good things can come, they are branded as brainless, cult followers, etc... Hmmm. Very interesting.

I really don't mind that others don't believe in CMKM Diamonds and what many of us are trying to accomplish for the benefit of the many shareholders that are already involved. I actually find it rather interesting and at times confounding too see such skepticism and unending faithfullness to the cause of being critical and sometimes to the point of slanderous towards others that want to believe.

Knowing the amount of DD and research that I and others have done in CMKM Diamonds and seeing the possibilities aligning with the probabilities I am confident that we will prevail. One can never prevail against a skeptic, cynic, or basher because if they wind up being wrong they will simply change gears to another item of vulnerability.

I don't care of any that have a bad opinion of CMKX ever buys a share because I am not promoting or pumping the company, but only tryiong to support my investment and my fellow investors.

I hope all are well.

Take care and thanks for the time.

Success to all!

Dr.D
 
Posted by will on :
 
Welcome Dr D.

"but the NSS position, IMHO is proven "

Btw, it is either proven or isn't proven, proof is not a humble opinion it is an absolute.
 
Posted by DrDiamond on :
 
A Correction: Sorry for the error: It should have been:

I don't care if any that have a bad opinion of CMKX ever buys a share because I am not promoting or pumping the company, but only trying to support my investment and my fellow investors.


Dr.D
 
Posted by bill1352 on :
 
awww dr d dont go we are getting tired of poking holes in legels stuff. its too easy. we need a challenge. in fact poking holes in the cmkx faithful cults ideas have proven quite easy. i will say i hope you can prove a NS as it will help real companies that truely suffer from NS problems. unfortunatly cmkx suffers from UC problems.
 
Posted by legaleagle on :
 
Dr. D, please stick around, it would save me a lot of copying and pasting here. You are exactly what this forum needs.
 
Posted by bill1352 on :
 
well if you cant stand the heat you get out of the kitchen.
 
Posted by legaleagle on :
 
Dr. D, check your mail here.
 
Posted by bill1352 on :
 
well legal, i thought you would have a partner at least for a while. i guess not. i would sure like to know how he figures a NS is proven. frizzys numbers leave it short almost 150 billion shares & logic says almost every large shareholder has been counted. even more so since they can fax the numbers in free & not join the OG. & that includes every cert share out there. there is no proof or even a hint of proof UC bought share #1 off the open market. & if he bought more then 10% he is in deeper trouble with the SEC. even pinks have to file insider buys & sells.
 
Posted by Ktrain420 on :
 
This was a brilliant investment.......LOL
 
Posted by Wallace#1 on :
 
Well, DrD, I guess you know my position re CMKX, UC and cohorts.

You stated:
"It is amazing though how negatively convinced someone can be with no real facts in their possession,

What do you mean "no real facts in their possession"? You have been worse than anyone in turning and twisting facts into something else thoughout all of your postings. What do you call no records? What do you call two tiny diamond specks? What do you call no financials reported to the SEC or to shareholders? What do you call taking the 5th by Urban Casavant? What do you call misleading/false statements on Form 15? What do you call not filing 10Qs/10Ks with the SEC? What do you call not having any drilling expenses for 2004? What do you call giving monies to CIM and for what good reason? What do you call the Carolyn pipe being a complete failure? What do you call....I GIVE UP! You and others will continue the charade as long as you can, no matter how much it may have drawn or draw others into supporting your pps.

You stated: I guess it is "hoping that others hope fails".

You must be out of your mind that stating facts such as many of us have presented is "hoping that others hope fails". NO! Just an attempt to show others reality so they don't make the same mistakes again by listening to someone such as yourself who starts and encourages hopeless hope.

You also stated:
"I am not promoting or pumping the company, but only tryiong to support my investment and my fellow investors."

Obviously you have no idea or concept of exactly what constitutes promoting and pumping. You have done nothing but promote and pump CMKX. Maybe you are in for a lawsuit as well for your so called contributions to shareholder losses. I do not think it would be a bad thing to happen to someone such as yourself or to any major pumper.

How can you even look yourself in the mirror knowing that many people may have purchased and lost considerable amounts of money because of something you have said, twisted, spun, omitted, or etc.?

[ May 18, 2005, 00:04: Message edited by: Wallace#1 ]
 
Posted by Upside on :
 
Well I guess he's gone. Didn't answer any questions, just came in here to politely tell us we're all fools. Oh well.
 
Posted by Ric on :
 
Come on Wallace, they have facts. CMKX sponsors a race car. UC bought a new 3 million dollar home and a Hummer. He travels the country promoting the sell of CMKX shares at the race tracks. He has parties in Vegas. See, lots of facts.
 
Posted by Wallace#1 on :
 
bill wrote: "every large shareholder has been counted. even more so since they can fax the numbers in free & not join the OG."

Yes, bill, and it gives FizzleFrazzle the perfect list to bring class action suits against UC and cohorts, pumpers (maybe even people like DrD) and former advisors such as RG, Desormeau, etc.

DrD,

Yes, stay around. It will be an extreme pleasure for some of us to mince words with a person as knowledgeable as yourself. Maybe you will either give some answers or get some REALITY ANSWERS about CMKX. However, if you have been a member for as long as you say, reality has not yet set in, huh?
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
Dr. D, please stick around, it would save me a lot of copying and pasting here. You are exactly what this forum needs.

Oh by the way what flavor kool-aid do you like? [Big Grin]
 
Posted by legaleagle on :
 
On to more tantalizing posts: DeliDogs serving up Chicago Style Dogs at the Joliet event. Free for shareholders: http://www.delidoghouse.com/jolietevent.htm
 
Posted by DrDiamond on :
 
Proof sometimes is like a good recipe that has been assembled with every ingredient added in the exact and precise measurement, mixed appropriately according to the prescribed instructions and set in the environment to cook until the predetermined and expected results have been achieved. I believe even Frizzell has shown that we are bringing forth the recipe to successfully "prove" that a NSS position on CMKX is and has been an "absolute".

Either that or Frizzell needs his head examined for falsifying information to the SEC.

I appreciate your need and desire for entertainment bill-1352, (poking holes [Smile] ) but I am not here for your pleasure or displeasure I am simply here because some of my fellow investors asked me to stop by and say hi and I have agreed to do so. Too, I see you sold your position on CMKX and chose to take a loss, which that does leave a bad taste in someones mouth for sure. I don't know why you bought or why you sold, but I am sure you had your reasons.

I bought in 2 years ago after doing some research on the claims and looking at the low cost for the investment opportunity. I have found CMKM Diamonds to be a roller coaster of and adventure that has set records in trading and probably others that we will find out soon.
Just for ha ha's how would you process the info that Bill Frizzell has supplied to the SEC and the shareholders to date carrying some 57 million each.

I believe the numbers will drop more as the other shareholders report and their data is collected, but it would have to drop below 2 million per remaining shareholder for there to not be a NSS position already in place for CMKX. Even in my optimistic view I see no way that 52,000 more shareholders bought less than 2 million shares on the average. Too, not all of the huge shareholders are on board yet with the shareholders Group, believe it or not.

You will be right until the recipe is finished cooking and then the proof of the cummulative efforts of all of the added ingredients will prevail and the NSS position will be exposed and will show that it was an absolute for sometime the problem was that it was concealed.

Remember the world was believed to be flat and the center of the universe until just over 100 years ago or so. The absolute is that it was round and revolved around the sun with other planets, but it was concealed. This made it no less an absolute that it was round and revolved around the sun, the problem being that it just had to cook until those listening could receive the truth of the obvious.

Thanks for listening. JMHO and I ask that you treat them as such.

Success to all.

Dr.D

FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
(903)595-1921
Fax (903)595-4383
E-Mail jmartin@cmkxownersgroup.com


This request is being made on behalf of 5,050 shareholders of CMKX stock. These shareholders own over 300 billion shares of common stock. This number does not include shareholders who possess certificates of ownership. A current NOBO/OBO list has confirmed that there exists a minimum of 59,669 accounts in various firms with holdings of CMKX. A December 2004 certificate detail report from the transfer agent states that 2033 people hold certificates of ownership. Those certificates represent 326 billion shares being held by individuals other than Cede and Co. By these numbers 626 billion shares are owned by only 7,083 shareholders. The company states that 703 billion shares are issued and outstanding. The CMKX shareholders that own the balance of the 59,669 accounts (an estimated 50,000) are confirmed owners of the remaining of the outstanding stock. I trust you can understand our need for the information requested in this document. I will be glad to provide you with documentation of my groups share ownership upon your request.
 
Posted by Doctoall on :
 
GEEZ these guys will do anything to protect this SCAM.

CMKX is nothing but a SCAM. [Big Grin] The only people who got rich with this stock is Urban et al. and his low life pumpers. I am still holding my certs so that I will never run out of azz wipe, actually not even a good quality paper.

Dr. D if my shares are worth so much then you should not mind giving me $1.25 per share now should you?
 
Posted by Wallace#1 on :
 
DrD wrote:
"I believe even Frizzell has shown that we are bringing forth the recipe to successfully "prove" that a NSS position on CMKX is and has been an "absolute".

RESP: We have already discussed recipes....including crow, spare ribs and other things. This is no cooking class when it comes to CMKX and the damage created.

DrD stated:
"I am simply here because some of my fellow investors asked me to stop by and say hi and I have agreed to do so."

RESP: I thought you said you were doing something other than "promoting or pumping" CMKX.
Something like maybe thinking about addressing UC's "Master Plan", the conflicts of interest involved, the precise nature of expenses and where monies have gone, why no 2004 drilling expenses, etc., etc.

You also said:
"Remember the world was believed to be flat and the center of the universe until just over 100 years ago or so. The absolute is that it was round and revolved around the sun with other planets, but it was concealed. This made it no less an absolute that it was round and revolved around the sun, the problem being that it just had to cook until those listening could receive the truth of the obvious."

RESP: Now both a history lesson and a cooking lesson reference just to take up space and spout off words.
 
Posted by Wallace#1 on :
 
Hey Doc, if you have just a 1 share certificate I will give you the $1.25 for it. It would look great framed above the bathroom toilet with a "classic" quote beneath. I am serious! Just one though. I don't want to go broke buying CMKX.

Guess what, if you do and we make the deal, it will never show up on the daily trading volume. Of course, like I said before, the same would be true if we traded 5 million CMKX shares.

PS: Don't tell that to legal, Debi, Van or any of the CT people. They think they will show up.
 
Posted by legaleagle on :
 
He scares ya, huh, Wallace. LOL
 
Posted by Upside on :
 
Actually DrD, the way the final numbers are going to flush out are that approximately 11,900 shareholders are going to own about 560 billion shares, (roughly 47 million each) and about 47,700 share holders are going to hold the remaining 143 billion or about 3 million each. That is based on a proven statistical model and my assertion that Urban and other insider holdings are negligible.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by legaleagle:
He scares ya, huh, Wallace. LOL

Oh yeah! Really scared. What a laugh....more of a joke. Even you, legal, are not that demented.
 
Posted by legaleagle on :
 
Well, at least Dr. D conducted himself as a gentleman. Can't say that about his detractors.
 
Posted by Wallace#1 on :
 
How about some powder for your nose, legal?
 
Posted by Upside on :
 
Originally posted by Legaleagle:
quote:
Well, at least Dr. D conducted himself as a gentleman. Can't say that about his detractors.
Hey! I behaved, I even gave him 5 stars just for showing up!
 
Posted by legaleagle on :
 
Up, do you rank yourself with the "detractors". You are a neg, but you don't stoop to bashing people.
 
Posted by DrDiamond on :
 
Wallace,

I will humor you with answers I am sure you will reject!

Question #1 What do you mean "no real facts in their possession"?
Answer #1 i would ask a few questions of you in this resolve. Have you seen the claims reports? Lab results? TDEM results? Financials? Share Structure? Are you an insider? What Facts do you think you have? I would venture to say you have very few like the rest of us.

Question #2 What do you call no records?
Answer #2 How do you have a draft of 2002, 2003, 2004 already admitted to in the Hearing without records? Sure they were sorry at keeping books, I never said they weren't. Your No Records statement sir is "no fact" at all!

Question #3 What do you call two tiny diamond specks?
Answer#3 Where do you get your information from to know that the company reported only two diamond specs? CMKM Diamonds never reported that. Let's try and stay focused if we can. Remember we are stating facts! You must be referring to a very minute set of core sample results that were sent by a JV partner from a partial lab test on Carolyn around a year ago. I didn't invest on or party over our JV's partial reports which were never confirmed or reported to be the results of all of the core samples taken. I would call two diamond specs though - weak evidence that those core samples tested came from the center of a diamondiferous kimberlite pipe.

Question #4 What do you call no financials reported to the SEC or to shareholders?
Answer #4 From what I read of the "facts", a Form 15 was filed by the company in July of 2003 that removed their filing requirements. We all know now that the Form 15 was discovered recently to have been filed in error, but that is the reason no financials were filed. Even with "no obligation" to file, Urban was still spending money and taking steps to be fully reporting and still is today. Why would you do that if you were trying to hide something? You don't. You take the money you've made, file bankruptcy, shut it down and move on.

Question #5 What do you call taking the 5th by Urban Casavant?
Answer #5 His constitutional right. A lot of good men fought and died for his right to take the 5th for whatever reason he choses too. If an officer of a company knows that the information he has been supplied with is not complete or in error and you have the SEC or anyone else in a courtroom holding you accountable for every word you utter, you take the 5th, if your smart.

Question #6 What do you call misleading/false statements on Form 15?
Answer#6 - I would call it an error of management at some level and degree nearly 2 years ago that would need to have a Form 15A filed in order to correct the mistake and that is exactly what happened. There is no evidence that this was done intentionally or fraudulently seeing that if that were the case CMKX would be halted right now and Urban Casavant that signed off on the original Form 15 would have charges filed against him. The "fact" is we are not halted and Urban does not have these charges filed against him to my knowledge.


Question #7 What do you call not filing 10Qs/10Ks with the SEC?
Answer #7 See answer #4

Question #8 What do you call not having any drilling expenses for 2004?
Answer #8 Could you give me a link to that information so I could review it in it's entirety. I have not seen that one. If it is the case then that is one "fact" that I have not seen. My guess would be, that our JV's must have shouldered the cost seeing that they were more than likely in position to absorb these expenses as part of the Joint Venture. In all truth, that one I don't know for sure.


Question #9 What do you call giving monies to CIM and for what good reason?
Answer # 9 I think it was obvious that we gave money to CIM for 10% of the profits for lifetime. Plenty of Zinc claims where 10% would definitely be worth more than the 1 million dollars we paid for them. Plus it was a spin off that the company gave shareholders a stake in and I would not believe there is anything wrong with boosting it for the potential benefit of all. Also - There is no way you could know that it was a "fact" that "it was for no good reason".
You are breaking the rules here.

Question #10 What do you call the Carolyn pipe being a complete failure?
Answer # 10 - No fact! There is no evidence that Carolyn was a complete failure, except possibly to us. Obviously our JV partners were responsible for keeping the claim up to date and failed to do so, for some reason. Carolyn may be in the hands of Aztec or some other company at this point, but it was one target amongst many. It sounds like someone placed high hopes way beyond reality and wanted to make a million over night.

What do you call....I GIVE UP!
I'm glad you gave up! [Smile]

It seems that some of your facts are not necessarily negative facts at all. I have spent too long trying to answer these questions. Thanks for trying to base your questions on "true facts" as it was interesting.

Personally, however, I don't think the bashing of my character or the intent on which I support the company is of any fact to you whatsoever. I appreciate your position and you are entitled to it, but I would appreciate it if you would return a little respect my way as well.

Thank you sir.

Good day. I hope you succeed in your investments and learn to be a little more considerate.

Be well.

Dr.D
 
Posted by Wallace#1 on :
 
Great! Before I read them I will LMAO, OK?

"I will humor you with answers I am sure you will reject!"
 
Posted by Wallace#1 on :
 
DrD,

Read your weasel worded responses. They lack merit. Still LMAO!

"I would appreciate it if you would return a little respect my way as well."

RESP: You must first earn it!!! Just as do UC, Glenn, Dhonau, Desormeau, Williams, Casavant family members, Dvorak and others.
 
Posted by Wallace#1 on :
 
Now, I am tired from all the difficulty I have had responding to both legal and DrD. LOL Good night.
 
Posted by DrDiamond on :
 
Hi Wallace,

I read some of your other comments about me. Very distasteful IMHO.

Are you a representative of the typical response one can get when coming to the All Stocks boards?
Does everyone get this kind of treatment from you?

If one disagrees with another it should be done within the framework of some kind of decorum. I can see that a logical conversation within those parameters may be unlikely to manifest with you, so do not take offence if I do not respond to any more of your outbursts or rantings.

I am very new to this board although I am not new to confrontation. I did not come to confront, convince, or connive. I see you have an agenda and I do not intend to play along. I made an effort to be reasonable and I ca see it was unacceptable to you.

I enjoy conversing with reasonable and logical investors that may have a contribution to make whether I agree with them or not is irrelevant as I understand completely I don't have all of the answers to the questions I have, but I am searching for solutions and not slanders.

Thank you very much for your time. I assure you I did not intend on intruding your domain of negativity.

Be well. Success to you with all sincerity.

Dr.D
 
Posted by Ric on :
 
I like that, under 300 shareholders when really 689 is a mistake. You make a mistake when your 10% off not 130% off. Come on here, thats silly to thank thats an error. geez

The no expenses for 2004 came out of the Admin hearing.

Well no records is what CMKX has given to anyone, like auditors. UC said he had Voids in the records. How big is the void is dependant on what UC needs to hide.

But you said it all. Basically you agree with us. That the company refuses to give information. So how can you say this is a sound investment when all you can do is hope they aren't lying to you.
 
Posted by legaleagle on :
 
Very weak response Wallace. All you can do is attack the messenger instead of the message.
 
Posted by DrDiamond on :
 
quote:
Originally posted by Upside:
Actually DrD, the way the final numbers are going to flush out are that approximately 11,900 shareholders are going to own about 560 billion shares, (roughly 47 million each) and about 47,700 share holders are going to hold the remaining 143 billion or about 3 million each. That is based on a proven statistical model and my assertion that Urban and other insider holdings are negligible.

Hi Upside.

That is very interesting. I know it would probably be a bother, but I would be very interested in looking at the input and the output that produced those stats.

Are they based on known and quoted shareholder/share numbers? The reports testified on the SEC request by Frizzell shows Much higher figures, that he says can be proven. Also he states that those numbers exclude anything that CEDE holds. Thats tough to compete with when he is looking at the OBO/NOBO lists and taking numbers from the T/A records.

I am interested in looking at anything you can share, and I assure you that it will be appreciated and treated with confidentiality.

TIA.

Dr.D
 
Posted by DrDiamond on :
 
quote:
Originally posted by Ric:
I like that, under 300 shareholders when really 689 is a mistake. You make a mistake when your 10% off not 130% off. Come on here, thats silly to thank thats an error. geez

The no expenses for 2004 came out of the Admin hearing.

Well no records is what CMKX has given to anyone, like auditors. UC said he had Voids in the records. How big is the void is dependant on what UC needs to hide.

But you said it all. Basically you agree with us. That the company refuses to give information. So how can you say this is a sound investment when all you can do is hope they aren't lying to you.

Hi Ric,

I appreciate your comments.

Statement: I like that, under 300 shareholders when really 689 is a mistake. You make a mistake when your 10% off not 130% off. Come on here, thats silly to thank thats an error. geez

Answer:The CFO was Dave Desormeau from 2002-2004 and the accounting responsibilities were on him. I believe Wesley Casavant was also coordinating Desormeau's new fangled Computer Technology of linking everything together in Jan 2003. The company is relatively new in this shell (Cybermark). Urban was no bookkeeper and he knew it, so he hired those that should have known. I believe they advised him and he signed it trusting that it was a legitimate filing.


I didn't mean to infer that 300 could be mistaken for 698. I do agree that 300 is not 698 shareholders, but where did the numbers come from? They should have came from the T/A. If the Form 15 was filed with intent and it is proven, then I would expect the SEC to call Urban on it, because he signed off on it. This still could happen as the Hearing is not actually over yet. But, a misfiled Form 15 does not negate the validity of the company and its chances for success, IMHO.

Statement #2: The no expenses for 2004 came out of the Admin hearing.
Answer: Thanks, I missed that. I am very much looking forward to seeing the transcript as I couldn't make the hearing. Do you have a link to the info quoting it from the hearing? There may be other things I missed. TIA

Statement #3: Well no records is what CMKX has given to anyone, like auditors. UC said he had Voids in the records. How big is the void is dependant on what UC needs to hide.

Answer: I would disagree as to there being "no records" although what they did have pretty much were in sad shape and I believe had to be reconstructed. I believe the "voids" have to do with records they are still trying to recreate. There is always a paper trail and it can be followed especially when you are using a check book and dealing in shares. It may take some time, but Maheu said they could do it, and I am believing he knows better about what is in the company's possession than I do.

I think your statement "How big is the void is dependant on what UC needs to hide" is unqualified, but definitely within your realm of opinion and I can respect your position.

Statement #4 : But you said it all. Basically you agree with us. That the company refuses to give information. So how can you say this is a sound investment when all you can do is hope they aren't lying to you.

Answer: I'm not sure I agree with you, as I do not know what you believe. I do not believe that the company refuses to give us information, if that is the inference? I believe they could give us more than they have given us, but I believe what we really want to hear they can't give us, not won't give us. I don't think it is a "refusal" I think for one that the attorney's have squashed the release of most of the information we want to hear. Financials and Share Structure evidently is in question and it would be improper to give out numbers and statements that can't be "fully" supported and substantiated by the company. These are the key factors that are being worked on in the company, but they are being worked on and it appears in our current professionals opinions that they are confident they will be successful.

I believe there is more involved here than "hoping they are not lying to me" as a great deal of effort has been employed by myself and others to research everything that "is available" whether it is in the USA, Canada, Ecuador, etc... I don't think there is a so called "sound investment" without some kind of reasonable assumption that you have confidence in the ability of the company, its industry, its assets, its direction, potential, etc... I don't know of a Pink Sheet company that would meet my requirements for a "sound investment". Its a risk, we all knew that, know that and no one should be denying that. But that doesn't make it a loser, because it is volatile and risky.

Has CMKM Diamonds been handled like a Microsoft or General Electric? Absolutely not, but no one should have expected it to be either. Not at these prices. The company has the potential through the development of "proven assets" in Canada, USA, Ecuador, JV's, etc... to produce an incredible return per investment dollar.

The potential is there, in my opinion. The management team has, thus far, not proven itself to be successful in accomplishing significant development in the assets as too have proven increases in the shareholder value and/or the market value of the security. But, the potential is still there. The management team is changing, developing, internally Maheu said they are overhauling the management team. That makes the investment that much more "sound" IMHO. Because a "true seasoned management team" will be able to secure the company internally so that it can catch up to what it has developed into externally.

Simply it grew to far to fast and they weren't ready for it. They are getting ready and the potential and probabilities are still there. IMHO

I have said and still say you should never invest anything in a Pink Sheet stock, especially in the Mining Industry, which is mostly exploration and development, that you are not willing to risk 100% loss.

Many of us have received 3 dividends (that may show value one day and may not), but we have them nonetheless and we are still in the mining business, with or without a security registration.

Anyone that thinks the market isn't a gamble regardless of the company and or security must not have been around for the Enron, WorldCom, and Dot.Com scenarios. I saw them all and survived through them all, but just barely at times. Those were portrayed by the "market" as being sound investments.

I believe CMKX is as sound as one would expect in the pinks/otc for these prices and with the incredible adventure it has been I wouldn't have traded it for all of my money back at this point.

Sorry for taking so long! I do that on occasion.

Thanks for your input Ric.

Be well.

Dr.D [Cool] [Big Grin]
 
Posted by Ric on :
 
I think a lot of everything is IMO but not all. For example the 703 billion o/s and that float is over 300 billion but don't know how much over because UC state that in March PR by stating shareholders list which has to have all insiders on it and all voting JV's aand cert holders. Since float wasn't stated itself then no one know what it is exactly above 300 billion. Could be 696 billion for all we know (703 billion minus original share distrubution).

There are a few other facts but almost every part of the company is hidden from the shareholders. Why hide good information. And I have heard the spill why but this is a reporting company. And if UC really does intend to file then whats the big deal with being honest with the shareholders. Basically all information from July 2003 to March 2nd 2005 is one big void. PR's were vague at best given so much room for theories with no real facts and O/S was not only hidden but led to believe very low. What was the statement something like we would be happily surprised by the o/s. Don't know about you but I wasn't very happy with it. But UC taken the 5th is no surprise to me. He has taken the 5th since 2003 to the shareholders.
 
Posted by tarq3 on :
 
FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
(903)595-1921
Fax (903)595-4383
E-Mail jmartin@cmkxownersgroup.com

May 17, 2005


Letter to the Troops


Greetings to All,

Yesterday, a very supportive shareholder came by the office as he was
in town handling other business. During an office tour and subsequent
conversation it occurred to me that many of you may not fully
understand the task we have undertaken; therefore, the following. .


John and I have conducted many tours of the work areas for quite a
number of shareholders in the past weeks, but this particular tour
gave me reason to write this letter. The questions from this
shareholder were similar to questions asked by most of you in emails
and phone calls. However I feel the need to digress for a moment and
review the big picture of what our mutual task has become.


War on Naked Shorts


Thousands of CMKX shareholders have invested millions (and possibly
billions of dollars) in a micro penny stock having the potential to
become a solid long term investment and may enjoy a huge run-up in the
short run if progress can continue to be made on several fronts. This
investment by shareholders was made during a time when a serious
trading technique known as naked shorting flourished in the market
place. Most of us knew little of its damaging effects and were
willing to risk substantial funds once we heard of the potential value
of the claims owned in Canada by CMKX. As we all sit amazed at the
unending cellar boxing of our stock, we have joined together to fight
the lawbreakers responsible for this illness in the stock market.


Are We Fighting Some Death Spiral Financing?


I will try not to be overly dramatic about the effects on our stock of
the market participants that see no problem violating SEC covering
rules existing on the SEC books since the passing of the 1934 Act. To
add to our challenge, we are slowly learning about another devious
financing technique known as death spiral financing: this is a *******
child of naked shorting. The effects are the same for the most part
except a takeover by the financier is sometimes an initial underlying
purpose. I cannot confirm that CMKX management entered into any such
agreement, but I have serious concerns about the distribution of our
stock and how certain people came into possession of that stock. I
will have more info for you as my investigation proceeds. As I see
it, this is merely one more battle for us as a group. As our staff
pours over stock transfer records and the NOBO/OBOlists, in
conjunction with various pr's and documents we have found from
2002
and 2003, we are piecing together a very detailed chronology of
company events and transactions. I am not sounding an alarm nor am I
ready to point fingers, but we are gaining the knowledge needed to
proceed and help our company..


The Immediate Task


I took delight in answering questions yesterday regarding the assembly
line we have set up to document the share ownership by the vast
majority of CMKX shareholders. We have gone to great expense to use
current technology to assist us in creating a digital mass of records,
which can be presented, in one single CD to anyone requiring proof of
the massive short selling of our stock. I read yesterday that Senator
Shelby has become interested in looking into the CMKX
matter--wouldn't
it be nice if we could hand Senator Shelby and others a single CD
proving, without question, that a company's stock had been naked
shorted and that such shorting continues as we speak? Never before
has any company sought to gather monthly statements from its
shareholders to show what sales have occurred through the brokerage
houses as proof of illegal short selling. We have been told we will
be lucky to get 20% to 30% of the shareholders to respond to our
requests. Fortunately for us, even 20% to 30% will document a
massive naked short position in this stock.


Very few of the group's members have actually seen the final work
product of the fax in campaign. When I met with the SEC on the day
after the hearing in Los Angeles, I carried with me a 100-page summary
containing a line of information for every shareholder that faxed his
or her statement into our office. I also carried a CD ROM, which
contained a tif. file for each document faxed to us. Any person
(Congressman, Judge, or SEC Attorney) can put this CD in his or her
computer and have access to the information we have compiled. The
first page appearing on the CD reads as follows:


Exhibit __

CMKX DIAMONDS, INC.
Shareholder List
(verified by brokerage statements and issuer current NOBO list)

Total Share Amount: 302,097,079,212


First Name


Last Name


Acct Num


Acct Type


Share Amount


Broker


Cusip


File Name


Each page with the heading above has fifty lines containing the above
info on fifty different shareholders. When anyone clicks his or her
mouse on any one line, the document pops up in its entirety. It will
be difficult for anyone to dispute our evidence when gathered in this
way. The ultimate key to our success is to have as many shareholders
as possible forward their information to our office so we can document
the total owned shares.


Why have companies never taken the trouble to combat the naked short
sellers? More often than not the company being victimized is on shaky
grounds to start with. Generally, they have a poor product or
unscrupulous management. The devastating effects of such short
selling have proven effective in bankrupting the targeted companies so
in most cases the investors write off the loss and simply swear off
pink sheet stock investing. Well, I am proud to say that I represent
thousands of shareholders who want to straighten out this mess and are
willing to back the company for the fight.


Many Americans have a dream of starting a small company and some day
walk it through the steps of becoming a public company. Should
everyone have to fear an attack and market manipulation by market
makers and hedge funds if they want to start small in the market and
work their way up? Should everyone be forced to fear collusion by the
brokerage houses and the market makers when you deliver your hard
earned dollars to your broker? The answer is a very emphatic NO!


Thus, I encourage you to continue banding together and keeping up the
good fight. You would be amazed at what a group of 50,000 people with
a common purpose can accomplish. I want to accumulate monthly
brokerage statements totaling one trillion shares in this stock. I am
confident this goal can be reached in a reasonably short period of
time. We are beginning our mail-out campaign today to many
shareholders that have not faxed in their share information. I would
appreciate your encouragement to those that have not sent their info
in for whatever reason. This documentation will serve you well.


We will report to you our progress.


Onward,


Bill


PS. Check out the newly designed CMKX Owners Group web site at
www.cmkxownersgroup.com If you have not already sent in your
brokerage statement, go to the web site in the document section and
click on the icon titled Naked Short Fax Campaign and follow the
directions.
 
Posted by ed19363 on :
 
Great...we ask for facts, and a filing, and a PR, and we get a cooking lesson.

Hilarious....
 
Posted by legaleagle on :
 
Wallace, I was happy you visited 32, and thought maybe you would see what the rest of the CMKX world thought about the stock.

But instead, you simply provoked the ire of the largest CMKX message board. Didn't you know that Dr. D was a global moderator there?

In addition he is the most respected and cared for shareholder in the company. I would venture to say he is more respected by the longs than even Urban.

Not exactly the man you wanted to call a "weasel". IMO
 
Posted by legaleagle on :
 
Street Shares: 268,688,495,148
Cert Shares: 31,314,954,852
Total Shares: 300,003,450,000
Signed Agreements: 5133
 
Posted by bill1352 on :
 
well i guess i went to bed a bit to early but 3am is always too late as work calls each morning. dr d i was respectfull (if you come back to read this) not because you have earned my respect but because you have not harmed anyone other then to drain their checkbook. all lessons in life cost something. you say its like cooking, ok they add the ingredients listed not ones made up out of thin air. after reading your posts in here i'd say the list of incorrect statements and , lets call them half truths is about as long as your posts. i'm not going thru the whole list but i'll take a few & punch holes in. as i said very easy to do. diamondferious pr...canada stopped the trading of the jv's till they reported the whole story. they even gave the size of the flecks. as only 1 set of samples were tested the results apply to all companies involved. but that pipe is gone & with it the core samples that were to be tested, the locked away samples. next, the form 15...if you go back a few pages in here there are reports from court, in there the T/A stated that 6 months before filing that form 15 cmkx had over 300 shareholders in fact if memory serves me about the time cmkx filed its last 10Q. not once in 6 months was a simple phone call made to the T/A. now is this proof the intentionally lied? no, but if your filing legal papers lets say tax returns one would think looking at your W-2's would be in order. filing a report to the SEC to stop reporting should at least merit 1 phone call to the T/A. if this is not done it would be foolish to not at least entertain the thought it was done on purpose, to it you must add future actions. actions such as misleading prs, lack of record keeping, false statements (green baron interview), hiding real company info & questionable deals would add to the belief it was done on purpose. all of which have happened. you say we have no facts as bashers, i say your either blind to the facts or purposely ignoring the facts.
 
Posted by glassman on :
 
quote:
Originally posted by legaleagle:
Wallace, I was happy you visited 32, and thought maybe you would see what the rest of the CMKX world thought about the stock.

But instead, you simply provoked the ire of the largest CMKX message board. Didn't you know that Dr. D was a global moderator there?

In addition he is the most respected and cared for shareholder in the company. I would venture to say he is more respected by the longs than even Urban.

Not exactly the man you wanted to call a "weasel". IMO

wow! wallace you stirred up the fire ant nest this time...LOL

a global moderator...hmmm that sounds a lot like god.....

i guess that makes him the grand koolaid dispensor or something.. [Big Grin]
 
Posted by Wallace#1 on :
 
legal wrote:
"thought maybe you would see what the rest of the CMKX world thought about the stock."

W: I did see it, legal. As a matter of fact I posted one of the responses where a person has lost over $30,000 - - probably entirely due to spinning and pumping by such people as you, Debi, Van and most especially those like DrD, Zen, Green Baron, etc. THAT IS A DISSERVICE TO THE TRADING PUBLIC.

legal stated:
"But instead, you simply provoked the ire of the largest CMKX message board. Didn't you know that Dr. D was a global moderator there?"

W: I couldn't care less about provoking the ire of either DrD or the largest msg board. Said message board is a complete waste of time and moderated ("global" - LMAO) by DrD who is a well known avid promoter and pumper.

Furthermore, he posted here at the request of joeturdbowl (goferschit) who went crying over there. Guess who followed up with some of his usual nasty input? JBCak (aka byrdturd and a bunch of other user names because of his filthy mouth). That is the kind of person DrD encourages on his forum.

legal said:
In addition he is the most respected and cared for shareholder in the company. I would venture to say he is more respected by the longs than even Urban."

W: DrD is nothing more than a promoter and pumper of CMKX and, obviously, in bed with Urban and cohorts. You, legal, as well as Debi and Van do not begin to compare to the damage that someone like he, Zen, the Green Baron and others have done to entice unknowledgeable people into buying CMKX and losing $$$$thousands.


legal added:
"Not exactly the man you wanted to call a "weasel". IMO"

W: I couldn't care less about DrD's ire or his weasel wording, but would certainly point out the weasel wording. That is all the man appears to do other than apparently ask a question to answer a question. Just look at his responses.

His spins lack substance when put up against the real facts brought out in the past by others' research, by Urban's, Melvin's, Glenn's, Frizzle's and other statements, and, by the statements of witnesses at the SEC hearings.

We all know you members in CT, OB and the Cult worship his opinionated, pumped up tripe. His venue is nothing more than to try to raise the pps at whatever the cost to others. That is your problem, not mine. I do not want to see any more people suckered into purchasing CMKX by anything you cultists and he post. It is that simple.
 
Posted by Doctoall on :
 
quote:
Originally posted by Wallace#1:
legal wrote:
"thought maybe you would see what the rest of the CMKX world thought about the stock."

W: I did see it, legal. As a matter of fact I posted one of the responses where a person has lost over $30,000 - - probably entirely due to spinning and pumping by such people as you, Debi, Van and most especially those like DrD, Zen, Green Baron, etc. THAT IS A DISSERVICE TO THE TRADING PUBLIC.

legal stated:
"But instead, you simply provoked the ire of the largest CMKX message board. Didn't you know that Dr. D was a global moderator there?"

W: I couldn't care less about provoking the ire of either DrD or the largest msg board. Said message board is a complete waste of time and moderated ("global" - LMAO) by DrD who is a well known avid promoter and pumper.

Furthermore, he posted here at the request of joeturdbowl (goferschit) who went crying over there. Guess who followed up with some of his usual nasty input? JBCak (aka byrdturd and a bunch of other user names because of his filthy mouth). That is the kind of person DrD encourages on his forum.

legal said:
In addition he is the most respected and cared for shareholder in the company. I would venture to say he is more respected by the longs than even Urban."

W: DrD is nothing more than a promoter and pumper of CMKX and, obviously, in bed with Urban and cohorts. You, legal, as well as Debi and Van do not begin to compare to the damage that someone like he, Zen, the Green Baron and others have done to entice unknowledgeable people into buying CMKX and losing $$$$thousands.


legal added:
"Not exactly the man you wanted to call a "weasel". IMO"

W: I couldn't care less about DrD's ire or his weasel wording, but would certainly point out the weasel wording. That is all the man appears to do other than apparently ask a question to answer a question. Just look at his responses.

His spins lack substance when put up against the real facts brought out in the past by others' research, by Urban's, Melvin's, Glenn's, Frizzle's and other statements, and, by the statements of witnesses at the SEC hearings.

We all know you members in CT, OB and the Cult worship his opinionated, pumped up tripe. His venue is nothing more than to try to raise the pps at whatever the cost to others. That is your problem, not mine. I do not want to see any more people suckered into purchasing CMKX by anything you cultists and he post. It is that simple.

Awesome post Wallace, the cult is still trying to pull innocent people into the CMKX SCAM [Big Grin]
 
Posted by Wallace#1 on :
 
Another thing, legal, that I alluded to but did not discuss in any detail is one of your posts as noahltl. Do you remember when you suggested a suit against a so-called basher that you tried to frighten me with?

If anything, that suit also created precedent for just the opposite. A SUIT AGAINST PUMPERS AND PROMOTERS!!! Bear that in mind! And remember, as a former CMKX shareholder I have rights to litigate in that direction if I wish as does any shareholder - former or present.
 
Posted by legaleagle on :
 
Ahh Back to the "messiah complex".

If anyone lost $30,000 on CMKX, it is because they sold. Those of us that still hold haven't lost anything.
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
Another thing, legal, that I alluded to but did not discuss in any detail is one of your posts as noahltl. Do you remember when you suggested a suit against a so-called basher that you tried to frighten me with?

If anything, that suit also created precedent for just the opposite. A SUIT AGAINST PUMPERS AND PROMOTERS!!! Bear that in mind! And remember, as a former CMKX shareholder I have rights to litigate in that direction if I wish as does any shareholder - former or present.

Bring it on. And if I wanted to sue you, I wouldn't try to frighten you with it, I would just do it.
 
Posted by tntrader on :
 
I'm so tired of seeing this thread.
 
Posted by Doctoall on :
 
Wallace. I hope that there is a group that forms to litigate the pumpers and Urban et al. I for one will join in a heartbeat [Big Grin]

This SCAM needs to stop. It makes me sick when I think of people like WWJD thu me and others who continue to pump this stock. I know WJWD, he would take a whip and cleanse out the temple of these CMKX money changers and crooks.
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
Ahh Back to the "messiah complex".

If anyone lost $30,000 on CMKX, it is because they sold. Those of us that still hold haven't lost anything.

You have lost your dignity and respect for other humans as you continue to pump a scam and take innocent people for their hard earned money to cover your own losses.

Legal for sure you have lost, but the sad part is that you can't even see your loss as a human being.
 
Posted by justplayin on :
 
Great, now not only are the brokers going to make money, we let the lawyers get some too.

The fastest way to go broke is to throw good money after bad.
 
Posted by glassman on :
 
yes, buy this so you can save all the orphans of the world with gazillions in profits you wil get...

sheeeesh there is a special hell for that stuff
 
Posted by Wallace#1 on :
 
legal, you wrote:
"If anyone lost $30,000 on CMKX, it is because they sold. Those of us that still hold haven't lost anything."

Look back or go to your friend and savior's site and read what that person posted. Did he say he sold? Did I say he sold? Whether he sold or not, he stated he lost over $30,000. That loss has to be due, at least in part, to the avid pumpers surrounding CMKX, CT, OG Members and Cult Members. There is no question about that!
---------------

you also wrote:
"Bring it on. And if I wanted to sue you, I wouldn't try to frighten you with it, I would just do it."

Then why did you bring it up in the first place? Who do you think you are bullschitting, one of your Cult members?
 
Posted by tntrader on :
 
If anyone invested $30,000 in a sub penny they deserve to lose it.
 
Posted by Wallace#1 on :
 
I find it extremely amusing that in the one case (Christian Traders) they call themselves "Super Administrators" and in the other case (with DrD) it's "Global Moderators". Do any of you see Bob Frey or Allstocks playing those childish games to make themselves feel more important than anyone else? Guess that's part of the koolaide rush!
 
Posted by legaleagle on :
 
Wallace, I see since you can't respond intelligently to Dr. D. you have decided to attack me, Christian Traders, and others. Well, nothing new about that. Just change the subject.
 
Posted by Wallace#1 on :
 
Aren't you the one who said, "Now it's war", legal? Didn't your FizzleFrazzle refer to a "War". Have you ever heard of a war where no one is attacked in some manner or form? This is little more than a chess match to me, but I (and others on this thread) are the guys with the white hats.
 
Posted by will on :
 
Now we have a real ballgame, folks.

I love this stock. I love these CMKX threads.

Dr D., I'm going to the Chicago race, just to meet you and noah.

Great stuff, keep it up guys.
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
Aren't you the one who said, "Now it's war", legal? Didn't your FizzleFrazzle refer to a "War". Have you ever heard of a war where no one is attacked in some manner or form? This is little more than a chess match to me, but I (and others on this thread) are the guys with the white hats.

I don't think Gene Autry or Hopalong Cassidy would be too proud of your bashing. LOL

Signed: "Black Bart"
 
Posted by Wallace#1 on :
 
Out of the mouths of babes - do as I say...not as I do:

legal wrote: "since you can't respond intelligently to Dr. D. you have decided to attack me, Christian Traders, and others."

Just a bit of a contradiction in philosophy there, huh, legal.
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
Out of the mouths of babes - do as I say...not as I do:

legal wrote: "since you can't respond intelligently to Dr. D. you have decided to attack me, Christian Traders, and others."

Just a bit of a contradiction in philosophy there, huh, legal.

Did I attack you personally Wallace? You are the one on the offense today, trying to regain the trust and loyalty of your merry men, after running away from Dr. D.
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by Wallace#1:
Out of the mouths of babes - do as I say...not as I do:

legal wrote: "since you can't respond intelligently to Dr. D. you have decided to attack me, Christian Traders, and others."

Just a bit of a contradiction in philosophy there, huh, legal.

Did I attack you personally Wallace? You are the one on the offense today, trying to regain the trust and loyalty of your merry men, after running away from Dr. D.
Legal at least we are merry men and not "scary men" like your band of Urban pumpers. Scam artist [Big Grin]
 
Posted by Wallace#1 on :
 
legal, see the way you spin things out of context?

"since you can't respond intelligently"

What the hell do you call that, legal, if it is not a personal attack? Do as you say, but not as you do!!!
 
Posted by legaleagle on :
 
Doc if you are going to remain childish in your posts, all that I can say is: "Sticks and stones........"
 
Posted by Wallace#1 on :
 
quote:
Originally posted by legaleagle:
Doc if you are going to remain childish in your posts, all that I can say is: "Sticks and stones........"

legal, if I thought it would do any good, I'd recommend a club instead of a stick, but I know it would not have any "impact" on your awareness of reality.
 
Posted by glassman on :
 
legal...you all really are pushing your luck with this....if CMK? gets shut down? i bet enough people are gonna be pi$$ed to insist on a full investigation, and the SEC won't be the target..it will be the pumpers IMO....
 
Posted by Wallace#1 on :
 
"What has UC ever done? Prison guard? Come on!"

Don't forget all the experience he gained idly sitting behind some desk writing up occasional U-Haul contracts when someone came in the door. That's quite impressive too.
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
Doc if you are going to remain childish in your posts, all that I can say is: "Sticks and stones........"

You go SCAM artist and your band of scammers. Legal you need some serious help with getting back to reality.

There use to be a cartoon at one time and in that cartoon there was a larger dog who always had a little dog running around him, always trying to please the big dog. Legal you remind me of that little dog, but you are running around the behind of Dr. D and Urban. Your view will never change as long as you are not the lead dog [Smile]

Geez Legal "get a life" [Big Grin]
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
Doc if you are going to remain childish in your posts, all that I can say is: "Sticks and stones........"

You may thing that I am childish but you sir have proven to us all that you are brainless, you can only repost what others have given you to post, no thought process on your own and that is for sure. Get back on the drugs it will do wonders for you. Scammer.
 
Posted by ed19363 on :
 
Legal, I would like to respond to Dr.D's posts if I may. His posts are remarkably like yours, mountains of horse manure camouflaged to look like information. I noticed one thing you both have in common: you both like to apply positive spin to a situation that is almost hopeless. His and your posts contain nothing but opinions, backed by no facts. The fact remains that CMKX has not filed, nor is it likely to do so. They can scream all they want about NSS, but nothing has been proven. Show me real numbers instead of guesses, show me real PRs with substance instead of fluff, and I just might possibly join your happy group. But until then this continues to look like a scam, with the boss claiming the 5th, nobody having any idea what the real numbers are, and a complete lack of regard for the shareholders. We get news about houses and cars, but nothing about drilling and filings. What kind of company is run that way.

Sorry, but to sum up, I have no respect for you, Dr.D, or any other pumpers until they climb off the UC bandwagon and make the company come clean with the shareholders on exactly what this company is supposed to be doing.

End of conversation, I'll be selling out in July unless UC and CMKX come up with something besides bull****.
 
Posted by bill1352 on :
 
legal posted: Did I attack you personally Wallace? You are the one on the offense today, trying to regain the trust and loyalty of your merry men, after running away from Dr. D.


who ran away??? i didn't run, wallace didn't run, will, upside, ric, doc, glass, ed didn't run. we are still here & have pointed out a few of the half truths & incorrect statements from the few posts your global moderator graced us with. this was done by using know facts & realistic guess's not ignored facts & lost in kool-aide guess's. any time he wants a rematch we will be here.

[ May 18, 2005, 12:13: Message edited by: bill1352 ]
 
Posted by ed19363 on :
 
Excerpt from Dr. D's post:

Question #1 What do you mean "no real facts in their possession"?
Answer #1 i would ask a few questions of you in this resolve. Have you seen the claims reports? Lab results? TDEM results? Financials? Share Structure? Are you an insider? What Facts do you think you have? I would venture to say you have very few like the rest of us.

This is what I have been asking of the Koolaid drinkers. My question is not to the pumpers, but to the company....WHY DONT WE HAVE THESE FACTS???

And I really dont think that qualifies as bashing. I just want the info I paid for when I bought shares.
 
Posted by ed19363 on :
 
Follow-up questions for pumpers:

How can you, with good conscience, pump a company that gives its shareholders no information, no filings, and the boss takes the 5th when asked questions?

Is there any tiny bit of fact that would make your pumping believable? If so, come on, put it out here. No more IMO, no more I thinks, let's have some concrete numbers.

What say, UC? You got any of this for us???
 
Posted by bill1352 on :
 
now ed you know thats a foolish statement. just because you have a legal right according to SEC rules is no reason to be upset. you have to figure in the damage such facts would do to the pps of cmkx, what with mm's, hedgefunds, debeers, the SEC, the DTC & us paid bashers all gunning for cmkx. just think of the damage we would cause to cmkx, & UC's reputation if we had the full story to work with. look what we can do with the few facts we have.
 
Posted by Doctoall on :
 
quote:
Originally posted by bill1352:
now ed you know thats a foolish statement. just because you have a legal right according to SEC rules is no reason to be upset. you have to figure in the damage such facts would do to the pps of cmkx, what with mm's, hedgefunds, debeers, the SEC, the DTC & us paid bashers all gunning for cmkx. just think of the damage we would cause to cmkx, & UC's reputation if we had the full story to work with. look what we can do with the few facts we have.

Heaven forbid that they be exposed for what they are [Smile] scammers.
 
Posted by ed19363 on :
 
I notice no replies from the faithful.
I'm only asking for the same info I've been chasing for the last 2 years plus.
Guess I'm the only one who wants to know where we are going with our eyes open.

I dont have the time nor inclination to chase UC around to races. If I did, I guess I'd get arrested for insisting on info.
 
Posted by bill1352 on :
 
well i'm bored so lets go over current numbers...lol from todays OG list


Street Shares: 268,876,581,831
Cert Shares: 31,321,954,852
Total Shares: 300,198,536,683
Signed Agreements: 5144

from frizzys letter on page 19


59669 accounts
2033 cert holders
326 billion in cert shares


now the float is at least 408.9 billion
54,525 shareholders have yet to be heard from & a total of 403.3 billion shares missing. of which 294.7 are cert shares. that leaves 108.6 billion street shares unaccounted for.

is it possible there is a huge NS...of course but since odds are at least 95% of the missing shareholders are the very small holders & from old threads here at allstocks a large number had less then 1 million shares i'd say the OG needs a bunch of big holders to come out of the woodwork.
 
Posted by Upside on :
 
Originally posted by DrDiamond:
quote:
Hi Upside.

That is very interesting. I know it would probably be a bother, but I would be very interested in looking at the input and the output that produced those stats.

Are they based on known and quoted shareholder/share numbers? The reports testified on the SEC request by Frizzell shows Much higher figures, that he says can be proven. Also he states that those numbers exclude anything that CEDE holds. Thats tough to compete with when he is looking at the OBO/NOBO lists and taking numbers from the T/A records.

I am interested in looking at anything you can share, and I assure you that it will be appreciated and treated with confidentiality.

TIA.

Dr.D

Now why would you assume it would be a bother for me to post the figures I used? Seems somewhat condescending to even suggest it. Anyway, as I stated in my initial post to you, my numbers are based on my belief that insider holdings are virtually non-existant or small enough to be meaningless which means that the public float is for the most part, the entire o/s. Assuming that, one can apply the standard 80/20 rule of business to the 703 billion o/s and the owners group number of 59,669 shareholders. 80% of the float will be held by 20% of the shareholders, the remaining 20% of the float will be held by 80% of the shareholders.

I realize that you do not agree with my assumption regarding the insider holdings but if you look at the numbers the owners group is reporting and the downward trend of the average holdings, it is playing out exactly as I am predicting.
 
Posted by bill1352 on :
 
where is dr d now...lol

8k out

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=3476387

what was it he said. where is the proof only 2 flecks were found??? well dr d HERE IS THE PROOF!!!!!


airbourne survey...remember the hundreds of sites possible??? 16 sites & that needs to be reduced. final conclusion...so far testing has been weak (from report) & ppl that know what they are doing needs to be hired.


DR D where are you now?????
 
Posted by bill1352 on :
 
notice the report refers to figure 1 & table 1 yet there is no table 1 shown. table 1 breaks down the 16 anomolies found from the goldtac airbourne survey...the big deal survey last yr... of these 16 some where houses & such. remember UC says there were hundreds of potential sites to test, how this survey removed houses & such?...i wonder can a pps go below .00004 on bid & .00007 on ask????
 
Posted by ed19363 on :
 
Ohboy...I see .000001 coming soon. Their conclusions and recommendations make it sound like there is no reason for further drilling.
 
Posted by Doctoall on :
 
quote:
Originally posted by ed19363:
Ohboy...I see .000001 coming soon. Their conclusions and recommendations make it sound like there is no reason for further drilling.

Sounds like a Scam to me, a few specks of diamond dust. Legal must be getting his response from Dr. D as we speak. [Big Grin]
 
Posted by bill1352 on :
 
i will say table 2 says they did drill in 2005. they didn't hit kimberlite but they drilled.. i sure wish table 1 was in there. even looked at pink sheets to see but its missing. figure 1 is the map we have seen many times.
 
Posted by bill1352 on :
 
ya think this report backs up any 1 of dr d's or zens or sterlings old value theories???...lol remember those big numbers??? remember how they keep saying if even 10% of those hundreds now 16 anomolies where good hits it would be worth billions? i said yesterday that i thought UC would let this get shut down & sell all claims for that supposed $36 million debt cmkx has...i dont think you can get $36 million for this now...lol
 
Posted by legaleagle on :
 
CMKM did not hire a geologist with the expertise of Mr. Jarvis to simply review the Caroline drilling report.

All of the holes drilled in this report are in approximately a 7km circle around the Caroline and do not encompass the drilling that may have occurred on the rest of the 1.1 million acres of the 025 Sask Ltd.

It is obvious that this is a "catch up" report and there will be more to follow.
 
Posted by Runamuck on :
 
Just do a reverse 1,000,000,000 for 1 split.. [Smile]
 
Posted by bill1352 on :
 
read table 2 legal...the 3 kimberlite hits were the carolyn pipe...the reports says as much in black & white. it does back up cmkx letting that claim go & makes the jv's sueing over it look foolish because it say no further testing suggested on the carolyn pipe...remember those diamond filled samples in that secure tool shed??? worthless.
 
Posted by bill1352 on :
 
Runamuck
Member


Member Rated:
posted May 18, 2005 14:44
--------------------------------------------------------------------------------
Just do a reverse 1,000,000,000 for 1 split..

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


yep & end up with a pps of .0001...lol
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
CMKM did not hire a geologist with the expertise of Mr. Jarvis to simply review the Caroline drilling report.

All of the holes drilled in this report are in approximately a 7km circle around the Caroline and do not encompass the drilling that may have occurred on the rest of the 1.1 million acres of the 025 Sask Ltd.

It is obvious that this is a "catch up" report and there will be more to follow.

Legal: this is very typical of CMKX, hire qualified people for a smoke screen, pay them a bundle and get nothing from them. Just more crap for the SCAM.
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
read table 2 legal...the 3 kimberlite hits were the carolyn pipe...the reports says as much in black & white. it does back up cmkx letting that claim go & makes the jv's sueing over it look foolish because it say no further testing suggested on the carolyn pipe...remember those diamond filled samples in that secure tool shed??? worthless.

Did table 2 say that they had all of the core samples tested. It does say they were split by the geologist. Perhaps that splitting showed all that they needed to know with analysis. If you can read "out" of it, then I can read into it. And don't forget we still have 4 blank pages in this filing.
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by bill1352:
read table 2 legal...the 3 kimberlite hits were the carolyn pipe...the reports says as much in black & white. it does back up cmkx letting that claim go & makes the jv's sueing over it look foolish because it say no further testing suggested on the carolyn pipe...remember those diamond filled samples in that secure tool shed??? worthless.

Did table 2 say that they had all of the core samples tested. It does say they were split by the geologist. Perhaps that splitting showed all that they needed to know with analysis. If you can read "out" of it, then I can read into it. And don't forget we still have 4 blank pages in this filing.
The blank pages are for Urban to plea the 5th [Big Grin] that is why they are blank.
 
Posted by bill1352 on :
 
table 3 is the sampling summary..sample 5 had 2 micro diamonds weighing .011 milligrams

table 2 is the drilling report. a total of 16 holes drilled from 3/30/2004 till 3/23/2005. the first 5 are labeled carolyn and 3 of these hit kimberlite. none of the rest hit kimberlite. 16 holes drilled in 1 yr...i'd call that hard at work.. the last paragraph says it all...get help, i'm not the 1 to recommend drilling sites. another waste of money
 
Posted by Upside on :
 
Is there a market for sediment? If so, this is going to the moon because they sure seem to have a lot of it!
 
Posted by Doctoall on :
 
Legal are you and Dr. D busy filling in the blanks? Sorry I forgot they are blank because you cannot say what is happening!!!!! [Big Grin]
 
Posted by legaleagle on :
 
Some may recall that at the first race of the year, Emerson Koch (technical owner of 025 Sask) was telling shareholders about 60 holes drilled.
 
Posted by legaleagle on :
 
Some computer geeks are saying the html has been altered deliberately. Some body holding back the filing? Or simply a technical glitch?
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
Some computer geeks are saying the html has been altered deliberately. Some body holding back the filing? Or simply a technical glitch?

Somebody plead the 5th [Big Grin]
 
Posted by Ric on :
 
What I want to know is where all those diamonds locked up in a secure place came from? Obviously they didn't come out of a mine that cmkx owned. Isn't that what the longs have been saying? Maybe they were talking about UC's wife jewlery in the homes safe.
 
Posted by GatorMan on :
 
quote:
Originally posted by ed19363:
Follow-up questions for pumpers:

How can you, with good conscience, pump a company that gives its shareholders no information, no filings, and the boss takes the 5th when asked questions?

Is there any tiny bit of fact that would make your pumping believable? If so, come on, put it out here. No more IMO, no more I thinks, let's have some concrete numbers.

What say, UC? You got any of this for us???

Maybe they do it for the exact same reasons the bashers do it - the pure glee they have when people are loosing money. I'm pretty disgusted with both groups, but I think the bashers who like to say what fools those who invest in this are and then follow with "LMAO" or "hahahaha" disgust me more.
 
Posted by bill1352 on :
 
gator i'm not happy to see ppl lose money. i hated losing on cmkx & thats why i'm still here. if allowed to the pumpers would have ppl believing bullchit. see the post a few back for an example. now its a hacker erasing the good parts of the 8K??. this isn;t old stuff this is current chit from cult land. parts are missing but to even think it was hackers getting rid of the to da moon stuff is so messed up i cant find or spell the words needed. the last paragraph says it all...you dont know what your doing & you wasted money on me...plain english version.
 
Posted by Ric on :
 
Right, these pumpers have conned so many into this scam and others. Like prrm with 65 billion shares and its still being pumped and told to inexperienced investors that 65 billion is nothing "we can move". And what do they use for an example CMKX. How about ICAN who after pumping to no end while the BOD was on PalTalk promoting it to no end then drop the ball on the investors and all the promises a lie. How about CNES who in the past month used paid P&D sites like Willy Wizard and Green Baron to pump the stock. Paid pumpers on this site that has promoted most of these. Yet people you point out that these problem will come back at you if you don't watch it are pounced on and called names.

These people get people brained washed into these pennies like there going to be gold mines and if you say one bad thing your evil. I personally don't want to see those housewives and college kids suckered into this. But the abuse given by these people when a honest question is raised is pathetic.

And they disgust me
 
Posted by bill1352 on :
 
awww Ric i thought you loved being called a no good ^&*$)@%^$&#$@%....lol
 
Posted by Ric on :
 
Shhhhhhhh don't tell
 
Posted by GatorMan on :
 
bill, wasn't counting you among the bashers. From what I've seen you write (on the current page at least since I admit I skim a lot) you just present facts and ask questions. That's the kind of discussion I like. None of this emotional crap so many on both sides fall in to.

Aside from "paid" bashers and "paid" pumpers (I'm not sure I believe in either) I think a lot of people see this as a game and just enjoy playing it. An "us vs. them" type thing. I can see no other explanation for the bashers as I don't buy that they are in it to save the unwary from the pumpers. So many would not devote so much energy into do something like that. The pumpers I think want this thing to go so bad that they refuse to see any negative and have to put a positive spin on everything.

As for me, I see it as a lottery ticket. It may or may not pay off and I can afford to loose the bet if it doesn't go my way. And just like the lottery it's fun to dream of this thing paying off big somehow.
 
Posted by Wallace#1 on :
 
Appears that the Jarvis Report did little but hurt CMKX with truths formerly unknown such as 16 possible sites from 100s. Further, almost all of it was boilerplate stuff used in any similar study. Essentially, it comprised a lot of historical data which says nothing about diamonds and much about what exists geologically and what was done to explore up to a given point in time. In effect it said nothing of particular note as to there being any specific potential in the entire area.

That report does not even qualify as a "feasibility study".
 
Posted by Wallace#1 on :
 
quote:
Originally posted by legaleagle:
Some computer geeks are saying the html has been altered deliberately. Some body holding back the filing? Or simply a technical glitch?

legal, you always find a way to pin your hopes on anything that comes along, huh? No matter how ridiculous!
 
Posted by ed19363 on :
 
Any straw to grab onto....more news that isnt news. There are no diamonds in Canada. Computer hackers have hijacked our 10K. This thing gets funnier every day.
 
Posted by Ric on :
 
But Gator, I have appreciated your comment on other boards. It is not an attack on someone that bought in and gets burnt. I don't think many here want regular people hurt. The lol's are usely at the people who are attacking and pumping. And Willy Wizard has admitted he has been paid to pump several stocks, including this one. I am not sure about paid bashers myself but I know one on this website for sure is a paid pumper. I was mistaken for someone on this board once, hint my name, and got more information then I wanted to know about him. And every stock he has been involved with was pump to no end by him and ended up a scam.

But alot of us here are friends. We have fun sometimes but I think most realize what this stock is by now.
 
Posted by Doctoall on :
 
quote:
Originally posted by Wallace#1:
quote:
Originally posted by legaleagle:
Some computer geeks are saying the html has been altered deliberately. Some body holding back the filing? Or simply a technical glitch?

legal, you always find a way to pin your hopes on anything that comes along, huh? No matter how ridiculous!
Not only has he lost touch with reality he is now somewhat delusional (hackers yea right) (big chunks of diamonds) (Dr.D is a God) all very delusional. He needs to get back on the Depakote Sprinkles (in his kool-aid) bid until those symptoms subside [Big Grin]
 
Posted by Wallace#1 on :
 
GatorMan,

For your information the following was what I and my employees did all day long, every business day of the year....it was a major part our job:

"I don't buy that they are in it to save the unwary from the pumpers. So many would not devote so much energy into do something like that."
 
Posted by will on :
 
There's always an excuse, isn't there? There's always assumptions, isn't there? There's always wiggelroom, isn't there?
Unless of course your opinion is contrary to the faithful, then you have no facts.
How positive conclusions can be drawn from the same set of facts and information I see is beyound me. They have the same facts or lack there of, and they are 110% convinced this is going to be wildly profitable for them. Simple logic would tell any clear thinking, sober, sane, individual that the opposite is close at hand. It is going to be finacially disasterous to them, and anyone stuck holding CMKX.
 
Posted by GatorMan on :
 
Wallace, so, are you and your employees paid to counter-act the pumpers? Are you a paid basher? Why exactly would someone pay you to do what you do?
 
Posted by GatorMan on :
 
Guys, for the record I'm long on this stock. I'm realistic enough to know that this company has real problems, might be a scam, and my shares may, and probably will, evaporate. I have no delusions as to the reality of the situation. I have no more invested then I'm willing to loose. I've been burned by other pennies and realize that the vast majority are worse than a crap shoot. But for me it's a fun "what if" daydream. When I post, I try to keep it rational and ask realistic questions, and gotten labeled as negative on the stock by some of the more rabid pumpers. Usually I just lurk in the background as I don't have time to time to get into drawn out discussions.

But there is so much crap being thrown around out there it's hard to know just what to believe. If there is any one thing that I do tend to believe is that there is probably a naked short problem. OK, I can't prove it anymore than anyone else but I'm cynical enough to believe that if the MMs could get away with it they would do it. But as for the rest of what floats around out there, including (especially) PRs and SEC filings, well, I think they are just a lot of smoke and mirrors. I find the wild theories people put out (especially sterling) very entertaining but so much crap. But I also think to label someone a "crook" without a trial and an examination of ALL evidence is wrong too.

Well, I've rambled enough. Everyone have a good evening.
 
Posted by will on :
 
Good to see you here GatorMan. Seems you have low expectations for your CMKX lottery ticket. I can respect that position. Knowing there is a low level of probabability, but hoping that it's a longshot.
Nothing wrong with that. If you were to to put a favorable spin on what is obviously bad news, then I'd say you were unrealistic.
I'd say your chances were about as high as the O/S to 1 right now. (703B to 1), mighty long odds.
Good Luck!
Of course the faithful will tell you, you don't need luck, but I'm sure you know better.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by GatorMan:
Wallace, so, are you and your employees paid to counter-act the pumpers? Are you a paid basher? Why exactly would someone pay you to do what you do?

Gator,

I really do not wish to get into an arguement with you. I am now retired, but was referring to a past employment which I have mentioned on this thread in the past.

I managed two operations of the NYSE. We administered the Rules and Regulations of the NYSE as they applied to NYSE listed companies.

One of our major functions was to protect the investing public. That was an extremely broad responsibility involving knowledge of required dates/timing, securities trading, splits, dividends, conflicts of interest, voting arrangements, unusual trading and halts, acquisitions/mergers, spin-offs, new company listings, delistings, option plans, primary and secondary offerings, debenture offerings, convertible securities incl Pfds, Shareholder Meetings and related voting requirements, shareholder reports, SEC filings reviews, financial statements reviews and much, much more. Every day, we had occasion to require companies and their counsels to make meaningful changes in order to protect public shareholders.

It was in no way a basher or paid basher position. Maybe with the above information you will look at my posts with a different perspective. I guess I just never lost the tendency to think of the shareholders' rights.

PS: Gator, as I recall the total number of NYSE listed companies at the time I was there was somewhere between 3000 and 3500 companies. It was no small task policing them all.
 
Posted by legaleagle on :
 
8K, or who ATE the K?
 
Posted by will on :
 
Why is there always a twist? Do you believe that someone tampered with that ? Do you really believe that?

quote:
Originally posted by legaleagle:
8K, or who ATE the K?


 
Posted by ed19363 on :
 
How does one become a paid pumper or basher?
I could do that to make up for the money I lost on this scam.
I can spell really big words correctly too....
 
Posted by Ric on :
 
Its like on RB when Citi-Bank issued the release about not having any dealings with CMKX. They had believed Willy and Acca so deeply that Citi's website had been hacked. That was the first thing they said and ran with it. Looks like a repeat play. And the End result will be the same to. The release is real.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by ed19363:
How does one become a paid pumper or basher?
I could do that to make up for the money I lost on this scam.
I can spell really big words correctly too....

You also appear to know how to spell an adverb "correctly" too. LOL
 
Posted by ed19363 on :
 
Is the leetle werds I hav a prolem wit.
 
Posted by legaleagle on :
 
quote:
Originally posted by will:
Why is there always a twist? Do you believe that someone tampered with that ? Do you really believe that?

quote:
Originally posted by legaleagle:
8K, or who ATE the K?


We would like to know the same thing will?

Do I really believe that some tampered with it? I don't know, that's your take on it. But many of the computer geeks are seeing fragments of additional pages. Maybe as many as 11.
 
Posted by bill1352 on :
 
well i do agree something is missing from this 8K but by reading what is there the only conclusion is its not good news. & as far as i can tell all the wording seems to follow a complete pattern. it doesn't stop & start up in a new thought or place. the only thing missing is table #1 from what i see. this is the results from the goldtac airbourne survey. it would show the 16 anomolies found by that survey & the likelyhood of them being worth more exploration. when UC is yapping on green baron about hundereds of anomolies how it will keep him busy for yrs & this report says 16 were found then i'd have to say the results were not an arrow pointing to the "your diamonds are here" spot on the map.
 
Posted by ed19363 on :
 
Rumor: one of those anomalies was a drilling rig.
 
Posted by GatorMan on :
 
wallace, not trying to start an argument. Sorry if it came across that way. But the information you gave me answers what I was curious about.
 
Posted by Upside on :
 
There's definitley something missing from the report, DIAMONDS, that's what's missing. Along with any proof that this is a real functioning company, that's missing too.
 
Posted by ed19363 on :
 
Upside that wont come from a report. That can only come from a filing, which will likely never happen.
 
Posted by Ric on :
 
I guarentee this hasn't been hacked. If it had then there would be a national news frenzy. Same thing as on the other website.


http://www.sec.gov/Archives/edgar/data/1092299/000107704805000295/0001077048-05-000295-index.htm
 
Posted by Ric on :
 
CMKX's actual results could differ materially from such forward-looking statements because of factors such as: actual or perceived benefits of the Jarvis report; any findings or recommendations contained in the report; uncertain regulatory scrutiny; the current state of CMKX's operations; unavailability of documentation and corporate records; benefits of the to be commenced summer drilling program; the ability to rebuild financial records; timing necessary to comply with reporting requirements; lack of adequate internal controls; unforeseen capital deficiencies; 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.
 
Posted by bill1352 on :
 
well if you search the SEC web site in the edgar filings by typing in cmkm diamonds you get what they got. now if some cult member (not the words of choice but i'll be nice) wants to say that the SEC web site was hacked his friends need to get that person help real soon. 8 total pages were sent to the SEC. there are 11 links in the HTML version. most are the same thing. the last 8 are each page. the only thing missing is the table #1 page. table #2 is a separate page, table#3 & figure #1 are part of a page with description. thus the only person that hacked this is cmkx. maybe the fax quit before it sent the last page.

http://sec.gov/Archives/edgar/data/1092299/000107704805000295/ex99-2.pdf
 
Posted by bill1352 on :
 


[ May 18, 2005, 18:26: Message edited by: bill1352 ]
 
Posted by will on :
 
"Do I really believe that some tampered with it? I don't know, that's your take on it. But many of the computer geeks are seeing fragments of additional pages. Maybe as many as 11. "

No that isn't my take on it. My take on it is that was exactly what was released, nothing less, nothing more.

It is your and other faithfuls take on it that it was hacked. Nothing is as it seems or taken at face value with you folks. Always a spin, always a twist. Nothing is or has been face value or straight forward with this company and the faithful's hopeful interpretation of what is in black and white.
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
I guarentee this hasn't been hacked. If it had then there would be a national news frenzy. Same thing as on the other website.


http://www.sec.gov/Archives/edgar/data/1092299/000107704805000295/0001077048-05-000295-index.htm

That one looks better Ric but still missing Table 1.
 
Posted by Trista1 on :
 
quote:
Originally posted by will:
"Do I really believe that some tampered with it? I don't know, that's your take on it. But many of the computer geeks are seeing fragments of additional pages. Maybe as many as 11. "

No that isn't my take on it. My take on it is that was exactly what was released, nothing less, nothing more.

It is your and other faithfuls take on it that it was hacked. Nothing is as it seems or taken at face value with you folks. Always a spin, always a twist. Nothing is or has been face value or straight forward with this company and the faithful's hopeful interpretation of what is in black and white.

Some of the nut jobs over at pumper board 32 think
the SEC removed all the good stuff from the filing. [Big Grin]
 
Posted by Wallace#1 on :
 
Welcome Trista. I was there once and it's nothing more than a DrD special!
 
Posted by Wallace#1 on :
 
Hey guys, someone told me there are about 15 or 20 pages full of depressed shareholders over on forum 32 who have expressed some rather vivid thoughts about UC, CMKX et al. Losing hope and hype!

How about you bringing some of those posts over here, legal, so we can hear all their horror stories and complaints that you say do not exist.
 
Posted by bill1352 on :
 
well wallace i guess the reality of cmkx is starting to set in. yesterday frizzy says he's not ready to blast management but he is concerned over how & where shares got to where they are. today cmkx says we found nothing but 2 flecks & the guy they hired says you better get someone who has a clue if you want to continue. that, except for $60K from south america, the last 4 yrs have been a waste. & ya wonder why cmkx & usca are under investingation. & none of that touchs the filing or not filing problems. the only pumper idea left is a NS & thats only holding on by a thread.
 
Posted by Wallace#1 on :
 
bill, and among other things, maybe the following will convince DrD that they did find only two micro diamonds:

"today cmkx says we found nothing but 2 flecks"

Of course that is exactly what I told that flake or is it "fleck".
 
Posted by legaleagle on :
 
Frizzell Update


FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
(903)595-1921
Fax (903)595-4383
E-Mail jmartin@cmkxownersgroup.com


Dear Group Members, May 18, 2005


An 8K was issued today by the company and I am looking into the specifics of the information. My direct contact with the company comes through Don Stoeckleins office. Mr. Stoecklein will be out of the office for the next ten days. Mr. Stoecklein informed Judge Murray of this scheduled trip during our first pre-hearing conference in April. I mention this so that there are no inferences drawn as a result of his unavailability. I have already discussed with his staff some of the concerns we have since reviewing the 8K and some missing information from the drilling report. The staff is checking into our concerns and has assured me they will get back to me. I will report to you when I have some answers from Mr. Stoeckleins office.


Onward,


Bill


P.S. I would like to thank those that have responded to the Fax Campaign and special thanks to those that were able to fax their info in on a single page. It makes data entry much easier. Please fax your info if you have not to 903-595-4249.
 
Posted by Doctoall on :
 
quote:
Originally posted by Wallace#1:
Hey guys, someone told me there are about 15 or 20 pages full of depressed shareholders over on forum 32 who have expressed some rather vivid thoughts about UC, CMKX et al. Losing hope and hype!

How about you bringing some of those posts over here, legal, so we can hear all their horror stories and complaints that you say do not exist.

Geez the mob is growing [Big Grin]
 
Posted by Ric on :
 
It is so funny, went to the pb32 just to check out the discontent and heres the Admin post, lol. So much for trying to wing yourself off the koolaid.

Canuck
Administrator


member is offline


Posts: 6764
Clutter.....
Thread started on: Today at 2:03pm

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

I will not tolerate posts with incessant whining and complaining regarding the 8K. The board is getting cluttered with useless posts.

Please keep you 8K vents and issues to the single 8K thread.

If you can't discuss the content of the 8K intelligently and respectfully then go to Ihub, they will welcome you there.
 
Posted by bill1352 on :
 
This is a minimal report to conform to filing rules with the SEC. They will not give out anything good until the NSS issue is resolved and some sort of settlement is reached. This explains the adjustment in wording made in the last PR. I say we see a settlement of some sort that is economically feasible which means true drilling results will be withheld until they do some good . This 8K was an intentional nothing. They're holding back on the good stuff. just have to let it play out

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


How about this., the pr said we are pleased with the results; then changed to we are please with the receipt of the report..........maybe someone called uc and ibm over the weekend to talk. Hence......the pisser 8k. Note all of the missing pages of real results....The bluff worked. imho
=================================
PennyWrangler
Gemologist

Joined: 08 Jun 2004
Posts: 3179
Location: Saint George, SC

Pretty much what I expected, only less. I was hoping that they had already figured out where to drill for the summer, but they're not even that far along yet.

Basically what Jarvis is saying is that if Urban really wants to evaluate the potential of his claims, he needs to hire people who actually know what they are doing and follow their recommendations.

DUH!

Now, I did take away some positives from the 8K:

1) They weren't lying about drilling this year. They HAVE been drilling. They just didn't find anything interesting.

2) We actually got a table telling us exactly where they drilled and what they came up with. That's a nice change.

3) It is good to see that Urban has taken Jarvis' recommendation and hired MacLean to finish evaluating their magnetic imaging data.

4) It's also nice to see that Urban retained Jarvis to direct the exploration program. So far Jarvis seems to know what he's talking about.

What these folks need to do is find ONE kimberlite pipe with macro diamonds this summer. One pipe could be worth $1B net if it has decent gem quality diamonds in it. This would give us an asset-based pps of 1/700, or 0.0014. I'm discounting the naked short dilution as well as the impact of any panic short covering that such a valuation could cause. We could see a spike higher than 0.0014 for a short time.

I'm not actually predicting a pps here, just pointing out a possibility as an example. I would be pretty da.mn happy with 0.001 this summer personally, and I would pass out with joy at 0.01, even if it only lasted ten minutes before crashing back down.

The bottom line of course is that we won't see squat unless the summer drilling program brings up macro diamonds.

For you relative newbies, heed PennyWrangler's thoughts. Although he doesn't visit us much here since he hangs his hat at CMKX.net, he was on the old official board and is sharp as a tack. Very realistic, yet optimistic. This most recent post of his is as well-grounded as any.

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

on Today at 1:51pm, bluediamonds wrote:People in Sterling's Paltalk room are saying a lot of pages are missing.



I certainly wouldn't be surprised!

Hint #1) There's no Table 1. I wonder why?

Hint #2) Notice that Table 3 is embedded within the report. However, Table 2 is free-floating at the end. Very interesting...especially since they are mentioned in numerical order in the report (Table 1 is mentioned, then Table 2, then Table 3). Why would one table be provided in mid-text, but another just float as a separate page at the end?

Speculate what you will, but IMO, there's more to this report than what we've been given.

...not to mention the opinion that our more recent drillings have not been tested nor reported on, yet.

I'm also interested to see what reports we're able to get "upon request"....and if they'll even provide them for us.
 
Posted by will on :
 
*************censorship*************

Did you expect a frank and fair exchange there?

Is there any cencorship from any global administrators ?
 
Posted by bill1352 on :
 
well i had to bring a few of the cults lost souls ideas on today. got a kick out of the .0014 pps idea...$1 billion net into 703 billion & then the person reposting this say listen this person is sharp & well grounded. i'm thinking my dog is sharper & more grounded.
 
Posted by Ric on :
 
I think there disclaimer says it all IMO. If UC stated you bought a scam tomorrow, I believe the longs would say the SEC made him say that . And guess what they will say that when its revoked. Just what UC wants, thats why he does this.

quote:
Originally posted by Ric:
CMKX's actual results could differ materially from such forward-looking statements because of factors such as: actual or perceived benefits of the Jarvis report; any findings or recommendations contained in the report; uncertain regulatory scrutiny; the current state of CMKX's operations; unavailability of documentation and corporate records; benefits of the to be commenced summer drilling program; the ability to rebuild financial records; timing necessary to comply with reporting requirements; lack of adequate internal controls; unforeseen capital deficiencies; 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.


 
Posted by bill1352 on :
 
ok UP get rid of that report...i aint scrollin sideways for a whole page...!!!!!!! please....thanks
 
Posted by Ktrain420 on :
 
LOL
 
Posted by Wallace#1 on :
 
quote:
Originally posted by will:
*************censorship*************

Did you expect a frank and fair exchange there?

Is there any cencorship from any global administrators ?

Will, now you are really confusing me. I know there are Super Moderators. I know there are Super Administrators. And I know there are Global Moderators. Who the hell has now appointed a Global Administrator? What's the next one going to be, a Super Global Administrator?
 
Posted by bill1352 on :
 
evenin K...as you can see cmkx gave us more food for thought... seriously can you imagine a company makin bashing it so easy???...lol
 
Posted by bill1352 on :
 
Will, now you are really confusing me. I know there are Super Moderators. I know there are Super Administrators. And I know there are Global Moderators. Who the hell has now appointed a Global Administrator? What's the next one going to be, a Super Global Administrator?

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

can you imagine how much chit you'd have to shovel & still make it smell like a rose for that title??/
 
Posted by will on :
 
Sorry, Wallace, I meant Global Whatevers.
 
Posted by Wallace#1 on :
 
It's almost like they are saying, "Kick me in the ass!"

Woe is me, legal, did I say that?

[ May 18, 2005, 22:14: Message edited by: Wallace#1 ]
 
Posted by Upside on :
 
No, it's almost like they're saying "Revoke me please"
 
Posted by Wallace#1 on :
 
quote:
Originally posted by will:
Sorry, Wallace, I meant Global Whatevers.

They're more like Global Meanderers they way they spin facts out of context and ramble on about nothing of merit.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by Upside:
No, it's almost like they're saying "Revoke me please"

Up, I think they have already asked for that!
 
Posted by will on :
 
I'm upset now. We just had the attentions of Dr. D, the real, the one and only, Dr. D. Now there's trouble in the globe he moderates, and he will have to pull that together with some stupifying logic. He won't have time for us, he has to squash the disgruntled shareholders uprising. Just when life was getting good Urban had to release an informative 8K, and damned if it wasn't hacked and distorted.
When we do see something from the esteemed Dr. D, it is going to be mighty good. Assertive but soothing. Maybe he'll sit the rambunctious ones in a corner and stuff a lolipop in their mouth ???
 
Posted by Upside on :
 
It is a shame, we get our first real celebrity here and now it's all screwed up. He won't be back anytime soon, as Will said, he's got too much damage control to do now.
 
Posted by Wallace#1 on :
 
Will, I think he's known for saying, "I won't tolerate that!". Of course, on this thread, he'd be asking for a barrage of expletives if he did say such a thing.
 
Posted by Upside on :
 
Anyone know of any second round draft picks we could woo over here?
 
Posted by Wallace#1 on :
 
Hell, UP, even legal is not showing his face recently. Guess that 8K got to him as well. AAAAwwwwwwww!!!

One more nail in the coffin - so to speak.
 
Posted by will on :
 
Well, I can only pray I am underestimating his posting prowess. After all, he is Global Moderator. Global - "relating to or happening throughout the whole world", anyone with those credentials just might make time to come back and enlighten us.
omnipresent - everywhere: continuously and simultaneously present throughout the whole of creation.
omnipotence - all-powerfulness: the possession of complete, unlimited, or universal power and authority.
omniscience - all-encompassing knowledge: knowledge of all things, whether real or apparent knowledge. (my favorite at it applies to Dr. D, "whether real or apparent knowledge")
omnium-gatherum - miscellaneous collection: a collection of many different, often unsorted ideas or items. (Another favorite of mine)

OmniDr.

[ May 18, 2005, 22:59: Message edited by: will ]
 
Posted by Wallace#1 on :
 
I'm going to hit the sack early tonight.

Onward!! Keep up the good fight and all that rot!

Good night, Mrs. Kalabash, where ever you are.
 
Posted by Upside on :
 
Originally posted by Will:

quote:
anyone with those credentials just might make time to come back and enlighten us.
Doubt it, that was our 15 minutes of fame. Our one shot at an all-star and Urban blew it for us. Hmmm, conspiracy maybe? Urban couldn't have his # 1 player bombarded with reality so he released this 8-K knowing full well the Dr. would return to the roost. The pieces are coming together!
 
Posted by will on :
 
together? or did you mean to say, falling apart?
 
Posted by Highwaychild on :
 
LOL! It's a conspiracy I tell ya.LOL!Man this was getting good again when Dr. D showed up.Now we're just stuck with you guys again.LOL!J/K, hope you're all doing well!
 
Posted by Trista1 on :
 
quote:
Originally posted by Wallace#1:
Welcome Trista. I was there once and it's nothing more than a DrD special!

Thanks Wallace. Yeah that board is a riot.
 
Posted by legaleagle on :
 
ksbradley

Family Member


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


Posts: 12
Registered: 25-10-2004
Member Is Offline


posted on 18-5-2005 at 06:41 PM

**the MISSING Link in the 8-K---WOW!!!


I cant find the exact PR, but I am sure you all remember UC stating somehthing along the lines of: if the SEC will not let us file in the best interest of the investors, we will comply"

Then this happens:

1) Friday CMKX PRs the 8K to be filed, and in the press release, Urban states, "We are pleased with the results of Mr. Jarvis' report and are now moving toward commencing further drilling as we move into our summer drilling program"

2) Monday, a correcting and replacing press release comes out, changing Urbans statement to, "We are pleased with the receipt of Mr. Jarvis' report and plan to use his comments in assisting us as we move into our summer drilling program"

Why was that changed?

Now, in the actual 8-k, which I read, it states, "The results of that work and the assessment of the continuing potential of the anomolies to represent kimberlite pipes are included in Table 1."

Here is the kicker, TABLE 1 is NO WHERE to be found on the 8-K!! There is a Table 2 and a Table 3, representing something else. But, when they reference the results and continuing potential, the table is not included. Match that up with the change in Urbans state and something interesting is going on here! Someone (SEC) does not want out evaluation to get out!

Here is the link to the 8-K:

http://www.sec.gov/Archives/edgar/data/1092299/000107704805000295/ex99-2.htm


VELVET
 
Posted by will on :
 
WOW! There's some conclusive evidence in that post by ksbradley, **the MISSING Link in the 8-K---WOW!!!

WOW!!! Is right.
 
Posted by Upside on :
 
You just can't see the big picture, can you Will?
 
Posted by will on :
 
Well, UpMan, I guess I'm not a Global kinda guy. I practically live in my little 12' X 12' office, and when I get tired of that I crawl 10' to my bed.
I don't have to be a big picture, Global kinda guy to get all that done.
If I had to think as hard as these folks do to convince themselves to believe their lies and half-truths, I would be in big trouble, as opposed to big picture.
OH! Which by the way, is where these people are and will find themselves, in big trouble.
I'm still processing the repost from Wallace about the guy saying he lost $30K. Big big trouble there.
 
Posted by Upside on :
 
Just take your blinders off. Right now you cant see the forest for the trees. Multiple layers here that need to be peeled away to get to the truth. Kind of like an onion.
 
Posted by will on :
 
Well, the news just keeps getting worse and worse, and the spins get more difficult as the onion is peeled.
There will come a time when the faithful will accept that CMKX is over, and will not make them financially independent like they hoped. It will take sometime for them to accept it, and I don't think they have the fortitude to admit it though. Their less frequent posts will be a sign, their absence will confirm that sign, but never do I expect what they all promised at least a year ago, that being, if they were wrong they would apologize.
 
Posted by Ric on :
 
This is getting so funny

Citi buyout - Citi has to post a rebuttal and they claim it was hacked and Citi is going to remove it. Still there

No hearing - There would be a settlement because the SEC was so scared of CMKX and didn't want it made public. Then after the hearing it was they put on a show so it wouldn't make the SEC look bad. A settlement is on its way

8-K - The 8-K will answer all our questions. Then when released one table that UC didn't send isn't in it, voids in records, lol. So the statement that only 2 specks of diamonds found and should stop unless you get real people to do the job. But not sure they will still find anything. But no its the SEC took out all the good stuff and won't let us show valuation. Yeah the SEC made me do it, guess UC doesn't have a dog or is it full from the void documents.

Steven Spieberg couldn't make this stuff up. Next aliens will come down and find the diamonds for UC.
 
Posted by will on :
 
I can't disagree with you, Ric, but pitiful might be a better word then funny.
As more and more admissions of mismanagement come out, as more and more warnings are released, the spin will become more difficult for them to make up.
Facts have a way of exposing weaknesses in double talk and theories.
So, a table is missing, and it's a SEC conspiracy. Soon it will be a punctuation error that will have a secret message from Urban in it.
They will press on with their nonsense, but it will become weaker and weaker, much like it did after the Citi-Group bubble burst.
 
Posted by Runamuck on :
 
quote:
Originally posted by will:
Soon it will be a punctuation error that will have a secret message from Urban in it.

But only people with the secret decoder ring can see it. LOL that cracked me up.
 
Posted by Doctoall on :
 
When will Dr Delirium be back or is that Dr. D, oh my I have done it now I have insulted the Grand Puba or is that The Grand Moderator. What a bunch of crap, these people need to get a life, their ship is sinking fast.

But no doubt Urban et al and Dr Delirium and Legal will come to their rescue [Big Grin]
 
Posted by Doctoall on :
 
quote:
Originally posted by Doctoall:
When will Dr Delirium be back or is that Dr. D, oh my I have done it now I have insulted the Grand Puba or is that The Grand Moderator. What a bunch of crap, these people need to get a life, their ship is sinking fast.

But no doubt Urban et al and Dr Delirium and Legal will come to their rescue [Big Grin] Just like having Curly,Moe and Joe to the rescue.


 
Posted by ed19363 on :
 
Peeling onions makes me cry. Kinda like peeling CMKX.
 
Posted by Upside on :
 
Peel away all the layers of the CMKX onion though and what do you find inside?
 
Posted by legaleagle on :
 
noahltl

Super Administrator


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




Posts: 1025
Registered: 22-10-2004
Member Is Online


posted on 19-5-2005 at 12:19 PM

Not billions, Your Honor, TRILLIONS


As I sat and contemplated the filing of the 8K, and realized that it was, for the mostpart, a rehash of old news about the Carolyn, I couldn't help but keep asking myself, WHY?

We are in the midst of a SEC inquiry into whether CMKX will survive as a company. We know we have been naked shorted into the trillions according to Mr. Frizzell at the hearing. We know that Market Maker Jeffries was involved, accidentally or by design, in a large portion of that situation, and obviously many other market makers.

With the SEC watching our every move for compliance, to make this company more transparent, why would we issue a "fluff" 8K that reveals nothing, not already known?

Some have stated that perhaps we were just filing old news to bring the record up to date. Thinking that through, I would have to ask: "Why not bring it all the way up to date?" Why is the company stalling with only a few weeks left to comply? Playing games with Judge Murray is not good strategy.

Let's take a look at what a two trillion naked short means to the "naked market maker" if a Short Squeeze, unsupporte by valuation, begins. Starting at the current .0001 and running .0009, if the mm's are able to retrieve 25% of their NS position from "weak hands" , 500 billion shares, it would cost them between $50,000,000 and $450,000,000 and they would still have 75% of their NS left out there.

At that point, firmer hands would be in control and waiting for larger prices. But let's say another 10% of the shares could be taken out in the next price range. At the next level, .001 to .009, and taking out the 10%, it would cost between $2 billion and $18 billion dollars, and they have only retired 35% of the naked short.

Then we finally get to a penny per share. Now, even stronger hands will begin to sell, at least a portion of their shares. So let's say they are able to take out another 40 % of the NS or 800 billion shares. From .01 to .09 it would cost the mm's between $8 billion and $72 billion more. And they would still have 30% of the naked short still on the books. Best case scenario for the mm's = $10,050,000,000. Worst case scenario = $90,450,000,000. And still another six hundred billion shares still out in the market as the stock pushes over a dime.

Even at a dime, it would cost them an additional $60 billion just to clear their NS position. That means a worst case "squeeze" scenario for the Market Makers, topping at a dime, would be somewhere in the neighborhood of a $1.5 trillion dollar loss.

OK, why go through this long mathematical exercise? I think it's important for all of us to realize the scope of the situation for the market makers, and the industry in general.

If CMKX has the goods, and if there is a two trillion or higher naked short, the above scenario would be off. If CMKX has valuable, diamond, uranium and oil claims in Sask., who would sell at .000X? Who would sell at .00X? To my way of thinking, if all of that were true, I wouldn't be selling any until it hit the pennies, and then only a few to retrieve my investment with a profit. And the SEC and the industry know this.

So, the only way to resolve the problem, in that scenario, is by "settlement" of the NS.

Last Friday, we saw a two prong attack on the situation, a double shot across the bow. One by Frizzell filing the FOIA with the SEC, and CMKX announcing that they were coming out with an 8K apparently showing valuation of our claims. If we had the goods, and the NS is in the trillions, that gave the SEC and the MM's only the weekend to ponder and negotiate the potential cost to the industry and the only reasonable solution, settlement.

If a "deal" was reached over the weekend or Monday, then it would make sense, why our 8K was stripped of the real "information".

Of course all of the above is "speculation" and only my opinion. It is for consideration only, don't make any investment decisions based on it.
 
Posted by ed19363 on :
 
Drivel
 
Posted by bill1352 on :
 
is noah writing this stuff from a rubber room? has he finally not only gone over the edge but sunk into the mud hole at the bottom of the cliff?? the SEC took out the good stuff...ok then why in reading it does every sentence match to the next one?? why is it that the final summary says get help?? not only would that have had to remove stuff they would have had to re-write the whole thing. there is not 1 possitive comment or note. & since the last drill hole it talks about is from march 2005 its not old news its the yrs drill report period. a penny pps???? noah better hope to see .0001 again.
 
Posted by legaleagle on :
 
Waiting ed, I assume you have a better answer for why they would file a "fluff" 8K. If it's a scam and going down, why file anything at all?
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
Waiting ed, I assume you have a better answer for why they would file a "fluff" 8K. If it's a scam and going down, why file anything at all?

Great smoke screen to keep those newbies buying in this useless POS, that is why [Big Grin] so that Urban et al can pay the bills but it will all come to and end soon.
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
is noah writing this stuff from a rubber room? has he finally not only gone over the edge but sunk into the mud hole at the bottom of the cliff?? the SEC took out the good stuff...ok then why in reading it does every sentence match to the next one?? why is it that the final summary says get help?? not only would that have had to remove stuff they would have had to re-write the whole thing. there is not 1 possitive comment or note. & since the last drill hole it talks about is from march 2005 its not old news its the yrs drill report period. a penny pps???? noah better hope to see .0001 again.

bill, I didn't say the SEC took out anything, I said things were missing, like Table 1.
 
Posted by legaleagle on :
 
quote:
Originally posted by Doctoall:
quote:
Originally posted by legaleagle:
Waiting ed, I assume you have a better answer for why they would file a "fluff" 8K. If it's a scam and going down, why file anything at all?

Great smoke screen to keep those newbies buying in this useless POS, that is why [Big Grin] so that Urban et al can pay the bills but it will all come to and end soon.
How do you get anyone to buy in with year old information that tells us nothing?

Why hasn't the SEC "ended" it already?
 
Posted by Wallace#1 on :
 
Good afternoon everyone. Going to catch up on comments re previous posts.

Trista, you wrote: "Thanks Wallace. Yeah that board is a riot."
Glad you enjoy it. Just have fun and join in if you wish.

Will wrote:
"I'm still processing the repost from Wallace about the guy saying he lost $30K. Big big trouble there."

Ans: If he spent that much, can you imagine what those like legal, Debi and others who kept buying at every drop of the hat have into CMKX. Maybe $40K-$50K or more? Makes a lot of sense, huh?

Will also wrote:
"...but never do I expect what they all promised at least a year ago, that being, if they were wrong they would apologize."

Ans: Too damn arrogant and self-centered to do that, Will. Besides, it would be the right thing to do, but is something of which they know nothing.

Doctoall wrote:
"When will Dr Delirium be back..."

Ans: Doc we must all remember what DrD really stands for and you must have done a lot of solid DD to determine his real name. I think we should all refer to him as such from now on. Perfect association!!!!

legal wrote:
"We are in the midst of a SEC inquiry into whether CMKX will survive as a company."

Ans: Sounds a bit like the Gettysburg Address.

legal stated:
"We know we have been naked shorted into the trillions according to Mr. Frizzell at the hearing. We know that Market Maker Jeffries was involved, accidentally or by design, in a large portion of that situation, and obviously many other market makers."

Ans: You know nothing according to Fizzle, because he knows nothing. You also do not know if JEFF or any other MM was involved in any NSS situation. Furthermore, the SEC stated they did not believe there was any NSS situation with CMKX stock.

legal said:
"if the mm's are able to retrieve 25% of their NS position from "weak hands" , 500 billion shares,"

Ans: So what you are really saying, legal, is that if 500 billion shares of CMKX stock comes from "weak hands" that the public float has to be well above 500 billion. No other conclusion possible.

legal added:
Of course all of the above is "speculation" and only my opinion. It is for consideration only, don't make any investment decisions based on it.

Ans: That is certainly very, very true and accurate. Don't even think about buying any CMKX stock!!
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by Doctoall:
quote:
Originally posted by legaleagle:
Waiting ed, I assume you have a better answer for why they would file a "fluff" 8K. If it's a scam and going down, why file anything at all?

Great smoke screen to keep those newbies buying in this useless POS, that is why [Big Grin] so that Urban et al can pay the bills but it will all come to and end soon.
How do you get anyone to buy in with year old information that tells us nothing?

Why hasn't the SEC "ended" it already?

Patience my friend patience, the SEC will kill it soon and we will still be here for you [Big Grin]
 
Posted by Wallace#1 on :
 
quote:
Originally posted by legaleagle:
Waiting ed, I assume you have a better answer for why they would file a "fluff" 8K. If it's a scam and going down, why file anything at all?

It is also just as likely that Urban Casavant is showing everyone more of his lack of competence in anything he touches.
 
Posted by bill1352 on :
 
legal...i said yesterday table 1 was missing. it contains the report from last yrs fly over. the 16 not 100's of anomolies. it also states these 16 may not be worth drilling that further magnetic testing should be done. you call this a fluff 8k, maybe because it doesnt have a billions of diamonds the cult has beieved UC was hiding from the world. i think it was an informative 8k in that it proved just what us bashers have said all along... no diamonds found & not much work being done to find any. i remember the idea in the fall that UC was paying for roger & other deals with a hiddden diamond stash...wrong again. why put this out now? maybe because as the saying goes..."the truth will set you free." it helped dr d...the night before he asked for proof only 2 flecks were found...now he is free of that concern, he was given the truth & as cmkx has said it came in the form of an offical pr.
 
Posted by Wallace#1 on :
 
Well, legal, where's your Dr.Delirium with his many titles now? Just as you have been, he gets proven wrong at every turn of the screw. I always thought you had more brains than he. All you guys do is think up a spin and then convince yourselves (and try to do the same with others) that the spin and twist makes sense.
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
Good afternoon everyone. Going to catch up on comments re previous posts.

Trista, you wrote: "Thanks Wallace. Yeah that board is a riot."
Glad you enjoy it. Just have fun and join in if you wish.

Will wrote:
"I'm still processing the repost from Wallace about the guy saying he lost $30K. Big big trouble there."
If he spent that much, can you imagine what those like legal, Debi and others who kept buying at every drop of the hat have into CMKX. Maybe $40K-$50K or more? Makes a lot of sense, huh?

Will also wrote:
"...but never do I expect what they all promised at least a year ago, that being, if they were wrong they would apologize."
Too damn arrogant and self-centered to do that, Will. Besides, it would be the right thing to do, but is something of which they know nothing.

Doctoall wrote:
"When will Dr Delirium be back..."
Doc we must all remember what DrD really stands for and you must have done a lot of solid DD to determine his real name. I think we should all refer to him as such from now on. Perfect association!!!!

legal wrote:
"We are in the midst of a SEC inquiry into whether CMKX will survive as a company."

Ans: Sounds a bit like the Gettysburg Address.

legal stated:
"We know we have been naked shorted into the trillions according to Mr. Frizzell at the hearing. We know that Market Maker Jeffries was involved, accidentally or by design, in a large portion of that situation, and obviously many other market makers."

Ans: You know nothing according to Fizzle, because he knows nothing. You also do not know if JEFF or any other MM was involved in any NSS situation. Furthermore, the SEC stated they did not believe there was any NSS situation with CMKX stock.

legal said:
"if the mm's are able to retrieve 25% of their NS position from "weak hands" , 500 billion shares,"

Ans: So what you are really saying, legal, is that if 500 billion shares of CMKX stock comes from "weak hands" that the public float has to be well above 500 billion. No other conclusion possible.

legal added:
Of course all of the above is "speculation" and only my opinion. It is for consideration only, don't make any investment decisions based on it.

Ans: That is certainly very, very true and accurate. Don't even think about buying any CMKX stock!!

And you talk about me and long posts. It wouldn't be so bad if you had real answers to questions:

Will wrote:
"I'm still processing the repost from Wallace about the guy saying he lost $30K. Big big trouble there."
If he spent that much, can you imagine what those like legal, Debi and others who kept buying at every drop of the hat have into CMKX. Maybe $40K-$50K or more? Makes a lot of sense, huh?

Resp) I'll repeat, he only lost if he sold. WNCP makes my account look good, but I don't make "anything" until I sell, correcty? Likewise no one loses on CMKX until they sell, regarless of what their portfolio looks like today. Second, I can't speak for Debi, but I have already posted my holdings here.

Will also wrote:
"...but never do I expect what they all promised at least a year ago, that being, if they were wrong they would apologize."
Too damn arrogant and self-centered to do that, Will. Besides, it would be the right thing to do, but is something of which they know nothing.


Resp) That's assuming on your part that there is yet a reason to apologize. But I know how much you like to assume things. If I am wrong, I will admit it. But I would not apologize for trying to bring a balance to this board.


Doctoall wrote:
"When will Dr Delirium be back..."
Doc we must all remember what DrD really stands for and you must have done a lot of solid DD to determine his real name. I think we should all refer to him as such from now on. Perfect association!!!!

Resp) Dr. Diamond owns three successful businesses and holds three doctorate degrees. He is a member of the President's Business Council. Whenever any of you can match his credetials, maybe you will get the same sort of respect for your "opinions".

legal wrote:
"We are in the midst of a SEC inquiry into whether CMKX will survive as a company."

Ans: Sounds a bit like the Gettysburg Address.


Resp) Noah says "Thank You".


legal stated:
"We know we have been naked shorted into the trillions according to Mr. Frizzell at the hearing. We know that Market Maker Jeffries was involved, accidentally or by design, in a large portion of that situation, and obviously many other market makers."

Ans: You know nothing according to Fizzle, because he knows nothing. You also do not know if JEFF or any other MM was involved in any NSS situation. Furthermore, the SEC stated they did not believe there was any NSS situation with CMKX stock.

Resp) Frizzell stood before the bench and told the judge there were trillions of shares. That means counterfeit. I've seen JEFF's letter. The SEC was trying to keep NS information out of the hearing. If there was none, why try to prevent it's entry as a defense?

legal said:
"if the mm's are able to retrieve 25% of their NS position from "weak hands" , 500 billion shares,"

Ans: So what you are really saying, legal, is that if 500 billion shares of CMKX stock comes from "weak hands" that the public float has to be well above 500 billion. No other conclusion possible.

Resp) Have you missed the whole point of "counterfeit shares" Wallace? What an ignorant thing to say.
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
quote:
Originally posted by legaleagle:
Waiting ed, I assume you have a better answer for why they would file a "fluff" 8K. If it's a scam and going down, why file anything at all?

It is also just as likely that Urban Casavant is showing everyone more of his lack of competence in anything he touches.
Urban had nothing to do with this 8K. He is in Ecuador. Stoecklein is handling.
 
Posted by legaleagle on :
 
Doc: Patience my friend patience, the SEC will kill it soon and we will still be here for you


Got an "inside" track, Doc?
 
Posted by Ric on :
 
I honestly think that he is trying to stay out of jail by making it look like he tried without giving any information up. Give a little and hide the bad so he can say I tried but the bad ole SEC still shut us down. And let the cult blame the SEC and NSS and he walks away scott free. Thats why he files fluff.
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
Well, legal, where's your Dr.Delirium with his many titles now? Just as you have been, he gets proven wrong at every turn of the screw. I always thought you had more brains than he. All you guys do is think up a spin and then convince yourselves (and try to do the same with others) that the spin and twist makes sense.

He'll be back Wallace. Still waiting for your proof, Wallace. Being a pompous a$$ who tries to ridicule "longs" is not proof. Name calling and personal bashing, is not proof. If you have some concrete evidence of what is going on "behind" the scenes in CMKX or the SEC investigation, please bring it forward. Otherwise, only the "merry men" will continue to follow nonsense.
 
Posted by ed19363 on :
 
quote:
Originally posted by legaleagle:
Waiting ed, I assume you have a better answer for why they would file a "fluff" 8K. If it's a scam and going down, why file anything at all?

Since when have they posted anything BUT fluff?
It's still just drivel. Just more things for us to guess about, since UC appears to have an iron plate over his mouth.
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
I honestly thing that he is trying to stay out of jail by making it look like he tried without giving any information up. Give a little and hide the bad so he can say I tried but the bad ole SEC still shut us down. And let the cult blame the SEC and NSS and he walks away scott free. Thats why he files fluff.

That theory doesn't fit Ric, because none of the longs believe he is even trying to give us all the information, at this point.
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
Doc: Patience my friend patience, the SEC will kill it soon and we will still be here for you


Got an "inside" track, Doc?

No my friend just common sense and being in touch with reality, you should try it sometime [Big Grin]
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
quote:
Originally posted by legaleagle:
Waiting ed, I assume you have a better answer for why they would file a "fluff" 8K. If it's a scam and going down, why file anything at all?

Since when have they posted anything BUT fluff?
It's still just drivel. Just more things for us to guess about, since UC appears to have an iron plate over his mouth.

Then why say anything?
 
Posted by legaleagle on :
 
quote:
Originally posted by Doctoall:
quote:
Originally posted by legaleagle:
Doc: Patience my friend patience, the SEC will kill it soon and we will still be here for you


Got an "inside" track, Doc?

No my friend just common sense and being in touch with reality, you should try it sometime [Big Grin]
The only "reality" I have heard anyone quote in here, is the PR a few weeks ago showing the OS numbers. And even that is incomplete because it didn't indicate the float. So is your incomplete "reality" better than mine?
 
Posted by ed19363 on :
 
Same reason you do....I like to see my name in print.
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by Doctoall:
quote:
Originally posted by legaleagle:
Doc: Patience my friend patience, the SEC will kill it soon and we will still be here for you


Got an "inside" track, Doc?

No my friend just common sense and being in touch with reality, you should try it sometime [Big Grin]
The only "reality" I have heard anyone quote in here, is the PR a few weeks ago showing the OS numbers. And even that is incomplete because it didn't indicate the float. So is your incomplete "reality" better than mine?
The first sign of a person who needs help is denial, and you my friend are in a major denial about this useless stock [Big Grin]
 
Posted by legaleagle on :
 
Injunjoe wrote:

I called Andy just now and he said yes, the report is INCOMPLETE. THat is why the PR on Friday was ammended on Monday. He cannot comment further until he talks more with the company and others but he said to try tomorrow and he might have more info.
Several people on RB are posting that they talked to him and he said it was incomplete, but they are either lying (big surprise) or he was told something different between when they talked to him and when I did. If anyone is questioning me, feel free to call 877-752-3755 and verify. To my surprise he was in a pretty good mood, although I did start off the conversation mentioning I was asking for CMKX.NET members.
The plot thickens.....
Patrick

http://cmkxdiamond.********s32.com/index.cgi?board=general&action=display&num=1116523889
 
Posted by Ric on :
 
Thats the point Legal, he isn't giving the longs all the information. And the theory the SEC is stopping him from doing it is bull. That would be illegal and CMKX could have used it in court. UC is hiding all the stuff that means anything. That almost always means it bad. You don't hide good stuff no matter what your theory says.
 
Posted by legaleagle on :
 
Doc) The first sign of a person who needs help is denial, and you my friend are in a major denial about this useless stock


Is that a "professional" opinion? LOL When you can't attack the message, attack the messenger. That seems to be the only arrows in the "merry men" quiver.
 
Posted by Ric on :
 
This is what all scams do. Give you, I will find out. Somethings not right, but one thing they never do is give you a straight answer. And they are always upbeat. Thats what a IR person is paid to be or they would be fired.
 
Posted by ed19363 on :
 
Give it up, Doc. You are in a battle of wits with an unarmed man.
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
Thats the point Legal, he isn't giving the longs all the information. And the theory the SEC is stopping him from doing it is bull. That would be illegal and CMKX could have used it in court. UC is hiding all the stuff that means anything. That almost always means it bad. You don't hide good stuff no matter what your theory says.

You do hide good stuff when you are in the midst of negotiations and your opponent does not want it out.
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
Doc) The first sign of a person who needs help is denial, and you my friend are in a major denial about this useless stock


Is that a "professional" opinion? LOL When you can't attack the message, attack the messenger. That seems to be the only arrows in the "merry men" quiver.

Hey come back with some news that CMKX has more than 2 specks of diamond dust and maybe your credibility will come back also. Until then you are merely living in a dream world still waiting for Mt St Helens to explode [Big Grin]
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
Give it up, Doc. You are in a battle of wits with an unarmed man.

If personal attacks are the only "arms" you have then there is not much of a battle anyway.
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by Ric:
Thats the point Legal, he isn't giving the longs all the information. And the theory the SEC is stopping him from doing it is bull. That would be illegal and CMKX could have used it in court. UC is hiding all the stuff that means anything. That almost always means it bad. You don't hide good stuff no matter what your theory says.

You do hide good stuff when you are in the midst of negotiations and your opponent does not want it out.
You also hide when you have chit to show and plea the 5th [Big Grin] Now run along I think that Urban and Dr D are looking for you. Run along its kool-aid time.
 
Posted by ed19363 on :
 
There isnt much to be said about the stock until we get some info. IMO dont get it anymore, and your pathetic attempts to put positive spin on a .0001 stock with no reporting dont get it either. Ergo, you are beating a dead horse. you go on pumping, I'll wait for a filing.
 
Posted by legaleagle on :
 
quote:
Originally posted by Doctoall:
quote:
Originally posted by legaleagle:
Doc) The first sign of a person who needs help is denial, and you my friend are in a major denial about this useless stock


Is that a "professional" opinion? LOL When you can't attack the message, attack the messenger. That seems to be the only arrows in the "merry men" quiver.

Hey come back with some news that CMKX has more than 2 specks of diamond dust and maybe your credibility will come back also. Until then you are merely living in a dream world still waiting for Mt St Helens to explode [Big Grin]
I don't expect any "credibility" with the "merry men". You each have your own "agenda". But there is a common thread to each. Hatred and animosity. It shows in every reponse. Those who visit here, and do not enjoy wallowing in the "sty" that you have created here, also place no crediibility in what you say.
 
Posted by ed19363 on :
 
So leave already!!!!
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
There isnt much to be said about the stock until we get some info. IMO dont get it anymore, and your pathetic attempts to put positive spin on a .0001 stock with no reporting dont get it either. Ergo, you are beating a dead horse. you go on pumping, I'll wait for a filing.

Why now? It hasn't stopped you over the last several hundred pages.
 
Posted by Doctoall on :
 
Run along Legal Urban is calling "Its Kool-Aid Time" time to rehearse the pleaing of the 5th [Big Grin]
 
Posted by Ric on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by Ric:
Thats the point Legal, he isn't giving the longs all the information. And the theory the SEC is stopping him from doing it is bull. That would be illegal and CMKX could have used it in court. UC is hiding all the stuff that means anything. That almost always means it bad. You don't hide good stuff no matter what your theory says.

You do hide good stuff when you are in the midst of negotiations and your opponent does not want it out.
Thats crazy, the SEC can't stop cmkx from giving out anything. Only a Judge can do that. The SEC can only halt a company 10 days while they start an investigation. After that it takes a Judge to shut them down. And this judge is giving them every chance to file by June 30th. If not they will be revoked. This theory that the boogie man is out to get us and we must hide has went on forever now. First it was hiding from Debeers and Other diamond companies. Then its the SEC and the JV's. You keep coming up with excuses for UC. No one wants to blame him for this mess. It has to be someone elses fault.
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
So leave already!!!!

[Razz]
 
Posted by Wallace#1 on :
 
legal wrote: "And you talk about me and long posts."

Ans: legal, I answered 5 separate posts, one of which was the very shortest of your posts and it was extremely long considering.

legal said: "Urban had nothing to do with this 8K. He is in Ecuador. Stoecklein is handling."

Ans: Stoecklein is neither an officer nor a Director of CMKX. The responsibility rests with the CEO no matter who released it....in other words, the buck stops with UC. Technically and legally, he cleared it. Just a thought though, maybe UC is hanging out in Equador for a while so he cannot get arrested in the US or Canada.

legal stated: "Still waiting for your proof, Wallace."

Ans: legal, you and Dr Delirium have been given and shown proof every which way and back, but refuse to see it and acknowledge it. You prefer to spin and live in la la land.

legal also said: "Being a pompous a$$ who tries to ridicule "longs" is not proof. Name calling and personal bashing, is not proof."

Ans: You are a fine example of "the kettle calling the pot black". LMAO That says a lot about you.
 
Posted by ed19363 on :
 
Well, I'll tell ya what, legal. From this post on, I will just pretend your posts dont exist. How's that?
You dont wanna hear from me, and I dont wanna hear from you.
All I want is an end. File or go broke. Either way is fine with me, just end it.

Signing off now
BYEEEEEE
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
quote:
Originally posted by legaleagle:
quote:
Originally posted by Ric:
Thats the point Legal, he isn't giving the longs all the information. And the theory the SEC is stopping him from doing it is bull. That would be illegal and CMKX could have used it in court. UC is hiding all the stuff that means anything. That almost always means it bad. You don't hide good stuff no matter what your theory says.

You do hide good stuff when you are in the midst of negotiations and your opponent does not want it out.
Thats crazy, the SEC can't stop cmkx from giving out anything. Only a Judge can do that. The SEC can only halt a company 10 days while they start an investigation. After that it takes a Judge to shut them down. And this judge is giving them every chance to file by June 30th. If not they will be revoked. This theory that the boogie man is out to get us and we must hide has went on forever now. First it was hiding from Debeers and Other diamond companies. Then its the SEC and the JV's. You keep coming up with excuses for UC. No one wants to blame him for this mess. It has to be someone elses fault.
Ric, listen. I didn't say that the SEC was stopping us. Negotiations are stopping us. Why would we play our best card while in the midst of negotiations?
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
Well, I'll tell ya what, legal. From this post on, I will just pretend your posts dont exist. How's that?
You dont wanna hear from me, and I dont wanna hear from you.
All I want is an end. File or go broke. Either way is fine with me, just end it.

Signing off now
BYEEEEEE

DEAL
 
Posted by Wallace#1 on :
 
legal wrote: "Negotiations are stopping us. Why would we play our best card while in the midst of negotiations?"

legal, what the hell are you talking about? More inside information that you really do not have and are bullschiting about? Christ, man, stop it! You have become mental!

I cannot believe it! Your credibility has done nothing but deteriorate more and more as time goes by!!
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
legal wrote: "Negotiations are stopping us. Why would we play our best card while in the midst of negotiations?"

legal, what the hell are you talking about? More inside information that you really do not have and are bullschiting about? Christ, man, stop it! You have become mental!

I cannot believe it! Your credibility has done nothing but deteriorate more and more as time goes by!!

First, I am sure HE will appreciate your calling on Him, even if disrespectfully. It's a start. What do you think started between SEC and principals in the meeting, the day after the hearing?

And it seems that my "credibility" deteriorates the more I disagree with you. Are you the "standard of credibility" for Allstocks? That head is gonna pop if it swells anymore.
 
Posted by ed19363 on :
 
Wallace, I think there is some negotiations going on....UC is negotiating the length of his jail term.....and if that gets out, everybody would abandon his sorry butt....
IMO of course.....LOLOLOLOLOL
 
Posted by Doctoall on :
 
quote:
Originally posted by ed19363:
Wallace, I think there is some negotiations going on....UC is negotiating the length of his jail term.....and if that gets out, everybody would abandon his sorry butt....
IMO of course.....LOLOLOLOLOL

I say give him a jail sentence, digging with a shovel for diamond dust in his useless claims [Big Grin]
 
Posted by ed19363 on :
 
Doc, that may be the last secret to be revealed. The end of the BIG PLAN....6 to 12 for stock fraud....lol
 
Posted by ed19363 on :
 
Pardon me gentlemen, but it is time for me to go check the stocks that ARE reporting and making me money....BBL all...have fun
 
Posted by legaleagle on :
 
For those that are interested: Christian Traders / Frizzell Interview 3:00PM EST exclusively on http://cfrn.net
 
Posted by Wallace#1 on :
 
legal said: "First, I am sure HE will appreciate your calling on Him, even if disrespectfully. It's a start. What do you think started between SEC and principals in the meeting, the day after the hearing?"

Re the first sentence of your response, legal, you need it more than I.

Re the second part, it would take an idiot to think any negotiations with the SEC have diddly squat to do with the content of the 8K or any thing else to do with releasing the proper information about EVERYTHING. Since when have you or any of your kind (Dr Dementia, Zen, Green Baron or CT/OG/Cult Members) have any knowledge as to what may or may not be released during any kind of negotiations, let alone those with the the SEC? Like I said, you have become mental like your DrD.
 
Posted by Ric on :
 
The SEC was asked by the judge whether a agreement could be reached and they said no. The meeting is standard so they can arrange when the parties need to get there evidence in for the judge. That meeting was nothing more then normal and the cult has made it out as a cmkx win over the SEC. Why would they agree after UC took the fifth. The account saying they got no records from the company. Mahue knew nothing. There will be no deal. The Judge will make the ruling on what happens. This was the same spill they gave before the hearing. A deal is in the works. There won't be a hearing. Guess what there was no deal and there was a hearing. And theres no deal now.
 
Posted by Ric on :
 
This says it all:

CMKX's actual results could differ materially from such forward-looking statements because of factors such as: actual or perceived benefits of the Jarvis report; any findings or recommendations contained in the report; uncertain regulatory scrutiny; the current state of CMKX's operations; unavailability of documentation and corporate records; benefits of the to be commenced summer drilling program; the ability to rebuild financial records; timing necessary to comply with reporting requirements; lack of adequate internal controls; unforeseen capital deficiencies; 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.
 
Posted by ed19363 on :
 
Ric, reminds me of those drugs they advertise on TV. The side effects are worse than what the drug is supposed to fix. LOL
 
Posted by Doctoall on :
 
quote:
Originally posted by ed19363:
Ric, reminds me of those drugs they advertise on TV. The side effects are worse than what the drug is supposed to fix. LOL

You have to really watch those drugs you could end up with a bad case of "legaleagleitis" it a mild case of distorting the facts followed by a loss of touch with reality and a very bad case of verbal diarrhea [Big Grin]
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
legal said: "First, I am sure HE will appreciate your calling on Him, even if disrespectfully. It's a start. What do you think started between SEC and principals in the meeting, the day after the hearing?"

Re the first sentence of your response, legal, you need it more than I.

Re the second part, it would take an idiot to think any negotiations with the SEC have diddly squat to do with the content of the 8K or any thing else to do with releasing the proper information about EVERYTHING. Since when have you or any of your kind (Dr Dementia, Zen, Green Baron or CT/OG/Cult Members) have any knowledge as to what may or may not be released during any kind of negotiations, let alone those with the the SEC? Like I said, you have become mental like your DrD.

Been through a lot of legal negotiations Wallace. You?
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
The SEC was asked by the judge whether a agreement could be reached and they said no. The meeting is standard so they can arrange when the parties need to get there evidence in for the judge. That meeting was nothing more then normal and the cult has made it out as a cmkx win over the SEC. Why would they agree after UC took the fifth. The account saying they got no records from the company. Mahue knew nothing. There will be no deal. The Judge will make the ruling on what happens. This was the same spill they gave before the hearing. A deal is in the works. There won't be a hearing. Guess what there was no deal and there was a hearing. And theres no deal now.

I believe you are referring to AccaDacca in Willy's room, Ric. Please don't mistake any "longs" for being Acca followers. Willy's appears to be your primary source for your information. So everyone can consider the source.
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
This says it all:

CMKX's actual results could differ materially from such forward-looking statements because of factors such as: actual or perceived benefits of the Jarvis report; any findings or recommendations contained in the report; uncertain regulatory scrutiny; the current state of CMKX's operations; unavailability of documentation and corporate records; benefits of the to be commenced summer drilling program; the ability to rebuild financial records; timing necessary to comply with reporting requirements; lack of adequate internal controls; unforeseen capital deficiencies; 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.

Ric, do you comprehend the nature of a "Disclosure Statement". NOTE: This does not constitute DD.
 
Posted by Wallace#1 on :
 
"Been through a lot of legal negotiations Wallace. You?"

Yes, legal, many, many more of the type similar to that that the SEC and CMKX might have been involved with than you could even begin to think about. Your's were of a completely different nature and subject. Mine were extremely closely related in many ways that you could not even begin to imagine.
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
"Been through a lot of legal negotiations Wallace. You?"

Yes, legal, many, many more of the type similar to that that the SEC and CMKX might have been involved with than you could even begin to think about. Your's were of a completely different nature and subject. Mine were extremely closely related in many ways that you could not even begin to imagine.

And you were making tactical decisions?
 
Posted by Wallace#1 on :
 
legal, please do not act the fool!

You have just a minor concept of what I might have done while on Wall Street.

It should be rather obvious to you with just the tiny bit of information I recently posted about my experience as to the extent of my involvement in any kind of negotiations.

You, on the other hand, have had none of that kind of experience. Until you do and until you can, please try to be a bit enlightened to whatever extent you are capable.
 
Posted by bill1352 on :
 
legal, ever once in a while you go off the deep end...this 8k has sent ya sailing. negotiations??? please cmkx has nothing to deal with. remember the SEC has the DTC info & they had no legal reason to give it to cmkx, it wasn't part of any evidence they needed to prove the charges they brought against cmkx. 1 page was missing from the 8k, table 1. there are 8 pages of bad news but that 1 page, a page that says somebody was out to lunch with the 100's of anomolies comment, will save cmkx's azz. that page gives cmkx the leverage needed in a deal is what your saying. cmkx has been around for 4 or 5 yrs in differant forms & that 1 missing page is the key. & this from a report that kills a bunch of the cults beliefs. put the kool-aide glass down legal & back away from it, its become a hazzard to your health.
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
legal, ever once in a while you go off the deep end...this 8k has sent ya sailing. negotiations??? please cmkx has nothing to deal with. remember the SEC has the DTC info & they had no legal reason to give it to cmkx, it wasn't part of any evidence they needed to prove the charges they brought against cmkx. 1 page was missing from the 8k, table 1. there are 8 pages of bad news but that 1 page, a page that says somebody was out to lunch with the 100's of anomolies comment, will save cmkx's azz. that page gives cmkx the leverage needed in a deal is what your saying. cmkx has been around for 4 or 5 yrs in differant forms & that 1 missing page is the key. & this from a report that kills a bunch of the cults beliefs. put the kool-aide glass down legal & back away from it, its become a hazzard to your health.

Only once in awhile bill? Wow. I must be making some headway with the "merry men". No, the missing Table 1 probably does not contain the "negotiable" information. It is what was not said, in the 8K or Table 1, that is so important to negotiations. IMO
 
Posted by bill1352 on :
 
not said??? legal this was in all reality a review of the last yrs drilling. look at the dates. what else could be said? i'd say the guy said it as nicely as possible. remember a few days ago how important this guy was in the mining community according to the cult? you brought reposts in from elsewhere praising this guy. everything he said in the reports tells a story of a company running around like chickens with their heads cut off. he didn't check the uranium claims because cmkx has no control of them & why go to south america, i'm sure qualified ppl down there can be hired. he gave a 1 yr grade to the efforts of cmkx to find diamonds in canada & the grade was hire someone with a clue.
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
not said??? legal this was in all reality a review of the last yrs drilling. look at the dates. what else could be said? i'd say the guy said it as nicely as possible. remember a few days ago how important this guy was in the mining community according to the cult? you brought reposts in from elsewhere praising this guy. everything he said in the reports tells a story of a company running around like chickens with their heads cut off. he didn't check the uranium claims because cmkx has no control of them & why go to south america, i'm sure qualified ppl down there can be hired. he gave a 1 yr grade to the efforts of cmkx to find diamonds in canada & the grade was hire someone with a clue.

Well, Bill we could start with the results on the 50-60 holes that Mr. Koch (ostesible holder of 025 Sask) reported to shareholders at the race. Remember that is 1.1 million acres, not the 7km circle around Carolyn that we saw in the report. We could have talked about the uranium claims that we have with JV's. We could have reported the relationship that we have with AZTM and their diamond mining operations, including the Carolyn. We could have talked about our holdings in Ecuador and the increased ore processing PR'd by USCA. Those are just a few of the things that could have been in the 8K.

The point I am making, is this 8K could have contained enough positive information to caused a run, and a naked short squeeze. As noahltl stated above. Such could break the market, and avoidance of that would be a high priority of the SEC. All IMO
 
Posted by bill1352 on :
 
the uranium is not under cmkx control thus they probably are not sure what if anything is being done. koch said 50 to 60 holes ok...the fly over was also said by a cmkx insider to have shown 100's of anolmoies & this 8k covers that fly over yet it says 16 & it says some of those may not be good. so somebody no matter who says something at a race does not make it true. UC said in otcober they were closer to reporting then he expected & in court every witness said under oath they could not get papers needed & a pr said a lot was missing & might not be able to be rebuilt so you cant believe what UC says either. as for AZTM there is no signed connection, its just a guess because of somebody knowing somebody. if cmkx was part of it they would have been named in the law suit by the canadian JV's. when you sue you name everyone possible & then throw out the ones that do not belong but you have to name anyone even remotely connected. cmkx was not mentioned at all.
 
Posted by will on :
 
Here's how it's going to go. You will appreciate this noah, you used to be a sheriff.

There is a little mythical character going to visit the portfolio of the fantasy writers and believers. He's a cross between Richard Boone and the Frito Bandito. His name is the "CMKX Reality Sheriff". He has been polite, knocked on your doors, and warned you he was coming, but you ignored him, you didn't answer the door. That's ok with him, because even if you ignore the CMKX Reality Sheriff, he will still balance your fantasies through your portfolio. You can deny him, he doesn't mind, you can ignore him, he doesn't mind, but you can't stop him.
Now noah, there soon will be a new sheriff in town, the CMKX Reality Sheriff, you should have listened to him when he knocked a year ago. I ignored him, and it cost me a little, but those of you who are heavily invested here will be meeting him face to face soon. You're one of the fortunate faithful, you didn't go nuts to the tune of 10's of thousands of dollars, but the ones that have, he'll love meeting their portfolios.
 
Posted by legaleagle on :
 
quote:
Originally posted by will:
Here's how it's going to go. You will appreciate this noah, you used to be a sheriff.

There is a little mythical character going to visit the portfolio of the fantasy writers and believers. He's a cross between Richard Boone and the Frito Bandito. His name is the "CMKX Reality Sheriff". He has been polite, knocked on your doors, and warned you he was coming, but you ignored him, you didn't answer the door. That's ok with him, because even if you ignore the CMKX Reality Sheriff, he will still balance your fantasies through your portfolio. You can deny him, he doesn't mind, you can ignore him, he doesn't mind, but you can't stop him.
Now noah, there soon will be a new sheriff in town, the CMKX Reality Sheriff, you should have listened to him when he knocked a year ago. I ignored him, and it cost me a little, but those of you who are heavily invested here will be meeting him face to face soon. You're one of the fortunate faithful, you didn't go nuts to the tune of 10's of thousands of dollars, but the ones that have, he'll love meeting their portfolios.

And this is based on what facts, will?
 
Posted by will on :
 
You read them all, and know them all too well. You b*stardized them, twisted them, and sadest of all, ignored them.
The news just keeps getting worse, Citi-Group, Disappointing drilling report, next will be your precious NSS theory, it will be exposed as fantasy soon too.
 
Posted by legaleagle on :
 
More Willy Wizard DD.
 
Posted by will on :
 
You never were on the Citi-Group bandwagon, c'mon, don't make go look for your posts and reposts, now. Fess up, sheriff.
I know you denied a long time ago that you bought CMKX because the rumored NSS, but now it would seem that might be its last leg, and I say that is as good as NO leg. Unfortunately, you are down to that bullet, a bullet you never thought existed or had any great potential when you bought your shares of CMKX.
 
Posted by legaleagle on :
 
Does Citi have interests in CMKX? Probably, since they bought NITE deivatives, and were/are way upside down on the NS. I would think they might like to have some dealings with CMKX. Are they going to buy-out CMKX? NO. But they may help finance one. All IMO
 
Posted by will on :
 
LOL, you just don't give it up, do you? Citi said they have NOTHING to do with CMKX, zip, zero, nada, and you keep nferring a relationship.

Stop yourself, man !
 
Posted by legaleagle on :
 
I believe they spoke about no Buy Out agreements or negotiations, didn't they. We know we have some relationship with them. Those "excellent" debit cards.
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
I believe they spoke about no Buy Out agreements or negotiations, didn't they. We know we have some relationship with them. Those "excellent" debit cards.

They said NO relationship with CMKX PERIOD [Big Grin]
 
Posted by legaleagle on :
 
Hmmmm E-trade transaction history, new today: 05/19/05 Reorganization CASAVANT INTERNATIONAL MINING
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
Hmmmm E-trade transaction history, new today: 05/19/05 Reorganization CASAVANT INTERNATIONAL MINING

So one scam closes and he creates another scam to pay the bills. The guy needs to go to jail plain and simple. [Big Grin]
 
Posted by legaleagle on :
 
quote:
Originally posted by Doctoall:
quote:
Originally posted by legaleagle:
I believe they spoke about no Buy Out agreements or negotiations, didn't they. We know we have some relationship with them. Those "excellent" debit cards.

They said NO relationship with CMKX PERIOD [Big Grin]
Link Doc?
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by Doctoall:
quote:
Originally posted by legaleagle:
I believe they spoke about no Buy Out agreements or negotiations, didn't they. We know we have some relationship with them. Those "excellent" debit cards.

They said NO relationship with CMKX PERIOD [Big Grin]
Link Doc?
Sorry it came from one of your links [URL=http://www. dementia.com]www.dementia.com[/URL] originally posted by Dr Dementia formally the Grand Puba Dr. Diamond [Big Grin]
 
Posted by legaleagle on :
 
quote:
Originally posted by Doctoall:
quote:
Originally posted by legaleagle:
Hmmmm E-trade transaction history, new today: 05/19/05 Reorganization CASAVANT INTERNATIONAL MINING

So one scam closes and he creates another scam to pay the bills. The guy needs to go to jail plain and simple. [Big Grin]
And you read that much out of what I posted? No wonder you are having problems understanding this stock Doc.
 
Posted by Doctoall on :
 
Oh I am sorry Legal I thought that you wanted a link for some help, how silly of me [Big Grin]
 
Posted by legaleagle on :
 
quote:
Originally posted by Doctoall:
quote:
Originally posted by legaleagle:
quote:
Originally posted by Doctoall:
quote:
Originally posted by legaleagle:
I believe they spoke about no Buy Out agreements or negotiations, didn't they. We know we have some relationship with them. Those "excellent" debit cards.

They said NO relationship with CMKX PERIOD [Big Grin]
Link Doc?
Sorry it came from one of your links [URL=http://www. dementia.com]www.dementia.com[/URL] originally posted by Dr Dementia formally the Grand Puba Dr. Diamond [Big Grin]
So in other words, nothing to back up your post?
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by Doctoall:
quote:
Originally posted by legaleagle:
Hmmmm E-trade transaction history, new today: 05/19/05 Reorganization CASAVANT INTERNATIONAL MINING

So one scam closes and he creates another scam to pay the bills. The guy needs to go to jail plain and simple. [Big Grin]
And you read that much out of what I posted? No wonder you are having problems understanding this stock Doc.
There is no problem understanding this POS stock its a SCAM Plain and Simple a SCAM that you continue to pump like crazy [Big Grin]
 
Posted by Doctoall on :
 
Legal like you have ever posted anything to back up your post, nothing but manure, bull crap. All you have posted on this thread is nonsense and piles of junk that are so twisted you don't even know what you are posting.

Take your Depakote tonight you may feel better in the morning [Big Grin]
 
Posted by ed19363 on :
 
What's to reorganize??
It was never organized in the first place...
UC was CEO, pres, VP, secy, treas, janitor, etc and ran the whole thing out of his basement. Yeah, that's organization.,....lol
 
Posted by Doctoall on :
 
quote:
Originally posted by ed19363:
What's to reorganize??
It was never organized in the first place...
UC was CEO, pres, VP, secy, treas, janitor, etc and ran the whole thing out of his basement. Yeah, that's organization.,....lol

But Ed please don't forget that UC is also the keeper of the 5th so that he can forget he did anything. What a joke Urban and his companies and his pumpers are [Big Grin]
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
legal, please do not act the fool!

You have just a minor concept of what I might have done while on Wall Street.

It should be rather obvious to you with just the tiny bit of information I recently posted about my experience as to the extent of my involvement in any kind of negotiations.

You, on the other hand, have had none of that kind of experience. Until you do and until you can, please try to be a bit enlightened to whatever extent you are capable.

Obviously you never negotiated with a Market Maker or you would have known what they were.
How much longer are you going to keep up this facade of your importance to Wall Street and the NYSE?
 
Posted by ed19363 on :
 
I was just over reading what the scamm...uhhh, pump....uhhh...PEOPLE on the other boards were saying. Appears Fiddlefaddle had an interview today. Didnt say anything except everybody seems to have picked this time to leave the country. Oh, and a familiar line from years ago. The auditors are STILL WORKING ON IT. I'm glad he didnt say "soon" or "we are close". LOL
 
Posted by legaleagle on :
 
Doc) "Legal like you have ever posted anything to back up your post, nothing but manure, bull crap. All you have posted on this thread is nonsense and piles of junk that are so twisted you don't even know what you are posting."


Doc, your posts are getting so much more intelligent. Maybe it was your exposure to Dr. D that has elevated the genius of your responses.
 
Posted by Ric on :
 
Got that link for you Doc

http://www.smithbarney.com/career_center/our_company/press_releases/


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.
 
Posted by ed19363 on :
 
Kinda takes care of that, dont it, Ric?
Pretty clearcut release.
 
Posted by Wallace#1 on :
 
Do any of you remember the following:
Remember this legal?
You stated:
THOSE WHO REMEMBER COACHPHILM KNOW THAT HE WAS A NO NONSENSE POSTER. HIS VISIT WITH URBAN AND CAROLYN WAS A POSITIVE EXPERIENCE AND HE REPORTED IT.

Coachphilm63
"I then asked him how many holes have we drilled THIS year and he said 40-50 holes year to date. We tried to get locations and he was vague in his response, he did mention they where looking in another area, that they cant say yet. He said the holes were 2-4" and as deep as 1200 ft but some hit kimberlite at 400'."

legal added this:
40-50 HOLES "THIS YEAR". DAYS THIS YEAR - 58 = NEARLY 1 HOLE DRILLED PER DAY. PRETTY AGGRESSIVE PROGRAM GOING ON UP THERE

PS: Sure, legal, sure!

By the way, that was Feb.,2005
 
Posted by Wallace#1 on :
 
This was my response to the above at that time:

Originally posted by Wallace#1:
COACHPHLEGM is probably more like it, legal.

"Phlegm" - one of the four humors of physiology supposed to be cold and moist and cause sluggishness.

Legal, is that person now with CT? Probably so!
--------------------------------------------------------------------------------

I don't know if he is with Christian Traders or not. He is an admin at P*********32

Wallace: Isn't that where Dr. Dementia is?
 
Posted by Ric on :
 
Real companies put out releases that are to the point so you don't have to come up with theories to make out what they said.


quote:
Originally posted by ed19363:
Kinda takes care of that, dont it, Ric?
Pretty clearcut release.


 
Posted by legaleagle on :
 
For what it's it worth, here is a posting circulating the rooms and boards:

andys latest message: "So...by now many CMKX'rs have determined the 8k was to contain about 225 pages. You need to ask yourselves who held back most of the info and why? Possibilities are: Company? or Stoecklein advised company? or SEC withheld or requested it be? ". (05/19/2005 6:02 PM)
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
This was my response to the above at that time:

Originally posted by Wallace#1:
COACHPHLEGM is probably more like it, legal.

"Phlegm" - one of the four humors of physiology supposed to be cold and moist and cause sluggishness.

Legal, is that person now with CT? Probably so!
--------------------------------------------------------------------------------

I don't know if he is with Christian Traders or not. He is an admin at P*********32

Wallace: Isn't that where Dr. Dementia is?

Wallace, check with Ric. coach is an admin at Willy's now, so Ric should know him pretty well.
 
Posted by Ric on :
 
This is the same as UC stating that they would put out the informtion even if the SEC didn't want him too. Never said the SEC was stopping him and Andy isn't saying that the SEC is withholding but by saying these things the cult can blame the SEC for it. If the SEC did this then all he11 would break lose. The SEC doesn't have the authority to withhold documents. Its a ploy to lay the blame. Thats what this whole hearing was about from UC's standpoint. UC took the fifth so they can't come after him and then throw in the NSS and the evil SEC and UC hopes to get off scott free with a private company and all the investors money.
 
Posted by Ric on :
 
Been trying to stay out of willy's room, It was giving me migranes.
 
Posted by Wallace#1 on :
 
Here's some more laughs for all of you from legal's posts:

Travler, everybody makes mistakes sometimes. But the point of the post is not the "pump", it is the explanation of the legal maneuver that took CMKX to 'filed status' right under the radar.

Roger Glenn formulated the battle plan and negotiated the peace plan. "Peace" failing, Maheu is now unleashing the dogs of war.

And your source for that bill? Are you saying that Roger Glenn scammed the scammer? You have no idea what Roger Glenn did or didn't do.

THIS WAS MY RESPONSE TO THE ABOVE:
Geeezzzzzuuussss!!! I really am glad you are posting here, legal. LMAO so many times!! No offense.

Also, legal, looks like you changed your tune about the Coach too, huh? You sure were impressed with him in Feb 05! Things do change don't they? Next thing you know, you and other Cult Members will be saying the same thing about UC and CMKX!
 
Posted by Wallace#1 on :
 
Hey guys, here's another good one that I thought you might enjoy:

Question Posted fr a Newbie:
sorry for all the newbie ?s today...
On the unofficial cmkx board there has been discussion of a dividend payout to make the MMs payup. Sorry if I'm being daft here, but how does a company without revenue pay out a dividend? Even if there are lots of big, quality diamonds found, a revenue stream is some time away still.

NOTE FROM WALLACE: That seems to be a very logical question, doesn't it?

Response fr WWJDthrume (Debi):
"If they own all or most of the Outstanding stock they won't have to pay the dividend. The people who are short will need to pay. I think it is a great idea. I don't really know how it would play out but I have seen some posts on this idea and it sounded good. IMO-GLTA-Debi"

WHAT THE HELL IS SHE TALKING ABOUT? AND SHE'S A "SUPER ADMINISTRATOR' OVER AT CHRISTIAN TRADERS?
 
Posted by Wallace#1 on :
 
Now you see why we all love it legal? It's the best comedy going....a laugh a minute!

How about responding to this legal:

"legal added this:
40-50 HOLES "THIS YEAR". DAYS THIS YEAR - 58 = NEARLY 1 HOLE DRILLED PER DAY. PRETTY AGGRESSIVE PROGRAM GOING ON UP THERE"

A rather spectacular speculation of your's, huh?
Those are your kind of FACTS!!!!
 
Posted by Wallace#1 on :
 
legal, check my last post against what was presented in the Jarvis Report! 40-50 holes in 2005, up until around 2/27/05, huh? Yes, that IS rather aggressive speculation on your part!
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
This is the same as UC stating that they would put out the informtion even if the SEC didn't want him too. Never said the SEC was stopping him and Andy isn't saying that the SEC is withholding but by saying these things the cult can blame the SEC for it. If the SEC did this then all he11 would break lose. The SEC doesn't have the authority to withhold documents. Its a ploy to lay the blame. Thats what this whole hearing was about from UC's standpoint. UC took the fifth so they can't come after him and then throw in the NSS and the evil SEC and UC hopes to get off scott free with a private company and all the investors money.

Ric, can't speak for all the longs, but I don't believe the SEC manipulated the document. As I have been stating, I think the company shortened it because of pending negotiations.
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
Here's some more laughs for all of you from legal's posts:

Travler, everybody makes mistakes sometimes. But the point of the post is not the "pump", it is the explanation of the legal maneuver that took CMKX to 'filed status' right under the radar.

Roger Glenn formulated the battle plan and negotiated the peace plan. "Peace" failing, Maheu is now unleashing the dogs of war.

And your source for that bill? Are you saying that Roger Glenn scammed the scammer? You have no idea what Roger Glenn did or didn't do.

THIS WAS MY RESPONSE TO THE ABOVE:
Geeezzzzzuuussss!!! I really am glad you are posting here, legal. LMAO so many times!! No offense.

Also, legal, looks like you changed your tune about the Coach too, huh? You sure were impressed with him in Feb 05! Things do change don't they? Next thing you know, you and other Cult Members will be saying the same thing about UC and CMKX!

Actually I think coach is a pretty level headed person. I am sure that's why Willy recently chose him to help keep order in that place.
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
Hey guys, here's another good one that I thought you might enjoy:

Question Posted fr a Newbie:
sorry for all the newbie ?s today...
On the unofficial cmkx board there has been discussion of a dividend payout to make the MMs payup. Sorry if I'm being daft here, but how does a company without revenue pay out a dividend? Even if there are lots of big, quality diamonds found, a revenue stream is some time away still.

NOTE FROM WALLACE: That seems to be a very logical question, doesn't it?

Response fr WWJDthrume (Debi):
"If they own all or most of the Outstanding stock they won't have to pay the dividend. The people who are short will need to pay. I think it is a great idea. I don't really know how it would play out but I have seen some posts on this idea and it sounded good. IMO-GLTA-Debi"

WHAT THE HELL IS SHE TALKING ABOUT? AND SHE'S A "SUPER ADMINISTRATOR' OVER AT CHRISTIAN TRADERS?

Since Debi isn't here, let me try and explain. If Urban owns 800 billion shares, then he MAKES money on a cash dividend. The shorters pay the rest. That should be easy to figure out for an old Wall Street guru.
 
Posted by Wallace#1 on :
 
I REPEAT!!!

How about responding to this legal:

"legal added this:
40-50 HOLES "THIS YEAR". DAYS THIS YEAR - 58 = NEARLY 1 HOLE DRILLED PER DAY. PRETTY AGGRESSIVE PROGRAM GOING ON UP THERE"

A rather spectacular speculation of your's, huh?
Those are your kind of FACTS!!!!
 
Posted by Ric on :
 
Fact/fiction doesn't add up with this stock. 4 holes - 40 holes, 689 shareholders - 300 shareholders, 2 grains of diamonds - a warehouse full of diamonds, 703 billion o/s - low o/s.

Numbers don't seem come out right with cmkx. But we can always blame it on bad bookeeping and voids in records.
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
legal, check my last post against what was presented in the Jarvis Report! 40-50 holes in 2005, up until around 2/27/05, huh? Yes, that IS rather aggressive speculation on your part!

The Jarvis report dealt with 025 Sask Ltd. We have many more holdings. Do your DD Wallace, you are providing many more laughs than I am. I think even your "merry men" are begining to have some doubts about your credibility.
 
Posted by Wallace#1 on :
 
legal wrote: "Since Debi isn't here, let me try and explain. If Urban owns 800 billion shares, then he MAKES money on a cash dividend. The shorters pay the rest. That should be easy to figure out for an old Wall Street guru."

Yes, that I could figure out, but obviously with either 779 or 703 billion shares outstanding and just accounting for the shares she owns, it is an extremely stupid response. If she comes here I will tell her the same thing.

Past posts of all of you Christian Trader, CT, OG and Cult Members are infested with such ridiculous statements and speculations.
 
Posted by Ric on :
 
Legal wrote: Since Debi isn't here, let me try and explain. If Urban owns 800 billion shares, then he MAKES money on a cash dividend. The shorters pay the rest. That should be easy to figure out for an old Wall Street guru.

Answer. Thats impossible since UC stated the shareholders of record and all insider, UC, Certs, JV's, and giveaways are part of shareholders of record. Beside if o/s is 703 billion then he diffently couldn't own 800 billion. But 300+ float is fact from UC's PR, we know from OG there is 30 billion plus in cert holders.

"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."
 
Posted by Wallace#1 on :
 
Geezzzz, legal! Can't you even copy my posts correctly?

You posted: "Yes, that IS rather aggressive speculation on your part!"

I posted: "A rather spectacular speculation of your's, huh?
Those are your kind of FACTS!!!!"
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
Legal wrote: Since Debi isn't here, let me try and explain. If Urban owns 800 billion shares, then he MAKES money on a cash dividend. The shorters pay the rest. That should be easy to figure out for an old Wall Street guru.

Answer. Thats impossible since UC stated the shareholders of record and all insider, UC, Certs, JV's, and giveaways are part of shareholders of record. Beside if o/s is 703 billion then he diffently couldn't own 800 billion. But 300+ float is fact from UC's PR, we know from OG there is 30 billion plus in cert holders.

"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."

Ric, I am seeing more and more that you are not getting the concept of naked shorting, but let me start with Urban and his holdings. Insider shares are reported. Family owned shares are not, and he has a very large family involved as per the 14c.

Now let me say, that Urban can own or at least control as many shares as the family can buy. He can own 800 billion shares if there are trillions of naked shares on the market.
 
Posted by legaleagle on :
 
OK, on to the latest "flap" at E-trade. Account history for CIM shows "Reorganization" and this date. Callers are being told that there is a journal entry for a three way merger with Maller Inc (GXXL) and Stone Mountain.

This isn't my report, it's what E-trade is putting out, so argue with them.
 
Posted by Wallace#1 on :
 
legal wrote: "Now let me say, that Urban can own or at least control as many shares as the family can buy. He can own 800 billion shares if there are trillions of naked shares on the market."

legal, you're way out in left field again with ridiculous speculation.
 
Posted by Ric on :
 
They were reported on the 14 c. Of course the company knows what the family owns and they are part of the shareholders list. You don't understand simple logic if you don't grasp that. No he can't own 800 billion. He must by law report all his holding and they must be part of the shareholders list. This is easy I really don't understand how you can't figure that out.
 
Posted by legaleagle on :
 
Maller Inc. MSNC formerly GXXL

Stone Mountain SMOHF.PK
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
legal wrote: "Now let me say, that Urban can own or at least control as many shares as the family can buy. He can own 800 billion shares if there are trillions of naked shares on the market."

legal, you're way out in left field again with ridiculous speculation.

Did you notice the words "CAN OWN", not "does own". Playing semantics games Wallace?
 
Posted by Ric on :
 
There is no GXXL any more and I think that E-Trade would know that its MSNC and they just did a 1000:1 r/s and nothing more then a P&D ripped off many investors. But I guess scams stick together.

[ May 19, 2005, 22:02: Message edited by: Ric ]
 
Posted by legaleagle on :
 
I AM FINDING STONE MOUNTAIN UNDER SMO

http://tinyurl.com/b4shc
 
Posted by legaleagle on :
 
Make that SMO.V it is apparently a Canadian company on the Vancouver Exchange
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
There is no GXXL any more and I think that E-Trade would know that its MSNC and they just did a 1000:1 r/s and nothing more then a P&D ripped off many investors. But I guess scams stick together.

Check my prior post Ric. "Maller Inc. MSNC formerly GXXL"
 
Posted by Ric on :
 
seen that but was posting when you updated so didn't see it till already posted.
 
Posted by Wallace#1 on :
 
legal said: "Did you notice the words "CAN OWN", not "does own". Playing semantics games Wallace?"

legal the subject is so far out in left field, it is not worth discussing. Debi was out in left field with it as well.
 
Posted by legaleagle on :
 
MSNC -- Malers, Inc.
Com ($0.0001)

Address:
Suite 1300
10 1967 East Trans Canada Hwy.
Kamloops, BC V2C 4A4
Canada


Phone: Not Available


Business Description: Not Available

State of Incorporation: DE


Officers: Not Available


Outstanding Shares: Not Available

Estimated Market Cap: Not Available


Current Capital Change:
shs decreased by 1 for 1000 split
Ex-Date:
Record Date:
Pay Date: 2005-05-16

Dividends:

Company Notes:
Formerly=Trincomali, Ltd. until 10-99
Note=2-7-04 company's Board of Directors accepted offer from FNRP to acquire all the company's assets in exchange for FNRP Com shs. Basis: 1 sh FNRP for every 100 shs Com held
Formerly=Global Explorations Inc. until 5-05


Class Notes:
Capital Change=shs decreased by 1 for 30 split. Pay date=03/11/2003.
Capital Change=shs increased by 10 for 1 split. Ex-date=8-30-04. Rec date=8-26-04. Pay date=8-27-04


Transfer Agent:
National Stock Transfer, Inc., Salt Lake City, UT 84105-2425
 
Posted by glassman on :
 
what is this about drilling about 1 hole per day? what are they doing? building golf courses?
 
Posted by Ric on :
 
The 407 billion shares include: All of UC's shares or he is breaking the law. All his shares are restricted and must be part of the shareholders list. Any shares that are under contract (JV's and with other companies), all shares given away to family and friends. and all cert holders.

Only shares bought through a broker can be in street name and then if you have 5% or a officer of the company you would still have to report those shares and make them part of the record. Otherwise your shares are part of the float.

Now if your speculation is that some of UC's family bought shares through a broker in street name and still owns less then 5% and hold no position in cmkx then yes they are not part of 407 billion. BUT THEY ARE PART OF FLOAT. There shares would be the same as yours and mine. But if they are not part of the shareholders list then they can't vote those shares. Because they are not on the shareholders list stating they own shares.

I only have one problem with that. Why buy shares you can get for free. It really boggles my mind how someone thinks that UC's family wasn't given the shares they own. If they own any now. If I was them and knew what was going on. I would have sold my shares for cash months ago.
 
Posted by ed19363 on :
 
I was gonna go to the circus tonite, but figured I'd get just as many laughs here cheaper.
I was right.....
 
Posted by Ric on :
 
Funny, I was going to take Daughter to carnival tonite but it started raining so its more laughs here and cheaper.
 
Posted by legaleagle on :
 
Ric: "If I was them and knew what was going on. I would have sold my shares for cash months ago."

If they didn't sell, then that would mean what? Sure would be good to know if they sold or not.
 
Posted by Ric on :
 
Sure would be nice to know a lot of things but your right. I agree with you for once. Sure hope the world don't come to an end now, lol.

I don't care to admit that I am wrong at the end if I am. Just i see it like the old saying. If it looks bad and it smells bad then it probably is bad. You don't hide good information. I don't care what your reason is especially when it involves other peoples money.
 
Posted by legaleagle on :
 
Sometimes, if you want to protect people's money, you keep your mouth shut until the time is right.
 
Posted by legaleagle on :
 
The CMKX Community Board
General




senna
God of Diamonds


member is offline




Gender:
Posts: 2105
Re: If You Have Etrade Accounts Read This?
Reply #3 on: Today at 8:51pm

--------------------------------------------------------------------------------
I both of found of interest and since more then one had it...it may be something? There is another post from B29...I checked my TDW and nothing?

ok..... People from both rooms are receiving the same information from E-Trade........ E-Trade is saying 3 way MERGER with MALERS INC, and STONE MOUNTAIN with CASAVANT MINING... The info says it is a journal entry with no date assigned for action...... They said they are waiting for more info from CASAVANT . Let's hope E-Trade has it right this time !! Remember this is a Rumor until proven otherwise !!
 
Posted by Ric on :
 
Now we have a GOD of Diamonds to go with the Super Administrator and Global Moderator.
 
Posted by bill1352 on :
 
wow...grandbaby comes over & i miss a merger between CIM, & a r/s'ing POS & according to legal's link a suspended company. now if that ain't 3 of a kind i dont know what is. didn'y gxxl r/s last yr too? seems to me they have a few in their history. might be thinking of a differant r/s'in POS too.

& now its 8 of 225 pages that showed up??? funny what did show up didnt mention more tables or figures. ya think maybe andy is related to melvin??
 
Posted by Wallace#1 on :
 
legal wrote: "Sometimes, if you want to protect people's money, you keep your mouth shut until the time is right."

If you are referring to Urban Casavant, he opens his mouth at the wrong time and pleads the 5th but shuting his mouth at the wrong time as well.

There's no way he's about to protect anyone's money except his own. And all of that appears to have come from shareholders such as yourself.
 
Posted by will on :
 
CMKX Reality Sherrif, is on his way to your portfolio, good luck, and good night.
 
Posted by Doctoall on :
 
GXXL just did a reverse merger into MSNC (Maulers) the transaction is just starting to show on E-trade. It has nothing to do with CIM, just another rumor. 1000/1 merger.

I have e-turd and spoke with them today about the GXXL merger with MSNC and there was no mention of CIM or Stone. Just the CMKX bunch stiring up the kool-aid [Big Grin]
 
Posted by legaleagle on :
 
Check your transaction history for CIM if you own it Doc.
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
Check your transaction history for CIM if you own it Doc.

I will just call E-Trade in the morning to check out what they have to say, that will be the final work for me. And yes I do own CIM.
 
Posted by Doctoall on :
 
Legal here is what E-Trade is reporting, but I will still give them a call in the AM.

05/19/05 Reorganization CASAVANT INTERNATIONAL MINING 0.00
05/19/05 Reorganization CASAVANT INTERNATIONAL MINING 0.00
 
Posted by legaleagle on :
 
Reason
Diamond Hunter


member is offline


Posts: 3
SEC has Financials in 8K.
Thread started on: Today at 8:22pm

--------------------------------------------------------------------------------
When will they be released?
http://www.sec.gov/news/digest/dig051905.txt

CMKM Diamonds, Inc. NV 8.01,9.01 05/13/05
 
Posted by legaleagle on :
 
That post is interesting. Note the 9.01 on CMKX filing for "Financials and Exhibits". We got the 8.01 for "other" but where are the "Financials" and if it was filed on 5-13, Friday, why didn't we see it until Tuesday?
 
Posted by Ric on :
 
This is CMKX filing under 8.01 and 9.01. They state clearly what they filed under these and all are included in the MAy 18th filing. Sorry, another theory bites the dust. These posters should learn to read before posting.


http://www.sec.gov/Archives/edgar/data/1092299/000107704805000295/cmkm-drilling_report8k51305.htm


Item 8.01 Other Events

On May 13, 2005, the Company issued a press release announcing receipt of a drilling report prepared by William Jarvis on the Fort a la Corne Diamond Project. A copy of the press release and drilling report are attached hereto as exhibits 99-1 and 99-2.

On May 16, 2005, the Company issued a press release correcting a quote from Urban Casavant. A copy of the correcting press release is attached hereto as exhibit 99-3.

Item 9.01 Financial Statements and Exhibits

(c) Exhibits

Exhibit Number Exhibit Title of Description
99-1 Press Release dated May 13, 2005.

99-2 Fort a la Corne Diamond Drilling Report

99-3 Press Release dated May 16, 2005
 
Posted by Ric on :
 
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>cmkm-drilling_report8k51305.htm
<TEXT>
Document 1 - file: cmkm-drilling_report8k51305.htm
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>ex99-1.htm
<DESCRIPTION>PRESS RELEASE DATED MAY 13, 2005
<TEXT>
Document 2 - file: ex99-1.htm
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>ex99-2.htm
<DESCRIPTION>FORT A LA CORNE DIAMOND DRILLING REPORT
<TEXT>
Document 3 - file: ex99-2.htm
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>4
<FILENAME>ex99-2.pdf
<DESCRIPTION>PDF VERSION
<TEXT>
Document 4 - file: ex99-2.pdf
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>5
<FILENAME>ex99-3.htm
<DESCRIPTION>PRESS RELEASE DATED MAY 16, 2005
<TEXT>
Document 5 - file: ex99-3.htm
 
Posted by Ric on :
 
You did see it on the 13th because CMKX issued the 13th's PR as stated in 8.01 and the correction on the 16th under 8.01.

They filed the Jarvas report and the two PR's under 9.01. This is stated clearly in the PR and in there there 8-K filing. Under 9.01 99.1 99.2 and 99.3 exhibits were filed and all those exhibits are filed under 9.01 in the SEC records.


quote:
Originally posted by legaleagle:
That post is interesting. Note the 9.01 on CMKX filing for "Financials and Exhibits". We got the 8.01 for "other" but where are the "Financials" and if it was filed on 5-13, Friday, why didn't we see it until Tuesday?


 
Posted by skyken on :
 
is this stock will ever go up? does it have any potenials? thx
 
Posted by duediligence1 on :
 
703 billion shares outstanding, Anyone that thinks that can go up really shouldn't invest. Don't mean to sound rude by that just that this is well known now if you read a few posts.
 
Posted by bill1352 on :
 
the only thing going up on this thread is wallace's blood pressure. then of course all the theories legal imports in here do seem to go up in smoke.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by skyken:
is this stock will ever go up? does it have any potenials? thx

skyken,

Sure it will eventually go up. Problem is that it will go up in "smoke"!
 
Posted by Wallace#1 on :
 
quote:
Originally posted by bill1352:
the only thing going up on this thread is wallace's blood pressure. then of course all the theories legal imports in here do seem to go up in smoke.

bill, you clown, my blood pressure is the one thing that is very good. Just had it checked at the VA Hosp last Thur.
 
Posted by CHIMAN34 on :
 
Not a basher, or pumper, but yes I do have some shares and things do not look good. Of course I wish that this would work out, but doesn't look like it. No reason to sell at this point, just have to watch it fade. I put in what I could afford to lose, so no big deal.
I find this thread with you guys probably the funniest one I read. 7 or so bashers, 1 pumper. Seems like the same people are always on here, and once in a while someone peeps in and says something, like I am now.
If Legal wasn't here, not sure what you bashers would do, since there isn't anyone pumping it up.
You guys would just have to bash and discuss it among eachother, would be boring.
Legal posts, and then there goes some,
" Legal said" Legal said, Legal Said, Legal Said.
That can get very boring, Legal said this and that all day long.
Again, I find this amusing, and just felt like saying that.
We will all know one day, not too far in the future, I hope, what really becomes of this.
Good day all
 
Posted by wnycowboy on :
 
Yahoo is showing a high today of .0006. Yeah right! Like I'll ever see my sale go through at that price. IMHO
cowboy.
 
Posted by legaleagle on :
 
CHIMAN, can't ya just feel the LOVE?
 
Posted by legaleagle on :
 
quote:
Originally posted by wnycowboy:
Yahoo is showing a high today of .0006. Yeah right! Like I'll ever see my sale go through at that price. IMHO
cowboy.

Actually nine trip 6s and two trip 7s in the first half hour or so. Lots of fat fingers?
 
Posted by CHIMAN34 on :
 
legaleagle

Hee hee, funny legal. Have fun today, be strong.
 
Posted by legaleagle on :
 
quote:
Originally posted by CHIMAN34:
legaleagle

Hee hee, funny legal. Have fun today, be strong.

LONG AND STRONG CHIMAN
 
Posted by bill1352 on :
 
well its friday...even the mm's get tired of typing in all the zero's needed for cmkx trades. the question is are the mm's buying that close to .0001? or what brainless wonder is buying this...sorry legal...lol


wallace glad to hear at least 1 thing still works...lol
 
Posted by ed19363 on :
 
More good news. The JVs are dropping like a rock too. So even the divvies will be worthless by the time the restriction is lifted. It gets better and better.
 
Posted by will on :
 
ed, do really expect the restrictions to be lifted?
I don't think we will live long enough.
 
Posted by wnycowboy on :
 
quote:
Originally posted by ed19363:
More good news. The JVs are dropping like a rock too. So even the divvies will be worthless by the time the restriction is lifted. It gets better and better.

Any idea on when the restrictions are supposed to be lifted?
Cowboy
 
Posted by legaleagle on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by wnycowboy:
Yahoo is showing a high today of .0006. Yeah right! Like I'll ever see my sale go through at that price. IMHO
cowboy.

Actually nine trip 6s and two trip 7s in the first half hour or so. Lots of fat fingers?
Now three trip 8s posted. Fat Fingers or Drugs? That's at least 12 trades between .0006 and .0008
 
Posted by ed19363 on :
 
Restrictions should last one year. If that's true, and I really dont know if it is or not, should be sometime near the end of 2005. I figure October or November sometime. By then at the rate they're going, they'll all be .0001.
 
Posted by Ric on :
 
Fat finger are not people making a mistake and buying at 1000% error. If your broker doesn't get you the best buy when you place a order no matter what you out in then you need a new broker.

The fat finger is the MM entry into the "Big Tape" they have to do this manually for each buy and sell. When was the last time you left out a 0 when typing these numbers. It is very easy when your entering so many on a stock that has so many trades. To me it is amazing that it is as rare as it is. Guess thats why I don't have a job doing it or the fat fingers would drive people crazy, lol. What it does tell us is that either bid or ask is .00006 from the fat finger entry.
 
Posted by ed19363 on :
 
Ric, I dont think these trades can be real. I've had mine up for sale at .0002 for a while and it hasnt traded, so why should trades go thru at .0006 and .0008?
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
Ric, I dont think these trades can be real. I've had mine up for sale at .0002 for a while and it hasnt traded, so why should trades go thru at .0006 and .0008?

Testing the market?
 
Posted by Ric on :
 
They aren't Ed. Thats not what I said above. The sell/buy is .00006 and .00008 5th digit. It was just an error in entry to the big tape. In pinks the buy/sell and the entry to tape are two separate functions. so when you sell something at .00008 then you must manually enter that to tap and sometimes a fat inger enters the .00008 as .0008. Just a typo only.
 
Posted by legaleagle on :
 
quote:
Originally posted by legaleagle:
Maller Inc. MSNC formerly GXXL

Stone Mountain SMOHF.PK

Did a little DD this morning and found some interesting connections:

MSNC formerly GXXL


Secretary of GXXL before joining Maller, Inc.

From SOS Nevada: GLOBAL EXPLORATIONS COMPANY, INC

Robert Maheu 3523 COCHISE Las Vegas, NV


Same Maheu? Write to a Celebrity list

http://www.writetoaceleb.com/m.html

Maheu, Robert - 3523 Cochise Lane, Las Vegas, NV 89109
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by legaleagle:
Maller Inc. MSNC formerly GXXL

Stone Mountain SMOHF.PK

Did a little DD this morning and found some interesting connections:

MSNC formerly GXXL


Secretary of GXXL before joining Maller, Inc.

From SOS Nevada: GLOBAL EXPLORATIONS COMPANY, INC

Robert Maheu 3523 COCHISE Las Vegas, NV


Same Maheu? Write to a Celebrity list

http://www.writetoaceleb.com/m.html

Maheu, Robert - 3523 Cochise Lane, Las Vegas, NV 89109

Oh please Legal, it's bad enough that we have been scammed with CMKX but there are some out there who have also been scammed by GXXL. GXXL was based in the US then set up in Canada and took shareholers for millions. I suppose that CMKX and GXXL make good bed mates and it shows me nothing more than Maheu being as crooked as Urban [Big Grin]
 
Posted by glassman on :
 
insterstin' trades... more monkeyshines i guess...

LOL, watch this long enough? and you too will be able to say

"now, i've seen everything"

just like i have [Big Grin]

good luck to you longs, i hope this is a sign you can get soemthing here after all....i still won't consider buying in m'seff
 
Posted by Ric on :
 
Exactly Doc, If Mahue was with GXXL then it looks like he is more involved in scams then I thought. I thought it was his name that UC was using. Might been his understanding of scam companies.
 
Posted by wnycowboy on :
 
quote:
Originally posted by Ric:
They aren't Ed. Thats not what I said above. The sell/buy is .00006 and .00008 5th digit. It was just an error in entry to the big tape. In pinks the buy/sell and the entry to tape are two separate functions. so when you sell something at .00008 then you must manually enter that to tap and sometimes a fat inger enters the .00008 as .0008. Just a typo only.

Days range is now corrected on Yahoo - 0.0001 - 0.0001. Back to reality.
 
Posted by ed19363 on :
 
Yeah, it figures...every once in a while I put in a sale just to see what happens...I got enough of this toilet paper I can waste a few sheets now and then.....ROFL
 
Posted by Ric on :
 
Yeah, If the broker would issue certs 1 share per cert at a time you could sell it for recycled paper and probably get more money. But the broker wont do that. Apex certs are free, maybe thats why. I think selling certs on Ebay starting in July can make money if you can get it broke apart enough.
 
Posted by bill1352 on :
 
gxxl is trash & the third is suspended according to legals link but it was a canadian trading site & it did look as if it had traded so not sure. add to that CIM a POS thats private & owns a passed over many times zinc claim. can you tell how excited i am? maybe we will get lucky & everything cmkx has will get put into CIM so we can start this whole nightmare over. why the o/s would only be 100 billion or so...lol
 
Posted by ed19363 on :
 
Ric, I'm gonna pass some of the certs on to my heirs. Someday when they are old, they can remember the story about the stock scam of the 21st century.
 
Posted by GatorMan on :
 
Just talked to E*TRADE about the odd CIM entries that have been reported and I was told they removed the CUSIP and replaced it with an internal tracking number. He didn't know why and I didn't have more time to spend waiting for him to find answers. Pehaps someone else might want to call and ask why they would do this.
 
Posted by legaleagle on :
 
http://www.malers-automation.com/news2.html


--------------------------------------------------------------------------------
Malers Automation and Control Signs Strategic Alliance With Russian Partner
Oil Refineries in Eastern Europe to be Targeted

Hadera, Israel March 15, 2005 - Malers Automation and Control Ltd. ("Malers")
(OTC: GXXL.PK) today announced that it has signed a strategic partnership
agreement with Automatic Service, a privately held company located in Ryazan,
Russia.

Automatic Service is also in the automation and control business, though
they have been concentrating in different markets than Malers. The new
alliance is expected to join competencies and technological advantages in
going after much larger contracts. Malers and Automatic Service have
targeted the oil refinery industry in Eastern Europe in particular, where
significant advantages can be offered to major potential customers.
Other vertical markets will be pursued internationally, as well.

"We welcome this new alliance with Automatic Service," notes Ronen Luzon, CEO
of Malers. "They have a talented team that works well with our group,
which is key to offering greater value to our customers. As a result, we
are confident that we will successfully compete for new and larger business
opportunities."
Malers expects to sign additional strategic partnerships over the coming
year in an attempt to build the Company's international presence, leveraging
on its years of experience with industrial customers.

About Malers

Malers Automation and Control Ltd. is an Israeli systems company that
develops, manufactures, sells and maintains automation and control systems
for industrial applications. The Company produces turn-key systems that
replace labor intensive, error prone and costly manual production and
monitoring functions. Since the Company's inception in 1996, Malers' custom
designed systems have been installed in major industrial applications
worldwide. Their systems offer centralized and remote control of
complex manufacturing processes, and data collection and analysis systems.

For more information-malers-a@malers-automation.com
Please remove brackets and spaces around the "@" sign

Forward-Looking Statements

Certain statements in this news release may contain 'forward-looking'
information within the meaning of the Federal securities laws.
All statements, other than statements of fact, included in this release
may include forward-looking statements that may involve risks and
uncertainties. There can be no assurance that such statements will be
accurate and actual results and future events could differ materially
from those anticipated in such statements. The Company undertakes no
obligation to update forward-looking statements to reflect subsequently
occurring events or circumstances or to reflect unanticipated events
or developments.

Contact info


Back to News
 
Posted by legaleagle on :
 
noahltl
Diamondologist


member is online


Posts: 397
Re: MSNC, GXXL and Maheu
Reply #18 on: Today at 1:51pm

--------------------------------------------------------------------------------
Part I of the Etrade merger was so interesting, I ran some more DD on Part II, "Stone Mountain".

There is a Stone Mountain Equities LLC listed with the Nev SOS. It bears an address of 1350 E FLAMINGO RD STE 817.

That address sounded familiar, and it turns out to be the same address as our old VWay/Mirador Co. (a Vic Casavant operation); and by coincidence the same address as SGGM, while it was still a "shell".

The problem with this address is that it is a "Mail Boxes Etc." facility. And Mirador/SGGM had the same box number, while Stone Mountain has a different one.

But all very interesting.
 
Posted by bill1352 on :
 
hey legal...ya think we can lay this merger stuff to rest now??? gxxl isn't going into the mining business. stone mountain is dead just like CIM & we aren't going to get rich on zinc claims with at least over 20 billion in the o/s now. if it went public it would start trading in the sixth digit.
 
Posted by ed19363 on :
 
Hey, maybe we found oil...or should that be oilium....
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
hey legal...ya think we can lay this merger stuff to rest now??? gxxl isn't going into the mining business. stone mountain is dead just like CIM & we aren't going to get rich on zinc claims with at least over 20 billion in the o/s now. if it went public it would start trading in the sixth digit.

They look pretty much alive to me.


SMOHF Stone Mountain Hldg
(OTC)
$0.09 0.00(0.00%) R

MSNC Malers Inc
(OTC)
$0.019 0.003(18.75%) R
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
Hey, maybe we found oil...or should that be oilium....

Could be ed. Williams may have been brought in due to his involvement in "oil sands" recovery technology.
 
Posted by bill1352 on :
 
legal look at the canadian trading site YOU posted yesterday

http://tinyurl.com/b4shc


do you notice on the right side the SUSPENDED listing. its not trading in canada yet its OTC call letters have the canadian "F" at the end. in case you didn't know this but thats why it has 5 letters its a foregien company, in this case canada. now if its not trading in its home country, they suspended it something is not right. i know your head is stuck in cmkx mode but companies that get suspended are not good companies. the other company has nothing whats so ever to do with mining. they deal in automated equipment for factories & they just merged into that business. take a deep breath...shake your head real hard a few times to help clear cmkx cult brainwashing out for a moment & think ...Why would this company merge with a dead mining company & a suspended mining company?
 
Posted by legaleagle on :
 
CMKX and Casavant International now showing up on Edgar with $$$$$$ entries. Sumpins' up.


http://edgar.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingOrig1?SessionID=W2qQImmKL9SmLhL&ID=3668081
 
Posted by bill1352 on :
 
SMOHF Stone Mountain Hldg
(OTC)
$0.09 0.00(0.00%) R


check it at the OTCBB site...its dead there too


http://otcbb.com/asp/Info_Center.asp
 
Posted by bill1352 on :
 
thats a list for an investment firm & everything they hold or bought...they bought 6 million shares. it doesnt say when they bought but it says they paid $1,000 for them. & dont tell me they bought all those stocks today or even in the last month. thats a total report, there is no way of knowing when bought just says 6,000,000 worth $1K probably bought at .00016 last yr.


Institutional Investment Manager Filing this Report:

Name: BEATY HAYNES & ASSOCIATES, INC.
Address: 7475 Wisconsin Ave., #800
Bethesda, MD 20814
13F File Number: 028=05775

The Institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.

Person signing this Report on Behalf of Reporting Manager:

Name: Raymond G. McClure
Title: Treasurer
Phone: 301-718-8600
Signature, place and Date of Signing:

Raymond G. McClure Bethesda, MD May 11, 2005
 
Posted by Doctoall on :
 
Get The Check Book Out Urban [Big Grin] The SEC means business.


May 20, 2005 03:50 PM US Pacific Timezone

Diagnostic Products Corporation Announces Settlements with the SEC and DOJ

LOS ANGELES--(BUSINESS WIRE)--May 20, 2005--Diagnostic Products Corporation (NYSE:DP) (the "Company") today announced that it and its wholly owned Chinese subsidiary, DPC (Tianjin) Co. Ltd. ("DePu"), had reached agreements with, respectively, the United States Securities and Exchange Commission ("SEC") and the United States Department of Justice ("DOJ") to settle issues related to compliance with the U.S. Foreign Corrupt Practices Act ("FCPA"). The Company has agreed to make total payments of approximately $4.8 million in connection with these settlements, the same figure previously announced and accrued by the Company. This total includes a DOJ recommended fine of $2 million and payments to the SEC consisting of disgorgement of $2.04 million plus approximately $750,000 in prejudgment interest. In addition, DePu has agreed with DOJ to enter a plea of guilty to a violation of the FCPA subject to the approval of the federal court to which the matter will be assigned. As part of the settlements, the Company and DePu have agreed to maintain enhanced compliance programs which will be confirmed by an independent monitor.


The payments by DePu which gave rise to these actions were promptly and voluntarily disclosed to the SEC and DOJ by the Company as part of its voluntary and comprehensive remedial efforts after current management in the United States discovered the payments. An independent committee of the board directed the Company's investigation of these matters, and the results were promptly disclosed to the SEC staff and DOJ. The improper payments and guilty plea are limited to DePu and its activities in the Peoples Republic of China, but the Company's remedial efforts include expanded Company-wide FCPA and ethics policies and procedures.

These matters, along with their potential consequences, have previously been publicly disclosed by the Company through its SEC filings, beginning on February 14, 2003. A copy of the SEC settlement and DPC's earlier disclosures are available on the Internet at http://www.sec.gov.

Michael Ziering, the Company's chairman, commented, "The Company has taken remedial action with respect to its subsidiary's activities in China, including implementing new and updated compliance programs. Beginning with our voluntary disclosure of the facts underlying these actions to the SEC and DOJ and throughout the governmental investigations and settlement process, the Company has been fully cooperative with the DOJ and SEC. We have also made it very clear that improper activities will not be tolerated by the Company. We are relieved that this chapter in the Company's history is drawing to a close and that we can look forward to putting these matters to rest."

Diagnostic Products Corporation, founded in 1971, is the global leader dedicated primarily to immunodiagnostics. The Company designs and manufactures automated laboratory instrumentation, which provides fast, accurate results while reducing labor and reagent costs. The Company's product menu includes a large variety of immunoassays covering a broad range of clinical disease states including 360 specific allergens and allergy panels. Through partnerships with manufacturers of chemistry systems and reagents, the Company also addresses the chemistry and laboratory automation testing needs of its customers. The Company sells its products to hospitals, clinics and laboratories domestically and in more than 100 countries.

Except for the historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially. These factors include the effects of governmental and other actions; the rate of customer demand for the Company's products; the Company's ability to successfully market new and existing products; its dependence on certain suppliers; domestic and foreign government regulations; its ability to keep abreast of technological innovations and to translate them into new products; competition; political and economic instability in certain markets; including the movements of foreign currencies relative to the dollar; and other risks and uncertainties disclosed from time to time in the Company's SEC reports and filings.

Contacts


Diagnostic Products Corporation
James L. Brill, 310-645-8200
 
Posted by Highwaychild on :
 
I think CMKX needed a pr like ICAN had today.Long before the SEC threw the first punch, but after a NSS case was already started up with proof in the pudding... Bet Bill Cosby could have gotten this thing going right by now.LOL
 
Posted by bill1352 on :
 
UC should be so lucky Doc...they just had improper payments. cmkx has a very questionable stop in filing, questions in how certain ppl got shares, dilution to an amount even the judge had to say, "Did you say billions???? As in with a B???" no real mining activities or proven serious exploration activity, 15 holes is not serious & that is all thats documented so far, lost documents, missing records, no reciepts for incoming or out going cash, a CEO that pleads the 5th in court, misleading or false statements from company insiders posted in web sites & on radio interviews (UC saying head of schedule in October concerning filing, melvin screamming o/s is not 400 billion, mt. st helens & more. questionable deals for cash & or shares.

a fine??? UC should be praying he doesnt have a serious need for soap-on-a-rope...lol
 
Posted by bill1352 on :
 
saw that today highway, there are pinks on the SHO list at least 1 i know of but they are supposed to be moving off the pinks within the next week or 2...WFTV. not that getting off it does much good, ZAPZ was on it for a few weeks, got off yesterday but no change in pps.
 
Posted by Ric on :
 
Why is it that every pink sheet that starts falling apart starts yelling NSS. Even if its true sometimes, it has become a call now when they are in trouble. Why not scream it when ithe stock is not exposed as a scam. I mean ICAN, everybody bought into it because the company was going to do a spin off to a OTCBB and now all of a sudden there aren't they are going back private. And buybacks, they wont have to prove that now. Whether it happens or not they suckered people in under false statements. PRRM has diluted shares to 65 billion and a float of over 30 billion. Now after they diluted to so extreme of o/s then all of a sudden price won't move it must be NSS. It can't be the companies fault. I see the call at CNES next. They have doubled there o/s from last 10q to this one and the 10q states that they had huge loses and don;t see revenues anytime soon and will have to pay people with more convertibles and more dilute. It states that in there recent 10q yet is still dropping in price and the people that own it are saying: why is it dropping. DUH. So I believe they will be screaming NSS soon just mark my word. I would bet almost all stocks have had or may have NSS at some point in time. It is bad but these dilution king stocks that are killing there own stock pps standing up and screaming NSS will hurt the NSS issue in the long run. The boy that cried wolf. NSS needs to stop for sure. But holding scams up as there poster childs won't stop it.
 
Posted by Highwaychild on :
 
The SHO list kind of reminds me of a part of the movie Major League, when the player comes to the manager with his contract.The manager tosses it on the ground and proceeds to relieve himself on it.The SHO list gives you the WHO, but what about the WHAT,WHEN,WHY, and WHERE.
 
Posted by Wallace#1 on :
 
NOTE to WWJDThruMe (aka Debi):

I noted that you had PM'd me. Without reading it, I promptly deleted it. You should very well know I want nothing to do with you!

I don't like your ways. I don't like your methods. I don't like your pumping. I don't like your holy roller attitude. I don't like the way you deal with people with ideas different from yours. And I don't like you.

Please do not contact me in any similar way again.
 
Posted by glassman on :
 
CNES is sad, i tried to warn them politeley....the filings were all in order, all you had to do was read them......
 
Posted by Wallace#1 on :
 
Glass, you can lead a horse to water, but......
 
Posted by glassman on :
 
quote:
Originally posted by GatorMan:
Just talked to E*TRADE about the odd CIM entries that have been reported and I was told they removed the CUSIP and replaced it with an internal tracking number. He didn't know why and I didn't have more time to spend waiting for him to find answers. Pehaps someone else might want to call and ask why they would do this.

gator, i've been in a wierd trade this week with some shares being sold that shouldn'ta been sold prior to a forward split..

i saw evidence that the brokers themselves may in fact just issue the shares..it may not be MM's that are issuing all of the naked shorts....
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
NOTE to WWJDThruMe (aka Debi):

I noted that you had PM'd me. Without reading it, I promptly deleted it. You should very well know I want nothing to do with you!

I don't like your ways. I don't like your methods. I don't like your pumping. I don't like your holy roller attitude. I don't like the way you deal with people with ideas different from yours. And I don't like you.

Please do not contact me in any similar way again.

Well if this doesn't show people what kind of a man you are, then there is no hope. If you didn't read it, then you have no clue what she was trying to say. But like so many things, Wallace, you don't want to be troubled by details.
 
Posted by Wallace#1 on :
 
legal, you don't know what the fk you are talking about!

PS: And don't try to pretend you didn't encourage your deputies as well.
 
Posted by glassman on :
 
hey legal. debi, this has been a real strange trip thats for sure, but JBCAK was so abusive to wallace in particular that i requested he be banned myself....
his statements were uncivilised to say the least,
and you guys seemed to defend him.

i don't blame wallace..

forgiveness is divine tho wallace....
 
Posted by Wallace#1 on :
 
Glassman.....Thank you!
 
Posted by glassman on :
 
that's just the facts man, just the facts.... [Big Grin]
 
Posted by Peaser01 on :
 
Yep. Wallace you sure got some undeserved abuse here. That's too bad. A lot of people felt bad for ya about that garbage that went on.
 
Posted by Wallace#1 on :
 
Thank you, my Binghamton friend.

Was just up your way last week....sister's funeral.
 
Posted by Highwaychild on :
 
quote:
Originally posted by bill1352:
saw that today highway, there are pinks on the SHO list at least 1 i know of but they are supposed to be moving off the pinks within the next week or 2...WFTV. not that getting off it does much good, ZAPZ was on it for a few weeks, got off yesterday but no change in pps.

most active stocks by volume today...
1 CMKX
2 QBID
3 PRRM
4 CNES
5 ICAN
6 WFTV
7 PDSS
8 PHBT
9 QQQQ
10 MSFT


Basicly 1/2 the stocks you and Ric have been talking about.
 
Posted by will on :
 
You ready for another pick, childman?
 
Posted by bill1352 on :
 
not all that long ago wallace was the flip side of legal..mostly alone & abused. i will say us bashers are much easier on legal then a few of the cult was on wallace. & the worst of the bunch are now at CT. it shows to go ya...its not what ya say you believe its what ya do to prove you believe.
 
Posted by Wallace#1 on :
 
Amen, bill. Thanks

Nothing more true than that last sentence!
 
Posted by will on :
 
Wallace needs some abuse every so often. It keeps him ornery.
Now quit babying him, you'll mellow him and Dr. D will come back and take advantage of his good nature.
 
Posted by Highwaychild on :
 
quote:
Originally posted by will:
You ready for another pick, childman?

I SMELL BACON!LOL!
Probably Monday or Tuesday.LOL!
 
Posted by will on :
 
OK childman, I'll find a good one. I don't even play my picks, I have no idea how you pick the right ones to play. LOL
 
Posted by bill1352 on :
 
well WFTV was a freak day today. glass was talking about strange trades, about 25 million were bought today at .0017 before the first trade at a differant pps...2 sells equaling 10 million at .0016, then 10 million more at .0017 before either bid or ask moved. between the last 2 days about 50 million were bought at either .0017 or .0016. then the mm's let it run. i'm interested to see if its on the SHO monday, have a feeling it wont be. & nite wasn't involved on ask with all that buying.
 
Posted by Wallace#1 on :
 
will, my mother wore combat boots too! LOL
 
Posted by bill1352 on :
 
wallace good natured?????? are we talking about the same wallace????...lol
 
Posted by will on :
 
Then she raised you right, and kicked you around with hobnailed boots. Thats how you get hardheads to learn. You didn't turn out too bad. She'd probably still claim ya.
 
Posted by Highwaychild on :
 
quote:
Originally posted by will:
OK childman, I'll find a good one. I don't even play my picks, I have no idea how you pick the right ones to play. LOL

I just keep casting,every now and then I pull out a big one,if I don't like it, I try to throw it back before it bites me.LOL!
 
Posted by Ric on :
 
When your stock is .0001 or in cmkx's cas .00006-8 then its pretty easy to get the largest volume with little money changing hands. 1 million share only cost you $100.00 or $60 in cmkx's case. That means nothing.


quote:
Originally posted by Highwaychild:
quote:
Originally posted by bill1352:
saw that today highway, there are pinks on the SHO list at least 1 i know of but they are supposed to be moving off the pinks within the next week or 2...WFTV. not that getting off it does much good, ZAPZ was on it for a few weeks, got off yesterday but no change in pps.

most active stocks by volume today...
1 CMKX
2 QBID
3 PRRM
4 CNES
5 ICAN
6 WFTV
7 PDSS
8 PHBT
9 QQQQ
10 MSFT


Basicly 1/2 the stocks you and Ric have been talking about.


 
Posted by BuyTex on :
 
remember the cellar-box play, MMs after the 1/8 to 1/4 era *love* to walk down one to .0001--from there, .0002 is a double. If they can work .0001 to .0004, BEACH TIME! imho
 
Posted by bill1352 on :
 
well tex the mm's had nothing to do with cmkx's pps. the cult will argue that but no stock with a 703 billion o/s goes over .0001. look at qibid. the float there is about 4 billion & it has as many shareholders as cmkx almost. prrm .0001 & a 30 billion float. there is too much supply to ever create enough demand to get the pps off the floor.
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
NOTE to WWJDThruMe (aka Debi):

I noted that you had PM'd me. Without reading it, I promptly deleted it. You should very well know I want nothing to do with you!

I don't like your ways. I don't like your methods. I don't like your pumping. I don't like your holy roller attitude. I don't like the way you deal with people with ideas different from yours. And I don't like you.

Please do not contact me in any similar way again.

First, Wallace I would like to know why you felt it necessary to post what is obviously a personal problem between you and Debi, on a stock message board?

Did you feel that it would raise your esteem in the eyes of your "merry men" to beat up on a woman publicly?

I was around in the "jbcak" days. And I remember that you fired the first shot at him as well by questioning the reputation of his college. I also remember that Debi defended you and challenged him on at least two occasions. I also challenged him over his immature and vulgar posts. But don't I remember your posts to him questioning his "relationship" with his mother and sister that Bob had to delete?

Don't stand around and act the innocent victim, Wallace. You played as big a part as jb did in that debacle. Please don't make me republish that garbage to make my point.
 
Posted by Highwaychild on :
 
May 20th... CMKX 298 trades,WFTV 297,QBID 367,ICAN 116,PRRM 52
 
Posted by bill1352 on :
 
look at wftv's history highway, it really doesn't belong in that list. volume has increased this week but yesterday had a normal weeks volume all in 1 day. not saying its a great company & i do think they added some shares to the o/s but the o/s is around 300 million not billion..lol they are due out of a 90 day news blackout & were to have applied to get off pinks. this ends supposedly on the 25th. but it is a pink sheet so who knows how true any of it is. it has run to .04 twice in the last 6 months so the o/s cant be as foolish as the others in that list. i'm leaning towards the moving up to be true because pinks are not supposed to be on the SHO list.
 
Posted by Highwaychild on :
 
Oh, I wasn't implying anything Bill.WFTV isn't usually on that list,LOL.Looks like they just had a big day Fri.
Just found some good reading,this from that other board...

Hugo from Fuego Entertainment can not get this PR out on any of the news wire so he has asked me to post it on our board and if we can all post it on other boards.

Hugo is very serious about geting the word out on the "Counterfeiting of Shares" but the newswires refuse to run his PR "What happened to freedom of speech"

I will be sending this PR to our two Senators, feel free to send this to anyone or any organization that wants to help expose what is happening to our markets which to me is the Engine of America.
senna


National Counterfeit Conspiracy Days, June 6th and 7th!

As American citizens we must not allow our government to add trillions of Social Security dollars into a corrupt market!

ALL AMERICANS, please join us to have our voices heard as a United Force! We are inviting members of the AARP, investors, public companies, shareholders and everyone that is tired of having their money pilfered by thieves that, for now, appear they are Above the law!

On June 6th hundreds of investors from all over the country will conduct a protest in the Nations Capital.

'We will meet in front of the SEC building at 11:30 on June 6th and spend the rest of the day lobbying in Capital Hill, visiting with members of Congress and Senators to ask them what they are doing about cleaning up this corruption of counterfeiting scheme that has devastated our markets. America needs to know why this is being allowed to happen and when something is going to be done about it!" stated one of the organizers..After we make our UNITED VOICE heard on Capital Hill, we are headed to New York City by buss loads to make that same voice known to all the world from the hub of the financial district were cameras from all over the world have a constant eye on whats happening.

Our busses will depart Washington D.C. on June 7th at 7:30am to head to NYC. We will be protesting on Times Square at 2pm! After an afternoon on Times Square we will head back to D.C.

Counterfeiting anything of monetary value in the United States is illegal. Yet shares of stocks involving hundreds or even thousands of companies are counterfeited on a daily basis without penalty. The governing body, the Securities and Exchange Commission (SEC), states that counterfeiting stock shares (also called Naked Short Selling) is NOT necessarily against federal securities laws. This problem is many times worse than the Enron or Worldcom disasters, with as many as 7,000 businesses bankrupted and tens or hundreds of thousands of American citizens investments being destroyed. We ask, why is this crime being allowed to continue?

"This is a unique and rare opportunity for us to film the discontent of millions of Americans that for years have been the victim of this criminal and unjust act" stated Hugo Cancio who, along with Fuego Entertainment, will be producing this documentary.
The Counterfeit Conspiracy is a documentary on the crime of Naked Short Selling a group of several hundreds investors from all parts of the country will go to Washington D.C. on June 6th to protest. Everyone that wants to be a part of History and have their voice heard is invited to join us in the filming of this exciting documentary.

We need thousands of people to join us in telling AMERICA about the crimes being committed every day in our country without fear of punishment. This is about everybody in America. This crime is costing our country in many ways; jobs, retirement accounts, college fund savings, 401Ks, rising inflation and all kinds of ways that the general public is not aware of.

Stand Up America and take your country back from the criminals and terrorists. This is nothing less than Financial Terrorism that has been allowed to pilfer American citizens retirement accounts for years. We cannot allow our U.S. President to even consider the possibility of putting any funds into the corrupt market until the corruption has been cleaned up! Please visit us at www.CounterfeitConspiracy.com and sign up to be included in this history making documentary.
 
Posted by bill1352 on :
 
if you go to the sec site....

http://sec.gov/


and type in SHO list to the search engine for the site it comes up with a great deal of info & outside reports given to the SEC. reports from professors at colleges from around the country. i didn't realize just how many ppl of importance are working to fix the problem. i was just reading 1 guys model of the effect it has on the market...not good as we know. he goes into great detail explaining the hows & whys. the cost of borrowing shares, the interest paid to borrow. the main problem is in allstocks world no short selling is allowed. no OTCBB stocks can be shorted legally. to keep the market liquid there will be shorts, group runs cause shorts. the pps of a stock would be wrongly inflated by a group run if not shorted. say a company loses money, in the hole millions & has a 100 million o/s but a group hits it or good news comes out, has a day like WFTV did yesterday with daytraders & short term buyers all jumping, a normal day in pennyland on any given stock. mm's by rule must fill your order at the posted ask or bid. they can move it up but they must post both & they must honor both up to the posted amount of shares. if shares had to be borrowed for each trade the market would first freeze & second go under from the cost of borrowing. to keep this from happening naked shares have to be used but at some point they must be covered & thats the problem. us as day or short term traders could manipulate a stocks pps right from our computers. a POS company not worth .0001 could be run up to $1 without naked shorting yet a good penny company worth .50 could be run down to .0001 with it. it works both ways. its a very hard problem to solve. there needs to be a time frame & a record kept to balance the books with penalties for not covering & yet allow for the fact that a small group of ppl could cause a POS stock to be wrongly inflated in pps by buying up the o/s during a run.
 
Posted by Highwaychild on :
 
New USCA pics...
http://www.uscanadian.net/photo1.asp

USCA was on the SHO list for 58 consecutive days as from 05-09-05.

On the 9th and 10th they sure had a volume spike didn't they?They've been trading alittle bit wild since then too IMO.
 
Posted by JohnnyRotten on :
 
Quote from go to guy

quote:

If you want to do some DD, Find me a link from Roger Glenn to Robert Maheu to Urban. I'll help. Urban just lent another million to Crystalix. Kevin T Ryan heads up crystalix. Robert Maheu and Kevin T Ryan are partners in Global. Lawrence W. Casey founded Global Intelligence.
Lawrence W. Casey
1. He has had over ten years experience in working with both the United States House of Representatives and the United States Senate. While in Washington D.C
2. Appointed by both Presidents Ronald Reagan and George H.W. Bush to senior level federal posts in the Departments of Commerce and Agriculture.
3. He has also been an attorney with the U.S. Securities and Exchange Commission.
4. He founded a firm, McCary & Rood Inc., in which he was one of three partners, and had affiliated offices in Las Vegas, Nevada, New York, Washington D.C. Osaka, Japan and Shanghai, China. The firm specialized in initiating joint ventures, business enterprises and strategic alliances in the Asian market, particularly Japan and China.
5. Mr. Casey also founded the Global Intelligence Network a company based in Las Vegas, Nevada, a confidential private international business intelligence research service including corporate due diligence matters, business development, and creating global strategic alliances.
6. http://www.rnla.org/bio/BioDetail.asp?MemberID=765

McCary & Rood, (like Urban) lent money to Crystalix.

Now that we've tracked this side back pretty far, I've got to assume that when Kevin T Ryan came into the picture at Crystalix, and John Woodward (formerly of Crystalix) became president of USCA, Roger magically appeared. Since Roger is still working with USCA, and the former members of Crystalix at USCA, I'm assuming that somewhere along this chain he's tied to Lawrence W. Casey.

As an aside, William J. Casey was the director of the CIA for president Regan and his nephew is a Lawrence W. Casey.....hmmmmmm.





 
Posted by Wallace#1 on :
 
legal wrote:

"First, Wallace I would like to know why you felt it necessary to post what is obviously a personal problem between you and Debi, on a
stock message board?"

ANS: That past WAS about a stock. In case you happened to have had a lapse of memory, it was about CMKX.

legal said:

Did you feel that it would raise your esteem in the eyes of your "merry men" to beat up on a woman publicly?

ANS: I told her a long time ago that she destroyed any friendship we might have had and that I wanted nothing more to do with her. That was done privately. If telling someone what you do not like about them is beating up on them so be it! Debi will appreciate you being her hero....and I don't give a damn. Legal, you are more like a puppy dog licking at someone's heels. You, legal, certainly do your share of telling someone what you do not like and go well beyond that point.....but that's OK, huh.

legal stated:

I was around in the "jbcak" days. And I remember that you fired the first shot at him as well by questioning the reputation of his college. I also remember that Debi defended you and challenged him on at least two occasions. I also challenged him over his immature and vulgar posts. But don't I remember your posts to him questioning his "relationship" with his mother and sister that Bob had to delete?

ANS: Any so-called admonishment to JBCak was with a very soft glove and with tongue in cheek. Besides, by you and Debi ENCOURAGING your deputies, you both added fuel to the fire with your own attacks and insults.


finally, you said:

Don't stand around and act the innocent victim, Wallace. You played as big a part as jb did in that debacle. Please don't make me republish that garbage to make my point.

ANS: I really did not want to get involved with this crap again, but you obviously want to continue it.

So, do and say whatever you wish as far as republishing any of the past. Bear in mind that neither you, nor Debi, nor your deputies were innocent. As far as who said what and who started what, my memory serves me fairly well. If any of those specific threads still exist, you and Debi just might get more embarrassed by your own posts.

So go ahead and show me your Christian ethic, depth and your religious nature. Keep this schit up! Frankly, it's none of your fuking business anyway!!!

Just by shutting your mouth, legal, you can stop this here and now! Problem is, I told you that once before and you refused to listen then too.
 
Posted by legaleagle on :
 
I think you already finished it with this post.
 
Posted by bill1352 on :
 
johnnyrotten, how long have you been around cmkx? has there not been at least 9 or 10 cult theories involving somebody that knows somebody that worked with somebody & because of that some superhero was going to ride in on a white horse & slay the evil MM? not 1 of them has even come close to happening. in fact cmkx is as close to being flushed as it can be without actually going down the drain. they have yet to prove a NS is there to any huge amount. UC doesn't need 51% of the stock to have a controling vote. nobody knows how much if any he owns or any insider owns. the most they can legally own is less the 300 billion as they have list what they own. a MM is short on an OTC or pink stock every day, its almost built into the rules. to be a MM for any given stock you must post both bid & ask at all times & you must honor both if your at the top of each list. JEFF had to be even to stop being a MM for cmkx. if not he would have had to buy enough to balance the books. when you get a cult buying into a stock that has no proven value or income other then selling off chunks of its claims or selling stock & only $60K from mining its going to be shorted to some degree. but when the o/s is 703 billion it probably wont be enough to depress the pps as the pps should be below .0001. the truth is that the cult is trying to manipulate the pps of cmkx as much as MM's manipulate pps's all over the OTCBB world. they do so by trying to buy up every share out there & holding thus artifically creating a demand for a worthless company. if UC had the first ounce of brains he would have stopped diluting this POS a long time ago, as soon as he saw the cult following starting to form. he has spent more money on lawyers & crap then on exploring the claims for diamonds. had he stopped at 20 billion by now the pps would be $1 because the cult would have forced the demand to that point. he then could have diluted the piss out of it & made serious cash. instead he increased the supply to a point that no real demand could be built.
 
Posted by legaleagle on :
 
bill1352
Member


Member Rated:
posted May 22, 2005 09:58
--------------------------------------------------------------------------------
johnnyrotten, how long have you been around cmkx? has there not been at least 9 or 10 cult theories involving somebody that knows somebody that worked with somebody & because of that some superhero was going to ride in on a white horse & slay the evil MM? not 1 of them has even come close to happening.

Resp) Haven't there been just as many basher comments that Urban is a crook, Glenn is incompetent, Maheu is too old to be effective, CMKX would be revoked at the hearing, on and on. Still waiting to see your proof.

in fact cmkx is as close to being flushed as it can be without actually going down the drain.

Resp) And your source at the SEC is whom?

they have yet to prove a NS is there to any huge amount.

Resp) Jeffries: 111 billion in "failures to deliver", some over a year old.

UC doesn't need 51% of the stock to have a controling vote.

Resp) And how many shares do his relatives hold?

nobody knows how much if any he owns or any insider owns. the most they can legally own is less the 300 billion as they have list what they own.

Resp) Many people know how much he owns, just not you or me. And he doesn't intend for you to know.......yet. The question, again, is how many shares are owned by people he can depend on that do not have to report.

a MM is short on an OTC or pink stock every day, its almost built into the rules.

Resp) 111 BILLION short? For over a year?

to be a MM for any given stock you must post both bid & ask at all times & you must honor both if your at the top of each list.

Resp) So if you can't deliver, STEP DOWN, from the bid and ask.

JEFF had to be even to stop being a MM for cmkx. if not he would have had to buy enough to balance the books.

Resp) Using "restricte shares" to balance.

when you get a cult buying into a stock that has no proven value or income other then selling off chunks of its claims or selling stock & only $60K from mining its going to be shorted to some degree.

Resp) 60,000+ CULT MEMBERS ???. 5 "merry men". LOL. Links to the sell off of "valuable" claims ????
Access to financials proving that is the only revenue??? Who is shorting pinks and greys???

but when the o/s is 703 billion it probably wont be enough to depress the pps as the pps should be below .0001.

Resp) You really should change your name to bill703 because you seem to have quoted that number with every post since it came out. However, the "float" is the important issue, not the OS.

the truth is that the cult is trying to manipulate the pps of cmkx as much as MM's manipulate pps's all over the OTCBB world. they do so by trying to buy up every share out there & holding thus artifically creating a demand for a worthless company.

Resp) The 60,000+ CULT MEMBERS are buying up all of the shares, including those of the "merry men" because they see it as an undervalued opportunity for an extensive return on their money.

if UC had the first ounce of brains he would have stopped diluting this POS a long time ago, as soon as he saw the cult following starting to form.

Resp) UC incresed the AS in order to stop a hostile takeover, and to trap the naked short. It worked.

he has spent more money on lawyers & crap then on exploring the claims for diamonds.

Resp) He has spent money attempting to protect his company from outside raids and an SEC that seems bent on disrupting his business.

had he stopped at 20 billion by now the pps would be $1 because the cult would have forced the demand to that point. he then could have diluted the piss out of it & made serious cash. instead he increased the supply to a point that no real demand could be built.

Resp) Had he stopped at 20 billion, the NS would have bankrupted him and the "raiders" would have successfully taken over the holdings and the shareholders would have been completely out of the game. All IMO
 
Posted by Ric on :
 
Legal,

Resp) Jeffries: 111 billion in "failures to deliver", some over a year old.

Resp) Using "restricte shares" to balance.


Your making that up in your head. Your assumption is that Jeff lied but have no proof. Because all Jeff's letter said is it didn't get posted to tape. It never said it was a failure to deliver. Thats the cults theory. All Jeff's letter said is that it was a long sell, that it was covered, and that we didn't report it to the big tape by error. If you think he is a liar so be it but you have no proof of it. Just a theory.

Thats the cults problem they take what is said, turn it into something to benefit the company with no facts to support it just theories on how it happens. Its ok to have theories but state it as a theory not as fact. BECAUSE IT ISN"T.
 
Posted by Ric on :
 
Legal,

Resp) He has spent money attempting to protect his company from outside raids and an SEC that seems bent on disrupting his business.


That is so funny its ridiculous. The SEC has nothing better to do then to find a small pink company and disrrupt its business for no reason. That so silly. Oh right its a cover up. If it was a cover up then why bother it? This is crazy talk. The SEC went after them for breaking SEC rules and selling 703 billion illegal shares to the market.
 
Posted by Doctoall on :
 
Legal: What is all the talk about a Reverse Merger into CIM ? Just a rumor about CMKX having a R/S then a Reverse Merger into CIM [Big Grin]

Another scam or a possibility ???
 
Posted by Ric on :
 
I got to post this from another board. I think it was so funny the other day Andy said he would check into the 8-K to see if there was missing document because he says there was 200 or something like that plus pages in the report. So the longs ran with it, the SEC must have removed some paperwork, lol. Thats right, the SEC breaks the law all the time and removes companies filing, thats ridiculous. Now Andy must have check and reported that the 8-K was complete. Heres one of the biggest koolaid drinkers response.

By: abadgoodgirl
22 May 2005, 12:36 PM EDT
Msg. 958871 of 959075
Jump to msg. #
ANDY HILL YOU IGNORANT SOB!!! You're INEPT! Incompetent! Ignorant! Idiot!

Hey dumb****t, don't you go around telling people that 8K was complete you friggin incompetent, inept, ignoramous!!

WTF is wrong with your pea sized brain? [and I am being generous]

Why don't you resign? Why don't you commit yourself to an institution?

How dare you, and I mean HOW DARE YOU insult the intelligence of the CMKX shareholders???

Telling us the 8K was complete?? Where in the fukkkk is Table I? HUH? Where is it you stupid SOB?

How about Appendix A? Where the fukkk is that piece of paper?

Furthermore, where are the PAGE NUMBERS YOU RETARDED MONKEY? I have never seen a geologists report without f'in PAGE NUMBERS??

Where the f'k is the Table of Contents? Huh? You make me sick to my stomach.

The shareholders have more intelligence in their pinky toes than you have in your entire body!

Don't feed us stupid horse**** dung like the report is comlete. Cause if you think that, you are dumber than a box of rocks.

You are an abomination to the IR profession. Any other investor relations PROFESSIONAL, and you are an insult to the profession, would turn you into mince meat over trying to tell investors that that so-called "complete" 8-K is a geologist report from the world renowned William Jarvis.

You are an insult to humanity in general in my opinion. Stick a sock in it already and step down you friggin twit.
 
Posted by bill1352 on :
 
Ric i think abugirl needs to check into rehab. what a complete waste of breathing air. remember that commercial with the egg & the frying pan??? the report was missing 1 page, table 1 & from what was said in the report i wouldn't want it published if i was UC.
 
Posted by bill1352 on :
 
now on to you Legal...do i detect a growing amount of deperation in your posts? attempting to push reality back out?

Glenn was smart & ran from cmkx.

UC is either a crook or a moron...you pick & known facts give that impression. only the cult dreaming up unknown crap makes anything else possible.

the book is still out on mahoo.

family buying on insider info is illegal, its why my brother in law cant say much about his business to me. it would give me an unfair advantage in ZAPZ's stock.

in court cmkx gave the judge no reason not to close it down & a number of reasons to close it down.

see Rics post on JEFF longs & covered according to the letter, not on tape according to the letter, get proof before you call a company a liar which is what your doing. bashers have proof cmkx lied, & cmkx gave it to us more then once.

the next few can be covered together...60,000 cult members? thus your right? hmmm a few million Nazi's...guess they were right too since according to you all it takes is a group of ppl believing 1 way.

manipulation is just that no matter if its mm's or stock buyers. as for company value, it would have to be worth more then microsoft to give it enough value to move a 703 billion o/s. there is no proof anyone but the cult wanted cmkx. just because the cult thinks it has value doesn't make it true.
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
Legal,

Resp) Jeffries: 111 billion in "failures to deliver", some over a year old.

Resp) Using "restricte shares" to balance.


Your making that up in your head. Your assumption is that Jeff lied but have no proof. Because all Jeff's letter said is it didn't get posted to tape. It never said it was a failure to deliver. Thats the cults theory. All Jeff's letter said is that it was a long sell, that it was covered, and that we didn't report it to the big tape by error. If you think he is a liar so be it but you have no proof of it. Just a theory.

Thats the cults problem they take what is said, turn it into something to benefit the company with no facts to support it just theories on how it happens. Its ok to have theories but state it as a theory not as fact. BECAUSE IT ISN"T.

QUOTE FROM JEFFRIES: "The frim would like to remedy this failure to report and would appreciate NASD's guidance."


http://www.cmkxownersgroup.com/JefferiesLetter.pdf

Ric, you obviously are not reading the same letter that I am. The only transactions that were reported were those under 10 million shares. The 111 billion were all trades of 10 mil and above. Please note that they list them in the spreadsheets at the bottom of the letter.

In addition Jeffries states: "We would like to report these trades in a manner which is acceptable to you."

Now that the SEC and CMKX is "on to them", they would finally like to "fess up".
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
Legal,

Resp) He has spent money attempting to protect his company from outside raids and an SEC that seems bent on disrupting his business.


That is so funny its ridiculous. The SEC has nothing better to do then to find a small pink company and disrrupt its business for no reason. That so silly. Oh right its a cover up. If it was a cover up then why bother it? This is crazy talk. The SEC went after them for breaking SEC rules and selling 703 billion illegal shares to the market.

Oh, they have a reason Ric, like protecting their buddies at the DTCC from paying for trillions of counterfeit shares.
 
Posted by glassman on :
 
reporting isn't the same thing as settling...you guys need to study your terms...
 
Posted by legaleagle on :
 
quote:
Originally posted by Doctoall:
Legal: What is all the talk about a Reverse Merger into CIM ? Just a rumor about CMKX having a R/S then a Reverse Merger into CIM [Big Grin]

Another scam or a possibility ???

There may be a reverse merger into CIM at some point, but not until the naked short is covered by the counterfeiters. When/if we move into CIM, it will be a "clean" move.

[ May 22, 2005, 15:54: Message edited by: legaleagle ]
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
I got to post this from another board. I think it was so funny the other day Andy said he would check into the 8-K to see if there was missing document because he says there was 200 or something like that plus pages in the report. So the longs ran with it, the SEC must have removed some paperwork, lol. Thats right, the SEC breaks the law all the time and removes companies filing, thats ridiculous. Now Andy must have check and reported that the 8-K was complete. Heres one of the biggest koolaid drinkers response.

By: abadgoodgirl
22 May 2005, 12:36 PM EDT
Msg. 958871 of 959075
Jump to msg. #
ANDY HILL YOU IGNORANT SOB!!! You're INEPT! Incompetent! Ignorant! Idiot!

Hey dumb****t, don't you go around telling people that 8K was complete you friggin incompetent, inept, ignoramous!!

WTF is wrong with your pea sized brain? [and I am being generous]

Why don't you resign? Why don't you commit yourself to an institution?

How dare you, and I mean HOW DARE YOU insult the intelligence of the CMKX shareholders???

Telling us the 8K was complete?? Where in the fukkkk is Table I? HUH? Where is it you stupid SOB?

How about Appendix A? Where the fukkk is that piece of paper?

Furthermore, where are the PAGE NUMBERS YOU RETARDED MONKEY? I have never seen a geologists report without f'in PAGE NUMBERS??

Where the f'k is the Table of Contents? Huh? You make me sick to my stomach.

The shareholders have more intelligence in their pinky toes than you have in your entire body!

Don't feed us stupid horse**** dung like the report is comlete. Cause if you think that, you are dumber than a box of rocks.

You are an abomination to the IR profession. Any other investor relations PROFESSIONAL, and you are an insult to the profession, would turn you into mince meat over trying to tell investors that that so-called "complete" 8-K is a geologist report from the world renowned William Jarvis.

You are an insult to humanity in general in my opinion. Stick a sock in it already and step down you friggin twit.

Ric, "mature" longs divorced themselves from abadgoodgirl about the time she became an admin in Willy's room. The divorce was final when she wrote that letter to the Judge. She used to be an agressive researcher who would call the Pres of the US if she could have gotten through, in the pursuit of information. Something happened when she went over to Willy's. Something akin to an accidental lobotomy, if her recent "letters" can be used for a guide.
 
Posted by legaleagle on :
 
quote:
Originally posted by glassman:
reporting isn't the same thing as settling...you guys need to study your terms...

YOU CAN'T SETTLE SOMETHING THAT YOU DON'T REPORT.
 
Posted by Wallace#1 on :
 
It seems that a lot of CMKX Cult people have gone over to Willy's room. All experts in Cult Member eyes a very short time ago. I seem to remember someone reposting another of agoodbadgirl's posts very recently. Of course, that was supposed to have been a credible statement.
 
Posted by legaleagle on :
 
now on to you Legal...do i detect a growing amount of deperation in your posts? attempting to push reality back out?

Resp) If anyone is desperate here, it is the "merry men". You have no evidence to back your position. You attempt to utilize the lack of information coming from CMKX in order to support your charges against the company. There is a void of public information, for good reason. It is your motivation to utilize this vacuum for your own purposes that is suspect.

Glenn was smart & ran from cmkx.

Resp) Have you seen his letter, or spoken to him directly?

UC is either a crook or a moron...you pick & known facts give that impression. only the cult dreaming up unknown crap makes anything else possible.

Resp) He is obviously smarter than anyone here, because he is still in business, and all of you are "out".

the book is still out on mahoo.

Resp) Not for those who do DD.

family buying on insider info is illegal, its why my brother in law cant say much about his business to me. it would give me an unfair advantage in ZAPZ's stock.

Resp) Now you are making up charges of "insider trading". Where did you get that info?

in court cmkx gave the judge no reason not to close it down & a number of reasons to close it down.

Resp) Yet the judge allowed the company to go on trading and accomodated them with additional time. Hmmmm Pretty strange response by a judge, to a scam company.

see Rics post on JEFF longs & covered according to the letter, not on tape according to the letter, get proof before you call a company a liar which is what your doing. bashers have proof cmkx lied, & cmkx gave it to us more then once.

Resp) JEFF supplied adequate proof. Why do you think the SEC lawyers wanted it withdrawn from the case file after the hearing?

the next few can be covered together...60,000 cult members? thus your right? hmmm a few million Nazi's...guess they were right too since according to you all it takes is a group of ppl believing 1 way.

Resp) Now who is getting desparate? Comparing 60,000 American investors to the Nazis. Getting pretty low there bill.

manipulation is just that no matter if its mm's or stock buyers. as for company value, it would have to be worth more then microsoft to give it enough value to move a 703 billion o/s. there is no proof anyone but the cult wanted cmkx. just because the cult thinks it has value doesn't make it true.

Resp) Once again, manipulating the void of information to try to make some personal point. How do you think we were able to get 60,000 people to join a conspiracy to manipulate a stock, and yet no evidence of such a conspiracy has surfaced. However, the evidence of NS by the MM's is obvious in the Jeffries letter.
 
Posted by glassman on :
 
UC is either a crook or a moron...you pick & known facts give that impression. only the cult dreaming up unknown crap makes anything else possible.

Resp) He is obviously smarter than anyone here, because he is still in business, and all of you are "out".


LOL, he's smarter than the koolaid drinkers that support his habits that's fersure.... [Big Grin]
 
Posted by legaleagle on :
 
quote:
Originally posted by glassman:
UC is either a crook or a moron...you pick & known facts give that impression. only the cult dreaming up unknown crap makes anything else possible.

Resp) He is obviously smarter than anyone here, because he is still in business, and all of you are "out".


LOL, he's smarter than the koolaid drinkers that support his habits that's fersure.... [Big Grin]

We know about his racing and his home. I have supplied to this forum the numbers on sponsoring a race car. And the costs are less than a couple of pages of advertising in USA Today. And CMKXtreme pays the advertising on the car, not CMKX.

Do any of you know how long he leased that home from his personal business manager before he bought it from him? I haven't seen anyone here even quote the actual price that he paid for it. Each time it gets inflated. What other "habits" are you implying that you have no proof of, or DD for.
 
Posted by Ric on :
 
Legal are you crazy. Report to tape in the penny market is a separate function. All it is is reporting to tape so it shows up on the volume. Reporting to tape has nothing to do with the transaction just reporting the transaction. You can forget to post a legit transaction and all that will happen is the volume is off. It doesn't make it short. I realize this wasn't a mistake but all it effected was the volume, nothing more. You need to learn something here legal instead of making thinks up. And yes they said they settled the long sells. Give me a break here. You are wrong.
 
Posted by Ric on :
 
I started to say the same thing.


quote:
Originally posted by Wallace#1:
It seems that a lot of CMKX Cult people have gone over to Willy's room. All experts in Cult Member eyes a very short time ago. I seem to remember someone reposting another of agoodbadgirl's posts very recently. Of course, that was supposed to have been a credible statement.


 
Posted by Ric on :
 
Wrong again. You obviously don't understand something here. If I sell you 10 shares and then give you the 10 shares its settled. But if I forget to report it to the big tape then it doesn't show the sell on the volume. Its still settled just volumes off. PERIOD. Can that effect pps sure and Jeff should have but its not a short sell, its under reporting volume.

quote:
Originally posted by legaleagle:
quote:
Originally posted by glassman:
reporting isn't the same thing as settling...you guys need to study your terms...

YOU CAN'T SETTLE SOMETHING THAT YOU DON'T REPORT.

 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
It seems that a lot of CMKX Cult people have gone over to Willy's room. All experts in Cult Member eyes a very short time ago. I seem to remember someone reposting another of agoodbadgirl's posts very recently. Of course, that was supposed to have been a credible statement.

Could you name some names? Numbers that equal "a lot"? Do you visit Willy's room enough to be considered an authority on this issue? Dr. D is about the only "guru" who has ever been considered as "expert" and I don't think you want to meet up with him again. The only thing abadgoodgirl has done recently that was worthy of note was her letter to the Judge which was roundly criticized by the "longs" and had no credibility. Do you just "rant" to read yourself?
 
Posted by ed19363 on :
 
This is getting way out of hand. Nobody has any facts, just guesses. Wish UC would settle this one way or the other. Maybe the hopheads would go back into the woodwork then.
 
Posted by glassman on :
 
DrD? LOL....anybody saying buy stock in a company that keeps it records on matchbooks from the Vegas Casinos is crazy..... [Big Grin]

i wonder if they take CMK? poker chips for markers...LOL
 
Posted by legaleagle on :
 
quote:
Originally posted by glassman:
DrD? LOL....anybody saying buy stock in a company that keeps it records on matchbooks from the Vegas Casinos is crazy..... [Big Grin]

i wonder if they take CMK? poker chips for markers...LOL

Can you post a quote of Dr. D ever saying anyone should buy CMKX??
 
Posted by Wallace#1 on :
 
Yes, legal, I am very worried about Dr.Dementia. It's rather easy to bring up some of his old posts as well. I can guarantee you, he will look as ridiculous as have other cult members.
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
Yes, legal, I am very worried about Dr.Dementia. It's rather easy to bring up some of his old posts as well. I can guarantee you, he will look as ridiculous as have other cult members.

Bring it on.
 
Posted by legaleagle on :
 
NEW FRIZZELL UPDATE


FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
(903)595-1921
Fax (903)595-4383
E-Mail jmartin@cmkxownersgroup.com


Troops,

Our fax-in campaign is proceeding. I am attaching a copy of the letter that is going out
to the remaining shareholders that have not responded to our request for information.
I am pleased with the results so far. We must continue our efforts however. Feel free
to circulate this letter and the fax cover sheet to anyone you know that would be willing
to send their information to us.

Onward,

Bill

May 22, 2005


Valued Shareholder

1414 Diamond Way

Help Ur Company, Nevada


Dear Valued:


I have obtained your name from a stock information company as a possible owner of CMKX stock. Some very important legal proceedings have taken place recently which will effect the value of your CMKM Diamonds, Inc. stock. It is our understanding that the company is preparing financial reports for 2002, 2003 and 2004. The annual report normally filed by a reporting company states the number of outstanding shares. As most of you are aware there has been substantial trading activity in your stock over the last year or two. For the benefit of other shareholders and the company, this firm has agreed to contact all company shareholders of record to verify the number of actual outstanding shares that exist in CMKX stock.

I have received information from over 7,000 shareholders at the time of this letter. The number of shareholders is between 50,000 and 60,000 based on current reports. My apologies to you if you have already sent your information to this office.

We are asking that each shareholder send to us the most recent statement from their broker which evidences their present ownership in CMKX stock. Most people have sent in their March (04) or April (04) statements. If you do not receive a monthly statement, we would ask that you print out an online copy of the page showing your holdings and send it to us. Some people are asking their broker for a copy of their statement and they are forwarding the same to us. I am providing with this letter a fax cover sheet which has a space for the vital information. Writing in this information will assist us in the data entry process we have set up in this office. Please attach your statement to the fax when you forward this information to us. You may delete any information in your statement regarding other stocks or other personal information. You may also delete your account number.

This information is extremely important to the shareholders and the company. Call our office if there is any way we can assist you in this request. Please fax this information to 903-595-4249. You may want to visit the CMKX Owners Group web site

at www.cmkxownersgroup.com to learn of the recent activities in your stock. Call us if we can offer any assistance. Your help is sincerely appreciated.


Very Truly,


Bill Frizzell


305 S. Broadway, Ste # 302

Phone: (903) 595-1921

Fax: (903) 595-4383
Frizzell Law Firm


Fax

To:

From:
Bill Frizzell/ Goldie

Fax:

Date:
May 22, 2005

Phone:

Pages:


Re:

CC:


Urgent For Review Please Comment Please Reply


Thanks so much for your help in this matter. Please print the following information pertaining to your monthly brokerage statement. This fax cover sheet will allow us to enter your info in our database more efficiently but the information must be accompanied by the brokerage statement. Merely filling in this information on this sheet does not allow us to obtain evidence (your statement) as proof of outstanding stock.


Last Name: _____________

First Name: _____________

Number of Shares (with commas) _____________

Brokerage Company _________________

Cusip Number (Only if it is on your statement) __________________


Your help is so greatly appreciated. Call our office if it is necessary to clarify any of these matters.


Bill Frizzell

For the CMKX Owners Group
 
Posted by Wallace#1 on :
 
Here's just one and, since Dr.Dementia is as wordy as someone else we know well, I have edited it considerably:

DrDiamond
Just a thought while we wait...

The Company will be able to fund its drilling program from its current shareholder base.

MY NOTE: The problem here is that he did get the funding from current shareholders, but did nothing about the drilling program. That is how the outstanding got to 779 or 703 billion shares.

Just something else to weigh into your thinking of CMKX and maybe help discredit some of the bashers accusations against our leader and team members in the company. We have good things in store for us and we can only see a piece of this pie right now. I believe Urban and D. Roger Glenn are closing in on the big picture and we will have a clearer understanding in the very near future. Once the NSS position is out of the way there is clear sailing as far as I can see.

MY NOTE: Some "big picture"! Glenn is gone and accused of having done nothing. CMKX is under SEC charges. UC takes the 5th. That IS a "very clear understanding"!!!

Our Saskatchewan adventure group comprised of Urban, Roger, and all of our JV partners I believe will yield some of the true value of CMKX and give birth to future expectations and events that will continue to unfold over the next few years.

MY NOTE: It sure did give birth to some events, including those above in my note as well as other negative developments....like no records.

I believe everything is going according to plan and these oreos that are being targeted for CMKX are measuring a diametrical size and estimated volume that are humongous compared to some of the other pipes in the area.

MY NOTE: Some Master Plan! May be in for criminal prosecution! "Oreo"? Wasn't that Melvin's quote?

If we see this minimum calculation of $194 billion profit potential from 1 OREO pipe and our oreo pipes have been estimated at 100 with hundreds of other anomalies capable of producing fractionally below this Oreo then we are in great shape.

MY NOTE: This is the area where I edited a huge quantity of Dr.Dementia's numerical basterdizations (purposely misspelled) of figures since none made any sense whatsoever.

This isnt hype or a nonsensical guess at what could be for us some where in the sweet bye and bye. Our boys are standing on the site and the drill rig is throwing out some RPMs and should be boring away as I write this. I eagerly wait and aniticpate a successful core sample as we are all aware of the TDEM capabilities and I believe Roger, Urban and the team are very confident and expectations are high. News should come soon in my calculations.

MY NOTE: "In the sweet bye and bye" is la la land. That drill rig was throwing out nothing in 2004 as I remember the testimony at the hearing. The core sample produced 2 tiny micro diamonds - literally worthless. And, the team with Roger is no more!

That is just one example of Dr.Dementia's expertise and credibility from back in the Fall of 2004.
 
Posted by legaleagle on :
 
Well Wallace, I can see why you just wanted to pick out sentences that you could use out of context to promote your twisted opinions. Since this was a very good and informative that you have brought back to the board, I think it is important for members here to see the whole post. And thanks for reminding us of what the good Dr. had to say, in toto.


DrDiamond
Just a thought while we wait...
Thread started on: Today at 3:23pm
--------------------------------------------------------------------------------
Just a thought while we wait. We have some hard evidence that can help us understand some of the possibilities and impossibilities with CMKX and it shares.
Many have been thinking that our high daily volume is due to the insiders selling off their shares and that this is crippling the PPS. If any selling is taking place by the insiders anywhere it is more than likely naked short shares that are beeing traded because the PR of Feb 2003 tells us that all insider shares are restricted shares with a 2 year restriction placed upon them.
The restrictions on those shares will not expire, if my calculations are correct based upon the reorganization of CMKI, until Jan 2005. This could also be why Urbans 40 billion he kicked in were restricted and remained restricted as they were given to Nevada Minerals.
Usually a company follows a policy of issuing shares to insiders and once that policy is set it rarely changes. I mention this becaue it seems that Urbans way of doing business early on with shares also carried with it a restriction on those shares and it seems to be a 2 year restriction and not a 1 year. This could very well mean that none of those shares entering the market place are from our legitimate insiders O/S as restrictions would still be in place on these, but rather are illegal naked short shares flooding the market place.
http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_Feb_24/ai_98002954
LAS VEGAS--(BUSINESS WIRE)--Feb. 24, 2003
Shares: all insiders have restricted stock. Shares for the Canadian Claims are restricted. Shares for the Survey and Drilling Fund are restricted. All share positions were disclosed on the 14c filed recently, and prior to that the audited financial statements. Al restricted shares are for 2 years pursuant to Rule 144.
I found this very interesting that in Feb 24, 2003 we have a PR from CMKX stating that:
1. ALL INSIDERS HAVE RESTRICTED STOCK.
2. Shares for all Canadian Claims are restricted shares
3. Shares for the drilling and Survey fund are restricted
4. All restricted shares are for 2 years Meaning there was a 2 year restriction placed on
all restricted shares.

Also many have wondered why we think that CMKX has a naked short problem. Here are two PRs released nearly18 months ago indicating that they had a naked short position way back then on the stock. One of them calls it a professional trading positions to be eradicated and the other one calls it an aggressive shorting of the stock. These are two very clear indicators on how long this shorting has been going on and I would say the NSS position is quite high, possibly a trillion or more due to the high volume even with the dividends coming. Compared to the volume percentages of other companies CMKX has a very high NSS position more than likely 2 to 3 times our entire O/S.
http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_Feb_7/ai_97318609
LAS VEGAS--(BUSINESS WIRE)--Feb. 6, 2003
The Company believes that its current stock price reflects aggressive shorting of its stock. The Company will be able to fund its drilling program from its current shareholder base.
http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_Feb_24/ai_98002954
LAS VEGAS--(BUSINESS WIRE)--Feb. 24, 2003
There is no guarantee, however, that this proposed transaction will be consummated, although it is anticipated and welcomed by the Board to identify actual shareholders of the corporation and also to eradicate any professional trading positions that may exist at this time in the Company's stock.
Shares: all insiders have restricted stock. Shares for the Canadian Claims are restricted. Shares for the Survey and Drilling Fund are restricted. All share positions were disclosed on the 14c filed recently, and prior to that the audited financial statements. Al restricted shares are for 2 years pursuant to Rule 144.
Just something else to weigh into your thinking of CMKX and maybe help discredit some of the bashers accusations against our leader and team members in the company. We have good things in store for us and we can only see a piece of this pie right now. I believe Urban and D. Roger Glenn are closing in on the big picture and we will have a clearer understanding in the very near future. Once the NSS position is out of the way there is clear sailing as far as I can see.
Our Saskatchewan adventure group comprised of Urban, Roger, and all of our JV partners I believe will yield some of the true value of CMKX and give birth to future expectations and events that will continue to unfold over the next few years. I believe everything is going according to plan and these oreos that are being targeted for CMKX are measuring a diametrical size and estimated volume that are humongous compared to some of the other pipes in the area.
We have a great infratructure in the area and the est revenue generated by one oreo with a diameter of 2 miles as we have seen can be in excess of $400 to $600 billion dollars gross. The est cost for removing the minerals is $10.50 per ton, but this is without any kind of infrastructure calculated in. We know we have a very good infrastructure in place around some of these cookies, such as the one we are working on this week so the cost per ton would be reduced by at least 25% in my estimations. The est cost of recovering these minerals would be $10.5 billion per 1 billion tons of kimberlite. And if you calculate a 25% reduction for infrastructure in place then the cost would drop to $7.875 billion per 1 billion tons of kimberlite.
We could be looking at 16 billion tons of kimberlite in an Oreo Pipe with a 2 mile diameter and the cost could be calculated as being
$168 billion dollars = $10.5 per ton X 16 billion tons
$126 billion dollars = $7.875 (with infrastructure in place) per ton X 16 billion tons
$22.625 billion dollars est revenue for carat per ton of kimberlite recovered per each 1 billion tons of kimberlite recovered with an average carat price being $100 where the higher quality diamonds are est to be near $200 per carat or more. The size of the diamonds also moves the value of each up exponentially and usually the value increases 4 times per carat size.
This means a 1 carat diamond in the rough could be worth $100 - $200
But a 2 carat diamond in the rough could be worth upwards of $400 - $800
And a 3 carat diamond in the rough could be worth upwards of $1600 - $3200.
Etc This is very much within the bounds of expectation for the Fort a la Corne area.
So the values could become multiplied many times over depending on the size of the
diamonds.
We are talking 16 billion tons of kimberlite in an Oreo of this size so we have to multiply the est 1 billion tons value of $22.625 billion dollars by 16.
$22.625 X 16 = $362 billion dollars (Plus any multiples because of diamond sizes)
subtract the recovery cost based on the $10.50 per ton removal and we see
$362 billion - $168 billion = $194 billion profit after costs.
This is not counting any other minerals in the pipe that can be processed and income generated on them are just an additional bonus to the profit after costs.
If we see this minimum calculation of $194 billion profit potential from 1 OREO pipe and our oreo pipes have been estimated at 100 with hundreds of other anomalies capable of producing fractionally below this Oreo then we are in great shape.
$194 billion X 10 Oreos = $1.94 Trillion dollars profit after cost
If we use the 25% infrastructure cost reduction percenatge we get:
$362 billion dollars - $126 billion dollars = $236 billion dollars and 10 Oreo pipes would bring $2.36 Trillion dollars.
Take the Net profit from 1 Oreo pipe of $194 billion dollars and break that down by a 500 billion possible O/S or A/S and you get a potential 38.8 cent cash dividend per share with hundreds more witing in the wings plus other minerals that we know are present and capable of generating additional income into any potential cash dividend that may be coming from these Oreos. Plus this will add true value to the company and the shares and our PPS would go out of sight in my opinion.
This isnt hype or a nonsensical guess at what could be for us some where in the sweet bye and bye. Our boys are standing on the site and the drill rig is throwing out some RPMs and should be boring away as I write this. I eagerly wait and aniticpate a successful core sample as we are all aware of the TDEM capabilities and I believe Roger, Urban and the team are very confident and expectations are high. News should come soon in my calculations.
These are just my opinions and I ask that you treat them as such.
Success is ours.
Dr.D
 
Posted by bill1352 on :
 
copied from wallaces report of dr d


If we see this minimum calculation of $194 billion profit potential from 1 OREO pipe and our oreo pipes have been estimated at 100 with hundreds of other anomalies capable of producing fractionally below this Oreo then we are in great shape.


these 100's of anomalies were said to be found from the goldtec fly over. not according to the report out, the 8K there were 16 & not all of them were for sure targets. he said ground investigation was the next step. see Legal i guess its things like this that gives us basher faith in the fact we are right. but then we tend to use first grade math not cmkx cult math. a quick refresher...100 is a much larger number then 16 in fact its 84 numbers higher or 5 times higher. & no i wont explain multiplation to you get a first grade math book & read.
 
Posted by Ric on :
 
Sorta like 689 is a lot larger then under 300. And 779 billion is a lot larger then under 400 billion.

I think its a must that you can't do math to be involved with this stock

[ May 22, 2005, 21:13: Message edited by: Ric ]
 
Posted by legaleagle on :
 
Bill, no offense, but I think I would rather believe the company's PR, until we hve the full valuation and geologist's report.


6/24/2004 : Thursday June 24, 10:39 pm ET

LAS VEGAS--(BUSINESS WIRE)--June 24, 2004--CMKM Diamonds, Inc. (Pink Sheets:CMKX - News) announced today it has just received preliminary results from the airborne magnetic survey recently completed by Goldak Airborne Surveys of Saskatoon, Saskatchewan. The survey was conducted during April, May and June 2004 using Goldak's Navaho aircraft equipped with a trimaxial magnetic gradiometer.

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

quote:
Originally posted by bill1352:
copied from wallaces report of dr d


If we see this minimum calculation of $194 billion profit potential from 1 OREO pipe and our oreo pipes have been estimated at 100 with hundreds of other anomalies capable of producing fractionally below this Oreo then we are in great shape.


these 100's of anomalies were said to be found from the goldtec fly over. not according to the report out, the 8K there were 16 & not all of them were for sure targets. he said ground investigation was the next step. see Legal i guess its things like this that gives us basher faith in the fact we are right. but then we tend to use first grade math not cmkx cult math. a quick refresher...100 is a much larger number then 16 in fact its 84 numbers higher or 5 times higher. & no i wont explain multiplation to you get a first grade math book & read.


 
Posted by Doctoall on :
 
legaleagle
Member


Member Rated:
posted May 22, 2005 21:29
--------------------------------------------------------------------------------
Bill, no offense, but I think I would rather believe the company's PR, until we hve the full valuation and geologist's report.


6/24/2004 : Thursday June 24, 10:39 pm ET

LAS VEGAS--(BUSINESS WIRE)--June 24, 2004--CMKM Diamonds, Inc. (Pink Sheets:CMKX - News) announced today it has just received preliminary results from the airborne magnetic survey recently completed by Goldak Airborne Surveys of Saskatoon, Saskatchewan. The survey was conducted during April, May and June 2004 using Goldak's Navaho aircraft equipped with a trimaxial magnetic gradiometer.

By employing this modern, state of the art geophysical equipment and flying a low-level, closely spaced survey, hundreds of magnetic anomalies were able to be identified


[Big Grin] Kinda Reminds me of One Flew Over The Cookoos Nest, Urban et al (Dr Dementia, Sterling) sitting in the nest of empty eggs [Big Grin] I think the pilot was lost on his bearings and was actually over the Debeers property.
 
Posted by Wallace#1 on :
 
Hey, man, nothing was taken out of context. I just deleted a bunch more of BS with numbers that meant absolutely nothing.

Here's another good one that I think Jarvis just disproved, huh:

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


Well, maybe not about the consultants part.
 
Posted by legaleagle on :
 
So, you are expanding your bashing to an unrelated pilot now. You are just a very unhappy person aren't you Doc? Just about all of your posts relate to mental illness. Coincidence?
 
Posted by Wallace#1 on :
 
Here's another of Dr.Dementia's that noahltl reposted:

And this on another board from Dr. Diamond makes a good read:
I think we are beyond the point of needing to convince people of what I am going to call the CMKX ADVANTAGE!

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Thanks in advance for your replies!

Dr.D

SEE HOW EASILY WE BASHERS CAN RIP THIS ONE APART? NO PROBLEM WHATSOEVER! GO TO IT GUYS!!!
 
Posted by bill1352 on :
 
Bill, no offense, but I think I would rather believe the company's PR, until we hve the full valuation and geologist's report.


do i need to post the 8K legal??? it was a report on that fly over or do we not only make up our own math but also our own language. does the goldtec fly over mean 1 thing in old prs &^ another in 8K's? 16 was the number in the 8K. but then since cmkx has the SEC over a barrel its ok if they lie in a little old 8K, no big deal.
 
Posted by Wallace#1 on :
 
Among my favorites and the most laughable to me are the following:

5. We have Urban and his staff of geologists that are some of the best in the world reading and interpreting the scientific data advantage

NOTE: huh? No records Urban? What staff? How many does he need?

6. We have a PPS that is way undervalued at .0005 and is bound to increase to an investors advantage

NOTE: It sure did, huh? Below .0001 now.

7. We have already made our intentions known to become fully reporting and transparent to move up to a more reputable exchange and we know this to our advantage

NOTE: What is it they say about good "intentions"? Transparent by taking the 5th?

8. Steps have already been taken and confirmed that what we are hearing in the ACTUAL PR's from the company is exactly what we are doing to our advantage

NOTE: Duuuhhhhhh! No sense to the statement.

9. We have millions and millions of shares already in the bank at a very low PPS giving us an advantage over anyone else coming in after us

NOTE: Millions? Compared to almost 800 billion?

The CMKX ADVANTAGE is a reality, a very real opportunity, and not just a dream! It is definitely not a lottery ticket!

NOTE: HYPE!!!!

As a matter of fact one could actually say that a guarantee in CMKX is inferred by a non-existent implication.

SPECIAL NOTE: Figure that sentence out will you?
This might be the dumbest of all! A guarantee "inferred by a non-existent implication"? LMAO!!!! Ghostlike, huh!!!

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

NOTE: I think Melvin might really have been dunking for apples!

This is not guess work this is reported and confirmed fact from the region! I used to drive to Pennsylvania to hunt deer because they were so plentious!

SPECIAL NOTE: He was probably one of those SOBs I shot near a couple of times for cutting the barbed wire fences that kept in the cows. Just too damn lazy to climb over or through!

The rabbit is out of the hat and if others can't see it then it is because they don't or won't see it!

ANOTHER SPECIAL NOTE: They should be after diamonds, not rabbits!

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

NOTE: Yeah, the O/S and financials mean little, park your hope elsewhere!

[ May 22, 2005, 22:31: Message edited by: Wallace#1 ]
 
Posted by bill1352 on :
 
legal go back & read page 5 of the 8K the guy cmkx hired to go over everything names Phil Robertshaw, geophysicist as examining the date from the pr you posted & i quote "Mr. Robertshaw provided listing 16 magnetic anomalies he selected from the Goldak survey." oh wait i get it that hostile takeover group paid him off to lie on the report. they got the money from citigroup who of course wants cmkx to go under & thus save their bacon on the NS. i bet the CIA & the FBI have all this on tape too since mahoo & a few other have them in their pockets, good old boy network & all.
 
Posted by Wallace#1 on :
 
Figured I'd add notes to all the above great laughs!

Yeah, legal, really worried about your hero Dr.Dementia!!
 
Posted by bill1352 on :
 
It is like Melvin said, with CMKX and our search for diamonds used to be like fishing for fish in an ocean (or lake) and now we are fishing in a barrel. Have you ever fished in a barrel? I have, and the fishing is great!

NOTE: I think Melvin might really have been dunking for apples...........in a barrel of whiskey
 
Posted by Wallace#1 on :
 
How about a barrel of horseschit laced with whiskey or koolaide?

Hey, maybe that was Dr.Dementia fishing or dunking in that barrel and not Melvin!
 
Posted by BuyTex on :
 
quote:
Originally posted by Wallace#1:
How about a barrel of horseschit laced with whiskey or koolaide?

Hey, maybe that was Dr.Dementia fishing or dunking in that barrel and not Melvin!

Dr Dementia---whooooooooahhh---"Another one rides the bus!" funny

sorry, don't mean to jack with your thread, but that was funny. I love the Doc....
 
Posted by Wallace#1 on :
 
Always welcome BuyTex. It is necessary to try to keep something as sad as CMKX on as light a side as possible. Of course, the protagonists (aka Cult Members), UC et all make that rather easily accomplished.
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
So, you are expanding your bashing to an unrelated pilot now. You are just a very unhappy person aren't you Doc? Just about all of your posts relate to mental illness. Coincidence?

I am just trying to get a point accross to you, Legal its never to late for you to get some help to get back to reality. I work with a Geriatric Population and I see success every day, man it is really not to late for you. Legal I am a very happy person, its you that worries me, when you finally get a grip that CMKX is a scam, will you find the help that you need? Legal just let it go, there will be life after CMKX, trust me [Big Grin]
 
Posted by ed19363 on :
 
Thanks so much for your help in this matter. Please print the following information pertaining to your monthly brokerage statement. This fax cover sheet will allow us to enter your info in our database more efficiently but the information must be accompanied by the brokerage statement. Merely filling in this information on this sheet does not allow us to obtain evidence (your statement) as proof of outstanding stock.


Last Name: _____________

First Name: _____________

Number of Shares (with commas) _____________

Brokerage Company _________________

Cusip Number (Only if it is on your statement) __________________


Your help is so greatly appreciated. Call our office if it is necessary to clarify any of these matters.


Bill Frizzell


I'm not sending chit!!! If UC kept accurate records you could prove anything you want. A shareholder shouldnt have to bail the company out of trouble. It's the CEO's job to make sure the company never GETS in trouble in the first place. So if UC is so damned incompetent that he cant tell you this info, you aint getting it from me. Maybe I'll give you a clue once I see a filing and share structure.
 
Posted by DiQuiRiesco on :
 
quote:
Originally posted by glassman:
UC is either a crook or a moron...you pick & known facts give that impression. only the cult dreaming up unknown crap makes anything else possible.

Resp) He is obviously smarter than anyone here, because he is still in business, and all of you are "out".


LOL, he's smarter than the koolaid drinkers that support his habits that's fersure.... [Big Grin]

Glass, you really are adopting the local dialect... lol
 
Posted by glassman on :
 
hehe, DQR, ah was BORN a rebel....it just took me awhall tu git back tu ma roots...


down in dixie, on a sunday mornin' with one foot in the grave, and one foot on the pedal... [Big Grin]
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
Bill, no offense, but I think I would rather believe the company's PR, until we hve the full valuation and geologist's report.


do i need to post the 8K legal??? it was a report on that fly over or do we not only make up our own math but also our own language. does the goldtec fly over mean 1 thing in old prs &^ another in 8K's? 16 was the number in the 8K. but then since cmkx has the SEC over a barrel its ok if they lie in a little old 8K, no big deal.

Bill, I believe I answered in a previous post ....025 Sask Ltd.,is only one of many holdings up there. This incomplete report was only about 025.
 
Posted by bill1352 on :
 
what i'm pointing out legal is the lie in this pr. the 8K covered this pr period. i do agree its only a part of the total claims but when a compan says a survey found hundreds & then months later in an 8K its 16 there is a serious honest problem. something like 300 shareholders when it was 689 but then the cult thinks millions & billions are just about the same thing anyway.


LAS VEGAS--(BUSINESS WIRE)--June 24, 2004--CMKM Diamonds, Inc. (Pink Sheets:CMKX - News) announced today it has just received preliminary results from the airborne magnetic survey recently completed by Goldak Airborne Surveys of Saskatoon, Saskatchewan. The survey was conducted during April, May and June 2004 using Goldak's Navaho aircraft equipped with a trimaxial magnetic gradiometer.

By employing this modern, state of the art geophysical equipment and flying a low-level, closely spaced survey, hundreds of magnetic anomalies were able to be identified
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
what i'm pointing out legal is the lie in this pr. the 8K covered this pr period. i do agree its only a part of the total claims but when a compan says a survey found hundreds & then months later in an 8K its 16 there is a serious honest problem. something like 300 shareholders when it was 689 but then the cult thinks millions & billions are just about the same thing anyway.


LAS VEGAS--(BUSINESS WIRE)--June 24, 2004--CMKM Diamonds, Inc. (Pink Sheets:CMKX - News) announced today it has just received preliminary results from the airborne magnetic survey recently completed by Goldak Airborne Surveys of Saskatoon, Saskatchewan. The survey was conducted during April, May and June 2004 using Goldak's Navaho aircraft equipped with a trimaxial magnetic gradiometer.

By employing this modern, state of the art geophysical equipment and flying a low-level, closely spaced survey, hundreds of magnetic anomalies were able to be identified

bill, it still doesn't say that it was limited to 025 Sask. It doesn't even say that 025 was included in this survey. It's possible that 025 was done later. We just don't know.
 
Posted by CHIMAN34 on :
 
ed19363 . I agree, nobody has any facts and all this is just peoples opinions. When we see it in a PR then believe it.
Why can't people just wait till the judge rules.
Most here are cult, as in cult bashers. People get sick and tired of most of you.
 
Posted by CHIMAN34 on :
 
Wallace. Legal is right. If you are going to posts what someone said, please post the whole thing, not just what you wanted picked out and twist words. You did do this to Dr. Ds post.
Wait till the judge rules people.
 
Posted by CHIMAN34 on :
 
StockGate: DTCC Unit Receives Immunity For Willful Misconduct, Securities Violations / FinancialWire

May 23, 2005 (FinancialWire) In a blockbuster event almost equal to the mysterious postponement of the announced expose of the Depository Trust and Clearing Corp. by General Electrics (NYSE: GE) Dateline NBC, the U.S. Securities and Exchange Commission has inexplicably given the DTCs National Securities Clearing Corp. a immunity in the form of limited liability for willful misconduct or violations of Federal securities laws.

The event also ranks near the grandfathering of liability to market manipulators and other lawbreakers before Regulation SHO, which has exposed serious settlement failures for such companies as Delta Air Lines (NYSE: DAL) and General Motors (NYSE: GM), and even the NASDAQ-100 (NASDAQ: QQQQ).

The Notice regarding the SECs action is at http://www.nscc.com/impnot/notices/notice2005/a6029.pdf

These and other events, including the proposed nomination of Director of Market Regulation Annette Nazareth, who has characterized opponents of illegal market manipulation as people who just want their stock to go up, to become a Commissioner, is providing more and more fodder for the organizers of public demonstrations and lobbying in Washington June 6 and in New York June 7. The organizers, who are filming a documentary, say demonstrators now number over 600.

Some legal experts are questioning whether the SEC, without the approval of Congress, has the authority to limit the NSCCs liability. There have been similar questions about the SECs authority to unilaterally grandfather securities violations prior to Regulation SHO.

The new regulation is sure to be litigated since the DTCC and the NSCC were the subject of lawsuits claiming their stock borrow program is illegal counterfeiting, prior to the rule approval by the SEC.

The DTCC has also admitted to interfering with the media in impacting the distribution of FinancialWire on Yahoo (NASDAQ: YHOO) and elsewhere through malicious interactions with Investors Business Daily. The Important Notice from the DTCC regarding the NSCC demonstrates that the entities are a self-regulatory organization under the auspices of the SEC, which ramps up the media interference to First Amendment violations. FinancialWires counsel, Marshal Shichtman, Esq., is returning to the U.S. today and will be reviewing the new evidence.

The DTCC said that the approved changes create a uniform standard limiting NSCCs liability to direct losses caused by the NSCCs gross negligence, willful misconduct, or violation of Federal securities laws for which there is a private right of action.

In addition, the organization stated, the changes memorialize an appropriate commercial standard of care that will protect NSCC for undue liability, permit the resources of NSCC to be appropriately utilized for promoting the accurate clearance and settlement of securities, and are consistent with similar rules adopted by other self-regulatory organizations and approved by the Commission.

The DTCC had asked for the rule December 8, 2004. It is not known how the proposed rule slipped through the cracks on the public and Congressional levels prior to the approval.

The National Coalition Against Naked Shorting stated that the action was sought and approved hastily because they have been willfully violating securities laws for years, know that it will come out in court, and want to have a piece of paper to fall back on, adding that it corroborates the theory that the stock borrow program violates a host of securities laws, that the NSCC knows it, and that they have been counterfeiting stock for years and just now are starting to catch on to the idea that they will get caught.

Nazareth was quoted in February in the New York Times (NYSE:NYT) as doubting that threshold companies such as Overstock (NASDAQ: OSTK), Martha Stewart Living (NYSE: MSO) or Novastar Financial (NYSE: NFI) were being manipulated, and that victims of illegal naked short sales are simply people who want their stocks to go up.

She said those who complain of their losses to illegal trading activity have an attitude that its a criminal conspiracy when stocks move the wrong way, and the government should do something about it.

What is criminal, said one who believes Nazareths appointment, so far championed by U.S. Senators Charles Schumer (D-NY) and Harry Reid (D-NV), would be disastrous for small investors who someday expect justice and a fair playing field in the markets, is that someone could be in a position of authority at all with this kind of anti-investor attitude.

National Counterfeit Conspiracy Days are scheduled in Washington, DC on June 6, and in New York City June 7 by a group planning a film to highlight the national financial scandal known as StockGate. Its website is http://www.counterfeitconspiracy.com

The film project, said to be a Michael Moore-type docudrama, is planned by Fuego Entertainment of Miami.

The group is organizing the citizen lobbying effort June 6, beginning at 11:30 a.m., in front of the U.S. Securities and Exchange Commission building, followed by lobbying on Capitol Hill.

After we make our United Voice heard on Capitol Hill, we are headed to New York City by busloads to make that same voice known to all the world from the hub of the financial district where cameras from all over the world have a constant eye on whats happening, the organizers stated.

Our busses will depart Washington D.C. on June 7th at 7:30am to head to NYC. We will be protesting on Times Square at 2 p.m. After an afternoon on Times Square we will head back to D.C.

In other recent StockGate developments, Senator Richard Durbin has joined Senator Robert Bennett in complaining about the ineffectiveness of Regulation SHO, and a Global Links (OTC: GLKC) shareholder, Dennis Smith, was told in an email by Wells Fargo (NYSE: WFC) that it can not provide delivery of Global Links certificates because it and E*Trade Group (NYSE: ET) are hopelessly short. And the individual who started the controversy, Robert Simpson, has said he has also been unable to get delivery from Oppenheimer Holdings (NYSE: OPY).

In his communication to SEC Chair William Donaldson, Sen. Durbin also contested the claim by the Depository Trust and Clearing Corp., a unit ot the New York Stock Exchange and NASD, that it has no responsibilities under Regulation SHO.

Senator Durbins letter to Donaldson appears to sharply contest the Depository Trust & Clearing Corp.s contention that it has no role in Regulation SHO.

I am writing to request information regarding the June 23, 2004 Securities and Exchange Commission (SEC) short sale regulation, designated Regulation SHO. On March 9, 2005, the Senate Committee on Banking, Housing, and Urban Affairs held a hearing on Regulation SHO, in which Chairman Bennett spoke with you about the regulations effects on the illegal practice of naked short selling. I thank you for your testimony and I hope that you can follow up on some of my concerns not fully addressed by the Banking Committee hearings.

I appreciate the efforts of the Securities and Exchange Commission (SEC) to control abusive short selling practices. As a result of Regulation SHO, the names of firms with large amounts of unsettled shares are published on the Threshold Security List daily. This list assists individual investors in making informed decisions about potential manipulation of the market, and gives regulators and investigators a centralized list of firms with significant numbers of undelivered shares. However, it has come to my attention that Regulation SHO may not be curtailing abusive naked short selling practices.

Several of my constituents have contacted me since the SEC introduces Regulation SHO. They have raised concerns about potential loopholes in settlement regulations. During your recent testimony before the Banking Committee, Chairman Bennett asked you about the ability of brokerage houses to shuttle unsettled shares every 13 days in order to avoid settling the borrowed shorted shares. Due to time constraints at the hearing, the committee did not receive a complete answer. This issue is worthy of a full response.

Additionally, my constituents have expressed concern about SEC enforcement of Regulation SHO. While the Threshold Security List publicizes securities that might have been manipulated, I am concerned that some securities repeatedly appear on the list. What steps is the SEC taking to investigate trading practices that result in vast quantities of unsettled shares, and to punish those people who violate SEC naked short selling regulations? What is the SEC doing to ensure that the Depository Trust & Clearing Corporation (DTCC) is complying with Regulation SHO, and what actions does the SEC undertake when the DTCC identifies large quantities of shares that have not been delivered?

It is important that the SEC identify abuses and prevent manipulative naked short selling practices that undermine faith in the market. Thank you for your attention to this matter. I look forward to your timely response, Senator Durbin concluded.
 
Posted by bill1352 on :
 
whats the differance between a pr & rumor? the cult doesn't believe prs, filings, court testimony. if anything is negative they say it was hacked or the real truth was held back on purpose. for proof see above exchange between legal & myself. a pr & filing state the same survey but we dont know for sure its the same survey or if its the complete survey report. the fact that the guy doing the 8k names the survey, names the guy that looked at the survey, nothing said like he looked at part of the survey, yet we dont know for sure...bricks could fall on the cults heads, they could be lying in a pile of those same bricks & they would say it might not be bricks & that might not be our blood on the ground. it might be ketchup & they might be fake bricks.
 
Posted by bill1352 on :
 
for the NSS freaks here is a site that has no ties to cmkx dedicated to the problem. GM & ford's are on the list. it covers pinks too. by the way...cmkx is not on it.


http://www.buyins.net/
 
Posted by Wallace#1 on :
 
bill, that is a very good site. One worth keeping on "Favorites". Thanks.
 
Posted by ed19363 on :
 
Using reverse spin for the cult members.
CMKX is not on that list.
Therefore CMKX is not shorted !!!
Voila !! We have found a solution.
 
Posted by legaleagle on :
 
********** has one goal: to even the playing field between institutional shorts and shareholders who have purchased bonafide ownership positions in US companies.


Not sure any of us own "bonafide" ownership positions. Looks like all are counterfeit.
 
Posted by legaleagle on :
 
WOW, Allstocks even blocking website names now. What are they afraid of???
 
Posted by Wallace#1 on :
 
legal wrote: "Not sure any of us own "bonafide" ownership positions. Looks like all are counterfeit."

legal, I suggested that as a possibility a long time ago -- assuming a large NSS situation. All of you disagreed with me then. What has changed in your mind? And, if you have no "bonafide" ownership positions in the stock, you have no "bonafide" positions in the dividends as well.

However, relax. There probably is no NSS situation to cause alarm. CMKX is not on the SHO list, the SEC said at the hearing they believe it is not NS and one of your cult members (in a post back last year) said that
E-Trade told him (even then) the SEC was "all over CMKX". I would guess that means they were watching it extremely closely....which would have included naked short selling.
 
Posted by bill1352 on :
 
allstocks has always blocks web sites that are not links legal...nothing new...dont get allstock tied into your conspiracy theory's...lol
 
Posted by xyz on :
 
I bet if you ask the board that most everyone would think this is a scam and that the ones that pump this are the ones they are sick and tired of. I noticed that the scam JRSE was posted again today and the scams like this keep being popped up by pumpers to scam others into these POS. People get sick and tired of most of you that pump this crap. If you were suckered into these scam, it doesn't make it right for you to sucker others into it. People that would promote this are low IMO because it is what it is, a scam. If you can't recognize that then you shouldn't be investing.

quote:
Originally posted by CHIMAN34:
ed19363 . I agree, nobody has any facts and all this is just peoples opinions. When we see it in a PR then believe it.
Why can't people just wait till the judge rules.
Most here are cult, as in cult bashers. People get sick and tired of most of you.


 
Posted by legaleagle on :
 
legal wrote: "Not sure any of us own "bonafide" ownership positions. Looks like all are counterfeit."

legal, I suggested that as a possibility a long time ago -- assuming a large NSS situation. All of you disagreed with me then. What has changed in your mind? And, if you have no "bonafide" ownership positions in the stock, you have no "bonafide" positions in the dividends as well.

Resp) What has changed is that our attorney has investigated and compiled information and has announced to the SEC judge that we are shorted into the trillions.

However, relax. There probably is no NSS situation to cause alarm. CMKX is not on the SHO list, the SEC said at the hearing they believe it is not NS and one of your cult members (in a post back last year) said that
E-Trade told him (even then) the SEC was "all over CMKX". I would guess that means they were watching it extremely closely....which would have included naked short selling.

Resp) Is this the Etrade that is announcing a merger with USCA; while simultaneously announcing a three-way merger with Malers and Stone Mountain, and changing cusips daily for CIM; and on an on? Get someone who says the same thing each day.
 
Posted by Ric on :
 
The lawyer hasn't proved anything yet Legal. There are signs that shorts can exsist but no proof. The Statistics he is using in greatly flawed. I pointed this out once and I think that I know what I am talking about. Look at profile under education. His assumptions are completely wrong. Not that I blame him, most people don't understand statistical analysis. They just think they do.
 
Posted by bill1352 on :
 
do i understand that the 3 way merger fell out of favor with the cult? we aren't getting rich off CIM now?...lol like i said legal that merger made no sence.
 
Posted by legaleagle on :
 
quote:
Originally posted by xyz:
I bet if you ask the board that most everyone would think this is a scam and that the ones that pump this are the ones they are sick and tired of. I noticed that the scam JRSE was posted again today and the scams like this keep being popped up by pumpers to scam others into these POS. People get sick and tired of most of you that pump this crap. If you were suckered into these scam, it doesn't make it right for you to sucker others into it. People that would promote this are low IMO because it is what it is, a scam. If you can't recognize that then you shouldn't be investing.

quote:
Originally posted by CHIMAN34:
ed19363 . I agree, nobody has any facts and all this is just peoples opinions. When we see it in a PR then believe it.
Why can't people just wait till the judge rules.
Most here are cult, as in cult bashers. People get sick and tired of most of you.


xyz, I have stated my reasons for believing in CMKX on multiple occasions. Yet, you, like the rest of the bashers come in here and call it a scam with no evidence presented. And you criticize those who have an opinion that is different than yours. Please present your position supported by facts if you want to have any credibility.

There are others here who are negative as well, and they don't present any facts either. They call what they present "facts", however, they are incomplete until the company reveals further information, or the SEC does. But at least some of them throw out an occasional 703 billion shares, etc. to support their position. You however just call it a scam and throw allegations at those that support it. Surely you can do better than that. IM Wallace, he would surely be willing to teach you the art of "bashing", and perhaps even allow you in his Band of Merry Men.
 
Posted by bill1352 on :
 
there ya go again Ric...what am i going to do with you & wallace? things that are common sence, logical, simple math & reasonable do not apply to cmkx...as the cult has said many times cmkx is not just another company...lol
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
do i understand that the 3 way merger fell out of favor with the cult? we aren't getting rich off CIM now?...lol like i said legal that merger made no sence.

It's still a possibility bill as both companies have links to CMKX. Apparently Etrade thinks something is going on, as they have charged members reorganization fees, already. Too bad they have lost any semblance of credibility with their "many" erroneous reports. This one might be their first accurate one.
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
The lawyer hasn't proved anything yet Legal. There are signs that shorts can exsist but no proof. The Statistics he is using in greatly flawed. I pointed this out once and I think that I know what I am talking about. Look at profile under education. His assumptions are completely wrong. Not that I blame him, most people don't understand statistical analysis. They just think they do.

Don't forget Ric, that he has a "confidentiality agreement" with CMKX. Think maybe he might already know the amount of family and insider holdings? If he didn't already have the proof, I doubt he would have gone out on a limb by telling the judge. "Not billions, your honor, TRILLIONS".
 
Posted by bill1352 on :
 
legal now thats a load of crap. on this page & the last proof from the company was given that they either lied or have no clue what they are doing. the company pr said hundereds, the 8K stated the survey by name, it didn't say part of the survey. the company pr did not name a claim number the 8K did & it also named the survey. how in aunt martha's honored name can you say we don't know? where does it might not be the entire survey even entire your mind? the guy went into great detail explaining things, what kinberlite is, where its found, the magnetic properies used to locate it & what is needed for the next step. but because he used the claim number it might not be the complete survey???!!!!! thats just damn stupid.
 
Posted by Ric on :
 
And I guess the brokers are never wrong. E-trade says merger. Well Ameritrade says CMKX is filing bankruptcy. I guess if one must be true then the other does. Yeah that makes sense. Oh thats right Ameritrade is in the conspiracy with the SEC and the MM's to disrupt CMKX's business.
 
Posted by Upside on :
 
Originally posted by Legaleagle:
quote:
IM Wallace, he would surely be willing to teach you the art of "bashing", and perhaps even allow you in his Band of Merry Men.
I don't know about that. Last I heard, membership was closed. However if a true "diamond in the rough" showed up, (no pun intended) he might be allowed in.
 
Posted by legaleagle on :
 
UC RESPONDS TO ALLSTOCK BASHER QUESTIONS


 -
 
Posted by bill1352 on :
 
legal what the family owns is supposed to be reported or at least honest companies do & this comany has been naked shorted, on the SHO list & just got off. if you notice in this change of ownership filing the guys kids are included. they are not insiders & they aren't out of school yet aas in high school.


http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=3484936
 
Posted by bill1352 on :
 
another man with his head up a donkeys azz legal???
 
Posted by Ric on :
 
Facts huh. From what I see, the bashers give a lot of facts. Its the pumpers that seem to only bring theories and reposts of theories.

Facts:

. gagged TA even after o/s was given still gagged from giving share structure
. 703 Billion O/S
. 407 billion on shareholders list
. Was told we would be pleasantly surprised by O/S and made to believe it was under 400 billion
. 2 .0011 micron size kimberlites
. only 15 holes drilled, nothing found in any except in one hole see above
. Made to believe 100's of holes drilled
. Voids in records
. Auditors can't get records to do audit after repeated requests
. SEC investigation
. Canada providence suspends trading for selling unrestricted shares
. Lied on form 15 more then 100% off
. UC takes 5th
. Mahue doesn't know anything about operations
. Mahue didn't know auditors weren't getting records
. still hasn't filed, claims voids in records
. runs company from house, was told had offices. more lies.
. UC at race track almost every week.
. Advertises stock not company (Got CMKX)
. Refuses to give investors basic information on company.
. Refuses to give share structure
. UC says he dosen't know how to run a public company
. Drilling report says to give it up people.
. UC blames others for mis-management

CMKX's actual results could differ materially from such forward-looking statements because of factors such as: actual or perceived benefits of the Jarvis report; any findings or recommendations contained in the report; uncertain regulatory scrutiny; the current state of CMKX's operations; unavailability of documentation and corporate records; benefits of the to be commenced summer drilling program; the ability to rebuild financial records; timing necessary to comply with reporting requirements; lack of adequate internal controls; unforeseen capital deficiencies; 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.

[ May 23, 2005, 18:05: Message edited by: Ric ]
 
Posted by Wallace#1 on :
 
xyz, you were told:

Get someone who says the same thing each day.

Wallace, he would surely be willing to teach you the art of "bashing", and perhaps even allow you in his Band of Merry Men.
___________________

Hang around xyz. Another objective opinion is always refreshing and you are welcome.

We take most of what legal says with a grain of salt since he IS "someone who says the same thing every day".

If there is a band of "merry men", anyone can assure you they do not pump, hype, distort, divert and disguise as does legal and as do the cult members. Legal is right up there with Dr.Dementia, Zen, Green Baron, and others we once knew well.

PS: If there ever is a class action against UC/CMKX and others, do not be surprised if those above as well as certain Christian Trader Members will be included because of the outlandish pumping.
 
Posted by Wallace#1 on :
 
Ric,

Very good synopsis you posted above.

Don't forget:

Jade collection purchase (still not recinded?).
Conflicts of interest with family and other Co's.
No successful track record.
Questionable pasts of self and close associates.
Wife signing company checks/documents.
Credit card and conflict free diamonds flops.
Statement that Melvin would always have job.

I am sure I have missed many more.
 
Posted by Wallace#1 on :
 
Another was the TA change fiasco - Global to Pacific to Global. That's where it came out there were 400 billions shs O/S which Melvin denied.

CMKM Diamonds, Inc. Announces New Transfer Agent
6/29/2004 9:56:00 PM
D. Roger Glenn of Edwards & Angell, attorneys for CMKM Diamonds, Inc. said "The Company is proud to announce this relationship with Pacific Stock Transfer .

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

PS: Good ol' D.Roger Glenn. Things didn't quite turn out so well for him....except for the $$$$$.
 
Posted by bill1352 on :
 
how many times has legal been challenged to provide 1 positve provable fact. the best he can do is list the number of claims & the fact they are near shore gold & debeers. thats the extent of positive information that can be documented period. & in four yrs they have found .011 micrograms of diamonds. to that add $60,000 of income from a gold mine in south america. the NS has yet to be proven period & until it is & documented its all smoke & mirrors. & even if proven it still has a long way to go to give a stock with a 703 billion o/s a boost from .00005.
 
Posted by will on :
 
bill, who was the guy who said bail from this pig when the O/S was leaked? He was from FL I think, a pretty sharp guy, they used to interview him on the radio. I think Melvin turned on him like a snake. He was one of the faithful until the 400B was leaked. After he said I'm selling the faithful labeled him a quack. Funny how a hero becomes an idiot overnight with this bunch.

You remember the guy.
 
Posted by Upside on :
 
Joel
 
Posted by will on :
 
That's it, You remmebr him Up? What was the pps then? .0005?
Good call. Like a fool I dismissed the guy, and listened to this koolaid crap, knowing 400B was an impossible number. That run to .001 made everyone drunk with greed. How the hell did they run this pos to .001 ??? I saw it and still don't believe it.

quote:
Originally posted by Upside:
Joel


 
Posted by Upside on :
 
I remember people saying if the float was 400 billion it was a death blow, now it will be celebrated.
 
Posted by Wallace#1 on :
 
Guess who posted this one:

No one ever suggested that Roger is the only securities expert, only that he is the best.

The quality of the law firm and our attorney is our strongest evidence of CMKX being a legitimate company. Not the only, just the strongest. So a basher has to attack that point of strength if he is to successfully sow seeds of doubt. A look at the law firms website clearly shows that they are a major player in corporate law, stock and securities, and the Wall Street playground. We could not be represented by a more qualified firm or attorney. But what are facts to a basher?
--------------------
That so-called basher being referred to was yours truly. And guess just who did nothing, took $250K while doing nothing, and, is being made the scapegoat for doing nothing. He does deserve it though. LMAO
 
Posted by Wallace#1 on :
 
I'm going to hit the sack now, but will anticipate legal's twisting and spinning that last post around in some way to benefit his way of thinking. Good night.
 
Posted by legaleagle on :
 
golden1101
Forum Moderator


member is online


Im Ready!!


Gender:
Posts: 4980
Im really liking the "STING" concept (from 3/10)
Thread started on: Mar 9th, 2005, 11:28pm

--------------------------------------------------------------------------------
So I have been thinking . . . then reading . . . then thinking some more . . . and I am really liking the idea that this whole thing could be a sting operation. CMKX in conjunction with the US government, working as a team to tackle financial terrorism. BRILLIANT!

We live in a television and movie world, where every problem, big or small, can be defined and solved in an hour and a half . . . in the real world this is not the case.

To be honest . . . I had entertained the idea to some degree awhile ago, but could not gain a clear picture as to how. When you get to looking at it . . . it seems quite obvious.

Ever since I bought in March of 2004 . . . the nakes short position talk was in full swing and CMKX has always done huge volume.

Ever since I have been in there have been people who did not like this stock (and some who did) calling the SEC and complaining about this stock, so it wasnt like the SEC had no idea who CMKX was.

Melvin . . .

Melvin pumped this thing on IBC so many times . . . quite possibly crossing some bouderies, CMKX produced NOTHING of substance (well, we reported a couple of micros), volume continues through the roof and yet the SEC does nothing.

06/02/04 . . . along comes Roger Glenn, even referred to as our "SEC ATTORNEY" in a PR on 10/19/2004 : CMKM Diamonds, Inc. Announces the Success of Its Integrated Business Plan Goes Into Effect in Ecuador.

http://www.casavantmining.com/news.asp

Roger steps in AFTER the pump of the century and starts issuing dividends as to calculate the short.

Roger Does the ol' smoke and mirrors and figures out the Naked Short Position. . . . Then it's Hasta' la Vista' Roger Glenn.

Also take note . . . although the pumping continued slightly, it slowed down a bit once we went into dividend phase.

Next . . . Perfectly timed halt of UCSA, right before the Vegas Party, everything is hush hush. Now . . . Im not sure if they were gonna announce the BOD or not. I believe the lady who got upset was genuine, but I dont think they were gonna release anything . . . even without her outburst. (rather fortuitous on their part, or maybe it was a set up, I cannot say)

We retire the 75 billion from Nevada Mineral, with no change in PPS . . . ridiculous, shorty doesnt care about nuttin'.

Next . . . Reg SHO, fizzle fo shizzle of the century. 1/31/2005 . . . 3 days after the 28th. (the day of truth, whether SHO will work for others or not . . . it failed to show any teeth) enter Robert Maheu.

We then announce Michael Williams . . . Im not sure what purpose he serves in all of this yet, but Im having a hard time believing that they cannot seem to get him insured. IMO he is "waiting in the wings" for a reason that we will soon see.

Next, announce new corporate stategy, amend form 15 and then . . . DO ABSOLUTELY NOTHING! WHY?

If your gonna announce that you "screwed up" and should have been reporting the whole time you should MAKE SURE YOU ARE PREPARED TO FILE THE DELINQUENT IMMEDIATLY. If we are really not ready . . . then What The Heck was Mr. Glenn doing the whole time? Makes no sense.

Then the big play . . . UC says the time is NOW, the transfer agent Starts telling people we are releasing the O/S and to "spread the word, so she can eat lunch" What The Heck?

So here is how I am NOW arranging the information I am looking at. CMKX, The SEC, Robert Maheu, Roger Glenn and whoever and whatever other government agency that would be involved, set the trap to put and end to finacial terrorism.

SEC and CMKX are friends and working together . . . Look at CIM's post:
http://cmkxdiamond.********s32.com/index.cgi?board=general&action=display&num=1110231997
, it sounded sincere and genuine. I didnt get a sense of fear or worry on the part of the SEC and have still not received any real evidence that the SEC is "running scared"

Rober Maheu also advised his attornies in the New Corporate Stategy PR to be fully cooperative: "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"

Then . . . Maheu distinctly says we wont be ready in 60 days. UC acts offended and caught off guard by the whole thing, but Im just not sure.

This little pink sheet company, race car promoting, Uncle Melvy pumping, cult member shareholder company, has had two key people, WITH EXTENSIVE EXPERIENCE AND LONG TIME GOVERNMENT INVOLVMENT working with them for at least the last six month and yet . . . golly, were not even CLOSE TO BEING READY!! BULLSH*T!! (sorry Canuck)

This this is even structed like a government opp. Cloak and daggers, smoke and mirrors . . . the whole works. I feel more confident than ever we are in good shape, whatever it is we are doing.

Okay . . . Im done. Make fun of me for jumping on the flavor or the day, but it makes perfect sense to me!
Cheers . . . and just like BattleStar, I LOVE YOU GUYS!
golden
 
Posted by will on :
 
" and I am really liking the idea that this whole thing could be a sting operation. CMKX in conjunction with the US government, working as a team to tackle financial terrorism. BRILLIANT!"

Man, that guy is gone, get him some help.

I need sleep after that UFO post.
 
Posted by bill1352 on :
 
legal these fantasies of the cults get better & better everyday. seriously some on these guys need to write novels or tv scripts.
 
Posted by Ric on :
 
Work in progress, FACT SHEET,

Before the hearing

* Authorized Shares increased from less than 1 billion to 800 billion
* Outstanding Shares increased from less than 1 billion to 779 billion
* 500 billion in dilution from March 2004 to March 2005
* 407 billion on shareholders list as of March 2005
* Was told we would be pleasantly surprised by O/S and made to believe it was under 400 billion. Melvin on the air denies that the O/S is over 400 Billion after TA fiasco
* CMKX Transfer Agent gagged per direction of the UC
* Refuses to give investors basic information on company
* Refuses to give share structure
* CMKX trading unregistered shares in SASK, trading halted there
* SASK inquiry into CMKX valuations ignored
* CMKX partner USCA under investigation by the SASK
* No revenue stream from company operations
* Claims in Canada for mineral rights, made to believe 100's of holes drilled. but only 15
* UC buys a 3.5 million dollar property, motor-home, hummer, boat, likes to gamble, likes to race funny cars while shareholders value decreases
* UC at race track almost every weekend
* Spent investors money to sponsor motorcycle and drag racing
* Advertises stock instead of company, Got CMKX
* Voids in records
* UC says he doesn't know how to run a public company
* UC blames others for mismanagement
* SEC investigation and temporary halt
* Lied on form 15 more then 100% off (claimed under 300, had 689)


During the hearing

* Judge ruled that NS is not going to be admitted into evidence
* She asked SEC if they think CMKX has NS and the SEC said no
* When asked by the SEC, TA stated there was no record of CMKX management inquiring into the number of shareholders in July 2003
* RG was paid $250,000 and one page report was presented
* Urban shows up with his own personal lawyer
* Urban invokes his 5th Amendment right to not answer any/all questions asked by the SEC attorneys (12 minutes of "I take the 5th")
* Maheu testifies he was not aware of the problems the new accountant and attorney were having in receiving documentation from Urban to get filings completed.
* Maheu cant answer question on companies operations
* We find out Urban runs CMKX from his house, not the company PR'd new offices in Las Vegas
* Maheu paid $40,000 a month. Has been paid for 2 months pay even though he has been there 4 months and Judge makes joke about the amount he is paid
* Accountants: all quit after frustration in not being able to do their jobs. Current accountant, Neil Levine, resigns on May 9th one day before the hearing
* Rendal Williams (CEO of UCAD & 50/50 partner with CMKX) has a "failing memory" when questioned on the stand, he appearingly is distancing himself from CMKX/Urban Casavant
* Oct. party was in evidence over claims made that didnt happen
* Green Baron interview played because of claims made in it also
* Carolyn Casavant wrote checks against the company account although she is not an officer of the company, explanation given to the court "that's what wife's do."
* Current financial status, over $30 million in debt
*Judge says this is a filing issue
* Has till 29th of June for rebuttals and decision will be by July 15th

After the hearing

* Two .011 micron size diamonds
* Only 15 holes drilled, nothing found in any except in one hole see above
* Drilling report says to give it up people.
* Company issued PR that 100's of anomalies found from goldak fly over yet 8K states 16 from goldak fly over & some of them may not be worth drilling
* Refuses to give investors basic information on company.
* Refuses to give share structure
* UC at race track almost every weekend
* Frizzle working on proving NS


CMKX's actual results could differ materially from such forward-looking statements because of factors such as: actual or perceived benefits of the Jarvis report; any findings or recommendations contained in the report; uncertain regulatory scrutiny; the current state of CMKX's operations; unavailability of documentation and corporate records; benefits of the to be commenced summer drilling program; the ability to rebuild financial records; timing necessary to comply with reporting requirements; lack of adequate internal controls; unforeseen capital deficiencies; 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.

[ May 24, 2005, 00:25: Message edited by: Ric ]
 
Posted by bill1352 on :
 
now theres a real company pr Ric....lmao
 
Posted by bill1352 on :
 
might i add company pr'ed 100's of anolalies found from goldac fly over yet 8K states 16 from goldac fly over & some of them may not be worth drilling.
 
Posted by Runamuck on :
 
When are yall going to let this die?
 
Posted by legaleagle on :
 
When it's over.
 
Posted by bill1352 on :
 
you tell'em legal...we are havin too much fun & have spent too many hrs on it now to give up...plus i'm still waiting for my first basher pay check...need to get wallace in gear on that....lol
 
Posted by legaleagle on :
 
STARLIGHT'S THEORY !!!!


From PB 32


Starlight
God of Diamonds


member is offline


Gender:
Posts: 1464
STARLIGHT'S THEORY !!!!
Thread started on: Mar 24th, 2005, 2:39pm

--------------------------------------------------------------------------------
There are several things that have had me puzzled for quite some time now....

* Why was CMKX singled out from all the companies on the pink sheets and OTCBB to be excessively shorted....
Why CMKX..... Why so much NSS....
It is pretty obvious to me that there must be a reason... otherwise the shorting would be more evenly spread out among quite a few companies instead of just CMKX with this huge NSS problem....which could be as high as 1.6 trillion NSS or higher....

* CMKX was fully reporting at one time and was trading at a much higher pps (when they were CMKI) than we are currently trading at....Why would CMKX deliberately choose to go non-reporting and put themselves at a higher risk of having their stock manipulated and held down and miss out on the tremendous earning potential that their company and their shareholders would benefit from by becoming non-reporting and going on the pinks.... Many have speculated that it might be to keep the info about their acquisitions of mineral claims in the Saskatchewan area under wraps and other have speculated that it might be to ward off a possible hostile takeover by DeBeers......
But I think that there is much more here than meets the eye....First of all with any proper DD anyone could have located the info on our claims and have found out the same thing that we have found out....that they are safe and secure in a separate company that is owned by Urban....Second of all, concerning a possible hostile takeover from DeBeers....there are laws in place in the state of Nevada, where CMKX is incorporated, that protect companies in Nevada from potential hostile takeovers....
so the question still remains....Why did CMKX choose to go non-reporting and put themselves in this situation....?? When did the NSS problem officially begin...??

* If Roger Glenn is a "so-called" SEC attorney why would he be putting himself in a position to be working on the opposite side of the fence against the SEC......
which leads me to believe that the SEC is working on our side but wants the MMs to believe otherwise....
Yes, I am revisiting Golden's original "sting theory" to which I voiced my initial opinions on this theory on Golden's thread....

* Why did Citigroup purchase the derivatives division of KNIGHT when it should have been apparent to them that KNIGHT has a huge NSS problem and Citigroup would eventually have to make all those NSS shares good- which would add enormously to the initial purchase price of KNIGHT....?? That would be like buying a piece of property that you know has environmental problems and then having to absorb the cost of cleaning it up before the property is even in usable condition....

* Why would Edwards & Angell allow Roger Glenn to be CMKX's attorney when they had prior alliances with Citigroup since Citigroup is one of their biggest clients...

* As per the two full-page ads that hit The Washington Post on Feb. 8th and on Feb. 10th....NSS has been illegal since right around 1930 and was the the possible reason or contributing factor to the 1929 market crash....
If the government has known about NSS since 1929 and they know that it is illegal why is it still going on....??
Why hasn't our country been able to stop the NSS problem.... Many have speculated that the governement is benefiting from the NSS problem....
but from what I have read on this board the DTC is the one who is benefiting from the NSS problem and that they are a self-regulated agency that is controlled by the MMs. Many have speculated that the NSS problem has forced many US companies into bankruptcy and that quite a bit of the profits from NSS could have been used to fund terrorists' activities....Has anyone noticed an increase in NSS since the 9/11 attack of 2001...

Which leads to my theory....

If the US government is aware that the NSS problem has been around for quite a few years then why have they not been able to stop it....?? Quite possibly it could be because it is very hard to prove....well up until Roger Glenn entered the picture with his "Master Plan." To prove that an NSS problem does exist would entail having a company that would be willing to be a "guinea pig" so to speak....and be willing to be set up to prove that NSS does exist and to stop the MMs and their possible illegal laundering of money....Yes, a sting operation.... Then Roger Glenn enters the picture with his NSS Plan to catch the MMs in their tracks and to prove NSS once and for all...

The raising of the O/S on several occasions, the heavy promoting of CMKX, the race cars, the delayed filings, the premature sharholders' appreciation party, the company keeping hush about its drilling results....all of these (IMO) were designed to make the MMs think that CMKX was a "pump and dump" and that they (the MMs) would never have to be held accountable for their NSS because they would be able to force CMKX into bankruptcy and be able to keep their illegal profits...

Why would CMKX allow their company to be a "guinea pig" in this possible sting operation....?? Because they knew that the SEC would protect them and that the company and its shareholders would all benefit in the end....Because CMKX would have been able to build a huge following (We are now anywhere between 40,000 to 60,000+ shareholders....!!! That is huge for a pink sheet company and would put CMKX into a phenomenal position with this huge shareholder base when CMKX possibly launches an IPO with their privately-held company CIM.....all these shareholders can then possibly buy in for additional shares of CIM at a hopefully reduced rate before CIM does an IPO.... This huge shareholder base would also give Urban a tremendous launching pad to launch his retail selling of Casavant Diamonds.....

If the DTC has insurance to cover 1.6 trillion (from what I have read on this board...) then there is obviously not enough money to go around to cover all the NSS problem with all US companies...I think that the SEC hearing and behind the scenes negotiations were set up to insure that CMKX shareholders would be able to get their share first and that we would be covered....It is kind of like musical chairs....if there are too many companies wanting a piece of the pie...somebody is going to be left out...

Has anyone wondered why the new Regulation SHO has a grandfather clause in there....If CMKX did actually agree to be a "guinea pig" to help out the SEC conquer the NSS problem once and for all don't you think that CMKX would want to have some sort of protection to insure that they would indeed benefit when the "sting" had finally played out....?? The SEC placed the "grandfather clause" in the new Regulation SHO which basically forgives all pre-existing NSS before Jan. 2005.... If other companies did not already have a plan in the works to nail their NSS problem and had not already figured out what their NSS was then this clause would protect the DTC from having to pay enormous sums out ot all the other companies....

When CMKX amended their filing from July of 2003- then the company was automatically reverted back to its former reporting status and was protected from having to file to become a threshold security...(from my understanding of all of this)....

What does the government get out of this....??
They are able to prove NSS does exist once and for all, are able to hold the MMs accountable for their actions, are able to stop the paper chase of money that may have been used to fund terrorists' acitvities.... They are able to protect our country from another financial crash and insure the financial stability of our country....

This theory would also explain why Iron Bob is involved....perhaps his private investigation company uncovered all of this several years ago when he had them follow the paper trail....Mahue also lives in Vegas like Urban does, knows one of the current board members of Citigroup...perhaps he first contacted Urban with what his company had uncovered....and then CMKX was introduced to Roger Glenn through USCA since Roger was their attorney first....Also Mahue has never lost one case before any government regulatory body....
Quite impressive I must say...

And best of all....this possible settlement that may be going on as we speak could possibly be tax-free for us....(now wouldn't that be great....??) and would most likely be kept a secret (all of the details of the deal)....which would explain all the secrecy going on and why CMKX may not ever release all the figures to the public which would result in a huge political scandal....

This way.....everyone wins....!!

(Keep in mind that this is just my theory and is mere speculation on my part....so please treat it as such...)

Starlight
 
Posted by Upside on :
 
This guy seriously needs de-programming.
 
Posted by WinsumLosesum on :
 
Man, I hope that guy doesn't get sued by FOX TV. I think he just leaked the entire plot for "24"'s next season.
 
Posted by Upside on :
 
Did you know that the moon landings never happened? Did you know that they were staged and filmed in a remote area of Canada on land the government leased from one Urban Casavant? Did you know that Neil Armstrong really said "That's one giant diamond" instead of That's one giant leap..."? Did you know that there's a group of "in the know" individuals who are now threatening to expose this web of deceit spun by the government, and guess who's going to benefit? CMKX shareholders. That's why Maheau was brought on board, he's arranging a trillion dollar payoff in hush money funneled from the government to the CMKX shareholders to keep all of us quiet.
There, you wanted the real story, you heard it here first, in the Up report.
 
Posted by will on :
 
Right, up his smoke hole !!!

They are getting weirder and weirder. noah, you going off the deep too ??? Do you subscribe to that lunacy?
 
Posted by Upside on :
 
Wanna hear about the Kennedy assassinations/CMKX link next?
 
Posted by will on :
 
Don't worry, Dr. D is probably formulating that theory right now.
Man, they are really gone now. Remember how I told you we skinned the catfish, Up? Well they're nailed to a board with a spike through their heads and are still saying, "you can't catch me."
 
Posted by legaleagle on :
 
A Past PR that we ALL NEED to READ--All Is Well!!!


After hitting a wall last week with the last PR, it set me back for quite a few hours.
Then I realized why I invested in this stock, and stated to do some more digging.

Remember Urban saying that the key is in a past PR. This PR is the key to our answers, imo.

http://fbruhm.********s3.com/index.cgi?board=CMKX&action=display&thread=1106970782

It's the form 14C from 2003.
If you have never read it--do yourself a favor.
---------------------------------------

Now--take a look at the REPORT ON THE DIAMOND EXPLORATION report released in that 14C.
I posted this last year. It's 62 pages(so alot of people probably never read it). It is probably the best 62 pages I have ever read.
And TODAY it is more relevant than it was even back then. Read all 62 pages---and then tell me why people are still here bashing a stock trading at .00007?
You will have a new outlook on your investment.
But don't just read this post and say..."it must be good then if he likes it"......READ IT!


http://www.sec.gov/Archives/edgar/data/1092299/000111776803000002/report.pdf
---------------------------------------------------
And then finish your reading off with the kicker.
READ the Complete SCHEDULE of the 14C.
Tell me now what you think of your investment.
After tracing back and forth all week, I have no doubt that this is the key date of info that the whole battle is all about today.
Tell me that GEMM is just a JV partner with us.
Not. Juina Mining Corporation merger is mentioned time and again. And how about the Robertshaw Report. Awesome.

http://www.sec.gov/Archives/edgar/data/1092299/000111776803000002/schedule.htm


KSBRADLEY
 
Posted by legaleagle on :
 
Street Shares: 280,656,976,686
Cert Shares: 41,337,245,518
Total Shares: 321,994,222,204
Signed Agreements: 5264


5264 "Kool Aid Drinkers" 5 "Merry Men"

5,264 Investors who believe in CMKX

5 Who believe that everyone is entitled to "their" opinion.

5,264 who have invested their money.

5 who pulled out, yet remain to tell others, day after day, that it's only a "scam".

5,264 who have retained counsel to get solid answers

5 who prefer innuendo and insinuation.

5,264 who are attacking the real problems at the source

5 who attack the company and the shareholders.

PASS THE KOOL AID PLEASE.
 
Posted by will on :
 
"5 who prefer innuendo and insinuation."

I think the faithful used up all the inuendo and insinuation in their wild theories, don't you?
There's none left for us to use.
 
Posted by Wallace#1 on :
 
Horsepucky!!! And I thought legal was bad with his spinning!
 
Posted by Wallace#1 on :
 
5264 in la la land
Many more than 5 see reality.
 
Posted by will on :
 
Man, that's way past spinning. That's outright insanity. To believe, "the government sting", theory, you have to have something eating away at your brain.
 
Posted by legaleagle on :
 
REALITY - REAL EXISTENCE (WEBSTER)

HE SAYS FROM CYBERSPACE WITH A PHONY NAME.
 
Posted by will on :
 
WHAT?
Is there a message there? Are you talking in CMKX code now?

quote:
Originally posted by legaleagle:
REALITY - REAL EXISTENCE (WEBSTER)

HE SAYS FROM CYBERSPACE WITH A PHONY NAME.


 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
REALITY - REAL EXISTENCE (WEBSTER)

HE SAYS FROM CYBERSPACE WITH A PHONY NAME.

Now you need to figure how to get back to "REAL" existence, back to reality [Big Grin]
 
Posted by legaleagle on :
 
quote:
Originally posted by will:
Man, that's way past spinning. That's outright insanity. To believe, "the government sting", theory, you have to have something eating away at your brain.

So will, do you think that there is no government investigation into the securities countefeiting? Or do you think they are incapable or unwilling to investigate? Do you think they are "above" conducting a sting? Do you think they would not infiltrate a company to conduct intelligence operations? Which other stock do you think they would use? One with John Doe at the helm, or one with a Robert Maheu conducting operations? Would you conduct such an operation with a "one company" operation, or one with a web of companies, each untraceable for operations? Would you make all of the information available to the public, and hence available to your "enemies". Or are you just saying there is no NS and therefore no need for a government investigation?

Many have asked how CMKX could attract people with the qualifications of Roger Glenn, Bill Jarvis, or a Robert Maheu. Think about it.
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by will:
Man, that's way past spinning. That's outright insanity. To believe, "the government sting", theory, you have to have something eating away at your brain.

So will, do you think that there is no government investigation into the securities countefeiting? Or do you think they are incapable or unwilling to investigate? Do you think they are "above" conducting a sting? Do you think they would not infiltrate a company to conduct intelligence operations? Which other stock do you think they would use? One with John Doe at the helm, or one with a Robert Maheu conducting operations? Would you conduct such an operation with a "one company" operation, or one with a web of companies, each untraceable for connections? Would you make all of the information available to the public, and hence available to your "enemies". Or are you just saying there is no NS and therefore no need for a government investigation?

Many have asked how CMKX could attract people with the qualifications of Roger Glenn, Bill Jarvis, or a Robert Maheu. Think about it.

These guys saw easy pickings and a way to line their pockets, that is why they came, plain and simple. [Big Grin]
 
Posted by legaleagle on :
 
So ed, Bob Maheu, wealthy beyond belief from nine decades of life, is going to soil his respected reputation in order to get a monthly salary from a "scam"? (rumored that he is not even getting that) That's a stretch of the imagination, even for you.
 
Posted by Upside on :
 
Did you know that Jim Morrison is still alive, living in Saskatchewan and goes under the pseudonym of Melvin?
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
So ed, Bob Maheu, wealthy beyond belief from nine decades of life, is going to soil his respected reputation in order to get a monthly salary from a "scam"? (rumored that he is not even getting that) That's a stretch of the imagination, even for you.

Those guys are no different than anyone else, the more you have the more you want, and CMKX looked like easy pickings to them [Big Grin] Monthly salary yea right !!!!!
 
Posted by legaleagle on :
 
Now that's one I can beleive, Up.
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
So ed, Bob Maheu, wealthy beyond belief from nine decades of life, is going to soil his respected reputation in order to get a monthly salary from a "scam"? (rumored that he is not even getting that) That's a stretch of the imagination, even for you.

I see that you are finally admitting that this is a "scam", now thats progress in moving right along in your grieving process "acceptance" [Big Grin]
 
Posted by legaleagle on :
 
quote:
Originally posted by Doctoall:
quote:
Originally posted by legaleagle:
So ed, Bob Maheu, wealthy beyond belief from nine decades of life, is going to soil his respected reputation in order to get a monthly salary from a "scam"? (rumored that he is not even getting that) That's a stretch of the imagination, even for you.

I see that you are finally admitting that this is a "scam", now thats progress in moving right along in your grieving process "acceptance" [Big Grin]
NOTE: scam was in quotes.
 
Posted by ed19363 on :
 
One way or another, when this thing blows, its gonna make the Hindenberg disaster look like a spark....LOL.
I cant argue anymore, it's just getting too silly to be believed. CYA all in July when the judge puts her boots on.
 
Posted by Upside on :
 
Did you know that when Abe Lincoln was shot in the theatre it was nothing more than a robbery? Very few know this but Honest Abe a pocketful of the very first Casavant brand conflict-free diamonds ever mined.
 
Posted by Doctoall on :
 
Ah sorry I thought that you were progressing, I now realize that you are still in denial and rationalization, but don't worry acceptance will come soon [Big Grin]
 
Posted by Doctoall on :
 
quote:
Originally posted by Upside:
Did you know that when Abe Lincoln was shot in the theatre it was nothing more than a robbery?Very few know this but Honest Abe a pocketful of the very first Casavant brand conflict-free diamonds ever mined.

Now that's funny [Smile]
 
Posted by will on :
 
Investigation, that's a fact, a government angency is investigating CMKX.
Do I think the "sting theory", has any basis, absolutley not.
Can I explain Maheu participation in this? Only that he didn't think CMKX was using him for his name. He denied that with an assumption, he didn't think that was the case. He did say positively though that he knew nothing regarding the operations of CMKX, and other telling absolutes.
Sorry no NSS and no sting. You have to offer proof not conjenture for me to accept any of it.

quote:
Originally posted by legaleagle:
quote:
Originally posted by will:
Man, that's way past spinning. That's outright insanity. To believe, "the government sting", theory, you have to have something eating away at your brain.

So will, do you think that there is no government investigation into the securities countefeiting? Or do you think they are incapable or unwilling to investigate? Do you think they are "above" conducting a sting? Do you think they would not infiltrate a company to conduct intelligence operations? Which other stock do you think they would use? One with John Doe at the helm, or one with a Robert Maheu conducting operations? Would you conduct such an operation with a "one company" operation, or one with a web of companies, each untraceable for operations? Would you make all of the information available to the public, and hence available to your "enemies". Or are you just saying there is no NS and therefore no need for a government investigation?

Many have asked how CMKX could attract people with the qualifications of Roger Glenn, Bill Jarvis, or a Robert Maheu. Think about it.



[ May 24, 2005, 11:59: Message edited by: will ]
 
Posted by bill1352 on :
 
Many have asked how CMKX could attract people with the qualifications of Roger Glenn, Bill Jarvis, or a Robert Maheu. Think about it.


now bill jarvis knows what he is doing??? i guess it was on purpose when he said the goldax survey was reviewed & found 16 anomalies not the hundreds cmkx claimed. i guess he purposely named the survey & not the fact it wasn't the whole survey. i'm sure the SEC is deep into looking at how to stop NSS. there is too much press even if its not major media writing about it & giving proof. but there is no need of a sting. the SEC can get records of every company they care to from the DTC. the ppl doing the NS'ing are the mm's not the DTC. the sec could get all the proof needed & behind closed doors get it fixed without the publicity a sting would bring & thus fix it & not destroy the market.. its not an easy solution. there needs to be some degree of naked shares for the market to be liquid. there needs to be controls so that a group of ppl cant run a stock to a stupid pps & create something like the tech bubble burst when stocks were trading at 100 & 200 times a companies value. yet there has to be a limit & a period of time that NSS's have to be covered. will the SEC step to the plate & fix the problem...who knows but the 1 thing they wont do is use a company to sting the mm's with. there is no need of such a move.
 
Posted by Upside on :
 
Originally posted by ed19363:
quote:
One way or another, when this thing blows, its gonna make the Hindenberg disaster look like a spark....LOL.
Speaking of the Hindenburg, very few know this but.... ahh never mind, CMKX.
 
Posted by will on :
 
OH! THE HUMANITY !!!
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
One way or another, when this thing blows, its gonna make the Hindenberg disaster look like a spark....LOL.
I cant argue anymore, it's just getting too silly to be believed. CYA all in July when the judge puts her boots on.

Uh oh Wallace, "Little John" just bit the dust.
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
Many have asked how CMKX could attract people with the qualifications of Roger Glenn, Bill Jarvis, or a Robert Maheu. Think about it.


now bill jarvis knows what he is doing??? i guess it was on purpose when he said the goldax survey was reviewed & found 16 anomalies not the hundreds cmkx claimed. i guess he purposely named the survey & not the fact it wasn't the whole survey. i'm sure the SEC is deep into looking at how to stop NSS. there is too much press even if its not major media writing about it & giving proof. but there is no need of a sting. the SEC can get records of every company they care to from the DTC. the ppl doing the NS'ing are the mm's not the DTC. the sec could get all the proof needed & behind closed doors get it fixed without the publicity a sting would bring & thus fix it & not destroy the market.. its not an easy solution. there needs to be some degree of naked shares for the market to be liquid. there needs to be controls so that a group of ppl cant run a stock to a stupid pps & create something like the tech bubble burst when stocks were trading at 100 & 200 times a companies value. yet there has to be a limit & a period of time that NSS's have to be covered. will the SEC step to the plate & fix the problem...who knows but the 1 thing they wont do is use a company to sting the mm's with. there is no need of such a move.

Of course it is easy to find the NS, but they are interested in finding the "source". Some days back I mentioned: "Think CARNIVORE".
 
Posted by Upside on :
 
quote:
Uh oh Wallace, "Little John" just bit the dust.
That's ok, Friar Up will try to take his place.
 
Posted by will on :
 
"That's ok, Friar Up will try to take his place."

"Little John didn't sit the fence, Friar Up.
 
Posted by Upside on :
 
Originally posted by Will"
quote:
Little John didn't sit the fence, Friar Up
Thank's for that tidbit there Maid Marian.
 
Posted by will on :
 
"Thank's for that tidbit there Maid Marian."

My pleasure, Friar Up. Now go polish your staff. If it's too rough you might try hand sanding it.
 
Posted by Upside on :
 
Speaking of Robin Hood, did you know that he robbed from the rich to give to the poor? While that stands in stark contrast to Sir Casavant one can see where he got the idea and simply turned it around. See, there are parallels that can be drawn throughout history that shows just how influential CMKX has been in the shaping of our current world and in the world to come. Pretty much everything past, present and future is, or will be, tied into this company in one way or another.
 
Posted by Upside on :
 
Will,
Did you know there was a merry man named Will? Here's his description:

"Will Scarlet can be a scarlet-clad dandy, obsessed with fashion and even carrying a rose. Sometimes he is even musical."

Kind of strange how history has a way of repeating itself, wouldn't you say?
 
Posted by finky on :
 
quote:
Originally posted by Upside:
Did you know that when Abe Lincoln was shot in the theatre it was nothing more than a robbery? Very few know this but Honest Abe a pocketful of the very first Casavant brand conflict-free diamonds ever mined.

thats funny. Could you imagine if that were true what the value of those jewels would be?
 
Posted by Wallace#1 on :
 
"Do you think they would not infiltrate a company to conduct intelligence operations?'

That's a real joke...."infiltrate a company" with no intelligence "to conduct intelligence operations"! LMAO With 'no-records-UC" at the helm, that would be quite simple, huh. Certainly, he's the epitome of intelligence....even according to his very own testimony and statements.
 
Posted by Wallace#1 on :
 
"Uh oh Wallace, "Little John" just bit the dust."

Not to worry, legal, "Little John" has said that before and he stays anyway. Besides, I think he enjoys sparing with you even if the dam has burst and you have "water on the brain".
 
Posted by legaleagle on :
 
Dear America!


From PB 32

KevinW777
Diamondologist


member is offline


Posts: 268
Dear America!

Thread started on: Today at 12:01pm

--------------------------------------------------------------------------------
We have the following letter on our website and invite anyone that has an extra minute to come over and use the email merge link to send this letter off as a UNITED FRONT to our government... it only take a minute to copy and paste the letter and send it. I will also get it to as many people in the media as I can....

http://www.americaneedstoknow.com/dear_america.htm

This letter is addressed to the following respected people:

George W. Bush, President of the United States

William H. Donaldson, Chairman of the Securities and Exchange Commission

Richard Baker, Chairman of the House Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.

Richard Shelby, Chairman of the Senate Banking Committee

Susan Collins, Chairman of Committee on Homeland Security

Senators Richard Durbin, Robert Bennett, Sheila Jackson Lee and all of our other Senators, Members of Congress, Members of the Press and All American Citizens


Dear America,

We have a problem in the United States of America that has corrupted our markets, ruined our small businesses, is destroying savings accounts, 401Ks and our American economy. This problem is so big, that it has been pushed away and swept under the rug in a hush hush sort of manner because the effects can be so devastating, it could cause our markets to crash.

This problem that we speak of, is the counterfeiting of securities commonly known as Naked Short Selling. This problem CANNOT be confused with legal shorting of stocks, as they have absolutely NOTHING in common.

We are talking about the actual counterfeiting of US securities that are sold to American citizens and people from around the world as genuine investments. As we all know, the counterfeiting of anything of monetary value is not only illegal, but it can be a highly abused form of Financial Terrorism that can and has already destroyed more than our markets. We dont want a world wide scandal.

Please do not let other politicians that either do not understand this issue, or for some unknown reason, want this issue confused so that it is not given any credence, mislead you about the serious nature of this problem. It is not a fictitious problem, although it has been used as an excuse for other criminal activities in the past. The counterfeiting of securities is very real and is happening EVERY SINGLE DAY in our markets.

You may ask how this happens under the nose of our guard dogs that are supposed to protect investors and the integrity of our markets, those guard dogs being the Security and Exchange Commission. Why are they not barking and taking severe action against the perpetuators of this crime? We do not have the answer to this question. But, all of you can demand those answers and demand that action begins immediately! We certainly want to help them do their job.

"We the People" of the United States of America are hereby formally requesting.. no, we are demanding that our government take action! If you need to know what this crime is and how it happens, we will educate you. If you need the help of "We the People", we will help you. We want action on this matter and we want it now!

It has been dragged out and along for a ride long enough. The SEC had adopted Regulation SHO this year and grandfathered in all the past crimes. Now, the SEC has also granted immunity to the DTCC for any involvement from the past! Why would they do this if there is nothing to worry about and if the crime of naked short selling didnt exist?

America is being hurt very deeply by this crime and who knows where the money that is pilfered by selling a counterfeit security is going. Is it going into the hands of terrorists? Is this a Homeland Security, Federal Bureau of Investigation, Secret Service and Central Intelligence Agency issue as well? Sure it is. If the SEC is not taking corrective actions to protect American investors and the very integrity of our markets. Then they also need to be investigated and that makes it an issue for everyone!

Regulation SHO was adopted for this crime, but it is not being enforced and it is NOT WORKING! By the very adoption of the regulation alone, it proves the existence of the problem. Senator Bennett was the brave Senator that answered Americas call for action. Now back him up and get this crime exterminated so that America can have at least a chance of fairness put back into our markets.

Senator Shelby has promised, by letter to an American citizen, to look in on a company by the name of CMKM Diamonds. The shareholders of this company have united together to prove that this crime has devastated their investment and they will have the proof for you shortly proof that cannot be disputed! This company has nearly 60,000 shareholders that are screaming for action in this matter. This is just one example. There will be many more to take the same actions.

Stand up America. Take your country back from the criminals and terrorists!

Sincerely and Respectfully,

"We the People" who make up our One nation under God, indivisible with liberty and justice for all!
 
Posted by will on :
 
"to look in on a company by the name of CMKM Diamonds. The shareholders of this company have united together to prove that this crime has devastated their investment and they will have the proof for you shortly proof that cannot be disputed!"

Where's the proof? Y'all are going to look mighty foolish calling on these Senators to look into a situation that does not exist. I would first have to see the PROOF before I sent this letter. To say we will have proof shortly, isn't enough.
 
Posted by legaleagle on :
 
Subject: AMERITRADE: DTCC STILL CHILLIN' CIM
noahltl

Super Administrator


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




Posts: 1052
Registered: 22-10-2004
Member Is Online


posted on 24-5-2005 at 02:49 PM

AMERITRADE: DTCC STILL CHILLIN' CIM


Date: Tue, 24 May 2005 11:43:59 -0500 (CDT)
From: "APEX Client Services" View Contact Details
To: XXXXXX XXXXXX
Subject: Re: Reorganization and Dividends: Inquiry (KMM27028495I20725L0KM)


Dear XXXXXX XXXXXX:

Thank you for giving me the opportunity to assist you today.

There is still a chill at DTC for the Casavant International Mining
restricted shares.

You may contact First Global Stock Transfer, 702-656-4919, for
information regarding the chill at DTC.

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

Sincerely,

Joy Busse
Apex Reorganization and Safekeeping, Ameritrade
Division of Ameritrade, Inc.

Original Message Excluded:
-------------------------


DeleteReplyForwardSpamMove...


"There is an appointed time for everything, and a time for every affair under the heavens" Ecc 3,1
 
Posted by legaleagle on :
 
noahltl

Super Administrator


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




Posts: 1052
Registered: 22-10-2004
Member Is Online


posted on 24-5-2005 at 02:59 PM



And so I did. Here comes those "red flags" again.


Dear Ms. Busse, I took your advice and called 1st Global and spoke to Jeff there. He did not hesitate to say that you were lying, and that there was no "chill" on Casavant International Mining imposed by the DTCC. I will be filing a complaint with the SEC today to investigate this matter, since it is apparent that someone is lying to shareholders in this matter.


"There is an appointed time for everything, and a time for every affair under the heavens" Ecc 3,1
 
Posted by bill1352 on :
 
ya know, i've signed a few letters to congress, i've sent emails to my congresspeople but i refuse to sign anything about naked shorting if cmkx is involved. this is a serious problem that effects huge numbers of ppl & companies but it needs to be addressed with serious companies. having a dilution machine like cmkx thrown in only hurts the efforts of real companies working to address this problem. remember the reaction of the judge when she heard billions? the second any congressman hears billions he will turn & walk. just because the cult lawyer answered with trillions will make no differance. no congressman will put their name into the ring over a company that has 703 billion in the o/s. the conversation will stop there. they are not cult members thus they see reality. they have the abilty to think period unlike the cmkx cult. all the cult is accomplishing is to hurt the work & effort of all the honest hardworking companies & its a damn shame.
 
Posted by bill1352 on :
 
And so I did. Here comes those "red flags" again.


Dear Ms. Busse, I took your advice and called 1st Global and spoke to Jeff there. He did not hesitate to say that you were lying, and that there was no "chill" on Casavant International Mining imposed by the DTCC. I will be filing a complaint with the SEC today to investigate this matter, since it is apparent that someone is lying to shareholders in this matter.
======================================


ya the cult is lying period.
 
Posted by legaleagle on :
 
noahltl

Super Administrator


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




Posts: 1054
Registered: 22-10-2004
Member Is Online


posted on 24-5-2005 at 05:02 PM



It is all a "stall" tactic in my opinion. Are they out of certs? Please just tell me what you have done with my property. When was the DTCC authorized to "chill" my shares? They don't belong to them, they belong to me.

Here is what I posted on the board three weeks ago in reference to this "chill" matter:


Date: Wed, 4 May 2005 12:05:50 -0500 (CDT)
From: "Ameritrade Client Services" Add to Address Book
To: XXXXXXXXXXXXX
Subject: CMKM DIAMONDS INC CASAVANT INTL MINING (KMM26667952I20725L0KM)


Dear XXXXXXX XXXXXXXX:

This is regarding Angela Chisolm's response for your phone
conversation.

Thank you for the opportunity to assist you today. This email is in
response to your request for verification of our phone conversation. We
are anticipating delivery of our bulk certificate for CMKM Diamonds
Casavant International Mining within the next week. Provided we receive our
certificat within that time frame, we would expect that it would take
approximately 4-6 weeks for your certificate request to be processed. As
we discussed, the delay in getting this certificate issued to you was
caused by a "chill" at the Depository Trust Company. If you have further
questions, please reply to this message or contact us at 800-669-3900.
We appreciate your business. Thank you for choosing Ameritrade.

Sincerely,

Angela Chisolm

If you have further concerns or inquiries, please e-mail us from our
secure Web site's "Contact Us" link located in the "Help Center" or at
the bottom of each secure page. For security reasons, we do not answer
account specific questions that originate from a source other than the
secure Web site.

Sincerely,

Joy Busse
General Pool for Ameritrade CS Support Teams
Division of Ameritrade, Inc.


"There is an appointed time for everything, and a time for every affair under the heavens" Ecc 3,1
 
Posted by legaleagle on :
 
noahltl

Super Administrator


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




Posts: 1054
Registered: 22-10-2004
Member Is Online


posted on 24-5-2005 at 05:09 PM



Well that was the quickest reponse I have ever had from Ameritrade. Now they are trying to say that they are attempting to fix the problem. LOL, what have they been doing for three weeks?


Date: Tue, 24 May 2005 15:37:29 -0500 (CDT)
From: "APEX Client Services" View Contact Details
To: XXXXXX XXXXXXX
Subject: Re: Reorganization and Dividends: Inquiry (KMM27032407I20725L0KM)


Dear XXXXX XXXXXXX:

Thank you for giving me the opportunity to assist you today.

After researching this with Ameritrade Clearing, we have requested to
have a bulk certificate sent for the Casavant International Mining
restricted shares. The bulk certificate should have been mailed out
sometime last week, if not it this week, and sent to Ameritrade. Once we
receive the bulk certificate, we can then mail your request to the transfer
agent, First Global, and have your shares issued to you.

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

Sincerely,

Joy Busse
Apex Reorganization and Safekeeping, Ameritrade
Division of Ameritrade, Inc.


Original Message Excluded:
 
Posted by Ric on :
 
For $40,000 a month, I would work for CMKX. For $40,000 a month, I might even pump this scam. It would be hard but if I was keep in the dark like Maheu, hear no evil see no evil speak no evil. It sounds like its easy for Mahue to stomach this scam. He stated in court he knew nothing about the operations of CMKX.

He pays auditors 100's of thousands of dollars and refuses to give them the documents they need to do the job. Pays Maheu $40 thousand a month and he knows nothing. He gives RG $250 thousand dollars and gets a one page report. What a job to work there. Money for nothing.

quote:
Originally posted by legaleagle:
So ed, Bob Maheu, wealthy beyond belief from nine decades of life, is going to soil his respected reputation in order to get a monthly salary from a "scam"? (rumored that he is not even getting that) That's a stretch of the imagination, even for you.



[ May 24, 2005, 17:33: Message edited by: Ric ]
 
Posted by legaleagle on :
 
Another record setting low volume day: 426.8M
 
Posted by Wallace#1 on :
 
Ric,

For $40,000 per month, I understand CMKX is behind in payment at least two months. That makes it $20,000 per month. The longer they do not pay Maheu, the lower it gets. That seems to be the way Urban Casavant operates. Same thing with the stock. The more he sells out of authorized, the lower the stock pps.

PS: " He stated in court he knew nothing about the operations of CMKX."

The obvious question then is, "What is he doing there for whatever amount of money?" As the Judge asked, "There for your name only?"
 
Posted by Ric on :
 
Hey, I just commented on why he started there. Not why he will leave soon if a check isn't cut. And I think the Judge did realize why he was there, why else did she ask. If I was the Judge and told I was paid $40 thousand a month and knew nothing , I would ask the same thing.
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
Ric,

For $40,000 per month, I understand CMKX is behind in payment at least two months. That makes it $20,000 per month. The longer they do not pay Maheu, the lower it gets. That seems to be the way Urban Casavant operates. Same thing with the stock. The more he sells out of authorized, the lower the stock pps.

PS: " He stated in court he knew nothing about the operations of CMKX."

The obvious question then is, "What is he doing there for whatever amount of money?" As the Judge asked, "There for your name only?"

Drawing out whatever you need to back up your wild allegations, Wallace? Why would he need to know about exploration operations and acquisitions and partnerships. That is the co-director's job and Urban wasn't falling for the trap. Maheu is there for his legal, political, and tactical experience. Why would he need to know the name of the guy running the drill? Or how many employees there are? The more you tout your corporate "understanding", the more suspicious your claims of "importance" on Wall Street become.
 
Posted by legaleagle on :
 
Yankdawg
Diamond Hunter


member is offline


Gender:
Posts: 41
USCA buying CMKX assets?.. per Etrade
Thread started on: Today at 3:44pm

--------------------------------------------------------------------------------
I figured you all would want to see this.


http://www.cmkx.net/***************.php?t=7692


Dear Mr. ,

Based on news reports, it seems that the mineral assets of CMKX will be acquired by U.S. Canadian Minerals, Inc. (USCA) on or about July 18, 2005. I have forwarded a request to our Corporate Actions Department for additional information. No additional information seems to be publicly available at this time.

I will respond back to you once I receive a response from my Corporate Actions Department.

As always, thank you for choosing E*TRADE FINANCIAL. If you have additional questions or need assistance, visit our Help Center at etrade.com/helpcenter, or give us a call at 1-800-ETRADE-1 (1-800-387-2331) between 7 a.m. and midnight ET, seven days a week. From outside the U.S., please call +1-916-636-2510. We look forward to serving your investing, banking, and lending needs for many years to come.

Sincerely,

Ernest Tannis x7645
Monday - Friday
9:00 am - 6:00 pm EST
678-319-7400
Sr. Financial Services Representative
E*TRADE Securities LLC
 
Posted by ed19363 on :
 
What news reports?
 
Posted by will on :
 
You know ed, news reports from Ernest Tannis , you remember him, he shortened his name from the Andy Griffith Show, he used to be Ernest T. Bass.

quote:
Originally posted by ed19363:
What news reports?


 
Posted by ed19363 on :
 
Oh, yah....for a minute there I though I missed a PR or something...
 
Posted by ed19363 on :
 
I saw CMKX in the Wall Street Journal today.

The C was on page 3
The M was on page 1
The K was on page 2
and the X was on page 5
 
Posted by Upside on :
 
Originally posted by ed19363:
quote:
I saw CMKX in the Wall Street Journal today.

The C was on page 3
The M was on page 1
The K was on page 2
and the X was on page 5

Have you cracked the code yet? Its gotta mean something.
 
Posted by Ric on :
 
I could see it. CMKX sells assets to USCA and files bankruptcy (Ameritrade said bankruptcy, lol). Remember they are 30 million in debt. Now all the shareholders get nothing because creditors get theres first then UC gets his and the scam starts over again. But wait isn't USCA under investigation, so what does this do other then get the SEC going after USCA after 60 thousand nuts go pounding on there door screaming they were scammed. Circle of life continues. The preditor eats the prey then chits them out to fertilize the ground and starts the circle all over again.
 
Posted by will on :
 
What becomes of the USCA dividends?

If CMKX BK's do they go with them?
 
Posted by ed19363 on :
 
Hard to tell, Will. Nobody has answers these days, just a lot of questions. It wouldnt surprise me if the divvies turned out to be just as worthless as CMKX shares.
 
Posted by ed19363 on :
 
After all is said and done, if this thing turns out as I expect it to, you gotta admit that we have been scammed by a master scammer. Never even saw it coming.....LOL
 
Posted by Upside on :
 
Originally posted by Ric:
quote:
The preditor eats the prey then chits them out to fertilize the ground and starts the circle all over again.
Kinda fits with Doctoalls statement about shareholders being nothing more than mushrooms sitting in a big pile of CMKX fertilizer.
 
Posted by Doctoall on :
 
quote:
Originally posted by Upside:
Originally posted by Ric:
quote:
The preditor eats the prey then chits them out to fertilize the ground and starts the circle all over again.
Kinda fits with Doctoalls statement about shareholders being nothing more than mushrooms sitting in a big pile of CMKX fertilizer.
Amen [Big Grin]
 
Posted by Wallace#1 on :
 
legal said:

"Drawing out whatever you need to back up your wild allegations, Wallace? Why would he need to know about exploration operations and acquisitions and partnerships. That is the co-director's job and Urban wasn't falling for the trap. Maheu is there for his legal, political, and tactical experience. Why would he need to know the name of the guy running the drill? Or how many employees there are? The more you tout your corporate "understanding", the more suspicious your claims of "importance" on Wall Street become."
--------------------

Maybe he specified "exporation operations" or just "operations". It does not matter either way. If he got on board to bring things up to snuff, he would have to had knowledge of both internal corporate operations (accounting, record keeping activities, share structure, etc.) as well as exploration and/or drilling operations. One does not exist without the other.

"Why would he need to know the name of the guy running the drill?" Had he bothered to ask that, he might have known there was nothing going on in 2004. Obviously, he never even asked if drilling and exploration was being conducted.

You try to discredit my Wall Street experience as well as my "corporate understanding"? Add to that the fact that I possess Masters Degrees in both Corporate Management and Finance. And add to that, the fact that I was both a Consultant and Director of Marketing for a top Management and Engineering Consulting Firm.

You, on the other hand, ran what was probably a one-man Real Estate company and were a self appointed CEO. Not too impressive as far as I am concerned.

Do you really think I give a damn if YOU try to discredit my knowledge and experience. FACT IS, legal, you don't know what the hell you are talking about. So, STUFF IT!!!

PS: Besides, remember Maheu is not just a Director but is supposed to be Co-Chairman. All Directors worth anything would have to and want to know about all operations in order to do their job. Otherwise, they have failed their duty as Directors.
 
Posted by glassman on :
 
it's gettin hot in here..... [Big Grin]
 
Posted by will on :
 
Nah, he ain't told him it's none of his fuking business again. LOL
 
Posted by Wallace#1 on :
 
Will, I almost did! He gets so damn carried away with stupidity it just plain irks me. Deserves what he gets when spouts out his garbage.
 
Posted by Wallace#1 on :
 
The fact that Maheu testified that he knew nothing about operations puts him right in the front seat for litigation by shareholders. It's called "failure to perform fiduciary responsibilities". That is the same thing Edward & Angell was found guilty of with a public company. Now, legal, tell me you don't think that both Urban Casavant and Maheu, as Co-Chairmen both, did not have a fiduciary responsibility to shareholders!!!! There's your class action suit along with others.

Correction: E&A may not have been found guilty. Maybe they just settled and were fined a considerable amount of $$$$.

PS: Howdy, Glass.

[ May 24, 2005, 19:38: Message edited by: Wallace#1 ]
 
Posted by bill1352 on :
 
isnt that just what bashers have been saying??? i know i have. UC will transfer everything out of cmkx & leave an empty shell. remember just before the own by date the a/s & o/s was increased by 300 billion & 279 billion into the o/s. i had thought that roger glenn got most of it but at $250K it would be cheaper to pay him cash. just a few weeks before that glenn stated in a pr UC was getting zero shares from the divys because he gave all of his up. if USCA is where the cmkx claims end up we know where those 279 billion shares went. that would give UC about 8 million shares of USCA. it would also mean the cult has about 200 billion more shares to go to prove a NS. 100 billion in cert & 100 billion in street name.
 
Posted by bill1352 on :
 
lets make the deal even sweeter...sell the claims to USCA for whatever is owed to whoever. no bankruptcy so that creditors can not go after the claims if they even have any value, claim the 5th in court, don't give the accountants any paperwork so as even an unaudited filing is not possible thus giving the judge no choice but to shut cmkx down...all cmkx shares are worthless real or naked. the blame then falls on evil mm's for ns'ing cmkx to death, the SEC for not doing anything to stop it & UC can claim he knew it was coming all along & it was why he got cmkx shareholders some USCA shares in the first place getting him off the hook. he can say he tried his best & with the cult foaming at the mouth for every hide but UC's he will get away with it.
in reality he r/s'ed cmkx to under 100 million shares without calling it an r/s.


now who's theory makes more sence...mine or the cults sting idea???
 
Posted by Wallace#1 on :
 
Not a bad theory, bill. Details still need to be worked out by UC, huh?
 
Posted by bill1352 on :
 
thanks wallace, glad ya liked it. i'd say the only missing piece is selling the claims to UCSA & that cant be done till the judge shuts the door or it puts UC on the hook for giving up too soon. if true it answers that nagging question in my head on how 279 billion shares got from a/s to o/s in 3 days. UC's wife wrote a check...lol. figure at the time of the divys USCA was $3...8 million shares of a $3 company is not bad cash.
 
Posted by bill1352 on :
 
hey i crossed the 2500 post line & 3 in a row are post number 2507...lol
 
Posted by bill1352 on :
 
my bad...they all change with each post....never noticed that before...lol
 
Posted by will on :
 
UpMan, help me out here. The first UCAD / CMKX deal, what was it?
 
Posted by Upside on :
 
I think this was the first announced joint venture:

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

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

And I believe this was the first dividend announcement:

CMKM Diamonds, Inc. Announces Dividend to Shareholders of Record Date and Option Agreement
7/18/2004 4:47:00 AM
DENVER, Jul 18, 2004 (BUSINESS WIRE) -- CMKM Diamonds, Inc. (Pink Sheets:CMKX) is pleased to have reached a purchase agreement with U.S. Canadian Minerals, Inc. ( UCAD ) to which U.S. Canadian Minerals Inc. will be purchasing 5% of all mineral claims held by CMKM Diamonds, Inc. in exchange for 7.5 million shares of UCAD. CMKM Diamonds, Inc. will later issue these shares to all shareholders of record on August 20, 2004.

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

Urban Casavant, CEO CMKM Diamonds, Inc., stated: "We are looking to move forward as a team in order to create a winning formula for success of bothe companies as well as their shareholders!" More details will be released in future news releases
 
Posted by will on :
 
Was there another for $50K and a % of all claims, plus more options?
I seem to remember a real sweetheart deal with UCAD ???
 
Posted by ed19363 on :
 
Either way guys, stock up on the KY.....
 
Posted by will on :
 
ed, I am not asking for that reason. I'm 99.99999999999999.....% sure that CMKX is a loss cause. I don't disagree with you.

quote:
Originally posted by ed19363:
Either way guys, stock up on the KY.....


 
Posted by legaleagle on :
 
Ed, it's not July yet. LOL I knew you couldn't stay away.

"News" from Etrade,not the media.
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
legal said:

"Drawing out whatever you need to back up your wild allegations, Wallace? Why would he need to know about exploration operations and acquisitions and partnerships. That is the co-director's job and Urban wasn't falling for the trap. Maheu is there for his legal, political, and tactical experience. Why would he need to know the name of the guy running the drill? Or how many employees there are? The more you tout your corporate "understanding", the more suspicious your claims of "importance" on Wall Street become."
--------------------

Maybe he specified "exporation operations" or just "operations". It does not matter either way. If he got on board to bring things up to snuff, he would have to had knowledge of both internal corporate operations (accounting, record keeping activities, share structure, etc.) as well as exploration and/or drilling operations. One does not exist without the other.

"Why would he need to know the name of the guy running the drill?" Had he bothered to ask that, he might have known there was nothing going on in 2004. Obviously, he never even asked if drilling and exploration was being conducted.

You try to discredit my Wall Street experience as well as my "corporate understanding"? Add to that the fact that I possess Masters Degrees in both Corporate Management and Finance. And add to that, the fact that I was both a Consultant and Director of Marketing for a top Management and Engineering Consulting Firm.

You, on the other hand, ran what was probably a one-man Real Estate company and were a self appointed CEO. Not too impressive as far as I am concerned.

Do you really think I give a damn if YOU try to discredit my knowledge and experience. FACT IS, legal, you don't know what the hell you are talking about. So, STUFF IT!!!

PS: Besides, remember Maheu is not just a Director but is supposed to be Co-Chairman. All Directors worth anything would have to and want to know about all operations in order to do their job. Otherwise, they have failed their duty as Directors.

You don't need me to discredit you Wallace. Your posts speak for themselves.
 
Posted by legaleagle on :
 
hogus31
Diamond Hunter


member is offline





Posts: 31
Never Believe Email I Got Today From John Martin
Thread started on: Today at 6:27pm

--------------------------------------------------------------------------------
I rushed home as fast as possible to post this because the Firewalls at work will not allow me to do so, so here it is...


John,
>
> Man you are fast, that was only a matter of minutes. We will absolutely
> send in that information early next week. I am gathering up the last few
> shareholders I have to get this information to you ASAP. Do you think we
> will surpass the 704 billion O/S or what? Are we close?
>


"John Martin"
<jmartin@cmkxownersgroup.com> To:

<xxxxxxxxxx@prudential.com>
cc:
Tuesday May 24, 2005 04:19 PM Subject: Re:
Question about accumulating since faxed account statement


Thanks Brad, and yes we will surpass the 704 billion. We allready have when
we add in the cert totals from the TA list!

Have a great one!

John
 
Posted by Upside on :
 
Posted by Will:
quote:
Was there another for $50K and a % of all claims, plus more options?
I seem to remember a real sweetheart deal with UCAD ???

This the one?

CMKM Diamonds Inc. Receives First $3,000,000 from UCAD Option
7/27/2004 3:35:00 PM
LAS VEGAS, Jul 27, 2004 (BUSINESS WIRE) -- CMKM Diamonds Inc. (Pink Sheets: CMKX) announced today that it has received this day $3,000,000 from U.S. Canadian Minerals Inc. as the first exercise of a purchase option agreed to last week between the parties. Under the agreement reached last week, UCAD has a one-year option agreement to purchase an additional 10% interest of all mineral claims held by CMKM Diamonds Inc. for a total of $15 million U.S. dollars payable to CMKM Diamonds Inc.

Urban Casavant, president of CMKX, stated, "We are thrilled that UCAD has begun exercising its option as this frees additional cash for our expanding operations and exploration. As we move toward our meeting in Saskatchewan next week with all parties involved, an action plan will be directed to the future for all."
 
Posted by Upside on :
 
Here's another one:

.S. Canadian Minerals Inc. Exercises Additional Purchase of CMKM Diamonds Inc.'s Mineral Claims for $2,500,000 USD
9/9/2004 1:16:00 PM
LAS VEGAS, Sep 9, 2004 (BUSINESS WIRE) -- U.S. Canadian Minerals Inc. ( UCAD ) announced today that it has exercised a portion of its option with CMKM Diamonds Inc. (Pink Sheets: CMKX) to purchase an additional 1.66% interest in all of CMKX's mineral claims for $2,500,000 USD. Under the agreement reached in July, UCAD has a one-year option agreement to purchase up to an aggregate total of 10% interest in all of the mineral claims held by CMKX for a total of $15 million USD payable to CMKM Diamonds Inc. With the exercise of this portion of the option and previous option exercises and transactions with CMKX, UCAD currently holds 9.16% of all of CMKX's mineral claims. Should UCAD exercise its remaining portion of its option, the company will hold 15% of all of the CMKX mineral claims.

Rendal Williams, CEO of UCAD, stated, "The company expects to exercise additional percentages under the option as we move forward, increasing our holdings and asset base with the acquisition of potentially high revenue properties
 
Posted by bill1352 on :
 
the ucad divy was for 7.5 million??? i had forgot & never looked. guess UC didn't get 8 million shares more like 3.2 million shares. the worst part of all this is if cmkx does not file at least an unaudited 10q or 10sq by the end of june the judge will have no choice but to shut it down & we will never find out where anything went or who had what unless the SEC has legal grounds to press charges of some sort against UC. the claims can be sold to pay off debt and the only info required is that it was done. unless it goes to a public company nobody will ever know if there ever was anything in those as of yet unexplored claims. UC could start a private company under somebodies name, sell the claims & end up with all the shareholders money & the claims & the south american mine & walk untouched.
 
Posted by bill1352 on :
 
Thanks Brad, and yes we will surpass the 704 billion. We allready have when
we add in the cert totals from the TA list!

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

still not trillions and unless you get to at least 900 billion you got nothing & that doesn't sound like they are much over 704 billion. remember the a/s is 800 billion. who knows all 800 billion might be in the o/s by now. wouldn't that be the final insult...the OG gets to 790 billion with almost every shareholder but a few counted & UC says he needed money to pay the lawyers in the SEC case & dumped the rest of the a/s. wanna bet a bunch of the cult still defends him?
 
Posted by legaleagle on :
 
Martin is saying that with the statements received, and the certs listed on the NOBO/OBO the total is over the OS. Then there are 53,000 additional street shareholders that have not been counted yet. And his figure does not include Urbans shares, JV shares, insider shares and family shares. I can see trillions. How shortsighted do you have to be, not to?
 
Posted by legaleagle on :
 
FINALLY. An Accadacc post I can agree with:

By: accadacca345
24 May 2005, 01:13 PM EDT
Msg. 962031 of 962794
Jump to msg. #
A Basher Is Paid to Denounce A Stock By Any Means Necessary, Truth When It Serves, Lies When They Serve, A Nice Mix Of The Two, Innuendo And Personal. While I Would Agree That Bashers Are Pedants, The Fact Is, In Conclusion They Are Paid In The Conventional Way Is A Fallacy. What Is Crucial, Is To Understand About How They Work Is That They Are Not Paid To Actually Produce Results On The Exchange, As This Is Not Possible,
And It Is Definitely Impossible To Measure And Compensate For. Bashers
Are Paid To "Generate", "Chatter", About How, When Or Whether The
Stock Will Crash. They Are Often Compensated For The Number And
Length Of The Responses They Generate, With Bonuses Available For Those Who
Are Able To Draw In The Respected Members Of The Boards. They (Bashers) Generally Have A Very Low Self Esteem And Nasty Disposition! Having Said That, People Have Asked Me, Why Bash A Quad pps Pinkie? Because There Are Certain Bashers That Know What I Know, Follow Me?? The Attempts By These People Are Futile And They Know This!!!! We Will Not Win, For We Already Have WON!!! The Time Is Now!!!!!! EOM
 
Posted by Ric on :
 
http://photobucket.com/albums/v492/BadBassPlayer/cmkx%20shareholders%20pics/

If anyone wants to see what these paid pumpers look like. Willy, Sterling, Oogie, Phxgold, Urban, and more
 
Posted by Ric on :
 
Facts, no theories


quote:
Originally posted by Ric:
FACT SHEET,

Before the hearing

* Authorized Shares increased from less than 1 billion to 800 billion
* Outstanding Shares increased from less than 1 billion to 779 billion
* 500 billion in dilution from March 2004 to March 2005
* 407 billion on shareholders list as of March 2005
* Was told we would be pleasantly surprised by O/S and made to believe it was under 400 billion. Melvin on the air denies that the O/S is over 400 Billion after TA fiasco
* CMKX Transfer Agent gagged per direction of the UC
* Refuses to give investors basic information on company
* Refuses to give share structure
* CMKX trading unregistered shares in SASK, trading halted there
* SASK inquiry into CMKX valuations ignored
* CMKX partner USCA under investigation by the SASK
* No revenue stream from company operations
* Claims in Canada for mineral rights, made to believe 100's of holes drilled. but only 15
* UC buys a 3.5 million dollar property, motor-home, hummer, boat, likes to gamble, likes to race funny cars while shareholders value decreases
* UC at race track almost every weekend
* Spent investors money to sponsor motorcycle and drag racing
* Advertises stock instead of company, Got CMKX
* Voids in records
* UC says he doesn't know how to run a public company
* UC blames others for mismanagement
* SEC investigation and temporary halt
* Lied on form 15 more then 100% off (claimed under 300, had 689)


During the hearing

* Judge ruled that NS is not going to be admitted into evidence
* She asked SEC if they think CMKX has NS and the SEC said no
* When asked by the SEC, TA stated there was no record of CMKX management inquiring into the number of shareholders in July 2003
* RG was paid $250,000 and one page report was presented
* Urban shows up with his own personal lawyer
* Urban invokes his 5th Amendment right to not answer any/all questions asked by the SEC attorneys (12 minutes of "I take the 5th")
* Maheu testifies he was not aware of the problems the new accountant and attorney were having in receiving documentation from Urban to get filings completed.
* Maheu cant answer question on companies operations
* We find out Urban runs CMKX from his house, not the company PR'd new offices in Las Vegas
* Maheu paid $40,000 a month. Has been paid for 2 months pay even though he has been there 4 months and Judge makes joke about the amount he is paid
* Accountants: all quit after frustration in not being able to do their jobs. Current accountant, Neil Levine, resigns on May 9th one day before the hearing
* Rendal Williams (CEO of UCAD & 50/50 partner with CMKX) has a "failing memory" when questioned on the stand, he appearingly is distancing himself from CMKX/Urban Casavant
* Oct. party was in evidence over claims made that didnt happen
* Green Baron interview played because of claims made in it also
* Carolyn Casavant wrote checks against the company account although she is not an officer of the company, explanation given to the court "that's what wife's do."
* Current financial status, over $30 million in debt
*Judge says this is a filing issue
* Has till 29th of June for rebuttals and decision will be by July 15th

After the hearing

* Two .011 micron size diamonds
* Only 15 holes drilled, nothing found in any except in one hole see above
* Drilling report says to give it up people.
* Company issued PR that 100's of anomalies found from goldak fly over yet 8K states 16 from goldak fly over & some of them may not be worth drilling
* Refuses to give investors basic information on company.
* Refuses to give share structure
* UC at race track almost every weekend
* Frizzle working on proving NS


CMKX's actual results could differ materially from such forward-looking statements because of factors such as: actual or perceived benefits of the Jarvis report; any findings or recommendations contained in the report; uncertain regulatory scrutiny; the current state of CMKX's operations; unavailability of documentation and corporate records; benefits of the to be commenced summer drilling program; the ability to rebuild financial records; timing necessary to comply with reporting requirements; lack of adequate internal controls; unforeseen capital deficiencies; 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.


 
Posted by Ric on :
 
Yeah Acca, roflmao.

Saying a run Friday with a News Release, To stay in your safe house.

What??? - 6 months of this crap, Promising PR and a run. And people still listten to this crap. They need to pass a law that red necks can't be allowed to invest.
 
Posted by Wallace#1 on :
 
"You don't need me to discredit you Wallace. Your posts speak for themselves."

You get everything wrong, legal....including the above comment. By the way, remember that you are the one who claims to not attack personally.

I said you were "trying". Without question, you are not of the calibre to accomplish such....even if it were remotely possible, which it is not.

PS: Time for my beauty and good humor rest. Good night.
 
Posted by Doctoall on :
 
quote:
Originally posted by Ric:
http://photobucket.com/albums/v492/BadBassPlayer/cmkx%20shareholders%20pics/

If anyone wants to see what these paid pumpers look like. Willy, Sterling, Oogie, Phxgold, Urban, and more

So that is Urban in the 5th picture, nice tan but looks like he ate to many bananas [Big Grin]
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
"You don't need me to discredit you Wallace. Your posts speak for themselves."

You get everything wrong, legal....including the above comment. By the way, remember that you are the one who claims to not attack personally.

I said you were "trying". Without question, you are not of the calibre to accomplish such....even if it were remotely possible, which it is not.

PS: Time for my beauty and good humor rest. Good night.

I don't, but I will respond, personally. You get to chose the weapons for the duel. And how do you walk with that nose so high in the air. Elitism is ugly Wallace.
 
Posted by bill1352 on :
 
legal, your forgetting something in your belief that the ns is proven or that trillions are there. 1) frizzy said the numbers from the fax in count are not going to be posted. he said this before court. 2) the og numbers posted are those that paid the $25 & frizzy posted the total held in cert,400 billion give or take a few. with certs in the OG you have about 370 billion certs not in the group. proof i'm correct in this is to add 370 billion to the OG total of 302 billion. you get 672 billion. this proves 2 things, first the number of shareholders in the OG is not the number of shareholders he has counted it could be 40K, it could be 50K, it could be 10K, its not 5273. second it proves he has at least 304 billion shares faxed in because it says he has to add the certs to go over 704 billion shares. now if you get frizzy to give us the number of ppl that faxed in you might have something. personally i'd love to see a real company do this fax idea. i think its a great way to prove NSS, in fact get about 10 real companies.
 
Posted by tarq3 on :
 
May 24, 2005

Leslie Hakala
Counsel for the Division of Enforcement
Securities and Exchange Commission
5670 Wilshire Boulevard, Suite 1100
Los Angeles, CA 90036

Dear Ms Hakala:

Please forgive the presumption of an unsolicited letter but I feel
constrained to communicate with you.

I am touched by your personal story and congratulate you for
perseverance and success in the face of adversity. To the point, I
address this open letter to you both as an admirer and as a concerned
investor in several companies I believe to be illegally shorted, one
of which is currently on your agenda (CMKX). It is my hope that you
will personally resonate to what truth may be in this letter and that
moreover you will forward this to all SEC attorneys for their
independent perusal.

Most likely you are now painfully aware of the SEC's internal conflict
(s) re the emerging "Stockgate" revelations that center on electronic
counterfeiting of market securities. In your place, I would probably
feel somewhat set up and a little used. It seems SEC staff attorneys
are instructed to enforce only selective securities regulations while
well-connected superiors contravene regulations of more universal
import.

You (and most SEC staff attorneys) are no doubt aware Regulation SHO
grandfathers all past failures to deliver, effectively legitimizing
years of counterfeiting without so much as a token fine or slap on
the wrist of any entity responsible. Take your pick of entities in
the "short" chainthe DTC, Cede and Co., the NSCC, certain Market
Makers, various off-shore and domestic Hedge Funds, certain
Broker/Dealers, certain Institutional Banksnot one was taken to
task. Equally ludicrous, SHO ostensibly corrects a problem the SEC's
top brass repeatedly denies exists. This is not rocket scienceeven a
cursory review reveals this "regulation" gave the counterfeiters a
get out of jail free card despite inordinate "profits" gleaned from
selling nave investors phony shares created to dilute the value of
hundreds (maybe thousands) of targeted companies. The end game is to
dilute the targeted company out of business so the failure to cover
becomes moot; moreover the money made (translate stolen) from the
sale of the counterfeit shares is likely never reported or taxed.
With boatloads of easy money in the mix none of the participants are
anxious to make good on their failures to deliver, after all, if the
SEC's top cop doesn't care, why should they?

Most SEC staff attorneys are aware (or should be) that "top cop"
regulatory officer Annette Nazareth has long been the chief apologist
for what we now understand to be blatant counterfeiting. Under
her "watch", the illegal activity multiplied exponentially and now
appears systemic. Nazareth (and now Donaldson) would have us believe
there is no illegal naked shorting whatsoever, but if there is
perhaps just a little bit of naked shorting (wink, wink), it is
somehow necessary for the "good" of the market.

George Orwell would love all this. We also hear the SEC "conventional
wisdom" that all pink sheets are pump and dump scams in the first
place and probably 96% deserve to be put out of business. If the 4%
that do not "deserve to be put out of business" get whacked (or put
of business) in the process, that's perfectly OKkind of like
friendly fire or collateral damage and never mind the dollar loss to
the nave small investor. In reality, the percentage of "honest"
pinks is of course considerably higher than the 4% admitted by
Nazareth with damage to small investors increased proportionally.
Inexplicably, Nazareth is now recommended for a big-time promotion
instead of being sent to jail, the precise location many victimized
investors devoutly wish to see her "settle", so to speak. Fortunately
for Nazareth, she has friends in high places. Being married to the
Vice-Chairman of the Federal Reserve would seem to have advantages
despite (or maybe because of) the Fed's own apparent complicity in
this sordid affair of the naked shorts. I would imagine Annette and
Roger have lots to talk about. The Federal Reserve is guilty by
association with the Depository Trust Company, the Federal Reserve's
cash-guzzling stepchild. It is common knowledge the DTC arrogantly
scoffs at even the pretence of transparency by cavalierly refusing to
disclose short positions and transaction records germane to the
convoluted Stock Borrow Program. The whole issue of naked shorts will
remain cloudy until the DTC is forced to open its books.

Most SEC staff attorneys will soon be aware (as are you, Ms. Hakala,
through CMKX), of the growing number of outraged American investors
now convinced they have been robbed by a rigged system beholden to
big (and crooked) players cavalierly fashioning their own "rules".
Any rationalization whatsoever for continually allowing the sale of
something one does not own (and continually fails to acquire) seems
suspect at best, conspiratorial at worst. There seems to be growing
evidence of large scale, on-going failures to deliver not only in
CMKX but also in scores of other securities. I personally exchanged
several emails with one broker, Wells Fargo Securities, wherein WF
named E-trade as their broker/dealer and moreover identified them as
being short 5 million shares of GLKC with no specific time
constraints within which to cover, thus the certificate I requested
was (and still is) simply unavailable. I was surprised at Wells
Fargo's ultimate candor and, if you have an interest, I would be
delighted to send you a record of the entire (and rather
preposterous) exchange. In an attempt to gather first hand evidence
of naked shorting I had purchased a few shares of GLKC shortly after
Senator Bennett identified the company as a poster child for naked
shorts during a recent Senate Banking Committee hearing. I trust you
are aware of the Committee hearing to which I refer; Senator Bennett
attempted (unsuccessfully) to get some straight answers from Chairman
Donaldson regarding the subject phenomenon of naked shorting.
Donaldson's responses were, to be charitable, obtuse, and he was
instructed by Bennett to report back to the committee with some
answers they could understand. Might you know if a date has been set?

Most SEC staff attorneys I'm sure believe (at least in principle) the
small investor deserves a level playing field but will, for a variety
of personal reasons, continue to ignore or rationalize the "short"
issue. I pray however (and I'm not a praying man) that one or two SEC
staffers has the courage and conviction to transcend their comfort
zone, come clean and blow the whistle. It would be a real service to
working America.

Ms. Hakala, you would be the ideal whistleblower in that your center
of gravity is unquestioned. You are an extremely bright light, so
bright in fact that now, with new information, you must suspect your
employers' malfeasance in this whole sorry phenomenon. There seems to
be growing evidence of a trail of major mischief snaking in and out
the SEC's back door. I would imagine your interactions with Bill
Frizzell have been instructive and that you have become at
least "suspicious" of collusion in your own workplace, have you not?

As a major player in this drama it is likely you will (like it or
not) go down in history one way or another as the story of CMKX
(together with the Stockgate scandal) plays out. While CMKX may have
some dirty or unreported linen, in my view the counterfeiting
activity associated with Stockgate is a trillion times more egregious
(literally and figuratively) and undermines our entire economy. There
is considerable dark speculation as to where some illegal and
unregulated hedge fund profits eventually land; anti-American
interests are at the top of many lists.

Leslie (if I may presume to call you Leslie), while I don't suppose I
expect you to actually blow the whistle on SEC complicity (or will
actually forward this to fellow SEC staffers), I would love to be
pleasantly surprised. An epiphany with attendant will to action
sometimes springs from strange sources when least expected.

As an aside, one thing for surethis is Great Theater for us all and
I bet you never dreamed you would encounter the legendary
Robert "Iron Bob" Maheu. I think you would agree Mr. Maheu is a
separate reality all by himself and that just possibly he is on to
something of major import; hence his association with Urban Casavant
and CMKX.

In any event, thank you very much for reading this and allowing a
small investor like me to express his views. Needless to say I am
anxiously awaiting the next chapter in the continuing saga of "The
SEC Meets CMKX."

Regards and good health,

XXXXXX
XXXXXX
XXXXXX

Ccs: The Honorable Brenda P. Murray, Bill Frizzle, Don Stocklein
 
Posted by Wallace#1 on :
 
What a condescending letter!!!!

Wonder which group of Cult Members that came from?
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
legal, your forgetting something in your belief that the ns is proven or that trillions are there. 1) frizzy said the numbers from the fax in count are not going to be posted. he said this before court. 2) the og numbers posted are those that paid the $25 & frizzy posted the total held in cert,400 billion give or take a few. with certs in the OG you have about 370 billion certs not in the group. proof i'm correct in this is to add 370 billion to the OG total of 302 billion. you get 672 billion. this proves 2 things, first the number of shareholders in the OG is not the number of shareholders he has counted it could be 40K, it could be 50K, it could be 10K, its not 5273. second it proves he has at least 304 billion shares faxed in because it says he has to add the certs to go over 704 billion shares. now if you get frizzy to give us the number of ppl that faxed in you might have something. personally i'd love to see a real company do this fax idea. i think its a great way to prove NSS, in fact get about 10 real companies.

I'm not forgetting anything, bill. There are two numbers being counted by Frizzell. The total number of shares in the OG, and the total number of shares from statements faxed in by both members and non-members. That last total is from about 7,000 members (from yesterday's email). That number, added to the cert count from the NOBO/OBO exceeds the 703 billion.
 
Posted by Wallace#1 on :
 
"I don't, but I will respond, personally. You get to chose the weapons for the duel. And how do you walk with that nose so high in the air. Elitism is ugly Wallace."

legal, in short, "bullschit"!!!! Do as you say, not as you do, huh.
 
Posted by legaleagle on :
 
AZTM PR


http://biz.yahoo.com/bw/050525/255487.html?.v=1


Press Release Source: Aztec Mining


Aztec Mining Announces Joint Venture On Kimberlite
Wednesday May 25, 9:07 am ET


INDIANAPOLIS--(BUSINESS WIRE)--May 25, 2005--Aztec Mining (Pink Sheets:AZTM - News) is pleased to announce it has entered into an option agreement with Global Prospecting Ventures Inc. (Pink Sheets:GPVN - News) whereby Global can earn an undivided 49% interest in four mineral claims located in the Southern Mining District of Central, Saskatchewan, Canada. Global can earn this interest by completing a work program outlined in the contract which includes drilling and testing the pipe formerly known as the "Carolyn" by September 15 2005.
The claims containing the Carolyn Pipe are located in the Fort a' la Corne (FALC) forest which is the largest accumulation of diamondiferous kimberlites discovered in the world. Approximately 75% of the known kimberlites in the FALC forest have been confirmed diamondiferous and about 50% contain macrodiamonds.

A drill program has been scheduled for this summer with Ivan Young to act as the operator. The drill program will focus on the Early Joli Fou of the Carolyn Pipe. Samples will be submitted to the Saskatchewan Research Council for testing.

As part of the agreement Aztec and Global will exchange shares. Aztec at this time Aztec anticipates issuing Global's shares as a dividend to shareholders in the near future.

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


--------------------------------------------------------------------------------
Contact:
Aztec Mining
Scott Tobia, 317-566-2169
Fax: 317-566-2062
http://www.aztecmining.com
or
GLOBAL Prospecting Ventures, Inc.
Matt Hansen, 415-706-0993
Fax: 415-921-1592
www.globalprospectingventuresinc.com
 
Posted by Doctoall on :
 
quote:
Originally posted by Wallace#1:
What a condescending letter!!!!

Wonder which group of Cult Members that came from?

Wallace, they think that they are helping the cause, but actually they are insulting everyone in authority. Remember the letter they sent to the judge, I am sure the judge does. [Big Grin]
 
Posted by legaleagle on :
 
SGGM PR (Uranium)


http://www.alphatrade.com/news/stories/2005-05-25/PRN/145p5190.html


St. George Metals Announces Signing of Letter of Intent to Acquire Uranium Properties Valued at Over $200 Million on Retail Market
LAS VEGAS, May 25, 2005 /PRNewswire-FirstCall via COMTEX/ --
St. George Metals (Pink Sheets: SGGM), is pleased to announce that it has entered into a Letter of Intent to acquire all of the uranium properties owned by Mineral Energy and Technology Corporation ("MET").

SGGM has agreed to purchase, and MET has agreed to sell, all its uranium properties (as described in MET's recent Form 10-KSB). These properties consist of 33 unpatented lode mining claims in New Mexico, known as the Rio Puerco uranium mine, 10 unpatented lode mining claims in Nevada, known as the Apex uranium mine, and 29 unpatented lode mining claims in Nevada, known as the Lowboy uranium mine, and any and all future uranium unpatented lode mine claims MET may be successful in acquiring.

William Haseltine, President of SGGM, stated, "This Letter of Intent with Mineral Energy and Technology adds tremendous value to our shareholders. We are pleased to enter this due diligence period with MET, and hope to finalize this deal within 45 days".

Karl F. Meyers, President of MET, added, "We have been looking for the right partner for our company and are pleased that we have a working partner that can help us develop and produce this very lucrative uranium opportunity. We have proven uranium reserves of over 7 million pounds. Once produced, these reserves will, at the current uranium spot price of US$29, have a market value of approximately US$200,000,000."

These uranium reserves are well documented, and have been reviewed by many qualified individuals, including Mr. Samuel E. Sapper, MSC, DIC, a graduate of the College of Science, University of Baghdad and the Royal School of Mines, Imperial College of Science in London. Mr. Sapper, a highly experienced and qualified Geophysicists, has represented major companies such as Inco, Falconbridge, and Geneva Pacific and has made significant mineral discoveries worldwide. He was one of the first geologists to report Kimberlitic Pipes in the Northwest Territories of Canada.

For more information on the Uranium Mining Claims please go to: Form 10-KSB filed by Mineral Energy and Technology Corporation on December 7, 2004, at www.sec.gov .

Forward Looking Statements:
 
Posted by Wallace#1 on :
 
"Wallace, they think that they are helping the cause, but actually they are insulting everyone in authority. Remember the letter they sent to the judge, I am sure the judge does."

legal, I don't agree with the cause (NSS re CMKX), but I do agree with your observation that it does more harm than good....if not all harm.
 
Posted by ed19363 on :
 
quote:
Originally posted by Wallace#1:
What a condescending letter!!!!

Wonder which group of Cult Members that came from?

Some serious psychobabble going on there....probably too much Koolaid close to bedtime...
 
Posted by Upside on :
 
Originally posted by ed19363:
quote:
probably too much Koolaid close to bedtime...
Ever experience a koolaid hangover? Not fun at all! It feels like that fat koolaid pitcher guy is jumping up and down on your head.
 
Posted by ed19363 on :
 
Never did like the stuff even as a kid, Upside. Just sugar and water.
 
Posted by bill1352 on :
 
actually this letter legal posted is a very good letter & then at the end the kool-aide kicked in, must have had a glass while writing it. well written express's her feelings in an articulate mannor & then stamps daffy duck all over it with this paragraph.


As an aside, one thing for surethis is Great Theater for us all and
I bet you never dreamed you would encounter the legendary
Robert "Iron Bob" Maheu. I think you would agree Mr. Maheu is a
separate reality all by himself and that just possibly he is on to
something of major import; hence his association with Urban Casavant
and CMKX.
 
Posted by bill1352 on :
 
legal if frizzy is over 704 billion with the certs & street shares faxed in you might have something. now if only you could get UC to file you might have something because NSS is NOT part of the SEC problem, the judge only wants to know about it. 3 trillion shares of a shut down company aren't worth the paper they are written on.
 
Posted by Wallace#1 on :
 
That letter sounds a bit like it might have been from "agoodgirlbadgirl". If so, she's already done damage to any reference to NSS.

bill: "As an aside, one thing for surethis is Great Theater for us all..."

No matter what the diversions from the subject matter (CMKX), I would say this thread and all others have been an exceptional learning experience for everyone which is a very, very good thing.

Even I learned one or two things. LOL Don't tell legal I said that, OK, noahltl?
 
Posted by Ric on :
 
3 trillion is impossible math that I now call Frizzle Math

Well, shorting is part of the market, like it or not. Whether CMKX is naked shorted or not there is no way it is 3 trillion shares. That would have made the avg daily volume for the past 3 years 4 billion shares a day, not counting the shares that were actually traded and diluted or 8 billion shares shorted over 2 years or 12 billion shares over one year still not counting actually traded shares and diluted. And the 500 billion shares that were diluted this year would be 2 billion a day in volume. And that didn't happen. If there is a short position then we could be talking about a few 100 billion possibly. The math just isn't there for 3 trillion short.

Also if the position that was used to prove NSS was divi's which still didn't prove the 3 trillion shares shorted even if it was true. Beside we still don't know if the entire shares from the divy was issued, that could have caused the problem. Not that this company would keep secrets. lol

Another thing that disproves the 3.4 trillion Frizzle Math is the fact that it would mean the 60,000 shareholders (not sure thats true either) would own an avg of 57 million shares each. Yeah right.

The thing about the obo/nobo list is during the trading day people buy and sell a stock. If you owned the stock that day but sold and the buyer owned your shares both of you are on list. So even though you sold you shares for that day you still made the list. Second and important is the fact it is a December list per Frizzle. A lot of investors got out when the bad news hit and the koolaid drinkers bought more share. Making the koolaid drinkers shares increase while the total number of shareholders decreased.

Frizzle Math does not take into account for none of this or does it take in account that the majority, not all, but majority of mid to large share holders signed up first and the 1 million lottery holders aren't going to bother.

I think that they will prove some sort of shorts but not the numbers they are claiming. And if the were scaring the DTCC like they claim, which is funny to say the least, then wouldn't they have been buying back the shares they needed also decreasing the shareholder total by getting the weak hands shares. Oh well.
 
Posted by bill1352 on :
 
wallace i do agree...i've gotten so that i can spot dilution during that days trade among other things. look at a cmkx buddy..SGGM last know o/s was 16 million in sept. 2004. i'm sure its up from there but today i'd bet 5 million more made it into the o/s total.
 
Posted by legaleagle on :
 
FRIZZELL UPDATES

FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
(903)595-1921
E-Mail jmartin@cmkxownersgroup.com


Dear Group Members, May 25, 2005

The fax in program is going well. I want to express my sincere thanks to those that have been able to fax their info on a single page or two to the fax-in line (903-595-4249). The process is working well and our numbers continue to flow in.

As a result of your efforts, we have accumulated data that will be instrumental in assessing the actual shares purchased in this stock. We have taken some very incomplete totals and were not surprised with the results. We decided we needed further information from a couple of the brokerage houses. The letters we have sent to Ameritrade and Etrade on this date are self explanatory. Thanks for all your efforts. Keep it up.

You can see them at www.cmkxownersgroup.com

Onward,

Bill

*****************************************************************
May 25, 2005

Ameritrade, Inc.
1065 N. Ameritrade Place
Bellevue, NE 68005
Attn: Compliance Department

Re: Request for information from CMKX account holders

Dear Sir or Madam:

This law firm is representing John Martin and approximately 5,200 shareholders of CMKM Diamonds, Inc. (CMKX) in several ongoing investigations. Mr. Martin is an Ameritrade customer and current account holder. As a part of our investigations, we have requested that shareholders forward to this office a copy of the customer statements which they receive from their broker/dealers to provide evidence of their ownership in CMKX. Company management has informed the shareholders that they are attempting to meet certain financial reporting requirements and are spending significant sums of money to meet these obligations. Due to the heavy trading in CMKX in the last 18 months, we are concerned about the total number of shares that have been sold or issued in this company stock. It is important for audit purposes that the company can state accurately the correct number of shares owned by CMKX shareholders. This inquiry has not been directed by the company, but is being made by customers of Ameritrade.

We have been provided a NOBO/OBO list from the issuer with a record date of April 27, 2005. The NOBO/OBO list indicates shareholders in this stock to total 59,669. Our shareholder request campaign is in its early stages. We have received responses from approximately 7,000 shareholders. The NOBO/OBO list indicates Ameritrade has 18,060 shareholder accounts. These accounts contain 180,519,376,324 shares of CMKX stock if this NOBO/OBO list is accurate. The list was provided by ADP. We have received to date 2,593 Ameritrade statements. These statements confirm ownership of 109,213,056,640 of CMKX stock. Assuming the NOBO/OBO figures are correct we could receive as many as 15,467 statements from the remaining CMKX shareholders. The average number of shares in CMKX shareholder accounts in Ameritrade is approximately 10,000,000 shares per the NOBO/OBO. I trust you can see our concern.

1. Are the number of shares held in Ameritrade accounts reported by the NOBO/OBO accurate? If the numbers are not accurate, could you possibly explain any inaccuracies?

At an SEC hearing a couple of weeks ago, we were advised of a letter from one of the market makers in this stock that resulted from an SEC/NADA investigation into some irregular trades in CMKX. See attached Exhibit A.

2. As the attorney for John Martin and several thousand of your customers, I ask you to confirm whether or not any trades in this security were made on an ex-clearing basis through any market maker to which you are associated.

Under Regulation SHO, the DTCC is required to report open fails to deliver of stocks that meet certain threshold criteria to the SEC. [Rule 203(b)(3)] The law is well settled in Texas and most other states that broker/dealers have a fiduciary duty to their clients/customers. In furtherance of your fiduciary duty to Mr. Martin and the thousands of other Ameritrade customers I represent, please answer the following question.

3. Are there any open fails to deliver in CMKX at Ameritrade at this time?

I am attaching as Exhibit B a letter which purports to be from Ameritrade employee Tina Nauman dated May 7, 2005. The letter references a CMKX Chapter 11 bankruptcy restructuring. The letter continues to say that Ameritrade is no longer allowing customers to buy the stock but will allow it customers to sell their shares. In furtherance of your fiduciary duty to Mr. Martin and thousands of other Ameritrade customers I represent, please answer the following questions.

4. Who informed you that CMKX was involved in a bankruptcy proceeding and when did Ameritrade learn of such bankruptcy?
5. Why has Ameritrade refused to accept buy orders in CMKX stock?

I have been informed that Ameritrade owns a substantial position in Knight Trading Group, Inc. At one point in 2004, I have been told that 40% of Knights daily average share volume was in CMKX stock. Finally, in furtherance of your fiduciary duty to Mr. Martin and thousands of other Ameritrade customers I represent, please answer the following question.

6. Has Knight, in its market making capacity in CMKX stock, advised you of any substantial short position since you began brokering sales of CMKX stock?
7. Has Knight or any other market maker or broker/dealer sought your assistance in obtaining CMKX shares? If so, when did such occur?
8. Does Knight presently have any open fails to deliver in this stock? If so, what is Knights open position?

CMKM Diamonds, Inc. is under close scrutiny of the SEC at this time. Your prompt response to the inquiries presented in this letter would be appreciated by many of your customers. Feel free to call me if any questions arise surrounding this letter. I look forward to your response.

Sincerely,

Bill Frizzell
Attorney for
JohnMartin et a
CMKX Owners Group

John Martin
Don Stoecklein
Leslie Hakala
 
Posted by legaleagle on :
 
GET OUT YOUR CALCULATORS GUYS. HERE'S THE ETRADE LETTER:

May 25, 2005

Etrade Securities, LLC
Russell S. Elmer, General Counsel
671 No. Glebe Road, 11th Floor
Arlington, VA 22203

Re: Request for information from CMKX account holders

Dear Mr. Elmer:

This law firm is representing Kevin West and approximately 5,200 shareholders of CMKM Diamonds, Inc. (CMKX) in several ongoing investigations. As a part of our investigations, we have requested that shareholders forward to this office a copy of the customer statements which they receive from their broker/dealers to provide evidence of their ownership in CMKX. Company management has informed the shareholders that they are attempting to meet certain financial reporting requirements and are spending significant sums of money to meet these obligations. Due to the heavy trading in CMKX in the last 18 months, we are concerned about the total number of shares that have been sold or issued in this company stock. It is important for audit purposes that the company can state accurately the correct number of shares owned by CMKX shareholders. This inquiry has not been directed by the company, but is being made by customers of Etrade.

We have been provided a NOBO/OBO list from the issuer with a record date of April 27, 2005. Our shareholder request campaign is in its early stages. We have received responses from approximately 7,000 CMKX shareholders. The NOBO/OBO list indicates Etrade has 9,596 shareholder accounts (clients). These accounts contain 106,935,010,685 shares of CMKX stock if this NOBO/OBO list is accurate. The list was provided by ADP. We have received to date 1357 Etrade statements. These statements confirm ownership of 74,563,304,923 shares of CMKX stock. Assuming the NOBO/OBO figures are correct we could receive as many as 8,239 statements from the remaining CMKX shareholders. The average number of shares in CMKX shareholder accounts in Etrade is approximately 11,000,000 shares per the NOBO/OBO. I trust you can see our concern.

1. Are the number of shares held in Etrade accounts reported by the NOBO/OBO accurate? If the numbers are not accurate, could you possibly explain any inaccuracies?

At an SEC hearing a couple of weeks ago, we were advised of a letter from one of the market makers in this stock that resulted from an SEC/NADA investigation into some irregular trades in CMKX. See attached Exhibit A.

2. As the attorney for Kevin West and several thousand of your customers, I ask you to confirm whether or not any trades in this security were made on an ex-clearing basis through any market maker to which you are associated.

Under Regulation SHO, the DTCC is required to report to the SEC open fails to deliver of stocks that meet certain threshold criteria. [Rule 203(b)(3)] The law is well settled in Texas and most other states that broker/dealers have a fiduciary duty to their clients/customers. In furtherance of your fiduciary duty to Mr. West and the thousands of other Etrade customers I represent, please answer the following question.

3. Are there any open fails to deliver in CMKX at Etrade at this time?

I am attaching as Exhibit B a letter which purports to be from Etrade employee Ernest Tannis dated May 24, 2005. The letter references a sale of CMKX assets to USCA on or about July 18, 2005. In furtherance of your fiduciary duty to Mr. West and thousands of other Etrade customers I represent, please answer the following questions.

4. Who informed you that USCA was acquiring mineral assets of CMKX?
5. When did Etrade receive such information?

CMKM Diamonds, Inc. is under close scrutiny of the SEC at this time. Your prompt response to the inquiries presented in this letter would be appreciated by many of your customers. Feel free to call me if any questions arise surrounding this letter. I look forward to your response.

Sincerely,

Bill Frizzell
Attorney for
Kevin West et al
CMKX Owners Group
 
Posted by WinsumLosesum on :
 
U.S. Canadian Minerals Announces the Grand Opening of Its Yellow River Mining Processing Plant
Business Wire - May 25, 2005 13:48


U.S. Canadian Minerals Inc. (Pink Sheets: USCA) announced today the completion of the renovation and expansion of its Yellow River processing plant. These improvements were accomplished in less than a year from the time they were started. The facility was substantially rebuilt from the ground up with the intention of improving its productivity. The electrical system was upgraded and a new ball mill and crushing line was installed. The plant can now process ore from start to finish.

A celebration was held to mark the commencement of operations following the renovations. Several local officials and dignitaries attended the festivities, including the mayor of Portovelo. They toured the facility while employees demonstrated the newly installed equipment.

Rendal Williams, CEO of the company, stated that: "We are proud of the improvements to this plant. They have made the plant more productive and friendlier to the environment. It is now our finest facility, and we hope to upgrade our other plants in South America when our cash flow permits."

SOURCE: U.S. Canadian Minerals Inc.

U.S. Canadian Minerals Inc., Las Vegas
Rendal Williams, 702-433-8223

Copyright Business Wire 2005
 
Posted by Ric on :
 
Whats so hard to believe. That means the ones that didn't fax in there shares avg 4.5 million shares in aameritrade and 3.9 million shares in E-Trade. Frizzle still trying to say since the avg. is 20 million or whatever the avg is per broker means that the rest must have this avg. AND THATS NOT TRUE. Small holder could care less to send in numbers so I actually think a 4.5 Ameritrade an 3.9 million E-trade are higher then I expected.
 
Posted by Ric on :
 
If Frizzle would listen to what he writes then he would see his fuzzy frizzle math is wrong. He even states that per the nobo/obo that the avg E-trade holder owns 11 billion shares (AVERAGE OF ALL) well if his group that sent in shares avg. 55 million shares then that means the larger holders sent in shares and the smaller ones didn't. You can't have it both ways. Either the avg is 11 billion or it isn't. Using his theory the the shares he recieved are wrong because they are over 11 billion. So since he got the big boys to report then the rest left in E-Trade averages 3.9 billion each.


DUH Frizzle Math - the same for Ameritrade
 
Posted by Doctoall on :
 
May 25, 2005 01:48 PM US Eastern Timezone

U.S. Canadian Minerals Announces the Grand Opening of Its Yellow River Mining Processing Plant

LAS VEGAS--(BUSINESS WIRE)--May 25, 2005--U.S. Canadian Minerals Inc. (Pink Sheets: USCA) announced today the completion of the renovation and expansion of its Yellow River processing plant. These improvements were accomplished in less than a year from the time they were started. The facility was substantially rebuilt from the ground up with the intention of improving its productivity. The electrical system was upgraded and a new ball mill and crushing line was installed. The plant can now process ore from start to finish.


A celebration was held to mark the commencement of operations following the renovations. Several local officials and dignitaries attended the festivities, including the mayor of Portovelo. They toured the facility while employees demonstrated the newly installed equipment.

Rendal Williams, CEO of the company, stated that: "We are proud of the improvements to this plant. They have made the plant more productive and friendlier to the environment. It is now our finest facility, and we hope to upgrade our other plants in South America when our cash flow permits."

Contacts


U.S. Canadian Minerals Inc., Las Vegas
Rendal Williams, 702-433-8223


**** I THOUGHT THAT CMKX WAS THE OWNER******
 
Posted by ed19363 on :
 
Nobody seems to know what we own or dont own.
Still waiting for Uncle Urbie to provide a hint.
 
Posted by Upside on :
 
quote:
Nobody seems to know what we own or dont own.
Still waiting for Uncle Urbie to provide a hint.

In my opinion, in about a month or so it won't matter anyway and you'll know exactly what you own. No CMKX stock and however many shares of worthless dividend stock you currently have, that's it. Total value: $0.00
 
Posted by ed19363 on :
 
Upside, sounds prophetic to me. And right too....
 
Posted by bill1352 on :
 
well i will give frizzy credit. he is going about this the right way. i still dont believe its NS'ed to the point he thinks but who knows. the replies from both brokers concerning cmkx are quite interesting. you would think both brokers would have that kind of info confirmed before putting it in writing. maybe they don't understand the cult & its determined effort. both statements should be public knowledge & if true UC is in a world of hurt. if not both brokers are not sitting pretty, the guys writing those letters are history. to bad this cult wont put these efforts behind a honest company.
 
Posted by will on :
 
I think I know what you own. If you have any shares in CMKX I think you have 99.9...% chance of owning a company that is going to be shutdown soon. So, given that, you own nothing.

OK maybe 99.9 parts of nothing.

quote:
Originally posted by ed19363:
Nobody seems to know what we own or dont own.
Still waiting for Uncle Urbie to provide a hint.


 
Posted by Upside on :
 
.1% chance of it not being shut down Will? When did you become so optimistic?
 
Posted by Ric on :
 
Now if you want to do some real average statistics then I think having Ameritrades and E-trades total avg. of between 10-11 billion shares is a good statistical avg. That is a large population of share holders with no error of who would send in and who wouldn't send in infromation. That would make the avg holdings of 10.5 million shares for all holders including certs so that is 603 billion shares total. Still no proof there yet.
 
Posted by legaleagle on :
 
quote:
Originally posted by Upside:
quote:
Nobody seems to know what we own or dont own.
Still waiting for Uncle Urbie to provide a hint.

In my opinion, in about a month or so it won't matter anyway and you'll know exactly what you own. No CMKX stock and however many shares of worthless dividend stock you currently have, that's it. Total value: $0.00
Are you going to add IMO to that post Up?
 
Posted by Upside on :
 
Started it out that way.
 
Posted by Ric on :
 
I started to say that Upside.
 
Posted by legaleagle on :
 
quote:
Originally posted by Upside:
Started it out that way.

Ooops Up, occasionally I make a mistake. LOL
 
Posted by legaleagle on :
 
0000 0000
God of Diamonds


member is offline


Gender:
Posts: 811
Re: Frizzell/OG Update: Ameritrade/E-trade In Hot
Reply #38 on: Today at 1:28pm

--------------------------------------------------------------------------------
Hahajust take a look at these numbers that have been derived from Frizzel's latest update:


I will calculate two possible ways:

If we use the share holdings given by ADP we can see the joint holdings should be

106,935,010,685 (Etrade) + 180,519,376,324 (Ameritrade) = 287.45B

Average based on their values

Etrade:

(106,935,010,685) / (9596) = 11.143706M

Ameritrade

(180,519,376,324) / (18060) = 9.995535M


Now working out the averages using the naked fax :

Etrade:

(74,563,304,923) / (1357) = 54.947166M

Ameritrade:

(109,213,056,640) / (2593) = 42.118417M


Extrapolating these naked fax numbers (given that the number of accounts given by Ameritrade & E-trade are correct) it appears that the holdings may be:

(42.118417*18060) + (54.947166*9596) = 1.287Trillion


Now compare the 1.287Trillion with their claims of 287.45B


This is all based on if the averages hold though!


Frizzel's letter has presented these numbers and he implies in the letter that the OBO/NOBO list appears to be incorrect as the averages obtained through the naked fax campaign way above what the OBO/NOBO appears to be showing...

0000 0000
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by Upside:
Started it out that way.

Ooops Up, occasionally I make a mistake. LOL
Occasionally? [Big Grin]
 
Posted by Ric on :
 
Legal, I see someone else using Frizzle Math.

ITS WRONG
 
Posted by Ric on :
 
quote:
Originally posted by Doctoall:
quote:
Originally posted by legaleagle:
quote:
Originally posted by Upside:
Started it out that way.

Ooops Up, occasionally I make a mistake. LOL
Occasionally? [Big Grin]
Occasionally he writes something thats not a repost
 
Posted by legaleagle on :
 
Hey guys have you gotten your new scripts yet. What you are supposed to do now, is admit to the naked shorting, but blame it on the company and the TA. If you haven't received them yet, maybe you can take a lead from the "Queen of Bashers", Janice Shells:


25 May 2005, 02:23 PM EDT
Msg. 963962 of 963970
Jump to msg. #
Janice Shell post:

Posted by: janice shell
In reply to: gump90 who wrote msg# 168849 Date:5/22/2005 4:46:32 PM
Post #of 169305

There very definitely is a naked short position in that stock. But it has nothing to do with the Evil MMs or the Even More Evil Hedge Funds. It's entirely the fault of the company and the TA.

Nobody actually intended to short the stock, but, ah, they did. And now they're in one helluva mess.
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
Hey guys have you gotten your new scripts yet. What you are supposed to do now, is admit to the naked shorting, but blame it on the company and the TA. If you haven't received them yet, maybe you can take a lead from the "Queen of Bashers", Janice Shells:


25 May 2005, 02:23 PM EDT
Msg. 963962 of 963970
Jump to msg. #
Janice Shell post:

Posted by: janice shell
In reply to: gump90 who wrote msg# 168849 Date:5/22/2005 4:46:32 PM
Post #of 169305

There very definitely is a naked short position in that stock. But it has nothing to do with the Evil MMs or the Even More Evil Hedge Funds. It's entirely the fault of the company and the TA.

Nobody actually intended to short the stock, but, ah, they did. And now they're in one helluva mess.

So Urban et al are fully responsible for selling shares that they did not have, oh yes it's all coming together, or in the case of CMKX "Apart" [Big Grin] Legal we don't need new scripts we can get enough material from the crap you post.
 
Posted by Ric on :
 
No different then Fuzzy Frizzle Math - I think they got that from the 2 trillion shares the TA said was sold at the hearing(that was total from 2003 to present). But didn't get the point of that was sell/buys over time. Sorta like Frizzle can't understand that he get the larger investors to send in information first while smaller ones feel there don't matter so his numbers would have a larger avg then the general population.

FACT: when taking the National Teachers exam, 75% of the failure rate is from the math portion of the test. And thats your teachers for elementary and middle school. Some have to take the test as many as 5 times before they pass. No wonder we get people that can't understand NUMBERS.
 
Posted by bill1352 on :
 
legaleagle
Member


Member Rated:
posted May 25, 2005 14:50
--------------------------------------------------------------------------------

quote:
--------------------------------------------------------------------------------
Originally posted by Upside:
Started it out that way.
--------------------------------------------------------------------------------

Ooops Up, occasionally I make a mistake. LOL

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


i'd like to see when you got it right???
 
Posted by ed19363 on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by Upside:
Started it out that way.

Ooops Up, occasionally I make a mistake. LOL
Like CMKX....yup
 
Posted by ed19363 on :
 
I hate people who extrapolate....it always smells bad....
 
Posted by bill1352 on :
 
i wonder if there was a way to get frizzy & group to divert their efforts to a real company? 1 where you have know the o/s for a while, where insider holdings aren't a big secret. a company that doesn't need a computer to figure out the numbers of shares involved.
 
Posted by Upside on :
 
Posted by ed:
quote:
Ooops Up, occasionally I make a mistake. LOL
--------------------------------------------------------------------------------

Like CMKX....yup

Gotta admit, that one had me laughing! [Big Grin]
 
Posted by bill1352 on :
 
whats the cult going to do when ameritrade & e-trade replys that those numbers are very close to current numbers? wanna bet they call both brokers liars & come up with a wild reason why & how they are lying & some far world idea to prove their point???
 
Posted by Wallace#1 on :
 
bill, no matter what they might say, that assumes that Ameritrade/E-Trade will reply.
 
Posted by Ric on :
 
One thing that bothers me is if the NOBO/OBO list had the numbers all along then why weren't they published. Why hide these numbers? I realize they are using fuzzy frizzle math to disprove the numbers but what does the NOBO/OBO list show for a total? Why would you think 60K is correct but the totals aren't? I bet it adds up and that is why he won't release it. Because when Ameritrade and E-Trade confirm there number were reported correcty then wouldn't the rest then be considered reasonablly correct?

It obviously didn't prove NSS or he would have used it in court. Maybe people would want there $25 back.
 
Posted by Upside on :
 
I agree with what Wallace said above, my guess is they won't reply or their reply will be that they are not going to provide the information. Why should they?
 
Posted by Ric on :
 
By the way, way would people from the christian traders ever bother and read, let alone believe and repost, anyone that considers themselves God of Diamonds?
 
Posted by will on :
 
That was my first thought, Ameritrade and E*Trade are under no obligation to respond to Mr. Frizzell.
They should take the fifth like Urban has.
They might reply, but not with any answers. It will be a thank you, no thank you response.
 
Posted by Upside on :
 
Originally posted by Will:
quote:
That was my first thought, Ameritrade and E*Trade are under no obligation to respond to Mr. Frizzell.
Actually they might be if you look at the current laws surrounding fiduciary obligations between a broker and a client but until they're ordered by a court to disclose the information, they're not going to do it, in my opinion.
 
Posted by will on :
 
You could be right.
 
Posted by Upside on :
 
No, I am right.
 
Posted by Ric on :
 
Well I am left
 
Posted by Upside on :
 
Of center?
 
Posted by Wallace#1 on :
 
Up wrote: "until they're ordered by a court to disclose the information, they're not going to do it, in my opinion."

Agreed. He might just get a letter back from their attys saying confidential client/customer information will not be disclosed. If they are the least bit dirty, they MUST protect themselves as well. As you suggested, I think it would require a court order too.
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
By the way, way would people from the christian traders ever bother and read, let alone believe and repost, anyone that considers themselves God of Diamonds?

Ric, any attempt to attack the Christians, huh? Do you score more points with Wallace when you do that? The term "God of Diamonds" has nothing to do with Christian Traders, it is a level at PB 32. If you are going to attack Christians, at least get your facts straight.
 
Posted by legaleagle on :
 
Dr. Diamond Update


DrDiamond
Global Moderator


member is offline


Dr.D and Ron Casavant


Gender:
Posts: 1020
Hi Everyone. 25 may 2005
Thread started on: Today at 3:15pm

--------------------------------------------------------------------------------
Hi everyone.

I have just a minute. Just wanted to say that I believe everything is going well with CMKM Diamonds. Mr. Casavant and Mr. Maheu along with the efforts of Mr. Stoeckline and Mr. Frizzell/Owners Group are continuing to work towards a successful completion of the tasks that are at hand. Namely, the Administrative Hearing, the filings, identifying/exposing the NSS position, developing the assets, and building more shareholder value, etc

In my opinion we are filling in a lot of the voids/gaps pertaining to the necessary data that is required to be filed for 2002-2004. I believe this past 8k was informative although not relatively good or bad news. We do know for sure that we reportedly have professionals looking over our potential targets and they will set up a drilling plan for us. We all knew that the Carolyn Pipe information had to be processed through the filings and that was somewhat accomplished along with particular drilling data. However complete or incomplete the drilling data or the report is as it pertains to this particular 8k is irrelevant, IMHO. I believe it will serve all of us well to draw no conclusions until all of the data is in. The data will come as promised by Mr. Maheu, although it may not be when we want it (such as yesterday), it will come.

There is much more information to be revealed, as we all know, but I believe Mr. Maheu when he told Judge Murray that CMKM Diamonds could and would provide the necessary filings and information.

I have been spending a lot of time lately contacting President Bush, Committees, our Senators and Representatives over the last few weeks trying to draw attention to the continued manipulation of rules and regulations to skirt the issues of the NSS positions, hide the perpetrators, and promote the co-conspirators (IMO - Annette Nazareth). Please feel free to contact any and all of your representatives regularly to keep these and other issues in their mind and hopefully on their agenda.

Interesting is the stepped up effort by the DTCC, NSCC, and the SEC to hedge for any possible or probable losses from willful misconduct, gross negligence, etc along with a fresh push to do away with paper certificates and accomplish T+0 settling (also known as STP). T+3 is creating $1 billion per day in failed settles and they cant control it through their current regulatory enforcements and they want to move to a T+0 settling formula. Why? So that these NSS positions will kind of disappear in the muck of the mountain of daily fails to deliver that would be created by the T+0? Not good! IMHO

The Grandfathering of the NSS issue as passed by the SEC is not acceptable IMHO and I am spending time working to bring the crime and identify the criminals that did this (Annette Nazareth/SEC) before the Congress. Personally I believe we will be able to defeat the Grandfathering in of the NSS and hopefully show that the SEC has no authority to issue get out of jail free cards to past market manipulators or any co-conspirators within Govt agencies, not excluding the agency itself.

I have heard that the Fax Campaign is going well with the Owners Group and I do believe we need to stay on top of that by bringing our friends and relatives to the task of reporting their shares to the company through the OG.

I believe Hugo is still moving forward and I believe the trip is set for Jun 6, 2005 to Washington and Jun 7, 2005 to N.Y. I hope the best for Hugo and all that are able to join him. I have jeard that the number is upwards of 600 at this time. There are other companies that have NSS positions against them as well, and if some of you are able to contact them and let them know what is going on we may pick up a few more hundred for the trip. CMKM Diamonds is not alone in this NSS battle and we need to recruit as many like minded individuals as we can. JMHO of course.

I have been long enough, but I do appreciate the efforts by so many to do so much for others. Many have asked how I feel about CMKM Diamonds and what are chances are? I personally feel we are on track to accomplish our goals in all aspects; reporting, hearing, corporate officers, team management; directors, mining, acquisitions, development of assets in general; and increasing shareholder value whether the market shows appreciation or not in the PPS. Too, if I ever feel any differently I will let you know. I am not a paid financial advisor or market professional so please dont make any buy or sell decisions based upon my opinions.

Be well. Success is at hand.

Dr.D
 
Posted by Ric on :
 
Volume for last 52 weeks and since 500 billion shares were diluted from 3/2004 to 3/2005 then that was avg of 2 billion shares a day from dilution. Even if half to UC which I don't really beleave then pinks are doubled in volume by posting both sell and buy to volume.

CMKX CMKM DIAMONDS INC

HISTORICAL QUOTES
DATE CLOSE HIGH LOW OPEN VOLUME
05/25/04 0.0002 0.0002 0.0001 0.0002 "2,181,978,000"
05/26/04 0.0002 0.0002 0.0001 0.0002 "1,751,933,000"
05/27/04 0.0002 0.0002 0.0001 0.0002 "1,920,434,000"
05/28/04 0.0002 0.0002 0.0001 0.0002 "132,437,200"
06/01/04 0.0002 0.0003 0.0001 0.0002 "3,871,610,000"
06/02/04 0.0003 0.0003 0.0001 0.0003 "431,568,700"
06/03/04 0.0003 0.0003 0.0001 0.0003 "1,317,886,000"
06/04/04 0.0004 0.0004 0.0002 0.0003 "3,609,560,000"
06/07/04 0.0008 0.0070 0.0004 0.0006 "2,838,146,000"
06/08/04 0.0008 0.0010 0.0006 0.0009 "1,390,057,000"
06/09/04 0.0007 0.0009 0.0005 0.0008 "3,553,224,000"
06/10/04 0.0006 0.0062 0.0005 0.0007 "602,275,500"
06/14/04 0.0010 0.0012 0.0009 0.0010 "1,662,583,000"
06/15/04 0.0006 0.0011 0.0004 0.0011 "3,652,990,000"
06/16/04 0.0006 0.0060 0.0004 0.0006 "4,214,622,000"
06/17/04 0.0007 0.0007 0.0005 0.0006 "3,687,879,000"
06/18/04 0.0006 0.0007 0.0003 0.0007 "3,818,661,000"
06/21/04 0.0006 0.0007 0.0005 0.0007 "3,642,730,000"
06/22/04 0.0005 0.0060 0.0005 0.0006 "3,262,736,000"
06/23/04 0.0005 0.0006 0.0004 0.0006 "331,116,700"
06/24/04 0.0005 0.0005 0.0004 0.0005 "2,340,401,000"
06/25/04 0.0005 0.0007 0.0004 0.0005 "2,158,083,000"
06/28/04 0.0005 0.0005 0.0004 0.0005 "516,860,000"
06/29/04 0.0004 0.0005 0.0004 0.0005 "2,659,694,000"
06/30/04 0.0005 0.0050 0.0004 0.0005 "1,398,206,000"
07/01/04 0.0005 0.0005 0.0004 0.0005 "3,347,226,000"
07/02/04 0.0005 0.0040 0.0004 0.0005 "2,220,554,000"
07/06/04 0.0004 0.0005 0.0004 0.0005 "3,611,528,000"
07/07/04 0.0003 0.0005 0.0003 0.0005 "1,903,292,000"
07/08/04 0.0003 0.0004 0.0002 0.0004 "3,516,220,000"
07/09/04 0.0003 0.0003 0.0002 0.0003 "1,841,444,000"
07/12/04 0.0003 0.0004 0.0002 0.0003 "3,003,805,000"
07/13/04 0.0003 0.0003 0.0002 0.0003 "253,131,900"
07/14/04 0.0003 0.0004 0.0002 0.0003 "2,513,303,000"
07/15/04 0.0003 0.0005 0.0002 0.0003 "2,735,625,000"
07/16/04 0.0004 0.0040 0.0003 0.0004 "2,374,490,000"
07/19/04 0.0004 0.0006 0.0003 0.0004 "1,374,855,000"
07/20/04 0.0005 0.0005 0.0004 0.0004 "1,889,768,000"
07/21/04 0.0005 0.0005 0.0004 0.0005 "1,697,664,000"
07/22/04 0.0005 0.0006 0.0004 0.0005 "205,771,000"
07/23/04 0.0004 0.0006 0.0003 0.0005 "604,495,700"
07/26/04 0.0004 0.0004 0.0003 0.0004 "3,775,941,000"
07/27/04 0.0005 0.0005 0.0003 0.0004 "4,293,431,000"
07/28/04 0.0003 0.0005 0.0003 0.0005 "685,754,600"
07/29/04 0.0004 0.0005 0.0003 0.0004 "372,453,800"
07/30/04 0.0004 0.0005 0.0003 0.0004 "888,284,800"
08/02/04 0.0004 0.0004 0.0003 0.0004 "3,900,841,000"
08/03/04 0.0004 0.0004 0.0003 0.0004 "3,813,780,000"
08/04/04 0.0003 0.0004 0.0003 0.0004 "3,624,964,000"
08/05/04 0.0004 0.0004 0.0003 0.0004 "3,533,073,000"
08/06/04 0.0004 0.0004 0.0003 0.0004 "3,877,017,000"
08/09/04 0.0004 0.0040 0.0003 0.0004 "1,675,689,000"
08/10/04 0.0004 0.0004 0.0003 0.0004 "411,246,800"
08/11/04 0.0004 0.0004 0.0003 0.0004 "4,229,295,000"
08/12/04 0.0004 0.0004 0.0003 0.0004 "2,432,942,000"
08/13/04 0.0004 0.0004 0.0003 0.0004 "183,864,700"
08/16/04 0.0004 0.0004 0.0003 0.0004 "2,179,906,000"
08/17/04 0.0004 0.0004 0.0003 0.0004 "624,522,500"
08/18/04 0.0004 0.0004 0.0003 0.0004 "2,439,471,000"
08/19/04 0.0004 0.0005 0.0003 0.0003 "2,926,085,000"
08/20/04 0.0003 0.0040 0.0001 0.0004 "4,238,632,000"
08/23/04 0.0004 0.0004 0.0002 0.0004 "1,427,675,000"
08/24/04 0.0003 0.0004 0.0002 0.0004 "3,866,031,000"
08/25/04 0.0003 0.0004 0.0002 0.0003 "3,772,508,000"
08/26/04 0.0003 0.0003 0.0002 0.0003 "3,248,799,000"
08/27/04 0.0003 0.0004 0.0002 0.0003 "2,396,293,000"
08/30/04 0.0003 0.0030 0.0002 0.0003 "2,449,024,000"
08/31/04 0.0003 0.0003 0.0002 0.0003 "3,752,840,000"
09/01/04 0.0003 0.0003 0.0002 0.0003 "1,225,108,000"
09/02/04 0.0004 0.0004 0.0002 0.0003 "4,029,498,000"
09/03/04 0.0004 0.0004 0.0003 0.0004 "2,966,725,000"
09/07/04 0.0004 0.0004 0.0003 0.0004 "3,803,706,000"
09/08/04 0.0004 0.0004 0.0003 0.0004 "2,232,782,000"
09/09/04 0.0004 0.0004 0.0003 0.0004 "1,670,673,000"
09/10/04 0.0004 0.0004 0.0003 0.0004 "2,501,717,000"
09/13/04 0.0004 0.0004 0.0002 0.0004 "3,866,620,000"
09/14/04 0.0003 0.0030 0.0002 0.0004 "3,145,473,000"
09/15/04 0.0004 0.0004 0.0002 0.0003 "2,135,088,000"
09/16/04 0.0003 0.0004 0.0002 0.0004 "2,427,707,000"
09/17/04 0.0003 0.0003 0.0002 0.0003 "1,665,759,000"
09/20/04 0.0003 0.0003 0.0002 0.0003 "2,527,608,000"
09/21/04 0.0003 0.0003 0.0002 0.0003 "1,603,216,000"
09/22/04 0.0003 0.0003 0.0002 0.0003 "1,867,623,000"
09/23/04 0.0003 0.0003 0.0002 0.0003 "2,456,183,000"
09/24/04 0.0003 0.0003 0.0002 0.0003 "1,559,510,000"
09/27/04 0.0003 0.0003 0.0002 0.0003 "3,364,743,000"
09/28/04 0.0003 0.0003 0.0002 0.0003 "957,565,600"
09/29/04 0.0003 0.0003 0.0002 0.0003 "2,525,295,000"
09/30/04 0.0003 0.0003 0.0002 0.0003 "4,206,607,000"
10/01/04 0.0003 0.0003 0.0002 0.0003 "1,998,395,000"
10/04/04 0.0003 0.0003 0.0002 0.0003 "581,282,100"
10/05/04 0.0002 0.0003 0.0001 0.0003 "3,830,114,000"
10/06/04 0.0002 0.0003 0.0001 0.0003 "2,510,979,000"
10/07/04 0.0003 0.0003 0.0002 0.0002 "1,432,691,000"
10/08/04 0.0002 0.0003 0.0001 0.0003 "81,965,050"
10/11/04 0.0002 0.0003 0.0001 0.0002 "2,500,136,000"
10/12/04 0.0002 0.0002 0.0001 0.0002 "3,701,465,000"
10/13/04 0.0002 0.0003 0.0001 0.0002 "1,058,467,000"
10/14/04 0.0002 0.0002 0.0001 0.0002 "2,169,107,000"
10/15/04 0.0002 0.0002 0.0001 0.0002 "3,753,134,000"
10/18/04 0.0002 0.0003 0.0001 0.0003 "478,499,300"
10/19/04 0.0002 0.0003 0.0001 0.0002 "3,845,819,000"
10/20/04 0.0002 0.0002 0.0001 0.0002 "2,428,382,000"
10/21/04 0.0002 0.0002 0.0001 0.0002 "1,920,481,000"
10/22/04 0.0002 0.0002 0.0001 0.0002 "3,608,379,000"
10/25/04 0.0002 0.0003 0.0001 0.0002 "4,010,309,000"
10/26/04 0.0002 0.0002 0.0001 0.0002 "2,940,081,000"
10/27/04 0.0002 0.0002 0.0001 0.0002 "3,990,317,000"
10/28/04 0.0002 0.0002 0.0001 0.0002 "2,170,776,000"
10/29/04 0.0002 0.0003 0.0001 0.0002 "1,710,833,000"
11/01/04 0.0002 0.0002 0.0001 0.0002 "482,072,100"
11/02/04 0.0002 0.0002 0.0001 0.0001 "3,703,022,000"
11/03/04 0.0002 0.0003 0.0001 0.0002 "2,556,789,000"
11/04/04 0.0002 0.0002 0.0001 0.0002 "1,711,402,000"
11/05/04 0.0002 0.0020 0.0001 0.0002 "3,602,748,000"
11/08/04 0.0002 0.0002 0.0001 0.0002 "2,184,481,000"
11/09/04 0.0002 0.0002 0.0001 0.0001 "2,269,372,000"
11/10/04 0.0002 0.0020 0.0001 0.0002 "1,818,574,000"
11/11/04 0.0001 0.0002 0.0001 0.0002 "1,307,113,000"
11/12/04 0.0002 0.0002 0.0001 0.0002 "1,018,385,000"
11/15/04 0.0002 0.0020 0.0001 0.0002 "2,118,025,000"
11/16/04 0.0002 0.0003 0.0001 0.0002 "1,307,543,000"
11/17/04 0.0002 0.0003 0.0001 0.0003 "1,655,709,000"
11/18/04 0.0002 0.0002 0.0001 0.0001 "2,228,745,000"
11/19/04 0.0001 0.0003 0.0001 0.0001 "1,439,160,000"
11/22/04 0.0002 0.0002 0.0001 0.0002 "2,053,858,000"
11/23/04 0.0001 0.0002 0.0001 0.0002 "1,213,524,000"
11/24/04 0.0002 0.0002 0.0001 0.0002 "1,185,381,000"
11/26/04 0.0002 0.0002 0.0001 0.0002 "1,290,764,000"
11/29/04 0.0001 0.0002 0.0001 0.0002 "1,616,852,000"
11/30/04 0.0002 0.0017 0.0001 0.0002 "1,631,115,000"
12/01/04 0.0002 0.0002 0.0001 0.0002 "1,713,769,000"
12/02/04 0.0002 0.0002 0.0001 0.0002 "1,395,331,000"
12/03/04 0.0002 0.0002 0.0001 0.0002 "1,448,466,000"
12/06/04 0.0002 0.0002 0.0001 0.0002 "1,585,922,000"
12/07/04 0.0002 0.0002 0.0001 0.0002 "1,894,729,000"
12/08/04 0.0002 0.0002 0.0001 0.0001 "1,146,716,000"
12/09/04 0.0001 0.0002 0.0001 0.0002 "996,357,500"
12/10/04 0.0002 0.0002 0.0001 0.0002 "460,363,100"
12/13/04 0.0001 0.0002 0.0001 0.0002 "1,119,793,000"
12/14/04 0.0002 0.0002 0.0001 0.0002 "1,043,784,000"
12/15/04 0.0001 0.0002 0.0001 0.0001 "2,117,823,000"
12/16/04 0.0002 0.0002 0.0001 0.0001 "265,328,000"
12/17/04 0.0002 0.0002 0.0001 0.0002 "1,122,506,000"
12/20/04 0.0001 0.0002 0.0001 0.0002 "4,156,941,000"
12/21/04 0.0002 0.0002 0.0001 0.0002 "1,634,067,000"
12/22/04 0.0002 0.0002 0.0001 0.0002 "580,942,000"
12/23/04 0.0001 0.0002 0.0001 0.0002 "3,592,673,000"
12/27/04 0.0002 0.0002 0.0001 0.0002 "2,065,629,000"
12/28/04 0.0002 0.0002 0.0001 0.0002 "970,022,700"
12/29/04 0.0002 0.0002 0.0001 0.0002 "1,617,875,000"
12/30/04 0.0001 0.0002 0.0001 0.0002 "3,742,786,000"
12/31/04 0.0002 0.0020 0.0001 0.0002 "2,637,489,000"
01/03/05 0.0002 0.0002 0.0001 0.0002 "4,269,940,000"
01/04/05 0.0002 0.0002 0.0001 0.0001 "3,981,335,000"
01/05/05 0.0001 0.0002 0.0001 0.0002 "594,677,400"
01/06/05 0.0002 0.0002 0.0001 0.0002 "943,057,000"
01/07/05 0.0002 0.0002 0.0001 0.0002 "778,090,000"
01/10/05 0.0002 0.0002 0.0001 0.0002 "1,842,619,000"
01/11/05 0.0002 0.0002 0.0001 0.0002 "1,623,629,000"
01/12/05 0.0002 0.0002 0.0001 0.0002 "3,497,923,000"
01/13/05 0.0002 0.0002 0.0001 0.0002 "749,084,700"
01/14/05 0.0002 0.0002 0.0001 0.0002 "1,992,100,000"
01/18/05 0.0002 0.0002 0.0001 0.0002 "2,634,022,000"
01/19/05 0.0002 0.0002 0.0001 0.0002 "2,140,716,000"
01/20/05 0.0001 0.0009 0.0001 0.0002 "322,804,400"
01/21/05 0.0002 0.0002 0.0001 0.0002 "2,936,599,000"
01/24/05 0.0002 0.0002 0.0001 0.0002 "1,892,773,000"
01/25/05 0.0002 0.0002 0.0001 0.0001 "1,213,719,000"
01/26/05 0.0002 0.0002 0.0001 0.0002 "1,229,962,000"
01/27/05 0.0002 0.0002 0.0001 0.0002 "1,721,293,000"
01/28/05 0.0001 0.0002 0.0001 0.0002 "2,341,315,000"
01/31/05 0.0002 0.0003 0.0001 0.0001 "2,103,751,000"
02/01/05 0.0002 0.0002 0.0001 0.0002 "994,939,100"
02/02/05 0.0002 0.0002 0.0001 0.0002 "1,566,014,000"
02/03/05 0.0002 0.0002 0.0001 0.0002 "2,914,884,000"
02/04/05 0.0002 0.0002 0.0001 0.0002 "554,289,600"
02/07/05 0.0002 0.0002 0.0001 0.0002 "1,637,561,000"
02/08/05 0.0002 0.0002 0.0001 0.0002 "1,402,422,000"
02/09/05 0.0002 0.0002 0.0001 0.0002 "1,423,389,000"
02/10/05 0.0002 0.0002 0.0001 0.0002 "1,297,041,000"
02/11/05 0.0002 0.0002 0.0001 0.0002 "1,994,381,000"
02/14/05 0.0001 0.0002 0.0001 0.0002 "3,359,105,000"
02/15/05 0.0002 0.0002 0.0001 0.0001 "1,768,460,000"
02/16/05 0.0002 0.0002 0.0001 0.0002 "1,971,988,000"
02/17/05 0.0001 0.0002 0.0001 0.0002 "1,489,190,000"
02/18/05 0.0002 0.0002 0.0001 0.0002 "3,447,242,000"
02/22/05 0.0001 0.0002 0.0001 0.0002 "2,461,842,000"
02/23/05 0.0002 0.0002 0.0001 0.0001 "1,175,448,000"
02/24/05 0.0001 0.0002 0.0001 0.0002 "1,635,356,000"
02/25/05 0.0001 0.0002 0.0001 0.0002 "3,053,550,000"
02/28/05 0.0002 0.0002 0.0001 0.0001 "1,585,789,000"
03/01/05 0.0002 0.0002 0.0001 0.0001 "76,216,700"
03/02/05 0.0002 0.0002 0.0001 0.0002 "3,236,485,000"
03/03/05 0.0002 0.0002 0.0002 0.0002 "5,000,000"
03/04/05 0.0002 0.0002 0.0002 0.0002 0
03/07/05 0.0002 0.0002 0.0002 0.0002 0
03/08/05 0.0002 0.0002 0.0002 0.0002 0
03/09/05 0.0002 0.0002 0.0002 0.0002 0
03/10/05 0.0002 0.0002 0.0002 0.0002 0
03/11/05 0.0002 0.0002 0.0002 0.0002 0
03/14/05 0.0002 0.0002 0.0002 0.0002 0
03/15/05 0.0002 0.0002 0.0002 0.0002 0
03/16/05 0.0002 0.0002 0.0002 0.0002 0
03/17/05 0.0001 0.0002 0.0001 0.0002 "4,064,381,000"
03/18/05 0.0002 0.0002 0.0001 0.0002 "3,303,173,000"
03/21/05 0.0002 0.0002 0.0001 0.0002 "1,399,590,000"
03/22/05 0.0001 0.0002 0.0001 0.0002 "2,083,966,000"
03/23/05 0.0001 0.0002 0.0001 0.0001 "1,757,974,000"
03/24/05 0.0001 0.0002 0.0001 0.0002 "3,057,136,000"
03/28/05 0.0001 0.0002 0.0001 0.0001 "1,663,684,000"
03/29/05 0.0001 0.0002 0.0001 0.0001 "1,860,766,000"
03/30/05 0.0001 0.0002 0.0001 0.0001 "3,512,233,000"
03/31/05 0.0001 0.0002 0.0001 0.0001 "2,871,548,000"
04/01/05 0.0001 0.0002 0.0001 0.0001 "1,647,991,000"
04/04/05 0.0001 0.0002 0.0001 0.0001 "1,661,128,000"
04/05/05 0.0001 0.0001 0.0001 0.0001 "1,223,159,000"
04/06/05 0.0001 0.0001 0.0001 0.0001 "759,414,100"
04/07/05 0.0001 0.0001 0.0001 0.0001 "2,388,212,000"
04/08/05 0.0001 0.0001 0.0001 0.0001 "1,248,549,000"
04/11/05 0.0001 0.0001 0.0001 0.0001 "2,350,479,000"
04/12/05 0.0001 0.0001 0.0001 0.0001 "951,830,600"
04/13/05 0.0001 0.0006 0.0001 0.0001 "3,458,662,000"
04/14/05 0.0001 0.0001 0.0001 0.0001 "683,975,900"
04/15/05 0.0001 0.0001 0.0001 0.0001 "934,034,500"
04/18/05 0.0001 0.0001 0.0001 0.0001 "1,017,828,000"
04/19/05 0.0001 0.0001 0.0001 0.0001 "2,356,731,000"
04/20/05 0.0001 0.0001 0.0001 0.0001 "1,714,236,000"
04/21/05 0.0001 0.0001 0.0001 0.0001 "3,749,739,000"
04/22/05 0.0001 0.0001 0.0001 0.0001 "3,424,080,000"
04/25/05 0.0001 0.0001 0.0001 0.0001 "2,149,660,000"
04/26/05 0.0001 0.0001 0.0001 0.0001 "3,634,942,000"
04/27/05 0.0001 0.0001 0.0001 0.0001 "3,946,655,000"
04/28/05 0.0001 0.0001 0.0001 0.0001 "1,533,164,000"
04/29/05 0.0001 0.0001 0.0001 0.0001 "2,721,273,000"
05/02/05 0.0001 0.0001 0.0001 0.0001 "2,792,345,000"
05/03/05 0.0001 0.0006 0.0001 0.0001 "1,693,096,000"
05/04/05 0.0001 0.0001 0.0001 0.0001 "2,306,535,000"
05/05/05 0.0001 0.0001 0.0001 0.0001 "1,594,022,000"
05/06/05 0.0001 0.0001 0.0001 0.0001 "3,201,687,000"
05/09/05 0.0001 0.0001 0.0001 0.0001 "3,141,553,000"
05/10/05 0.0001 0.0001 0.0001 0.0001 "2,326,978,000"
05/11/05 0.0001 0.0001 0.0001 0.0001 "1,569,161,000"
05/12/05 0.0001 0.0001 0.0001 0.0001 "929,380,400"
05/13/05 0.0001 0.0001 0.0001 0.0001 "972,717,200"
05/16/05 0.0001 0.0001 0.0001 0.0001 "1,682,579,000"
05/17/05 0.0001 0.0001 0.0001 0.0001 "1,136,184,000"
05/18/05 0.0001 0.0001 0.0001 0.0001 "1,387,256,000"
05/19/05 0.0001 0.0001 0.0001 0.0001 "919,678,100"
05/20/05 0.0001 0.0001 0.0001 0.0001 "1,070,963,000"
05/23/05 0.0001 0.0001 0.0001 0.0001 "450,768,000"
05/24/05 0.0001 0.0001 0.0001 0.0001 "426,864,900"
 
Posted by Ric on :
 
I knew where it was from. But you promote there site with your repost all the time.

quote:
Originally posted by legaleagle:
quote:
Originally posted by Ric:
By the way, way would people from the christian traders ever bother and read, let alone believe and repost, anyone that considers themselves God of Diamonds?

Ric, any attempt to attack the Christians, huh? Do you score more points with Wallace when you do that? The term "God of Diamonds" has nothing to do with Christian Traders, it is a level at PB 32. If you are going to attack Christians, at least get your facts straight.

 
Posted by bill1352 on :
 
i'm not real sure what either ameritrades or e-trades answer might be but i think 1 regulation that needs installing is no brokers or mm's can be in the same company or invest in each other. we pay our brokers to be the middlemen between us & the mm's. both can see a lot more of the picture then we can. its like built-in insider info. the mm's knew long before we did just how bad UC was dumping shares into the market. our brokers did too or they should have by the number of shares showing up in accounts. ameritrade has a big investment in nite, if nite is short on any stock do you think they will expose it? a large group of shareholders asks for info on any given stock it can be given without exposing each investor or any personal info so by rights it should be no problem for frizzy to get. cmkx is probably short 100 billion or so but who cares...any company that issues 704 billion shares into the o/s is headed for the toilet to be flushed, i dont care if UC owns 51% its still sewer time. there will never be any company value. if the company doesn't care what they are doing to their shareholder value why should the mm's?
 
Posted by bill1352 on :
 
ya forgot the 111 billion that jeff never posted to the tape...lol...if you do a running count of the shares Ric just posted & this includes some rounding of anything under 1 billion so its not to the share but close you get, including 111 billion jeff did not post to tape 492 billion shares. thats total traded over the last yr. when the form 15 was filed the o/s was 7.5 billion. so there is 1 yrs of trading missing.if UC took most of the last 279 billion added to the o/s so that he got divys in USCA i'd say the NS has a long way to go to prove any great short.

[ May 25, 2005, 18:59: Message edited by: bill1352 ]
 
Posted by Ric on :
 
I just donwloaded the same chart as above but back to 2003. The total volume from 1/27/2003 till now was only 768 billion shares.

This one was by week.


CMKX CMKM DIAMONDS INC

HISTORICAL QUOTES
DATE CLOSE HIGH LOW OPEN VOLUME
01/27/03 0.0039 0.0044 0.0035 0.0041 "64,455,000"
02/03/03 0.0011 0.0039 0.0010 0.0039 "378,115,800"
02/10/03 0.0015 0.0022 0.0010 0.0010 "496,409,800"
02/17/03 0.0011 0.0018 0.0010 0.0017 "268,891,000"
02/24/03 0.0008 0.0012 0.0007 0.0011 "518,664,000"
03/03/03 0.0006 0.0009 0.0006 0.0009 "524,302,200"
03/10/03 0.0005 0.0007 0.0002 0.0007 "875,727,400"
03/17/03 0.0003 0.0006 0.0002 0.0005 "468,557,800"
03/24/03 0.0002 0.0004 0.0002 0.0003 "480,539,000"
03/31/03 0.0003 0.0003 0.0002 0.0003 "271,155,600"
04/07/03 0.0002 0.0003 0.0002 0.0003 "195,220,400"
04/14/03 0.0002 0.0003 0.0002 0.0004 "356,187,000"
04/21/03 0.0002 0.0003 0.0002 0.0003 "235,755,400"
04/28/03 0.0002 0.0003 0.0002 0.0002 "90,685,000"
05/05/03 0.0002 0.0003 0.0002 0.0002 "146,222,200"
05/12/03 0.0002 0.0003 0.0002 0.0002 "249,264,200"
05/19/03 0.0002 0.0003 0.0001 0.0003 "84,134,200"
05/26/03 0.0002 0.0030 0.0001 0.0003 "228,355,400"
06/02/03 0.0004 0.0007 0.0001 0.0002 "61,089,600"
06/09/03 0.0002 0.0007 0.0002 0.0006 "89,353,200"
06/16/03 0.0002 0.0004 0.0001 0.0001 "112,517,800"
06/23/03 0.0001 0.0003 0.0002 0.0003 "30,594,600"
06/30/03 0.0004 0.0004 0.0002 0.0001 "35,262,400"
07/07/03 0.0003 0.0004 0.0002 0.0002 "49,007,000"
07/14/03 0.0003 0.0003 0.0002 0.0001 "11,588,200"
07/21/03 0.0003 0.0003 0.0002 0.0003 "87,309,200"
07/28/03 0.0003 0.0003 0.0002 0.0001 "24,185,800"
08/04/03 0.0002 0.0004 0.0001 0.0003 "716,799,600"
08/11/03 0.0002 0.0003 0.0001 0.0003 "465,741,000"
08/18/03 0.0002 0.0003 0.0001 0.0001 "1,200,599,000"
08/25/03 0.0001 0.0002 0.0001 0.0002 "3,017,582,000"
09/01/03 0.0001 0.0010 0.0001 0.0001 "3,565,516,000"
09/08/03 0.0001 0.0002 0.0001 0.0001 "5,048,206,000"
09/15/03 0.0001 0.0001 0.0001 0.0001 "5,381,616,000"
09/22/03 0.0001 0.0001 0.0001 0.0001 "3,340,215,000"
09/29/03 0.0002 0.0002 0.0001 0.0001 "4,262,889,000"
10/06/03 0.0002 0.0020 0.0001 0.0002 "830,503,300"
10/13/03 0.0002 0.0002 0.0001 0.0002 "3,948,988,000"
10/20/03 0.0001 0.0002 0.0001 0.0002 "9,341,965,000"
10/27/03 0.0001 0.0001 0.0001 0.0001 "4,451,875,000"
11/03/03 0.0001 0.0001 0.0001 0.0001 "2,354,275,000"
11/10/03 0.0001 0.0001 0.0001 0.0001 "3,353,528,000"
11/17/03 0.0001 0.0001 0.0001 0.0001 "3,662,289,000"
11/24/03 0.0001 0.0001 0.0001 0.0001 "1,235,792,000"
12/01/03 0.0002 0.0002 0.0001 0.0001 "7,026,238,000"
12/08/03 0.0002 0.0002 0.0001 0.0002 "7,082,376,000"
12/15/03 0.0001 0.0002 0.0001 0.0002 "8,656,603,000"
12/22/03 0.0001 0.0008 0.0001 0.0001 "801,276,900"
12/29/03 0.0001 0.0001 0.0001 0.0001 "1,943,857,000"
01/05/04 0.0001 0.0008 0.0001 0.0001 "4,900,489,000"
01/12/04 0.0001 0.0001 0.0001 0.0001 "3,149,482,000"
01/19/04 0.0001 0.0001 0.0001 0.0001 "3,055,825,000"
01/26/04 0.0001 0.0007 0.0001 0.0001 "4,331,533,000"
02/02/04 0.0001 0.0001 0.0001 0.0001 "6,879,210,000"
02/09/04 0.0002 0.0004 0.0001 0.0001 "7,802,315,000"
02/16/04 0.0002 0.0010 0.0001 0.0002 "10,274,000,000"
02/23/04 0.0001 0.0002 0.0001 0.0002 "13,082,670,000"
03/01/04 0.0001 0.0004 0.0001 0.0002 "12,422,310,000"
03/08/04 0.0001 0.0009 0.0001 0.0001 "7,321,532,000"
03/15/04 0.0001 0.0001 0.0001 0.0001 "10,830,460,000"
03/22/04 0.0001 0.0001 0.0001 0.0001 "9,664,527,000"
03/29/04 0.0001 0.0007 0.0001 0.0001 "8,077,489,000"
04/05/04 0.0001 0.0002 0.0001 0.0001 "9,079,831,000"
04/12/04 0.0001 0.0009 0.0001 0.0001 "13,030,210,000"
04/19/04 0.0001 0.0001 0.0001 0.0001 "11,511,390,000"
04/26/04 0.0001 0.0090 0.0001 0.0001 "13,691,980,000"
05/03/04 0.0002 0.0010 0.0001 0.0001 "13,689,600,000"
05/10/04 0.0002 0.0010 0.0001 0.0002 "8,323,553,000"
05/17/04 0.0001 0.0002 0.0001 0.0002 "9,917,049,000"
05/24/04 0.0002 0.0002 0.0001 0.0002 "7,032,998,000"
05/31/04 0.0004 0.0004 0.0001 0.0002 "9,230,625,000"
06/07/04 0.0006 0.0070 0.0004 0.0006 "8,383,703,000"
06/14/04 0.0006 0.0060 0.0003 0.0010 "17,036,730,000"
06/21/04 0.0005 0.0060 0.0004 0.0007 "11,735,070,000"
06/28/04 0.0005 0.0050 0.0004 0.0005 "10,142,540,000"
07/05/04 0.0003 0.0005 0.0002 0.0005 "10,872,480,000"
07/12/04 0.0004 0.0040 0.0002 0.0003 "10,880,360,000"
07/19/04 0.0004 0.0006 0.0003 0.0004 "5,772,553,000"
07/26/04 0.0004 0.0005 0.0003 0.0004 "10,015,860,000"
08/02/04 0.0004 0.0004 0.0003 0.0004 "18,749,680,000"
08/09/04 0.0004 0.0040 0.0003 0.0004 "8,933,038,000"
08/16/04 0.0003 0.0040 0.0001 0.0004 "12,408,620,000"
08/23/04 0.0003 0.0004 0.0002 0.0004 "14,711,310,000"
09/06/04 0.0004 0.0004 0.0003 0.0004 "10,208,880,000"
09/13/04 0.0003 0.0030 0.0002 0.0004 "13,240,650,000"
09/20/04 0.0003 0.0003 0.0002 0.0003 "10,014,140,000"
09/27/04 0.0003 0.0003 0.0002 0.0003 "13,052,610,000"
10/04/04 0.0002 0.0003 0.0001 0.0003 "8,437,031,000"
10/11/04 0.0002 0.0003 0.0001 0.0002 "13,182,310,000"
10/18/04 0.0002 0.0003 0.0001 0.0003 "12,281,560,000"
10/25/04 0.0002 0.0003 0.0001 0.0002 "14,822,320,000"
11/01/04 0.0002 0.0020 0.0001 0.0002 "12,056,030,000"
11/08/04 0.0002 0.0020 0.0001 0.0002 "8,597,924,000"
11/15/04 0.0001 0.0020 0.0001 0.0002 "8,749,182,000"
11/22/04 0.0002 0.0002 0.0001 0.0002 "5,743,528,000"
11/29/04 0.0002 0.0017 0.0001 0.0002 "7,805,532,000"
12/06/04 0.0002 0.0002 0.0001 0.0002 "6,084,088,000"
12/13/04 0.0002 0.0002 0.0001 0.0002 "5,669,234,000"
12/20/04 0.0001 0.0002 0.0001 0.0002 "9,964,623,000"
12/27/04 0.0002 0.0020 0.0001 0.0002 "11,033,800,000"
01/03/05 0.0002 0.0002 0.0001 0.0002 "10,567,100,000"
01/10/05 0.0002 0.0002 0.0001 0.0002 "9,705,355,000"
01/17/05 0.0002 0.0009 0.0001 0.0002 "8,034,141,000"
01/24/05 0.0001 0.0002 0.0001 0.0002 "8,399,062,000"
01/31/05 0.0002 0.0003 0.0001 0.0001 "8,133,878,000"
02/07/05 0.0002 0.0002 0.0001 0.0002 "7,754,794,000"
02/14/05 0.0002 0.0002 0.0001 0.0002 "12,035,980,000"
02/21/05 0.0001 0.0002 0.0001 0.0002 "8,326,196,000"
02/28/05 0.0002 0.0002 0.0001 0.0001 "4,903,491,000"
03/07/05 0.0002 0.0002 0.0002 0.0002 0
03/14/05 0.0002 0.0002 0.0001 0.0002 "7,367,555,000"
03/21/05 0.0001 0.0002 0.0001 0.0002 "8,298,666,000"
03/28/05 0.0001 0.0002 0.0001 0.0001 "11,556,220,000"
04/04/05 0.0001 0.0002 0.0001 0.0001 "7,280,463,000"
04/11/05 0.0001 0.0006 0.0001 0.0001 "8,378,981,000"
04/18/05 0.0001 0.0001 0.0001 0.0001 "12,262,610,000"
04/25/05 0.0001 0.0001 0.0001 0.0001 "13,985,690,000"
05/02/05 0.0001 0.0006 0.0001 0.0001 "11,587,680,000"
05/09/05 0.0001 0.0001 0.0001 0.0001 "8,939,788,000"
05/16/05 0.0001 0.0001 0.0001 0.0001 "6,196,660,000"
Total Volume "769,721,053,000"
 
Posted by Wallace#1 on :
 
As per legal:
"Ric, any attempt to attack the Christians, huh? Do you score more points with Wallace when you do that?"
--------------------

You certainly are paranoid, legal. I don't attack Christians. I do attack any approach to use Christianity as a cause to purchase stock.

I attack stupidity. I attack pumping. I attack using religion as a ploy to entice others to buy stock. I attack a cult attitude. I attack a lack of reality. I attack ignoring and a lack of reading the true facts. I attack distortion, diversion, spinning and twisting of information.

Last, but not least legal, I attack your ignorance in making a statement such as the one above.

PS: Of course, legal, by now I know exactly what to expect from you and your limited abilities.
 
Posted by Ric on :
 
The above numbers show a weekly avg. of 6,414,342,108 which is an avg. of 1.3 billion sharestraded per day since 2003. Even adding in Jeff unreported it only 1.4 billion share avg daily. And still just 100 billion share over o/s for total volume in 3 years. And that includes the unreported shares to tape.
 
Posted by bill1352 on :
 
but Ric you know they are lying, why i bet the SEC has ordered those records changed & i even bet 20 more brokers failed to add at least 111 billion to tape each. remember jeff is a cmkx buddy so he didn't mess with cmkx to the extent that others did...lol
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
As per legal:
"Ric, any attempt to attack the Christians, huh? Do you score more points with Wallace when you do that?"
--------------------

You certainly are paranoid, legal. I don't attack Christians. I do attack any approach to use Christianity as a cause to purchase stock.

I attack stupidity. I attack pumping. I attack using religion as a ploy to entice others to buy stock. I attack a cult attitude. I attack a lack of reality. I attack ignoring and a lack of reading the true facts. I attack distortion, diversion, spinning and twisting of information.

Last, but not least legal, I attack your ignorance in making a statement such as the one above.

PS: Of course, legal, by now I know exactly what to expect from you and your limited abilities.

Too late to try and explain your bigotry Wallace, too many have read it.
 
Posted by Ric on :
 
500 billion dilution

2004 volume averages

518,451,564,000 total volume for 2004
9,970,222,385 Avg weekly volume for 2004
1,994,044,477 Avg daily volume for 2004

Jeff unreported to big tape

111,000,000,000
2,134,615,385 weekly
426,923,077 daily

Total added together

629,451,564,000 total volume 2004 plus Jeff
12,104,837,770 avg weekly volume
2,420,967,554 avg daily volume
 
Posted by SmokingUSA on :
 
ADDING and REPLACING U.S. Canadian Minerals Announces the Grand Opening of Its Yellow River Mining Processing Plant
via COMTEX

May 25, 2005

Add in the second graph at the end of the first sentence after mayor of Portovelo: and from the American Shaft, the CEO of CMKX Diamonds, Mr. Urban Casavant (Pink Sheets: CMKX).

Also add after last graph of release: 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.

The corrected release reads:

U.S. CANADIAN MINERALS ANNOUNCES THE GRAND OPENING OF ITS YELLOW RIVER MINING PROCESSING PLANT

U.S. Canadian Minerals Inc. (Pink Sheets: USCA) announced today the completion of the renovation and expansion of its Yellow River processing plant. These improvements were accomplished in less than a year from the time they were started. The facility was substantially rebuilt from the ground up with the intention of improving its productivity. The electrical system was upgraded and a new ball mill and crushing line was installed. The plant can now process ore from start to finish.

A celebration was held to mark the commencement of operations following the renovations. Several local officials and dignitaries attended the festivities, including the mayor of Portovelo and from the American Shaft, the CEO of CMKX Diamonds, Mr. Urban Casavant (Pink Sheets: CMKX). They toured the facility while employees demonstrated the newly installed equipment.

Rendal Williams, CEO of the company, stated that: "We are proud of the improvements to this plant. They have made the plant more productive and friendlier to the environment. It is now our finest facility, and we hope to upgrade our other plants in South America when our cash flow permits."

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

SOURCE: U.S. Canadian Minerals Inc.

U.S. Canadian Minerals Inc., Las Vegas Rendal Williams, 702-433-8223
Copyright Business Wire 2005
 
Posted by bill1352 on :
 
Ric seriously, your an unkind soul. trying to use real numbers, facts & real world math to destroy the last hope the cult has. i mean UC diluted their life giving stock into oblivion. he ran the company as if it was his private bank account with no concern for the shareholder. the cult has withstood drug induced theories about 100's of billions of dollars in valuation. they have gone to great lengths to make up a dreamworld in which cmkx is a stock god that can leap mountains of shares with a single kimberlite pipe. now down to their last hope a couple trillion NS & you go & bring up trading volume records....unkind, really unkind...lol
 
Posted by Upside on :
 
Keep bashing guys. Just remember, it's always darkest right before the dawn.
 
Posted by Ric on :
 
I still hard to believe that Frizzle doesn't see the numbers here. I truely believe he is either drinking the koolaid or setting up for the aftermath class action. I just find it hard to believe that a lawyer is that dumb but then again he represents cmkx so anything can happen. Might just be following the lead of the cult and making them happy for the money.

quote:
Originally posted by Ric:
Whats so hard to believe. That means the ones that didn't fax in there shares avg 4.5 million shares in Ameritrade and 3.9 million shares in E-Trade. Fuzzy Frizzle Math is trying to say since the koolaid drinkers that sent in faxes have a average of 50 billion then the rest must have the same average. AND THATS NOT TRUE. Small holder could care less to send in numbers so I actually think a 4.5 Ameritrade an 3.9 million E-trade are higher then I expected.

E-trade states that per the nobo/obo that the avg E-trade holder owns 11 billion shares (AVERAGE OF ALL) well if his group that sent in shares avg. 55 million shares then that means the larger holders sent in shares and the smaller ones didn't. So since he got the big boys to report then the rest left in E-Trade averages 3.9 billion each.


DUH Fuzzy Frizzle Math - the same for Ameritrade


 
Posted by Ric on :
 
What I would like to know is if Frizzle has had the total shares from the NOBO/OBO list then why hasn't he released it. I mean the group is paying him, why is he keeping secrets. I thought he only had the 60K number not the actual shares with that number. Why isn't anyone demanding that number???????
 
Posted by Ric on :
 
A post from RB worth reposting, lol

By: otis.campbell
25 May 2005, 11:51 PM EDT
Msg. 965045 of 965045
Jump to msg. #
I was sitting in a bar watching the 11 o'clock news, and a guy is standing on a roof getting ready to commit suicide, A CMKM stockholder walks over and bets me 50 bucks that he won't jump. I take the bet, the guy jumps, he hands me the fifty very upset. I asked why he was so pizzed? He said he saw this on the 6 o'clock news, and never thought the guy would jump again.
 
Posted by glassman on :
 
RIC:

I just donwloaded the same chart as above but back to 2003. The total volume from 1/27/2003 till now was only 768 billion shares.


glassman:

you know RIC, i did the numbers with them last summer too... there just aren't enough volumes to support the TRILLIONS NS, the funny part? while they were claiming the trillions in naked shorts? UC raised the AS and dumped another couple hundred billion on 'em.....
 
Posted by bill1352 on :
 
lol Ric...the t/a said about 2 trillion had traded in court but that could be counting each time a single share had been bought & sold. the tape has 1 number & the t/a another. when a company is dumping shares into the market it messes everything up. 1 of the reasons the OTC & pinks on the SHO list aren't always correct. the list is based on last known o/s but if the company is dumping shares it throws the whole thing off. then ya have the moron dumpers like SGGM...they have news that should run the stock at least 50% today & what do they do? dump shares holding the pps down. the stock trades 500K a day, today it trades 8 million on great news but at least 5 million are shares dumped into the o/s instead of letting the news push the pps up a day or 2 before the share dump. some of these morons should at least read a book on the stock market before they try running a company.
 
Posted by Ric on :
 
I actually thought about that too bill. I just wonder if UC maybe paid Jeff and others to not report to tape any of the dilution. I mean by under reporting volume then the pps could remain high while the dilution was happening and if UC gave shares to the MM's to hide the dilution then they would want to help out. Just a thought because you would think that in two years that there would be more trading going on then just buying the o/s cause even with Jeff's shares added in then thats still only 878 billion shares of volume in 2 years and most stocks trade a lot more then o/s in a year. Actually with this o/s, I would think 2 trillion in 2 1/2 years sounds closer to being right.

NSS still not proven and I want to know what the total is of the NOBO/OBO. I would think that there would be some short shares. Its common in the market to have some. I think Frizzle could prove 900 billion (total with o/s) and it wouldn't surprise me a bit. But with the Dilution that UC did, no short is possible too.

[ May 26, 2005, 00:49: Message edited by: Ric ]
 
Posted by Ktrain420 on :
 
GET UM BOYYYYYYYYYYYZZZZZZZZZZZ!!!!

WHOOOOOOOOOOOOOOOOOOHOOOOOOOOO!!

EVENIN' BILL AND RIC!!!
 
Posted by Ric on :
 
Hey K, Hope your making a killing. Been a slow week for me. Hopefully after the holidays there will be some great runs going on. Hate I don't get to trade on Tuesdays and Thursdays, wifes dialysis. Seems I miss some good ones on those days so you should make a bunch tomorrow, lol.
 
Posted by Ktrain420 on :
 
sup Ric......i hope you and your wife are ok.......my best day in tradin' is Tuesday, that i have found .......i've had a few thing's to take care of this week so i have not been tradin' to much, but i'll be back on full time tommorrow.......just wanted to say what up ....and Ric i hope all is well with the wife and all......
 
Posted by bullish_pennystocks on :
 
by memorial day we may know the answers to many puzzles.
 
Posted by kissme on :
 
Guys: CMKX is NSS'd in trillions. That's TRUE !!!
Watch what will be coming from the law firm...
 
Posted by bill1352 on :
 
well kissme...they are going to need other numbers then those reported to tape.

actually i thought there were a bunch of days when volume was around 5 or 6 billion. but then when you figure jeff not getting his volume reported & thus many days would be higher. it could equal those missing 5 & 6 billion days. with those totals from tape i would think a few other mm's missed reporting some volume to tape no system is set up to count billions of 1 stock per day & that total volume number with a 704 billion o/s should be a great deal higher, at least double.
 
Posted by legaleagle on :
 
Lookin' like the old days this morning. 100 million shares traded, pre-market.
 
Posted by Ric on :
 
Bullish, what happens when Accadacca's Memorial day weekend prediction doesn't happen. I mean all his other predictions have failed. I find it funny that people still follow that wack job and believe what he says. You think Willy wacka will stop promoting this jerk when another one of his predictions flop. Of course not, he that passes out the koolaid can never truely be wrong.
 
Posted by Ric on :
 
Yeah Legal, I heard a rumor that UC had raised A/S again and was starting a new round of dilution before his doors get shut. Since you or me can't trade pinks/greys before market then it must be a insider trade. Can we say one trillion shares before revoked. Because no matter hat you think about NSS, this is a filing issue. They don't file by the 30th of June they will be revoked.

See Acca and Willy are telling people to hold tight till after Memorial Day. There will big News. Now the rumor is that while they are telling you to hold tight and great news is coming a dump was to suppose to happen today and tomorrow. Well we will ee. Just watch the volume. Glad some brokers were smart enough to protect there clients from buying this scam.

[ May 26, 2005, 10:13: Message edited by: Ric ]
 
Posted by Ric on :
 
We have been over this for the past day. The numbers are not there. NSS can't be in the trillions because it would be impossible. There would need to be an extra 6 billion per day in volume to get to that 3 trillion NSS claim. And thats impossible. You people don't understand what a trillion means. Like you don't understand that Fuzzy Frizzle Math is wrong.

quote:
Originally posted by kissme:
Guys: CMKX is NSS'd in trillions. That's TRUE !!!
Watch what will be coming from the law firm...


 
Posted by JEAL on :
 
Ooppps - someone is all thumbs on the trade....

0.0009 - ouch
 
Posted by Ric on :
 
So ask is .00009 now. Talk about paying off the MM's for the dump. There is no ooch. Everone seems to think that someone actually bought at .0009 when a fat finger happens. Jeff should have taught everyone one thing. That Sell/buys don't automatically go to big tape. Once one is made then they must post (report) it to the big tape. So the problem is typing the sell/buy to tape. They punched in the wrong number. Someone bought shares at .00009 and when it was transfered to the tape it was entered wrong. No real harmexcept for throwing charts off and since this one is at .0001 then charts don't matter anyway.
 
Posted by bill1352 on :
 
the point the cult fails to miss is the divy shares in ppl's acounts. you cant fake restricted shares. CIM is private thus there are no share certs. in a private LLC there are contracts not share certs. ameritrade never got any word on a second GEMM divy. they were only sent shares of GEMM for 1 divy. back then the guy i talked to at ameritrade had seen the pr but he pointed out the fine print on the announcments. each refered itself back to the previous announcment & on the first GEMM divy pay date the divy was canceled by cmkx about 1pm & changed to what was to be the second GEMM divys pay date. its been 7 or 8 months yet no great outcry in ppl not having the USCA shares in the accounts
 
Posted by JEAL on :
 
quote:
Originally posted by Ric:
So ask is .00009 now. Talk about paying off the MM's for the dump. There is no ooch. Everone seems to think that someone actually bought at .0009 when a fat finger happens. Jeff should have taught everyone one thing. That Sell/buys don't automatically go to big tape. Once one is made then they must post (report) it to the big tape. So the problem is typing the sell/buy to tape. They punched in the wrong number. Someone bought shares at .00009 and when it was transfered to the tape it was entered wrong. No real harmexcept for throwing charts off and since this one is at .0001 then charts don't matter anyway.

Ric - My point exactly - However, do you think there would be an actual issue in the charts for CMKX with a 0.0009.....I dont think so.
 
Posted by Ric on :
 
And the worst thing Bill, if the rumors are true about after revoked the claims will be sold to USCA. Then its a double screw. Not only don't you get the divy's, UC needs them to hold for his interest in the new company, you will lose your only thing of value to USCA. Since CMKX is 30 million in debt then if UC can't somehow scam that money out of the creditors then they will get first dips and investors get nothing.
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
the point the cult fails to miss is the divy shares in ppl's acounts. you cant fake restricted shares. CIM is private thus there are no share certs. in a private LLC there are contracts not share certs. ameritrade never got any word on a second GEMM divy. they were only sent shares of GEMM for 1 divy. back then the guy i talked to at ameritrade had seen the pr but he pointed out the fine print on the announcments. each refered itself back to the previous announcment & on the first GEMM divy pay date the divy was canceled by cmkx about 1pm & changed to what was to be the second GEMM divys pay date. its been 7 or 8 months yet no great outcry in ppl not having the USCA shares in the accounts

Bill, I may drink the KoolAid, but I need some of what you are drinking. I already have certs for my 1st GEMM divy, and for my USCA divy. And where you get the idea that CIM doesn't have certs, I have no idea.


 -
 
Posted by bill1352 on :
 
that is my theory from the other day...sell the claims to USCA for the cost of all bills due. then no bankrupcy is needed, the claims are free & can be legally sold to creditors or to pay off creditors, thus shareholders have nothing to go after. UC can say i sold to USCA so that my valued shareholders at least get something. put the blame on the SEC, Roger Glenn, accountants, mm's & hedge funds & not where it belongs. USCA switches the restricted to free trading & pays the freight to have it done & a 704 billion o/s turns into 7.5 million shares over night without a r/s. USCA only dilutes its float by 7.5 million. UC is off the hook, USCA looks like saviors to the cult. and the worst part is how do we know cmkx even owes a dime to anyone? maybe a few million here or there that UC never paid on purpose, just to look like cmkx had creditors. if cmkx doesn't file in 35 days the judge is left with no choice. everyone in court gave a timeline needed to file. cmkx has had from the time the SEC notified them of the action till june 30th, longer then anyone except the auditor said was needed & an unaudited filing would work as long as it was being audited as it was filed.

[ May 26, 2005, 11:37: Message edited by: bill1352 ]
 
Posted by bill1352 on :
 
well legal i'm only going on what i know of private LLC's. companies that are not public but do have shareholders. i guess you could call them certs but its more like a contract for a certain percentage of the company. my brother-in-law owns Smart Car USA. Smart Car is in bed with ZAPZ, a public company, much like CMKX & CIM only they both make money & have real products. its a private LLC but he has 5 shareholders. each owns a % of the company. they do not have the same thing as a public stock cert. now maybe because CIM has so many shareholders they did print some sort of cert but again as its not a public company its more like a contract.
 
Posted by legaleagle on :
 
Hey Ric and Glassman are famous now:


Bo14172
Dr. Of Diamonds


member is offline





Posts: 147
A Big Thank You To The Bashers
Thread started on: Today at 07:40am

--------------------------------------------------------------------------------
Yes, this morning we have to thank them. A few comments about them first, then to why they deserve a cookie today.

Even though bashers are so stupid and so intellectually void not to realize they further incriminate themselves with every post they make, I decided a few months ago to simply scan what they write looking for gems either to use against them when the time is right, or to help our cause.

Oh trust me, their day is coming. Prosecuting them will be an easy thing to investigate, prove and trace to those involved in illegal trading. When the time is right I have plan that will be so simple for us to include every single one of them no matter where they post and move to have them arrested and prosecuted. Now isn't that time, but each day will bring that reality closer.

But a big thank you today goes out to Glassman and Ric (the Allstock's ilk).

I've seen a few on this board mention the Allstock's ilk. Dr.D. even tried to show them some class and brains to honestly debate them, which was met by responses showing they are losers in life and are certified as some the stupidest people who exist on the boards.

The Allstock's ilk is a mixed breed. Some are paid bashers of those who short sell CMKX, while some who bash CMKX there are QBID lovers. Don't ask me why. If ever there was a stock with no valuation and void of leadership, QBID defines it. The competition they face will ensure that their effort will result in little financial significance. Nonetheless, the QBID lovers on Allstocks bash CMKX because they have felt since the spring of last year that attention and money going to CMKX are taking away from their beloved QBID. So you will see them bash on the CMKX thread, but hyperventalate with tears of joy and pride on the QBID thread.

This comes from Glassman & Ric at Allstocks:
_______________________________________________________________________________________

"glassman
Member
Member Rated:
posted May 26, 2005 00:07
--------------------------------------------------------------------------------
RIC:

I just donwloaded the same chart as above but back to 2003. The total volume from 1/27/2003 till now was only 768 billion shares.

glassman:

you know RIC, i did the numbers with them last summer too... there just aren't enough volumes to support the TRILLIONS NS, the funny part? while they were claiming the trillions in naked shorts? UC raised the AS and dumped another couple hundred billion on 'em....."
_______________________________________________________________________________________

Glassman & Ric did absolutely the best DD anyone has done to date on a key piece of evidence that has not been brought up to my knowledge.

They are making our point....THE VOLUME BEING REPORTED IS FAR LESS THAN THE TRUE SHARE COUNT AND THIS HAS BEEN OCCURRING SINCE JANUARY OF 2003. Their DD ties CMKX's arguments about issues and illegal manipulation occuring from 2003 to the present .

To date we have seen excellent defenses raised by Attorney Stocklein, and certainly excellent work from Atty Frizzell about our CURRENT NSS dilema. This DD from Glassman & Ric is absolutely a home run in allowing CMKX (Atty Stocklein) and the Owner's Group (Atty Frizzell) to follow up and verify these trading figures, then use it as a key piece of evidence in each of their efforts.

* Two and a half years of trading, and only 768 Billion shares are showing to have been reported as trades during this entire period. WOW! ! !

* According to my crunching, we have a PROVEN share total ranging from 818 Billion - 940 Billion as of today.

* There are 32,013 shareholders yet to be included in the share count total!

* Because of JEFF's letter and the letters Atty Frizzell wrote to A-trade and E-Trade, there is cause to investigate ~30 MM's and countless brokerages who traded CMKX shares. How many more MM's will admit to shares not being reported like JEFF did?

There are a hell of a lot of unaccounted for shares out there. Only 768 Billion was traded since 1-27-03, yet our current CONFIRMED share total is between 818 Billion and 940 billion, with 32,000 shareholders to still be counted.

Their DD is a key piece of evidence to further prove naked shorting and other illegal trading practices, helping Atty Frizzell and the Owner's Group.

Their DD is a key piece of evidence to further assist CMKX and Atty Stocklein by now being able to tie evidence from 2003 through the present as an illegal negative outside force impacting the company and it's operations.

When you tilt one back tomorrow night, raise the first glass to Glassman and Ric.

Bo
 
Posted by Upside on :
 
I'm going to have to step up my bashing here, I'd like to be famous too. I noticed that this was posted by Bo14172. Anyone remember him? He used to post here and about a year or so ago he told me that I was going to jail too, he was going to make sure of it.
How's it going Bo? Good to hear from you again even if it's through a second party. Keep up the good work!
 
Posted by Wallace#1 on :
 
"When you tilt one back tomorrow night, raise the first glass to Glassman and Ric."

Damn pumpers!!!! LOL
 
Posted by legaleagle on :
 
TigerCat
Diamond Hunter


member is offline


Posts: 22
Re: A Big Thank You To The Bashers
Reply #5 on: Today at 09:54am

--------------------------------------------------------------------------------
Hey Bo.. where did they get these numbers? They are different from the ones on GB's site:

http://www.noboxtrading.com/cmkx/volume.asp

In short, the numbers from glassman and ric are much lower.
 
Posted by bill1352 on :
 
i'm jealous...lol ric & glassman you guys s**k...lol i love the part of dr d's drivel on how it will be easy to get the law on us bashers. going to take us to court. 39 days from now we will see who should be in court & who shouldn't. compares cmkx to qbid...well both are pink sheets & q does have an o/s in the billions but its double digit not triple. & q is doing everything it can to get on major cable networks. cmkx doesn't have to get other companies to allow them to play. cmkx has to actually put the time & effort into finding diamonds where as Q has to get big business to except them into the group. Ric & i had an aurgument last summer over the o/s & float. it was settled by calling the company & having them answer the question. it was part of a shareholder conferance call. UC was on green baron & could have just gave out the o/s & float but nope. you can not call cmkx & have them give you any numbers other then 704 billion & thats only since 2 months ago. Q may never make it but it wont be from the lack of trying. cmkx will not make it & it will be from the lack of trying.
 
Posted by legaleagle on :
 
http://www.noboxtrading.com/cmkx/volume.asp


03/23/05 6,076,941,570 ($ volume: $570,437.39 )
03/22/05 15,004,867,796 ($ volume: $1,374,833.92)
03/21/05 9,997,474,946 (includes 108,400,006 after hours trades)
03/18/05 7,677,140,464
03/17/05 8,035,799,651
03/04/05 Non Trading Day OS officially 703,518,875,000
03/02/05 3,236,484,865
03/01/05 4,371,183,992
02/28/05 5,888,056,043
02/25/05 3,053,549,689
02/24/05 1,635,356,063
02/23/05 1,175,448,422
02/22/05 2,461,842,026
02/18/05 3,447,241,613
02/17/05 1,489,190,310
02/16/05 1,420,319,850
02/15/05 1,768,459,596
02/14/05 3,359,105,278
02/11/05 1,994,380,736
02/10/05 1,255,090,568
02/09/05 1,423,389,322
02/08/05 1,402,421,900
02/07/05 1,637,560,727
02/04/05 4,849,256,891
02/03/05 2,914,883,648
02/02/05 5,860,981,613
02/01/05 5,289,906,447
01/31/05 6,391,218,183
01/28/05 2,341,315,105
01/27/05 1,719,293,240
01/26/05 1,229,962,132
01/25/05 1,213,718,799
01/24/05 1,892,772,981
01/21/05 2,825,628,332
01/20/05 14,029,131,498
01/19/05 6,434,323,319
01/18/05 2,596,116,641
01/14/05 1,944,892,870
01/13/05 717,494,302
01/12/05 3,452,048,389
01/11/05 1,515,904,096
01/10/05 1,396,442,160
01/07/05 8,171,702,224
01/06/05 17,131,444,864 T+3
01/05/05 11,227,423,361 T+2
01/04/05 12,332,720,265 T+1
01/03/05 1,617,874,709 SEC regulation SHO becomes enforceable.
12/31/04 970,022,726
12/30/04 2,065,628,694
12/29/04 3,587,547,758
12/28/04 4,875,909,235
12/27/04 5,911,034,496
12/23/04 4,156,940,828
12/22/04 1,122,505,982
12/21/04 8,855,262,613
12/20/04 6,412,790,643
12/18/04 Non Trading Day 75 Billion Shares bought back from Nevada Minerals. New Outstanding Shares Should be 703,527,977,501 (because 778,527,977,501 - 75,000,000,000 = 703,527,977,501)
12/17/04 1,043,784,243
12/16/04 1,119,792,632
12/15/04 14,763,765,004 T+3
12/14/04 41,635,715,982 T+2
12/13/04 1,146,715,977 T+1
12/10/04 3,050,718,041 Payment date of GEMM dividend.
12/09/04 1,585,921,970
12/08/04 1,448,465,576
12/07/04 1,395,330,568
12/06/04 1,713,719,107
12/03/04 1,631,115,363
12/02/04 1,616,851,865
12/01/04 1,290,764,052
11/30/04 1,185,381,206
11/29/04 1,213,524,396
11/26/04 2,053,858,284
11/24/04 1,439,159,811
11/23/04 2,228,745,035
11/22/04 1,655,708,938
11/19/04 1,307,542,642
11/18/04 2,118,025,244
11/17/04 1,018,385,358
11/16/04 1,307,112,650
11/15/04 1,818,573,738
11/12/04 2,269,371,765
11/11/04 2,184,480,546
11/10/04 3,599,248,434
11/09/04 1,713,902,551
11/08/04 2,556,788,862
11/05/04 3,703,021,482
11/04/04 4,777,039,352
11/03/04 6,005,799,786
11/02/04 6,464,743,544
11/01/04 7,545,779,316
10/29/04 7,899,025,010
10/28/04 7,451,803,401
10/27/04 5,826,050,940
10/25/04 6,541,494,869
10/22/04 12,097,133,652
10/21/04 13,098,033,776 T+3
10/20/04 16,119,767,711 T+2
10/19/04 14,770,182,549 T+1
10/18/04 17,605,571,590 Payment Date of CIM dividend
10/15/04 12,198,049,570
10/14/04 6,808,554,735
10/13/04 12,508,637,168
10/12/04 1,432,690,681
10/11/04 14,838,183,007 T+3
10/08/04 16,615,152,695 T+2
10/07/04 4,853,359,087 T+1
10/06/04 6,078,129,119 Payment date of UCAD dividend.
10/05/04 4,294,580,136
10/04/04 2,525,294,490
10/01/04 5,213,844,234 GEMM dividend Record Date (Outstanding Shares = 778,527,977,501) Ratio is 95,502,027 GEMM at .00012267
09/30/04 3,656,459,965
09/29/04 1,834,010,126
09/28/04 2,551,827,924
09/27/04 1,867,623,325
09/24/04 1,695,235,748
09/23/04 2,520,801,150
09/22/04 1,665,758,984
09/21/04 2,428,047,277
09/20/04 2,145,087,691
09/17/04 3,141,064,258
09/16/04 3,861,470,269
09/15/04 2,516,716,662
09/14/04 1,732,597,712
09/13/04 2,233,281,544
09/10/04 3,795,464,371
09/09/04 2,980,834,938
09/08/04 4,164,597,547
09/07/04 1,225,107,946
09/03/04 3,752,515,098
09/02/04 2,449,923,669
09/01/04 2,397,308,251 CIM Dividend Record Date (Outstanding Shares = 781,250,000,000
08/31/04 3,247,798,609
08/30/04 3,771,508,174 Dividend Rate for UCAD distribution changes. The ratio now .00000962 indicating an Outstanding Share count of 779,625,779,626 based on 7,500,000 UCAD shares distributed.
08/27/04 3,865,108,106
08/26/04 5,723,447,095
08/25/04 5,727,544,016
08/24/04 2,890,084,952
08/23/04 2,439,470,469 UCAD dividend Record Date (Outstanding Shares = 779,625,779,626) This indicating and OS increase of 295,754,811,884
08/20/04 4,851,840,967
08/19/04 6,419,173,402 Authorized Shares increased from 500 billion to 800 billion
 
Posted by legaleagle on :
 
As of 3/23/2005:

(This is funny.)

Shares traded since 300 billion authorized increase: 658,801,506,456

Shares traded since 75 Billion buy back:
244,865,404,471

Shares traded since UCAD record date:
645,091,021,618

Shares Traded since the GEMM record date: 560,035,951,977

Since July 20th, 2004:760,137,555,778
 
Posted by bill1352 on :
 
As of 3/23/2005:

(This is funny.)

Shares traded since 300 billion authorized increase: 658,801,506,456

Shares traded since 75 Billion buy back:
244,865,404,471

Shares traded since UCAD record date:
645,091,021,618

Shares Traded since the GEMM record date: 560,035,951,977

Since July 20th, 2004:760,137,555,778



actually that 760 billion since july sounds a bit low to me. in 10 months time the shares traded of an OTC or pink sheet company would be at least double its o/s. you have daytraders, ppl that buy on rumor but dont hold for long. ppl that buy & hold for a month or 2 & give up. in cmkx's case you have ppl that sold when reality set in. for each situation there is the buy counted & then the sell counted as a share traded. with 760 billion if it was 50% buys & 50% sells its only 380 billion shares & thats only if each share was only bought & sold once. the a/s was increased 300 billion. in march the a/s was increased 400 billion
 
Posted by legaleagle on :
 
bill: "lol i love the part of dr d's drivel on how it will be easy to get the law on us bashers. going to take us to court."


Post: "Dr.D. even tried to show them some class and brains to honestly debate them, which was met by responses showing they are losers in life and are certified as some the stupidest people who exist on the boards."


Where did Dr. D say he would get the law on you?
With his connections in Wash., I would say he would not have any problem if he wanted to.
 
Posted by bill1352 on :
 
Oh trust me, their day is coming. Prosecuting them will be an easy thing to investigate, prove and trace to those involved in illegal trading. When the time is right I have plan that will be so simple for us to include every single one of them no matter where they post and move to have them arrested and prosecuted. Now isn't that time, but each day will bring that reality closer.

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


and that sounds like what to you legal???? by the way if he wants to find me i'll give him my address ok. just have him pm me any time.
 
Posted by Wallace#1 on :
 
If anyone feels the whip of litigation, it will be Dr.Dementia, Zen, Sterling, Green Baron, UC, Melvin, Glenn, Coach, others like Dhonau, Desormeau, Williams, Casavant family members too, and, many of the more avid pumpers that moved from this forum to the CT forum because they couldn't take reality.

That is more realistic than anything Bo or anyone on those forums now realize. Not to worry though, just take the 5th.
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
Oh trust me, their day is coming. Prosecuting them will be an easy thing to investigate, prove and trace to those involved in illegal trading. When the time is right I have plan that will be so simple for us to include every single one of them no matter where they post and move to have them arrested and prosecuted. Now isn't that time, but each day will bring that reality closer.

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


and that sounds like what to you legal???? by the way if he wants to find me i'll give him my address ok. just have him pm me any time.

That's what bo said, not Dr. D.
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
If anyone feels the whip of litigation, it will be Dr.Dementia, Zen, Sterling, Green Baron, UC, Melvin, Glenn, Coach, others like Dhonau, Desormeau, Williams, Casavant family members too, and, many of the more avid pumpers that moved from this forum to the CT forum because they couldn't take reality.

That is more realistic than anything Bo or anyone on those forums now realize. Not to worry though, just take the 5th.

Looks like the whole world is against you, Wallace. LOL BTW not one of those people post at CT, but thanks for pointing out your bigotry once again.
 
Posted by bill1352 on :
 
hey wallace lets start a bashers group. we can send in $25 to a lwayer to protect us from the likes of Dr D when he unleashs he great connections in washington on us. when those powerful CIA, FBI & probably Secret Service guys come knocking at our doors all we have to do is call the lawyer & he will band the bashers together to fight the unfair powers effecting our lives & income. we can pay for the $25 out of our bashers pay checks...that is if they ever show up...lol
 
Posted by bill1352 on :
 
by the way wallace...i see HISC is almost down to a strong buy again...i sure hope your in the middle of flipping your shares
 
Posted by legaleagle on :
 
KevinW777
Diamondologist


member is offline





Posts: 292
More shares not included in the OBO/NOBO lists!
Thread started on: Today at 11:42am

--------------------------------------------------------------------------------
A couple of interesting tidbits of information were just brought to my attention from someone familiar with the OBO/NOBO lists and it can mean that the NSS is much higher than EVER imagined!

It seems as though TD Waterhouse Canada is not reporting trades through the DTCC where they would (or should) normally find their way onto the OBO/NOBO lists. Can we get customers of this broker to make some calls and email inquiries to find out if this is true or not. Maybe someone that can record (if legal where you live) the phone call or get it in writing I would think these questions coming at them would start making them very nervous!

Also, I have learned and it is my understanding that European brokers do not report through the DTCC and therefore their trading would not find its way into the OBO/NOBO list either.. WOW, just how many COUNTERFEIT shares are really out there?

Does anyone have any further information on these two items that would either prove or disprove them? Your help in finding out these answers would be very helpful to DD that is going on to find answers to all kinds of questions.

Please post and or IM me any responses or you can email me at kevinw777@AmericaNeedsToKnow.com

KW
United We Stand!
 
Posted by bill1352 on :
 
Hey Ric and Glassman are famous now:


Bo14172
Dr. Of Diamonds

member is offline

Posts: 147
A Big Thank You To The Bashers
Thread started on: Today at 07:40am

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

i stand corrected...saw the DR and diamoinds & not the of...
 
Posted by ed19363 on :
 
Seems to me that nobody can dictate our thoughts. As long as we are only propounding our opinions, what possible legal action can be taken? Sounds like a First Amendment deal to me. What we do here cannot even be considered bashing, IMO. All we want is for the company to fulfil promises made over the past couple years to inform the shareholders of information they need to make intelligent decisions on investing.
If that is considered bashing, pardon my french, but BITE ME !!! I consider it not only my right of free speech, but an obligation to myself to THINK about decisions I make, and attempt to get CMKX to file the info they owe us.

If that makes me a basher, then so be it. I still want an end to the opinions that can only be accomplished by a filing of information as required by the SEC.

I take no sides, I still hold shares, I still HOPE the company will turn out not to be a scam, but until certain info is released, I have no choice but to consider that it MIGHT INDEED be a scam.

Hopefully, CMKX will prove one way or another in the NEAR future.
 
Posted by GatorMan on :
 
Ed, you make good points! Glad to see someone who, like myself, wants solid information not conjecture and speculation (although such has provided me with some good entertainment). I feel like ALL sides have been guilty of withholding information and we're caught in the middle. In my mind there is no good business reason to withhold the share structure. Nor is there any good reason to muck around with the filings or put out PRs with only positive spins until you are caught in a lie, and then simply say "oops, our information was wrong. Sorry." As for the SEC, DTCC, TA etc., they should be more forthcoming with the information on trading activity we the shareholders want to see. They could easily put an end to the NSS speculation by providing audited data on all trades. Why won't they do this?

I'm with you when you say "I take no sides, I still hold shares, I still HOPE the company will turn out not to be a scam, but until certain info is released, I have no choice but to consider that it MIGHT INDEED be a scam." I feel the same way.
 
Posted by legaleagle on :
 
The "negs" here are very quick to point out what will happen if I am wrong and the company goes completely "bust". I will lose my initial investment which is limited and controlled. OK, I can live with that.

But what if it goes the other way. What will the "negs" lose? What if there is a "settlement" paid for the NS? What will each of you do? How will you feel if you missed the opportunity of a lifetime? If there is a settlement of say a nickel per share, that would be $50,000.00 per million shares owned. If you don't own shares, you're out. No opportunity to get back in.

Owning a million shares would cost you $100 today. If there is a run and you are not "positioned", you would miss $100.00 per click as the pps rose from .0001 to .0002. As it continues up through the triple zero digits, you are losing $100 per click up to the double zero digits. Then you start losing $1,000.00 per click up to a penny. When that penny level is reached, you are losing $10,000.00 per click. Think about it. You could have been earning $10,000.00 per click for a $100 investment.

So, what is your plan if it starts to run? Just going to keep saying it's a scam? Artificial manipulation by the Kool Aid cult? Or are you going to jump in as quickly as possible with a buy. If you are lucky enough to catch it at .0003, you have lost 2/3 of your profits. At .0004, you lose 3/4 of the profits. Are you going to be quick enough when the squeeze starts?

I know Wallace will say that he utilized his superior investment knowledge to anticipate the run, and had a "friend" on Wall Street, get him some .0001 shares while it was selling at .0009, but that's just Wallace. How about the rest of you? You've had a lot of fun bashing this stock, but what if you are wrong? How will you "fix" that kind of mistake?

Yeah, I know, there's no way any stock with this kind of OS could ever run. But there is that sticky question about the "float" that hasn't been answered. There is also that sticky question about why the SEC won't halt this thing after operating so long. There are questions about whether the greed and avarice of MM's, Hedge Funds and Offshores? Could they have really shorted this stock by trillions to feed that greed? Is Bob Maheu really smart enough to pull off a sting of this proportion? Are you really getting the best information available from the other negs who post here? So many questions, so much at stake.

Lots of questions for the negs here. You don't have to answer me, I already know the chances of losing my initial investment and the enormity of the winnings if I am right. Can you calculate the magnitude of your loss if you are wrong? Time is running out. Decisions have to be made. Don't be late to the post, the race is about to begin. All IMO of course. And don't make any decisions based on what I say, or what others say. It's your life, your investment choice. Make wise decisions based on your own DD and investigations.
 
Posted by bill1352 on :
 
legal if i see it start runnin i'll buy in. i've bought & sold cmkx 3 times in the last 15 months. i sold my last share a few months ago...the 62K lost because of the cost to sell but did so on principle.. with a 704 billion o/s or a 400 billion o/s if your right & UC has 51% which i do not believe is true any run will be slow. if it turns out i'm wrong i'll be the first to say so. but any dream of a .05 settlement from mm's because of a NS more then dreaming.
 
Posted by Upside on :
 
Legal, I'll answer it. You know I recently sold my position. My total investment was 1400.00 and it returned 160.00. I bought into it the first time on a wave of hype a year and a half ago and bought again into the run mid last year. Both times I kicked myself almost immediately after buying. Everything I've said about this stock since I initially bought it has come to pass and in fact, it's surpassed my worst "bashes". After the hearing I decided that enough was enough and got out, at .00004. If I thought this stock had any chance at all I wouldn't have sold. To my way of thinking, in order for this stock to move at all two things have to happen. #1, they have to avoid being revoked and as of right now, that's not likely. #2, if they somehow do dodge the SEC bullet, then one of these wild and outlandish conspiracy theories has to come to pass. You can pick which one you like, the naked short theory, the trillion dollar valuation theory, it doesn't matter which you chose, one of them has to be proven true. That is even less likely.

Now, if I'm wrong, I'm wrong, there's no need to "fix it", I'll be wrong, that's it. If it does somehow run I won't buy into it, already made that mistake once, I'll just sit back and watch it. Will I still say it's a scam? Don't know until I see the circumstances surrounding it.

You closed your above post with the sentence "make wise decisions based on your own DD and investigations". I'd encourage everyone to do that as well.
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
Seems to me that nobody can dictate our thoughts. As long as we are only propounding our opinions, what possible legal action can be taken? Sounds like a First Amendment deal to me. What we do here cannot even be considered bashing, IMO. All we want is for the company to fulfil promises made over the past couple years to inform the shareholders of information they need to make intelligent decisions on investing.
If that is considered bashing, pardon my french, but BITE ME !!! I consider it not only my right of free speech, but an obligation to myself to THINK about decisions I make, and attempt to get CMKX to file the info they owe us.

If that makes me a basher, then so be it. I still want an end to the opinions that can only be accomplished by a filing of information as required by the SEC.

I take no sides, I still hold shares, I still HOPE the company will turn out not to be a scam, but until certain info is released, I have no choice but to consider that it MIGHT INDEED be a scam.

Hopefully, CMKX will prove one way or another in the NEAR future.

noahltl
Diamondologist


Posts: 407
Re: A Big Thank You To The Bashers
Reply #17 on: Today at 2:44pm

--------------------------------------------------------------------------------
on Today at 1:21pm, ed19363 wrote:I'm getting d**n tired of being labeled a basher just for asking CMKX to give us real information thru established channels, instead of releasing fluff PRs with no meaning.

All this could come to a close if the company would do what it is SUPPOSED to do, and file the necessary info.



ed19363, I didn't see anyone post a reference to you, but if you want to associate yourself with the garbage that spews out of Allstocks, I guess it's o.k.

Just asking for some information, huh? Let's take a look at some of your "questions" over the last month"


"Time to hire a lawyer to file a class-action suit against CMKX and UC. May as well throw in a few more. Roger and Maheu for starters. And I'm sure we can come up with more.
Any bets we get something back?"


"Legal, take it and pound it. This chit is about as dead as it can get.
Get your head out of your AZZ for a while.
You might be able to see."


"Why give them more time? If UC hasnt turned over records by now, he never will.
Best case scenario here is shut it down, charge UC with whatever you can, put his butt in jail, split up the race cars and nice house among the shareholders, and move on."


" It's over, guys.
There is nothing left to fight over.
We've been royally screwed, even the other boards are acknowledging it now.
Probably the only person in the world on UC's side now is legaleagle.
This too shall end."


"May they all rot in hell
(EOM)"


ed, obviously just a case of mistaken identity.
 
Posted by TANGO42 on :
 
quote:
Originally posted by Wallace#1:
As per legal:
"Ric, any attempt to attack the Christians, huh? Do you score more points with Wallace when you do that?"
--------------------

You certainly are paranoid, legal. I don't attack Christians. I do attack any approach to use Christianity as a cause to purchase stock.

I attack stupidity. I attack pumping. I attack using religion as a ploy to entice others to buy stock. I attack a cult attitude. I attack a lack of reality. I attack ignoring and a lack of reading the true facts. I attack distortion, diversion, spinning and twisting of information.

Last, but not least legal, I attack your ignorance in making a statement such as the one above.

PS: Of course, legal, by now I know exactly what to expect from you and your limited abilities.

SORRY WALLACE; I just can't connect your "christian" claims of koolaid, pumping,etc. Sure Christians are positive. You have to admit that a lot of data is provided from that angle. I have requested a search elsewhere on a question I had and the "Christians" came up with it within minutes. Whatever the folks with 'negative opinions are( and they migh t be right) Positive information(new) is much more helpful than a lot of the old "rules of thumb" presented negatively.
FOR any "NEWBIES" I have been in the market a long time & CMKX also. Follow what the "koolaid drinkers" are telling you. "Invest only what you can afford to loose, and stay current with "ALL" information.
LEFTY
 
Posted by ed19363 on :
 
UC can file and prove all those opinions wrong any time he wants to. Problem is he doesnt seem to want to. Ergo, we are dead in the water, and CMKX appears to be a scam.

And as far as you and your lengthy posts and reposts, you accomplish nothing. You may as well sit back like the rest of us and wait for the outcome. All your postings of numbers and theories dont amount to a hill of beans and makes you come off like a complete Koolaid drinking idiot. Even if you arent, YOU APPEAR THAT WAY.

By the way, all the above is MY opinion. If you are allowed to have yours, I'm allowed to have mine.
 
Posted by ed19363 on :
 
Lots of questions for the negs here. You don't have to answer me, I already know the chances of losing my initial investment and the enormity of the winnings if I am right. Can you calculate the magnitude of your loss if you are wrong? Time is running out. Decisions have to be made. Don't be late to the post, the race is about to begin. All IMO of course. And don't make any decisions based on what I say, or what others say. It's your life, your investment choice. Make wise decisions based on your own DD and investigations.

Even tho I consider it to be none of your business, I'll answer you. I still hold several million shares, and if CMKX bellies up, I lose several Thousand dollars. Not all my shares were bought at .0001. At the same time, if it takes off, I will make money. How much depends on how high it goes.
That being said, my question is "When?"
How long are we supposed to hang on?
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
UC can file and prove all those opinions wrong any time he wants to. Problem is he doesnt seem to want to. Ergo, we are dead in the water, and CMKX appears to be a scam.

And as far as you and your lengthy posts and reposts, you accomplish nothing. You may as well sit back like the rest of us and wait for the outcome. All your postings of numbers and theories dont amount to a hill of beans and makes you come off like a complete Koolaid drinking idiot. Even if you arent, YOU APPEAR THAT WAY.

Proud to be a Kool-Aid Drinker. We'll have to see about "idiot".
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
Lots of questions for the negs here. You don't have to answer me, I already know the chances of losing my initial investment and the enormity of the winnings if I am right. Can you calculate the magnitude of your loss if you are wrong? Time is running out. Decisions have to be made. Don't be late to the post, the race is about to begin. All IMO of course. And don't make any decisions based on what I say, or what others say. It's your life, your investment choice. Make wise decisions based on your own DD and investigations.

Even tho I consider it to be none of your business, I'll answer you. I still hold several million shares, and if CMKX bellies up, I lose several Thousand dollars. Not all my shares were bought at .0001. At the same time, if it takes off, I will make money. How much depends on how high it goes.
That being said, my question is "When?"
How long are we supposed to hang on?

You should hang on until the people who know more about this than your or I, think the time is right. Impatience is not a good reason to badger and bash the company. I am sure Urban is as anxious as we are to get this garbage behind him and move on with his company.
 
Posted by Ric on :
 
Well, I would like to see some people make out on this myself. But even if UC would file or a settlement was reached, how do you believe this can move? I see a settlement maybe giving there money back or if UC filed seeing this go back to .0001 .0002. But after all is said and done, this stock still has a O/S of 703 billion and a float well over 300 billion. You can't squeeze that. Smaller o/s and floats that are for sure under NSS hasn't moved because of there float. Even if it went to court the judge wouldn't issue more then 3 times damages. So thats .0003 to .0006. And that to the NSS part only so after its divided out then its less plus the lawyers 1/2. You still be lucky to break even.

I really have a hard time understanding how someone can think a penny let alone a nickle. If what you say is true, which I can't believe because its impossible, and there is a huge NSS then a nickle would cause a market depression to cover. It's a koolaid dream and if it did go to court the lawyers would get most of the settlement anyway.
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
Well, I would like to see some people make out on this myself. But even if UC would file or a settlement was reached, how do you believe this can move? I see a settlement maybe giving there money back or if UC filed seeing this go back to .0001 .0002. But after all is said and done, this stock still has a O/S of 703 billion and a float well over 300 billion. You can't squeeze that. Smaller o/s and floats that are for sure under NSS hasn't moved because of there float. Even if it went to court the judge wouldn't issue more then 3 times damages. So thats .0003 to .0006. And that to the NSS part only so after its divided out then its less plus the lawyers 1/2. You still be lucky to break even.

I really have a hard time understanding how someone can think a penny let alone a nickle. If what you say is true, which I can't believe because its impossible, and there is a huge NSS then a nickle would cause a market depression to cover. It's a koolaid dream and if it did go to court the lawyers would get most of the settlement anyway.

Won't go to court Ric. DTCC and MM's don't want this scandal to go public. IMO
 
Posted by Wallace#1 on :
 
bill, you wrote:

"hey wallace lets start a bashers group. we can send in $25 to a lwayer to protect us from the likes of Dr D when he unleashs he great connections in washington on us. when those powerful CIA, FBI & probably Secret Service guys come knocking at our doors all we have to do is call the lawyer & he will band the bashers together to fight the unfair powers effecting our lives & income. we can pay for the $25 out of our bashers pay checks...that is if they ever show up...lol"
----------------

It would be rather easy to commence litigation against many of the named people. There are those that hold the stock and those that sold the stock....many of whom are unhappy. Just litigation against them for "failure to perform fiduciary duty" should be enough to win. That alone is quite obvious from their track records and hearing testimony.

Tango,

So do yourself another favor as a result of their pumping, etc. Go buy more CMKX! They will bless you for it!
 
Posted by Ric on :
 
I love it when the paid pumpers call the truth bashing because someone has a different point a view. I am a investor and 703 billion shares wouldn't be touched by real market movers. I don't care if they did have revenue. Call CNBC and ask anyone on there professional advise team if they would recommend or invest in a company with 703 billion o/s. No matter how it got to that number. It is what it is and I didn't put it there the company and pumpers did.

These paid pumper like Willy who has even blackmailed a company into giving him shares to promote there stock are the problem. You really think a car salesman bought 900 Million shares of CMKX. Paid pumpers like Sterling and Dr D. Green Baron and WSJ that only promote stocks that pay them. Why do you think Bob bans these pumpers like Willy and green Baron from linking to there sites, they are scams artists thats why. I would rather be called a basher though then one of those low lifes that sucker people into these scams with dreams that are impossible. While they are pumping to no end and convincing people this is a great investment while the company is diluting shares faster then the printing press can run. These people are scum IMO.
 
Posted by Wallace#1 on :
 
"Proud to be a Kool-Aid Drinker. We'll have to see about "idiot"."

As far as you are concerned, legal, the latter is already a proven. You have demonstrated it time after time in the past.
 
Posted by jackpot on :
 
It's funny everyone still believes in this stock to invest. You all must love to give your money away (lol).
[Big Grin]
 
Posted by bill1352 on :
 
not everyone jackpot...only the cult......UC has 35 days to file & 50 days to cover his tracks if he doesn't. i think he better cover them well too. the paid pumpers will make excuses for UC for a few days & disappear or move to the next company that gives them shares to pump. the rest of the 5200 cult members will be looking for blood. i will give the cult 1 thing they dig around on stuff a find the most trivel links to anything. when reality sets in UC better make sure every possible base is covered legally. & he better hope is new addy isn't public knowledge. the minds of a handful in this cult are not held together real tight. UC is going to have more then 1 lady screaming for his head & he's gonna need a lot of help if they find him.
 
Posted by legaleagle on :
 
AND THESE ARE THE PEOPLE JUDGING CMKX?

SEC releases first public audit of books - late
Thu May 26, 2005 06:04 PM ET
By John Poirier
WASHINGTON, May 26 (Reuters) - The U.S. Securities and Exchange Commission, the watchdog that enforces timely disclosure of financial reports by public companies, on Thursday issued publicly its first ever audited financial statement -- six months late.

"Going through the first audit effort ever in the history of the agency was quite a Herculean effort," Peter Derby, managing executive for operations at the SEC, said during a conference call with reporters.

The SEC's financial statements were audited by the Government Accountability Office (GAO), the investigative arm of the Congress, which found three material weaknesses in the federal agency's internal controls.

Weaknesses were found in tracking and recording money due the agency from enforcement cases, preparation of SEC financial statements and the ability of SEC information systems to ward off a potential outside attack.

"We're holding ourselves to the same standards that we hold the public companies -- that we are disclosing these material weaknesses and explaining how we intend to remediate them," said SEC spokesman Matt Well.

Officials said the GAO started its audit in the spring of 2004 and ended on Feb. 11. The GAO issued a draft unqualified opinion on the SEC's financial statements in early May, they said.

SIX MONTHS LATE

Officials said under a 2002 law, the SEC and other small U.S. agencies must present an auditor's opinion by Nov. 15, about 45 days after the end of the fiscal year, which comes on Sept. 30 for the federal government.

The SEC never issued a 2003 report so it could better prepare for the 2004 report, adhering to U.S. Generally Accepted Accounting Principles.

Under securities laws tightened in the wake of the fall of former energy trader Enron Corp., public companies are allowed more than two months to file their annual financial reports with the SEC or face the possibility of enforcement action.

The SEC report reflects the financial picture for fiscal 2004. Officials said there were no connections between the report and the recent discovery of a $48 million SEC budget shortfall.

Margaret Carpenter, head of the SEC's Office of Financial Management, said it would be an "ambitious" goal to meet the next Nov. 15 deadline for the 2005 report and said they believe they will resolve the weaknesses within the next year or two.

The U.S. Chamber of Commerce, which has been highly critical of some recent SEC regulatory decisions, highlighted the irony of the SEC's situation.

"There probably is a good lesson for them in terms of what it means for companies to go through this process and to the details and the extent to which you need to analyze your processes," said David Chavern, the chamber's director of corporate governance initiative.


Reuters 2005. All Rights Reserved.
 
Posted by Wallace#1 on :
 
Re: SEC Financial Statements:
"We're holding ourselves to the same standards that we hold the public companies -- that we are disclosing these material weaknesses and explaining how we intend to remediate them," said SEC spokesman Matt Well."
--------------------

The above is one hell of a lot different from CMKX.

To begin with, they state they are holding themselves to the same standards as public companies. CMKX did none of that but, instead, falsified their documents. As a matter of fact, Urban Casavant further refused to abide by standards by taking the 5th.


Also, CMKX did not disclose material weaknesses. They refused to do so and misled with ambiguous PRs from company sources. Urban Cassavant literally stated he did not know how to run a public company....and there is no greater "material weakness" than that. It appears that he does not know how to run "any company", let alone a public company. They disclosed that Roger Glenn did not accomplished his tasks. They disclosed that Maheu (a Co-Chairman of the Bd of Directors) knew nothing about the operations of CMKX. Others claimed a lack of knowledge, inadequate records or voids in records and distancing themselves. These are just a very few of the major differences.

PS: These are the three alleged material weaknesses:

Weaknesses were found in (1)tracking and recording money due the agency from enforcement cases, (2)preparation of SEC financial statements and (3)the ability of SEC information systems to ward off a potential outside attack.

The first applies just to enforcement cases and is easily remedied. The third is expected and seems to be a quite a stretch to call it a material weakness in view of the fact that it is on the front line at all times. The second might have some merit, but it does not state specifics and, therefore, one would not know exactly how much "material weakness" it could represent.
 
Posted by Ric on :
 
Also the public isn't buying shares of the SEC. Us as individuals don't lose our personal money by the SEC being late. When a public company is late the filing may have something in it that causes a person to get in or out of the stock. And filing late may cause someone to lose money because they don't have the information to make a solid investment choice.

Besides, I worked for the government for years. 6 months late is ahead of time IMO, lol.
 
Posted by Wallace#1 on :
 
I remember when it took that long to get an IRS rebate check.
 
Posted by Wallace#1 on :
 
Hey Ric, I got zapped by another Cult Member. Don't know if source is Christian Trader, OG Member, general Cult Member or from one of the pumper forums like Dr.Dementia's, etc. No big deal and hope they enjoy their second of extreme pleasure....probably much like a self-induced climax to them. LMAO

PS: And they say they don't read this forum!??!?!
 
Posted by Ric on :
 
I got zapped yesterday.
 
Posted by Ric on :
 
otis.campbell
26 May 2005, 10:32 PM EDT
Msg. 966633 of 966690
Jump to msg. #
To the paid bashers. You are ruining my investment. I did a lot of DD before I bought this stock and I know I bought a winner. We have 50M of jade, we have diamonds we have an honest CEO.
OK, we do have a few SEC filings missing and we do have a "little" bit of dilution and we are currently under SEC inquiry and have not had significant revenuse in the past, but it is all the fault of bashers and shorts.
703 BILLION O/S isn't bad. Many companies have even
more(I think). Our float is maybe 50% of the O/S. That is my guess(IMO). Plus we have congressmen on our side.
ABGG said Bush is now involved and it will become a big re-election issue. (IMO)
This is going to be the biggest Wall Street scandal ever and CMKX will bring down Wall Street. You just watch you Hedge Hog lying stinking shorters.

ROTFLMFAO
 
Posted by Ric on :
 
Really though. I see CMKX and all that is going on. I really do have a hard time understanding how someone could see this as an investment. Legal once said that all the bashers have is 703 billion o/s. thats not really true but really what else do you need. They divert attention to NSS but if we have it or not have it what difference does it make. 703 billion o/s and well over 300 billion is float. The lies, hiding information, taking the 5th, not filing, SEC investigation, 30 million in debt, and everything else still doesn't say as much as 703 billion o/s.

I just can't figure these people out. It is easy to see for me. Oh well.

[ May 26, 2005, 23:23: Message edited by: Ric ]
 
Posted by Wallace#1 on :
 
Really like that man's(otis.campbell) insight, Ric. LOL
 
Posted by Ric on :
 
I liked it, lol.
 
Posted by Wallace#1 on :
 
"Good night, Mrs.Kalabash, who ever you are."

How many of you remember that? Know dwman will remember.

Good night.
 
Posted by Upside on :
 
Jimmy Durante's closing line, right?
 
Posted by legaleagle on :
 
You all seem to be out of things to say. Take this apart:


By: go2guy2
26 May 2005, 10:58 PM EDT
Msg. 218901 of 218925
Jump to msg. #
Look into Gary Walters, Rick Tauli and especially BBX Equities. Where do I begin...Pull up a chair. In Nanosignal, BBX equities acquired a large position of the company somehow, Gary Walters also acquired alot of shares. John Edwards won a settlement from NNOS for $200,000 for services rendered..Anyway, it was rumored that NNOS was being pumped by Tauli and Walters all the time they were shorting against their almost majority position in NNOS. From what I read, they did this to a few other companies to..RAMO comes to mind...Ok, so I believe that before Barrington Foods became UCAD, our Boy Rendall went to BBX equity (run by Walters) for financing. Somehow BBX equities, IMHO, gets it's grip on a large portion of UCAD....I think through the Crystalix Connection (Dhonau, Woodward, BSIC Investors etc..)....and they in turn set their sights on CMKX. Now, I don't think Rendall is that smart, and I don't think Ed is that crooked, but I do think they would not be apposed to having the Sasketchewan Claims fall into their lap. At the same time, I think they realize that the good folks at BBX are going to do the same to UCAD, and Nevada Minerals if they can, so they see a benefit in playing along. Ed makes a mineral rights for shares agreement and UCAD buys an interest in CMKX.
So, Woodward and Michael King are involved in Crystalix. BBX Equity has a Michael King listed as a director.
Michael King runs Princeton Research website a stock touting operation.
He was also appointed to CMKM board in Nov 2002 along with Richard Taulli

Richard Taulli is also listed as treasurer of UCAD.

John S Woodward is president of UCAD.

John S Woodward is also listed as president of Crystalix, though
'resigned'

These guys have their fingers in CMKX and UCAD and CRYSTALIX and...THE PUMP IS ON FULL BLAST! All the while they are shorting the HE** (double hockeysticks) out of all of them. Then Crystalix screws up and they cannot buy Lazer Tek..Lazer Tek is awarded Crystalix's assets and assumes the name Crystalix with a new man in charge who grabs Woodward by the throat and takes away his voting rights...Kevin T. Ryan, partner in Global Intelligence Network with one Iron Bob Maheu...and they realize what is hapening. They see why Crystalix was in trouble. And I believe they hold grudges too. Meanwhile back at the ranch, Urban realizes that the insiders are short selling his company into oblivion. Oh my, he needs help..and he needs a plan. IMHO, he and Kevin Ryan hook up over some hotdogs at the race track. Its about this time that D Roger Glenn comes into the picture. Hmmmm. Now, I know that Roger has taken alot of heat...I still say he will be redeemed at some time. Roger sets up the dividends and traps the NSS. In September, CMKXTREME loans Crystalix a few Million. Then , In MY humble opinion, Roger calls in the SEC when he realizes that forces are trying to prevent the companies from filing. I think the party was supposed to reveal the Board of Directors and major share holders for both companies...and those people do not want their identity known. So much so that they threaten Urban and Rendell, and leverage information which might put the claims in jeopardy. UC is trapped and stays gagged. The SEC steps in because RG and IBM have given them info regarding the manipulation of these stocks. We watch USCA skyrocket and split and then get stopped. Now we're in a "quiet period" and RG tells Dhonau..."Ed, get out of CMKX or you will put it all in jeopardy and I'll introduce you to Bubba, your new roomate personally". Ed gives back the 75 Mill in Certs and they go into Urban's hands. "Check"...SHO is coming, you'll have to settle soon shorty Finally in February, IBM has had enough, sho is ineffective. Urban brings him on board as Co Chairman..and Roger goes onto USCA...but he's never announced as their compliance attorney..hmmm. Langley is introduced somewhere in there...Its just really messy. Well, if you've been in since January, you can put the rest together. In February or May, UC sets up a private trust. In April that trust loans Crystalix another $Million.
Woodwards leins against Crystalix are to be subordinated to the leins held by Kevin Ryan and Urban.
I'm intrigued to see where this is going, but I've got a feeling tha all of UC's moves are carefully scripted.

Again, this is all my opinion..based on som light reading.
 
Posted by Ric on :
 
To be honest, there are a lot of shady deals and shady characters with this company. So what may or may not have happen, who knows. All these so called companies have traded company shares between each other and given divy's out like it meant something. If CMKX gives one company shares in exchange we get the other companies shares and they are given as divy's. It sounds good but what really happened. They diluted your shares so they could give you Divy's in other company. You would have been better off if they didn't dilute and got no divy's. Frizzle, I think is out of the loop now and is pulling at straws to make it look like he is doing something. I thought he was here to represent shareholders at the CMKX hearing. Now hes going off on his own to start something new and hopefully make more money. JMHO
 
Posted by Ric on :
 
Hey but UC still seems to make it out to the race track each week. Thats got to make the shareholders happy. Got CMKX
 
Posted by bill1352 on :
 
isnt otis cambell the drunk on andy griffin???

otis.campbell
26 May 2005, 10:32 PM EDT
Msg. 966633 of 966690
Jump to msg. #
To the paid bashers. You are ruining my investment. I did a lot of DD before I bought this stock and I know I bought a winner. We have 50M of jade, we have diamonds we have an honest CEO.
OK, we do have a few SEC filings missing and we do have a "little" bit of dilution and we are currently under SEC inquiry and have not had significant revenuse in the past, but it is all the fault of bashers and shorts.
703 BILLION O/S isn't bad. Many companies have even
more(I think). Our float is maybe 50% of the O/S. That is my guess(IMO). Plus we have congressmen on our side.
ABGG said Bush is now involved and it will become a big re-election issue. (IMO)
This is going to be the biggest Wall Street scandal ever and CMKX will bring down Wall Street. You just watch you Hedge Hog lying stinking shorters.


who ever posted this had to be drunk...close to brain dead drunk...the drunken stupidity of that post is dangerous to the minds of unsuspecting readers....must be the same otis cambell & goober must have been helping
 
Posted by bill1352 on :
 
2005-05-27 03:30:41
B: Equity Bridges Financial Relations: CMKX owners group update on the battle of naked short sales of CMKX securities ( M2 PRESSWIRE )

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


May 27, 2005 (M2 PRESSWIRE via COMTEX) -- Wayne Pedersen, President of Equity
Bridges Financial Relations, comments on The CMKX Owners Group that is battling
naked short sales in CMKM Diamonds Inc. (Pink Sheets: CMKX).

This news release is primarily being sent out to alert investors of CMKX that
may not be aware of updates from the CMKX Owners Group.

I am pleased to announce that John Martin and Bill Frizzell have started mailing
out letters to all of the shareholders that have not faxed in their statements
to Frizzell Law Firm. We believe that these people may not be reading message
boards and even press releases so John and Bill are taking on this huge
administrative task on behalf of you the stockholder. Right now there are
approximately 7,000 stockholders that have faxed in their statements. There are
approximately 52,000 stockholder accounts remaining. John and Bill have hired
temporary staff to help out with this huge administrative task.

I am also pleased to announce that a great deal of stock has already been
accounted for out of the 7,000 stockholders that have stepped forward. When the
remaining stockholders are contacted, Bill anticipates having overwhelming
evidence to prove beyond a reason of a doubt that a naked short position exists
in CMKX. What does that mean for stockholders? This means that all of us will
have made history in coming together as a team of investors fighting for "what
is right". I am not aware of any investor group representing a single company
ever coming together as a team to fight naked shorting. Everyone involved needs
to pat themselves on the back for helping out not only themselves but their
fellowman.

Counterfeiting is illegal, whether it be money or securities. Selling non
existent stock to many of CMKX investors will not be tolerated. We the investors
of CMKX have the power to make a difference. Who really owns true shares of CMKX
besides the cert holders? A very interesting video to watch titled "Where's my
Stock?" is located on the home page of the Christian Financial Radio Network.
The link is: www.cfrn.net Be sure to listen to the interview with CMKX
shareholder, attorney, Bill Frizzell, which is also located on the home page.
 
Posted by bill1352 on :
 
Bill anticipates having overwhelming
evidence to prove beyond a reason of a doubt that a naked short position exists
in CMKX. What does that mean for stockholders? This means that all of us will
have made history in coming together as a team of investors fighting for "what
is right". I am not aware of any investor group representing a single company
ever coming together as a team to fight naked shorting. Everyone involved needs
to pat themselves on the back for helping out not only themselves but their
fellowman.
================================================


if you notice nowhere does it say you will get money, a raise in pps, a short squeeze, a cash settlement or anything of monatary value.

i will agree that if the OG proves a huge naked short & it gets the attention of the powers that be in a way that changes things then the CMKX OG deserves a standing ovation from every penny trader out there.
 
Posted by ed19363 on :
 
Officials said the GAO started its audit in the spring of 2004 and ended on Feb. 11. The GAO issued a draft unqualified opinion on the SEC's financial statements in early May, they said.

It took a year to audit the ENTIRE SEC !!!!!
Makes you wonder why it takes longer for a small diamond company to do the same.
 
Posted by CHIMAN34 on :
 
NOT sure if this was already posted.

GAO: SEC Lacks Effective Report Controls

The Associated Press
Thursday, May 26, 2005; 6:57 PM

WASHINGTON -- The Securities and Exchange Commission, which enforces rules mandating strong internal controls for public companies, itself lacks effective oversight of its financial reporting, congressional investigators say.

Congress' Government Accountability Office, in a report released Thursday, found "material internal-control weaknesses" in the SEC's recording of fines and restitution to investors that it wins in settlements with companies and individuals, its preparation of financial statements and the security of its information. As a result, the report says, the watchdog agency "did not maintain effective internal control over financial reporting as of Sept. 30, 2004."



The inadequate controls over the information systems increase the risk that confidential and sensitive SEC data could be altered or lost, possibly without agency staff being aware of it, the report says.

"The risks created by these information-security weaknesses are compounded because the SEC does not have a comprehensive monitoring program to identify unusual or suspicious access activities," the GAO says.

The agency said it's working to improve its controls in all the problem areas.

SEC officials said Thursday that the agency will add new staff to handle financial reporting and establish an internal committee, similar to a corporate board of directors' audit committee, to correct deficiencies.

"We're holding ourselves to the same standard we hold public companies," said SEC spokesman Matt Well. "We're disclosing these material weaknesses and explaining how we intend to remediate them."

Earlier this month, the SEC issued guidelines that allow flexibility for companies in implementing the provisions of a landmark anti-fraud law that mandates stronger internal financial controls. Many companies have complained that the requirements under the 2002 Sarbanes-Oxley Act, born of the corporate scandals, are too burdensome and costly.

The U.S. Chamber of Commerce, one of several business groups that have urged revision of the rules, said that the GAO's new findings prove its point.

"Our position could not be clearer or better proven," the group said in a statement. "The federal agency charged with upholding the integrity of corporate financial statements is unable to properly manage its own controls."
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
Officials said the GAO started its audit in the spring of 2004 and ended on Feb. 11. The GAO issued a draft unqualified opinion on the SEC's financial statements in early May, they said.

It took a year to audit the ENTIRE SEC !!!!!
Makes you wonder why it takes longer for a small diamond company to do the same.

I don't think the SEC was being naked shorted.
 
Posted by ed19363 on :
 
Explain one thing: IF (big IF) CMKX is shorted, why would they NOT publish the share structure as they believe it to be to expose the short instead of doing the lawyer bit? Seems to me that would be a simpler way, and how could they get in trouble by reporting the truth?
This, IMO, is why the situation is unbelievable !! By not publishing their share structure it APPEARS (there's that word again) that they have something to hide, and that engenders distrust. So publish it and let the SEC and DTC prove it wrong.
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
Explain one thing: IF (big IF) CMKX is shorted, why would they NOT publish the share structure as they believe it to be to expose the short instead of doing the lawyer bit? Seems to me that would be a simpler way, and how could they get in trouble by reporting the truth?
This, IMO, is why the situation is unbelievable !! By not publishing their share structure it APPEARS (there's that word again) that they have something to hide, and that engenders distrust. So publish it and let the SEC and DTC prove it wrong.

ed, it's in Stoecklein's hands now. Attornies only release sensitive information to judges and the principals while in litigation. They did release share structure a couple of months ago. What you want is the float, as do we all. And that will be turned over to the judge and the SEC at the appropriate time. Again, "shareholder impatience" is not part of the criteria that Stoecklein is operating under. And if a settlement agreement is being negotiated, we won't hear anything until it is finalized.
 
Posted by Ric on :
 
Your so funny Legal. You have to keep it up. They will tell us in due time when they feel its right for us to know. roflmao

Sorry but its a reporting company, they suppose to let us know every quarter. And since the stockholders also own the company then the deserve the answers now not when its they feel likw it. Its not stockholder impatience, its lies to cover up the P&D. There is no other reason to hide share structure which includes float and insider shares. The gave us O/S, thats all, thats not share structure.
 
Posted by ed19363 on :
 
I have to agree with Ric on this one. We arent asking for the moon, only what we are entitled to as shareholders.
I have been playing the market for almost 40 years, and have NEVER seen a company run like this one. It just doesnt make sense.
 
Posted by bill1352 on :
 
since when is share structure sensitive info??? when did the o/s become sensitive info?? when did the float become sensitive info??? applying for a patent?,,,thats sensitive info at least the process of getting to applying for the patent is. how many shares & who owns what??? thats required info. as legal pointed out we only qualified for the o/s info 2 months ago. makes ya wonder what the accountants need to do to qualify for the info needed to report if it takes the shareholders over 2 yrs to get the o/s. the only thing sensitive about the float will be UC's azz after angry shareholders turn a flamethrower on it. remember there are 56,000 shareholders, only 5200 ran to join the OG the rest must not be cult members. another 1800 sent in shares owned info but only after it was free to do. they have to send letters to everyone else to get the shares owned. that leaves a possible 49,000 angry shareholders & thats where sensitive comes in.
 
Posted by Ric on :
 
My theory is that the cult doesn't want to know the share structure. It would put holes in so many of there theories. Its like Fuzzy Frizzle Math, they want to believe they have a random sample so they can apply it to the rest and make a huge NSS out of it and using Fuzzy Frizzle Math does just that. All the paid pumpers are sign up so you have the largest holders of the stock in it. Sterling, Willy, Dr. D, John Martin, And all the CT, RB, Pro boards, and Paltalk cults have signed up. These are the people that followed these paid pumpers and bought massive shares. They are the 7000. The little guys that only spent $500 or less on a wild card are the ones that aren't part of the group or could care less about these boards.

So as long as they can believe Fuzzy Frizzle Math and that UC is keeping things from us for our own good then they can continue there theories and dreams of being a millionaire off a .00006 stock.
 
Posted by bill1352 on :
 
someone posted they thought frizzy & cmkx aren't buddy buddy right now...i think that might be the case. he got a list of who holds what but can't say chit & he implied there were a few stockholders that he had questions about. how they got shares, exactly 1 of the points canada & the SEC brought up. i wonder if the gag comes off if & more like when the judge shuts it down.
 
Posted by Ric on :
 
I heard that too bill. From what I heard, Frizzle has been taken completely out of the loop and the company isn't giving him anything. But why should they, he only supposed to have represented them at the hearing and thats over. And since the company doesn't give shareholders any information on the company then why give a lawyer of the shareholders any information.
 
Posted by bill1352 on :
 
any company that won't give the accountants they are paying what they need sure as h**l won't give the shareholders & even more so the lawyer for said shareholders anything. i wonder if even he knows the float. if he has a clue i bet it didn't come from cmkx.
 
Posted by ed19363 on :
 
Kinda thought that might happen. Frizz is gonna end up whipping the same dead horse we have been beating for a year or more.
UC just doesnt want ANYONE to know what he is doing. Betcha even Stoeklein didnt get everything he asked for either. There is no reason for UC to cooperate with any of them, or us. IMO, it comes down to the SEC to settle the matter.
 
Posted by legaleagle on :
 
The difference with Frizell and Stoecklein is that they have a SEC enforced deadline. After over a year, I can wait.
 
Posted by bill1352 on :
 
frizzy doesn't have any deadline legal...he is your lawyer. now to get the judge to read the NS report yes but the fact is he can gather info till he has enough shares or he feels the NS isn't worth chasing. if he has enough that its outragous he can take that to the SEC, the courts wherever as long as he has the proof. shares stay in your accounts after bankruptcys, & a stock being shut down, until you ask to have them cleared from your account. you have to sign a form & snail mail it in.
 
Posted by legaleagle on :
 
I am sure Frizzell wants to get the NS filed before the judge rules.
 
Posted by legaleagle on :
 
.0002 SALE


Trip 2 just went through and looks legit. Had been trading around .00009. Not likely a fat finger, so probably trading around the .00015 range. Up 100% since the beginning of the week's quad sevens.
 
Posted by Ric on :
 
I bet the company attorney doesn't know everything except what he had to have. Not sure he even got all that. Because it is funny that UC had a personal lawyer at the hearing for himself. Why do you need a personal lawyer at a hearing for the company? You have a company lawyer that could advise you on taking the fifth. To me a personal lawyer is needed to protect yourself not the company. I think UC knows he could go to jail if everything comes out, JMHO.

You know the best way to hide something is to pretend your trying to give it.

quote:
Originally posted by ed19363:
Kinda thought that might happen. Frizz is gonna end up whipping the same dead horse we have been beating for a year or more.
UC just doesnt want ANYONE to know what he is doing. Betcha even Stoeklein didnt get everything he asked for either. There is no reason for UC to cooperate with any of them, or us. IMO, it comes down to the SEC to settle the matter.


 
Posted by ed19363 on :
 
It'll be weeks before we find out...that's the hard part.
 
Posted by ed19363 on :
 
There is a rumor going around that we will get a PR tonite stating that there is nothing to PR about.
Who's on first?
 
Posted by Ric on :
 
I love that bit. Here it is if you want to here it again.


http://www.whos-on-first.com/
 
Posted by bill1352 on :
 
a sale at .0002??? ya right, it was somebody selling their shares at .00002. nobody in their right mind would be buying at .0002 now.
 
Posted by Ktrain420 on :
 
LOL
 
Posted by ed19363 on :
 
quote:
Originally posted by Ric:
I love that bit. Here it is if you want to here it again.


http://www.whos-on-first.com/

Mine too. Now, WITHOUT going back and reading it again, there is one player on the team that is never mentioned. Which position is it?
 
Posted by Wallace#1 on :
 
quote:
Originally posted by Upside:
Jimmy Durante's closing line, right?

100% correct, Upside!
 
Posted by Ric on :
 
Right Field

quote:
Originally posted by ed19363:
quote:
Originally posted by Ric:
I love that bit. Here it is if you want to here it again.


http://www.whos-on-first.com/

Mine too. Now, WITHOUT going back and reading it again, there is one player on the team that is never mentioned. Which position is it?

 
Posted by legaleagle on :
 
stockrich
God of Diamonds


member is offline





Posts: 798
Why a "Settlement" is the answer.
Thread started on: Today at 7:04pm

--------------------------------------------------------------------------------
A "settlement" justifies all of the *tight-lipped..."no comment"...silent period...hush, hush...pleading the 5th [fifth]...no filing...missing pages from 8k...

...I think you get the message. The point is, the settlement would come with a non-disclousure agreement so that other companies can't benefit from what we know, and what we've done.

Urban has been conspicuously quiet because he has to give off an impression that he is just as likely to fail, as he is to succeed. So, if the agreement is set, and the settlement is made, and the records are sealed. CMKX would remain a complete enigma as to whether they ever really had [the goods] or not. Then, any company trying to use CMKX as a precedent for their own case, may well be chasing...Nothing!

I don't think they are really that worried about CMKX, as much as they are about all of the suits that would follow if the details of our situation got out. That's why I think they [CMKX] have failed to show ANYTHING to the public...because ultimately their best hand will be a Royal-Flush that they will never use. It will quietly be put in to an envelope and sealed, and the cost for that will be a BIG FAT CHECK.

I believe the *silence and the doubt* are the KEY to parties who must pay. Urban know's he's being called a "fool and a thief" by his own shareholder's, but if he satisfy's your curiosity and demands to know the inner-workings of the company...he blow's his hand. And now, why should the MM's pay us, because once we're done [telling our story] every other company out there will use our case to prove their's.

So often you hear on our board "Where are the diamonds!" Well, remember, this is a "stockplay"; it's not a typical long investment...oh sure, it's taking a long time (not really, relatively speaking) but the method of making money here is not based on traditional, standard investment principles. It's more like a game of chess with some very clever players; and right now we've got a serious game of Chicken with some very high-stakes on the table.

Could this be...not what it's supposed to be! In other words, a scam! I guess, anything's possible. But if you look at all of the details [as so many have] it looks more like a well orchestrated Sting. Maybe i'm wrong, and if I am...they got me too!

Stockrich
 
Posted by legaleagle on :
 
xxdiamondchildxx
Diamondologist


member is offline


Posts: 457
***If this e-mail by John Martin holds true.......
Thread started on: Today at 5:05pm

--------------------------------------------------------------------------------
via Rsx03 (which I have thought a settlement to be the most logical answer to this saga with CASAVANT INTERNATIONAL MINING CORPORATION DIVIDENDS playing a huge financial role for CMKX Shareholders IMO), then I take this as ANOTHER WAKE UP CALL THAT SHOWS HOW ESSENTIAL IT IS TO FAX BILL FRIZZELL OUR BROKERAGE STATEMENTS NOW.....for as John Martin has indicated below "I am hoping for a settlement if we can put enough heat and exposure on to the bad guys". Please spread the word to all CMKX Shareholders because it appears that (via John Martin's words)...."We plan on turning all of this information in around mid June to the Judge".

http://cmkxdiamond.********s32.com/index.cgi?board=general&action=display&num=1117147968

Hi Johnny,

We plan on turning all of this information in around mid June to the Judge.
I dont expect a move in the PPS as I personally feel the NSS is too big to cover.
I am hoping for a settlement if we can put enough heat and exposure on to the bad guys.
Thank you for the kind words!

Hope this helps,

John
__________________________________________
----- Original Message -----
From: "Johnny " <xxxxxxxxx@xxxxxx.com>
To: <jmartin@cmkxownersgroup.com>
Sent: Wednesday, May 25, 2005 8:04 AM
Subject: CMKX

Hello John,
>
> As a concerned shareholder of CMKX, like the rest of us regarding
> what is going on continually with this case against the SEC
> With respect to all the work and dedication by you and your
> partners/staff we all appreciate very much your involvement in
> this matter
> To get things resolved quickly!
>
> What is happening daily with you? I know you do not post much on
> the boards, but I just like to know when this whole collecting of
> info will be DONE with and HANDED IN
>
> Are you working diligently on this with anyone..do you think
> covering and massive increase in PPS will commence soon??
>
> Any info you can give me would be great for ease of mind.
>
> Thanks for your time.
>
> Good job so far!!
>
>
> Johnny
 
Posted by Ric on :
 
I'm just wondering, is it a requirement that you lose a sense of reality to become a GOD of diamonds? Because all these gods seem to come up with some huge fantasies.
 
Posted by legaleagle on :
 
FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
(903)595-1921
E-Mail jmartin@cmkxownersgroup.com


Good Afternoon everyone!

Bill asked me to put this out this afternoon before we leave for the long weekend.

We have recieved our first response from the SEC on our FOIA request. We will contact the SEC Tuesday morning and provide for the necessary costs to be paid. It appears for now, that they are going to provide us with the requested information.

You can view the document on our web site in the Document section. www.cmkxownersgroup.com

Have a great Memorial Day weekend!

John
 
Posted by legaleagle on :
 
Street Shares: 272,085,115,795
Cert Shares: 31,567,746,517
Total Shares: 303,652,862,312
Signed Agreements: 5349
 
Posted by bill1352 on :
 
ok let me get this straight...now cmkx is not about diamonds??? as in never was??? cmkx is about a chess game with mm's???
============================================


So often you hear on our board "Where are the diamonds!" Well, remember, this is a "stockplay"; it's not a typical long investment...oh sure, it's taking a long time (not really, relatively speaking) but the method of making money here is not based on traditional, standard investment principles. It's more like a game of chess with some very clever players; and right now we've got a serious game of Chicken with some very high-stakes on the table


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


i guess that explains the cars instead of drill rigs. the "Got CMKX" slogan. the never saying a word to the shareholders, why those foolish ppl might really start believing cmkx was going to do manual labor & look for diamonds. all those theories about 1 pipe equalling $100's of billions of diamonds makes sence now. the paid bashers would go back to their bosses & tell them what morons the cmkx cult was & thus the mm's would short it even more. silly us, & we thought the cult was the moron in this story. NOT!!!


i sure hope they have a big enough rubber room for these clowns
 
Posted by bill1352 on :
 
lets see legal 295 billion in cert ( 326 billion minus the 31 million in OG) + 303.5 billion = 598.5 billion only 205 billion to go that is if UC hasn't added the rest of the a/s.
 
Posted by legaleagle on :
 
Those numbers are OG not the total from the 7 thousand plus fax in campaign. That figure is much higher
 
Posted by Wallace#1 on :
 
That person "stockrich" is out of his gourd from drinking too much "rich" koolaide. He said:

"A "settlement" justifies all of the *tight-lipped..."no comment"...silent period...hush, hush...pleading the 5th [fifth]...no filing...missing pages from 8k...

...I think you get the message. The point is, the settlement would come with a non-disclousure agreement so that other companies can't benefit from what we know, and what we've done."

WHERE DO THESE WACKOS COME FROM????
 
Posted by bill1352 on :
 
i swear to god wallace, its either a complete breakdown from the shock of reality or the fact that they had so little hope in life the loss of the cmkx dream cracked what little grey matter was there to begin with. legal i hope when reality hits in your case you get help before you go as far as some of these nut jobs.
 
Posted by will on :
 
I just finished reading the last three pages, and I give Otis Campbell the post of the week. Hey Otis where's Earnest T. Bass? He's a lot goofier than you are.

....and all you bashers are going to jail !!! Who was that idiot? Send him to my house, then I'll have a reason to go to jail. I think it's illegal to use a person for garden fertilizer, ain't it ?
 
Posted by duediligence1 on :
 
704 Billion shares and 7000 koolaid drinkers equals one bad mushroom trip.
 
Posted by ed19363 on :
 
So there never was any diamonds.
UC bought all the swamp land in Canada, sold shares of stock in it to buy a race car??
And oversold it on purpose so he could take on the SEC and fix all the ills of the stock market?
My, what a noble cause !!!!

This gets wilder by the minute.
 
Posted by Wallace#1 on :
 
will: "I just finished reading the last three pages, and I give Otis Campbell the post of the week. Hey Otis where's Earnest T. Bass? He's a lot goofier than you are."

You guys must be reading that Otis Campbell literally. I read it like it was "tongue in cheek". If you are correct, he must be one hell of a Kook!
 
Posted by will on :
 
"tongue in cheek", sounds like he as something else in another part of his anatomy? I'll not offend naoh with my la toliet humor on a holiday weekend, use your imagination, it won't be difficult.
 
Posted by legaleagle on :
 
Theres a new game in town


By: bobhwang
22 Jul 2004, 09:36 PM EDT
Msg. 7407 of 13692
Jump to msg. #
I'm sure they are doing this to gbll:


Theres a new game in town and its just getting started. The group playing this game is called The Cannibals. They are a group of very opportunistic hedge funds who have decided to take advantage of a new market phenomenon - that of excessive naked shorting. In the past 4 or 5 years there has been an alarming increase in naked shorting, most of it illegal. It started in earnest when some of the Internet momentum players of the 90s realized that the game was over, the bubble was bursting and they better start making money on the short side of the market running hedge funds. They soon realized that with their new power they could actually deny smaller companies access to the capital markets by shorting them into oblivion, especially those with losses burn rates).They have probably destroyed hundreds of companies, some say thousands. In some cases they have collectively shorted several times the entire number of a companys outstanding shares. As crazy as this sounds, it happens. But one persons abuse can be another persons opportunity, and now, along come The Cannibals. Their game is to identify companies which have been victimized by these shorts to the extent that their stock is now well below any objective level of intrinsic value and where certain minimal investment standards have been met. The company must have decent technology or products, adequate management, meet certain aspects of viability and have a large enough short position to provide substantial economic gain.

Information recently obtained from inside sources say that this is how the game is played. First the funds will very quietly accumulate a large number of shares at the already low price. Since the shorts would still be shorting they would look at the buy orders as free money. The key will be for the funds to make their initial purchases with considerable stealth until a significant position has been established. It is altogether possible that they will acquire as many or more shares as the company has outstanding, since at first, the shorts will be very accommodative. Then, once the core position has been established they will likely approach the company and consult with them about possible strategies such as delisting from the Berlin Berman Stock Exchange (which has been a hotbed of illegal shorting), declaring a stock dividend, maybe initiate a corporate maneuver requiring the issuance of new shares and probably working with outside consultants to do an in-depth shareholder audit to determine the extent and source of the shorting. Then comes crunch time! The Cannibals come out of the closet and start buying with gusto. Buy orders will be coming from every direction, on shore, off shore, hedge funds, well-heeled individual investors, chart readers, momentum players, etc. The Internet can be a useful tool in spreading the message. Once the market knows the shorts are on the run the pressure can get relentless. Unlike a soaring stock where most buyers have a choice of chasing or not, shorts have no choice but to cover at any cost as margin calls dictate the timing.

The hedge fund community is one of the most opportunistic in the world. Results over the past year or so have been sub-par which means their 20% fees arent being triggered. Here comes a chance for a handful of hedge funds to take advantage of a once-in-a-lifetime opportunity to strike it rich over the next year or so. The Cannibals are greed-driven and they plan to take full advantage of this unprecedented moment in market history, even if it comes at the expense of their fellow hedge funds (hence the name Cannibals). Some have already started to accumulate shares, but the fruits of their labors probably wont start to show up until later this summer of early fall. Dont be surprised to see this catch on in a big way. Once others see how the game is played there will be lots of copycats. Some of the cannibals are already planning for web sites, market letters, trading rooms, etc. Its even possible that one or two mutual funds of distressed stocks will surface before this is over.

What comes around, goes around,. Now the Cannibals are coming to town to eat their young and to create a new batch of billionaires.
 
Posted by tarq3 on :
 
All this can be found @:

www.CMKXownersgroup.com


FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
(903)595-1921
E-Mail jmartin@cmkxownersgroup.com


Dear Group Members, May 25, 2005

The fax in program is going well. I want to express my sincere thanks to those that have been able to fax their info on a single page or two to the fax-in line (903-595-4249). The process is working well and our numbers continue to flow in.

As a result of your efforts, we have accumulated data that will be instrumental in assessing the actual shares purchased in this stock. We have taken some very incomplete totals and were not surprised with the results. We decided we needed further information from a couple of the brokerage houses. The letters we have sent to Ameritrade and Etrade on this date are self explanatory. Thanks for all your efforts. Keep it up.

You can see them at www.cmkxownersgroup.com

Onward,

Bill

*****************************************************************
May 25, 2005

Ameritrade, Inc.
1065 N. Ameritrade Place
Bellevue, NE 68005
Attn: Compliance Department

Re: Request for information from CMKX account holders

Dear Sir or Madam:

This law firm is representing John Martin and approximately 5,200 shareholders of CMKM Diamonds, Inc. (CMKX) in several ongoing investigations. Mr. Martin is an Ameritrade customer and current account holder. As a part of our investigations, we have requested that shareholders forward to this office a copy of the customer statements which they receive from their broker/dealers to provide evidence of their ownership in CMKX. Company management has informed the shareholders that they are attempting to meet certain financial reporting requirements and are spending significant sums of money to meet these obligations. Due to the heavy trading in CMKX in the last 18 months, we are concerned about the total number of shares that have been sold or issued in this company stock. It is important for audit purposes that the company can state accurately the correct number of shares owned by CMKX shareholders. This inquiry has not been directed by the company, but is being made by customers of Ameritrade.

We have been provided a NOBO/OBO list from the issuer with a record date of April 27, 2005. The NOBO/OBO list indicates shareholders in this stock to total 59,669. Our shareholder request campaign is in its early stages. We have received responses from approximately 7,000 shareholders. The NOBO/OBO list indicates Ameritrade has 18,060 shareholder accounts. These accounts contain 180,519,376,324 shares of CMKX stock if this NOBO/OBO list is accurate. The list was provided by ADP. We have received to date 2,593 Ameritrade statements. These statements confirm ownership of 109,213,056,640 of CMKX stock. Assuming the NOBO/OBO figures are correct we could receive as many as 15,467 statements from the remaining CMKX shareholders. The average number of shares in CMKX shareholder accounts in Ameritrade is approximately 10,000,000 shares per the NOBO/OBO. I trust you can see our concern.

1. Are the number of shares held in Ameritrade accounts reported by the NOBO/OBO accurate? If the numbers are not accurate, could you possibly explain any inaccuracies?

At an SEC hearing a couple of weeks ago, we were advised of a letter from one of the market makers in this stock that resulted from an SEC/NADA investigation into some irregular trades in CMKX. See attached Exhibit:

2. As the attorney for John Martin and several thousand of your customers, I ask you to confirm whether or not any trades in this security were made on an ex-clearing basis through any market maker to which you are associated.

Under Regulation SHO, the DTCC is required to report open fails to deliver of stocks that meet certain threshold criteria to the SEC. [Rule 203(b)(3)] The law is well settled in Texas and most other states that broker/dealers have a fiduciary duty to their clients/customers. In furtherance of your fiduciary duty to Mr. Martin and the thousands of other Ameritrade customers I represent, please answer the following question.

3. Are there any open fails to deliver in CMKX at Ameritrade at this time?

I am attaching as Exhibit; a letter which purports to be from Ameritrade employee Tina Nauman dated May 7, 2005. The letter references a CMKX Chapter 11 bankruptcy restructuring. The letter continues to say that Ameritrade is no longer allowing customers to buy the stock but will allow it customers to sell their shares. In furtherance of your fiduciary duty to Mr. Martin and thousands of other Ameritrade customers I represent, please answer the following questions.

4. Who informed you that CMKX was involved in a bankruptcy proceeding and when did Ameritrade learn of such bankruptcy?
5. Why has Ameritrade refused to accept buy orders in CMKX stock?

I have been informed that Ameritrade owns a substantial position in Knight Trading Group, Inc. At one point in 2004, I have been told that 40% of Knight's daily average share volume was in CMKX stock. Finally, in furtherance of your fiduciary duty to Mr. Martin and thousands of other Ameritrade customers I represent, please answer the following question.

6. Has Knight, in its market making capacity in CMKX stock, advised you of any substantial short position since you began brokering sales of CMKX stock?
7. Has Knight or any other market maker or broker/dealer sought your assistance in obtaining CMKX shares? If so, when did such occur?
8. Does Knight presently have any open fails to deliver in this stock? If so, what is Knight's open position?

CMKM Diamonds, Inc. is under close scrutiny of the SEC at this time. Your prompt response to the inquiries presented in this letter would be appreciated by many of your customers. Feel free to call me if any questions arise surrounding this letter. I look forward to your response.

Sincerely,

Bill Frizzell
Attorney for
JohnMartin et a
CMKX Owners Group

John Martin
Don Stoecklein
Leslie Hakala
 
Posted by tarq3 on :
 
May 25, 2005

Etrade Securities, LLC
Russell S. Elmer, General Counsel
671 No. Glebe Road, 11th Floor
Arlington, VA 22203

Re: Request for information from CMKX account holders

Dear Mr. Elmer:

This law firm is representing Kevin West and approximately 5,200 shareholders of CMKM Diamonds, Inc. (CMKX) in several ongoing investigations. As a part of our investigations, we have requested that shareholders forward to this office a copy of the customer statements which they receive from their broker/dealers to provide evidence of their ownership in CMKX. Company management has informed the shareholders that they are attempting to meet certain financial reporting requirements and are spending significant sums of money to meet these obligations. Due to the heavy trading in CMKX in the last 18 months, we are concerned about the total number of shares that have been sold or issued in this company stock. It is important for audit purposes that the company can state accurately the correct number of shares owned by CMKX shareholders. This inquiry has not been directed by the company, but is being made by customers of Etrade.

We have been provided a NOBO/OBO list from the issuer with a record date of April 27, 2005. Our shareholder request campaign is in its early stages. We have received responses from approximately 7,000 CMKX shareholders. The NOBO/OBO list indicates Etrade has 9,596 shareholder accounts (clients). These accounts contain 106,935,010,685 shares of CMKX stock if this NOBO/OBO list is accurate. The list was provided by ADP. We have received to date 1357 Etrade statements. These statements confirm ownership of 74,563,304,923 shares of CMKX stock. Assuming the NOBO/OBO figures are correct we could receive as many as 8,239 statements from the remaining CMKX shareholders. The average number of shares in CMKX shareholder accounts in Etrade is approximately 11,000,000 shares per the NOBO/OBO. I trust you can see our concern.

1. Are the number of shares held in Etrade accounts reported by the NOBO/OBO accurate? If the numbers are not accurate, could you possibly explain any inaccuracies?

At an SEC hearing a couple of weeks ago, we were advised of a letter from one of the market makers in this stock that resulted from an SEC/NADA investigation into some irregular trades in CMKX. See attached Exhibit

2. As the attorney for Kevin West and several thousand of your customers, I ask you to confirm whether or not any trades in this security were made on an ex-clearing basis through any market maker to which you are associated.

Under Regulation SHO, the DTCC is required to report to the SEC open fails to deliver of stocks that meet certain threshold criteria. [Rule 203(b)(3)] The law is well settled in Texas and most other states that broker/dealers have a fiduciary duty to their clients/customers. In furtherance of your fiduciary duty to Mr. West and the thousands of other Etrade customers I represent, please answer the following question.

3. Are there any open fails to deliver in CMKX at Etrade at this time?

I am attaching as Exhibit, a letter which purports to be from Etrade employee Ernest Tannis dated May 24, 2005. The letter references a sale of CMKX assets to USCA on or about July 18, 2005. In furtherance of your fiduciary duty to Mr. West and thousands of other Etrade customers I represent, please answer the following questions.

4. Who informed you that USCA was acquiring mineral assets of CMKX?
5. When did Etrade receive such information?

CMKM Diamonds, Inc. is under close scrutiny of the SEC at this time. Your prompt response to the inquiries presented in this letter would be appreciated by many of your customers. Feel free to call me if any questions arise surrounding this letter. I look forward to your response.

Sincerely,

Bill Frizzell
Attorney for
Kevin West et al
CMKX Owners Group
 
Posted by tarq3 on :
 
From another board, an interesting read
How the Market works:

The market doesn't have provisions to "make a settlement" on cmkx...

the market doesn't have provisions for side stepping how the market works...

the market works cause the market is a "free" market. there is no all powerful entity who can step in and stop the market from trading "freely"

the market fixes it's own "mistakes" by trading freely. thats what it's all about. no one who holds naked short shares will ever be let off the hook... the system may give them way too much rope for them to hang themselves with. and that is a much better option then any form of "controlled" market that i could imagine.

the thing to know for sure, well, as sure as america existing tomorrow, is that the market will fix this loophole the only way these things get fixed...

by making it more expensive then it is lucrative.

the sec is not designed to be ahead of the eightball -or in anyway proactive. the sec watches the markets and attempts to correct market crimes as they occur.

can the sec be corrupt? sure anything involving humans and money/power corrupts... but that is nothing new... and the fix is not new either...

it will be supply and demand that drives cmkx pps... supply is now seriously inflated, either nss or dilution beyond any reasonable level... either we've been scammed by cmxk (past tense) or we are being scammed by market makers willing to flood the market with illegal shares for the cash involved...

what the sec / system will do is start to identify the worst abusers of failiure to deliver type trading.

they are positively working to identify these parties as i write this post... that's their job... their job is also to investigate without alerting the specific offenders they are trying to catch.

when enough people know and enough are making noise... coming but now here just yet... we'll see the opportunity of nns'ing lose it's luster as those willing to nns in a market that is aware of what that means will eat the nns'er for lunch.

the free market works... the bad guys found a hole and have used it to gain, now the coin slowly turns, people start looking and asking questions... the light of day is the great leveler...

what happen for cmkx pps is only up to you 50,000+ individual owners. you'll make your decisions to sell cmkx someday... at some price...

remember that supply and demand in a free market can create gut wrenching swings, but once started a demand squeeze makes your shares more valuable at the expense of the naked shorter... the dtcc may not be too worried while nns bad guys have plenty of margin dollars... but as cmkx rises their margin falls... once the bad guys hit cash limits the dtcc won't hesitate to buy them in...

what we get is a squeeze... it's the only way the market works... and god bless america that it is this way... you might want to moan about poor cmkx pps, but remember it's the nns scandal that let you get cmkx at .000x in your own account...

what the bad guys want is for you to sell in the celler... sadly many will... the enotional abuse is too much for most people... the bad guys know this... cmkx upside is only limited by where it's 50,000 shareholders are willing to sell "some"

you'll all pick your own "settlement" price as you watch the stock actually trade up and down, up and down... like any settlement ever disclosed publicly you will setle for less then you could have gotten...

it's a free market driven by human nature... it works but it's not rational...
 
Posted by tarq3 on :
 
FriZZeLL got to luv em. They got FIGHT in there blOOd. Take the fight to them. Thats what i like to sEE. This is uncovering alot of stuFF that many of us speculated on. I have said for ever that even if a stock has 800 biLLion shares but yet trades about 25 biLLion a wEEk it would stiLL move.

PS remeber guys for every trade there is a buy and a seLL. Each transaction is both a buy and a seLL. I buy shares at what ever price that means someone sold wether it be a person or an MM. So my point is CMKX has had crazy volume for YEARS so obviously someone wants it to continualy buy. NuFF said they light is begining to shine on this whole ordeal.
 
Posted by duediligence1 on :
 
Thats crazy, I don't care what the volume is. 703 billion isn't going to move. Thats the craziest statement I think that I have ever read. You obviously have no clue how the market works.
 
Posted by tarq3 on :
 
quote:
Originally posted by duediligence1:
Thats crazy, I don't care what the volume is. 703 billion isn't going to move. Thats the craziest statement I think that I have ever read. You obviously have no clue how the market works.

Your are entitled to your statement but because simple math prOOfs tyou wrong i simply won't argue with you as it is pointleSS. Get a pen, paper and calculator and do the math. On average 5 biLL a day trades, that is 25 biLL a wEEk about 100biLL a month. Simple math
 
Posted by duediligence1 on :
 
Yeah simple math is what proves it can't move.

Well Prrm does a billion share of volume with 65 billion o/s. Thats 1/10th the O/S and only 1/5th the volume and can't move off the .0001 and won't. But still thats not how a stock moves. A stock moves in the penny market by traders and larger markets by institutions. These people want touch a 800 billion share company. Real investors want touch a 800 billion share company. You want to believe that really anyone would come into this in numbers then go ahead. But once a stock gets this high in o/s its dead. Period. No opinion necessary. It's fact.
 
Posted by xyz on :
 
Someone thinks 800 billion shares will move. Now thats funny.
 
Posted by Wallace#1 on :
 
tarq3, just curious and no offense. Why does your keybd seem to stick caps in with the lower case letters of a word? I have seen your other posts and it doesn't always do that, so I know it is not your doing. Again, just curious.
 
Posted by Ric on :
 
To me the Ameritrade and E-trade just proves what some of us thought all alone. Because what does the letters say.

1) that fax shareholders are large investors with an avg of 50 million share

2) That the ones that didn't bother sending in any information are small holder 4-5 million shares

3) The Avg amount held over all for all shareholder is around 10 million shares

I think the NOBO/OBO proved that. Now what Frizzle is trying to do is state that since the ones that faxed in avg. 50 million shares that all share holders must avg that amount. Thats absolutely wrong and a abuse of the statistic models. We know from the other boards that most of the big holders and paid holders have faxed in there statement and have promoted it. Who are the ones that want to prove NSS? Its the ones that have a lot invested. Not to say that people with 1, 2, 3, 4 ,5 million share wouldn't want a return on there investment. But these people bought a lottery ticket and most thought they did or they would have bought more. So these people aren't going to bother and send personal information and spend more time and money to print out statement and pay to fax information they wouldn't share with but a few people. So they diffently aren't sending it into Frizzle. The Frizzle index is completely wrong and being a math major, I can say it with sure knowledge of statistics. Frizzles group or fax group are not a random sample. Ameritrade and E-trade total shareholders are a good random sample. I would have thought the average was actually lower but statistics seem to support a 10 million average hold.

I think the NOBO/OBO proved no NSS or at least no major NSS in CMKX. An average of 10.5 million shares times 59K plus shareholders is a little over 600 billion shares. Don't prove nothing other then what people want to twist into it.
 
Posted by Dustoff101 on :
 
Originally posted by Wallace#1:
That person "stockrich" is out of his gourd from drinking too much "rich" koolaide. He said:

"A "settlement" justifies all of the *tight-lipped..."no comment"...silent period...hush, hush...pleading the 5th [fifth]...no filing...missing pages from 8k...

...I think you get the message. The point is, the settlement would come with a non-disclousure agreement so that other companies can't benefit from what we know, and what we've done."

WHERE DO THESE WACKOS COME FROM????

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

Wallace, they come from the Wacko factory.......

More commonaly known as the State Mental Hospital...
 
Posted by ed19363 on :
 
Tarq, more useless drivel that's a week old.
Nothing will be settled until July.
 
Posted by buckwheatbob on :
 
quote:
Originally posted by legaleagle:
Street Shares: 272,085,115,795
Cert Shares: 31,567,746,517
Total Shares: 303,652,862,312
Signed Agreements: 5349

You missed a couple of things:

Possibility of profits 0 %
Make a book from this joke of a stock 110%
Will the shareholders gain from the book profits? No
 
Posted by legaleagle on :
 
Kevinw777 is Kevin West, the shareholder named in the Etrade letter. He was the main organizer of the OG and continues to be. Here is a post from him yesterday:


KevinW777
Diamondologist


member is online





Posts: 310
More shares not included in the OBO/NOBO lists!
Thread started on: May 26th, 2005, 11:42am

--------------------------------------------------------------------------------
A couple of interesting tidbits of information were just brought to my attention from someone familiar with the OBO/NOBO lists and it can mean that the NSS is much higher than EVER imagined!

It seems as though TD Waterhouse Canada is not reporting trades through the DTCC where they would (or should) normally find their way onto the OBO/NOBO lists. Can we get customers of this broker to make some calls and email inquiries to find out if this is true or not. Maybe someone that can record (if legal where you live) the phone call or get it in writing I would think these questions coming at them would start making them very nervous!

Also, I have learned and it is my understanding that European brokers do not report through the DTCC and therefore their trading would not find its way into the OBO/NOBO list either.. WOW, just how many COUNTERFEIT shares are really out there?

Does anyone have any further information on these two items that would either prove or disprove them? Your help in finding out these answers would be very helpful to DD that is going on to find answers to all kinds of questions.

Please post and or IM me any responses or you can email me at kevinw777@AmericaNeedsToKnow.com

KW
United We Stand!
 
Posted by legaleagle on :
 
If most of the naked short is not being reported on NOBO / OBO, then any projections based on it would be skewed.
 
Posted by bill1352 on :
 
It seems as though TD Waterhouse Canada is not reporting trades through the DTCC where they would (or should) normally find their way onto the OBO/NOBO lists. Can we get customers of this broker to make some calls and email inquiries to find out if this is true or not. Maybe someone that can record (if legal where you live) the phone call or get it in writing I would think these questions coming at them would start making them very nervous!
===========================


this is because they buy shares from the US market. they are reported to tape thru the US mm they buy from. same goes for the european markets except the berlin market. this is why so many stocks want & demand to be delisted from this market. if your read why saskatuwan shut cmkx down it was over cmkx selling unregistered shares, sounds like NS'ing to me only differance it was cmkx ns'ing its own stock.
 
Posted by ed19363 on :
 
quote:
Originally posted by legaleagle:
If most of the naked short is not being reported on NOBO / OBO, then any projections based on it would be skewed.

This whole situation is "skewed" !!!!!!!!!
HAHAHAHHAHAHAHAHAHAHAHA
 
Posted by Ric on :
 
http://members.cox.net/cyberlaw/pic/interview.jpg

http://members.cox.net/cyberlaw/pic/uchome.jpg

http://members.cox.net/cyberlaw/pic/willy5.jpg

Heres all of them, funny

http://home.comcast.net/~davesoft/fatboy.htm
 
Posted by Penny-Trader on :
 
its a sting alright lol

is your wallet stinging yet lol


I wish you all the luck in the world and hope you all get something out of this stock.


I believe that this is going to be an empty shell soon that will never ever move from where it is right now.

I hope for all you that have been faithful to this thing that i am wrong.


I have one question that i would like to know.

who is moving the billions of shares that moves on this everyday. it aint daytraders, and it doesnt make sence that the mms would be moving shares back and forth to each other.

I would love to hear an explanation to this one.

rod

quote:
Originally posted by legaleagle:
stockrich
God of Diamonds


member is offline





Posts: 798
Why a "Settlement" is the answer.
Thread started on: Today at 7:04pm

--------------------------------------------------------------------------------
A "settlement" justifies all of the *tight-lipped..."no comment"...silent period...hush, hush...pleading the 5th [fifth]...no filing...missing pages from 8k...

...I think you get the message. The point is, the settlement would come with a non-disclousure agreement so that other companies can't benefit from what we know, and what we've done.

Urban has been conspicuously quiet because he has to give off an impression that he is just as likely to fail, as he is to succeed. So, if the agreement is set, and the settlement is made, and the records are sealed. CMKX would remain a complete enigma as to whether they ever really had [the goods] or not. Then, any company trying to use CMKX as a precedent for their own case, may well be chasing...Nothing!

I don't think they are really that worried about CMKX, as much as they are about all of the suits that would follow if the details of our situation got out. That's why I think they [CMKX] have failed to show ANYTHING to the public...because ultimately their best hand will be a Royal-Flush that they will never use. It will quietly be put in to an envelope and sealed, and the cost for that will be a BIG FAT CHECK.

I believe the *silence and the doubt* are the KEY to parties who must pay. Urban know's he's being called a "fool and a thief" by his own shareholder's, but if he satisfy's your curiosity and demands to know the inner-workings of the company...he blow's his hand. And now, why should the MM's pay us, because once we're done [telling our story] every other company out there will use our case to prove their's.

So often you hear on our board "Where are the diamonds!" Well, remember, this is a "stockplay"; it's not a typical long investment...oh sure, it's taking a long time (not really, relatively speaking) but the method of making money here is not based on traditional, standard investment principles. It's more like a game of chess with some very clever players; and right now we've got a serious game of Chicken with some very high-stakes on the table.

Could this be...not what it's supposed to be! In other words, a scam! I guess, anything's possible. But if you look at all of the details [as so many have] it looks more like a well orchestrated Sting. Maybe i'm wrong, and if I am...they got me too!

Stockrich


 
Posted by ed19363 on :
 
who is moving the billions of shares that moves on this everyday. it aint daytraders, and it doesnt make sence that the mms would be moving shares back and forth to each other.

The faithful will tell you its the MMs buying at .0006 and selling at .0004 or some such nonsense. I dont believe it either. I think its the SEC doing the buying so they'll be rich when they dont shut it down??
 
Posted by Wallace#1 on :
 
Didn't they tell you, ed, we bashers are doing all the buying!!
 
Posted by ed19363 on :
 
Actually, my last move was to sell some to limit my exposure....but the number I sold wasnt in the billions...lol
 
Posted by ed19363 on :
 
Boy is this board quiet !!!!!
 
Posted by legaleagle on :
 
TA of 23 years speaks out.


http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=220358


By: bigwig46
31 May 2005, 09:11 PM EDT
Msg. 220358 of 220360
Jump to msg. #
Letter to SEC: Elimination of Stock Certificates
by Lori Livingston

From: Lori Livingston
Sent: Friday, May
27, 2005 3:26 PMTo: chairmanoffice@sec.gov; marketreg@sec.govSubject:
Elimination of Stock Certificates

To whom it may concern:

I am writing in regard to the recent press release from the Depository Trust Company (DTC) and other recent events and rules regarding DTC eligibility and Issuer rights in regard to DTC participation.

As someone who has been in the transfer agent business for 23 years, I am alarmed by recent developments and trends that all work toward a system of increasing positions on the books and records of corporations in the name of Cede & Co. (nominee name for DTC). As the transfer agent for approximately 300 issuers, I am increasingly contacted by these companies as they seek information regarding the stock ownership in their companies and the underlying trading of those shares in the market. Over the years as the amount of shares held at DTC has increased it has become more and more difficult to determine who owns the shares, who is trading them and if the trading is proper. This trend, and the resulting problems I will detail below, continues to increase because a minority of the total number of shareholders are reflected on the books and records of the corporation, most activity takes place behind the wall of ownership that is designated as Cede & Co. and neither the company nor the transfer agent has any access to the underlying information.

While the press release (which I have attached) heralds the movement toward increasing this trend of dematerialization as a triumph and great progress which will save investors millions of dollars, I see this trend from a different perspective and one which is not only alarming to me but to many of the companies that will be effected by these changes. I also disagree as to whether or not it will save shareholders millions of dollars or merely shift the costs through a different route and into different pockets. Additionally, I see this as continuing the trend of increasing costs to corporations, particularly smaller issuers already struggling with the ever increasing price of being a public company, and further decreased shareholder value based on the additional expense paid by the company.

Furthermore, DTC recently managed to put through a rule change (Release No. 34-50758A; File No.S7-24-04) that prohibits a transfer agent from representing any company who seeks to withdraw from the DTC system. This change effectively leaves companies with no voice or choice in the management of their stock and their ability to have any transparency as to what is actually taking place in the market in regard to their stock.

I receive calls from companies seeking information as they watch millions of shares trade in a single day, who watch their share price decrease in value and who have no access to information regarding who is behind the trading of these shares, or if in fact the trades are at all legitimate. As the system now operates, most companies have a large percentage of shares on their books registered to Cede & Co. This position usually represents a majority of the outstanding stock in any given company. Underlying this position is a system at DTC which is reflected in a Position Listing Reportand this report represents the brokers and clearing firms that hold positions in any given security on DTCs books and records for the beneficial owners (Non Objecting Beneficial Owners NOBOs and Objecting Beneficial Owners OBOs) or shareholders. The trades that take place on a daily basis move between these brokers and clearing firms electronically; however, the Issuer (nor their transfer agent) has any access to this data unless they order and pay for the lists. This is not only expensive for the company, but it also does not tell them anything about who actually owns the stock. For that information they must go to yet another party and that is ADP.

ADP is engaged by the brokers to keep track of the NOBOs and OBOs and to send the shareholders in Street Namereports and communications from the Issuer. Their other vital function is to serve as proxy tabulator for the shareholders who hold their shares in broker accounts. This is a critical function for the public company and one which they are required to perform by law. Given the importance of shareholder voting and communication one would assume that the same requirements placed on transfer agents as to accuracy and reporting would be placed on ADP and Cede & Co. as they usually hold or service the majority of the shares owned in any given company. I have found; however, that when presented with the tabulation reports from ADP the share totals they report sometimes exceed the total number of shares outstanding for the company. Let me restate this because it is a very important part of my concern about a system that is more and more headed in the direction of increased control by DTC. The shares presented by ADP, that are the shares voted by the brokers on behalf of the shareholders for whom they hold accounts, EXCEED when added to the shareholders of record the total number of shares outstanding. As the final judge and inspector of elections I would naturally inquire as to how the number of shares could be higher than the total shares that exist for a company and to my surprise I am told by ADP that they only vote what is reported by the brokers. It becomes the responsibility of the company, and further the transfer agent, to reconcile the numbers so that an annual meeting can be conducted that reflects numbers of share voted that makes any sense.

Where are these extra shares coming from? Why are there no controls on the number of shares held in the nominee name Cede & Co. vs. the ownership on the books and records of the brokers and why is the company not privy to any information unless it pays whatever fees it is told it must pay by the organizations that control the data? There have been a great deal of new regulatory levels of reporting put on companies (i.e. Sarbanes- Oxley Act compliance), but from where I am positioned in the marketplace that does not address what is a far greater problem for issuers shareholders and the integrity of the markets, and that is, who are their shareholders and how are their shares trading?

I will close at this point with a request to the SEC that in the rush to move to dematerialization someone look at the existing system and the inequities that exist in the market based on a companies complete ignorance and inability to know what is actually going on with the shares of their companies and the problems we face in the future as we move toward a system where the brokers, DTC and ADP have more information and control than the shareholders, the transfer agents and the issuers. In fact, as the system is evolving, DTC is de facto becoming the largest transfer agent in the industry even though it is an organization formed by and working for the interests of the brokerage community. If, ultimately, the S.E.C. is in place to protect investors then this issue can not be ignored because in the end when the market is completely under the control of the brokers and
the organizations that represent them then the market can neither be
transparent nor fair.

I thank you for your time in reading this communication.


Lori Livingston
President & CEO
Transfer Online, Inc.
317 SW Alder St., Second Fl
Portland OR 97204
 
Posted by ed19363 on :
 
Copies should be sent to Congressmen and Senators, in addition to any legal counsel connected with any company affected by the DTC.
Otherwise, this will go under the rug with the rest.
 
Posted by Wallace#1 on :
 
That, legal, was a very good and needed repost.
 
Posted by bill1352 on :
 
great letter legal in fact i think it deserves its own thread. its something that every penny trader should read & know about. i agree Ed, it needs to end up on every congressman's desk, & bush's to boot. its about time the companies & us shareholders take our fair share of the control.
 
Posted by wnycowboy on :
 
Does anyone know what this turd is currently trading at? I have been trying to unload for a while now. .0001?
Cowboy
 
Posted by bill1352 on :
 
try .00004 cowboy. it needs a 200% increase to see .0001 on bid.
 
Posted by legaleagle on :
 
SEC CHAIRMAN DONALDSON TO RESIGN. JUST ON CNBC
 
Posted by ed19363 on :
 
Must be getting hotter in New York....LOL.
Now if we can get the DTCC to resign too.....
 
Posted by wnycowboy on :
 
quote:
Originally posted by bill1352:
try .00004 cowboy. it needs a 200% increase to see .0001 on bid.

Thanks Bill. I don't even think E*trade will allow you to put in numbers that low....
IMHO. Add me to the list of bagholders unless a miracle happens.
Cowboy out.
 
Posted by Wallace#1 on :
 
Sorry for your misfortune, Cowboy.
 
Posted by Wallace#1 on :
 
Here's the Donaldson PR:

SEC Chairman Donaldson Stepping Down By MARTIN CRUTSINGER, AP Economics Writer
23 minutes ago



Securities and Exchange Commission Chairman William Donaldson, picked by President Bush to restore confidence in a stock market shaken by corporate scandals, announced his resignation Wednesday.

A Republican and Bush family friend, Donaldson was an activist who often clashed with traditional GOP business allies. They chafed over what they perceived as an excessive regulatory zeal during Donaldson's tenure.

Donaldson, who turns 74 on Thursday, told the president that "the time has come for me to step down and return to the private sector and my family." Donaldson said he would leave the agency on June 30.

In a letter to Bush, Donaldson cited the tireless work of SEC employees and said the past 2 1/2 years "may well be remembered as the most consequential and productive period in the commission's history."

In turn, Bush wished him well. "Bill Donaldson took on a tough job at a tough time and he delivered for the American people," Bush said in a statement. "He vigorously and fairly enforced our nation's securities laws and helped rebuild the public trust in corporate America that has been important to our economic recovery."

At a news conference, Donaldson refused to speculate about his successor.

Among the names being mentioned to head the agency are:

_James Doty, a lawyer in the Washington offices of the Texas-based firm of Baker Botts. Doty was general counsel at the SEC from 1990 to 1992.

_Peter Wallison, an SEC expert at the conservative American Enterprise Institute in Washington.

_The commission's Republican members, Paul S. Atkins and Cynthia A. Glassman. Both opposed Donaldson on some important votes.

Donaldson rejected the suggestion that he was leaving because of clashes with Republicans over commission decisions. He had sided with the two Democrats on the five-member panel on rules in such areas as stock market trading, hedge funds and mutual funds.

Donaldson said he hoped "there will be no legalistic rollback of any of these key items." He predicted the next chairman "will leave politics at the door."

Bush turned to Donaldson in 2003 to replace the embattled Harvey Pitt, who quit after a series of political missteps.

Donaldson helped put in place the Sarbanes-Oxley Act of 2002. The law tightened oversight of U.S. corporations and came in response to financial scandals at Enron Corp., WorldCom Inc and other large companies.

Donaldson also won approval at the SEC for a number of rules designed to clean up the $7 trillion mutual fund industry.

Various industry groups have increased their criticism of Donaldson in recent months, arguing the SEC was becoming too zealous and unfairly burdening honest companies.

Thomas Donohue, president of the U.S. Chamber of Commerce, spoke in an interview of bringing "the pendulum back ... to have the right balance."

Members of Congress praised Donaldson.

Donaldson helped "restore investor confidence in the markets," said GOP Rep. Michael Oxley (news, bio, voting record) of Ohio, chairman of the House Financial Services Committee. Donald's tenure was marked by "a commitment to ensuring investor protection and the integrity" of the markets, said Republican Sen. Richard Shelby (news, bio, voting record) of Alabama, chairman of the Senate Banking, Housing and Urban Affairs Committee.

Paul Brown, a professor of accounting at New York University's business school, said Donaldson's "array of activities have been impressive and good for investors, but they have not been the traditional conservative Republican-based positions."

Donaldson last month won SEC approval for a plan to overhaul stock trading. He joined with the Democrats on the commission as the two Republican commissioners objected to the new rules.

Under the proposal, known as the "trade-through" rule, stock brokers will be required to accept the best quoted price for any transaction, no matter which market it came from.

The rule is not due to take effect until 2006. Most observers said the SEC probably would take a second look at the issue should Bush appoint a more pro-business chairman of the SEC.

Donaldson's departure and pending vacancies in the two Democratic positions gives the White House the ability to alter the balance of power on the commission. By law, no party can control more than three seats on the five-member panel.

The term of one Democratic commissioner, Roel A. Campos, expires this year. Democrat Harvey Goldschmid has made it known that he intends to return to teaching at Columbia University this fall.

Senate Democrats have suggested that the president nominate the SEC's market director, Annette Nazareth, to fill Goldschmid's slot.

Before joining the SEC, Donaldson had a distinguished 45-year career at the heights of corporate America. He was as head of the New York Stock Exchange, Aetna Inc and investment banking firm Donaldson, Lufkin and Jenrette, which he co-founded.

___

Associated Press business writer Michael J. Martinez in New York and economics writer Jeannine Aversa contributed to this report.


Copyright 2005 The Associated Press
 
Posted by Wallace#1 on :
 
"Donaldson helped put in place the Sarbanes-Oxley Act of 2002."

Looks like Roger Glenn WAS NOT THE ONLY person involved with the above as the faithful tried to make everyone believe. Just as I had previously insisted!!
 
Posted by Wallace#1 on :
 
The sad part about Donaldson's resignation is that Bush (aka "the shrub") will appoint one of his business oriented cronies who will favor everyone except the public shareholders. So very sad!
 
Posted by Ruh420 on :
 
Is it over yet?
Damn!

Anyway, isn't there a way to make stock trading completly electronic? Fire 90% of the brokers and hire Server admins and coders.

If it were 100% electronic every share traded would have all information tagged to it, no need for all this bs.
 
Posted by BuyTex on :
 
that'd be great--I could do much better against software than I can against NITE, lol
 
Posted by legaleagle on :
 
MarketWatch
Market Pulse: Knight Capital broker-dealer chief steps down
Tuesday May 31, 4:19 pm ET
By David Weidner


NEW YORK (MarketWatch) -- The head of brokerage operations at Knight Capital Group , Mony Rueven, will step down, the company said Tuesday. The Nasdaq market maker said Chairman and Chief Executive Thomas Joyce will lead the brokerage until a new chief for the unit is named. Shares fell 5 cents to close at $7.55.
 
Posted by bill1352 on :
 
donaldson did clean up a lot of stuff but in the big money area. it seems the SEC forgets about its red-headed step child the OTCBB. today i sent that letter legal posted from the t/a to my states senators. found a site with a soap box section but it costs to place anything in there & the most read letter had only 200 hits. not worth the $6 to post in that section since most were flamin liberals or stone cold conservatives neither of which would give a crap about the OTCBB.
 
Posted by bill1352 on :
 
news on the new guy...GOP OFFICIALS: BUSH INTENDS TO NOMINATE CALIFORNIA REP. CHRISTOPHER COX AS NEW SEC CHIEF. here is a link to his biography. if the LA Times backed him he can't be a hard core republican.


http://cox.house.gov/html/bio.cfm
 
Posted by Wallace#1 on :
 
Suggest you all read Purl Gurl's post over on Allstocks Hot Stocks thread about the big COX....new appointment by the big BUSH.

Re: "Bush Nominates Corporate Sleaze"
 
Posted by Ric on :
 
100% electronic will never work. The problem that can happen with 100% electronic trading is there is even worse people then the MM's that can run the market. I know there is not much worse but still. All you need to know is the program. Secrets can't be keep forever. Once some group can figure out what in the program causes a run or downfall they could cause it. Sort of like what a group does now. But the thing about group runs is that MM's know what to look for in one and will know when to make the market more liquid to slow the false upward movement so bottom wont be as hard. I could see computer hackers causing havic with the market and mafia like groups taking over the manipulation. Not that they don't now but it could be worse.

What needs to happen in the penny market. Is more enforcement of the rules, published bid/ask. Run it more like Nasdaq. Requiring pinks to give share structure and dilutions made public. Right now you never know were the shares are coming from, investors, the company, or shorts. If the company had to release that they were diluting it would sure help. There basically needs to be changes in a lot of places to help fix the problem. But were there is money, there is greed and crooks.

Worst of all, when you have comapnies like this one, and PRRM with more shares then the national debt claiming that its everyone elses fault then you will never get change. Scams like this one will never bring attention to the real problems. And just about ever scam out there is now crying wolf. How can someone believe that there is a real problem when the scams are the only ones standing up and crying wolf (loudly at least). It only makes the problem worse IMO.


quote:
Originally posted by Ruh420:
Is it over yet?
Damn!

Anyway, isn't there a way to make stock trading completly electronic? Fire 90% of the brokers and hire Server admins and coders.

If it were 100% electronic every share traded would have all information tagged to it, no need for all this bs.



[ June 02, 2005, 19:03: Message edited by: Ric ]
 
Posted by Ric on :
 
FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
(903)595-1921
E-Mail jmartin@cmkxownersgroup.com


Dear Group Members, June 2, 2005


Please accept my sincere thanks to all of you that have responded to our request for information on certain companies and individuals. We received quite a bit of information that was not known to this office before your help. This will be helpful as we continue our investigation. We will be looking for information on other people and companies in the next few days.

John has told me of many rumors circulating around the message boards regarding things I have said or not said. I have not been answering many emails due to other matters that are taking up my time. It is safe to say that I am trying to provide any significant information to all of the members at the same time through these updates. If it is not being provided to you from these updates, one should have some serious questions about the validity of the information.

We have contacted the FOIA specialist at the SEC and we have made financial arrangements to pay for our requested materials. We have made arrangements for two people to assist the specialist in obtaining our documents. These people have agreed to go in person to the SEC offices to retrieve our information once it is released. The specialist has been very pleasant and it appears we will have the material in relatively short order. We have asked if it is possible to obtain the documents within the next two weeks. We do not feel like there will be a problem obtaining our material in this time frame. I will update you with a more specific time table once I have confirmed specific dates on when we will be allowed to have access to the documents.

I should have an inquiry letter out to TD Waterhouse Canada tomorrow. The letter will be self explanatory. This will be sent to you via another update. Mr. Stoecklein is back in the country. We spoke at length today. I have explained the concerns over the drilling report submitted with the 8K. Mr. Stoecklein has assured us that his office filed with Edgar the entire report he was given. The mystery of the missing Table 1 still looms. He knows our concerns and plans to visit with the individual that sent the drilling report to his law firm. We will get back with more information once we have received it.


Onward,

Bill
 
Posted by Wallace#1 on :
 
"He knows our concerns and plans to visit with the individual that sent the drilling report to his law firm. We will get back with more information once we have received it."

Bet I know exactly who that probably was that sent the report to Stoecklein! I nominate Urban Casavant....the one and only CMKX officer!
 
Posted by Ric on :
 
I think he lost that table 1 at the Race Track. Gets breezy at the track sometimes, lol.

The funny thing is or not so funny, it's possible.
 
Posted by bill1352 on :
 
what is so unbelievable on that 8k is it has been a few weeks since its release...you know somebody at CMKX has heard its missing table 1 & yet no correction. the table that shows the entire goldtac fly over according to the print in the 8k & the results of that fly over. it's just left out there hanging so rumors can fly. but then i guess i'm still looking for things on diamonds, i forget this was never about diamonds its a set up company to cook the NS'ing mm's & cure the market of its sickness.
 
Posted by legaleagle on :
 
BOTH
 
Posted by legaleagle on :
 
The ammo is mounting (Zeninvestor)


From PB 32


zeninvestor32
God of Diamonds

member is offline


Joined: May 2005
Posts: 532
The ammo is mounting.
Thread Started on Jun 1, 2005, 5:30pm

--------------------------------------------------------------------------------
When you look at the list of things that have happened recently, it is all starting to add up. IMO get ready for the biggest shock to the financial markets to ever hit. HedgeGate '05 (or '06 maybe) I believe will make all other financial scandals pale in comparison.


Bennett grills Donaldson.
5 Senators (and more to join?) begin a vocal inquiry into counterfeited shares.
SEC's Cutler steps down.
SEC's Donaldson to step down.
SEC authorizes a limit of liability on all wilfull misconduct and federal securities law violations by the NSCC (subsidiary of DTC).
DTC awkwardly puts out 2 back-to-back defensive PRs claiming there is no illegal naked short selling through it
Overstock.com president puts out scathing letter re: counterfeit shares.
O'Quinn lawsuits continue.
Eagletech judge orders DTC to produce trading records.
Pink Sheets president puts out scathing letter re: counterfeit shares.
Transfer Online President puts out scathing letter condemning the DTC for its failed system.
SHO continues to fail comprehensively.
SEC nailed for failing to complete its OWN financials and for failed oversight methods in its responsibility (congressional probe to begin).
Dateline episode on NSS postponed indefinitely.
DTC ignores the First Amendment and shuts Financialwire's publishing avenues down.


Start adding it up. The biggest scandal of all-time on Wall Street is about to hit imo. The hedge funds have taken advantage of every loophole in the book to make trillions imo and the sec and dtc have sat idly by while the hedge fund industry has exploded in growth. I only hope that when this is all said and done that there is not a global meltdown from this. I hope that there will be a cushion of some sort to help the markets absorb the changes that MUST take place:

1. Get rid of the DTC.
2. Give SHO teeth.
3. Eliminate the MM system and move to an all-electronic trading system with certain controls in place.
4. Let the heads roll at the SEC.
5. Take down the guilty hedge funds.
6. Move to eliminate all pink sheet companies over time (there simply should NOT be a market for securities this unregulated).
7. Pray the financial markets survive the fallout.


How will CMKX play into this? I don't know. I do know that Maheu is probably capable of "conditioning atmospheres" as they say and, given his history, I highly doubt if any of us would EVER know what he knows or where his next moves will be. I'm just glad he's on our side of the chessboard.


Donaldson's resignation should come as no surprise. A storm is a-brewin' imo and those that see it on the radar are preparing for it. Remember how insider selling can often reveal problems well in advance of market knowledge. Well, take a gander at the exodus going on at the SEC ...
I do think this is an excellent opportunity for one party to seize the day and be the ones to "help america by exposing and fixing this horrible scandal." Someone will take this on proactively (the Bush camp imo) and instead of being an administration that "got burned by this scandal" it will be the administration that "rooted out this evil". It sort of reminds me of that Whattaburger commercial where the guy is running late to the office, so he picks up some Whattaburger breakfast taquitos and the narrator says "Now you're no longer the guy that showed up late. You're the guy that brought breakfast!" LOL
 
Posted by ed19363 on :
 
No news. No PR. No speculation. No nothing.

I think this will just fade off into the sunset with no fanfare at all. July comes around, CMKX gets delisted, and we never even get a word from the company. Nobody sez "Gee, we're sorry."
Nothing.

IMDO (that's In My DISGUSTED Opinion)
 
Posted by Wallace#1 on :
 
If I remember correctly that Goldak report included more companies than just CMKX. That may be why some portion was not included. Possibly the only portion relating to the 8K was the 16 anomalies....and the rest to other companies including USCA. Might just explain the missing info. Otherwise, it had to be Urban Casavant's doing that incomplete information was filed. Frankly, that would be no surprise.
 
Posted by Wallace#1 on :
 
As per legal's repost:

"I do think this is an excellent opportunity for one party to seize the day and be the ones to "help america by exposing and fixing this horrible scandal." Someone will take this on proactively (the Bush camp imo) and instead of being an administration that "got burned by this scandal" it will be the administration that "rooted out this evil".
-------------------

legal, that guy PB 32 is living in dreamland with the CMKXers living in la la land with the statement about the Bush camp cleaning things up. Just the opposite will be the case with the Bush camp in league with big business.
 
Posted by ed19363 on :
 
Come on guys....the only people more dishonest than politicians are lawyers and used-car salesmen....>LOL
 
Posted by Ric on :
 
Well, you ever notice that most politicians are lawyers. But you left out insurance salesmen.

Reminds me of the old but true joke.

What do you call 20 lawyers at the bottom of the ocean?

............... A good start.
 
Posted by bill1352 on :
 
well wallace i think we found a point of disagreement...i'll bet Bush has no clue nor even heard of NSS...its mostly OTCBB stocks not NYSE. reading this Cox guys history i'd think once he finds out the depth of the problem & with the mounting pressure by investors he'll find out fast, i bet at least something will get done. i sure wish they would use better companies then some of the poster children they are using, of course they can claim they issued so many shares because the pps was destroyed by counterfit shares...cmkx of course would have needed money for mining activitys & since none was going on there is no excuse.
 
Posted by Wallace#1 on :
 
bill, what do you mean "we found a point of disagreement"? Look at this part: "i'll bet Bush has no clue..." See, WE DO AGREE!!! LOL I have been a Republican most of my life (including having been a Republican County Committeeman, but am very disappointed with Bush and the Republican party during "the Shrub's" terms of office. Further, I cannot stand the idea that the Senate, Congress and Executive are controlled by one political party. Sorry, my friend.
 
Posted by legaleagle on :
 
Bush has no choice but to clean it up.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by legaleagle:
Bush has no choice but to clean it up.

legal, I sure hope you are correct!
 
Posted by GatorMan on :
 
For those who haven't seen it yet the SEC's "Post-Hearing Brief and Statement of Postition" is posted on the CMKX Owners Group site: www dot cmkxownersgroup dot com/documents.php

This should make some interesting discussion [Big Grin]
 
Posted by tarq3 on :
 
FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
(903)595-1921
E-Mail jmartin@cmkxownersgroup.com


June 3, 2005


Dear Group Members,

I have posted the Post Hearing Brief written by the SEC on the
owners' group web site. www.cmkxownersgroup.com I believe this
document was filed with the Court this morning. A response brief is
due from the company on or before June 17, 2005. The Court has
agreed to accept a brief from the shareholders addressing the issues
raised by the SEC brief. We will file our response on or before June
17, 2005.

I have been in discussion with Mr. Stoecklein's office this morning
regarding the matters raised in the brief. Mr. Stoecklein has begun
preparation of the company response. It is my understanding that
preparation of the financials is continuing. A new auditing firm has
been retained to replace Neil Levine. I will provide you with the
new auditor's name when I am so advised.

Onward,

Bill
 
Posted by ed19363 on :
 
One step closer to the end....
 
Posted by Ric on :
 
Wow, what a punch. But it is what we said all alone. It is all about the filings and lies on form 15 period. All the other stuff was just proof that UC would lie to cover his tracks about deals and reporting. Were did all that money go???? Well, we know that answer and thats why there will never be a filing. Revoked July 15th.
 
Posted by legaleagle on :
 
That's one side of the story. Perhaps I will wait until I see the other side.

It was really nothing more than a recap of the charge of failing to file, in more vociferous terminology.

Yet I still did not see "scam" or indictments, or suspension / revocation by the judge.

I really didn't expect the SEC attornies to simply say "OOOPS".
 
Posted by ed19363 on :
 
Legal, just for 60 seconds, forget you know anything about NSS. NSS doesnt exist, there is no such thing. Okay? Now, you are a judge. You have read the charges and heard the testimony.

Okay? Now....is CMKX guilty or not guilty of the charges brought against them?

Read it carefully......carefully.....
Guilty or not guilty?
Be honest now....NSS testimony was disallowed.

Guilty or not guilty?
 
Posted by Ric on :
 
Not sure about recap except for charges. I think they really hit hard on the misgivings that have been given by CMKX. Especially from 2004 and they really haven't made charges this hard before. Of course they probably did at the hearing but we already knew we were getting only the cults version of that hearing. I would love to see those transcripts. Looked to me from some statements that there could be fraud charges leveled, jmho. Talking about reporting soon over and over again with no attempt to get it done. Certain business dealing, especially the jade deal, that money seemed to disappear. Why would the SEC make these charges if they weren't pretty sure they were true. If they are cmkx is DOA and maybe jail time for someone.
 
Posted by Upside on :
 
Just got done reading the entire brief. The SEC has spelled out everything we have been saying here for the last year or so, and we're the bad guys. As Legal said, I look forward to their response but in my opinion, the writing was on the wall long ago but somehow the obvious truth got all twisted around and now the bell is tolling. Anyone with any appreciable investment in this stock should get out while they still can, there's not much time left.
 
Posted by legaleagle on :
 
Without the naked shorting issue I would probably find CMKX guilty. But again, I haven't heard the other side.
 
Posted by BCmouser on :
 
PROBABLY FIND CMKX GUILTY??? So you arent really a legal eagle.
 
Posted by Wallace#1 on :
 
Was playing Texas Hold'em all night. What the hell did I miss? Guess I'll have to backcheck all posts. Later!
 
Posted by legaleagle on :
 
Yugsnioc please follow these few steps with me it may calm you down
step 1 read this;"according to 12-g rules
"a class of securities registered under the exchange act can be deregistered if (1) the shareholders of record in the appropriate class fall below 300, or(2) if the issuer has fewer than 500 sharholders of record(but more than 300) in the appropriate class and its total assets did not exceed $10 million on the last day of each of its three most recent fiscal years"

step 2 reread the last sentence of the reg: "on the last day of each of its three most recent fiscal years"

step 3 remember the fiscal year end for cmkx is dec 31

step 4: re read the last sentence of the reg:"on the last day of each of its three most recent fiscal years"

step 5: find where the sec or cmkx has addressed the shareholders of record on Dec 31 2002 as of yet.

step 6 re read the last sentence of the reg:"on the last day of each of its three most recent fiscal years"

step 7: think about january of 03 360 people got certed shares from the company for work.

step 8: reread that 692 shareholders of record on 22 july

step 9: reread the last sentence of the reg: "on the last day of each of its three most recent fiscal years"

step 10: ask yourself if between jan and july if only 32 people became shareholders of record or if we were under 300 shareholders of record "on the last day of each of its three most recent fiscal years"
 
Posted by Ktrain420 on :
 
where the hell is bill?? capt'n basher.......lol
 
Posted by legaleagle on :
 
quote:
Originally posted by BCmouser:
PROBABLY FIND CMKX GUILTY??? So you arent really a legal eagle.

BCmouser, in our judicial system we hear both sides.

The first thing I will point out about the SEC response is the the "manipulation" of the evidence, or "lying by omission" on the Jade deal. Here the SEC implies that Urban bought a multi million dollar jade collection, and has now somehow "run off" with the assets.

The entire jade collection deal was spelled out in PR's, which were subpoenaed by the SEC, and in their hands.

The jade collection was to be a lease deal, not a puchase, and was to be a profit making deal for CMKX because it had lined up casinos that wished to sublet the collection for display in the casinos. A very forthright and good business deal.

The deal fell through and all was PR'd and those PR's are in the hands of the SEC. Yet they attempt to cast aspersions on the company to make them sound like they had stolen millions from the company. Yet they know the opposite is the truth.

So, based on some of the information, I "might" find them guilty. But what I have posted here, demonstrates why you have to hear the opposite side. The entire opposite side.
 
Posted by Wallace#1 on :
 
legal, I suggest you give up the ghost....CMKX. I just finished reading that report and as Upside suggested, dump your shares at whatever you can get for them.

Even the SEC stated that they "suspected the filing of Form 15 may have been fraudulent" The FACTS certainly point in that specific direction. That means Frizzy is going to have to go after CMKX, Urban Casavant et al. That is and will your only hope. The problem there is that Frizzy has you all in the palm of one hand. I saw that coming too and told you so. Now, with a class action suit, he and his law firm will clean up and the public shareholders will get practically nothing. So sad!!

$24 million worth of stock issued to whom and why?

A jade collection reported to be worth $56 million may not have been reversed and the collection appears to have vanished?

No accounting of what happened to the $3 million from USCA?

No accounting of what happened to the $10 million from St.George Metals?

If the above plus all the misleading PRs does not indicate a case for FRAUD, I don't know what might!!!

As to the revocation, almost all of those accusations the SEC made are exactly what we have been trying to beat into unlistening heads for months on end.

You may also be interested to know that each and every one of the charges and the bit about protecting "future investors" (if you and the SEC wish to call them that) from harm and to "prevent future violations" are precisely the things I mentioned in my earlier email to the SEC in connection with CMKX, Urban Casavant et al. And, yes, I also pointed out the questionable backgrounds (giving sources to the SEC) of such as Dhonau, Desormeau and others.

Upside is 100% correct! Anyone reading this thread better get rid of all their CMKX shares right now if you are the least bit intelligent. You will probably get much more by selling now than you will get in any class action suit!

SO VERY, VERY SAD!!! WHY IN HELL DIDN'T YOU PEOPLE LISTEN???? WHY?????
 
Posted by Wallace#1 on :
 
legal, is the jade collection the only thing you can point out? We all know they never told us what happened in that deal. Come on, man, give up the ghost!

Just realized it's after midnight. Must be up early so, Good Night and Good Luck.
 
Posted by ed19363 on :
 
One more time, legal, then I give up.

The judge stated that she will not allow NSS to be used as a defense for the charges brought.
Ergo and therefore, there IS no defense, and she has no choice but to revoke CMKX.

No matter what defense the lawyers try to use, CMKX and UC are guilty....they have ADMITTED they are guilty. The judge doesnt care why, only that they're guilty.

As they say, ignorance is no excuse for breaking the law.
Neither is NSS a defense for not filing.

PERIOD
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
One more time, legal, then I give up.

The judge stated that she will not allow NSS to be used as a defense for the charges brought.
Ergo and therefore, there IS no defense, and she has no choice but to revoke CMKX.

No matter what defense the lawyers try to use, CMKX and UC are guilty....they have ADMITTED they are guilty. The judge doesnt care why, only that they're guilty.

As they say, ignorance is no excuse for breaking the law.
Neither is NSS a defense for not filing.

PERIOD

Please note ed that the judge said that NSS would not be permitted as a defense. This was during the pre trial conference. Then at the hearing she did permit NSS evidence in. Re: the Jeffries letter, and allowing Frizzell to enter his NSS evidence until the 29th. So it is in evidence and being considered.
 
Posted by Wallace#1 on :
 
Couldn't sleep because kept thinking of something else.

Anyone who bought into all or any of those JVs associated with CMKX or UC had better give some thought to what will happen to them with the court's decision as well. Forewarned is forearmed. If I held any, which I never did, I would have already sold them. GLTYA

Now I can sleep.
 
Posted by legaleagle on :
 
Wallace there is much more that I could point out as erroneous in the SEC reply. However, I will wait and allow Stoecklein the privilege. But here is something for you to consider:

An attorney with good credentials, Stoecklein, modified the 15g, knowing that he could not complete the filing procedure. Why would he do that? Didn't he know that the company would likely be subject to revocation? Of course he did. Would the company want to be revoked? Well there may be a good answer to that.

If you remember, I reposted some phxgold DD a few weeks ago concerning the "sellers" listed in the 14C. I believe it was glossed over with some innane comments about him. The 14C spells out a "forebearance" agreement between CMKX and the "sellers" who were creditors of the company in the purchase of land rights.

These "sellers" or some of them are suspect of using their restricted shares in the Jeff deal, and used as collateral in that deal for the shorting of the stock, in an attempt to bankrupt CMKX. If they had been successful, a bankruptcy would have turned everything over to them. In effect an "insider" hostile takeover of CMKX.

However, that forebearance agreement has a clause that terminates the agreement in the event of a revocation of the company. Are YOU listening Wallace?

That agreement also has a "privacy" clause that prevents Urban from speaking about the principals who we call the "sellers". He is forbidden from discussing terms of that agreement publically without some very certain requirements by a court or Federal investigative agency subpoena, which has not been done. A revocation hearing does not qualify under the laws concerning such confidentiality agreements. Hence, the fifth amendment. If Urban had spoken about these "sellers" and the attempted takeover, that would have been a different violation of the agreement and would have resulted in the loss of the company to these "sellers".

What I am telling you, is the "obvious" direction of this case are really not so "obvious" at all. That's why I am waiting for the whole story to be told. You, Wallace, are going to learn things you never learned on Wall Street, now.

And BTW, the going rate for selling our shares is about $60-70 per million. I don't know anyone who is silly enough to sell their "lottery ticket" for that amount until the numbers have been read.
 
Posted by legaleagle on :
 
With that post, I will be taking my leave from this board for a few days, as I go to Washington to hopefully be heard about the NS issues. But if you miss me, and I know some of you will, (LOL) you can catch me on CFRN radio, reporting from the rally.
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
Couldn't sleep because kept thinking of something else.

Anyone who bought into all or any of those JVs associated with CMKX or UC had better give some thought to what will happen to them with the court's decision as well. Forewarned is forearmed. If I held any, which I never did, I would have already sold them. GLTYA

Now I can sleep.

So, missed opportunities to bash, keep you awake? That's dedication.
 
Posted by Upside on :
 
Legal, good luck speaking out on the naked shorting issues. Unfortunately it's not going to have an impact on CMKX. This thing is done.
 
Posted by Upside on :
 
Posted by Legaleagle:
quote:
I don't know anyone who is silly enough to sell their "lottery ticket" for that amount until the numbers have been read.
Sure you do, me. Although I didn't get 60-70 per million, I got 40.
 
Posted by legaleagle on :
 
Upside, it is nearly done. But your definition of "done" is no doubt different than mine. You believe that what appears "obvious" is always fact. Folks like Glenn, Stoecklein and Mahue don't get into a company like CMKX for a few bucks and a blemish on their records. They know tactics, legal maneuvers, and "psy ops". And all are in play with this company.
 
Posted by Upside on :
 
Obvious isn't always fact but in this case it appears that it is. Look at the SEC's brief. It's pretty damaging. They discuss Mr. Mahue at length and it certainly appears that he is in fact being used to lend an air of credibility. He knows nothing about the company and if he's holding back for some reason, it's only going to hurt their case. Urban pleading the fifth was also discussed and the judge can only determine that it's for negative reasons. As you said earlier, this is just one side of the story and we're yet to see CMKX's side but I can't imagine how they're going to rebut all of these allegations.
 
Posted by alegarcia on :
 
hi
 
Posted by alegarcia on :
 
hi
 
Posted by alegarcia on :
 
hello I am new in this community, them greeting from Argentinean I do not know anything this company. if somebody is so amiable to briefly tell in that situation this this company me and as they are the future perspective thank you very much

[Smile] [Smile] [Smile] [Smile]
 
Posted by Ric on :
 
As far as the form 15, I think the fact that they stated on the form 15 "as of the certification or notice date" which was 7/17/2003 is where they messed up. They basically said they had about 300 as of 7/17/2003 which was a lie. When "as of that date" they had 698 and knew they had over 360 as of Feb. 2003 because they issued share to that many people.

Now if they had said as of the last filings, maybe they could have won the arguement in law as stated by phxgold. But by stating "as of that date" of the filing of the form 15 when UC certifed it then they made a mistake. Whether you feel that mistake shouldn't matter or not. The SEC feels they lied because they knew they issued to more shareholders earlier that year. The "as of that date" is what killed them.

Its all in the wording. Phxgold may be right in the letter of the law but since it was a statement of present made on the form 15 then the SEC is saying cmkx lied on the form 15 thus making the form 15 invalid. No matter if they could have filed it or not.

From form 15:

Approximate number of holders of record as of the certification or notice date:
300

Pursuant to the requirements of the Securities Exchange Act of 1934, Casavant Mining Kimberlite International, Inc. has caused this certification/notice to be signed on its behalf by the undersigned duly authorized person.


Date: 07/17/03
By:/s/Urban Casavant
Urban Casavant, President

[ June 04, 2005, 02:22: Message edited by: Ric ]
 
Posted by Ric on :
 
Legal she did say that NSS would not be used as evidence during the hearing. She did let Frizzle talk about it but she made it clear that it would not be entered as evidence. She was interested in knowing about the problem but said this was a filing issue. You better go back and read the post that came out of the hearing. That was the first thing said that NSS was not of this hearing.

As far as the next mornings meeting it was just a time frame issue for when each had to submit there rebuttals. Its like all other things that come out by the cult. Its starts as rumor and ends up fact when its not. The next days meeting never was a NSS meeting, it was the cults assumption.
 
Posted by ZJamaican on :
 
Im really not sure
 
Posted by ed19363 on :
 
The cult is forgetting one VERY important word. One that will be used over and over as this unfolds.

That word is "immaterial".
NSS is immaterial.
UC's inept business practices are immaterial.
Maheu is immaterial.

All that matter is "Has the law been broken?"
THAT is material.
 
Posted by bill1352 on :
 
well i worked last nite thus missed the SEC responce...just finished reading it & legals responce..where is dr d & a few of the others comments legal??? Legal i mean this in a nice way...GET YOUR HEAD OUT YOUR AZZ!!!!!!! you post 2 things that will allow a company to file form 15 ok lets look at them...300 shareholders...6 months before filing that form 15 UC gave 360 ppl 1 billion shares in cert form. that 360 number does not include UC or any family that already had shares. it does not include any ppl that bought cmkx from their brokers. these were 360 ppl given shares on 1 day yet 6 months later UC says in form 15 we have less then 300 shareholders. never calls the t/a. does nothing to indicate he even checked to make sure this statement was the truth. can you say SCAM, LIES, CHEATING, STEALING??? i think the SEC worded this point in a very kind way. ok the second point in filing a form 15...more then 300 shareholders but less then $10 million in assets...we proved UC knew he had 300 plus shareholders so $10 million needs to be proven...Jade collection comes to mind...a $56 million jade collection that nobody knows where it went. in court it was stated that 1/2 was not bought but the second may have been but still not sure where it went. in mid-2004 they had 2 deals that gave them $13 million in cash. your $10 million is passed by without adding in the claims. the same claims that for the last 2 yrs the cult has called the greatest diamond find in the world history. the same claims that were to make 400 billion shares worth $1 per share. if they weren't worth $10 million dollars i'd say your 400 billion shares were in trouble let alone 703 billion shares. so again Legal, as someone from the other side of a debate i say without malace...GET YOUR HEAD OUT YOUR AZZ!!!!
 
Posted by bill1352 on :
 
well fellow bashers...us "merry men"...we have 1 month left of this entertainment. seriously, we need to find another cmkx & move there..lol. i dislike the fact that in being correct so many ppl will lose hard earned money. the cult has pumped this & UC has dumped this to a point that 56K will lose cash. thats never a good thing or a good thought. that doesnt include those that bought & sold out losing cash like myself. i find it hard to believe its possible but if they can prove a NS that is huge & help correct the problem then maybe it will be worth the cash in the long run. but cmkx is done. i am curious as to stockleins responce to this SEC post trial thing. notice how most of the SEC's proof never got to us? not even frizzy gave out the info. the fact that UC gave 360 ppl shares 6 months before the form 15 was never mentioned. wanna bet the o/s is now 800 billion?? that is if UC could find a mm to sell the shares...lol
 
Posted by Upside on :
 
Posted by Bill:
quote:
well fellow bashers...us "merry men"...we have 1 month left of this entertainment. seriously, we need to find another cmkx & move there..lol.
CNES, QBID, THTHF, Gateway, whatever its symbol is now, there's tons of them out there, let's pick one.
 
Posted by will on :
 
Man, they'll kill you over on th QBID thread. lil hangs out there, and besides bill likes QBID. LOL
 
Posted by will on :
 
hey UpMan, did you notice a hint of sobriety in legals last few posts?
Wonder how Dr D is gonna spin those charges. You know he has to like that the SEC is geting more aggressive, probably means a HUGE buyout offer is coming soon. OH! Excuse me, did I say buyout? I meant settlement. lol
What a bunch !

Citi-Group !!!

[ June 04, 2005, 14:05: Message edited by: will ]
 
Posted by will on :
 
Anyone check out Wee Willy Wanker and the Whackos lately?

I can't imagine what the heck they'll be saying now. I know it has to be good though.
 
Posted by ed19363 on :
 
Penny stocks are easy to bash. So damn few of them ever do anything.
 
Posted by bill1352 on :
 
beyond all the criminal actions by UC the even more criminal action is that 1 or more of those claim sections might just have a kimberlite pipe worth mining. shore gold proves debeers missed at least 1. UC was able to bring in partner companies to help the search & exploration costs so it wasn't all on cmkx's shoulders to foot the bill. when the o/s was 500 million the pps had value. if in the process of exploration they found serious targets even if cmkx was being NS'ed they could have gotten more money or enough to move forward with the partners cash. proof of a possible find would have backed off ns'ing parties because they never want to cover, thus showing cmkx was real & might have value would remove the going under feel & thus held up the pps to at least a point of getting cash for shares. instead according to the SEC report as soon as CMKX was under complete control of UC everything ended except printing shares & pumping the stock. the 8K backs up the fact that very little was done to seach for diamonds. it seems to me from reading that SEC report there would be grounds for criminal charges after CMKX is shut down. its the only way the full story will ever see the light of day & because of the cult screaming NS it will hurt the cause because the DTC & NS'ing factions will have CMKX as a prime example of a scam company that screams NS when in fact they screw the stockholders by dumping shares into the market.
 
Posted by ed19363 on :
 
Bill, makes me wonder if they ever intended to look for diamonds. Evidently they did very little to find anything. All I see so far is a bunch of untradeable restricted stocks that may or may not ever be worth anything.
I would really like to see somebody explain all this without using (IMO). If it takes a lawsuit to accomplish that, then so be it.
Makes ya go hmmmmmmmm......
 
Posted by tarq3 on :
 
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

Equity Bridges Financial Relations: CMKM Diamonds Inc. (CMKX: OTC.PK), IBAC Corporation (ICAN: OTC.PK), Prime Rate Investors Inc. (PRRM: OTC.PK), Universal Express Inc. (USXP: OTC.BB), EagleTech Communications Inc. (EATC: OTC.PK) with 5 Senate Leaders now seeking answers about the selling of counterfeit securities in our markets, it is time that we as citizens help educate the world about this crime!

Jun 02, 2005 (M2 PRESSWIRE via COMTEX) -- Wayne Pedersen, President of Equity Bridges Financial Relations, invites everyone to visit Washington and New York and join the crowds to voice your disapproval of counterfeiting securities, formally known as naked short sales.
Everyone is invited to join Hugo Cancio from Fuego Entertainment in Washington D.C. on Monday, June 6th and again at Times Square in New York City on June 7th. Fuego Entertainment will be filming a documentary called "Counterfeit Conspiracy", to educate the world about the highly treasonous act of counterfeiting and selling securities in the U.S. markets.

According to Cancio, the five senate leaders pledging their support to demand justice for this crime are senators: Bob Bennett, Richard Shelby, Richard Durbin, Susan Collins and James Talent. More senators and members of congress are requesting support and education from the American public on this matter every day.

A very large group of citizens are going to march in front of the SEC building in Washington D.C. and demand answers. Why is the counterfeiting of securities being allowed to take place every single day in our markets? Shareholders of CMKM Diamonds, Inc. (CMKX: OTC.PK) will be one of the largest groups in attendance on both days. This company's shareholders have united together to help their company obtain undisputable proof of counterfeit securities being sold to them and stored in their portfolios for them by their brokers. "On Tuesday, June 7th we will be loading our buses with citizens and taking them with us to New York City to rally in front of the NASDAQ building on Times Square" said one of the organizers, according to Fuego Entertainment.

Recently IBAC Corporation (ICAN: OTC.PK) and Prime Rate Investors Inc. (PRRM: OTC.PK) urged their shareholders to request their shares be sent to them in certificate form over the possibility of naked short selling of their common stock.

Universal Express Inc. (USXP: OTC.BB) has recently stated publicly that the SEC has ignored, denied and attempted to cover-up the 'naked short selling' scandal. Universal Express and others have been courageously exposing the issuance of trillions of counterfeit shares as a violation of criminal statutes and a destruction of public trading confidence.

On April 6th 2005 Rodney E. Young President and CEO of Eagletech Communications, Inc. (EATC: OTC.PK) writes to First Deputy General Counsel Larry Thompson of the DTCC about the largest breach of public trust in history stating: "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." Recently I have spoken with Mr. Young and he still has yet to receive his trading records. Why I ask does Rodney and his shareholders get the song and dance attitude ? Does the DTCC have something to hide ?

It's not too late to join, please go to www.CounterfeitConspiracy.com and register today. It's FREE and we welcome everyone to join us.

Counterfeiting ANYTHING of monetary value is illegal in America. It is not only illegal, but it is disastrous to our economy and our strength as a world financial leader. In spite of laws that were written more than 70 years ago to protect our markets, this crime has been allowed to prosper for so long that it may have already taken trillions of US dollars out of the country. Where is this money going? Think real hard about that for just a moment

This crime may be affecting every single citizen in the US whether they know anything about the markets or not. The crime of selling counterfeit securities is stealing money from our retirement plans, raising the cost of living, destroying businesses, creating unemployment and ruining lives. Our fellow country men and women have made the ultimate sacrifice to protect our Constitution, let's make them proud!

United we stand as one nation, under God, indivisible with freedom and justice for all !

Equity Bridges Financial Relations (EBFR) has been in business since 1999 and has represented over 100 Companies. EBFR is committed to investors as much as we are committed to companies.

We firmly believe that keeping investors well informed is one of the most important functions of a publicly traded company. "We help bridge the gap between companies and investors."
 
Posted by tarq3 on :
 
FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
(903)595-1921
E-Mail jmartin@cmkxownersgroup.com


Dear Group Members, June 3, 2005





My apologies to any of you that may have been waiting on the posting of our letter to TD Waterhouse Canada. I was unable to complete the letter today due to some other matters that needed attention. Many of you have probably read the brief filed by the SEC today. There are many issues that I am currently working on which will be revealed in our response. We are continuing our mailout campaign and our work on the verification of the outstanding stock. We sent out over 1,000 letters today. I have decided not to disclose our share count on a regular basis because the count changes significantly sometimes by the hour. You can rest assured I am pleased with the results of our work so far. There are also strategic reasons for not making our numbers public.



Onward,

Bill
 
Posted by will on :
 
"There are also strategic reasons for not making our numbers public."

Where have I heard that load of crap before. LOL

Here fishy, fishy, fishy !
 
Posted by stnkng1 on :
 
cnes has a few weeks and IMHO i think it will be at a strong level of .002 again.
 
Posted by bill1352 on :
 
frizzy will be allowed to respond but only to show any proof of a NS & that has nothing to do with the SEC charges. frizzy is not there for cmkx but the shareholders. his responce should be to sue UC for lying & cheating investors all of which was proven beyond a shadow of a doubt & in a civil action proof does not need to be that strong. he may need to keep quiet on that in the hopes that proving the NS will cause some sort of cash for shareholders but as a lawyer he has to know cmkx is gone. once cmkx is shut down & as the SEC pointed out there is no continued trading on pinks, getting any cash for cmkx shareholders will be much harder as the only place those shares show up are in accounts of the bagholders. 41 days left till the curtain closes & the lawsuits start.
 
Posted by will on :
 
bill, I would wager CMKX is not shorted to any large extent. I've said it all along, with 703B shares no reason to short and if they did, not hard to have covered.
No NSS !
No Settlement!
No Buy out!
No CMKX!
No Nothing!
It's just that simple.
These spin Doctors were living in their own little world seeing how many gullible people thay could take down with them. You feel bad for them. Well, I feel bad for the unsuspecting, but those like Willy, Dr. D, and that ilk, I don't. I don't even feel sorry for the next tier of pumpers, like legal, and WWJD debbie. They were so cocksure of themselves, and still are. Only a fool would have invested large amounts of $ in this stock, and to refuse to recognize the realities of it makes me think they are getting what they deserve. If that seems hateful and judgemental, so-be-it, but they influenced and hurt a lot of other unsuspecting people with their stubborness and refusal to listen to common sense and logic.
.....and when the revocation comes, ( which it surely will), they still won't give it up. They will start another recruiting process asking people to join a OG that will want to sue the wrong the parties. They will influence people to lose more, they will never be happy, they will never admit it's over and they were wrong.
Sorry, buddy, I say, JUST DESERTS to them.
 
Posted by Wallace#1 on :
 
Have any of you bothered to figure out how many shares of CMKX stock that missing $24 million dollars would have bought? Next question is, "Where did that stock go?"
 
Posted by Wallace#1 on :
 
quote:
Originally posted by Wallace#1:
Have any of you bothered to figure out how many shares of CMKX stock that missing $24 million dollars would have bought? Next question is, "Where did that stock go?"

PS: If it went for under .0001, that could account for the increase of 300 billion shs to 800 billion, huh?
 
Posted by will on :
 
At this stage, does it make any difference, 703B or 800B ?
Probably took advantage of his last chance to line his pockets and dumped the 97B.
Wasn't that one of the theories, to catch the MM's in a NSS squeze, or to help them mitigate the amount of $'s they would have to spend covering. Some ridiculous nonsense posted by legal. He released the 97B at a negotiated price, yada yada, yada, I'm sure you remember the bullchit theory. I think they assigned the 97B negotiated settlement to Iron Bob, who knows nothing about anything, sept he's short $80K.
 
Posted by Ric on :
 
Three of the biggest scams going to Washington. Now that is funny. CMKX, ICAN, and PRRM. Where do these people get this material.
 
Posted by Ric on :
 
What I think is funny about this whole thing is the fact that no one in the cult believes the SEC. That the SEC has wrongly attacked this innocent penny stock for no reason what so ever. Or as some think for some grand conspiracy to trap shorty. Thats right, the SEC does this all the time, lol. Attacks poor little companies for no reason or to cover up. This has to be the most silly thing that I have ever heard. Then they say, we don't want the SEC to protect us. Well, the SEC has to worry about protecting all investors not ones that refuse to believe they were wronged. The SEC sees it as they warned you as of March about this company and you had time to get out. If you stayed and didn't want to believe what they told you about this stock then its not there fault.

GET REAL PEOPLE.
 
Posted by Ric on :
 
No one over at CNES wants to read, I believe. There last 10Q clearly stated they were broke and losing money. And would have to continue giving shares to officers and creditors to pay the bills. Which basically says we will continue to dilute shares.

I know we only doubled our o/s last quarter alone to pay bills but that wont happen again right???? We only said we would have to continue to dilute just as a joke. Won't people learn anything from cmkx, prrm and others. Once the company see how easy it is to make money on the shareholders back there is no turning back.


quote:
Originally posted by stnkng1:
cnes has a few weeks and IMHO i think it will be at a strong level of .002 again.


 
Posted by will on :
 
CNES, maybe that should be the next thread to visit after we bury this dead dog.
 
Posted by joesturbo on :
 
4/7/2003 :
LAS VEGAS--(BUSINESS WIRE)--April 7, 2003

Casavant Mining Kimberlite International, Las Vegas (OTCBB:CMKM), management today announced that it has cancelled the acquisition of the ancient Chinese jade collection as previously stated in CMKM's 14c, which stated on Dec. 30, 2002, the company acquired $50 million dollars worth of ancient Chinese jade for 500 million shares of common stocks of the corporation. The cancellation was reached by mutual agreement by both parties.

This is one of many steps made by Casavant Mining in an effort to streamline operations and continue the company's focus on the diamond exploration.
 
Posted by Wallace#1 on :
 
"This is one of many steps made by Casavant Mining in an effort to streamline operations and continue the company's focus on the diamond exploration."
--------------------

The above is a very good example of the stupidity running CMKX. As though cancelling the jade deal would have anything to do with streamlining operations!!!

How about cancelling racing in order to streamline operations as well?

Or cancelling all those deals with other companies in SA, etc. in order to focus on diamond exploration?

Or cancelling conflicts of interest to concentrate on diamond exploration?

Whether that announcement came from Urban Casavant or from Maheu, it is shows everyone the level of intelligence running Casavant Mining. My guess is it came from the brilliant mind of UC!
 
Posted by will on :
 
It's dated : April 7, 2003
 
Posted by bill1352 on :
 
Wallace thats 120 billion at .0002 so the final total depends on when sold of course nobody knows who it was sold too.


legal you say stocklein, glenn & mahoo would not lend their name to a scam...did you read the SEC report?? or did you just skim it looking for NS stuff??? march 2005 pr says new offices gives addy...a hot rod shop & cmkx lawyers..stocklein say well let just fake it & they then act like they moved in but really only went in & talked to Shawn...glenn ran from cmkx, stocklein is a lawyer...lawyer take a defendant...any defendant & do what ever is needed to get that defendant off...i give you OJ, Michael Jackson, Scott Peterson as examples, 1 walked, 1 will cook & 1 is waiting the verdict & all 3 are guilty. as for mahoo when asked in court he didn't know if cmkx had any offices, anything about liabilities, assets, employees, what they did or how they did it. he thought the fianacal work had started & only learned in court the accountants still hadn't got any paperwork needed to start. from this where do you get the idea he had any clue as to what he was getting into? an 80 yr old man was given $40K a month, thats $2000 a day to do what? not know that the job he was to get done, get cmkx filed up to date, had not started because of no paperwork?? UC gave an old man the song & dance & $40K a month made him look away. wanna bet Mahoo is gone now? just like glenn once he got into the company's real problems and past UC's mouth running.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by will:
It's dated : April 7, 2003

Didn't notice that, will. That means the brillance came from UC and may/may not be accurate according to the hearings.
 
Posted by Wallace#1 on :
 
bill: "UC gave an old man the song & dance & $40K a month made him look away. wanna bet Mahoo is gone now? just like glenn once he got into the company's real problems and past UC's mouth running."
----------------

And don't forget UC hadn't paid Maheu for 2 mos already. Probably 3 by now....maybe 4. As for Glenn, I think he's in almost as much trouble as UC and cohorts. He had to have known the situation and did not bring it up to authorities.
 
Posted by Ric on :
 
What I think was funny is even Willy lizzard said last night that after reading the SEC response that he believes if it goes till July without a settlement that we will be revoked. One of the biggest CMKX pumpers can actually read sometimes. He still says there will be a settlement from the shorts which is funny if you really think about it. Its not like one person or company shorts a stock. They never have settled before so why are they going to settle with a company that more then likely be revoked in a month. Everyone sing "Dream a little dream with me". Of course this won't be over once revoked. Someone posted a link to a SRCI board on RB. They are still posting one year later that they believe the company will get reinstated, lol. How long will the cult hold on to the lost dream after this one is revoked.
 
Posted by Wallace#1 on :
 
Ric: "They never have settled before so why are they going to settle with a company that more then likely be revoked in a month."
---------------

No way would the SEC settle. They have them cold. Their case is solid and they made it clear they were not playing games. The SEC also stressed the part where they stated UC/CMKX et all have neither learned the needed lesson nor even heeded it. Furthermore, remember all crap about how CMKX was going to fight the SEC? What reaction do you think that created at the SEC? FOOLS!!!!
 
Posted by Ric on :
 
I have a better one then that Wallace. What about the letters to the Judge by the so called concerned shareholders. They basically called the person that holds there future in her hands and idiot. That would surely make me fell sorry for them if I was the judge, lol.
 
Posted by will on :
 
So, even the la la land pumpers are sobering up. Well, almost, with the caveat that there is going to be a settlement.

I'll say it again, these people have never been forthright and forthcoming.

There will be no seetlement, no buyout, no nothing, just revocation. Plus, there isn't a large NSS position either.

naoh will have to find anohter cause. Can you see those guys in DC, getting tossed for whining about companies being shorted that are setting records for dilution. LOL

703B O/S LOL. Someone in authority will listen to that, RIGHT! These people are an embarrassment to .......,you fill in the blank. They may as well be going to DC to get John Wayne Gacy or Ted Bundy named citizen of the century awards.
 
Posted by Wallace#1 on :
 
Just wait until anyone in Washington asks where the previous designated official office (a body shop) and the current office (in UC's home) were. And, just remember, they filed with the SEC and UC signed the doc. stating that the office was at a particular location....which turned out to be a Body Shop!!! AND THEY (UC LAWYERS AND ALL) SURE AS HELL KNEW IT!
 
Posted by will on :
 
Don't you think a sitting Senator will overlook all those little "indiscretions" by CMKX, and throw their full support behind, naoh and his friends?
I'm sure they will. Heck, they might even get the White House on the phone and let noah talk to President Bush.
 
Posted by Wallace#1 on :
 
Better yet, a private audience! I am sure Bush (aka the Shrub) will appreciate noahltl's naked shorts sh:t. He does enjoy a good laugh. His response: heh heh
 
Posted by Ric on :
 
Maybe someone should write those 5 sentors and let them know what companies they are actually representing. lol. Of course this may be another Dateline. Where a so called news report from a offbeat site claims there is a dateline airing of stockgate yet the Dateline Website never once mentioned it ever being aired. Even before the so called airing. I almost beat there will be a cancellation of this too right before it suppose to happen so the cults can call for another coverup.
 
Posted by will on :
 
I would love to have a count of all the theories, deadlines, dates the faithful posted. We already know the results of the accuracy 0 for 100+ ???. Whatever the number is.

LOL! "It's on sale at .0005, I'm buying as much as I can", remember one of them saying that nonsense, .0007, .0005 .. bragging they had 77M shares, and intended to buy more. WTF!
 
Posted by will on :
 
Anyone hear anything from Dr. D lately?

Thanks for info on Wee Willy Wanker and the Whackos, Ric.
 
Posted by Ric on :
 
Heres a letter that the cult can send to the Judge,

We have been told this was a scam.
Then the SEC confirmed it was a scam.
The owner UC want even speak up to try and change our minds.

So saying that, we had 2 months now since the SEC warned everyone what this company is and what is going to happen. But we have refused to sell our shares because since the company refuses to tell us something then we have made up our own theories of settlements and buyout. Of course there is no foundation to prove this but we believe if you don't revoke this stock that this made up theory will come true.

This has nothing to do with the fact the company lied and will continue to lie. Its about our conspiracies and how we are getting rich off a .0001 scam. Why worry about future shareholder when we have shareholders now that refuse to sell when we had the chance and continue to believe in our made up stories.
 
Posted by Bigrod40 on :
 
You want to read something interesting?
Check this out!

http://stockpatrol.com/article/key/update_cmkm6605
 
Posted by Wallace#1 on :
 
I took the liberty of posting Stockpatrol's report identified by Bigrod40, just in case some do not bother to check it out or may be considering (and who knows why) purchasing CMKX stock. It is as follows:

Update: CMKM Diamonds, Inc. - Sounds of Silence
Investigative Reports
June 5 2005
The saga of CMKM Diamonds, Inc. (Pink Sheets: CMKX) continues giving new meaning to the word chutzpah. The Company has been battling the SEC, hoping to forestall the Commission's effort to revoke the registration of CMKM's common stock. See SEC Suit Against CMKM Diamonds, Inc. Could Sink Company. It also has been attempting to rally support among a cult-like troop of supporters who seem determined to ignore the Company's shortcomings. Their blind loyalty is puzzling. After all, even assuming the Company can provide a reasonable explanation for its prolonged failure to file required public reports, CMKM has yet to indicate that it has any assets with even marginal value.

Last month the Company declared that it was "diligently preparing" for a May 10th administrative hearing in the SEC case but at the same time seemed to be diverting attention from its own conduct by insisting that the court should focus on allegations of illegal naked short selling in CMKM stock. That argument certainly appeals to a segment of CMKM fans, who have formed CMKX Owners Group and purportedly have retained a lawyer to investigate these short-selling allegations evidently all with the Company's blessing.

As they pursue those efforts, they may wish to review the SEC's brief, filed after the May 10th hearing, to gain further insight into the Company to which they are committing their time, effort, and additional dollars. The revelations are illuminating, and might be considered amusing, if not for the devastating losses already suffered by CMKM investors.

The SEC argues, quite reasonably, that the investing public cannot possibly make informed decisions about CMKM stock because of the Company's failure to file periodic reports since 2002 despite its clear obligation to do so. As StockPatrol.com readers will recall, CMKM attempted to terminate its filing obligations in July 2003, claiming that the Company had fewer than 300 shareholders at the time. See CMKM Diamonds, Inc. - The Spin We're In. That claim, as regulators subsequently discovered, was false. The Company actually had 698 shareholders at the time.

The SEC says that CMKM has acted in bad faith, delaying, deferring, and ultimately failing to file public reports. The first evidence of that conduct surfaced in March 2003, just months after CMKM (then known as Casavant Mining Kimberlite International, Inc.) gained control of a public shell called Cyber Mark, International, Inc. On March 31, 2003, the Company requested a fifteen day extension for filing its Form 10-K for the year ended December 31, 2002, because auditors needed additional time to prepare the financial statements. That Form 10-K never was filed.

Three months later, the Company took the same tack. On May 16, 2003, CMKM claimed that it would need an additional five days to file its Form 10-Q report for the first quarter of 2003, stating that it needed the additional time to prepare financial statements. The Form 10-Q never was filed.

The Company's failure to file reports since that time is undisputed and its obligation to do so appears to be indisputable. The Company's lawyers have argued as one might expect that CMKM acted in good faith or on the advice of counsel when it filed a Form 15 in July 2003 declaring that there were fewer than 300 shareholders. The facts suggest otherwise. As the SEC points out, on January 12, 2003, the Company issued over 994 million shares to 360 individuals for "field work," and that same month CMKM conducted an "official shareholder audit" to identify every shareholder of record.

And, as if that were not enough to demonstrate that CMKM should have been aware that shares had been issued to more than 300 shareholders, there is this as of July 22, 2003, CMKM's Master Shareholder List showed that there were 698 shareholders of record. Yet, according to the SEC, the Company did not seek that information from its Transfer Agent before filing the Form 15 and attempting to curtail its reporting obligations.

Any argument that the Company believed it was not required to file also seems to be contradicted by CMKM's statements during 2004. Time and again, the Company offered assurances that it was preparing to file and that filing was imminent. Those promises proved hollow. As the SEC points out, the Company did not even hire an auditor until January 2005, after the Commission had initiated its inquiry into the delinquent filings.

How does the Company respond to these charges? Its CEO chose silence, and its newest Director demonstrated his lack of familiarity with the Company.

Urban Casavant, the Company's CEO, who has been outspoken in the past, making bold but unsupported statements about the Company's plans and prospects, asserted his Fifth Amendment privilege at the May 10th hearing. The Fifth Amendment to the U.S. Constitution allows a witness to decline to answer questions on the grounds that his answers might tend to incriminate him. The privilege against self-incrimination is a fundamental right and protects an individual from testifying against himself in a criminal proceeding. In a civil proceeding such as this, however, a court may draw an adverse inference from the exercise of that privilege.

Robert Maheu, the former Howard Hughes operative whose appointment to the Board of Directors was supposed to signal a new era of disclosure and compliance by CMKM, demonstrated that he may be little more than fancy window dressing, as he indicated that he knew little about the Company's inner workings. Mr. Maheu admitted candidly that he did not know whether CMKM had any offices or employees, was not aware of the Company's assets and liabilities, had no background in mining, and had not disagreed with any of Casavant's decisions on behalf of the Company.

Mr. Maheu, who is being paid $40,000 a month by CMKM (according to the SEC's brief), apparently was out of another loop as well. He apparently testified that he believed an audit had commenced which it had not - and was unaware that CMKM had not yet provided critical documents to its auditors. Perhaps once he learns the current state of the audit he will be more disturbed and even disagree with Casavant on a point or two.

The Company's financial picture remains a blur. The auditor retained by the Company in January 2005, Bagell, Josephs & Company LLC, already has resigned, indicating that CMKM is not a business it wishes to represent. CMKM's bookkeeper testified at the hearing that a draft general ledger for the Company is based upon incomplete information, including $24.6 million of stock issued based upon an "unknown agreement," and approximately $56 million for a jade collection transaction that may or may not have been reversed.

This comedy of errors and omissions would seem laughable, if not for its profound impact on CMKM shareholders who have no way of determining whether their Company has any assets or value. The Company apparently cannot account for money it purportedly received in 2004 in exchange for mineral rights - $3 million from U.S. Canadian Minerals and $10 million from St. George Metals, Inc. Meanwhile, no one appears able to explain what happened to that $56 million jade collection.

Did those millions of dollars exist, and if so, where have they gone? Unfortunately, if the SEC wins this fight, shareholders may never learn the truth. Once the registration of CMKM shares is revoked, the Company will effectively cease to exist as a public entity and its public reporting obligations will disappear. Other proceedings may follow, seeking to hold the Company and its principals accountable for their actions, but with the pressure off, the inner workings of CMKM can fade even further from view. That will leave shareholders on their own, chasing the CMKM ghost in search of answers and assets - and waiting, perhaps in vain, for Casavant to speak candidly.


IF YOU HAVE QUESTIONS OR COMMENTS FOR STOCKPATROL.COM, CONTACT US AT editor@stockpatrol.com
 
Posted by bill1352 on :
 
well i see the bashers have been busy tonight...lol. i've done a bunch of stupid chit in my life & later after realizing just how stupid it was had a hard time looking in the mirror but can you imagine the feeling some of the cult will have when reality sinks in? some will never except the truth & as 1 put it, will go to their grave believing they own stock in the richest diamond land in the world. at least a few of the cult will wake up 1 day after a yr or more of praising UC & vilifying the NSS parties, debeers, the SEC, the DTC, us bashers & anyone else they could blame for not being rich yet will have the facts sink in. they have had ppl posting the truth from bashers to stockpatrol to just plain reading the company prs. i've said it before & i'll say it again...i hope some of them never have kids...the human gene pool doesn't need such stupidity.
 
Posted by Ktrain420 on :
 
LOL
 
Posted by Wallace#1 on :
 
"HERE'S MY 2 CENT'S, SEE IF YA CAN TURN IT INTO A BUCK"
---------------

LOL BUY CMKX!
 
Posted by ed19363 on :
 
Stockpatrol's post is worth 50 of legal's. Clear, concise, and not one IMO in the whole thing. FACTS !!!! Still, the cult will find a way to twist it and deny the facts.

ho hum.....July is on the way.

Wonder how many will be arrested in Washington today....LOL
 
Posted by wnycowboy on :
 
Bill,
I agree with you. I did my DD on this in the beginning and it all looked great. So I plunked a little bit down on it (nothing to sneaze at). It all came clear to me when Urban started spending our money on race cars and not drilling. Then we hear he sold the only site that he drilled at (Carolyn). If he was a CEO of a reporting company like Enron or Adelphi then he would be spending time in jail and not the the track. There should be laws governing the use of Pink sheet investors money just like any other stock. I just wish the faithfull would bring the pps up to buck so I could get out.
Cowboy.
 
Posted by ed19363 on :
 
I'd sell the whole kit and kaboodle for .01 and be damned glad to be rid of it.
 
Posted by wnycowboy on :
 
quote:
Originally posted by ed19363:
I'd sell the whole kit and kaboodle for .01 and be damned glad to be rid of it.

I did mean to put .0001, and I would be glad to walk away even (minus trade fee).
 
Posted by Wallace#1 on :
 
If I were you guys, I'd sell now at whatever price I could get.
 
Posted by Upside on :
 
That's what I did. Just be prepared, market sells go through at .00004.
 
Posted by ed19363 on :
 
I sold some last week, but thinking of getting a little closer to the deadline. Dont want to jump the gun, little to lose at this point. Also thinking maybe certs for the long run, just in case something positive happens.....I know, guys, what you're thinking, but I never did like Koolaid.
 
Posted by Wallace#1 on :
 
I want 1 cert and will pay top $1.00...meaning $1.00 for one share, not for each share. Also, will pay that same $1.00 for a single cert with any designated number of shares of CMKX. Just $1.00 folks!!! Make a bundle now!!!!
 
Posted by BCmouser on :
 
Dont know if anyone posted Mr webbs article on CMKX -I know he was a favorite of the cult--
CMKM tagged as an egregious violator by SEC lawyers


2005-06-06 21:00 ET - Street Wire

by Lee M. Webb

CMKM Diamonds Inc., a pink sheet play headed by Saskatchewan native Urban Casavant, is an egregious, repeat securities violator that will likely continue to breach its reporting obligations, according to lawyers for the U.S. Securities and Exchange Commission (SEC) enforcement division.

The U.S. regulator's rather unflattering assessment of CMKM is served up in a June 2 brief filed in the wake of a May 10 administrative hearing. According to the SEC's posthearing brief, the public interest would be best served by revoking the registration of CMKM's common stock.

As previously reported by Stockwatch, the SEC suspended trading in CMKM on March 3. Just as the 10-day trading suspension was set to expire, the SEC launched an administrative proceeding against CMKM.

According to the allegations in the March 16 SEC order instituting proceedings (OIP) against CMKM, the company was in breach of its reporting obligations for not filing required annual reports since May 9, 2002, and quarterly reports since Nov. 18, 2002.

On April 11, CMKM filed its response to the OIP. Represented by Donald Stoecklein, CMKM set out nine affirmative defences.

Among other things, the company claimed that the SEC lacked authority to conduct the proceedings; the allegations failed to state a claim upon which sanctions could be rendered; the proposed sanctions were "punitive remedies against individual and indispensable parties who have not had an opportunity for appearance"; and that a proceeding to revoke or suspend CMKM's securities was premature.

According to the SEC's posthearing brief, all nine of CMKM's affirmative defences were "rightly rejected" by the administrative law judge during a prehearing conference call on April 13.

During the April 13 conference call, Mr. Stoecklein argued that the company had no reporting obligations from July of 2003 when it filed a Form 15 to February of 2005 when it filed an amended Form 15.

According to the SEC, while the court suspected that the original Form 15 may have been "fraudulent," Mr. Stoecklein suggested that it had been filed "in good faith and/or on the advice of counsel."

"At the May 10, 2005, hearing, however, CMKM Diamonds offered no evidence regarding the circumstances surrounding the filing of the Form 15 in July 2003 and offered no evidence supporting an advice-of-counsel defense," the SEC states in its June 2 brief.

"To the contrary, substantial evidence developed at the hearing confirms that at the time CMKM Diamonds filed the Form 15, it knew or should have known that the company had more than 300 shareholders of record and thus that the filing was false," the SEC claims.

The U.S. regulator reports that CMKM authorized the issuance of more than 994 million shares to 360 individuals and entities for "field work in Canada" on Jan. 12, 2003. Therefore, the company knew that it had at least 360 shareholders of record as of January of 2003, the regulator claims.

As of July 22, 2003, the day CMKM filed the original Form 15, the company's master shareholder list showed that it had 698 shareholders of record.

According to the SEC, CMKM's transfer agent could not find any record of the company requesting the number of shareholders of record in July of 2003 "and no one affiliated with the transfer agent could recall such an inquiry from the company." Thus, says the regulator, it appears that CMKM took no steps to confirm or verify the number of shareholders before filing the Form 15.

"Compellingly, during the hearing in this matter, CMKM Diamonds' Chief Executive Officer Urban Casavant asserted his Fifth Amendment privilege and declined to answer all questions regarding these specific points on the grounds that truthful answers might incriminate him," the SEC claims in its June 2 filing.

"Because Mr. Casavant asserted his Fifth Amendment privilege in this civil proceeding, this Court may draw the adverse inference that his answers would have been damaging to him and thus to CMKM Diamonds," the SEC continues.

The U.S. regulator goes on to argue that throughout 2004, "at the same time that the company now claims it thought it did not have to file periodic reports," Mr. Casavant repeatedly assured his investors and business partner that the company was close to being reporting, that reporting efforts were "a little ahead of schedule" and that the company would be fully reporting "very shortly." Similar claims were made in a series of news releases.

"CMKM Diamonds' recent assertions that the company believed it had no reporting obligations are difficult, if not impossible, to square with its statements throughout 2004 that it was working towards compliance and reporting," the SEC states.

According to the SEC, the relevant Steadman factors counsel in favour of revoking the registration of CMKM's stock.

The so-called Steadman factors are the egregiousness of CMKM's actions; the isolated or recurrent nature of the infraction; the degree of scienter involved; the sincerity of CMKM's assurances against future violations; the company's recognition of the wrongful nature of its conduct; and the likelihood of future violations. The SEC argues that each militates in favour of revocation.

The U.S. regulator claims that CMKM's actions were egregious. The company was clearly aware of its reporting requirements early in 2003 because it filed two forms seeking extensions of time to file its periodic reports, the SEC notes.

"Moreover, in the May 2003 Form 12b-25, the company flatly misrepresented that it was current in its reporting when in fact it had not filed its Form 10-K for the preceding year," the SEC states.

"After repeatedly missing periodic reporting deadlines using Form 12b-25, CMKM Diamonds switched to a new strategy to avoid filing periodic reports: terminate its reporting obligations entirely by filing a fraudulent Form 15," the U.S. regulator claims.

According to the SEC, CMKM "began taking its reporting obligations quasi-seriously" only after it was contacted by the enforcement division in December of 2004.

"CMKM Diamonds' failures to file required reports are recurring, indeed, endemic," the SEC argues, turning to a consideration of the second Steadman factor.

Since Mr. Casavant assumed control of the company in November of 2002, CMKM has not filed a single periodic report. The SEC notes that CMKM is delinquent in filing three annual reports and seven quarterly reports.

"Thus, CMKM Diamonds has violated the federal securities laws on at least ten separate occasions," the SEC claims.

According to the SEC, the evidence indicates that CMKM "clearly acted with scienter in filing a fraudulent Form 15 to avoid its reporting obligations."

"Moreover, the company's repeated statements during 2004 about working towards 'compliance' and efforts to become fully reporting indicate that CMKM Diamonds was keenly aware of its failure to file periodic reports," the SEC argues.

Turning to the fourth Steadman factor, the SEC claims that CMKM's assurances against future violations cannot be trusted.

"Ever since assuming control of CMKM Diamonds, Urban Casavant has been making hollow assurances to the investing public and others that the company was working on preparing financial statements and would be filing shortly," the SEC states.

"All of these statements appear to have been empty promises, as the evidence indicates that during 2003 and 2004, CMKM Diamonds took absolutely no steps to compile auditable financial statements or retain independent auditors," the regulator continues.

According to the SEC, CMKM tried to persuade the court that it has turned over a new leaf and is now dedicated to becoming compliant as soon as possible under the guidance of its new director, Robert Maheu.

"These assurances cannot be trusted," the SEC argues. "The Division does not doubt that Mr. Maheu has only good intentions in this matter, yet the evidence clearly indicates that he lacks a sufficient grasp of the situation and adequate control of the company to ensure prompt compliance.

"Mr. Maheu testified that he did not know whether CMKM Diamonds had any offices; did not know the company's liabilities; did not know the company's assets; did not know how many employees the company had or what kind of work they did; had no background in mining; and that he never disagreed with any decision made by Urban Casavant since he came on the Board.

"Moreover, Mr. Maheu testified that he was under the impression that an audit of CMKM Diamonds financial statements had begun, which is, of course, incorrect.

"Likewise, Mr. Maheu only learned during the hearing in this proceeding that CMKM Diamonds still had not provided its accountants with documents requested three months earlier.

"In short, the Division shares the concern expressed by this Court that CMKM Diamonds may simply be using Mr. Maheu and paying him $40,000 per month in order to 'give some color of legitimacy' to CMKM Diamonds." (All amounts are in U.S. dollars.)

Moving on to the fifth Steadman factor, the SEC claims that CMKM's statements call into question whether the company truly recognizes the wrongfulness of its conduct.

According to the SEC, CMKM still seems prone to making inaccurate statements about the status of the company's financial statements. As an example, the U.S. regulator points to a news release issued in February in which the company claimed that it was working toward completing an audit of its financial statements.

"In fact, however, at that time CMKM Diamonds did not even have -- and still does not have -- financial statements to audit; an audit had not even begun, much less was it nearing completion," the SEC states.

In a footnote to its brief, the SEC pointed to another allegedly inaccurate news release in which CMKM claimed that it had new offices at 5375 Procyon Street in Las Vegas as of March 1. According to the SEC, CMKM's lawyers learned on April 6 that the Procyon address contained only a hot rod shop.

"Instead of correcting the error, however, it appears that the company's counsel thought the company should pretend to 'move in' to the empty warehouse and 'talk to Shawn at the hot rod shop,'" the SEC claims. The regulator adds that almost a week later CMKM was still reporting "the phony Procyon Street address."

The SEC also takes issue with CMKM's public claim that the company first identified the problem with the July, 2003, Form 15 and brought it to the attention of the regulator in February of this year. According to the SEC, the enforcement division had contacted the company about the matter two months earlier.

Among other things, the U.S. regulator also notes that CMKM informed its shareholders that its stock would still trade on the Pink Sheets regardless of the outcome of the proceeding. According to the SEC, in the event of a suspension or revocation, CMKM will not be trading anywhere.

"CMKM Diamonds' ongoing misstatements signal that the company either still does not appreciate the magnitude and potential consequences of its misconduct -- or worse -- wishes to misrepresent them to its shareholders and the investing public," the SEC argues.

Turning to the final Steadman factor, the SEC argues that CMKM's reporting violations are highly likely to continue.

"Evidence developed during the hearing in this matter demonstrates that CMKM Diamonds is not even close to becoming fully compliant in its reporting," the SEC states, going on to claim that the company has barely begun reconstructing three years worth of financial statements.

"Moreover, the auditor retained by CMKM Diamonds in January 2005, Bagell Josephs & Company LLC, has recently terminated its engagement with CMKM Diamonds," the June 2 brief reports.

"The engagement partner, Neil Levine, testified that CMKM Diamonds simply 'isn't a company that [he or his] firm wants to continue to represent," the SEC notes. "Mr. Levine also indicated his distress with the fact that he had not received requested documents from CMKM Diamonds and that he found Urban Casavant's assertion of his Fifth Amendment privilege 'problematic.'

"Thus, CMKM Diamonds currently has no independent auditor to audit its non-existent financial statements."

Under the circumstances, the SEC argues, it is extremely likely that CMKM will continue to violate securities laws by failing to file periodic reports.

Rounding out its approximately 20-page posthearing brief, the SEC argues that the public interest is best served by revoking the registration of CMKM's stock.

"Although CMKM Diamonds has not devoted any meaningful effort towards preparing auditable financial statements in the past three years, it has purportedly engaged in numerous multi-million dollar transactions," the SEC states. "For example, the company allegedly received $3-million from U.S. Canadian Minerals Inc. and $10-million from St. George Metals Inc. in exchange for mineral claims in 2004.

"Unfortunately, the company seems to have no idea where that money went and shareholders have no way of finding out.

"Likewise, it appears that CMKM Diamonds may have issued over $24.6-million worth of stock in 2003, but the company's bookkeeper does not know why.

"And, the company may have acquired $56-million in jade, but cannot definitively explain what happened to that purported asset.

"By failing to file required reports, CMKM Diamonds has been able to operate in shadows and in secret, relieved of the obligation to keep its shareholders, regulators and the investing public apprised of its actual activities or lack thereof."

According to the U.S. regulator, the registration of CMKM's common stock should be revoked because the investing public lacks access to complete and reliable information about the company and, therefore, cannot make informed investment decisions.

"Revocation under these circumstances is a measured and appropriate form of relief, not a draconian remedy," the SEC claims. "The Division acknowledges that revoking the registration of CMKM Diamonds' common stock will substantially limit the ability of CMKM Diamonds shareholders to liquidate their investment in the company.

"However, such liquidation (not to mention CMKM Diamonds insiders' liquidation of their holdings) is only at the expense of potential future investors who cannot make informed decisions about investing in CMKM Diamonds."

The SEC brief goes on to suggest that "if at some point in the future CMKM Diamonds obtains audited financial statements and is prepared to make complete and accurate disclosures of its operations in accordance with federal securities laws, it will be entitled to file a Form 10 and seek to register its stock under the Exchange Act, just like any other company seeking Exchange Act registration status for a class of stock."

In a final footnote to the June 2 posthearing brief, the SEC acknowledges that the administrative law judge has the authority to suspend CMKM's registration for up to 12 months rather than revoke it entirely.

"The Division believes, however, revocation (and not merely suspension) is warranted in light of the egregious nature of CMKM Diamonds' past infractions and the high likelihood of future violations," the SEC argues.

Stockwatch will provide coverage of expected posthearing briefs by CMKM and by an attorney representing approximately 7,000 CMKM shareholders as they become available. Stockwatch will also review the transcript from the May 10 hearing in future articles.

Meanwhile, with trades now being executed at less than one-100th of a penny, CMKM tallied a modest volume of 708.5 million shares on June 6.

The saga continues.
 
Posted by bill1352 on :
 
i wanna know what idiot bought $24.6 million dollars of the POS. wouldn't it be a serious slap in the face if CMKX was NS'ed & UC sold that to the NS'ers to cover. UC walks with cash & since the bookers can't figure out what happened, the Jade too. but that was for shares too so he got it free. if this SOB doesn't get jail time they might as well let the enron guys go too.


legal stated that if you have less then $10 million in assets you can have over 300 shareholders...the rule states under 500 & less then $10 million...698 is more then 500 even using cmkx math.
 
Posted by bill1352 on :
 
well since legal is gone i guess i'll post the new theory. these folks are seriously brain damaged by the kool-aide. this was posted today. i'm sure they read the SEC report. probably read stock watch & yet they come up with this.....


What was CMKX's administrative hearing all about...???
Our delinquint filings.

What would CMKX need to do to insure that their
registration is not revoked....???
To file on time.

What would insure that CMKX does get their
registration revoked....???
To not file on time.

So if we do not have our filings done in time to meet
the requirements of the judge then we will most
likely get our registration revoked. I had this feeling
way back in January that the longer CMKX waited to
file that it just increased the likelihood that they never
intended to file in the first place. At least not at this
current stage of the game and not in this present
entity.

Now, you might ask, why would CMKX allow this to
happen when all they would have had to do is simply
file on time....???

Releasing the filing would also release all of the
pertinent information that CMKX has been protecting
for so many months. Key information like our float,
current O/S, number of shares that are owned by Urban, family, and staff and most importantly, the
results of our drilling and valuation of our company.

Why would Urban not want to release this info now...??
Because it will do not good until our NSS issue is
resolved. Because Urban wants to move to a higher exchange and wants to attract the institutional buyers and that can't happen until the NSS issue is resoved.

Please keep in mind that there are two separate issues
with our investment- the NSS issue and our valuation
as a company. Please do not confuse these issues and
intermix them in your mind's eye. If you are smart you
will benefit from both sides of the equation.

IMHO the NSS must be dealt with first before we move forward as a company. This is where Roger Glenn, Robert Mahue, Firzzell and the Stoecklin group comes into play. John Martin stated in an email last week that
the Frizzell team has already proven the NSS and that
they are working towards a settlement. Let's hope for
the sake of all shareholders that a settlement like I had
envisioned in my Starlight's Theory where all shareholders benefit from a settlement that would be
drawn from a major portion of the DTC's multi-trillion
dollar insurance policy comes into fruition.

But don't be surprised if CMKX does roll its assets into
another entity (CIM or SGGM). They have already
transferred most of their mineral claims into other entities so this would naturally follow as a possible course of action for them. And how will you make certain to benefit from the second half of CMKX's equation? By making certain that your dividends move
forward with you. And the only way to insure that is
to have your CMKX stock in cert form. Yes, the MMs and brokerage houses will supposedly have to make the
dividends good on all electronic shares but I would not
hold my breath for that to happen.

So here you have it....
More to come as my mind clears up and the
words start to tumble out....

Still Keeping the Faith....!!!

Starlight

Logged
 
Posted by Ric on :
 
What happened to Legal? Did the SEC report wake him up to reality? Nah, his koolaid was too strong. I figured he would have posted Phxgolds new letter to the Jdge but of course it was picked apart till its worthless now anyway. Oh well.
 
Posted by bill1352 on :
 
just joined some cmkx board because they had a why are there bashers thread...lol it was too good to pass up. i was nice & didn't use the word scam or suggest UC needs jail time. same board as the repost i brought in here. i'm hoping it brings out a few of the cult..lol
 
Posted by Ric on :
 
Ahhh, he is in Washington for the protest. I knew the koolaid was too strong for him to see the light. Hanging around with the other koolaid drinkers should give him some zest when he starts posting again, lol.

noahltl

Super Administrator


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




Posts: 1081
Registered: 10/22/2004
Member Is Offline


posted on 6/3/2005 at 01:34 PM



Quote:
Originally posted by campion
thanks noah, see you there...


campion, sorry I won't be in NY, only Washington. I copied and pasted that from the Fuego site.
 
Posted by bill1352 on :
 
at least somebody there has a brain left after the kool-aide buzz...still $40K on CMKX????!!!!


BUSY WORK

That's what that letter and this effort (shareholder efforts for the past six months have been). There is a reason Urban is the self annointed Chairman and CEO and we are not, he get's to make the decisions and we don't. He get's the credit for the good, we don't and he should get the credit for the bad.... unfortunately letters like this continue to perpetuate the myth that it's always someone else's fault.

This is about filing. This is about misleading. As I waive goodbye to my $40K that I virtually pee'd in the wind, like I announced on this board week's ago, i'm looking at Urban to act like a chairman and like a CEO and save HIS company and HIS shareholders. Not Frizzle, not phxgold, not all us cast of characters. And like I also stated when speaking about why it was silly in my mind NOT to support Frizzel for fear of a class action, ANYONE of us can hire a lawyer when enough facts are revealed to take class action against Urbie.... and I smell many coming... unfortunately, the move that was strangely supported by some here, perhaps in their own ignorance, of CHEERING Urban's move to place his home in a trust and shift ownership of the claims basically means that in a revocation we get nothing.... but the promise of Urban's love that he will "take care of the shareholders". Class action thus becomes more frivelous with CMKX than it is anyway in a case when shareholders have been bilked.

Again no offense against Phxgold, but it's busy work. The guys we need fighting for us and that count are Urban and Maheu or this is OVER. The facts are plain, well drawn out and very simple, and as an employee in a Fortune 10 company for many years now, I can tell you the SEC wasn't unfair. This is a cutthroat world and CMKX offered the SEC the knife. It is foolish and emotive to see it any other way.

This company has had 2 yrs to file. It is their fight. Again I beg, if you really want to be active with "busy work", let's turn collective attention on the 24th hour removal of Urban from a Frizzel Shareholder Group perspective. There is no doubt in my mind after reading the SEC briefing that they don't trust him, after reading pure STOCK boards I visit, traders don't trust him, and IMO 1/2 of us longs don't trust him. I honestly think, save producing the filings ALL OF THEM, it would be the next best thing to present to the judge or we are revoked.
 
Posted by Ric on :
 
I like this post myself, lol.

By: number_1_rags
07 Jun 2005, 12:23 AM EDT
Msg. 983701 of 983713
(This msg. is a reply to 983698 by acca_ass.)
Jump to msg. #
azza - can you sell urbans house on ebay????????
they sold the carolyn pipe on ebay
 
Posted by Trista1 on :
 
quote:
Originally posted by bill1352:
well since legal is gone i guess i'll post the new theory. these folks are seriously brain damaged by the kool-aide. this was posted today. i'm sure they read the SEC report. probably read stock watch & yet they come up with this.....


What was CMKX's administrative hearing all about...???
Our delinquint filings.
Starlight

Logged

These people really need to step away from their monitors before the brain damage is permanent. Now they think the SEC proceedings is just a cover for the sting operation to expose the evil doers. [Big Grin] From pumperboards:

Dearest Imfishing,

I believed that the hearing was staged....
everyone's response including the SEC's.
And don't you find it curious we never had a
second day of the hearing as was originally planned.....
that everything that happened on the
second day was all handled behind closed doors...

Do you not also find it curious that Urban claimed
the fifth and that so many very intelligent people
were so willing to look so foolish at an administrative
hearing....???

They are obviously protecting something much
more important than their own egos and how they look
to other people....
something much bigger than themselves...
like the future of CMKX and our mineral claims.
IMHO it is simply as part of the sting operation....
Just going through the motions. I have believed that the SEC has been on our side for some time now
and that we are working with them to catch the MMs and offshore hedge funds in action and to stop the possible flow of money that is seeping out of our country to fund terrorists activities...

Now that is something that we would all want to
stop and reason enough for the government to be working with us to prove that the NSS does exist
once and for all.

And, no, I don't take everything at face value
the way you do, Imfishing....
We are just birds of different feather....
You can think the way you want to think
and I will continue to think outside the box....

Cheers!!!

Starlight
 
Posted by ed19363 on :
 
I wondered months ago how long it would take them to offer a link to terrorism. They are running out of straws.
Next week IMO they will be saying the SEC was involved in the Kennedy assassination, because JFK was going to expose NSS and ruin the stock market. Sounds logical to me....LOL
 
Posted by wnycowboy on :
 
quote:
Originally posted by Upside:
That's what I did. Just be prepared, market sells go through at .00004.

Upside - I just dumped my shares this morning at .00007. Better than losing it all. This Kool-aid is a bit too sour for me.
Cowboy out.
 
Posted by bill1352 on :
 
.00007??? its in a run!!! must be the squeeze everyone is waiting for...lol
 
Posted by ed19363 on :
 
Sounds like the Washington demo was a bust too. Latest info is they cancelled the bus to NYC, so everyone is on their own to get there from DC.
Havent seen coverage on any of the news shows yet.

Fizzle for a lawyer, fizzle for the demo...LOL
 
Posted by ed19363 on :
 
30 people out of a possible (rumored) 50,000?
Sounds like we really have a chance to change history, huh? Maybe they should have held it on a Saturday so all the poor shareholders who dreamed of being rich wouldnt have had to miss work.
The only word that comes to mind is "pathetic".
 
Posted by legaleagle on :
 
You all have been very busy bashing while I was gone.
 
Posted by Ric on :
 
It was hard without you legal but we tried our best, lol.
 
Posted by Wallace#1 on :
 
Hey legal,

How many offices did you people try to get in and could not? How many threw any of the faithful out when they heard it was CMKX you were involved with and touting? LOL
 
Posted by ed19363 on :
 
How many got hauled off to the hoosegow??? ROFL
 
Posted by Wallace#1 on :
 
quote:
Originally posted by ed19363:
How many got hauled off to the hoosegow??? ROFL

Does anyone know how the expression "hoosegow" originated. Just curious....I do not know.
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
Hey legal,

How many offices did you people try to get in and could not? How many threw any of the faithful out when they heard it was CMKX you were involved with and touting? LOL

I don't know about the rest of the CMKXers, but I have known all of my Congressmen and Senators, personally, from the old days when they were local politicians.
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
quote:
Originally posted by ed19363:
How many got hauled off to the hoosegow??? ROFL

Does anyone know how the expression "hoosegow" originated. Just curious....I do not know.
Spanish: juzgado courtroom or tribunal
 
Posted by legaleagle on :
 
I will say this about inaccesibility in DC.: I was very uncomfortable when I arrived at the SEC and a squad of uniformed police came out and blocked the doorway to me. I wasn't exactly a wild eyed raving maniac riding around in my scooter and talking to people. Yet somehow, because I had a belief that there was a wrong being perpetrated on the American people, that I was somehow a "threat" to my government, that needed to be denied access to a building that I helped pay for.
 
Posted by legaleagle on :
 
quote:
Originally posted by wnycowboy:
quote:
Originally posted by Upside:
That's what I did. Just be prepared, market sells go through at .00004.

Upside - I just dumped my shares this morning at .00007. Better than losing it all. This Kool-aid is a bit too sour for me.
Cowboy out.

Cowboy, I have some friends who were able to buy today at .00008. I'm sure they appreciate your making them available.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by Wallace#1:
quote:
Originally posted by ed19363:
How many got hauled off to the hoosegow??? ROFL

Does anyone know how the expression "hoosegow" originated. Just curious....I do not know.
Spanish: juzgado courtroom or tribunal
Thanks legal! How did you happen to know that?
 
Posted by Wallace#1 on :
 
"Cowboy, I have some friends who were able to buy today at .00008. I'm sure they appreciate your making them available."

You mean to say that some of the faithful are still buying? Your friends you say? Oh, never mind!!!! LOL
 
Posted by Wallace#1 on :
 
legal: "I wasn't exactly a wild eyed raving maniac riding around in my scooter..."
-------------

That's your story. Some of us on this thread think differently! LOL No offense.
 
Posted by Ric on :
 
I am hoping the pumpers of this scam are buying ever share they can get there hands on. I hope they are using every last dollar they have. I hope the best for the regular guy that got suckered into this scam but I hope the pumpers that convinced others to buy this lose everything. And they are the only ones that desire the lose.
 
Posted by ed19363 on :
 
I think it's time to change the header on this thread.
CMKX - THE FINAL CHAPTER

pick your own date.
 
Posted by Wallace#1 on :
 
Go ahead, ed. Cannot think of a better person to do it.
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
I am hoping the pumpers of this scam are buying ever share they can get there hands on. I hope they are using every last dollar they have. I hope the best for the regular guy that got suckered into this scam but I hope the pumpers that convinced others to buy this lose everything. And they are the only ones that desire the lose.

Ric, you seem so "testy" tonight.
 
Posted by Ric on :
 
Bad toothache, no worse pain.
 
Posted by Dustoff101 on :
 
quote:
Originally posted by Wallace#1:
[QB] [QUOTE]Originally posted by ed19363:
[qb] How many got hauled off to the hoosegow??? ROFL

Does anyone know how the expression "hoosegow" originated. Just curious....I do not know.

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

Actually your all wrong........The name comes from a little known incident which occured on a small farm in Texas....

A farmer on a cold winter morning was milking his cow.......The cow became very irate and retaliated....The cow wanted no part of those cold hands..........

So the cow did the only thing that made any sense..It took a hose and gave the farmer a whooping he would not soon forget.....

Well, the farmer returned from the barn to the house in a horrible state.......

He had to explain to his wife what happened, so he told her....He said that damn cow was miss behaving and he tought it a lessen by taking a hose to the critter........He had a speach impediment and it came out honey I hoosecowed that damn cow!
 
Posted by Upside on :
 
Dustoff, you're making that up. The origin of the word comes from a cold Wisconsin winter. During a blizzard a farmer became disoriented while walking to his barn and accidently wandered into the neighbors barn and milked his cow. Later that same day, after the storm had passed, his wife and he were heading out for a square dance when she heard their cow moaning. She checked and found the cow unmilked. Upon her discovery she turned and looked at her husband and said "Our cow is full of milk so hoosegow did you milk today?"
 
Posted by Ric on :
 
USCI ex shareholders are starting a owners group now. I say ex because it is halted. So there is 4 owners groups now, CMKX, PRRM, ICAN, and USCI.

So my questions are.

Do you have to be a scam to be naked shorted?

or

Do cult owners of scams drink that much koolaid that they don't see they are in a scam so they blame it on NSS because it can't be they made a bad investment choice?

or

Are there just that many idiots with computers who don't know anything about the market to believe a sub penny stock that diluted its shares to a massive amount is still worth something? So it must be NSS.

or

All of the above.
 
Posted by Ric on :
 
CMKX PRRM ICAN USCI

Poster stocks to combat NSS

Wow, these are sure to bring down the market.

ROFLMAO
 
Posted by ed19363 on :
 
Congratulations to legaleagle, this week's winner of 2 shares of CMKX.
From Wordsmith.com
hoosegow or hoosgow (HOOS-gou) noun

A jail.

[From Spanish juzgado (court), past participle of juzgar (to judge), from Latin judicare (to judge). Ultimately from Indo-European root deik- (to show or to pronounce solemnly) that is also the source of other words such as judge, verdict, vendetta, revenge, indicate, dictate, and paradigm.]

Like the word hoosegow there is another slang term for prison that came from Spanish: calaboose, from Spanish calabozo (dungeon).

Please contact Melvin or someone else for your 2 shares.
 
Posted by Dustoff101 on :
 
[QUOTE]Originally posted by Upside:
[QB] Dustoff, you're making that up. The origin of the word comes from a cold Wisconsin winter. During a blizzard a farmer became disoriented while walking to his barn and accidently wandered into the neighbors barn and milked his cow. Later that same day, after the storm had passed, his wife and he were heading out for a square dance when she heard their cow moaning. She checked and found the cow unmilked. Upon her discovery she turned and looked at her husband and said "Our cow is full of milk so hoosegow did you milk today?"

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

Upside, if Shakeman would put down his grilled ham and chese sandwhich for a minute,he could easily find the answer............

All he needs to do is call the cow in Texas...

I'm afraid your the one telling a bit of a fib here.........But you probably got led astray by believing it straight from the horse's mouth......

I heard you got your explaination of the word hoosecow from a horse.............Anybody who knows how to do proper DD,,,,,,,,knows, that horse's get the facts all messed up........

Horse's drink to much beer and are in the bag most of the time.......

Cows know the value of sobriety during working hour's!!!!!!!!!!!!!!!!!!
 
Posted by bill1352 on :
 
well legal i'm glad your back. going over to other boards to bring the cults new opinions is not a pleasant task. its almost painfull to read some of that stuff. if anyone has a teenager & ya need to explain the effects of drugs to them, let them see some real stuff about CMKX, the SEC report, the 8K, a few prs, the O/S & then take them to a CMKX board & let them read a few of those posts. you'll never have any trouble with drugs after that.


by the way legal, you never mentioned how many showed up? or is that something you'd rather not bring up? how many were concerned about companies that are not halted, about to be halted or as in CMKX's case about to be history? by the way buyins.....com has more coming to expose those real companies that are truly hurt by NS'ing.
 
Posted by legaleagle on :
 
bill, there were about 25 of us in DC. More would not have fit in the space they gave us. But numbers weren't all that important. It was the issues that were important. And we made them known in DC and in NY. That's what we went for; and that is what we accomplished.
 
Posted by bill1352 on :
 
well legal i'm glad you did. i just hope that the only companies that were brought up were not just CMKX, ICAN, PRRM or USCI. i know your focus is on cmkx but realisticly it will no longer be a company in 1 month, at least not a publicly traded company. to get the ppl's attention that need to look at this problem real companies with o/s & float numbers in the millions not billions need to be pointed out. the second anyone hears billions in any o/s they quit listening. i understand the cult has not grasped what will happen july 15th. since every defence stocklein tryed to use was thrown out & no proof of any hope of filing was given or any reason other then "we aren't perfect" was used & since the SEC had a great amount of proof the judge has no choice. since this is true using CMKX as the NSS posterchild is just plain foolish & will hurt more then help.
 
Posted by legaleagle on :
 
bill, I guess Stoecklein and Mahue are just too stupid to see that handwriting on the wall.
 
Posted by legaleagle on :
 
FRIZZELL/TDW CANADA LETTER


http://www.cmkxownersgroup.com/TDW-CanadaLetter.pdf
 
Posted by GatorMan on :
 
quote:
Originally posted by Ric:
I am hoping the pumpers of this scam are buying ever share they can get there hands on. I hope they are using every last dollar they have. I hope the best for the regular guy that got suckered into this scam but I hope the pumpers that convinced others to buy this lose everything. And they are the only ones that desire the lose.

If you're going to hope for something why not hope that CMXK turns out to be ligit and all these people that got "suckered in" will actually make some money rather than be scammed? This to me is the point I'd tried to make a few weeks ago, there seems to be such glee from those negative on this stock that people are going to loose money and they somehow deserve it for being suckered in.

What's wrong with just pointing out the facts of the situation without all the sadistic remarks? And it's not just you, there are a number of people on this and other boards that take delight in the fact that people got suckered and are going to loose money.

Oh, right, your directing your comments toward the pumpers. Well, I guess the suckers are just collateral damage in your attacks.
 
Posted by Ric on :
 
No gator. but this is so obvious its silly. If you can't see its a scam don't get mad at the ones that do. This is so easy to see. Geeze. I thought more highly of you then that. If I didn't know for a fact it was a scam then I wouldn't say that comment.

And it does pizz me off that these paid pumpers like Willy, who has admited to receiving shares from CMKX to promote it, are scamming people into this scam. I have the right to be mad when I see a obvious scam like this being pushed on so many people. Housewives and college kids who only think they know how to invest being told this is something its not. YOU NEED TO BE STANDING UP AND SCREAMING IT TO. Stop these scam and stop these paid pumpers from scamming others.
 
Posted by Ric on :
 
Gator what really got to me is a close friend of mine that I have talk to on here got suckered in on these scams. He was a college kid who spent his money on CMKX, PRRM, and MLON on a promise made by people in these room. Sure its his fault but he is young and didn't know better. Yet you seem to feel that people should be able to come in here and pump this to people with no one standing up and saying, hey watch out. Theres a problem here. I have been on this board for a very long time now. Had another name before it got messed up when I changed email accounts. I have talked with you in the past on other stocks. You should know that I usely don;t say much negative. But these stocks like CMKX, PRRM, MLON, CNES, ICAN, USCI, and others were pumped on this board and others. When people tried to say something about hey the company is hiding information don't you think thats is a sign of something bad, they were attacked big time. Yet it was alright for innocent people to lose there money on these scams.

Don't invest more then you can afford to lose.
Do your on dd.
Never listen to others make your own choice.

Those are great caught phrases but are hard words to live by when the novice comes in here and begins investing and wants advice. Sounds great but not all have been investing for 22 year like myself and others. And even then some of us long investors get caught by these pennies (THTHF and AFRR were mine). So if you can't see this as what it is a scam and not won't to warn people about it then thats not my fault. I find your words offensive though in the sense you should want to stop these scam and others getting into them.

By the way it has 703 billion o/s th pps isn't going up no matter if I or anyone esle in here doesn't say anything bad about this stock. And as I said, if I didn't know for 100% sure then I would keep my mouth shut.
 
Posted by wnycowboy on :
 
quote:
Originally posted by Wallace#1:
"Cowboy, I have some friends who were able to buy today at .00008. I'm sure they appreciate your making them available."

You mean to say that some of the faithful are still buying? Your friends you say? Oh, never mind!!!! LOL

I hope they make a bundle off of those 6m shares. Another donation for Urban to spend at the track. I didn't know you could find diamonds at a race track...
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
No gator. but this is so obvious its silly. If you can't see its a scam don't get mad at the ones that do. This is so easy to see. Geeze. I thought more highly of you then that. If I didn't know for a fact it was a scam then I wouldn't say that comment.

And it does pizz me off that these paid pumpers like Willy, who has admited to receiving shares from CMKX to promote it, are scamming people into this scam. I have the right to be mad when I see a obvious scam like this being pushed on so many people. Housewives and college kids who only think they know how to invest being told this is something its not. YOU NEED TO BE STANDING UP AND SCREAMING IT TO. Stop these scam and stop these paid pumpers from scamming others.

If I didn't know for a fact it was a scam then I wouldn't say that comment.


"Fact" is a pretty strong word, Ric. I think IMO would be better.
 
Posted by GatorMan on :
 
quote:
Originally posted by Ric:
No gator. but this is so obvious its silly. If you can't see its a scam don't get mad at the ones that do. This is so easy to see. Geeze. I thought more highly of you then that. If I didn't know for a fact it was a scam then I wouldn't say that comment.

And it does pizz me off that these paid pumpers like Willy, who has admited to recieveing shares from CMKX to promote it, are scamming people into this scam. I have the right to be mad when I see a obvious scam like this being pushed on so many people. Housewives and college kids who only think they know how to invest being told this is something its not. YOU NEED TO BE STANDING UP AND SCREAMING IT TO. Stop these scam and stop these paid pumpers from scamming others.

Well, I'm not a judge or a jury so I can't say for sure this is a scam (although I will admit it certainly looks like one). It may be simple gross incompetence. And I do see your point. I'm just not sure you are seeing mine. Sure, you have every right to be mad. But in your anger you are belittling the victims as well as the perpetrators.

Maybe I have trouble dealing with absolutes. You have made up your mind that this is a scam and there is absolutely no possibility that it is not. I'm at least leaving a little room to say "maybe there is something here I don't know that will alter the facts". That doesn't mean I think I'm going to do anything but loose my investment on this, but I am going to give the benefit of doubt, no matter how small, that it could be something else until there is absolute, documented, proof that it is otherwise. Such as criminal charges and a conviction.

I guess my point is that those of you on a crusade to protect the public from the scammers (no, I won't call you a basher) don't seem to have as much compassion for the victims as you claim to have. Some of the things said by you and those like you (such as using "LMAO") make me think that the thought of the pumper loosing their investment as this thing goes down the tubes is hilarious. Never mind that a lot of people sucked into this thing are also going to loose big time. Personally, I don't care if the pumpers make money big time because it turns out that there is really something to this company (OK, so the chance of that is something like the stock price expressed as a percent) and THEN get hauled off to jail for accepting payment to pump the stock. It's win-win for everyone.

Got to get back to work, but for the record I do NOT recommend this stock to anyone at this point. If you're in, consider getting out before it's to late.
 
Posted by Ric on :
 
UC admitted to not knowing how to run a public company. He admitted to losing records, voids in records. He is CEO so no matter who lost them its his responsibilty. All he for sure does is show up at the race track. He refuses to give any information out. He takes the 5th in court. O/S is 703 billion. HE LIED ALL LAST YEAR ABOUT BEING CLOSE TO FILING. Were do you not see the fact this is a scam. From the paid pumpers that have gave you the non facts about diamonds and settlements. The only good thing that has ever came out of this company is unproven theories by pumpers, period. Not my opinion thats facts.
 
Posted by legaleagle on :
 
 -
 
Posted by Ric on :
 
And I see your point about the victims. But what I say won't change the fact they are victims. I wish they weren't any victims in these scams. But thats what makes them a scam is the fact there are victims out there. CMKX wouldn't be worth talking about if there wasn't victims. It's unfortunate that there is. I feel for them, I really do. I just don't want to see more victims. Because no matter what I say, the ones that are already victims want get there money back. Because when it is revoked next month then no one will be able to trade this again and everyone loses, but especially the victims. Hopefully a lesson is learned and they didn't put there life savings in this. But unfortunately, I have heard some have. Thats why we need to stop these scams from getting new victims in them.
 
Posted by legaleagle on :
 

 
Posted by legaleagle on :
 
OK, page 2 isn't going to copy here, so I give up
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
And I see your point about the victims. But what I say won't change the fact they are victims. I wish they weren't any victims in these scams. But thats what makes them a scam is the fact there are victims out there. CMKX wouldn't be worth talking about if there wasn't victims. It's unfortunate that there is. I feel for them, I really do. I just don't want to see more victims. Because no matter what I say, the ones that are already victims want get there money back. Because when it is revoked next month then no one will be able to trade this again and everyone loses, but especially the victims. Hopefully a lesson is learned and they didn't put there life savings in this. But unfortunately, I have heard some have. Thats why we need to stop these scams from getting new victims in them.

Ric if you are right on CMKX being a scam, then I guess you will be heralded as the savior of the masses.

But if you are wrong, I wouldn't want to be in your shoes when you face the people that you talked out of it.
 
Posted by GatorMan on :
 
quote:
Originally posted by Ric:
Yet you seem to feel that people should be able to come in here and pump this to people with no one standing up and saying, hey watch out.

Quite the contrary. I love seeing people come in here and give good, solid information and opinion as long as there is a clear distinction between the two. But all too often it deteriorates into name calling and opinion being stated as fact. But maybe being civil is expecting to much from the majority who post to these boards (and please understand I'm not singling you out. This kind of behavior is rampant).

quote:


Don't invest more then you can afford to lose.
Do your on dd.
Never listen to others make your own choice

Those are great caught phrases but are hard words to live by when the novice comes in here and begins investing and wants advice. Sounds great but not all have been investing for 22 year like myself and others. And even then some of us long investors get caught by these pennies (THTHF and AFRR were mine).

I've been investing over 30 years. GMDP was scam loss.

quote:
[QB]So if you can't see this as what it is a scam and not won't to warn people about it then thats not my fault. I find your words offensive though in the sense you should want to stop these scam and others getting into them./QB]
No, it's not your fault at all. Everybody needs their own level of "proof". And I do want to stop scams when I see them. But I also have enough respect for people that despite my warnings they still enter into the scam to let them, hopefully, learn from they're mistake.

Ric, believe it or not we are not that far off in belief's. It's just a matter of tact and how much effort we are each willing to put into warning people away from what we see as bad investments. I like presenting the facts plainly and without emotion and perhaps an opinion. And I do that seldom. I'm not going to keep pounding on the subject until some novice investor sees it my way, or continue to harp on the subject. Sometimes the school of hard knocks is the best way to learn. Give a person the facts (real facts, not opinion disguised as facts), give your opinion and then let them decide and wish them well.

Now, I REALLY got to get back to work.
 
Posted by Ric on :
 
Legal,

Theres a lot of people in this stock that I will be glad to let be mad at me if I am wrong. Gatorman for one. I hope people like him and many other get there pay day somehow. But unfortunately I know that I am right. Wish I wasn't for them.
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
Legal,

Theres a lot of people in this stock that I will be glad to let be mad at me if I am wrong. Gatorman for one. I hope people like him and many other get there pay day somehow. But unfortunately I know that I am right. Wish I wasn't for them.

But unfortunately I know that I am right.

There ya go again. Please share this "knowledge" and your posts will be more credible. Proof is a wonderful and enlightening thing. It should accompany any such claims as you are making. And I don't mean "The OS is 703 billion", that's bill's line. And doesn't "prove" anything until we know the float.
 
Posted by legaleagle on :
 
Open Letter to Depository Trust and Clearing Corporation First Deputy General Counsel Larry Thompson on the Largest Breach of Public Trust in History

PLANTATION, Fla., Apr. 06 /PRNewswire/ --

PLANTATION, Fla., April 6 /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, http://banking.senate.gov/index.cfm?Fuseaction=Hearings.Detail&HearingID=140.

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.
Eagletech Communications, Inc.

CONTACT: Rodney E. Young of Eagletech Communications, Inc.,
+1-954-584-9665, or Fax: +1-954-583-3309, ryoung@eagletech1.com

Web Site: http://www.eagletech1.com/
 
Posted by Tomil on :
 
I've been trying to sell for 4 months @ .0001 and I see highs going up to .0007/.0006. I'm not getting it?
 
Posted by Ric on :
 
I always have included facts. Just thought it was a waste of time to post it over and over but guess not.

Before the hearing

* Authorized Shares increased from less than 1 billion to 800 billion
* Outstanding Shares increased from less than 1 billion to 779 billion
* 500 billion in dilution from March 2004 to March 2005
* 407 billion on shareholders list as of March 2005
* Was told we would be pleasantly surprised by O/S and made to believe it was under 400 billion. Melvin on the air denies that the O/S is over 400 Billion after TA fiasco
* CMKX Transfer Agent gagged per direction of the UC
* Refuses to give investors basic information on company
* Refuses to give share structure
* CMKX trading unregistered shares in SASK, trading halted there
* SASK inquiry into CMKX valuations ignored
* CMKX partner USCA under investigation by the SASK
* No revenue stream from company operations
* Repeated claims of being close to reporting when in fact no attempt had been made
* Claims in Canada for mineral rights, made to believe 100's of holes drilled. but only 15
* UC buys a 3.5 million dollar property, motor-home, hummer, boat, likes to gamble, likes to race funny cars while shareholders value decreases
* UC at race track almost every weekend
* Spent investors money to sponsor motorcycle and drag racing
* Advertises stock instead of company, Got CMKX
* Voids in records
* UC says he doesn't know how to run a public company
* UC blames others for mismanagement
* SEC investigation and temporary halt
* Lied on form 15 more then 100% off (claimed under 300, had 689)


During the hearing

* Judge ruled that NS is not going to be admitted into evidence
* She asked SEC if they think CMKX has NS and the SEC said no
* When asked by the SEC, TA stated there was no record of CMKX management inquiring into the number of shareholders in July 2003
* RG was paid $250,000 and one page report was presented
* Urban shows up with his own personal lawyer
* Urban invokes his 5th Amendment right to not answer any/all questions asked by the SEC attorneys (12 minutes of "I take the 5th")
* Maheu testifies he was not aware of the problems the new accountant and attorney were having in receiving documentation from Urban to get filings completed.
* Maheu cant answer question on companies operations
* We find out Urban runs CMKX from his house, not the company PR'd new offices in Las Vegas
* Maheu paid $40,000 a month. Has been paid for 2 months pay even though he has been there 4 months and Judge makes joke about the amount he is paid
* Accountants: all quit after frustration in not being able to do their jobs. Current accountant, Neil Levine, resigns on May 9th one day before the hearing
* Rendal Williams (CEO of UCAD & 50/50 partner with CMKX) has a "failing memory" when questioned on the stand, he appearingly is distancing himself from CMKX/Urban Casavant
* Oct. party was in evidence over claims made that didnt happen
* Green Baron interview played because of claims made in it also
* Carolyn Casavant wrote checks against the company account although she is not an officer of the company, explanation given to the court "that's what wife's do."
* Current financial status, over $30 million in debt
*Judge says this is a filing issue
* Has till 29th of June for rebuttals and decision will be by July 15th

After the hearing

* Two .011 micron size diamonds
* Only 15 holes drilled, nothing found in any except in one hole see above
* Drilling report says to give it up people.
* Company issued PR that 100's of anomalies found from goldak fly over yet 8K states 16 from goldak fly over & some of them may not be worth drilling
* Refuses to give investors basic information on company.
* Refuses to give share structure
* UC at race track almost every weekend
* The whole SEC response to hearing. It said it all
* Frizzle working on proving NS


CMKX's actual results could differ materially from such forward-looking statements because of factors such as: actual or perceived benefits of the Jarvis report; any findings or recommendations contained in the report; uncertain regulatory scrutiny; the current state of CMKX's operations; unavailability of documentation and corporate records; benefits of the to be commenced summer drilling program; the ability to rebuild financial records; timing necessary to comply with reporting requirements; lack of adequate internal controls; unforeseen capital deficiencies; 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.
 
Posted by Ric on :
 
Just errors in reporting to tape. There is no sells going through at that price. Its .00007/.00006. They just type it in wrong when reporting it to tape and leave off a zero. The reporting is off but the sell was correct.


quote:
Originally posted by Tomil:
I've been trying to sell for 4 months @ .0001 and I see highs going up to .0007/.0006. I'm not getting it?


 
Posted by Ric on :
 
Legal, I am not saying there is or isn't NSS. It could have NSS, its not proven yet no matter what frizzle fuzzy math says but it could be proven. NSS doesn't keep this from being a scam though. If there is trillions of illegal shares it still doesn't change the fact that UC sold illegal shares, hide information and ran up a 703 billion o/s. Is it right for the MM's and DTCC to use scams as a way to scam others no it isn't. But thats a whole other issue. And I hope that people might be able to get some money back through that outlet. But they never will through CMKX. Because UC spent all its money at the race track.
 
Posted by Upside on :
 
Everyone's screaming for proof so I found it for you. Purely by accident I happened across an infomercial this morning for a fitness product called the "Urban Rebounding" system. That alone should make you go hmmmm but there's more. It appears to be another scam in the making. It's an old jogging trampoline being passed of as something new, they claim it was developed by someone other than Urban himself (very similar to CMKX's claims being held by others) and they state it's a fitness and weight loss wonder (same vein as CMKX's p/r's). Word is they're filming a series of commercials with Urban on one and Melvin on another and they're tracking the weight loss of each, assuming neither of them has a grabber of course. Read all about it here:

http://www.urbanrebounding.com/
 
Posted by Ric on :
 
$119.00. roflmao I bought one on sale at Sears for my daughter a couple months ago for 25 dollars. I wonder how many people they can scam with that. Is Urban and scam two new words for the Thesaurus. Interchangable. Lets see how it rolls off the tongue. MLON is a urban.
 
Posted by Tomil on :
 
Thanks RIC, wasn't sure. Read a post here earlier about PRRM. I was lucky and doubled (made 1K) last Sept. Also got 200,000 shares of a stock instead of dividend. Restricted though until DEC. Tanks again.
 
Posted by GatorMan on :
 
quote:
Originally posted by Ric:
Legal,

Theres a lot of people in this stock that I will be glad to let be mad at me if I am wrong. Gatorman for one. I hope people like him and many other get there pay day somehow. But unfortunately I know that I am right. Wish I wasn't for them.

Ric, you're "I wish I wasn't [wrong]" is the type of thing I like to see. With that I feel more like you do have concern for the victims. And I won't be mad at you if you were to turn out to be wrong, that's not me. I hope you're not mad a me for expressing my views. I wish everyone here well (except the paid pumpers and bashers, and those who are just pretty much nasty bashers for the fun of it).

Now, mabye I should start complaining about the poor grammer I've noticed from many who post here... [Big Grin]
 
Posted by GatorMan on :
 
Humm, my new signature didn't show up on my prior post. Testing to see if it does with this one.
 
Posted by Ric on :
 
You caught me on one of my insensitive days Gator. I get them about once a month,lol. Try to be better. Man please don't start on grammar. I will be in trouble then. I have a degree in electronics, math and Biology. But I can't seem to grasp english grammar at all. I blame it on my hillybilly up bringing and the fact I think faster then I type. Born in the hills of Tennessee. Its hard to type correct grammar when you hear it being abused by everyone around you all day long. lol

[ June 08, 2005, 13:01: Message edited by: Ric ]
 
Posted by ed19363 on :
 
Now, mabye I should start complaining about the poor grammer I've noticed from many who post here...

Dont complain til you learn to spell "maybe" and "grammar".
This is meant as a joke.
 
Posted by ed19363 on :
 
There ya go again. Please share this "knowledge" and your posts will be more credible. Proof is a wonderful and enlightening thing. It should accompany any such claims as you are making. And I don't mean "The OS is 703 billion", that's bill's line. And doesn't "prove" anything until we know the float.

IMO, we will NEVER know the float. Revoked companies are not required to disclose the float.
 
Posted by Wallace#1 on :
 
Ric,

I may be mistaken, but I do not recall any pumping done by Gator.

Gator,

In Ric's previous statement, he made it perfectly clear that he is not speaking about the "regular guy" which I interpret to include those who got "sucked in" to purchasing CMKX stock. This is the codicil he included: "I hope the best for the regular guy that got suckered into this scam but I hope the pumpers that convinced others to buy this lose everything."

As far as the avid pumpers are concerned, they deserve every bit of the loss they experience for sucking dreamers, inexperienced people and those that take the word of so-called religious persons over any others into buying a stock like CMKX. Those people have been warned time and time again. However, they spun facts contrary to their true content, initiated rumors, exaggerated potential way beyond possibility and supported the wrong people involved with CMKX. Granted, I do blame people like Dr.Dementia, Zen, Green Baron, and others more but many of the faithful are extremely guilty too. They are the ones who used expected innocence, honesty and religion to proselytize their greedy venues to attract others into buying CMKX stock.

And, as Ric stated, I too hope those identified above lose everything they put in to CMKX. It might just teach them a sour lesson not to do the same thing again in the future. It just might teach them to listen to others' opinions as possibly having merit much more acceptable than their own. That would be beneficial to all potential buyers of any penny stock....and ESPECIALLY a sub-penny stock like CMKX.
 
Posted by Wallace#1 on :
 
Speaking of grammar and spelling, you guys better be thankful that dwman has not been around. That is his specialty. He knows more about those things than most college professors.
 
Posted by Ric on :
 
Wallace,

"Ric,

I may be mistaken, but I do not recall any pumping done by Gator."

If I implied that anywhere I never meant to. I diffently don't think he did or does. He just owns shares and hopes for the best from what I see. Can't blame him for that.
 
Posted by Ric on :
 
I would have fun with that. Get out the moonshine and spittoon and make his day. lol

quote:
Originally posted by Wallace#1:
Speaking of grammar and spelling, you guys better be thankful that dwman has not been around. That is his specialty. He knows more about those things than most college professors.


 
Posted by GatorMan on :
 
quote:
Originally posted by ed19363:
Now, mabye I should start complaining about the poor grammer I've noticed from many who post here...

Dont complain til you learn to spell "maybe" and "grammar".
This is meant as a joke.

Yeah, the one time I don't run the thing through a spell checker. [Big Grin]
 
Posted by Wallace#1 on :
 
"Yeah, the one time I don't run the thing through a spell checker."


Gator,

You must at least admit that was funny!
 
Posted by Upside on :
 
Posted by Wallace:
quote:
This is the codicil he included:
Codicil, now there's a word! Up had to look that one up.
 
Posted by GatorMan on :
 
quote:
Originally posted by Wallace#1:
"Yeah, the one time I don't run the thing through a spell checker."


Gator,

You must at least admit that was funny!

Yep, got me fair and square. [Wink]
 
Posted by legaleagle on :
 
Street Shares: 275,085,759,530
Cert Shares: 31,865,958,024
Total Shares: 306,951,717,554
Signed Agreements: 5409
 
Posted by bill1352 on :
 
poor grammer??? i'll have you know she had a few hunderd thousand when she died.
 
Posted by Upside on :
 
And did rich grammer leave any of it to you? And if so, did you squander it away on CMKX? Poor grammer's probably rolling around in her grave.
 
Posted by GatorMan on :
 
quote:
Originally posted by Upside:
And did rich grammer leave any of it to you? And if so, did you squander it away on CMKX? Poor grammer's probably rolling around in her grave.

Maybe it was a few hundred thousand shares of CMKX.
 
Posted by ed19363 on :
 
This is fun. I'm sure gonna miss this thread after July.....LOL
 
Posted by Upside on :
 
Grammer leaves Bill a hundred grand and Bill buys CMKX stock with it thinking it's going to be a million in no time. Grammer reaches out from the great beyond to give him a ghostly slap upside his head and tells him "Grandson you're an idiot, you're going to lose your entire investment, now go recoup some of it by becoming a paid basher." Bill says ok grammer, and the rest is history.
 
Posted by GatorMan on :
 
quote:
Originally posted by Tomil:
I've been trying to sell for 4 months @ .0001 and I see highs going up to .0007/.0006. I'm not getting it?

Those are fat fingered typos and are usually, I think, reversed. The real prices are .00007/.00006. If you're really wanting out of this I think the .00006 price is about the best you're going to get.
 
Posted by Binky on :
 
quote:
Originally posted by ed19363:
This is fun. I'm sure gonna miss this thread after July.....LOL

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

Hi all
Here is a repost from another board that has a link to some cmkm messages from a few years ago.
------------------------------------------------

J
Administrator

The oldest post in CMKX recorded history?
Thread Started on Today at 6:33pm

--------------------------------------------------------------------------------
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=2

By: jjjp76
28 Feb 2003, 06:50 PM EST
Msg. 2 of 986755
Jump to msg. #
Im number 2.....em
---------------------------------------

Makes some interesting reading and shows how little has actually changed with the company. There is even a post advising U.C. to use poor management as an excuse if he is ever hauled before the sec. lol
 
Posted by jackpot on :
 
I hope those crooks go to jail!
[Mad]
 
Posted by Ric on :
 
Only in America......do we use the word 'politics' to describe the
process so well: 'Poli' in Latin meaning 'many' and 'tics' meaning
'bloodsucking creatures'.
 
Posted by Doctoall on :
 
quote:
Originally posted by jackpot:
I hope those crooks go to jail!
[Mad]

Jackpot, that is one comment that I fully agree with you on. JAIL for all of Urban et al.
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
Only in America......do we use the word 'politics' to describe the
process so well: 'Poli' in Latin meaning 'many' and 'tics' meaning
'bloodsucking creatures'.

Actually Ric, "poli" used for "many" is Greek.

The Latin, "poli" means slowly.

But that happens when you use Robin Williams for a source.
 
Posted by bill1352 on :
 
upside, just for your info...not a dime...dad & uncles got every penny & since i know my dad...its gone by now...lol. i agree with missing this tread when its gone. only 3 possible 4 events left to debate...stocleins reply (if we ever see it), frizzy's reply & the judges final gaval. possibly a fourth in the final total of shares found from frizzy. then of course there will be a few yrs of the cult predicting when UC rides in on the white horse to save the day. of course there will be a few that put the CMKX certs in their will because UC's grandson will be the one to fix everything. it took so long because debeers was still mining in the area & they had to wait till debeers left so they couldn't find out was CMKX was doing.
 
Posted by legaleagle on :
 
FREEDOM OF INFORMATION REQUEST DENIED BY SEC


FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
(903)595-1921
E-Mail jmartin@cmkxownersgroup.com


Dear Group Members, June 9, 2005


I have posted a letter that we sent to Charles Schwab today. It can be seen at www.cmkxownersgroup.com We are including a list of companies that will be receiving a similar letter today or tomorrow. We are receiving a lot of feedback from members that suggests many brokerage houses are troubled by their short positions. Accordingly, we are inquiring specifically about any problems in CMKX stock to the brokerage houses listed in our NOBO.

We have received a total rejection of the FOIA request which was made through the SEC. I am preparing an appeal of that request as provided by statute. It is necessary to pursue all administrative remedies before filing suit. I should have the appeal finished tomorrow and will post it along with the rejection letter.


Onward,

Bill
 
Posted by ed19363 on :
 
Onward in which direction?
Oh, forgot it cant be down, as we are already at the bottom. Must be sideways....
 
Posted by Ric on :
 
I hope that they can bust the NSS issue open. I just see the stocks they are using as non winners to combat the issue. But really, what will happen if there is a short? The stock is going to be revoked. The people that do this illegal practice are low lives from off shore. The DTCC might be held liable for letting it happen but at worst would have to cover loses in a class action suit. But by the time a good enough lawyer could get a settlement he would get most of the money.

But still no NSS has been proven. Until UC releases the structure of the o/s then as far as anyone knows the float could be 700 billion. Which then no NSS will be proven. The nobo/obo list shows an avg. of 10 billion shares for the holders on the list. And if thats right then the 50-60k shareholders own 500-600 billion shares. So for there to be NSS then Insiders have to own more then the 100-200billion shares that are left. And I am not sure they do. Maybe but even if they did still own 51% then the short is only a couple 100 billion shares which by percentage may not be able to force any settlement at all since the stock will be revoked anyway. JMHO
 
Posted by Wallace#1 on :
 
Ric, you realize that if the 50-60K shareholders own 500 to 600 billion shares, that the laws (as far as I know) require a shareholder meeting and vote. Exceptions might be with a spcl Pfd or other methods giving control over to Insiders. However, even there, to have made the exception, maybe UC violated laws by not going to shareholders. The way that clown has performed to date, I would not put anything beyond him.
 
Posted by Ric on :
 
I still think that UC used the Jan 2003 legal opinion to vote 51% without a shareholders meeting. I think that when insiders (JV's) did own majority they gave written consent to UC to vote 51% under the 51% written consent law in Nevada. And UC has been using it ever since. Whether it is illegal or not, I think thats what happened. Or he issued preferred shares that wasn't made public. Either way, I really don't think he and the insiders hold 51% anymore. They may and if so then there is around 853 billion shares out there. Around 500 billion in float and 353 billion to UC and insiders. But thats the max I see for those pushing NSS in this stock. But still think there may not be and UC and insiders no longer have a 51% hold on the company.
 
Posted by legaleagle on :
 
People reporting that their divies have disappeared from their accounts this evening. AMTD and Schwab so far.
 
Posted by bill1352 on :
 
what reason would anyone cover a NS? the first thing the DTC will say is 703 billion shares. who screwed the shareholder the most? the NS or the company? they will point to the lack of any financials, illegal shares sold, lack of any serious exploration of the claims, the complete disreguard for keeping shareholders informed. if they are proven to be largely ns'ed all they will end up paying it at the most .0002 per share. the real trouble will be the partners, if the claims are in CMKX's name what happens to their share of the claims? you've got 5 or 6 companies that own a piece.
 
Posted by Ric on :
 
I think the DTCC will play dumb. Say we didn't know if it was the company illegally selling the shares. With the company dumping shares like they where, how could we know that NS shares were being sold. I agree bill, I don't see any money ever coming out of this.
 
Posted by Ric on :
 
Didn't that happen before and it ended up just being a name change or something like that
and the shares were back the next day after noon?

quote:
Originally posted by legaleagle:
People reporting that their divies have disappeared from their accounts this evening. AMTD and Schwab so far.


 
Posted by Ric on :
 
Anybody notice that since UC got his private lawyer not only did he take the 5th at the hearing, he has keep his trap shut to the shareholders too.
 
Posted by Ric on :
 
The reason why the Judge will revoke CMKX is exactly the same reason people are arguing on this board. UC refuses to give anyone information on the company or the share structure. We can set here and guess if UC still holds 51% or not. If the float is 300 billion or 700 billion. No one really knows. If there is no filings the Judge will have no other choice but to revoke since the CEO refuses to talk.
 
Posted by bill1352 on :
 
we will never know what UC or any insiders own other then mahoo...zero in his case. as came out in court they are no where near & have never been close to filing. if UC ever had any intention of filing he would have hired an auditor before the SEC started calling. i'll bet frizzy doesn't even know the float. the only hope in getting any info is either the shareholders sueing UC or the SEC bringing criminal charges & not excepting a plea bargin from UC's personal lawyers. i bet stocklein phones in the reply to the SEC report. i bet its just a formality with no real disagreement to any of the SEC charges. they will file something but it will only be a half hearted pile of meanless words. frizzy's report will give a clue to the final total of scammed shareholders. if he is at 8000 copies of broker statements then about 48,000 shareholders have either sold for what they could get or wrote it off as a loss. next week should bring the 2 replies to the SEC, might be interesting.
 
Posted by legaleagle on :
 
By: pedro20040
10 Jun 2005, 09:42 AM EDT
Msg. 989453 of 989481
Jump to msg. #
According to the Frizzell Letters, the NOBO OBO list contains the following shares (held in street name).


01 ~~~ AG Edwards & Sons, Inc. --------------- 862,787,979
02 ~~~ American Express --------------- 1,359,924,430
03 ~~~ Ameritrade, Inc. --------------- 180,519,376,324
04 ~~~ Bear Stearns Securities Corp. --------------- 2,094,241,869
05 ~~~ Charles Schwab & Co., Inc. --------------- 19,550,268,348
06 ~~~ Citigroup Global Markets --------------- 2,144,066,194
07 ~~~ Computer Clearing Services, Inc. --------------- 4,023,041,171
08 ~~~ Etrade Securities, LLC. --------------- 106,935,010,685
09 ~~~ First Clearing --------------- 8,119,429,767
10 ~~~ Fisery Securities, Inc --------------- 5,973,547,200
11 ~~~ Goldman Sachs Execution & Clearing --------------- 400,231,367
12 ~~~ H&R Block Financial Advisors --------------- 659,821,122
13 ~~~ J.J.B. Hilliard, W. L. Kyins, Inc. --------------- 638,706,563
14 ~~~ Janet Montgomery Scott, LLC. --------------- 767,255,128
15 ~~~ Morgan Keegan & Co., Inc. --------------- 321,889,760
16 ~~~ National Financial Services, LLC. --------------- 25,936,578,884
17 ~~~ National Investors Services --------------- 17,730,564,333
18 ~~~ Oppenheimer & Co., Inc. --------------- 486,420,697
19 ~~~ Penson Financial Services --------------- 7,312,599,629
20 ~~~ Pershing, LLC. --------------- 21,177,483,699
21 ~~~ Primevest Financial Services, Inc. --------------- 424,083,633
22 ~~~ RBC Dain Rauscher, Inc. --------------- 1,165,080,658
23 ~~~ Scottrade, Inc. --------------- 2,308,471,541
24 ~~~ Southwest Securities, Inc. --------------- 2,491,664,196
25 ~~~ Wells Fargo Investments, LLC. --------------- 1,931,584,426
26
27 ~~~ Total --------------- 415,334,129,603


According to the CMKX Form 8K filed on March 14, 2005 ~~ CMKX stated there were 407 Billion Shares held in street name.

And when we subtract the shares that have been reported on the Frizzell Letters:

Total Shares per Frizzell NOBO List --------------- 415,334,129,603

Total Electronic (CEDE) Shares --------------- (407,321,106,308)

Short Position --------------- 8,013,023,295


If anyone is holding shares in a brokerage company not listed above, please name the company.

Brokerage Companies missing from the above list:

Ameritrade Canada, Inc.
TDW Waterhouse, Inc.
TDW Waterhouse Canada, Inc.
 
Posted by Ric on :
 
Well, CEDE number changes a little every day depending on who is selling and buyin. Plus the 97 billion left in a/s may have been sold, who knows. Because UC refuses to keep us informed. But no proof of any major NSS there like the trillions that is being passed off. I think everyone figured some shorting occured. Thats normal for any stock. As I said yesterday, I guessed around 500 billion. If you add the brokers not listed it would probably come close to what I guessed. So if 407 billion is what it should be then we are 97 billion off or what is left in a/s. Hum, thats very interesting.
 
Posted by Wallace#1 on :
 
That figure of 415+ billion in street name also suggests that the public owns 50% or more if the NSS position is minimal.
 
Posted by Ric on :
 
I think bill said that a long time ago. If CEDE was 407 billion as UC stated then insiders couldn't own 51% anyway.
 
Posted by bill1352 on :
 
the insider shares are not in CEDE unless they violate more SEC rules, which in cmkx's case doesn't seem to be a problem. any insider shares would be held in their name & recorded in their name.


by the way wallace a old cmkx friend said hi on another board a svt-cobra...i guess they dont like me much over there not to happy with you either wallace. i was just told to get out...lol
 
Posted by bill1352 on :
 
just got a reply from my senator...by the way i did not vote for this clown & this letter proves why. not once does it mention anything to do with NSS. but it does prove what we have been saying about CMKX being the posterchild for NNS. you cant hold up a won't report, wont be honest company. washington will not listen. by the way sen. levin is a Democrat.


Dear Mr. Nardin:

Thank you for contacting me about the need to improve corporate accountability, restore investor faith in our markets, and properly punish those who commit corporate crimes. While I am pleased that Congress has passed a number of reforms to punish corporate misconduct and protect shareholders and workers from future abuses, I believe more must be done.

The stunning collapse of Enron, WorldCom and a growing list of other companies has called into question many aspects of corporate governance that were previously taken for granted, including the accuracy of companies' financial statements, the independence of outside auditors, and the reliability of employees' 401(k) retirement funds. It is clear that the mechanisms designed to protect investors and workers were insufficient to dissuade corporate management in some companies from engaging in deceptive financial reporting and other abuses.

I supported the Sarbanes-Oxley Act (P.L.107-204), also referred to as the Public Company Accounting Reform and Investor Protection Act of 2002, which Congress passed and the President signed into law. This law, which includes some provisions contained in a bill I previously introduced, establishes new criminal laws designed to punish corporate malfeasance; sets up a new audit oversight board not under industry control; imposes new limits to stop auditing firms from providing certain consulting services to the companies they audit; provides new, independent funding for the board that sets accounting rules; and requires Chief Executive Officers and Chief Financial Officers of publicly traded corporations to personally certify the accuracy of their companies' financial statements.

While this will go a long way toward protecting investors in the future, it is not enough.

For the past ten years, I have fought to require companies to account honestly for the stock options they give to executives and other employees by showing them as expenses on their financial statements. Current law allows a company to distort its true financial condition by keeping the cost of stock options buried in a footnote and outside the companies' earnings calculations. Companies frequently award large amounts of stock options to top executives because they are viewed as cost-free. These awards encourage corporate executives to artificially inflate their companies' stock price by manipulating company financial statements. To address these problems, in January 2003, I introduced the Stock Option Accounting Review Act (S.181) with Senator McCain (R-AZ), which would direct the Financial Accounting Standards Board (FASB) to conduct a fresh review of the accounting treatment of stock options and take appropriate action within one year. S.181 has been referred to the Senate Committee on Banking, Housing and Urban Affairs. Senator McCain and I also introduced the Ending the Double Standard for Stock Options Act (S.182), which would require companies to treat stock options on their tax returns the exact same way they treat them on their financial statements. S.182 has been referred to the Senate Committee on Finance. Since the introduction of these bills, FASB has announced that in 2004 it intends to issue a new accounting standard to require companies to treat stock option pay as an expense on their financial statements.

Additionally, over the past several years, we have been hearing more and more about corporations using offshore tax havens to avoid paying their fair share of U.S. taxes. One of the most egregious abuses is when a U.S. corporation reincorporates in a no tax or low tax jurisdiction offshore, while keeping the companys primary management and production facilities in the U.S. By creating shell headquarters in tax haven jurisdictions like Bermuda, companies that were once American corporations and still do a significant amount of work in the U.S., can avoid paying billions of dollars in American taxes. To limit such abuses, on February 12, 2003, Senator Harry Reid (D-NV) and I introduced the Corporate Patriot Enforcement Act (S.384). This bill would deny future tax benefits to U.S. companies that use such havens in this way by continuing to treat them as U.S. companies for tax purposes. S.384 would not only level the playing field between these companies and their U.S. competitors, but would also save other U.S. taxpayers from having to pick up an estimated $4.9 billion in tax revenues over the next 10 years. S.384 has been referred to the Senate Committee on Finance. Representative Neal (D-MA) has introduced an identical bill in the House of Representatives (H.R.737).

Also, I introduced the Securities and Exchange Commission (SEC) Civil Enforcement Act (S.183) with Senator Bill Nelson (D-FL). This bill would strengthen the ability of the SEC to detect, investigate, and punish corporate and individual violations of the federal securities laws. It would grant the SEC administrative authority to impose civil monetary fines on any person who violates federal securities laws including, for example, corporate officers, directors, auditors, lawyers, or publicly traded companies, none of whom are now subject to SEC administrative fines. It would also significantly increase the maximum civil administrative fines that the SEC could impose on persons who violate federal securities laws. Finally, it would grant the SEC new administrative authority to subpoena financial records without having to notify the subject that such a records request has been made, thereby bringing the SEC's subpoena authority into alignment with the authority of federal banking agencies like the Federal Reserve and the Office of the Comptroller of the Currency. I am pleased that my colleagues in the Senate adopted the provisions of S.183 in the Charity, Aid, Recovery, and Empowerment Act (CARE Act, S.476). While the House of Representatives did not include similar language in its version of the CARE Act, it is my hope that it will be included in the final version of the bill that is worked out in conference so that these common sense SEC provisions can soon be signed into law.

Investor confidence in U.S. capital markets has not been fully restored, and Congress needs to provide strong leadership to assure U.S. investors that their interests are protected. I will continue to support legislation to meet this goal.


Sincerely,
Carl Levin
 
Posted by ed19363 on :
 
Sounds like a master of gobbledegook to me....good politician, uses several paragraphs to say nothing at all.
Kinda reminds me of CMKX PRs....LOL
 
Posted by Ric on :
 
Plus, if UC and company knew they were not going to file anyway, and knew that they will probably get revoked. Then why would they continue to hold shares. They could be dumping there shares if they actually had any every since the halt. Already rumors that the claims are being transferred. The stock gets revoked and if there is no claims then its worth nothing. So why would he continue to hold shares. Since the cult seems to run theories, heres one to ponder. As stated UC doesn't seem to care to break rules like selling insider shares without reporting them. He hasn't reported any buys or sells of shares so far so why start now.
 
Posted by bmarley5780 on :
 
CMKX = gay
 
Posted by Upside on :
 
quote:
CMKX = gay
I thought that was QBID.
 
Posted by bmarley5780 on :
 
lol
 
Posted by legaleagle on :
 
TOO FUNNY, BEING ENJOYED BY BASHERS AND LONGS ALIKE. POST AT 32, BY SARGE, TO A QUESTION "HAS ANYONE HEARD ANYTHING FROM WILLY'S?"


Sarge
Diamondologist

member is offline


Joined: Nov 2004
Posts: 375
Re: Paltalk
Reply #6 on Today at 1:59pm

--------------------------------------------------------------------------------
Summary

Abadgoodgirl: We have uranium, gold, silver ....

Ooogie: ~Audio~ ****`in bashers should be lined up and shot. They are a bunch of **** eating mother ****`ers~Audio~

Willy: something is going to happen and by that i mean that soon we will see the happening as it happens, it will not happen today but it will happen, have i ever said it will happen, no, just that it may happen, I believe it will happen and when i say it will happen you can take that to the bank.

Abadgoodgirl: We have diamonds,oil sands, platinum ...

Willy: Acca believes what he says to be true and i believe that Acca believes that he is right. I am not endorsing Acca but i support his position.

Ooogie: ~audio~ (inaudible) @#$T! (inaudible) %$#@~audio~

I think that covers it
 
Posted by ed19363 on :
 
quote:
Originally posted by Ric:
Plus, if UC and company knew they were not going to file anyway, and knew that they will probably get revoked. Then why would they continue to hold shares. They could be dumping there shares if they actually had any every since the halt. Already rumors that the claims are being transferred. The stock gets revoked and if there is no claims then its worth nothing. So why would he continue to hold shares. Since the cult seems to run theories, heres one to ponder. As stated UC doesn't seem to care to break rules like selling insider shares without reporting them. He hasn't reported any buys or sells of shares so far so why start now.

Now there is a thought. If UC planned on being revoked, he would naturally sell all the shares he could. Pocket the money and move on. And since nobody knows the share count or anything else, he would get away with it, too......
 
Posted by a4realguy on :
 
I don't see Fidelity listed.


quote:
Originally posted by legaleagle:
By: pedro20040
10 Jun 2005, 09:42 AM EDT
Msg. 989453 of 989481
Jump to msg. #
According to the Frizzell Letters, the NOBO OBO list contains the following shares (held in street name).


01 ~~~ AG Edwards & Sons, Inc. --------------- 862,787,979
02 ~~~ American Express --------------- 1,359,924,430
03 ~~~ Ameritrade, Inc. --------------- 180,519,376,324
04 ~~~ Bear Stearns Securities Corp. --------------- 2,094,241,869
05 ~~~ Charles Schwab & Co., Inc. --------------- 19,550,268,348
06 ~~~ Citigroup Global Markets --------------- 2,144,066,194
07 ~~~ Computer Clearing Services, Inc. --------------- 4,023,041,171
08 ~~~ Etrade Securities, LLC. --------------- 106,935,010,685
09 ~~~ First Clearing --------------- 8,119,429,767
10 ~~~ Fisery Securities, Inc --------------- 5,973,547,200
11 ~~~ Goldman Sachs Execution & Clearing --------------- 400,231,367
12 ~~~ H&R Block Financial Advisors --------------- 659,821,122
13 ~~~ J.J.B. Hilliard, W. L. Kyins, Inc. --------------- 638,706,563
14 ~~~ Janet Montgomery Scott, LLC. --------------- 767,255,128
15 ~~~ Morgan Keegan & Co., Inc. --------------- 321,889,760
16 ~~~ National Financial Services, LLC. --------------- 25,936,578,884
17 ~~~ National Investors Services --------------- 17,730,564,333
18 ~~~ Oppenheimer & Co., Inc. --------------- 486,420,697
19 ~~~ Penson Financial Services --------------- 7,312,599,629
20 ~~~ Pershing, LLC. --------------- 21,177,483,699
21 ~~~ Primevest Financial Services, Inc. --------------- 424,083,633
22 ~~~ RBC Dain Rauscher, Inc. --------------- 1,165,080,658
23 ~~~ Scottrade, Inc. --------------- 2,308,471,541
24 ~~~ Southwest Securities, Inc. --------------- 2,491,664,196
25 ~~~ Wells Fargo Investments, LLC. --------------- 1,931,584,426
26
27 ~~~ Total --------------- 415,334,129,603


According to the CMKX Form 8K filed on March 14, 2005 ~~ CMKX stated there were 407 Billion Shares held in street name.

And when we subtract the shares that have been reported on the Frizzell Letters:

Total Shares per Frizzell NOBO List --------------- 415,334,129,603

Total Electronic (CEDE) Shares --------------- (407,321,106,308)

Short Position --------------- 8,013,023,295


If anyone is holding shares in a brokerage company not listed above, please name the company.

Brokerage Companies missing from the above list:

Ameritrade Canada, Inc.
TDW Waterhouse, Inc.
TDW Waterhouse Canada, Inc.


 
Posted by legaleagle on :
 
4real, many are not yet listed.
 
Posted by bill1352 on :
 
wait 1 minute...i think something is fishy with that list...i think somebody hacked into the site & changed the numbers. i'm sure 70 or 80 computer geeks will agree...my proof..........


25 ~~~ Wells Fargo Investments, LLC. --------------- 1,931,584,426
26
27 ~~~ Total --------------- 415,334,129,603


if you notice #26 has no name or number of shares listed. i bet UC hired a hacker to get into frizzys computer & change everything. i'm calling the FBI.
 
Posted by legaleagle on :
 
Frizzell appeal of the denial of FOIA. Masterful and well worth the $25 alone.


http://www.cmkxownersgroup.com/FOIOwnersGroupAppeal.pdf
 
Posted by legaleagle on :
 
Please note that the reason the SEC gave for denial of the FOIA was "Law Enforcement (Active Investigation). The SEC does not have a "Law Enforcement arm", so the investigation is not about the ongoing failure to report. Remember the TRAIN COMING DOWN THE TRACKS?

Shhhhhhhhhhhhh............listen............can you hear it better now?
 
Posted by Ric on :
 
It passed by my house about an hour ago. Its a noisy sucker.
 
Posted by bill1352 on :
 
well i do agree with frizzy on this matter legal. there is no reason those records should be secret unless frizzy did his job & gave the SEC proof of naked shorting & they were going after the guilty parties. its the only valid law enforcement act that would justify closing those records....... i could see it if it were 5 or 6 nuts screaming for those records but 5,400 nuts should be heard..lol
 
Posted by bill1352 on :
 
i think frizzy messed up a bit there...in the SEC responce he did not black out Ms. Debra Walkers phone number as it states if you have any questions please call her.....lol....wanna bet monday she gets about 5000 phone calls??? the poor lady won't know what hit her...lmao
 
Posted by legaleagle on :
 
You guys coming to the race tomorrow Bill?
 
Posted by bill1352 on :
 
did ya catch the tone of frizzy when refering to cmkx & the form 15? cant call UC a scam yet because he might need something from cmkx but it sure sounded like he is bitting his tongue for now.
 
Posted by bill1352 on :
 
no legal...sorry i would like to but can't. i do really mean i'd like to too. Will went fishing, Upsides wife wont let him & my AC went out on my car...i need that fixed, i drive over 150 miles a day & its been 90 something all week. rush hour traffic in & around detroit sucks without air.
 
Posted by Ric on :
 
Of course they will bill, like the letters to the Judge. It really helps your case to get what you want when morons call up or write and call the person stupid.
 
Posted by legaleagle on :
 
Dang, and I was looking forward to meeting all of you. NO, SERIOUSLY. We argue here a lot, but there is no animosity on my part. Families argue and disagree, but they are still family. Well maybe you all can come to the Indy race. I will probably, God willing, make that one too.
 
Posted by bill1352 on :
 
can you imagine the cult on that phone all next week Ric??? she will have to have her number changed by tuesday....lol
 
Posted by bill1352 on :
 
legal..i agree. i have no hard feelings over cmkx towards you or most of the cult for that matter. only 5 or 6 that i think needs some sort of penalty for the outragous theories. its those theories that got ppl to dump more then they could afford into cmkx....it certainly wasn't anything cmkx said or we wouldn't have anything to debate...lol
 
Posted by Ric on :
 
I bet it gets taken off the hook by mid day. Or some poor intern will be put on the phone to say "I don't know" lol. Maybe they can hire CMKX's TA. They are good at given no information out and putting you off.
 
Posted by bill1352 on :
 
by the way anyone jump into ZAPZ when it crashed tuesday??? the daimler/chrysler ppl in germany do not like the ZAPZ guys according to my brother in law...lol. but they dont order the cars, he does. they just buy from him to resell.
 
Posted by Ric on :
 
On a ligher note:

Cats use fax as toilet, spark house fire

Jun 10, 10:04 AM (ET)


TOKYO (Reuters) - Two kittens picked the wrong place to relieve themselves when they urinated on a fax machine, sparking a fire that extensively damaged their Japanese owner's house.

Investigators in the western city of Kobe have concluded that the fire in January was caused by a spark generated when the urine soaked the machine's electrical printing mechanism.

The fire damaged the kitchen and living room before it was put out by the house's owner, who was treated for mild smoke inhalation, said Masahito Oyabu, a fireman at the Nagata fire station in central Kobe.

The kittens quickly ran to safety, he added.

"If you have a cat, or a dog for that matter, be careful where they urinate," Oyabu said. "Especially keep them away from electrical appliances and wires."
 
Posted by bill1352 on :
 
found an interesting letter on a pro cmkx board. as i stated before the second GEMM divy was never given out. the fine print was the clue as ameritrade pointed out. cmkx canceled the first divy mid-day on the pay date & then changed the pay date to the second divy pay date without ever telling shareholders. thus some ppl got the divy on day 1 & other day 2 depending on your broker. this caused confusion & the look of a huge NS. well here is the proof.


The following letter was received from Marti Hansen after a conference call with her yesterday in which we asked: "Where is our second GEMM divi." She cites the paper trail that indicates that THEY made the distribution to CMKX. CMKX has not, for whatever reason, made the distribution to us:

Hi xxxx:

I truly appreciate everyones patience, I have reviewed the Junia book and found that on October 15,2004 the stock transfer was completed to CMKX diamonds and on October 19,2004 a resolution signed by both Mr. Williams and Mr. Alejo Bermudez as required was executed and on March 17,2005 Mr. Will Roan did submit all information and related paperwork to Fidelity Transfer to the attention of Ms. Heidi Sadowski, stating that the stocks were to be issued and that they were fully paid for, non assessable and without contingency in the name of CMKX Diamonds and were to be sent to First Global Stock Transfer attention Helen Bagley.

Mr. Williams stated that our concern was verifying that the option was concluded and the shares were issued to CMKX. This was completed via the issuing of the stock and now it is up to CMKX to follow through as to the dividend issue. I regret I can not be of more assistance and hope this information is what you were looking for. I understand the fact that everyone is eager to get this resolved. I regret that I have little information other then the enclosed but I will always be glad to try and help shareholders whenever I can. I will surely speak to Mr. Williams concerning the delay everyone has experienced and try to get an update to you via e-mail.

Thanking you in advance for your understanding and patience.

Marti A. Hansen,

CFO/Controller
 
Posted by ed19363 on :
 
So basically, what that says, is that CMKX still owes us GEMM shares, unless they choose to cancel the second divvy.
IMO, we will never see the second divvy, and probably the first one will turn out to be worthless as well. I bet they find a way to make ALL the divvies worthless after CMKX is revoked.
 
Posted by bill1352 on :
 
bingo ed. it was made to look like 2 divys & that cmkx was hugely NS'ed by the fact that some ppl got GEMM divys both days depending on when your broker added them to your account. ameritrade added them the first pay date.
 
Posted by legaleagle on :
 
LETTER SENT TO SCHWAB BY OPTI_MISS_TIC


June 11, 2005

Carol J. Hanson
Chairmans Division/Service Recovery
Charles Schwab
101 Montgomery Street
San Francisco, CA 94104

BY CERTIFIED MAIL and FAX (602-355-7879)

REGARDING: Account xxxxxxxxxx

Dear Ms. Hanson:

I am writing in response to our conversation on June 10, 2005 regarding my account with you. For the record, I would like to review what transpired:

1) In November, 2004 I sent you an email requesting assurances that my position in CMKM Diamonds, Inc. (CMKX) was not shorted in any way.

2) On November 26, 2004 I received a letter from you stating that my xxxxxxxx shares of CMKX have not been sold short in any way.

3) On June 10, 2005 I called you and asked you to please restate your earlier letter to me, but this time stating that my CMKX position had not been NAKED short sold in any way.

4) You refused to provide such a written statement, and stated that you would speak to your General Counsel about this matter.

5) After your conversation with Carrie E Dwyer, General Counsel for Charles Schwab, you called to inform me that:

a. You intend to terminate doing business with me within the next 30 days;
b. The only thing that you will put in writing is that you have the right to terminate my account;
c. My CMKX dividend shares (CIM, GEMM, and USCA) have been deemed worthless and a courtesy sell will take place in 30 days.

I certainly no longer wish to do business with a broker that would, without explanation, wish to terminate a business relationship with me. I therefore request that the following actions be taken immediately, and at no cost to me:

1. I demand a refund of $658.90 the commissions that I paid to Charles Schwab to purchase my position in CMKX. Since this is a Charles Schwab-initiated action, I demand a refund of the fees that I paid. Please send me a personal check in this amount immediately.

2. I demand that Charles Schwab order the following Certificates immediately (from the Transfer Agents and at no cost to me), and that they be sent to me by certified mail:

CMKM diamonds Inc.: CMKX xxxxxxxxxx shares

Casavant International Mining Corp. Private Company Ticker/Symbol CIM xxxxxxxxxx shares (Restricted and Privately-held)

Juina Mining Corporation Ticker/Symbol GEMM xxxxxxxxxx shares (restricted)

US Canadian Minerals Ticker/Symbol USCA xxxxxxxxxx shares (restricted)

3. I hereby DEMAND that you take no action whatsoever to sell or liquidate my dividend shares, as described in number 2 above.

In closing, I must say as a result of making a simple request, it seems that draconian (and highly irregular and unprofessional) measures have been taken by you and/or your General Counsel. I have been with Charles Schwab for over five years and have paid thousands of dollars in commissions. Within a period of five hours, and as an apparent result of my making a simple request for my piece of mind, you decided to terminate my business. Do you treat all your Preferred members this way?

If you have any questions regarding my above demands, please contact me as soon as possible. Please confirm to me in writing at your earliest convenience that you have processed my CERT requests as outlined above.

Thank You,

//SIGNATURE//


cc: Carrie E. Dwyer, General Counsel Charles Schwab
Bill Frizzell, Esq. (CMKM Diamonds Owners Group)
Andrew Hill, Investor Relations, CMKM Diamonds, Inc.
Don Stocklein, Esq.
 
Posted by Ric on :
 
Someone posed an interesting question on the other board. Remember Frizzle saying he was going to mail out a letter to every shareholder requesting they send in a copy of there statement to prove the total shares of CMKX.

Well, he posed the question has anyone received such a letter. And with the number of shareholders he claims there is, 50 to 60 thousand, what would the cost of sending that letter be. Wouldn't it be $15,000.00 to $20,000.00 to send out a letter to every shareholder? Did you recieve a letter? Not good questions, great questions.
 
Posted by Ric on :
 
And, while I am questioning the statements of Frizzle. Does everyone remember that when Frizzle first gave the total shareholders he claimed an exact number. Something around 59K if I remember right. Then it was 50K-60K. And if you read his lastest letter he claims 30K-70K. There seems to be a real problem here. Maybe Fuzzy Frizzle Math is falling apart. I hate to call him a liar but his stories keep a changing. Just wonder what other things are fudged.....

What do you call a 100 lawyers at the bottom of the ocean?

A good start.
 
Posted by legaleagle on :
 
Ric, the number of shareholders has to be estimated because the numbers change daily as more people buy and sell CMKX.

Your estimates on postage seem about right. But what is the point? Is there a better or less expensive way to prove the naked short?
 
Posted by Wallace#1 on :
 
Ric,

Very interesting about that letter Fizzle was supposed to have sent out. Do you suppose he never sent it out? Another con job?
 
Posted by Ric on :
 
CMKM hearing told of auditor's frustration, departure

2005-06-10 23:19 ET - Street Wire

Also Street Wire (U-*SEC) U.S. Securities and Exchange Commission

by Lee M. Webb

CMKM Diamonds Inc.'s May 10 hearing before the U.S. Securities and Exchange Commission (SEC) provided some surprising and disturbing revelations for the pink sheet company's faithful followers. Ironically, much of what some shareholders found troubling came from the company's own lawyer and others associated with CMKM.

The proceeding before Chief Administrative Law Judge Brenda P. Murray is to determine whether CMKM's stock registration should be suspended or revoked for failure to file required periodic reports with the U.S. regulator.

CMKM has a large group of devoted Internet followers among its shareholders, reportedly numbered at approximately 60,000 people. In a rather unusual development for an administrative proceeding, about 50 shareholders attended the hearing, with several of them posting their reviews and assessments of the hearing on Internet chat sites.

The SEC's opening statement delivered by Leslie Hakala received some criticism in those Internet reviews and subsequent discussion, but it appears, for the most part, that the U.S. regulator's claims held little surprise for CMKM's Internet followers.

That apparent lack of surprise may turn in part on the fact that many of CMKM's shareholders consider the SEC to be the enemy, so to speak. Indeed, a surprising number of the company's more cult-like followers believe that the SEC is part of a massive conspiracy to mask naked short selling, a practice they claim has damaged CMKM.

As it turned out, the opening statement by CMKM lawyer Donald Stoecklein evidently did hold some upsetting revelations for the company's devoted fans.

For example, shareholders were evidently more than a little shocked to hear Mr. Stoecklein claim that $1.5-million had been paid over two years to the company's accountant, who allegedly produced virtually nothing in return. (All amounts are in U.S. dollars.)

Perhaps even more troubling to CMKM's loyal Internet followers was Mr. Stoecklein's claim that $250,000 had been paid to the company's prior counsel to bring CMKM into compliance, but, again, virtually nothing had been done.

While Mr. Stoecklein did not identify the company's former lawyer, who is not a party to the proceeding, there was little doubt amongst CMKM's faithful followers that it was the once highly touted D. Roger Glenn.

Mr. Glenn was hired amid much fanfare in June of last year and was elevated to a rather lofty pedestal by CMKM's Internet followers. Indeed, many of them claimed that they invested in CMKM because of Mr. Glenn and many more claimed that they continued to hold their shares because of his association with the company.

After working Mr. Glenn into a number of their CMKM fantasies, it clearly came as something of a blow to hear Mr. Stoecklein allege that his request for files from the $250,000 attorney was met with a one-page letter that said, "Dear Donald, we don't have any files."

The SEC's first witness, an auditor hired by CMKM in January of this year, brought some further unsettling revelations.

The auditor's tale

Neil Levine, an accountant with Bagell, Josephs & Co. LLC, was hired to act as CMKM's auditor on Jan. 10. According to Mr. Stoecklein, CMKM had planned to call Mr. Levine as a witness, but he was subpoenaed to appear for the SEC.

"What audit procedures have you done so far for CMKM Diamonds," Ms. Hakala asked early in her direct examination.

"Currently no audit procedures have been performed," Mr. Levine replied.

"And what do you need to perform the audit?" the SEC lawyer queried a short time later.

"General ledgers, books and records, cash disbursements, bank statements," Mr. Levine said. "All sorts of documents. Corporate documents."

"Have any of these records been provided to you?" Ms. Hakala asked.

"No, ma'am," the witness replied.

Mr. Levine testified that he first heard about CMKM in December of last year through a referral from John Edwards. When asked about Mr. Edwards's role with CMKM, the auditor said that he was not sure, but he thought he was a business consultant.

The witness told the court that he met with CMKM's chief executive officer Urban Casavant, the company's chief financial officer David DeSormeau and John Edwards at the office of the former account David Coffey in Las Vegas, Nev., on Jan. 10.

According to Mr. Levine, Mr. Coffey had done an audit of the company in 2001. The auditor went on to say that it was his responsibility to get the prior accountant's work papers to continue.

"Has anybody been auditing CMKM Diamonds' records since Mr. Coffey resigned in 2001?" Ms. Hakala asked.

"Not to my knowledge," said Mr. Levine.

Mr. Levine went on to testify that CMKM explained that they had hired his firm to get compliant to move from the pink sheets to the OTC Bulletin Board or another exchange. He said they were "quite eager" for him to start.

"Did you ask the company if they had any outstanding regulatory issues?" Ms. Hakala asked.

"I said if they -- I did ask the question if they had any problems or any pending questions from the SEC or the Internal Revenue Service, and they said there was no problems," Mr. Levine testified.

"Did they tell you at that time there was an outstanding SEC subpoena to the company?" Ms. Hakala queried.

"No, they didn't," said Mr. Levine.

On further questioning, Mr. Levine said that he first found out about the SEC subpoena in February. He testified that he asked Mr. Glenn to provide him with a copy, but it was not promptly provided. He said he finally obtained a copy when he was in Mr. Stoecklein's office on March 7.

Ms. Hakala moved on to another subject, asking Mr. Levine about his return visit to Las Vegas on Jan. 17.

"What did you do then specifically?" the lawyer asked.

"I spent three or four days at the transfer agent's office going through the transfer agent documents," Mr. Levine replied.

"What did you find reviewing those documents?" Ms. Hakala asked.

"I just made noted and -- what do you mean, what did I find?" Mr. Levine replied. "I mean there was four binders of stock issuances."

"Did you identify what documents you'd need in order to audit the stock issuances?" the SEC attorney asked.

Mr. Levine testified that he told Mr. Glenn that he would need the backup to the opinion letters for the stock issuances. He further testified that they were never provided and he never got to audit the reason for any of the company's stock issuances.

Further into her examination, Ms. Hakala referred Mr. Levine to an exhibit of a draft of stock issuances and, in particular, to a Jan. 22, 2003, issuance, eliciting testimony from the auditor that 390 entities had received shares in that issuance.

That line of questioning drew an objection from Mr. Stoecklein about relevance and whether they were going to go through the whole list of issuances.

"We think it's important to note that the company issued shares to far more than 300 people in January of 2003, which calls into question whether they could in good faith believe that in July of 2003 they had less than 300 shareholders of record," Ms. Hakala replied to the objection.

"So it ties into the validity of the fallen 15," Judge Murray remarked, a reference to an inaccurate Form 15 filed by CMKM on July 22, 2003.

Judge Murray had a few questions of her own regarding something she had noticed in the draft report of stock issuances.

"Isn't it very unusual that a company would issue almost three billion shares and not list a reason?" Judge Murray queried, subsequently asking whether that struck Mr. Levine as being high.

"It strikes me as being high," Mr. Levine replied.

"I should think it would really strike -- I mean it's almost three billion shares," Judge Murray said. "Isn't that really high? Or do you see a lot of companies that issue three billion shares?"

"I don't, but if there was a reason for the shares to be issued that I could audit, I could given an opinion on it," Mr. Levine replied. "Right now, it looked -- yes it looks high to me, but I haven't audited it, so I don't know if it's accurate or not."

Judge Murray went on to ask whether a lot of companies that Mr. Levine audited issued three billion shares.

"No, they haven't," the witness replied.

"Have any of the companies that you've worked on ever issued 300 billion shares?" Ms. Hakala joined in with another question.

"No, they haven't," said Mr. Levine.

Moving to another line of questioning, Ms. Hakala referred Mr. Levine to a Feb. 21 e-mail he had sent to Mr. DeSormeau because he was concerned about not having received any information from CMKM.

Mr. Levine testified that he never received a response from Mr. DeSormeau, nor did Mr. DeSormeau return two or three telephone calls from the auditor.

Ms. Hakala then turned to some questions regarding Mr. Levine's subsequent March meeting in Mr. Stoecklein's office in Las Vegas.

"What happened at that meeting?" Ms. Hakala queried.

"We sat down and we discussed, you know, what I needed to perform an audit, and the law firm had a -- I believe a consultant there, slash, bookkeeper who had done purportedly SEC bookkeeping before," Mr. Levine testified. "And they were going to start gathering the records that I would need to perform an audit."

According to Mr. Levine, the company did not provide a firm date by which he would receive the books and records.

"Did they give you a general date?" Ms. Hakala asked.

"No," said Mr. Levine.

"Has Mr. Stoecklein ever told you that the company was about to send you anything?" the SEC attorney later asked.

"Yes, he did," Mr. Levine replied.

"When did he say that?" the lawyer asked.

"About a week ago before this hearing," Mr. Levine responded.

"Did you receive anything?" Ms. Hakala asked.

"No, I did not," said Mr. Levine.

Ms. Hakala went on to ask how long it would take Mr. Levine to complete an audit, if he received all the necessary financial records and backups.

"A loaded question," Mr. Levine remarked. "If I got everything on a silver platter with financial statements drafted like they're supposed to do and everything just so I could go take and, flick, it would take a couple of months. Maybe three months.

"Bank confirmations, you're talking about three years. You're talking about three audit reports. You're talking about three Q's for each year, so you're talking about nine, ten, eleven, twelve -- maybe twelve or so financial statements and the backup to those statements."

"What are your current plans regarding CMKM Diamonds?" Ms. Hakala asked a short time later.

"Professionally?" Mr. Levine queried.

"Yes," said Ms. Hakala.

"Professionally after this administrative proceeding, I will terminate the relationship with my firm and the company," Mr. Levine replied.

Ms. Hakala then referred Mr. Levine to an exhibit of a May 4 letter he had written to Mr. Casavant and asked him to read it into the record.

"Dear Mr. Casavant," Mr. Levine read out. "The company has not provided the requested documentation and information required for us to perform our audit work.

"As a result, we hereby terminate our engagement with the company effective after the completion of our involvement at the administrative hearing scheduled for May 10, 2005."

Before bringing her direct examination to a close, Ms. Hakala posed a number of questions regarding the $100,000 retainer CMKM had paid to Mr. Levine's firm in January.

According to Mr. Levine, approximately $70,000 of that had been spent through April 30. He testified that approximately $17,500 had been spent on legal fees and $53,000 had been spent on things such as conversations with other accounting firms, research and trips to see the client.

"It's all very well documented," Mr. Levine said.

Mr. Stoecklein rose for a relatively short cross-examination.

CMKM's lawyer asked Mr. Levine to explain a little bit about the relationship between an auditor and an accountant and, further, to flesh out his comments regarding having documentation served to him on a silver platter.

"Okay," Mr. Levine said. "Well, in October of '04 when the new Sarbanes-Oxley rules came out, they made it very restrictive for an audit firm to do anything really do the audit work.

"We're not -- we're not allowed to draft financial statements, we're not allowed to do the bookkeeping. It would be a violation of the independence rules.

"So if Suzanne (Herring) was capable to put together the books and records and write the financial statements, then we would be able to go to town, so to speak, and perform our audit procedures on the books and records for that particular period being audited."

"What would you call that silver-plattered package you were looking for?" Mr. Stoecklein went on to ask.

"Just the books and records," said Mr. Levine. "She was going to put together the books and records so we could do something."

"And in this company you've never received that, is that correct?" CMKM's lawyer asked.

"I have never received anything," Mr. Levine replied.

In subsequent cross-examination, Mr. Stoecklein drew from Mr. Levine that it would take longer to put together an auditable package for a brand new client that did not have accounting records on QuickBooks.

"Did you have an expectation from Suzanne Herring of a full package within some period of time?" Mr. Stoecklein went on to ask.

"No," Mr. Levine replied.

Turning to another line of questioning, Mr. Stoecklein asked whether any of the 60 or 70 public companies Mr. Levine represented traded on the pink sheets.

"Yes, they are," Mr. Levine replied.

"Are the Pink Sheets required to file reports with the SEC?" Mr. Stoecklein asked.

"They're not required, but there are some fully reporting Pink Sheet companies," Mr. Levine said.

"So if CMKM wasn't required by the issue of having greater than 300 shareholders, according to the rule, it would have no need to be filing reports," Mr. Stoecklein remarked.

"That's correct," Mr. Levine said.

With that, Mr. Stoecklein said he had no further questions.

Bill Frizzell, a lawyer representing a group of CMKM shareholders known as the Owners Group, was given permission to cross-examine the witness over the objection of the SEC. Some of the exchanges became a bit testy.

Mr. Frizzell began by remarking that Mr. Levine was represented by counsel at the hearing. He went on to ask whether CMKM was going to be billed for that attorney.

"Yes, sir," Mr. Levine answered.

Mr. Frizzell then put some questions to Mr. Levine about Mr. Edwards, the individual who had referred him to CMKM.

"Does Mr. Edwards have any current stock position in this company?" Mr. Frizzell asked.

"I'm not aware of it if he does," Mr. Levine replied. "I don't know."

"Are you testifying here under oath that you don't know if Mr. Edwards has any stock position in this company at this time?" Mr. Frizzell pressed.

"That's correct," Mr. Levine said. "I don't know if he does."

"Back in the year 2003 or 2004, do you know whether or not Mr. Edwards had any stock position in this company?" Mr. Frizzell queried.

"I don't know," Mr. Levine said. "I've never seen -- I have not seen his name in the stock books, if that's what you're asking."

"And do you do accounting work for Mr. Edwards?" Mr. Frizzell asked.

"No, I do not," said Mr. Levine.

"Would it surprise you that Mr. Edwards would own some companies, some LLCs or companies that might have substantial stock positions in this company?" Mr. Frizzell carried on.

"Would it surprise me?" Mr. Levine queried.

"Yes," said Mr. Frizzell.

"Not -- does it surprise you?" Mr. Levine shot back. "I mean -- "

"Can you answer my question?" Mr. Frizzell quizzed.

"Ask me again," said Mr. Levine.

The escalating exchange drew an objection from Ms. Hakala and an intervention from Judge Murray.

"What's the relevance of the question whether this fellow Edwards does or does not own other companies?" Judge Murray asked Mr. Frizzell.

"This immediate withdrawal of his services a day before this hearing, Judge, has us very concerned," Mr. Frizzell replied. "Mr. Edwards has substantial holdings and has had, over the course of this company's development, substantial stock positions in this company."

"Well," Judge Murray said.

"If there's some relationship between him and this sudden withdrawal of his services of this company, I would think the Court -- it might be helpful to the Court," Mr. Frizzell said.

"Let's ask the gentleman why he's terminating his relationship with the company," Judge Murray said.

"I was fixing to, Your Honor," said Mr. Frizzell.

"Okay," said the judge.

"Okay," Mr. Levine said. "Basically in 25 years of doing accounting and asking for records, this isn't a company that me and my firm wants to continue to represent. I've asked for records over and over. I don't get any records. And I'll leave it at that."

That, however, was not where it was left.

"You testified, Mr. Levine, that you got no records after a certain point in this investigation?" Mr. Frizzell queried a short time later, carrying on before the witness responded. "No records from Mr. DeSormeau or not many records from the company, and that's why you're no longer the accountant or the auditor for this company. Is that your testimony?"

"No," Mr. Levine said. "My testimony is this isn't the type of company that I want to typically represent, one where the owners take the Fifth Amendment and -- when I do ask for records, and it's frankly become problematic."

Mr. Frizzell segued into a few other questions before returning to the subject of Mr. Levine's break with CMKM.

"Is there any particular reason why you chose to withdraw your representation for this company or your attempts to audit this on the day before everyone is headed to Los Angeles for this de-registration hearing?" Mr. Frizzell asked.

"You want to ask me that again?" Mr. Levine asked in return.

"The timing of your resignation," Judge Murray offered.

"The timing is that we're a very busy accounting firm," Mr. Levine said. "I'm in the middle of a major Q season, which is the biggest May 15th deadline.

"And frankly, you know, I'm done playing around with whoever I'm going to get documents from or I'm not, and I have to be on standby.

"And we just don't want to represent a company like this anymore."

"Does it matter that there's 60,000 shareholders that could be affected by your decision?" Mr. Frizzell asked.

That drew an objection from Ms. Hakala and an admonishment from Judge Murray about keeping an air of civility.

Mr. Frizzell ended his cross-examination.

As part of her redirect, Ms. Hakala asked Mr. Levine how an auditor determines the number of outstanding shares for a company that is reported as part of the annual report on Form 10-K.

"We use third-party confirmation evidential matter with the transfer agent," Mr. Levine replied. "We would confirm the number of shares issued with the transfer agent."

Judge Murray allowed recross-examination on that point.

Mr. Stoecklein took the opportunity to pursue questions about whether there might be outstanding shares beyond the number issued by the transfer agent.

"How can you have outstanding shares that aren't issued?" Mr. Levine asked in response. "The issue -- "

Ms. Hakala objected that the question called for a fact not in evidence, but Judge Murray overruled the objection because it appeared that the witness was answering the question.

"It's not really an accounting question," Mr. Levine said. "First you issue the shares, then they become outstanding. You can't outstanding the shares and then say they're being issued."

Mr. Stoecklein passed the witness to Mr. Frizzell, who tried to come at the question differently without success.

"I think the witness's testimony, as I understand it, is you can't have something outstanding that hasn't been issued," Judge Murray remarked.

"We don't look at shareholders' or stockholders' brokerage accounts, Your Honor," Mr. Levine said. "And whatever the company authorizes to be issued, it only happens one time.

"The company makes an issuance, they have a board of directors, you know, approval and it gets issued once. We -- we don't audit or get into each individual stockholder's account."

Mr. Frizzell attempted to press on, but Judge Murray sustained an objection from the SEC lawyer.

"The gentleman's position is, he looks at -- you correct me if I'm wrong," Judge Murray began. "He looks at transfer documents that say 'issued.'

"He doesn't look in this bigger world that you're concerned about, shareholders, how much they say they own.

"He looks at actual records of where the company has issued securities through its board of directors. That's all he's concerned with.

"All this other shareholder stuff that you're aware of because of your clients, he only looks at the company's records and the transfer agent's. He uses the transfer agent to confirm that, as I understand it."

"That's exactly correct, Your Honor," said Mr. Levine.

Mr. Frizzell argued that he was just asking a general accounting question.

"It's not an accounting question," Judge Murray said. "This gentleman audits records. "You're talking about something -- other records outside the company's records. He audits company's records.

"The stuff you're talking about is stuff that isn't in the company's records, as I understand it. Company's records is issued securities."

"Thank you, Your Honor," Mr. Frizzell said. "That's all the questions I have."

With that, Mr. Levine was excused.

Stockwatch will continue its review of the hearing in a following article.

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; Feb. 11, 14, 18, 22 and 23; March 1, 3, 4, 7, 14, 15, 16 and 21; and June 6, 8 and 9, 2005.)

Reader Comments - Comments are open and unmoderated, although libelous remarks may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
 
Posted by bill1352 on :
 
well i'll be...is this auditor telling us you can audit a company & then file a 10K without including NSS & its legal? you mean all that is required is what the company issued??? was he trying to tell us that every audit is done this way & its passes thae Sarbanes-Oxley act? dont tell the folks at willy willies that, they would hire a hitman to get ya. i do think stockwatch has it wrong...it didn' suprize the cult, in fact i'm sure there are a few vodoo dolls out there of levine with pins in them right now.
 
Posted by Ric on :
 
Here is the first article on the hearing. I mossed this one so here it is. Nice to finially here the facts as to what was said at the hearing.


CMKM hearing told of high expenses, few results


2005-06-09 21:13 ET - Street Wire

Also Street Wire (U-*SEC) U.S. Securities and Exchange Commission


by Lee M. Webb

CMKM Diamonds Inc.'s May 10 hearing before the U.S. Securities and Exchange Commission (SEC) was kicked off at 9:34 a.m. by Chief Administrative Law Judge Brenda P. Murray. The evidently no-nonsense judge laid out some ground rules on how the hearing would proceed and took care of some legal housekeeping before inviting opening statements.

The SEC instituted the proceedings seeking the suspension or revocation of the registration of CMKM's securities for failing to file periodic reports as required.

In both its answer to the SEC order and in an April 13 prehearing conference CMKM acknowledged that the periodic reports have not been filed.

Leslie Hakala and Gregory Glynn appeared on behalf of the SEC's Division of Enforcement. Donald Stoecklein registered his appearance on behalf of CMKM.

In one of the unusual aspects of the case, lawyer Bill Frizzell registered his third-party appearance on behalf of a group of CMKM shareholders identified as the Owners Group.

Citing the court's ruling allowing him limited participation in the hearing, Mr. Frizzell asked the judge for permission to cross-examine the witnesses.

"We'll take it as it comes up," Judge Murray said. "You ask the question and then I will listen to it.

"I'm sure I'll get an objection from the Division of Enforcement, but you ask the question and we'll have a go at it."

The rules

As previously reported by Stockwatch, the hearing drew an unusually large number of spectators. For the benefit of the audience, Judge Murray explained how the hearing would be conducted.

The judge explained that the Division of Enforcement had to prove by a preponderance of the evidence that the allegations in the order instituting proceedings were true.

"For that reason the Division of Enforcement starts the case just like any U.S. District courthouse in a trial," the Judge said. "It puts on its witnesses and it has cross-examined, and then we have redirect, and then the witness is concluded.

"After the Division finishes its direct case, we turn to the Respondents. The Respondents then puts on its direct case.

"We turn then to the Division again, and the Division puts in its rebuttal.

"The reason that the Division starts and finishes is that the Division has the burden of proof."

The judge also had some words for the lawyers about how the case would proceed.

"And I would advise the lawyers in this case, I allow direct examination, cross-examination and then redirect and it's over," the judge said. "All right?

"We don't have prolonged examination of the witness.

"Direct, cross, redirect, end of examination, the witness steps down."

The judge moved on to resolve some preliminary matters involving receiving three stipulations into evidence before turning to another somewhat unusual aspect of the case.

The letters

As Stockwatch readers may know, CMKM has a very large Internet following, many of whom seem to think that the company is the victim of a massive conspiracy involving naked short selling.

In addition to expressing their opinions and fantasies on message boards such as Raging Bull, many of the company's devoted followers congregate by the hundreds on PalTalk, an Internet site that provides audio and text messaging in virtual rooms that can accommodate 1,000 people.

Some of the company's cult-like Internet followers have gained a reputation for being very "pro-active," for want of a better word. Indeed, many of them are known for making phone calls, sending e-mails, faxing and writing letters hither and yon to both gather information and offer their perspective on CMKM.

A May 2 prehearing ruling by Judge Murray disallowing acceptance of evidence of short selling was rather hotly criticized, particularly by CMKM's PalTalk followers, and apparently prompted the sending of a number of letters.

An administrator of a PalTalk room largely devoted to CMKM run by former securities violator Hal Engel penned what turned out to be an especially controversially letter, even among the PalTalk followers, to Judge Murray.

Not to put too fine a point on it, Mr. Engel's Willy Wizard's Underground administrator using the Internet alias "abadgoodgirl," who claims to be a certified public accountant (CPA), blasted Judge Murray.

Among other things, the purported CPA suggested that if the judge did not understand accounting, at least the peculiar interpretation advanced in the letter, then she had no business adjudicating the case.

As it turned out, the judge evidently received a number of letters about several matters.

"This is a bit unusual, but I received -- I think it's twenty letters in this case from concerned people about the outcome of the case," Judge Murray remarked.

The judge went on to note that "in the old days" the SEC had a special portion of the docket for such material, but that practice had been discontinued.

In the judge's opinion, however, the letters should be part of the official record, though they should not be used to decide the case.

"I want to put them in as exhibits that were proffered but were not allowed in evidence," the judge advised.

Judge Murray read out the names of the letter writers before handing the correspondence to the court reporter.

The judge received letters from Bruce and Jake Barrett, David Bartels, William Bodenmiller, Sandy Bose, Danny Caldwell, Mitchell Y. Cohen, Marco Boasso, Lucius Haley, Rufus Henscheid, Linda Jones, Don Larsen, Wladimir and Daria Leszenko, Jeff A. Oldford, Noel L. Perinotti, Laurel C. Richardson, John Dudley Roulston, Timothy J. Schedler and Charles J. Trachta.

"And the next one is -- this lady thought I was a dummy," Judge Murray remarked. "Her name is -- oh, I shouldn't say -- Sherri Turner, CPA, and her letter is dated May 4, 2005."

Michael Wontor rounded out the list of people whose correspondence became part of the record as exhibits not admitted in evidence.

Short order

As it turned out, none of the attorneys had received a copy of Judge Murray's May 2 order regarding the SEC's motion to exclude evidence of naked short selling, though the order was available on the SEC's website and had been widely circulated on the Internet.

"I think you're the only ones who don't know because people got upset," Judge Murray remarked, going on to read her ruling.

"CMKM Diamonds' answer does not allege that short selling was the reason CMKM Diamonds did not file the required reports," that ruling read in part. "Accordingly, I grant the Division's motion. I will not allow extensive evidence of short selling into evidence because it is irrelevant to the issue that I have to decide in this proceeding."

After reading the ruling, Judge Murray pursued the matter a bit further, remarking that it seemed to be "a subject of great interest of the people" and then directing a question to the SEC lawyers.

"Now, is the Division willing to stipulate orally that it appears that naked short selling has taken place in this stock?" the judge asked.

"No, Your Honor," Ms. Hakala replied.

"You're not?" Judge Murray queried.

"No, Your Honor," Ms. Hakala repeated.

"Okay," the judge said. "All right. If that's where we are, that's where we are."

As the discussion continued a bit further, Judge Murray remarked that the question to be decided was what was in the public interest in circumstances where CMKM admitted that its securities were registered with the SEC and admitted that they have not filed required reports.

"You all wanted -- you didn't want to have a public hearing," Judge Murray said, evidently a reference to the SEC.

"They wanted a public hearing," the judge continued, a reference to CMKM.

"And I determined that it was the best thing to have a public hearing, to put it all out for the public to see, and then I'll make a judgment," she said. "So that's why we're here."

With that, Judge Murray invited the SEC to present its opening statement.

Shadowy operation

Ms. Hakala began by remarking that periodic reporting obligations are the cornerstone of the system of investor protection through full disclosure.

"This is a case about a company that has failed utterly to fulfill its periodic reporting obligations," the SEC lawyer said. "CMKM Diamonds has not filed any annual reports on Form 10-K since May 2002 and has not filed any quarterly reports on Form 10-Q since November 2002."

Judge Murray interrupted in order to get a better understanding of exactly what reports had not been filed.

"So the public has no information about the finances or the status for those years of this company," the judge remarked after getting a handle on the number of missing reports. "People buying the stock have no information as to those facts; is that right?"

"Yes, Your Honor," Ms. Hakala replied.

"The Division believes the evidence will show that CMKM Diamonds has not filed periodic reports because it cannot," Ms. Hakala said, returning to her opening statement. "It has no audited or even auditable financial statements for the past three years."

Among other things, Ms. Hakala went on to claim that in a late filing notification submitted in May of 2003 CMKM misrepresented that it had filed all of its preceding periodic reports even though the annual report for 2002 was still outstanding.

The lawyer then turned to a Form 15 filed by CMKM and signed by Urban Casavant on July 22, 2003.

"In that Form 15, CMKM Diamonds represented that it was no longer subject to the periodic reporting requirements because it had approximately 300 shareholders of record," Ms. Hakala told the court. "In fact, the Division anticipates the evidence will show that the company knew or should have known that, as of that date, it had 698 shareholders of record."

Judge Murray intervened to flesh out the significance of the Form 15.

"So that's a special thing," the judge remarked. "On the Form 15, if you have less than 300 shareholders, you don't have to file reports."

"That's basically correct, Your Honor," Ms. Hakala said, adding that CMKM filed a registration statement during the year and that another section of the regulations requires periodic reports to be filed in the same year that a registration statement is filed.

"A year-and-a-half later, and almost two months after being contacted by the Division to inquire about their lack of periodic reporting, CMKM Diamonds filed an amended Form 15 admitting that it had misstated the number of shareholders of record and acknowledging its reporting obligations under the federal securities laws," the lawyer continued.

Ms. Hakala went on to say that the SEC expects that the evidence will show that, in spite of CMKM's announcement that it was "working towards completing an audit of its financial statements," that the company does not even have complete financial statements, so an audit has not even started.

According to Ms. Hakala, Mr. Casavant and others affiliated with the company "continually offered empty promises" that the company was working hard, close to becoming current in its reporting and even a little bit ahead of schedule.

"Despite these statements, the Division expects to show that during 2004, CMKM Diamonds took virtually no steps to prepare financial statements or retain an outside auditor," Ms. Hakala continued.

"Despite the lack of periodic reporting, CMKM Diamonds' stock has traded at very high volumes for at least the past year, and the company has purportedly engaged in multimillion-dollar transactions," the lawyer said.

"By failing to file the required periodic reports, CMKM Diamonds has been able to operate in shadows and in secret, relieved of the obligation to keep its shareholders, regulator and the investing public of its actual activities or lack thereof," Ms. Hakala said.

The SEC lawyer went on to say that the regulator expects the evidence to show that CMKM has still made little progress towards preparing its financial statements and is unable to provide a date by which it will be current in its reporting.

Judge Murray interrupted to ask about CMKM's trading volume and price.

Ms. Hakala informed the judge that CMKM traded at one-100th of a penny and the volume typically exceeded one billion shares per day.

"And the company currently -- the Division will introduce evidence suggesting that the company has over 700 billion shares outstanding," Ms. Hakala said.

"Isn't that extraordinary?" Judge Murray queried.

"The Division believes so, Your Honor," came the reply.

"Well, let me just ask you this, from my perspective," the judge said. "Who benefits from all of this? Why are people keeping this going? Who benefits from all this trading, one one-hundredth of a cent?"

"The Division believes, Your Honor -- and the Division doesn't anticipate introducing evidence on this because it's not particularly part of the required reporting, but the Division believes that certain individuals are liquidating substantial quantities of stock and pulling out the proceeds," Ms. Hakala replied. "Perhaps people related to the company."

Ms. Hakala returned again to her opening statement, remarking that for the foreseeable future the investing public will not have access to complete and reliable information about CMKM.

"In short, the Division of Enforcement believes that the public simply cannot make investment decisions regarding CMKM Diamonds," Ms. Hakala said.

Judge Murray posed another question.

"My understanding is that the whole gist of securities regulation in this country is disclosure; right?" the judge asked.

"Yes, Your Honor," Ms. Hakala replied.

"So the Commission doesn't tell people, as I understand it, what they can buy and what they can't buy," Judge Murray went on. "If they want to buy something that you might consider nutty or that I might consider nutty, that's perfectly all right. That's legitimate in this country.

"But what the security statutes say is that people have to have the facts, and so disclosure is the whole thing about securities law. That people have to disclose certain relevant information about the company.

"And if people look at that and decide they want to buy it, you know, well and good, but there has to be disclosure.

"And isn't that the gist of this case?"

"Yes, Your Honor," said Ms. Hakala.

"That this company has not made disclosure?" the judge further asked.

"The Division agrees," Ms. Hakala replied.

"Okay," Judge Murray said. "All right."

"For that reason, the Division asks this Court to revoke the registration of CMKM Diamonds' stock pursuant to Section 12(j) of the Exchange Act," Ms. Hakala said, wrapping up her opening statement.

Settlement interlude

Before Mr. Stoecklein rose to present his opening statement, Judge Murray initiated a brief discussion about the possibility of a settlement as an alternative to resolving the dispute by either a suspension or a revocation of CMKM's securities.

Mr. Stoecklein remarked that there had been some dialogue about a settlement.

"We just couldn't come to terms, Your Honor, because of these folks," Mr. Stoecklein said, an evident reference to the SEC.

"Well, listen, I should get into settlement," Judge Murray remarked a short time later. "You -- whether you settle this case is something else again. I mean I don't know why you settle or why you don't settle."

Bad luck

Mr. Stoecklein's opening statement was considerably shorter than Ms. Hakala's, even with some lengthy exchanges with Judge Murray.

CMKM's lawyer began by remarking that because CMKM was a development stage company, it would have to go back to 2002 to prepare financial statements.

"Listen, you hire a good accountant," Judge Murray said. "He can take -- or she can take care of you."

"Your Honor, we have, and I agree with you," Mr. Stoecklein said.

"You get what you pay for sometimes, but, I mean, I know what you're saying," the judge remarked. "But where there's a will, there's a way."

"Your Honor, obviously, we are here because there's an allegation by the Commission that this company hasn't complied with 13(a) of the Exchange Act," Mr. Stoecklein subsequently picked up his opening.

"Well, I don't want to press you, but didn't you admit in your answer that -- oh, you admitted in your answer that you haven't made the filings, but you did not admit that you violated the statute," Judge Murray interjected. "I remember that; right? And that's the line you're drawing?"

"That is correct, Your Honor," Mr. Stoecklein replied. "We are not denying that the reports have not been filed. We are trying to distinguish this company from other filers in a like position."

Mr. Stoecklein went on to tell the court that CMKM's Form 15 that had been filed on July 22, 2003, immediately suspended the company's reporting obligations.

"Now, from July 22 of 2003 to February 15th of 2005, our contention is that this filer was not required -- this issuer was not required to file those reports," Mr. Stoecklein said.

Judge Murray intervened with some questions, drawing from Mr. Stoecklein that CMKM was arguing that it did not have to file reports between the time it filed the inaccurate Form 15 in July of 2003 and when it discovered the error and filed an amended report on Feb. 15, 2005.

"Our belief is, irregardless (sic) of the accuracy of the statement in that filing, it was -- that filing was not denied and it was not revoked by the Commission," Mr. Stoecklein went on.

"I have to check on the case law," Judge Murray said to that suggestion. "But I believe the case law is if somebody files something that's wrong with the Commission, it's not the Commission's obligation to correct it. The Commission can't keep track that everything's accurate that anybody files with it.

"The case law is the parties are bound to file accurate reports with the Commission. The Commission -- it doesn't fall on the Commission to correct those inaccurate reports, but that's neither here nor there."

The judge pursued the suggestion that CMKM should have had 60 days to file its required reports from the time it filed its amended Form 15 on Feb. 15.

According to Mr. Stoecklein, April 17 would have marked the 60th day.

"So under your theory, you still haven't filed the reports," Judge Murray remarked.

"Well, under our theory -- under anybody's theory, you're correct, Your Honor," Mr. Stoecklein replied. "The reports are not filed. That's clear."

"So whether you didn't have to file them when -- because the Form 15 was wrong and said you had less than 300 shareholders, when you corrected it in April and said, whoops, we've got over 600 shareholders, the responsibility to file the reports came again, and you had 60 days to do it and you still can't do it," Judge Murray said. "Right?"

"That's correct, Your Honor," Mr. Stoecklein answered.

"Well, that's where I'm stuck," said the judge.

"Now -- well, let me explain, Your Honor," Mr. Stoecklein said. "Because we hear from the Commission, we hear from Your Honor, 60 days, short period of time, no problem.

"However, the day we get hired to handle this matter, we get a subpoena from the Commission asking for every document this company has ever filed, and, believe, there's lots of material out there.

"There's a lot of mining claims that we had to go back and pull up. So we get pretty busy handling this hearing.

"In the meantime, we have an accountant that's paid $1.5-million over a two-year period to process the accounting material for these people, for this client.

"We get 25 sheets of paper that is merely shareholders equity. We then find out the company on January 8th --"

"Wait a second," Judge Murray interjected. "You mean you spent $1.5-million and you didn't get what you paid for? You didn't get --"

"No, Your Honor, we didn't come close to what we paid for," Mr. Stoecklein said.

"I mean if you can't -- I mean -- that's not the SEC's problem if you wasted $1.5-million, is it?" the judge queried.

"I understand, Your Honor," Mr. Stoecklein acknowledged, moving on to another topic.

"We need this Court to understand that from the perspective of this company, as of today, they're 22 days late in their filing," Mr. Stoecklein said. "They're not three years late. It's 22 days."

Mr. Stoecklein went on to suggest that CMKM was not in a situation where it could not afford to have the work completed.

"They've put out $1.5-million over a two-year period to have an accountant do their work," Mr. Stoecklein said again. "They paid a law firm out of New York $250,000 to file reports.

"Just the other day, by the way, since I didn't get my Brady material from the Commission, which was in the other file we talked about in the conference -- in that file was a document that said that people were aware of this, this -- these -- some of these issues.

"There was $250,000 spent by the prior counsel to bring reports current. And you know what I get, Your Honor, when I asked for those files?

"I get a one-sheet letter that says, 'Dear Donald, we don't have any files.'"

"I'm sorry," said Judge Murray, perhaps in commiseration.

Mr. Stoecklein went on to sketch some more woes involving Neil Levine, an auditor hired by the company earlier this year and given a retainer of $100,000. CMKM had planned to have Mr. Levine as a witness, but he ended up as a witness for the SEC.

"What happens on Friday last week, the company gets a letter from Mr. Levine saying he's terminating his position as the auditor," Mr. Stoecklein continued. "And I assume he's going to send back the $29,000 out of the hundred that he received, because his billing shows he spent $70,000.

"Now, I don't know -- I don't know why this company has such bad luck.

"But what we're trying to establish today is there are accounting personnel, and one will testify today how much effort has been put in to getting this company cleaned up and getting it reporting.

"Mr. (Robert) Maheu will testify today as to what he's tried to accomplish in pursuing that goal, the team he's attempted to assemble. We believe that group is in place.

"An attorney will testify - Kristen Buck will testify today as to what she's accomplished in collecting all the matters required to prepare financial statements.

"And that's the goal here right now."

Mr. Stoecklein went on to point out that three years worth of information has to be assembled.

"So our point is, this process is moving forward, and it's just damned unfortunate that this company has hired some professionals that haven't supported it," Mr. Stoecklein said. "And we're on our way.

"I guess at this point, Your Honor, I've done my opening statement and I look forward to the testimony."

New crew

Judge Murray allowed Mr. Frizzell a few words, too.

"Just briefly, though, I would like to say this on behalf of the shareholders," Mr. Frizzell began, but was interrupted by the judge.

"Some of the shareholders, because some of the people in those letters made it specific that you were not representing them," Judge Murray said. "I'm sure you're probably representing some of them, but some of them made a specific point that they do not pay you the $25, or whatever it is, so that you are not their counsel."

"Some of the shareholders that are members of this group have wanted me to express to you that they appreciate you allowing them to have counsel for this hearing," Mr. Frizzell said, going on to indicate that he just wanted to offer a couple of remarks.

"Number one, Judge, there are records that were stipulated to in this evidence," Mr. Frizzell said. "There's 60,000 shareholders in this company. And what this Court does, of course, is going to affect those shareholders in that company.

"The SEC counsel has said there are 700 billion shares that have been issued by this company.

"I'm going to suggest to the Court that there are trillions of these shares that are in shareholders' hands."

Staying away from directly speaking about naked shorting, Mr. Frizzell went on to suggest that short sellers have benefited "by the millions it has in this stock at the expense of these shareholders."

"Are people buying stock in this company knowing that the company's under investigation, that it hasn't filed, it's in violation of the securities laws?" Judge Murray asked.

"Well, I think it's pretty clear that there's investigations going on, and if you're buying it now, they are buying it aware of that, yes, Your Honor," Mr. Frizzell replied. "But I'm just -- I'm saying there's some victims out here, too."

Mr. Frizzell said that he believes that the company's filing problems relate to short selling.

"And I'd just ask the Court to keep an open mind in that regard," Mr. Frizzell said.

"And, Judge, we have at the helm of this company now a new co-chairman of the board, Bob Maheu," Mr. Stoecklein continued. "He's going to be one of the witnesses who's going to testify for this company.

"I think the Court would be well to receive his testimony, and some problems that have gone on that have put this company in this position where it is today will be resolved.

"And on behalf of the shareholders, I look forward to the Court keeping the new people in charge now in mind when this Court renders a decision."

With that the opening statements were completed.

Stockwatch will pick up its coverage of the hearing with the first witness in a following article.

The saga continues.

Comments regarding this article may be sent to lwebb@stockwatch.com.
 
Posted by Ric on :
 
I can already see some twisted facts from what we were told about that was said at the hearing and what was actually said. Like the trillions of shares comment. It was put out like Frizzle stood up right after the SEC was talking about the 3 billion shares. When in fact it was in Frizzles opening statement and it was mentioned against the 700 billion o/s not the 3 billion shares issued in 2003 which was part of the Levine direct.

[ June 12, 2005, 03:41: Message edited by: Ric ]
 
Posted by legaleagle on :
 
If Lee Webb actually has a transcript of the proceedings, we can expect no more than his picking out specific items and twisting them. He has already proven his prejudice against CMKX in article after slanted article.
 
Posted by legaleagle on :
 
Part of this is already posted here but I'll add the rest of what Dr. D said about certs.

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


Talked with my doctor [D] today.
Thread Started on Jun 10, 2005, 2:35pm
Figured I'd share a little pm between Dr. D and I.
__________________________________

Hey Dr. D Hope all is well.

Quick question;

If CMKX gets revoked and UC rolls it into CIM, the electronic shares would not be rolled in right? Only the cert holders.

If that happens (and I don't think it will) what would the electronic shareholder be left with? Worthless shares?

Thanks. My struggle to decide whether to get 1/2 certs or not still keeps me awake at night. lol

f4d~

And the good doctors response below:
________________________________

Hi f4d~,

It would be the company's respoonsibility to cover only the authorized shares of the company and due to the discrepancy that is being reported in the securities area I would expect a certificate pull in order to exchange legitimate shares of CMKX for legitimate shares of the new company! It would be an option for the company to send "XXXX amount" of new shares to cover the legitimate CEDE & Co. inventory, to distribute or cover the legitimate electronic shares that are being held, but under the circumstances I would believe this would be highly unlikely. CEDE & Co. are more than likely the ones that are trillions short on CMKX and they could never legitimately cover all of the NSS positions so more than likely markers would be used just as most CMKX shareholders still have in their portfolios on the USCA, CIM, and GEMM dividends we received. Tradeable or not they can continue to be held electronically in portfolios as long as the broker/dealer permits it. The old NSS position could simply be converted to a new NSS position in the new company not listed or registered with the SEC, such as CIM! JMHO of course. But, I don't think the NSS position will be left worthless and I will try to go into more detail below.

1st of all, I do agree with your statement that I don't believe a revocation is going to take place. I believe as most all of us do, that if the company will release the filings and do so in the specified time frame then we will do well and move forward, if not we will more tan likely be revoked yet we will still move forward, but probably not as CMKX.

If the scenario of a revocation unfolds, and if the company rolls over into another company, the odds are 95% IMO that they will exchange new company (say CIM) certificates for old company (CMKX) certificates and those in the electronic form would have to pull their certificates to do this.

Of course the problem arises when the certificates run out and the broker/dealers are denied certificates from the DTCC. When this happens the brokers will have to make a determination on what they are going to do. I have personally spoke to the Nevada SOS, 1st Global Transfer, a few Securities Attornies, Pacific Stock Transfer, and a few other transfer agents for an answer to the question, if a Transfer Agent can be forced to issue more certificated shares than the company has authorized by the DTCC or any other market or regulating authority or organization and the answer across the board was absolutely not. It would violate Nevada Securities Laws and the SEC laws that govern the operations of a Transfer Agent and their responsibilities. With that in mind, I will continue.

IMHO the client that requested certificates will receive a few delay technical messages and then one that will probably state that the broker/dealer apologizes for any delays, but the broker is short on the security and is waiting for more certificates to be made available.

Then the client/shareholder would have to follow the guidelines they have previously agreed to with their particular broker/dealer (i.e. Ameritrade, E-Trade, etc...). Most have a clause when you sign on that should outline the options available and the procedures to follow.

I believe several things would probably happen immediately upon revocation:

(1) I believe some of the broker/dealers will simply begin deleting the electronic shares out of the accounts of the clients. It will appear in the clients portfolio's transaction log probably along with an annotation that this security has been revoked from trading by the SEC, etc... The success for the broker/dealer is realized if and when the client doesn't protest the action, because then it will probably go unnoticed and unchallenged.

(2) Many will be required to pull their certificates at an increased fee base that would more than likely cost more than the shares would be worth at the time. Too, those that decide to do this would have a long series of delays over many months IMHO.

(3) Some broker/dealers will simply begin calling their clients and informing them that they are going to delete these shares out as they have been deregistered by the SEC and no longer have any market value.

(4) Others may convince the client shareholder that they can continue to hold their shares in electronic form and when the transfer to the new company is complete, they will simply convert their CMKX electronic shares for the new company (Say CIM) shares, thus establishing marker shares and simply transferring the NSS position electronically.

(5) Too, I believe that the Owners Group is already proven a substantial "counterfeit/NSS position" and this will give leverage to all shareholders to possibly see a similar demand as one might observe in a short squeeze finally be instituted on the "new company" (if it is market ready and available for trading) when the broker/dealers begin trying to resolve their client accounts in the face of the Owners Group leverage and progressive exposure and desire for a full resolution to the NSS problem.

Sorry for taking so long Mike, but you know how I am. LOL! Feel free to share any of my comments to anyone you may desire. As you know, these are just my opinions and I ask that everyone treat them as such.

I hope this somewhat answers your question? If not let me know and I will see if I can do better.

Be well friend.

Dr.D


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Thanks f4d for sharing the info and posting the comments.

Just a little addition to the IM I sent f4d -

I really don't see the doom and gloom that so many are fearing and dreading. I would suggest that those IMing me about their fears of disaster wth CMKX take a closer look at
(A) Other companies that have had substantial assets and been revoked - Many continued to trade and most rolled the company over into another company
(B) Do more DD and reafirm to yourself that CMKX does have the assets that it has been reporting - Many shareholders have already done this for you, but you need to research their findings for yourself to reinforce your stand
(C) Look at the options that CMKX has overall as a company, whether it is reporting or non-reporting

IMHO many things are being brought to the table by the Hearing, the Owners Group Counterfeiting of CMKX Shares Evidence. the shareholders participation, and the need for the broker/dealers to cover their rears whether the DTCC. NSCC or the MM's do or not.

In addition to my IM to f4d I would include the comments below:

Due to the efforts of the Owners Group and CMKX shareholders to prove the NSS position we could see a move towards the current certificate holders to begin selling their certificates to broker/dealers at a price that is acceptable to both parties.

Once a broker/dealer receives certificates he will then have to use them to secure current electronic shares in his possession. The more shareholders request certificates the more the broker/dealers are going to have to offer the shareholder holding them in order to acquire them. This scenario would/or could continue until every broker/dealer has covered his naked short position.

We also see some companies that have been revoked still trading months after being revoked. We are not sure why, but we know that some are. I remember seeing a post the other day confirm this very fact.

The effort of the Owners Group to prove the NSS position may be the straw that breaks the camels back for the broker/dealers and if we dont get revoked I would expect the pressure being applied by the Owners Group will be sufficient enough to begin seeing some kind of a cover taking place relatively soon.

Annette Nazareth seemed to think that supply and demand in the covering of a naked short position doesnt mean the price will go up. She never explained herself, only saying that many shareholders that are screaming naked short shares are weighing the company down are only upset because the share price isnt going up.

Supply and demand in my opinion should absolutely drive the price up/down or the market is a joke and only a puppet in the hands of the market making system from the SEC on down.

With the success of the Owners Group in proving the heavy counterfeiting/NSS position on CMKX, it will show that the demand has far surpassed the supply and to keep the price down they (the conspiring market making system) have manipulated and counterfeited shares of CMKX.

The unveiling of the counterfeiting conspiracy should more than likely be enough motivation for the counterfeited shares to be removed from the market and replaced with legitimate shares of the company. Thus, an increase of demand will necessitate an increase in price (PPS) to encourage the supply lines to begin flowing from the longs holding the certificates or those holding the long electronic positions.

I wont go through the whole scenario as most should know it by now and the developments seem to be pointing in that direction whether we are revoked or not.

My hat is off to Mr. Frizzell, Mr. Martin, the company for supporting, all of the shareholders that have participated in the Owners Group, and the Fax in campaign for the company. I believe this has helped make a difference in the expectations and probable results ahead for all shareholders of CMKX and other NSS companies alike.

I still believe "Success is at hand" and in many differing forms.

These are just my opinions and I ask that you treat them as such.

Dr.D 8-) ;D

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Some are wondering how to get your certs back into the market.

The first thing to consider is that many of our broker/dealers have already decided that if you pull your certificates out on CMKX then they (your broker/dealer) is communicating that they will not receive them back.

With that said, I feel it should also be brought into consideration that broker/dealers use tactics like these to try and discourage investors from pulling certificates, especially if it is a security they are short on. Usually they will attach a significant fee to the processing of the certificates, both in being pulled and being sent back in to the broker/dealer.

I would check with the broker/dealer to see if they will receive the certificates back at a later date. We already know they will receive certificates, the question is will they receive CMKM Diamonds certificates? If their answer is no then you deserve to receive an explanation because that is not normal company policy. If they say yes, then check on the fees that will be involved with your broker/dealer.

Regardless of the answer you get, it would still be beneficial to check with a few other brokers and see how they would treat your CMKM Diamond certificates and what the fees would be.

I would definitely consider calling several full service brokers in your area (within 100 miles of home) and find out how expeditious their services are and the range of their fees as well, simply because they can probably get your certificates back into the market quicker than anyone else can. Be careful, because their fees often are based upon the number of shares being processed and with CMKX that can be very large. Dont simply write a full service broker/dealer off because of their policy, as they can make exceptions to the rules and process your certificates with special procedures and keep the fees very low.

Just my opinions and I ask that everyone treat them as such.

Dr.D 8-)

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Jun 10, 2005, 2:41pm, kidscollegefund wrote:
What happens if the Certs you hold are counterfeit themselves as stated in question in Frizzells letter to TD Waterhouse and Schwab? Are you pretty much on you own? [image]

I do NOT believe that electronic shareholders will be left behind as so many are saying. [image]


Call the "transfer agent" at 1st Global and find out if your certificate numbers are authentic.

1st Global phone number is 702-656-4919. You can usually reach them between 7:30 to 3:30 Pacific Time which would be 10:30 to 6:30 EST. You will probably be transferred to Jeff Mitchell that most of the time is very helpful and informative, but at times can be a little unfriendly, so be nice to assist in getting the information you desire.

If your certificate is not real, then begin by telling the Transfer Agent that you received a "counterfeit certificate on CMKM Diamonds from your broker". They will more than likely take action immediately. If the certificate is completely verified by the T/A as being "fake" be sure and get names and any documentation from the T/A to verify your claims then contact the Company, the Owners Group, the SEC, the Secret Service, oh, and I would NOT bother to give the broker a call back, let the expert enforcement divisions do that.

If your broker/dealer/DTCC has issued you a "counterfeit certificate" they are still liable to honor it, just as they are an electronic share, naked or not. The company will not recognize the certificate, but the broker/dealer/DTCC will.

What ever you do, do not send the official "counterfeit certificate" off to anyone. If an enforcement agency must have it, then make them physically sign for the original copy "before you release it" and also retain a copy of it for your own records.

Personally I have never seen a "counterfeit certificate" on a U.S. security nor a copy of one as that is treated the same as counterfeiting U.S. currency.
NOTE: That is only in paper form of course, because the SEC has already proven to us that it is okay to "counterfeit U.S. securities electronically". [image]

These are just my opinions. I hope this helps.

Dr.D 8-) ;D
 
Posted by Dustoff101 on :
 
Wallace how ya doing dude...Heh, are ya ever gonna wind this thing up and join the fun on the off topic thread...I sure would like to see ya working other stocks again...Your conciderable talents would sure be helpful to many.....Thanks, ya old Tin man.
 
Posted by bill1352 on :
 
not sure how it works when a company is revoked but its probably about the same was when a company goes bankrupt & cancels all the o/s & then issues a new stock. the canceled shares sit in your account till dooms day or until you sign a form to remove them. i had this happen with williams communitcations. they sat in my account for 2 yrs till i got the form signed it and snail mailed it back. a faxed copy was not good enough they needed a hard copy.. i believe if cmkx is revoked the same applies. it has to do with laws about they cant touch your account & tax laws.
 
Posted by Ric on :
 
They can not roll shares into anything. If they do they roll the revoked status too. All they could do is sell the assets to another company. Shares are can not be transferred though. If that was true then there would never be a reason to revoke a stock if all they had to do is roll the shares into another stock.
 
Posted by legaleagle on :
 
noahltl

Super Administrator


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




Posts: 1110
Registered: 22-10-2004
Member Is Online


posted on 12-6-2005 at 04:45 PM

WHAT'S GOING ON?


WHAT'S GOING ON?


A lot of my Christian Traders friends have been asking me what I think is happening with CMKX. Here is what I believe is going on right now. It is only that, my opinion. It is not meant as fact, insider knowledge, or anything other than that.

I think CMKX has been naked shorted into the trillions. "Shorty" (be it market maker, hedge fund or offshore interests, or a combination) thought that he could drive CMKX out of business and never have to settle their short position as they forced CMKX into bankruptcy. It didn't happen because we have the goods; and we have an unrelenting shareholder base, who believes in the company and investigates every avenue involved.

That whole story has been speculated, investigated, and theorized ad infinitum, so I won't detail it here. But we have finally arrived at an impasse that needs to be broken. The "breaking" began when CMKX forced a reluctant SEC to act with the Form 15a. Why was the SEC reluctant to deal with the CMKX mess? Because they knew it was naked shorted beyond imagination and that settlement was going to be, at best, crippling to the market. And they knew that there was going to be egg on their face, as well as on the DTCC and the "system" as a whole. How do we know that the SEC was aware of the naked short and the impact? Because they have just told us that they knew, in announcing that they were in possession of information and data that is part of an ongoing "law enfocement", active investigation. And information they are withholding is apparently too sensitive for shareholders or their attorney to view. That alone tell us that the "known" is far more sensitive than a "failure to file". So, how do we know that the information isn't about an ongoing criminal investigation of Urban and the company? Because the investigative agency wouldn't have permitted the SEC to open a "can of worms" with the hearing. The investigation would have gone on quietly until presented to a Federal Grand Jury, to consider indictments. IMO the "law enforcement" is the culmination of the Department of Justice "sting" investigation that has been "rumored" for months to have been going after the naked shorting culprits with CMKX as the vehicle of the "sting".

I believe that now the DOJ is "on their own" to pursue the criminal aspects of this investigation, and we are on our own to pursue the civil remedies for what was done to the company. This is the reason that we have seen Maheu on the outside of this company since at least 2003 when his right hand man, Kevin T Ryan bought Crystalix and began working with Woodward and Dhonau. Crystalix is the company that Urban has been loaing money to. Now Maheu has been brought in officially to handle the "dirty work" of getting this mess settled. And he is "hot" after them.

The officials at the SEC and the DTCC have been aware of the problems for some time, but have failed month after month to take any action. That is why the Form 15 was filed, to force the SEC to finally act.

Now with the SEC actively involved and being forced to take additional action, the DTCC and the Market Makers have finally come to the bargaining table, and I believe, that a settlement agreement has already been reached, or is very near completion. They have to, or face the wrath of the public and the enforcement actions of the SEC, when Bill Frizzell files our responses and proofs on the NS next week. It would be better to "buy us off" than to have to go through that. It would be an embarassment to the Administration, the SEC, the DTCC and hopefully more than an embarassment to the perpetrators.

If we accept a settlement that "makes CMKX go away", is that the end? No the criminal prosections are still coming.

How much will we get and when? Both unknowns and I won't even speculate. But it would sure make sense to get things done before either Frizzell proves the NS, or the company reports share structure and valuation. Those are the two big things that could be killers to "shorty" and the MM's / DTCC and bring this thing to a glaring public light. They don't want that. But won't the criminal prosecutions shine the light on this thing? Yes, some light, but criminal prosecutions can be "directed", whereas media publicity tends to be exteme and not as "contorollable" as a criminal prosecution. When the media works properly, the sky is the limit on questions of fault. Criminal investigations can be "surgical" in scope and zero in on one or two particularly "dirty" perps.

As far as an amount of settlement, I think it would have to be "punitive". Shareholders who have been in this thing for awhile, and know the huge potential of CMKX, will not settle for the simple return of their investment and commission fees, as compensation. Nor should they.

Why are the brokerages getting so "testy" with shareholders. I think they are complicit, and know the end is near and time to "ante" up.. "Markers" didn't get into our accounts without the knowledge of the brokers. They knew there was a naked short, by at least the time the divies were divided up and there weren't enough to go around. They have been making up stories and excuses ever since, misleading their shareholders, and even recently eliminating the "free trading" of the stock. However, brokers who have heavily invested in the Market Makers, (like Ameritrade and Knight) have other reasons to be complicit, at least in the "cover up". They are going to lose money and lose "big time".

What about pulling certs? That is the big question on all of the boards right now. I personally took over half of my CMKX in certs and left the other half in electronic, in order to have security and peace of mind that whichever way this thing goes, I will be ready. And for the same reason, I have also taken all of my restricted divies in cert form. Many have posted their reasons for why it makes sense to pull certs or not. I think the most comprehensive posting on this matter was put out by Dr D this weekend, and we can all learn a great deal from his investing wisdom.

What does concern me, is that some are using the divy issue to divide us, just like they did the Owners' Group issue. There is no need for division, it is as simple as each person weighing the good and the bad, the possible and the probable, and making your own decision on what makes sense to you.

In summary, I think the company has reached a settlement agreement with at least the majority of the MM's and the DTCC, if not all. I think we are seeing the results of this in the confusion within the brokerages. I believe we will we be seeing more "results" of this as we near the deadlines for filing our responses with the hearing judge. So to my friends, I say, "Think this thing through before you act." Understand what is happening when it does happen. Don't make rash decisions. Pray. Seek counsel from those you have come to trust over the months or years. Know your "stewardship" responsibilities. "Now is the time" How do I know? My wife was asking that this morning and I explained: When you are standing on the edge of a lake, and see ripples coming ashore. You may have not seen the source, but you know for a fact that something has applied pressure to the surface.

God Bless

Jim


"There is an appointed time for everything, and a time for every affair under the heavens" Ecc 3,1
 
Posted by bill1352 on :
 
a little problem with the trillions theory. lets say there are 56,000 shareholders. & the o/s with the NS equals 2 trillion shares. the average would be 35.7 million shares. right now the OG has 5460 ppl in it with an average of 54 million. to get to a final average of 35.7 million the average now for the OG would need to be over 100 million. lets say 20,000 ppl own 10 million shares each or 200 million total shares your average drops to 19.6 million per shareholder. your already 16 million below the needed average. you got to know that most own 5 million or less. even if all 51,000 missing shareholders owned 10 million on average you still only just go over the a/s of cmkx. as of right now the missing 51,000 shareholders would need to average over 25 million shares each to get to 2 trillion shares.
 
Posted by bill1352 on :
 
new info...CMKX is in default as of 5.01.2005...sounds like they didn't pay the state fees to stay registered in nevada. ya think maybe they figured why waste the money???


https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?CorpID=446994
 
Posted by Ric on :
 
This is the funniest part of the post IMO.

"I think the most comprehensive posting on this matter was put out by Dr D this weekend, and we can all learn a great deal from his investing wisdom. "

I just wonder how long after this thing has been revoked will this continue. And by that time will people like Dr. D, Willy, Sterling, and others be able to escape the rage when reality sets in. I can here the settlement theory still being said next year.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by bill1352:
well i'll be...is this auditor telling us you can audit a company & then file a 10K without including NSS & its legal? you mean all that is required is what the company issued??? was he trying to tell us that every audit is done this way & its passes thae Sarbanes-Oxley act? dont tell the folks at willy willies that, they would hire a hitman to get ya. i do think stockwatch has it wrong...it didn' suprize the cult, in fact i'm sure there are a few vodoo dolls out there of levine with pins in them right now.

bill,

The above is precisely what I said some time back about accounting for outstanding stock of any company and the faithful refused to consider it as fact. That included, legal, who claimed to have some kind of accounting background. Sure do not know where he got his accounting experience or lessons. That happens to be very basic accounting procedure.
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
new info...CMKX is in default as of 5.01.2005...sounds like they didn't pay the state fees to stay registered in nevada. ya think maybe they figured why waste the money???


https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?CorpID=446994

Failure to file their list of officers. No biggie.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by Dustoff101:
Wallace how ya doing dude...Heh, are ya ever gonna wind this thing up and join the fun on the off topic thread...I sure would like to see ya working other stocks again...Your conciderable talents would sure be helpful to many.....Thanks, ya old Tin man.

Dusty,

Not working too many new stocks lately. Busy with Genealogical cousins on my family name where there are a few questions still open. Been doing it since the mid-60's.

I did buy BWDI @ .0067 some time back and it's around 012 now. It is a company with earnings. Usually avoid recommending companies because, as I have said before, if someone loses $$$$s I feel badly for them if the bought because I did....and I experience considerable anguish brushing something like that aside even if I did tell them to research and do lots of DD.
 
Posted by Wallace#1 on :
 
legal,

I read your "Super Administrator" posting. It is a sorry state of mind when someone with your talents becomes so wrapped up with distorted convictions that they guide your decisions and opinions. I am truly beginning to feel sorry for you. Alas, I sincerely hope you and other faithful CMKX members do nothing drastic when CMKX is gone. Just let the money go and continue on elsewhere....AND LEARN FROM THE EXPERIENCE.
 
Posted by Ric on :
 
This is one of the few stocks were if you make up some wild off the wall theories that claim will make you rich quick you become an instant god. You will get followers drooling at your feet calling you a stock expert and all you had to do is basically lie. Make up a story with no facts or foundation and pass it off as a probability. I bet that a psych major could write a thesis off this cult.
 
Posted by Wallace#1 on :
 
"I bet that a psych major could write a thesis off this cult."

Ric, I believe you are right!
 
Posted by legaleagle on :
 
TEXT VERSION OF THE FOIA APPEAL:

Brenda Fuller
U.S. Securities & Exchange Commission
FOIA Office, Stop 0-5
6432 General Green Way
Alexandria, VA. 22312-2413

General Counsel
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549-0207

Re: FOIA Request by Attorney for represented shareholders of CMKM Diamonds, Inc.
Request No. 05-05834-FOIA


FREEDOM OF INFORMATION ACT APPEAL

Dear Brenda and General Counsel:

Please consider this as a formal appeal of Brenda Fuller's ruling on June 3, 2005 denying the release of information made by me under Request No. 05-05834-FOIA pursuant to 5 U.S.C. 552 (a) (6), 17 C.F.R. Sec. 200.80 (d)(5) and (6).


Facts

Appellant is an attorney representing a group of approximately 5,400 shareholders of CMKM Diamonds, Inc. (hereinafter CMKX). Appellant has been formally retained by 5,400 CMKX shareholders but the information requested is equally important to all 50,000 plus shareholders of this company.

Background

CMKM Diamonds, Inc. is a mining and exploration company that has traded on the pink sheets for several years. Due to press releases and other forms of promotion, this stock became the largest selling stock issue in numbers of shares in the history of the stock market. The shareholder base is so large no one has been able to determine the extent of it with any degree of certainty. Some projections are as low as 30,000. Some projections go as high as 70,000. This attorney's group of shareholders has undertaken the task of contacting CMKX shareholders to confirm and verify both the numbers of shareholders and their respective holdings. The information I am requesting under this FOIA request would be helpful to the shareholders in some of their efforts.

This large shareholder base has invested millions of dollars in this company's stock. The company claims to have significant value in its mineral deposits, mineral claims and joint venture projects with third parties. In 2004 sales in this stock averaged over four billion shares a day. On December 14, 2004, 41,635,715,982 shares were traded and reported through normal channels. This number did not include the trades that occurred during that time as unreported trades. My shareholders have learned that in addition to the outrageously high volume of trading, 121 billion shares were traded during a six month period in 2004 on an "ex-clearing" basis and thus were not revealed to the investing public. See "Exhibit A".

This company was once a reporting company but chose to go "non-reporting" in 2003 by the filing of a Form 15 with the SEC. Although required to do so, the SEC did not conduct an investigation or convene a hearing to determine the propriety of such filing. The investing public soon after this company went to non filing status became enamored with the stock as reports of diamonds and gold findings were released and speculative value of the one million acres of mineral claims became a topic of the internet. The one million acres surrounded proven diamond producing claims of the largest producer of diamonds in the world. Although the company was a "non-reporting" company, a prominent and respected ex-SEC enforcement attorney was hired in June of 2004. The sole purpose of his hiring according to a press release was to assure the investing public that public filing of the company's financial reports would soon occur.

In March of 2005, the SEC filed a 12(j) proceeding to revoke the registration of CMKX for the company's failure to file required financial reports. Financial reports have not been filed for 2002, 2003 and 2004. For some reason the SEC began an investigation of CMKX in 2004 (and probably before that time). We know the SEC began investigating the trading of CMKX because the shareholders learned of some "unusual" trading strategies that were being used by certain members of the NASD in 2004. The trades which had occurred "ex-clearing" were discovered when a letter was sent by Jefferies' deputy general counsel to the NASD explaining these trades. This letter was generated as a result of inquiries by the SEC to the NASD. (See Exhibit "A") Shareholders learned of this letter at the deregistration hearing being conducted by the SEC on May 10, 2005.

On May 11, 2005, a meeting was held at the SEC office in Los Angeles between myself, the company attorney and various CMKX Board members with three SEC enforcement attorneys in attendance. The purpose of the meeting was to discuss the company's belief that billions of shares of CMKX were shorted and open "fails to deliver" in this stock were rampant throughout the market place. Evidence compiled by the shareholders suggests there have been over a trillion shares of CMKX stock sold to the investing public. During this meeting I was asked by one of the SEC attorneys if I had any proof of our allegations. As we discussed the proof we had accumulated, I was also asked if I had made a request under the FOIA for the DTC's "fail to deliver" list which is purportedly given to the SEC on a daily basis as required by Regulation SHO. I confessed that I had not made such request.

The meeting I am referencing concluded with the SEC attorneys giving me an assurance that enforcement action would be taken if we could prove that naked shorting existed in CMKX stock. I can only assume this was a representation by the SEC's enforcement attorneys that they were not doing an investigation into abusive shorting of CMKX stock. This appeal is for the SEC's refusal to provide the information which I now have formally requested under the FOIA.

Authorities

Brenda Fuller (Branch Chief) has informed me by letter that my request for information is being denied under 5 U.S.C. 552 (b) (7) (A). It is the SEC's stated position that I am requesting records which were "compiled for law enforcement purposes, the release of which could reasonably be expected to interfere with enforcement activities".

The Freedom Of Information Act was created to promote the release of records and materials in the possession of federal agencies to any member of the general public unless the requested material falls within one of nine exemptions. However, if the government invokes one of the nine exemptions, the burden is on the government to justify nondisclosure. 5 U.S.C.S. 552 (a) (4) (B) The government must overcome two legal hurdles to satisfy its burden for justifying nondisclosure under exemption 7 (A) of the FOIA. First, the government must prove the existence of a concrete prospective law enforcement proceeding for which records were compiled. Second, the government must prove that the disclosure of the requested information would interfere with enforcement proceedings. To prove interference the agency must be specific as to what information is being withheld and the distinct harm that could result from its disclosure. The agency may not be conclusory or vague. Scheer v. United States Department of Justice F.Supp.2d 9; 1999 U.S.Dist. LEXIS 953. City of Chicago v. United States Department of Treasury, Bureau of Alcohol, Tobacco and Firearms 287 F.3d 628; 2002 U.S. App. LEXIS 7537

In the Scheer case, the Department of Justice conducted an internal investigation into misbehavior by a prosecutor following a trial. After the investigation was complete the opposing attorney that was victimized filed a request for the file and the Department of Justice refused to release the file. The Washington D.C. District Court ordered the release of the information and clearly discussed the two prong test I have referenced above.

In the City of case, the city was requesting information about gun sales that were routinely filed with the ATF. The City of Chicago had filed suit against certain firearms manufacturers. The Seventh Circuit Court ruled the City was entitled to the records. The ATF gave numerous examples of how these records were used in possible law enforcement actions. The Court was not persuaded that such request should exempt the ATF from disclosing this information. The Court ruled that the ATF could not point out a single concrete law enforcement proceeding that could be endangered by the release of the requested information. Like the materials requested here, what law enforcement proceeding could be endangered by the shareholder's receipt of these requested materials?

What Materials Have We Requested?

The request made by me on behalf of CMKX shareholders seeks information from you in three categories:

Category 1 and 2 We are seeking records that are provided to the SEC from the NSCC on a regular basis pursuant to Regulation SHO. Clearly these records are not compiled for any concrete prospective law enforcement proceeding. Even if such records were deemed to be procured for some law enforcement proceeding, the disclosure of these records would not interfere with any enforcement proceeding. The agency makes no assertion in its response as to what, if any, investigation is ongoing. The agency does not specify which information is being withheld and makes no showing of any distinct harm that could result from these daily reporting records. SEC enforcement attorneys implied to me in the presence of others there was no ongoing investigation into "fails to deliver" of CMKX stock. Thus we are clearly entitled to the information requested.

Category 3 We are seeking copies of inquiries that are routinely sent out by the SEC to NASD and its members. We are also seeking copies of all responses to these inquiries. Brokers/Dealers routinely respond to these requests for information. The requests are so common they have acquired the name of "Blue Sheet" requests. My shareholders learned that in deed some brokers violated trading rules and chose to trade in a fashion that escapes normal scrutiny and reporting. Since there has been no public action taken against any parties, we are left to assume there will be no enforcement action in spite of such activity. To refuse this request, the SEC must show that these records were deemed to have been procured for some concrete prospective law enforcement proceeding. These acts occurred over a year ago and were known to the SEC and the NASD at that time. The government must now state that this information was compiled for concrete prospective law enforcement proceeding. The SEC cannot simply respond that such records were for law enforcement purposes. Even if the SEC makes the assertion that such records were so compiled, the agency must show that disclosing this information at this time would interfere with enforcement proceedings at the time of this request and make a showing of the harm that might come from such disclosure. "Exhibit A" is self explanatory. The SEC has contended that although the Jefferies letter suggests an "unusual trading technique" there were no acts that lend themselves to enforcement actions. There have been no actions reported publicly against any trading firms. There is no evidence known to the company of any enforcement action being taken against any firms. Thus, the records we are requesting are clearly subject to disclosure.

Argument

The fox that guards the hen house often finds himself mired in conflict. The SEC enacted Regulation SHO to combat naked short selling and to bring public awareness to short sellers that fail to follow the mandatory close out rules. The DTCC was directed to report daily fails to deliver positions over the threshold limit to the SEC. For some bizarre purpose, the regulation as enacted publishes the names of companies that have been shorted but secrecy remains as to who the guilty financial institutions are that refuse to follow the law. This is akin to publishing the names of the rape victims, but protecting the names of the rapists.

The SEC has a new person at the helm and I watched as our President introduced him on television a few days ago. I heard the news anchors discussing the struggle between corporate rights and shareholder's rights and how Mr. Cox will try to reconcile the two. Our President has undertaken a battle to convince the public that it will be a benefit to have part of our social security funds placed in the hands of the investing public. Should we do this if we do not allow our investors to know what goes on in the market or within the DTCC and other clearing firms. Our President would be very concerned if he saw the thousands of monthly brokerage summaries that have been sent to my office which evidence serious investment in IRA and other retirement accounts. He would be most concerned if he knew the SEC was doing all it could to keep vital information from the investing public.

I would like to invoke an equitable argument here. The SEC has a mission statement of protecting the investor. In this case, this company has been allowed to draw in millions of dollars of investment without the supervision or scrutiny of the agency we all depend on to provide such scrutiny. This occurred partly because there was never any action by the SEC to question the inappropriately filed Form 15. Such was the duty of the SEC. The SEC now demands Sarbanes-Oxley compliance in all of its required reports. Sarbanes-Oxley speaks of transparency. Politicians demand openness so that the Enron and World Com fiascos will be lessons learned. Do we try to find reasons to deny these shareholders information that may help them see what went on in the market place with their stock? Or do we follow the law and open those files which seems to be so well guarded by the proverbial fox.

Payment Enclosed

I have enclosed the fee of $56.00 as you have requested in your letter. I must say I was initially disgusted that I would be asked to pay for the privilege of obtaining a rejection from you for my request. After reflection I gladly enclose the fee because your letter states that you have in fact found materials responsive to my request.

You have also stated that you have not determined if any other exemptions apply since you believed Exemption 7(A) would protect you from disclosure. You went further to state that you reserved the right to assert other exemptions if Exemption 7(A) no longer applied.

Could I ask you kindly to assert at this time any and all exemptions which you plan to assert to this request? This matter is of critical importance to thousands of innocent investors who are searching for some answers to questions they have about their stock. You certainly have the right to assert one exemption and then assert another if your decision is in error but that would not seem to be consistent with the mandates of the law regarding transparency and openness in government. Your help would be greatly appreciated by thousands of citizens wanting to review the information you possess.

Sincerely,
Bill Frizzell
Attorney for the CMKX Owners Group

Cc: John Martin
Don Stoecklein
Leslie Hakala
Chairman Chris Cox
 
Posted by bill1352 on :
 
wallace i dont think anyone except legal on this board ever thought filing without including any NS was illegal. maybe joeturbo. the idea that filing without any NS shares included would be illegal is so foolish it hurts my head to think of. if you dont include illegal shares your filing is illegal.
 
Posted by Ric on :
 
What strikes me odd about the evil SEC trying to cover up a huge conspiracy theory, is has it happened before. Where in the past has the SEC gone after a company in spite. Since when has the SEC ever revoked a company that really didn't break the rules. True some got over turned but the company is the one that corrected the problem so it could be over turned. As stated in the SEC response to the hearing. If CMKX is revoked and comes clean and files its documents then they can either appeal the ruling or refile the registration. No big deal if the company does what it suppose to. Where is the evidence that the SEC attacks a poor little pink sheet for no reason or cover up. IT HAS NEVER HAPPENED. Geeze people you are graspng at straws here.
 
Posted by bill1352 on :
 
lets see a huge naked short on a .00005 pink sheet company with a 703 billion o/s & no proven value will hurt the market as a whole more then Enron, Worldcom, Tyco, Adelphia & a few other companies that lied & cheated shareholders. all of which the SEC chased down & took to court. with a 703 billion o/s & a huge diamond find CMKX might be worth .0002 per share or $400 million if & thats a big if there are 2 trillion shares & they all need to be bought out. unless the company files this week & thats 10 missing reports plus all the needed 8K's & insider ownership reports its over. to get .0002 per share cmkx would have to prove it had a very large value, at least a couple billion. nothing says they have any value just unexplored claims. but dr. d thinks the SEC is more scared of CMKX & its naked short & the damage it would do then it was of exposing 4 very large companies in a little over 1 yrs time. that guy is going to hurt himself when reality sinks in.
 
Posted by ed19363 on :
 
Opinions are like a-holes, everybody's got one and some stink more than others. To the Koolaid drinkers, I'm tired of your baseless opinions. I say this: Prove it or shut up.
 
Posted by legaleagle on :
 
Oh, OK, ed. Guess I'd better "shut up" then if you say so. LOL
 
Posted by bill1352 on :
 
now ed what would we have to pick apart if legal didn't bring the cults posted over here? dr d did stop by once, he lasted about 1 hr. without the cult there wouldn't even be the entertainment value....cmkx would be completely void of any value....lol
 
Posted by ed19363 on :
 
Guess you have a point on the entertainment. I had a bad weekend. I'll shut up and wait for the judge to make the decision.
My apologies.
I just wish this stock would go away somehow.
 
Posted by xyz on :
 
Legal has slowed down on his comical relief lately. He must be getting wore out from having to pump this company so hard to try and cover up the fact it is a scam. Come on you need to push it harder. Only one more month anyway.
 
Posted by legaleagle on :
 
Sorry xyz. Nothing "funny" going on at the moment, but still much happening elsewhere. I just don't have time to get it all here.
 
Posted by bill1352 on :
 
its ok ed & legal...i went and joined a pro cmkx board just for the fun of it. not real welcome there but who cares...lol everyone knew i was from allstocks by the way. 1 guy did say i attempted to see the cults veiwpoint not sure what he was talking about as i see no value & no hope. i do try to respect the fact that its a cult board & i have not used the word scam over there...lol....yet. but i do lay the complete blame right where it belongs...on UC's doorstep. ns'ed or not the main problem is UC & his failure to be honest & aboveboard with the shareholders. he let every hope & dream of the cult down. CIM is no help because it already has over 20 billion in the o/s.
 
Posted by stockster5 on :
 
Hi bill1352 ..like your sig..Goalie myself.
But way back at the beginning of this thread I saw Scottrade listed as a holding broker?.. I belong to Scottrade and they repeatedly stated they didn't trade on cmkx listed board thus I haven't invested in cmkx.... kinda ironic now. So, I'm not sure of that list.
I may be wrong, but I believe that cmkx is tied in with SGGM. If so, SGGM went to almost a dollar for three weeks in mid 04. Wish I had that stock...it's trading .011 today. This is not a PUMP, I'm a small penny trader and throwing my two cents in (pun intended) First post here and trying to read everything to get up to speed.
GLTA S5
 
Posted by legaleagle on :
 
CMKX is definitely tied to SGGM
 
Posted by Esteban on :
 
I have a very serious stock market question for any and all: With the number of shareholders being so high, with an obvious scam like it is, and surely a few of the stock holders live within driving distance from Las Vegas, how is it that UC is still walking around alive?
Esteban
 
Posted by bill1352 on :
 
howdy stockster & welcome. SGGM did climb to .75 right after they bought part of CMKX's claims for $10 million & 200 billion shares...not a typo that is billion...lol. UC (CMKX's CEO) has all those shares too. the cmkx cult has driven every company that gets involved with cmkx up for a bit then they crash, like GEMM & USCA.
 
Posted by bill1352 on :
 
lmao esteban....i have wondered the same thing. if the whole story ever does get out i wouldn't want to be in his shoes.
 
Posted by bill1352 on :
 
USCA only has 4 mm's listed on the L2's...the last DOMS has its ask at $100,000.00...lol. doesn't look like the mm's want to buy any shares either, .06 gap.
 
Posted by stockster5 on :
 
I'm not pro or con for cmkx, but it's not always the company that is the scammer, outside people or groups can trade in counterfeit or phantom shares I think. But billions 'traded' in one day is a big red flag, and if the company actually issues multi billions at one time that also could be a red flag for investors. Or should be. Another possible sign my be incorporation in states (Nevada..others) that have no sec regulations in place. I always look for multiple reverse splits followed by name or incorporation changes in short amount of time with a penny or sub penny company. This suggest to me officers of company trying to cover their tracks. Here is a link that some people may find interesting. ...

http://www.geocities.com/p2saup33/index.html

S5
 
Posted by stockster5 on :
 
thanks bill... some time I just have to tell the story how I got cmkx tip. Pretty hilarious.
Yup, checking out my dd, SGGM is a player. But I think SGGM, GEMM and USCA may be small legitimate company's with cmkx a bridge financing company. (money laundering company?)
Also, I don't believe SEC has any real power of enforcing the regulations or fining anybody directly, please correct me if I'm wrong as well.
Like the BBB (better business bureau) is actually paid by the very companies its supposed to protect us from. The BBB is one of the biggest jokes and con jobs foisted on the US people.

S5
 
Posted by ed19363 on :
 
quote:
Originally posted by legaleagle:
CMKX is definitely tied to SGGM

with a large anchor chain !!!!
 
Posted by stockster5 on :
 
jeeze, I can't even input .00005 in my stock trading field online....!!!! It won't let me go 5 decimals....


S5
 
Posted by stockster5 on :
 
I guess that's the down side of having a bridge finance partner.... the bridge starts sinking.....

S5
 
Posted by stockster5 on :
 
Actually, as far as the CMKX cult, you can't PAY for all that advertisement so the COO would never rock that boat. It's an amazing amount of eyeballs there.
S5
 
Posted by bill1352 on :
 
well cmkx has a 703 billion o/s. i dont think the word dilute comes close to what a company is doing when dumping 703 billion shares. no clue as to what insiders own if they own any...but only 33 days left & CMKX is no more...revoked. the judge was given no choice by cmkx. they gave no excuse for not filing & no hope of being able to file.
 
Posted by stockster5 on :
 
Well, I hope for anybody holding cmkx, and my heart goes out to them, that cmkx folds it over into sggm or the other holding companies... miracles still can happen....

S5
 
Posted by stockster5 on :
 
And isn't it still possible that 703 bil is a false inflated count. That some of that share count doesn't exist. ???

S5
 
Posted by Ric on :
 
No, because UC gave that number in a PR after the SEC made him. Not a good time to lie when the SEC is coming after you. The only question is did he issue the remainder of the a/s after that. It looked like they did from the heavy trading after the halt. Also looked like heavy dumping by insiders too. But we know its at least 703 billion shares. And they can't fold it into another company, thats illegal. If it was that easy then why bother revoking a company in the first place.
 
Posted by stockster5 on :
 
Ric... I believe a company can do a type of rollover by transferring certs to the new company in some way, don't know all the jargon.
Also, I've been backtracking cmkx sec's, what little of them there are, and I don't see 703 billion through out the years.... obviously I can be wrong... 3 bill here 4 bill there...but this looks weird right now.

S5
 
Posted by Ric on :
 
No they can't. And yes it is. What can't you understand. If you say you don't know and someone says they do know then whats the arguement. If they rollover the certs then the new stock is now revoked. Its not the symbol that is revoked. The symbol remains. Its the comapny. And if a broker/dealer trades shares of a revoked company no matter what they roll it over to then they are breaking the law.

Here is the official filing of a 8-K with the SEC. It clearly states 703 billion shares. Better not lie on this.

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001077048%252D05%252D000174%252Etxt%26filepath%3D%255C2005%255C03%255C14%255C&symbol=CMKX
 
Posted by Ric on :
 
From 8-K

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.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by bill1352:
lmao esteban....i have wondered the same thing. if the whole story ever does get out i wouldn't want to be in his shoes.

I'd like to be there to watch! Wouldn't lay a hand on him myself, even if I could. Don't want to dirty my hands with the likes of Urban Casavant!
 
Posted by Ric on :
 
Michael Jackson found NOT Guilty. I guess anything can happen
 
Posted by bill1352 on :
 
jacksons own cousin said he gave them booze & porn to watch as they pleasured themselves & he was found not guilty of giving booze to minors...they were 15.
 
Posted by bill1352 on :
 
another company can buy the claims & the mine in S.A but every share of CMKX is worthless after its revoked. the only hope the cult can have is 1 of the divys cmkx gave gets the claims & the judge also bans UC from having anything to do with another public company. thats not to unlikely either since the SEC pointed out that filing stopped when UC took over & cmkx gave no proof that the form 15 problem came form any legal council. add to that UC taking the 5th & i would be suprized if the judge let UC have anything to do with a public company again...but then Jackson not guilty happens. of course no jury in this 1. CMKX is proof ppl will believe anything no matter how outragous it is.
 
Posted by stockster5 on :
 
Thanks Ric, I stand corrected. UC will only begin with another name. I guess the fact that otcbb companies have an instrument that allows them to just walk away from thousands of investors clouds my thinking. But it's really buyer beware... with just a few minutes of internet surfing with all the investment sites you can find out cmkx is shaky enough not to invest even if its sub penny priced.... come on people do a little homework on these companies.
S5
 
Posted by stockster5 on :
 
here's a bit of reading of cases of revoking ...

a 2002 article about revoking corporation charters..
http://yeoldeconsciousnessshoppe.com/art120.html

2002 SEC -- http://www.sec.gov/litigation/admin/33-8075.htm
 
Posted by stockster5 on :
 
JACKSON NOT GUILTY ................
guess I can take my nephew and niece to Never land now as Michael invited us 5 months ago......
 
Posted by Highwaychild on :
 
Man, this guy on CNBC is cracking me up.Jim Kramer, the Mad Money Guy.He kind of reminds me of Ric,LOL.I bet talking to this guy would be just like a one on one stock talk with Ric.
...j/k around
 
Posted by Ric on :
 
Hey I like Kramer. Don't insult him like that, lol.

Heres the response from Ameritrade.

http://www.cmkxownersgroup.com/ResponseLetterfromAmeritrade.pdf
 
Posted by Wallace#1 on :
 
On the lighter side, have been doing some family research, and thought you older fellows (especially dwman-if he's still reading and around) would enjoy and appreciate the following I ran across from an old newspaper:

"MARRIED.-At Burlington, by the Rev. Mr. Ripley, Mr. Jehiel Farres, aged 75, to Miss Elizabeth Prouty, aged 19. After a courtship of fifteen minutes.

See guys, there's always hope, huh? That's what I call a "quickie"!!!

"
 
Posted by will on :
 
Did you read the next day's paper. I heard it was reported that the new Mrs. Farres was burried. Cause of death, over indulgnece with Mr. Farres.

quote:
Originally posted by Wallace#1:
On the lighter side, have been doing some family research, and thought you older fellows (especially dwman-if he's still reading and around) would enjoy and appreciate the following I ran across from an old newspaper:

"MARRIED.-At Burlington, by the Rev. Mr. Ripley, Mr. Jehiel Farres, aged 75, to Miss Elizabeth Prouty, aged 19. After a courtship of fifteen minutes.

See guys, there's always hope, huh? That's what I call a "quickie"!!!

"


 
Posted by Upside on :
 
I think Wallace is telling us that his real name is Jehiel Farres and that his wife "Lizzy" is now only about 25 or so. See Will, we do need to go visit Wallace this summer.
 
Posted by will on :
 
Well, I'll be close to him in a few days. Going to VA. Not sure I want to be around such a "lively" guy though.
 
Posted by stockster5 on :
 
Is cmkx and cmkm one and the same???
Which came first?
 
Posted by will on :
 
The chicken.
 
Posted by Upside on :
 
If you're going to be that close, stop in and say hi to good old Jehiel and Liz. Let me know how it goes.
 
Posted by Ric on :
 
cmkm is the name of the company, cmkx is the stock symbol
 
Posted by will on :
 
He only sees people by appointment made months in advance. I wouldn't want to interrupt the old pervert.
 
Posted by Ric on :
 
Thats why "Got CMKX" said what kind of business this really was. Selling stock. 703.5 billion worth. If they were promoting a diamond company then they would have said "Got CMKM".
 
Posted by Upside on :
 
I heard Lizzy will take anyone on a moments notice though.
 
Posted by stockster5 on :
 
Thought it sounded familiar.
I was thinking cmkm was the option listing.
Lookit all I've learned already!!!

S5
 
Posted by stockster5 on :
 
If you took count in 2 days it will be 710 billion.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by will:
He only sees people by appointment made months in advance. I wouldn't want to interrupt the old pervert.

Not a "chicken", just a couple of turkeys like you and Upside, will.

You are both welcome to visit Lizzy. That paper was from the mid-1800s. Let me know how either of you perform or how she performs. Hell, if you happen to find her, all either of you will be doing is cutting the grass!
 
Posted by Upside on :
 
So she's what now, a hundred and sixty or so? Is she still spry?
 
Posted by Wallace#1 on :
 
Beats me Up, but maybe you could handle her.

Going to take Lizzy to bed now. Good night all.
 
Posted by Ric on :
 
Part III: CMKM hearing told of stock records, massive dilution

2005-06-13 20:00 ET - Street Wire

Also Street Wire (U-*SEC) U.S. Securities and Exchange Commission

by Lee M. Webb

CMKM Diamonds Inc.'s May 10 hearing before the U.S. Securities and Exchange Commission (SEC) to determine whether the company's stock registration should be revoked listened to testimony from the company's transfer agent. Among other things, the transfer agent confirmed that CMKM had more than 778.5 billion shares outstanding as of Dec. 31, 2004.

Chief Administrative Law Judge Brenda P. Murray presided over the evidentiary hearing to determine whether CMKM's stock registration should be suspended or revoked for failing to file periodic reports as required by U.S. securities regulations.

Lawyer Leslie Hakala, assisted by Gregory Glynn, took the lead in presenting the case for the SEC enforcement division.

CMKM was represented by Donald Stoecklein of the Stoecklein Law Group and Texas lawyer Bill Frizzell was allowed limited third-party participation as counsel for a group of the company's shareholders.

During his opening statement, Mr. Stoecklein seemed to lay the blame for much of CMKM's regulatory woes on unsupportive professionals previously engaged by the company, a situation he called "damned unfortunate."

Among other things, Mr. Stoecklein alleged that CMKM paid $1.5-million over two years to an accountant identified in subsequent testimony as David DeSormeau, but received virtually nothing in return. (All amounts are in U.S. dollars.)

Mr. Stoecklein also claimed that $250,000 had been paid to prior counsel from a New York law firm, widely acknowledged to be D. Roger Glenn, to bring CMKM current in its filings, but no reports had been filed.

As previously reported by Stockwatch, Neil Levine, an auditor hired by CMKM in January, testified that he had not even started auditing procedures because the company had not provided him with the necessary reports and documentation, in spite of repeated requests.

Among other things, Mr. Levine told the court that he had not been given general ledgers, cash disbursements, bank statements and so on.

He also testified that he had not been provided any backup documentation for opinion letters from five or six lawyers regarding CMKM stock issuances, in spite of requesting the backup from Mr. Glenn and Mr. DeSormeau.

In yet another revelation, Mr. Levine testified that he was severing his connection to CMKM effective at the end of the hearing. The auditor said that neither he nor his firm wanted to be associated with a company like CMKM.

After some of the surprising allegations in Mr. Stoecklein's opening statement and some bruising revelations from Mr. Levine, the brief testimony from the SEC's next witness was rather bland.

The specialist

As its next witness, the U.S. regulator called Christopher Wall, an information technology (IT) specialist with the SEC's Los Angeles, Calif., office.

Ms. Hakala began by leading Mr. Wall through a series of questions regarding a recording he had made of an Oct. 18, 2004, webcast produced by the Green Baron.

As previously reported by Stockwatch, the Green Baron is an Internet stock touting operation that began beating the drum for CMKM as "the stock play of a lifetime" last year.

On Oct. 18, 2004, the Green Baron released an "interview" featuring CMKM chief executive officer Urban Casavant and Rendal Williams, the chief executive officer of closely associated U.S. Canadian Minerals Inc.

Shortly into Ms. Hakala's direct examination of the IT specialist, Mr. Stoecklein agreed to a stipulation regarding the authenticity of the recording.

With the recording entered into evidence, Ms. Hakala called Mr. Wall's attention to another exhibit, a price and volume chart for CMKM from Jan 1. 2003, through some time in April of 2005.

Mr. Wall testified that very little volume was traded in CMKM until August of 2003.

"And is it correct that the volume during 2004 and 2005 repeatedly went over two billion shares per day," Ms. Hakala subsequently asked.

"It looks like it did -- in 2004 and 2005, it looks like the volume went over two billion shares six or seven times," Mr. Wall replied.

Ms. Hakala went on to ask whether the IT specialist had any reason to doubt the accuracy of the chart.

"No, I -- this is a chart I got from our Bloomberg system," Mr. Wall answered.

While Mr. Wall reportedly had no reason to doubt the accuracy of the Bloomberg chart, many CMKM followers know that the stock registered a daily volume of more than two billion shares on far more than six or seven occasions through 2004 and 2005. For much of 2004, a daily volume of less than two billion shares was an oddity.

Indeed, Stockwatch's records indicate that CMKM tallied more than two billion shares many dozens of times, topped a daily volume of 15 billion shares on several occasions and even notched an incredible volume of more than 39 billion shares on one day.

Perhaps unknown to Mr. Wall, some systems are not programmed to report such massive trading volumes and, perhaps analogous to an odometer on a motor vehicle, simply "roll over" and start counting again once they reach a certain number.

In any event, Ms. Hakala concluded her direct examination after some brief testimony about the Bloomberg chart and neither Mr. Stoecklein nor Mr. Frizzell cross-examined the IT specialist.

The transfer agent

The SEC's next witness was Helen Bagley, owner of 1st Global Stock Transfer, which acted as CMKM's transfer agent.

Ms. Bagley testified that she had been CMKM's transfer agent since December of 2002, except "for one short week" in the summer of 2004 when there was "a rift" between 1st Global and CMKM.

As previously reported by Stockwatch, CMKM dropped 1st Global and proudly announced the engagement of Pacific Stock Transfer on June 29, 2004. Within days, Pacific Stock Transfer had disclosed to many CMKM shareholders that the company had a staggering 400 billion shares outstanding.

That was the end of CMKM's association with Pacific Stock Transfer. By July 8, 2004, the company announced that it had rehired 1st Global.

As part of her direct examination, Ms. Hakala led Ms. Bagley through a series of questions to draw out an explanation of the difference between issued, surrendered and outstanding shares.

"Ms. Bagley, just so that we understand the difference between issued, surrendered, and outstanding shares, suppose hypothetically I have a certificate -- I'm issued a certificate for 100 shares," Ms. Hakala began. "And that's the only issuance, that's the only thing going on. What would issued, surrendered and outstanding be?"

Ms. Bagley explained that there would be 100 issued shares, no surrendered shares and 100 outstanding shares.

"Okay," Ms. Hakala said. "If I then sell my -- transfer -- want you to transfer my hundred shares, I sell them to my co-counsel, Mr. Glynn here, so that now he has the hundred shares and I no longer have anything, what would the issued, surrendered, and outstanding be?"

"The issued would be 200, the surrendered would be a hundred, and the outstanding would be a hundred," Ms. Bagley replied.

"So is it correct that the outstanding number of shares is the most accurate number to know how many shares of stock issued by the company are out in circulation?" Ms. Hakala asked.

"Yes," said Ms. Bagley.

"Okay," Ms. Hakala continued. "And the issued number of shares can change depending on how many people transfer shares among themselves once the company issues them?"

"Correct," Ms. Bagley replied.

Ms. Hakala moved on to pose a number of questions regarding CMKM's shareholders list for July 22, 2003, which indicated that the company had 698 shareholders of record as of that date.

In response to a question from the SEC lawyer, Ms. Bagley testified that shares held in street name would be reflected in the entry for Cede & Co. on that list, but there was no way for her to determine how many shareholders held those shares.

The transfer agent testified that she did not remember sending a shareholder list to CMKM in July of 2003, nor did a search of her records indicate that such a list had been sent to the company.

"Do you remember anyone from CMKM Diamonds asking you how many shareholders of record there were in July of 2003?" Ms. Hakala asked.

"No, I don't," Ms. Bagley said.

"Have you asked your staff if any of them remember anyone from CMKM Diamonds inquiring about the number of shareholders of record in July of 2003," the lawyer queried.

"Yes, I did," Ms. Bagley replied.

"And what did they say?" Ms. Hakala asked.

"They said no," the transfer agent answered.

As previously reported by Stockwatch, CMKM filed a Form 15 with the SEC claiming that it only had 300 shareholders of record as of July 22, 2003, effectively exempting the company from reporting obligations. In fact, CMKM had 698 shareholders of record as of that date and should have been filing periodic reports.

Ms. Hakala then moved to another series of questions regarding a share issuance in January of 2003.

According to Ms. Bagley's testimony, a total of more than 994 million shares were issued to 360 different people "for fieldwork in Canada" in January of 2003. Those 360 people were all shareholders of record after the stock was issued.

"So as of January 2003, the company knowingly had over 300 shareholders of record?" Ms. Hakala asked.

"Yes," Ms. Bagley replied.

"Did it seem strange to you that 360 people received shares for fieldwork in Canada?" the SEC lawyer queried.

"Yes," Ms. Bagley said.

Moving forward, Ms. Hakala referred Ms. Bagley to CMKM's master shareholders list for Dec. 31, 2004.

"How many shares were outstanding as of December 31st, 2004?" Ms. Hakala asked.

Ms. Bagley replied that there were 778,518,875,000 shares outstanding as of that date.

"If any auditors contacted you to ask how many outstanding shares there were as of December 31st, 2004, what would you say?" Ms. Hakala asked.

"I would tell them there are 778 billion," Ms. Bagley said.

"And change," suggested Ms. Hakala.

"And change," Ms. Bagley agreed.

Ms. Bagley went on to testify that there were 2,033 shareholders of record as of Dec. 31, 2004.

"And issued shares?" Ms. Hakala asked.

"It looks like two trillion and change," Ms. Bagley said.

"Does that mean that there are two trillion and change shares floating around out there?" Ms. Hakala asked.

"No," said Ms. Bagley. "That is the same thing as what's been issued and cancelled. It's constant."

"And the number of surrendered shares?" the lawyer queried.

"A billion four and change," Ms. Bagley began. "Or, excuse me, a trillion four and change."

"So if I took that trillion four and change, subtracted it from the 2.2 trillion and change, I'd end up with the number of outstanding shares?" asked Ms. Hakala.

"Correct," said Ms. Bagley.

"And do you have any reason to doubt the accuracy of these numbers?" Ms. Hakala asked.

"None whatsoever," Ms. Bagley replied.

With that, Ms. Hakala finished her direct examination and handed off to Mr. Stoecklein, who conducted a brief cross-examination.

Mr. Stoecklein drew an acknowledgement from Ms. Bagley that his office had requested the CMKM shareholder list for July 22, 2003, and Dec. 31, 2004, on Feb. 10 or Feb. 11 of this year.

"Okay," Mr. Stoecklein said. "You've mentioned that the shareholder list that we've been referring to -- and we've been referring to two lists. One is July and one is December.

"And I'm not really going to distinguish amongst the two of them for this question.

"You've mentioned that the shares listed on those lists, the shares are in Cede & Company?"

"Correct," Ms. Bagley replied.

"And where do those shares go when they're in Cede & Company?" Mr. Stoecklein asked.

"They go into street name," Ms. Bagley began. "I -- I -- excuse me. Can you please clarify?"

"Sure," said Mr. Stoecklein. "I think you answered the question, though. They go in street name -- "

"Okay," Ms. Bagley said.

"Which means they don't stay in the name of the very shareholder; is that correct?" Mr. Stoecklein asked.

"That's correct," the transfer agent replied.

"Do you have any idea where that actual certificate ends up when it goes to Cede & Company?" asked Mr. Stoecklein.

"No, I don't," said Ms. Bagley.

"You don't keep a copy; correct?" CMKM's lawyer asked.

"No," Ms. Bagley answered.

"Are you familiar with the Depository Trust Company, DTC?" Mr. Stoecklein asked.

"Yes," said Ms. Bagley.

"Do you have an understanding that those shares may actually end up with the DTC?" Mr. Stoecklein queried.

"Yes," the transfer agent said.

"Are you familiar with what's called the share borrower program?" Mr. Stoecklein asked, drawing an objection from Ms. Hakala.

"What is the relevance of the share program?" Judge Murray asked CMKM's lawyer.

"Well, Your Honor, the whole issue just now was on what's issued and what's outstanding," Mr. Stoecklein said. "I'm trying to get to this issue of outstanding. They brought it up again."

"Wait a minute," Judge Murray said. "This has a bearing on what's outstanding?"

"It sure does, Your Honor," Mr. Stoecklein replied.

"Okay," the judge said. "I'll overrule the objection and allow the question if the witness knows."

"And I'm going to be very brief about it, Your Honor," Mr. Stoecklein said.

"Well, I don't -- I think you might be disappointed," Judge Murray said, turning to Ms. Bagley. "Does the witness know the answer to the question?"

"No, I don't," Ms. Bagley replied. "It's the first time I've heard it."

That marked the end of Mr. Stoecklein's cross-examination.

Ms. Hakala put a few more questions to Ms. Bagley on redirect, drawing testimony that the transfer agent retained the originals of all the shares that were surrendered and cancelled.

The SEC lawyer also drew a confirmation from Ms. Bagley that neither she nor anyone on her staff remembered anyone asking for the number of CMKM shareholders of record in July of 2003.

When Ms. Hakala finished her short redirect, Judge Murray posed a question of her own.

"Could I just ask the witness, do you transfer stock for any other company that has over 778 billion outstanding shares," the judge asked.

"No, we don't," Ms. Bagley replied.

With that, Judge Murray excused the witness.

Stockwatch will review further testimony in a following article.

The saga continues.
 
Posted by stockster5 on :
 
Links about naked selling and DTC
http://www.fool.com/news/commentary/2005/commentary05032407.htm

http://www.investopedia.com/terms/n/nakedshorting.asp

This is much biger than cmkx.

S5
 
Posted by Dustoff101 on :
 
stockster5, CMKX is not a OTCBB, it's an OTC.....

And not for long......

Where's my shed! U/C?
 
Posted by bill1352 on :
 
i think the t/a brought up an interesting point...when i sold my cmkx those shares would be canceled...the t/a doesn't know who sold them only that shares were sold thus the number issued would be huge even for cmkx. friizy brought up 2 trillion, the same as has been issued but never has frizzy brought up surrendered. i wonder if he is thinking issued should match the o/s.
 
Posted by Wallace#1 on :
 
bill,

If Frizzy is thinking that, he must not have been listening too carefully during the hearing and did not understand the minutes after reading them later (assuming he read them). Personally, I think his intention was to ignore the surrendered part to suggest to the cult members that the NSS situation was huge. With the surrendered shares, it looks like it would bring the outstanding shares right about to where they should be.

My feeling is he wants to keep the cult involved in order to bring class action suits against UC, Desmoreau (sp?) and others.
 
Posted by bill1352 on :
 
my opinion leans that way to wallace. but i think he better put a freeze on all cmkx's assets now including uc's house. i bet there is a deal sitting waiting to be signed for all the claims & the gold mine...the uranium % they have with united carina too. the only thing holding it is the judges final ruling & maybe if UC can be part of a public company.
 
Posted by legaleagle on :
 
Frizzell and the shareholders were aware of the difference between naked shorts and surrendered shares, immediately after the hearing. I called Helen and spoke to her the next day after the hearing on this issue and she made it very clear what numbers she was talking about.
 
Posted by bill1352 on :
 
well at least frizzy is current...i did like his response to the SEC saying no to the records.
 
Posted by bill1352 on :
 
i see the new OG numbers...the average went up a bit....still a long, long way from proving over 1 trillion owned shares.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by Wallace#1:
quote:
Originally posted by Dustoff101:
Wallace how ya doing dude...Heh, are ya ever gonna wind this thing up and join the fun on the off topic thread...I sure would like to see ya working other stocks again...Your conciderable talents would sure be helpful to many.....Thanks, ya old Tin man.

Dusty,

Not working too many new stocks lately. Busy with Genealogical cousins on my family name where there are a few questions still open. Been doing it since the mid-60's.

I did buy BWDI @ .0067 some time back and it's around 012 now. It is a company with earnings. Usually avoid recommending companies because, as I have said before, if someone loses $$$$s I feel badly for them if the bought because I did....and I experience considerable anguish brushing something like that aside even if I did tell them to research and do lots of DD.

Dusty,

The recent decline in this stock is exactly what I have been talking about when I say I am reluctant to suggest stocks. Already, I am concerned that someone may have purchased BWDI because I said I have it....and they may be down $$$$s.
 
Posted by Ric on :
 
WooHoo got a 5 today, lol. I don't remember kissing any azz today.
 
Posted by Marty on :
 
and there's 5 more with appreciation for your help [Wink]
 
Posted by Ric on :
 
Thanks Marty
 
Posted by Marty on :
 
no problem....your one of the ones who should be 5 stars....da** those bashers and cool aid drinkers...LOL...
 
Posted by BuyTex on :
 
fwiw, Ric is one I rated 5*****, would endorse anyone enjoying good posts to do so also...
 
Posted by Ric on :
 
CMKM Diamonds Inc
Symbol CMKX



CMKM hearing told of negative retained earnings


2005-06-14 21:02 ET - Street Wire

Also Street Wire (U-*SEC) U.S. Securities and Exchange Commission


by Lee M. Webb

CMKM Diamonds Inc.'s May 10 hearing before the U.S. Securities and Exchange Commission (SEC) listened to the company's latest accountant testify about efforts to reconstruct the pink sheet promotion's still spotty financial records.

Among other things, the witness told the hearing about $60.5-million paid for an unseen jade collection, $26-million anted up for unknown consulting agreements and CMKM's "negative retained earnings," otherwise known as an accumulated deficit. (All amounts are in U.S. dollars.)

Chief Administrative Law Judge Brenda P. Murray presided over the administrative proceeding to determine whether CMKM's stock registration should be suspended or revoked for failing to file required periodic reports.

Lawyers Leslie Hakala and Gregory Glynn represented the SEC, which presented its case first because it has the burden of proof.

Donald Stoecklein of the Stoecklein Law Group represented CMKM, with Anthony DeMint of the Securities Law Institute, which is connected to Mr. Stoecklein's law firm, also registering an appearance on behalf of the company.

Texas lawyer Bill Frizzell was also allowed limited participation as a third party on behalf of a group of CMKM shareholders known as the Owners Group.

After calling the company's auditor Neil Levine, who resigned effective the end of the hearing, SEC information technology specialist Christopher Wall and transfer agent Helen Bagley, the U.S. regulator turned to CMKM's latest accountant, Suzanne Herring.

Herring tale

Apparently CMKM had planned to call Ms. Herring as a witness, but she, like Mr. Levine, ended up being called by the SEC.

After being sworn in, Ms. Herring told the court that she was an accountant and the president of Opus Pointe.

"What is Opus Pointe?" Ms. Hakala asked.

"It is a consulting company that is a division of Securities Law Institute," Ms. Herring replied, a reference to Mr. DeMint's company. "We contract accounting and bookkeeping services for Securities Law Institute."

Ms. Herring went on to testify that Opus Pointe had been hired to "compile financial information into financial statement format." She said that her firm had been engaged around March 7 or March 8.

"Was a formal engagement letter executed?" Ms. Hakala queried.

"It would not have been directly through Opus Pointe," Ms. Herring answered. "It would have been through Securities Law Institute or the Stoecklein Law Group. So Opus Pointe is engaged through Stoecklein Law Group and Securities Law Institute, so I wouldn't have done an engagement letter."

Ms. Hakala asked the accountant how much her firm was being paid to provide the services for CMKM.

"To the best of my knowledge, a retainer has been paid in the amount of $20,000," the witness replied.

"To Opus Pointe?" Ms. Hakala asked.

"Correct," said Ms. Herring.

"Who wrote that check?" the SEC lawyer asked.

"Securities Law Institute, I believe," said Ms. Herring, subsequently testifying that Opus Pointe had not received any direct payment from CMKM.

Ms. Herring went on to tell the court that David DeSormeau had previously provided bookkeeping services to CMKM.

"When was he the bookkeeper for CMKM Diamonds?" Ms. Hakala asked.

"To the best of my knowledge, from 2001 through fairly recently," Ms. Herring replied. "I'm not sure when that relationship actually terminated or even if it is actually terminated."

As previously reported by Stockwatch, in his opening statement Mr. Stoecklein said that CMKM had paid $1.5-million over two years to its former accountant, but had received virtually nothing in return.

"Have you ever spoken with Mr. DeSormeau?" the SEC attorney asked.

"I have left him messages but have never spoken to him directly," Ms. Herring replied.

"Did he return your phone calls?" Ms. Hakala asked.

"No, he did not," Ms. Herring said.

"Did anyone return your phone calls to him on his behalf?" the lawyer asked.

"No," Ms. Herring replied.

Ms. Hakala moved on to a series of questions regarding the state of CMKM's financial records.

"When you started some time in March 2005, how complete was CMKM Diamonds' balance sheet?" Ms. Hakala asked.

"It was nonexistent," Ms. Herring replied.

"How complete was CMKM Diamonds' financial -- were CMKM Diamonds' financial statements?" the lawyer asked.

"They were nonexistent," Ms. Herring answered.

"How complete was CMKM Diamonds' general ledger?" Ms. Hakala queried.

"To the best of my -- I was never provided with a general ledger, so I would guess it was nonexistent as well," Ms. Herring said.

Ms. Herring went on to testify that she has been working from a binder of bank statements and a three-inch stack of stock issuance documents obtained from the company's transfer agent.

In response to a subsequent question, Ms. Herring testified that Urban Casavant, CMKM's chief executive officer, was gathering documents to support "wire transfers for primarily drilling contracts, legal services in Canada."

"Has he provided you with documents to date?" Ms. Hakala asked.

"No," Ms. Herring replied.

"Did he say when he would get those documents to you?" the SEC lawyer queried.

"No," the witness answered.

Judge Murray intervened with a question, asking Ms. Herring when she had requested the documents from Mr. Casavant.

"I believe it was about the beginning of April," Ms. Herring replied. "I don't recall the exact date."

Ms. Herring testified that around the beginning of April she had also asked Ginger Gutierrez, identified as a "prior office administrator," to provide materials to aid in reconstructing the company's books.

"Has she provided you with anything?" Ms. Hakala asked.

"Not as of yet," Ms. Herring said.

A short time later Judge Murray had a few more questions for the accountant.

"Isn't your company located in Las Vegas, Nevada?" Judge Murray asked.

"Yes, it is," Ms. Herring replied.

"And isn't this CMKM Diamonds located in Las Vegas, Nevada?" the judge asked.

"Yes, it is," said Ms. Herring.

"Well, why didn't you get in your car and go where they are and go into the office and get the stuff?" Judge Murray asked.

"It is my understanding that the office is in Mr. Casavant's house, and I have not felt comfortable going to his house," Ms. Herring said. "No other reason."

"So they don't have an office?" Judge Murray queried.

"To the best of my knowledge, no," Ms. Herring replied.

"Where does this lady, Ms. Gutierrez, work?" Judge Murray asked. "She's the office administrator?"

"She was," Ms. Herring replied. "I do not believe she currently is."

Ms. Herring testified that she did not know where Ms. Gutierrez performed her office management when she was employed by CMKM.

CMKM's new accountant told the court that she had also requested documents from Brian Dvorak, a lawyer who had done some work for the company, but had yet to receive anything.

"Have you spoken with anyone else seeking documents about CMKM Diamonds?" Ms. Hakala asked.

"There were other people in the room when I was speaking to Urban and Ginger," Ms. Herring said. "When I was speaking to Mr. Casavant, his wife was present and a gentleman by the name of James Kinney."

Ms. Herring said that, as far as she knew, Ms. Casavant had no role to play at CMKM and was probably at the meeting "just because she's Urban's wife."

"Who is James Kinney?" Ms. Hakala went on to ask.

"He is a prior employee of CMKM," Ms. Herring replied.

"What kind of an employee was he?" the SEC lawyer queried.

"I was never quite clear as to what his role exactly was," Ms. Herring said. "Operations management, I think, but I'm -- "

"Did you ask?" Ms. Hakala interrupted.

"No," Ms. Herring replied. "It wasn't of any concern to me what he used to do."

The accountant went on to testify that she had no idea when Mr. Kinney and Ms. Gutierrez had stopped working for CMKM. She said that Mr. Casavant "voluntarily brought both James and Ginger with him" to a meeting with her.

"Had you heard of Ginger Gutierrez or James Kinney before that meeting?" Ms. Hakala asked.

"I believe I had, but it didn't mean anything at the time," Ms. Herring replied.

As Stockwatch reported in an Oct. 1, 2004, article, Ms. Gutierrez and Mr. Kinney reportedly performed investor relations duties for CMKM. According to the Nevada Secretary of State, they are also officers of Part Time Management Inc.

In the Oct. 1, 2004, article, Stockwatch also reported that a Boca Raton tout service had disclosed receiving one billion free-trading shares of CMKM for its promotional efforts from a third party identified as PartTime Management Inc.

A short time later, Ms. Hakala moved on to another line of questioning.

"Opus Pointe's task at this point is to reconstruct three years of CMKM Diamonds' financial statements from a two-inch binder and a three-inch pile of documents and whatever documents you may get in the future?" the lawyer queried.

"Correct," said Ms. Herring.

Once again, Judge Murray had some questions for the witness.

"Does it seem possible to you to do that from the documents you have?" the judge asked.

"From the documents that are in my possession at this point in time, no," Ms. Herring replied. "Assuming that I'm provided with the balance of the documents that I need, yes. And I've been assured by Mr. Casavant that I will get those documents."

"And what exactly has he told you that he's going to give you?" Judge Murray asked. "But evidently he told you that at least a month ago? What is this? This is the 9th of May. So he told you about the 7th of April he was going to give you this stuff?"

"Yes," Ms. Herring replied.

"What is he going to give you that he hasn't given you that you need?" Judge Murray asked.

"Cancelled checks," Ms. Herring said. "I am missing several bank statements, so I will have the copies of the bank statements. Supporting invoices. Accounts payable invoices. Contracts for stock issuances and service contracts for stock issuances."

The accountant went on to say that CMKM was not her only client and that she had been doing other work over the past month.

"Okay," Judge Murray remarked. "But the materials that you're missing seem to me to be pretty substantial. Or am I wrong?"

"No," Ms. Herring replied. "I would have to concur with that."

"Okay," the judge said. "And you've had a request pending for these documents for a month from this gentleman?"

"Yes," said Ms. Herring.

Picking up her direct examination, Ms. Hakala asked the witness who had signing authority on CMKM's bank accounts.

"To the best of my understanding, Mr. Casavant and his wife," Ms. Herring replied.

"Why does his wife have signatory authority on the corporate bank accounts?" Ms. Hakala queried.

"That would be something you would have to ask him," Ms. Herring said.

"Have you asked anyone that?" the SEC lawyer queried.

"No, I have not," Ms. Herring replied.

The accountant went on to testify that she understood that Ms. Casavant helped her husband and "took care of some things" while he was incapacitated because of some medical problems.

"As far as you know, has Carolyn Casavant ever been appointed a director or an officer or an employee of CMKM Diamonds?" Ms. Hakala asked.

"To the best of my knowledge, no," the witness answered.

"Are you aware of any internal controls in place regarding the use of CMKM Diamonds' funds?" asked the lawyer.

"No," Ms. Herring replied.

Changing gears, Ms. Hakala referred Ms. Herring to an exhibit comprised of draft general ledgers for CMKM covering 2002, 2003 and 2004.

"Is this the only financial books and records that have been prepared to date by Opus Pointe?" the lawyer asked.

"Yes, it is," Ms. Herring replied, subsequently testifying that it was prepared from bank statements and documents obtained from the transfer agent.

"Is this general ledger complete?" Ms. Hakala asked.

"No," said Ms. Herring.

The accountant went on to testify that she had recorded all the cash in and cash out from the bank statements and the stock issuances provided by the transfer agent.

Ms. Hakala subsequently asked whether the numbers in the general ledgers were accurate.

"To the best of my knowledge," Ms. Herring replied. "The cash entries are a hundred percent accurate. The stock issuances were based on the fair value of the stock at the time of services."

Ms. Hakala turned to specific questions regarding some of the entries in the incomplete general ledger, first referring the accountant to an entry regarding precious gems.

"What does that mean?" Ms. Hakala asked.

"These shares were issued for the acquisition of a jade display or a jade collection," Ms. Herring said. "From what I read in the agreement, they were going to use this jade collection to show throughout the world.

"Subsequently, this transaction will reverse itself. I haven't received the documentation for the cancellation of the contract, but that was the acquisition of jade -- of a jade collection."

"I notice across it's showed as a debit of $56,885,000 and change?" Ms. Hakala queried.

"That's correct," Ms. Herring replied.

"Where did you get that number?" the lawyer asked.

"The fair value -- what the stock was trading at at the date of the agreement times the number of shares issued," Ms. Herring said.

"What happened to the jade?" Ms. Hakala asked.

"From my understanding, this whole contract reversed itself," Ms. Herring replied. "The jade went back. I have not followed that transaction all the way through yet, but it was my understanding that that transaction is later cancelled. So that $56-million will reverse itself out."

Judge Murray again had some questions.

"And when you say 'jade collection' -- evidently this company had mining rights," Judge Murray began. "Do they mine jade in Canada?"

"I'm not clear on this whole transaction," Ms. Herring replied. "No, they do not. It was a revenue source, from my understanding, and what I obtained through reading the agreement, it was to be able to show this collection throughout the world and generate revenue."

"How would generate rev -- oh, you were going to stage a show?" asked the judge. "People were going to pay to see the collection of jade?"

"I was not involved at the time, so I can't really comment," Ms. Herring said. "I -- I don't know."

"Does it make sense?" Judge Murray queried. "I'm sorry."

"I didn't concern myself with it too much because I knew the contract reversed itself," Ms. Herring said.

"But you have no proof that the contract reversed itself," Judge Murray commented. "Somebody told you that the contract reversed itself; right?"

"Correct," Ms. Herring said. "Correct."

"You don't know whether those shares of stock ever come back, do you?" asked the judge.

"I do not," Ms. Herring replied.

Ms. Hakala then returned to her line of questioning.

"Do you have any evidence that CMKM Diamonds ever got any jade before the reversal," the SEC lawyer queried.

"No," said Ms. Herring. "It was before my time that this all took place, so I wouldn't know anyway."

"You said that you were working on the assumption that the contract reversed itself; is that correct?" Ms. Hakala queried.

"Correct," Ms. Herring replied.

"I'd like you to look at page 3 of the December 31, '04, general ledger, which is three pages from the end," the lawyer said.

"Hm-hm," Ms. Herring said.

"Do you see the line entry on the left, it says 'Precious Gems'?" Ms. Hakala asked.

"Yes," the accountant replied.

"And on the right-hand side it shows a balance of $60.5-million in connection with that," Ms. Hakala pointed out. "Do you see that?"

"Yes, I do," Ms. Herring said.

"What is that referring to?" the lawyer asked.

"There was an additional purchase of jade that I haven't received the reversal as of yet," Ms. Herring replied.

"So as of December 31st, 2004, does the company have $60-million worth of jade?" Ms. Hakala asked.

"No, to the best of my knowledge," Ms. Herring said.

"So why is the general ledger reflecting that?" Ms. Hakala queried.

"Well, because you're looking at a draft general ledger with incomplete information," Ms. Herring said.

Turning back to the 2003 draft general ledger, Ms. Hakala directed the witness to an entry recording "2.7 billion shares issued pursuant to an unknown agreement."

"And how much was that valued at?" Ms. Hakala asked.

Ms. Herring said that it was valued at $24,687,202.03.

"So does that mean that, according to this, and to the best of your -- the records that you currently have, this general ledger suggest that the company issued $24.6-million in stock -- million dollars worth of stock pursuant to an unknown agreement?" asked Ms. Hakala.

"I put 'unknown agreement' in there because I don't have a copy of the agreement," Ms. Herring said. "So yes, there were shares issued with a trading value at the time of $24-million. I do not have a copy of that agreement in my possession, which is why it says 'unknown agreement.'"

"Makes sense," Ms. Hakala remarked. "Who has the agreement?"

"I would expect that Mr. Casavant or the company would have the agreements, or the attorneys," Ms. Herring replied.

"Have you requested these agreements?" Ms. Hakala asked.

"Yes," said Ms. Herring.

Judge Murray intervened with some further questions.

"When you say, 'Mr. Casavant or the company,' it sounds like he is the company," Judge Murray commented. "He has all the files for the company in his home?"

"I'm not sure," Ms. Herring answered. "I'm not clear on that."

"Well, when you ask people, where do they tell you that the files are?" the judge asked.

"'We have that somewhere,'" Ms. Herring replied. "'We have it.' That's what I've been told is, 'We have those documents.'"

"And who tells you this?" Judge Murray queried.

"I've been told that by Mr. Casavant, by Ginger, by James, that these documents are available," Ms. Herring said.

"But Ginger doesn't work there any more; right?" asked Judge Murray.

"That's correct," Ms. Herring replied.

"And James, does he work there?" Judge Murray asked.

"Not to the best of my knowledge, but I believe there's a continued relationship," said Ms. Herring.

"Well who works there?" the judge wanted to know.

"I'm not familiar with who all works at CMKM," Ms. Herring said. "My dealings have been with Mr. Casavant, primarily."

Ms. Hakala returned to her examination, drawing from Ms. Herring that CMKM had no revenues in 2003. She was about to pose a question regarding the 2004 general ledger when Judge Murray stepped in again.

"Well, excuse me," said the judge. "She said there's no revenues, but there's some deposit figures there; right?"

"Correct," Ms. Herring replied.

"Well, isn't that revenue?" the judge asked.

"No," said Ms. Herring.

"What is that?" Judge Murray asked.

"Those, I believe, are all loans to the company from Mr. Casavant," Ms. Herring replied.

Ms. Hakala joined in with a question about why Mr. Casavant loaned substantial amounts to the company, drawing an objection from Mr. Stoecklein about how the accountant would know that.

"I mean, we're speculating here, we're dealing with detailed financial statements," Mr. Stoecklein argued. "I mean, the issue here is, is this company going to get this stuff in order and get it reporting. It isn't the Commission's position to be able to go into this kind of detail."

"Well, I think I disagree," Judge Murray informed Mr. Stoecklein. "If the witness prepared the document, you can ask the witness questions about the document."

The judge went on to ask Ms. Herring whether the deposits under discussion represented loans from Mr. Casavant.

"That is my understanding," Ms. Herring began. "Whether that is -- when I am looking at the bank statements provided by Mr. Casavant, I have money coming in. I have a bank deposit.

"I know from Mr. Casavant that they are not doing anything to generate revenue. I know it's not revenue.

"I know that on occasion Mr. Casavant has lent the company money.

"I do not have loan agreements to support the money coming in.

"Most of that money is -- has been either treated as donated capital to the company without a loan document to support a loan, or it is sitting in a suspense account because I don't know what to do with it at this point."

"Okay," Judge Murray said. "You have an indication there's money, but you haven't got a source or a way to characterize it or sort of put it -- "

"Correct," Ms. Herring replied.

"Okay," Judge Murray said. "All right. Counsel, do you have any objection to those questions?"

"I'll save it for redirect -- or cross, Your Honor," Mr. Stoecklein replied.

Ms. Hakala returned to her direct examination, moving forward to the general ledger for 2004.

"Turning to 2004, the general ledger for 2004, which is, I believe, the last five pages or so, I couldn't find any reference in 2004 to business operations," Ms. Hakala remarked. "Can you show me where that is in the general ledger, please?"

"There is none," Ms. Herring replied.

On further questioning, Ms. Herring testified that the 2004 general ledger did not indicate any income or revenue, nor did it indicate any operational expenses paid out by the company in 2004.

"It appears from this that the general ledger as of December 31st, 2004, lists retained earning of $36,332,718; is that correct?" Ms. Hakala asked.

"That's correct," Ms. Herring replied.

"Where did you get that number?" Ms. Hakala queried.

"From the beginning balance that I used, which was the September 2002 SEC filing from Mr. (David) Coffey," Ms. Herring began. "That was the beginning balances. Posting all the transactions from that point until 12/31/04. And if I am not mistaken, that is just the rollover from the transactions that are recorded."

On further questioning from Ms. Hakala and Judge Murray, Ms. Herring spent a bit more time testifying about how she arrived at a figure of $36.5-million for what she had identified as retained earnings.

"I'm not an accountant, so bear with me, but how can you have retained earnings if you have no earnings?" Ms. Hakala finally asked.

"There's expenses which -- okay," Ms. Herring began. "We won't call it retained earnings. We'll call it accumulated deficit."

"So this is how much money CMKM Diamonds is in the hole?" Ms. Hakala queried.

"Correct," Ms. Herring said.

Judge Murray asked for some more information regarding the $36.5-million that the accountant had now identified as an accumulated deficit.

Ms. Herring said that the figure represented $26-million paid for consulting, $1.4-million for mining supplies, $2-million in financing fees and $468,000 in loan costs.

"And then in 2004, there are no expenses, so the bulk of it is made up in the transactions that were recorded as of December 31st, 2003," Ms. Herring testified, later adding that the beginning accumulated deficit balance from 2002 was $3.4-million.

"Okay," Judge Murray said a short time later. "I think I've got it. I always thought of retained earnings, though, as a positive figure. I don't think I've ever heard of retained earnings as a negative. Am I wrong? It's often a negative?"

Ms. Herring nodded her head affirmatively.

"It is often?" Judge Murray queried.

"Very often a negative," Ms. Herring said. "I would say 90 per cent of my clients have negative retained earnings."

"So that essentially means that, as of the end of 2004, CMKM Diamonds had a deficit of $36-million and change?" Ms. Hakala asked.

"Correct," said Ms. Herring.

Moving to another line of questioning, Ms. Hakala asked whether Ms. Herring or Opus Pointe were qualified to audit CMKM's books and records after they were put together.

Ms. Herring said that she could not audit her own work, so it would have to be sent to an independent auditor.

The accountant went on to testify that she could reconstruct CMKM's books in approximately 30 days, if she received all the documents and information that she needed.

Ms. Hakala subsequently drew a confirmation from Ms. Herring that the incomplete general ledgers for 2002, 2003 and 2004 were the only effort she had been able to make so far to reconstruct CMKM's financial records.

Judge Murray intervened with a final question for Ms. Herring.

"And the reason that that's the only effort is because you're lacking documents from the company; is that right?" Judge Murray asked.

"That's correct," Ms. Herring replied.

Ms. Hakala had no further questions, so Judge Murray invited Mr. Stoecklein to cross-examine the witness.

"Your Honor, we're going to -- since this was our witness, we're going to reserve her until this afternoon," Mr. Stoecklein said.

Mr. Frizzell did not have any questions, either.

With that, the court adjourned for lunch at 1:37 p.m.

Stockwatch will review further CMKM hearing testimony in a following article.

The saga continues.

[ June 14, 2005, 22:05: Message edited by: Ric ]
 
Posted by Wallace#1 on :
 
Ric,

Don't know how you rate with Marty and BuyTex. Damn!!! I taught you everything you know. LOL
 
Posted by Ric on :
 
LOL, Well its better then earlier. I got jumped on for reminding people a company just did a r/s and 300% increase in o/s since then. Told to be quiet because it was a short play and I shouldn't bring that up. Oh well.
 
Posted by Ric on :
 
Whats everyone elses call on the above. You know it seems funny that what money has gone into company comes from UC. Do you think he issued all the shares to himself then he turned around and sold the shares on the market and pockets the money with a few bones thrown at the company to make it look like something. Maybe why he took the fifth. talk about illegal. Just odd how the accountant states the financial records. Didn't it get mentioned once that they thought he was given shares to family then they sold the shares on the market. I say again, the fifth might have been a must.
 
Posted by legaleagle on :
 
By: rocketship0
14 Jun 2005, 10:58 PM EDT
Msg. 996259 of 996276
Jump to msg. #
**Please Read**

Well....Shorty better study all the PRs that CMKX has put out. They better realize that regardless whether or not CMKX is revoked, it does not matter because this is not your ordinary company.

If CMKX gets revoked, all it means is that the shares we own are not tradeable in the market. However, the shares we own translate into a percentage that we own of CMKX, The Private Company. As a Private Company, therefore, if CMKX gets royalties from other partners.......guess what? We still own shares and are entitled to those royalties and Shorty has pay up.

CMKX began working on a business web about two years ago to beat the NSS situation. The hiring of Roger Glenn was the key in masterminding a business system strategy whereby CMKX could not lose, IMO.

Enter CIM. A poster reminded us, just recently, that CMKX will get a 10% life royalty from CIM.

I just want to throw some figures that Shorty would have to deal with. For example, if CIM makes $700 million in one year, then CMKX gets $70 million. If the OS ownership of CMKX is 700 Billion and If Shorty is One Trillion short, as we believe to be true, guess what? Each share is worth $.0001 which means that Shorty has to pay $100,000,000 (one hudred million dollars).

As the CIM valuation increases and its profits increase, then our royalties increase. Therefore, every year Shorty has to come up with some big $$$$$$$$$$$.

Can Shorty afford a yearly royalty...for life? Can Shorty afford a CIM IPO with an enormous amount of NSS as soon as the IPO happens?

Can Shorty afford the NSS for GEMM? For SGGM? For USCA?

You know what? I think that Shorty better do their homework and quick because their time is running out.

It appears to me that the WORST thing that could happen to Shorty is for CMKX to be revoked. Revocation will back fire for Shorty. Think about it. Shorty is better off covering their CMKX NSS now.....and get it over with otherwise, they will never ever get an opportunity to cover again.

If CMKX is revoked, Shorty is ruined for LIFE....IMO!

Think about it!!!!!!!!!!!!!!

Rocket
 
Posted by legaleagle on :
 
Author Topic: Paltalk, John Martin & NSS... (Read 1,085 times)
0000 0000
God of Diamonds

member is offline




Joined: Aug 2004
Gender: Male
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Paltalk, John Martin & NSS...
Thread Started on Yesterday at 7:00pm

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copied and pasted from sterlings for your viewing pleasure:

"(11:59 PM) cmkxer: Hello all, I just got of the phone with John Martin. He'd told me that they have proven the naked shorts in absolute terms
 
Posted by Wallace#1 on :
 
Ric,

I have chosen some of what I think are the most important parts about the above hearing. To some I have added notes. To others, notes are unnecessary since they speak for themselves. Everything I have seen to date leads me to believe that CMKX will be revoked and people like Urban Casavant, Desormeau, Dvorak, Glenn, Melvin and probably others are in for some future prosecution for both fraud and for failure to perform their fiduciary duties to shareholders.

The key points I think are important are as follows:

After being sworn in, Ms. Herring told the court that she was an accountant and the president of Opus Pointe.
"What is Opus Pointe?" Ms. Hakala asked.
"It is a consulting company that is a division of Securities Law Institute," Ms. Herring replied, a reference to Mr. DeMint's company. "We contract accounting and bookkeeping services for Securities Law Institute."

Securities Law Institute, which is connected to Mr. Stoecklein's law firm, also registering an appearance on behalf of the company.

NOTE: Looks like Stoecklein likes to keep everything in house as opposed to having an independent auditor involved.

CMKM had paid $1.5-million over two years to its former accountant, but had received virtually nothing in return.
"Have you ever spoken with Mr. DeSormeau?" the SEC attorney asked.

NOTE: If I remember correctly, either DeSormeau or his associates also were involved in questionable securities transactions.

"When you started some time in March 2005, how complete was CMKM Diamonds' balance sheet?" Ms. Hakala asked.
"It was nonexistent," Ms. Herring replied.
How complete was CMKM Diamonds' financial -- were CMKM Diamonds' financial statements?" the lawyer asked.
"They were nonexistent," Ms. Herring answered.
"How complete was CMKM Diamonds' general ledger?" Ms. Hakala queried.
"To the best of my -- I was never provided with a general ledger, so I would guess it was nonexistent as well," Ms. Herring said.

"It is my understanding that the office is in Mr. Casavant's house, and I have not felt comfortable going to his house," Ms. Herring said. "No other reason."
So they don't have an office?" Judge Murray queried.

CMKM's new accountant told the court that she had also requested documents from Brian Dvorak, a lawyer who had done some work for the company, but had yet to receive anything.
"To the best of my knowledge, no," Ms. Herring replied.

NOTE: Seems a though I remember Dvorak or close associates of his were mixed up in questionable securities activities.

Ms. Gutierrez and Mr. Kinney reportedly performed investor relations duties for CMKM. According to the Nevada Secretary of State, they are also officers of Part Time Management Inc.

NOTE: If I remember correctly, UC or Casavant family members own/owned Part Time Management Inc. Such an arrangement would be considered a conflict of interests.

Picking up her direct examination, Ms. Hakala asked the witness who had signing authority on CMKM's bank accounts. To the best of my understanding, Mr. Casavant and his wife," Ms. Herring replied" As far as you know, has Carolyn Casavant ever been appointed a director or an officer or an employee of CMKM Diamonds?" Ms. Hakala asked.

NOTE: Obvious question is why? This issue may also become part of the class action suit against Urban Casavant. Again, failure to perform fiduciary responsibilities.

"I put 'unknown agreement' in there because I don't have a copy of the agreement," Ms. Herring said. "So yes, there were shares issued with a trading value at the time of $24-million. I do not have a copy of that agreement in my possession, which is why it says 'unknown agreement.'"
"Have you requested these agreements?" Ms. Hakala asked.
"Yes," said Ms. Herring.
"Well, when you ask people, where do they tell you that the files are?" the judge asked.
"'We have that somewhere,'" Ms. Herring replied. "'We have it.' That's what I've been told is, 'We have those documents.'"
"And who tells you this?" Judge Murray queried.
"I've been told that by Mr. Casavant, by Ginger, by James, that these documents are available," Ms. Herring said.

NOTE: More failure to perform fiduciary duties.

"And then in 2004, there are no expenses, so the bulk of it is made up in the transactions that were recorded as of December 31st, 2003," Ms. Herring testified, later adding that the beginning accumulated deficit balance from 2002 was $3.4-million.

NOTE: And what that means is that all those PRs about drilling, exploration and other bits about progress in 2004 were nothing but absolute lies. That certainly seems like fraud.

Now I am going to hit the sack! Good night all.
 
Posted by legaleagle on :
 
cmkxdiamond30
God of Diamonds

member is offline




Joined: Aug 2004
Posts: 933
~700B from AMTD alone???
Thread Started on Yesterday at 8:57pm

--------------------------------------------------------------------------------
hey guys - wanted to throw this though out there:

re: http://www.cmkxownersgroup.com/BillsResponsetoAmeritradeLetter.pdf

WOW. did anyone read this line twice like I did?

"The NOBO/OBO list dated April 27, 2005 indicates the totals of CMKX at Ameritrade as 180,519,376,324." - ok so 180B from Ameritrade, right? - then he goes to say...

"The statements from the shareholders I represent as less than one fourth of the total accounts which ADP reports you have in CMKX. I strongly believe that our shareholders represent a very fair cross section of shareholders. Our average holding per shareholder has remained fairly constant since we began accepting this information from CMKX shareholders" -

So tell me this... if 1/4 of the AMTD customers hold 180B shares, then all would hold 4 x 180 = 720B shares?

Then if Etrade is anywhere near that as well - Are there another ~700B from ET customers?

I might just be completely wrong, but when I read that ~25% of AMTD customers hold 180B shares, and the #'s on average have been fairly consistent, it really makes me wonder how short these suckers might really be in all this.

Then again who knows with CMKX! - Let's hope for a significant filing sometime this decade.

-cmkx30
 
Posted by Ric on :
 
What a moron, the 1/4 was said to hold 154 billion the total was 180 if the NOBO/OBO numbers are correct. At least if he reads it twice he could get that right also being a god of diamonds he should be able to read. And its still about 2.7 billion avg for those left. Thats possible. Frizzle lied when he said the avg was staying the same to. The Avg. was over 50 billion during the first letter. Its down to 36.6 Billion. That should be proof right there that the small holders are the last to respond.
 
Posted by Ric on :
 
Another thing is Frizzle demanding questions about Knight trading from Ameritrade. Ameritrade held shares of Knight. They didn't run knight. If Frizzle thinks a shareholder should know what the company is doing then he should demand UC tell us anything about CMKX. Ameritrade is going to laugh at that letter. To me they answered the questions in as if you want to know about an individual account give there name and they will address it. But unless every shareholder of CMKX in Ameritrade is represented then they can't answer for every account. The only thing they didn't answer is the total shareholders of CMKX and there total share count and unless Frizzle has permission from all accountholders they may not give that answer. Whether Frizzle wants it or not. I think Frizzle will have to take Ameritrade to court. But most of the questions asked were for Knight trading and the DTCC not Ameritrade.
 
Posted by ed19363 on :
 
I have read a ton of paperwork about this company. The only thing I can think about it all is that I am waiting for two things to happen.
1. CMKX is revoked. There appears to be no choice in this for the judge.
2. An arrest warrant is issued for Urban Casavant on the charge of selling fraudulent securities.
As far as the argument that CIM will save us all, CIM does not EXIST!!! Somebody surmised that "if CIM earns 700 million".....I ask "doing what?" Selling billions of worthless shares like CMKX? Sounds like the same scam run twice.
So far, I see nothing but a bunch of crooks running this company, promising and failing to deliver any paperwork that would prove anything. I just hope that whoever the lawyer running the class action suit knows what he is doing. IMO, thats the only way we will ever see any of our money again.
 
Posted by CashCowMoo on :
 
this topic is so polarized. its good to know that no later than july 17th we will know what is going to happen so theories, doubts, and predictions of the past can finally be put to rest
 
Posted by ACKCANE on :
 
Anyone else seeing .00 in their accounts for CMKX's value?
 
Posted by legaleagle on :
 
lowriderbill
Dr. Of Diamonds

member is online




Joined: Oct 2004
Gender: Male
Posts: 177
Location: Portland Oregon
Majority Ownership - The Trump card
Thread Started on Today at 4:38am

--------------------------------------------------------------------------------
Folks,

Here is a topic Dustybutler and I were discussing.

********************

Original message:

http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=225967

By: dustybutler101
14 Jun 2005, 09:21 PM EDT
Msg. 225967 of 226029
(This msg. is a reply to 225929 by dustybutler101.)
Jump to msg. #
LOWRIDERBILL/EVERYONE ELSE... REGARDING INSIDER SHARES!!

I need to offer a clarification to what I posted to LOWRIDERBILL earlier after doing additional DD on the insider shares question. Below is what the company has filed thru 8-k regarding the percentage of "majority shareholders" which may be construed as "insider shareholders".

8-K dated Feb 5, 2004 - change from CMKI to CMKX...
Urban represented 51% majority shareholders

8-K dated Mar 1, 2004 - change A/S from 300B to 500B...
Urban represented 65% majority shareholders

8-K dated Aug 18, 2004 - change A/S from 500B to 800B...
Urban incorrectly inserted the date 8/18/04 instead of a percentage of majority shareholders. The clause indicates that there was a majority in place for doing this change.


There has been nothing filed since these 8-Ks that specify the percentage of 'majority shareholders", ie: "insider shareholders" so there is no way to verify the current number of shares owned by insiders... imo.

If anyone has ANY verification of current insider share information, please post it at your earliest convenience.

thanks

********************

My reply:

http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=226029

Dustybutler - Re Majority Ownership...

Welcome aboard! It's good to see you over here. Your posts are much appreciated. I'll try to answer your questions as best I can.

**********

First, you are correct with regard to majority ownership for the three votes (name change, 200-500 billion increase, and 500-800 billion increase).

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=3331089

**********

Second, I also thought it was odd that the latest increase in A/S had "August 18, 2004" in the block for the majority vote until I read some of Phoenix Gold's DD. He stated that the Nevada Secretary of State website showed this majority vote could be bypassed if the entire Board of Directors voted to amend the Articles of Incorporation. This would lend credence to the idea that UC wanted to gain the 51% majority control of the company if he believed he was either being taken over or shorted to death, whether by insiders or outsiders.

One other thing Phoenix points out from the 14C is that common sense would tell us insiders would keep their ownership percentage at a consistent 85.8%. UC would have 8.3% himself while all others total 77.5%. However, UC is the only one with a beneficial owners clause that stipulates his percentage will automatically increase while all other insiders would have to "buy in". If you take 77.5% of 300 billion shares for the first increase that's 232,500,000,000 shares. At a price of $.0001 that's $23,250,000. They may have forked over that much additional but we don't know for sure yet. If they wanted to retain majority control they would have had to buy in. However, all they would have needed is 251 billion shares total at that time. Since they already had 77.5% of the 200 billion A/S (155 billion) they would have only had to purchase an additional 96 billion. At $.0001 that's $9,600,000. I would have a hard time believing they didn't do at least this.

http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=213865

http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=213866

**********

Third, what gets interesting is if UC did see some suspicious activity from insiders as illustrated by Phoenix. He could have had the BOD vote to increase the A/S to 800 billion, taken his 8.3%, and then sold the remaining shares into the market or to friendly hands. The funny thing is there wasn't enough time or volume to dump the remainder of those 300 billion shares into the open market between the August 18, 2004 increase in A/S and the August 23, 2004 UCAD dividend record date as illustrated in the link below.

http://www.noboxtrading.com/cmkx/volume.asp

So where did the remainder of the last 300 billion increase go? Well, I don't believe it's dilution like many have stated. I just don't think they're doing their homework. What is virtually the only way to sell shares legally without the paper or reporting trail? Remember, if a reporting company like UCAD purchases shares from CMKX then they have to report it in their filings so UCAD is out. We've been acquiring shares in GEMM with UCAD for a future merger or stand alone subsidiary so GEMM is out. We've been given shares in SGGM in exchange for claims, not the other way around so SGGM is out. My answer is private placement from a private company called CIM.

It is my belief that the reason Maheu doesn't own any shares in CMKX and that he filed to report such, is that he (and other friends) hold a significant amount of CIM through private placement. In turn, CIM purchased the remainder of the last 300 billion increase plus whatever they have been able to purchase on the open market since then. Think about it for a second. If Maheu and friends invest in CIM, nobody is word to the wise. It can all be done behind closed doors without any reporting! CIM is private and doesn't have to report it's purchase of CMKX stock to anyone! Since we don't have CMKX's filings that show insiders positions everything is still under the radar. So, IMO:

UC owns 8.3% of 703 billion = 60 billion

CIM owns 91.7% of 300 billion = 275 billion

UC purchases a minimum of 25 billion shares on the open market for $.0001 = $2,500,000.

Therefore, 60 + 275 + 25 = 360 billion shares. 704 billion * 51% = 360 billion shares.

IMO, forces friendly to UC control the 51% majority. As you stated in your post, there is nothing definitive at this point to prove my speculation though.

**********

In conclusion we have all speculated that the float may be as low as retail certificate holders if UC and other insiders hold the majority of the O/S. For instance:

UC's shares = 60 billion + 25 billion = 85 billion.

CIM's shares = 275 billion

Other Insider's shares = 251 billion.

60 + 25 + 275 + 251 = 611 billion shares.

704 billion - 611 billion = 93 billion.

Frizzell shows the OG has 33 billion in certs.

93 billion - 33 billion = 60 billion shares left.

Do you think it's possible UC purchased that remaining 60 billion shares for a measly $6,000,000? I do and I think our company and insiders control all of the O/S less the retail certificate holders.

**********

So Dusty, fire away! With what we heard from the OG and Frizzell today regarding Ameritrade, I think we are in the driver's seat for negotiations. Remember, it was Frizell's goal to document one trillion shares held in street name with no help from insider's holdings. He wanted to do it all from shareholder's account statements. I'll save the analysis on Ameritrade's numbers for another post. It's 1:30 am here in Portland and I'm beat. I hope this answers your questions and gives you a shot of optimism. Take care my man and we'll talk soon.

Ridin' low as always...

Lowriderbill
 
Posted by ed19363 on :
 
Ack, this has been discussed. When CMKX trades at .00006, it's rounded up to .0001. When it trades at .00004, it's rounded down to Zero. It's caused by the 5th digit, which average shareholders are not allowed to trade at. Just another way to scam our money.
 
Posted by ACKCANE on :
 
Thanks ed . . . I just hadn't seen it before.
 
Posted by bill1352 on :
 
i think in the interest of the shareholders frizzy needs to hire a shrink.


i have 1 question for ya Legal...do you search the web for the least thought out theories or do you already know which folks do the most drugs?

make that 2 questions...does any of these ppl read the trial transcripts stockwatch is posting??? yes they are condensed versions & yes maybe he is leaving parts out but what he is including is enough to see a pattern & if he changed the statements in any way he could be sued or even put in jail for libal. the ppl he has posted were to be cmkx witnesses yet the SEC thought they were great for their case & as it turns out the SEC was correct.
 
Posted by Upside on :
 
My current favorite is the one Legal copied by some guy named "rocketship". That one's a classic. If we're revoked, we're rich! Gotta love it.
 
Posted by ed19363 on :
 
Upside, dont pop the poor guy's bubble. If he thinks revoked=rich, just hand him another glass of Koolaid and consider the source.
 
Posted by ed19363 on :
 
I was just sitting here, bored, and started going back over some of the older posts, and an old song came to mind. I think it was in the glorious 60s that a guy came out with a song about Napoleon Bonaparte that went something like this.

They're coming to take me away, ha ha
They're coming to take me away, he he
To the funny farm, where life is beautiful all the time.
They're coming to take me away, ha ha he he ho ho.

I think we should start a movement to make this song the official CMKX fight song.
 
Posted by Ric on :
 
You know that when this gets revoked that this will be UC's master plan. To get revoked so he could get shorty were he wants him. That revoking the stock is the best thing that could happen. And in the end UC will reward all that stayed with the company. Not that this isn't already the cry from many. But to think this will end July 15th is diffently wrong. The theories will only get worse is all. The koolaide will be giving in 64 oz jugs instead of the 32 oz supersize.
 
Posted by bill1352 on :
 
lmao ed...i remember that 1 too...i agree, when i get home i'll search for a download & post it in the pro boards...lol...what is that tunes name? coming to take me away???
 
Posted by ed19363 on :
 
The song was called "They're coming to take me away", and was sung by Napoleon XIV, also known as "Dr. Demento".
The Lyrics are available if you search "coming to take me away on any search engine.
 
Posted by bill1352 on :
 
i'm going to download the song and set a link up....it must be heard to be a mascot song..lol
 
Posted by Ric on :
 
Was reading over on PB and it just amazes me. How can people lose a sense of reality like they have over there. UC won't except .17 a share to settle. No one will stand for less then .54 a shares. Every shareholder must be made a millionaire or its not fair. This is a .0001 stock with 703 billion O/S. I don't care if they shorted 60 trillion shares there is no way this would have that much value. You have to base valuation on what it would be if no shorting exsists. If nothing else that 703 billion o/s keeps coming back. Someone mentioned a penny and the people go crazy like there is no way we would settle for a penny a share. These people have lost there minds. The theories have been pushed so hard it is there reality now. This is like a new religion with a cult following. It really is. I can't see what they are thinking. That the investment world owes them for NSS even though the company refuses to tell them if its a scam or not. Geeze, the world is cut throat, you don't always get what you want just because you feel they owe you. Starting to wonder if some of these people might have a breakdown when and if they figure out the truth. 10 years from now rocking back and forth in a corner repeating over and over there will be a settlement soon, cmkx will make me a millionaire.
 
Posted by ed19363 on :
 
I'll take a penny....nobody has offered it tho....
 
Posted by bill1352 on :
 
i agree ric...its like those folks at the jackson trial..1 lady releasing doves for every not guilty...this is a guy that the state of california made a ne law over...the michael jackson law...it came from the '93 case where he paid off the kid with $25 million not to testify, a guy in which court testimony stated he had booze & porn for everyone kids included....had porn & vaseline on the nite stand where he spent almost every nite with a 12 yr old boy & these nuts not only let him go, ppl pray for it. they were crying & looking for a party on the not guilty verdicts. this SOB spent the first 30 days after marrying lisa marie in bed with a 12 yr old boy. the jury says he probably is a molester but not this time. so the fact that you have ppl thinking cmkx will still make them millionaires is not that shocking.
 
Posted by WinsumLosesum on :
 
I wonder if CMKX will be mentioned at this seminar...

http://www.allstocks.com/stockmessageboard/cgi-bin/ultimatebb.cgi/ubb/get_topic/f/8/t/014515.html?
 
Posted by Upside on :
 
quote:
. so the fact that you have ppl thinking cmkx will still make them millionaires is not that shocking.
It is to me. I don't understand it. Look at the history of deceit, failed promises, bogus p/r's, worthless dividends, outrageous o/s, etc., etc. and tell me how any sane individual can expect to become rich here. It just makes no sense to me.
 
Posted by Ric on :
 
I seen a comment about something. If Lee Web has the transcripts of the hearing and posting them then why didn't Frizzle? Could it be he doesn't want them out there for his members to see. Might be afraid the $25 would stop coming in if people knew the truth about this scam company?

I mean he already has the cult members. And the truth won't change there delusions. But those riding the fence in hope this isn't a scam. Well, he still wants there money too.
 
Posted by bill1352 on :
 
i was wondering were you can find them...i'm betting you need to pay somebody something for them. i say this because that comment included the idea that anything good about cmkx was being left out. not every word spoken is included but it sure sounds close to it. either way with what has been posted the only thing that could be left out that would change anything is everyone that gets on the stand screams April fools as they get down.
 
Posted by ed19363 on :
 
I got a letter today from the Frizz. Wants the personal info on my account shares, and probably $25 too. HE GETS NEITHER !!! I've been ripped off of enough money by this stock, I'll be damned if I'll pay some nitwit lawyer, too. He should send US $25 for the privelege of representing the poor, miserable shareholders of this (and I use the word loosely) company.
 
Posted by Ric on :
 
LOL, now this is so funny. Someone in Willy's room posted a link to a post from the CT forum by Legal. And they started talking about how you need to watch out going to the CT forum. That they are all wacko's. Willy lizzards room calling another group wacko's. Now thats funny.
 
Posted by legaleagle on :
 
Frizzell is accepting share counts from holders statements without charge. He is only trying to prove or disprove the naked short. If he is successful at proving it, you will profit ed, from the squeeze or settlement. But to each his own. Only those who chose to become members of the group, pay.
 
Posted by Ric on :
 
They proved NSS on global and guess what nothing. One man bought the entire o/s and still there was 60 million shares traded in a day. Good luck.
 
Posted by Ric on :
 
What I think is funny is that people believe that UC is working out a settlement. He may be, but its a settlement to stay out of jail. If there is proof of a NS then the OG will have to do a class action if they want a settlement and then I don't believe they will be able to get anything. So many people involved with off shore hedge funds dealing with the NSS issue. UC is a crook people and this will be revoked. The NSS is a separate issue and UC has never stood up for the investors or he would have said something by now about why CMKX is a good investment.
 
Posted by Upside on :
 
Forget the NS, even it's there no one is going to benifit by proving it. The only (slim) chance anyone has of making anything off of this is if somehow they avoid revocation and then through new managment, they become a real company. Shareholders would have to suffer through the mother of all reverse splits and then wait years while the new company actually tries to discover something.
 
Posted by Ric on :
 
exactly
 
Posted by Ric on :
 
CMKM hearing listens to two CEOs, one answers questions


2005-06-15 20:42 ET - Street Wire

Also Street Wire (U-*SEC) U.S. Securities and Exchange Commission
Also Street Wire (U-USCA) US Canadian Minerals Inc


by Lee M. Webb

CMKM Diamonds Inc.'s May 10 hearing before the U.S. Securities and Exchange Commission (SEC) saw two chief executive officers take the witness stand, but only one answered questions.

Rendal Williams, chief executive officer of U.S. Canadian Minerals Inc., a company with a number of ties to CMKM, provided answers to questions during both direct examination and cross-examination.

Urban Casavant, head of CMKM and the company's only officer, asserted his Fifth Amendment privilege and refused to answer any questions.

The administrative proceeding before Chief Administrative Law Judge Brenda P. Murray is to determine whether CMKM's stock registration should be suspended or revoked for failing to file periodic reports as required by U.S. securities law.

Leslie Hakala, assisted by co-counsel Gregory Glynn, presented the case for the SEC's enforcement division, which has the burden of proof in the case.

Lawyer Donald Stoecklein represented CMKM, with Anthony DeMint also registering an appearance on behalf of the company.

Bill Frizzell, a Texas lawyer, was granted limited third-party participation in the proceeding as counsel for a number of CMKM shareholders known as the Owners Group.

Before the hearing broke for lunch, the U.S. regulator called four witnesses including the company's auditor Neil Levine, who resigned effective the end of the hearing, Christopher Wall, an SEC information technology specialist, CMKM's transfer agent Helen Bagley and Suzanne Herring, an accountant hired in March.

The SEC called its fifth witness, Mr. Williams, when the hearing resumed at 2:45 p.m. following the lunch recess.

Walla Walla alumnus testimony

As previously reported by Stockwatch, U.S. Canadian Minerals has a number of connections to CMKM. Among other things, the two companies participated in a joint venture in the Fort a la Corne area of Saskatchewan. They also have some type of association with respect to a small gold mining operation in Ecuador.

Last year, U.S. Canadian Minerals peeled off 7.5 million shares to acquire a 5-per-cent stake in CMKM's mineral claims and reportedly went on to ante up $13.5-million in cash under a partially exercised option agreement to increase that stake by another 10 per cent. (All amounts are in U.S. dollars.)

Interestingly, the cash that U.S. Canadian Minerals reportedly funnelled into CMKM came from Mr. Casavant and four members of his family, according to an SEC filing.

U.S. Canadian Minerals and CMKM jointly hosted what was billed as a shareholders appreciation party in Las Vegas, Nev., last October. The revelry may have been somewhat muted by developments that unfolded just ahead of the party.

Mr. Williams's company declared a 3-for-1 forward stock split after the share price soared to a rather remarkable $18.75. Just as the split was to take effect, however, and just days ahead of the scheduled Las Vegas party, the SEC suspended U.S. Canadian Minerals on Oct. 28, 2004.

Following the suspension, U.S. Canadian Minerals was booted from the OTC Bulletin Board to the pink sheets where it has recently been changing hands for less than 40 cents per share.

U.S. Canadian Minerals is currently under investigation by the SEC and the company is now a delinquent filer.

Against that backdrop and the now apparently somewhat strained relationship between U.S. Canadian Minerals and CMKM, Mr. Williams was sworn in at the May 10 hearing.

Ms. Hakala's direct examination of Mr. Williams was relatively brief.

Mr. Williams testified that he was introduced to Mr. Casavant in January of 2004 by Ed Dhonau.

As Stockwatch has previously reported, Mr. Dhonau, whose full name is John Edgar Dhonau, has a number of ties to both CMKM and U.S. Canadian Minerals. Among other things, Mr. Dhonau's Nevada Minerals is involved in joint ventures with CMKM and he is the largest shareholder of U.S. Canadian Minerals.

According to Mr. Williams, soon after they first met, Mr. Casavant told him that CMKM "needed to be reporting."

"Did you tell him anything about that you thought he should be reporting or anything?" Ms. Hakala went on to ask.

"No," Mr. Williams replied. "I was rather surprised that he wasn't"

"Why were you surprised that he wasn't?" Ms. Hakala asked.

"I thought all public reporting companies had to be reporting," Mr. Williams answered.

"How did the conversation come up about the CMKM's reporting?" the SEC attorney queried.

"He just told me that he was working on becoming reporting," Mr. Williams said.

"Is that the only time you've ever discussed CMKM Diamonds' periodic reporting with Urban Casavant?" asked Ms. Hakala.

"No," Mr. Williams replied. "There have been a number of times that he told me that they were getting close to be reporting."

"How many times did he tell you that?" the lawyer asked.

"Over the last year?" Mr. Williams asked in return.

"In 2004?" Ms. Hakala clarified.

"Approximately ten to a dozen times," Mr. Williams said. "Ten to twelve times."

"Did Mr. Casavant ever give you a time by which CMKM Diamonds would be filing periodic reports?" Ms. Hakala asked.

"Yes, he did," Mr. Williams replied.

"When did he tell you that?" Ms. Hakala began another question. "First of all, when did he tell you that and then -- when did he tell you that?"

"I don't remember the exact date, but it was before the shareholders appreciation party last October," Mr. Williams testified.

"When was the shareholders appreciation party?" Ms. Hakala asked.

"It was approximately Halloween time," Mr. Williams said.

"And when he gave you a date by which CMKM Diamonds would be reporting, what date did he tell you?" the SEC lawyer asked.

"He told me that he was hoping to be able to announce that he was reporting at the party," Mr. Williams testified.

Ms. Hakala moved on to a different series of questions, asking Mr. Williams whether Mr. Casavant had ever shown him any CMKM financial statements or other books and records for the company. Mr. Williams testified that he had not been shown any such records.

"Did you participate in an interview with *************.com on or about October 18th, 2004?" Ms. Hakala went on to ask.

"Yes, I did," Mr. Williams replied.

As previously reported by Stockwatch, the Green Baron is a stock touting operation that has been beating the drum for CMKM as "the stock play of a lifetime." The tout service released a webcast of a so-called interview involving CMKM last October.

"Who else was interviewed as part of that interview?" Ms. Hakala asked.

"Mr. Casavant and I was," Mr. Williams replied. "We were both interviewed."

"Was that interview ever made publicly available?" the lawyer asked.

"I believe so," said Mr. Williams.

"Where were you when you were interviewed?" asked Ms. Hakala.

"The interview took place at Mr. Casavant's home in Las Vegas," Mr. Williams replied.

"Were you both there at the same time?" the lawyer asked.

"Yes, we were," Mr. Williams said.

"Are you familiar with Urban Casavant's voice?" Ms. Hakala queried.

"Yes, I am," said Mr. Williams.

With that, Ms. Hakala's co-counsel Mr. Glynn told the judge that the SEC wanted to play a recording of the Green Baron webcast.

That drew an objection from Mr. Stoecklein, who said the recording had been admitted into evidence and stipulated to, so there was no need to play it.

Judge Murray suggested that while she could read the transcript of the interview when she returned to Washington, playing the recording might be beneficial to the unusually large number of people in attendance at the hearing.

"Everyone of these shareholders -- and I'll ask them to raise their hands -- how many have heard?" Mr. Stoecklein queried the audience.

Evidently the crowd of approximately 50 CMKM shareholders had heard the Green Baron interview.

"How many don't want to hear it again?" Judge Murray asked.

Evidently the courtroom audience did not want to hear it again.

"Okay," said Judge Murray, apparently with some humour. "You're overruled."

During the playback of the 17-minute interview, Ms. Hakala had the recording stopped only once in order to have Mr. Williams identify Mr. Casavant's voice.

Shortly after the playback was finished, Ms. Hakala wrapped up her direct examination and handed the witness off to Mr. Stoecklein for cross-examination.

CMKM's lawyer began by eliciting testimony from Mr. Williams that U.S. Canadian Minerals was a pink sheet company with reporting obligations.

"Are you current in your reports right now?" Mr. Stoecklein asked.

"No, I'm not," Mr. Williams replied.

Mr. Stoecklein went on to ask for the name of U.S. Canadian Minerals's auditor, drawing an objection regarding relevance from Ms. Hakala. After Mr. Stoecklein asked for "just a little leeway," Judge Murray overruled the objection.

Mr. Williams identified the company's auditor as Kyle Tangel.

"Okay," said Mr. Stoecklein. "And your counsel?"

"Roger Glenn, Edwards & Angell, for the corporation," Mr. Williams replied.

Mr. Stoecklein then turned to some questions regarding the relationship between CMKM and U.S. Canadian Minerals.

"Right now we process their ore for them in Ecuador," Mr. Williams replied.

"What part of the mining operation, if any, does CMKM have?" Mr. Stoecklein later asked.

"CMKM owns a shaft in claims that they bring the ore out of the ground and then they deliver them to our processing facility where we process the ore for them," Mr. Williams said.

"And how do you share in that revenue?" Mr. Stoecklein asked.

"It is -- we divide the gold up 50-50 and the precious metals," Mr. Williams replied.

"So is it fair to say if you have revenues, then CMKM has revenues out of that mining operation?" Mr. Stoecklein queried.

"Out of the ore they give us, yes," Mr. Williams said.

Judge Murray intervened to suggest that Mr. Williams's answer seemed to conflict with the testimony of CMKM's accountant, Suzanne Herring, who had testified that CMKM did not have any revenue.

Mr. Williams testified that he could not remember the exact dates when the ore delivery began, but he guessed that $90,000 or $120,000 worth of gold had been processed in 2004.

"And if CMKM were to receive 50 per cent of that, would that money come back, flow into the United States?" Mr. Stoecklein asked. "What happens to that revenue stream?"

"The first revenues have been put back into the mine to develop it," Mr. Williams said. "I am -- I'm not sure. Nevada Minerals is the operator of the mine and it's our responsibility to give the money to them. What relationship they have with CMKM, I'm not sure what that would be."

Mr. Stoecklein followed up with some further questions regarding the Ecuador operation before Judge Murray intervened seeking some clarification.

"And what kind of a plant is this?" the judge asked. "What is this plant?"

"It's a processing facility for gold and silver," Mr. Williams replied.

"And your company owns it?" Judge Murray asked.

"Yes, we do," said Mr. Williams.

"And CMKM Diamonds owns one shaft?" asked the judge.

"They own a shaft that actually gets the ore out of the ground," Mr. Williams replied.

"So when you say Nevada Minerals operates the mine, does CMKM Diamonds operate a shaft?" Judge Murray queried.

"No," said Mr. Williams. "They're the owners of it."

"They own one of the shafts that Nevada Minerals operates?" asked the judge.

"Is the operator of down there, yes," Mr. Williams said. "But they're the owners of it, I believe."

"And who owns Nevada Minerals?" the judge wanted to know. "Is that a public company?"

"No," said Mr. Williams. "It's a private Nevada corporation."

"And who owns this private Nevada corporation?" Judge Murray asked. "Do you own part of it?"

"No, I don't," said Mr. Williams.

"Does Mr. Casavant, if you know?" the judge asked.

"Not that I'm aware of," Mr. Williams answered.

"Who owns it, if you know?" Judge Murray still wanted to know.

"John -- John Dhonau," Mr. Williams replied.

"Okay," said Judge Murray. "I don't understand your relationship -- your company's relationship to CMKM Diamonds."

"Right now we just process the ore that comes from their mine," Mr. Williams offered.

"That's all you do with them?" asked the judge.

"In Ecuador, yes," Mr. Williams replied.

Mr. Stoecklein delved briefly into the historical significance of the Ecuador mine known as the American mine before Judge Murray intervened with some more questions.

"What were your total revenues in 2003, 2004 and 2005?" Judge Murray asked. "You being U.S. Canadian Minerals, total revenues."

Mr. Williams testified that he would "have to check with the auditor for that," but it was approximately between $90,000 and $120,000 for 2004.

"Is that gross revenue or net revenue?" Judge Murray asked.

"Gross," said Mr. Williams.

He went on to testify that he did not have the numbers with him for 2005.

"Did you make anything?" Judge Murray asked.

"Yes, we did," said Mr. Williams.

"Gross revenues," Judge Murray remarked. "You realized some revenues in 2005."

"Yes, we did," said Mr. Williams.

The judge went on to ask how much money the company made in 2003.

"We weren't in operation then," said Mr. Williams.

"You weren't," said the judge. "So you've been in operation one year."

"Fourteen months, fifteen," Mr. Williams offered.

"Fourteen months," Judge Murray said. "What were your net revenues in 2004?"

"I don't have the numbers with me," Mr. Williams said.

"Were they positive or negative?" Judge Murray queried.

"It was positive," said Mr. Williams.

"Positive," said the judge. "Thank you."

Mr. Stoecklein picked up his cross-examination, asking Mr. Williams how much money U.S. Canadian Minerals had put into the Ecuador processing facility.

"I don't have an exact number yet on what we've put into that plant," Mr. Williams replied.

"But you've made an investment -- " Mr. Stoecklein began.

"A large investment, yes," said Mr. Williams.

"Would you make that large investment if you were not anticipating making revenues from that large investment?" asked CMKM's lawyer.

"No, I wouldn't," said Mr. Williams.

Judge Murray had some further questions at that point, asking Mr. Williams about the $90,000 or $120,000 generated by the Ecuador operation.

"Are these figures divided in half?" Judge Murray asked. "You only have half of it?"

"No," said Mr. Williams. "That's the total amount of gold and silver that we got out."

"So where does their half come in?" Judge Murray queried. "CMKM Diamonds -- "

"They come out of that," Mr. Williams said. "Their half came out of that."

"Their half came out of that," Judge Murray repeated.

"Yes," said Mr. Williams.

"So from this Ecuadorial, whatever it is, they -- CMKM Diamonds grossed between $45- and $60,000," Judge Murray remarked. "That's gross, that's not net. Okay."

Mr. Stoecklein had a few more questions, asking Mr. Williams whether U.S. Canadian Minerals had specialists in accounting dealing with mining issues. According to Mr. Williams, the company did have such specialists.

"So am I to assume that there are some complexities in doing the accounting for this mining operation?" Mr. Stoecklein asked.

"Yes," replied Mr. Williams.

"Have any of these complexities caused you to be late in your filings of your reports?" CMKM's lawyer asked.

"Must be because he said his filings aren't current," Judge Murray broke in. "Didn't you say that?"

"That's right," said Mr. Williams.

That concluded Mr. Stoecklein's cross-examination, but the judge had a few more questions.

"What is your educational background," Judge Murray asked.

"I have a BS degree in mechanical engineering," Mr. Williams replied.

"BS degree in mechanical engineering from what school?" asked the judge.

"And mathematics," Mr. Williams added.

"Math," said the judge. "From what school?"

"Walla Walla College," replied Mr. Williams.

"I'm sorry?" said the judge, apparently not recognizing the name of that school.

"Walla Walla College," Mr. Williams repeated.

Judge Murray asked Mr. Williams to spell that out.

"And where is that?" she went on to ask.

"In Walla Walla, Washington," Mr. Williams replied.

"I should have known," said Judge Murray. "I should have known. All right."

On further questioning, Mr. Williams testified that he had been involved in the mining industry for two years and before that he had a food company that manufactured soy milk and infant formula.

"And what would be the capitalization of your company?" Judge Murray asked. "How much have investors put into your company?"

"I don't have those numbers," Mr. Williams replied.

"Do you have any idea?" asked the judge.

"Not -- not exact, no," said Mr. Williams.

"Okay," said Judge Murray. "Yes."

With the judge's questions addressed, Mr. Frizzell began his cross-examination.

The lawyer representing the Owners Group drew from Mr. Williams that U.S. Canadian Minerals had a joint venture agreement with CMKM.

In response to a subsequent question from Mr. Frizzell, Mr. Williams testified that U.S. Canadian Minerals had invested in CMKM.

"How much money?" Mr. Frizzell asked.

"I don't have the exact dollar amount," Mr. Williams said.

"Did you also give some shares of your company to CMKM Diamonds?" asked Mr. Frizzell.

"Yes, we did," Mr. Williams replied.

"How many shares," Mr. Frizzell queried.

"I don't remember the exact amount," said Mr. Williams.

"Was it less than a million shares?" Mr. Frizzell asked.

"No," Mr. Williams replied.

"You know, don't you, what happened to those shares that you gave to CMKM Diamonds, Inc.?" Mr. Frizzell asked.

"Yes, I do," said Mr. Williams.

"What happened to them?" asked Mr. Frizzell.

"Mr. Casavant gave them to his shareholders," Mr. Williams replied.

Moving to another line of questioning, Mr. Frizzell wanted to know whether anything unusual had happened at the shareholders appreciation party in Las Vegas last October.

Mr. Williams testified that he had no recollection of anything unusual happening at the party.

"When did the SEC investigation into your company begin?" Mr. Frizzell subsequently asked.

"I don't know the exact date it started," Mr. Williams replied.

"In relation to this shareholders party," Mr. Frizzell said, drawing an objection from Ms. Hakala.

Mr. Frizzell argued that the timing of the investigation might very well relate to why Mr. Casavant was not able to make an announcement about reporting or some other things at the shareholders party.

"I think you're putting words in the witness's mouth," Judge Murray told the Texas lawyer. "He's told you he doesn't know."

"Somebody needs to put some words in his mouth and -- I don't mean -- " Mr. Frizzell stated, drawing another objection and a motion to strike from Ms. Hakala.

"Yeah, hold on," Judge Murray said.

"I'm not trying to be disrespectful," Mr. Frizzell said. "I'm just trying to get an answer to the question, Your Honor."

"No," said Judge Murray. "I take from the witness's demeanor that he's trying to tell the truth, and he has no idea what you're talking about.

"I don't think he's trying to get around your question. I think the gentleman honestly doesn't know what you're talking about.

"He has said he doesn't remember the date that the investigation started.

"Is that true?"

"I don't know when they started investigating me," Mr. Williams said. "That was his question. I know when I found out about it. I -- I know when he -- "

Mr. Frizzell tried to ask the question differently.

"Were (sic) there anything that happened at that party or right before that party that might have caused someone not to be announcing things that they wanted to announce at that party?" Mr. Frizzell asked. "To your knowledge."

"I don't know what other people were thinking," Mr. Williams said. "I wasn't planning on making any announcements at the party."

"Pass the witness, Your Honor," said Mr. Frizzell, ending his cross-examination.

Ms. Hakala rose for a short redirect.

"Mr. Williams, are you aware of anything that CMKM Diamonds was planning on announcing to shareholders at that party in Las Vegas," Ms. Hakala asked.

"No, other than Mr. Casavant said he was hoping to have his reporting done, but that's all," Mr. Williams replied.

"When did he tell you that?" asked the SEC lawyer.

"I don't remember the exact date," said Mr. Williams.

"Before the party, did you ever become aware that he would not be able to announce reporting then?" Ms. Hakala asked.

"No," Mr. Williams replied.

"Did anyone ever say to you that we were planning on making a statement or filing reports but because the SEC has done something, we aren't going to do what we were planning on doing?" Ms. Hakala later asked.

"No, they didn't," said Mr. Williams.

Ms. Hakala moved on to an attempt to throw some further light on the Ecuador operation.

Among other things, the SEC lawyer drew from Mr. Williams that half of the approximately $90,000 to $120,000 reportedly generated from processing ore at the U.S. Canadian Minerals facility was paid over to Nevada Minerals.

"Do you know what they did with the money?" Ms. Hakala asked.

"No, I don't," Mr. Williams replied.

"Do you know what financial arrangements Nevada Minerals has with CMKM Diamonds?" the SEC lawyer asked.

"No, I don't," Mr. Williams said.

"Have you ever had any conversations with Ed Dhonau about CMKM Diamonds owing money down there?" Ms. Hakala later asked.

"Yes, he has mentioned that CMKM Diamonds does owe him some money," Mr. Williams testified.

After a few more questions, Ms. Hakala wrapped up her redirect examination and Mr. Williams was excused.

The Fifth

Mr. Casavant was then called as the SEC's final witness. After being sworn in, Mr. Casavant stated and spelled his full name, Urban Armand Joseph Casavant, for the record.

"What is your occupation?" Ms. Hakala asked.

"Fifth," came the one-word reply from Mr. Casavant.

Gerald Griffin, one of two lawyers representing Mr. Casavant, rose to explain that his client would be asserting his Fifth Amendment privilege to all questions from the SEC.

After a brief discussion, Mr. Casavant was asked to read for the record the Fifth Amendment privilege he was asserting.

"Upon advice of counsel, I respectfully refuse to answer the question pursuant to the Fifth Amendment to the United States Constitution on the grounds that the answer may tend to incriminate me and/or subject me to fine, penalty, and/or forfeiture," Mr. Casavant read the prepared statement.

After a further brief discussion, it was agreed that Mr. Casavant could shorten the response to "Fifth Amendment" for subsequent questions.

"Mr. Casavant, where do you work?" asked Ms. Hakala.

"Fifth Amendment," said Mr. Casavant.

"What is the address there?" came the next question.

"Fifth Amendment," came the reply.

"And what is your role there?" Ms. Hakala asked.

"Fifth Amendment," said Mr. Casavant.

The SEC lawyer then asked Mr. Casavant to look at an exhibit of a Jan. 7, 2003, news release.

When the witness was asked whether he had found the exhibit by both the judge and Ms. Hakala, Mr. Casavant's other lawyer, David Chesnoff, rose.

"I don't want him to answer any questions so -- including that question," Mr. Chesnoff said.

"Fifth Amendment," Mr. Casavant chimed in.

Another discussion ensued, with Mr. Stoecklein raising an objection for the record about harassment.

"The witness has already testified that he's pleading the Fifth," Mr. Stoecklein said. "We need the record to reflect that this is harassment."

Mr. Chesnoff offered some thoughts, too.

"Your Honor, also in addition, just so the record is clear, the Fifth Amendment is a protection," Mr. Chesnoff said. "It's guaranteed to every U.S. citizen and every person within the jurisdiction of the United States.

"It's not any kind of acknowledgement of any kind of guilt or admission of any kind. It's rather a protection against the potential for the government to make accusations whether they're true or not.

"In addition, Your Honor, the Fifth Amendment protection avoids the possibility of the government putting somebody in what's characterized as a perjury trap or accusations that false statements are made.

"And in the history of SEC investigations, that's been a problem for people who have actually wanted to co-operate and find themselves not giving the answers that the SEC wants to hear and then subjecting themselves to prosecutions for false statements.

"So with that in mind, Your Honor, upon the advice of two counsel who are both advising him based on our experience, we're going to ask that he just decline to answer any questions, and most respectfully you, Your Honor, because I've been observing and I'm not trying to be discourteous because you run a great proceeding, but he's not even going to want to answer questions about whether things are in front of him or not."

In further discussion, the lawyers and the judge agreed that Mr. Casavant did have the right to assert the Fifth Amendment privilege in the civil proceeding.

There was also some discussion of the ramifications flowing from a company's chief executive officer asserting the Fifth Amendment privilege in a civil proceeding.

According to the SEC, an adverse inference could be drawn as to the company in that situation. Evidently that was Judge Murray's preliminary understanding, too.

"If the president of the company takes the Fifth Amendment and there's an adverse inference to be drawn, it says if the president of the company answered the questions truthfully, it would damage the company," Judge Murray said. "It would be adverse to the company's position in this case.

"I think now you all lawyers can argue about that on a brief, but that's my understanding, but I'll have to read up on the law. Okay.

"Well, let's just finish with the witness if we can. So you want to make a record that you're asking him specific questions that he's refusing to answer them, so let's hear the question."

With that, Ms. Hakala returned to the Jan. 7, 2003, news release, reading a sentence from it for the record.

"The purpose of the audit is to make sure that every shareholder of record is identified for CMKI's mandatory share and cash dividend policy," Ms. Hakala read out.

"Mr. Casavant, was a shareholder audit ever done?" the SEC attorney queried.

"Fifth Amendment," said Mr. Casavant.

"Was every shareholder of record identified?" the lawyer asked.

"Fifth Amendment," said the witness.

"Is it your intention to assert the Fifth Amendment privilege against self-incrimination as to all questions regarding the shareholder audit?" asked Ms. Hakala.

"Fifth Amendment," said Mr. Casavant.

Ms. Hakala turned next to the minutes of a Jan. 12, 2003, special meeting of the company's board of directors authorizing the issuance of shares.

"Mr. Casavant, did CMKM Diamonds or, as it was formerly known, Casavant Mining Kimberlite International, issue stocks to over 300 shareholders of record on Jan. 12, 2003?" Ms. Hakala asked.

"Fifth Amendment," was the reply.

"Were those shares issued for field work in Canada?" the lawyer asked.

"Fifth Amendment," said Mr. Casavant.

And so it went, with Ms. Hakala posing questions regarding a number of exhibits including press releases and a July 22, 2003, Form 15 filed with the SEC claiming that the company had less than 300 shareholders.

To every question, Mr. Casavant intoned, "Fifth Amendment."

Mr. Casavant asserted the same privilege when asked whether he knew Mr. Williams and when asked about conversations he had with the chief executive officer of U.S. Canadian Minerals.

"Is it your intention to assert the Fifth Amendment privilege against self-incrimination as to all questions regarding steps taken by CMKM Diamonds to prepare periodic reports?" Ms. Hakala asked as she was nearing the end of her direct examination.

"Fifth Amendment," said Mr. Casavant.

"And is it your intention to assert the Fifth Amendment privilege against self-incrimination as to all questions regarding CMKM Diamonds?" Ms. Hakala queried.

"Fifth Amendment," said Mr. Casavant.

That ended Ms. Hakala's examination.

Not surprisingly, neither Mr. Stoecklein nor Mr. Frizzell had any cross-examination.

Before the witness was excused, Judge Murray drew from his lawyers that neither one would be billing CMKM for representing Mr. Casavant.

As Mr. Casavant stepped down, Ms. Hakala told the court that the SEC had concluded its direct presentation in the case.

Stockwatch will review testimony from CMKM's witnesses in following articles.

The saga continues.

Comments regarding this article may be sent to lwebb@stockwatch
 
Posted by imakmony2005 on :
 
WOW RIC, LONG POST, NICE ONE.
 
Posted by Ric on :
 
People were trying to say what UC took the fifth for. There are many parts to the fifth. It is interesting which part he used for taking the fith.
-------------------------------------

After a brief discussion, Mr. Casavant was asked to read for the record the Fifth Amendment privilege he was asserting.

"Upon advice of counsel, I respectfully refuse to answer the question pursuant to the Fifth Amendment to the United States Constitution on the grounds that the answer may tend to incriminate me and/or subject me to fine, penalty, and/or forfeiture," Mr. Casavant read the prepared statement.
 
Posted by legaleagle on :
 
and/or forfeiture
 
Posted by legaleagle on :
 
Not incrimination, not fines, not penalties. FORFEITURE of his company to the "sellers".
 
Posted by Ric on :
 
roflmao
 
Posted by Ric on :
 
The reason I laugh at that legal is if UC couldn't talk about the contract with the so called "sellers" he could have taken fifth on that matter. Plus he can talk about it if its court ordered and guess what he was in court. All he had to say is a court has to order the release of that information under the company contract and I am sure the judge would do it for him. So thats bull legal, and you really know it deep down. I am sure your not that heavy of a koolaid drinker.

Plus if it was a company issue for which he needed to take the fifth then why do you need a personal lawyer. You don't. Your corporate lawyer can advise you on the legal issues for the company. You don't need personal lawyers for that. But you are right in one sense. If UC didn't take the fifth then he would have been found breaking the law and would lose the contracts that way. Because if UC is found to have broke the law then he loses the claims. In that sense your right about the Forfeiture part.
 
Posted by bill1352 on :
 
i think he took the 5th across the board so as not to give away what area he was worried about. for instance the form 15. it stated because of 300 shareholders not under 500 & $10 million cap, which of he didn't qualify for either. had he answered questions & then took the 5th there red flags would have hit everyone in the courtroom. lying on those forms is illegal & there is no way it was a pure lie. the only advice of council came from bar stool buddy's. i'm sure he wanted no part of where that jade is, the shares to who & why, how many shares he owned or family, why his wife was signing checks when he was at the races and a further list of questions as long as the o/s.
 
Posted by Wallace#1 on :
 
I think he took the 5th because he is afraid of prosecution in any number of areas including fraud, purposeful failure to perform fiduciary responsibilities, illegal issuances of securities, creating and running a scam operation, consorting with others to defraud shareholders, illegally allowing wife to sign company checks, illegal promotion of securities, lying on public statements to shareholders, theft of corporate assets, violating Nevada and Federal securities laws and more.

I think he is and should be scared sh:tless of litigation!!!
 
Posted by ed19363 on :
 
Today's rumors:
USCA is buying our mineral claims for 14 billion shares of USCA.

NSS has been proven beyond a doubt, however, the info cannot be used in court.

SGGM has found gold just below the four presidents, but cant get permission from the parks department to dig a mine there.

Diamonds have been discovered in the Florida Everglades, but they all appear to have a green tint to them.

UC has sold his house and put a down payment on a place in Argentina, supposedly because Argentina has no extradition treaty with the U.S.

Remember these are only rumors, do your own DD before making any slippery moves.
 
Posted by ed19363 on :
 
Oh, and the best one:
USCA, CMKX, SGGM, and about 8 other companies are all merging just before the July deadline. The code for the newly formed company will be


PUKE
 
Posted by legaleagle on :
 
♠ CMKXTREME ♠
DIAMOND ADMIRAL

Member is offline


CAN UC MAKE YOU A MILLIONAIRE...YEA RIGHT "WHEN PIGS FLY"




Joined: Jul 2004
Gender: Male
Posts: 10,972
Location: Louisiana
Karma: 72 Weird Thing Just Happen With E-Trade>>>
Thread Started on Today at 1:17pm

--------------------------------------------------------------------------------
I call E-Trade for the 3rd time today and the 1st guy I talked to didn't know anything, so I ask to talk to his boss, waited about 25 min on hold and then this other guy comes on and could not tell me anything....Finally I said let me talk to the highest person there right now...so another 25 min on hold and finally I got this girl that told me something was going on and they are all working on it and we should all know soon....I ask her if she could let me know the 1st second it could be made know to let me know and she will through my E-Trade Alerts....

now the weird part is we were talking small talk, I asked her how many CMKX customers she got today and she said over 100 and I told her I feel sorry for the people who invested their life saving on this stock and if it turnd out to be a scam and them lose everything they worked so hard for,

and she said

Quote "They will not have to worry about anything"

Then I said what do you mean by that...

and she said she can't say anything else about it and that she already said to much....

Take it for what it is worth, but all of you know me and I would not make something up....

Thanks,

Dave
 
Posted by ed19363 on :
 
Yeah, my mailman's wife's brother's upholsterer said the same thing last week.
 
Posted by Thorn on :
 
Well, whether the money is good or gone, they will not have a thing to worry about anymore if it comes to a conclusion XD.
 
Posted by ed19363 on :
 
My goodness, it must all be true !!!!
USCA just went up a penny !!!!
Our problems are over.....
 
Posted by legaleagle on :
 
JAY_ADOBE BREAKS SILENCE! WHAT A PERDICTION! WE WILL WIN!
By: jay_adobe
16 Jun 2005, 09:40 AM EDT
Msg. 998072 of 998559
Jump to msg. #
As predicted, notice that heads are starting to roll. Resignations and departures are occurring at an unprecedented and unique pace. Activities with brokerage accounts are relatively 'bizarre' and unexplainable, as they seek relief from their woes. Your USCA is not worthless, as you well know. We are on the cusp of great things. Patiently wait. Just wait. It gets better rapidly. This unfolds very methodical and calculated, and the final chapter in the book is already written, you just cannot read it yet. It is all part of the very well-scripted plan of attack that will ensure shareholder wealth. Have a great next few days. I am off for now. imo
 
Posted by bill1352 on :
 
JAY_ADOBE BREAKS SILENCE! WHAT A PERDICTION! WE WILL WIN!
By: jay_adobe
16 Jun 2005, 09:40 AM EDT
Msg. 998072 of 998559
Jump to msg. #


I am off
--------------------------------------------------------------------------------


i agree with this part of the post....lol
 
Posted by ed19363 on :
 
He left off the part about the rocker......
 
Posted by Upside on :
 
Originally posted by Bill1352 & Legaleagle:
quote:
quote:
--------------------------------------------------------------------------------
Originally posted by bill1352:
new info...CMKX is in default as of 5.01.2005...sounds like they didn't pay the state fees to stay registered in nevada. ya think maybe they figured why waste the money???


https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?CorpID=446994
--------------------------------------------------------------------------------

Failure to file their list of officers. No biggie.

Don't you find it strange though that exactly one month later CMKXTREME's list of officers was due and they had the wherewithal to get that one filed?
 
Posted by Ric on :
 
CMKM hearing listens to octogenarian co-chairman Maheu


2005-06-16 21:02 ET - Street Wire

Also Street Wire (U-*SEC) U.S. Securities and Exchange Commission


by Lee M. Webb

CMKM Diamonds Inc.'s May 10 hearing before the U.S. Securities and Exchange Commission (SEC) listened to Las Vegas, Nev., businessman John E. (Ed) Dhonau testify on behalf of the pink sheet promotion before the company's trophy octogenarian co-chairman Robert Maheu took the stand.

Chief Administrative Law Judge Brenda P. Murray presided over the evidentiary hearing to determine whether CMKM's stock registration should be suspended or revoked for failing to file periodic reports as required by U.S. securities regulations.

Lawyers Leslie Hakala and Gregory Glynn presented the case for the SEC's enforcement division, which has the burden of proof in the proceeding.

Donald Stoecklein of the Stoecklein Law Group represented CMKM. Anthony DeMint, managing director of the Securities Law Institute, a company closely associated with Mr. Stoecklein, also registered an appearance on behalf of CMKM.

Bill Frizzell, a lawyer from Texas, was granted limited participation on behalf of a number of CMKM shareholders known as the Owners Group. During the proceeding, Judge Murray also gave Mr. Frizzell leave to cross-examine witnesses.

As part of its case, the SEC called six witnesses. The U.S. regulator led off with Neil Levine, an auditor hired by CMKM in January. Among other things, Mr. Levine testified that he had not been provided with any documents by the company, notwithstanding many requests, and had not even started the auditing process.

In something of a bombshell, Mr. Levine told the court that he was terminating his engagement with CMKM effective the end of the hearing. The auditor said that neither he nor his firm wanted to be associated with a company like CMKM.

After some brief testimony from SEC information technology specialist Christopher Wall, the U.S. regulator called the company's transfer agent, Helen Bagley, and then moved on to CMKM's latest accountant, Suzanne Herring.

Ms. Herring testified about her efforts to reconstruct the company's financial records, which were previously nonexistent. The accountant testified that CMKM had no revenues through the end of 2004 and the still spotty reconstruction indicated that the company had a $36.5-million accumulated deficit. (All amounts are in U.S. dollars.)

Rendal Williams, chief executive officer of associated company U.S. Canadian Minerals Inc., also testified for the SEC. Among other things, Mr. Williams said that CMKM's chief executive officer Urban Casavant had told him 10 or 12 times during 2004 that the company was close to filing its required SEC reports.

Rounding out its witnesses, the SEC called Mr. Casavant, reportedly the company's only officer. Mr. Casavant asserted his Fifth Amendment privilege against self-incrimination and refused to answer any questions.

The SEC then handed off to Mr. Stoecklein, who called Mr. Dhonau as CMKM's first witness.

Gut check

As reported in previous Stockwatch articles, Mr. Dhonau is a rather significant presence in a web of relationships involving CMKM.

Among other things, Mr. Dhonau's privately held Nevada Minerals has been involved in joint ventures with CMKM and closely associated U.S. Canadian Minerals. According to hearing testimony, he introduced Mr. Casavant to Mr. Williams.

Mr. Dhonau is the largest shareholder of U.S. Canadian Minerals and at one time he controlled at least 75 billion shares of CMKM.

Mr. Stoecklein asked Mr. Dhonau to explain the relationship between his Nevada Minerals and CMKM.

"Well, it has a couple different facets," Mr. Dhonau began. "My first involvement was through Canada.

"I met Mr. Casavant in November of '03 and he actually is the gentleman responsible for my involvement in acquiring claims up in the Saskatchewan Fort a la Corne area in the diamond claims.

"And currently I'm the operator of another entity that CMKM Diamonds owns in Ecuador called the American shaft."

"The diamond mines that CMKM owns in Canada, have you ever been an owner of any of those diamond mines?" Mr. Stoecklein asked.

"Of the diamond claims?" Mr. Dhonau asked in return, perhaps suggesting a correction.

"Yes," said Mr. Stoecklein. "The claims. Excuse me."

"Yes," Mr. Dhonau said. "On my first early flush of the diamond claims, I claimed approximately 500,000 acres during the early months of 2004."

"Is it fair to say you have a fair degree of knowledge in the mining claim area pertaining to these diamonds up in Canada?" asked CMKM's lawyer.

"I've spent some time studying it and talking to the government agencies up there, yes," Mr. Dhonau replied.

Mr. Dhonau went on to testify that apart from its interest in 500,000 acres held by Nevada Minerals, CMKM had claimed approximately a million acres in Saskatchewan.

"Are you familiar at all with valuations of mining claims?" Mr. Stoecklein asked.

"Well, just through my own experience as being in a private company, we do a cost basis," said Mr. Dhonau. "I do know, you know, some companies go out and they get independent evaluations done by the core samples or findings that they actually get in their own soil samples."

"Is there any way for you to tell the Court today in terms of the value, because one of the issues we have here today is valuation," Mr. Stoecklein began. "Can you -- "

That drew an objection from Ms. Hakala.

"Mr. Dhonau is not an expert in accounting for mining claims or anything else," the SEC lawyer said.

"One of the issues we have here today is valuation?" Judge Murray queried.

"Yeah, yes, it is," Mr. Stoecklein said.

"I thought the issue was filing reports required by the SEC and whether or not they have been filed," Judge Murray said. "And if they hadn't been filed, what to do about it."

Mr. Stoecklein suggested that he should be given "a little leeway."

"I don't see why we can't get a little testimony in as to the viability of this company and in terms of its reporting capabilities," Mr. Stoecklein argued. "I mean, is it viable? I would think Your Honor would want to know that information."

"We just had the president, the chief executive officer of the company on the stand," Judge Murray said. "He refused to answer a question. The best source of information refused to answer a question."

CMKM's lawyer suggested that Mr. Dhonau was a more capable witness, "irrespective of the Fifth."

"No," Judge Murray decided. "I've tried to give you a lot of leeway. You're asking one gentleman to value the assets of another company and that's pushing it. I'll sustain the objection."

Mr. Stoecklein moved on to another line of questioning, drawing some rather lengthy answers from Mr. Dhonau that perhaps shed a bit of light on the extent of his mining knowledge.

"Mr. Dhonau, could you explain to the Court the relationship between Nevada Minerals and CMKM Diamonds and U.S. Minerals as it relates to the properties in Ecuador?" Mr. Stoecklein asked.

"Where there's similar relationships would be -- the only relationship that CMKM Diamonds has in Ecuador is the American shaft," Mr. Dhonau began. "Your Honor, it's a mine that has thirteen levels. It's the -- what they call the main corridor, the ore of province down there.

"The ore is brought up through -- to the surface through this equipment, this shaft, and from that it's taken over to U.S. Canadian to their Yellow River plant to be processed to be turned into gold for, you know, selling it to the open market down there."

"How do you handle the accounting of the gold that's processed through the ore through the American shaft?" Mr. Stoecklein asked.

"Minera Nevada is a subsidiary of my corporation," Mr. Dhonau said. "We had to have an operating presence by law in Ecuadorian business license and have accounting processes also in place. We have a bookkeeper and several assistants down there.

"Part of the process that they do is they get the ore loads out by the plant manager, the gentleman who is our geologist, at the American shaft.

"Once that ore is sent over to the Yellow River plant, it's also assayed and measured for weight and there's a report that's compiled.

"And once it goes through the grinding process -- it goes through a -- various steps of collecting the gold.

"Once it goes through the grinding process, it collects the free gold. That's also weighed and measured.

"And then the sand is created and the sands is put into a cyanide-sealed tank to be separated from the dirt process into gold.

"And all those are put in the reports that are surrendered to all three entities, Minera Nevada being the main gatekeeper of that paperwork.

"And once it's been turned into gold, then the contract that is between the two companies, the two public companies here, Minera Nevada and U.S. Canadian, they do a 50-50 gross revenue split, all for the goal each one taking care of their own expenses for their side of the process."

On further questioning, Mr. Dhonau testified that Minera Nevada handled the accounting functions for the Ecuador operation.

Mr. Stoecklein went on to ask whether there were any complexities involved and whether Mr. Dhonau had hired a specialist to handle the accounting.

"Oh, well, in Minera Nevada we actually have a gentleman that's our senior accountant," Mr. Dhonau said. "Here in the states, we call him a CPA. And he has, like I say, three assistants in helping him make sure we get these reports done.

"As far as complexity, the only complexity we've had, Yellow River has been going through a growth stage since the October purchase of the American shaft. It was unable to process the sands, and the sands have now collected on three different pieces of property owned by U.S. Canadian."

Judge Murray broke in, telling Mr. Dhonau that he had lost her with his last answer.

"Yellow River is the name of the Ecuadorian operation?" the judge asked.

"It's the processing plant owned by U.S. Canadian Minerals," Mr. Dhonau replied.

"And that fellow just said he just bought it in the beginning of 2004, I think," said Judge Murray, a reference to previous testimony from Mr. Williams.

"He bought the raw property," Mr. Dhonau said.

"He bought the raw property," Judge Murray remarked. "Well, with the raw property goes the processing plant; right?"

"Well, the plant got under construction in September," Mr. Dhonau replied.

"Oh, so there was no plant there?" Judge Murray asked.

"They had a Chilean mill, it's just a grinding process, to collect what they call free gold," Mr. Dhonau said. "And you can only get like 40 per cent of the actual gold out of the ore. You lose a lot of it through the process.

"So because of the American shaft and the ore opportunities in that region, U.S. Canadian started developing a more complex, sophisticated processing plant."

Mr. Dhonau went on to say that "the final phase of that turns on in the next week or so down there in Ecuador, the cyanide processing site."

Mr. Stoecklein returned to his direct examination, eliciting testimony from Mr. Dhonau that CMKM had invested approximately $1.2-million in the Ecuador operation.

Mr. Dhonau also explained that his company received "20 per cent of the revenue collected by CMKM Diamonds to supply the management team that runs the operation."

"Does CMKM have an outstanding or a defaulted liability with you today?" Mr. Stoecklein asked.

"We have served them with a default letter, yes, of which this past week Mr. Casavant and I have came to an agreement of which I'm going to take possession of the sands," Mr. Dhonau said. "I don't know the correct Ecuadorian term yet. Here we'd call it a UCC1, but we are going to take possession of the sands down there to collect the shortage that CMKM has failed to pay down in Ecuador."

"And that has cured, then, any default they had?" Mr. Stoecklein asked.

"There's roughly -- yes, we believe the value of the sands is far more than their debt as of this date," Mr. Dhonau said.

Upon being questioned by Judge Murray, Mr. Dhonau said that CMKM owed him approximately $180,000.

That completed Mr. Stoecklein's direct examination.

Mr. Frizzell did not have any questions for Mr. Dhonau, so Judge Murray invited Ms. Hakala to cross-examine.

"Mr. Dhonau, have you ever seen any financial statements from CMKM Diamonds?" Ms. Hakala led off.

"No, ma'am, I have not," Mr. Dhonau replied.

"Do you know when CMKM Diamonds will be able to file periodic reports?" the SEC lawyer subsequently queried.

"No, ma'am," said Mr. Dhonau.

Ms. Hakala then turned to a couple of questions about what might well be characterized as Mr. Dhonau's first chance encounter with Mr. Casavant.

"You said you met Urban Casavant in November of 2003; is that correct?" asked Ms. Hakala.

"That is correct," Mr. Dhonau said.

"Did you meet him at the slot machines?" asked the SEC lawyer.

"Yes, ma'am," Mr. Dhonau replied.

Ms. Hakala moved on to some questions regarding the revenue from the Ecuador operation, drawing from Mr. Dhonau that CMKM would only have received 80 per cent of the $45,000 or $60,000 representing its half of money reportedly generated in 2004.

"Did they get that?" Ms. Hakala asked.

"No, they did not," Mr. Dhonau said.

"Why not?" asked the lawyer.

"It was reallocated by Mr. Casavant's request to cover up -- they were short air compressors to fulfill the mining obligations to create a safe environment for the miners," Mr. Dhonau testified.

"You used to own 75 billion shares of CMKM Diamonds stock, didn't you?" Ms. Hakala asked further into her cross-examination.

"Yes, ma'am," Mr. Dhonau replied.

"What happened to that stock?" the lawyer asked.

"I surrendered them back to CMKM for a non-recourse note in December," Mr. Dhonau said, later adding that the note was for $2-million.

"Why did you do that?" Ms. Hakala queried.

"In light of the investigation and what I had discovered in November, I just felt it was best for my company and my own well-being to separate from the companies," Mr. Dhonau said.

"You no longer wanted to own shares of CMKM Diamonds?" asked the lawyer.

"That's correct," Mr. Dhonau said.

Judge Murray had some questions about the $2-million note.

"Did you cash it?" Judge Murray queried. "Did you cash it? You actually got $2.2-million?"

"A note," Mr. Dhonau explained.

"A note," said Judge Murray. "Have you foreclosed on the note?"

"No, ma'am," said Mr. Dhonau. "It's not due until December."

Ms. Hakala returned to her cross-examination.

"What did you discover in November that made you no longer want to own shares of CMKM Diamonds?" the SEC lawyer wanted to know.

"It was just the -- it was a personal emotional reaction off of what was happening to the investigations," Mr. Dhonau said.

"Can you elaborate on that?" Ms. Hakala asked.

"It was just nothing more than a -- a gut feel of myself and -- and after my deposition, I felt it was best for my company to stand alone as a private corporation," Mr. Dhonau said.

"And no longer wanted to own shares of CMKM Diamonds stock?" Ms. Hakala asked.

"Correct," said Mr. Dhonau.

Ms. Hakala passed the witness back to Mr. Stoecklein for a short redirect.

After eliciting testimony from Mr. Dhonau that Mr. Casavant had told him that he wanted to be a reporting company, CMKM's lawyer tried to get back to the subject of valuation by using a different approach.

"Have you put a value on your mining claims in Canada?" Mr. Stoecklein asked.

"I know where I wish they would be valued at one day," Mr. Dhonau ventured. "Oh my -- to give you the answer, I am on a cost basis only on that particular thing, but I have invested in Canada based on the information that I gathered as I testified earlier."

"I assume you haven't had an offer to sell those claims?" Mr. Stoecklein asked.

"No, I have not," said Mr. Dhonau.

Mr. Stoecklein had no further questions, so Mr. Dhonau was excused.

Greybeard champion

Mr. Stoecklein next called Mr. Maheu to testify on behalf of CMKM.

As previously reported by Stockwatch, Mr. Maheu's long and interesting career included a stint as an FBI agent, some undercover work, cut-out work for the Central Intelligence Agency, private investigation work and approximately 10 years spent working for billionaire Howard Hughes before he was fired in 1970.

The 87-year-old Mr. Maheu is clearly held in very high regard by CMKM's faithful followers. Indeed, he is their latest champion. The approximately 50 CMKM shareholders who attended the administrative proceeding awaited his testimony with great anticipation.

After the witness was sworn in, Mr. Stoecklein asked Mr. Maheu to state and spell his name for the record. He then turned with a request to Judge Murray.

"Your Honor, for purposes of not putting his personal address on the record, I'd rather not ask him that question because I do have concern with the Internet and everything with his personal address," Mr. Stoecklein said.

There was no objection from the SEC, so Judge Murray let it pass.

Mr. Maheu told the court that he had joined CMKM's board of directors as co-chairman in early February at the request of Mr. Casavant.

"I'm a little curious now, in terms of CMKM Diamonds, why you would have taken the position of coming on as a board member," Mr. Stoecklein subsequently prompted.

"Well, I've always been challenged -- I mean intrigued with challenges and difficult assignments," Mr. Maheu began. "I'm also interested in the plight of stockholders wherever they may be.

"I happen to have lived my life in such a way that I've never feared a full background investigation, and I thought that I could make a contribution."

"What background would you have that you believe would help this company, CMKM Diamonds, to do anything in terms of corporate management?" Mr. Stoecklein asked.

"Well, I understand the necessity of a publicly held company to be compliant," Mr. Maheu said. "And I'm not a novice in the world of being in compliant -- of an entity being in compliant.

"I had the privilege 50 years ago to set up the security and compliance divisions of the Small Defense Plant Administration. It was an entity that had been structured by the government to help start-up companies and small businesses.

"I learned very early on that you cannot help the ills of a small company or any company just by flowing money in their direction. I learned the value of compliance. And I made sure that the Small Defense Plant Administration was always in compliance.

"By that, I mean if, in fact, we made a contribution to a small business, we made sure that the money was used within certain parameters."

"What was the job that Mr. Casavant expected from you as a board member?" Mr. Stoecklein asked.

"I don't know exactly what he expected from me, but I can tell you what I told him," said Mr. Maheu. "That if I took on this assignment, I would surround myself with a team that would hopefully clear up mistakes of the past that might have been made, and that I would insist that from hence on that the company be responsive and comply with all regulatory agencies."

"Did you have any apprehension about joining the board of a company that had been under an SEC investigation?" Mr. Stoecklein asked.

"No," said Mr. Maheu.

"You didn't know about the investigation before you joined the board, didn't you?" Mr. Stoecklein asked rather awkwardly.

"Well, no, I knew there were problems, but that did not bother me," Mr. Maheu said. "I've been there before."

"But let me ask the question again," Mr. Stoecklein suggested. "Did you realize when you joined the board that there was, in fact, an SEC investigation?"

"Oh, yes, I did," Mr. Maheu said.

Mr. Maheu went on to testify that he was being paid $40,000 per month as a board member.

"A month?" Judge Murray queried.

"A week," Mr. Maheu replied, then corrected himself. "A month. Month. I'm sorry. I'm -- I was trying to get a raise."

"You did," Judge Murray quipped. "You did."

Following that exchange, Mr. Stoecklein picked up his direct examination.

"You mentioned a moment ago of the reasons why you joined the board," Mr. Stoecklein said. "What has been accomplished, in your mind, in terms of compliance?"

"I think that we have put together a team that has complied with my request and I hope that the work product that we're producing now will be evidence that we have tried," Mr. Maheu replied.

Judge Murray had some questions regarding that testimony.

"Could I just ask, have you been in the courtroom and heard the testimony of some of the prior witnesses?" the judge asked.

"I have not, Your Honor," Mr. Maheu replied.

"Well, would it surprise you that -- and counsel correct me if I'm wrong -- that some of the prior witnesses have said in the period since you joined after February of 2005, that they requested data, books and records from the company and were not able to get them as of yesterday or today?" Judge Murray asked.

"I'm not familiar with that testimony," said Mr. Maheu.

"How can they have -- if I'm correct that they did so testify, and the record will say whether they did or they didn't, how can they have given that testimony if you're sitting here and telling me that since February your team has made all these great forward progress towards fulfilling the reporting requirements?" Judge Murray queried.

"To my knowledge, they have furnished the information that we have requested," Mr. Maheu said. "I'm not aware of the testimony to which you refer."

"Who's 'we have requested?'" asked Judge Murray.

"That I have requested," Mr. Maheu said. "It was my duty to request it and I have requested it."

As Judge Murray continued, Mr. Stoecklein attempted to intervene, suggesting, among other things that people do not generally go to a board member who had just joined the company a short time ago in order to obtain documents from several years ago.

"But he says he's been on the board since February and he's shaping the company up," Judge Murray said.

"That's correct," Mr. Stoecklein said.

"And, yet, the accountants have been looking for information since February and this is May and they haven't been getting the information and he doesn't know anything about it," Judge Murray said.

"Are you suggesting that Mr. Maheu would have that information from three years before he joined the company?" Mr. Stoecklein asked the judge.

"Well, he should know that the accountants were looking for it and haven't been able to get it," Judge Murray said.

"Am I correct that you were unaware that accountants have been asking for information since February, March, and April and haven't been able to get it from the company?" Judge Murray asked the witness.

"I was unaware -- I was not unaware that they were asking for the information," Mr. Maheu said. "But I was unaware that the information was not progressing."

With that answer to the judge, and perhaps somewhat surprisingly, Mr. Stoecklein said he had no further questions for Mr. Maheu.

Mr. Frizzell rose to ask a few questions on cross-examination.

Among other things, Mr. Frizzell elicited testimony that Mr. Maheu had known CMKM's lawyer Mr. Stoecklein for about 15 years. He also testified that financial and reporting work was done in Mr. Stoecklein's offices, in addition to legal work.

"When you said you met with people, you met with people other than Mr. Stoecklein; did you not?" Mr. Frizzell asked.

"Yes, I did," Mr. Maheu replied.

"And do those people actually do accounting things and auditing type things?" Mr. Frizzell queried.

"They didn't do it in front of me, but we certainly had discussions," said Mr. Maheu.

"And you discussed with them things that you felt like needed to be done; is that correct?" the lawyer asked.

"Everything that had to be done in compliance with the regulatory body, yes," Mr. Maheu said.

Mr. Frizzell later asked Mr. Maheu to provide the names "just a few" of the companies for which he had served as chairman or some other board position. As it turned out, it was a short list.

"Well, I'm chairman of the board of the Da Vinci Franklin," Mr. Maheu said.

"What kind of business is that?" Mr. Frizzell asked.

"It's a fund that we have to aid small and start-up businesses," Mr. Maheu replied.

"Okay," said Mr. Frizzell. "Another company, please?"

"I have been an advisor to other companies," Mr. Maheu said. "I have no recollection of being -- of having been on the board of other companies."

Before passing the witness, Mr. Frizzell drew from Mr. Maheu that he believed he would be able to assist CMKM in filing its required reports.

Ms. Hakala's cross-examination was pointed, to say the least.

"Do you have any background in mining?" Ms. Hakala asked.

"No, ma'am," Mr. Maheu replied.

"Do you believe that CMKM should promptly file its periodic reports?" the SEC lawyer asked.

"I most assuredly do," Mr. Maheu said.

"When do you anticipate those reports will be filed?" the lawyer queried.

"As quickly as we can," said Mr. Maheu.

"Can you set a date by which those reports will be filed?" asked Ms. Hakala.

"As soon as they are ready, ma'am," Mr. Maheu answered.

"Can you set a date by which those reports will be ready?" she asked.

"I cannot," said Mr. Maheu. "But I assure you that I will do my best to comply with your request. I feel here that we have a partnership of sorts, I mean the government and we have a partnership to save these stockholders, and I will do my best to do that."

"You referred to a team," Ms. Hakala said. "Who is your team?"

"My team is Don Stoecklein and the group that he had put together," Mr. Maheu said.

"Do you know the names of the other people in that group?" Ms. Hakala asked.

"Yes, I do," said Mr. Maheu.

"What are those names?" Ms. Hakala queried.

"Mr. Anthony DeMint," Mr. Maheu began. "Suzanne and I cannot remember her last name. And -- and the lady who will be testifying after me, an attorney. I cannot -- "

"You don't remember her name?" Ms. Hakala asked.

"Yes, I do remember her name, but I just cannot remember it right now," said Mr. Maheu.

"Does CMKM Diamonds have any offices?" the lawyer continued her questioning.

"I'm sorry?" Mr. Maheu queried.

"Does CMKM Diamonds have any offices?" Ms. Hakala repeated.

"Not to my knowledge," said Mr. Maheu.

"Does CMKM Diamonds have any employees?" the lawyer asked.

"I am told that they do, yes, ma'am," Mr. Maheu replied.

"Who are those people?" Ms. Hakala asked.

"I do not know those people," Mr. Maheu said.

"How many employees does CMKM Diamonds -- " Ms. Hakala began

"I do not know," Mr. Maheu said.

Ms. Hakala went on to ask Mr. Maheu what he knew about CMKM's employees.

"Well, I hope that they're doing their work," Mr. Maheu said. "I mean, I know that they're employees in Canada. They're -- "

"How do you know that?" Ms. Hakala interrupted.

"Sorry?" Mr. Maheu replied.

"How do you know that?" the lawyer repeated.

"I was told that," Mr. Maheu said.

"By whom?" came the next question.

"By Mr. Casavant," Mr. Maheu replied.

"How many employees in Canada?" Ms. Hakala queried.

"I do not know," Mr. Maheu said.

"How much are they paid?" the lawyer asked.

"I do not know," came the response.

"How long have they worked for the company?" she asked.

"I do not know," Mr. Maheu said.

"What do they do?" Ms. Hakala continued.

"I hope they do their work," Mr. Maheu replied.

"What kind of work do they do?" Ms. Hakala quizzed. "What kind of work do they do?"

"I -- they -- they're supposed to work on the properties," Mr. Maheu said.

"Do you know what kind of work they do?" the lawyer pressed on.

"No, I do not," Mr. Maheu said.

The pace of the cross-examination changed as Ms. Hakala referred Mr. Maheu to press releases issued by CMKM that contained claims about financial reporting and bringing the company into compliance with U.S. securities regulations.

In response to a series of questions, Mr. Maheu acknowledged that he did not know what prior progress had been made with respect to those claims or much else about those news releases issued before he joined the company.

As the questions continued, Mr. Maheu proposed that they turn to a press release that he had issued on Feb. 15, shortly after joining the board of directors.

Ms. Hakala rather quickly embraced that suggestion, asking Mr. Maheu to read the first sentence out loud.

"CMKX is currently working toward completing an audit of its financial statements and the preparation of the necessary SEC filings," Mr. Maheu read out from the Feb. 15 news release. "Investors and -- "

"That's enough," Ms. Hakala interrupted. "You're welcome to continue reading. My questions are about that first sentence. It says here that CMKX is working towards completing an audit.

"When this press release was issued, had CMKM ever even started its audit?"

"I read that differently," Mr. Maheu began. "I read that they are working toward completing. Whether the start was pre this or they intended to do it the next day, I don't know, but I read it differently. I'm sorry about that."

"Has an audit of CMKM Diamonds' financial statements even started?" the lawyer asked.

"I'm sorry?" Mr. Maheu said.

"Has an audit of CMKM Diamonds' financial statements even started?" Ms. Hakala repeated.

"As of now?" Mr. Maheu asked.

"Yes," said the lawyer.

"I assume it has, yes," Mr. Maheu replied.

"On what basis do you think that?" Ms. Hakala asked. "Why do you think that?"

"Because that was my impression," said Mr. Maheu.

"What was the basis for that impression?" the lawyer pressed.

"That I have been told that, yes, an audit had been started," Mr. Maheu answered.

"Who told you that?" asked Ms. Hakala.

"I believe it was Doug -- Don Stoecklein," Mr. Maheu replied.

Ms. Hakala referred the witness to another exhibit.

"Mr. Maheu, have you ever seen a general ledger for CMKM Diamonds?" the SEC lawyer asked.

"No, I have not," Mr. Maheu said.

"Do you know how much CMKM Diamonds has in the bank?" she asked.

"No, I do not," Mr. Maheu replied.

"Do you know what the liabilities of CMKM Diamonds are?" Ms. Hakala asked.

"No, I do not," the witness answered.

"Do you know what the assets of CMKM Diamonds are?" Ms. Hakala continued.

"No, I do not," Mr. Maheu said. "Not -- no, I do not."

Before bringing her cross-examination to a close, Ms. Hakala drew from Mr. Maheu that he did not know what had been done with $3-million allegedly received from U.S. Canadian Minerals or $5-million allegedly received from St. George Metals Inc., nor did he know how shareholders or the investing public could find out what happened to that money.

In a short redirect, Mr. Stoecklein revisited the Feb. 15 news release containing the claim that the company was currently working toward completing an audit.

After drawing a confirmation that Mr. Maheu was not an accountant, Mr. Stoecklein suggested that the first sentence of the news release should have stated that CMKM was working towards completing an audit of its financial statements.

"That is correct," Mr. Maheu agreed.

"And did you understand that CMKX retained the services of an auditor in early January to prepare that audit?" Mr. Stoecklein asked.

"Yes, I learned that, yeah," said Mr. Maheu.

Mr. Maheu also testified that he understood that Suzanne Herring had been retained by Mr. Stoecklein's law firm to prepare financial statements to allow the audit to proceed.

Mr. Stoecklein said he had no further questions, but Judge Murray had some closing questions of her own.

"Okay," Judge Murray said to Mr. Maheu. "I want you to understand that sometimes I have to be blunt. Okay?

"Could you explain to me why I might think that they hired you and paid you $480,000 to give some color of legitimacy to this operation? In other words, you evidently have an esteemed reputation.

"So did that thought ever cross your mind, that this company brought you in just to make it look like there was some legitimacy to it and paid you this amount of money?"

"First of all, Your Honor, I've only been paid, so far, $80,000," Mr. Maheu began, receiving an acknowledgement from the judge. "And I would like to believe that, yes, that my background -- and I repeat.

"I can stand any, any full background investigation that any entity can do based on I already have.

"And I think that having spent a lifetime trying to be in that position -- and I do have a great record in business -- that, yes, I would like to believe that they would have hired me for my past experience."

"Has it ever crossed your mind that you're being used?" Judge Murray asked.

"I don't think so, Your Honor," Mr. Maheu said. "No."

With that, Mr. Maheu was excused.

Stockwatch will review the testimony of the final witness in a following article.

The saga continues.
 
Posted by Ric on :
 
All I can say is WOW, some of the cult left a lot out of Mr. Dhonau testimony as I guess they had to keep the cult from that information. WOW
 
Posted by Ric on :
 
New hearing info at bottom of last page. Must read!!!!!!!!!!!!!!!!!!!!!!!


Shouldn't they have been SEC witnesses. What was the CMKX lawyers thinking calling these people.
 
Posted by Ric on :
 
Mr. Dhonau met UC at slots in Vegas

Mr. Dhonau testified that CMKX didn't get any money from the 45k 60k in 2004 it went back into mines

Cmkx owes Nevada mines 180K and just worked out deal with UC to keep gold as payment till paid up.

Mr. Dhonau gave the 75 billion shares back because he didn't want them and wanted to distant himself from CMKX

WOW direct quotes:

Ms. Hakala returned to her cross-examination.

"What did you discover in November that made you no longer want to own shares of CMKM Diamonds?" the SEC lawyer wanted to know.

Mr. Dhonau

"It was just the -- it was a personal emotional reaction off of what was happening to the investigations," Mr. Dhonau said.

"Can you elaborate on that?" Ms. Hakala asked.

"It was just nothing more than a -- a gut feel of myself and -- and after my deposition, I felt it was best for my company to stand alone as a private corporation," Mr. Dhonau said.

"And no longer wanted to own shares of CMKM Diamonds stock?" Ms. Hakala asked.

"Correct," said Mr. Dhonau.
 
Posted by Upside on :
 
It gets uglier with every article.
 
Posted by ed19363 on :
 
You aint seen nothin yet. Wait til the crap hits the fan in July.
 
Posted by Upside on :
 
Tomorrow should be a telling day. I believe CMKX has to file their response tomorrow, right?
 
Posted by Wallace#1 on :
 
Just in case some of have forgotten about Ed Dhonau's credibility and questionable past record (and remember this is a guy who wants to distance himself from UC/CMKX):

According to an Oct. 29, 2001, registration statement filed with the SEC, at least two people with connections to U.S. Canadian Minerals and associated companies were also early participants in Barrington Foods; specifically, lawyer Brian Dvorak and, perhaps more significantly, John E. (Ed) Dhonau.

The first beneficiary of Mr. Williams's share-issuing acquisition strategy was Nevada Minerals, headed by Mr. Dhonau.

Mr. Dhonau, once the recipient of the Charlie Hustle award from one of his employers, also played a role in Voyager Entertainment International Inc., an OTC company with an interesting history. Among other things, Voyager Entertainment featured the rather significant involvement of serial stock manipulator Barclay Davis and his wife Loretta Davis.

Mr. Dhonau has been involved in a number of lawsuits, on occasion as plaintiff and other times as a defendant. He also ran afoul of Ohio securities regulators for selling unregistered securities and was the subject of a 1998 cease and desist order.

Similarly, there is no indication that Mr. Dhonau had any knowledge of the alleged criminal activity of Canadian Laurent Barnabe, a third party defendant in a Nevada civil lawsuit featuring Mr. Dhonau as both a primary defendant
Mr. Barnabe, Gilbert Ziegler, Robert Skirving, Rita Regale and Douglas Ferguson with 147 counts of conspiracy, wire fraud and mail fraud for their alleged roles in defrauding investors of at least $206-million in connection with the massive First International Bank of Grenada scam.

In the same vein, there is nothing to indicate that Mr. Dhonau knew anything at all about the less than reputable activities and alleged activities of disbarred, SEC-suspended and subsequently indicted lawyer Shawn Hackman, who served as secretary and treasurer of four Nevada companies headed by Mr. Dhonau: Horizon Prime Inc.; Red Bluff Corp.; Silver Stream Corp.; and Western Sky Inc.
 
Posted by Ric on :
 
yelp
 
Posted by stockster5 on :
 
Where are these transcripts coaming from..??
And what's real sickening is this is happening with so many penny and sub penny companies. It's like they all know each other and go to the same 'how to rip off your shareholder seminars'
 
Posted by Ric on :
 
From RB

very interesting- site is down ??

www.casavantmining.com/
 
Posted by Ric on :
 
Is also down????

http://www.cmkxtreme.com/
 
Posted by stockster5 on :
 
raginBull ??

sites are down but not released for resale yet. Maybe in a hold standing.
 
Posted by Ric on :
 
With all this going on, not filing simple paperwork with Nevada state. No filings yet, Websites down, transcripts.

Does anyone think that UC finally sold off all the remaining a/s and his personal shares and folding tent. I mean he had to keep up the appearance that they was fighting this while he was dumping the last bit of the shares. If he sold everything now why would he need to keep paying people to look like they are working? Why pay the bills? Obviously JMHO
 
Posted by stockster5 on :
 
I meant RagingBull?
I think that since other than the owner of the company can and will do naked shorting, the owner would protect him/her self any way possible.
Any filings would be paper trails. If your company becomes a shell for counterfeit shares, weather contrived or not, you do not want records if you can help it. doesn't seem complicated to me.
 
Posted by stockster5 on :
 
Check out this link again....
http://www.fool.com/news/commentary/2005/commentary05032407.htm
Gives you a thought on who may be really guilty about NSS after all.
 
Posted by Ric on :
 
Stockster5 you have a PM (private message). If you never used it on this site just hit My profile at the top of the page to view you messages.
 
Posted by ed19363 on :
 
SHHHHHH
It's Friday.
Can you hear it?
 
Posted by bill1352 on :
 
i like that article stockster, i'll be looking for part 2...by the way Wallace, Up, Will, Legal, Ric & Ed, i sold your cars yesterday...can i borrow them?


Ric those web site are up this morning.
 
Posted by wnycowboy on :
 
I justed checked my E*Trade account and noticed some life in the JUINA MINING CORP (NEW) RESTRICTED freebie shares. Now priced at 0.0225. Not that I could sell my little dividend shares for a profit yet, but there is life!
Cowboy
 
Posted by ed19363 on :
 
I'd like to know how E-turd is showing all this stuff and Ameriturd isnt? Looks like I got the wrong turd.....AGAIN !!!!!
 
Posted by ed19363 on :
 
quote:
Originally posted by bill1352:
i like that article stockster, i'll be looking for part 2...by the way Wallace, Up, Will, Legal, Ric & Ed, i sold your cars yesterday...can i borrow them?


Ric those web site are up this morning.

Hope you got a good price...4 wheel drive should sell well in Michigan....
 
Posted by wnycowboy on :
 
quote:
Originally posted by wnycowboy:
I justed checked my E*Trade account and noticed some life in the JUINA MINING CORP (NEW) RESTRICTED freebie shares. Now priced at 0.0225. Not that I could sell my little dividend shares for a profit yet, but there is life!
Cowboy

I take that back. Not much of a profit. JUINA MINING CORP (NEW) RESTRICTED freebie shares - (trade fee - taxes)= 1 Tim Hortons coffee. Not enough for a Starbucks fancy schmancy cup. IMHO
Cowboy out.
 
Posted by Dardadog on :
 
Ric, you have a PM.


Dog
 
Posted by Doctoall on :
 
Dar you also have a PM
 
Posted by legaleagle on :
 
Frizzell's and Stoecklein's Response Filings will be out this afternoon.
 
Posted by bill1352 on :
 
we are on the edge of our seats waiting legal....lol. might i add a few 10K's, a bunch of 10SQ's and a few handfuls of 8K's are also due & without those neither response will matter.
 
Posted by ed19363 on :
 
It's as quiet as a graveyard in all the CMKX boards....everybody must be holding their collective breath.
Looks like they will wait til 11:59 to file the reports.
 
Posted by Ric on :
 
http://new.wavlist.com/soundfx/014/cricket-2.wav
 
Posted by bill1352 on :
 
well i'll be..no response??? did stocklein decide they wanted nothing more to do with CMKX too??? frizzy can file what he wants about any NS but if he doesn't have solid proof today every story is over...wanna bet he counted on insiders owning a bunch & nobody will say yes or no to his questions??? or better yet UC said he owns a huge amount but wont prove it & frizzy wants proof, no yep its there take my word for chit for him.
 
Posted by bill1352 on :
 
need to find a place to set up the song the Funny Farm for all the cult members.
 
Posted by bill1352 on :
 
another board posted that they had till 5:30 pm eastern time today to file....hmmmmm i'd say they missed it. either that or they dont want us to see it & just sent it to the judge.
 
Posted by Ric on :
 
FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
(903)595-1921
E-Mail jmartin@cmkxownersgroup.com


Dear Group Members, June 17, 2005


The Court asks for briefs from the parties to help clarify the partys position and legal authority for the same. I have been in contact with Mr. Stoecklein today and the companys brief in reply to the SEC brief will be filed sometime today. I assume this means before the close of business today (Pacific Time). This brief is normally done by fax to the Judge and a hard copy will go by snail mail. Mr. Stoecklein has agreed to send me a copy of his brief when he has it in final form. I will update you with it at that time. I have elected to file my brief after reviewing both the company brief and the brief from the SEC.

My brief on your behalf will be filed by fax later this evening or possibly in the morning. I have completed the majority of the work, but if any additions or deletions are needed after seeing Mr. Stoeckleins brief, a slight delay may occur. (slight-as in tomorrow) My brief will be presented as a Friend of the Court brief. Our group has never been a party to this proceeding so we were not included in the briefing order set out by the judge. We were granted limited participation but not named as parties in the proceedings. Briefs are not mandatory but certainly a good idea. A lawyer wants the judge to have his or her legal citations at hand when the judge begins writing her decision.

You will see in the brief by the numbers, that we are confident of a naked short. The exhibit we are preparing which contains our fax summaries will be presented as a post trial exhibit and forwarded to the Court next week. We want the exhibit to represent as many shares as we can accumulate. We are going to continue tabulating and documenting our share summaries from the fax in campaign even after submitting this post trial exhibit to the Court. I would imagine this will continue for several weeks. Have a good weekend and take Dad out for a treat.


Onward,

Bill
 
Posted by Ric on :
 
Heres CMKX's brief

http://www.cmkxownersgroup.com/CMKXReplyBrief.pdf
 
Posted by Ric on :
 
ROFLMAO,

Now thats the funniest thing that I have ever read. Well, looks like Stoeckein got the cult to write that. 20 pages and repeated the same thing over and over. You can't prove we lied. Thats what 20 pages said. But after reading transcripts I don't see how you could possibly believe that.

LOL
 
Posted by Ric on :
 
CMKM hearing listens to outsourced lawyer Buck


2005-06-17 20:56 ET - Street Wire

Also Street Wire (U-*SEC) U.S. Securities and Exchange Commission


by Lee M. Webb

CMKM Diamonds Inc.'s May 10 hearing before the U.S. Securities and Exchange Commission (SEC) listened to the company's final witness, outsourced lawyer Kristen Buck, testify about her progress in assembling documents needed to prepare regulatory filings.

During a close, and at times testy, cross-examination, Ms. Buck received a rather terse reminder from the judge that she was under oath and had to tell the truth.

Chief Administrative Law Judge Brenda P. Murray presided over the administrative proceeding to determine whether CMKM's stock registration should be suspended or revoked for failing to file periodic reports as required by U.S. securities regulations.

Leslie Hakala, assisted by Gregory Glynn, took the lead in presenting the case for the SEC's enforcement division.

Donald Stoecklein of the Stoecklein Law Group represented CMKM. Anthony DeMint, managing director of Securities Law Institute, closely associated with Mr. Stoecklein's law firm, also registered an appearance on behalf of the company.

Lawyer Bill Frizzell of Tyler, Tex., was allowed limited participation in the proceeding as counsel for a number of CMKM shareholders known as the Owners Group.

The SEC called six witnesses including CMKM's chief executive officer Urban Casavant, a Saskatchewan native who now makes his home in Las Vegas, Nev. Mr. Casavant asserted his Fifth Amendment privilege against self-incrimination and refused to answer any questions.

After the SEC wrapped up its direct case, Mr. Stoecklein led off CMKM's case by calling Las Vegas businessman John E. (Ed) Dhonau, the owner of privately held Nevada Minerals Inc. Mr. Dhonau is a key figure in a web of relationships involving CMKM and associated company, U.S. Canadian Minerals Inc.

Following a chance encounter with Mr. Casavant "at the slot machines" in November of 2003, Mr. Dhonau acquired some mining claims in the Fort a la Corne area of Saskatchewan and went on to become involved in joint ventures with CMKM and U.S. Canadian Minerals, which is currently under investigation by the SEC.

Mr. Dhonau is also involved with the two companies in a small gold mining operation in Ecuador that, according to testimony, generated somewhere between $90,000 and $120,000 in gross revenues last year. (All figures are in U.S. dollars.)

Mr. Dhonau offered his explanation of the Ecuador operation and testified about how, under the terms of the agreement, the gross revenue was divvied up 50-50 between CMKM and U.S. Canadian Minerals, with Nevada Minerals shaving off 20 per cent of CMKM's half as the operator. According to Mr. Dhonau, CMKM never did receive its cut because it was reallocated to pay for some compressors for the mine.

Mr. Stoecklein next called CMKM's new co-chairman, 87-year-old Robert Maheu, who joined the company in February.

Mr. Maheu, an ex-spook and former private gumshoe who went on to spend about a decade working for eccentric billionaire Howard Hughes before being fired in 1970, told the court that he believes that he will be able to help CMKM meet its reporting obligations.

CMKM's octogenarian co-chairman, who described himself as "the man with the whip," faced a rather pointed cross-examination by Ms. Hakala.

Evidently Mr. Maheu, who is being paid $40,000 per month to whip the company into shape, did not have much of a clue about CMKM's operations or its financial condition.

Mr. Maheu was also a bit foggy about the vaunted team that had been put together to help him with his task. When asked to name the members of that team, apparently put together by Mr. Stoecklein, Mr. Maheu mentioned Mr. DeMint, an accountant named Suzanne, whose last name escaped him, and an attorney, whose first or last name he could not recall at all.

Before Mr. Maheu was excused, Judge Murray rather bluntly asked him whether it had ever crossed his mind that he was being used to provide a colour of legitimacy to CMKM. Mr. Maheu said that he did not think so.

Following Mr. Maheu's testimony, Mr. Stoecklein called CMKM's last witness, lawyer Kristen Buck.

Lawyer Buck

After being sworn in, Ms. Buck told the court that she had recently graduated from McGeorge School of Law and had received her licence to practice in Nevada earlier this year. She went on to say that she works at Securities Law Institute.

"And can you give us a description of the job function that you have at Securities Law Institute?" Mr. Stoecklein asked.

"At Securities Law Institute, we -- we are an outsource for Stoecklein Law Group, and I oversee various public companies, their filings for the SEC," Ms. Buck replied.

That drew some questions from Judge Murray.

"Could I just have a little bit more information on that because I've seen the pleadings with this Securities Law Institute," Judge Murray remarked. "And I don't know. I thought it was a school, but you're affiliated with the law firm?"

"We act as an outsource for the law firm," Ms. Buck said.

"An outsource for the law firm," Judge Murray repeated. "What does that mean, 'an outsource for the law firm?'"

"Basically it's -- we receive some of the clients that, if they need extra -- some work that needs to be done, we'll oversee some of that work that needs to be done by the Stoecklein Law Group," Ms. Buck replied.

"Okay," said Judge Murray. "So your boss is Mr. Stoecklein?"

"Well, he has his own law firm," said Ms. Buck. "But he's not affiliated -- I mean that's his entity and then Anthony DeMint is the president of Securities Law Institute."

"Okay," Judge Murray said, going on to address Mr. Stoecklein. "Anthony DeMint, who's the gentleman that's been sitting beside you?"

"That's correct, Your Honor," Mr. Stoecklein answered.

"And he is an attorney?" the judge queried.

"Your Honor, for the record, the law firm owns the Securities Law Institute," Mr. Stoecklein said, not answering the question. "So it is an outsource group that we utilize in Las Vegas for work when we don't do it in the San Diego -- perform the obligations in the San Diego office."

"And does it do -- does it do work for other law firms?" Judge Murray asked.

"No," said Mr. Stoecklein. "It primarily does work -- well, in some cases but not normally, Your Honor. It generally speaking, it handles the reporting for approximately 42 different companies."

A short time later, Mr. Stoecklein returned to his direct examination.

"And do you have a job that you do for CMKM Diamonds?" Mr. Stoecklein asked.

"I've been given the task to begin the process of reporting obligations that they're going to need to be put together," Ms. Buck replied.

"And generally how do you handle that task?" Mr. Stoecklein asked. "What is the job?"

"Well, our office acts as a collective group and we have different individuals that will oversee different areas and I help divide out the tasks," Ms. Buck said. "Somebody can pull, you know, records off of EDGAR, somebody can look up shareholder equity or request shareholder reports, things of that sort, and organize the documents as they come in."

"How do you make a typical request for documents from a public company that you're involved in?" CMKM's lawyer asked.

"We do have a due diligence checklist that we'll go through usually and put together a request through a company," Ms. Buck replied.

"Do you recall whether that was utilized in this case?" Mr. Stoecklein asked.

"I don't believe it was through the normal -- I mean we did request documents," Ms. Buck said. "We basically just ask for all documents so we can start off and get a handle on everything."

"As we think of that statement of 'all documents,' can you be descriptive in terms of what you've been receiving from CMKM Diamonds?" Mr. Stoecklein asked.

"We've received a lot of boxes of information that we've been starting to go through and categorize, putting in together with -- you know, we've got through press releases," Ms. Buck began.

"We've gone through agreements that we've been given," Ms. Buck continued. "Gone through -- you know, just categorizing whether this is a stockholder equity issue or something that would be pertain to that.

"Mining claims, we've gotten some information on that as well."

Mr. Stoecklein then asked Ms. Buck to describe her function with respect to the mining claims.

"Yeah, I actually took over -- I looked at the contract for the mining claims that were in Canada," Ms. Buck said. "I went through the contracts and I started verifying the claims. And I also went on to the Saskatchewan Industry Resource Web site and pulled those -- those listings as well to verify with the claims that I also had been given."

Mr. Stoecklein moved on to some questions regarding documents that Ms. Buck and others had retrieved from EDGAR.

That testimony drew another intervention from Judge Murray.

"We should just say -- I think I've got this right -- that EDGAR is an electronic data gathering and retrieval system that the SEC operates where all public companies make their filings electronically," Judge Murray commented. "And my belief is that it's open to the general public.

"I mean, people can get on a computer at any public library and go into EDGAR and get a report that a public company has filed.

"If I'm incorrect, somebody can correct me on that."

"No, that's correct," said Mr. Stoecklein.

"But just generally available information of all the reports like the ones that are at issue in this proceeding would be available on the EDGAR system to the general public," said Judge Murray. "So what she's doing is just drawing down public documents."

"Yes," Ms. Buck chimed in.

Mr. Stoecklein turned to a series of questions regarding a Form 15 that CMKM had filed on July 22, 2003.

"As you look at that form and review it, is there anything odd about the form?" Mr. Stoecklein asked.

"Well, we came across -- we reviewed it and then we also requested stockholder reports to verify the information that was listed on the Form 15," Ms. Buck said. "And once we had received those stockholder reports, we noticed that there was a discrepancy on what was listed and what we received from the transfer agent."

Ms. Buck went on to testify that the July 22, 2003, Form 15 reported the number of shareholders as approximately 300, effectively removing CMKM's reporting obligations, but the records from the transfer agent indicated that the company had 698 shareholders of record on that date.

On further questioning from Mr. Stoecklein, Ms. Buck testified that Kevin O'Neil from the SEC said that the Form 15 should be amended, reinstating the company's reporting obligations.

According to Ms. Buck, Mr. Maheu and Mr. Casavant discussed the matter and decided to file an amended Form 15. That filing was submitted on Feb. 15 of this year.

"Was there any discussion around that decision that you are aware of?" Mr. Stoecklein asked.

"There was some discussion as to -- I believe under the rule that they have a 60-day obligation," Ms. Buck said. "Once they filed to reinstate the reporting obligations, that they have 60 days to become current. And there was some discussion on whether or not that was going to be possible at that point."

"Was there some concern obviously about the 60-day time frame?" Mr. Stoecklein asked.

"There was definitely some concern," Ms. Buck replied. "We -- I hadn't, but others in our office had met with their former financial person and we needed to get information from them under whether or not we could actually comply with putting together reporting obligations."

"And who was this financial person?" Judge Murray interjected.

"I believe it was David DeSormeau," Ms. Buck answered.

"And can I ask what David DeSormeau said about the ability to generate financial reports?" Mr. Stoecklein continued.

"It was my understanding that we hadn't received much information from him, so it became -- the decision, I believe, was to retain somebody else that could prepare financial statements for the company," Ms. Buck replied.

"Are you at all familiar with the amount of money that was paid to Mr. DeSormeau to generate these reports?" Mr. Stoecklein asked.

"I believe it was in excess of $1.5-million," said Ms. Buck.

Ms. Buck went on to testify that after it was determined that Mr. DeSormeau was not going to provide the financial information, Opus Pointe was hired to help prepare financial statements.

Judge Murray subsequently intervened with a few more questions.

"But isn't Opus Point also affiliated with this law institute?" the judge asked.

"It -- I mean we are -- we share -- she is in our office, yes," Ms. Buck replied, stumbling a bit.

"Do you own Opus Pointe, too?" Judge Murray asked, directing her question to Mr. Stoecklein.

"Yes, I do, Your Honor," CMKM's lawyer replied. "After we saw how much Mr. DeSormeau was making."

Following that somewhat peculiar response, Mr. Stoecklein moved on to some questions regarding CMKM's former law firm, Edwards & Angell, asking Ms. Buck what information that firm had provided.

"We did not receive any information beyond one letter that was saying that they did not have any other documents except for what they'd provided under the subpoena which was some billing," Ms. Buck said.

The witness went on to testify that she did not know how much Edwards & Angell had been paid by CMKM, but it was "a fair amount."

Mr. Stoecklein turned to a series of questions regarding how much progress Ms. Buck had made, notwithstanding the fact that the company's former legal counsel and former accountant had not supplied any documentation.

"Are you still missing documents or have those all now been generated?" Mr. Stoecklein asked.

"At this point, we're still going through everything and organizing it and putting it together and making sure -- I mean there could be documents further on that we'll request, but it's -- you know, it's a process," Ms. Buck said.

"When you say 'it's a process,' it's a work in progress where every day there's new information?" Mr. Stoecklein suggested.

"Objection, Your Honor," Ms. Hakala called out. "Leading."

"It is leading," Judge Murray agreed.

"I know, Your Honor," Mr. Stoecklein said.

"Pardon?" Judge Murray queried.

"I know, Your Honor," Mr. Stoecklein repeated. "I've been lucky so far."

"Don't push it," Judge Murray cautioned.

"Coming back to the issue of these documents, are there significant documents that you're missing right now to complete the legal side of the reporting obligations?" Mr. Stoecklein moved on.

"Well, we obviously haven't been provided the financial statements which will be part of the reports," Ms. Buck replied. "That's a big chunk of the documents that will go along and coincide with the legal aspects of it."

Ms. Buck went on to testify that she felt that she still needed to go through documents, but "the process can begin."

With that, Mr. Stoecklein ended his direct examination and handed off to Mr. Frizzell for a brief cross-examination.

"Ms. Buck, is your company being paid by CMKM in cash or by check?" Mr. Frizzell led off.

"I don't know how the billing -- I mean I don't handle the billing, and I believe that we are paid from Stoecklein Law Group," Ms. Buck replied.

"As opposed to receiving stock from the company, you're not being paid by stock in this matter, are you?" Mr. Frizzell queried.

"Not that I'm aware of," said Ms. Buck.

Mr. Frizzell went on to draw from Ms. Buck that she had "definitely been sidetracked in the last couple of weeks" in preparing for the hearing.

Mr. Frizzell also elicited testimony regarding whether Ms. Buck felt that the necessary filings could be completed.

"I think the filing could be done if everything was provided to us, yes," Ms. Buck said.

Mr. Frizzell then passed the witness.

Something of a tone was set early in Ms. Hakala's cross-examination.

"Ms. Buck, when did you graduate from law school?" Ms. Hakala asked.

"May -- " Ms. Buck began.

"Of what year?" Ms. Hakala queried.

"2004," Ms. Buck finished her answer.

"So less than a year ago?" asked Ms. Hakala.

"Yup," said Ms. Buck.

"You didn't return my phone calls, did you?" Ms. Hakala asked.

"I believe I re -- well, there was one phone call I did not return," said Ms. Buck.

"Who supervises you?" Ms. Hakala asked.

"I work with Mr. Stoecklein," Ms. Buck answered.

"And do you report to him?" the SEC lawyer asked.

"If I have questions, yes," said Ms. Buck.

"How many Form 10-Ks have you personally prepared?" Ms. Hakala queried.

"A couple," Ms. Buck said.

"How many?" Ms. Hakala quizzed.

"I would be speculating," Ms. Buck replied. "If I -- I know that our office -- or our company has filed multiple ones."

"I understand," Ms. Hakala said. "I'm asking you personally how many Form 10-Ks have you personally prepared?"

"I have prepared a few," Ms. Buck answered.

"More or less than five?" Ms. Hakala pressed.

"Around five," Ms. Buck said.

"How many Forms 10-Q have you personally prepared?" the SEC lawyer asked.

"Probably around similar amount," Ms. Buck answered.

"About five?" Ms. Hakala quizzed.

"And, I mean, as our office, we are always -- we're reviewing multiple people work as well, so I'm going through multiple 10-Qs, not just myself preparing them," Ms. Buck said.

"I understand," Ms. Hakala said. "But I'm just trying to understand your personal experience with these SEC filings. Do you have any drafts yet of any of CMKM Diamonds' filings?"

"I mean we can put a rough draft together, but at this point, I have not put them together because I've been preparing for this hearing and putting it together, the information in a time line formation, so therefore I can go back in a quarterly amount and put that stuff in," Ms. Buck said, not seeming to get to the answer.

"But, as you sit here today, do any drafts of the SEC filings exist?" Ms. Hakala persisted.

"We purposely -- I believe we wanted to wait until we'd gotten through the time lines and categorize the information and put them in before we decided -- actually put the form itself together," Ms. Buck replied.

"I understand," Ms. Hakala began again. "But I'm asking you a 'yes' or 'no' question. As we sit here today, are there any draft SEC filings in existence in your offices for CMKM Diamonds?"

"I have a template draft put together for one of the years, yes," Ms. Buck said.

"Was that produced to the SEC in response to the Commission's subpoena in this matter?" Ms. Hakala queried.

"It's a template that we use for every client," Ms. Buck said.

"Is it specific to CMKM Diamonds?" Ms. Hakala asked.

"No," said Ms. Buck.

"So are there any SEC filings for CMKM Diamonds in draft form in your offices, as we sit here today?" Ms. Hakala tried again.

"No," Ms. Buck finally said.

Ms. Hakala turned to some questions regarding the amount of material that Securities Law Institute had received from CMKM.

"You said that you'd gotten boxes from CMKM Diamonds," Ms. Hakala said. "How many?"

"I don't actually receive the boxes," Ms. Buck replied. "The information was just provided to me, so I don't know."

The discussion continued for some time as Ms. Hakala attempted to draw from Ms. Buck whether the materials received from CMKM amounted to less than would fill two banker's boxes.

Evidently Ms. Buck did not know what a banker's box was.

"Would you like me to show you a banker's box?" Ms. Hakala asked during one exchange.

"Yes, please," said Ms. Buck.

Ms. Hakala's co-counsel obliged.

"May the record reflect that I am holding up in the courtroom what is known as a banker's box," Mr. Glynn said. "This one from Ikon. It's a standard file."

"Were the materials that you have been provided to prepare the CMKM Diamonds filings by the company more or less than would fill two of those boxes," Ms. Hakala asked after the demonstration.

"I would say around two boxes or more," Ms. Buck said.

"Which is it?" Ms. Hakala wanted to know. "Two boxes, less or more?"

"Probably more," Ms. Buck said.

"Why weren't those provided to the Commission?" Ms. Hakala queried. "I can represent, Your Honor, that the materials provided to the Commission did not fill two banker's boxes."

"I believe we -- I know that we gave all the information that we had," Ms. Buck said. "Now, whether or not how you stack it and fill it in a box is, I guess, how you put the information together. I didn't put the boxes together myself."

As Ms. Hakala pressed on regarding the matter, Mr. Stoecklein registered an objection that the SEC lawyer was being argumentative, adding that it was a really ridiculous line of questioning.

Evidently Judge Murray had heard enough about the boxes.

"I think it's around two boxes," Judge Murray remarked. "But let me ask you, is that all the material now for, like, three years of business?"

"That's what has been provided, yes," Ms. Buck said.

Changing gears, Ms. Hakala moved on to some questions regarding the July 22, 2003, Form 15.

She called the witness's attention to two exhibits of correspondence dated Dec. 29, 2004, and Jan. 4, 2005, between the SEC and a CMKM lawyer, David Liston, regarding the matter.

According to the letters in evidence, Mr. Liston had bcc'd Mr. Casavant and Mr. DeSormeau.

"Were you aware that the lawyer for CMKM and the Division had conversations in December of 2004 regarding problems with the Form 15 filing?" Ms. Hakala asked.

"Not until I read your letter," Ms. Buck replied.

"Did Urban Casavant ever tell you that there were any problems with the Form 15 before you brought it to his attention?" asked the SEC lawyer.

"Not that I recall," said Ms. Buck.

A short time later, Ms. Hakala posed some questions regarding the $1.5-million reportedly paid to Mr. DeSormeau.

"Was he paid cash or stock?" Ms. Hakala asked.

"I believe he was paid in stock, but I don't know if there was anything more," Ms. Buck said. "I don't know, as far as -- "

"Who told you that?" Ms. Hakala interrupted.

"In going through some documents, I also saw an affidavit that he had signed saying that he was owed money and there was -- there had been issuance of those shares when we went through the stockholder equity to him as well," Ms. Buck said.

"So was it your assumption that the shares that were issued to him were payment for amounts owed to him?" Ms. Hakala queried.

"In the affidavit that I read, it was said that he was being -- shares were being given to him for compensation," Ms. Buck replied.

"Did that say compensation for what?" asked Ms. Hakala.

"I -- I mean, I don't have the sheet in front of me, so I don't want to speculate," said Ms. Buck.

"Do you remember what compensation it was for?" Ms. Hakala queried.

"I don't remember because I don't have it in front of me," Ms. Buck answered.

"Do you know why CMKM Diamonds paid David DeSormeau $1.5-million?" Ms. Hakala persisted.

"I don't know," said Ms. Buck.

A short time later, Ms. Hakala turned to another line of questioning.

"You said you had all of the contracts you needed, I think," Ms. Hakala began. "Do you have any contracts with drilling companies?"

"I would have to go through my agreements binder," Ms. Buck said.

"Do you remember seeing any contracts with drilling companies?" Ms. Hakala asked.

"I don't have it in front of me," Ms. Buck said. "It's information -- I don't memorize everyone's agreement."

That response brought a rather terse admonishment from Judge Murray.

"Hold on just a second," said Judge Murray. "The witness has to remember you're under oath, so I want you to think before you fire back an answer. All right?

"If you think, you pause, you remember you're under oath, you have to tell the truth."

Ms. Hakala returned to her questions.

"Do you remember seeing -- as you sit here today, do you remember seeing any contracts with drilling companies in the materials you have reviewed for CMKM Diamonds?" Ms. Hakala asked.

"I don't remember at this time," Ms. Buck said.

As Ms. Hakala continued her cross-examination, Ms. Buck testified that she did not remember seeing any contracts for assaying, any employment contracts, or any contracts related to the $56-million jade collection that featured in earlier testimony.

Ms. Buck also testified that she did not know how much money CMKM had spent to acquire mining claims.

After eliciting further testimony from Ms. Buck that CMKM could not file its periodic reports without having audited financial statements and that the young lawyer could not provide a specific date by which CMKM would file, Ms. Hakala turned to a discussion of the company's office address.

After Ms. Buck acknowledged that she was involved in preparing Forms 8-K filed by CMKM on March 14, April 6 and April 12, 2005, and that she understood that all SEC filings have to be truthful and accurate, Ms. Hakala asked whether she had taken any steps to confirm that the company address on those forms was correct.

"We relied on management," Ms. Buck said.

"What management -- who is management?" Ms. Hakala queried.

"I would think Mr. Casavant," said Ms. Buck.

A short time later, Ms. Hakala referred Ms. Buck to an April 6 e-mail from Debbie Amigone of Securities Law Institute to Mr. DeMint, the managing director.

Ms. Buck confirmed that Ms. Amigone and Mr. DeMint both worked in her office.

In the e-mail, Ms. Amigone informed Mr. DeMint that she had visited an Internet chat site and there were "21 pages of the fact that there is no corporate office."

According to Ms. Amigone's message, a vacationing shareholder had visited what was supposed to be CMKM's Las Vegas office and reported that the address belonged to a hot rod shop "and the rest of the warehouse is empty."

"The stockholders are saying that the company lied in its PR and SEC filings and they are now going to call Andy (Hill) in the morning and then call the SEC," Ms. Amigone's e-mail said in part. "You may want to call Urban or Michael and have them move in and talk to Shawn at the hot rod shop and also tell Andy what to tell the stockholders when they call him."

"Have you come to understand whether or not the Procyon address and Suite 101 is, in fact, CMKM's office?" Ms. Hakala asked.

"It's according to this e-mail, no," said Ms. Buck.

"Do you have any independent knowledge about it?" asked Ms. Hakala.

"I have not gone to that office to look otherwise," Ms. Buck replied.

"Have you ever had any conversations with anyone about whether or not CMKM has an office there?" Ms. Hakala queried.

"I have not had any conversations about it," said Ms. Buck.

"Have you ever been to any offices for CMKM Diamonds?" asked the SEC lawyer.

"No," said Ms. Buck.

Ms. Hakala had no further questions and Mr. Stoecklein did not have any redirect.

Ms. Buck was excused.

After a bit of legal housekeeping regarding exhibits and posthearing brief scheduling, the hearing adjourned at 6:04 p.m.

The saga continues.
 
Posted by Ric on :
 
It is going to be the little things that kills CMKX and gets it revoked. Its the companies position that they did know there was a error on form 15 and didn't lie. But like the Address issue on SEC forms stating they have a office when in fact there was none. The little proven lies show patterns and this Judge when it doesn't see filings and then those little lies will help her make up her mind.
 
Posted by Ric on :
 
Bump, heres the CMKX response

quote:
Originally posted by Ric:
Heres CMKX's brief

http://www.cmkxownersgroup.com/CMKXReplyBrief.pdf


 
Posted by JohnnyRotten on :
 
from another board

quote:

It looks like the SEC contacted CMKX counsel about some issues but that lawyer was gone. It wasn't Roger Glenn.

I think the SEC is relying on 3 main points of evidence.

1. Discussions with prior counsel. (David Liston) We do not know what was said but if they informed counsel then he would be obligated to act on illegal activity.

It does not prove he informed management of anything they needed to do.

"They were contacted about the lack of periodic reports"

This is all well and good but the law states that the form 15 can be formally denied and 60 days is given to comply, since correspondence is not a formal denial then correspondence in and of itself does not impale a company to file. Likewise, if the correspondence occurred after the filing form 15 then it could not be used to prove the original filing was with knowledge of wrong doing.

2. CMKX issued shares in bulk to over 300 shareholders prior to filing the form 15.

994 million issued to 360 individuals in Jan 2003

This is met with some simple logic and it is plausable since 360 is fairly close to 300, it would certainly not prove fraud, CMKX' statement was about 300, 360 is close enough to 300 to make that a credible statement.

1. No evidence they actually received the shares, it was only a board decision to do so.

2. No evidence that shares were not transferred after receipt.

3. That all 360 remained as stockholders of record following receipt.

In my opinion this is the best argument to win the case. If they went from certs to holding in electronic form they would not be stockholders of record. If some bought out others the number would shrink. If they were never issued then they would not apply. The SEC did not show proof of what actually happened to them and prove, except for a board decision, any evidence of what came of that. Thus they did not submit evidence of actual proof.


There is on p6 a neat piece of info. Apparently they were bumped to the pink sheets prior to filing the form 15, which deregistered them from the otc bulletin board.

May 23, 2003 they started on the pink sheets

July 22, 2003 they filed form 15

Then he states

"whereon 12g reporting is not a requirement."

It seems that filing form 15 or any other reports would not be necessary to trade on the pink sheets. That would only be for trading on the OTC BB.






If the burden of proof is on the SEC it appears to me they did not prove much. If the judge follows the law CMKX should not be deregistered.

Yea you can say they scammed and maybe they did, but the law should rule here and the SEC did not make the case.
 
Posted by Ric on :
 
One thing that is wrong in that statement is if a pinksheet files to be a reporting company then it must report even if it is a pinksheet and there are many reporting pinks. Pinksheets don't require you to be reporting but if you are then you must follow SEC rules for reporting. To stop reporting you still have to file a form 15. What exchange your on doesn't matter once your a reporting company. But if your on the OTCBB and above they require filings. That has nothing to do with SEC. It is the OTC, Nasdaq and so on that require that you be reporting.
 
Posted by legaleagle on :
 
A game of chess like all legal entanglements.

The CMKX reply goes directly to the heart of the SEC's contention that CMKX & UC perpetrated an ongoing campaign to ignore reporting requirements. The burden of proof in the US court system, as we all know, is "innocent until proven guilty".

The CMKX response not only undermines the contentions of the SEC, but clearly highlights that the burden of proof is upon the SEC and forcefully argues that the SEC has failed to meet that burden of proof.

The SEC must prove that CMKX purposely and consistently failed to meet certain requirements.

The CMKX response provides at a minimum plausible deniability. And at best, obtusely suggests that the SEC may actually have a "less than honorable" private agenda.

The funny and interesting part is this; the Judge will undoubtedly read the CMKX response prior to reading a "friend of the court" brief from the OG. The CMKX response tees up the hidden agenda rather adroitely. The OG brief could be the BIG BERTHA. Grip it and rip it!

Gerbs
 
Posted by Ric on :
 
Thats what all defense attorneys say. They didn't prove there case beyond a reasonable doubt. Doesn't mean the prosecutor didn't but its always the arguement. I am not sure what your looking at but after reading the transcripts, I sure don't see any doubt. BUt I am sure the judge is going to dismiss the fact that all the accontants, auditors never received and documents to file with. It will all come down to filings period. Either you have filings or it is revoked.
 
Posted by JohnnyRotten on :
 
I believe the SEC case has some weaknesses. When you look at the case law they have to prove the company knowingly deceived, if CMKX said they would sell so many shares to 360 shareholders and never did as is the case with many of their statements, then that couldn't be used to prove their point.

The SEC didn't follow up the shares with receipts it actually happened. It is that simple
 
Posted by Ric on :
 
But since the CEO took the fifth there is no way to prove it didn't happen and you better re-read the TA testimony. Guess Frizzle has to save the lame response. I am sure he can do a better job then that.
 
Posted by Ric on :
 
The TA's testimony

According to Ms. Bagley's testimony, a total of more than 994 million shares were issued to 360 different people "for fieldwork in Canada" in January of 2003. Those 360 people were all shareholders of record after the stock was issued.

"So as of January 2003, the company knowingly had over 300 shareholders of record?" Ms. Hakala asked.

"Yes," Ms. Bagley replied.

"Did it seem strange to you that 360 people received shares for fieldwork in Canada?" the SEC lawyer queried.

"Yes," Ms. Bagley said.
 
Posted by legaleagle on :
 
By: rocketship0
17 Jun 2005, 09:15 PM EDT
Msg. 227448 of 227462
Jump to msg. #
**BRAVO Stockein!** Man....Stocklein did a great job with that Brief
IMO.

Strong, detailed, in your face but yet very professional and all
encompassing Brief. Stocklein was able to clearly demonstrate the
weakness of the SEC's case (they really have no case). The SEC's case
against CMKX although sounds good to the average person, is full of
holes as just proven, without a doubt, by Stocklein.

Stocklein has set the standard here. He states facts and nothing but
facts to justify CMKX's position and easily disprove the SEC's case
on every count and every accusation made against CMKX.

Shorty is finished IMO. There is no way that Judge Murray can even
fathom that there is an inkling of a finite possibility that suggests
a verdict of revocation.

As some of us have discussed before, the rational action for the
judge to take at this time (regardless what the SEC's rebuttal, etc
might be)is to provide the opportunity to CMKX to be able to file all
the required filings within an appropriate and realistic time period.

Shorty is in trouble. Big, big trouble.....Cover, Cover, Cover,
Cover.....Pay up Boys and Girls.....The Game is over.....CMKX
Wins!!!!!!

Rocket
 
Posted by Ric on :
 
Actually Stoecklein flat out lied in that response. Didn't he bother to read the transcripts.

He states that: "No evidence was produced at the hearing to indicate that the 360 individuals (i) received the shares indicated"

That is a flat lie. The TA clearly testified at the hearing that in fact the shares were issued and UC knew about it. I can't believe you people. This was a flat out lie and you think this is good thing. Seems a lie is common with this company and the lawyers that represent them.
 
Posted by bill1352 on :
 
my take...stocklein says we found the problem with the form 15 & the SEC claiming they told the previous lawyer doesn't count because that lawyer is gone & UC didn't know or hadn't been told about it...hmmm i wonder why the letter has this in it......


She called the witness's attention to two exhibits of correspondence dated Dec. 29, 2004, and Jan. 4, 2005, between the SEC and a CMKM lawyer, David Liston, regarding the matter.

According to the letters in evidence, Mr. Liston had bcc'd Mr. Casavant and Mr. DeSormeau.


maybe they meant a differant Mr. Casavant in that bcc.


says the form 15 was in good faith that how could cmkx know what those 360 ppl did with their shares. just because UC didn't call his t/a doesn't mean he knew he had over 300 shareholders....little problem there, the o/s was 100 billion, cmkx had been trading on the OTC for a few yrs thus SOMEBODY bought shares from the market, these 360 ppl were not the ONLY owners of cmkx stock. they only had 1 billion shares...the o/s had 99 billion other shares out. NOT calling the t/a is NOT an excuse. its like in the movies when the bad company boss wants someone dead. he says this guy needs to go but i dont want to know about it. it doesn't mean he didn't order the hit. oh but wait...UC said we want to move off the pink sheets, theres some serious proof for ya...UC said so...rotflmao doesn't even come close.


stocklein had to file something & they sure didn't have much to work with. i'd give them an "A" for effort but please....no logical right minded person could think that will change the outcome & for my proof of that i give you legals re-post of "rocketship0".
 
Posted by Ric on :
 
I hope everyone read the lastest transcripts on the last post of the previous page. I am not sure what creditials this Ms. Hakala has but she so far has made every witness for CMKX into a SEC witness. To me CMKX would have done better not to have called anyone.
 
Posted by legaleagle on :
 
xxdiamondchildxx
God of Diamonds

member is online




Joined: Feb 2005
Posts: 539
Stoecklein's response is very assertive & sound...
Thread Started on Yesterday at 10:33pm

--------------------------------------------------------------------------------
with quality arguments, law case reference, and other rebuttal logic that will be difficult for Judge Murray to dispute. I feel that many good reasons were given to not revoke CMKM Diamonds, Inc. in that they are an income producing...a.k.a. "viable and functioning company" who has worked on goodwill in it's every move. They (Stoecklein) has shown in a strong way that the SEC has been too harsh in it's reaction to try to revoke their representing company.....CMKM Diamonds, Inc........and do not have (in terms of the SEC) a legal reason sufficient for this request to Judge Murray to revoke Our Company. I have to say that it is difficult for me to see Judge Murray revoke CMKM Diamonds, Inc. due to the reasons given in Stoecklein's response and argument, especially since they stated to Judge Murray that they have the financial resources to hire the necessary team to file in a timely manner. The only reason CMKM Diamonds, Inc. would get revoked IMO is due to everybody of significance having their pockets lined with plenty of green....so to speak....and even then Urban can roll up all of his assets into another entity and take his Shareholders along for the ride.

Well, these are my thoughts.....and I have to say "I FEEL GOOD" with what I read in Stoecklein's response.

God Bless to all!

Peter
 
Posted by bill1352 on :
 
wanna bet i get kicked out...the whole thread says stocklein saved the day......


bill1352
Diamond Hunter

member is online




Joined: Jun 2005
Posts: 18
Re: UPDATE 2 CMKX RESPONSE
Reply #56 on Today at 12:30am

--------------------------------------------------------------------------------
i hate to be the 1 to bring reality in but here goes....stocklein said UC didn't know if those shares were ever issued...should have re-read the transcript...................
The TA's testimony

According to Ms. Bagley's testimony, a total of more than 994 million shares were issued to 360 different people "for fieldwork in Canada" in January of 2003. Those 360 people were all shareholders of record after the stock was issued.

"So as of January 2003, the company knowingly had over 300 shareholders of record?" Ms. Hakala asked.

"Yes," Ms. Bagley replied.

"Did it seem strange to you that 360 people received shares for fieldwork in Canada?" the SEC lawyer queried.

"Yes," Ms. Bagley said.


ok maybe not all keep their shares...CMKX had been on the market for a few yrs by then, the o/s was in the billions...these 360 ppl were not the only ppl that owned cmkx stock. somebody had to have bought a few shares by july 2003, in fact i bet there are at least 50 ppl on this board that had bought cmkx by july 2003. stocklein says we didn't know about the SEC conversations with CMKX concerning the form 15. nobody told him...ok well again he should have looked at the evidence...Ms. Haklia questioning CMKX's last witness....


She called the witness's attention to two exhibits of correspondence dated Dec. 29, 2004, and Jan. 4, 2005, between the SEC and a CMKM lawyer, David Liston, regarding the matter.

According to the letters in evidence, Mr. Liston had bcc'd Mr. Casavant and Mr. DeSormeau.


notice the bcc to UC...maybe he was practicing taking the 5th. i'll give stocklein some credit...UC sure didn't give him much to work with & he made the best of a bad situation but...
 
Posted by bill1352 on :
 
by the way byrdturd said hi to me. i told him wallace was hoping to hear from him & would want me to send his best....lol
 
Posted by ed19363 on :
 
My 2 cents. No filing? Revoked.
Reading the transcripts reveals that UC has yet to tell ANYONE the truth.
In any event, get me out of here, this clown has no idea how to run a company. That PPS moves just enough to break even, you'll never hear from me again.
 
Posted by legaleagle on :
 
TEXT OF STOECKLEIN BRIEF

[Not including the cover page, the table of contents (i), and the cases and regulations cited (ii) -- which are all in the PDF at the OG cite at http://www.cmkxownersgroup.com/documents.php titled "CMKX Reply Brief June 17."]

Post-Hearing Reply Brief and Statement of Position
Posted: Sat Jun 18, 2005 2:09 am

jbaker314
Diamond in the Rough

Joined: 20 Aug 2004
Posts: 93
Location: Belle Mead NJ

I. INTRODUCTION

On March 16, 2005, the Commission instituted this proceeding to determine whether (1) CMKM Diamonds had violated the federal securities laws (specifically, Section 13(a) of the Exchange Act and Rules 13a-1 and 13a-13) by failing to file periodic reports; and (2) if so, whether the registration of CMKM Diamonds' common stock should be suspended or revoked pursuant to Section 12(j) of the Exchange Act (Order Instituting Proceeding ("OIP") at 2).

Section 13(a) of the Securities Exchange Act of 1934 ("Exchange Act") and Rules 13a-1 and 13a-13 require that every issuer of a security registered pursuant to Section 12 of the Exchange Act file with the Commission annual and quarterly reports, provided however, that Part I of the quarterly reports (the financial statements) on Form 10-QSB need not be filed by mining companies not in the production stage but engaged primarily in the exploration for the development of mineral deposits.

On July 22, 2003, a Form 15 was filed pursuant to Rule 12g-4(a)(1)(i) as certification and notice of termination of registration under Section 12(g) of the Act, stating that at the time of filing the Form 15 CMKM had approximately 300 stockholders of record (Hearing Exhibit .

Section 12(g) of the Securities Exchange Act of 1934 ("Exchange Act") and Rule 12g-4(b) provides that: "The issuer's duty to file any reports required under section 13(a) shall be suspended immediately upon filing a certification on Form 15; provided, however, that if the certification on Form 15 is subsequently withdrawn or denied, the issuer shall, within 60 days after the date of such withdrawal or denial, file with the Commission all reports which would have been required had the certification on Form 15 not been filed. If the suspension resulted from the issuer's merger into, or consolidation with, another issuer or issuers, the certification shall be filed by the successor issuer."

On March 16, 2005, when the Commission filed its OIP in this matter, CMKM Diamonds was under no duty to file periodic reports as set forth in Section 13(a) of the Securities Exchange Act. The allegations as set forth in the OIP cannot be true where CMKM Diamonds did not have a duty to file the periodic reports as of the date of the filing of the OIP, in fact the duty did not arise until April 17, 2005, which according to Rule 12g-4(b) was a date "within 60 days after the date of such withdrawal or denial" of the Form 15 filing, or approximately 30 days after the Commission filed the OIP on March 16, 2005.

On February 17, 2005, Stoecklein Law Group filed a Form 15/A (Hearing Exhibit 9) which resulted in CMKM being subject to the reporting requirements of Section 12(g) of the Act within 60 days.

II. STATEMENT OF THE CASE

CMKM DIAMONDS INC. ("CMKM") was originally incorporated in the State of Delaware on or about June 9, 1998 as CyberMark International Corp. On August 3, 1999, Cyber filed a 10-SB12G Registration Statement with the Securities and Exchange Commission to voluntarily become a registrant under Section 12(g) of the Act, which Registration Statement became effective on October 4, 1999. As a result of the effectiveness of the Registration Statement, Cyber was subject to Rules 13a-1 and 13a-13, which required CYBER to file with the Commission annual and quarterly reports.

Cyber's common stock began trading on the Over-the-Counter Bulletin Board on February 15, 2000 under the trading symbol "CMKI." Unlike Pink Sheet stocks, companies with stock trading on the Over-the-Counter Bulletin Board are required to file periodic reports with the SEC.

On or about April 18, 2002, Cyber filed Articles of Conversion with the Secretary of State of the State of Nevada, in order to change its corporate domicile, resulting in Cyber becoming a Nevada Corporation.

As a result of the acquisition of certain mining claims, on or about December 3, 2002, Cyber's Articles of Incorporation were amended to change its name to Casavant Mining Kimberlite International, Inc. ("CMKI). Around the same time CMKM hired David DeSonneau, a 32 year veteran of financial accounting systems, to act as CMKIs CFO and to work with an auditor to ensure seamless integration with newly enacted Securities and Exchange Commission auditing practices for public companies. Due to CMKI's inability to file its Form 10-KSB on or before March 31, 2003 for the period ended December 31, 2002, CMKI began trading on the "pink sheets" on May 23, 2003, whereon generally, 12g reporting is not a requirement. CMKI changed its name to CMKM Diamonds Inc. (CMKM).

On July 22, 2003, a Form 15 was filed pursuant to Rule 12g-4(a)(1)(i) as certification and notice of termination of registration under Section 12(g) of the Act, stating that at the time of filing the Form 15 CMKM had approximately 300 stockholders of record (Hearing Exhibit . Referring to the Pre-Hearing Conference, (Pre-Hearing Tr. at page 27).

On June 4, 2004, CMKM retained the services of Roger Glenn, Esq. from the New York law firm Edwards & Angell LLP to assist in preparing the required SEC reports in anticipation of requesting a market maker to resubmit CMKM's common stock for quotation on the Over-the-Counter Bulletin Board. In a press release dated June 16, 2004, Mr. Glenn was quoted as stating "We have been retained by the Company to resolve the problems it has been facing, and we expect to devote significant efforts immediately toward that goal. The company has advised us that it is dedicated to complying fully with all requirements on it, and we are pleased to act as counsel to it on that basis." (Hearing Exhibit 45). CMKM continued its efforts to bring its filings up to date by engaging Neil Levine, of the Firm of Bagell, Josephs & Company, LLC, as independent auditor on January 10, 2005, and paying a retainer of $100,000. (Hearing Tr. at 99).

Throughout 2004 CMKM acquired mining claims of approximately 1,000,000 acres in Canada (Hearing Tr. at 264 & 265) for the purpose of diamond exploration. Additionally, CMKM acquired the American Shaft, a mining shaft in Ecuador, (Hearing Tr. at 267-270) for purposes of mining gold. The mining operation commenced generating revenues in the first quarter of 2004 (Hearing Tr. at 270 - 273), after CMKM had invested approximately $1.2 million in the mine (Hearing Tr. at 272).

On or about February 9, 2005, Stoecklein Law Group was engaged as securities counsel to handle matters related to the SEC reporting requirements.

On February 15, 2005 Stoecklein Law Group contacted the Division of Corporate Finance for a determination as to the most appropriate method of bringing CMKM in compliance with Section 13(a) (Hearing Tr. at 322).
On February 17, 2005, Stoecklein Law Group filed a Form 15/A (Hearing Exhibit 9), which resulted in CMKM being subject to the reporting requirements of Section 12(g) of the Act.

On March 16, 2005, the Division of Enforcement filed the Order Instituting Administrative Proceeding against CMKM. CMKM believes that as a result of the Enforcement Division's investigation in LA-2937, the Enforcement Division caused the issuance of a temporary trading suspension on March 3, 2005 and the issuance of the Order Instituting Administrative Proceeding on March 16, 2005.

ARGUMENT

A. CMKM Denies There Were Any Violations for Failure to File Periodic Reports During the Time Period of July 2003 Until April 2005 Because CMKM Was Not Required to File Reports Pursuant to its Filing of a Form 15 on July 22, 2003.

1. Filing of the Form 15 on Jury 22, 2003 suspended immediately CMKM's obligation to file periodic reports.

Section 12(g) of the Securities Exchange Act of 1934 ("Exchange Act") and Rule 12g-4(b) provides that: "The issuer's duty to file any reports required under section 13(a) shall be suspended immediately upon filing a certification on Form 15; provided, however, that if the certification on Form 15 is subsequently withdrawn or denied, the issuer shall, within 60 days after the date of such withdrawal or denial, file with the Commission all reports which would have been required had the certification on Form 15 not been filed. If the suspension resulted from the issuer's merger into, or consolidation with, another issuer or issuers, the certification shall be filed by the successor issuer."

2. CMKM's reporting obligations did not commence until April 17, 2005.

The Form 15/A, filed on February 17, 2005, reinstated CMKM's reporting obligations, in that pursuant to Rule 12g-4(b) "within 60 days after the date of such withdrawal or denial," CMKM was required to file reports under the 34 Act. Therefore, at the time of the allegations set forth in the OIP, CMKM had no reporting obligations, and therefore could not have been in violation of the reporting obligations.

3. Form 15 was filed in good faith and the SEC has not demonstrated any facts to the contrary.

The Division, in their Post Hearing Brief (PHB at 3), attempts to persuade us that CMKM was aware of its reporting obligations in December of 2004 and alleges that the filing was made in "bad faith." The Division indicates (PHB at 3) that they (the Division) contacted counsel for CMKM Diamonds to inquire about the company's lack of periodic reports (Hearing Exhibits 20 & 21 - Correspondence between Leslie Hakala and David Liston).

First, we are appalled that the Division would even utilize this correspondence in the Hearing, when the correspondence, and thus the information was only made available to counsel a couple of days prior to the Hearing (Hearing Tr. at 344). During the Pre-Hearing conference, counsel for CMKM raised the issue over whether the Division had exculpatory information in the Divisions Investigatory File LA-2937 (Pre-Hearing Tr. at 26 & 27).

Further, during the Pre-Hearing conference JUDGE MURRAY stated: "If there's anything in this file that's exculpatory that come under Brady you should have it." (Pre Hearing Tr. At 27). Counsel for CMKM argued that the Division had information which was exculpatory from an investigative file referred to as LA-2937. The Division during the Hearing, and now in its PHB, attempts to utilize this Brady material to demonstrate bad faith. This appears to fly in the face of the Commission's own Rules of Practice, Rule 230 (b) Documents That May Be Withheld. (2) "Nothing in this paragraph (b) authorizes the Division of Enforcement in connection with an enforcement or disciplinary proceeding to withhold, contrary to the doctrine of Brady v. Maryland, documents that contain exculpatory evidence. In fact, the exculpatory material Exhibits 20 & 21 do not assert the position that the initial Form 15 was fraudulent, to the contrary, Exhibits 20 & 21 assert the position that the then counsel for CMKM, believed that the filing of the Form 15 was in fact made in good faith.

Additionally, the Division somehow imparts onto Stoecklein Law Group the knowledge of both David Liston and Roger Glenn, when the correspondence produced by the Division (Exhibits 20 & 21) was not produced until two days before the Hearing. Therefore, it is not inconsistent that upon its initial due diligence of CMKM, Stoecklein Law Group realized that at the time of filing the initial Form 15, CMKM had 698 stockholders of record and that the filing of a Form 15 was not available to the Company as of July of 2003. The testimony of Kristen Buck (Tr. at 321) is the only evidence relative to how the deficiency in the Form 15 was discovered. This testimony is inconsistent with the Divisions' position that CMKM acted in bad faith.

In addition, the letter referred to by the Division clearly states that Mr. Liston indicated to the Division on December 23, 2004 that D. Roger Glenn, CMKM Diamonds' corporate counsel had indicated that CMKM "filed its Form 15-12(g) in July 2003, the company believed in good faith that it had too few shareholders to require the filing of periodic reports." The Division leans heavily on this correspondence (Exhibit 20 & 21) to assert the position that CMKM has continued to act in bad faith. Even if we allow the argument based upon this Brady tainted evidence to reflect that CMKM knew in December of 2004 that there was an issue over the Form 15, the statements in the exhibits (Exhibit 20 & 21) reflect that CMKM did nothing about the Filing because it believed the original Form 15 was filed in good faith and the Division produced no evidence at the Hearing to the contrary. Judge Murray clearly stated in the Pre Hearing Conference (Pre Hearing Tr. At 29) that "unless I have some evidence that it is a bad faith filing, I am going to have to take it was a good faith failing." The Division has failed to produce such evidence of a bad faith filing.

B. The Steadman Factors Do Not Favor Revocation of the Registration of CMKM Diamonds' Common Stock.

In the case of Steadman v. SEC, 603 F.2d 1126, 1140 (5th Cir., 1979), affd on other grounds, 450 U.S. 91 (1981), the Court refers to public interest factors the Division should specifically consider when determining appropriate sanctions. The Steadman factors are: (1) the egregiousness of the respondent's actions; (2) the isolated or recurrent nature of the infraction; (3) the degree of scienter involved; (4) the sincerity of the respondent's assurances against future violations; (5) the respondent's recognition of the wrongful nature of his conduct; (6) and the likelihood of future violations. No one factor is considered controlling and furthermore, the Steadman Court does suggest it is not enough to infer future misconduct because of past misconduct. (Neurotech, Steadman at 1140) Therefore, the Division must show the specific facts to all the Steadman factors to merit permanent exclusion or revocation of CMKM Diamonds' common stock. On the contrary, the Division in its FHB has not shown specific facts for the Steadman factors to warrant such a harsh punishment of revocation. More specifically, the facts argued by the Division and presented by CMKM Diamonds suggest a concerted effort made on the behalf of the respondent to regain compliance and provide public information to its investing stockholders.

1. The Conduct of CMKM Diamonds Was Not Egregious

The Division continuously relies on the argument that CMKM filed a fraudulent Form 15 merely because the party filing the document typed in the number 300 under the statement: "Approximate number of holders of record as of the certification or notice date." No testimony has been presented that either supports or confirms fraudulent or bad faith filing other than the Division's own evidence. (Hearing Exhibits 20 & 21) The Division had the burden of proof (Pre Hearing Tr. At 29) in establishing such fraudulent filing and did not meet the burden.

The only evidence submitted in reference to whether or not the filing of the July 22, 2003 Form 15 was filed in good faith, or fraudulent was the statement made in Exhibit 20 introduced by the Division, by Roger Glenn to David Liston that he believed "the company believed in good faith that it had too few shareholders to require the filing of periodic reports."

The Division wants us to believe that because of the CMKM's intention to become reporting, that somehow this demonstrates egregious conduct on the part of CMKM in referring to the testimony of CMKM's retained auditor (PHB at 9). When reviewing the testimony of Neil Levine, the retained auditor, (Hearing Tr. at 74), the question asked by the Division (Hearing Tr. at 74 - Line 12) was "Did the company indicate why it wanted to file periodic reports?" The response by Mr. Levine (Hearing Tr. at 74 - Line 14) was, "Just that they wanted to get compliant and move up to the Bulletin Board or higher." There is no testimony that supports the Division's position that the only reason that CMKM desired to bring its reports current was that it violated the securities laws. In fact the testimony of Mr. Levine is to the contrary, that CMKM realized it was a Pink Sheet company, not required to file periodic reports, and to once again trade on the Bulletin Board, it was required to file reports under 12g.

Furthermore, the inferences made by the Division of CMKM's knowing or should have known the filing to be false are purely circumstantial and not based on logical inferences.

The Division further alludes to CMKM's knowledge of more than. 300 shareholders by reference to the following:

The January 12, 2003 board resolution wherein 994 million shares were issued to 360 individuals;

The January 2003 Press Release relating to an audit of the shareholders; and

The failure to contact the Transfer Agent.

No evidence was produced at the Hearing to indicate that the 360 individuals; (i) received the shares indicated, (ii) did not transfer the shares following receipt and (iii) still retained those shares to be stockholders of record on July 22, 2003; and that the shareholder list had not changed between January of 2003 and July of 2003.

If the Division had evidence to support a fraudulent filing, the Division failed to provide evidence of such a fraudulent filing at the Hearing. In fact, the evidence which the Division presented at the Hearing indicated that the Transfer Agent could not recall anyone from CMKM contacting them and therefore should not impart any such knowledge that CMKM knew or should have known they had more than 300 stockholders. (Hearing Tr. at 156). The conclusion made by the Commission is simply an inference that is not substantiated by any direct evidence. The conduct of CMKM is clearly not the egregious conduct referenced in Steadman.

2. CMKM's conduct cannot be considered recurring because CMKM was not obligated to file periodic reports until April 17, 2005, thirty days after the OIP was filed.

Section 12(g) of the Securities Exchange Act of 1934 ("Exchange Act") and Rule 12g-4(b) provides that: "The issuer's duty to file any reports required under section 13(a) shall be suspended immediately upon filing a certification on Form 15. As we indicated above, the duty to file was not reinstituted until April 17, 2005, 60 days after the filing of the Form 15/A. Since there was no duty to file, there was no recurring failure to file.

3. CMKM did not have scienter nor is there any direct evidence that it acted in bad faith.

Somehow we are made to believe that: (i) Mr. Casavant's asserting his Fifth Amendment privilege; (ii) Exhibits 20 & 21 produced in violation of Brady; and (iii) the testimony of Helen Bagley, the owner of the transfer agent, provide sufficient scienter to generate fraudulent conduct. CMKM did not act in bad faith and lacked the scienter imposed by Steadman. See Ernst v. Hochfielder, 425 U.S. 185, 193n.l2 (1976) (defining scienter as "a mental state embracing intent to deceive, manipulate, or defraud"); Rolf v Blyth, Eastman Dillion & Co., 570 F. 2d 38, 45-46 (2d Cir. 1978), amended by 1978 WL 4098 (2d Cir. May 22, 1978) (scienter is established by knowing or reckless conduct); In re Fischbach Corp. Sec. Litig., 192 U.S. Dist Lexis 373 at *16.17 (S.D.N.Y. Jan. 15, 1992) ("willful blindness" - a "deliberate refusal to acquire information" - may also establish scienter). The only evidence submitted in reference to whether or not the filing of the July 22, 2003 Form 15 was filed in good faith, or fraudulent, was the statement made in Exhibit 20 introduced by the Division, by Roger Glenn to David Liston that he believed "the company believed in good faith that it had too few shareholders to require the filing of periodic reports."

We take issue at the implied accusation that either present counsel for CMKM or present management for CMKM had knowledge of the Division's correspondence with CMKM's prior counsel two months earlier, when the evidence obtained on cross-examination at the Hearing (Hearing Tr. at 346) clearly indicated that new counsel was unaware of the correspondence until the "last couple of days" prior to the Hearing. Keep in mind, per our discussion above, this was the Brady tainted evidence that the Division failed to produce under Brady in the Pre-Hearing inspection.

4. The sincerity of CMKM Diamonds' assurances against future violations is established by the retention of professionals retained to (i) complete the initial updated, filings and (ii) incur the substantial costs associated with the filings.

The testimony at the Hearing is inconsistent with the view by the Division that CMKM is somehow not sincere in its assurances against future violations. In fact CMKM has expended significant resources in an effort to produce the appropriate legal documentation, accounting (Hearing Tr. at 347), and audit functions (Hearing Tr. at 98 and 99).

The Division continuously utilizes statements of CMKM (Hearing Tr. at 208) as to its intentions of reinstating its reporting obligations (PHB at 10) in an attempt to persuade us that CMKM knew that it in fact had an obligation to be reporting with the Commission. We cannot be persuaded by this approach, since there is a lack of clarity as to why CMKM was making the statements. For example, Rendall Williams testified (Hearing Tr. at 208) that Casavant stated that "he needed to be reporting," and that he indicated that he was close to reporting a number of times. Another example was the testimony of Nell Levine (Hearing Tr. at 74) when Levine, in response to the question of "Did the company indicate why it wanted to file periodic reports?" responded: "Just that they wanted to get compliant and move up to the Bulletin Board or higher." This does not appear to be evidence that CMKM was concerned about a reporting obligation or securities violation, however to the contrary, CMKM was stating its intention to become reporting again so that it would be eligible for quotation on the Bulletin Board. Until the filing of the Form 15/A, CMKM felt no rush to commence its reporting obligations, since it did not know it had such an obligation. Therefore, any statements relating to CMKM's movement toward reporting have been taken out of context by the Division. We do not find any significant evidence that CMKM was under the belief that it was violating the federal securities laws; therefore, we do not believe the statements made by CMKM can infer a lack of assurance that it intends to maintain a reporting status once it is current in its reports.

5. CMKM recognizes the wrongful nature of the failure to confirm its outstanding stockholders in July of 2003, and its failure to maintain accurate accounting records allowing for its paid professionals to complete the preparation of annual and quarterly reports.

Irrespective of the position of the Division, which was unsupported by evidence presented at the Hearing, CMKM's counsel (Hearing Tr. at 322-323) testified that it filed the Form 15/A upon its discovery of a different number of shareholders of record than reported (Hearing Tr. at 321) on the initial Form 15 (Exhibit , and after conversing with the SEC. Even knowing that CMKM could not complete the reporting in a timely manner according to Rule 12g-4(b), CMKM in good faith filed the amended Form 15/A.

The Division wants us to believe that statements made by CMKM in February and March lead to the conclusion that CMKM does not recognize the wrongtulness of its conduct (PHB at 12). First, the Division has, as previously been stated herein, not produced any evidence that management of CMKM or CMKM's present counsel were aware of the Division's discussion with prior counsel. If some evidence of this knowledge were available, the Division did not produce the evidence at the Hearing. In fact this very evidence was hidden from counsel for CMKM until a couple days before the Hearing (Hearing Tr. at 344). Clearly if counsel for CMKM had been made aware of such evidence they would have had the opportunity to question prior counsel on his position as enunciated in his letter (Hearing Exhibit 20). Again, this evidence was prevented from discovery under Rule 230 when counsel for CMKM inspected the Division's files pursuant to the Commission's Rules of Practice.

The Division, in its PHB, also refers to a press release dated February 2005 (Hearing Exhibit 52) as somehow calling into question CMKM's recognition of the wrongfulness of its conduct. There is no indication that CMKM believed differently than what was stated in the Press Release. In fact at the time of the release, CMKM believed it was working toward producing an audit of its financial information, in that it believed David Desonneau, CMKM's accountant was working with Neil Levine of the firm of Bagell Josephs LLC (Hearing Tr. at 69), which firm acknowledged that it had been paid $100,000 toward the audit work (Hearing Tr. at 99) after being engaged on January 10, 2005 (Hearing Tr. at 70). We do not believe this statement in any way demonstrates a lack of wrongfulness of conduct.

6. Reporting violations are not likely to occur again, once the financials are compiled and audits are completed. CMKM is willing and able to spend the capital required to regain compliance.

CMKM is expending significant amounts of money to: (i) compile financial statements; (ii) engage an auditor to generate an audit report on the financial statements; and (iii) prepare annual and quarterly reports. (Heating Tr. at 99 & 347) There is no evidence from the testimony presented that once CMKM is able to generate the reports that it will fall out of compliance.

Steadman Conclusion

In conclusion and in the spirit of the Steadman factors, the Division did not provide enough facts to support the revocation of CMKM Diamonds' common stock. As stated in Steadman, the Division when ordering the most drastic remedies must achieve the greater burden and show with particularity the facts and policies mat support those sanctions and why less severe action would not serve to protect investors. (Steadman at 1137). The Division has simply attempted, through the use of circumstantial evidence and inferences, to advocate a punishment of revocation for CMKM. All past evidence suggests that CMKM acted in "good faith" and was not required to be reporting until the filing of the amended Form 15. It was clearly established by Judge Murray (Pre Hearing Tr. At 29) that the Division had the burden of proving bad faith. The Division has not met its burden of particularity and revocation should not be granted for a company that wants to become a fully compliant registrant and has shown this desire through various testimony and tremendous resources spent on achieving this goal.

C. The public interest is best served by allowing CMKM to become fully reporting again.

1. The mission of the reporting requirements of the Exchange Act is the primary tool which Congress has fashioned for the protection of investors from negligent, careless and deliberate misrepresentations. SEC v. Beisinger Indus. Corp., 552 F.2d, 15, 18 (1st Cir. 1977)

2. The Pink Sheets do not require even an audit to be conducted on the financial statements of issuers on the pink sheets, only that issuers prepared their financials in accordance with GAAP.

3. Therefore, if the SEC is truly wishing to protect CMKM's approximate 59,000 current stockholders of CMKM in a trading market, then the SEC should require public information be known through the use of their rules.

III. Conclusion

On March 16, 2005, when the Commission instituted its Order Instituting Administrative Proceeding against CMKM, CMKM was compliant with the securities laws in that CMKM had filed a Form 15, which provided immediate relief from the reporting requirements of Section 12g. We further recognize that with the filing of the Form 15/A on February 17, 2005 that CMKM subjected itself to the reporting requirements of the Exchange Act. We believe that the evidence in this case demonstrates the following:

The Division has not met the burden of proof in establishing that CMKM acted in bad faith in the filing of the original Form 15 filing on July 22, 2003;

No evidence was introduced that the Form 15, filed on July 22, 2003, was: (i) not valid, (ii) denied, or (iii) withdrawn prior to February 17,2005;

In establishing that the validity, denial, or withdrawal were not in question, we cannot (i) reach the egregiousness required by Steadman; (ii) reach the recurrent nature of the infraction as required by Steadman; (iii) obtain the required Scienter; or (iv) determine that CMKM's conduct was wrongful.

We find no evidence to support a position that CMKM, once reporting, will succumb to future violations. To the contrary, actions do speak louder than words - Why is CMKM spending so many resources on generating compliancy with the reporting requirements of the Exchange Act?

CMKM recognizes that the Administrative proceedings under Section 12(j) are one of the remedies that me Exchange Act provides to address the problem of publicly traded companies that are delinquent in the filing of their Exchange Act reports. Likewise, Rule 12g-4(b) is a remedy for small companies to be able to alleviate itself of reporting obligations under the Exchange Act. CMKM further recognizes that the Section 12(j) proceedings play an important role in the Commission's enforcement program because many publicly traded companies that fail to file on a timely basis are "shell companies" and, as such, attractive vehicles for fraudulent stock manipulation schemes. CMKM recognizes that revocation under Section 12(j) can make such issuers less appealing to persons who would put them to fraudulent use. However; CMKM distinguishes itself from other issuers that may succumb to the "shell company" tactics in that CMKM has revenues, has spent a significant amount of funds to once again be reporting, and in good faith believed that its reporting obligations were terminated as the result of the filing of its original Form 15.

CMKM does not believe it in the best interest of either its existing stockholder base, approximately 59,000 stockholders, or the public in general. The public is well aware that CMKM trades on the Pink Sheets, and is not required to supply audited financial statements, but for its large number of stockholders.

We note that, in addition to revocation or suspension of registration under Section 12(j), the Exchange Act provides other remedies to address reporting violations. See Exchange Act Section 15(c)(4), 15 U.S.C. 780(c)(4) (allowing the Commission to issue an order requiring the issuer to comply with the reporting requirements, upon specified terms and conditions and within a specified time).

For the reasons stated above, CMKM respectfully requests that this Court not revoke the registration of the common stock of CMKM Diamonds pursuant to Section 12(j) of the
Exchange Act, however fashion an order that allows for CMKM to complete the process of
compiling financial statements upon which an auditor can issue an audit report, and allow for the
concurrent preparation of the annual and quarterly reports. .

Respectfully Submitted,

Donald J. Stoecklein
Stoecklein Law Group
Counsel for Respondent
CMKM Diamonds lnc.
402 West Broadway, Suite 400
San Diego, California 92101

From: http://www.cmkx.net/***************.php?t=8062&sid=8e795c7b9e81fa3ab48cebcf07aadabe
 
Posted by BCmouser on :
 
If these guys arent revoked - what would that be saying to the rest of the pinksheets companies out there who are thinking of scamming the public? It would be saying go ahead and lie, dont file or bother to keep records and when taken to court plead the fifth . Then go right back to scamming your shareholders so you can live the highlife.
If these guys get off I am forming a company and lying like a whore claiming I have billions of diamonds on my uncles farm in SASK ( he actually owns thousands of acres). When they take me to court I will just plead the fifth and then go back to Vegas to play the slots. LMAO
 
Posted by ed19363 on :
 
For the reasons stated above, CMKM respectfully requests that this Court not revoke the registration of the common stock of CMKM Diamonds pursuant to Section 12(j) of the
Exchange Act, however fashion an order that allows for CMKM to complete the process of
compiling financial statements upon which an auditor can issue an audit report, and allow for the
concurrent preparation of the annual and quarterly reports. .


UC has had at least two years to do this. What makes anybody think that this time will be any different. He has played us from the beginning, and time and again has shown that if he really cared about anything but his own butt, the filing would have been done long ago. Instead, we get excuses, no information, and it drags on for months.
If the judge does see fit not to revoke CMKX, I hope she is wise enough to tell UC, okay buddy, you have two months. If I dont see a filing, you'll never control another company again, and we'll see if we can prosecute any offenses we may have overlooked.
It's long past time for him to S**T or get off the pot. Even some of the cult is beginning to wonder.
I've been in this since CMKI, and it's getting VERY old.
 
Posted by BuyTex on :
 
quote:
Originally posted by BCmouser:
If these guys arent revoked - what would that be saying to the rest of the pinksheets companies out there who are thinking of scamming the public? It would be saying go ahead and lie, dont file or bother to keep records and when taken to court plead the fifth . Then go right back to scamming your shareholders so you can live the highlife.
If these guys get off I am forming a company and lying like a whore claiming I have billions of diamonds on my uncles farm in SASK ( he actually owns thousands of acres). When they take me to court I will just plead the fifth and then go back to Vegas to play the slots. LMAO

Agreed, except for one sore spot. Ya, it's like Gluv Corp. Run your PnD based on f/s shares, don't deliver, and let the SEC bail out the brokers. You're right, PK shells are where it's at; we should all get a few.

The problem? I think they're *trying* to get revoked. Then there's no more rules to follow, the stock sits in gillions of accounts, taking up bytes of server space, never associated with any physical certs. Reformat the drive, and it's as though these companies never existed--except for losses in individual accounts, of course.
 
Posted by legaleagle on :
 
quote:
Originally posted by BCmouser:
If these guys arent revoked - what would that be saying to the rest of the pinksheets companies out there who are thinking of scamming the public? It would be saying go ahead and lie, dont file or bother to keep records and when taken to court plead the fifth . Then go right back to scamming your shareholders so you can live the highlife.
If these guys get off I am forming a company and lying like a whore claiming I have billions of diamonds on my uncles farm in SASK ( he actually owns thousands of acres). When they take me to court I will just plead the fifth and then go back to Vegas to play the slots. LMAO

Your argument requires an assumption that CMKX "IS" scamming the public.
 
Posted by legaleagle on :
 
REPOST from drymouth paltalk
Numerical and Statistical Proof of the Largest Counterfeiting Scheme in History:

The CMKX Scandal


Definitions:

Legitimate shares- the total number of Authorized Shares

Authorized Shares- the total number of shares a company is allowed to sell. It includes the Outstanding Shares.

Outstanding shares- the total number of shares a company has released into the market

Counterfeit shares- shares generated via naked short-selling

Naked short-selling- selling stock, that you do not own, and have not legitimately borrowed. This results in persistent settlement failures and dilution of legitimate shares.

Total share count- sum of the Outstanding Shares and Counterfeit Shares. All shares above the Outstanding amount are proof of stock counterfeiting.

Certificates (Certs)- shares held in physical certificate form. These are not shortable and cannot be counterfeited by electronic means.

Electronic shares- shares readily traded back and forth daily on all exchanges. These are all supposedly backed by certs held by brokerages in street name.


The CMKX Numbers:

Authorized shares (A/S) in CMKX is 800 billion

*Nevada Secretary of State
Outstanding shares (O/S) in CMKX is 703 billion

*Company PR, SEC 8K filing and in Fed. Court

Total Share Count- Unknown

However, reasonable calculations indicate a number far in excess of the legitimate authorized share count. Perhaps several trillion

Number of CMKX shareholders- 59,699
OBO/NOBO lists (official listing via DTCC of all electronic shares held in street name i.e. Cede & Co for brokerages) as of April 2005 shows 59,669 accounts/individuals holding CMKX stock. This includes only accounts at brokerages in the USA and Canada. It excludes accounts in brokerages everywhere else in the world. There are a significant number of shareholders outside of North America.

7,000 some odd shareholders own over 377 billion shares.

Bill Frizzell, the attorney for the CMKX Owners Group, has verified copies of brokerage statements from over 7,000 shareholders representing about 12% of the number of shareholders listed in the OBO/NOBO list. The number of street-name shares held by those 7,000 people are greater than 377 billion shares.

Certificates issued to individuals excluding street name (Cede & Co brokerages)

326 billion shares held by 2,033 individuals *Company Pr and 8K Sec filing December 2004. Since December 2004 and now, the number of shares held in certificate form by individuals has increased significantly. However using number of shares held by individuals in certificates from December 2004 added to the current number of greater than 377 billion verified shares held in electronic form at brokerages is greater than the entire authorized 703 billion outstanding shares of CMKX.

The averages and projections:

Approximately 9,033 people are verified owning greater than 100% of the entire outstanding shares of CMKX stock. That leaves greater than 40,000 shareholders holdings not accounted for. Of those shares that have been verified the average shareholder owns about 57 million shares each.

A projection based on known averages:

If the average held for the remaining 40 thousand shareholders the excess shares in the market greater than the entire outstanding shares would be 2,280,000,000,000 (two trillion two hundred and eighty billion). If you add that number back to the outstanding shares it would be greater than three trillion shares in the market. That would mean that more than 75% of all shares trading in this one security are counterfeit.

A projection based on a very conservative average:

If those unaccounted for accounts only held 10 million shares each, the excess shares greater than the entire outstanding shares would be 400,000,000,000 (four hundred billion) equal to one half the Authorized shares and greater than one half of the outstanding shares. This indicates 50% of all shares trading in this one security are counterfeit.

Some speculation:

Since CMKX stock has typically sold for .0005 and lower, most people buying this security own large numbers of shares greater than 10 million each. Ten million shares at .0005 would cost the investor $5,000. At .0001, which is the average cost of a significant number of shareholders, that 10 million shares cost only $1,000. Since the verified average per shareholder is 57 million shares, it would be reasonable to assume that the remaining 40 thousand unaccounted for accounts would hold at least 20 million shares each. At that rate there would be a total share count significantly greater than the entire outstanding share amount issued by CMKX, the excess shares being counterfeit in origin but indistinguishable from legitimate shares.

Observations and Conclusions:

The counterfeiting of trillions of shares equating to hundreds of millions of dollars worth of CMKX stock is perhaps the biggest counterfeiting operation in history. This is counterfeiting of securities on a massive scale. Looking at the monetary side of it, if the average of 57 million shares per electronic shareholder account is true the amount of money taken out of the market as TAX FREE unaccounted for earnings at .0001 per share would be $228,000,000 (two hundred twenty eight million dollars). If the average price per share were .0005 the amount of tax-free dollars earned by the perpetrators of this massive fraud would be $1,140,000,000 (one billion one hundred forty million dollars).


CMKX is, unfortunately, the tip of a huge iceberg. CMKX represents just one of literally thousands of micro cap OTCBB companies. Naked shorting (SEC sanctioned counterfeiting by DTCC) of micro-cap companies is the rule, not the exception.


Billions of dollars have been taken out of the US stock market and transferred into the pockets of Market Makers, hedge funds, organized crime, terrorists, and other hostile entities.

The greatest source of new well paying jobs in the US is in the growth of new entrepreneurial business. It is specifically these kinds of companies that are targeted by the naked short-selling criminals. This has resulted in demise of more than 6,000 companies over the last few years. Many small business owners whose companies would otherwise benefit from going public are hesitant to do so today. On the one hand they are aware of the market corruption on the smaller exchanges and on the other hand they cannot afford to become fully reporting due to the unbearable costs associated with Sarbanes-Oxley requirements. The investing public loses either way and our economy suffers as a result.
 
Posted by legaleagle on :
 
By: Bellingus
18 Jun 2005, 09:52 AM EDT
Msg. 227612 of 227658
Jump to msg. #
CMKX ~ The Bear Trap
Since March many have been screaming about the companys sloppy bookkeeping and poor management. The entire discussion has obviously been related the apparent notion that we should have been filing and that we are now WAY behind on the same. The drama unfolding before us has had little to do with filing other than to create a diversion.

IMO, the whole thing has been about getting the naked short problem the company is facing on record. The CMKX team has always been able to prove the NSS. In 2003 the company issued the first round of CIM dividends. Last summer a second round was issued. A fixed number of shares was to be divided among CMKX stockholders of record. Because CIM is a private company the opposition was forced to actually disburse a fixed number of shares to all CMKX owners.

That number was approximately 1.5 trillion shares. Because insiders didnt receive the dividend, the 1.5T CIM shares represented the actual bogus shares of CMKX in the float. Thats when the company became aware of the true number of counterfeit stock in circulation. But wait, the MMs have been selling ever since then so the number has obviously grown. And, the company has had a provision in place for that factor too. There remains another round of CIM dividends ready to go, which will simply serve to update last years number. It is obvious to me that the DTC would have never willingly released these numbers without having had to quantify the CIM dividends.

If all of this is true, it would appear that Bill Frizzell has been wasting his time collecting brokerage statements and tallying shares. But appearances in this little drama are more often misleading than not. Frizzell has been a valuable player since he first showed his face in court. Some say that hed been part of the plan all along but I think he just happened to show up at just the right time.

What the man has done is show the opposition that the stockholders are a force to be reckoned with. Through the OG he has allowed a great deal of light to be shed on our situation. One has to think that our opposition never expected to have a group of stockholders in a little pinky be so well organized. Not only that, but it appears that he managed to get some traction in the hearing that we might not have otherwise had in having the NSS even considered. Im talking about his motion to keep the Jefferies letter in evidence and his proclamation to the judge that we have trillions of shares in circulation. This opened the door for the evidence to be admitted. I blush here because of my early assessment of the guy and his intentions. I was wrong about him.

So what happens next? Stoecklien released a powerful post-hearing brief yesterday. Since the SEC called the company on the carpet in the first place, it is THEY who have the responsibility of proving that we were negligent. It certainly appears that they have failed miserably. People have been saying that Roger Glenn did little for the large fee he received but I believe he designed the entire plan that is now nearly finished playing out money well spent, IMO.

But hasnt it been reported that credible insiders have made disparaging comments about RG at the races. Yes. And when youre in a battle such as the one CMKX faces, I can only believe that those comments are propaganda or smoke designed to fool our opponents that we are a bunch of bickering goofballs. While they focus on the dog and pony show apparently playing out as dissention in our ranks, we are accomplishing our true goal of exposing what theyve been doing with the NS. Pay no attention to the man behind the curtain, said the Wizard of Oz.

So far judge Murray has appeared to be fair and impartial. It also seems that we should be left alone and be allowed to file. With the evidence and argument presented by Stoeklein in yesterdays brief, Id guess she has no other alternative but to rule in our favor. And still, we await the report from our Pit Bull. Perhaps the judge takes that information and turns it over to the FBI. Maybe its the final bit of leverage needed to initiate a squeeze. Maybe shell say that faxed statements arent proof positive of anything. And that would be just fine because we always have our trump card round three of the CIM dividends.

Finally, a word on those who think Urban Casavant is an idiot or a fraud. Heres a guy who has secured mineral rights worth billions of dollars. Hes had every imaginable force in the financial community against him from a system apparently designed to protect thieves to insiders who may have tried to steal his claims and only God knows what else. But the wily fox continues on. As a result of the great people he assembled as a team, Urban and all of us are still standing and looking pretty good I might add. That has not happened by accident. Bear stew, anyone? AMHO
 
Posted by legaleagle on :
 
OT: New Michael Jackson Video:

http://media.ebaumsworld.com/nevercoppedafeel.swf
 
Posted by ed19363 on :
 
Same old bull. NSS doesnt matter. Read my lips. NSS DOESNT MATTER !!!!!!

Keep swilling the Koolaid. The supply runs out in July.
 
Posted by ed19363 on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by BCmouser:
If these guys arent revoked - what would that be saying to the rest of the pinksheets companies out there who are thinking of scamming the public? It would be saying go ahead and lie, dont file or bother to keep records and when taken to court plead the fifth . Then go right back to scamming your shareholders so you can live the highlife.
If these guys get off I am forming a company and lying like a whore claiming I have billions of diamonds on my uncles farm in SASK ( he actually owns thousands of acres). When they take me to court I will just plead the fifth and then go back to Vegas to play the slots. LMAO

Your argument requires an assumption that CMKX "IS" scamming the public.
You have shown no proof to the contrary. The judge will decide.
 
Posted by legaleagle on :
 
Have any of you noticed that, now, after many months of going over CMKX with a fine toothed comb, that the SEC has not charged CMKX with any kind of "SCAM". Are they negligent? The best they can find is "failure to report"? And they wouldn't have had this unless Stoecklein wanted them to, based on the fact that he filed the Form 15 correction and knew this would allow them to bring charges. If CMKX is revoked on July 17, it will be because they wanted to be; because they plan on going another direction.
 
Posted by bill1352 on :
 
legal really have we given you more credit for brains then your due??? read the court transcript. the SEC contacted cmkx in december & january about the form 15. they copied those questions to UC in both cases only UC never told stocklein according to the brief. this didn't start because stocklein filed to correct the form 15 it was in the works before that. haklia went after stockleins assistant over it on the stand. lets say UC really thought there were less then 300 shareholders in july 2003, in aug. 2004 there were 2033 ppl holding certs. why wasn't it filed then? my guess is those divys are what tipped the SEC off or put the spotlight on the problem. we were able to figure out the o/s from those divys & when there are 779 billion shares getting a divy there are more then 300 shareholders. UC wanted to be revoked or there would be perfect records. every filing due would be in the day they went to court. stocklein would have handed the judge every page, note, check, claim proof, 10K, 10SQ, 8K & everything else to prove CMKX was on the up & up. show me another company that is not a scam with 1 or 2 ppl serving on the board. you cant have a bunch or your risk someone opening their mouth.


as for not charging them with anything else....first, why? this works fine. second you need proof as in a paper trail. as we learned from the court transcript the only paper trail is canceled checks, claim info & issued shares. records of what money other then selling shares came in is missing. where that money went is missing & UC is taking the 5th so there is no way to get proof or even a starting point on where to look. UC did have a masterplan but it wasn't to make a bunch of shareholders rich.
 
Posted by stockster5 on :
 
RIC... thank you for the info. I'll use better judgement here out.
Has anybody noticed the action with gemm, usca, and soon sggm. Is this just the late reaction of shareholders who don't pay daily attention.
 
Posted by Wallace#1 on :
 
legal, bill,

I'm not sure the SEC can charge them with running a SCAM. That may be some kind of Federal offense outside the SEC's jurisdiction. The SEC did say or suggest that certain acts by UC/CMKX were fraudulent. Maybe that is the area in which the SCAM charge lies.
 
Posted by bill1352 on :
 
well wallace in filing that form 15 they might have something. sort of like depraved indifferance in a murder charge. not calling the t/a after giving 360 ppl shares & those shares being issued to each person, not just to street name would seem to show UC just didn't care. add that to UC knowing the number of shares in the o/s would add to the fact that as the SEC pointed out he should have known there were over 300 shareholders. stocklein never gave any proof that any form of council told UC it was ok to file that form 15. not even in the brief was there even a mention of who said it was ok to do. when roger glenn first got involved i bet he had his ppl call the t/a to see where things stood. the sec can't call a lawyer to testify against a client even a past client. when asked for any paperwork glenns answer was there is none. if he didn't know there were 698 shareholders in 2003 he sure knew there were well over that by summer of 2004 but since the SEC hadn't said anything yet it was allowed to slide. the more i think about it the more i believe those divys set this in motion. the SEC started calling shortly after they were given out & since they were already into USCA's books they saw how the divy's were divided up.
 
Posted by ed19363 on :
 
Sorry, just more bull to me. What I dont understand about the NSS: If it exists, what better way to make it go away than to TELL YOUR SHAREHOLDERS. If this company has a plan, it shouldnt be kept secret from the membership. Cripes, why would ANY company do that. There is a reason for shareholders meetings (Oh, I forgot we dont need them either, we'll let Urban Putzavant make all the decisions, even after admitting he doesnt know how to run a company). You Koolaid drinkers remind me of the three monkeys (deaf, dumb and blind). How can you keep coming up with excuses for a guy who obviously has NO IDEA how to run a company. If I ran my business like UC, I would have been bankrupt years ago. You cant keep secrets from your board of directors, your shareholders, your bankers, your partners.....and you all blindly follow him like he is some kind of God.
Y'all make me sick !
 
Posted by Ric on :
 
Legal, remember telling me a few pages back when I was using numbers that Frizzle gave they didn't add up and you replied that the number of shareholders change every day. You need to listen to yourself because since Dec. or March these numbers changed alot. You gave that 2033 shareholders were not part of CEDE which came to 326 billion shares. You say a lot have got certs now, which also changes the number on record to. But I say that the larger holders in that may have ran for there lives and sold out. There is no telling what is held in Cert and insider shares now. I really believe a lot of people sold there share that were part of record like the owner of Nevada Minerals that got rid of his. I know that didn't go back to o/s but then to UC could have sold the rest of A/S as we speak. Until we have offical number from UC then you, everyone else, and Frizzle can only speculate. And I bet UC and all his buddy's have sold off there shares by now. Also Frizzles shareholders list includes cert holders and until Frizzle offically releases that number its guesses to from these so called people who know people that spread rumors of this and that where they hear it from someones mothers, uncles, sister, that dated the ex of UC's cousin. And you know too because you even said it once that the very small holders are not going to send in shares to frizzle. But oh well keep the blind faith.

So these bullchit post that you keep reposting means nothing until all the facts are included.
 
Posted by Ric on :
 
Bill, well I found one thing on it. Heres UC response to why the SEC got involved with the investigation into CMKX March 4th PR.

"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. "

[ June 18, 2005, 20:16: Message edited by: Ric ]
 
Posted by Wallace#1 on :
 
I just pointed out the fact that the SEC used the word "fradulent" in connection with CMKX.
They also used two other words which are extremely meaningful as they relate to CMKX et al. They are "egregious" and "scienter".

egregious - conspicuously bad, flagrant

scienter - having knowledge, knowing

Those three words, fradulent, egregious and scienter did not get into the SEC's brief by chance. They are extremely important terms when used in a legal sense as to the gravity of the charges against CMKX et al.

If the ruling goes against CMKX, which I believe it will, I guarantee you those words will be used again in another suit against the principals involved. They will have been cut in stone as a result of the hearing.

In that suit, little will be heard about NSS, but much will be said about fraudulent, egregious and scienter. Those words make the jail sentences more severe when principals are found guilty.
 
Posted by bill1352 on :
 
ric thats just legalezze for i got caught. i & a few others including yourself i think had the idea UC wanted this to go belly up in a way he could walk scott free. after reading the transcript i believe it even more. it all depends on if the SEC or the goverment can in some way charge him. from what we have now the only 2 possiblities are illegal share transactions or the form 15.
 
Posted by BuyTex on :
 
Bill, can't remember whether I posted on this thread or not. If I'm outta line, won't bug you: You guys know the ins-n-outs of this one. But I posted somewhere, it reminds me of our recent gvrp deal in this way: seems like both companies would LOVE to get revoked, wash hands, and walk away leaving shareholders with millions of nothing...what's the downside to your "bad guy" if they get revoked?
 
Posted by Wallace#1 on :
 
bill, there are other things they might get UC for, such as theft of assets(think Tyco), failure to perform fiduciary responsibilities (think Glenn's firm, E&A) and that is just for starters.

Maybe you guys don't remember, but I am fairly sure that Edwards & Angell settled in just such a case. Had to do with a major and publicly traded trucking company.
 
Posted by Ric on :
 
Don't know how many fathers we have in here but Happy early Fathers day. I got everything last week. Wife messed up weekends and she had my daughter make me a card and took me out. I didn't have the heart to tell her it wasn't fathers day till next week until she started to call her dad and broke it to her. I guess that I get two good meals out of it anyway, lol.
 
Posted by Ric on :
 
I know it will be revoked but justice won't be served unless they sanction UC were he would not be able to be involved in another public company if they don't put him in jail.
 
Posted by ed19363 on :
 
That would be USCA, probably. So he knew paperwork was going to be required, and did nothing about it.
Ya gotta wonder about this guy's IQ.
 
Posted by ed19363 on :
 
quote:
Originally posted by Ric:
I know it will be revoked but justice won't be served unless they sanction UC were he would not be able to be involved in another public company if they don't put him in jail.

Actually, I'd rather see him forced to reimburse the shareholders somehow. If not, then jail time.
 
Posted by Ric on :
 
Well, very true. But we know that want happen. Just look at PCBM. How about USCI and the one that is legally still ripping off shareholders AFRT (whatever its new symbol is). Now if shareholders should be standing up and shooting the rules need changed then there is example of a legal ripoff that needs stopped.
 
Posted by JohnnyRotten on :
 
Everyone keeps saying the SEC contacted CMKX about the number of shareholders. Show me in the law where contacting the company is the same as denying their original filing.

Communicating is not the law, formal denial is the law.

If they want to charge the company with fraud for knowing there were more than 360 shareholders then they cannot use the communication to prove fraud, because the original filing was before the communication.
 
Posted by Ric on :
 
Frizzle said he would have his brief out late last night or this morning. He was waiting to read CMKX's brief first. I think he said wow when he read it and is trying to come up with something special to save the company after that lame response from CMKX. Of course Frizzle will not admit that there response sucked but I think he is having to spend much more time to try and come up with something to save them now. Only thing is, there is nothing that will. Reading transcripts are so telling.
 
Posted by Ric on :
 
No one said they were using the communication to prove fraud of the original filing. The communication was before the 15A was filed not the original 15. What is being said is the SEC contacted CMKX before they filed the 15A telling them there was an error on the origanal form 15 and they needed to correct it. But the CMKX lawyer is trying to say that the SEC did not contact them before the 15A form and that CMKX did it on there on and not from the communications with the SEC. Stoeckleim is claiming he didn't know nothing about the SEC contacting CMKX. That the SEC contacted the former lawyer and it wasn't known by him so it can't be used in the hearing. But as bill stated on the document it said that it was sent to the former lawyer and UC both so they did know. And if UC didn't tell his new lawyer its not the SEC's fault.

It seems the Stoeckleim is stating a lot of things that stretch the meaning of the word truth to its polar end.
 
Posted by legaleagle on :
 
FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
(903)595-1921
E-Mail jmartin@cmkxownersgroup.com


To the CMKX Owners Group:

I just wanted to bring everyone up to date as I know you are all anxiously awaiting Bills brief. I just went into his office and he looked at me and said "please ask everyone to be patient, this is possibly the most important document I have ever written. I promise I will have it out this weekend." The brief from the company caused him to want to change several things and he seemed very determined and deep in thought. I did not have the heart to ask him if he could give me a time to give you all as to when he would be done.

I will come into the office to scan it and update you no matter what time it is, but for now, go out and enjoy the weekend.

John
 
Posted by Wallace#1 on :
 
JR, you wrote:
"because the original filing was before the communication."

Did you expect them to communicate about the original filing before that filing was filed?????? Do you expect them to be mind readers? Maybe I misread your post? If so, please explain.
 
Posted by stockster5 on :
 
CMKX ... 856.07 mil traded as of Saturday, 19th.
Who the heck is dealing this stock? Does the DCT just print up new certs like the Feds print money when they need it? ... or is that DTC, whatever ...

S5
 
Posted by bill1352 on :
 
johnny, ya think maybe the SEC's communication was to give cmkx a chance to prove there were less then 300 shareholders at the time of the form 15? maybe they wanted some idea as to the illegal shares traded, let cmkx prove they were not illegal before starting any action. i bet if UC left USCA alone & never gave the divys this wouldn't be in court. thoise divys may not have been for shareholders but UC's way to get the SEC started in shutting cmkx down.
 
Posted by bill1352 on :
 
well happy dad's day folks...grandbaby stayed last night with grandpa & was up & running at 6:30 am...good thing the dog keep her busy for a few so i could get 1/2 a cup of coffee...lol
 
Posted by JohnnyRotten on :
 
Wallace,

I think the original filing is what the SEC considers fraudulant. To prove fraud therefore they have to use what led up to that, in this case the later communication has no bearing on that.

In the legal sense the SEC could just reject the filing, require financials, and delist after the 60 day period.

They did not follow the law.

The things that could go to a fraudulunt filing are the issuance to 360 stockholders by the TA, even then they had to prove what was actually issued and the history of those stocks.

You must also look at the beginning part of the brief where they explain when we bought the mining claims and became an exploration company. The dates I believe are important.

1. Became a mining exploration company before the filing form 15. (Exploration companies are exempt)

Because of this exemption we can become a non-filing company even if we have over 300 stockholders. The 300 number became irrelavent.

2. Went to pinks before the filing. (Pinks do not have to file audited financials)

Because pinks do no need audited financials, if the court decides we need to post all past filings they would not have to be audited by anyone.

3. Became a mining company in Jan 2005 or Jan 2004, depending if you believe the 2004 is a typo.


All of these dates are highlighted by stocklein. The judge can figure out the law from these highlights.
 
Posted by legaleagle on :
 
I GUESS DELISTING IS JUST PART OF BEING A DIAMOND EMPIRE:





De Beers.

De Beers Group (delisted) - the world's largest diamond miner and marketeer, with immense offshore and onshore alluvial diamond placer mines in Namibia.

De Beers Group (delisted)


De Beers Group is a multinational corporation, and the world's largest miner and marketeer of hard-rock diamonds and placer diamonds. De Beers was a public-company but delisted and is once more a private corporation, now 100% owned by Luxembourg-registered DB Investments, a consortium of the Oppenheimer family interests via Central Investments DBI (45%) - a subsidiary of Central Holdings Ltd - plus Anglo American plc (45%) and the Debswana Group (10%). Debswana is a company jointly owned by the Government of Botswana and De Beers (10%). Debswana own a 11% stake in Central Investments DBI and therefore owns a further 4.9% of the De Beers Group. The Oppenheimer family owns 40.1% of the De Beers Group.

DB Investments of Luxembourg own De Beers Societe Anonym of Switzerland. As a private company, De Beers Societe Anonym no longer needs to report its diamond stocks in detail, and Switzerland is outside EU jurisdiction, accepts deals on income tax and is useful for offshore transactions. De Beers Societe Anonym is the management arm of the De Beers Group mainly by controlling several operating companies, notably De Beers Consolidated Mines and De Beers Centenary AG.

In the United Kingdom DTC (Diamond Trading Company) is the London-based 'rough' diamond-marketing arm of the De Beers Group. DTC sorts and values about two-thirds of the world's supply of rough diamonds by value, specifically from:
1. De Beers Group's joint venture mines in Botswana, Namibia and Tanzania.
2. De Beers Group's own mines in South Africa.
3. mining companies in the Russian Federation and Canada, via agreements.

In Namibia De Beers has a 50:50 joint venture with the Namibian Government - Namdeb Diamond Corporation (Pty) Ltd (www.debswana.com) - mining in the Sperrgebiet (forbidden territory) created by the German administration after diamonds were discovered in 1908. Namdeb Diamond Corporation has 3,100 employees, and removes nearly 25 million tons/year of overburden and treats >23 million tons/year of onshore and marine alluvials to recover 1.32 million carats/year. The onshore recovered grade is 2.8 carats/100tons @ $322/carat revenue and the offshore recovered grade is 0.2 carats/mІ @ $298/carat. Total reserves and resources (offshore & onshore) are 434.7 million tons covering 49.5 million mІ with 16.2 million carats averaging 1.7 carats/ton onshore and 0.18 carats/mІ offshore. The mines have an estimated 20 years' life at the current rate of mining. Namdeb's largest on-shore producer of alluvial placer diamonds is 'Mining Area 1', extending from the South African border (Orange River) up the coast to Luderitz, extending 5.5km offshore and 20-35km inland:
1. The 'Douglas Bay' mining license continues north from Luderitz up the coast from the marine high water mark for about 15km inland.
2. The 'Orange River' mining license extends along the Orange River.
3. The 'Atlantic 1' mining license extends 65km offshore, and is managed on behalf of Namdeb Diamond Corporation by De Beer Marine.

Namdeb's method of mining in Mining Area 1 consists of removal of 1-10m of overburden using bulldozers, bowl scrapers, articulated dump trucks, mass excavators, and bucket-wheel excavators. In wet areas a bucket-wheel dredge is used. Hydraulic excavators load the placer, assisted by industrial vacuum machines to clean up any bedrock. Placer is fed to 4 preparation plants that screen-off the oversize at 150mm. Oversize is crushed by impact, jaw, cone and gyratory crushers. Diamond-rich slurry is created by a Dense Medium Separation (DMS) plant using ferrosilicon medium and fed to the central recovery plant. The diamond placers originated by 3 migratory routes:
1. fluvial route, mainly via the Orange-Vaal River drainage network;
2. marine route, driven northwards by longshore drift in the Atlantic coastal zone;
3. desert route, as the Namib Desert permits onshore movement of marine sediment.
Consequently, the diamond placers are disposed as:
1. placer terraces of the Orange-Vaal river (the older terraces are the richest).
2. diamond placers of raised beaches and submerged beaches.
3. ablation diamond placers in the desert upgraded by wind erosion.

Due to sea-level changes, offshore placers can be as much as 150m deep with submerged beaches, marine deposits, submerged aeolian placers, submerged deflation placers and submerged river terraces.

In Namibia Namdeb's Orange River Mines include the Daberas site where opencast mining began in 1999 and construction of the processing plant began in 2000. Daberas is the main production unit in the Orange River mining area, with a mine life of >10 years. The treatment facility processed nearly 4 million tons/year of diamond placer gravel, and the in-field screening plant a further 2 million tons/year in more remote parts of the deposit. A pre-feasibility study for the Sendelingsdrif area is being undertaken in 2002. A conventional opencast operation began production at the Auchas Mine in 1990 and ceased in 2000, but placer left due to lower grade and/or low revenue price is being re-evaluated. Namdeb's 'Northern Areas' include Elizabeth Bay Mine 25km south of Lьderitz, plus Namdeb's marine and land contractor operations. The Elizabeth Bay Mine produces about 110,000 carats/year.

In Namibia De Beers Marine increased its recovery of marine diamonds from 30,000 to >570,000 carats/year over the last decade, and owns 4 offshore production vessels with advanced technological systems on board.

In South Africa De Beers owns and operates major mines in diamondiferous kimberlite. De Beers does not pay export taxes and has 3 seats on the Diamond Board, and its sight-holders also serve as board members who approve or reject license applications. The Chairman of the Licensing Committee is a De Beers director. De facto, to gain a license in South Africa requires tacit approval from De Beers approval of the business plan.

In Botwsana De Beers has a 50:50 joint venture with the Botswanian Government - Botsweb - to operate 3 world-class open-pit kimberlite mines.

In Tanzania De Beers operates the large open-pit Mwadui Mine in a Cretaceous kimberlite pipe.
 
Posted by xyz on :
 
They did prove the 360 were issued at the hearing. Can't any of you read. And the TA is the offical recorder for the company and her word in court is fact but the issue records were in court and were talked about several time and part of evidence. So not sure what your point is.

Then your next statement is untrue to. The exemption from filing because of a exploratory mining company is only to part 1 of the 10-Q. Not the entire 10-Q. It also does not exempt you from the 10-K, S-8, 8-K, form 3, form 4, or any other filings. Also to met the standards in that provision you basically must have very little value and the cult claims that CMKX has a lot of value. You can't have it both ways.
 
Posted by CashCowMoo on :
 
a lot of people here will say: "how can a stock be naked shorted if there are 700 billion outstanding shares?!"

but wouldnt having an O/S count that high be the perfect target for someone to NSS? im not an expert on this, but if i were going to short a stock CMKX would be the prime target. it also seems like it would be VERY VERY easy to get the short numbers into the trillions on such a high OS.


what are others opinions on this?
 
Posted by JohnnyRotten on :
 
XYZ,

What happened to them after being issued?

1. Were they sold and held in cert form or sold but held in a brokerage? It makes a difference when calculating owners of record.

2. Were they later sold to people in street name, thus not owners of record any more?

The TA did not offer evidence that there were still 300 owners of record. That number to my knowledge was unknown.
 
Posted by invisbl on :
 
I was able to sell my CMKX position at 0.0001 just wondering if anyone has been able to sell at this price recently?
 
Posted by CashCowMoo on :
 
why would you want to sell at that price
 
Posted by xyz on :
 
Ah come on your joking right. If you know you had 360 then it alright to assume you have less because you refuse to check. Your logic makes no sense and is bull. When for fact we know it was a lot more 698. The reason that I am to stupid to check and see if the shareholders of records decreased from my last know amount it absolute nonsense defense. He knew it was more for fact in Feb. So to say its less on an offical form then you would have at least had to check which the TA who testified they never did. It won't hold up in court. Please don't reply.
 
Posted by invisbl on :
 
CashCow,

i am happy to get out at what i bought in for considering the current state of CMKX
 
Posted by Ric on :
 
I never said that. I believe that most of these scams are prime for NSS. All I said is the volume doesn't support the NSS that is being claimed. Also the numbers being used are all wrong and are not statistically right. NSS is possible and I believe it might have a couple hundred billion NS but not 3 trillion. Even if you spread 3 trillion shares over 3 year its still 4 billion shares average a day just in naked shorting alone. Not counting the normal trading and shares issued by the company. And that has never been proven to happen. Volume just never did that. Of course there were days it happened but not every day. These people just don't comprehend what a trillion is and how long it would take to get rid of.

Next why would you sell at .0001? Why not if you can. This will be revoked. NSS or not. This isn't a NSS issue in court and the Judge made that clear. Its a filing issue and either the file or they are revoked. And they already made it clear that filing wasn't going to happen. That simple.

quote:
Originally posted by CashCowMoo:
a lot of people here will say: "how can a stock be naked shorted if there are 700 billion outstanding shares?!"

but wouldnt having an O/S count that high be the perfect target for someone to NSS? im not an expert on this, but if i were going to short a stock CMKX would be the prime target. it also seems like it would be VERY VERY easy to get the short numbers into the trillions on such a high OS.


what are others opinions on this?


 
Posted by CashCowMoo on :
 
so ric if they are not revoked then what will you say to this board? statement retractments?
 
Posted by Ric on :
 
yes, But as I said before, if I didn't think this was a scam 100% I wouldn't say anything.
 
Posted by CashCowMoo on :
 
i hear you, and your opinion is taken with a grain of salt as i expect mine to be as well.


however you cant tell me you dont see a growing initiative on CMKX's part. i honestly believe pressure is building and pressure makes things snaps....i think CMKX is subvertly applying the most pressure.


just my opinion though
 
Posted by Ric on :
 
Well, no I don't the record 703 billion o/s if nothing else killed this. I have a hard time seeing how people that believe in prrm with 71 billion o/s could possibly believe it could move. But the 703 billion isn't all. The fact that financial records are missing. UC refuses to breakdown o/s. At least the SEC made him give basics on it. We know that 407 was in CEDE in MArch and all of that is float. Just don't know of what is left is part of float. We know from the drilling reports that 15 holes were drilled when 100's were claimed. We know that o/s was over 400 billion last year when the new TA released and know the IR came on and denied it. We know that the company is refusing to give accountants records. We know that in the March PR that UC claimed he didn't know how to run a public company and blamed others for mismanagement. We know that UC said the were voids in records and that he lied about having a office on an office SEC filing. We know all this and more from the transcripts but UC refuses to give shareholders anything for hope but allows impossible theories to float around with know proof to back it up.

But I know for sure NSS or not that there is no way to put pressure on 703 billion shares. I have been in the penny market for a long time now and on this board for a long time, another name got messed up. I have a lot of respect and I am great with dd. Thats what I do best. And there is nothing here to prove this isn't a scam.
 
Posted by JohnnyRotten on :
 
What if the 360 shareholders is deemed inadmissable because of the Brady question?

Would the SEC still have a case?
 
Posted by Ric on :
 
What if UC pulled a filing out of his butt. It will have nothing to do with nothing other then if there are filings then the Judge rules in CMKX's favor. If not they will be revoked, period.
 
Posted by bill1352 on :
 
johnny...seriously, you can't make up rules and facts as you go...fact the t/a did bring evidence there were 698 shareholders at the date of the form 15...WHY WOULD CMKX SAY THE FILING WAS WRONG IF NOT?????


JohnnyRotten
Member


Member Rated:
posted June 19, 2005 14:34
--------------------------------------------------------------------------------
XYZ,

What happened to them after being issued?

1. Were they sold and held in cert form or sold but held in a brokerage? It makes a difference when calculating owners of record.

2. Were they later sold to people in street name, thus not owners of record any more?

The TA did not offer evidence that there were still 300 owners of record. That number to my knowledge was unknown.
--------------------------------------------------------------------------------



if you have certs you have to sign the back & list who they are transfered to or deposit in an account they will then be sent to the t/a either way somebody else owns them. this person is a shareholder. thus 360 - 1 + 1 = 360. the only way that works is if the shares went back to cmkx & were retired. that didn't happen because UC woiuld still be bragging about it...oh thats right he took the 5th.
 
Posted by bill1352 on :
 
cashcow..i hope all is well in your world. sorry bud but i have to agree with ric. i've done the numbers a few ways rounding up every time. i've used the OG numbers & there is no way the average will be over 36 million per shareholder when all is totaled. you'd need close to 100 million average now. the missing shareholders would need over a 25 million average to hit 2 trillion total, including the o/s or 1.3 trillion short. that's a $5000.00 investment at .0002...a $2500 investment at .0001. 51,000 ppl putting that much in a company that won't tell anyone anything. that much in a .0001 company. sorry i cant see it.
 
Posted by bill1352 on :
 
can you believe it? everyone has read a cmkx post & is screaming (& wanting to post) WHAT a F'in MORON!!!!!!! raise your hand...lol


Topic: Whats the chances (Read 114 times)
Pepsimech
Dr. Of Diamonds

member is offline


Joined: Oct 2004
Gender: Male
Posts: 131
Location: Minnesota
Karma: 0 Whats the chances
Thread Started on Today at 8:49pm

--------------------------------------------------------------------------------
I put a buy in for 2.5 million shares at 0.00005 for monday, last buy that went through for me was for 0.00007, whats my chances do you think.
OpionsXpress
 
Posted by Wallace#1 on :
 
Cash Cow, are you back in the thick of things? If so, hope all turns out well for you.

invisbl, very smart move. Too bad others haven't been able to take advantage of a .0001 sale. GLTY.
 
Posted by Ric on :
 
Email from John Mattin
Date: 6/19/2005 11:22:16 PM Eastern Standard Time
From: jmartin@cmkxownersgroup.com
To: XXXXXXXXX


Bill decided to think through it more and re-write it several times over. It is a very important document and he simply wanted to make sure it was the way he wanted before faxing it in. It is a guessing game for me too sometimes. [Smile]

It should be out in an hour or two.

John
 
Posted by legaleagle on :
 
FRIZZELL RESPONSE OUT


134 BILLION NS PROVEN ON 10,500 ACCOUNTS OUT OF 52,000


http://www.cmkxownersgroup.com/OGReplyBrief.pdf
 
Posted by Ric on :
 
You make it sound like only the 10,500 is use to prove 134 billion NS. Not really true. Re-read. He uses the total shares of the 10,500 and compares it to the nobo/obo list to come up with that number but the whole 52,000 shareholders are part of that number too. Assuming the numbers are right that Frizzle got then thats correct. It also say this doesn't include foriegn shares from overseas and Canada. Not 100% sure how the NOBO/OBO list handles those shares but it may be true. But still no 3 trillion shares that some have been passing off. As I just said yesterday I figured there was 200 billion shorted shares and it may be so. But we are still assuming that UC didn't sell the rest of A/S which I believe he did. And Canada claims of unregistered shares being sold by the company there could have been issued by the company and not shorted but unreported. Who knows with this character, UC. But as I stated earlier too. Frizzle did do a better job then CMKX's lawyers.

Not sure what it all matters though. Still a filing issue and with the statement that no one was getting records, I don't think the Judge will give more time. But really liked that approach by Frizzle to try and get it. But when revoked and all is said, there are many shorted companies and look what happens to them. Good Luck
 
Posted by Ric on :
 
The only sad thing about this is after it is revoked the blame will be put on everyone but the true culprit. Everyone will say the Judge was in shorties pocket. They will blame the lawyer which really doea need blame. They will blame shorty which is a bad group of people. But who they won't blame is UC and he really caused all of this. As Cashcow said, wouldn't a company with 703 billion shares be a target of NS. Yes it would. We also have to remember there is still a percentage of legal shorted shares too and I believe it has to go over 850 billion shares before that happens under the SHO list regulations. But still it won't matter. The company wouldn;t be here if UC ran a company the way it should and didn't sell shares for profit. Not saying this is right but if I was a crook then would I believe that stealing from a crook isn't bad. They don't look at it as stealing from us. It is the companies doing it why shouldn't we get in on this scam.

UC IS THE CROOK HERE AND SHOULD BE THE ONE THATS BLAMED FIRST.
 
Posted by Ric on :
 
One thing I do see the cult running with from Frizzle's response that won't play, is the why did you not call these other people. Maybe they could call every person UC ever came in contact with. Yes these people could have maybe cleared up a few issues but guess what that won't fly.

And the reason that won't fly with the judge is, they did call UC and HE TOOK THE FIFTH. Also on the cross of the only other board member he did not know crap. The answers were going to be asked here and UC refused to talk. So theres why the response will fail.
 
Posted by GatorMan on :
 
One thing I noticed, and has bothered me, about the share counts that Frizzel is using is that he is basing them on a brokerage statement faxed to him. A statement from March or April is suggested. This opens the possibility for shares to be double counted since I may send in my March statement, then sell my shares in April and someone else send in their April statement which again counts the shares I just sold them.

My solution to this whole thing: temporarily revoke the stock until all reports are filed. Give the company 6 months to get all filings in. If they do in that time then reinstate trading status. If not, then the stock is revoked permanently. This serves a number of purposes. This throws the burden back on CMKM to get the filings out and in the meantime prevents more "damage" to unsuspecting investors.

What would really be a cool solution, but probably not practical, would be to let only those who currently have stock trade amongst themselves. But I don't think this is an option.
 
Posted by legaleagle on :
 
STING, Code name: "Zippity do dah" LOL
 
Posted by legaleagle on :
 
CMKX trading at 10 million shares per minute. Hmmmm.
 
Posted by legaleagle on :
 
TEST VERSION


--------------------------------------------------------------------------------
UNITED STATES OF AMERICA Before The SECURITIES AND EXCHANGE COMMISSION ______________________________________ In the Matter of : CMKM Diamonds, Inc. : ADMINISTRATIVE PROCEEDING : FILE NO. 3-11858 : : : Respondent. : ______________________________________ POST-HEARING REPLY BRIEF AND STATEMENT OF POSITION OF JOHN MARTIN, ET AL AND THE CMKX OWNERS GROUP Dated: June 17, 2005 Bill Frizzell 305 S. Broadway, Suite # 302 Tyler, Texas, 75702 Telephone: (903)595-1921 Facsimile: (903)595-4383 Attorney for John Martin and the CMKX Owners Group
i
TABLE OF CONTENTS Page I. INTRODUCTION. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 II. STATEMENT OF THE CASE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 III. SHAREHOLDERS ARGUMENT. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 3 A. The Shareholders Concede the Company Has Yet to File Required Financial But Requests Additional Time for Compliance and Equitable Relief from This Court . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 B. Discussion of Steadman Factors in Opposition to Revoking of CMKM Registration. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 (1) The Acts of CMKM Are Not Egregious . . . . . . . . . . . . . . . . . . . . . . 4 (2) CMKM Failure To Report Was Recurring. . . . . . . . . . . . . . . . . . . . . 5 (3) Shareholders Do Not Believe Scienter Has Been Proven. . .. . . . . . . 5 (4) Shareholders Believe CMKM Is Aware Of Its Wrongful. . . . . . . . . 8 (5) CMKMs Violations Are Not Likely To Reoccur. . . . . . . . . . . . . . . 9 C. The Public Interest Is Not Best Served by Revoking the Registration of CMKM. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 (1) Discussion on Revoking Versus Suspension. . . . . . . . . . . . . . . . . . . 10 (2) Naked Short And Its Relevance To This Proceeding. . . . . . . . . . . . . 11 IV. CONCLUSION. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
ii
TABLE OF AUTHORITIES Cases Page Berko v. SEC, 316 F.2d 137, 141-42 (2d Cir. 1963) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Ernst & Ernst v. Hochfelder, 425 U.S. 185 (1976) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 In the Matter of e-Smart Technologies, Inc., 2004 SEC LEXIS 2361 (Oct. 12, 2004) . . . 11 In the Matter of Neurotech Development Corp., 2005 SEC Lexis 447 (March 1, 2005) . . 11 Steadman v. SEC, 603 F.2d 1126(5th Cir. 1979), affd on other grounds, 450 U.S. 91 (1981) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 In the Matter of Bacardi Corporation, 1992 SEC LEXIS 1087 (May 8, 1992) . . . . . . . . 4 Intl Sholders Servs,. Corp., 46 S.E.C. 378, 386 n.19 (1976) . . . . . . . . . . . . . . . . . . . . . . 12 Robert Bruce Lohmann, 80 SEC Docket 1790, 1798 n.20 (June 26, 2003) . . . . . . . . . . . . 12 J. Stephen Stout, 73 SEC Docket 1441, 1467 n. 64 (Oct. 4, 2000) . . . . . . . . . . . . . . . . . . . 12 Joseph J. Barbato, 53 S.E.C. 1259, 1282 (1999). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Statutes and Regulations Section 12(g) 15 U.S.C. 78l (g) (4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Reference Material Rogets New Millennium Thesaurus, 1ST Edition by Lexico Publishing Group, LLC (2005). 4
1
I. INTRODUCTION The common stock of CMKM Diamonds, Inc. (hereafter CMKM) has been registered under Section 12(g) of the Exchange Act since 1999. CMKM is a mining company with mineral claims in Ecuador and Canada as well as significant joint venture investments domestically. (Exh 54 at 2). The Commission instituted proceedings against CMKM on March 16, 2005 for the companys failure to file periodic reports since 2002. The undersigned counsel currently represents approximately 5,400 shareholders of CMKM. This brief is filed on behalf of this group of shareholders in the nature of an amicus curae brief. Although the arguments set out in this brief may generally benefit all CMKM shareholders, the undersigned counsel presents these comments only on behalf of those shareholders that have desired representation by the undersigned. The shareholders of this company for the most part have a strong belief that CMKM is a viable company with significant assets. According to press releases, the company has been attempting to restore this company to proper reporting status since at least January of 2004 yet no financial reports have been filed by the company. The shareholders believe properly audited financial reports will be filed by the company if given sufficient time to make such filings. The stock of CMKM has traded literally billions of shares daily beginning in 2004. (Exh 17) The Company has over a million acres of mineral claims and has invested in numerous joint ventures that purport to have significant value. CMKM blames the failure to timely file reports on poor record keeping and untimely departures of accountants, auditors and other key personnel.
2
II. STATEMENT OF THE CASE The Shareholders have reviewed the Statement Of The Case as offered by both the SEC and CMKM. Each party has offered a Statement Of The Case highlighting certain facts of the proceedings which are significant to the arguments and positions they take before this Court. Both versions are factual and properly reference the testimonial evidence introduced at the hearing and through stipulations of evidence. The Shareholders do not offer any additional comments as it does not appear there is significant dispute over the facts.
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III. SHAREHOLDERS ARGUMENT A. The Shareholders Concede the Company Has Yet to File Required Financial Reports But Requests Additional Time For Compliance and Equitable Relief From This Court The Shareholders do not agree the SEC has sustained its burden of proof that CMKM filed a fraudulent Form 15 when the company elected to change its reporting status. The SEC had the authority at the time of the filing to determine if such form was accurate and proper. (4) Registration of any class of security pursuant to this subsection shall be terminated ninety days, or such shorter period as the Commission may determine, after the issuer files a certification with the Commission that the number of holders of record of such class of security is less than three hundred persons. The Commission shall after notice and opportunity for hearing deny termination of registration if it finds that the certification is untrue. Section 12(g) 15 U.S.C. 78l (g) (4) The SEC did not take action at the time to verify the accuracy of the Form 15 statement filed by CMKM. An investigation into the Form 15 filing should have taken place in 2003, but such never occurred. The SEC has conducted Form 15 filing investigations in the past. In 1987 a dispute arose among the famous Bacardi rum family owned company. The majority stockholders announced a 1,000 for 1 reverse split of the stock much to the chagrin of some minority shareholders of the Bacardi name. The company filed a Form 15 on the same day of the split and ceased reporting per 12(g) of the Exchange Act. The same minority stockholders (members of the Bacardi family) created 238 trusts and transferred shares into the trusts and claimed the company thus had more than 300 shareholders. The SEC ordered administrative proceedings one year later. Hearings took place
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over the next couple of years and in 1990 the administrative law judge issued an initial decision and found that there were more than 300 shareholders and the Form 15 should be denied. In the Matter of Bacardi Corporation, 1992 SEC LEXIS 1087 (May 8, 1992) Don Stoecklein, as the newly hired counsel of CMKM, sought advice from the SEC on how to resolve the question of an erroneously filed Form 15 and he acted pursuant to the SECs instructions by filing the Form 15A. (Hearing Tr 321-323) Since the filings of the company were not due until April 17, 2005, this OIP was premature. Instead of beginning the task of becoming reporting, immediate efforts were needed to respond to this proceeding. I ask the court to apply some equitable relief in this regard. This Court can take judicial knowledge of the time and money spent by CMKM and a like amount of man hours spent by Don Stoecklein preparing a defense to the SECs 12(j) proceeding. If the Court finds the OIP was premature, it would seem equitable to grant additional time to CMKM to prepare its filings. B. Discussion of Steadman Factors in Opposition to Revoking of CMKM Registration (1) CMKM Acts Are Not Egregious. The Steadman case gives guidelines to this court for determining proper sanctions. Steadman v. SEC, 603 F.2d 1126(5th Cir. 1979), affd on other grounds, 450 U.S. 91 (1981) This author has not found a legal definition of the term egregious in the context of failing to file financial reports. Rogets Thesaurus lists the following synonyms for the word egregious. Atrocious, deplorable, flagrant, heinous, monstrous, preposterous and scandalous. Rogets New Millennium Thesaurus, First Edition by Lexico Publishing Group, LLC (2005). The shareholders find no acts of an egregious nature committed by CMKX. Evidence of fraud simply has not been
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established. All evidence suggests the company was not required to report but the company was making efforts to return to proper reporting status. (2) CMKM Failure To Report Was Recurring. Shareholders agree with the SEC that CMKM is seriously in violation of securities laws by not filing timely and accurate financial reports. Financial reports by CMKM should be filed and it is believed that extensive work is ongoing to bring this company into compliance. It appears to the shareholders that proper filing will eventually occur and the past failures to report are a result of many factors. Professional negligence may well be part of the cause of the companys filing problems. The shareholders are hopeful that this Court will give some consideration to the company and allow for additional time to become current in its reports in light of the problems caused by various paid professionals. It is evident from the record that a host of accountants, financial officers, former management people and hired attorneys have created quite a nightmarish scene for any reputable auditor. We would ask this court to consider these factors while we admit reporting laws are currently being violated. (3) Shareholders Do Not Believe Scienter Has Been Proven The attorney for CMKM correctly sets out in his brief several examples which the Courts have recognized to establish scienter. The courts do not cite assumptions, inferences and possibilities when they are faced with a scienter determination. There have been no facts presented in this hearing which prove a culpable mental state such as an intent to deceive by CMKM. To most shareholders, it appears the company has spent nearly two million dollars in less than 2 years on accountants, lawyers, auditors and other professionals who were supposed to perform the acts that
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clearly have not been done. It is shocking to hear we cant get proper accounting records gathered for an audit. Egads, doesnt the company keep books and file corporate returns to the IRS? Why are we in a position to have our registration revoked for non filing when we hired an ex-SEC enforcement attorney a year ago for the sole purpose of making us compliant? We pay $100,000 to an auditor that bails out the day before our hearing on deregistration. (Hearing Tr 100 ) His excuse for withdrawing is the companys delay in getting the records to him and he is busy with other clients. Can one company be a victim of such dumb rotten luck? Or is there a strategy to this madness somewhere and the shareholders just happen to be an unwilling participant? In the many exhibits proffered by the SEC, you will see David DeSormeau listed as our Chief Financial Officer for 2002, 2003 and 2004. The 14C filed by the company in January of 2003 confirmed Mr. Desormeaus position with the company. (Exh 3) He was paid 1.5 million dollars to run the business end of our company. (Hearing Tr 347-348) A press release dated December 3, 2002 offered in evidence by the SEC promotes him as a financial systems consultant and a veteran of 32 years of financial accounting systems. (Exh 28) His system was supposed to feature coordination capabilities with the current auditor and seamless integration with the newly enacted Securities and Exchange Commission auditing practices. The SEC is very much aware of Mr. DeSormeau. They obtained records from our now ex-auditor Mr. Neil Levine. The letter from Mr. Desormeau to Mr. Levine clearly indicates he was cooperating with the audit. The records obtained by the SEC revealed Mr. DeSormeau was providing stock transfer records as far back as 2002 to Mr. Levine while the auditor was awaiting our other company records. (Exh 26)
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A CPA-auditor named David Coffey is referenced in the 14C. Mr. Coffey resigns per a letter in the 14C. (Exh 3 at page 43) Mr. Desormeau was appointed to find an independent auditor to replace Mr. Coffey. (Exh 3 at page 9 & 10) Why did the SEC fail to depose Mr. DeSormeau or subpoena him and his records to the hearing? Why was Mr. Coffey not questioned or subpoenaed to the hearing? An attorney regularly used by the company to issue letters of opinion to the transfer agent was Brian Dvorak. Mr. Dvorak, according to the 14C, was general counsel for CMKM and prepared corporate resolution documents and letters for the company. This 14C was filed a few months before the questioned Form 15. No one seems to know who prepared the Form 15. There is a subpoena for Mr. Dvorak, but there was no production of any materials by this witness. There was no deposition taken of Mr. Dvorak. Mr. Dvoraks appearance was not requested by either party. I am not making these comments to be critical of the SEC in the presentation of their case. Their case was very organized and very persuasively presented. I am compelled to point out missing evidence if it appears significant to any proof that may be required in this case to justify revocation. Does Mr. DeSormeau have the companys needed financial records and what actions did he take towards retaining an auditor? Why was there no evidence from this key witness presented to the Court by either the Company or the SEC? When Mr. Desormeau responded to Neil Levines request for records, the response was on the letterhead of a company called Business Works. (Exh 26) Business Works received 63 billion shares of CMKM stock in 2003 and 2004 according to the master shareholders list. (Exh 14) By August of 2004 all stock belonging to Business Works had been sold or transferred out of this company. (Exh 14) This highly paid chief financial officer
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seemed to be unimportant to these proceedings for some reason. Is the companys objection to revocation the equivalent of Brer Rabbit telling Brer Fox, Please, oh please, whatever you do, please dont throw me in that briar patch!. The Steadman case asks the Court to consider scienter and proof of the same before considering appropriate sanctions. The SEC has the burden of proof to establish scienter on the part of CMKM. This burden of proof was not sustained by the SEC. (4) Evidence Clearly Proves CMKM Is Aware Of Its Wrongful Conduct. There is no dispute that Don Stoecklein and his firm brought the defective Form 15 to the attention of the SEC. This was done without knowledge by Mr. Stoecklein that prior discussions were had between the SEC and Roger Glenn (the previous CMKM attorney). Mr. Stoecklein sought advice from an acquaintance at the SEC on how to deal with an erroneously filed Form 15. Mr. Kevin Oneil responded on behalf of the SEC to Mr. Stoeckleins inquiry. (Hearing Tr. 322). There appears to be no dispute regarding these communications. Mr. Stoecklein followed the directions of Mr. Oneil and filed the Form 15A. A wise old farmer once said, When you find yourself in a hole, the first thing you do is quit digging. The actions of Urban Casavant in bringing in a new attorney and appointing a Co-Chairman of the Board are important on the issue of awareness. When one considers the immediate action of Mr. Stoecklein and all subsequent work being done by his firm and associated bookkeeping entities to remedy the wrongs, the evidence establishes adequate awareness of any wrongful conduct. Common sense suggests that if work on the missing records is ongoing the company is aware of its wrongful conduct. Is the company making efforts to comply? What is the evidence of
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ongoing work? A) We know the first three quarters of 2002 are already audited but have not yet been filed. See letter from David Coffey in Exh 6 at Disclosure page 21. B) We know our previously hired auditor Neil Levin was getting cooperation from our Chief Financial Officer David Desormeau. See Exh 26. A very detailed 26 page spreadsheet documenting stock issuance matters for 2002 and 2003 was produced to Mr. Levine. C) We know everyone is being paid by the company. $40,000 per month to Mr. Maheu, $1,500,000 to our Chief Financial Officer, $100,000 to our ex-auditor Neil Levine. There is testimony that Mr. Stoecklein and the employees of Opus Pointe are being paid. D) New corporate governance requirements dictated by Sarbanes Oxley are being complied with such as the hiring of Mr. Maheu and the Stoecklein Law Group. E) The SEC and Mr. Stoecklein have all procured the 500 page master shareholder report for audit purposes. F) Neil Levine shows many hours of work since January of 2005 on this audit according to his billing statement. (Exh 25) G) There is testimony by Suzanne Herring and Kristen Buck about the efforts which have already produced a partially complete general ledger for 2002, 2003 and 2004. (Exh 58) (Tr 167 and 314) This exhibit refers to backup documents and lists checks and their recipients and numbers. The memo section refers to payees and the names of recipients of wire transfers. It is therefore safe to assume that the people working on these records have adequate bank records. Thus it appears the companys books are auditable. There is certainly some evidence that CMKM is aware of the error of its ways. We ask the Court to protect the current investors and allow the filing process to continue. (5) CMKMs Violations Are Not Likely To Reoccur. The shareholders are convinced that Urban Casavant is aware of past violations. The shareholders remain confident that Don Stoecklein and Robert Maheu will be on hand to complete the filings and return CMKM to current filing status. The company is spending serious money on audits and auditors. Testimony was offered at the hearing by two of the individuals doing the audit preparation work under Mr. Stoeckleins
direction. (Suzanne Herring at Hearing Tr 167 and Kristen Buck at Hearing Tr 314) I have reviewed every 12(j) proceeding since 1995. In the administrative law decisions I have read, I cannot find one case where a non reporting company has expended sums even close to the kind of money spent by CMKM to become compliant. The involvement of the Stoecklein law group and Opus Pointe clearly demonstrates the companys commitment to become compliant. C. The Public Interest Is Not Best Served by Revoking the Registration of CMKM Diamonds (1) Discussion On Revoking Registration Vs. Suspension The SEC tells this court in its brief that Steadman factors should be resolved in favor of revoking the registration of CMKM. The Fifth Circuit while explaining its reason in the Steadman case made the comment: We subscribe to the common-sense notion that the greater the sanction the Commission decides to impose, the greater is its burden of justification. Where, as here, the most potent weapon in the Commissions arsenal of flexible enforcement powers, Ernst & Ernst v. Hochfelder, 425 U.S. 185, 195, 96 S.Ct. 1375, 1382, 47 L.Ed. 2d 668 (1976), is used, the Commission has an obligation to explain why a less drastic remedy would not suffice. You dont always have to throw out the baby with the bath water. I have heard it said as a side bar comment and certainly revealed by implication that the concern in this case is not for the current shareholders, but for future shareholders. I do not find such language in the mission statement of the SEC nor do I find such language set out statutorily. Most cases talk of protecting the investing public. The investing public in this case happens to be thousands of individuals who have already purchased stock in this company as well as prospective purchasers. The severity of a sanction depends on the facts of each case and the value of the sanction in
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preventing a recurrence. Berko v. SEC, 316 F.2d 137, 141-42 (2d Cir. 1963) This court should take into account the large number of shareholders and the very real possibility that reports will be filed in short order. Judge Kelly in the Neurotech case referred to a post hearing telephone conference to monitor the status of the companys progress in auditing the overdue reports. In the Matter of Neurotech Development Corp., 2005 SEC Lexis 447 (March 1, 2005) There is dicta in the e-Smart case which suggests the Commission can issue an order requiring the issuer to comply with certain reporting requirements within a specified time. e-Smart, supra, n. 17. The shareholders would ask this Court to conduct such monitoring if the Court is so inclined or consider making specific orders compelling the production of all records needed for filing. These sanctions provide more investor protection than the registration revocation sought by the SEC. (2) Naked Short Selling And Its Relevance To This Proceeding I was informed by this Court at the evidentiary hearing that this Courts policy is to accept post trial exhibits until it enters its final ruling in this matter. (Hearing Tr 22) This Court ruled that evidence of naked short selling would not be allowed at the hearing and the Court granted the SECs Motion in Limine. This writer recognizes that naked short selling is not a part of the pleadings in this case. However, at the beginning of the public hearing of this matter, the Court referred to the e-Smart case. In the Matter of e-Smart Technologies, Inc., 2004 SEC LEXIS 2361 (Oct. 12, 2004). Judge McEwen held in her conclusions of law that Generally, arguments and factual matters falling outside the scope of the order instituting proceedings are considered only for limited purposes, such as background. Intl Sholders Servs. Corp., 46 S.E.C. 378, 386 n.19 (1976) The Court held that conduct outside the scope of the order instituting proceedings may also be relevant
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for purposes of assessing sanctions. Robert Bruce Lohmann, 80 SEC Docket 1790, 1798 n.20 (June 26, 2003); J. Stephen Stout, 73 SEC Docket 1441, 1467 n. 64 (Oct. 4, 2000); Joseph J. Barbato, 53 S.E.C. 1259, 1282 (1999). I ask this court to consider evidence of the naked short selling of this stock for the purpose of assessing sanctions. The chaos created in the market place by naked short selling is an obvious incentive for the SEC to hope CMKX never survives. The DTCC with the supervision of the SEC has allowed a Stock Borrow program to permit short selling of a stock without ever owning the stock. Proponents of the present system claim the need for liquidity in the market validates the need for such borrowing program. The law allows for such borrowing but mandates that valid stock be obtained from the market place and delivered to the seller. Such deliveries (usually electronic entries) are mandated by law. The SEC acknowledged the problems caused by certain entities abusing this short selling technique and enacted Regulation SHO effective January 5, 2005. A daily list of fails to deliver such stock is generated by the DTCC and sent to the SEC once such deliveries have reached a threshold level of abuse. The borrowing of stock by the millions, and in this case by the billions, with no attempts to obtain valid shares (covering), has caused an evil in the market place that needs removing. These shares are counterfeited because they have never been authorized by the company and have never been issued by the company, yet they remain as electronic entries in brokerage and clearing firms. Investors like many of the shareholders in this company have taken their hard earned funds to the brokerage desk and receive at the end of a month their statement from the broker indicating their ownership of such phantom shares. It is not uncommon for a brokerage house to observe an open position (failed delivery of a stock) and demand that someone cover if it remains
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open for too long. As the short sellers conspiracy with others of like mind continues, these short positions are replaced by other short positions and the cycle continues. The short sellers dream of bankruptcy and business failure by the targeted companies. When the business fails, the shorts reap their profits. An exhibit (hereafter referred to as SH Exhibit 1)which the court will receive as a post trial exhibit will prove to this court that billions of shares of this company stock have been sold by third parties and such shares are above and beyond the number of shares issued and outstanding by the company. A plan began several months ago to ask shareholders to send their monthly statements from their brokers to this office so that we can generate proof of shares being sold that do not exist. SH Exhibit 1 is an accumulation of over 10,500 accounts documented in the monthly statements of CMKM shareholders. SH Exhibit 1 is an accumulation of 10,500 accounts which total 455 billion shares. CMKM has provided us with a NOBO/OBO list which is recognized in the industry as an accurate list of street name share owners. We have also obtained a list of current certificates (hereafter certs) of ownerships which have been issued by the transfer agent. The current cert list from the transfer agent confirms that stock certificates issued by the company total 320,350,228, 958. The number of shares reported by the NOBO/OBO list tell us that 67,009,739,337 shares are being held in brokerage accounts of Objecting Beneficial Owners. There are 6,993 registered OBO accounts in this stock. This total of 837,359,968,295 exceeds the reported issued and outstanding 703 billion shares of the company by approximately 134,000,000,000. This alone is a staggering number of shares which have been sold by various third parties but do not exist except as electronic entries.
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As we worked to compile these numbers we saw an increasing number of summaries that were not being reported on the NOBO/OBO list. We soon learned that our NOBO list does not include stocks which have been sold through most overseas brokers. We have also learned that most Canadian brokerage houses have shares that are not represented in the OBO list. This stock has traded in 64 countries around the world. When you add the shares which are being represented by electronic entries in foreign countries our total of outstanding shares will approach one trillion shares. The NOBO list tells us there are 52,676 accounts in various brokerage institutions that report to the NOBO service. Our figures are a tally of only 10,500 of those accounts at the brokerage houses. The true tally of shares in the market place will not be known until we add the remaining 42,000 accounts owned by CMKM shareholders that have not yet responded to our request. We ask this Court to consider that revocation of this stock may have more to do with the naked shorted shares than a concern over late filings. This may explain what I perceive to be a rush to judgment. I have never seen a case with so much at stake where there has never been one word of negotiating a settlement. At least on the surface, the only problem here is the filing of some financial reports and obtaining the time necessary to prepare such reports. Why did the SEC choose the shortest possible time period to obtain a ruling from this court? Rule 360 of the SEC Rules of Practice provides for a decision in 12(j) cases to be rendered in either a 120, 210 or 300 day time frame at the discretion of the Commission. Why not extend this matter into the 210 or 300 day provisions instead of the lightning fast 120 day program we are under at this time so that filing might protect this large group
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of shareholders? Why was this proceeding filed prematurely (at least by our interpretation)? Can the Court assist us in this regard? Why does the SEC resist the companys request to view the open fails to deliver which are given to them daily from the SEC? If the naked short position in this stock has any bearing whatsoever on this rush to judgment, I implore this court to slow down the judgment train. IV. CONCLUSION This Court should consider all of these reasons as it ponders the sanctions to be placed on the company for non reporting. As I review the SEC brief and the CMKM brief I see very few references to the real victims of deregistration in this security. There is a noticeable lack of discussion about the affects of deregistration on the investing public. In this regard, these shareholders look to this Court for protection. Respectfully submitted, _

Respectfully submitted, ______________________________ Bill Frizzell Attorney for John Martin, and the CMKX Owners Group 305 S. Broadway, Suite 302 Tyler, Texas 75702 (903) 595-1921 Phone (903) 595-4383 Fax State Bar No. 07484500___________________________
 
Posted by legaleagle on :
 
Any revocation now would be seen for what it is, an attempt by the SEC to bury the naked shorting of CMKX.
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
One thing I do see the cult running with from Frizzle's response that won't play, is the why did you not call these other people. Maybe they could call every person UC ever came in contact with. Yes these people could have maybe cleared up a few issues but guess what that won't fly.

And the reason that won't fly with the judge is, they did call UC and HE TOOK THE FIFTH. Also on the cross of the only other board member he did not know crap. The answers were going to be asked here and UC refused to talk. So theres why the response will fail.

Ric, the "burden of proof" was on the SEC. CMKX had no responsibility to prove anything, the SEC did. Why didn't the SEC depose and call Desormeau?
 
Posted by Ric on :
 
Thats what I mean. You refuse to see this as UC's fault. No its not a SEC cover up. As the SEC stated, UC made claims over and over again for over a year that they were going to be reporting. And even after CMKX was busted when the SEC reviewed there records while investigating USCA, UC still hasn't done anything. Were is any filing. Even if you want to argue that they don't have to file the old filing then were is the first quarter filings for this year. CMKX is giving the Judge nothing to let her help you with.

But ohhhhh no its not CMKX's fault, it is a SEC cover up. Well, just believe that while you hold your worthless shares. It wont make any difference. And as the SEC states, if CMKX does file after being revoked then they can appeal. Thats were the judge gets her out on this. But we all know that there will never be any. Because it would show were the money is from the sell of all these shares. Voom Voom lets go racing.

quote:
Originally posted by legaleagle:
Any revocation now would be seen for what it is, an attempt by the SEC to bury the naked shorting of CMKX.


 
Posted by legaleagle on :
 
UC hired Desormeau to get CMKX reporting. Why wouldn't he think that it was getting done? Again Desormeau was the source of filing information, why didn't the SEC call him?

Frizzell asked this question above: "Mr. Desormeau was appointed to find an independent auditor to replace Mr. Coffey. (Exh 3 at page 9 & 10) Why did the SEC fail to depose Mr. DeSormeau or subpoena him and his records to the hearing?"

It's apparent that the SEC didn't call him because they didn't want his testimony. Why not? You can try to put this on CMKX, but as stated they didn't have any responsibility to make the SEC's case, they did. So why not call the guy who was responsible for getting the books together? Only one reason, and you know it.
 
Posted by Ric on :
 
Well Legal, the lawyers for the SEC probably did contact him and he probably told them what everyone else did about the problem with the records. Who knows why they didn't call. And yes your right on the burdon of proof but if they felt the answers would be best from the owner then they may have wanted him to answer it. Maybe he would have been a bad witness but then if he would have then why didn't the company call him. Because who they did call turned out to be better SEC witnesses anyway. CMKX could have used a good witness. So you can ask that qestion both ways. But speculating doesn't change anything because the SEC provrd there case in court. Just because you refuse to see it they did. And without UC to say different the judge will revoke. You could tell from her questions in the hearing to some of the witnesses how things were going in her eyes.
 
Posted by legaleagle on :
 
CMKX broke the law on filing. OK I'll give you that one. But sometimes the law must be broken for the greater good.

I'll give you an example. You are sitting at a stop light, when a hoodlum approaches you with a gun drawn. What do you do? You run the light and leave at high speed.

Urban's company was under attack by insiders and an enormous naked shorting campaign. Minor infractions of the law should be forgiven, when done in self-defense. I say, Urban, RUN THE LIGHT.
 
Posted by Ric on :
 
I will give UC the benefit of the doubt that he didn't intend to run a scam to begin with. But as wit the American shaft, its very expensive to mine these days. They already said that all last years profit had to be put back into the mining operation and they still had 180,000 dollars in debt. And this is from a functioning mine. It may have been porr bookkeeping at first were UC didn't keep good records. But at some point things changed.

If UC was using the investors money right then all of it would be going back into exploration. Not racing and a 3.5 billion dollar home. There would be more then 15 holes drilled and wasted lands would have been released to hold down expenses. Cost cutting and expense reports would be given to show how our money was being spent. A real office would be set up with real employees to handle lets say book keeping so you wouldn't need to pay 2 million dollar to fill in voids in the records. BUT MOST IMPORTANT WE WOULDN'T BE AT THE RACE TRACK EVERY WEEK SPENDING INVESTORS MONEY ON T-SHIRTS AND HOT DOGS. Oh yeah the sponsorship thingy too. Now how much of our money does he spend on his hobby. How many holes could he have drilled with that money?

At some point UC found out it was better business to sell shares then to mine. Less overhead and more time he could spend at the track. Then why hire all these people. To try and get the cult to blame others and its working. Because you can hire everyone in the US but if you don't tell them anything and don't give them the stuff they need to work then they can't do anything. It was smoke and mirrors to hide the fact he sold 703 billion shares and having the party of his life. And guess what it worked.
 
Posted by ed19363 on :
 
UC hired Desormeau to get CMKX reporting. Why wouldn't he think that it was getting done?

Excuse me, but isnt the boss supposed to know what his employees are doing?
This is the worst excuse I've seen yet.
The boss isnt supposed to "THINK" its getting done, he's supposed to stay away from the race track long enough to "MAKE SURE" it's getting done.
 
Posted by stockster5 on :
 
Does anybody know if cmkx is still trading on that 'illegally listed' german board???
 
Posted by Doctoall on :
 
quote:
Originally posted by legaleagle:
CMKX broke the law on filing. OK I'll give you that one. But sometimes the law must be broken for the greater good.

I'll give you an example. You are sitting at a stop light, when a hoodlum approaches you with a gun drawn. What do you do? You run the light and leave at high speed.

Urban's company was under attack by insiders and an enormous naked shorting campaign. Minor infractions of the law should be forgiven, when done in self-defense. I say, Urban, RUN THE LIGHT.

I say: Urban do not stop at the light, you already collected more than $200 of our money, you robbed us blind and go straight to "jail" [Big Grin]
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
UC hired Desormeau to get CMKX reporting. Why wouldn't he think that it was getting done?

Excuse me, but isnt the boss supposed to know what his employees are doing?
This is the worst excuse I've seen yet.
The boss isnt supposed to "THINK" its getting done, he's supposed to stay away from the race track long enough to "MAKE SURE" it's getting done.

So ed, do you think Bill Gates is burning the midnight oil going over the financial statements? Or does he simply get a report from the CFO, simply saying "everything going according to plans"
 
Posted by Doctoall on :
 
Legal I think that you owe Bill Gates an apology, geez trying to compare him with Urban Casavant [Big Grin]
 
Posted by bill1352 on :
 
i'll give frizzy credit. it would seem he is the only 1 involved with cmkx, company side not SEC side, that is doing anything for the shareholders. BUT again UC has left him a bag of chit to work with. its real hard to make that smell like roses.

point 1.....The shareholders of this company for the most part have a strong belief that CMKM is a viable company with significant assets. According to press releases, the company has been attempting to restore this company to proper reporting status since at least January of 2004 yet no financial reports have been filed by the company. The shareholders believe properly audited financial reports will be filed by the company if given sufficient time to make such filings.

the shareholders believe, according to prs they want to file. shareholders may own the company but they dont run it. they dont know the whole story. its been 18 months since the filing prs started, how long should they be given?. his breif is based on what shareholders believe & after over 1 yr of reading what shareholders believe i think you have a better chance going with UC as being honest or turning over a new leaf. you sure dont want that judge reading any stock board cmkx threads. yesterday they were saying they would start vselling at a dollar & thinking it was only a week or 2 away. as for calling Desormeau, my guess is he would have pleaded the 5th too. guy gets paid $1.5 million & only has records of shares traded. i think there is a clue in there somewhere, like selling shares was the company business???
 
Posted by stockster5 on :
 
Why apologize to gates... he stole his stuff from apple.
 
Posted by Doctoall on :
 
quote:
Originally posted by stockster5:
Why apologize to gates... he stole his stuff from apple.

Well at least he made it work for his shareholders, Urban stole from us and only make himself rich. [Big Grin]
 
Posted by bill1352 on :
 
point 2...not reading it word for word again but somewhere in there frizzy says shareholders believe the claim in canada are extremely valuable. this may or not be true. cmkx sure never did much the last 2 yrs to find out. the last 8K says what was looked at isnt worth anything. but the real point is you need more then shareholder belief to have value. you need concrete proof & nobody has given anyone anything stating anything like that. its all stock board guessing & wishing & hoping. the judge will careless about what shareholders believe if for no other reason then nobody wants to believe they paid good money for worthless stock. everyone holding long will believe they bought the next microsoft.
 
Posted by bill1352 on :
 
point 3...the share count..is he saying that none of the cert shares are being counted in the faxed monthly statements??? the final total is the 10K faxed in stuff, the certs & the obo. is he saying not 1 cert share was faxed in? or did they not count any faxed in cert shares. i dont hold certs of anything but if i did would ameritrade have to line items, 1 for cert shares i held & 1 for shares of the same stock i didn't hold certs on?


SH Exhibit 1 is an accumulation of over 10,500 accounts documented in the monthly statements of CMKM shareholders. SH Exhibit 1 is an accumulation of 10,500 accounts which total 455 billion shares. CMKM has provided us with a NOBO/OBO list which is recognized in the industry as an accurate list of street name share owners. We have also obtained a list of current certificates (hereafter certs) of ownerships which have been issued by the transfer agent. The current cert list from the transfer agent confirms that stock certificates issued by the company total 320,350,228, 958. The number of shares reported by the NOBO/OBO list tell us that 67,009,739,337 shares are being held in brokerage accounts of Objecting Beneficial Owners. There are 6,993 registered OBO accounts in this stock. This total of 837,359,968,295 exceeds the reported issued and outstanding 703 billion shares of the company by approximately 134,000,000,000. This alone is a staggering number of shares which have been sold by various third parties but do not exist except as electronic entries.
 
Posted by stockster5 on :
 
AND STILL COUNTING ..........664.21 mil today !!!
 
Posted by legaleagle on :
 
stockster, and all counterfeit shares. How do the brokerages justify compounding a felony, once they are aware? LOL
 
Posted by bill1352 on :
 
frizzy says give them 6 months to file...the account said they need 30 days the auditor said 30 days, they have had 18 months since the filing prs started, court was in april or may, i forget, lets say May thus it will have been 2 months when the judge rules. if UC wanted to file all missing paperwork would have been sent within a day or 2 after court. if mahoo gave a chit it would have been done in a day or 2. either way the accounting arm of stocklein would be getting what was missing & work would be getting done. those ppl have nothing to do with the legal briefs. the judge may for the shareholders sake say ya got 30 days file or flush. thats beyond fair given the time cmkx has had to file. in fact its not fair to all the companies that do file within a reasonable amount of time, late or not. NSS are not part of the accounting needed to file.
 
Posted by ed19363 on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by ed19363:
UC hired Desormeau to get CMKX reporting. Why wouldn't he think that it was getting done?

Excuse me, but isnt the boss supposed to know what his employees are doing?
This is the worst excuse I've seen yet.
The boss isnt supposed to "THINK" its getting done, he's supposed to stay away from the race track long enough to "MAKE SURE" it's getting done.

So ed, do you think Bill Gates is burning the midnight oil going over the financial statements? Or does he simply get a report from the CFO, simply saying "everything going according to plans"
Bill Gates has already proven his worth. And I imagine he still checks in once in a while to make sure things are running smoothly. If one of his employees wasnt doing their job, IMO they wouldnt be there long enough to cash too many paychecks, and centainly not long enough to rip off the company of hundreds of thousands of dollars without providing something in return.

UC still has to prove to me that he is capable of being a businessman. So far, I dont trust him any further than I can throw my house. He hasn't earned any loyalty from me, not until I start to see an increase in my checking account. And he is looking more like a crook every day. Wish he would do something to prove me wrong.
 
Posted by bill1352 on :
 
legal, your assuming those are all buys, your assuming frizzy didn't count any cert shares in the 10,500 ppl that faxed in. he did make that mistake in 1 update. he listed OG shares & added cert shares yet the OG added those certs in the OG total.
 
Posted by legaleagle on :
 
By: gr8hiker
20 Jun 2005, 09:06 AM EDT
Msg. 228144 of 228333
Jump to msg. #
Smell oil?? I do : Follow the signs>

20 drilling rigs being set up in Athabasca basin.
We control more of that land then any other company.
The land is full of oilsand, that a known fact.
We have close ties with Petrol.
Oretech , with their atate of the art technology to extract Bitumen from the sand is linked to Gemm.
SGGM is now linked to Vermiculite mining and this mineral is now being utilized in the processing and refining of Bitumen.

Way too many coincidences . We're inh the oil business IMO along with minerals and diamonds.

BYW, Frizzel's brief was awesome. The judge now has a tiger by the tail and would welcome a settlement now more the life itself.
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
frizzy says give them 6 months to file...the account said they need 30 days the auditor said 30 days, they have had 18 months since the filing prs started, court was in april or may, i forget, lets say May thus it will have been 2 months when the judge rules. if UC wanted to file all missing paperwork would have been sent within a day or 2 after court. if mahoo gave a chit it would have been done in a day or 2. either way the accounting arm of stocklein would be getting what was missing & work would be getting done. those ppl have nothing to do with the legal briefs. the judge may for the shareholders sake say ya got 30 days file or flush. thats beyond fair given the time cmkx has had to file. in fact its not fair to all the companies that do file within a reasonable amount of time, late or not. NSS are not part of the accounting needed to file.

bill, I'm surprised that you really haven't caught on yet what has been occuring, since you have been hanging around PB32.

IMO, our filings have been ready since RG ordered them.

Glenn said, "The company's accountants are working to complete the audit of the company's financial statements. When that has been accomplished, the company will be well on its way to becoming a reporting company again." Sept 24 2004 PR http://www.noboxtrading.com/cmkx/press_releases/092404.asp

The point is, CMKX is not ready to make them public. How do you think they have been filing Federal Taxes all of these years?

Frizzell made it clear that he thinks that CMKX trapped the SEC (or they were collusive) into filing charges, in order to officially bring this to a legal public forum. He pointed this out in his reference to the Brer Rabbit story. If you have forgotten, Brer Rabbit used reverse psychology to entice the fox to drop him in the Briar Patch, where the fox couldn't pursue him.

CMKX knows their valuation and their share structure, they just aren't going to make it public until the NS issue is resolved. Plain and simple. They will take revocation before they make this known to their enemies.

What does revocation mean to the company? They will still be on pink sheets after revocation. They are on the greys now. It will be a step up to go to pinks again. Don't believe it? Check EATC trades after they were revoked. Mahue called our attention to this in the PR answering the SEC's charges.

If CMKX is revoked and doesn't continue trading, they have many options to continue in business while the mess gets straightened out on CMKX. They could move everything into CIM, where longs already have large positions. They could issue a divy of SGGM to CMKX shareholders and further tighten their stranglehold on "shorty" as they deperately seek a way out of the mess of NS they have created.

There is no shortage of ways for CMKX to go on, beyond revocation. which I don't think will happen now. The defense is too strong, and the SEC case too weak.

All of you doom and gloomers can go on forever with your speculations about the SEC case, but you cannot come up with a scenario in which the company cannot go on in one way or another as a viable business, all the while sticking it to shorty.

IMO, there won't be a revocation, there will be a settlement. Because if you can't recognize the "trick bag" that shorty is in, the SEC, DTCC, MM's and shorty himself see it. All IMO
 
Posted by Ric on :
 
Still, boils down to the hearing itself. Frizzle did a lot better job of blowing smoke then Stoeckleim did but it was still smoke. How can you not read the transcripts and say CMKX isn't cooked. SEC even won the cross of CMKX's witnesses. The judge's comment on not receiving records and poking fun at Maheu about UC just using him to give a sense of legitamacy say volumes IMO. The cults wants you to believe that a missing witness or a missing document means you can't prove your case. Just ask Scott Peterson is you need absolute proof to be convicted in the US. It usely does boil down on who you believe and who do you think the Judge will believe. I will just take the fifth on that one.
 
Posted by legaleagle on :
 
Dr. D's Thoughts


DrDiamond
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[ Exalt | Smite ] Short comments after the briefs:
Thread Started on Today at 2:21pm

--------------------------------------------------------------------------------
Short comments after the briefs:

I hope everyone is well. Actually I have spent the last 3 to 4 weeks working with our legislators and attempting to answer their questions pertaining to the issues of what the process would be and how the criminal activity of "counterfeiting securities electronically" has been taking place.

I did take the last 5 days off with my family and journeyed to the Smokey Mountains for a short get away, but I am back.

I believe the company's Brief presented a very good case for the company's position and depending on the Judges current thoughts it could or could not have the desired affects. I thought that the companys brief could have mentioned the shareholder needs and concerns a little more than it did. Too, I believe if the brief were to be followed up by some filings from 2002, 2003, and/or 2004 then the results would be greatly enhanced. It appears that 3 quarters of 2002 and a draft of 2002-2003-2004 is available and can be submitted to establish progress and not as an official filing. We will discuss this more later in the Dr. Diamond Meeting Room.

I very much enjoyed the Owners Group presentation by Mr. Frizzell as it definitely took a more "shareholder concerned" flavor than the Company's Brief and especially more than the SEC's Brief. I agree that the $25 I sent to the Owners Group for Mr. Frizzell's assistance and intervention is by far the best $25 I have ever spent in the market place. The proof presented by the Owners Group cannot be easily overlooked by this Judge and cannot be ignored or side stepped by the SEC any longer.

We will be discussing these briefs later so I won't spend a lot of time typing about them.

On another note, I believe we are at a juncture with CMKM Diamonds where the Company needs to take a more active roll as you have suggested in the pursuit of establishing the naked short position. I do not understand Urban's current silence about this vital issue especially since the shareholders have been so vocal and successful in "proving" that a huge nss position does exist.

I usually would never intentionally post anything to do with a rumor, but if my information is correct (and I believe it is), then I believe the SEC has participated in attempting to manipulate the market on CMKM Diamonds. How?
By using language that could be interpretively intimidating to the company's attorney, Mr. Stoeckline, and to the Owners Group attorney, Mr. Frizzell, in warning them to not take action or give advice to their clients (i.e. the company and/or the CMKX shareholders group) to take actions that were well within their "legal rights" to take.

If the "believed to be confirmed rumor" is true, then the SEC warned the attorney's that any action, such as a cert pull, that would try and "squeeze" the market into covering would be interpreted by the SEC as market manipulation on the part of the attorney/company/owners group and enforcement action would immediately be taken by the SEC.

If this "believed to be confirmed rumor" is true, and I believe it is, then the SEC has over stepped their bounds and should be investigated as they have manipulated the company and shareholders legal rights from being exercised for fear of unlawful prosecution by the regulators. This type of action by the SEC could only be interpretted as being designed to protect the "criminals" that have improperly "counterfeited" CMKM Diamond securities and this action aligns the SEC with the "criminals" and identifies them as co-conspirators after the fact, at the very least.

Too, this would mean that the SEC committed perjury in the Administrative Hearing before Judge Murray, when she asked "if the SEC believed that CMKM Diamonds securities had been naked short sold" and the SEC replied, "NO"! The question has to be asked,

Why would the SEC warn the company and shareholder group attorneys not to take actions that might force a squeeze if the SEC didnt believe the company is naked short sold? The obvious answer is that if the SEC actually believed that CMKM Diamonds was not naked short sold then there would be no reason to give such an unwarranted warning to the attorneys. Seeing that they did give the warning to the attorneys then this means, IMHO, that the SEC would have known for some time that CMKM Diamonds is being naked shorted, they committed perjury in the hearing and has continued its efforts to cover up for their manipulating coconspirators. Whatever the truth is, I believe we need to get to the bottom of it at least once and for all.
A few more thoughts, continuing in my humble opinion of course, is that with the "proof" that has been presented by Frizzell unveiling a severe naked short position on CMKM Diamonds, I believe the company could have some excellent responses (if they had not been rendered inactive by the threats of market manipulation being claimed by the SEC) :
1. I believe a "self imposed halt by the company would be excellent so no more manipulation of the shares could be done by the market system and the counterfeiting conspirators. This would allow for the actual share count to begin without any other changes taking place in ownership and positions.
2. I believe a company requested certificate pull with a waiver of fees should take place in conjunction with the "self imposed halt" as this would evacuate all certificates from CEDE & Co. and leave the borrowing pool completely empty and the remaining electronic positions would be exposed as being "completely naked". With the certificate pull taking place during the self imposed halt there would be no concerns that the market might try and cover forcing the PPS up and the certificate holders miss out on the run. Once the identification of the NSS is complete, action can be taken to resolve the crisis by an order to cover the failures to deliver. The certificates could then be returned to the market place and all shares converted into electronic again before the self imposed halt is lifted. Hopefully this would kind of force the hand of the SEC to enforce the rules and call for a cover or settlement of the remaining "failure to delivers".
3. An option that could be added or amended into #2 above is that when the certificates are pulled, the company could then do a certificate exchange with a new CUSIP number that could be tracked separately from the other shares.
4. The certificates going back into the market could start a feeding frenzy by broker/dealers that have been caught holding large positions of naked shorts on CMKX.
5. Lift the "self imposed halt" and let's see what happens!

A closing thought: I find it difficult to believe at this time that CMKM Diamonds will make the current deadline for submitting the completed filings to the Judge. I believe completed quarterly filings would be very helpful in getting an extension (more time) to complete the filings. If they are not submitted in time for the Judges initial ruling, then certainly they will be finished by the time the Appeals process is followed.

I have to run. I have typed this rather quickly so please be kind in your criticism. It is my goal to be around more often until this process is completed. Too, I hope everyone knows that these are just my opinions and that they are to be treated as such.

Be well. Success is at hand!

Dr.D
 
Posted by Wallace#1 on :
 
Frizzy is supposed to be representing shareholders. Exactly which shareholders? It's rather obvious he is representing only those few who are members of the OG. Did he say he would or did they tell him to go after the NSS problem? Did he say he would or did they tell him to support the position(s) of CMKX, UC et al?
It would seem to me that if he is truly representing shareholders' interests, he would not be demonstrating a one-sided (CMKX, UC, etc.) approach. If he IS truly representing shareholders' interests, he would be writing a very different story in his briefs. It would not be a one-sided venue.
 
Posted by Wallace#1 on :
 
Be well. Success is at hand!

Dr.D
--------------------

Dr.Dementia if full of --it!!!
 
Posted by Doctoall on :
 
quote:
Originally posted by Wallace#1:
Be well. Success is at hand!

Dr.D
--------------------

Dr.Dementia if full of --it!!!

I suppose it all depends on where he has his hand [Big Grin]
 
Posted by GatorMan on :
 
quote:
Originally posted by Wallace#1:
Frizzy is supposed to be representing shareholders. Exactly which shareholders?

The shareholders of the Owner's Group, i.e. the ones that paid him $25 to represent them are the shareholders Frizzel is representing. Obviously these shareholders believe that there is a significant naked short problem and that it is having a negative impact on the stock. I think they want to prove this to the SEC to force them to do their job and bring the naked shorters to task. Furthermore, I think many of them (and here is where I diverge from the OG's view) also feel the naked short problem is the cause of the problems with CMKM. It's not (IMO). The number of shares of stock, valid or invalid, outstanding can arguably only affect one small portion of the filings, namely the "outstanding shares". It's my contention that even here the company knows how many THEY have issued and are outstanding and this number is what should be used, not the number including the counterfeit shares. So bottom line is there is no reason short of gross incompetence, sloppy bookkeeping, lack of funds to do a proper audit, or a cover up of any of these, or a cover-up of outright criminal activity (i.e., scam). Take your pick. Personally I think it's a little of each.
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
Frizzy is supposed to be representing shareholders. Exactly which shareholders? It's rather obvious he is representing only those few who are members of the OG. Did he say he would or did they tell him to go after the NSS problem? Did he say he would or did they tell him to support the position(s) of CMKX, UC et al?
It would seem to me that if he is truly representing shareholders' interests, he would not be demonstrating a one-sided (CMKX, UC, etc.) approach. If he IS truly representing shareholders' interests, he would be writing a very different story in his briefs. It would not be a one-sided venue.

He represents the 5585 shareholder members who retained him, and he is doing an excellent job of it. If you want someone to represent your negative views, hire someone, the same way we did.
 
Posted by GatorMan on :
 
quote:
Originally posted by legaleagle:
Dr. D's Thoughts


2. I believe a company requested certificate pull with a waiver of fees should take place in conjunction with the "self imposed halt" as this would evacuate all certificates from CEDE & Co. and leave the borrowing pool completely empty and the remaining electronic positions would be exposed as being "completely naked".

One big problem with this. Many of us have this stock in an IRA and CANNOT get the certificates without doing a withdrawal from the IRA and paying the penalty for early withdrawal. So, how would the "borrowing pool" be emptied?
 
Posted by Upside on :
 
quote:
If you want someone to represent your negative views, hire someone, the same way we did.
I'll do it. $20.00 per person. Maybe I'll get 60 bucks or so out of the deal.
 
Posted by legaleagle on :
 
That sounds about right, UP. LOL
 
Posted by Upside on :
 
Recoup some of my loses one way or the other!
 
Posted by legaleagle on :
 
quote:
Originally posted by GatorMan:
quote:
Originally posted by legaleagle:
Dr. D's Thoughts


2. I believe a company requested certificate pull with a waiver of fees should take place in conjunction with the "self imposed halt" as this would evacuate all certificates from CEDE & Co. and leave the borrowing pool completely empty and the remaining electronic positions would be exposed as being "completely naked".

One big problem with this. Many of us have this stock in an IRA and CANNOT get the certificates without doing a withdrawal from the IRA and paying the penalty for early withdrawal. So, how would the "borrowing pool" be emptied?
You have touched on a problem that has been presented to Frizzell and several congresspersons. Your IRA is threatened by a cert pull since you cannot pull them without penalty. If all certs are pulled on CMKX then all of the retirement accounts are nothing but naked shares. Same thing on other stocks that are NS. Bush will have a hard time getting people to "buy" that their SS investments would be safe.
 
Posted by bill1352 on :
 
bill, I'm surprised that you really haven't caught on yet what has been occuring, since you have been hanging around PB32.

IMO, our filings have been ready since RG ordered them.

========================================== legal all i've caught from PB32 is a headache & a few good laughs. what your saying is that everyone lied in court including stocklein. they all perjured themselves over a .00005 stock that might be NS'ed. legal, that wouldn't make sense to me if i was coming off a week long drug & booze binge. ya think maybe UC will wait till after cmkx is revoked & then file everything??? maybe just to catch the shorts he will give it a few months after being revoked. legal...take a deep breath & calm down. the excitement has caused the blood to rush out your brain. your smarter then that....i think...lol
 
Posted by bill1352 on :
 
FINALLY the first thing i can remember coming out of dr d's posts that makes sense...lol. if UC really gave a chit about the shareholders this would work. it would be cheaper, faster & give real results.

from dr. d....


2. I believe a company requested certificate pull with a waiver of fees should take place in conjunction with the "self imposed halt" as this would evacuate all certificates from CEDE & Co. and leave the borrowing pool completely empty and the remaining electronic positions would be exposed as being "completely naked". With the certificate pull taking place during the self imposed halt there would be no concerns that the market might try and cover forcing the PPS up and the certificate holders miss out on the run. Once the identification of the NSS is complete, action can be taken to resolve the crisis by an order to cover the failures to deliver. The certificates could then be returned to the market place and all shares converted into electronic again before the self imposed halt is lifted. Hopefully this would kind of force the hand of the SEC to enforce the rules and call for a cover or settlement of the remaining "failure to delivers".
 
Posted by legaleagle on :
 
bill, who lied? Maheu didn't know about the filings. He is there for political clout. Urban took the 5th. Didn't hear any lying from anyone who should have known.
 
Posted by bill1352 on :
 
my above post of course has 1 problem...it would mean UC gave a chit. 3 yrs of history proves he doesn't.
 
Posted by bill1352 on :
 
every person that said cmkx wouyld not turn over needed documents legal. every accountant, auditor called said just that. stoclein said the past lawyer from new york, implying RG, answered his request with...we do not have any files. if all filings are done then they all lied.
 
Posted by legaleagle on :
 
CERTS GONE?


By: mjmilam
20 Jun 2005, 05:22 PM EDT
Msg. 228393 of 228393
Jump to msg. #
READ THIS: Is TA out of certs?

Topic: Ameritrade & Certs (Read 223 times)
Diamonds4All

Thread Started on Today at 3:50pm [Quote]
About 4:00 PM (EST)
Monday I called Ameritrade

I have my Ameritrade acct in a Limited Partnership and have tried to get certs for 2 weeks but have been put off 2-3 times saying they needed more info. (They even put cash into my acct for the inconvenience)...Well, today I had it and called to speak with the reoganiization dept...The Customer Service guy, said the reason I was having so much trouble was that the TA is out of certificates...and can't get them from the company...from CMKX...He said they sold more shares than they had and that there were no more paper certificates. I said, so I don't have any shares and he said, no, you do have shares but they're held electronically. I said, so there have been to many shares sold and he said yes, there's to many shares on the market. He said something to the effect that it was CMKX's fault which raised the hair on my neck and I said, "So you're blaming CMKX." and he said, "It looks that way." I said, So I can't get certificates and He said "There are no more Certs at this time." I tried to get him to send me this in writing but he kept saying we don't have anything to send you in writing and wanted me to call the TA....

Has anyone else had this experience?

I'm not a basher or a pumper, although I do strongly believe in CMKX. I didn't record this conversation and I've written this only to the best of my recollection.

http://cmkxdiamond.********s32.com/index.cgi?board=general&action=display&thread=1119300616
 
Posted by Doctoall on :
 
Geez, tell us something new !!!!

He said something to the effect that it was CMKX's fault which raised the hair on my neck and I said, "So you're blaming CMKX." and he said, "It looks that way."
 
Posted by bill1352 on :
 
1 problem with that story legal & i'm not saying it isn't NS'ed. frizzy put a number on the certs it was in the 300 billions. that leaves 500 billion possible shares if UC had dumped all 800 billion. what that guy is saying is that since frizzy last checked ppl have asked for & recieved the rest of the o/s in certs. either that or UC didn't have certs printed to equal o/s. i'm not saying ameritrade is right, that UC sold more then the a/s i'm just saying the differance between frizzys numbers & what ameritrade is to have said doesn't fit.
 
Posted by legaleagle on :
 
There has been a grass roots effort to pull certs ever since Frizzell got working on the naked short. So I wouldn't be surprised that they are all gone. When I asked Jeff, the TA about cert shortages a couple of months ago, he said we have millions of certificates to send.
 
Posted by legaleagle on :
 
DATELINE AGAIN?

Faulking Around - Jun 20, 2005
- Dateline Stockgate Expose': "Could Air Any Time"
by Mark Faulk
Yeah, I know what you're all thinking. "Where have we heard that before?" I'll answer that one: you've heard it from Dateline, you've heard it from The Faulking Truth, you've heard it from Financial Wire, hell, you've probably heard it from the guy down at the barber shop.

Let's recap: From a variety of sources, some of them inside the show, some of them participants in the interviews, some of them friends of friends of someone inside the show (and of course, the guy down at the barbershop), we've heard, and dutifully reported to our readers, that the Dateline Stockgate story would air:

"Sometime in August" (that was June, 2004)

"the Dateline story is imminent" and "in the next two to three weeks" (from October, 2004)

"There is a "90% chance that it will air before the Presidential election on November 2nd."

"There is a chance we'll air before the election, but also a chance that we won't. I'll let you know when I know." (Dateline producer Sharon Hoffman....in early October, 2004. Obviously, it didn't air before the election.....at least not THAT election.)

"The story is definitely still ongoing, and your readers will be among the first to know the airdate." (Hoffman again, always the diplomat.)

"Sometime in the next few weeks" (that one was in early January)

"Sunday, April 10." (Sharon Hoffman's reply to an email from Dave Patch that asked simply, "Any confirmed date yet?" That was on March 28th)

Lo and behold, there it was.....the news we had all been waiting for:
"FINALLY! Dateline to Air Stockgate Segment April 10th"

But wait, not so fast (okay, granted, there's nothing fast about this story):
Dateline Stockgate Update: POSTPONED YET AGAIN!

"Special segments that aired at the time of the Pope's death have caused a major reshuffling of the entire Dateline schedule." (From a Dateline representative, April 6th)

"It has been a very busy news cycle, and Dateline is always subject to change." (Hoffman again, April 6th)

Then, instead of the Stockgate segment, on April 10th, they aired (are you ready for this one?) an interview with "American Idol" Ruben Studdard. Busy news cycle, indeed.

"All of Dateline's programming is subject to changing airdates, and things move on our schedule all the time. Our piece on short selling -- which we have not ever given an official airdate -- is currently in the works as we continue our reporting, and we will make an announcement about its airdate when we have one." (Email from Sharon Hoffman, April 8th)

After that, we decided to try a different approach:
Dateline, NBC, and GE: LET THE BOYCOTT BEGIN!

"THE STOCKGATE SEGMENT WAS CONFIRMED, and your implication that it was all a big mix-up is both condescending and misleading. And your decision to blame it on "a very busy news cycle" (because of the death of the Pope, Prince Ranier, and Terry Schiavo), and then replace it with an interview with "American Idol" Ruben Studdard? Well, even you must realize how ludicrous that it."

Let's see: sometime in August (2004), imminent, before the election (or maybe not), sometime in the next few weeks, April 10th, NOT April 10th (busy news cycle, Pope died, Terry Schiavo won't die, yada, yada), and finally......"We will make an announcement about its airdate when we have one". Yup. That pretty much brings us up to date.

Now, for the update on the update about the update of the news that Dateline is planning to air an expose' that could "blow the roof off this scandal" (drumroll please):


YET ANOTHER DATELINE UPDATE:

By Mark Faulk
June 20, 2005

It's still on! In an interview with The Faulking Truth this morning, Sharon Hoffman dispelled rumors that their Stockgate expose' has been permanently shelved. "We are still definitely planning to air the segment", said Hoffman, who also told us that it "could air any time." So, there you have it. I know it's not much, but at least she refuted the rumors that have run rampant that the story had been killed altogether (We even mentioned it once or twice ourselves.....hey, this is the internet, we don't have Dan Rather's crack team of investigative researchers to confirm every single thing we hear).

According to Hoffman, "There's a lot of speculation about reasons that it hasn't aired, and most of it is not accurate." She wouldn't comment on the socalled "political pressure" that had supposedly been exerted on Dateline, but she did reiterate her earlier statment that "there are no nefarious reasons for it not airing."

In response to my question as to whether or not the segment is completed, she told me that "It's complete up to the present, but we'll continue to update it until it airs."

I called her back in an attempt to get her to tell me that once it airs, "it would be worth the wait", but she wouldn't bite. Instead, she told me, "No comment on that, but nice try." (Thanks, Sharon)

As far as our reader's concerns, she had this to say: "I don't begrudge anyone their frustration, and I understand that everyone is very passionate about this, and they have a right to be."

I also couldn't get her to admit that she was as frustrated as we all are about the delays (I told you she's a diplomat), but she did tell me that she had no control over scheduling. Oh what the hell, I'll say if for her.....Hoffman has spent thousands of hours putting this show together, and has obviously poured her heart and soul into it, she has to be frustrated.

On that note, and because I'm really beginning to like Hoffman (or "Sharon", as I like to call her), I'm asking our readers to go easy on her.....I truly believe that she's on our side (I hope I'm right about that). Instead, email and bug the guys above her, and tell them to get off of their collective executive asses and TELL THE STORY!

And that (until the next update, anyway) is the Faulking Truth.....

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

Post your opinion in our guestbook at http://www.FaulkingTruth.com/GuestBook/
 
Posted by bill1352 on :
 
i'm not saying its impossible legal. just that frizzy seems to keep up to date on things. you would think if the cert number grew to match the o/s or a/s he would know. ameritrade & other brokers have a habit of running their mouths without knowing just what they are talking about.
 
Posted by legaleagle on :
 
gusjarvis
God of Diamonds

member is offline




Joined: Nov 2004
Gender: Male
Posts: 1,048
Location: British Columbia
Karma: 1
[ Exalt | Smite ] after every bit of evidence is in to this moment
Thread Started on Today at 4:42pm

--------------------------------------------------------------------------------
I would spend every cent that I have into this stock on it again no problem. Dam, we proved the short we all knew we had, we still have some of the best land anywhere on Earth. What the hell else do you want in a penny stock. We either hid our filings or were completely incompetent at getting them done, or this is a total scam. Well with Iron Bob saying we are getting the filings done, and there is now evidence they are coming together, I think the doubt whether we were ever going to file is over. There is almost no chance we will get revoked in my opinion as it is crystal clear the SEC's motives for trying to revoke us. Bob also has the CIA for a client and I don't think he could ever get scammed on something like this and no one is going to push us around anymore, I think that is evident.

It is very clear who is trying to cover their azzes right now and it isn't CMKX. There will be a settlement most likely and if they make them run this all the better that is the only fair way to deal with this any way. Don't let anyone pull you down, the pressure building on this issue is astounding to say the least, and yes Bob still can condition an atmosphere at any age, you are seeing it right now.

We have kick azz lawyers, lots of money, the best connections a company can have, a proven short (thanks John and Frizz you guys rock), and the SEC and DTC staggering against the ropes and lots of ammunition left.

You have had the pain and the privilage of going through something that will never happen on this scale again in the market, and watched the greatest stock market story of all times unfold infront of your eyes. And if you think I am premature in calling this a victory I don't really care. I called this way back when we filed to become reporting again and stick by that, you do not file to become reporting if you are not ready for what is coming.


This is all in my opinion and should be taken with a grain of salt like every other post you read on the internet. Cheers to all that have hung in there you just deserts are right around the corner.
 
Posted by CHIMAN34 on :
 
legaleagle.
Just to correct you about the CERTS are gone when that guy called Ameritrade, he called them back and someone messed up, he was able to get certs.
Soon, I hope soon, we will all know lots more of what will happen. I get sick of lurking here and seeing the same crap as always. Some people here make really good points, and I take it all in from both sides and try to understand and learn from all. But I must say why do many here post all negative stuff all the time when they don't have a single share in this.
Go to another thread and get a life, why waste your time.

Dave
 
Posted by bill1352 on :
 
because its entertaining chiman. because i'm trying to get some value out of the $1000 i lost on cmkx. because i love to debate & pull apart the cult posts. because i'm interested in the NSS problem & this is as good as it gets right now in the matter of trying to prove 1. mostly because telling legal he is wrong is fun...lol
 
Posted by Wallace#1 on :
 
GatorMan wrote:
"It's my contention that even here the company knows how many THEY have issued and are outstanding and this number is what should be used, not the number including the counterfeit shares. So bottom line is there is no reason short of gross incompetence, sloppy bookkeeping, lack of funds to do a proper audit, or a cover up of any of these, or a cover-up of outright criminal activity (i.e., scam). Take your pick. Personally I think it's a little of each."
----------------------

I agree with you 100% on both of the above sentences.

A further reminder though, is that all they needed was the issued and outstanding on both their books and the TA's books (and they always should agree) in order to report the figures either separately or as part of a financial statement. NSS is a separate matter entirely.

NSS or not, I just think Frizzy got involved for other reasons including future litigation. In those matters, I believe he saw an opportunity for both himself and his law firm. Furthermore, if it was just the NSS problem, he would have had no reason to get involved in his brief with such things as egregious, scienter and other pertinent facts associated with the testimony which have nothing to do with NSS. NSS is NOT the issue at this point in time in dealing with the hearing, so why keep defending CMKX, UC et al?
 
Posted by Ric on :
 
because I have been on Allstock for almost 2 years, because of first amendment rights, because this is a scam, because of the paid pumpers

But most important is because of the friends and fun we have on this thread. Gotta love everyone here even legal. Who else could I have such an opposing view with and it not get personal.
 
Posted by Wallace#1 on :
 
legal wrote:
"He represents the 5585 shareholder members who retained him, and he is doing an excellent job of it. If you want someone to represent your negative views, hire someone, the same way we did."
-----------------------

5585 shareholders is less than 10% of the shareholders you and others claim are out there in the public. Then, there are probably another 10-30 thousand who sold their CMKX shares already who do (no matter what you may think) have a say in what was done because it affected their profits and losses. Therefore, your 5K+ is really an insignificant number.

Furthermore, you faithful are so wrapped up in believing so much in UC and others (including asscoiated) people such as DeSormeau, Dhonau, Williams and Glenn), few can see the reality of thier natures. That is where you and Frizzy should be looking for responsible parties.

PS: legal, and I sold all my CMKX shares so why should I waste more money on a bummer stock. The mere fact that I once owned CMKX stock does leave me in the position of being an interested party. If I were to be involved in hiring any attorney, it would be to go after UC, Melvin, DeSormeau, Dhonau, Mrs.C, the son(s) and other people involved with CMKX and various questionable activities as well as the lack of proper activities.
 
Posted by Ric on :
 
Visa

A good dinner and a movie

$100.00

Bill

"mostly because telling legal he is wrong is fun...lol"

Priceless
 
Posted by ed19363 on :
 
quote:
Originally posted by CHIMAN34:
legaleagle.
Just to correct you about the CERTS are gone when that guy called Ameritrade, he called them back and someone messed up, he was able to get certs.
Soon, I hope soon, we will all know lots more of what will happen. I get sick of lurking here and seeing the same crap as always. Some people here make really good points, and I take it all in from both sides and try to understand and learn from all. But I must say why do many here post all negative stuff all the time when they don't have a single share in this.
Go to another thread and get a life, why waste your time.

Dave

I still own shares in this fiasco (poor, stupid, me). So I reserve the right to call all this cult posting bull****. The company hasnt shown me a thing in 3 years (I got into it as CMKI). I wont give up my shares, mainly because I want to prove I have them if and when there is a class-action suit against CMKX/UC.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by legaleagle:
bill, who lied? Maheu didn't know about the filings. He is there for political clout. Urban took the 5th. Didn't hear any lying from anyone who should have known.

--------------------
And, believe it or not, both Maheu and Urban Casavant represent the ONLY Directors and Urban Casavant the ONLY CMKX officer. LMFAO!!!!
 
Posted by Wallace#1 on :
 
"There has been a grass roots effort to pull certs ever since Frizzell got working on the naked short." ---- as per legal's post.
---------------------

legal, I remember telling all you cult members to do that very same thing long before Frizzy did and you folks responded in all kinds of negative ways....including that it was not necessary. Now, if you do have NS shares, what dividends do you think you may be entitled to? Bet it is NONE if your shares are among the NSS group.
 
Posted by Ric on :
 
CMKM says SEC used tainted evidence, case still failed


2005-06-20 20:27 ET - Street Wire

Also Street Wire (U-*SEC) U.S. Securities and Exchange Commission


by Lee M. Webb

CMKM Diamonds Inc., a massively diluted pink sheet company headed by Saskatchewan native Urban Casavant, filed a Jun. 17 posthearing brief claiming that the U.S. Securities and Exchange Commission used tainted evidence in a May 10 hearing, but still failed to make its case for revocation of the company's stock registration.

Rather than suspending or revoking the company's stock registration, CMKM lawyer Donald Stoecklein is asking Chief Administrative Law Judge Brenda P. Murray to issue an order allowing the company time to compile auditable financial statements and prepare annual and quarterly reports.

According to the SEC, CMKM filed a fraudulent Form 15 on July 22, 2003, claiming that it had less than 300 shareholders of record and was suspending its reporting obligations. In fact, CMKM had 698 shareholders of record as of that date.

In a June 2 posthearing brief, SEC lawyers Leslie Hakala and Gregory Glynn claim that CMKM used the fraudulent Form 15 to duck its reporting obligations and "operate in shadows and in secret."

Considering the relevant Steadman factors, a guide to determine the appropriate sanction, the U.S. regulator argues that CMKM's stock registration should be revoked.

According to the SEC, CMKM's actions were egregious; the company's breaches of securities regulations were recurring; its misconduct was knowing or reckless; assurances against future violations cannot be trusted; the company either does not appreciate the magnitude and potential consequences of its misconduct or is misrepresenting them; and the company's reporting violations are highly likely to continue.

Mr. Stoecklein argues otherwise.

Tainted

According to CMKM's lawyer, there were not any violations for failing to file periodic reports between July of 2003 and April of 2005 because, pursuant to the July 22, 2003, Form 15, the company was not required to file such reports.

Mr. Stoecklein argues that an amended Form 15 filed on Feb. 17 of this year reinstated CMKM's reporting obligations, but "within 60 days" of that filing. Therefore, says Mr. Stoecklein, the company's obligations did not start until April 17, so CMKM could not have been in violation of its reporting obligations when the SEC instituted proceedings on March 16.

CMKM's lawyer argues that the original Form 15 incorrectly claiming the company had less than 300 shareholders of record "was filed in good faith and the SEC has not demonstrated any facts to the contrary."

Mr. Stoecklein goes on to claim that he is appalled that the SEC used some correspondence between the regulator and CMKM's former counsel as support for its allegation that the company was aware of its reporting obligations in December of 2004 and that the original Form 15 filing was made in "bad faith."

According to Mr. Stoecklein, that correspondence is tainted evidence because, contrary to the doctrine of Brady v. Maryland and Judge Murray's prehearing instructions, that exculpatory material from an investigative file involving associated company U.S. Canadian Minerals Inc. was not provided to CMKM until "a couple of days prior to the hearing."

Moreover, the lawyer argues, that correspondence does not support the SEC's claim that the original Form 15 was fraudulent. Rather, says Mr. Stoecklein, the correspondence asserts the position "that the then counsel for CMKM believed that the filing of the Form 15 was made in good faith."

"The Division leans heavily on this correspondence to assert the position that CMKM has continued to act in bad faith," Mr. Stoecklein argues. "Even if we allow the argument based upon this Brady tainted evidence to reflect that CMKM knew in December of 2004 that there was an issue over the Form 15, the statements in the exhibits reflect that CMKM did nothing about the filing because it believed the original Form 15 was filed in good faith and the Division produced no evidence at the hearing to the contrary."

According to Mr. Stoecklein, Judge Murray clearly indicated in the prehearing conference that unless she had some evidence that the Form 15 was "a bad faith filing," she was "going to have to take it was a good faith failing."

"The Division has failed to produce such evidence of a bad faith filing," Mr. Stoecklein claims.

Turning to his review of the relevant Steadman factors, Mr. Stoecklein argues that the SEC has not shown specific facts to warrant "such a harsh punishment of revocation."

"More specifically, the facts argued by the Division and presented by CMKM Diamonds suggest a concerted effort made on the behalf of the respondent to regain compliance and provide public information to its investing stockholders," Mr. Stoecklein claims.

Not egregious

Contrary to the SEC's claim, Mr. Stoecklein argues that CMKM's conduct was not egregious.

According to Mr. Stoecklein, the SEC "continually relies on the argument that CMKM filed a fraudulent Form 15 merely because the party filing the document typed in the number 300" as the approximate number of holders of record.

"No testimony has been presented that either supports or confirms fraudulent or bad faith filing other than the Division's own evidence," Mr. Stoecklein states. "The Division had the burden of proof in establishing such fraudulent filing and did not meet the burden."

CMKM's lawyer goes on to say that the only evidence submitted in reference to whether the Form 15 was filed in good faith or fraudulently was a statement made in the correspondence introduced by the SEC by the company's former securities counsel Roger Glenn to lawyer David Liston "that he believed 'the company believed in good faith that it had too few shareholders to require the filing of periodic reports.'"

According to Mr. Stoecklein, there is no testimony that supports the SEC's position that the only reason CMKM wanted to bring its reports current was that it knew it was violating securities laws.

CMKM's lawyer claims that the testimony of the company's auditor Neil Levine, who quit effective the end of the hearing, was that CMKM wanted to file periodic reports so that it could move from the pink sheets to the OTC Bulletin Board or higher.

"Furthermore, the inferences made by the Division of CMKM's knowing or should have known the filing to be false are purely circumstantial and not based on logical inferences," Mr. Stoecklein claims.

The lawyer says that the SEC "alludes to CMKM's knowledge of more than 300 shareholders" by reference to a Jan. 12, 2003, board resolution authorizing the issuance of 994 million shares to 360 individuals, a press release that same month regarding an audit of the shareholders and the company's failure to contact the transfer agent.

Mr. Stoecklein claims that no evidence was produced that those 360 people received the shares, did not transfer the shares following receipt, still held the shares as of July 22, 2003, or that the shareholder list had not changed between January of 2003 and July of 2003.

CMKM's lawyer goes on to argue that the transfer agent could not recall anyone from the company contacting the firm regarding the shareholders list for July of 2003 "and therefore should not impart any such knowledge that CMKM knew or should have known that they had more than 300 shareholders."

"The conclusion made by the Commission is simply an inference that is not substantiated by any direct evidence," Mr. Stoecklein states. "The conduct of CMKM is clearly not the egregious conduct referenced in Steadman."

Not recurring

Turning to the second Steadman factor, Mr. Stoecklein claims that CMKM's conduct cannot be considered recurring because the company was not obligated to file periodic reports until April 17, 2005, 60 days after it filed an amended Form 15 correcting the inaccurate original filing.

"Since there was no duty to file, there was no recurring failure to file," the lawyer argues.

Not knowing or reckless

Mr. Stoecklein claims that CMKM did not have "scienter," nor is there any direct evidence that the company acted in bad faith.

Scienter is defined as "a mental state embracing intent to deceive, manipulate or defraud" established by knowing or reckless conduct. It can also be established by "willful blindness," a deliberate refusal to acquire information.

According to Mr. Stoecklein, the SEC would like the court to believe that Mr. Casavant asserting his Fifth Amendment privilege, the correspondence produced in violation of Brady and the testimony of the company's transfer agent Helen Bagley "provide sufficient scienter to generate fraudulent conduct."

Not so, says Mr. Stoecklein. CMKM's lawyer again refers to the "Brady tainted" correspondence as evidence that the Form 15 was filed in good faith because Mr. Glenn reportedly made that statement to Mr. Liston.

"We take issue at the implied accusation that either present counsel for CMKM or present management for CMKM had knowledge of the Division's correspondence with CMKM's prior counsel two month's earlier, when the evidence obtained on cross-examination at the hearing clearly indicated that the new counsel was unaware of the correspondence until the 'last couple of days' prior to the hearing," Mr. Stoecklein adds.

Sincerity

According to Mr. Stoecklein, the sincerity of CMKM's assurances against future violations is established by the retention of professionals to "complete the initial updated filings" and "incur the substantial costs associated with the filings."

"The testimony at the hearing is inconsistent with the view by the Division that CMKM is somehow not sincere in its assurances against future violations," Mr. Stoecklein states. "In fact, CMKM has expended significant resources in an effort to produce the appropriate legal documentation, accounting and audit functions."

Mr. Stoecklein goes on to argue that the SEC "continuously utilizes statements of CMKM as to its intentions of reinstating it reporting obligations in an attempt to persuade us that CMKM knew that it in fact had an obligation to be reporting with the Commission."

"We cannot be persuaded by this approach, since there is a lack of clarity as to why CMKM was making the statements," Mr. Stoecklein suggests.

As an example of the lack of clarity, Mr. Stoecklein points to testimony from Rendal Williams, chief executive officer of U.S. Canadian Minerals, who testified that Mr. Casavant said "he needed to be reporting" and "indicated that he was close to reporting a number of times."

The lawyer offered Mr. Levine's testimony that CMKM "wanted to get compliant and move up to the Bulletin Board or higher" as another example of lack of clarity.

"Until the filing of the Form 15/A, CMKM felt no rush to commence its reporting obligations, since it did not know it had such an obligation," Mr. Stoecklein says. "Therefore, any statements relating to CMKM's movement toward reporting have been taken out of context by the Division.

"We do not find any significant evidence that CMKM was under the belief that it was violating the federal securities laws; therefore, we do not believe the statements made by CMKM can infer a lack of assurance that it intends to maintain a reporting status once it is current in its reports."

Wrongful recognition

"CMKM recognizes the wrongful nature of the failure to confirm its outstanding stockholders in July of 2003, and its failure to maintain accurate accounting records allowing for its paid professionals to complete the preparation of annual and quarterly reports," Mr. Stoecklein claims.

CMKM's lawyer takes issue with the SEC's claim that statements made by the company in February and March lead to the conclusion that the company does not recognize the wrongfulness of its conduct.

In particular, Mr. Stoecklein addresses a February press release in which the company claimed that it was currently working toward completing an audit of its financial statements. In fact, an audit had not even started as of the date of the press release, nor had it begun by the time the May 10 hearing rolled around.

"There is no indication that CMKM believed differently than what was stated in the press release," Mr. Stoecklein says. "In fact at the time of the release, CMKM believed it was working toward producing an audit of its financial statements, in that it believed David DeSormeau, CMKM's accountant was working with Neil Levine of the firm of Bagell Josephs LLC, which firm acknowledged that it had been paid $100,000 toward the audit work after being engaged on January 10, 2005." (All amounts are in U.S. dollars.)

Mr. Stoecklein finishes his discussion of the matter with a rather awkward statement.

"We do not believe this statement in any way demonstrates a lack of wrongfulness of conduct," Mr. Stoecklein fumbles.

No more violations

"Reporting violations are not likely to occur again, once the financials are compiled and audits are completed," Mr. Stoecklein says. "CMKM is willing and able to spend the capital required to regain compliance."

According to Mr. Stoecklein, who offers no indication of when the financial statements or audits might be completed, the company is "expending significant amounts of money" to compile the financial statements, engage an auditor and prepare annual and quarterly reports.

"There is no evidence from the testimony presented that once CMKM is able to generate the reports that it will fall out of compliance," Mr. Stoecklein says.

No revocation

Wrapping up his assessment of the Steadman factors, Mr. Stoecklein argues that the SEC did not provide enough facts to support the revocation of CMKM's stock.

"The Division has not met its burden of particularity and revocation should not be granted for a company that wants to become fully compliant and has shown this desire through various testimony and tremendous resources spent on achieving this goal," Mr. Stoecklein argues.

According to CMKM's lawyer, the public interest is best served by allowing CMKM to become fully reporting again.

More time

In his concluding remarks, Mr. Stoecklein again says that the SEC did not meet its burden of proof in establishing that CMKM acted in bad faith in filing the original Form 15.

The lawyer claims that no evidence was introduced that the Form 15 was not valid, denied or withdrawn prior to Feb. 15, 2004.

According to Mr. Stoecklein, then, the proceeding cannot reach the egregiousness, recurrent nature of the infraction, obtain the scienter or determine that CMKM's conduct was wrongful as required by Steadman.

"We find no evidence to support a position that CMKM, once reporting, will succumb to future violations," Mr. Stoecklein argues.

"To the contrary, actions do speak louder than words," Mr. Stoecklein remarks before posing a rhetorical question. "Why is CMKM spending so many resources on generating compliancy with the reporting requirements of the Exchange Act?"

CMKM's lawyer goes on to say that the company has revenues, has spent significant money to once again be reporting and in good faith believed that its reporting obligations were terminated when it filed its original Form 15.

"CMKM does not believe it in the best interest of either its existing stockholder base, approximately 59,000 stockholders, or the public in general," Mr. Stoecklein says in yet another awkward statement.

"The public is well aware that CMKM trades on the Pink Sheets, and it is not required to supply audited financial statements, but for its large number of stockholders," the lawyer adds.

Mr. Stoecklein goes on to note that, in addition to suspension or revocation of registration to address reporting violations, securities laws allow the SEC to issue an order requiring the issuer to comply with reporting requirements, upon specified terms and conditions and within a specified time.

"For the reasons stated above, CMKM respectfully requests that this Court not revoke the registration of the common stock of CMKM Diamonds pursuant to Section 12(J) of the Exchange Act, however fashion an order that allows for CMKM to complete the process of compiling financial statements upon which an auditor can issue an audit report, and allow for the concurrent preparation of the annual and quarterly reports," Mr. Stoecklein says in concluding his brief.

The SEC has until June 29 to file a rebuttal brief.

Meanwhile, Bill Frizzell, a Texas lawyer representing a number of CMKM shareholders known as the Owners Group, filed something in the nature of a posthearing amicus curae brief on June 20.

Stockwatch will review Mr. Frizzell's brief in a following article.

The saga continues.
 
Posted by Ric on :
 
The Judges comments and questions during the hearing

Judge Murray interrupted in order to get a better understanding of exactly what reports had not been filed.
"So the public has no information about the finances or the status for those years of this company," the judge remarked after getting a handle on the number of missing reports. "People buying the stock have no information as to those facts; is that right?"
"Yes, Your Honor," Ms. Hakala replied

Judge Murray intervened to flesh out the significance of the Form 15.
"So that's a special thing," the judge remarked. "On the Form 15, if you have less than 300 shareholders, you don't have to file reports."
"That's basically correct, Your Honor," Ms. Hakala said, adding that CMKM filed a registration statement during the year and that another section of the regulations requires periodic reports to be filed in the same year that a registration statement is filed.

Judge Murray interrupted to ask about CMKM's trading volume and price.
Ms. Hakala informed the judge that CMKM traded at one-100th of a penny and the volume typically exceeded one billion shares per day.
"And the company currently -- the Division will introduce evidence suggesting that the company has over 700 billion shares outstanding," Ms. Hakala said.
"Isn't that extraordinary?" Judge Murray queried.
"The Division believes so, Your Honor," came the reply.
"Well, let me just ask you this, from my perspective," the judge said. "Who benefits from all of this? Why are people keeping this going? Who benefits from all this trading, one one-hundredth of a cent?"
"The Division believes, Your Honor -- and the Division doesn't anticipate introducing evidence on this because it's not particularly part of the required reporting, but the Division believes that certain individuals are liquidating substantial quantities of stock and pulling out the proceeds," Ms. Hakala replied. "Perhaps people related to the company."

Judge Murray posed another question.
"My understanding is that the whole gist of securities regulation in this country is disclosure; right?" the judge asked.
"Yes, Your Honor," Ms. Hakala replied.
"So the Commission doesn't tell people, as I understand it, what they can buy and what they can't buy," Judge Murray went on. "If they want to buy something that you might consider nutty or that I might consider nutty, that's perfectly all right. That's legitimate in this country.
"But what the security statutes say is that people have to have the facts, and so disclosure is the whole thing about securities law. That people have to disclose certain relevant information about the company.
"And if people look at that and decide they want to buy it, you know, well and good, but there has to be disclosure.
"And isn't that the gist of this case?"
"Yes, Your Honor," said Ms. Hakala.
"That this company has not made disclosure?" the judge further asked.
"The Division agrees," Ms. Hakala replied.
"Okay," Judge Murray said. "All right."

Listen, you hire a good accountant," Judge Murray said. "He can take -- or she can take care of you."
"Your Honor, we have, and I agree with you," Mr. Stoecklein said.
"You get what you pay for sometimes, but, I mean, I know what you're saying," the judge remarked. "But where there's a will, there's a way."
"Your Honor, obviously, we are here because there's an allegation by the Commission that this company hasn't complied with 13(a) of the Exchange Act," Mr. Stoecklein subsequently picked up his opening.

Judge Murray intervened with some questions, drawing from Mr. Stoecklein that CMKM was arguing that it did not have to file reports between the time it filed the inaccurate Form 15 in July of 2003 and when it discovered the error and filed an amended report on Feb. 15, 2005.
"Our belief is, irregardless (sic) of the accuracy of the statement in that filing, it was -- that filing was not denied and it was not revoked by the Commission," Mr. Stoecklein went on.
"I have to check on the case law," Judge Murray said to that suggestion. "But I believe the case law is if somebody files something that's wrong with the Commission, it's not the Commission's obligation to correct it. The Commission can't keep track that everything's accurate that anybody files with it.
"The case law is the parties are bound to file accurate reports with the Commission. The Commission -- it doesn't fall on the Commission to correct those inaccurate reports, but that's neither here nor there."
The judge pursued the suggestion that CMKM should have had 60 days to file its required reports from the time it filed its amended Form 15 on Feb. 15.
According to Mr. Stoecklein, April 17 would have marked the 60th day.
"So under your theory, you still haven't filed the reports," Judge Murray remarked.
"Well, under our theory -- under anybody's theory, you're correct, Your Honor," Mr. Stoecklein replied. "The reports are not filed. That's clear."
"So whether you didn't have to file them when -- because the Form 15 was wrong and said you had less than 300 shareholders, when you corrected it in April and said, whoops, we've got over 600 shareholders, the responsibility to file the reports came again, and you had 60 days to do it and you still can't do it," Judge Murray said. "Right?"
"That's correct, Your Honor," Mr. Stoecklein answered.
"Well, that's where I'm stuck," said the judge.
"Now -- well, let me explain, Your Honor," Mr. Stoecklein said. "Because we hear from the Commission, we hear from Your Honor, 60 days, short period of time, no problem.

"Wait a second," Judge Murray interjected. "You mean you spent $1.5-million and you didn't get what you paid for? You didn't get --"
"No, Your Honor, we didn't come close to what we paid for," Mr. Stoecklein said.
"I mean if you can't -- I mean -- that's not the SEC's problem if you wasted $1.5-million, is it?" the judge queried.
"I understand, Your Honor," Mr. Stoecklein acknowledged, moving on to another topic.

"There was $250,000 spent by the prior counsel to bring reports current. And you know what I get, Your Honor, when I asked for those files?
"I get a one-sheet letter that says, 'Dear Donald, we don't have any files.'"
"I'm sorry," said Judge Murray, perhaps in commiseration.
Mr. Stoecklein went on to sketch some more woes involving Neil Levine, an auditor hired by the company earlier this year and given a retainer of $100,000. CMKM had planned to have Mr. Levine as a witness, but he ended up as a witness for the SEC.
"What happens on Friday last week, the company gets a letter from Mr. Levine saying he's terminating his position as the auditor," Mr. Stoecklein continued. "And I assume he's going to send back the $29,000 out of the hundred that he received, because his billing shows he spent $70,000.
"Now, I don't know -- I don't know why this company has such bad luck.

"Are people buying stock in this company knowing that the company's under investigation, that it hasn't filed, it's in violation of the securities laws?" Judge Murray asked.
"Well, I think it's pretty clear that there's investigations going on, and if you're buying it now, they are buying it aware of that, yes, Your Honor," Mr. Frizzell replied. "But I'm just -- I'm saying there's some victims out here, too."

"So it ties into the validity of the fallen 15," Judge Murray remarked, a reference to an inaccurate Form 15 filed by CMKM on July 22, 2003.
Judge Murray had a few questions of her own regarding something she had noticed in the draft report of stock issuances.
"Isn't it very unusual that a company would issue almost three billion shares and not list a reason?" Judge Murray queried, subsequently asking whether that struck Mr. Levine as being high.
"It strikes me as being high," Mr. Levine replied.
"I should think it would really strike -- I mean it's almost three billion shares," Judge Murray said. "Isn't that really high? Or do you see a lot of companies that issue three billion shares?"
"I don't, but if there was a reason for the shares to be issued that I could audit, I could given an opinion on it," Mr. Levine replied. "Right now, it looked -- yes it looks high to me, but I haven't audited it, so I don't know if it's accurate or not."
Judge Murray went on to ask whether a lot of companies that Mr. Levine audited issued three billion shares.
"No, they haven't," the witness replied.
"Have any of the companies that you've worked on ever issued 300 billion shares?" Ms. Hakala joined in with another question.
"No, they haven't," said Mr. Levine.

"I think the witness's testimony, as I understand it, is you can't have something outstanding that hasn't been issued," Judge Murray remarked.

Judge Murray posed a question of her own.
"Could I just ask the witness, do you transfer stock for any other company that has over 778 billion outstanding shares," the judge asked.
"No, we don't," Ms. Bagley replied.
With that, Judge Murray excused the witness.

Judge Murray intervened with a question, asking Ms. Herring when she had requested the documents from Mr. Casavant.
"I believe it was about the beginning of April," Ms. Herring replied. "I don't recall the exact date."

A short time later Judge Murray had a few more questions for the accountant.
"Isn't your company located in Las Vegas, Nevada?" Judge Murray asked.
"Yes, it is," Ms. Herring replied.
"And isn't this CMKM Diamonds located in Las Vegas, Nevada?" the judge asked.
"Yes, it is," said Ms. Herring.
"Well, why didn't you get in your car and go where they are and go into the office and get the stuff?" Judge Murray asked.
"It is my understanding that the office is in Mr. Casavant's house, and I have not felt comfortable going to his house," Ms. Herring said. "No other reason."
"So they don't have an office?" Judge Murray queried.
"To the best of my knowledge, no," Ms. Herring replied.
"Where does this lady, Ms. Gutierrez, work?" Judge Murray asked. "She's the office administrator?"
"She was," Ms. Herring replied. "I do not believe she currently is."
Ms. Herring testified that she did not know where Ms. Gutierrez performed her office management when she was employed by CMKM.
CMKM's new accountant told the court that she had also requested documents from Brian Dvorak, a lawyer who had done some work for the company, but had yet to receive anything.

Once again, Judge Murray had some questions for the witness.
"Does it seem possible to you to do that from the documents you have?" the judge asked.
"From the documents that are in my possession at this point in time, no," Ms. Herring replied. "Assuming that I'm provided with the balance of the documents that I need, yes. And I've been assured by Mr. Casavant that I will get those documents."
"And what exactly has he told you that he's going to give you?" Judge Murray asked. "But evidently he told you that at least a month ago? What is this? This is the 9th of May. So he told you about the 7th of April he was going to give you this stuff?"
"Yes," Ms. Herring replied.
"What is he going to give you that he hasn't given you that you need?" Judge Murray asked.
"Cancelled checks," Ms. Herring said. "I am missing several bank statements, so I will have the copies of the bank statements. Supporting invoices. Accounts payable invoices. Contracts for stock issuances and service contracts for stock issuances."
The accountant went on to say that CMKM was not her only client and that she had been doing other work over the past month.
"Okay," Judge Murray remarked. "But the materials that you're missing seem to me to be pretty substantial. Or am I wrong?"
"No," Ms. Herring replied. "I would have to concur with that."
"Okay," the judge said. "And you've had a request pending for these documents for a month from this gentleman?"
"Yes," said Ms. Herring.

Judge Murray again had some questions.
"And when you say 'jade collection' -- evidently this company had mining rights," Judge Murray began. "Do they mine jade in Canada?"
"I'm not clear on this whole transaction," Ms. Herring replied. "No, they do not. It was a revenue source, from my understanding, and what I obtained through reading the agreement, it was to be able to show this collection throughout the world and generate revenue."
"How would generate rev -- oh, you were going to stage a show?" asked the judge. "People were going to pay to see the collection of jade?"
"I was not involved at the time, so I can't really comment," Ms. Herring said. "I -- I don't know."
"Does it make sense?" Judge Murray queried. "I'm sorry."
"I didn't concern myself with it too much because I knew the contract reversed itself," Ms. Herring said.
"But you have no proof that the contract reversed itself," Judge Murray commented. "Somebody told you that the contract reversed itself; right?"
"Correct," Ms. Herring said. "Correct."
"You don't know whether those shares of stock ever come back, do you?" asked the judge.
"I do not," Ms. Herring replied.

Judge Murray intervened with some further questions.
"When you say, 'Mr. Casavant or the company,' it sounds like he is the company," Judge Murray commented. "He has all the files for the company in his home?"
"I'm not sure," Ms. Herring answered. "I'm not clear on that."
"Well, when you ask people, where do they tell you that the files are?" the judge asked.
"'We have that somewhere,'" Ms. Herring replied. "'We have it.' That's what I've been told is, 'We have those documents.'"
"And who tells you this?" Judge Murray queried.
"I've been told that by Mr. Casavant, by Ginger, by James, that these documents are available," Ms. Herring said.
"But Ginger doesn't work there any more; right?" asked Judge Murray.
"That's correct," Ms. Herring replied.
"And James, does he work there?" Judge Murray asked.
"Not to the best of my knowledge, but I believe there's a continued relationship," said Ms. Herring.
"Well who works there?" the judge wanted to know.
"I'm not familiar with who all works at CMKM," Ms. Herring said. "My dealings have been with Mr. Casavant, primarily."

She was about to pose a question regarding the 2004 general ledger when Judge Murray stepped in again.
"Well, excuse me," said the judge. "She said there's no revenues, but there's some deposit figures there; right?"
"Correct," Ms. Herring replied.
"Well, isn't that revenue?" the judge asked.
"No," said Ms. Herring.
"What is that?" Judge Murray asked.
"Those, I believe, are all loans to the company from Mr. Casavant," Ms. Herring replied.
Ms. Hakala joined in with a question about why Mr. Casavant loaned substantial amounts to the company, drawing an objection from Mr. Stoecklein about how the accountant would know that.
"I mean, we're speculating here, we're dealing with detailed financial statements," Mr. Stoecklein argued. "I mean, the issue here is, is this company going to get this stuff in order and get it reporting. It isn't the Commission's position to be able to go into this kind of detail."
"Well, I think I disagree," Judge Murray informed Mr. Stoecklein. "If the witness prepared the document, you can ask the witness questions about the document."
The judge went on to ask Ms. Herring whether the deposits under discussion represented loans from Mr. Casavant.
"That is my understanding," Ms. Herring began. "Whether that is -- when I am looking at the bank statements provided by Mr. Casavant, I have money coming in. I have a bank deposit.
"I know from Mr. Casavant that they are not doing anything to generate revenue. I know it's not revenue.
"I know that on occasion Mr. Casavant has lent the company money.
"I do not have loan agreements to support the money coming in.
"Most of that money is -- has been either treated as donated capital to the company without a loan document to support a loan, or it is sitting in a suspense account because I don't know what to do with it at this point."
"Okay," Judge Murray said. "You have an indication there's money, but you haven't got a source or a way to characterize it or sort of put it -- "
"Correct," Ms. Herring replied.
"Okay," Judge Murray said. "All right. Counsel, do you have any objection to those questions?"
"I'll save it for redirect -- or cross, Your Honor," Mr. Stoecklein replied.

Judge Murray asked for some more information regarding the $36.5-million that the accountant had now identified as an accumulated deficit.
Ms. Herring said that the figure represented $26-million paid for consulting, $1.4-million for mining supplies, $2-million in financing fees and $468,000 in loan costs.
"And then in 2004, there are no expenses, so the bulk of it is made up in the transactions that were recorded as of December 31st, 2003," Ms. Herring testified, later adding that the beginning accumulated deficit balance from 2002 was $3.4-million.
"Okay," Judge Murray said a short time later. "I think I've got it. I always thought of retained earnings, though, as a positive figure. I don't think I've ever heard of retained earnings as a negative. Am I wrong? It's often a negative?"
Ms. Herring nodded her head affirmatively.
"It is often?" Judge Murray queried.
"Very often a negative," Ms. Herring said. "I would say 90 per cent of my clients have negative retained earnings."
"So that essentially means that, as of the end of 2004, CMKM Diamonds had a deficit of $36-million and change?" Ms. Hakala asked.
"Correct," said Ms. Herring.

Judge Murray intervened with a final question for Ms. Herring.
"And the reason that that's the only effort is because you're lacking documents from the company; is that right?" Judge Murray asked.
"That's correct," Ms. Herring replied.

Judge Murray intervened to suggest that Mr. Williams's answer seemed to conflict with the testimony of CMKM's accountant, Suzanne Herring, who had testified that CMKM did not have any revenue.
Mr. Williams testified that he could not remember the exact dates when the ore delivery began, but he guessed that $90,000 or $120,000 worth of gold had been processed in 2004.
"And if CMKM were to receive 50 per cent of that, would that money come back, flow into the United States?" Mr. Stoecklein asked. "What happens to that revenue stream?"
"The first revenues have been put back into the mine to develop it," Mr. Williams said. "I am -- I'm not sure. Nevada Minerals is the operator of the mine and it's our responsibility to give the money to them. What relationship they have with CMKM, I'm not sure what that would be."
Mr. Stoecklein followed up with some further questions regarding the Ecuador operation before Judge Murray intervened seeking some clarification.
"And what kind of a plant is this?" the judge asked. "What is this plant?"
"It's a processing facility for gold and silver," Mr. Williams replied.
"And your company owns it?" Judge Murray asked.
"Yes, we do," said Mr. Williams.
"And CMKM Diamonds owns one shaft?" asked the judge.
"They own a shaft that actually gets the ore out of the ground," Mr. Williams replied.
"So when you say Nevada Minerals operates the mine, does CMKM Diamonds operate a shaft?" Judge Murray queried.
"No," said Mr. Williams. "They're the owners of it."
"They own one of the shafts that Nevada Minerals operates?" asked the judge.
"Is the operator of down there, yes," Mr. Williams said. "But they're the owners of it, I believe."
"And who owns Nevada Minerals?" the judge wanted to know. "Is that a public company?"
"No," said Mr. Williams. "It's a private Nevada corporation."
"And who owns this private Nevada corporation?" Judge Murray asked. "Do you own part of it?"
"No, I don't," said Mr. Williams.
"Does Mr. Casavant, if you know?" the judge asked.
"Not that I'm aware of," Mr. Williams answered.
"Who owns it, if you know?" Judge Murray still wanted to know.
"John -- John Dhonau," Mr. Williams replied.
"Okay," said Judge Murray. "I don't understand your relationship -- your company's relationship to CMKM Diamonds."
"Right now we just process the ore that comes from their mine," Mr. Williams offered.
"That's all you do with them?" asked the judge.
"In Ecuador, yes," Mr. Williams replied.
Mr. Stoecklein delved briefly into the historical significance of the Ecuador mine known as the American mine before Judge Murray intervened with some more questions.
"What were your total revenues in 2003, 2004 and 2005?" Judge Murray asked. "You being U.S. Canadian Minerals, total revenues."
Mr. Williams testified that he would "have to check with the auditor for that," but it was approximately between $90,000 and $120,000 for 2004.
"Is that gross revenue or net revenue?" Judge Murray asked.
"Gross," said Mr. Williams.
He went on to testify that he did not have the numbers with him for 2005.
"Did you make anything?" Judge Murray asked.
"Yes, we did," said Mr. Williams.
"Gross revenues," Judge Murray remarked. "You realized some revenues in 2005."
"Yes, we did," said Mr. Williams.
The judge went on to ask how much money the company made in 2003.
"We weren't in operation then," said Mr. Williams.
"You weren't," said the judge. "So you've been in operation one year."
"Fourteen months, fifteen," Mr. Williams offered.
"Fourteen months," Judge Murray said. "What were your net revenues in 2004?"
"I don't have the numbers with me," Mr. Williams said.
"Were they positive or negative?" Judge Murray queried.
"It was positive," said Mr. Williams.
"Positive," said the judge. "Thank you."
Mr. Stoecklein picked up his cross-examination, asking Mr. Williams how much money U.S. Canadian Minerals had put into the Ecuador processing facility.
"I don't have an exact number yet on what we've put into that plant," Mr. Williams replied.
"But you've made an investment -- " Mr. Stoecklein began.
"A large investment, yes," said Mr. Williams.
"Would you make that large investment if you were not anticipating making revenues from that large investment?" asked CMKM's lawyer.
"No, I wouldn't," said Mr. Williams.
Judge Murray had some further questions at that point, asking Mr. Williams about the $90,000 or $120,000 generated by the Ecuador operation.
"Are these figures divided in half?" Judge Murray asked. "You only have half of it?"
"No," said Mr. Williams. "That's the total amount of gold and silver that we got out."
"So where does their half come in?" Judge Murray queried. "CMKM Diamonds -- "
"They come out of that," Mr. Williams said. "Their half came out of that."
"Their half came out of that," Judge Murray repeated.
"Yes," said Mr. Williams.
"So from this Ecuadorial, whatever it is, they -- CMKM Diamonds grossed between $45- and $60,000," Judge Murray remarked. "That's gross, that's not net. Okay."

According to the SEC, an adverse inference could be drawn as to the company in that situation. Evidently that was Judge Murray's preliminary understanding, too.
Mr. Stoecklein suggested that he should be given "a little leeway."
"I don't see why we can't get a little testimony in as to the viability of this company and in terms of its reporting capabilities," Mr. Stoecklein argued. "I mean, is it viable? I would think Your Honor would want to know that information."
"We just had the president, the chief executive officer of the company on the stand," Judge Murray said. "He refused to answer a question. The best source of information refused to answer a question."
CMKM's lawyer suggested that Mr. Dhonau was a more capable witness, "irrespective of the Fifth."
"No," Judge Murray decided. "I've tried to give you a lot of leeway. You're asking one gentleman to value the assets of another company and that's pushing it. I'll sustain the objection."

Judge Murray had some questions about the $2-million note.
"Did you cash it?" Judge Murray queried. "Did you cash it? You actually got $2.2-million?"
"A note," Mr. Dhonau explained.
"A note," said Judge Murray. "Have you foreclosed on the note?"
"No, ma'am," said Mr. Dhonau. "It's not due until December."

Mr. Maheu went on to testify that he was being paid $40,000 per month as a board member.
"A month?" Judge Murray queried.
"A week," Mr. Maheu replied, then corrected himself. "A month. Month. I'm sorry. I'm -- I was trying to get a raise."
"You did," Judge Murray quipped. "You did."
Following that exchange, Mr. Stoecklein picked up his direct examination.
"You mentioned a moment ago of the reasons why you joined the board," Mr. Stoecklein said. "What has been accomplished, in your mind, in terms of compliance?"
"I think that we have put together a team that has complied with my request and I hope that the work product that we're producing now will be evidence that we have tried," Mr. Maheu replied.
Judge Murray had some questions regarding that testimony.
"Could I just ask, have you been in the courtroom and heard the testimony of some of the prior witnesses?" the judge asked.
"I have not, Your Honor," Mr. Maheu replied.
"Well, would it surprise you that -- and counsel correct me if I'm wrong -- that some of the prior witnesses have said in the period since you joined after February of 2005, that they requested data, books and records from the company and were not able to get them as of yesterday or today?" Judge Murray asked.
"I'm not familiar with that testimony," said Mr. Maheu.
"How can they have -- if I'm correct that they did so testify, and the record will say whether they did or they didn't, how can they have given that testimony if you're sitting here and telling me that since February your team has made all these great forward progress towards fulfilling the reporting requirements?" Judge Murray queried.
"To my knowledge, they have furnished the information that we have requested," Mr. Maheu said. "I'm not aware of the testimony to which you refer."
"Who's 'we have requested?'" asked Judge Murray.
"That I have requested," Mr. Maheu said. "It was my duty to request it and I have requested it."
As Judge Murray continued, Mr. Stoecklein attempted to intervene, suggesting, among other things that people do not generally go to a board member who had just joined the company a short time ago in order to obtain documents from several years ago.
"But he says he's been on the board since February and he's shaping the company up," Judge Murray said.
"That's correct," Mr. Stoecklein said.
"And, yet, the accountants have been looking for information since February and this is May and they haven't been getting the information and he doesn't know anything about it," Judge Murray said.
"Are you suggesting that Mr. Maheu would have that information from three years before he joined the company?" Mr. Stoecklein asked the judge.
"Well, he should know that the accountants were looking for it and haven't been able to get it," Judge Murray said.
"Am I correct that you were unaware that accountants have been asking for information since February, March, and April and haven't been able to get it from the company?" Judge Murray asked the witness.
"I was unaware -- I was not unaware that they were asking for the information," Mr. Maheu said. "But I was unaware that the information was not progressing."

Mr. Stoecklein said he had no further questions, but Judge Murray had some closing questions of her own.
"Okay," Judge Murray said to Mr. Maheu. "I want you to understand that sometimes I have to be blunt. Okay?
"Could you explain to me why I might think that they hired you and paid you $480,000 to give some color of legitimacy to this operation? In other words, you evidently have an esteemed reputation.
"So did that thought ever cross your mind, that this company brought you in just to make it look like there was some legitimacy to it and paid you this amount of money?"
"First of all, Your Honor, I've only been paid, so far, $80,000," Mr. Maheu began, receiving an acknowledgement from the judge. "And I would like to believe that, yes, that my background -- and I repeat.
"I can stand any, any full background investigation that any entity can do based on I already have.
"And I think that having spent a lifetime trying to be in that position -- and I do have a great record in business -- that, yes, I would like to believe that they would have hired me for my past experience."
"Has it ever crossed your mind that you're being used?" Judge Murray asked.
"I don't think so, Your Honor," Mr. Maheu said. "No."
With that, Mr. Maheu was excused.

That drew some questions from Judge Murray.
"Could I just have a little bit more information on that because I've seen the pleadings with this Securities Law Institute," Judge Murray remarked. "And I don't know. I thought it was a school, but you're affiliated with the law firm?"
"We act as an outsource for the law firm," Ms. Buck said.
"An outsource for the law firm," Judge Murray repeated. "What does that mean, 'an outsource for the law firm?'"
"Basically it's -- we receive some of the clients that, if they need extra -- some work that needs to be done, we'll oversee some of that work that needs to be done by the Stoecklein Law Group," Ms. Buck replied.
"Okay," said Judge Murray. "So your boss is Mr. Stoecklein?"
"Well, he has his own law firm," said Ms. Buck. "But he's not affiliated -- I mean that's his entity and then Anthony DeMint is the president of Securities Law Institute."
"Okay," Judge Murray said, going on to address Mr. Stoecklein. "Anthony DeMint, who's the gentleman that's been sitting beside you?"
"That's correct, Your Honor," Mr. Stoecklein answered.
"And he is an attorney?" the judge queried.
"Your Honor, for the record, the law firm owns the Securities Law Institute," Mr. Stoecklein said, not answering the question. "So it is an outsource group that we utilize in Las Vegas for work when we don't do it in the San Diego -- perform the obligations in the San Diego office."
"And does it do -- does it do work for other law firms?" Judge Murray asked.
"No," said Mr. Stoecklein. "It primarily does work -- well, in some cases but not normally, Your Honor. It generally speaking, it handles the reporting for approximately 42 different companies."

That testimony drew another intervention from Judge Murray.
"We should just say -- I think I've got this right -- that EDGAR is an electronic data gathering and retrieval system that the SEC operates where all public companies make their filings electronically," Judge Murray commented. "And my belief is that it's open to the general public.
"I mean, people can get on a computer at any public library and go into EDGAR and get a report that a public company has filed.
"If I'm incorrect, somebody can correct me on that."
"No, that's correct," said Mr. Stoecklein.
"But just generally available information of all the reports like the ones that are at issue in this proceeding would be available on the EDGAR system to the general public," said Judge Murray. "So what she's doing is just drawing down public documents."
"Yes," Ms. Buck chimed in.

"And who was this financial person?" Judge Murray interjected.
"I believe it was David DeSormeau," Ms. Buck answered.
"And can I ask what David DeSormeau said about the ability to generate financial reports?" Mr. Stoecklein continued.
"It was my understanding that we hadn't received much information from him, so it became -- the decision, I believe, was to retain somebody else that could prepare financial statements for the company," Ms. Buck replied.

Judge Murray subsequently intervened with a few more questions.
"But isn't Opus Point also affiliated with this law institute?" the judge asked.
"It -- I mean we are -- we share -- she is in our office, yes," Ms. Buck replied, stumbling a bit.
"Do you own Opus Pointe, too?" Judge Murray asked, directing her question to Mr. Stoecklein.
"Yes, I do, Your Honor," CMKM's lawyer replied. "After we saw how much Mr. DeSormeau was making."

"Objection, Your Honor," Ms. Hakala called out. "Leading."
"It is leading," Judge Murray agreed.
"I know, Your Honor," Mr. Stoecklein said.
"Pardon?" Judge Murray queried.
"I know, Your Honor," Mr. Stoecklein repeated. "I've been lucky so far."
"Don't push it," Judge Murray cautioned.

Evidently Judge Murray had heard enough about the boxes.
"I think it's around two boxes," Judge Murray remarked. "But let me ask you, is that all the material now for, like, three years of business?"
"That's what has been provided, yes," Ms. Buck said.

"I don't have it in front of me," Ms. Buck said. "It's information -- I don't memorize everyone's agreement."
That response brought a rather terse admonishment from Judge Murray.
"Hold on just a second," said Judge Murray. "The witness has to remember you're under oath, so I want you to think before you fire back an answer. All right?
"If you think, you pause, you remember you're under oath, you have to tell the truth."
 
Posted by bill1352 on :
 
i think there is a problem here that hasn't been mentioned very often. the rule states over 300 shareholders or less then 500 shareholders & under $10 million in value. thus a start up company gets going, less then 300 shareholders but ppl think it has a chance & 450 ppl own shares on a daily basis but they still have no money, both cases no reports required by the rules. but 1 day good news & all of a sudden they have 600 shareholders or 1000 shareholders, this company must start filing. CMKX knew they had 100 billion in the o/s by the end of 2003, 400 billion in mid-2003 up to 779 billion by aug. 2004. you can't tell me they didn't know they had over 500 shareholders. 500 shareholders would be an average of 1.558 billion shares. cmkx's obligation to report even if they had 300 in july of 2003 started at the point they had to know they were over 500 shareholders no matter what they thought value was. its not the SEC's job to track the number of sharehoplders of every company. its on the company to be honest, its on the company to periodicly check to be sure they are compliant. the divys should have proved to the company it was over 500 1,000 times & thus the form15/a or a form stating by law we have to report should have been filed. not doing so does show intent. it does show cmkx or UC didn't care if they were following the rules. it does show a blantant disregard for the rules. that form 15 did not give them a free pass till they felt like filing.
 
Posted by legaleagle on :
 
Bill, I was amazed to see your post over at PB32. Not that you were posting, but that you completed an entire paragraph, beginning each sentence with a capitalized word. Keep up the good work. But one question, why do you like them more than us? LOL
 
Posted by Upside on :
 
Bill is defecting.
 
Posted by bill1352 on :
 
i did that???? must be someone hacked in under my name. d**n bashers...lol ....seriously if i did that it was a mistake. i am getting popular over there, the pm's are starting to come in...lol of course most are not very civil. i just found out i'm retarded, a moron, can't read & that i need help in understanding simple basic principles of the stock market. i have soooooo much to learn...lol
 
Posted by Upside on :
 
What you're doing is akin to playing with fire. That's the serious Kool-Aid board and right now you're trying their free samples. Before long you'll be hooked and coming back here every now and then, all strung out, posting their brand of babble. For your sake I hope CMKX is revoked. You might not be to the point of no return by then, if you're careful.
 
Posted by Ric on :
 
lol
 
Posted by legaleagle on :
 
SEC FILES MOTION TO STRIKE OWNER GROUP NS RESPONSE. SUMMARY: "WAH"


http://www.cmkxownersgroup.com/SECObjectiontoOGBrief.pdf
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
i did that???? must be someone hacked in under my name. d**n bashers...lol ....seriously if i did that it was a mistake. i am getting popular over there, the pm's are starting to come in...lol of course most are not very civil. i just found out i'm retarded, a moron, can't read & that i need help in understanding simple basic principles of the stock market. i have soooooo much to learn...lol

THEY ONLY HAVE YOUR BEST INTERESTS AT HEART, BILL
 
Posted by mydogsky on :
 
quote:
Originally posted by legaleagle:
SEC FILES MOTION TO STRIKE OWNER GROUP NS RESPONSE. SUMMARY: "WAH"


http://www.cmkxownersgroup.com/SECObjectiontoOGBrief.pdf

I wonder if the SEC could press forward with a liable suit against the owners group for basically calling them criminals?
 
Posted by ed19363 on :
 
quote:
Originally posted by legaleagle:
SEC FILES MOTION TO STRIKE OWNER GROUP NS RESPONSE. SUMMARY: "WAH"


http://www.cmkxownersgroup.com/SECObjectiontoOGBrief.pdf

Hate to say "I told ya so", but
I told ya so.....
NSS has absolutely nothing to do with CMKX's failure to file, and I expect the judge to block this evidence.
IMO, the only way out for CMKX is to FILE, and be damn quick about it.
Time's a-wasting.
 
Posted by GatorMan on :
 
quote:
Originally posted by ed19363:
NSS has absolutely nothing to do with CMKX's failure to file, and I expect the judge to block this evidence.
IMO, the only way out for CMKX is to FILE, and be damn quick about it.
Time's a-wasting.

I've thought of one way massive NSS could affect this case, but to be honest I don't think, given what we know from testimony that this should be even considered. What if I had 300 or less shareholders holding legitimate shares and enough "shareholders" held counterfeit shares to take the total above 300? What we have then is not only counterfeit shares but counterfeit shareholders!

Like I said, this has no bearing on this case and I only put it forward as an example of how NSS COULD affect a judgment as to whether filing is necessary under SEC regulations.

I wholeheartedly agree that the only way out for CMKX at this point is to file, and file very soon.
 
Posted by legaleagle on :
 
quote:
Originally posted by mydogsky:
quote:
Originally posted by legaleagle:
SEC FILES MOTION TO STRIKE OWNER GROUP NS RESPONSE. SUMMARY: "WAH"


http://www.cmkxownersgroup.com/SECObjectiontoOGBrief.pdf

I wonder if the SEC could press forward with a liable suit against the owners group for basically calling them criminals?
MYDOG, I THINK THE OG WOULD WELCOME THAT. THEN THEY COULDN'T BLOCK THE ISSUES.
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
quote:
Originally posted by legaleagle:
SEC FILES MOTION TO STRIKE OWNER GROUP NS RESPONSE. SUMMARY: "WAH"


http://www.cmkxownersgroup.com/SECObjectiontoOGBrief.pdf

Hate to say "I told ya so", but
I told ya so.....
NSS has absolutely nothing to do with CMKX's failure to file, and I expect the judge to block this evidence.
IMO, the only way out for CMKX is to FILE, and be damn quick about it.
Time's a-wasting.

PROBABLY WILL STRIKE ED, BUT SHE HAS ALREADY SEEN THE NS EVIDENCE AND THE WORLD HAS SEEN THE EVIDENCE. AND I WILL STILL MAINTAIN THAT CMKX HAS NO INTENTION OF FILING. IF SO, THEY WOULD HAVE ALREADY DONE IT, SINCE THE FILING INFO HAS BEEN READY FOR MONTHS.
 
Posted by bill1352 on :
 
upside...no worries...in a way its fun. i get to be like wallace was about 8 months ago here. i will say i'm not completely alone. there are a handful of ppl that quit drinking the kool-aide & reality is starting to set in. i even had 1 person agree with me that the Lee Webb posts of the transcript are real. they dont like him, they don't agree with his comments & i don't think they realize the meaning of what was said but at least they didn't call it lies as a few came close to doing.
 
Posted by Doctoall on :
 
Looks like the blame is finally coming back to where it belongs, on the shoulders of Urban Casavant et al. CMKX will be revoked plain and simple [Big Grin]
 
Posted by bill1352 on :
 
the SEC had every right & was correct in posting that about the OG brief. does it mean they are protecting anyone...no. it means this court case is not about NSS. would they protect mm's NS'ing cmkx or any other stock? who knows, that court case has yet to happen. as ed just posted, this case is about not filing period. there is no second part of this case. if frizzy wants to go after NS'ing he needs to file a lawsuit against the SEC, DTC & whoever he can prove is ns'ing cmkx. then we will see the SEC's reaction & if they protect the ns'ers.
 
Posted by mydogsky on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by mydogsky:
quote:
Originally posted by legaleagle:
SEC FILES MOTION TO STRIKE OWNER GROUP NS RESPONSE. SUMMARY: "WAH"


http://www.cmkxownersgroup.com/SECObjectiontoOGBrief.pdf

I wonder if the SEC could press forward with a liable suit against the owners group for basically calling them criminals?
MYDOG, I THINK THE OG WOULD WELCOME THAT. THEN THEY COULDN'T BLOCK THE ISSUES.
Legal I don't understand what it is the OG is fighting for anymore. Do you believe there is any material worth to CKMX or is the owners group hoping to make their money back on a supposed NSS? I mean all I hear about anymore is the NSS which means that no one left in this stock, bashers and pumpers, believes CMKX holds any land worth any value. If this is the case doesn't that tell you, through simple common sense, that CMKX has been playing everyone since day 1? Forget about the size of the float, a/s, NSS, etc, etc if the land isn't worth anything then the stock isn't worth anything. If the judge were to let this stock stay trading because of the OG's arguements the OG would be worse then the owners of CMKX because they would know that this stock is worthless but they would be ok with it because they simply want to make their money back on the backs of "fresh blood" investing into this stock. I know a lot of people lost a lot of money, but trying to make that money back through new investors isn't the way you should go about making your money back. IMO take what I say with a grain of salt because I lost money on this stock as well...and I wouldn't want to make that money back from an single mom trying to invest in something to make some extra money not knowing any better.
 
Posted by Upside on :
 
Originally posted by bill1352:
quote:
upside...no worries...in a way its fun.
Guess I'll have to take your word for it but you know how it goes, it's always fun at first but then the fun turns into a need and before you know it..... well, you know the rest of the story.
 
Posted by legaleagle on :
 
Mydog, this is a legal play and a valuation play. The legal play of eliminating the NS has to be played out before announcing valuation, because the valuation would do nothing for the stock with trillions of claims (legit or not)against it.
 
Posted by legaleagle on :
 
quote:
Originally posted by Upside:
Originally posted by bill1352:
quote:
upside...no worries...in a way its fun.
Guess I'll have to take your word for it but you know how it goes, it's always fun at first but then the fun turns into a need and before you know it..... well, you know the rest of the story.
YEP, SOMEBODY GETS AN EYE PUT OUT.
 
Posted by ed19363 on :
 
Legal, you get to play right field. This is NOT a legal play, they've already lost. NSS is not an issue, and they've admitted not filing. What is so hard to understand about getting revoked? They have tried without success to get their views introduced, and been stopped at every juncture.
IMO, the judge will not allow NSS, CMKX will be revoked, and our shares will become worthless. Begging for additional time probably wont work either, since they've already had two years plus.
Also, how can you call it a valuation play, when nothing has been decided about the valuation. In order for there to be valuation, a filing needs to be done, financials need to be published. Otherwise, it's all speculation.
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
Legal, you get to play right field. This is NOT a legal play, they've already lost. NSS is not an issue, and they've admitted not filing. What is so hard to understand about getting revoked? They have tried without success to get their views introduced, and been stopped at every juncture.
IMO, the judge will not allow NSS, CMKX will be revoked, and our shares will become worthless. Begging for additional time probably wont work either, since they've already had two years plus.
Also, how can you call it a valuation play, when nothing has been decided about the valuation. In order for there to be valuation, a filing needs to be done, financials need to be published. Otherwise, it's all speculation.

ed, you are just plain not listening, so it doesn't do me any good to answer your questions.
 
Posted by bill1352 on :
 
i think the judge will be interested in any NS total frizzy can prove. but again this is UC's fault. he quit filing, he filed a false form 15 & its his job to make sure its correct, not the SEC & he never made sure correct book were kept so filing could be done. UC opened the door to a legal & for very real reasons a SEC flush of cmkx is a month away. the SEC listed a bunch of companies that did the same thing. they screamed NS, they quit filing & never did file thus the SEC flushed the companies. stock is worthless, no settlements, no nothing except a negitive entry in broker accounts in thousands of ppl's names. cmkx will be on the next list for the next company screaming NS & not filing.
 
Posted by tomr929 on :
 
Can anyone tell me why the MAR 25,2001 is on the document
 
Posted by ed19363 on :
 
I'm listening, but all I've heard from you is long posts of things I've already read, and babble about IMO, which dont cut it.
WE NEED A FILING, AND IT MUST HAPPEN BEFORE THE JUDGE REVOKES CMKX !!!!!!!
Just which one of those words don;t you understand?
 
Posted by legaleagle on :
 
LEGAL PRECEDENT FROM THE BRIEF:


"Naked Short Selling And Its Relevance To This Proceeding I was informed by this Court at the evidentiary hearing that this Courts policy is to accept post trial exhibits until it enters its final ruling in this matter. (Hearing Tr 22) This Court ruled that evidence of naked short selling would not be allowed at the hearing and the Court granted the SECs Motion in Limine. This writer recognizes that naked short selling is not a part of the pleadings in this case. However, at the beginning of the public hearing of this matter, the Court referred to the e-Smart case. In the Matter of e-Smart Technologies, Inc., 2004 SEC LEXIS 2361 (Oct. 12, 2004). Judge McEwen held in her conclusions of law that Generally, arguments and factual matters falling outside the scope of the order instituting proceedings are considered only for limited purposes, such as background. Intl Sholders Servs. Corp., 46 S.E.C. 378, 386 n.19 (1976) The Court held that conduct outside the scope of the order instituting proceedings may also be relevant."
 
Posted by ed19363 on :
 
This Court ruled that evidence of naked short selling would not be allowed at the hearing and the Court granted the SECs Motion in Limine. This writer recognizes that naked short selling is not a part of the pleadings in this case.

So this, is the definition of beating a dead horse. These two sentences say volumes about what is going to happen in JULY.
 
Posted by bill1352 on :
 
"The Court held that conduct outside the scope of the order instituting proceedings may also be relevant." ..................................there ya go, the judge will see the OG briefs & look at any short frizzy can prove. big problem is that NS'ed companies file every quarter & yearly. it doesn't stop any of them from filing.
 
Posted by Ric on :
 
The only problem with that is that UC gave 360 people shares and thats one of the proof that they knew they had over 300. That would never fly with that. And for fact they had 698 legitimate shareholders when they filed the form 15.

quote:
Originally posted by GatorMan:
quote:
Originally posted by ed19363:
NSS has absolutely nothing to do with CMKX's failure to file, and I expect the judge to block this evidence.
IMO, the only way out for CMKX is to FILE, and be damn quick about it.
Time's a-wasting.

I've thought of one way massive NSS could affect this case, but to be honest I don't think, given what we know from testimony that this should be even considered. What if I had 300 or less shareholders holding legitimate shares and enough "shareholders" held counterfeit shares to take the total above 300? What we have then is not only counterfeit shares but counterfeit shareholders!

Like I said, this has no bearing on this case and I only put it forward as an example of how NSS COULD affect a judgment as to whether filing is necessary under SEC regulations.

I wholeheartedly agree that the only way out for CMKX at this point is to file, and file very soon.


 
Posted by Ric on :
 
Still, if you go into a court of law and make claims against the prosecutor without hard fact the Judge will get pretty peeved. Making an allegation that the SEC is doing a cover up without hard proof will get this judges panties in a bunch. I bet it gets tossed out real quick. The Judge made it clear she would give a little lee way to Frizzle but that NSS wouldn't be allowed as evidence for the hearing at hand. I think she had a personal interest in it thats why the lee way but once you start claiming that the SEC is somehow covering up NSS and trying to revoke them to protect the shorts is only going to make the judge wonder about your attentions.
 
Posted by Upside on :
 
Originally posted by Legaleagle:
quote:
The legal play of eliminating the NS has to be played out before announcing valuation, because the valuation would do nothing for the stock with trillions of claims (legit or not)against it.
Just so I've got this straight, the short situation has to be dealt with first either through a settlement, a court of law or some other channel, then once that's done, the valuation, share structure, all filings, etc. are released and CMKX starts trading fairly. Assuming that is correct, how is all of this going to be accomplished by mid July?
 
Posted by legaleagle on :
 
Frizzell excerpts dealing with NS and SEC complicity:


Why did the SEC choose the shortest possible time period to obtain a ruling from this court?

Rule 360 of the SEC Rules of Practice provides for a decision in 12(j) cases to be rendered in either a 120, 210 or 300 day time frame at the discretion of the Commission.

Why not extend this matter into the 210 or 300 day provisions instead of the lightning fast 120 day program we are under at this time so that filing might protect this large groupof shareholders?

Why was this proceeding filed prematurely (at least by our interpretation)?

Can the Court assist us in this regard?

Why does the SEC resist the companys request to view the open fails to deliver which are given to them daily from the SEC?

If the naked short position in this stock has any bearing whatsoever on this rush to judgment, I implore this court to slow down the judgment train.


If the SEC feels that these questions are pointing a finger at them, then maybe they should just answer them.
 
Posted by bill1352 on :
 
that 360 shareholders in january is the damning evidence. there is no way around it. the t/a testifyed they were issued. to be issued on an order form cmkx for payment of a service as these had been UC had to sign the order. he had to know they got the shares or the t/a would have informed him. shares held in street name do not count as 1 shareholder thus the NOBO list & the number of holders on it that frizzy keeps talking about. the t/a may not know each name but they know how many are on it.
 
Posted by legaleagle on :
 
quote:
Originally posted by Upside:
Originally posted by Legaleagle:
quote:
The legal play of eliminating the NS has to be played out before announcing valuation, because the valuation would do nothing for the stock with trillions of claims (legit or not)against it.
Just so I've got this straight, the short situation has to be dealt with first either through a settlement, a court of law or some other channel, then once that's done, the valuation, share structure, all filings, etc. are released and CMKX starts trading fairly. Assuming that is correct, how is all of this going to be accomplished by mid July?
Up, if there were a settlement, the SEC would be party to it, and the judge would be informed and the charges would be dropped immediately.
 
Posted by Upside on :
 
So barring a settlement that the SEC is a party to, do you see any way out of revocation considering how little time is left until the ruling date?
 
Posted by legaleagle on :
 
COMPLETE HEARING TRANSCRIPT..........UNEDITED BY LEE WEBB, LOL.


http://www.cmkxownersgroup.com/HearingTranscript.pdf
 
Posted by tntrader on :
 
Will CMKX ever die?!
 
Posted by Upside on :
 
Old diamond stocks never die, they just keep scamming along.
 
Posted by ed19363 on :
 
Yeah, sometime in July, unless they file.
 
Posted by Upside on :
 
Posted by ed19363:
quote:
Yeah, sometime in July, unless they file.
Nope, that's when the "fruit roll up" theory takes over. Face it, regardless of what happens, this stock will forever be somewhere near the top of all micro message boards.
 
Posted by ed19363 on :
 
Ah yes, the ole fruit roll up trick. I forgot about that one. All we have to do is figure out which companies will be included out of all the JVs. And someday, Casavant will be the PREMIER name in diamonds. At least I remember reading something about that a couple years ago. The date was something BC (before cars).
 
Posted by ed19363 on :
 
Just think, over the years this company has been a shell, then it went after diamonds, then stuffium, then race cars, then oil. And as a grand finale, it is pretending to be a dragon-slayer. Gonna put that ole SEC right back in it's place. Yessir, CMKX is gonna right all the wrongs in the stock market for the last 71 years.
Not bad for a company that doesnt even have an office.
 
Posted by Upside on :
 
I wish someone would come here and lay out the current fruit roll up theory. I don't think it could be done but I don't know the current thinking.
 
Posted by bullish_pennystocks on :
 
when will the judge rule?
 
Posted by Upside on :
 
I believe it's no earlier than June 29th and no later than July 15th.
 
Posted by ed19363 on :
 
quote:
Originally posted by Upside:
I wish someone would come here and lay out the current fruit roll up theory. I don't think it could be done but I don't know the current thinking.

The theory is that if CMKX is revoked, they will roll the shares into a new company. They would use CIM, but that symbol is already taken. So they will have to come up with a new one. I've already suggested PUKE. I see some problems doing it, though, since basically it's illegal. But that hasnt stopped anyone so far. Plus the problem of finding enough nitwits to go through all this again.
 
Posted by Upside on :
 
Posted by ed19363:
quote:
The theory is that if CMKX is revoked, they will roll the shares into a new company. They would use CIM, but that symbol is already taken. So they will have to come up with a new one. I've already suggested PUKE. I see some problems doing it, though, since basically it's illegal. But that hasnt stopped anyone so far. Plus the problem of finding enough nitwits to go through all this again.
Do you suppose that's even possible? If they're revoked, the judge isn't just revoking their symbol, she'll be revoking their corporation and management as a whole. Are people assuming she's saying "keep doing what you're doing guys, just call yourselves something else." Also last time I checked, any IPO's have to go through the SEC. Wonder how they'll feel about it.

So if CMKX is revoked, there's now 700-800 billion worthless shares out there. Let's say that Urban decides to start up another company. Do these people really believe that out of the goodness of his heart, he's going to start his new company and just give away new shares in the new company to everyone holding old CMKX stock? Brand spanking new company with an o/s of 800 billion? That is truly insane.
 
Posted by ed19363 on :
 
Upside, the cult has come up with so many insane ideas, I dont believe any of them.
The way I see it, CMKX is revoked, we all lose our money, the certificates are toilet paper, electronic shares disappear into the cosmos. If UC opens another company somehow, I wouldnt touch it with a mile long pole. This guy must have agendas that I cant even imagine. And none of them (IMO) have anything to do with making anybody rich except himself.
 
Posted by bill1352 on :
 
great 364 pages of transcript...lol no wonder webb gave the readers digest version.
 
Posted by Doctoall on :
 
The first step to recovery is admitting that you have been "scammed". And I admitted that some time ago. While it's hard to admit that you were wrong all you have to do is say "I Was Scammed By Urban Casavant".

CMKX = Scam [Big Grin]
 
Posted by ed19363 on :
 
quote:
Originally posted by bill1352:
great 364 pages of transcript...lol no wonder webb gave the readers digest version.

I am patiently waiting for legaleagle to post the entire 364 pages here. I know it's just a matter of time.
 
Posted by Upside on :
 
Posted by Doctoall:
quote:
While it's hard to admit that you were wrong all you have to do is say "I Was Scammed By Urban Casavant".
I'm taking it one step further, I'm having it printed along with other snappy "scam" phrases and printing them on tee-shirts. One day after revocation E-Bay is gonna be flooded with "Urban Scam Tees" at 10.99 each (+5.99 shipping). As I've said over and over, one way or another, this stock will pay off for me.
 
Posted by bill1352 on :
 
well i'm up to page 31...CMKX says naked shorting is not the reason they didn't file. so much for abbogirl & how any real cpa would never file without including NSS....a few others posted the same thing earlier today.
 
Posted by ed19363 on :
 
Take your time, Bill, there's a page there for almost every day in the year.....LOL
 
Posted by bill1352 on :
 
rotflmao...she didn't allow ns evidence in part because "CMKX has not yet made the required filings."....2 more things posted that were not said...the judge never asked what NNS is & the SEC never said it wasn't NS'ed...they just didn't stipulate that it was. they did have a rebutal witness there if needed to show it wasn't.
 
Posted by bill1352 on :
 
no big deal ed...i get home from work, i drink 2 cups of coffee & read chit on the web...might as well be this cause the Pistons blew game 5, dont care to read the media gloating.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by Upside:
Posted by Doctoall:
quote:
While it's hard to admit that you were wrong all you have to do is say "I Was Scammed By Urban Casavant".
I'm taking it one step further, I'm having it printed along with other snappy "scam" phrases and printing them on tee-shirts. One day after revocation E-Bay is gonna be flooded with "Urban Scam Tees" at 10.99 each (+5.99 shipping). As I've said over and over, one way or another, this stock will pay off for me.
Did I just read the above correctly? Upside either calling or suggesting CMKX is a SCAM!!!
WOW!!! Never thought I would hear that from him. I want one of those T-Shirts, Up!
QUACK! QUACK! QUACK! LOL
 
Posted by Wallace#1 on :
 
UP,

I want "QUACK! QUACK! QUACK!" added on my T-Shirt. Otherwise, no $5.99.

Whoops! Just saw your price of $10.99 and the $5.99 is additional for shipping. Greedy! LOL
 
Posted by Upside on :
 
My cost basis is about $5.00 per shirt. I'll sell them to members of the "merry men" at cost. You want the duck noise on the front or back?
 
Posted by Ric on :
 
After it is revoked, I am going to print up ones that say.

We won!

CMKX will be back

Because even after they are revoked the koolaid drinkers will come up with some master theory that this was all planned and UC will rise up and bring us to the promise land.

I'll sale mine for $25.00 plus $5 S/H with the promise of donating $5 to Frizzle to fight for our right to be reinstated. I bet I will Make a dump truck load of money.
 
Posted by legaleagle on :
 
quote:
Originally posted by Upside:
Posted by ed19363:
quote:
The theory is that if CMKX is revoked, they will roll the shares into a new company. They would use CIM, but that symbol is already taken. So they will have to come up with a new one. I've already suggested PUKE. I see some problems doing it, though, since basically it's illegal. But that hasnt stopped anyone so far. Plus the problem of finding enough nitwits to go through all this again.
Do you suppose that's even possible? If they're revoked, the judge isn't just revoking their symbol, she'll be revoking their corporation and management as a whole. Are people assuming she's saying "keep doing what you're doing guys, just call yourselves something else." Also last time I checked, any IPO's have to go through the SEC. Wonder how they'll feel about it.

So if CMKX is revoked, there's now 700-800 billion worthless shares out there. Let's say that Urban decides to start up another company. Do these people really believe that out of the goodness of his heart, he's going to start his new company and just give away new shares in the new company to everyone holding old CMKX stock? Brand spanking new company with an o/s of 800 billion? That is truly insane.

"Nitwits" will not be hard to find to follow the CIM (whatever) roll-up. All of the longs already have substantial shares tucked away in their portfolios.

Management is no problem. Do you think she will revoke IBM. Don't think so. And there is always Ron or Victor to take the helm with Urban's direction.

And of course it's still your assumption that CMKX will be revoked. As of now I am betting on an ordered time frame to file. But we will see. Chances are we will know where she is headed soon if she ignores the SEC's motion to strike. That is the poltically expedient thing for her to do at this point, not get mixed up in the "pi$$ing" contest.
 
Posted by legaleagle on :
 
Page 33 Lines 15-19 say


Murray: Now, is the Division willing to stipulate oralally that it appears that naked short selling has taken place place in this stock?

Hakala: No, Your Honor

Murray: You're Not?

Hakala: No, Your Honor

Murray: Okay. All Right. If that's where we are, thats where we are.
 
Posted by Upside on :
 
I don't think that she can issue a "file by x date or be revoked order". I remember reading where another company requested that and the judge legally couldn't do it. I believe it's either dismiss, suspend or revoke.
 
Posted by ed19363 on :
 
We gonna call this "Fruit rollup" or "Tootsie Rollup"??
 
Posted by Ric on :
 
They stated that in the SEC Brief. Thats why in the brief they made it clear that revocation should be the choice because if they did file later then they could always request for an appeal or reinstatement. But if you only suspend and they still didn't file then they would have to re-try the case all over again. It was there main point on why revocation was the better option.


quote:
Originally posted by Upside:
I don't think that she can issue a "file by x date or be revoked order". I remember reading where another company requested that and the judge legally couldn't do it. I believe it's either dismiss, suspend or revoke.


 
Posted by Ric on :
 
Page 14 of the hearing shot down Frizzles NSS statements. They weren't part of the hearing. New evidence will not be allowed. She said she wasn't allowed by law to recieve new evidence. No one could slip her an exhibit and she could only decide the case from the exhibits on record.
 
Posted by bill1352 on :
 
the judge brought up a recent case where a company was allowed 60 days to file & the SEC said ok. but they had proof of correct & complete records from the way it was said & they filed in 60 days...it never went to court. i'll say this Lee Webb posted completely correct info. i'm on page 136 & so far all he didn't post is filler & yacking about which exibit is which. might be a feww things he missed but nothing to change what meaning came from the testimony. ya think the cult will say i'm sorry...lol they have been bashing everything he posted saying he left all the good parts out....so far no good parts for the cult.
 
Posted by bill1352 on :
 
ok page 137...one of the ppl webb skipped, not sure why but he did. he talks about the volume increase in cmkx right after the form 15 was filed. it started in august of 2003. anyone that watch's stocks knows that unless there was news of getting a few billion in income a monster increase in volume means 1 thing & 1 thing only...DILUTION. isnt that about the time the pumper companies started too? the pro cmkx web sites??? green baron came in not long after that too i think. can you say PUMP & DUMP.
 
Posted by Upside on :
 
The only way they'll avoid a revocation is if the judge for some reason believes they are honestley trying to complete their financials she might order a suspension which would almost be the same as an extension. Granted they'd have to re-try the case if they didn't file during the suspension but it'd be a quick, slam dunk case. That's about the best they can hope for.


Disclaimer:
All of the above is IMO/IMHO (whichever you prefer), don't invest more than you can afford to lose, these are just opinions and I ask that you treat them as such, I have been compensated .10 for the above post (got a raise, sorry bill) by a paid bashing firm. If you respond to this post I will get an additional nickel per responce. Got CMKX?
 
Posted by Ric on :
 
Should I make up a new name and respond to you a couple hundred times to help out there, lol.

I am looking for someone to say they are mining bronze next. They found a truck load of it. CMKX has the only mine in the world were copper and tin melted together under the intense pressures of the last ice age to become the worlds first naturally occuring alloy.
 
Posted by bill1352 on :
 
well i'm up to lunch in this...pg. 209. so far the SEC has proven UC should have know there were over 300 shareholders beyond any resonable doubt. 697 cert holders & cede & co. much of the 697 had restricted shares it would seem at least many did. 1 poor soul got paid 10K restricted shares. at todays pps thats not even the sugar for a cup of coffee. they said no NS evidence & then backed it up by saying they could have brought evidence about some shady shares being dumped for cash that didn't look to end up in the company but since this hearing was about filing only they left that evidence at home. they did show how quickly volume changed after form 15. they have the stocklein accountant & the auditor that quit both saying they ask for but get no records. 1 said books are non-existant along with any other needed info. the standard cmkx response is "i have it somewhere, i'll get it for you." or "i'll see if i can find it"


i cant wait to see the cults reaction to this but i'll wait till i finish this thing...lol.
 
Posted by ed19363 on :
 
quote:
Originally posted by Ric:
Should I make up a new name and respond to you a couple hundred times to help out there, lol.

I am looking for someone to say they are mining bronze next. They found a truck load of it. CMKX has the only mine in the world were copper and tin melted together under the intense pressures of the last ice age to become the worlds first naturally occuring alloy.

No bronze, but there was a report of steel being found....
 
Posted by Ric on :
 
Stainless????
 
Posted by Wallace#1 on :
 
quote:
Originally posted by Upside:
My cost basis is about $5.00 per shirt. I'll sell them to members of the "merry men" at cost. You want the duck noise on the front or back?

I want the QUACKs on the front and the SCAM thing on the back. Would you like to be paid in CMKX shares? Or, how about "I'm working on paying you."?
 
Posted by bill1352 on :
 
well i finished it ands all i can say is...i thought cmkx would call some witnesses to speak in their favor? ya know somebody with something to say that would benifit their case. the first guy said he got everything from ecudor because cmkx owed him. the second couldn't remember anything other then UC wanted to report & was hinting he would at the party. the third didn't know anything but insisted he demanded everything be done by the book. of course he didn't know nobody had any records to do things by the book. the fourth sounded like she was afraid for her job. if she said anything to hurt cmkx she would get fired & still all she said was we need records & we haven't got them. 1 h**l of a defense there.
 
Posted by Ric on :
 
Do you remember Mr. Levines cross by Frizzle. For a minute there I thought he was the SEC attorney. He got him to say for the record that CMKX was a company his firm wouldn't want to represent and that he felt that UC taking the fifth was bad and made him repeat over and over that he never got records from the company.

Frizzle also at one point in his opening even had the Judge state when talking about the shareholders: The Judge

"Are people buying stock in this company knowing that the company's under investigation, that it hasn't filed, it's in violation of securities laws.

Doesn't that say a lot about what the Judge is thinking?
 
Posted by Ric on :
 
Frizzle is asking for another $25.00 and a new group agreement to continue working on the case. LOL

FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
(903)595-1921
E-Mail jmartin@cmkxownersgroup.com


To the Owners Group members:
From: John Martin


First I would like to thank each and every one of you who have helped
support this movement. There is no doubt in my mind that without your help
our company may have already been revoked, and no one would have known any
better. Because of you all, the world knows more about naked shorting, and
they know about our plight as CMKX shareholders.

I know it was very scary at first with an attorney jumping into the scene
because, unfortunately, there are bad apples in every profession, and also
unfortunately most of us have either dealt with one or have heard bad
things.

I also understand how difficult it was with some stranger jumping in and
hiring the attorney. How dare he! Who does he think he is? I agree, I would
have thought the same thing. I commend each and every one of you though for
looking past your fears, and giving Bill a chance. You now have seen what I
knew, and that is, that Bill is an incredible attorney who cares about his
clients. He is also the type of attorney that will jump in with both feet
for someone. He took a very big chance in this case for me, for us. He put
his 27 year law practice on the line, virtually shutting everything down so
he could work on this case. I think you all agree with me that he has done
an incredible job for us, his clients.

I have asked Bill if he would consider continuing to work for the group. His
response to me was that he would be honored to work for us if we so desired.
I immediately went to some of the most respected posters on the boards and
asked their opinions as to whether they felt the OG would like for Bill to
continue with Phase 2, and if so, how did they think Bill should word his
agreement with everyone? Every one of them stated to me essentially the same
thing. John, as long as Bill is not going to involve us in a class action
law suit, we trust that he is going to do everything he can to protect our
interests, we feel he should have the liberty to do what he thinks he needs
to do.

It is important to know that Bill is very sensitive to the issue of giving
his clients something for their money. I have asked him to make another
agreement and for him to put in there the few items that he wanted to
stipulate he was going to do for the fee of 25.00 per person. The only thing
he requested of me was to make sure that everyone understands that if he has
to litigate with any entities other than with the SEC over the FOIA, (which
he would like to do right away) he will need to ask for more funds. (as you
know, Bill does not like litigation because it is expensive and time
consuming, so he will come to the shareholders first before instigating
anything of this sort).

I also want everyone to know that Bill does not consider the Phase 1
agreement to be over until the Judge makes her ruling. Bill is going to
continue updating the group, and doing everything he needs to do to continue
protecting us. He is just having to go way beyond the Phase 1 activities
now, and needs to secure the agreement with all of us for the new and
upcoming work.


There have been several hundred sign ups over the last few weeks, as well as
folks that have been donating more funds. I want to be fair to all of you
and make sure that your dollars go toward the new agreement. If you have
signed up since June 1st or donated funds since the same date, please note
this on your agreement when you fill it out and we will cross check your
info with what has come in since June 1 and include you in the new group.

I know there are going to be new members joining our family, and
unfortunately there will be those who do not wish to continue with us. For
this reason I have asked the IT GUY to make a new data base for all who sign
the new agreement. This time we will not need your information pertaining to
your holdings, but we would like your address and phone numbers. There were
several instances in which we needed a phone number over the past few months
and were not able to contact a shareholder. Do not feel you have to supply
this information if you would prefer not to..

I realize that most of you know and appreciate all that has been done by
Bill to keep our company from being revoked. I have heard concerns from many
that know that the $25 fee probably was barely enough to pay the expenses,
and they are right.

However, I would like to talk for a second to those of you (and it is only a
few) who are going to object to my asking for everyone to chip in again. I
may as well head off the arguments right up front. I have been asked many
times to post the accounting of expenses and have decided to handle it in
this manner.

Only 4223 of the 5582 have sent in their monies from the first agreement.
Bill has not brought in 140k as is being posted.

The Law Firm has transferred all new business to other attorneys. Bill took
on no new accounts, and finished the ones he was on quickly so he could
spend 100% of his time on the Owners Group. Bill has spent probably 80 hours
per week on this case. I know because I was there most of the time. If Bill
had even come close to billing us his normal rate, he would have burned up
the cash over a month ago.

Instead, he bought the equipment he needed, hired the people he needed,
(Maintained 19 people at one time for 72 hours straight just before the
hearing) he bought the stamps and paper and envelopes needed for the mail
out, travel on two trips, the phone bill was over $1200 per month, the
electric bill was more than double, the new server upgrade, the web page was
designed and built, and on and on and on. I doubt that Bill did anything but
keep his doors open at most.


Most of all, I would like you all to know that I think this group is one of
the most powerful forces in our market. We have accomplished more in a few
months than anyone ever expected. Yes Bill is a good attorney, but the
reason he is so good is because you all have rallied around him.

The power of the group comes across in his documents and his actions. You
all are the reason for our success and it is extremely important we
continue to grow stronger and larger. We can accomplish far more than we
have already, and I know we will.


The Phase 2 agreement will be up on the Owners Group site after lunch
central time tomorrow (WED 22nd) at www.cmkxownersgroup.com


Thank you again for all your support and help.
 
Posted by Ric on :
 
Shoot if I knew that this would be this simple to take peoples money I would have got my brother in law to do this. LOL

Looks like frizzle found a way to get his investment back.

I like the comment on, well not all the 5500 paid the $25. ONLY 4223 did so he only got $105,500 for his services not 140,000 as posted on internet. But all those people on pro board are standing in line to pay him again.
 
Posted by ed19363 on :
 
My $25 will go where the first $25 went. Into paying my bills. This Frizz guy is an exercise in futility.
P.T. Barnum was right: A sucker is born every minute. This accounts for 4223 minutes anyway.
 
Posted by bill1352 on :
 
well if you take in account lawyer fee's i think frizzy did not get over paid. it was worth a shot for the cult. but just like stocklein frizzy had nothing left to work with. UC left cmkx is such a hole there wasn't enough ladder to get out. its over now, no NS will be considered after july 15th. it would be nice to see the trade records for 2 reasons, first to see the final total of shares in the market & second maybe there is a clue to UC's dumping of shares. maybe he can be caught & brought to justice.
 
Posted by Doctoall on :
 
Maybe the cult should ask Urban et al to give a few bucks for the cause as it would appear that getting a dismissal would help Urban more than the shareholders [Big Grin]
 
Posted by Wallace#1 on :
 
FORK IT OVER CULT MEMBERS, FAITHFUL AND OG MEMBERS!!! JUST ANOTHER $25 out of your pockets!
What did you get from Frizzy? No more than you should have received from Stoecklein without paying any initial $25. You got a hell of a lot more information from Webb!

Exactly how many of you were contacted about the additional $25? Zen, Green Baraon, Dr.Dementia a couple over on the CT faithful forum, and that's it? And you let those people say, "Yeah, pump us for more of our hard earned dollars!"?

Was anyone ever told the $25 they paid was just for "Phase 1"? That there was or might be a "Phase 2"? That is very typical of lawyers. Get you hooked and keep getting you to dig into your pockets with very few results, if any. When do you start paying for Phases 3, 4, 5, etc.?

This bunch is a damn joke and using those few avid cult members to drag others into kicking up more money.

I would give you all a LMAO, but that request for more money is not funny. It is outrageous and very, very sad. Haven't many of you lost enough money already?

If you pay another $25, you most certainly deserve everything you have had up to now and everything you will get in the future. GOOD LUCK!!!
 
Posted by stockster5 on :
 
Man... this is all so surreal. If it wasn't for the sec.gov website with cmkx/cmkm listed there, I would of thought this was a movie in the making.
Although, I haven't found the running briefs under the litigation menu. It's hard to imagine that 4330 people would send off ANY money to an unknown lawyer. But then again, I send off money to my broker gambling on a micro-penny bottom feeder. But not CMKX. If people want to check on a sub-center.. look at the sec.gov site under litigation. People are still trading all those that are under investigation. wooo
GLTA S5
 
Posted by ed19363 on :
 
Just like a lawyer. Take all you can get and ask for more. Damn ambulance chasers.
 
Posted by Wallace#1 on :
 
One other thing.

That request by Stoecklein also stated that selected OG members said "no class action suit". What that means, is that if it is determined that whatever is decided is due to the fault of CMKX, UC et al, you get nothing out of it. It also means that if your losses are due to a NSS condition, you still get nothing out of it.

Either way, for a class action suit to be carried out, more money will have to be paid out to lawyers, etc. End result - the lawyers get the money and shareholders get almost zilch!

The obvious question then is, "What the hell are you paying Frizzy for?"

[ June 22, 2005, 10:39: Message edited by: Wallace#1 ]
 
Posted by will on :
 
LOL !!!

The guy has done nothing. Whoever wrote the petition for another $25 sure did glorify the attorney's efforts. He has kept CMKX from already being revoked. What a claim !

Told ya, there was more coming, and after they take this bait, there will be more. Simply amazing.

...and you guys don't think what noah and his ilk are doing is wrong. The upper echelon of the pumpers you accept as wrong and bad people, but the duped soldiers you befriend. Well, imo, they are just as bad, if not not worse then the Dr. D's, and Willy Wanker's of this pigslop. Akin to the Nazi officers saying, "I was just following orders".

Ring all the money you can from the foolish unsuspecting slobs you initially suckered into this.
 
Posted by Doctoall on :
 
It's time to belly up to the bar, take a harsh shot of "CMKX SCAM JUICE" and realize that your investment is gone and move on. Some lost big and some will loose less like me only $500.00 but in any case we have "lost" and that's for sure.

"CMKX SCAM JUICE" first round on me [Big Grin] should only be 0.0001 per shot, I am sure that I can afford that.
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
FORK IT OVER CULT MEMBERS, FAITHFUL AND OG MEMBERS!!! JUST ANOTHER $25 out of your pockets!
What did you get from Frizzy? No more than you should have received from Stoecklein without paying any initial $25. You got a hell of a lot more information from Webb!

Exactly how many of you were contacted about the additional $25? Zen, Green Baraon, Dr.Dementia a couple over on the CT faithful forum, and that's it? And you let those people say, "Yeah, pump us for more of our hard earned dollars!"?

Was anyone ever told the $25 they paid was just for "Phase 1"? That there was or might be a "Phase 2"? That is very typical of lawyers. Get you hooked and keep getting you to dig into your pockets with very few results, if any. When do you start paying for Phases 3, 4, 5, etc.?

This bunch is a damn joke and using those few avid cult members to drag others into kicking up more money.

I would give you all a LMAO, but that request for more money is not funny. It is outrageous and very, very sad. Haven't many of you lost enough money already?

If you pay another $25, you most certainly deserve everything you have had up to now and everything you will get in the future. GOOD LUCK!!!

What did we get from Frizzell? Onlt the proof of the Naked Shorting, (and growing everyday), a dedicated jurist, a court demeanor and style and that was more probing and effective than Stoecklein's, an attorney who spent Father's Day in his office finishing the response instead of what he would have rather been doing...spending time with his family.

Were we told that our $25 was for Phase 1? Absolutely. The terms of the employment contract were spelled out to be limited to representation at the hearing, only.

The first $25 was the best money I have spent for legal representation, ever. And his plans for the future are worth even more.

I understand your hatred for everything CMKX, ignorance causes things like that, but this post of yours, attacks the shareholders and the only person who has done anything official to get to the truth.

Your intentions become clear then, that you do not want the truth to surface, and you will go to any length to attack anything that might reveal it.

Bill has proven the naked short to 134 billion and there is a stack of shareholder statements on their desk that is over two feet high, still being recorded, and more coming in constantly.

I realize that anyone who seeks the truth is a threat to your rantings here, Wallace, but to the "reasonable", they realize that Bill Frizzell is the best thing that has happened to this stock and it's shareholders. And we will go on in support of his efforts.
 
Posted by legaleagle on :
 
quote:
Originally posted by will:
LOL !!!

The guy has done nothing. Whoever wrote the petition for another $25 sure did glorify the attorney's efforts. He has kept CMKX from already being revoked. What a claim !

Told ya, there was more coming, and after they take this bait, there will be more. Simply amazing.

...and you guys don't think what noah and his ilk are doing is wrong. The upper echelon of the pumpers you accept as wrong and bad people, but the duped soldiers you befriend. Well, imo, they are just as bad, if not not worse then the Dr. D's, and Willy Wanker's of this pigslop. Akin to the Nazi officers saying, "I was just following orders".

Ring all the money you can from the foolish unsuspecting slobs you initially suckered into this.

And will comes out of hiding with another intelligent and well presented post.
 
Posted by legaleagle on :
 
E-MAIL FROM ANDY


Opti-MISS-tic
Diamond Hunter

member is offline


Nothing but the best




Joined: Oct 2004
Gender: Female
Posts: 38
Location: Suburban Washington, DC
ANDY'S COMMENTS ON NSS
Thread Started on Today at 10:05am

--------------------------------------------------------------------------------
NOTE THE FIRST SENTENCE: "PRIOR TO MID JULY"!


Hi xxxxxxx

During the Hearing and also via our recent brief, CMKX indicated considerable time, money and effort is being spent currently to get as far along in the reporting and compliance as possible prior to mid July. This is the KEY issue and everything else, including the question of excess shares in the market place is secondary. Additionally, the operational side of the company continues to be very active. Mr. Jarvis and Mr. MacLean were two very significant additions to the FALC project team and the Yellow River grand opening was a very important achievement for CMKX and the JV's.

CMKX is the company embroiled in the SEC dispute, therefore considerable prudence is required in anything the company may say publicly. This is precisely, as I have indicated before, why Stoecklein is ensuring Management does not issue any promotional PR's at the present time. This is the time to keep one's head and not make any knee jerk reactions. Contingencies are being thought through and if required I am confident the CMKX Team will decide the most prudent course of action. Any decisions made will and should remain confidential and internal to the company until the TEAM decides to say anything in a public manner via official PR's and Filings to shareholders.

As for the concern that CMKX is not taking an active enough role in the NSS issue, I would ask if shareholders have been privy to internal and confidential meetings and discussion by CMKX management and the advisory team? The answer is no. Just because activity is not visible does not mean it is not taking place. Mr. Stoecklein has done an excellent job as the point man, however I currently see Mr. Frizzell getting all the accolades from shareholders. There is no disputing the excellent work Frizzell has done on behalf of the shareholders group, however, Mr. Stoecklein, Mr. Maheu and Mr. Casavant must look at the bigger picture of protecting CMKX and ALL SHAREHOLDERS. Far be it from me to try and out think Stoecklein and TEAM. Shareholders quick to say this or that should be done, need to keep this in mind as they offer their own opinions on how the CMKX TEAM should be proceeding and acting. It is so easy to be critical when we are not the ones with the responsibility to act.

I have never seen anything to indicate Judge Murray has demanded 100% reporting and compliance by the time she renders her decision. All we can expect is that everyone on the CMKX team, work as hard as they can every day in the hours available to be as far along in the process as possible. CMKX via Stoecklein may submit information to both the SEC and Judge which may not be made immediately public. Again, it is important for shareholders to not assume things simply because it is not yet visible.

As for the rumors, you know my IR stance on that.

Have an awesome day, and as it is the first day of summer I offer this:

"KEEP THE FAITH AND ENJOY YOUR SUMMER"

Andy

[ June 22, 2005, 11:49: Message edited by: legaleagle ]
 
Posted by legaleagle on :
 
gusjarvis
God of Diamonds

member is offline




Joined: Nov 2004
Gender: Male
Posts: 1,078
Location: British Columbia
in the time we should be happiest most are worried
Thread Started on Today at 10:10am

--------------------------------------------------------------------------------
the best part of the whole situation is they can't scare us into selling, no one would sell at this price. The SEC has stopped us from promoting and releasing information, drafts of the books are done, the Jarvis report (nice name I would trust him) says we have great land up north, we have a shareholder lawyer and crazy azz shareholders that have made if very clear that this isn't going away, we have an SEC that is clearly not showing they are following their own mandate, we have a proven naked short now lets see what trouble that causes.

It is getting rediculous to say the least, we will get the financials done. And despite what the SEC says, and I would say they have buried themselves, they do not want us to complete our financials, that is what is totally ironic about this whole situation. They are trying to revoke us for not producing the financials that if produced will kill them. In my opinion we are working together and have been for awhile. The posturing by bothsides is laughable and entertaining, but the real work is done behind the scenes.

Frizzell has proved we are hugely short and this judge is in a tight spot. She is smart and it is very very clear the SEC's motives in this case and she has to take that into consideration. The naked short is not going away and will be dealt with, and we are on our way to getting our financials done already and will get a time frame to finish them by the judge in my opinion. Don't let all the craziness cloud you because it is actually really simple, we have a huge proven short and amazing land and no judge or SEC is going to screw us over period, and if they try we can let the damage the dividends can cause loose.


This whole fiasco has clearly shown that shareholders mean nothing in a system where they are suppose to mean everything.
 
Posted by Upside on :
 
quote:
This whole fiasco has clearly shown that shareholders mean nothing in a system where they are suppose to mean everything.
This is about the only line in that ramble that I agree with.
 
Posted by bill1352 on :
 
legal the 2 above re-posts prove 1 thing...there were paid pumpers used to first sell stock & second to keep ppl from going after UC.


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

The SEC has stopped us from promoting and releasing information, drafts of the books are done, the Jarvis report (nice name I would trust him) says we have great land up north


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


bullchit not even good bullchit. unless a draft was finished since court there is zero drafts done & there is no way for this clown to know. the testimony said they had 1 template used in every 10K & they were trying to plug cmkx into it. when asked if any was finished the answer was NO. the jarvis report said nothing good only that 16 points needed further looks & he stated some may not be kimberlite. there is no published order from the SEC telling cmkx to shut up....none. in fact there is 1 from a few months ago stating the SEC never said anything like that.


the IT guy had the volume charts, didn't the time line wake you up? volume started 3 weeks after the form 15 thus UC didn't have to, in his PLAN, say anything. the main pumpers also started shortly after the form 15. its called pump & dump. look it up on the SEC web site. you can plug cmkx into every example & it fits perfectly, history wize. they didn't even have the sense to get cmkx insiders out of it. they had desomeua do the paying for pumpers thru his company.
 
Posted by Ric on :
 
Plus the Judge made it clear that there would be no new evidence entered after the hearing. So it wouldn't hurt now to issue a PR. It couldn't be used against CMKX even if it was a complete BS. Unless UC is worried about being prosecuted soon for stealing all the money from CMKX to go racing and playing the slots were he seems to meet his new business partners. I guess thats a tax write.
 
Posted by bill1352 on :
 
bombers73
Diamondologist

member is offline




Joined: Aug 2004
Posts: 261
Bought 9 million at .00008
Thread Started on Today at 11:42am

--------------------------------------------------------------------------------
At least it is going up



the next post said he was glad not to be the only 1 still buying. he bought 30 million yesterday. is there even a word that can come close to describing how down right stupid that is?
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
bombers73
Diamondologist

member is offline




Joined: Aug 2004
Posts: 261
Bought 9 million at .00008
Thread Started on Today at 11:42am

--------------------------------------------------------------------------------
At least it is going up



the next post said he was glad not to be the only 1 still buying. he bought 30 million yesterday. is there even a word that can come close to describing how down right stupid that is?

Yes bill, seems like the whole world has become stupid as a billion shares a day are still trading on this poor stock. Perhaps if you keep plugging along the rest of the world will adopt your wisdom.
 
Posted by Upside on :
 
quote:
Perhaps if you keep plugging along the rest of the world will adopt your wisdom.
Doubtful, but maybe. One can only hope.
 
Posted by bill1352 on :
 
did you read the transcript legal? this was posted by your lawyer. solid proof UC should have known there were over 300 shareholders. 697 ppl were named, not in cede. solid proof nobody could get any of the needed financials not even stocklein. proof the UC knew about the SEC questions around that form 15, h**l even roger glenn knew but nobody told stocklein. they just bought more jade in december for gods sakes but nobody knows anything other then $60 million worth of a precsious metal was bought. right after the SEC started asking questions i might add. mahoo didn't know the accountants were not getting needed materials to file, he thought they had everything. heck the SEC said they didn't even bring the stuff to prove huge numbers of shares were sold & the cash pulled out. cmkx is 22 days away from being revoked & you think its ok to still be buying stock??? a smart move??? not so d**m stupid words fail to describe it????
 
Posted by Ric on :
 
There is no disease that spreads faster then stupidity.
 
Posted by legaleagle on :
 
IMO, they knew. Just weren't sharing with the SEC and other "enemies".
 
Posted by bill1352 on :
 
ok legal, i guess it might be true...a lawyer will say anything they can get away with to win. since those letters didn't go to them its possible. but does that change any of the rest of the outcome from the trial??? does it change the filing of that form 15??? why buy $60 million of precsious gems right after you hear the SEC is questioning you about a form that was wrong? & thats was december yet the only paper work is that the money went out or shares equaling that money. so even as late as december when filing was what UC was supposed to be working on the needed financial could not be found, 4 months later. not even the first buy has any proof it was canceled just a pr from UC. gems are a great way to hide money, a safety deposit box somewhere under any name. i'd say the 1 not wanting to give away their whole hand is the SEC. they gave the judge just enough questionable deals, the 2 prescious gem deals, that had no back-up paperwork or any idea where they went or what happened. they hinted at evidence about questionable trades, they showed what happened to volume right after the form 15 went out. this thing reads like 1 of those Fox Network shows about finding bad guys. when they describe the crime & how it was commited.
 
Posted by Upside on :
 
The SEC's primary mission is to protect the investor. CMKX is still trading around a billion a day. I'd say that right there is reason for revocation. You know, the other day I saw my first person that was actually wearing a "Got CMKX?" shirt in public. I don't mean to judge a book by its cover here but this guy could have been a poster child for revocation. Obviously down on his luck at minimum, walking into a dilapidated old apartment building, carrying a case of beer and proudly wearing his CMKX tee.
 
Posted by legaleagle on :
 
NEVADA SOS SAYS MAHEU NOW DIRECTOR OF CMKX

http://tinyurl.com/4dpja
 
Posted by Ric on :
 
Up, what do you expect. Where did they promote there sale of shares at? Being a hotel GM in a town that has a Nascar and a Drag Race track, I can tell you. There is a big difference in who goes to what race. I guess there would have to be it cost $675.00 plus tax to stay at a hotel for 3 nights at a Nascar race. It cost $75 a night for the NHRA and we alowed them to setup there portable barbeque grill in the parking lots. The Drag group would pull there chairs out of the room and set out side drinking there beers and whooping it up till early morning. The Nascar people drove up in BMW's and Audi's. The Drag race people drove up in pick up trucks with gun racks in the back.
 
Posted by ed19363 on :
 
All of the above notwithstanding, what part of "NSS evidence will not be allowed as part of my findings" from the judge, does the cult not understand?
Proving NSS has accomplished absolutely nothing in reference to CMKX guilty or not guilty of not filing.
The cult has once again focused on the forest and cant see the trees.
 
Posted by ed19363 on :
 
Gee, Ric, you're not suggesting that the drag race people might be rednecks, are you? ROFLMAO
 
Posted by Upside on :
 
Posted by Ric:
quote:
The Nascar people drove up in BMW's and Audi's. The Drag race people drove up in pick up trucks with gun racks in the back.
LOL!
 
Posted by ed19363 on :
 
Gee, Ric, you're not suggesting that the drag race people might be rednecks, are you? ROFLMAO
 
Posted by Ric on :
 
You know what Frizzle isn't taking acount in his numbers is the fact that this has been going on for two months now. What if someone that sent there numbers in April sold to some one that sent there numbers in today. He talks about taking care of duplicates but there is no way he can tell if someone sells part r all there shares unless they refax that to him. Without a freeze which will happen once revoked then you will never know for sure if your numbers are 100% correct.
 
Posted by legaleagle on :
 
quote:
Originally posted by legaleagle:
NEVADA SOS SAYS MAHEU NOW DIRECTOR OF CMKX

http://tinyurl.com/4dpja

AND A NEW OFFICE ADDRESS
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
You know what Frizzle isn't taking acount in his numbers is the fact that this has been going on for two months now. What if someone that sent there numbers in April sold to some one that sent there numbers in today. He talks about taking care of duplicates but there is no way he can tell if someone sells part r all there shares unless they refax that to him. Without a freeze which will happen once revoked then you will never know for sure if your numbers are 100% correct.

HE ASKED EVERYONE TO SEND IN THEIR APRIL 05 STATEMENT, BUT NICE TRY AT DISCREDITATION.
 
Posted by bill1352 on :
 
and thats the most criminal part of this Ric...UC went after the low income folks..he played on the fact he was a working stiff like most of us. ppl that live paycheck to paycheck in most cases with a little away for a rainy day. sat at the races saying i want ppl to pull out $50K when they need it...never said that chit in prs where laws rule. had internet pumpers spouting huge dreams. after reading that transcript i'm convinced more then ever this guy is scum. i'm convinced he had ppl in stock threads keeping ppl going. i would be suprized if a few of the boards were not started by someone connected to him. not sure if they can but i'll bet that after cmkx is revoked the SEC trys to go after him.
 
Posted by Ric on :
 
Mahue was listed as Director in the first 8-K filed this year. Of course he would have to be if he is an officer of a reporting company. It just took them that long to update Navada.

quote:
Originally posted by legaleagle:
quote:
Originally posted by legaleagle:
NEVADA SOS SAYS MAHEU NOW DIRECTOR OF CMKX

http://tinyurl.com/4dpja

AND A NEW OFFICE ADDRESS

 
Posted by Ric on :
 
And the new address is that of the Securities Law institute.

SECURITIES LAW INSTITUTE Address 1: 770 E. WARM SPRINGS ROAD
Address 2: SUITE 250 City: LAS VEGAS
State: NV Zip: 89119
Phone:
 
Posted by ed19363 on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by legaleagle:
NEVADA SOS SAYS MAHEU NOW DIRECTOR OF CMKX

http://tinyurl.com/4dpja

AND A NEW OFFICE ADDRESS
Another speed shop???
 
Posted by Upside on :
 
Well, they're moving up in the world. They went from a hot rod shop, to Urbans house and here is their new listing:

PAYMON'S MEDITERRANEAN CAFE & HOOKAH LOUNGE
8380 W SAHARA AVE LAS VEGAS, NV 89117
(702) 731-6030
 
Posted by Ric on :
 
Sorry looked at wrong address lol. Thats were they probably should have listed it, lol
 
Posted by Upside on :
 
Ummm, Bill, wasn't it you many months ago who proposed the opium den theory? Isn't a Hookah Lounge the same thing?
 
Posted by Ric on :
 
Hey a meeting an dinner at the same time. Tell the waiter to hold my calls please.
 
Posted by Upside on :
 
http://www.paymons.com/med_main.html
 
Posted by bill1352 on :
 
ya but that den was in the back woods of canada...but then with all the shareholder money they could afford a better dope den...lol
 
Posted by bill1352 on :
 
from map point that looks like more of a strip mall addy...the sahara point addy...the resident agent isnt the company addy.
 
Posted by bill1352 on :
 
wanna bet there's a tanning salon next to the hooka lounge & cmkx...probably a dollar store too. but then its the closest cmkx will ever be to a dollar.
 
Posted by Upside on :
 
A hooka lounge, a tanning salon, a dollar store, and an international diamond conglomerate. Sounds like a good mix.
 
Posted by Upside on :
 
Pretty close to a tanning salon Bill. Maybe Urbans wife goes here after writing out the companys checks:

Slender Lady
8380 W Sahara Ave
Las Vegas, NV
(702) 227-5239
 
Posted by legaleagle on :
 
Y'all notice that there are suite numbers?
 
Posted by Ric on :
 
We know Legal, Just having a little fun with it. I assume that they rented a small closet so they can say they have a office now. It's in some sort of mini mall with Resturants and a diet shop and also found a learning center in it. Its a slow day. Just run with it. Smile a little bit.
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
Mahue was listed as Director in the first 8-K filed this year. Of course he would have to be if he is an officer of a reporting company. It just took them that long to update Navada.

quote:
Originally posted by legaleagle:
quote:
Originally posted by legaleagle:
NEVADA SOS SAYS MAHEU NOW DIRECTOR OF CMKX

http://tinyurl.com/4dpja

AND A NEW OFFICE ADDRESS

Ric, Maheu was named as co-chairman of the BOD. This appointment as Director is new and indicates a more operational role in the company.
 
Posted by Ric on :
 
Or less role by UC. If CMKX wanted to really look like it was going legit then it would boot UC out the door.
 
Posted by bill1352 on :
 
boy if i'm mahoo i'd be thrilled...i get to be co-chair for 22 more days & at $40K a month. $480K a yr & 2 months after getting hired he doesn't know squat except that he has told everyone it will be done by the book & this from a company with zero income. tell ya what, i'll move to vegas & i'll even learn whats going on for 50% of that. i may not be famous but my crews know its done right, done when i say it is & i know every inch of everything happening. i even quote the projects & invoice the projects. & every customer knows i do what i say & i never bullchit them on big things. (can't be 100% open in business)
 
Posted by Ric on :
 
Legal, even if you don't want to believe that CMKXis a scam, you have to admit UC did not do a good job at running the company. With his own words he said that he had no experience running a public company and that he let others mis manage the company. Thats not how a good CEO and leader runs a company. They know whats going on at all times. And with the sales of at least 407 Billion shares in CEDE. Not sure about the other part even at an avg. of .0002 since a lot was sold at .0007-9 the company made 81 Million dollars just from the sells of shares. And no telling what they got from the other 300 billion. And thats a very generous guess of 81 Million. I think he made a lot more off the investors.

The company needs real management and maybe the cult will see that. But not sure how the shares will hold up after it is revoked. Because you should still own a part of a private company. But once revoked it is real easy to stick it to you but we will see. A new CEO you could trust would help alot.
 
Posted by legaleagle on :
 
JJSeabrook


Joined: Aug 2004
Gender: Male
Posts: 6,382
Location: Texas
Re: NEV SECY OF STATE SAYS MAHEU NOW DIRECTOR
Reply #23 on Today at 4:38pm

--------------------------------------------------------------------------------
As far as I'm concerned, the TRUE business address is 1,400,000 acres, Saskachewan, Canada.

JJ
 
Posted by Ric on :
 
Theres another real big clue, like bill said the accountant testified that there was no revenue for the company and it was in debt. But yet we know they sold shares because there are legit shares in CEDE. So were is the revenue from that???? Was Canada right? Did UC not issue shares to sell on the market or did he give shares to himself and family and friends. Then they sold the shares on the market so the money goes directly into his bank account and not the companies. the excuse will probably be to pay his salary and pay for the claims he brought in. But guess what, we never seen any financial to see were the money and shares went. The money should have been going back into the company to drill and discover. You know be a mining company.
 
Posted by Ric on :
 
What does it matter if you spent all the money at the race track and the slot machines. You can have the mineral rights to the whole country of Canada but if you don't have no money to explore it with then its worthless. And since he already raised the A/S to its limit then theres no way to sell more share to raise capital to do it with either. I guess they could have done a reverse split and started all over again if they weren't getting revoked.


quote:
Originally posted by legaleagle:
JJSeabrook


Joined: Aug 2004
Gender: Male
Posts: 6,382
Location: Texas
Re: NEV SECY OF STATE SAYS MAHEU NOW DIRECTOR
Reply #23 on Today at 4:38pm

--------------------------------------------------------------------------------
As far as I'm concerned, the TRUE business address is 1,400,000 acres, Saskachewan, Canada.

JJ


 
Posted by ed19363 on :
 
quote:
Originally posted by legaleagle:
JJSeabrook


Joined: Aug 2004
Gender: Male
Posts: 6,382
Location: Texas
Re: NEV SECY OF STATE SAYS MAHEU NOW DIRECTOR
Reply #23 on Today at 4:38pm

--------------------------------------------------------------------------------
As far as I'm concerned, the TRUE business address is 1,400,000 acres, Saskachewan, Canada.

JJ

Try having mail delivered at that address....LOL
 
Posted by bill1352 on :
 
ric, hakala said they had evidence of shares being sold & the money not making it to the company in her opening remarks but since this case was about filing she didn't bring it.
 
Posted by bill1352 on :
 
seriously guys...we need to DD a few other scam companies to move to in about 25 days..lol 22 its revoked and a few days to see how it sinks in. the "merry men" as legal nicknamed us can't break up, we make a good bashing team...maybe we can find 1 that legal thinks is a scam too...lol
 
Posted by Ric on :
 
Well, we don't have anyone on this board that is crazy enough to think PRRM was legit or we could do that one, lol
 
Posted by Upside on :
 
PRRM would be good, I was leaning towards CNES but I'm open for any suggestions.
 
Posted by Ric on :
 
Legal won't give up the ghost though. Once revoked it will the conspiracy and how that UC planned this all alone to get shorty. How they will file and get reinstated or how the CIM divy's will make then rich. They were talking about a merger on the other board this morning. Most of this isn't possible but this koolaide was real strong and it will take awhile for it to wear off. Years for some until the broker finally takes the shares out of there account.
 
Posted by Upside on :
 
Maybe we could get into the de-programming business after this is revoked. We could franchise out "CMKX centers" all over the country.
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
Theres another real big clue, like bill said the accountant testified that there was no revenue for the company and it was in debt. But yet we know they sold shares because there are legit shares in CEDE. So were is the revenue from that???? Was Canada right? Did UC not issue shares to sell on the market or did he give shares to himself and family and friends. Then they sold the shares on the market so the money goes directly into his bank account and not the companies. the excuse will probably be to pay his salary and pay for the claims he brought in. But guess what, we never seen any financial to see were the money and shares went. The money should have been going back into the company to drill and discover. You know be a mining company.

They may have not reported any income yet, but we know that revenue is coming in from Ecuador. But I have to really question how you know there are "legit shares" in CEDE.

I am sure there are plenty of funds available from the sale of shares, we just don't know where they are yet. Have you calculated the cost of buying and maintaing 1.5 - 2 million acres in Sask?

How much has gone into diamond exploration business? We don't know. Nor are we going to until the time is right. Regardless of how much that may gall you personally, they will report when other business has been taken care of. And that will likely be after revocation takes out the Premerger Syndicate that attempted to take us over. And maybe even after the Appeal of the revocation allows Urban to finally identify those people.
 
Posted by ed19363 on :
 
I am sure there are plenty of funds available from the sale of shares, we just don't know where they are yet. Have you calculated the cost of buying and maintaing 1.5 - 2 million acres in Sask?

One mo time: CMKX DOES NOT OWN THE LAND !!!
Only the mineral rights, which costs in upkeep.....oh lets say....ZILCH !!!!!
 
Posted by Ric on :
 
Revenue was disclosed by accountant at hearing what little books they could come up with and reconstruct. Also UC is the one that said there was 407 B in CEDE. But of course your right he could have lied about that to cover up where he sold all the shares.

They made the Equador revenue clear in the hearing. Where was you. They said the 45-60K that was made there last year was put back into the company to buy air compressors and equipment to get the mines safe. It was then disclosed that CMKX ran up a debt of another 180K and Nevada Minerals was close to forclosing on UC when they came to a agreement for Nevada to keep the gold revenues this year until it was paid off then in December a 2 million dollar note will be due and then this will start al over again and Nevada Minerals may still foreclose. Where have you been.

Revenue from Ecuador, now thats funny.
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
I am sure there are plenty of funds available from the sale of shares, we just don't know where they are yet. Have you calculated the cost of buying and maintaing 1.5 - 2 million acres in Sask?

One mo time: CMKX DOES NOT OWN THE LAND !!!
Only the mineral rights, which costs in upkeep.....oh lets say....ZILCH !!!!!

They have to be renewed, ed.
 
Posted by legaleagle on :
 
You guys are running out of new material. Here take this one and run with it. The new address is a PO Box at "Goin Postal" appropriately named for CMKX. LOL
 
Posted by imakmony2005 on :
 
looks like MLON.......
 
Posted by Ric on :
 
Mario was an only an apprentice when compared to Urban.....

There would be no way Mario could have pulled off 703 billion in dilution and got away with it.
 
Posted by Ric on :
 
UC's next big score will be a best seller book on how to scam 59,000 people and make them think someone else did it.
 
Posted by Wallace#1 on :
 
Legal, I will deal with your above post as you have written it, leaving your personal attacks to the end and adddress them as rudely as you demonstrated in that post. Even though I consider the source, dont think you will get away with your swill without a response!

L: "What did we get from Frizzell? Onlt the proof of the Naked Shorting, (and growing everyday), a dedicated jurist, a court demeanor and style and that was more probing and effective than Stoecklein's, an attorney who spent Father's Day in his office finishing the response instead of what he would have rather been doing...spending time with his family."

W: Frizzy has given you nothing to say that NSS is the cause of CMKX's problems, including the current pps. You all paid $25 for court demeanor and style? Michael Jackson showed more court demeanor and style than Frizzy! Stoecklein spent time in the office to do they job he is being paid to do.....it's that simple. Had he organized his time more effectively, maybe he would not have had to be in the office on Fathers' Day. Should we feel sorry for him? Absolutely NOT!!!

L: "Were we told that our $25 was for Phase 1? Absolutely. The terms of the employment contract were spelled out to be limited to representation at the hearing, only."

W: Show me in black and white where they told you that was "Phase 1"....in those precise words instead of something you have assumed or made up! It sounds to me like they said nothing about "Phases" whatsoever in the employment contract with Frizzy. Until the Judge makes her ruling, the Hearings are NOT over. They, on the other hand, suddenly have come up with a Phase 2 bunch of crap well before the hearings are over. And, their Phase 2 should have been accomplished under the original contract. Rather sloppy on the part of whoever is running the OG Members....if anyone other than Frizzy is doing the running of it. He, in my opinion, is running it and running with it. The Pied Piper....instead of rats, its a foolish bunch of sheep. Fools is a kind word to use for them.

L: The first $25 was the best money I have spent for legal representation, ever. And his plans for the future are worth even more.

W: For your $25 you got nothing more than a possibility there was a NSS situation. You got a lawyer with a decided and dedicated venue toward CMKX, UC et al. You got a lawyer that accomplished nothing to prevent CMKX from being revoked. You got a lawyer that gave you only the facts that made him and CMKX look good, rather than keep you informed of all the damaging testimony in the Hearing, he gave you only what you faithful cult members wanted to hear instead of the real meat of the testimony, but you have the brass balls to find fault with Webb. You got a lawyer who wants another $25. Are you among the FOOLs who sent him more money already?

L: I understand your hatred for everything CMKX, ignorance causes things like that, but this post of yours, attacks the shareholders and the only person who has done anything official to get to the truth.

W: Hatred? Its just a stock, dum dum! I lost money on my first purchase of CMKX ($410) and I assure you I do hate losing money if that is what you mean. Just on that one transaction alone, I have a vested interest in the results of the Hearings and what I think should happen to CMKX, UC et al. I would also be entitled to participate in a class action suit against UC et al....and that is where litigation is warranted. I do very strongly dislike what UC and others have done with it and to CMKX.

Ignorance? Look in the mirror, pal! Nothing could be more ignorant than to continue pumping and supporting CMKX, UC and others involved with the CMKX fiasco. Nothing could be more ignorant that to pay some lawyer $25 to accomplish nothing and then probably pay him another $25. I am sorry to think it, but it seems as though you and a good many other cult members are all wearing dunce caps.

L: Your intentions become clear then, that you do not want the truth to surface, and you will go to any length to attack anything that might reveal it.

W: The truth HAS surfaced!!! Just look at it, legal!!! What in hell is the matter with your brain?
LOOK AT IT!!! That is my intention and your failure. The truth IS out!!!!!!!!!!!!

L: Bill has proven the naked short to 134 billion and there is a stack of shareholder statements on their desk that is over two feet high, still being recorded, and more coming in constantly.

W: It seems that you and other cult/faithful members are the only ones convinced of that as fact.
Even if it is NS to 134 billion (which I very much doubt), so what? What does knowing that accomplish for CMKX shareholders? A class action suit and further losses? Satisfaction of knowing it was NS, but still major losses for the faithful? There are people that got sucked into buying CMKX that could not afford those losses, and, that is due to not just a few of the faithful cult members....you included. By the way, if Frizzy has a stack of papers in his office over two feet high, theres is definitely something wrong with the way he operates. Its called proper supervisory management.

L: I realize that anyone who seeks the truth is a threat to your rantings here, Wallace, but to the "reasonable", they realize that Bill Frizzell is the best thing that has happened to this stock and it's shareholders. And we will go on in support of his efforts.

W: As far as trying to hide the truth or avoid it is concerned, everyone on this thread knows it is you and any others of your faithful cult that distort the truth or hide it with inuendo, redaction and wild imaginations. You in particular, along with people like Zen, GreenBaron, Dr.Dementia, and Weird Willy, are known for such posts. You are the first one to put down Webb for writing and presenting the facts. That is what you do when seeking your particular kind of truth. Obviously, in your paranoid state of mind, you fear the facts that many of us present from a huge quantity of sources. You made your bed.....now lay in it!

Rantings? I have posted very little over the past few months, but what I have posted is fact. You, on the other hand, have done nothing but post rantings by Dr.Dementia and others from his forum, people like the Green Baron, Zen, your own rantings, and, rantings from the people at CMKX and their lawyers.

Reasonable? Frankly, they all look more like a bunch of raving maniacs....and that certainly includes yourself.


Legal, in your petty little world, it appears that no can voice an opinion about anything associated with CMKX of which you disapprove. The way you portray your one-track attitudes, only your opinions mean anything in your one-track mind. You made statements similar to the above when I expressed my opinions about Roger Glenn (another lawyer). You got a severe taste of his accomplishments and they turned out to be pretty much as I suggested. You have pumped Melvin. You have pumped Urban Casavant. You pumped Maheu when he didnt even bother to find out anything about what was going on at CMKX. You have even supported Casavants sons, one of whom is involved with CIM and received $1 million for who knows what (and unquestionably a conflict of interest in more ways than one), and, the other was once involved with the companys financial statements and we all know how that turned out. You have even defended Casavants wife signing corporate documents when she was neither an officer nor a director of CMKX.

After attacking me both personally and intellectually, are you going to try to turn the whole thing around and spin it again as though it was now I who attacked you? Among other things, what you have said above is exactly the kind of encouragement you gave JBCak, MoneyPenny, Pharmdman, Stoned Pigeon and others....your deputies, noahltl! Again, you are demonstrating your hypocrisy, legal. So, legal, stuff it!!!

I dont particularly like long posts, legal, but first you seem to be prone to them and second, it seems to be the only thing that gets through your thick skull.
 
Posted by imakmony2005 on :
 
TO FUNNY RIC,
 
Posted by Wallace#1 on :
 
legal, another thing -

You made the following comment about Maheu:

"Ric, Maheu was named as co-chairman of the BOD. This appointment as Director is new and indicates a more operational role in the company."

For your information, legal, Directors ARE NOT "operational" members of any company. Only such people as the President, and other officers and lower are considered operational people.
Suggest you read a paragraph or two on corporate managerial levels as they relate to operations as well as a paragraph about Directors' duties and responsibilities.
 
Posted by Penny-Trader on :
 
GO CMKX GO I'm buying another billion tomorrow

LOL
 
Posted by legaleagle on :
 
Wallace, rather than waste time answering you, I will just stand by original statements.

And BTW:

DIRECTORS - Persons appointed or elected according to law, authorized to manage and direct the affairs of a corporation or company. The whole of the directors collectively form the board of directors.

They are generally invested with certain powers by the acts of the legislature, to which they owe their existence.

In modern corporations created by statutes, it is generally contemplated by the charter, that the business of the corporation shall be transacted exclusively by the directors. And the acts of such a board, evidenced by a legal vote, are as completely binding upon the corporation, and as complete authority to their agents, as the most solemn acts done under the corporate seal.
 
Posted by stockster5 on :
 
To -- Legaleagle... I, as a rookie to this board, after attempting to make sense of some of this nonsense... have come to the conclusion, that you have totally confused me in who, or what you are... and who you speak for..example..........
posted June 22, 2005 18:44 excerpt:"How much has gone into diamond exploration business? We don't know. Nor are we going to until the time is right. Regardless of how much that may gall you personally, they will report when other business has been taken care of. And that will likely be after revocation takes out the Premerger Syndicate that attempted to take us over." ( *** attempted to take 'US' over *** )my parenthesis.. then right below that you posted...

posted June 22, 2005 19:49 :... You guys are running out of new material. Here take this one and run with it. The new address is a PO Box at "Goin Postal" appropriately named for CMKX. LOL ... Where the chit are you coming from???? I don't why Ric and wallace#1 keep bothering with you.... maybe you guys all know each other and go to the same bar.... I dunno.... Legal, I, being a new poster, can see that Ric and others make more sense with just plain logic is used.......... Legal, are you Frizzy? or maybe UC ?? Nothing else about your posts makes sense unless your intimately involved with cmkm. It's not too off the wall is that...?

mannnnn.
S5
 
Posted by Highwaychild on :
 
Have you ever seen Grumpy Old Men?
 
Posted by stockster5 on :
 
which one is legal..? Lemmon or Mathauw....
 
Posted by Highwaychild on :
 
LOL... Take your pick
 
Posted by Wallace#1 on :
 
legal: "Wallace, rather than waste time answering you, I will just stand by original statements."
--------------------

legal, you did waste time with your original statements. As usual, they lacked knowledge, direction and intelligence.

Speaking of intelligence, and I will say it again, operational people perform different functions from those of the Board of Directors. Yes, some (usually a very tiny number) may serve on the BOD, but that function is entirely different. Show some of your research capabilities and look it up in a source better that that which you used above.

And please stop pretending you are some kind of expert about management, corporations, Articles of Incorporation, chains of command, policy determination vs operational activities, etc.
 
Posted by Wallace#1 on :
 
stockster,

LOL "I don't why Ric and wallace#1 keep bothering with you.... maybe you guys all know each other and go to the same bar.... I dunno...."

Since I do not drink, I bother with him because of all of his pumping and outrageous theories or whatever you wish to call his posts and ideas. I bother with him because I think he really needs to go see a shrink....may be in therapy right now and we don't know it. Maybe that's why he is so "off-the-wall". I also bother with him with the hope that a comment/response may just deter someone from making the mistake of buying CMKX even now.
 
Posted by will on :
 
Maybe he will understand the difference if you explained it to him like this.

You see noah, Dr D, Big Fat Green Baron, Willy the Wanker, and the strategic policy fantasy writers, (staffers), give little people the "party line". Then you and other line/operational pumpers go out with your orders from the BOD staff, and do the work. They formulate the crap, and have the foolish faithful promote their nonsense.
Btw, how many theories have y'all formulated and published only to see them crash and burn. You and all your bosses are laughable with this crap. It won't sway them or you, y'all will keep the fantasy going as long as you have breath. Your last breath will spent saying, "yes Sir, Dr D, I will spread the word", no matter how outragious his, and/or others nonsense gets.
 
Posted by Wallace#1 on :
 
Hey will,

Welcome back from VA. Hope you had a good time. Bet they would have let you in to the SEC had you tried, huh?

They must know a kook when they see one! LOL
 
Posted by will on :
 
Well, I didn't try to enter the SEC offices. I figured there still might be some stragglers from that big 50,000 people protest crowd that legal attended.
Btw, did all 50,000 people show up, thought I heard the actual count was about 30, (not 30,000, but 30 ONLY) ?? A little short of their anticipated participation, but after reading their theories for over a year, it isn't surprising. Maybe, and I do mean MAYBE, .06 % of their possibilties/probabilities have been proven accurate, just like their anticipated vs. actual participation. They only missed by 99.94%, not too bad. LOL
 
Posted by stockster5 on :
 
Wall#1, you sound like someone's wife, who thinks she can change the husband.....lOl
I'm starting to think you all are the same person and just like typing to yourself......
jeez, I hope not. This is so entertaining, I don't think one person can make this up.!!
S5
 
Posted by will on :
 
"I don't think one person can make this up.!!"

If you have a difficult time believing what goes on with the back and forth of this thread, then you would be amazed to have read legal's (noah), post for the past year. Well, mostly his reposts of his pumper idols. There was another woman of high stature and an experienced investor that probably is loosing $20 to $35 K, that had some pretty good fantasies too. She authored most of hers, didn't rely on Dr D's reposts as much. So, I guess your right, the pigslop you see pumped here isn't the effort of one person, but a collection of fools.
 
Posted by Wallace#1 on :
 
LOL, stockster -

More like a husband who thinks he can change his wife.

No way could I be the same person as legal. He is way too far out in left field with the sin (whoops, sun)in his eyes, on slippery dog doo doo in wet grass (maybe he's smoking it), blind as hell with refusal to see and the hard ball-with a big CMKX imprint-is whistling straight at him.
 
Posted by ed19363 on :
 
Wallace, after reading your 22:17 post, I was sorry to hear that you do not drink. I was ready to meet you somewhere and buy you one. Couldnt have said it better myself.
Oh, I know...maybe we can meet in Philly and I'll treat you to a glass of refreshing Koolaid.


J/K
 
Posted by legaleagle on :
 
quote:
Originally posted by stockster5:
To -- Legaleagle... I, as a rookie to this board, after attempting to make sense of some of this nonsense... have come to the conclusion, that you have totally confused me in who, or what you are... and who you speak for..example..........
posted June 22, 2005 18:44 excerpt:"How much has gone into diamond exploration business? We don't know. Nor are we going to until the time is right. Regardless of how much that may gall you personally, they will report when other business has been taken care of. And that will likely be after revocation takes out the Premerger Syndicate that attempted to take us over." ( *** attempted to take 'US' over *** )my parenthesis.. then right below that you posted...

posted June 22, 2005 19:49 :... You guys are running out of new material. Here take this one and run with it. The new address is a PO Box at "Goin Postal" appropriately named for CMKX. LOL ... Where the chit are you coming from???? I don't why Ric and wallace#1 keep bothering with you.... maybe you guys all know each other and go to the same bar.... I dunno.... Legal, I, being a new poster, can see that Ric and others make more sense with just plain logic is used.......... Legal, are you Frizzy? or maybe UC ?? Nothing else about your posts makes sense unless your intimately involved with cmkm. It's not too off the wall is that...?

mannnnn.
S5

stockster, when I speak of "us" I speak as a shareholder with a common bond, of ownership, to the corporation with all other shareholders. Outside of this board, there are thousands of shareholders who support this company.

I assume on the second post you wonder why I would post negative information about the company? Well, bill and ed go to PB 32 to find out what the longs are saying, so I just saved them the trouble of reporting the address info, and listening to them cackle and bash.

No I am not Frizzy, though I know Bill Frizzell, John Martin and several shareholders who work in and for the shareholders group, and converse with them, usually, on a daily basis.

Haven't ever, even spoken to Urban; though I did speak to Ron at the Joliet races, and if Urban is anything like him, he is a fantastic person.

"Intimately involved with CMKX?" Now that is a little personal. LOL. I believe in CMKX and that is based on DD and research done by myself and several groups of researchers that co-operate with information that we have found.

"Ric and others" apply the logic of a normal stock or "scam" to this stock. I'll guarantee you that CMKX is not a normal stock, and so the traditional logic and conclusions do not apply.
 
Posted by ed19363 on :
 
In that case, we can only deduce that you have an extremely severe mental defect.
There can be no other reason for the garbage you post.
 
Posted by stockster5 on :
 
A little link I just found be accident... http://www.spitzer2006.com/main.cfm?frompage=1&StartRow=41&actionId=forumShowPostThread&forumId=76&topicId=187&maxrows=20

google returns 11,900 pages of english...for cmkm, but actually fall off around 240 pages with
unassociated word references to c.m.k.m ..etc.....

My point being .. I think people should step away from the keyboard, keep your hands in sight, and go outside into the sunlight and see that there's a real world who haven't heard of cmkm and uc... and that this company is one of thousands sliming around in the muck and sludge that is sub penny sewerage that we gamblers slog around, up to our chitlin's in company feces, KNOWING that we may win less than maybe 10% of the time.
So, get out, smell the flowers... throw the kids over the fence to steal the neighbors tomatoes...
whatever it takes...GET A LIFE CMKM owners..........

S5
 
Posted by Wallace#1 on :
 
quote:
Originally posted by ed19363:
Wallace, after reading your 22:17 post, I was sorry to hear that you do not drink. I was ready to meet you somewhere and buy you one. Couldnt have said it better myself.
Oh, I know...maybe we can meet in Philly and I'll treat you to a glass of refreshing Koolaid.

J/K

PM me. Maybe we can work something out that is convenient. NO KOOLAIDE!!!
 
Posted by will on :
 
"I'll guarantee you that CMKX is not a normal stock, and so the traditional logic and conclusions do not apply."

Becareful, stockster5, he will have you buying this pos soon. Excercise extreme care, it's the old, CMKX is different ploy. Soon it will be, it is "the play of a lifetime". CMKX is a super stock, they have all these super powers to negotiate and make deals with the most powerful regulatory angencies and even heads of state.
legal was in Washington DC a couple of weeks ago actually thinking he was going to be allowed audience with sitting Senators or testify before the Senate about the NSS existing with CMKX. Even the shareholders have super powers, (in their little fantasy world).
 
Posted by Wallace#1 on :
 
Will,

Don't forget about the Master Plan.....the 5th! Now that IS some plan! Who was it that originated that "Master Plan" crap anyway? I know legal used it from time to time.
 
Posted by Ric on :
 
Will the cult please send me $25.00 so I can go to these places in matters related to CMKX. I will report back what I find in a koolaid biased manner for your $25.00. Need a good vaction, I mean that I need to check out these places for you. Do you think anyone would mind if I go hunting on the Sak, property. I am sure theres nothing there to get in my way if I did.

From phase II agreement,
"It is possible that travel in the next 60 days could include trips to Canada, Ecuador, Florida and Las Vegas on matters related to CMKX."
 
Posted by will on :
 
The only thing that surprised me regarding the re-ante for phase II, was the amount, $25. I thought for sure Frizzell would stick the pig in the ass and go for $50 to $100 per head. He's got 'em hooked good now. This Martin guy has glorified his efforts pretty good. We'll see a bigger ante in later Phases, I'm sure.
 
Posted by bill1352 on :
 
i see legal hit 1 of wallaces nerves again...lol. well i think by my clock it was a week or 2 overdue. i think maybe wallaces wife cut him off again..you know how grumpy he gets when he doesn't get lucky. the fact that legal still thinks there is some sort of diamond valuation coming sez it all. the only gem value coming from those claims in canada for cmkx is if UC salts the few holes he drilled with the $60 million of gems he bought in december. maybe we should start a poll on how many yrs the cult will be posting that old any day now chit. wanna see the paid pumpers? watch you drops out within a month or 2. or who only posts once a month after cmkx is revoked. they will have to post for a while to keep the cult from stringing UC up but shortly they will excuse themselves for 1 reason or another. they will finish with "keep the faith" of course.
 
Posted by stockster5 on :
 
RIc.. the fruit punch goes down much easier than the grape. ..for some reason..
Here's a small reality check for y'all...
32,805,041 (July 2005 est.) Canada population
295,734,134 (July 2005 est.) US population ...
780 billion cmkx shares (at last count) =
2 1/2 shares of cmkx stock for every man, women and child in US of A and all of Canada !!!!!
Whoo hoo ya boy ...
S5
 
Posted by Ric on :
 
I know he denies it but I think class action is next phase. Why else go to all these places unless your checking out operations. And with what is found shouldn't surprise most on this board. Going to Ecuador has nothing to do with NSS.
 
Posted by bill1352 on :
 
but against who Ric??? i think phase II is his way of saying cmkx is revoked.
 
Posted by bill1352 on :
 
hey, legal wasn't kidding...lmao


luckyeddie
Diamond Hunter

member is offline


Joined: Jun 2005
Posts: 6
Cmkx new address is a postal store
Thread Started on Yesterday at 7:43pm

--------------------------------------------------------------------------------
I drove by the new cmkx address, 8380 w. sahara suite 120, it appears to be a "Goin Postal " store. The store ships packages and I assume it also has a mail box rental.

I did not find a Cmkx corporate office, just a " Goin Postal".........
 
Posted by Wallace#1 on :
 
Found this very appropriate description of cult members/touts at that site stockster posted:

"While operating in non-reporting obscurity, the pink sheet promotion managed to attract a remarkably large, gullible following and a motley assortment of Internet touts. Some of the touts are as misinformed as the most gullible of CMKM's starry-eyed followers."

PERFECT DESCRIPTIONS!
 
Posted by stockster5 on :
 
Don't you need real people for a class action suit...all those phantom counterfeit people don't weigh anything.......
 
Posted by will on :
 
Check your math, and use the population of the WORLD to calculate the number of shares per person.
That bit of information has been offered here a few times before.
Current world population 6,531,422,250.
You can go here and see it change real time: http://www.ibiblio.org/lunarbin/worldpop

quote:
Originally posted by stockster5:
RIc.. the fruit punch goes down much easier than the grape. ..for some reason..
Here's a small reality check for y'all...
32,805,041 (July 2005 est.) Canada population
295,734,134 (July 2005 est.) US population ...
780 billion cmkx shares (at last count) =
2 1/2 shares of cmkx stock for every man, women and child in US of A and all of Canada !!!!!
Whoo hoo ya boy ...
S5


 
Posted by DIGDOUGH on :
 
Are you guys still share holders in CMKX? Or is this some sort of conversation piece to chat about. I still have my dividend shares for what thats worth, but I sold this cmkx stuff a long time ago. Waste of time to me. [Wink]
 
Posted by Ric on :
 
It still amazes me today how anyone can think 703 billion share can move off .0001 even with NSS. Thats the sad thing.

You notice that Frizzle, and the cult have sort of given up on CMKX. It's all about NSS anymore.

And one other thing. They keep going on about the SEC protecting the investor and revoking the stock won't protect them. Hey guess what, you have had 2 months and still have 3 weeks to sell. So what if you don't get what you want. People lose money in the market every day. A good investor sells a bad stock and re invests it in a good stock to try and get there money back. Not hold a bad stock until they lose everything.
 
Posted by stockster5 on :
 
the numbers were straight off a census site, but my math was off the top of my head... which is pointed so numbers don't stick too well.......
 
Posted by Wallace#1 on :
 
bill,

I'm going to ignore the part about being "lucky" but re "i see legal hit 1 of wallaces nerves again...lol. well i think by my clock it was a week or 2 overdue." all I can say is:

By my clock it is time to hit the sack. Good night.

PS: Do your usual thing now that I am off the thread, legal. I will check you out tomorrow.
 
Posted by DIGDOUGH on :
 
WHERS MY DIAMONDS!!!
GIVE ME MY DIAMONDS!!!!!!!!LOL [Big Grin]
 
Posted by will on :
 
6.5 Billion people divided into 800 Billion = 123 shares per person currently living on this planet.
 
Posted by Doctoall on :
 
quote:
Originally posted by Ric:
I know he denies it but I think class action is next phase. Why else go to all these places unless your checking out operations. And with what is found shouldn't surprise most on this board. Going to Ecuador has nothing to do with NSS.

Ric I have been saying for quite some time that Urban et al will run to South America, he cannot go back to Canada as they are looking for him in Saskatchewan, so moving further south will be his answer [Big Grin]
 
Posted by stockster5 on :
 
OH D'oh ... populations in MILLions, I don't know why I was thinking Billions..... thought that'd be alittle crowded....
 
Posted by Ric on :
 
Most are ex holders but mainly a conversation piece to chat about. Cost less then a movie and is sometimes more entertaining.

quote:
Originally posted by DIGDOUGH:
Are you guys still share holders in CMKX? Or is this some sort of conversation piece to chat about. I still have my dividend shares for what thats worth, but I sold this cmkx stuff a long time ago. Waste of time to me. [Wink]


 
Posted by DIGDOUGH on :
 
ARE THEY STILL OUT IN THEM THAR HILLS.
DID ANY BODY HEAR ANYTHING ABOUT THE DIAMOND STUDDED FUNNY CAR IN RECENT DAYS?
 
Posted by will on :
 
I read somewhere, every person born in China gets a birth certificate and a hundred shares of CMKX stock.
 
Posted by DIGDOUGH on :
 
Ric it sounds like Urban is in trouble these days. I havent been following this.
 
Posted by Ric on :
 
Well, when you have to take the fifth in a hearing concerning your company on every question asked and the only other officer of the company doesn't know anything when he is questioned then I would have to agree. Judge makes final decision on the fate of the company July 15. Most here believe it will be revoked. But there are a few still sipping on the koolaid.
 
Posted by bill1352 on :
 
ya know guys it is summer. this idea was tossed around months ago but a metal detector & a few shovels will get diamonds out of those claims...cmkx never will
 
Posted by bill1352 on :
 
but ric...that was the best part for the cult. the rest was worse...lol
 
Posted by legaleagle on :
 
My guess is that Phase II will deal with legal actions against the brokerage houses. Just an "educated" guess.
 
Posted by DIGDOUGH on :
 
Yea , I guess that figures. They weren't looking that hard and I doubt if it was a lack of funds with all those shares to sell. Forever sounded like a long time to wait for diamonds. Thanks for the info.
 
Posted by Ric on :
 
The cult still don't get it. The brokerage houses on pinksheet route all buy/sell to a third party. Trust me there azz is covered. It will be a waste of your money to go there. But its your money to waste. They clearly spelled that out in there response letter to Frizzle if you really bother to read it instead of looking at it as they didn't give us the answer we wanted to hear. Its like the cult read the Jeff letter to say they shorted shares when in fact they clearly said it was a long sell that was covered but not reported to tape. They under reported volume. Not a good thing but has nothing to do with NSS.

http://www.cmkxownersgroup.com/ResponseLetterfromAmeritrade.pdf
 
Posted by Ric on :
 
It's like the OG only see NSS. Everything is NSS, everyone is involved in NSS. The SEC is covering it up. The DTCC is going to settle and make us rich. Ameritrade was involved because it owned shares in Knight. Citi Group is involve and now Morgan Stanley is part of the recent theory for settlement. They are going to pay 1.5 trillion dollars for the 3 trillion NSS at 54 cents a share. And you wonder why some people call you a cult. That is the silliest thing that I have ever heard in my life.

Of course you will have to do a class action but it still want get you nothing in the end. But calling all these companies names and trying to pin the companies problems on everyone else except where it really belongs will only get you laughed at in the end. UC sold 703 billion shares behind your backs and spent the money at the race track. Yet no one in the cult wants to believe the obvious.
 
Posted by Ric on :
 
Phase II already has 465 paid members. Looks like $5,000.00 a day. Now thats even better then the $40,000,00 a month to Mahue. And everyone wonders where there money went. I need to get in good with this crowd.
 
Posted by ed19363 on :
 
Piece of cake. Give him 25 shares of CMKX. They seem to think its worth a buck a share.
 
Posted by tarq3 on :
 
http://tinyurl.com/4dpja

CMKM DIAMONDS INC.


Corporation Information

Status: Active on 6/22/2005 File Date: 4/18/2002
Type: NRS78 - Domestic Corporation Corp Number: C9852-2002
Qualifying State: NV List of Officers Due: 4/30/2006
Managed By: Expiration Date:
Foreign Name: On Admin Hold: False


Resident Agent Information

Name: SECURITIES LAW INSTITUTE Address 1: 770 E. WARM SPRINGS ROAD
Address 2: SUITE 250 City: LAS VEGAS
State: NV Zip: 89119
Phone: Fax:
Email: Mailing Address 1:
Mailing Address 2: Mailing City:
Mailing State: Mailing Zip:

View all corporations under this resident agent

Financial Information

No Par Share Count: 0 Capital Amount: $ 80,000,000.00
Par Share Count: 800,000,000,000.00 Par Share Value: $ 0.0001


Officers Include Inactive Officers

President - URBAN CASAVANT
Address 1: 8380 W SAHARA AVENUE Address 2: SUITE 120
City: LAS VEGAS State: NV
Zip: 89117 Country: USA
Status: Active Email:

Secretary - URBAN CASAVANT
Address 1: 8380 W SAHARA AVANUE Address 2: SUITE 120
City: LAS VEGAS State: NV
Zip: 89117 Country: USA
Status: Active Email:

Treasurer - URBAN CASAVANT
Address 1: 8380 WEST SAHARA AVENUE Address 2: SUITE 120
City: LAS VEGAS State: NV
Zip: 89117 Country: USA
Status: Active Email:

Director - ROBERT MAHUE
Address 1: 8380 WEST SAHARA AVENUE Address 2: SUITE 120
City: LAS VEGAS State: NV
Zip: 89117 Country: USA
Status: Active Email:


Actions\Amendments

Click here to view 14 actions\amendments associated with this company
 
Posted by Bigrod40 on :
 
Interesting link

https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/corpActions.aspx?CorpID=446994&CorpName=CMKM%20DIAMO%20NDS20INC.
 
Posted by Ric on :
 
Very interesting, they changed there office address from a hot rod shop to a Going Postal store. Just wonder how they pick these addresses. Out of the Telephone book????
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
The cult still don't get it. The brokerage houses on pinksheet route all buy/sell to a third party. Trust me there azz is covered. It will be a waste of your money to go there. But its your money to waste. They clearly spelled that out in there response letter to Frizzle if you really bother to read it instead of looking at it as they didn't give us the answer we wanted to hear. Its like the cult read the Jeff letter to say they shorted shares when in fact they clearly said it was a long sell that was covered but not reported to tape. They under reported volume. Not a good thing but has nothing to do with NSS.

http://www.cmkxownersgroup.com/ResponseLetterfromAmeritrade.pdf

Not being a shareholder Ric, I guess you have not experienced the brokers responses. I personally have two written emails from AMTD in which they lied to me. If you think there is no collusion with the brokers, then why did they refuse to allow members to buy more shares? If they were "protecting" us from buying a "scam" then why did they allow us to sell. Were they o.k. with perpetrating a fraud against those who bought the ones we sold. NO. They were making sure that every share sold went directly to NITE so that they could cover.

There are many, many litigable offenses by the brokers. Here is a good one, but certainly not the only:

June 11, 2005

Carol J. Hanson
Chairmans Division/Service Recovery
Charles Schwab
101 Montgomery Street
San Francisco, CA 94104

BY CERTIFIED MAIL and FAX (602-355-7879)

REGARDING: Account xxxxxxxxxx

Dear Ms. Hanson:

I am writing in response to our conversation on June 10, 2005 regarding my account with you. For the record, I would like to review what transpired:

1) In November, 2004 I sent you an email requesting assurances that my position in CMKM Diamonds, Inc. (CMKX) was not shorted in any way.

2) On November 26, 2004 I received a letter from you stating that my xxxxxxxx shares of CMKX have not been sold short in any way.

3) On June 10, 2005 I called you and asked you to please restate your earlier letter to me, but this time stating that my CMKX position had not been NAKED short sold in any way.

4) You refused to provide such a written statement, and stated that you would speak to your General Counsel about this matter.

5) After your conversation with Carrie E Dwyer, General Counsel for Charles Schwab, you called to inform me that:

a. You intend to terminate doing business with me within the next 30 days;
b. The only thing that you will put in writing is that you have the right to terminate my account;
c. My CMKX dividend shares (CIM, GEMM, and USCA) have been deemed worthless and a courtesy sell will take place in 30 days.

I certainly no longer wish to do business with a broker that would, without explanation, wish to terminate a business relationship with me. I therefore request that the following actions be taken immediately, and at no cost to me:

1. I demand a refund of $658.90 the commissions that I paid to Charles Schwab to purchase my position in CMKX. Since this is a Charles Schwab-initiated action, I demand a refund of the fees that I paid. Please send me a personal check in this amount immediately.

2. I demand that Charles Schwab order the following Certificates immediately (from the Transfer Agents and at no cost to me), and that they be sent to me by certified mail:

CMKM diamonds Inc.: CMKX xxxxxxxxxx shares

Casavant International Mining Corp. Private Company Ticker/Symbol CIM xxxxxxxxxx shares (Restricted and Privately-held)

Juina Mining Corporation Ticker/Symbol GEMM xxxxxxxxxx shares (restricted)

US Canadian Minerals Ticker/Symbol USCA xxxxxxxxxx shares (restricted)

3. I hereby DEMAND that you take no action whatsoever to sell or liquidate my dividend shares, as described in number 2 above.

In closing, I must say as a result of making a simple request, it seems that draconian (and highly irregular and unprofessional) measures have been taken by you and/or your General Counsel. I have been with Charles Schwab for over five years and have paid thousands of dollars in commissions. Within a period of five hours, and as an apparent result of my making a simple request for my piece of mind, you decided to terminate my business. Do you treat all your Preferred members this way?

If you have any questions regarding my above demands, please contact me as soon as possible. Please confirm to me in writing at your earliest convenience that you have processed my CERT requests as outlined above.

Thank You,

//SIGNATURE//


cc: Carrie E. Dwyer, General Counsel Charles Schwab
Bill Frizzell, Esq. (CMKM Diamonds Owners Group)
Andrew Hill, Investor Relations, CMKM Diamonds, Inc.
Don Stocklein, Esq.
 
Posted by legaleagle on :
 
quote:
Originally posted by Bigrod40:
Interesting link

https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/corpActions.aspx?CorpID=446994&CorpName=CMKM%20DIAMO%20NDS20INC.

Sure makes you wonder why CMKX bothered to update their Nevada filings if they thought they were going to be permanently revoked in a few days.
 
Posted by bill1352 on :
 
i dont wonder why legal...if they look like they gave up the ghost the cult might switch who its going after. they have to look like they are trying right to the bitter end. the last thing you'll hear is we will try & file & be reinstated.
 
Posted by Ric on :
 
Exactly what I was thinking bill
 
Posted by legaleagle on :
 
Speaking of Law Suits - Bashing becoming a dangerous "parlor game". LOL


MIAMI, FL--(MARKET WIRE)--Jun 22, 2005 -- Universal Communication Systems, Inc. (OTC BB:UCSY.OB - News), its wholly owned subsidiary AirWater Corporation, as well as company chairman Michael Zwebner, announced today that they have re-filed the law suit against James Coughlin, Internet alias "IrishJim44," for claims totaling the amount of $18 million. The law suit has been filed in Federal Court in the Southern District of California.
ADVERTISEMENT


In a statement issued today, Michael J. Zwebner said: "As the Florida courts denied jurisdiction over this case, we have now re-filed suit against James Coughlin in Federal Court in San Diego CA. Our suit is the first of a number of upcoming law suits all against Internet posters who have conducted an unrelenting vicious and malicious evil on-line campaign of harassment against the companies and me for several years. We believe and allege, based on the actual posts made, that this defendant, as well as a number of co-conspirators, embarked on a deliberate and planned evil program of defamation, libel and the repeated publication of an unrelenting barrage of false information, false innuendoes and lies, as well as acts of cyber-stalking and harassment, all for personal illegal and immoral gain, and to cause maximum economic and commercial damage as well as severe emotional distress to myself." .........................

http://biz.yahoo.com/iw/050622/089345.html
 
Posted by will on :
 
Can't have the faithful spitting the hook now, can they? Of course, they like the feel of that barbed hook in their mouth, they wouldn't spit it anyway, but UC isn't taking any chances.
 
Posted by ed19363 on :
 
So sue me. Thanks to companies like CMKX, I havent got **** left anyway....LOL
 
Posted by legaleagle on :
 
Your SEC at work. Page 105 of the transcript Hakala says:

"Your Honor I don't know what he is going to ask, but as a general matter, I DON'T UNDERSTAND WHY THE SHAREHOLDERS WOULD NEED TO ASK QUESTIONS." LOL
 
Posted by legaleagle on :
 
TEXT BASED COPY OF THE HEARING TRANSCRIPT

www.promoguy500.com/temp/transcript
 
Posted by bill1352 on :
 
she is right legal...this case was about filing...ONLY. it wasn't about valuation, share structure, nss all things the shareholders want to know about but dont because of not filing. the only ppl that can answer why cmkx is not filing is the company. the shareholders should want to know why cmkx is not filing & that is what Hakala was there to do. in short, she was asking the only questions this case was about that YOU should want answers too.
 
Posted by ed19363 on :
 
Somebody please put a buy in at .0001 so I can dump this crap.
 
Posted by bill1352 on :
 
some of its missing legal....lmao...how cool is that...basher can scream about missing files.
 
Posted by ed19363 on :
 
9 million shares going once.....going twice.....
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
she is right legal...this case was about filing...ONLY. it wasn't about valuation, share structure, nss all things the shareholders want to know about but dont because of not filing. the only ppl that can answer why cmkx is not filing is the company. the shareholders should want to know why cmkx is not filing & that is what Hakala was there to do. in short, she was asking the only questions this case was about that YOU should want answers too.

If the case were only about "filing" the judge would not have allowed Frizzell to pursue the NS by submitting exhibits on NS after the hearing. Nor would she have kept the JEFF letter in the file. What does that have to do with filing?

As for this shareholder, I know they are not going to file until the time is right.
 
Posted by GatorMan on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by bill1352:
she is right legal...this case was about filing...ONLY. it wasn't about valuation, share structure, nss all things the shareholders want to know about but dont because of not filing. the only ppl that can answer why cmkx is not filing is the company. the shareholders should want to know why cmkx is not filing & that is what Hakala was there to do. in short, she was asking the only questions this case was about that YOU should want answers too.

If the case were only about "filing" the judge would not have allowed Frizzell to pursue the NS by submitting exhibits on NS after the hearing. Nor would she have kept the JEFF letter in the file. What does that have to do with filing?

As for this shareholder, I know they are not going to file until the time is right.

Er... wasn't the time right about two years ago? What possible reason could they have for not filing immediatly?
 
Posted by ed19363 on :
 
Heh, heh,heh....we been asking that question for two years.....
 
Posted by legaleagle on :
 
And for nearly two years, the company has been under attack by insiders and NS.

Why would you file a great valuation with three trillion shares out there? Until something is done about it, the market makers would only continue to manipulate the stock, and it would still just trade around .0001.

There has to be a conclusion to the NS and the insider issue before we move on.
 
Posted by legaleagle on :
 
gusjarvis
God of Diamonds

member is offline




Joined: Nov 2004
Gender: Male
Posts: 1,089
Location: British Columbia
has the SEC been proven to act in bad faith
Thread Started on Today at 11:10am

--------------------------------------------------------------------------------
they have been doing an investigation into CMKX and have all the trading records and know 100% for sure we were naked shorted to death yet didn't follow their own mandate in protecting the investors, let the stock still trade and billions more counterfeit shares be bought. The naked shortselling issue should be entered in this case just to show motive on behalf of the SEC for such a quick revocation and also goes to show their integrity, which they have been proven to have none at this point. They have mishandled and withheld vital evidence and that has to be taken into consideration, and infact should lead to a major inquiry into their conduct.

A monkey could see that we have been treated unfair by the exact agency bringing action upon us, so I am sure this judge can see it also.

That being said, CMKX you owe it to us the shareholders who have hung in there for all these months, and maybe given up some of our sanity, to file. The world knows what the SEC and DTC are all about, but now it is time for CMKX to show the world what they are all about
 
Posted by GatorMan on :
 
quote:
Originally posted by legaleagle:
And for nearly two years, the company has been under attack by insiders and NS.

Why would you file a great valuation with three trillion shares out there? Until something is done about it, the market makers would only continue to manipulate the stock, and it would still just trade around .0001.

There has to be a conclusion to the NS and the insider issue before we move on.

So what you are saying is that because someone is doing something illegal to the stock (i.e., NSS) it's alright and a good tactic for the company to violate the rules of the SEC in self defense? That makes no sense to me. Why wouldn't you bring a case against the short sellers instead? Did the company really believe that refusing to comply to SEC regulations and then blaming it on NSS would force the SEC to say, "Oh, OK. We'd better look into the naked short problem. Thanks for bringing it to our attention" and accept that as a valid excuse for the company not complying with the regulations? Common sense would tell me that all that's going to do is detract from the NSS issue and do exactly what happened, bring the focus to the non-compliance issue.

Now I've only read about 250 pages of the testimony (all the governments witnesses) but what I see so far is a company that had no intention of filing, and indeed had absolutely no internal accounting whatsoever! I know others have been saying this all along and I hope they will forgive me in that until I see something official and reliable I try to withhold final judgment. I'd say testimony in a court of law is pretty official. And any NSS or fantastic valuation claims I've heard so far do not fall under the "official and reliable" category.
 
Posted by Thorn on :
 
You should start a survey: How long have you had your sell order in at .0001? 1 day, 10 days, 100 days? See who is the "winner" in most days. [Big Grin]
 
Posted by Upside on :
 
Posted by Legaleagle:
quote:
Why would you file a great valuation with three trillion shares out there? Until something is done about it, the market makers would only continue to manipulate the stock, and it would still just trade around .0001.

There has to be a conclusion to the NS and the insider issue before we move on.

I just can't agree with that. Let's say that every single one of your beliefs about this company is true, they have a valuation approaching a trillion dollars, insiders own virtually all the stock, in short, it's a real pretty picture but, the company is naked shorted to death. How do you best deal with that situation? The answer isn't to hide all of these rosy details from everyone and put yourself through an SEC revocation proceeding. That is truly insane. Why would you not release ALL of that information and then just watch the rush to cover when the market makers realize what a gross mistake they have made.
If somehow the evil doers manage to keep it at .0001, your case is as strong as it could possibly be. You would have iron clad proof of manipulation when a company on the order of a Wal-Mart is trading at .0001.
 
Posted by legaleagle on :
 
Gator Man. Not "alright". Necessary to survival. Bringing a civil suit against the naked shorters has done no good, so far, for any company that has proceeded that direction. They simply stall. IMO, Stoekclein knew that nothing would be done, in short order, until the SEC was drug into the mix. So he forced their hand to take action by filing the 15a and then Maheu got right in their face in his PR to them, just to make sure they took action.

Not only does it bring the NS to light, but it also has the secondary benefits that I mentioned a few posts back. That of revocation taking out the "insider culprits" who were attempting to take over the company, but also allows Urban to breach the confidentiality clause of the contract with them when it reaches the 1st Circuit Court of Appeals, a court of "competent jurisdiction". Then he will be able to freely discuss the identities of the Pre Merger Syndicate, and their anti-company deals, without losing the company. The reasons for these tactics can be seen in the definitive 14C and contract terms with the "sellers". This is why so much emphasis was being placed on Desormeau and his 63 billion shares. There are others.
 
Posted by legaleagle on :
 
quote:
Originally posted by Upside:
Posted by Legaleagle:
quote:
Why would you file a great valuation with three trillion shares out there? Until something is done about it, the market makers would only continue to manipulate the stock, and it would still just trade around .0001.

There has to be a conclusion to the NS and the insider issue before we move on.

I just can't agree with that. Let's say that every single one of your beliefs about this company is true, they have a valuation approaching a trillion dollars, insiders own virtually all the stock, in short, it's a real pretty picture but, the company is naked shorted to death. How do you best deal with that situation? The answer isn't to hide all of these rosy details from everyone and put yourself through an SEC revocation proceeding. That is truly insane. Why would you not release ALL of that information and then just watch the rush to cover when the market makers realize what a gross mistake they have made.
If somehow the evil doers manage to keep it at .0001, your case is as strong as it could possibly be. You would have iron clad proof of manipulation when a company on the order of a Wal-Mart is trading at .0001.

Up, the NS isn't the only problem. Read my post to GatorMan.
 
Posted by Upside on :
 
quote:
Up, the NS isn't the only problem. Read my post to GatorMan.
Same answer though. If there are insiders attempting to take over the company, let the true value of the company be known. If this company truly does have a value that would rank it in the Fortune 500, release the information. Any takeover attempt would then have to be done based on true value and guess who benifits then? The shareholders.
 
Posted by GatorMan on :
 
quote:
Originally posted by legaleagle:
Gator Man. Not "alright". Necessary to survival. Bringing a civil suit against the naked shorters has done no good, so far, for any company that has proceeded that direction. They simply stall. IMO, Stoekclein knew that nothing would be done, in short order, until the SEC was drug into the mix. So he forced their hand to take action by filing the 15a and then Maheu got right in their face in his PR to them, just to make sure they took action.

Not only does it bring the NS to light, but it also has the secondary benefits that I mentioned a few posts back. That of revocation taking out the "insider culprits" who were attempting to take over the company, but also allows Urban to breach the confidentiality clause of the contract with them when it reaches the 1st Circuit Court of Appeals, a court of "competent jurisdiction". Then he will be able to freely discuss the identities of the Pre Merger Syndicate, and their anti-company deals, without losing the company. The reasons for these tactics can be seen in the definitive 14C and contract terms with the "sellers". This is why so much emphasis was being placed on Desormeau and his 63 billion shares. There are others.

OK, I see where you're coming from. Can't say I agree, I think Upside's arguments on how this should have been handled put forth a better plan. But I understand what you are saying.

But why would the company promise the documents for the accountants, and then never deliver? And why keep saying they were "close" or "days" from filing when the testimony was that it would take months even if they had all the information "on a silver platter" immediately? Was this all smoke screen? If it was, then now they are not only on the block for non-compliance, but for outright lying to the public, which to me is a very serious charge and would risk landing corporate officers in jail.
 
Posted by legaleagle on :
 
Gator, I think Desormeau was trusted by Urban and the rest until Roger Glenn came on board. I believe he found out what was going on behind the scenes, and which insiders were trying to naked short the company into oblivion by using their restricted shares as collateral. I also believe that he accumulated the records and began moving toward filing last fall, before the party, and began excluding Desormeau from information while they completed the financials. I still think they are done, and being held back.

As they were nearing completion, and preparing to file, the SEC jumped on USCA as a means of getting information on UC and CMKX. That's why he took the fifth back then. Same reason as now.

They were in fact ready to file when this occured and I think the SEC knew it. The CMKX hearing showed that Roger Glenn had been communicating with the SEC on filing the 15a for some time and was attempting to get us compliant. When he found out that the SEC was coming after CMKX and that the negotiating with them was over, he stepped aside for the pit-bull Maheu to take over with Stoecklein, to do the dirty work. Remember Roger has friends in the SEC and I am sure he would like to still have them when this is over. Plus he would have ended up in a conflict of interest since he still represents USCA.

So were they lying about be being ready to file? I don't think so. I think the SEC was not ready for us to file. They knew the extent of the NS and they knew what a run could do to the US market economy. All IMO
 
Posted by Upside on :
 
If this company is shorted to the tune of trillions, there's only one reason for it, they deserved it. If you were going to short the snot out of a company, how are you going to decide which one? Choose at random? Throw darts? Flip a coin? No, you're going to go after those that make a target of themselves and CMKX was the biggest target ever seen. There is no company here, they saw it for what it was, a share selling machine that they could short into oblivion and never worry about covering. Believe me, if it was shorted like some say, whoever was behind it did their homework and made damn sure there'd be very little risk involved. If it's true, they did a very good job of it and they won, hands down.
 
Posted by Wallace#1 on :
 
GatorMan, very, very well said below. No need for forgiveness....understandable.

"Now I've only read about 250 pages of the testimony (all the governments witnesses) but what I see so far is a company that had no intention of filing, and indeed had absolutely no internal accounting whatsoever! I know others have been saying this all along and I hope they will forgive me in that until I see something official and reliable I try to withhold final judgment. I'd say testimony in a court of law is pretty official. And any NSS or fantastic valuation claims I've heard so far do not fall under the "official and reliable" category."


legal:
"So he forced their hand to take action by filing the 15a and then Maheu got right in their face in his PR to them, just to make sure they took action."

W: Stoecklein forced absolutely nothing ! Maheu got right in their face not knowing a damn thing about the company? Come on, man.
 
Posted by legaleagle on :
 
And I got a bridge I can sell ya Wallace. You really so naive as to believe that Maheu knew nothing about CMKX, having been involved since, at least, the 2003 Crystallix deal?
 
Posted by legaleagle on :
 
quote:
Originally posted by Upside:
If this company is shorted to the tune of trillions, there's only one reason for it, they deserved it. If you were going to short the snot out of a company, how are you going to decide which one? Choose at random? Throw darts? Flip a coin? No, you're going to go after those that make a target of themselves and CMKX was the biggest target ever seen. There is no company here, they saw it for what it was, a share selling machine that they could short into oblivion and never worry about covering. Believe me, if it was shorted like some say, whoever was behind it did their homework and made damn sure there'd be very little risk involved. If it's true, they did a very good job of it and they won, hands down.

I agree they appeared to be a prime target for naked shorting as they kept increaing their AS dramatically. But truth is, if they hadn't UC would have lost his controlling interest to the "bad guys". It was those increases that kept him above 51% control.
 
Posted by Upside on :
 
I'm sure UC was aware of the shorting, I'm equally sure he didn't care about it, in fact, he more than likely encouraged it.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by legaleagle:
And I got a bridge I can sell ya Wallace. You really so naive as to believe that Maheu knew nothing about CMKX, having been involved since, at least, the 2003 Crystallix deal?

legal, you have already bought that bridge! And, what you are saying is that Maheu lied at the Hearing. Honorable, straight and true Maheu?
 
Posted by ed19363 on :
 
Legal, just who are you?
Where do you get your info?
Are you an insider?
Is your brain rolling around loose inside your head?
Do they put you in a rubber room with a straightjacket on at night?
 
Posted by GatorMan on :
 
quote:
Originally posted by ed19363:
Legal, just who are you?
Where do you get your info?
Are you an insider?
Is your brain rolling around loose inside your head?
Do they put you in a rubber room with a straightjacket on at night?

The second question is a very good one. Just were does this information come from? I wouldn't have added the last two, though. [Wink]
 
Posted by Upside on :
 
Posted by GatorMan:
quote:
I wouldn't have added the last two, though.
Not to worry, he'll shake it off. Legal seems to have pretty broad shoulders. I've seen him take a lot worse than that and come back. Matter of fact, it seems to make his reslove even stronger.
 
Posted by GatorMan on :
 
quote:
Originally posted by Upside:
Posted by GatorMan:
quote:
I wouldn't have added the last two, though.
Not to worry, he'll shake it off. Legal seems to have pretty broad shoulders. I've seen him take a lot worse than that and come back. Matter of fact, it seems to make his reslove even stronger.
I just like to see things stay civil.
 
Posted by Ric on :
 
Legal, So your saying that Mahue took the witness stand in front of a Judge and flat out lied that he knew nothing about the company. That he risked his own honor to cover up for CMKX. Thats the most garbage that I have ever heard. Its called perjury and I don't care who you are they will put the cuffs on you for that. Mahue isn't that powerful. You have made UC and Mahue out to be gods that no one can touch and they are going to save you from the evils of the market place. A pink sheet stock ran by a man from his home that meets his business partners at slot machines. The bullchit has got so deep that boots to your neck aren't going to keep you out of it.
 
Posted by Upside on :
 
Posted by GatorMan:
quote:
I just like to see things stay civil.
Not me. I like it when the gloves are off and the fur is flyin! [Big Grin]
 
Posted by Ric on :
 
Next thread should read.

CMKX---Enter at your own risk

You wait till I am at the hospital all day to start the good stuff, lol.
 
Posted by Upside on :
 
Everything go ok at the hospital Ric?
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
Legal, So your saying that Mahue took the witness stand in front of a Judge and flat out lied that he knew nothing about the company. That he risked his own honor to cover up for CMKX. Thats the most garbage that I have ever heard. Its called perjury and I don't care who you are they will put the cuffs on you for that. Mahue isn't that powerful. You have made UC and Mahue out to be gods that no one can touch and they are going to save you from the evils of the market place. A pink sheet stock ran by a man from his home that meets his business partners at slot machines. The bullchit has got so deep that boots to your neck aren't going to keep you out of it.

When you are old, it is easy to forget. LOL Maheu is a batlle hardened veteran of the courts. Wouldn't want anyone else right now.
 
Posted by legaleagle on :
 
quote:
Originally posted by GatorMan:
quote:
Originally posted by ed19363:
Legal, just who are you?
Where do you get your info?
Are you an insider?
Is your brain rolling around loose inside your head?
Do they put you in a rubber room with a straightjacket on at night?

The second question is a very good one. Just were does this information come from? I wouldn't have added the last two, though. [Wink]
Seems like I just answered that question last night.
 
Posted by legaleagle on :
 
quote:
Originally posted by Upside:
Posted by GatorMan:
quote:
I wouldn't have added the last two, though.
Not to worry, he'll shake it off. Legal seems to have pretty broad shoulders. I've seen him take a lot worse than that and come back. Matter of fact, it seems to make his reslove even stronger.
Up, you know me pretty well.
 
Posted by legaleagle on :
 
quote:
Originally posted by Upside:
Posted by GatorMan:
quote:
I just like to see things stay civil.
Not me. I like it when the gloves are off and the fur is flyin! [Big Grin]
Ack, Ack, Sorry, hair stuck in my throat.
 
Posted by legaleagle on :
 
Gator, there are two ways to approach this stock. One is the "negative" approach. We have several posters who have opted for that direction. The other of course is to approach from a "positive" direction. Most times, I am the only one here taking that approach.

But I will tell you this from a long time as an investigator, that the "true" path extends much farther than the "false" path, because the evidence is stronger and better on the path to the truth, and reveals much more fact than the wrong one.

So the question "where do I get this stuff?" the answer is simple: From following the right path.

So if UC really is a good man at heart, then you start with that assumption and proceed to collect evidence. That's what I did. It led much farther than the assumption that he is an evil man. If you start with that you can only proceed so far. As an example, both sides pursued Desormeau and found he was sort of a shady character. The negs draw the conclusion that he is just part of the "evil" conspiracy being carried out by Urban. And they stop there and simply use that piece of evidence in their arguments.

If you proceed from believing that UC is a good man, then you go looking for the reasons about why a guy like Desormeau would be in the organization. You find out who put him in his position. You find out how much stock he has control of and what he did with it. You find out what his "other" business connections are, and what they have been involved in, in the past. Those leads take you even futher. And finally the puzzle begins to take shape, and then accelerates with each new piece of information.

[ June 23, 2005, 18:25: Message edited by: legaleagle ]
 
Posted by legaleagle on :
 
It's sort of like Pedro here:


Interesting from another Board


Interesting, from Pedro
Interesting information on the CMKX O/S!
Thread Started on Today at 11:08am

--------------------------------------------------------------------------------
Found some information that is very interesting.

Within the Hearing Transcripts and the OG Brief there is some very important information that concerns the O/S of CMKX.

OG Closing Brief; Page 7; 3rd Paragraph
.. When Mr. Desormeau responded to Neil Levines request for records, the response was on the letterhead of a company called Business Works. (Exh 26) Business Works received 63 billion shares of CMKX stock in 2003 and 2004 according to the master shareholder list. (Exh 14) By August of 2004 all stock belonging to Business Works had been sold or transferred out of this company..


Business Works, Inc., a Nevada Corporation, is owned by Mr. DESORMEAU and his wife.

https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?CorpID=412027


Further;


Testimony of Ex-Auditor (Neil Levine)

Hearing Transcripts; Page 108; Lines 7 10
Would it surprise you that Mr. Edwards would own some companies, some LLCs or some companies that might have a substantial stock position in this company?


When doing a Nevada Corporate Search by Directors, there are quite a few Corporation recordings under the names of DAVID DESORMEAU and JOHN EDWARDS.

There is also another name that should be recognized: BRIAN DVORAK

DAVID DESORMEAU ~~~ 17 Companies
JOHN EDWARDS ~~~ 27 Companies
BRIAN DVORAK ~~~ 40 Companies

https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpSearch.aspx


Testimony of Transfer Agent (Helen Bagley):

Hearing Transcripts; Page 146; Lines 17 21.
So is there any way to tell from Exhibit 13 how many shareholders of record and Im talking shareholders of record, not shareholders how many shareholders of record there are or were as of July 22nd, 2003?

A few pages later we have:

Hearing Transcripts; Page 148; Lines 16 19
Then we have the outstanding shares. Well, if you take the issued and the surrendered, you get the outstanding, which at that time was 17,819,890,000.

The Transfer Agent testified that as of 07/22/2003, the O/S of CMKX was 17.8 Billion Shares.


Lets look at the CMKX Press Release on Retired Shares.

Press Release; 12/17/2003
LAS VEGAS, Dec 17, 2003 /PRNewswire-FirstCall via Comtex/ -- Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has officially retired 16,520,477,200 shares of CMKM stock back to the Treasury.


If we know the O/S as of 07/22/2003 was 17.8 Billion Shares and then on 12/17/2003 CMKX retired 16.5 Billion Shares ~~~ What would be the O/S of CMKX as of 12/17/2003?

(17,819,890,000) (16,520,477,200) = 1,299,412,800


Further,


Press Release; 1/9/2004
LAS VEGAS, Jan 09, 2004 /PRNewswire-FirstCall via Comtex/ -- Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has approved the retirement of an additional 1.8 billion shares of CMKM stock.


If we calculated that the O/S as of 12/17/2003 was 1.3 Billion Shares and then CMKX retired an additional 1.8 Billion Shares ~~~ What would be the O/S of CMKX as of 01/09/2004?

(1,299,412,800) (1,800,000,000) = Zero (0)


There is limited information as to determine the correct O/S as of 12/31/2003.
But we know that the O/S as of 07/22/2003 was 17.8 Billion Shares.

It appears as if UC had repurchased and retired 100% of the entire O/S and the Float was zero (none) sometime prior to 12/31/2003.

Was UC planning on taking CMKX Private?


On 08/20/2004, the Record Date of the USCA Stock Dividend, the CMKX O/S was 779.6 Billion Shares.
(7,500,000) / (0.00000962) = 779,625,779,626

I do not know what happened from 12/31/2003 through 08/20/2004.
Or for the skeptics out there, 07/22/2003 through 08/20/2004;

But somehow, someway, 779 Billion Shares of CMKX was diluted into the Markets within 8 Months (or for the skeptics, within 11 months).


It appears that Stoecklein and Frizzell know exactly how the CMKX O/S accumulated to 703 Billion Shares. And we are starting to see how many flies are caught in the Spiders Web!

Be prepared for an extremely Long Legal Fight!

http://cmkxdiamond.********s32.com/index.cgi?board=general&action=display&thread=1119539289
 
Posted by bill1352 on :
 
Originally posted by legaleagle:
And for nearly two years, the company has been under attack by insiders and NS.

Why would you file a great valuation with three trillion shares out there? Until something is done about it, the market makers would only continue to manipulate the stock, and it would still just trade around .0001.

There has to be a conclusion to the NS and the insider issue before we move on.

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


legal, check into rehab. either your posting this horsechit to try & push a few buttons or your smokin crack. what your saying is amost everyone in that court committed perjury except UC. now there's an honest guy for ya. he couldn't go along with lying in court so he took the 5th. how many yrs after cmkx is revoked do ya think you'll have to wait??? maybe by the yr. 2010??? will ya let reality sink in then? i think if i told this stuff to my 18 month old grandbaby she would laugh for a week. she can't talk yet but she would understand cmkx is toast & its shares will be worthless in 21 days.
 
Posted by bill1352 on :
 
as always the pro board leaves out the most important piece of info. UC was the only 1 that could sign the issue of shares. no way thats too easy, it needs to be twisted..ok DAVID DESORMEAU had to forge UC's signature to issue...no wait UC's wife was having an affair with DAVID DESORMEAU & since she was signing checks it must have been her.
 
Posted by Ric on :
 
Well, wife had another allergic reaction to some medicine. They gave her something and let her go home even though they really wanted to keep her. She is doing better but still a little jerky.

quote:
Originally posted by Upside:
Everything go ok at the hospital Ric?


 
Posted by ed19363 on :
 
Okay, I'm done arguing. Legal's "facts" are so far out I cant comprehend where they come from. So I will wait and see what the judge says. Meanwhile, my 22M are for sale at .0001. Not worth it to sell at less than that. And as far as the divvies are concerned, they will probably become worth less than it would cost to sell them. No more pennies for me....I'd rather get rich slower than not at all.
 
Posted by legaleagle on :
 
John3339
God of Diamonds

member is online


SMMMMMOkin! Squeeze gently please!




Joined: Aug 2004
Gender: Male
Posts: 4,416
Location: South-Central Pennsylvania
FWIW: Talked with a trader from WTC again
Thread Started on Today at 10:26pm

--------------------------------------------------------------------------------
Thinking about it, I am amazed at myself for not asking him more about what it was like after the plane hit. But he's as interested in CMKX information as I am in discovering a little bit of what it was like on the other side of the trading table.

He was particularly interested in learning which MMs are doing the heaviest trading of CMKX...which I really didn't know, except to mention NITE and JEFF were two I had heard about. (Couldn't remember others, and I don't have level 2)

He told me naked shorting is a way of life since the "dot com" bubble burst. That traders had to find some way to keep the incomes high, no matter what. He said in particular, there was little doubt that with the amounts CMKX had been trading, that it had to be "oil money" funding the shorting. He knew one guy in particular who worked on the floor that took the plane's direct hit, who did such trading for people from such a country. Although the guy never missed a day of work, that morning, he didn't come in, but took his child to school instead. (quite a coincidence) Private speculation is he was warned by his trading customers.

Anyway, we talked a lot about how typically, these "Pigs" (as he called them) will target a micro-cap that has the profile of a scam or not profitable looking organization. They will pump the stock like it's the next Microsoft, then sell short until it's in the sub-pennies...and hope they just go belly up. (sound familiar?)

He mentioned some high profile corporations that are no longer with us, that they did the same thing to. He said these guys are brazen, greedy and just plain pigs. They make money off the customer by selling shares to the customer at a higher price than what they can buy the shares for, and either pocket the difference, or buy shares for themselves. It wasn't uncommon for these brokers to pocket a thousand dollars or more per day. The customer didn't mind, knowing what was going on, because although they had money skimmed off bu the broker, the customer still made a killing...so what's there to complain about?

I wish I could remember all that he said, comparing his former life with what is happening to us. But he did say, the scheme the MMs are trying will work every time, unless the company they choose to short is indeed a viable company. If the company has the goods, the brokers typically see it quick enough to get out with minimal loss.

This guy said further, that if CMKX does indeed have the goods I was describing, mineral rights surrounding Debeers, several JV companies, cash flow, etc, then there's not much the MMs and hedge funds can do to kill us. He looked at me in the eye and said if CMKX really does have the goods, I'm going to be a VERY rich man, VERY soon. (the fact that the shares traded is dropping so significantly low is the prime indicator)

I wouldn't be surprised to see him coming to this board soon and introduce himself. I told him how to find us. He was more interested in getting with his broker and buying a few million shares (and convert to certs immediately). Another point he made: certs are the best thing we can do to protect ourselves, no matter what happens with the hearing.

He also said he thought it was incredible that the shareholders were so united in our fight against the shorters. He'd never seen or heard of such a fight against the establishment. His bottom line assessment: we're going to win this, and the oil money is going to take it on the chin.

My thoughts: Which country did most of the hijackers on 9/11 come from? The same country that controls OPEC...the same country that claims to be our (USA) friends, yet lets crude get to $60/bbl. Who is the likely country funding the terror movement? All questions have the same answer Saudi Arabia.

Could it be us little ol CMKX cult is going head to head with the Saudis?

Once again, I have had confirmation that the way to go to protect ourselves is to get certs...and run the TA out as soon as we can.

Today, I had two independent confirmations on how it's not "if", but "when" for us to achieve our desired outcome. The guy from the WTC, and from Dr D.

Now, as a disclaimer, re-read the title of this thread...FWIW means for what it's worth! I did not give the guy's name on purpose. Everything he told me could be just so much smoke blown up where the sun don't shine. There is absolutely no reason to give him any more credence than Accadacca or Willy wizard.

But a week ago, he overheard me talking with someone else about CMKX, and HE started the conversation. The things he told me are really interesting, and quite a coincidence for our situation. The "oil money" connection he mentioned today really got my interest. There IS enough money for a cover if the source of the money is true!

Oh, and one more thing from him...the spike we saw to .08, or .8, was probably intentional, to trigger market sells. Just a way of shaking a few shares loose, also indicating a cover is underway. He said expect a bunch of these to happen, progressively higher, but only for a very short time. We'll never get ours sold like this...but it will be giving them a chance to cover unless you have a stop limit on your GTC order.

He said a few times, with the shares I have, I'm going to be a rich SOB with the current situation. I hope he gets to buy in like he said he was planning to do. Then he'll be richer than he seems to be already. I wonder how it'll feel being on the other side of the NSS position.

Anyway I digress (again). None of you know me beyond what I post here. I don't know this guy beyond meeting him where I work. It could be all BS, fresh from the bull (or bear, depending on your POV). Take this post for what it is...a report that is not verifiable by any stretch of the imagination. But it does raise a few interesting possibilities, and it certainly has my hopes flying higher than they've been in quite a while.

I hope you enjoy the story. I believe him...FWIW

john
 
Posted by Ric on :
 
Legal if your going to repost posts at least don't repost those of absolute morons!!!!!!!!!!!!!

The O/S post you posted two post back is so funny it is ridiculous. Thats right the company would dilute 10 billion shares in 5 months from Feb to July without repporting it but there was no way they did it from July to Dec so those retired shares brought us to a little over 1 billion shares. That is the funnies thing that I have heard in my life. How does this guy even use a computer.
 
Posted by bill1352 on :
 
By: new_to_cmkx
23 Jun 2005, 10:36 PM EDT
Msg. 1009616 of 1009661
(This msg. is a reply to 1009605 by new_to_cmkx.)
Jump to msg. #


Explaination of CMKX 1 Trillion Share Naked Short below:

Sure you and 100 of your closest buddies might have 100M shares of CMKX each...But they are not real. The o/s is "single digit Billion" and unless you bought some of the first few Billion shares sold in "CMKI" 2 years ago or have Certificates for your shares, then know this...You got Fake "Naked Shorted Shares".

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


there is that cmkx math again...lol...30 billion certs in the OG...350 billion in NOBO yet the o/s is single digit billion. there has to be a lot more then kool-aide on that brain.
 
Posted by Ric on :
 
Thats the same guy that thinks CMKX has revenues from Ecuador to. None of these people want to read the transcripts except for what they want to here. And everyone else lied on the stand. Thats right. They got everyone to lie in a courtroom in front of a judge.
 
Posted by Ric on :
 
Of course you realize that anything that has an X in the title is going to has something naked in it.
 
Posted by bill1352 on :
 
what are the odds that the volume we see is mostly buys. i'm sure the cult is buying 100 million a day but who else could possibly be buying? if nothing else, after the transcript came out the lurkers that had some small hope must have lost it. i'm sure there are 20,000 shareholders that bought & look every few months to see if there's is any pps change. i'm guessing the last month has been a much higher % sell then buy. which means any NS is decreasing. look at the OG numbers, they decreased for the second phase thing.

even the trillion share thing is looking bad. phase 1 had an average per bagholder of 56 million shares. the OG brief added 5000 bagholders & the average dropped to 43 million. that extra 5000 had an average of 28 million shares. not all bagholders with 28 million shares would be as bitter as Ed...lol they might just fax in an account statement. they have to equal a total of 14.2 million per holder to equal the a/s. if 10,000 ppl have 2 million shares the average drops to 23.1 million. if they can hold that average & 56,000 ppl still hold shares july 15th they can prove a 500 billion naked short but i'll bet a large number of ppl get out or have gotten out in the last few weeks.
 
Posted by legaleagle on :
 
Can't believe very many people would get out at $40 per million. It's worth that for a "lottery ticket" and a front row seat at the "stock play of a lifetime".
 
Posted by ed19363 on :
 
You realize, dont you, that the people who are making the money on this stock are counting on people like you who are greedy enough to stay in this stock so they can soak you dry. And that is exactly what is happening.
 
Posted by Thorn on :
 
quote:
Originally posted by legaleagle:
Can't believe very many people would get out at $40 per million. It's worth that for a "lottery ticket" and a front row seat at the "stock play of a lifetime".

Wouldn't the lottery ticket give you better odds of getting some money back?
 
Posted by Wallace#1 on :
 
legal: "...and a front row seat at the "stock play of a lifetime"..."

W: legal, what it really is, is the "learning experience of a lifetime". There have been so many aspects of the market and trading discussed on this thread that it is incredible. Anyone, novice or otherwise, has been well served in the educational sense. There, I applaud everyone, including you.
 
Posted by Doctoall on :
 
SUPPORT GROUP= POST CMKX STRESS SUPPORT GROUP

I am going to start up a support group for those who are suffering from CMKX Stress Syndrome associated with money loss, related to Urban et al scams.

Fee to join: $25.00 that seems to be the going fee for this stock. [Smile]

Participants need to go cold turkey on the kool-aid and can have online counselling to help ease their feeling of anxiety related to being scammed of their earnings and savings.

Legal you will have to pay alot more because your case is very severe and I am not sure that we can get you back to reality [Big Grin] [Big Grin] [Big Grin]
 
Posted by Ric on :
 
LOL Doc, you know that you may get your the case study in the AMA afterwards.
 
Posted by Wallace#1 on :
 
Doc,

Where do I send my money? Will you accept an equal value in CMKX stock? LOL
 
Posted by Ric on :
 
Thats a lot of shares to make $25.00
 
Posted by Binky on :
 
Here's some test drilling on a magnetic anomaly south of shore gold on Adamas Minerals claim near Brockington, Sask.
GLTA Binky


Mon Jun 6, 2005
Saskatchewan Diamond Project

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

Nordic Diamonds Ltd. (NDL: TSX.V), ("the Company or Nordic") wishes to announce that a drilling contract has been signed with regard the drill testing of two magnetic targets on its Saskatchewan Diamond Project. Drilling is anticipated to start approximately June 13, 2005.

The Saskatchewan Diamond Project is an option agreement with Adamas Minerals Corp. and Nordic, whereby Nordic can acquire an undivided 75% interest in mineral claims covering 1168 hectares encompassing three kimberlite targets known as Brockington, Target 17, and Swan 4, located in the Fort a la Corne and CandleLake regions respectively, in central Saskatchewan.

The Brockington claim is located 13 kilometers south of Shore Gold's Star Kimberlite and has a distinct airborne and ground magnetic signature characteristic of kimberlite bodies found in the region. The claim is situated in an agricultural district and access is via an all weather grid road. Target 17 is a magnetic feature situated approximately 40 kilometers north of the Fort a la Corne kimberlite cluster, occurs in a low swampy area and is located about three kilometers from an all weather provincial grid road. Target 17 is located 9 kilometers south of kimberlite 29/30, a previously discovered diamondiferous kimberlite currently being evaluated by Great Western Diamonds Corp. The Swan 4 target is located immediately south of East Trout Lake, and about 40 kilometers east of Montreal Lake. This target is a large irregular magnetic feature measuring about 1.2 kilometers across and is transected by an all weather provincial grid road.

The Brockington and Swan 4 targets will be tested in the current drilling program. The third target, Target 17 will be tested when ground conditions firm-up after freeze-up.

Walter Melnyk, P.Eng., President of Nordic Diamonds Ltd., is a Qualified Person as identified by NI 43-101 and is responsible for the design, implementation and quality control of the Company's exploration programs.


ON BEHALF OF THE BOARD OF DIRECTORS
NORDIC DIAMONDS LTD.

"W. Melnyk"

Walter Melnyk, P.Eng.
President and COO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Safe Harbour Statement: The Company relies upon litigation protection for "forward-looking statements".

You can view the Next News Releases item: Wed Jun 15, 2005, Drill Program Commences On BRSC Property, Nunavut

You can view the Previous News Releases item: Wed May 4, 2005, Contract Announcement

You can return to the main News Releases page, or press the Back button on your browser.





Corporate Info | News Releases | Projects | Investor Info | Contact Us | QwikReport | Home
Copyright 2004 Nordic Diamonds Ltd. All Rights Reserved.
 
Posted by bill1352 on :
 
can anyone find a cmkx pr explaining drill targets the in-depth? i dont remember seeing 1. read that article on the debeers project. $30 million a yr exploring. $1 billion to build the mine & they won't even decide till 2008. your telling me UC has that much cash left from the 703 billion shares sold to get to the mining point? the best shot CMKX ever had was to NOT DILUTE from day 1, actually drill test holes, get them valued correctly then sell enough to bulk mine any good spots then test that then sell if its a good strike to debeers. those 703 billion shares are gone to the company. no more cash coming from them. once revoked the only way you get any cash is UC sending you a check, that is if he ever finds any value. i wouldn't hold my breath if i was a shareholder on UC sending chit.
 
Posted by GatorMan on :
 
quote:
Originally posted by bill1352:
can anyone find a cmkx pr explaining drill targets the in-depth? i dont remember seeing 1. read that article on the debeers project. $30 million a yr exploring. $1 billion to build the mine & they won't even decide till 2008. your telling me UC has that much cash left from the 703 billion shares sold to get to the mining point? the best shot CMKX ever had was to NOT DILUTE from day 1, actually drill test holes, get them valued correctly then sell enough to bulk mine any good spots then test that then sell if its a good strike to debeers. those 703 billion shares are gone to the company. no more cash coming from them. once revoked the only way you get any cash is UC sending you a check, that is if he ever finds any value. i wouldn't hold my breath if i was a shareholder on UC sending chit.

Naw, it's easy to sell more shares without upping the A/S. Just do a reverse split and sell them all over again. Yes, I know, UC promised no R/S. Just like he promised the filings were going to be filed any day. Then again, maybe saying there will be no R/S is part of the strategy.
 
Posted by ed19363 on :
 
I have been waiting for MONTHS for a R/S. IMO its the only thing bad that hasnt happened yet.
Once it's revoked it doesnt matter anyway.
100 worthless shares is the same as 10 million.
 
Posted by Upside on :
 
quote:
100 worthless shares is the same as 10 million.
Depends on what you're going to use them for. 100 shares will get you many fewer "wipes" than 10 million would. With only a hundred shares, you'll be shopping for toilet paper again in no time.
 
Posted by bill1352 on :
 
Revocation: At the Heart of the Plight Faced by Eagletech Communications



Revocation is one of the most severe penalties that can be administered to a publicly traded corporation by the Securities and Exchange Commission. This action can be taken on a variety of fronts, stemming from a companys fraudulent business practices, or on the basis of not being current on financial reporting requirements. The effects of a revocation would be immediately disastrous as any credibility of the organization would be destroyed in the light of regulatory action. Additionally, the impact on a small and developing company attempting to finance their business model through the public equity market, revocation could mean closing down operations.



In the case of Eagletech Communications Inc. (PinkSheets: EATC), a provider of a local access virtual telephone system for small businesses, the Commission set up an administrative proceeding to determine whether the registration of Eagletech's securities should be suspended or revoked. This comes as a result of Eagletechs inability to keep the investing public up to date with current financial information pertaining to the company. Justified in their actions, the SEC was taking the absolutely necessary steps because every investor should be provided with accurate and timely financial information to make informed investment decisions. According to the SEC, the reporting requirements of the Exchange Act is the primary tool which Congress has fashioned for the protection of investors from negligent, careless, and deliberate misrepresentations in the sale of stock and securities.



In response to the potential revocation or suspension of its securities, Eagletech admitted that it had failed to file periodic reports with the SEC even as they offered an affirmative defense. In its defense, the company believes that criminal conduct by third parties in connection with the trading of its securities caused its failure to file. To support this argument, Eagletech presented evidence of the alleged criminal conduct. The company noted that in November 2001, Eagletech filed a lawsuit in the Broward County, Florida, Circuit Court against forty defendants, alleging common law fraud, conspiracy, illegal conversion of property and racketeering.



In an exclusive interview with Ant & Sons, Rodney E. Young, chief executive officer of Eagletech Communications, believes that the case would be ready for trial in one year. Furthermore, in an Administrative Prehearing Conference, Young stated that a jury award would generate enough money to bring Eagletech's periodic filings current and allow it to implement its business plan.



Young, an ardent protector of shareholder rights, told Ant & Sons that he believes potentially thousands of companies are facing extinction from the public equity markets due to this type of criminal conduct. He claims that numerous small publicly traded corporations, which are prime targets for abuse, are being manipulated out of business.



However, Eagletech was dealt a blow on June 7, when Administrative Law Judge James T. Kelly, ordered that the registration of all classes of the registered securities of Eagletech Communications, Inc., [be] revoked pursuant to Section 12(j) of the Securities Exchange Act of 1934. The initial decision concluded that Eagletech's violations are egregious and ongoing, due to the fact that Eagletech has failed to file three audited annual reports and nine quarterly reports over a period of more than three years.



Yet, Rodney Young still has faith that the truth will be known, because he has taken into account the extraordinary amount of evidence Eagletech has compiled against the criminal conspirators in the U.S. District Court. This includes evidence from a ruling of the Supreme Court of the State of New York, wherein the DTCC was compelled to produce the companys trading records. With an appeal soon to be filed by Eagletech, the company still has a glimmer of hope as there appears to have been a small loophole left in the initial decision. The judge stated that the policy argument of the short selling in Eagletech shares, as evidenced by the criminal short sellers, should be addressed and indicates that the Commission would again have to take a closer look at the dilemma. With this in mind, it may turn out to be a long drawn out process, says Young. Yet he feels confident about his companys future and is hoping to create a domino effect that would lead to other companies standing up for their rights and asking for justice.
 
Posted by Upside on :
 
quote:
The effects of a revocation would be immediately disastrous as any credibility of the organization would be destroyed in the light of regulatory action.
No worries there, happened long ago.

quote:
Additionally, the impact on a small and developing company attempting to finance their business model through the public equity market, revocation could mean closing down operations.
Nope, fruit roll up.
 
Posted by bill1352 on :
 
notice how the company CEO is all over the NS, notice how the company CEO has lawyers too, notice how the company CEO is telling ppl something. notice how the shares are worth NOTHING!!!!! pro board is all happy, somebody bought shares today & it cost .0001...the pps is going up. another lost soul was hoping for .00007, another has averaged down to .00008 something from .0004. i guess Will got his wish...they are buying all they can still. i think a few of these ppl are going to have themselves committed when reality sinks in...buying this POS after the hearing & after reading that transcript. it does put a good light on businesses in this country, hiring the mentally handicapped so they can buy CMKX.
 
Posted by Ric on :
 
I was reading on PB were someone said they sold there entire retirement plan to buy more CMKX. They put there last dime in this. Shoot I wouldn't put everything in the best company in the stock market. You never invest everything into one stock. Diversity is what made millionares in the market. But to throw it all in a longshot just because you have a feeling. I did me DD, roflmao. Not sure what these people call dd but I call it having knowledge about a company including its financials, share structure, business model, and other important thing like that. Something that proves not a theory or a guess that this is a real company with real income. But here people are putting everything into a pipedream. No real knowledge because the CEO refuses to release real information. And people wonder why there are those that oppose Bush's Social Security plan.
 
Posted by bill1352 on :
 
not only that Ric but even if UC filed everything monday, even if they had drilled 200 holes without informing anyone & got promising results from a core sample where are they going to get enough money to do anything about it. you dont build a mine at $1 billion in cost without bulk sampling which takes a few yrs and from other companies about $100 million. the gold mine in S.A running full speed according to court testimony is maybe a few hundred grand a yr. they pay 20% of the 50% they get. NS does nothing for the company books which is $36 million in the hole now. they had to give all the sand from the gold mine away to pay off nevada minerals. they owe the auditor from 2001. if they were reporting any normal person would laugh. in the hole $36 million, very little income, o/s of 703 billion (who cares what the float is), cost of getting to the diamonds about $1.1 billion. if that doesn't have bankruptcy written all over it nothing does.
 
Posted by Ric on :
 
They have only two choices thats for sure. And thats either bankruptcy with all new shares issued to creditors (and that would be included in new contracts for drilling, need to do that before bankruptcy so new shares can go to them and not old investors) and the current shareholders get nothing, or they do a massive R/S of 10,000 to one to get o/s to 70 million then start selling shares like candy again to get money to drill with.

I tried to tell them once that its real expensive to explore. UC can't manage money, someone else would have to take over and spend the money wisely so they could find something. Not spending it at the races and slot machines.
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
I was reading on PB were someone said they sold there entire retirement plan to buy more CMKX. They put there last dime in this. Shoot I wouldn't put everything in the best company in the stock market. You never invest everything into one stock. Diversity is what made millionares in the market. But to throw it all in a longshot just because you have a feeling. I did me DD, roflmao. Not sure what these people call dd but I call it having knowledge about a company including its financials, share structure, business model, and other important thing like that. Something that proves not a theory or a guess that this is a real company with real income. But here people are putting everything into a pipedream. No real knowledge because the CEO refuses to release real information. And people wonder why there are those that oppose Bush's Social Security plan.

This is the only one that came close, so I will assume that it is the one you refer to. "SOLD ENTIRE RETIREMENT PLAN?" "....PUTTING EVERYTHING INTO A PIPE DREAM?"

Where are you finding that? Both still working, only in their mid fifties. Sold some Blue Chips to invest.


Dear Judge Murray,

I am a secretary, my husband works in a factory. We are in our mid-fifties. We invested in CMKX after much research. We got out of our blue chip stocks to have the money to invest in CMKX. We did so because we believe this company will make a difference in our life, our children and grandchildren's lives, and many other lives that we plan on touching with our investment return.

We have been very displeased and angered with the naked shorting situation that has gone on and on with CMKX, but we know that it was an illegal action against our company, not an illegal action by our company.

If we, who have the money invested in this company, don't feel we have been wronged by our company and mangement team, then why should the SEC feel that revocation is a way of protecting us?

Please give our company time to get their filings in order. We have the utmost trust and faith in CMKM Diamonds and urge you to listen to the shareholders' pleas.

Thank you for your time and consideration,

Cathy & Bruce
Newark, Ohio
 
Posted by ed19363 on :
 
Hope they put aside enough for the psychiatrist.
 
Posted by Ric on :
 
Actually that wasn't the one I was talking about. It was from a older topic. I am looking for it just for you. I hate how they organize on that board. But it is pretty close to the same and thats sad. And the thread you got that off of is full of sad stories. Looks like the scam targeted the people in the mid 50's that were disabled or unemployed. By the way, I meant retirement as retirement plan not a 65 year old too. But that one is just another of the many sad stories that are being told on the board. Yet like the judge said, don't these people know this is a company being investigated and broke SEC laws?

These people keep bringing up DD, what dd. They own land, sorry mineral right they don't own the land, beside a diamond comany. It may or may not have anything on it. It may be a waste land that nothing can get to it on. Why did the other companies not grab it up if it was so valuable. I mean they were there before CMKX.

But like bill stated, it is extremely expensive to explore these days in industrialized countries that have rules and regulations to help protect the miners. It is so hard to believe that some here believe that a stock they paid .00005 to .001 should pay them a million dollar. Thats what is going on here. They think they are owed something by buying a pinksheet stock that refused to file and refuses to tell the truth. Like the lies about being near filing throughout 2004. When Melvin tried to lie about the 400 billion shares. They are ignoring the facts of a TRIAL where people testified under oath that the company had nothing.

Oh well, please buy it all. Just don't sucker others into this scam. If you all love it so much then go private and stop pumping this POS.

[ June 24, 2005, 20:40: Message edited by: Ric ]
 
Posted by Dustoff101 on :
 
Ric, finding another example of blind nonesenseical faith is easy....

You wont have to go far...

Qbiddians have found they're U/C.

I am concerned some of the investors in the Q may be heading for a serious emotional breakdown....

They may be heading for a kind of Jonestown..

I would joke about the situation over there, but something tells me the situation is becoming to serious to joke about...
 
Posted by TANGO42 on :
 
quote:
Originally posted by bill1352:
what are the odds that the volume we see is mostly buys. i'm sure the cult is buying 100 million a day but who else could possibly be buying? if nothing else, after the transcript came out the lurkers that had some small hope must have lost it. i'm sure there are 20,000 shareholders that bought & look every few months to see if there's is any pps change. i'm guessing the last month has been a much higher % sell then buy. which means any NS is decreasing. look at the OG numbers, they decreased for the second phase thing.

even the trillion share thing is looking bad. phase 1 had an average per bagholder of 56 million shares. the OG brief added 5000 bagholders & the average dropped to 43 million. that extra 5000 had an average of 28 million shares. not all bagholders with 28 million shares would be as bitter as Ed...lol they might just fax in an account statement. they have to equal a total of 14.2 million per holder to equal the a/s. if 10,000 ppl have 2 million shares the average drops to 23.1 million. if they can hold that average & 56,000 ppl still hold shares july 15th they can prove a 500 billion naked short but i'll bet a large number of ppl get out or have gotten out in the last few weeks.

BILL: I have been tracking certs in a database, sure antidotal evidence, but in direct contrast to the ppl getting out; 9106 certs have been pulled this year for 21466 total. Sounds like a lot of people digging in ?
 
Posted by TANGO42 on :
 
quote:
Originally posted by bill1352:
not only that Ric but even if UC filed everything monday, even if they had drilled 200 holes without informing anyone & got promising results from a core sample where are they going to get enough money to do anything about it. you dont build a mine at $1 billion in cost without bulk sampling which takes a few yrs and from other companies about $100 million. the gold mine in S.A running full speed according to court testimony is maybe a few hundred grand a yr. they pay 20% of the 50% they get. NS does nothing for the company books which is $36 million in the hole now. they had to give all the sand from the gold mine away to pay off nevada minerals. they owe the auditor from 2001. if they were reporting any normal person would laugh. in the hole $36 million, very little income, o/s of 703 billion (who cares what the float is), cost of getting to the diamonds about $1.1 billion. if that doesn't have bankruptcy written all over it nothing does.

BILL
If you had read the Def 14c with attached agreement with all attachments you would know there were around 200 holes drilled before CMKX ever came into existance; exploration data is cumlative for valuation. I would calculate we have around 350-400 core samples most tested. There have been two prominant geologists prior to CMKX to estimate worthiness of the claims CMKX now holds. AND a new one just on line to develope the new non-magnetic airbourne survey.
 
Posted by bill1352 on :
 
legal...the letter you posted is why the judge will revoke. that letter did nothing to help cmkx but it can hurt. just because you have 10,000 cult members doesn't make it a sure thing. just because a stock is NS'ed doesn't make it valuable. there is a group out there that firmly believes they are right. nothing will change that opinion. they have a very large membership. its called mamba (i think thats correct if not its close) it men that love boys. now thats much worse then the cmkx cult but the principle is the same. just because a group of ppl believe something is right doesn't make it so.
 
Posted by TANGO42 on :
 
ALL
One other point to make about that Def14c:
1-Last filing that called out complete share structure.
2-NO FLOAT at that time( if anyone needs explanation I was an original shareholder of the shell CMKI)
3-You would have to believe all insiders would give up there percentage of the pie in favor of raising money ( Knowing of the valuation at the time)as A/S was raised
4-The only allocation of shares of issued were to JVPartners & private placement( if #3 is true will be 49%)Thus 703b-10b(O/S a time) is 340b
5-Large chunks of this have been recovered & retired
6-A special caveat in the agreement causes "SELLERS" to:
6a- File 144
6b- Wait an additional 180(6mo)
6c- Sell maximum of 10% of "SELLERS" combined holdings per month.
7- We know there were a minimum of 18 "SELLERS" maybe more.
- - - - -
My conclusion is simple:
1-0ne or more of the "SELLERS" (probably the ones mentioned on previous page by legal) Sold ILLEGALLY shares to market( No 144 has been filed to date.
2-Evidence in company books has been withheld by ex CFO. And still at hearing not turned over.
3-MM understood at the time of these share dumped that it was time to Short out of existance(about the time RGlenn came on board)Someone was looking for an opinion which would legalize the deal. Unfortunatly it is STILL illegal to act before proper paperwork.
= = = = =
Conclusion: Value still in ground,50,000 shareholder know it and are pulling certs, SEC desparatly trying to cover this particular short up. LETS SEE WHAT HAPPENS
Lefty
 
Posted by bill1352 on :
 
tango....i've never said the claims are worthless. all i'm saying is UC is worthless. so much so that there is no way for cmkx to now get the money to get to the mining point.

CMKX has 703 billion shares after its revoked its now a private company & wants to move towards mining. who is going to invest in something that has to be divided so many times? CMKX has no way of getting needed funds. that mine in S.A won't even come close to bringing in enough cash. ric is right & i've said it many times, either they go bankrupt & wipe out all the shares or they r/s down to almost nothing & then as a private company raise needed investors. & that depends on if they find a group of core samples from the same pipe that has good results. not 1 core sample. most kimberlite has some diamond content but that doesn't mean its worth building a mine.
 
Posted by bill1352 on :
 
the books from 2001 are being held...UC never paid the guy as it was stated in court. it was also stated that any records kept then were not kept by normal accounting standards. thus even back then things were not done right. how 703 billion shares got in the o/s is meaningless, they are there. ppl can yack all day that insiders own a large portion of that but there is no proof they do. if they do then they bought them by breaking more SEC rules but at least it would be rules that didn't have the penaty of being revoked. if they do own that much wouldn't yelling the amount from the mountaintop so to speak be in the best interest of the shareholder? maybe this david desomreau scammed UC. maybe UC trusted him & he is the one that screwed UC & the shareholder but if you know this as UC would by now do you buy a 3 million dollar home or do you try & help the shareholder? if thats what happened dont you fire the bast*** loudly & for all to know & fix the problem? dont you go the the SEC with the OG & give them proof of what happened? the 1 thing you don't do if your concern is the shareholder is take the 5th in court. cmkx being NS'ed or not is meaningless once revoked, the SEC provided a list of companies that claim this as their problem & cause of not filing to prove such. look at the brief from the SEC for that list.
 
Posted by Upside on :
 
I'd sure like to know who slipped the KoolAid into Van's soda pop.
 
Posted by Ric on :
 
Well its impossible for insiders to own a majority according to the 8-K filed in March. It states that CEDE is 407 billion and it is illegal for insiders to not be share holders of record. Sorry you can claim it all you want its illegal. CEDE is not company issued shares to a individual, they are shares that are bought on the open market through a broker where the company issued and sold them to the brokers through the MM's. If anyone holding under 5% bought shares that way they are not an insider and there shares are part of float like ours, period. If they are part of the company and they are insiders then the must register any shares they purchase, period. If you say someone, anyone is buying shares throught a broker where the broker holds the certs (CEDE) and holds under 5% then there shares are part of float and they had to purchase such shares. If your saying that they get 4.9% of the company shares no matter how much the share count is raised then the shares where issued to the individual by the company and he holds the certs (Not part of CEDE). Not sure what part of this the cult doesn't understand.

Also it is moronic to think they would raise o/s to 703 billion shares without selling shares on the market like crazy. Even if you claim they did it to cover insiders shorting, which has no basis in fact, there still no reason to raise o/s to 703 billion if your are only giving it back to the insiders. All that crap that was posted is impossible. You want to know the truth. If you buy into a company that doesn't report then you are buying a scam. There are many pinks that report and they are the good pinks, at least most. But give me a break. Everything you posted was BS. There is no proof of valuation period and thats why it will be revoked. Theories on top of theories won't make this company worth a crap.

[ June 25, 2005, 18:48: Message edited by: Ric ]
 
Posted by Ric on :
 
Previous drilled 200 holes, stated from 14 C exhibits???????? I guess that I am having trouble here. I see where they talk about drilling on shore golds and others property. But I must be missing where they drilled on CMKX's land. Where did they drill them 200 holes prior to 2003??

From 14C Feb 2003

http://www.sec.gov/Archives/edgar/data/1092299/000111776803000002/report.pdf

Report on the
Diamonds Exploration Potential
of Five Properties in the
Fort la Corne area, Saskatchewan,
on behalf of
Fort a la Corne Diamond Fields Inc.

1 Introduction and Terms of Reference
This report is prepared on behalf of Fort a la Corne Diamond Fields Inc., and is intended to
document the status of kimberlite exploration activities in and around 5 properties which are
located within the Fort la Corne kimberlite field of central Saskatchewan. The 5 properties
consist of 636 mineral claims with a total area of 247 708 ha (611 625 acres), which are
currently wholly owned by others, as listed in Table 1.

Buckshot holdings Ltd. (50%) and Commando Holdings Ltd (50%)
101010307 Saskatchewan Ltd.
101012190 Saskatchewan Ltd.
101027101 Saskatchewan Ltd.
Morgain Minerals Inc.

No exploration work has been conducted on the 5 properties by the present owners. There are
no known kimberlite occurrences within the 5 properties, but all are reasonably proximal to the
74 known kimberlite bodies of the Fort la Corne kimberlite field. The geological setting and
geophysical exploration characteristics of the Fort la Corne area are discussed, providing a
framework to assess the prospectivity of the properties for further kimberlite discoveries.
 
Posted by bill1352 on :
 
there are pinks that don't report but you call the company & they tell you what the o/s is, what the float is & if they are diluting. 1 company just diluted their stock from 250 million to 1 billion & if you called every day they told you the number of shares they dumped that day. they just cant afford the cost of being fully reporting. even their t/a will tell you the numbers.
 
Posted by DiQuiRiesco on :
 
quote:
Originally posted by Dustoff101:
Ric, finding another example of blind nonesenseical faith is easy....

You wont have to go far...

Qbiddians have found they're U/C.

I am concerned some of the investors in the Q may be heading for a serious emotional breakdown....

They may be heading for a kind of Jonestown..

I would joke about the situation over there, but something tells me the situation is becoming to serious to joke about...

It's ok to joke about Dustoff... I was joking about CMKI/CMKM/CMKX long before it was acceptable.
QBID is doing pretty much the same thing it did five years ago.
Lots of hooplah about going on the air with a one of a kind channel.... more hooplah... then nothing. The whole time selling shares.
Lots of people on this board made alot of money off of QBID which is why there are so many loyal followers now.
 
Posted by dwman on :
 
[Smile]
 
Posted by will on :
 
Hey dw, how are ya?
 
Posted by dwman on :
 
Doing great will. Hope all your family are doing great. Just returned yesterday from St. John in the beautiful U.S. Virgin Islands where my wife and I spent a week with our son and his family. Our daughter was not able to go but we had tons of fun snorkling.
 
Posted by dwman on :
 
Got to run for now but hope to sign on tomorrow and harrass my good friend wallace a bit...maybe ever ric too. Hope your wife is doing well Ric.
 
Posted by dwman on :
 
oh... anyone know who upside is? funny name. wait!!! I remember him. Hi you old shovel hound you. I see dusty is still around. I like that. I'm in touch with legal quite a bit on another board. I have to keep him drinking the cool aid you know. So many other friends here. hello to all. catch you tomorrow...God willing.
 
Posted by Ric on :
 
Do you really want to get me riled up, lol. Wife is doing good, thanks.
 
Posted by will on :
 
I enjoy seeing Wallace riled more than I like seeing you riled Ric. lol

When legal tickles his sac with some nonsense I love seeing him go off. One time I had to call him, make sure he didn't stroke out on us.
 
Posted by Ric on :
 
News out!!!!!! Settlement

Free government cheese and food from the food pantry for all shareholders July 16th.
 
Posted by Runamuck on :
 
CMKX threads =

http://www.goenglish.com/BeatADeadHorse.asp
 
Posted by Ric on :
 
Your assuming we are really talking about CMKX here. That is far from the truth. CMKX is the stage with the characters forming the entertainment. I believe members of Allstocks actually do a great job of letting bad stocks go to the wayside like MLON, PRRM, and many others. Yes they pop up here and there, and there are a few others that need to figure out that this is penny land so give it up please but not as bad as other boards. They run and sink then start it all over until they are diluted to no return. Then they are o/s'd to dead or R/S'd to dead. Almost all pennies are that way. So why is this dead horse still here. Simple, the entertainment is worth the price of admission.

quote:
Originally posted by Runamuck:
CMKX threads =

http://www.goenglish.com/BeatADeadHorse.asp



[ June 26, 2005, 23:44: Message edited by: Ric ]
 
Posted by Ktrain420 on :
 
Government grill cheese for all CMKX owner's!!

gotta grill um Ric!
 
Posted by Wallace#1 on :
 
dwman,

It's about time you showed up again!

will,

"One time I had to call him, make sure he didn't stroke out on us."

LOL

Talk to both of you later.
 
Posted by bill1352 on :
 
somehow its now a good thing volume is down??? ya think maybe everyone is done selling? the cover is over? the shareholder total is way down? or is it that the kool-aide is running low?
 
Posted by ed19363 on :
 
Must be the Koolaid, cause nobody is buying mine yet.
Maybe I should try a lower price, like $0.99
ROFL
 
Posted by Upside on :
 
quote:
Maybe I should try a lower price, like $0.99
That's for the whole 20 million lot, right?
 
Posted by ed19363 on :
 
Ummm....22 million....LOL
 
Posted by Upside on :
 
22 million? Don't sell yourself short, you could probably get a buck and a quarter or so if you stick to your guns.
 
Posted by ed19363 on :
 
Consider me pumped. I'll hold out for $1.25. You convinced me.
 
Posted by ACKCANE on :
 
$1.25 for the whole 22 million shares!!! What a deal!
 
Posted by legaleagle on :
 
ZENINVESTOR SURFACES AGAIN

zeninvestor32
Diamond Guru Emeritus

member is offline




Joined: May 2005
Posts: 549
"Dematerialization" to begin soon
Thread Started on Today at 1:27pm

--------------------------------------------------------------------------------
Want to see how the sec/dtc plan on handling future naked short issues? Just do away with the entire cert program to begin with. Shut down all future naked shorting by grandfathering in past abuses (already accomplished through SHO) but making future abuses not likely (probably to be arranged in the near future). In the mean time, the current naked shorts can exist in a paperless system for eternity until the companies either go bankrupt or get revoked. The SEC can suddenly "get tough" on pink sheets and eventually drive pink sheets off the horizon completely along with all the naked shorts they carry. Of course the DTC knows a few may slip through the cracks. That's why they capped their liability through the NSCC.

But get ready for "dematerialization" justified as "cost savings to investors". LOL Don't believe me? Take a looksie yourself:

http://www.dtcc.com/Publications/dtcc/feb05/paper_certificates.html
 
Posted by bill1352 on :
 
in reality that doesn't effect NSS or it wouldn't IF they instituted a real cover system. there has to be somthing in place that hinders manipulation of a pps from both sides. right now manipulation is easy for mm's but a bit harder for investors. pump & dump schemes still work & mm's can almost sell as many shares as they want of a company. having paper certs doesn't not reall effect either manipulation problems. according to the cult cmkx is proof. the cmkx cult has been ordering paper certs for over a yr yet they still believe it was NS'ed by a trillion or so. the outcome might have been differant had cmkx or UC not issued 703 billion into the o/s.
 
Posted by Upside on :
 
quote:
$1.25 for the whole 22 million shares!!! What a deal!
For who, the buyer or the seller?
 
Posted by ACKCANE on :
 
SELLER!!!
 
Posted by Upside on :
 
Agreed. Buyer's getting snookered.
 
Posted by stockster5 on :
 
ED...ED .. I'll buy 10 million, but I can only do .95 .. ! Is it a deal?
If you can wait till 6-27, I can do more... cause my KMART stock from 2001 will defiantly sell then I'll hae tons for CMKX ..........GO CMKX
 
Posted by stockster5 on :
 
I meant 6-29 ... I definitely can't do it today............
 
Posted by bill1352 on :
 
well since legal is missing i guess i'll post this...lol as i'm sure most know you have to read whats not there to get the whole story or in other words according to the cult just because it says 1 thing doesn't mean you can't believe & post it means something else..........


FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
(903)595-1921
E-Mail jmartin@cmkxownersgroup.com


Dear Owners Group Members, June 27, 2005

Hello to all. It has been an interesting day hearing about all of the rumors. You can rest assured that I am not engaged in any discussions involving tender offers to shareholders of any set amount. I know of no pending dividends from the company. If such negotiations are ongoing, the parties have decided not to involve me.

I am working on the followup exhibit that I referenced in our brief. This will be filed shortly.

I have received questions from many shareholders demanding to know why the Judge has not acted on our evidence. Please understand that our proof of a naked short is compelling but there is significant resistance to our evidence. The SEC has taken a position that there is no naked short position in this company. Judge Murray is not required to evaluate our evidence to see if there is cause to demand any investigation. Her job is to decide what to do with CMKM, if we do not file our financials. It is my job as your attorney to make the most of this naked short evidence. Our work is still ongoing in this area even though we are confident in the numbers we have. I have every intention of presenting this information to appropriate law enforcement officials at the right time.

A meeting has been agreed to with an official on the Senate Banking Committee staff for this coming Friday (7-1-05) in Washington, D.C. I look forward to presenting our evidence on Friday.

Several of the members have asked for some clarification on the Phase 2 agreement which is now available at www.cmkxownersgroup.com I will try to clear up any questions in a short update tomorrow.
Onward,

Bill
 
Posted by ed19363 on :
 
What's to clear up? Just send money and watch it disappear.
 
Posted by Wallace#1 on :
 
As per Frizzy speaking about Judge Murray:

"Her job is to decide what to do with CMKM, if we do not file our financials."
--------------------

He's still making his venue clear. Note the "we" and the "our". If he were really representing shareholders, his approach would be a hell of a lot less one-sided toward CMKX and would demonstrate more objectivity.
 
Posted by legaleagle on :
 
He says "we" and "our" because he is a shareholder as well.
 
Posted by dwman on :
 
quote:
Originally posted by Ric:
News out!!!!!! Settlement

Free government cheese and food from the food pantry for all shareholders July 16th.

I'take the kind that has holes in it. That way it won't cost the company as much.
 
Posted by bill1352 on :
 
"You can rest assured that I am not engaged in any discussions involving tender offers to shareholders of any set amount."


this of course means the coming settlement that a few of the cult believes the SEC promised doesn't have a cash amount attached to it yet.
 
Posted by bill1352 on :
 
IF cmkx files & doesn't get revoked maybe they won't r/s, maybe they will do as this company did this morning....consolidate its shares...lmao. ya gotta love these pennies


CALGARY, ALBERTA, Jun 28, 2005 (CCNMatthews via COMTEX) -- Braz Diamond Mining,
Inc., (PINK SHEETS:BZDM) ("Braz") announced today that the issued stock has been
consolidated at a ratio of 1 for 20. The Consolidation will be effective as of
June 28, 2005.
 
Posted by ed19363 on :
 
Oooooohhh...the old consolidation ploy.

Re CMKX, I fail to understand how they are going to fight NSS after being revoked. Is it just me, or does it make more sense to file and remain a viable company, and THEN fight NSS, if it exists?
 
Posted by ed19363 on :
 
Hey, wait a minute....TODAY is June 28....they didnt even give anybody a chance to bail out...LOL
Talk about getting screwed royally !!!!
 
Posted by Ric on :
 
CMKX doesn't care about NSS, only OG does. CMKX ran with the filing issue last year to sell more shares. People ask why would he spend so much money if it wasn't true. I say how much money did he make by running with the ploy. Well then, why did he spend so much if it was only a scam. Hush money, why else would they stick around if UC wasn't giving them anything. Then why not just let the SEC revoke them then? Why fight it? So UC can blame someone else and stay out of prison, and it's working so far. If the OG would find out the truth instead of being afraid to find out anything then UC would be in the crapper. But guess what, it will not matter once revoked. The OG can stir the bees nest all they want but they will never get anywhere. This was a scam so no one will really care about it in the end. It is ashame for the shareholders, but these hedge funds know what they are doing. Scam the scam so no one will care. Might be able to sue UC but he has spent most of it at the track and the slots so the lawyer will be the only one to make anything. But I sure hope the OG does it anyway just for just desert.
 
Posted by Thorn on :
 
quote:
Originally posted by bill1352:
well since legal is missing i guess i'll post this...lol as i'm sure most know you have to read whats not there to get the whole story or in other words according to the cult just because it says 1 thing doesn't mean you can't believe & post it means something else..........


FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
(903)595-1921
E-Mail jmartin@cmkxownersgroup.com


Dear Owners Group Members, June 27, 2005

Hello to all. It has been an interesting day hearing about all of the rumors. You can rest assured that I am not engaged in any discussions involving tender offers to shareholders of any set amount. I know of no pending dividends from the company. If such negotiations are ongoing, the parties have decided not to involve me.

I am working on the followup exhibit that I referenced in our brief. This will be filed shortly.

I have received questions from many shareholders demanding to know why the Judge has not acted on our evidence. Please understand that our proof of a naked short is compelling but there is significant resistance to our evidence. The SEC has taken a position that there is no naked short position in this company. Judge Murray is not required to evaluate our evidence to see if there is cause to demand any investigation. Her job is to decide what to do with CMKM, if we do not file our financials. It is my job as your attorney to make the most of this naked short evidence. Our work is still ongoing in this area even though we are confident in the numbers we have. I have every intention of presenting this information to appropriate law enforcement officials at the right time.

A meeting has been agreed to with an official on the Senate Banking Committee staff for this coming Friday (7-1-05) in Washington, D.C. I look forward to presenting our evidence on Friday.

Several of the members have asked for some clarification on the Phase 2 agreement which is now available at www.cmkxownersgroup.com I will try to clear up any questions in a short update tomorrow.
Onward,

Bill

Is it just me, or does this sound like a straw man defense? I mean, if the judge doesn't even have to look at the main item being used in defense, doesn't that sound kind of weak for a defense? And if the judge is only interested in the filing of the financials, wouldn't THAT be the thing to be doing in all haste?

Besides, the attorney gets paid regardless of the outcome, right?
 
Posted by Ric on :
 
Well, the judge can't use it anyway. She would break the law. She did not allow NSS in court. The SEC had a witness ready if she did but she didn't. And since there is no way to cross examine the evidence by the SEC then its illegal for her to consider it after the hearing. Only evidence that can be presented after the hearing must be related to something that was in the hearing period. She also made that clear at the hearing. So it makes me wonder about Frizzle. He knows he can't do this so why try it. Phase II and $25.00 more dollars.
 
Posted by bill1352 on :
 
the judge looking at the NS issue & doing something about it is like every other theory the cult has come up with. they want it to be so it is. just like the proof of value of the claims. they must have the mother lode of diamond finds because debeers is on 1 side & shore gold hit on the other. the guy that lives next to me on 1 side & the lady on the other side both hit the lotto for $75 million so that must mean i have the winning ticket for the $150 million prize, i just haven't claimed it yet.
 
Posted by Thorn on :
 
So, what are you going to do with that ticket, bill? XD
 
Posted by Upside on :
 
He's going to buy CMKX stock.
 
Posted by legaleagle on :
 
Ric, your posts are reaching a new level of panic driven bashing, nearly hysteria. Something up you wanna share with the board? LOL

Sorta like time is running out.
 
Posted by ed19363 on :
 
Seems like last year around this time, I mentioned this. Guess I'm psychic.

"Besides, the attorney gets paid regardless of the outcome, right?"

They are the only ones who will make any money, IMO.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by legaleagle:
He says "we" and "our" because he is a shareholder as well.

Keep being delusional, legal. We all know he does not represent the majority of public shareholders....only around 10% which is a small number compared to 90%. His CMKX leanings are very obvious every time he writes to the OG cult members.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by dwman:
quote:
Originally posted by Ric:
News out!!!!!! Settlement

Free government cheese and food from the food pantry for all shareholders July 16th.

I'take the kind that has holes in it. That way it won't cost the company as much.
dwman,

Problem with that is that CMKX is full of holes....the biggest being UC. LOL
 
Posted by will on :
 
Wallace: "His CMKX leanings are very obvious every time he writes to the OG cult members."

...and they wouldn't have it any other way. You read the premise of legal's, that you had to assume UC was an honest and good man to have a positive outlook to interrupt the going ons as positive. If he dared to point fault in UC direction they would cut his water off ($25 fee). He realized early on that they idolize this guy, so he takes advantage of that emotion and speaks collectively, CMKX = OG. Why would he jeapordize being impartial and fairly representing this group when they would turn on him. When he sees the well is about dry he might do it then, but until then it would only make problems for him now. He'll wait until the OG gets good and pissed and then he'll get another fee to represent that emotion. Pretty slick guy.
 
Posted by bill1352 on :
 
wallace again i need to correct you. i'll have to include DW (howdy dw) in this...the problem with cmkx is not enough holes, true they may have a few extra holes in a few heads but not enough or not big enough holes in the ground...lol
 
Posted by ed19363 on :
 
IMO the holes are in the OTHER end from the head.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by ed19363:
IMO the holes are in the OTHER end from the head.

ed, you got the true meaning behind my reference to a hole.

will,

Cannot keep quiet about your "interrupt" above. LMAO Besides, if I said nothing, dwman would sure as hell pick on you a lot more.
 
Posted by bill1352 on :
 
isnt tomorrow the last day cmkx ppl can file any briefs or paperwork with the judge? i think the OG will file something late not sure why, this is about cmkx filing as we all know. i'm sure a few of the cult are sweating it, i mean waiting till the last few days to buy all they can before it is revoked. sort of like 17 days till x-mas for a few of them. the scary part of all this is 1 of these morons could go postal at the SEC or DTC. (most would not concider it) there are a few in the cult not far from that edge now. wait till it gets revoked.
 
Posted by bill1352 on :
 
dang legal, your getting slow here. i'm getting tired of doing your job. frizzy update.


--------------------------------------------------------------------------------
FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
(903)595-1921
E-Mail jmartin@cmkxownersgroup.com


Dear Group Members, June 28, 2005


Greetings group members. I have presented a Motion to Judge Murray requesting her permission to allow us to file our evidence which proves significant naked shorting of our stock. It has been posted on our group website www.cmkxownersgroup.com . You should remember that we were not allowed to participate in this hearing as a party to this proceeding. We were granted limited participation and we were not allowed to present witnesses at the hearing.

The rules require Judge Murrays permission before such evidence will be admitted in this proceeding. Judge Murray has been exceedingly fair to the shareholders throughout the proceeding. Her rulings have been based on sound legal precedence. This Motion will draw opposition from the SEC. They will say it is untimely, irrelevant and probably a host of other things. This should be expected because the SEC does not want evidence of naked shorting to be a part of this hearing. That is the SEC attorneys job to object to such evidence. They are advocates for their cause just as I am an advocate of yours.

Judge Murray will ultimately rule on this request. If she grants it, we are prepared to file the CD containing copies of all of our summaries and all other accompanying exhibits. You can see that I have requested confidential treatment of our evidence. The Court will likewise make a ruling on that request if she allows us to offer our evidence.

I would imagine the Judge is more concerned with the proper action to take if there is no attempt by the company to produce the late filings. We will wait for her response. She could rule at any time. She could wait until her final decision and deny our request. It is simply up to her.

I am working on a short presentation similar to the attachments to this motion which we can present to anyone that has interest in our claims of naked shorting. If things go well in Washington DC on Friday I will be presenting similar materials to some people that can make things happen if they are convinced of our evidence.

Best regards,
 
Posted by Wallace#1 on :
 
Has anyone noticed the following re Phase 1 and Phase 2:

Phase 1 statement by Frizzy:

The cost to join the CMKX Owners Group is a one-time fee of $25.00. The $25.00 supports the legal cost for the Group to be represented by Mr. Frizzell.

NOTE: "The cost...is a one-time fee of $25.00." Sure, Frizzy, sure!

Phase 2 statement by Frizzy:

Previous work on behalf of John Martin and the CMKX Owners Group has caused the need for additional work and potentially future litigation.

2.01 In consideration of services rendered and to be rendered by the Attorney, the Client hereby agrees to contribute a minimum of $25.00.

NOTE: So much for a "one-time fee"!!

Work to be performed under this agreement may include, but is not limited to, an investigation into naked shorting of CMKX stock, professional negligence of any third party which might be responsible for losses to CMKX shareholders, and any related investigations which are necessary to protect the rights of the shareholders.

NOTE: This litigation could go anywhere.

You probably know that filing a lawsuit is often an ordeal that involves significant expense and time.

NOTE: The set up!

If additional funds are required should we decide to file suit, you will be so advised.

NOTE: The anticipated request for more $$$$s! Phase 3,4,5,etc.

John Martin has agreed to pay all attorney fees and costs of this proceeding that are not covered by the contribution of additional shareholders.

NOTE: So why bother paying more? Let Martin pay the Pied Piper. If this goes to class action, it will be Frizzy and possibly Martin who will benefit the most, not other OG members or other shareholders.
 
Posted by ed19363 on :
 
If I am not mistaken, she has already ruled that NSS will NOT be allowed as a defense for not filing. To me, that means NSS is entirely irrelevant to this proceeding.

Ergo, she will rule NO. Again.
 
Posted by ed19363 on :
 
Wallace, you're just too logical.
Maybe that is all our problems....LOL
 
Posted by will on :
 
Sorry guys, I was thinking faster than I type or typing faster than I think, or just not thinking ??? So, give me an "F" for spelling but an "A" for content.
You all know what I meant though.
 
Posted by Ric on :
 
I see a problem in the letter to the Judge. Legal said the other day that all info was related to April 5th. But Cert records used was from June 13th and that was the point I made in my original arguement that numbers changed from April to June. We know a lot of people have pulled there certs. So they could have turned in share numbers then pulled certs and that will make the overall number larger then it should be. This is just a small example on why the judge can't allow this. There is no outside verification nor is there a chance to enter a rebuttal at this time.

Also it was stated that the statement must be from the April 5th or 13th time but the example statement given was from April 30- May 27th. So they are not using a moment in time as Legal suggested. Numbers change too much and this looks like a half azz job at collecting information.
 
Posted by Ric on :
 
Original statement with legals reply. As I said. The statement used in the request to judge is April 30th so the assumption that they only used numbers related to a moment in time is false so numbers can't be verified.

NICE TRY AT DISCREDITATION, but it turned out to be true.

According to letter to Judge:

Frizzle requested statements as of April 5th. But clear from exhibit they used any statement sent.

NOBO/OBO list was from April 27th

Master shareholders list was June 13

So numbers came from all types of dates yet he expects them to be correct. Fuzzy Frizzle Math at work again.

quote:
Originally posted by legaleagle:
quote:
Originally posted by Ric:
You know what Frizzle isn't taking acount in his numbers is the fact that this has been going on for two months now. What if someone that sent there numbers in April sold to some one that sent there numbers in today. He talks about taking care of duplicates but there is no way he can tell if someone sells part r all there shares unless they refax that to him. Without a freeze which will happen once revoked then you will never know for sure if your numbers are 100% correct.

HE ASKED EVERYONE TO SEND IN THEIR APRIL 05 STATEMENT, BUT NICE TRY AT DISCREDITATION.


[ June 28, 2005, 22:16: Message edited by: Ric ]
 
Posted by bill1352 on :
 
i'd say it would be next to impossible to determine the exact number of shares on any given day. i'd think the best frizzy can do is come up with some sort of estimate over a given period & if he is lucky it gets some serious power to open the trading records. then after a month or 2 of adding & subtracting you could come up with a close to complete number. but since 1st grade math is not a cult strong point it might be a good idea to hire a elementary school to do the math. i'm sort of curious if that third party brought up in phase II discription is already know & has the initials U.C.
 
Posted by DrWho on :
 
Hehe you all STILL talking about CMKX? I go away on vacation and from the board for about 3 months, and was shocked that it is still on the front page.

Just amused and curious thats all.

Argonath
 
Posted by Wallace#1 on :
 
bill,

"i'm sort of curious if that third party brought up in phase II discription is already know & has the initials U.C."


I was wondering the same thing. Legally, would UC be considered a 1st party or 3rd party? I don't know for sure. Since he is not specifically a party in the SEC hearings, maybe he would qualify as a 3rd party.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by DrWho:
Hehe you all STILL talking about CMKX? I go away on vacation and from the board for about 3 months, and was shocked that it is still on the front page.

Just amused and curious thats all.

Argonath

Did you go in your telephone booth? LOL I always liked Dr.Who....a bit strange though and obviously low budget.
 
Posted by bill1352 on :
 
a bit long but worth the read...something does need to be done & soon.


http://www.investigatethesec.com/DP280605.htm

SECs Blue Plate Special: Tax Free Fraud to Preferred Customers June 28, 2005

David Patch


Ever wonder how to make money and never pay taxes on the income? Dont we all dream of that day when we can keep all that we earned instead of watching it sift through our hands and into the hands of DC Politicians. There is a way. All you have to be is wealthy.


In a Wall Street Blue Plate Special served up by the Securities and Exchange Commission those fortunate enough to qualify can earn tax free income at the expense of --- yup you got it, those less fortunate. The tax-free income comes by way of preferential shorting.


The way trade revenues are reported to the IRS a trade has to contain both a buy execution and a sell execution. Once both obligations are fulfilled, the broker automatically reports the result of the closed trade as income [or loss] to the Internal Revenue Service. Investors in turn report these transactions on their personal Tax Returns or run the risk of getting a nasty government sponsored audit.


Now lets take this process of taxable income reporting and leap forward to situations that are cropping up at an alarming rate. The SEC sponsored revocation of registrations of publicly traded securities. Those recently dusted off Section 13(a) of the Exchange Act and Rules 13a-1 and 13a-13 guidelines that were closeted until issuers started lobbying the SEC to address abusive shorting that resulted in massive quantities of unsettled trades [naked shorting].

Since March 2004 the SEC has ramped up their efforts to revoke the registrations of companies who fail to meet timely filings. The SEC has a choice of either suspending registrations of these companies for up to a year or, completely and permanently revoking the registration. In all cases the SEC Administrative Judges voted for permanent revocation near 100 cases in a little over a year. Why the harshness when innocent investors lose everything when a stock no longer trades?

Here is that SEC Blue Plate Special - The unsettled trades in our markets.

When a company stops trading, any and all unsettled trades, and open short positions are erased. They no longer exist for closeout. Without closure they become tax-free income to the seller of those shares that never settled. By Wall Street policies, and IRS guidelines, if a trade does not have a buy execution and a sell execution there is no defined profit or loss to calculate. The investor can claim the profits as a good citizen but no broker report to the IRS or client will force them to.

Lets use a simple example to illustrate:

Company XYZ has 100 Million Registered Shares Trade Price $1.00/share
Hedge Fund 1, 2, and 3 all decide to short the stock creating an additional 100 Million shares. In the companies whose registrations are revoked there are no shares to borrow so these would go as unsettled trades. The SEC also admits that the number of settlement fails can exceed the public float (Ref: Regulation SHO proposal).
In the short selling raid the stock price drops to $.01 due to heavy sell side volume in the stock. The weighted average short price over 100 million shares is $.50.
The Company cant raise operating capital due to the price of $.01 so they fail to make proper SEC filings. Sarbanes-Oxley just ramped up those costs.
SEC Initiates Administrative order to revoke registration. Shares in Circulation = 200 Million [100 Million issued by the Company, 100 Million created by Hedge Funds].
All 200 million shareholders sell their shares to their broker for the nominal fee of $1.00 and declare a total tax loss on their investment. 200 Million X $.50 avg/share = $100 Million tax liability.
Hedge Fund 1, 2, and 3 receive all margins they may have put up on the short positions when the stock stops trading. The result, they pocket 100 Million Shares X $.50 avg/share = $50 Million. Since the Hedge Funds never closed out the short, the broker never declares this a taxable trade to the IRS.
Total Tax Liability to US Economy $100 Million in tax write-offs and $50 Million in undeclared income.

The Securities and Exchange Commission Blue Plate Special dedicated to those who have the power and wealth to sell what they do not own. This special helps manipulate our markets and then let the manipulators walk away with tax free ill-gotten gains. Order one up a serving for yourself today.

So how do we know this is real?

If you recall, in January 2005 the SECs Regulation SHO came into affect. On January 7, 2005 the first threshold security lists were posted containing names of companies with settlement failures that exceeded 10,000 shares and 0.5% of their recorded shares outstanding. The list was being calculated using the Depository Trust Clearing Corporations continuous net settlement [CNS] records of fails per issuer.

The regulators blinked.

The first few posted threshold lists contained companies that not only were not reporting but companies the SEC was going after for revocation of registration for not reporting. Companies the SEC ultimately shut down. While it may have been impossible to calculate whether or not the fails exceeded the 0.5% of the shares outstanding, due to a lack of filing a share structure with the SEC, the CNS settlement data highlighted fails on their books for these issuers. Fails that exceeded 0.5% of the last reported share structure.

Do you think the SEC sought out those illegal and open short positions to force settlement prior to their action to shut the company down? Do you think the SEC notified the IRS about the unreported trades that resulted from their actions? Not a chance! The SEC was too busy shutting these companies down with malice in order to protect these illegal trades and as they will tell you, the SEC has nothing to do with collecting taxes.

Some of the companies listed on the Regulation SHO list in early 2005 that have subsequently had their registrations revoked by the SEC are Gadzooks, Infotopia, and Dr. Koop.com. There are others as well.

Today, the NASDAQs threshold security list even continues to display one company that has not traded in a year, GenesisIntermedia (GENI). GENI being involved in one of the worst collapses of a Wall Street Clearing firm in the history of Wall Street, Minnesota based MJK Clearing. The cause of the collapse, the massive over-loaning of shares in GenesisIntermedia in a fraud orchestrated by company insiders and a former Iran-Contra Arms dealer named Adnan Khashoggi. Excessive loaning of shares to cover a failed trade is part of the root issue to shorting abuses. The same share can be loaned out to several different people diluting the stock while settlement failures accrue.

How does the SEC plan to get GENI off the Regulation SHO threshold list if they [SEC] has grandfathered the fails from mandatory closeout and the stock has stopped trading? The owners of those fails certainly have no intention of trying to find a seller to buy in the fail when they stock doesnt trade. Instead the SEC will most notably take action to revoke the registration of the company. The SEC will claim that it is protecting the investors in doing so and that the fails are irrelevant to the picture. Irrelevant because somebody bought a share years ago that never existed in the first place. Where is that clients Broker?

I guess the bottom line here is if you want to participate in the Government sponsored Blue Plate Special of tax-free income all you have to do is become wealthy enough to invest in Hedge Funds. I wonder what they serve these Funds for desert. For those unqualified to meet the standards of this special Hedge Fund investing, we will simply carry the tax burdens of those privileged individuals.

The DTCC today carries a liability of reportedly $6 Billion daily in unsettled trades. How much will become tax-free income? That seems to be partly up to the Securities and Exchange Commission and their most recent attacks on small investors.
 
Posted by Ric on :
 
And I am sure most of it is true. But asking the Investigatethesec.com for information on the SEC is sort of like asking the PB forum about CMKX. It is heavily biased and a lot of theories past off as fact.
 
Posted by tarq3 on :
 
FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
(903)595-1921
E-Mail jmartin@cmkxownersgroup.com


Dear Group Members, June 28, 2005


Greetings group members. I have presented a Motion to Judge Murray
requesting her permission to allow us to file our evidence which
proves significant naked shorting of our stock. It has been posted
on our group website www.cmkxownersgroup.com . You should remember
that we were not allowed to participate in this hearing as a party
to this proceeding. We were granted limited participation and we
were not allowed to present witnesses at the hearing.

The rules require Judge Murray's permission before such evidence
will be admitted in this proceeding. Judge Murray has been
exceedingly fair to the shareholders throughout the proceeding. Her
rulings have been based on sound legal precedence. This Motion will
draw opposition from the SEC. They will say it is untimely,
irrelevant and probably a host of other things. This should be
expected because the SEC does not want evidence of naked shorting to
be a part of this hearing. That is the SEC attorney's job to object
to such evidence. They are advocates for their cause just as I am an
advocate of yours.

Judge Murray will ultimately rule on this request. If she grants it,
we are prepared to file the CD containing copies of all of our
summaries and all other accompanying exhibits. You can see that I
have requested confidential treatment of our evidence. The Court
will likewise make a ruling on that request if she allows us to
offer our evidence.

I would imagine the Judge is more concerned with the proper action
to take if there is no attempt by the company to produce the late
filings. We will wait for her response. She could rule at any time.
She could wait until her final decision and deny our request. It is
simply up to her.

I am working on a short presentation similar to the attachments to
this motion which we can present to anyone that has interest in our
claims of naked shorting. If things go well in Washington DC on
Friday I will be presenting similar materials to some people that
can make things happen if they are convinced of our evidence.

Best regards,


Onward,

Bill
 
Posted by legaleagle on :
 
CIM ACTIVATED???


Pedro2004
Dr. Of Diamonds

member is online


Joined: Apr 2005
Posts: 158
From RB Board
Thread Started on Today at 11:31am

--------------------------------------------------------------------------------
Just picked this up from RB Board.

Seems that certain people have been busy lately!


http://tinyurl.com/dshn3


http://tinyurl.com/bst79
 
Posted by legaleagle on :
 
Desormeau out, Williams in.


Rumor of Ed Dhonau being on outs with Urban? Not according to the VUE report.
 
Posted by legaleagle on :
 
Good timing on updating CIM since it's the last day for entries on the case.
 
Posted by bill1352 on :
 
legal did you notice the number of shares listed??? 500 billion. does the concept of numbers & how they effect the pps ever cross the cults minds???? with a 500 billion o/s your already at .00005 before ya open the doors. debeers & shore gold could hand CIM the pink slips to both claims & it would never go above .0001
 
Posted by Wallace#1 on :
 
Birds of a feather! No more needs to be said:

"COMMUNICATIONS VUE MANAGEMENT, LLC
Managed By: Managers
Manager - URBAN A CASAVANT
Manager - JOHN E DHONAU"

In the event you have forgotten:

"Mr. Dhonau has been involved in a number of lawsuits, on occasion...as a defendant. He also ran afoul of Ohio securities regulators for selling unregistered securities and was the subject of a 1998 cease and desist order."
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
legal did you notice the number of shares listed??? 500 billion. does the concept of numbers & how they effect the pps ever cross the cults minds???? with a 500 billion o/s your already at .00005 before ya open the doors. debeers & shore gold could hand CIM the pink slips to both claims & it would never go above .0001

AS doesn't concern me bill, OS does.
 
Posted by CashCowMoo on :
 
its not over until its over. people are counting chickens before they hatch. some people say no chickens will hatch and some say all of them will. i think ill go half.
 
Posted by legaleagle on :
 
A meeting with Dean Harris, Sen. Sarbanes' Chief Counsel and Director of the Banking Committee is scheduled for Friday, July 1, 2005 at 2:15 PM in Room 534, Dirksen Senate Office Building.
This 30 minute meeting was arranged to hear evidence from the legal counsel representing over 5,000 shareholders of a Pink Sheet stock, claiming that the SEC and DTCC have knowingly allowed this stock to be illegally naked shorted by at least one trillion shares in the market place.
 
Posted by will on :
 
"OS does"
As long as it is under 704 Billion. LOL
 
Posted by legaleagle on :
 
quote:
Originally posted by CashCowMoo:
its not over until its over. people are counting chickens before they hatch. some people say no chickens will hatch and some say all of them will. i think ill go half.

Chickens hatched weeks ago. Just now coming out of the coop and into the light.
 
Posted by KonaRide on :
 
HEY LEGAL, LOOKS LIKE WE'RE GONNA BE RICH!!!
 
Posted by legaleagle on :
 
CIM AS was changed on Oct 20/04 from 25 million shares to 500 billion shares just before the party. Are earlier plans just now materializing?
 
Posted by legaleagle on :
 
quote:
Originally posted by KonaRide:
HEY LEGAL, LOOKS LIKE WE'RE GONNA BE RICH!!!

Already was kona, God,wife,family. But I'd take a little money, too. LOL
 
Posted by legaleagle on :
 
imSINGLEruRICH
Diamond Wiz (Moderator)

member is online


DIAMONDS ARE A GIRL'S BEST FRIEND !!


Joined: May 2005
Gender: Female
Posts: 852
Location: New Jersey
COINCIDENCE????????
Thread Started on Today at 1:23pm

--------------------------------------------------------------------------------
ok... quite awhile back I had posted a list of all the companies and LLCs associated with CMKX that went into DEFAULT. At that time I gave question to DELTA MINING because it DEFAULTED around the same time as the rest.

Well lo and behold DELTA mining is ACTIVE again as of 6/15/2005. To make matters more interesting, the President of Delta is Dr Barry Rayment! Remember him? He was hired by SGGM as an advisor / consultant.

COINCIDENCE?? only time will tell...... any connection?? who knows?? just found this very interesting.


DELTA MINING AND EXPLORATION CORP.

Corporation Information
Status: Active on 6/15/2005 File Date: 9/19/1996
Type: NRS78 - Domestic Corporation Corp Number: C19800-1996
Qualifying State: NV List of Officers Due: 9/30/2005
Managed By: Expiration Date:
Foreign Name: On Admin Hold: False

Resident Agent Information

Name: REGISTERED AGENT SOLUTIONS, INC Address 1: 726 S. CASINO CENTER DRIVE, SUITE 207
Address 2: City: LAS VEGAS
State: NV Zip: 89101
Phone: Fax:
Email: Mailing Address 1:
Mailing Address 2: Mailing City:
Mailing State: Mailing Zip:

View all corporations under this resident agent

Financial Information

No Par Share Count: 0 Capital Amount: $ 5,000,000.00
Par Share Count: 5,000,000,000.00 Par Share Value: $ 0.001

Officers Include Inactive Officers

Secretary - ROBERT E MATHEWS
Address 1: 242 KINGS RD Address 2:
City: LEWISBURG State: KY
Zip: 42256 Country:
Status: Active Email:

President - BARRY D RAYMENT
Address 1: 645 SLEEPY HOLLOW LANE Address 2:
City: LAGUNA BEACH State: CA
Zip: 92651 Country:
Status: Active Email:
 
Posted by Ric on :
 
"Are earlier plans just now materializing?"

True

Phase II for Frizzle

Scam II for UC

Both plans probably have some scheme to milk more money from the cult. And they are more then willing to give it. But not sure what they expect from a revoked stock. Even if transfered to CIM they wold have to get SEC approval to go public. Like that will happen. But as SEC stated in its brief where UC tried to state even if they were revoke they would continue to trade on pinkshhet. UC can't make an end run. They will come after him.
 
Posted by legaleagle on :
 
Unless, "they" are in on it. Never know what SEC may agree to, to get their buddies off the hook.
 
Posted by bill1352 on :
 
well we do know the o/s on cim is at least 20 billion. with a starting a/s of 500 billion & being its brothers i'd say if cim goes public give it 6 or 7 months & the o/s will equal the a/s.
 
Posted by ed19363 on :
 
and the price will be .0001
 
Posted by ed19363 on :
 
quote:
Originally posted by CashCowMoo:
its not over until its over. people are counting chickens before they hatch. some people say no chickens will hatch and some say all of them will. i think ill go half.

When these eggs hatch, cows will come out, not chickens.
 
Posted by ed19363 on :
 
Just tell me when I can sell and clear the garbage out of my account.
 
Posted by will on :
 
I don't think you can sell, unless you'll take .00004 / .00005. If/when this CIM nonsense is offered it will be a new venture, and all these netted fish will go from the frying pan to the fire.
Might be worth a gamble at .0001, remeber they ran CMKX to .0011, lol. Now ask yourself, did I fire 5 shots or 6, punk ? Go head buy CIM at .0001 and make my day, punk !

quote:
Originally posted by ed19363:
Just tell me when I can sell and clear the garbage out of my account.


 
Posted by ed19363 on :
 
Regardless, my CIM (sic) shares are free to me. As soon as I see a price, they are gone.
Same with the rest of those divvies. Take the restriction off them and let me break even, and I never want to hear about a mining company again for the rest of my life. I'm sticking with cash dividend stocks from now on.

I havent fired my gun yet, so I still got 6 left. LOL
 
Posted by will on :
 
Well, look at it this way. We will still have hours, days, weeks, months, and hopefully years of fun with the faithful under a CIM thread. They will theorize themselves into convulsions. Shucks, they might even bring out some rethreads, Citi-Group, and all.
Wonder what CIM will sponsor, one of the racing boats? Maybe a privatized space shuttle ??
 
Posted by Upside on :
 
Posted by Will:
quote:
Well, look at it this way. We will still have hours, days, weeks, months, and hopefully years of fun with the faithful under a CIM thread.
I'll tell you one thing, if that happens I'm going to quickly become the Sterling of CIM and gain access to the CIM inner circle. Billions of shares handed over to me just for making up some ridiculous theory? How hard can it be?
 
Posted by will on :
 
Well, you better sell 'em first sign of a run, because they will end up being revoked some day too. Good luck, my enterprising friend, SterlingUp.

quote:
Originally posted by Upside:
Posted by Will:
quote:
Well, look at it this way. We will still have hours, days, weeks, months, and hopefully years of fun with the faithful under a CIM thread.
I'll tell you one thing, if that happens I'm going to quickly become the Sterling of CIM and gain access to the CIM inner circle. Billions of shares handed over to me just for making up some ridiculous theory? How hard can it be?

 
Posted by Upside on :
 
SterlingUp, hmmm. Doesn't have that ring to it, gotta come up with something better.
 
Posted by ed19363 on :
 
I changed my mind, I no longer want to be filthy rich, I just want part of my sanity back....LOL
 
Posted by will on :
 
Sorry ed, your sanity has been revoked !
 
Posted by Ric on :
 
lol will
 
Posted by bill1352 on :
 
just remember the phrase "reliable source" UP. with that added you can just about add anything & they will believe it. oh ya you need a nickname with some sort of precious metal in it.
 
Posted by Upside on :
 
Posted by Bill:
quote:
oh ya you need a nickname with some sort of precious metal in it.
Uraniup?
 
Posted by bill1352 on :
 
how about diamondside...referance to ironsides, the old tv show, iron bob connection, a bit weak there but in cult land weak connections are gold (forgive the pun..lol)
 
Posted by will on :
 
how bout, UrAnusUp or UpUrAnus?

quote:
Originally posted by Upside:
Posted by Bill:
quote:
oh ya you need a nickname with some sort of precious metal in it.
Uraniup?

 
Posted by Upside on :
 
That's not bad, I'll consider it. Gotta wait and see what they claim they're mining for this time around though.
 
Posted by bill1352 on :
 
i wanna know how i got 2 stars on pb32. i'm up to the rank of diamond finder...this can't be a good thing....lol


add that to this & i think maybe i've been too kind in my wording over there..lol


noahltl
Diamondologist

member is offline




Joined: Aug 2004
Posts: 441
Re: CIM activated today on Nevada SEC / State
Reply #23 on Today at 1:44pm

--------------------------------------------------------------------------------
Hey byrd, I have hopes for bill. If he is here long enough, he may actually figure this thing out and come over. LOL
 
Posted by Upside on :
 
Bill, it's happening to you already and you don't even see it. Right now you're probably telling yourself that you can quit posting there anytime you want, right? Be careful, I can already see their tentacles wrapped around you, they just haven't sucked you in completely yet.
 
Posted by GatorMan on :
 
What's this "pb32" you guys reference from time to time? I know its a board, but whats the URL?
 
Posted by stockster5 on :
 
Okay.. I think I got it all figured out concerning UC. He's stalling for time..see.,
He's secretly working for the "grays" (aliens).
UC is getting cash and euros and galactic gold nuggets in providing his expert mining knowledge to the "grays" so they can mine the moon and close by asteroids as well. UC needs to pacify the 'grays' until they provide him with a ship and personal to set up mining in space. Also, the 'grays' own 450 billion shares of cmkx so UC doesnt want to piss them off.
Makes perfect sense, don't you think.
Youre all welcome, glad I could ease your minds.
S5
 
Posted by Upside on :
 
Every bit as plausible as the other theories spun here, in fact, maybe even more so.
 
Posted by stockster5 on :
 
I think maybe everyone's alittle too close to the trees here. I thought it was the MM's who control the otc and pink sheet. They can stand on a stocks neck anytime they want.
The truth is out there!......

But then again... I was abducted by the 'grays', but only my shrink believes me.


S5
 
Posted by Ric on :
 
SEC response to cmkx brief

http://www.cmkxownersgroup.com/SECResponsetoCMKXBrief.pdf
 
Posted by Doctoall on :
 
To Be REVOKED: Oh my what a shock. like we did not see it coming [Big Grin]
 
Posted by Doctoall on :
 
quote:
Originally posted by Doctoall:
To Be REVOKED: Oh my what a shock. like we did not see it coming [Big Grin]

And some of us have already sent letters to the SEC about CIM in order to prevent another scam from happening. Another scam being put together by Urban et al.
 
Posted by Ric on :
 
Response from TD Waterhouse Canada. Basically they say. What are you talking about. We don't see anything bad with regards to CMKX.

http://www.cmkxownersgroup.com/ResponsefromTDWCanada.pdf
 
Posted by ed19363 on :
 
i wanna know how i got 2 stars on pb32. i'm up to the rank of diamond finder...this can't be a good thing....lol

Over there it goes by how many posts you have. There are no votes, so the stars basically tell how chatty you are....LOL
 
Posted by ed19363 on :
 
quote:
Originally posted by Ric:
SEC response to cmkx brief

http://www.cmkxownersgroup.com/SECResponsetoCMKXBrief.pdf

They've turned the heat on high now. In all good conscience I cant disagree with what they are saying either. All UC had to do to stop this whole fiasco was to file.
IMO, the judge has very little choice if she follows the letter of the law.
 
Posted by bill1352 on :
 
that SEC sure has a big set of brass ones don't they. i mean using truth & facts to question anything CMKX might say? the nerve of those clowns. dont they understand you have to read whats not there to know whats going on? why the cmkx cult doesn't care how long it takes 20 or 30 yrs from now is fine with them. they can sit & dream & post how its gonna happen any day now for yrs without losing faith. what right does the SEC have to tell the cult what to think & believe anyway? dont they know that financial records, share structure, proof of claim value, records of how & why shares are sold have nothing to do with serious DD??? this whole mess is just unbelievable.
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
quote:
Originally posted by Ric:
SEC response to cmkx brief

http://www.cmkxownersgroup.com/SECResponsetoCMKXBrief.pdf

They've turned the heat on high now. In all good conscience I cant disagree with what they are saying either. All UC had to do to stop this whole fiasco was to file.
IMO, the judge has very little choice if she follows the letter of the law.

Ed, you are right, all UC had to do was file. So................why didn't he? Maybe he wants to be revoked?
 
Posted by will on :
 
"Ed, you are right, all UC had to do was file. So................why didn't he? Maybe he wants to be revoked? "

ed, I dare you to ask, why?
 
Posted by bill1352 on :
 
rotflmao legal...i think that idea has been posted in here for about 6 months now, either that or bankruptcy anything but having to be a real company...its called the master plan.
 
Posted by Upside on :
 
He didn't file because it would show somewhere close to a hundred million dollars in stock sales frittered away on personal pleasures.
 
Posted by Wallace#1 on :
 
GatorMan:
"What's this "pb32" you guys reference from time to time? I know its a board, but whats the URL?"

"pb" = piled bullsh:t 32 (feet deep).

Upside/Bill,

I recently heard that Ron Casavant, at his father's insistence, discovered "CIMonium". I understand it is an almost never found rare substance worth $billions/gram.
 
Posted by legaleagle on :
 
quote:
Originally posted by Upside:
He didn't file because it would show somewhere close to a hundred million dollars in stock sales frittered away on personal pleasures.

Link to the "evidence" UP?
 
Posted by will on :
 
Yea, Up, only positive theories can be posted without links to evidence. Never mind the preponderance of evidence when you post negative, only they can use that standard, you need hardcore proof.
Your accusation has 0 probability, their theories have a much higher confidence rating, even though we been sitting here for over year and have yet to see one materialize.
 
Posted by legaleagle on :
 
Sit a little longer, will. I think you will see. Too late for you, but you will see.
 
Posted by Upside on :
 
www.cmkxtreme.com
Still looking for the link to the new home
 
Posted by legaleagle on :
 
Did CMKX pay for the race car, or CMKXtreme, a private company, for which you have no financials.
 
Posted by legaleagle on :
 
Double post.
 
Posted by Wallace#1 on :
 
I sure do hope they find a nice prison with hard core inmates in it for Urban Casavant et al. Someone will be sure to like his fat ass.
 
Posted by will on :
 
I'm sure I will, noah. Another DEAD END NO OUTLET !

quote:
Originally posted by legaleagle:
Sit a little longer, will. I think you will see. Too late for you, but you will see.


 
Posted by legaleagle on :
 
As you look for the home, please be aware that Urban had leased that home for some years from his business manager. Probably had ownership rights all along, like lease/option for tax purposes. And while we know the value, we will probably never know the actual purchase price.
 
Posted by will on :
 
You're not going to ask for a link to the lease/option evidence, Up ? LOL Or is probably a good enogh standard for that assumed fact?
 
Posted by Ric on :
 
Maybe they can get Willy with him. Then you can have two fat azzes flopping at the same time. They deserve each other.
 
Posted by legaleagle on :
 
It has nothing to do with positive / negative theories, DD etc. It has to do with publicly accusing someone of a crime. If you do that, I would think, at a minimum, that you want a link to support that kind of charge or insinuation.
 
Posted by will on :
 
I don't think the proper term is "flopping" ??? Never been in prison, so I don't know for sure.
It might enlighhten them and give a better understanding of the word, "drilling".

quote:
Originally posted by Ric:
Maybe they can get Willy with him. Then you can have two fat azzes flopping at the same time. They deserve each other.



[ June 29, 2005, 21:38: Message edited by: will ]
 
Posted by Upside on :
 
Posted by Legaleagle:
quote:
Did CMKX pay for the race car, or CMKXtreme, a private company, for which you have no financials.
CMKX did. CMKXtreme was not in existence when the racing started. They've only been around since May/June of last year. By the way, that makes two Casavant companies that we have no financials for.
 
Posted by legaleagle on :
 
quote:
Originally posted by Upside:
Posted by Legaleagle:
quote:
Did CMKX pay for the race car, or CMKXtreme, a private company, for which you have no financials.
CMKX did. CMKXtreme was not in existence when the racing started. They've only been around since May/June of last year. By the way, that makes two Casavant companies that we have no financials for.
Many more than two.
 
Posted by legaleagle on :
 
"CMKX did. CMKXtreme was not in existence when the racing started. They've only been around since May/June of last year. By the way, that makes two Casavant companies that we have no financials for."


CMKXtreme: Incorporated: 5/7/2004 Sponsorships are renewed yearly.
 
Posted by Upside on :
 
Right, and they were racing at least as early as April, possibly earlier.
 
Posted by bill1352 on :
 
cmkxtreme paid for by cash from cmkm diamonds...i dont see the connection....now the fact that mahoo worked for the fbi has to mean he got all of his goverment friends going on the ns issue. why i bet there are facts sitting in the supreme court right now waiting for the sec to revoke cmkx so that good old iron bob can have them shut down for messing with any company he is connected too.
 
Posted by ed19363 on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by ed19363:
quote:
Originally posted by Ric:
SEC response to cmkx brief

http://www.cmkxownersgroup.com/SECResponsetoCMKXBrief.pdf

They've turned the heat on high now. In all good conscience I cant disagree with what they are saying either. All UC had to do to stop this whole fiasco was to file.
IMO, the judge has very little choice if she follows the letter of the law.

Ed, you are right, all UC had to do was file. So................why didn't he? Maybe he wants to be revoked?
Can you post a link proving that he wants to be revoked?
 
Posted by Upside on :
 
This really is getting to the point where it borders on insanity. Now that revocation appears to be imminent the new rallying cry is "that's what we wanted all along". Revocation is the right and proper thing to do for the reasons the SEC spelled out, to protect investors, both future and current. These people are going to continue to buy this regardless of what news comes out, it's crazy. Sad to say but they really do have to help those who can't help themselves. Read some of the posts here and elsewhere, "Pre-Merger Syndicates", "Dogs of War", "Master Plans", "Roll Ups", "Roll Overs", "Worldwide Conglomerate", the list goes on and on. It's the stuff of a cheap, poorly written spy novel but people are buying into it and making up new ones everyday. This is a scam that Urban let get way out of control and people invested their life savings into it. Not only should they be shut down but Urban et al should be prosecuted to the fullest extent of the law.
 
Posted by Upside on :
 
And by the way, he does want to be revoked. He's thinking it's all over then and he can get on with his newly acquired wealthy lifestyle. Let's hope that's not the case. He should be answering for this for the rest of his days.
 
Posted by ed19363 on :
 
Amen
 
Posted by will on :
 
Well, I think they shouldn't be revoked. I think they should be allowed to keep trading. I also think they should raise the A/S to 10 Trillion, so CMKX can sell more stock, and dilute this thing to maybe an O/S of 7 or 8 Trillion. These mutts will continue buying and buying. Cashing in their 401K's, their pensions, hopefully taking second and third mortgages on their homes. Keep buying it, buy it as CMKX, buy it as CIM, buy it as POS, whatever they call it, BUY ! BUY ! BUY! As debbie would say, at .0001 it's on sale, deep discount prices, buy! Let 'em buy at 5 digits, .00001 so they can have 10 million shares for $100. Cash in your filthy, putrid, sickening, sad, lives. Ruin yourselves, ruin your family, sell your kids into slavery for money to buy CMKX.......but don't ever admit you are wrong. Don't worry somehow someway, justice will visit these people who pump this POS. It's kicking 'em in the ass right now, and they like the pain. Again they take bad and tell you it's good. I've been saying it for a year. They can take worse case facts and make a miracle out of it.
He's dead Jim, he's dead. Oh! Thats ok Bones, he just dead, he'll be alright.
The CMKX sheriff will visit their accounts with a bag full of 0's pretty soon.
Yea they're rich alright, rich with nonsense and imagination.
Keep buying it you fools.
 
Posted by Upside on :
 
That's the thing, they will keep buying no matter what. That's why it needs to be revoked. 10 trillion a/s? No problem, that's only the a/s, the true o/s is as low as 50 shares. Everything else is naked shorts. It's wrong and there are so many 1st time investors in this stock that had dreams of millions and threw everything they had into it and they're now 16 days away from being bankrupt.
 
Posted by bill1352 on :
 
if i'm UC i'm pissed at the shareholders about now. i bet his master plan didn't include an OG. i bet he is just thrilled with frizzy about now. and there is not thing 1 he can do about it. if he complained at all the cult would turn like rabid dogs. this cult has a lot of irrational ppl in it, just the lost in space theories they are coming up with today prove no clear thinking is involved. they think the SEC will let UC roll everything into CIM & go public. 500 billion a/s, over 20 billion in the o/s now & his track record. 1 female wrote the judge a very well written letter, very strong language but articulate & well thought out. 1 problem... it was over hakala asking the just why the shareholders would have questions to ask. the idea that hakala was asking the only questions shareholders should have been demanding for over 2 yrs escaped this lady's grasp. the SEC is evil & untrustworthy because they are demanding CMKX file. she states how shareholders trust UC & firmly believe cmkx has great value in its future. the SEC only cares about NS'ing & hiding it.
 
Posted by will on :
 
...and if you talked to those "poor souls", they will tell you they believe in Dr. D, they belive in Willy Wanker, they belive in all these goofs. If their resolves weakens, and they doubt these Gurus, there is a second layer of fools, like our good friend noah that supports this nonsense. Hey! Let them keep buying, let them starve, it will cleanse the gene pool, I wouldn't have one second of sympathy if they start jumping off buildings. They need to be gone, they enable these cmpanies to continue this bullchit.
 
Posted by bill1352 on :
 
then again guys i'd say we also have a problem. for a yr we have been watching this train wreck in slow motion, rubbernecking & back seat driving all the way...lol
 
Posted by Upside on :
 
Bill,
After hearing about your PB postings I went over there today to read some of the posts, 1st time I've been there in a long time. That is nothing more than an insane asylum. There might be 5 or 6 level headed people posting there but when they raise a concern, everyone blasts them. There's no discussing it. If you have negative thoughts, sell. That's their line. Here we're accused of being a negative board (which we are) but no one is invited to leave when they disagree with us. I won't be venturing over there anymore, that truly is the lunatic fringe.
 
Posted by Ric on :
 
I think the small investor or anyone that was suckered in this by the pumpers should sue all of them. Just go to PB and RB and IHub and CT, and Yahoo and any others. Find everyone that shamelessly pumped this with false theories and sue the butts off. Yes UC ran a scam but these people did worse. They are the ones that truely convinced the housewives, unemployed, and disabled into a pipe dream. Given them this false hope of a diamond fortune with no facts to base it with. Only mineral right to land beside a diamond company. They took nothing because UC gave them nothing and they made it into a fantasy. Of course UC and his cohorts should be included in the suit but these guys shouldn't be left out.
 
Posted by bill1352 on :
 
ya well i've never been called sane once in my life..lol. i'm shocked i wasn't booted today. after noticing the stars i quit being as nice about it...lol
 
Posted by Upside on :
 
This is the kind of garbage I'm talking about. I know it's long but read this persons post. People are applauding him and actually believe that someone has finally figured out Urbans Master Plan.


Originally posted by some lunatic at PB:

quote:
MULTIPLE STREAMS OF INCOME!!!
Thread Started on Today at 6:45pm

--------------------------------------------------------------------------------
During this past year numerous posters have speculated
to the possibility that CMKX would merge into CIM and lose its own identity....

What has concerned me about that is the fact that Urban has told numerous people at the races that CMKX would be a heritage stock. How can you have a heritage stock that merges into another entity and simply vanishes???

Also, if CMKX were to merge into CIM then how do you take possibly 2-3 trillion shares with you into another clean entity (No NSS) and why in the world would you want to do that....???

Some may say that the answer to that would be a Reverse Split but Urban has repeatedly stated over and over again "NO Reverse Split."

If Urban only took cert holders with him then can you imagine the mess of a situation that he may face with furious shareholders who feel lost in the shuffle....!!!

How do you solve this so that everybody is happy...???
How about the people who may have ordered their certs at the last minute and whose orders simply did not get filled in time before the transfer agent says "NO MORE CERTS"....???

If CMKX were to merge into another entity then how would you explain the mega bucks that have been spent on promting the CMKX name....??? That would all be a waste!!!

This has had me very puzzled up until now....Perhaps Urban's plan all along was to create multiple streams of income....!!!

Just this past week the poster, hermannmaier, provided a link at my request to a PR that was released July 19, 2004. I had read it as I had read all of the PRs and did not give it much thought at the time. The PR I am referring to says CMKM Diamonds, Inc. has agreed to invest US$1,000,000 in Casavant International Mining rreferred to as (CIM). CMKM Diamonds, Inc. will receive in return a 10% lifetime royalty on all mineral claims of CIM. Wow!! How in the world did I not take notice to that one last year......???

Then along comes Vindication LLC, a new Las Vegas corporation that has UC and Maheu's stamp all over it!! And get this- they will be releasing their officers on 6/30 at 12:01 am- just one day before our beloved Judge Murray can rule on our administrative hearing!!! You may ask what does that have to do with anything....???

I have always thought that CMKX would not passively wait until the Judge rules on our case. That is just not the style of UC and Maheu. They are the types to take matters into their own hands and throw them a curve ball. IMO I believe that CMKX will halt the trading of thier own stock then transfer the remainder of their assets into Vindication LLC (which would function as a holding company). Keep in mind that most of the assets have already been transferred out of CMKX into other entities or J/Vs.

In this scenario Vindication LLC would hold all shares (both electronic and NSS) and would trap shorty into paying on these shares for many years to come with yearly dividends. The beauty of this is that since shorty cannot sell the stock then he cannot make the money on the spread difference nor can he cover quickly while shareholders are rushing to sell quickly at the slightest spike in the pps. Perhaps Urban's plan is to take CMKX private and use it for the retail end of the business but shorty would still be locked in forever!!!

If CMKX were to let their stock continue to trade on the open market then shorty could simply choose to not make a market for our stock at all if they saw a really big squeeze coming. Or the brokerage houses could collectively decide to not make a market for our stock anymore if they have gotten in too deep. Or the MMs could simply file bankrupty. This way they would be allowed to stay in business but would pay dearly each year for years to come!!! Extended pain that they would not forget!!!

Now back to the multiple streams of income.....
In my earlier thread, Starlight's Theory, I speculated that CMKX agreed to be a guinea pig in a sting operation for the SEC and the SEC agreed to reward them with the lion's share of the DTC's insurance policy in their efforts to folow the money trail of funds that could be seeping out of our country to fund offshore terrorits activities. This would explain why CMKX chose to go from reporting to non-reporting status and why the Regulations SHO has a Grandfather Clause to protect the governemnt from being liable for any and all NSS that existed prior to Jan. 2005 (that has not been proven- We have according to the OG group and already had a plan in place.

In this scenario we would get the lion's share of the DTC's insurance policy- but how would the MMs pay...???
Now with the Vindication LLC in place this is just too perfect for words!!! So in this situation CMKX would remain a separate entity under Vindication LLC (probably private) and CIM would IPO and all those who already have shares would also benefit from any sale of their stock when the restrictions are lifted in a few months.

Then our valuation would finally be released under CIM. All claims that belonged to CMKX that had been dispersed into other entities would then merge back into CIM, all our JV's would do their own IPOs and
then all merge together down the road while CMKX (which would be private) would handle all of the retail part of the business. Those who did not get the early CIM dividends would be allowed to buy into CIM at pre-IPO prices. And we would all get yearly dividends (royalties) from our CMKX stock from shorty under Vindication LLC!!!

Please keep in mind that the above scenario is just my opinion so please treat it as such.....!!!

Still Keeping the Faith....!!!

Starlight


 
Posted by will on :
 
The gene pool needs cleansing !

You guys feel sorry for these idiots?

Don't revoke them, raise the A/S to 10 trillion, let them get all of what they don't really want.

I had enough, I'm going to bed.
 
Posted by Ric on :
 
That hurt my head. Please don't post anything like that again. Man what a headache.
 
Posted by ed19363 on :
 
Trap Shorty, wasnt that a movie?? lol
 
Posted by tarq3 on :
 
***CIM active now 6/29***

http://hahaha.com/dm6vc

CASAVANT INTERNATIONAL MINING CORPORATION


Corporation Information

Status: Active on 6/29/2005 File Date: 1/21/2003
Type: NRS78 - Domestic Corporation Corp Number: C1291-2003
Qualifying State: NV List of Officers Due: 1/31/2006
Managed By: Expiration Date:
Foreign Name: On Admin Hold: False


Resident Agent Information

Name: OSHINS & ASSOCIATES, LLC Address 1: 1645 VILLAGE CENTER CIRCLE
Address 2: STE. 170 City: LAS VEGAS
State: NV Zip: 89134
Phone: Fax:
Email: Mailing Address 1:
Mailing Address 2: Mailing City:
Mailing State: Mailing Zip:

View all corporations under this resident agent

Financial Information

No Par Share Count: 0 Capital Amount: $ 500,000,000.00
Par Share Count: 500,000,000,000.00 Par Share Value: $ 0.001


Officers Include Inactive Officers

President - RON CASAVANT
Address 1: 1645 VILLAGE CENTER CIRCLE # 170 Address 2:
City: LAS VEGAS State: NV
Zip: 89134 Country:
Status: Active Email:

Treasurer - RON CASAVANT
Address 1: 1645 VILLAGE CENTER CIRCLE # 170 Address 2:
City: LAS VEGAS State: NV
Zip: 89134 Country:
Status: Active Email:

Secretary - MICHAEL D WILLIAMS
Address 1: 1645 VILLAGE CENTER CIRCLE # 170 Address 2:
City: LAS VEGAS State: NV
Zip: 89134 Country:
Status: Active Email:

_________________________________________________

http://hahaha.com/b256s

CMKM DURANGO TRAILS, LLC


Corporation Information

Status: Active on 6/29/2005 File Date: 1/28/2005
Type: NRS86 - Domestic Limited-Liability Company Corp Number:
LLC2061-2005
Qualifying State: NV List of Officers Due: 1/31/2006
Managed By: Managers Expiration Date: 1/28/2505
Foreign Name: On Admin Hold: False


Resident Agent Information

Name: OSHINS & ASSOCIATES, LLC Address 1: 1645 VILLAGE CENTER CIRCLE
Address 2: STE. 170 City: LAS VEGAS
State: NV Zip: 89134
Phone: Fax:
Email: Mailing Address 1:
Mailing Address 2: Mailing City:
Mailing State: Mailing Zip:

View all corporations under this resident agent

Financial Information

No Par Share Count: 0 Capital Amount: $ 0
No stock records found for this company


Officers Include Inactive Officers

Manager - CMKM DIAMONDS INC A NEVADA CORPORATION
Address 1: 1645 VILLAGE CENTER CIRCLE # 170 Address 2:
City: LAS VEGAS State: NV
Zip: 89134 Country:
Status: Active Email:
 
Posted by bill1352 on :
 
legaleagle
Member


Member Rated:
posted June 29, 2005 21:20
--------------------------------------------------------------------------------
It has nothing to do with positive / negative theories, DD etc. It has to do with publicly accusing someone of a crime. If you do that, I would think, at a minimum, that you want a link to support that kind of charge or insinuation.


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


i think that support is in the transcript from court. lets see 360 shareholders, doesn't call t/a...oh ya lets not forget the 5th being used.
 
Posted by tarq3 on :
 
Responce from TD Waterhouse Canada

http://www.cmkxownersgroup.com/Response...Canada.pdf
 
Posted by Vinny on :
 
All you bashers will be really pissed that you didn't buy when this takes off [Smile]
 
Posted by Ric on :
 
And hows that, even if the judge lost her mind and didn't revoke this. You still have a o/s of 703 billion shares. Anyone that thinks 703 billion shares can move needs there head examined. But for sure needs to get out of the stock market because you have no understanding on how it works.
 
Posted by legaleagle on :
 
DR DIAMOND MESSAGE


DrDiamond
Global Moderator

member is offline


Dr.D and Ron Casavant


Joined: Aug 2004
Gender: Male
Posts: 1,050
Location: Kentucky
STP, Dematerialization, Grandfathering, etc...
Thread Started on Today at 2:09am

--------------------------------------------------------------------------------
I would like to thank everyone for their letters and phone calls concerning my brother that is at home as of today and is doing much better and they are expecting a full recovery. Also many have communicated to me referencing my statements about the following issues.

(1) The authority of the SEC to implement the Grandfathering in of NSS is being challenged and some in the House and Senate are listening

(2) The efforts we need to take concerning the very real and immediate problem of "Dematerialization" (Elimination of paper stock certificates) being thrushed through our states by the SEC (Annette Nazareth), the DTCC (Jill Considine), the NSCC and the SIA (Securities Industry Association). Appeal to your Governor to change their minds about "dematerialization" as it is a means to another end that we won't like, IMHO.

(3) The SEC, DTCC, and the NSCC are working very hard for a full implementation of STP (Straight Through Processing) that will be operated by OMGEO a subsidiary of DTCC. This is T+0 settling with no paper certificates to back up the trading. Direct Registration of your securities will not stop, hinder, or prevent the STP future "failure to delivers" from being converted into counterfeited NSS. I'll explain a lttle better below.

(4) Once Dematerialization is complete, STP will be permitted to run wide open with more than likely an order from the SEC to ban the ownership of paper stock certificates.

I will try and explain briefly below.

I have been trying to get the word out about the "dematerialization" (the wiping out of paper certificates) push by Jill Considine (DTCC), Annette Nazareth (SEC), Securities Industry Assoc., and the NSCC. The desire to eliminate the "paper stock certificates" is part of the agenda to move to "STP (straight through processing)" which is same day settling (T+0). This is possible, but the cost is going to be the complete loss of any possibility of having a true, honest, market with integrity to protect the company and the shareholders. Literally and end to any hope of "transparency" from the market place and the regulators as their will be no practical means to apply any pressure to get needed information.

OMGEO handles the STP operations for the DTCC and unless the "Dematerialization" effort is completed, the DTCC cannot move truly to STP in the market place, thus capturing the entire market process for them and eliminating the transfer agent for the most part.

Right now we have 6 billion dollars a day worth of trades that are "failing to deliver". Statistics say that only 18% of them can legitimately be covered by the NSCC's "borrowing pool" leaving the remaining 82% to take on, imho, "counterfeit status" (NSS).

These incredible FTD's are coming under a T+3 settling formula and the NSCC, DTCC, and SEC is blaming "paper stock certificates" for the delays that are causing the failures. If the SEC is this blind or naive, then we need to rewrite the system and overhaul the SEC from the top to the bottom. The DTCC and the NSCC are throwing NSS's into the mix to get the transaction volumes plus the positions that they may never have to cover and in turn is placing the blame on "paper certificates".

The current T+3 settling formula is swamping the market system with failures that can't be covered because the problem is the NSS that are being allowed in the market place and the SEC acts as though it believes these failures are because the shareholders are holding back paper certificates and the processing time is taking to long.

Right now this is sticking out like a sore thumb, but when STP (T+0) is running full speed ahead then the daily FTD's will be enormous daily and will thus become the norm and companies experiencing NSS will be lost in the swarm.

What is holding up the SEC, DTCC, NSCC, etc... from running "STP" at full speed? "Dematerialization" is incomplete. We still have 2 states (ARIZONA and LOUISIANNA) that require companies to issue paper stock certificates to shareholders of record and as long as these state laws require companies trading to issue paper stock certificates "dematerialization" is on hold along with "STP".

When "dematerialization" is accomplished, IMHO, the SEC will step in and BAN / OUTLAW/ MAKE IT ILLEGAL for anyone to own or hold paper stock certificates. All in the name of speeding up the settling process.

When this is accomplished and made law by the SEC then there is no way any company or Transfer Agent is going to be able to verify it's shareholders or track a possible "professional trading position" being held against the company because all of the info will be held by the NSCC, the DTCC, and the SEC. We have already seen the performance of these regulating organizations when they are approached for disseminating of information. Even when a company is trying to protect itself in an Administrative Hearing, the company cannot get a court order or FOIA to work for them. This is the "ISSUING COMPANY" that has reporting obligations and for whom these regulating agencies are supposed to be cooperating. These companies whether in desperate situations or not are prohibited from seeing or obtaining information on their company that is by "all rights", imho, their particular right over and above the rights of the SEC, the DTCC, or the NSCC, etc....

A bad situation is developing and I for one have been contacting anyone that will listen and I have suggested that all who will, to please write their Governor and have them reverse their decision that withdrew the requirement of Companies to issue "paper stock certificates".

Along with that our legislators have to be contacted and confronted to make a decision on this issue ASAP.

Thanks for listening.

Concerning the other issues at hand for CMKX, I believe we will do well to stay on board and ride this thing out as the options are many for the company and the SEC, DTCC, and NSCC are being backed into a corner by the Company (CMKX), the Owners Group, and these incredible shareholders of CMKX that simply refuse to go away quietly.

Thanks for all of your help.

Success is still at hand.

These are all just my opinions and I ask that you treat them as such.

Dr.D
 
Posted by ed19363 on :
 
quote:
Originally posted by Vinny:
All you bashers will be really pissed that you didn't buy when this takes off [Smile]

All you pumpers will be really pissed that you didn't sell before it was revoked.
 
Posted by ed19363 on :
 
Dr.D
Add this clown to the list for the class action suit.
 
Posted by Ric on :
 
Don't forget the "we are close to reporting" lies all last year. The 400 billion share lie. Meeting people at the slot machines and being at the race track almost every week blowing the investors money. The problem is there is no support from the cult that this is anything but a scam. All you can offer is theories with no facts and unexplored claims and worthless divy's don't mean anything.

quote:
Originally posted by bill1352:
legaleagle
Member


Member Rated:
posted June 29, 2005 21:20
--------------------------------------------------------------------------------
It has nothing to do with positive / negative theories, DD etc. It has to do with publicly accusing someone of a crime. If you do that, I would think, at a minimum, that you want a link to support that kind of charge or insinuation.


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


i think that support is in the transcript from court. lets see 360 shareholders, doesn't call t/a...oh ya lets not forget the 5th being used.


 
Posted by g-invest on :
 
The Plan:
1) Get an authorization for 50 billion shares.
2) Release 50 billion shares at .0001 per share
3) Pocket the 5 million and bail on your court date.
4) Win.
 
Posted by will on :
 
Wrong thread, ace ???

quote:
Originally posted by g-invest:
The Plan:
1) Get an authorization for 50 billion shares.
2) Release 50 billion shares at .0001 per share
3) Pocket the 5 million and bail on your court date.
4) Win.


 
Posted by legaleagle on :
 
Annette Nazareth in Trouble


http://www.investrend.com/articles/article.asp?analystId=0&id=16479&topicId=160&level=160

June 30, 2005 (FinancialWire) The Wall Street Journal, a publication of Dow Jones (NYSE: DJ), has editorially joined the parade of detractors who believe that U.S. Securities and Exchange Commission Director of Market Regulation Annette Nazareth should not be promoted to sit on the SEC itself.

As FinancialWire reported May 19, Nazareth had been quoted in February in the New York Times as doubting that threshold companies such as Overstock (NASDAQ: OSTK), Martha Stewart Living Omnimedia (NYSE: MSO) or Novastar Financial (NYSE: NFI) were being manipulated, and that victims of illegal naked short sales are simply people who want their stocks to go up.

She had said those who complain of their losses to illegal trading activity have an attitude that its a criminal conspiracy when stocks move the wrong way, and the government should do something about it.

What is criminal, said one who believes Nazareths appointment, so far championed by U.S. Senators Charles Schumer (D-NY) and Harry Reid (D-NV), would be disastrous for small investors who someday expect justice and a fair playing field in the markets, is that someone could be in a position of authority at all with this kind of anti-investor attitude.

According to the Journal, The Bush administration could start (reform) by making clear that it has no intention of promoting Annette Nazareth, the current director of market regulation and a policy ally of Mr. Donaldson, to one of the two Democratic SEC Commissioner slots. That would be one small step toward restoring the agency's respect for the rule of law.

Recently a stock transfer agent, Transfer Online Inc., had asked SEC Chair William Donaldson to put a stop to the control the Depository Trust & Clearing Corp. and Automatic Data Processing (NYSE: ADP) are fast gaining over the transfer business, and to demand DTCC transparency.

Excerpts from the letter, posted at http://www.faulkingtruth.com/Articles/LettersToEditor/1012.html , states: Over the years as the amount of shares held at DTC has increased it has become more and more difficult to determine who owns the shares, who is trading them and if the trading is proper. This trend, and the resulting problems I will detail below, continues to increase because a minority of the total number of shareholders are reflected on the books and records of the corporation, most activity takes place behind the wall of ownership that is designated as Cede & Co. and neither the company nor the transfer agent has any access to the underlying information.

Furthermore, DTC recently managed to put through a rule change (Release No. 34-50758A; File No.S7-24-04) that prohibits a transfer agent from representing any company who seeks to withdraw from the DTC system. This change effectively leaves companies with no voice or choice in the management of their stock and their ability to have any transparency as to what is actually taking place in the market in regard to their stock.

I receive calls from companies seeking information as they watch millions of shares trade in a single day, who watch their share price decrease in value and who have no access to information regarding who is behind the trading of these shares, or if in fact the trades are at all legitimate. As the system now operates, most companies have a large percentage of shares on their books registered to Cede & Co.

Given the importance of shareholder voting and communication one would assume that the same requirements placed on transfer agents as to accuracy and reporting would be placed on ADP and Cede & Co. as they usually hold or service the majority of the shares owned in any given company.

I have found; however, that when presented with the tabulation reports from ADP the share totals they report sometimes exceed the total number of shares outstanding for the company. Let me restate this because it is a very important part of my concern about a system that is more and more headed in the direction of increased control by DTC. The shares presented by ADP, that are the shares voted by the brokers on behalf of the shareholders for whom they hold accounts, EXCEED when added to the shareholders of record the total number of shares outstanding.

Where are these extra shares coming from? Why are there no controls on the number of shares held in the nominee name Cede & Co. vs. the ownership on the books and records of the brokers and why is the company not privy to any information unless it pays whatever fees it is told it must pay by the organizations that control the data?

In fact, as the system is evolving, DTC is de facto becoming the largest transfer agent in the industry even though it is an organization formed by and working for the interests of the brokerage community. If, ultimately, the S.E.C. is in place to protect investors then this issue can not be ignored because in the end when the market is completely under the control of the brokers and the organizations that represent them then the market can neither be transparent nor fair.

In other Stockgate news, Senator James Talent (R-MO), has joined U.S. Senators Richard Shelby (D-AL), Susan Collins (R-ME), Robert Bennett (R-UT) and Richard Durbin (D-IL) in questioning U.S. Securities and Exchange Commission Chair William Donaldson about what they call the failure of Regulation SHO to curtail unlawful, predatory securities trading.

The current Senate line-up carries significant heft. Senator Collins is chair of the Homeland Security and Governmental Affairs committee, Senator Shelby is chair of the Senate Banking Committee, Senator Durbin is Assistant Democratic Leader and Senator Bennett is Republican Whip. The Senators letters are posted at http://www.americaneedstoknow.com

Stockgate Today publisher David Patch said that the Senators have 23 good reasons, citing that many companies, including Martha Stewart Living Omnimedia (NYSE: MSO), Delta Air Lines (NYSE: DAL), Krispy Kreme (NYSE: KKD) and Netflix (NASDAQ: NFLX), that remain not settled on the official threshold lists maintained by the New York Stock Exchange and Nasdaq five months later.

Stockgate Today is published at http://www.investigatethesec.com . The Senators letters to shareholders and the SEC are posted at http://www.americaneedstoknow.com

Patch said that most of the 23 companies hardest-hit by unlawful stock manipulations in full sight of market regulators, including those at the SEC, such as Annette Nazareth, head of market regulation, who belittles complaints as coming from those who want to see their stock go up, have had double-digit declines in stock valuations over the 94 days they have been on the highly-public list.

He also noted that in the March, 2005 Euromoney Magazine article on illegal naked short selling, Head of Market Regulation Annette Nazareths assistant, James Brigagliano said that prior lawbreakers were grandfathered because 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.

So does Ken Lay, but he cant, retorted Patch.

This disputed grandfathering has not yet been taken up by Congress, but the 23 companies on the threshhold list for over days are new transgressions, and presumably they cant be dealt with either because Nazareth and Brigagliano are concerned about generating volatility.

Also, in a blockbuster event almost equal to the mysterious postponement of the announced expose of the Depository Trust and Clearing Corp. by General Electrics (NYSE: GE) Dateline NBC, the U.S. Securities and Exchange Commission has inexplicably given the DTCs National Securities Clearing Corp. immunity in the form of limited liability for willful misconduct or violations of Federal securities laws.

The Notice regarding the SECs action is at http://www.nscc.com/impnot/notices/notice2005/a6029.pdf

These and other events, including the proposed nomination of Director of Market Regulation Annette Nazareth, who has characterized opponents of illegal market manipulation as people who just want their stock to go up, to become a Commissioner, is providing more and more fodder for the organizers of public demonstrations and lobbying in Washington June 6 and in New York June 7. The organizers, who are filming a documentary, say demonstrators now number over 600.

Some legal experts are questioning whether the SEC, without the approval of Congress, has the authority to limit the NSCCs liability. There have been similar questions about the SECs authority to unilaterally grandfather securities violations prior to Regulation SHO.

The new regulation is sure to be litigated since the DTCC and the NSCC were the subject of lawsuits claiming their stock borrow program is illegal counterfeiting, prior to the rule approval by the SEC.

The DTCC has also admitted to interfering with the media in impacting the distribution of FinancialWire on Yahoo (NASDAQ: YHOO) and elsewhere through malicious interactions with Investors Business Daily. The Important Notice from the DTCC regarding the NSCC demonstrates that the entities are a self-regulatory organization under the auspices of the SEC, which ramps up the media interference to First Amendment violations. FinancialWires counsel, Marshal Shichtman, Esq., is returning to the U.S. today and will be reviewing the new evidence.

The DTCC said that the approved changes create a uniform standard limiting NSCCs liability to direct losses caused by the NSCCs gross negligence, willful misconduct, or violation of Federal securities laws for which there is a private right of action.

In addition, the organization stated, the changes memorialize an appropriate commercial standard of care that will protect NSCC for undue liability, permit the resources of NSCC to be appropriately utilized for promoting the accurate clearance and settlement of securities, and are consistent with similar rules adopted by other self-regulatory organizations and approved by the Commission.

The DTCC had asked for the rule December 8, 2004. It is not known how the proposed rule slipped through the cracks on the public and Congressional levels prior to the approval.

The National Coalition Against Naked Shorting stated that the action was sought and approved hastily because they have been willfully violating securities laws for years, know that it will come out in court, and want to have a piece of paper to fall back on, adding that it corroborates the theory that the stock borrow program violates a host of securities laws, that the NSCC knows it, and that they have been counterfeiting stock for years and just now are starting to catch on to the idea that they will get caught.

Nazareth was quoted in February in the New York Times (NYSE:NYT) as doubting that threshold companies such as Overstock (NASDAQ: OSTK), Martha Stewart Living (NYSE: MSO) or Novastar Financial (NYSE: NFI) were being manipulated, and that victims of illegal naked short sales are simply people who want their stocks to go up.

She said those who complain of their losses to illegal trading activity have an attitude that its a criminal conspiracy when stocks move the wrong way, and the government should do something about it.

What is criminal, said one who believes Nazareths appointment, so far championed by U.S. Senators Charles Schumer (D-NY) and Harry Reid (D-NV), would be disastrous for small investors who someday expect justice and a fair playing field in the markets, is that someone could be in a position of authority at all with this kind of anti-investor attitude.

In his communication to SEC Chair William Donaldson, Sen. Durbin also contested the claim by the Depository Trust and Clearing Corp., a unit ot the New York Stock Exchange and NASD, that it has no responsibilities under Regulation SHO.

Senator Durbins letter to Donaldson appears to sharply contest the Depository Trust & Clearing Corp.s contention that it has no role in Regulation SHO.

I am writing to request information regarding the June 30, 2004 Securities and Exchange Commission (SEC) short sale regulation, designated Regulation SHO. On March 9, 2005, the Senate Committee on Banking, Housing, and Urban Affairs held a hearing on Regulation SHO, in which Chairman Bennett spoke with you about the regulations effects on the illegal practice of naked short selling. I thank you for your testimony and I hope that you can follow up on some of my concerns not fully addressed by the Banking Committee hearings.

I appreciate the efforts of the Securities and Exchange Commission (SEC) to control abusive short selling practices. As a result of Regulation SHO, the names of firms with large amounts of unsettled shares are published on the Threshold Security List daily. This list assists individual investors in making informed decisions about potential manipulation of the market, and gives regulators and investigators a centralized list of firms with significant numbers of undelivered shares. However, it has come to my attention that Regulation SHO may not be curtailing abusive naked short selling practices.

Several of my constituents have contacted me since the SEC introduces Regulation SHO. They have raised concerns about potential loopholes in settlement regulations. During your recent testimony before the Banking Committee, Chairman Bennett asked you about the ability of brokerage houses to shuttle unsettled shares every 13 days in order to avoid settling the borrowed shorted shares. Due to time constraints at the hearing, the committee did not receive a complete answer. This issue is worthy of a full response.

Additionally, my constituents have expressed concern about SEC enforcement of Regulation SHO. While the Threshold Security List publicizes securities that might have been manipulated, I am concerned that some securities repeatedly appear on the list. What steps is the SEC taking to investigate trading practices that result in vast quantities of unsettled shares, and to punish those people who violate SEC naked short selling regulations? What is the SEC doing to ensure that the Depository Trust & Clearing Corporation (DTCC) is complying with Regulation SHO, and what actions does the SEC undertake when the DTCC identifies large quantities of shares that have not been delivered?

It is important that the SEC identify abuses and prevent manipulative naked short selling practices that undermine faith in the market. Thank you for your attention to this matter. I look forward to your timely response, Senator Durbin concluded.
 
Posted by ed19363 on :
 
How many times do we have to read the same thing again?

You wanna accomplish something, start a letter writing campaign to have them all fired and start with a clean slate. Congress would be a good place to start (not that they would pay any attention).
 
Posted by legaleagle on :
 
ed, in about an hour Bill Frizzell will be meeting with the Senate Banking Committee & Sen Sarbanes concerning the NS and CMKX.
 
Posted by KonaRide on :
 
in an hour...he's only leaving today....right?
 
Posted by bill1352 on :
 
well legal i'd say the battle on NS'ing is heating up. i hope that frizzy can prove 50% or so over the o/s. i'm not sure how that will help cmkx shareholders but if nothing else they can take comfort in the fact they were 1 of the nails in the NSS problem's coffin. this article written on the 26th of june says a lot. it really doesn't matter if the company is a scam like CMKX, a shell like Global Links or a NYSE issue like Martha Stewert it is wrong & the SEC needs to fix the problem. this will never happen until congress steps in & opens the books for all to see.


http://www.faulkingtruth.com/Articles/Investing101/1032.html
 
Posted by legaleagle on :
 
quote:
Originally posted by KonaRide:
in an hour...he's only leaving today....right?

Meeting originally scheduled for Friday was moved up to today. Meeting @ 1:15 eastern. Judy Behrens (opti_miss_tic), set up the appt and will attend with him. Afterwards, they will be on Sterling's Paltalk discussing the outcome.
 
Posted by ed19363 on :
 
I dont think one meeting will solve 70 years of problems, but maybe it's a start.
Still think it's too late to help CMKX, tho, unless they come out with a filing to stop the judge from revoking.
Am I dense? Am I the only one who sees this?
Why the hell doesn't UC file and THEN carry on the fight?
 
Posted by KonaRide on :
 
cool......any more info is good info. Thxs
 
Posted by ed19363 on :
 
Rumors on top of rumors, mixed in with rumors.
I swear by the time this is all sorted out, I will only have 3 live brain cells left.
 
Posted by bill1352 on :
 
well i had some idea maybe frizzy was at least trying but going into sterlings room ends that. anyone that has anything to to with that bunch is a lost cause. just more hype & pump.
 
Posted by Thorn on :
 
quote:
Originally posted by ed19363:
I dont think one meeting will solve 70 years of problems, but maybe it's a start.
Still think it's too late to help CMKX, tho, unless they come out with a filing to stop the judge from revoking.
Am I dense? Am I the only one who sees this?
Why the hell doesn't UC file and THEN carry on the fight?

The answer seems quite obvious. The only reason to avoid filing is because it would be "bad" for the filler to do so. Since we have not heard anything about "finances" being the "bad" reason, what does that leave?

I for one don't see the issues of CMKX being tied to the naked short selling issues; maybe adding to it but not the core cause. The facts just don't add up if it is only naked short selling that is the problem here.

As with Enron, it quickly becomes a point of either the leadership was incompetent or criminal in their actions.
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
well i had some idea maybe frizzy was at least trying but going into sterlings room ends that. anyone that has anything to to with that bunch is a lost cause. just more hype & pump.

Sterlings classromm holds 1000 people. It is the quickest and best venue to get information to the masses. The fact that they don't allow unsupported bashing, doesn't make it a "hype and pump" room. I am sure he will also post a report at the shareholders werbsite. Besides, noahltl is an admin there as well, and I am sure he would love to see some of you "bashers" come over sometime. LOL
 
Posted by ed19363 on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by bill1352:
well i had some idea maybe frizzy was at least trying but going into sterlings room ends that. anyone that has anything to to with that bunch is a lost cause. just more hype & pump.

Sterlings classromm holds 1000 people. It is the quickest and best venue to get information to the masses. The fact that they don't allow unsupported bashing, doesn't make it a "hype and pump" room. I am sure he will also post a report at the shareholders werbsite. Besides, noahltl is an admin there as well, and I am sure he would love to see some of you "bashers" come over sometime. LOL
Sterling is a pumper. Plain and simple. And I dont go anywhere free Koolaid is given out without the antidote. BTW, the antidote is known in the vernacular as "reality".
 
Posted by Wallace#1 on :
 
"Sterlings classromm holds 1000 people."

That damn site should never be called a classroom, which suggests learning something. Better to call it a "propaganda room". And Sterling should be one of those, along with Dr.Dementia, Weird Willy, Zen, GreenBaron and certain cult members, who should be prosecuted.

The only reason they want to keep CMKX going is to dump their shares on someone else at a profit. That IS an excellent reason to revoke CMKX.

PS: Re the prosecution, it has to include UC et al as well.
 
Posted by ed19363 on :
 
Dont forget legal/noah/whatever he calls himself this week.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by ed19363:
Dont forget legal/noah/whatever he calls himself this week.

ed,

Note "certain cult members". There are quite a few avid members whose pumping has drawn unknowing people into buying CMKX. Yes, they are just as guilty. In some ways, more so, because of their religious approach to the whole damn thing....and people mistakenly trusted them.
That is one thing to which I always strongly objected. It suckered people in with trust.
 
Posted by Ric on :
 
Thorn

"Since we have not heard anything about "finances" being the "bad" reason, what does that leave?"

You obviously didn't read the Hearing transcripts or you refuse to understand it. It clearly said the reason they couldn't file was the finances. I think it may be worse then what came out (spending all the money at the races and slots) but still what came out was bad enough. Lost records, can't find where money went, money in bank that no one knows where it came from, and in debt more then 30 million dollars. All this with no recorded expenses. Even UC said it was about the records. He stated mis management, and voids in records was the problem. I feel its deeper then that, maybe embezzlement. But guess what since they refused to file in the past it will be hard to prove now. But the cult with there hear no evil, see no evil, speak no evil approach help put you were you are today.
 
Posted by legaleagle on :
 
Sterling has been pretty much "MIA" and doesn't even own the room anymore. "Drymouth", Dan York, owns it and has only retained the "Sterlings Classroom" name because that is the name it was best known by.

As far as "classroom" is concerned, I hear more of both sides in there, than I do in here.
 
Posted by Ric on :
 
I noticed that too. I think Sterling bailed when the SEC filed charges. He is still in military and charges against him could have him kicked out. He was a huge pumper of this and was paid to do it. But when the chit hit the fan, I believe he ran with his tail between his legs.
 
Posted by Wallace#1 on :
 
"He was a huge pumper..." Enough said to include him.

"classroom" - biased response from someone with another meaningless title. "PROPAGANDA"!!!
 
Posted by bill1352 on :
 
it seems to me i said something about the main pumpers disappearing soon about 3 weeks ago...lets see sterling gone, dr. d not around much anymore, green baron moved cmkx off the main website & took it off the email info list & willy wille is just to damn stupid to know any better, zen...now there is a pumper i haven't seen legal post much of, is he gone too??/
 
Posted by bill1352 on :
 
"Sterlings classromm holds 1000 people. It is the quickest and best venue to get information to the masses. The fact that they don't allow unsupported bashing, doesn't make it a "hype and pump" room. I am sure he will also post a report at the shareholders werbsite. Besides, noahltl is an admin there as well, and I am sure he would love to see some of you "bashers" come over sometime. LOL"


show me proof not its next to real claims of any cmkx value, legal. 8K is proof that as of the date it was filed no value has been found. show me proof not quacks theories that UC gives a rats behind about shareholders, not words, actions. taking the 5th in court, no financial records given to accountants as soon as asked for is proof otherwise.
 
Posted by legaleagle on :
 
Thanks Bill, nice introduction for a Dr D Post.


DrDiamond
Global Moderator

Member is online

Joined: Aug 2004
Gender: Male
Posts: 1,051
Location: Kentucky
Comments on SEC brief response & electronic shares
Thread Started on Today at 1:29pm

--------------------------------------------------------------------------------
To begin with, I have read the SEC's response to the brief and I still feel that they have fallen short of their heavy burden of proof to get a revocation of the registration of CMKX securities. It almost seemed like the SEC was trying to turn it into a "pissing" contest. I believe Ms. Hakala believes she is doing the right thing, but simply doesn't have enough "proper" information to know what she is doing. I believe she has been hindered by "book knowledge" and has forgot to apply the "true spirit" of what is in the books of knowledge she has absorbed. I hope that will come with time.

I do not feel that the SEC has proven that the Form 15 was filed in "bad faith" nor have they been successful in the many other burdens of proof that were upon them to establish throughout the hearing. That does not mean they won't win, it means I believe they have failed miserably to prove the neccessity of a revocation.

I have been asked by many investors a question that pertains to the treatment of electronic shares.

Some believe they will automatically be deleted, others believe they will be required to pull certs on them, others believe nothing will happen to them, etc... The true answer is any of the above could happen depending on the broker. This is something you do not want to wait until after the fact to have communications with your broker.

Legally, the electronic shares "will not" be automatically erased from your portfolio. It would take an action by the broker to do this. Can they do this? If not challenged and brought to the table, they just might try it. I have tried to forewarn CMKXers to notify or have communications already in place with the broker that will protect their "electronic CMKX shares" in case of a revocation. Not that I am saying a revocation is inevitable, but wisdom dictates that we have something in place with our brokers to prevent them from automatically responding to the Administrative Judge's possible decision to revoke that could have an adverse effect on our CMKX holdings.

For example:

If the broker chooses to no longer allow CMKX shares to be held in their firm then each CMKX shareholder needs to have an option in place with the broker to pull the certificates rather than have them liquidated or deleted by an auto response on behalf of the broker.

The broker/DTCC/Cede & Co. does have official "ownership" of all electronically held CMKX shares and they do have the authority to do what they want although the "CMKX client portfolio/shareholders" are the "beneficiary" of the electronically held shares. Simplified, our electronic shares make us the beneficiary to receive dividends, etc... but we are not the shareholder of record for those shares, but rather Cede & Co. is.

For the DTCC/Cede & Co. to step in and wipe out all of these CMKX positions because of that authority of ownership would bring the walls down around them, IMHO. Meaning the liklihood of this happening is slim to none. I don't know of any precedence being set in the past that would permit this. As a matter of fact there are many companies that continued to trade in the market place months after the revocation took place.

What that brings us to is that each broker will treat this differently and each share holder needs to know ahead of time how the broker intends to respond to any type of a revocation or decision that could be handed down

1st = on any company's securities held by the broker
2nd = on any Pink Sheet Company's securities
3rd = on CMKM Diamonds securities particularly
(Note: I would ask these question in the above order)

This will help to determine if your broker is singling out CMKX for treatment that is outside the normal operating procedures for the broker.

I wouldn't put this off! I would establish communication and I would do it by email so you have record of your communications with them and afterwards I would follow up with phone calls.

These are just my opinions and I ask that you treat them as such.

Success is at hand.

Dr.D

http://cmkxdiamond.********s32.com/index.cgi?action=display&board=general&thread=1120159783&page
 
Posted by legaleagle on :
 
Got me on a roll Bill. How about Zeninvestor:


zeninvestor32
Diamond Guru Emeritus

member is offline




Joined: May 2005
Posts: 563
Out There Theory
Thread Started on Today at 10:25am

--------------------------------------------------------------------------------
Okay, HUUUUUUGE disclaimer here. I know this is an out-there theory but listen if you choose, think about it, mull it around and see if it doesn't just flat-out make sense. Okay, so the SEC and DTC are in so far over their head there is NO exit from the NSS that they've been permitting for a decade. Think about it -- they've permitted UNLIMITED liability when companies have shorted down otc stocks to the point of multiple amounts of the float. There are probably a ton of otc stocks that could literally never be covered on the open market if a true forced cover were to happen. Thankfully for the SEC, most of those companies are a POS and will go bankrupt or die off anyway. But still, there is a problem of catastrophic proportions here if it all ever fully unraveled. A problem that seriously could threaten all global markets since a complete and total hedge fund collapse could outright flatten the financial community. So how do you solve it?

Take a good look at the dematerialization information (good info with Dr. Diamond). Here's my theory. Dematerialization started last year with an effort being made to rope all 50 states into it. So far 48 have agreed. 2 rebels remain. Dematerialization provides the perfect cover-up. No more paper. No more trails. The DTC and SEC stonewall and continue to cover-up all markings of what is happening. But here's the kicker. Internally, they begin to either pass legislation or communicate with hedge funds that there is to be NO MORE naked shorting. The laws toughen. Basically, while the system is in "limbo" as paperless, the SEC does what it should have done all these years and mops up any further naked shorting by tightening the rules. Give it about two years. By then, the SEC will have put out of business most pink sheets and GRADUALLY encouraged hedge funds to cover their other short positions and stop NSS altogether. When the system is finally healed, the SEC then announces measures that ensure that the system will forever be free from the naked shorting issue (how that happens I'm not sure but there will be some kind of transparency that they will demonstrate to show that hedge funds can no longer do this).

There's my theory. Dematerialization takes the whole paper trail out of the public's eye for a few years while the SEC/DTC mops up the whole mess behind-the-scenes. Miraculously, in two years, we emerge as a system with modest credibility and one that did NOT collapse in the interim. It DOES make me wonder if the SEC has pushed cmkx out all along as they have tried and tried to rope the final 2 states into submission for this overall plan to preserve our financial integrity while sweeping NSS under the rug.

Sure does make me go hmmmmmmm.
 
Posted by Ric on :
 
Sec responds to the OG's request to include NSS

http://cmkxownersgroup.com/SECOppositiontoOwnersGroupExhibit1.pdf
 
Posted by Ric on :
 
They got to the point in that response. Calling CMKX a worthless stock that the current shareholders want to put off on someone else so they will be harmed.
 
Posted by bill1352 on :
 
good job legal & i will say this...that is the first thing i've read from Zen that has 1/2 a chance at 1) happening & 2) makes any sence.

now as for dr.d i think he should read the rules of his broker account or any shareholder of cmkx for that matter. they CAN NOT remove shares of any company revoked, bankruptcy, out of business, whatever from your account without a signed form from you. this form can not be faxed, emailed or done over the phone. you can print the form on line but you then must mail it in & it takes up to 4 weeks to clear everything. if a broker decides they want to quit carying a certain stock they must contact you, not you them, & arrangments made to move this stock to either cert or a differant broker. as cmkx will be revoked those shares still give ownership in the private cmkx thus cert may have to be pulled. either that or they will be listed just like CIM is listed in accounts with that divy.
 
Posted by bill1352 on :
 
new theory...lol....i think UC wanted to do as he did in the past, buy claims around known good claims & sell them only somebody talked him into going public. shore gold can't efford another mine until this 1 produces, debeers probably is to arogant to think they missed much in their first look around & isn't interested. that left UC on the hook for the claims, the shareholders & the realties of a public company. since a few of the clowns around him had experiance in stocks & stock scams off it went into scamland only it snowballed out of control. you end up with a prison guard signing papers he has no clue as to the meaning of, internet pumpers on drugs going crazy, 56,000 shareholders or should i say bagholders and a stock mess never before seen. someday this needs to be made into a TV movie.
 
Posted by Upside on :
 
Want a conspiracy theory? I've got one. It's off topic but important nonetheless. Bill1352 is officially working for the other side. He drank the pb koolaid, it's engulfed him, and now he's a Benedict Arnold. I think he's in cahoots with Legal too. Proof: please note his post a few up from here where he notes that Dr.D., Zen and others have been quiet as of late. It was immediately followed up by 2 posts from Legal, one by Dr.D and one by Zen. Sounds like a back door plan to me, the lead in by Bill followed up by Legal's posts. Some devious plot is being hatched here and I'll do my best to expose it further. Any comments Bill, Legal?
 
Posted by bill1352 on :
 
ya UP i was the one doing all the buying today...lol. i'm trying to catch up to the rest of the cult members in losing cash. this way i can sue somebody for something somewhere...lol
 
Posted by Upside on :
 
A denial laced with humor so as to show that the very thought of your "turning" is foolish. Hmmm, I think I'll wait for Legals response.
 
Posted by will on :
 
"someday this needs to be made into a TV movie."

UpMan can testify to this. Some horses ass that calls himself "Topo Gigio", told us at the Chicago race last year, that Oliver Stone was making a movie about Urban Casavant and CMKX. According to this donkey it should have been released to your local theatre by now.

You should have met this puke eater, bill.
 
Posted by ed19363 on :
 
So the meeting went off as planned at 1:15 eastern? Or was it 2:15? Or was it tomorrow at 1:15? Reading the boards confirms that these people have no idea what the hell is happening. Nobody could say when the meeting was or will be, just a bunch of IMOs. LOL.
If the meeting was held, anybody know what happened? If it wasnt, just forget I asked.

Are we revoked yet?
Can you hear it?
We all gonna die?

WTFIGO
 
Posted by Ric on :
 
Remember Dallas, now theres a show this stock can relate to.
 
Posted by Upside on :
 
quote:
UpMan can testify to this. Some horses ass that calls himself "Topo Gigio", told us at the Chicago race last year, that Oliver Stone was making a movie about Urban Casavant and CMKX. According to this donkey it should have been released to your local theatre by now.
I have no recollection of that.
 
Posted by Ric on :
 
Ed, what going on is Frizzle is messing up UC's master plan. Or at least trying. UC wanted to look like he fought this so he wouldn't get the blame but wanted it revoked. Thats the only way you can explain the witnesses he brought to the hearing. They made better witnesses for the SEC then the SEC witnesses did. With Mahue knowing nothing and UC taking the fifth it was clear what was going on. The last two PR's that UC did put out he blamed others for the downfall then said statement to make it seem the SEC was gagging him. Now thats funny. UC is squirming in his seat over FRizzle and hopes he goes away before the real truth is found out.
 
Posted by ed19363 on :
 
Ric, good possibility.

I found on PB32 that the meeting was actually held, and all ears are open on the subject of NSS. Not that it will do CMKX any good. Nothing can happen fast enough to beat the judge.
 
Posted by Ric on :
 
I always thought it was funny that people actually think a Senator or House member listens to what they say. You don't have enough money to line there pockets with for them to care about you. They tell everyone that talks to them about there concerns that they are with you. They smile for you and remind you to vote the next election and vote whatever there highest paid lobby pays them. I love when people talk about a congressman or senator hearing there concerns. They hear it alright but thats all they do.

This nation wants to fix government then they need to stop electing the same azzholes over and over again. Fire every last one of them and tell the news ones if they want a job then they need to actually fix the problems instead of voting for there pocketbooks.
 
Posted by Ric on :
 
CMKM nowhere close to filing, SEC wants stock revoked


2005-06-30 20:42 ET - Street Wire

Also Street Wire (U-*SEC) U.S. Securities and Exchange Commission


by Lee M. Webb

CMKM Diamonds Inc., a massively diluted pink sheet promotion headed by Saskatchewan native Urban Casavant, has no auditor to audit its non-existent financial statements and cannot even estimate when it will file its delinquent periodic reports, according to the U.S. Securities and Exchange Commission (SEC).

In a posthearing reply brief filed on June 29, the U.S. regulator again argues that CMKM's stock registration should be revoked in order to protect investors, particularly potential future investors.

Chief Administrative Law Judge Brenda P. Murray presided over an evidentiary hearing in the SEC proceeding against CMKM in Los Angeles, Calif., on May 10. Judge Murray's initial decision on whether the company's stock registration should be revoked is expected by July 15.

SEC lawyer Leslie Hakala and co-counsel Gregory Glynn filed a posthearing brief laying out the U.S. regulator's arguments for revocation on June 2.

CMKM lawyer Donald Stoecklein submitted his posthearing brief on behalf of the company on June 19, followed by a June 20 posthearing amicus curae brief by Bill Frizzell, a lawyer representing a number of shareholders known as the Owners Group.

Mr. Stoecklein and Mr. Frizzell both argued that the SEC did not meet the burden of proof required for revocation of CMKM's stock registration. Both lawyers suggested that CMKM should be given more time to file its required reports.

Because the U.S. regulator has the burden of proof, it got the last kick at the arguably already heavily battered CMKM can, so to speak, with its June 29 reply brief.

Nowhere close

In the introduction to her reply brief, Ms. Hakala remarks that one key point stands out in a review of the posthearing briefs filed by CMKM and the Owners Group.

"Neither brief offers any indication when CMKM Diamonds will actually file its already overdue periodic reports," Ms. Hakala says. "In fact, more than six months after first being contacted by the Division regarding this matter, CMKM Diamonds is still nowhere close to filing its reports.

"Thus, for the foreseeable future the investing public will not be able to make informed decisions about CMKM Diamonds' stock. For this reason, the Court should revoke the registration of CMKM Diamonds' stock."

Pristine

In CMKM's posthearing brief, Mr. Stoecklein argued at some length that the SEC used tainted evidence because it violated its Brady obligations by hiding copies of letters between the regulator and the company's former lawyer from its present counsel until just before the hearing.

Ms. Hakala devotes a full three pages of her approximately 15-page brief to respond to Mr. Stoecklein's allegations, arguing that the evidence was not tainted at all.

In one of several rather terse footnotes, the SEC lawyer claims that Mr. Stoecklein "flatly misrepresents" the date he was provided with copies of the letters.

While Mr. Stoecklein told the court that the material was suppressed until two days before the hearing, Ms. Hakala claims that the SEC faxed the documents to CMKM's lawyer at least five days before the hearing; moreover, he signed a stipulation regarding their authenticity and admissibility on May 5.

"The Division does not believe that this discrepancy makes any substantive difference, but does find counsel's inability or unwillingness to accurately present the facts to be troubling," Ms. Hakala remarks cuttingly.

According to Ms. Hakala, Mr. Stoecklein's strident accusation that the SEC maliciously violated its obligations under Brady v. Maryland lacks merit for four independent reasons.

First, says Ms. Hakala, CMKM actually had or can be imputed to have had the letters throughout the course of the proceeding, which was instituted on March 16.

"CMKM Diamonds' prior counsel provided Urban Casavant -- CMKM Diamonds' sole officer -- with copies of the letters in early January 2005," the SEC lawyer claims, noting that the correspondence was copied to Mr. Casavant by the company's own lawyer on Jan. 4.

"Thus, the Division does not understand how CMKM Diamonds can claim it was unaware of the correspondence," Ms. Hakala continues.

Second, Ms. Hakala says, CMKM has failed to show that the SEC "suppressed" the letters, something that is an essential element of a Brady claim.

"Even assuming that, for some unknown reason, CMKM Diamonds' management and current counsel were unaware of the correspondence, copies were readily available from the company's own prior counsel," Ms. Hakala argues.

"It is not unreasonable to expect a reasonably diligent lawyer to contact his client's prior counsel," Ms. Hakala continues, serving up another zinger. "The Division can hardly be blamed for CMKM Diamonds' counsel's failure to do so in this proceeding."

Moving to her third point, Ms. Hakala argues that Mr. Stoecklein's claim that he had no opportunity to investigate the issues raised in the letters because he did not receive the correspondence until shortly before the hearing also lacks merit.

"In fact, however, counsel had at least five days before the hearing to contact prior counsel and/or make other inquiries," Ms. Hakala states. "Moreover, this Court explicitly stated during the hearing that it would consider late filed exhibits up until the time it issues its decision.

"This gave CMKM Diamonds more than six weeks to offer any additional evidence regarding the matters raised in Exhibits 20 and 21. It has not done so."

As a fourth point, the SEC lawyer argues that Mr. Stoecklein already stipulated to the authenticity and admissibility of the letters, both in writing and at the hearing.

Moreover, Ms. Hakala says, CMKM did not object when the SEC had the company's own witness, lawyer Kristen Buck, read the significant part of the correspondence into the record.

"Accordingly, CMKM Diamonds has waived any objection to the use of these documents as evidence in this proceeding," Ms. Hakala claims.

"For the aforementioned reasons, CMKM Diamonds' Brady claims lack both factual and legal support and should be disfavored by this Court," Ms. Hakala says, rounding out her rebuttal to Mr. Stoecklein's claim that the SEC used tainted evidence.

Defenceless

According to Ms. Hakala, CMKM "has no viable defense for failing to file periodic reports for over two years."

The SEC lawyer claims that CMKM's argument that it filed an inaccurate Form 15 in July of 2003 in good faith and did not know that it had reporting obligations until it discovered the error on Feb. 15 of this year is groundless.

"To argue that its July 2003 Form 15 was filed in good faith, CMKM Diamonds relies virtually exclusively on the fact that (according to Exhibits 20 and 21) one of CMKM Diamonds' former lawyers, Roger Glenn of Edwards & Angell LLP, allegedly told another of CMKM Diamonds' former lawyers, David Liston of Hughes Hubbard & Reed LLP, that 'when CMKM Diamonds filed its Form 15-12(g) in July 2003, the company believed in good faith that it had too few shareholders to require the filing of periodic reports,'" Ms. Hakala says.

"This statement, however, is hearsay, and cannot establish whether or not the Form 15 was filed in good faith," the SEC lawyer argues. "Moreover, Roger Glenn was not hired by CMKM Diamonds until June 2004 -- almost a year after the Form 15 was filed -- and thus could not have any personal knowledge as to the circumstances of its filing."

Ms. Hakala goes on to argue that while CMKM and the Owners Group offer little more than bald assertions to the contrary, the SEC introduced substantial evidence that CMKM knew or should have known that its Form 15 was fraudulent.

Reviewing the evidence, Ms. Hakala points out that the SEC specifically showed that CMKM issued share certificates to 360 individuals and entities in January of 2003.

"CMKM Diamonds questions whether those 360 shareholders of record still held their certificates in July 2003," Ms. Hakala says. "But this argument falls because the January 2003 stock issuances demonstrate that CMKM Diamonds should have known that it might have more than 300 shareholders of record in July 2003, and thus that it was at least reckless in failing to confirm its numbers before filing the Form 15."

Among other things, Ms. Hakala says that CMKM "offers no substantive response" to evidence that it claimed to have conducted an official shareholder audit later in January of 2003 and no response at all to evidence that the master shareholder list showed 698 shareholders of record on July 17, 2003.

Ms. Hakala also argues that Mr. Casavant asserted his Fifth Amendment privilege and refused to answer questions regarding these matters, "leading to the inference that his answers would have been incriminating."

"Because the July 2003 Form 15 was filed in bad faith, it did not suspend CMKM Diamonds' reporting obligations under the Exchange Act; accordingly, CMKM Diamonds has no defense to its failure to file periodic reports for over two years," Ms. Hakala claims.

"Even assuming CMKM Diamonds' fraudulent Form 15 somehow suspended its reporting obligations until April 17, 2005, that date has passed without CMKM Diamonds filing any periodic reports," the lawyer continues. "Indeed, two months after even CMKM Diamonds concedes it should have filed periodic reports, the company has no auditor, cannot estimate when it will have financial statements to audit, and does not know when it will file its reports.

"For these reasons, the Court should revoke the registration of CMKM Diamonds' stock."

Steady on Steadman

Moving on to another review of the Steadman factors, a guide to determining the appropriate sanctions, Ms. Hakala again argues that they each support revocation of the company's stock registration.

While CMKM and the Owners Group both maintain that CMKM's actions were not egregious because, in their opinion, the Form 15 was not fraudulently filed, the SEC sharply disagrees with their interpretation of the evidence.

"In any event, however, the Division has detailed numerous reasons why CMKM Diamonds' failure to file periodic reports was egregious, such as the company's prior attempts to avoid reporting by using Forms 12b-25 (notification of late filing), the company's fraudulent Form 15, the company's failure to comply with its reporting obligations under Section 15(d) of the Exchange Act and the company's failure to promptly correct the defective Form 15 after being contacted by the Division in December 2004," Ms. Hakala argues.

The SEC lawyer also claims that CMKM's actions were, and are, recurring. In fact, says Ms. Hakala, CMKM has violated federal securities laws on at least 10 separate occasions.

"Even under CMKM Diamonds' own interpretation of Rule 12(g)-4(b), however, the company should have filed all ten of its past periodic reports by April 17, 2005," the lawyer argues. "CMKM Diamonds has not done so, and thus its violations of the federal securities laws are recurring."

Ms. Hakala again asserts that CMKM's misconduct involved a high degree of scienter, a mental state embracing intent to deceive, manipulate or defraud.

"As the Division described in its initial brief, both CMKM Diamonds' efforts to evade its reporting obligations by filing a fraudulent Form 15 and its repeated hollow assurances throughout 2004 that it was working toward 'compliance' demonstrate a high degree of scienter regarding its misconduct," Ms. Hakala says.

The SEC lawyer goes on to argue that CMKM's assurances against future violations cannot be trusted and the company's claim that it has "expended significant resources" in an effort to prepare the required reports is not persuasive.

"The record indicates that CMKM Diamonds has so far spent approximately $73,000 to obtain periodic reports, far less than the millions claimed by CMKM Diamonds and the Owners Group," Ms. Hakala says. (All amounts are in U.S. dollars.)

"In his opening statement, CMKM Diamonds' counsel claimed that prior counsel had been paid $250,000 to prepare the company's periodic reports, but there is no evidence in the record regarding this payment," Ms. Hakala remarks in a footnote.

"Likewise, CMKM Diamonds (and the Owners Group) repeatedly claim that David DeSormeau, the company's past accountant, was paid $1.5-million for his services; the record, however, does not indicate that that payment had anything to do with CMKM Diamonds' periodic reports -- to the contrary, CMKM Diamonds' counsel testified that she did not know why DeSormeau received that payment," the SEC lawyer adds.

"In any event, CMKM Diamonds neither denies that it has broken numerous promises in the past regarding its reporting plans nor offers any reason to think that its recent assurances are any more trustworthy," says Ms. Hakala.

Moving on, Ms. Hakala argues that CMKM offers no meaningful response to the SEC's claims that the company's statements call into question whether it truly recognizes the wrongfulness of its conduct.

Among other things, the SEC lawyer says that CMKM's public statements in February, March and April about the administrative proceeding and the status of its reporting efforts raise serious doubts about the degree to which the company recognizes responsibility for its misconduct.

"Most critically, CMKM Diamonds shows few signs of complying with federal securities laws in the future," Ms. Hakala says. "Over six months after the Division first contacted CMKM Diamonds regarding this matter, the company is not even close to filing any periodic reports.

"It has no auditor or even financial statements to audit, and cannot estimate when it will have either.

"In its brief, CMKM Diamonds sidesteps this issue by assuring the Court that 'once CMKM is able to generate the reports' it will not fall out of compliance again.

"The core question in this case, however, is when will CMKM Diamonds 'be able to generate reports?'

"CMKM Diamonds provides no answers to this question and suggests no timeline by which it plans to return to reporting status.

"Likewise, CMKM Diamonds completely ignores the fact that its bookkeeper and others have had significant trouble obtaining the necessary documentation to prepare the financial statements, and offers no reason to think that this problem will be satisfactorily resolved.

"Under these circumstances (and notwithstanding the Owners' Group's fervent, if unfounded, hopes to the contrary), CMKM Diamonds' reporting violations are highly likely to continue.

"Accordingly, revocation of CMKM Diamonds' stock pursuant to Section 12(j) of the Exchange Act is warranted."

Evidence of ignorance

In the final three pages of her reply brief, Ms. Hakala argues that revoking the registration of CMKM's stock is in the public interest.

Somewhat ironically, Ms. Hakala draws rather heavily on the Owners Group brief for support for her argument that the investing public is in the dark about CMKM.

"As the Division argued in its initial brief, this Court should revoke the registration of CMKM Diamonds' stock because the investing public lacks (and for the foreseeable future will lack) access to complete and reliable information about the company," Ms. Hakala says. "Indeed, the Owners Group's own brief reveals the lack of accurate information available to shareholders.

"Among numerous other questionable statements, the Owners Group believes for no clear reason that (1) CMKM Diamonds has 'significant joint venture investments domestically; (2) David DeSormeau is still the company's chief financial officer and in Spring 2005 was co-operating with the then-auditor's requests for materials; and (3) 'the people working on these records have adequate bank records' and 'the company's books are auditable.'

"In fact, evidence introduced at the hearing reveals that each of these statements (and many others) reflect CMKM Diamonds' shareholders' profound misunderstanding of the true status of the company.

"Moreover, the Owners Group concludes that past management and paid professionals negligently caused CMKM Diamonds' current reporting difficulties, even though CMKM Diamonds itself does not allege negligence by either its management or its paid professionals (and the evidence does not support such a conclusion).

"Indeed, the very questions raised by the Owners Group in its brief about CMKM Diamonds' prior officers and paid professionals underscore the investing public's urgent need for accurate and complete information about the company."

No bites

According to Ms. Hakala, CMKM implies that the SEC wishes to prohibit the company from becoming fully reporting. Nothing could be further from the truth, says the SEC lawyer.

"If at some point in the future CMKM Diamonds obtains audited financial statements and is prepared to make complete and accurate disclosures of its operations in accordance with the federal securities laws, it will be entitled to file a Form 10 and seek to register its stock under the Exchange Act, just like any other company seeking Exchange Act registration status for a class of stock," Ms. Hakala says.

"The Division of Corporation Finance would then have an opportunity to review the Form 10 before it becomes effective, and issue any appropriate comments," the lawyer continues. "This is the correct means by which corporations register stock under the Exchange Act and by which shareholders achieve liquidity in their holdings.

"Curiously, both CMKM Diamonds and the Owners Group appear uninterested in pursuing this alternative."

No new victims

According to Ms. Hakala, revocation is not the draconian remedy suggested by CMKM and the Owners Group, but the measured and appropriate form of relief in this case.

The SEC lawyer suggests that the harm already suffered by CMKM shareholders should not be assuaged by allowing them to offload worthless stock on new victims.

"The Division acknowledges that revoking the registration of CMKM Diamonds' common stock will substantially limit the ability of CMKM Diamonds' shareholders to liquidate their investment in the company," Ms. Hakala remarks.

"However, such liquidation (not to mention CMKM Diamonds insiders' liquidation of their holdings) can only be at the expense of potential future investors who do not have the necessary information to make informed decisions about investing in CMKM Diamonds," the SEC lawyer continues.

According to Ms. Hakala, that is the very conclusion recently reached by a judge with respect to Morgan Cooper Inc.

"There, the Court acknowledged that thousands of shareholders would be harmed by the revocation of the registration of Morgan Cooper Inc.'s stock, but held that the shareholders (rather like CMKM Diamonds' shareholders) 'own stock that has an annual high of close to zero in a corporation that has had no business activity for almost five years,'" Ms. Hakala says.

"To recoup the funds they paid for [Morgan Cooper] stock, those shareholders would have to sell worthless stock to additional investors, resulting in further harm," the SEC lawyer continues quoting the June 22 decision. "In short, it is essential for the protection of investors to revoke the registration of [Morgan Cooper's] stock."

According to Ms. Hakala, it "is similarly essential for the protection of investors to revoke the registration of CMKM Diamonds' stock."

The saga continues.
 
Posted by Wallace#1 on :
 
"Thankfully for the SEC, most of those companies are a POS and will go bankrupt or die off anyway."

Truer words were never spoken by Zen as the above re to "bankrupt or die off". Right there, he should have named CMKX as one of those POS companies.

As bill agreed, he does have a point that falls within the realm of possibilities. Problem with Zen is that he sucked people in to buying CMKX with his previous pumping.
 
Posted by ed19363 on :
 
Whee !!!!
Can you hear it now?
 
Posted by Ric on :
 
I am listening to Frizzle right now. It was so funny because someone called the SEC lawyer after Frizzle said she was a public servant and demended she answer her questions and thw SEC lawyer called Frizzle and let him know about it. Frizzle did tell everyone in the room not to call her again
 
Posted by Ric on :
 
The SEC told Frizzle that they would take action if the shareholder, or shareholders group, were to try in force a short squeeze because that is a form of market manipulation. If they, the OG, found absolute proof of NSS then they must let them handle it.
 
Posted by Ric on :
 
But actually his answers to most questions are true and in line. He even admitted that the evidence he has isn't absolute proof of NSS but looks like it with the documents he has. He actually is pretty up on what he is talking about. He even realizes that his briefs was what it was, trying to stop deregistration. Do what you can even if he knows it won't work. I think he still drinks koolaid as far as CMKX is concerned though. And he doesn't even know for sure were the company is on filing or why Roger Glenn and others didn't get called. He did say RG was a lawyer and if he invoked his lawyer/client priveledge then they may not have been able to call him.
 
Posted by Ric on :
 
He said it would be hard to sue SEC, not impossible but highly unlikely to win. They are a government agency. But the DTCC is another story because they are private.
 
Posted by Ric on :
 
He says he hasn't seen one thing that RG has ever done. But never has talked to him neither. He also states the SEC isn't going to stop the process unless CMKX can prove they are going to file. The table one that was missing from filing was told to be lost in transmission but CMKX will not send it to Frizzle to look at.
 
Posted by Ric on :
 
His name is prononced Friz Zel, lol.
 
Posted by Ric on :
 
Frizzle is making it clear that this is "why haven't we filed and that should be the shareholders concern".

Guess what he is absolutely right.
 
Posted by Ric on :
 
Frizzle on Acca, He has not seen anything that he has said as being the truth. roflmao

No deals in the works.
 
Posted by bill1352 on :
 
ric are you telling us that frizzy has all but said to the OG "your screwed?"
 
Posted by Ric on :
 
Koolaid did just come out. He believes the company will file. He doesn't know that for fact but believes it.
 
Posted by Ric on :
 
Frizzle didn't actually meet with Sarbains. He met with his general counsel and the counsels assitant today.
 
Posted by Ric on :
 
If they don't file. But frizzle seems to believe they will but doesn't know that for sure.

quote:
Originally posted by bill1352:
ric are you telling us that frizzy has all but said to the OG "your screwed?"


 
Posted by Ric on :
 
Talking about there response that they should go to the media. To me it looked like they passed the buck back to Frizzle. Its like they pat you on the back and say sure we will help you BUT you may want to try and talk to the media about it. Sound like they were scared to bring it out themselves.
 
Posted by Ric on :
 
Frizzle said we may have to do a proxy fight and put in new management, wow.
 
Posted by Ric on :
 
I know legal will have something to say about all this. Frizzle is pumping the company. I just gave the surprises I heard. He asked the question of why is Mahue here if they weren't trying to file. He feels that the company is trying to file but he isn't privy to that info to know for fact.
 
Posted by bill1352 on :
 
proxy vote??? to put in new management???? but i thought UC & family owned 51%...lol can't win a vote if UC holds 51% in his pocket.
 
Posted by bill1352 on :
 
ya think frizzy just let the cat out of the bag on that one???? remember frizzy saw the NOBO list & the master list...he knows who owns what & how much.
 
Posted by Ric on :
 
Frizzy said bye bye after saying he hated to ask for more money but it will take more money to continue this fight and more trips like today.
 
Posted by bill1352 on :
 
i guess frizzy doesn't know who owns what in shares. he thinks UC holds a large position.
 
Posted by Ric on :
 
Frizzle did say he didn't know if UC owned 51% or not. How is that possible if he has the Master Shareholder list like he claims. Someone isn't telling the whole truth there.
 
Posted by bill1352 on :
 
i'm not convinced the cmkx is so greatly shorted but i do like to try for lemonadide out of lemons...can't think of a bigger lemon then cmkx or a harder way to make lemonaide but getting that meeting is more then most NNS'ed stocks have gotten. that is the door that needs to be opened only wish it was by a serious, honest company.
 
Posted by bill1352 on :
 
gluggo on PB32 was typing as the interview was going on...said he missed a few questions but that it was going into mp3 form
 
Posted by bill1352 on :
 
well folks enough bashing for today...lol 1 more day till a 3 day weekend ..yaaaaaaaaaaaaa....no vacation here in 2 yrs & none in sight so these holidays are big...lol
 
Posted by Ric on :
 
I am sure bill will read it anyway but it might help get his status back as a basher, lol

sanyaman2000
Dr. Of Diamonds

member is offline

Re: Frizzel is about to speak in Sterling's room..
Reply #32 on Today at 11:06pm

--------------------------------------------------------------------------------
Agfadoc/my69z:
You're wasting your breath on BlingBling. He wouldn't know a Red Herring from a can of Tuna fish.
He does his research from reading only OTHER bashers. His brothers-in-arms LondonE and Bill1352, etc. posting are the equivalent of having a "no peeing area" in your pool. They add NOTHING to the discussion and use the deductive reasoning of a retarded ROCK! I'll have a double Kool-Aid thank you, with ice.

[ July 01, 2005, 00:09: Message edited by: Ric ]
 
Posted by stockster5 on :
 
My head hurts from reading the last 5 board pages.
Gaaaaaaa. There is sooo much chit here (typed nonsense) that is worded to seem intelligent.
What is so blatantly obvious is the fact that this stock is still being traded as I type. CMKX is being investigated, torn up all over the internet on boards etc..etc.. What's wrong is that any trading is being allowed at all. A company's trading should be held in legal limbo until it's case is settled, but not their actual business that creates venue. Ex: McDonald's hamburger can't sell stock, but still flip burgers.
What is clear, is the SEC, DTCC and other holding/clearing agencies are being exposed for allowing abuses, and perhaps profiting from these abuses..(naked shares, counterfeit, phantom call it whatever....) for decades. And now are scrambling to cover their collective ass's. I think this **** smells all the way to the top ...!!
What's cmkx volume today...?? 400 mil. Is that all selling...??? I don't think so.
I am my own example... (but not this stock, but the method's the same) I look at any random stock picking board on the net, looking for bottom feeders that have shown some movement up and down let's say last 6 months. I see cmkx and see it up and down like a clock, so if I pick up 2 mil shares and sell 1 mil on the uptick, I'd theoretically make a few bucks. Well, this works, but at this point I didn't really bother to read anything about cmkx, so I don't know about sec litigation. So, you see, it's possible to pick out a stock just based on some moving cycle or pet theory. Like picking a racehorse, cause you like the pretty blue saddle blanket. (my girlfriend did this, and made more money than me any time we went to the races. go figure)
Anyways, my point and question being... where is the 400 million today coming from.??
And again I state... if you don't have a paper trail... you don't have to make excuses or prove your transgressions......
whooo , sorry that went long.................

S5
 
Posted by legaleagle on :
 
Sorry I missed all the fun tonight. Dinner and a movie with the wife. Was certainly more entertaining. But to catch up. First, topogiggio will be appearing in a made for television series called the "Trader". A reality series covering the exploits of day traders. It will follow him in his pursuits with CMKX, even to the gold mine in Ecuador, and the diamond testing facilities up north.

However, it is a Stone movie, it's just a series and it is being filmed by Hugo Cancio, producer/director of Ciocan Entertainment.

Hugo also filmed a movie on the story of Urban Casavant's life, and is currently filming a series dealing with the naked short. BTW, noahltl was interviewed/filmed for the series at the DC rally, along with several of the "Kool Aid'ers".
 
Posted by stockster5 on :
 
Noooo Ric, no, no ice...thats dillution......
.................
 
Posted by legaleagle on :
 
I think bill has been taking some short shots of Kool Aid at PB32, however, now that he is being called out, over there, as a basher, he is on a slippery slope that will get him bounced, before he turns into a card carrying Kool Aid junkie. I fear for his safety, because he will have to hang around some pretty dangerous places trying to buy his beverages from ugly strangers in trench coats.
 
Posted by Ric on :
 
Hey legal, I have been a member of your board for several months but I haven't posted. Will they boot me if I do, lol. I would be kinda nice, no promises though. But I really don't like koolaid unless its sugar free.
 
Posted by lanebro on :
 
quote:
Originally posted by legaleagle:
Sorry I missed all the fun tonight. Dinner and a movie with the wife. Was certainly more entertaining. But to catch up. First, topogiggio will be appearing in a made for television series called the "Trader". A reality series covering the exploits of day traders. It will follow him in his pursuits with CMKX, even to the gold mine in Ecuador, and the diamond testing facilities up north.

However, it is a Stone movie, it's just a series and it is being filmed by Hugo Cancio, producer/director of Ciocan Entertainment.

Hugo also filmed a movie on the story of Urban Casavant's life, and is currently filming a series dealing with the naked short. BTW, noahltl was interviewed/filmed for the series at the DC rally, along with several of the "Kool Aid'ers".

This is really a sad post; is this what Americans watch these days on TV? Sad, sad, sad. Just a bunch more crap to infect the airwaves.
 
Posted by bill1352 on :
 
Ric...thanks for the re-post...lol....legal as i've said before no kool-aide here, only coffee & water..oh ya 1 nordic per nine holes of golf.


i thought for sure i was going to be bounced one of the last 2 nights. called cmkx a scam, UC a scammer. maybe its because i leave the door open to a possible ns of a few hundered billion & do hope cmkx can open a few doors towards correcting this problem. i dont see how its going to help a revoked stock but who knows.
 
Posted by ed19363 on :
 
Bill, I've been on that board for quite a while, and have always called a spade a spade. I figure if they want to boot me, nothing lost. All they do over there is speculate about the latest rumors (always in a positive way). Not one of them KNOWS anything. They need some negative balance, or there wouldnt be anything for them to post....LOL.
Plus it's good for a few laughs, some of the theories they post are so far out in left field that there is nothing to do BUT laugh at it.
IMO, pumpers, Koolaid drinkers, that's all that is there.
 
Posted by Upside on :
 
Ric, Ed, Bill and Legal all over at pb? Are you guys telling me I'm going to be left alone here with Will?! Please, anything but that. I'll even drink the koolaid.
 
Posted by Ric on :
 
roflmao,

Hey I don't play over there. Just get a look at latest rumor so I know where Legal is getting his koolaid from. Wouldn't want to get sucked into that vortex of empty minds. Its a scary place. Might be able to sale tickets to it on Halloween.
 
Posted by Upside on :
 
I forgot about Wallace. He'll never abandon us. Upside, Wallace & Will, what company I keep!
 
Posted by WinsumLosesum on :
 
*DJ SEC Halts Trading In St. George Metals Inc.>SGGM

07/01/2005
Dow Jones News Services
(Copyright 2005 Dow Jones & Company, Inc.)


=-


(MORE TO FOLLOW) Dow Jones Newswires

07-01-05 0952ET

Copyright (c) 2005 Dow Jones & Company, Inc.
 
Posted by ed19363 on :
 
I've been waiting for that one. The SEC isnt messing around, and I'd bet any company that has had any business dealings with CMKX will eventually be shut down unless they can prove they are squeaky clean. IMO, gonna sit back and see which is the next brick to crumble.
CMKX might TRY to fold into another company, but I think the SEC is one step ahead and will shut down any company that UC breathes on.
 
Posted by Ric on :
 
UNITED STATES OF AMERICA Before The SECURITIES AND EXCHANGE COMMISSION July 1, 2005 ________________________ In the Matter of St. George : Metals, Inc., : : ORDER OF SUSPENSION : OF TRADING : File No. 500-1 : ________________________: It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of St. George Metals, Inc. (Pink Sheets symbol: SGGM), a Nevada corporation. Questions have been raised about the adequacy of publicly available information concerning, among other things, St. George Metals assets and liabilities, mining and other business activities, stock issuances, and corporate management. Since the fiscal year ending January 31, 2003, St. George Metals has been delinquent in its periodic filing obligations under Section 13(a) of the Securities Exchange Act of 1934. The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the above-listed company. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the above listed company is suspended for the period from 9:30 a.m. EDT, July 1, 2005, through 11:59 p.m. EDT, on July 15, 2005. By the Commission. Jonathan G. Katz Secretary
 
Posted by WinsumLosesum on :
 
*DJ SEC Halts Trading In St. George Metals Inc.>SGGM

07/01/2005
Dow Jones News Services
(Copyright 2005 Dow Jones & Company, Inc.)


=-


(MORE TO FOLLOW) Dow Jones Newswires

07-01-05 0952ET

Copyright (c) 2005 Dow Jones & Company, Inc.


=DJ SEC Halts Trading In St. George Metals Inc >SGGM


By Judith Burns
Of DOW JONES NEWSWIRES


WASHINGTON (Dow Jones)--The Securities and Exchange Commission on Friday announced a temporary halt in trading in St. George Metals Inc. (SGGM), raising questions about its business activities, stock issuance and management.

The trading halt, which took effect at the start of trading Friday, will run through July 15.

Shares in St. George Metals trade over-the-counter in the Pink Sheets. It previously announced a joint venture with CMKM Diamonds Inc. (CMKX) giving CMKM $10 million in exchange for its 5% stake in St. George Metals and 200 billion shares of its restricted stock, valued at an estimated $13 billion.

The SEC said anyone with information on the company may contact its Pacific Regional Office at (323) 965-4519 or by email at stgeorgemetals@sec.gov.

A spokesman for St. George Metals couldn't immediately be reached for comment.

-By Judith Burns, Dow Jones Newswires, 202-862-6692; Judith.Burns@dowjones.com


(END) Dow Jones Newswires

07-01-05 1023ET

Copyright (c) 2005 Dow Jones & Company, Inc.
 
Posted by Ric on :
 
By: great-grape-ape
01 Jul 2005, 10:18 AM EDT
Msg. 1020103 of 1020109
Jump to msg. #
are CXYG, UCA, SHGGF, GEMM, etc... NEXT?
 
Posted by Doctoall on :
 
quote:
Originally posted by Ric:
By: great-grape-ape
01 Jul 2005, 10:18 AM EDT
Msg. 1020103 of 1020109
Jump to msg. #
are CXYG, UCA, SHGGF, GEMM, etc... NEXT?

How sweet it is, what goes around comes around. Urban you had better get your tickets for SA in order [Big Grin]
 
Posted by ACKCANE on :
 
So, does anyone have any more hope or thoughts of CMKX coming out of this alive?
 
Posted by Upside on :
 
Nope. The whole Casavant house of cards is about to come tumbling down.
 
Posted by stockster5 on :
 
aww nuts, I have been trying to buy some sggm and gemm too.
S5
 
Posted by stockster5 on :
 
Just an update about UC's secret mission...
I did some actual snooping and turned this up... UC was observed in the presence some tall
blond folks recently outside of Vegas. Seems UC walked into a abandoned building with them but was spotted hundreds of miles away at the foothills of the Panamints mountains in Death Valley within minutes of entering the building in Vegas. I asked an old Paiute Indian friend of mine how this is possible. He believes the blond people are the Hav-musuvs, His peoples name for the white people flying into the mountains in silver airships for thousands of years and known to the ancient native Indians forever. My friend told me the blonds have had cities within the Panamints and other mountains as long as they can remember. He said, the cities are connected with huge underground tunnels which many machines still use. He also told me, the Hav-musuvs are good guys and are at War with the grays.
So, if UC has been with the grays and Hav-musuvs, I believe UC is a double agent of some type and cmkx and the sec stuff is a cover-up for something more ominous.
So I think UC is from another planet. No normal human being runs a company totally without records, issues billions and billions of untraceable shares and (oh, wait, I forgot enron) and cant win twice in a row at the track. UC must be either completely corrupt or from the planet Orion or somewhere out there.
The truth is out there.. somewhere . So are billions of cmkx shares ..
S5
 
Posted by Ric on :
 
Its a better theory then some that legal has reposted here.
 
Posted by stockster5 on :
 
does anybody have the complete UC company lists..?
USCA, GEMM, etc. etc....
thanks
 
Posted by stockster5 on :
 
Neverland inc ......
 
Posted by stockster5 on :
 
Seriously, what is really criminal is that this is a common technique with hundreds of small cap companies. It isn't a far stretch to see that the SEC. is in big trouble for allowing OTCBB (or other markets) abuses all these years. The DTCC has been covering and issuing phantom shares for years perhaps because fixing all of this would shake down so much and so many within the industry. On the surface it seems, this segment of the market is out of control. I just don't know. It's just so damn unfair that it's on the small investors backs that this charade stands on.
S5
 
Posted by Ric on :
 
Yet people seem to think these companies are investments. Pinksheets are good for one thing and one thing only. In and Out on runs driven by hype or group. Play the moment and get out quick. People even made money on CMKX last year. I did. If you play the moment and buy low and sell high you don't get hurt that bad in this market. If you play your cards right you can even come out ahead.
 
Posted by stockster5 on :
 
Good point Ric. Like I said before, Pink is for long shots, 10 cents and up is for real. .. mostly....

S5
 
Posted by legaleagle on :
 
URBAN SIGNS ENTOURAGE DEAL FOR UNITED CARINA. URBAN DOESN'T SEEM BOTHERED, JUST MOVING ALONG WITH BUSINESS.

By: jimnikon
01 Jul 2005, 10:32 AM EDT
Msg. 232911 of 232917
Jump to msg. #
Urban signs for United Carina Resources in Entourage Filing today?

HMM....

Go to the Entourage Mining F-20 Filing - sub document 5 -


http://tinyurl.com/bke9u


UNITED CARINA RESOURCES CORP.

/s/ Urban Casavant
_________________________
Authorized Signatory
 
Posted by legaleagle on :
 
By: richerob
01 Jul 2005, 11:05 AM EDT
Msg. 232941 of 232984
Jump to msg. #
CMKX has no assets or claims. The only thing going for CMKX is the beautiful Naked Short.

All assets, claims and audited financials are under CIM. They have been there the whole time [Smile] )

What do you think Roger Glenn was working on the whole time, NOT CMKX...it was CIM....

Also the same reason why Urbie pleaded the 5th in court. Did not want to divulge all the CIM info as in the revenue for the ecuador operation, audited financials & sarbanes oxley by Roger Glenn.

Also he same reason Neil Levine received no information or financial ledgers... because there is none...AGAIN all under CIM [Smile] )))

Same reason Bob Maheu has no share in cmkx per 8K...he has CIM shares.

Also the same reason Maheu said I don't know anything about CMKX fincials or operations in court. Because there is none under CMKX. It is all under CIM....

Did I miss anything. Is anything not clear at this point?

We WIN BOYZ and GIRLZ and the SEC can't stop us... HAHAHA


GO CIMMMMMMMMMMMMMMM
 
Posted by stockster5 on :
 
United Carina... yet another UC company????
 
Posted by legaleagle on :
 
quote:
Originally posted by stockster5:
United Carina... yet another UC company????

LOOKS LIKE IT IS NOW, STOCKSTER. ORIGINALLY JUST A JV PARTNER OWNED BY RICK WALKER
 
Posted by legaleagle on :
 
S shareholders
E exiting to
C canada

LOL
 
Posted by ed19363 on :
 
Another half-baked theory.

Actually, UC has transferred everything to a company based on Jupiter and is mining up there for Argon gas.
 
Posted by stockster5 on :
 
sooo, Legal, are you saying cmkm/cmkx has been a shell all along and now you'll all be rich because CIM is going to save everybody.
What is CIM anyways.
 
Posted by stockster5 on :
 
correction Ed, Jupiter is for carborinium and Neptune is for the argon. Jupiers moon Gandymead (sp) is showing precious minerals and and some gold/quartz substrate so UC will most likely go to the moon first...!!
 
Posted by legaleagle on :
 
stocks, not always. Just when naked shorting ruined it.
 
Posted by legaleagle on :
 
Test sale just went through at .00009. All you naysayers that want out at .0001 better get your orders in. LOL
 
Posted by Upside on :
 
Too late for that.
 
Posted by Ric on :
 
Thats the fastest we have gone through one page in a while, lol. Talkative group this week. I think the koolaid was too strong over on PB this week and people are running off. Legal wasn't saying much till now. Started to think he didn't like us no more.
 
Posted by Ric on :
 
I just wonder, after this is revoked. Should we start a pool on how long it will take the Majority of the cult to realize what happened. My guess is 14 months because they will believe they have 12 months for some wild theory and will be reinstated. I said majority because there will be some that in there old age setting in the hospital telling there grandchildren to hold on to this stock. One day it will make you a millionaire.
 
Posted by Ric on :
 
Wow, that was fast. SEC has already started litigation for revocation of SGGM. At least they waited to after halt to do that to CMKX.

http://sec.gov/litigation/admin/34-51961.pdf

SECURITIES AND EXCHANGE COMMISSION Securities Exchange Act of 1934 Release No. 51961 / July 1, 2005 Administrative Proceeding File No. 3-11971 In the Matter of St. George Metals, Inc. ADMINISTRATIVE PROCEEDING INSTITUTED AGAINST ST. GEORGE METALS, INC. FOR FAILING TO MAKE REQUIRED PERIODIC FILINGS The Commission today instituted a public administrative proceeding pursuant to Section 12(j) of the Securities Exchange Act of 1934 against St. George Metals, Inc. (Pink Sheets Symbol: SGGM) to determine whether the registration of its 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 Division of Enforcement alleges in the Order Instituting Administrative Proceeding that St. George Metals had common stock registered pursuant to Section 12(g) of the Exchange Act. The Division of Enforcement further alleges that St. George Metals has failed to file periodic reports since November 2002. A hearing will be scheduled before an administrative law judge to determine whether the allegations of the Division of Enforcement contained in the Order Instituting Administrative Proceeding are true, to provide St. George Metals an opportunity to dispute the allegations, and to determine whether it is necessary and appropriate for the protection of investors to suspend or revoke the registration of St. George Metals securities. Pursuant to the Commission's Rules of Practice, an initial decision shall be issued by the administrative law judge within 120 days from service of the Order Instituting Administrative Proceeding upon St. George Metals. If any person has any information that may relate to this matter, please contact the St. George Metals Investor Line of the Pacific Regional Office of the Securities and Exchange Commission at (323) 965-4519 or by email at stgeorgemetals@sec.gov.
 
Posted by Wallace#1 on :
 
Wasn't that spokeswoman, Vicky, for SGGM somehow related to Urban Casavant?
 
Posted by Ric on :
 
It is his niece according to the SGGM board.
 
Posted by WinsumLosesum on :
 
=DJ UPDATE:SEC Halts Trading In St. George Metals Inc >SGGM

07/01/2005
Dow Jones News Services
(Copyright 2005 Dow Jones & Company, Inc.)

(Updated throughout, adds comment.)

By Judith Burns
Of DOW JONES NEWSWIRES


WASHINGTON (Dow Jones)--The Securities and Exchange Commission on Friday announced a temporary halt in trading in St. George Metals Inc. (SGGM), raising questions about its business activities, stock issuance and management.

The trading halt, which took effect at the start of trading Friday, will run through July 15. The SEC also filed proceedings seeking to suspend or revoke the registration of all classes of the company's stock, and ordered a decision by an administrative law judge within four months.

Shares in St. George Metals trade over-the-counter in the Pink Sheets. The Nevada corporation hasn't filed a quarterly or annual report since 2002.

William Haseltine, of Arlington, Va., said he is the acting chief executive for St. George Metals, and would like to bring the company's financial reports up to date, but hasn't yet received the necessary documents.

"We will move forward as quickly as possible," Haseltine said in a telephone interview.

The SEC said the lack of current information raises questions about St. George Metals' assets and liabilities, along with its mining and other business activities, stock issuance and corporate management.

Last September, in a joint venture with CMKM Diamonds Inc. (CMKX), St. George Metals agreed to pay $10 million to CMKM Diamonds and provide 200 billion shares of St. George Metals restricted stock in exchange for 5% stake in mineral claims held by CMKM Diamonds.

Sandra Harris, associate regional director for enforcement at the SEC's Pacific Regional Office in Los Angeles, declined to comment on whether the SEC's concerns about stock issuance by St. George Metals stem from the deal with CMKM Diamonds.

The SEC said anyone with information on the company may contact it at (323)965-4519 or by email at stgeorgemetals@sec.gov.

-By Judith Burns, Dow Jones Newswires, 202-862-6692; Judith.Burns@dowjones.com


(END) Dow Jones Newswires

07-01-05 1449ET

Copyright (c) 2005 Dow Jones & Company, Inc.
 
Posted by ed19363 on :
 
quote:
Originally posted by stockster5:
correction Ed, Jupiter is for carborinium and Neptune is for the argon. Jupiers moon Gandymead (sp) is showing precious minerals and and some gold/quartz substrate so UC will most likely go to the moon first...!!

Guess that was the original meaning of "to da moonium".....ROFLMAO
 
Posted by ed19363 on :
 
quote:
Originally posted by stockster5:
sooo, Legal, are you saying cmkm/cmkx has been a shell all along and now you'll all be rich because CIM is going to save everybody.
What is CIM anyways.

CIM is one of the reasons I think the Koolaid drinkers are out of their minds.
Go to any stock broker and ask them for shares of CIM. You will get C I M High Yield Securities from the AMEX at about $4.00 a share. It pays monthly dividends.
So you see, anyone who thinks CIM has anything to do with mining or CMKX is insane.
The garbage that we got as divvies is NOT CIM !!! Never was, never will be.
 
Posted by Upside on :
 
CIM is just an acronym for Casavant International Mining. If they were to ever go public they'd have a different symbol. That is never going to happen though. Anyone remember the CMI dividend of maybe 2 years ago? That was Casavant Mining International. After many false promises, those shares were deemed null and void. Same thing will happen here.
 
Posted by ed19363 on :
 
Man, I got shares of worthless crap all over my account because of CMKX.
Kinda wish I had never heard of the damn thing.
 
Posted by legaleagle on :
 
xxed
God of Diamonds

member is offline


"I have had my results for a long time: but I do not yet know how I am to arrive at them."




Joined: Aug 2004
Gender: Male
Posts: 1,587
Re: Urban signs for United Carina in today's filin
Reply #29 on Today at 1:15pm

--------------------------------------------------------------------------------
Guess what!
I just found a PR that CMKX never issued to us.
Cool.
Here it is:
Entourage Mining Adds Joint Venture Partners to Nevada Gold Project
Tuesday April 26, 4:30 am ET


VANCOUVER, British Columbia, April 26, 2005 (PRIMEZONE) -- Entourage Mining Ltd. (the ``Company'') (OTC BB:ETGMF.OB - News) announces that the Company has added two partners to participate in its Black Warrior gold/silver project in Esmeralda County Nevada (the ``Nevada Gold Project'').
United Carina Resources Corp. (Vancouver:UCA.V - News) and CMKM Diamonds Inc. (Other OTC:CMKX.PK - News) have each been granted the right to acquire a 10% interest in the Nevada Gold Project. Each of the optionees can exercise its option to acquire a 10% interest by:


(a) paying $40,000 to Entourage upon Entourage executing its
sub-lease option agreement to purchase a 100% beneficial
interest in the Nevada Gold Project; and

(b) making $85,000 USD in work commitments or an amount equal
to but not to exceed 10% of Entourage's work expenditures
on the Nevada Gold Project.

Entourage welcomes the participation of these companies as the size of the Nevada Gold Project is increasing as more claims are being staked contiguous to the original Black Warrior claim blocks. The company is awaiting drill permits from the Bureau of Land Management and expects to have an extensive drill program underway in the near future.

Entourage Mining Ltd.

``Gregory F. Kennedy''

http://biz.yahoo.com/pz/050426/76886.html
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
Man, I got shares of worthless crap all over my account because of CMKX.
Kinda wish I had never heard of the damn thing.

Me too, ed.
 
Posted by Upside on :
 
So now some company named Entourage Mining is going to be shut down too?
 
Posted by legaleagle on :
 
quote:
Originally posted by Upside:
CIM is just an acronym for Casavant International Mining. If they were to ever go public they'd have a different symbol. That is never going to happen though. Anyone remember the CMI dividend of maybe 2 years ago? That was Casavant Mining International. After many false promises, those shares were deemed null and void. Same thing will happen here.

Up, gotta link to that null and void thingy. Many cert holders would disagree.
 
Posted by Upside on :
 
Gimme a minute.
 
Posted by Upside on :
 
Posted by Legaleagle:
quote:
Up, gotta link to that null and void thingy. Many cert holders would disagree.
Ok, here's what I've got.
Dividend in CMI (Casavant Mining International) announced in August 2003.
The shares were paid out in October 2003.
In December 2003 came this announcement:

"Casavant Mining International, Inc. (CMI) is currently private but plans to go public within two weeks. Details of company going public will be announced shortly."

In early January 2004 they announced a share swap of the CMI shares, one for one, with publicly traded MRDR with details to follow shortly.

At the end of January 2004 they announced a short delay in the swap.

No news then until April 2004 when they announced the cancellation of the share swap. Nothing has been said since.

So, your question to me was can I provide a link to the "null and void thingy". No I can't. I can tell you that there is no such company named CMI/Casavant Mining International anymore and if you have certs with that company name on them, they are in effect null and void.
 
Posted by glassman on :
 
more wallpaper [Big Grin]
 
Posted by will on :
 
Didn't MRDR's CEO deny that he knew anything regarding the deal? Matter of fact, didn't he deny knowing or talking with Urban?
 
Posted by Upside on :
 
Probably, but I can't provide a link. [Big Grin]
 
Posted by will on :
 
The old missing link!

Hey I wouldn't worry about it. 99.9999...% of the crap those fools post have no links furnished either.
 
Posted by Doctoall on :
 
"CellMate Solutions" announced today that they are currently engaged in talks with the Urban's attorney so that Urban Casavant can "assume the position" of President of CellMate Solutions.

If Urban is forced to accept the offer he will have to put his SA travel plans on hold for approx 10 years.

It is rumored that the SEC judges have been giving Urban excellent recommendations for the newly created position at "CellMate Solutions"

You go Urban, do not collect any more share money, go directly to jail. [Big Grin]
 
Posted by Ric on :
 
What I could find out was MRDR changed names to VWAY (VWYI). Also it had the same address as SGGM in its Nevada state filings.

Name: ST. GEORGE METALS, INC.

Type: Corporation File Number: C4070-1984 State: NEVADA Incorporated On: June 13, 1984
Status: Reinstated Corp Type: Regular
Resident Agent: MARK GIEBELHAUS (Accepted)
Address: 1350 E FLAMINGO RD #688

LAS VEGAS NV 89119-
President: MARK GIEBELHAUS
Address: 1350 E. FLAMINGO RD #688

LAS VEGAS NV 89119-
Secretary:


Name: VWAY INTERNATIONAL

Type: Corporation File Number: C5169-1987 State: NEVADA Incorporated On: July 08, 1987
Status: Reinstated Corp Type: Regular
Resident Agent: GORDON FORGEY (Accepted)
Address: 1350 E. FLAMINGO RD
#688
LAS VEGAS NV 89119-
President: GORDON FORGEY
Address: 1350 E. FLAMINGO RD
#688
LAS VEGAS NV 89119-
Secretary: GORDON FORGEY
Address: 1350 E. FLAMINGO RD
#688
LAS VEGAS NV 89119-
Treasurer: GORDON FORGEY
Address: 1350 E. FLAMINGO RD
#688
LAS VEGAS NV 89119-


http://www.vway.biz/home.asp

Where they changed names:

07/01/2004 13:45:36|S2|VWYI|MRDR|VWAY International Common Stock|MIRADOR INC Common Stock|07/02/2004|1-500 R/S **|||u


http://www.otcbb.com/dailylist/txthistory/BB07012004.txt
 
Posted by legaleagle on :
 
YEP, THAT LOOKS FAMILIAR RIC.
 
Posted by ed19363 on :
 
Notice the R/S 1 for 500.
So for every million you end up with 2000.

Heh, heh, heh....it's been almost a year now since we talked about a R/S for CMKX.

Revocation is even worse....
 
Posted by bill1352 on :
 
well i see ric, will & upside found another UC scam link. you know he can pull that chit with united carina..the canadian sec stopped them for using the word diamondferious & not saying it was .0011 micrograms of diamond dust. ya think maybe UC is 1 of those canucks that hate americans & decided to take as many as he could for as much as he could? as i see canada every day, right across the river from me, i know many dont like us.
 
Posted by bill1352 on :
 
ed the r/s talk was before the court thing...as you said no need for 1 now. ya think if UC's last act of cmkx was to r/s cmkx down to 100K o/s the cult would get it??? or maybe a bunch would say it was a great way for UC to trap the shorts & give his beloved shareholders more value as each share would soon be worth $1 miilion each. since those claims are worth hundreds of billions anyway.
 
Posted by bill1352 on :
 
ok this guy needs serious help....


By: jay_adobe
01 Jul 2005, 10:17 PM EDT
Msg. 1021467 of 1021558
(This msg. is a reply to 1021445 by mike777.)
Jump to msg. #
mike, No. I personally think CIM will IPO at $20 and the settlement for CMKX must come relatively soon for us. CIM could run up initially on the IPO, but we will settle at whatever the value of the company comes out to be. Mike, look at the title of paragraph three of the Entourage Mining filing today. Enough said. imo
 
Posted by will on :
 
"Enough said. imo"

Quite enough, dogchit for brains !!!
 
Posted by Ric on :
 
You know when the SEC even calls a stock worthless in an offical motion should say something. I realize that they are trying to revoke the stock but thats harsh words from a lawyer. You don't say that unless your for sure it is. Like when I say that I wouldn't bash CMKX unless I was 100% sure it was worthless.
 
Posted by stockster5 on :
 
Is it just me, or does anyone else envision UC being just smart enough to get online, and be lounging with a chilled cognac reading this board and the koolaid board and laughing so hard as to blow out his hemorrhoid's.
I keep seeing this greasy looking mook by some water somewhere.
If UC is as big a crook as this all looks, he should be 18 feet UNDER water with cement shoes.
S5
 
Posted by Ric on :
 
What is 100 non reporting pinksheet CEO's at the bottom of the ocean????? A good start!!!
 
Posted by stockster5 on :
 
I've just noticed a uncomfortable pattern between cmkx and a stock I own. Both have no product but claim great potential profit. Both have unaccounted share amounts. Both list as ceo
Urban Casa.... OH MY GOD NOOOOOO
 
Posted by stockster5 on :
 
Ric... how about toxic pollution ....
 
Posted by toddr545 on :
 
sounds like sec grasping at straws.
 
Posted by stockster5 on :
 
Um Toddr, perhaps you should read this particular thread from page 1, then reread what you just posted.................
 
Posted by Ric on :
 
Someone may want to inform Debi there is a difference between registering a company with a state and registering to be a public company with the SEC. The biggest problem most of these people have is not understanding what they are talking about. It doesn't matter if they do roll CMKX into CIM. They would have to file the financials with the SEC before the SEC would allow registration of CIM as a public traded company.

Sure CIM could be a public traded company. All they have to do if they roll CMKX into it is file all the financials for the company. Then apply for registration. Even the SEC said in there brief for CMKX. They said, if revoked and CMKX filed all they have to do is reapply for registration just like every other company. Geeze


WWJDthrume

Super Administrator

Posts: 764
Registered: 10/12/2004
Member Is Offline


posted on 7/1/2005 at 11:54 AM



This just keeps getting better. Amazing coincidence that SGGM would be suspended until the judge makes her decision. Hmmmmm.

USCA was suspended when good news was to be announced in October.

SGGM suspended so a door can close on merging there?

CIM registered recently. Can they suspend them before they start?

The Canadian companies that are CMKX related like Pine Channel or other? Will they be suspended in Canada? Or is Canada less corrupt than the US (at least in the market?)

IMO-Debi

What a ride!!! And we haven't even left the station yet. Anyone else have motion sickness?

IMO-Debi

[ July 02, 2005, 02:45: Message edited by: Ric ]
 
Posted by Ric on :
 
I also think its funny that they really believe this is an evil conspiracy by the SEC. They really don't understand why the SEC is revoking CMKX and going after SGGM. This was all started when they investigated USCA and found problems. CMKX filed a false form 15 and should have been filing. By not filing the investing public has no way to know if CMKX is telling the truth. Whether you want to have blind faith in the company is not the SEC's fault. Also SGGM is not filing when they suppose to and the same outcome with them. Of course they are going to do litagation on these companies. Why wait till now. They just found it out while investigating another scam. Its not the SEC's fault that scams seem to pal around together. Or be in the family for that matter. And if you would lay the koolaid down for a minute you would see it.
 
Posted by Ric on :
 
Also you may want to remind Debi that CMKX was suspended from trading in Sask. long before SEC halted CMKX. So theres her answer about Canada. So parts of Canada seems not to have trouble halting CMKX for illegal selling of shares.
 
Posted by ed19363 on :
 
A thought....
UC wants CMKX revoked?
Wonder what would happen if it WASN'T....LOL

LOOK BOSS !! THE PLAM!! THE PLAM!!!
 
Posted by stockster5 on :
 
Okay, we need some more levity again.... It's not UC secret life.. But this is a true story and fits this cmkx whacked out saga. I got the tip from my friend who I just found out as diagnosed as schizo manic depressed and and says he talks to God. But he got a unrelated company tip from his friend at work from Pakistan. God didn't offer any stock advise at that time. Ironically, my friend cyphers coded names from some Jewish Torah code book and gave me CMKX as well. Not too long after that, one of cmkx direct subsidies 'SGGM' went from .0001 to .98 in a two week span last summer. Do the math, amazing. Run the symbol, and check the charts from 1-04 to 12-04. I might as well throw darts at the newspaper.
This is a true story... honest... and it just keeps getting weirder about my poor friend. Maybe some other time about him
 
Posted by Wallace#1 on :
 
quote:
Originally posted by Upside:
I forgot about Wallace. He'll never abandon us. Upside, Wallace & Will, what company I keep!

Hey, fartface, what's that supposed to mean? LOL
 
Posted by legaleagle on :
 
SGGM CHARGES PREFERRED: DELINQUENT IN FILINGS:

http://www.sec.gov/litigation/admin/34-51961-o.pdf
 
Posted by legaleagle on :
 
SGGM was just reinstated at Nev SOS on July 19, 2004. Not even a year old yet and already being targeted by the SEC. In the old days we called that "Selective Enforcement".
 
Posted by striper on :
 
cmkx to the moon
 
Posted by Ric on :
 
"Selective Enforcement" lol

Its called one scam investing in another scam investing in another scam like a house of cards falling down when one card was messed with. So when they looked at one the other came to light. This all started with USCA. If they weren't busted maybe none of this would have happened. Maybe UC shouldn't have taken the 5th when questioned during the USCA investigation or CMKX's for that matter.
 
Posted by Ric on :
 
By: stockshockers4
02 Jul 2005, 10:39 AM EDT
Msg. 2341 of 2341
(This msg. is a reply to 2340 by silverbulletny1.)
Jump to msg. #

so SGGMs new CEO Haseltine was involved in other penny scams that were revoked before?


By: silverbulletny1
02 Jul 2005, 08:32 AM EDT Msg. 2340 of 2340
(Msg. is a reply to by None.)
Seems Judge Murray & Haseltine bumped heads again,

APPEARANCES: William B. Haseltine for Eye Cash Networks, Inc.

Eye Cash, a Nevada corporation, registered its equity securities with the Commission on October 8, 1993, under the name of Leggoons, Inc., pursuant to Section 12(g) of the Exchange Act. (Declaration at 1, Declaration Ex. 1.) On March 16, 1999, the Commission obtained a permanent injunction against Eye Cash in the United States District Court for the District of Columbia, which enjoined Eye Cash from, among other things, future violations of Section 13(a) of the Exchange Act by, for example, failing to file timely periodic reports with the Commission. Despite being permanently enjoined from further Section 13(a) violations, Eye Cash failed to file its annual reports for 2002 and 2003 and its quarterly reports for 2003. (Declaration Ex. 3.) On June 8, 2004, the Commission issued an order suspending trading in the stock of Eye Cash for ten days because there was a lack of current, accurate information concerning Eye Cash's securities. (Declaration Ex. 4.) Eye Cash's answer "admits [to] the allegations in the [OIP] in that certain recent filings have not been made that are required by the Securities Exchange Act," and that it "has been dormant for the past year, and has neither conducted any business nor had access to any capital. Therefore, the filings could not be made on a timely basis." (Eye Cash Answer at 1.) An attestation by the Commission's Records Officer dated August 16, 2004, states that "Eyecashnetworks, Inc. f/k/a eConnect and Betting, Inc." has not filed annual reports on Form 10-KSB for 2002 or 2003 or quarterly reports on Form 10-QSB for the three quarters ending March 31, 2003, June 30, 2003, and September 30, 2003. (Declaration Ex. 3.)

Based on these undisputed facts, I find the allegations in the OIP to be true. Eye Cash violated Section 13(a) of the Exchange Act, Rules 13a-1 and 13a-13, and the permanent injunction enjoining it under its previous name, Betting, Inc., from being delinquent in making required filings with the Commission. SEC v. Betting, Inc., Civil Action No. 99-CV-0621 (D.D.C. Mar. 16, 1999). (Declaration at 1, Declaration Ex. 2.)

__________________
Brenda P. Murray
Chief Administrative Law Judge
 
Posted by Upside on :
 
Posted by Wallace #1
quote:
Hey, fartface, what's that supposed to mean? LOL
Nothing at all. Just proud of the company I keep. Aren't you proud to be on an even keel with Will?
 
Posted by will on :
 
Hey UpMan, how's your buddy poot poot, and what was your other friend's name, bouse bouse or someting like that? You're not on good terms with those guys anymore? I thought you three were famous friends from way back ???
Course you probably hung out with, nutsac, ballicker, and goforchit at one time too.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by Upside:
Posted by Wallace #1
quote:
Hey, fartface, what's that supposed to mean? LOL
Nothing at all. Just proud of the company I keep. Aren't you proud to be on an even keel with Will?
You saw what that clown, will, posted in answer to you and you have the nerve to insult me by suggesting I am on an even keel with him? That guy's keel is all up and down his backside. You are a damn instigator! LOL
 
Posted by Wallace#1 on :
 
By the way, a happy and safe 4th of July to all of you!
 
Posted by will on :
 
Now Wallace, my feelings are hurt. I thought you and I were good buddies.
 
Posted by Ric on :
 
I think someone said it perfect the other day. The odd couple. But here its the odd couple plus one, lol.
 
Posted by Upside on :
 
Will,
Bous Bous and Poot Poot were good guys/gals. As are Wallace, Legal, Ric, Doc, Ed, Bill, Dwman, Stockster, and anyone else I've forgotten. You on the other hand, defy description.
 
Posted by will on :
 
bous bous, that's it.
No problem, Upman, I will be the anti-Christ of the CMKX thread. The lions ate the Chrisstians here, but there's still a couple around, so someone has to keep it balanced. Fencesitters don't get the job done.
 
Posted by will on :
 
Upman, poot pott, and bous bous. LOL
 
Posted by Upside on :
 
3 good people.
 
Posted by will on :
 
yea, I think I'll legally change my name to poot poot.

I'm not sure about poot poot and bous bous, but I know what you're good for, CHIT !
 
Posted by Ric on :
 
chitty chitty bang bang
 
Posted by Wallace#1 on :
 
quote:
Originally posted by Ric:
chitty chitty bang bang

Get your mind out of the gutter, Ric. LOL
 
Posted by legaleagle on :
 
Ric, I would imagine that Haseltine had a lot of contacts with Murray since he is a former SEC attorney.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by legaleagle:
Ric, I would imagine that Haseltine had a lot of contacts with Murray since he is a former SEC attorney.

Yeah, I noticed that too. Another one! Glenn was too!
 
Posted by Ric on :
 
Watching this about that little girl found today. I think this country needs to get a little balls to them and at least castrate these perverts. If he killed that boy, him and that monster that killed that little girl in Florida and others like them should die painfully. I would prefer myself that they build a huge collisium and have national coverage. Have half starved lions or tigers loose with obsticles course to make it interesting. Make it primetime, not pay per view because we want these lowlifes to see what will happen to them if they do something like this. Have Vegas give odds on how long they can hold out before the tigers kills them.
 
Posted by tomr929 on :
 
I see you forgot to take your medicine again
 
Posted by bill1352 on :
 
i agree ric but i'd rather have each limb attached to an elephant. then 1 at a time have a limb detached. at some point we need to quit letting these monsters off easy. they destroy lives of the young even those that live. tho if let loose in genral population in the worst prisons they do get what they deserve for however long they survive. only most end up in protective custody in prison.
 
Posted by bill1352 on :
 
legal odds are SGGM is not shorted. the last know o/s was 14,487,159 but as we known the a/s is 900 billion, 200 billion of which was to go to cmkx. with that o/s 725K would put it on the SHO list. the o/s is not 14 million any more. its at least 25 million & probably much higher. about 6 weeks ago when news hit about signing a deal for some platinum claims i jumped in fast figuring a serious run would happen. i got out a bit over even because from watching the trades it was easy to see the dilution. i watched a few days & the dilution keep going. back when the CMKX deal hit & it ran, the volume was nothing like 6 weeks ago. there were no shares available so the pps went crazy, this time there were more then enough shares to go around. if it was naked shorting causing this mm's would have first let the pps run some so that they could profit more. this is the problem with the SHO list & non-reporting companies. there is no way to know if it should be there. with SGGM just raising the o/s to 16 million would put it on the SHO list unless the o/s increase is reported.
 
Posted by ed19363 on :
 
Not to change the subject, but my milkman is of the opinion that the judge will rule about CMKX on Tuesday....
 
Posted by bill1352 on :
 
as for the halt they never filed a form 15 to stop reporting thus they were required to continue reporting. giving cmkx $10 million in cash say they could afford to report. as has been pointed out the SEC probaly noticed when it started investigating USCA & CMKX. chances are they have a better defence because with a 14 million o/s & no business there had to be less then 300 shareholders, thus they had the right to file a form 15. if they kept the books up right they can probably get away with a few of the latest filings & a form 15 for a few yrs. a deal could be arranged.
 
Posted by bill1352 on :
 
i dont think so ed, too soon after the final briefs. she probably didn't read everything till everything was filed & reading it, checking the laws & past rulings that apply will take at least a week. my guess is between the 12th & the 15th.
 
Posted by Ric on :
 
From Pinksheets on SGGM

Outstanding Shares: 16,951,526 as of 2004-09-06

I bet there at least a zero added to that by now.
 
Posted by Ric on :
 
I tell you what though. I sure wish you could short a pinksheet. This will drop like a rock after the halt is over.
 
Posted by legaleagle on :
 
MULTIPLE STREAMS OF INCOME!!!

From PB 32


Starlight
God of Diamonds

member is offline


Joined: Oct 2004
Gender: Female
Posts: 1,742
Location: Houston, Texas
MULTIPLE STREAMS OF INCOME!!!
Thread Started on Jun 29, 2005, 7:45pm

--------------------------------------------------------------------------------
During this past year numerous posters have speculated
to the possibility that CMKX would merge into CIM and lose its own identity....

What has concerned me about that is the fact that Urban has told numerous people at the races that CMKX would be a heritage stock. How can you have a heritage stock that merges into another entity and simply vanishes???

Also, if CMKX were to merge into CIM then how do you take possibly 2-3 trillion shares with you into another clean entity (No NSS) and why in the world would you want to do that....???

Some may say that the answer to that would be a Reverse Split but Urban has repeatedly stated over and over again "NO Reverse Split."

If Urban only took cert holders with him then can you imagine the mess of a situation that he may face with furious shareholders who feel lost in the shuffle....!!!

How do you solve this so that everybody is happy...???
How about the people who may have ordered their certs at the last minute and whose orders simply did not get filled in time before the transfer agent says "NO MORE CERTS"....???

If CMKX were to merge into another entity then how would you explain the mega bucks that have been spent on promting the CMKX name....??? That would all be a waste!!!

This has had me very puzzled up until now....Perhaps Urban's plan all along was to create multiple streams of income....!!!

Just this past week the poster, hermannmaier, provided a link at my request to a PR that was released July 19, 2004. I had read it as I had read all of the PRs and did not give it much thought at the time. The PR I am referring to says CMKM Diamonds, Inc. has agreed to invest US$1,000,000 in Casavant International Mining rreferred to as (CIM). CMKM Diamonds, Inc. will receive in return a 10% lifetime royalty on all mineral claims of CIM. Wow!! How in the world did I not take notice to that one last year......???

Then along comes Vindication LLC, a new Las Vegas corporation that has UC and Maheu's stamp all over it!! And get this- they will be releasing their officers on 6/30 at 12:01 am- just one day before our beloved Judge Murray can rule on our administrative hearing!!! You may ask what does that have to do with anything....???

I have always thought that CMKX would not passively wait until the Judge rules on our case. That is just not the style of UC and Maheu. They are the types to take matters into their own hands and throw them a curve ball. IMO I believe that CMKX will halt the trading of thier own stock then transfer the remainder of their assets into CIM. Vindication LLC (which would function as a holding company) would hold all of CMKX's shares.... the NSS and those who hold certs. Keep in mind that most of the assets have already been transferred out of CMKX into other entities or J/Vs.

In this scenario Vindication LLC would hold all shares (both NSS and certs) and would trap shorty into paying on these shares for many years to come with yearly dividends. The beauty of this is that since shorty cannot sell the stock then he cannot make the money on the spread difference nor can he cover quickly while shareholders are rushing to sell quickly at the slightest spike in the pps. Perhaps Urban's plan is to take CMKX private and use it for the retail end of the business but shorty would still be locked in forever!!!

If CMKX were to let their stock continue to trade on the open market then shorty could simply choose to not make a market for our stock at all if they saw a really big squeeze coming. Or the brokerage houses could collectively decide to not make a market for our stock anymore if they have gotten in too deep. Or the MMs could simply file bankrupty. This way they would be allowed to stay in business but would pay dearly each year for years to come!!! Extended pain that they would not forget!!!

Now Back to the Multiple Streams of Income.....

In my earlier thread, Starlight's Theory, I speculated that if CMKX had agreed to be a guinea pig in a sting operation for the SEC and the SEC agreed to reward them with the lion's share of the DTC's insurance policy in their efforts to folow the money trail of funds that could be seeping out of our country to fund offshore terrorits activities. This would explain why CMKX chose to go from reporting to non-reporting status and why the Regulations SHO has a Grandfather Clause to protect the governemnt from being liable for any and all NSS that existed prior to Jan. 2005 (that has not been proven- We have according to the OG group and already had a plan in place.

In this scenario we would get the lion's share of the DTC's insurance policy- but how would the MMs pay...???
Now with the Vindication LLC in place this is just too perfect for words!!! So in this situation CMKX would remain a separate entity under Vindication LLC (probably private) and CIM would IPO and all those who already have shares would also benefit from any sale of their stock when the restrictions are lifted in a few months.

Then our valuation would finally be released under CIM. All claims that belonged to CMKX that had been dispersed into other entities would then merge back into CIM, all our JV's would do their own IPOs and
then all merge together down the road while CMKX (which would be private) would handle all of the retail part of the business. Those who did not get the early CIM dividends would be allowed to buy into CIM at pre-IPO prices. And we would all get yearly dividends (royalties) from our CMKX stock from shorty under Vindication LLC!!!

Please keep in mind that the above scenario is just my opinion so please treat it as such.....!!!

Still Keeping the Faith....!!!

Starlight
 
Posted by Ric on :
 
Nine more trading days left.
 
Posted by ed19363 on :
 
Please keep in mind that the above scenario is just my opinion so please treat it as such.....!!!

In other words "I am a Koolaid drinker, and a fool, so you may disregard anything I said above. I have nothing to do today, so I thought I would ramble on about something that I know nothing about because I like to hear myself talk. I have no proof of anything and probably never will."
 
Posted by hodag on :
 
quote:
Originally posted by legaleagle:
SGGM was just reinstated at Nev SOS on July 19, 2004. Not even a year old yet and already being targeted by the SEC. In the old days we called that "Selective Enforcement".

Maybe that is what they called it in the old days, now it is called building a RICO case. There are just too many companies with multiple securities violations that have the same people's fingerprints on them - somebody is in trouble here.
 
Posted by WinsumLosesum on :
 
 -

http://tinyurl.com/cz4y9
 
Posted by bill1352 on :
 
if UC gave SGGM to pay cmkx watch a money laundering investigation pop up. add to that an internal pump & dump scheme. UC knew the cult & how they jumped at everything. SGGM has a 16 million o/s at the time of the cmkx deal. most are probably insider owned thus very small float. UC gives them $10 million for the deal, the pr hits, pps flys to .75 from .03, shares get dumped, say 25 or 30 million if not more, SGGM pays UC back, they have cash on hand left. not 1 word came from SGGM except to announce a new CEO if i remember correct, till the vermiculite deal. that was followed by the uranium deal. all this from a company that at the last filing had zero cash, zero assets & zero business.


by the way didn't the sggm/cmkx pr state sggm got 5% of every cmkx claim? wouldn't that mean the S.A. gold mine too?? if thats true it sure helps the S.A. goldmine income...cmkx & usca split 50 - 50...cmkx gives 20% of theirs to nevada minerals & 5% more to sggm. i'd say keeping all the crooks in line is expensive.
 
Posted by bill1352 on :
 
legal...you have got to get a hold of the kool-aide makers & tell them to dilute it greatly....


jimmylegs
Diamond Hunter

member is offline




Joined: Jun 2005
Gender: Male
Posts: 9
Location: Chicago
Re: are ST.George Metals shares going to be future
Reply #2 on Today at 9:19am

--------------------------------------------------------------------------------
IMO Iron Bob wanted it leaked that we're worth 260 billion.......info without official pr........why?...we will see.
 
Posted by bill1352 on :
 
legal, quick question...do you hold some of your cmkx in cert form & if so did that number of shares disappear from your total in your account?
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
legal, quick question...do you hold some of your cmkx in cert form & if so did that number of shares disappear from your total in your account?

YES AND YES
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
if UC gave SGGM to pay cmkx watch a money laundering investigation pop up. add to that an internal pump & dump scheme. UC knew the cult & how they jumped at everything. SGGM has a 16 million o/s at the time of the cmkx deal. most are probably insider owned thus very small float. UC gives them $10 million for the deal, the pr hits, pps flys to .75 from .03, shares get dumped, say 25 or 30 million if not more, SGGM pays UC back, they have cash on hand left. not 1 word came from SGGM except to announce a new CEO if i remember correct, till the vermiculite deal. that was followed by the uranium deal. all this from a company that at the last filing had zero cash, zero assets & zero business.


by the way didn't the sggm/cmkx pr state sggm got 5% of every cmkx claim? wouldn't that mean the S.A. gold mine too?? if thats true it sure helps the S.A. goldmine income...cmkx & usca split 50 - 50...cmkx gives 20% of theirs to nevada minerals & 5% more to sggm. i'd say keeping all the crooks in line is expensive.

bill, if UC chose to invest his money in SGGM, where is the violation? He probably bought shares. If he were doing anything illegal, I doubt he would PR it. All informed people knew SGGM was a shell held by Urban before being reactivated. Noah posted it here last year.
 
Posted by bill1352 on :
 
its called money laundering legal. you put cash in for something you then sell to make the cash back. only the loan is not paid off. the money is then clean...i'm not saying that is what was done but it has been rumored the sggm cash came from UC. thus the chance this is what happened is possible. since neither are reporting & no idea who owns what in either it could easily be hidden from investors in both companies. also possibly why the SEC is going after both companies. something they found in the investigation of either USCA or CMKX may have lead them in that direction.
 
Posted by Ric on :
 
It was the next step. They already sold 778 billion shares of CMKX. The scam was up for it. There is really was no way to sell much more other then the personal shares and once he got rid of all of them then he needed a new start. And I think he has sold most of them by now.

SGGM looks to be it. They were smarter this time. Start the o/s at 500 billion so that way the cult won't be able to guess what the dilution is until it was to late. Not that they shouldn't have in CMKX but still. Now he has another profit making company. Selling stock has got to be his specialty now. I am sure though he will find another way to scam you out of your money so don't worry. You can give him your kidney by next year.

I just wonder how long till this thing hits the cult up side their head. Hopefully it will knock some sense in them and they can go after the real thief here. UC needs to go down soon. But real crooks rarely ever get caught until its too late for the public.
 
Posted by legaleagle on :
 
BILL, I TOLD YOU ABOUT THAT SLIPPERY SLOPE. LOL NOAH DEFENDED YOU THOUGH. SPEAKING OF SLIPPERY, NEED ICE FOR THAT KOOL AID?


Topic: Bill1352 wow you have a interesting history (Read 197 times)
Gluggo
God of Diamonds

member is online




Joined: Aug 2004
Posts: 1,206
Bill1352 wow you have a interesting history
Thread Started on Today at 11:48am

--------------------------------------------------------------------------------
Hello Bill1352 I dont normally DD on past fellow posters. But I wanted to print your past 86 posts. Over the years I have been in CMKX I have been alot gentler to those I feel may be suspect in claiming to be in CMKX. You my friend I want to be extra careful in letting people know that I in NO WAY an trying to claim you do not own CMKX or are a PAID Basher or are trying to get any of us to sell our CMKX shares. No sir I wanted only to show the board if you have any

1. Positive things to say about CMKX management?

2. Postive things to say about CMKX in general?

I went thru all your posts and I must say your postings sparked my intersts in you! I dont know why you bought CMKX but if you would like to share with us I personally would like to know. I really want to know why you feel and say the things you do about CMKX. I feel you deserve to be heard I really do.
You and I are different in that I really do in my heart believe CMKX is a great stock to own and that we as shareholders will be rewarded. But thats what I believe in my heart. I do not really know whats in your heart but I do want to respect you for your beliefs. In your case I feel you deserve this thread only to
1. Educate those other shareholders about how you feel.
2. Let you know you do have a friend here on this board who will not judge you for how you really feel in your heart about CMKX.
So with that I want to share with the board all your post you made. Please know I am not trying to embarrass you or put you down. You have contributed to this board but in what I would consider the VERY CONSERVATIVE and somewhat Negative tone. ( excuse me for my 1 judgemental thought.
At least you do keep with your beliefs and do not sway from what you believe in. That is how I am also but maybe we believe in 2 seperate ways.
So thanks for your postings and please do not feel I am picking on you. For I really am not just bringing a little spot light to your name and postings! I will start with your very first post!
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
its called money laundering legal. you put cash in for something you then sell to make the cash back. only the loan is not paid off. the money is then clean...i'm not saying that is what was done but it has been rumored the sggm cash came from UC. thus the chance this is what happened is possible. since neither are reporting & no idea who owns what in either it could easily be hidden from investors in both companies. also possibly why the SEC is going after both companies. something they found in the investigation of either USCA or CMKX may have lead them in that direction.

Money laundering requires the money to be "dirty" in the first place.
 
Posted by Ric on :
 
I see you have made new friends there Bill, lol. I would have to hard of a time biting my tongue to make friends like that. I hate using the word moron but I know it would slip out at some point.
 
Posted by Ric on :
 
Legal its called money he has been stealing from CMKX.
 
Posted by bill1352 on :
 
well i'll be...just read & replyed at PS32...lol i agree ric, a few of the ppl posting there do cause my jaws to clinch...lol. like the guy thinking CIM will IPO at $20. whatever planet he is on i want to move to, think of the cash to be made dealing with that type of ppl. i did post on that thread using microsoft as my example as to how impossible that is & i was civil about it.....lol


can i get my paid basher status back now?????.....lol
 
Posted by ed19363 on :
 
The countdown begins......


12 DTG
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
Legal its called money he has been stealing from CMKX.

LINK??? LOL
 
Posted by Ric on :
 
703 billion shares sold, 30 million in debt, no expenses for 2004, and no records. The link is easy to see if you weren't a heavy drinker. Koolaid that is, lol.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by Ric:
703 billion shares sold, 30 million in debt, no expenses for 2004, and no records. The link is easy to see if you weren't a heavy drinker. Koolaid that is, lol.

You forgot "Took the 5th"!
 
Posted by Wallace#1 on :
 
Re: Gluggo's post that legal reposted:
"I really do in my heart believe CMKX is a great stock to own and that we as shareholders will be rewarded. But thats what I believe in my heart."
--------------------

Problem is, that poor fool doesn't know the heart does not think....only the mind thinks. He/she should really try using it a bit more.

You are welcome to pass that on to Gluggo, legal.
 
Posted by legaleagle on :
 
Very worthwhile looks at some CMKX principal players:

http://www.cia.gov/cia/public_affairs/press_release/1997/trailblazers.html

Search David E. Coffey


http://www.state.gov/g/inl/rls/rm/2001/may/3399.htm

Neil Levine, Senior Adviser for Governance, U.S. Agency for International Development

Look at Levine's duties for the State Department.

Neil Levine USAID

http://www.usaid.gov/policy/ads/200/updates/iu2-0503.pdf

[ July 03, 2005, 22:26: Message edited by: legaleagle ]
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
Re: Gluggo's post that legal reposted:
"I really do in my heart believe CMKX is a great stock to own and that we as shareholders will be rewarded. But thats what I believe in my heart."
--------------------

Problem is, that poor fool doesn't know the heart does not think....only the mind thinks. He/she should really try using it a bit more.

You are welcome to pass that on to Gluggo, legal.

Wallace, something tells me Gluggo wouldn't really care much what you thought.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by Wallace#1:
Re: Gluggo's post that legal reposted:
"I really do in my heart believe CMKX is a great stock to own and that we as shareholders will be rewarded. But thats what I believe in my heart."
--------------------

Problem is, that poor fool doesn't know the heart does not think....only the mind thinks. He/she should really try using it a bit more.

You are welcome to pass that on to Gluggo, legal.

Wallace, something tells me Gluggo wouldn't really care much what you thought.
Judging where he posts and what he posts, I am not surprised. With his heart, all he can do is glug, glug, glug. Far too much koolaid. As Ric says, "Invest with your brain, not with your heart."
 
Posted by Ric on :
 
These morons should be put in prison for these lies. At least sue them for a return on your worthless investment after 11 days.

By: Willy Wizard Club
03 Jul 2005, 08:50 PM EDT
Msg. 1023180 of 1023351
Jump to msg. #
BASHERS ARE DONE AND WHINERS ARE AH0LES

acca posts in Willy's, update:

It's All Public!! .37 WATCH!!!! Watch!!!!!!!!!!! Can You Handle It!! We All Breathe It! It's Officially Over!! Enjoy Yhe Fireworks!! Urban (thumbs up) It's Over!!!!!!!!!!!!!!!!! Serious!!!!!!!! It's OVER!!!!!!!!!! It's Just Over!!!!!!!!!!! Vindication!!!!!!! Watch!!! In Amazement!!!! Finally!!!!!!!!!!!!!!!!!!!!!The Finale!!!Get Off Your Fence??? Options Gone!! They Are Done!! Night Night!! Congratulations!!!Cashdiv, Finally! (response to user) Period!! It's Over!!! Period!!!
 
Posted by legaleagle on :
 
Another Levine Link: http://bogota.usembassy.gov/wwwsaidf.shtml
 
Posted by Ric on :
 
What are you doing Legal, trying to prove my point for me. Levine the one who said it didn't want to do business with CMKX. lol
 
Posted by legaleagle on :
 
The question of USAIDs relation to the (An independent agency of the United States government responsible for collecting and coordinating intelligence and counterintelligence activities abroad in the national interest; headed by the Director of Central Intelligence under the supervision of the ) Central Intelligence Agency is a controversial one. Many assert that the CIA has used USAID to provide support for its programs. For example, Louis Wolf, co-publisher of CovertAction Quarterly, who worked in (A mountainous landlocked communist state in southeastern Asia; achieved independence from France in 1949) Laos from 1964 to 1967, asserts that some of the CIA personnel working in (Click link for more info and facts about Operation Phoenix) Operation Phoenix in (A communist state in Indochina on the South China Sea; achieved independence from France in 1945) Vietnam were working under USAID cover.

In a lecture given in 2000 at the (Click link for more info and facts about University of the Philippines) University of the Philippines-Manila, Roland G. Simbulan described the importance of the CIAs operations in the Philippines, and noted: During my interview in 1996 with Ralph McGehee, a former CIA agent, and other former CIA operatives assigned to the Manila station, I was told that the CIA had many unheralded successes in the Philippines such as the manipulation of the trade union movement through the Asian-American Free Labor Institute (AAFLI) and through funds which were channeled thru the USAID, Asia Foundation and (Click link for more info and facts about National Endowment for Democracy) National Endowment for Democracy. (*)

Some claim that there was in the past, but no longer is, a relationship between the CIA and USAID. Others disagree. Eva Gollinger, for example, maintains that the USAID was being used by the CIA as recently as the 2002 attempt to bring down the government of (Click link for more info and facts about Hugo Chvez) Hugo Chvez in (A republic in northern South America on the Caribbean; achieved independence from Spain in 1811; rich in oil) Venezuela. She offers documentation to support her view that the USAID was part of an "intricate financing scheme" that used "millions of dollars in financing to build and maintain the opposition movement and finance the recall referendum campaign against President Chvez," and notes: "in June 2002, the US Agency for International Development (USAID) set up an Office of Transition Initiatives (OTI) in the U.S. Embassy in (The capital and largest city of Venezuela) Caracas, allegedly for the purpose of helping Venezuela to resolve its political crisis. The OTI in Caracas has counted on more than US$15 million in funding from Congress since June 2002 and has recently requested five million more for 2005, despite the fact that it was only supposed to be a two-year endeavor. All evidence obtained to date shows that the OTI has primarily funded opposition groups and projects in Venezuela, particularly those that were focused on the August 15, 2004 recall referendum against President Chvez." (*)
 
Posted by striper on :
 
we will make money on cmkx.
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
What are you doing Legal, trying to prove my point for me. Levine the one who said it didn't want to do business with CMKX. lol

But he did, and played his role well.
 
Posted by stockster5 on :
 
check UC's website... business as usual...
link: http://www.casavantmining.com/index.asp

I know this is old stuff... also I found cmkm on a Infomine.com website.. all about mining co's
 
Posted by bill1352 on :
 
levine played his role well???? you mean charging $75K for having to deal with a scam in the first place? getting on the stand & saying they gave him nothing & he would not represent a company like CMKX? that means 1 of 2 things..they told him he would be paid $75K to look around & then quit right before trail then get on the stand & talk trash about cmkx or 2) cmkx used him, telling him nothing.
 
Posted by bill1352 on :
 
this is long but i'd say the SEC is doing something about NSS, the DTC's loopholes. might be that the bad guys will soon get the message.....


The PIPEs Report
Part One of a Three-Part Series
by Brett Goetschius
July 1, 2003

Some of the most active private placement agents and investment managers stand accused of conspiring to defraud hundreds of small-cap companies, including dozens of Private Placement in Public Equity (PIPE) issuers, TPR has recently learned. Specifically, government investigators and plaintiffs attorneys are charging the defendants with executing stock-kiting schemes to exploit loopholes in the U.S. stock clearing and settlement system. Through these methods, the agents and managers allegedly inflated small-cap companies downside trading volumes and reaped massive profits from short positions.

The allegations are contained in court documents and investigative reports of U.S. and Canadian authorities. An ongoing joint U.S.-Canadian investigation into the matter has already yielded 58 indictments of U.S. and Canadian offshore brokers and hedge fund managers. Those arrested include Mark Valentine, former president of the defunct Toronto brokerage Thomson Kernaghan. Valentines firm was closed by the Ontario Securities Commission a year ago. Its closure led to the largest claim ever against the Canadian commission.

Thomson Kernaghan is named in a $2.6 billion lawsuit filed in May by Sedona against its placement agent, Ladenburg Thalmann; several former Ladenburg executives; New York-based PIPE fund manager Rhino Advisors; and several offshore funds and securities firms associated with Rhino and British Virgin Islands-based Creon Management. In the lawsuit, a copy of which was obtained by TPR, Sedonas attorneys assert that former Ladenburg executives Michael Vasinkevich, David Boris and Thomas Tohn schemed with Creon fund manager David Sims, Rhino principal Thomas Badian, and Rhino-managed funds Amro International, Roseworth Group, Cambois Finance, and Markham Holdings to defraud Sedona and its shareholders through the illegal manipulation of the funds investment in a $3 million floor-less convertible PIPE issued by Sedona in January 2000.

The Sedona suit goes on to allege that Rhino used its funds and cooperating broker/dealers in the U.S., the Caribbean, and Canada, including Thomson Kernaghan, to orchestrate a campaign of massive, uncovered short-selling of Sedonas stock, despite specific prohibitions against such activity in the stock purchase agreement. Sedona claims this naked shorting campaign painted the tape with extraordinarily high selling volume and decimated its share value, ultimately allowing Rhinos funds to convert their securities into common stock at a fraction of true value.

The SEC filed suit this spring against Rhino and Badian, alleging Badian manipulated the market through an illegal short-selling campaign against Sedona. The commission claimed Rhino was using brokers and electronic exchanges based in the U.S., Canada, and offshore to hide and wash short trades even after the NASD placed short restrictions on the stock. Rhino settled with the SEC for $1 million without admitting or denying the allegations.

All of the defendants in the Sedona suit have filed to have the case dismissed. Southern District of New York federal judge Kimba Wood has yet to set a hearing to rule on the motions. Court papers filed in the case set out for the first time the exact nature of the scheme. The papers also reveal the alleged players in a conspiracy that Sedonas attorneys, famed tobacco and implant-liability lawyer John OQuinn and accomplished attorney Wes Christian, believe has victimized hundreds of small-cap companies and cost shareholders billions.

A Rigged System

Some of the investors accused in the scheme have connections to offshore and European trusts operated by alleged money launderers working for the Russian mafia and Colombian drug cartels. Even more intriguing and insidious than these claims, however, are the methods used by the defendants to perpetrate the fraud. They are accused of exploiting weaknesses in the centralized book entry clearing and settlement system used by each of the nations stock exchanges. The Sedona court papers shed light on how market participants can manipulate the system, operated by the Depository Trust Company and known as FAST. The court papers argue that perpetrators have exploited the book-entry clearing system to kite stock by selling short shares and allowing the trades to fail, or covering them via surreptitious, off tape purchases that can drastically inflate a small-cap companys outstanding float and greatly distort trading volume on the sell side.

Such a scheme was allegedly executed using Sedona stock by former Ladenburg executives working in concert with Rhino and its offshore network of hedge funds, U.S. market makers Wm. V. Frankel and Westminster Securities, and Thomson Kernaghan.

The story here, in our belief, is about a rigged system. That rigged system occurs by virtue of a broker/dealer community that doesnt deliver securities in a timely manner. We believe [the perpetrators] are aided by a lack of procedures at the DTC and the National Securities Clearing Corporation, each of which is owned by the broker/dealers, Christian said last week in an interview in New York, where he was taking depositions for the case. The case got much larger than just some bad guys and some money launderers when those guys found holes in the system and began using them profusely. They wouldnt have been allowed to do this if everybody had been enforcing the rules that were created to keep this from occurring.

Christian, of Christian, Smith & Jewell, and OQuinn, of OQuinn, Laminack & Pirtle, have devoted 70 attorneys to the 20 suits the Houston-based firms have filed against Rhino and other alleged perpetrators of the stock-kiting schemes. Christian says he expects to file similar suits on behalf of another 80 companies in the coming months.

The Goldman Sachs of Small-Caps

According to Sedonas complaint, the scheme began to unfold shortly after Michael Vasinkevich and his team from Paul Revere Capital moved into Ladenburg Thalmanns Long Island branch offices in the summer of 1999. There, they began soliciting financing business for Ladenburgs structured finance group. At the time, Vasinkevich and the Paul Revere team were working with former Ladenburg executive vice president David Boris. Boris, now a managing director at Morgan Joseph, is a defendant in the suit. (All of the Sedona defendants contacted for this article declined to comment.)

Vasinkevich, in an August 1999 letter to Sedonas CFO Bill Williams, asked Williams to consider using Ladenburgs Secondary Offering Substitute and Private Placement Alternative, or S.O.S., PIPE program to raise capital through a private offering. In the letter, Vasinkevich boasts of Ladenburgs access to $50 billion of investment capital and trumpets Ladenburg as the Goldman Sachs of small cap companies. Vasinkevich goes on to describe the S.O.S. program as a hard floor convertible program that protects small-cap issuers like Sedona from short selling and arbitrage plays:

S.O.S. . . . enables a company to raise funds when and as needed. The company sets a hard floor - a threshold price below which it will not issue any stock. The company knows exactly how much money it can receive every month during the life of the S.O.S. Product. Since the company decides when and how much money to draw down, the S.O.S. Product offers market ambiguity as to timing and dollars raised, keeping short sellers and arbitrageurs at bay.

In what Sedona calls a bait and switch by Vasinkevich and former Ladenburg associate Thomas Tohn, Ladenburg allegedly agreed to provide up to $50 mil-lion over time through the S.O.S. program, beginning with a commitment to place up to $17.5 million. Sedona announced the initial agreement in January 2000. As part of the financing program, Vasinkevich subsequently suggested Sedona issue $3 million of variable-priced convertible preferred stock. He said it would serve as interim financing in case our proposed underwritten common stock and warrant deal is delayed due to the SEC review of the registration statement, according to a late December 1999 fax from Vasinkevich to Sedonas Williams.

The Ladenburg PIPE did indeed include a $3.50 per share hard floor on the securities conversion pricingbut only for the first 90 days. After that, the fixed conversion price was replaced with a floorless pricing formula that used a conversion price equal to the lesser of $5.12 and 95% of the aver-age of the three lowest closing bid prices of Sedonas common stock during the 20 consecutive trading day period immediately preceding the conversion date, according to Sedona's S-3 filing for the offering.

Notably, the terms of the stock purchase agreement prohibited holders from engaging in any short sales of Sedona stock. Sedona executed the PIPE offering with Ladenburg in late March 2000. The companys shares traded near $6 on the Nasdaq Small Cap Market.

The Offshore Players

Sedona agreed to pay Ladenburg a fee equal to 1% of the face value of an expanded $50 million shelf registration, plus 6% of the gross proceeds from each sale of the securities, and warrants equal to 7% of the gross proceeds. Ladenburg placed Sedonas convertible securities with several funds managed by Rhino Advisors, Badian, and David Sims, a principal at Creon and British Virgin Islands-based Beacon Capital Management.

Rhino placed the Sedona securities with several offshore funds managed by Sims and a David Hassan of Gibraltar, including Amro, Roseworth, Markham, and Cambois Finance. Amro, which has invested more than $47 million in Rhino-managed PIPE deals according to private placement research firm Placement Tracker, is identified in SEC filings as a sister fund of Creon. Other filings declare Roseworth and Cambois as being wholly owned by Creon. Creon is also listed as the guarantor of another PIPE fund that uses the address of H.U. Bachofen in Zurich, Switzerland. Bachofen is, in fact, president of Amro. Finally, a funding announcement filed with the SEC in April 2000 by Stockgroup.com, a Rhino PIPE investment, states of Rhino that in three years of operation its investment strategies have nearly quadrupled the base capital deposited into Amro and Creon.

Several of Rhinos funds, including Roseworth and Markham, are registered to a Lichtenstein-based law firm, Dr. Dr. Batliner & Partner. Batliner, who claims to hold two doctorates (hence the double Dr.), is a former German federal judge and confidant of former German chancellor Helmut Kohl. He has been the subject of investigations by German intelligence, reports of which were leaked to Der Spiegel, linking the doctor-doctor to money laundering operations with the Russian mafia, the Medellin drug cartel, the Ferdinand Marcos family, and Kohls Christian Democratic Union party.

Batliner has denied all wrongdoing. Nonetheless, Badian told The Daily Deal in October 2001 that Rhino had ceased doing business with Batliner after the allegations came to light. Christian said that Batliner and his firm would be added to an amended complaint in the Sedona case, expected to be filed soon.

With the $3 million of financing from the Ladenburg PIPE in hand, and a commitment letter from Ladenburgs Boris to place up to $50 million in financing for the company over coming months, Sedona issued a press release in May 2000 announcing that it would increase its shelf registration to $50 million in anticipation of additional Ladenburg led placements. Ladenburg, however, would never fund even the original $17.5 million commitment announced in January 2000, despite alleged assurances from Ladenburg and Rhino that they could provide all the financing the company would ever need.

Within 90 days of closing the convertible preferred offering with Rhino, Sedonas stock price would plummet from over $10.25 per share to less than $3, wiping away $195 million in value. By the end of 2000, Sedonas stock hovered near $1 a share. Sedona executives, suspicious of trading patterns in its stock but still desperate for capital, would soon find themselves working on a second PIPE with Ladenburg and Rhino to retire the previously issued convertible preferred shares. It would be Sedonas last offering as a Nasdaq-listed company.
 
Posted by legaleagle on :
 
noahltl

Super Administrator


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




Posts: 1217
Registered: 22-10-2004
Member Is Online


posted on 4-7-2005 at 12:18 PM

EVERY ONCE IN AWHILE


YOU JUST HAVE TO LOOK AT WHAT AND WHO WE ARE CONNECTED TO:


http://subpennyman.nventure.com/CMKX%20Interlocking904.gif


"There is an appointed time for everything, and a time for every affair under the heavens" Ecc 3,1
 
Posted by dwman on :
 
quote:
Originally posted by Wallace#1:
quote:
Originally posted by Upside:
I forgot about Wallace. He'll never abandon us. Upside, Wallace & Will, what company I keep!

Hey, fartface, what's that supposed to mean? LOL
My how soon we forget..... lol
What about dustoff, doc, dwman, legal, etc... Hello my friend. I hope you are doing well. Happy 4th of July!!! Hello to all the rest.
 
Posted by dwman on :
 
quote:
Originally posted by bill1352:
its called money laundering legal. you put cash in for something you then sell to make the cash back. only the loan is not paid off. the money is then clean...i'm not saying that is what was done but it has been rumored the sggm cash came from UC. thus the chance this is what happened is possible. since neither are reporting & no idea who owns what in either it could easily be hidden from investors in both companies. also possibly why the SEC is going after both companies. something they found in the investigation of either USCA or CMKX may have lead them in that direction.

Hey bill, I see you made headlines on ********32. I hate to correct you bill but money laundering is when you leave change in your jean pockets and wash them. Hope you are doing great.
 
Posted by legaleagle on :
 
Sarge
Diamondologist

member is offline




Joined: Nov 2004
Gender: Male
Posts: 498
Location: Alberta, Canada
Re: Will UC be canonized?
Reply #10 on Today at 12:54pm

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

Yesterday at 3:48pm, CaliforniaLouis wrote:If we become wealthier?



Classic from Father Guido Sarducci:

To be made a saint in-a the catholic church, you have to have-a four miracles. That's-a the rules, you know. It's-a always been that-a. Four miracles, and-a to prove it. Well, this-a Urban Casavant-now they could only prove-a three miracles. But the Pope-he just waved the fourth one. He just waved it! And do you know why? It's-a because He was Canadian. It's all-a politics. We got-a some Italian-a people, they got-a forty, fifty, sixty miracles to their name. They can't-a get in just cause they say there's already too many Italian saints, and this Canuck comes along with-a three lousy miracles. I understand that-a two of them was-a card tricks.
 
Posted by legaleagle on :
 
By: Daulphin
20 Jun 2005, 12:41 PM EDT
Msg. 228257 of 233849
Jump to msg. #
Here is the PDF file for

Saskatchewan Exploration and
Development Highlights 2004
Our companies mentioned in this report

CMKM Diamonds Inc. Page 23
As well as
United Carina Resources Corp and
Consolidated Pine Channel Gold Corp


10.6 Smeaton Property
CMKM Diamonds Inc., 25%, operator; United
Carina Resources Corp., 25%; Consolidated Pine
Channel Gold Corp, 25%; US Canadian Minerals
Inc, 25%

United Carina Resources Corp also mentioned on Page 29
Notice where it states DIAMOND PROPERTIES above the listings


UCA-KPC Approximately 72 claims
Commodity: Diamond
Assays: Pending
Mineralization Type: Magmatic(kimberlite)
United Carina Res. Corp.
Rick Walker
(306)664-3828

Consolidated Pine Channel Gold also mentioned on Page 25

12.0 ACKNOWLEDGEMENTS
Personnel at Cameco Corporation, Claude Resources
Inc., COGEMA Resources Inc., Consolidated Pine
Channel Gold Corp., De Beers Canada Exploration
Inc., Erana Mines, GLR Resources Inc., Golden Band
Resources Inc., Golconda Resources, Great Western
Minerals Group Ltd., Hudson Bay Mining and
Smelting Co. Ltd., JNR Resources Inc., Kensingston
Resources Ltd., Shore Gold Inc., and UEX
Corporation, are thanked for contributions and/or
reviews.

Petro Plus mentioned on Page 17

Petro Plus Inc. George Lake, Reserves and Resources, (Metric Tonnes)2 630 880 ZN (zinc) 3.67

MY THOUGHTS now. CIM had zinc supposedly at George Lake(aka Brakewell). Petro Plus Inc has zinc at George Lake. Urban had connections with Petro in the past. Could it be?

Page 17 shows this chart
Table 3: Published reserves for select Base Metal deposits in Saskatchewan.
Owner (s) * Reserves and Resources % g/t
Property (Metric Tonnes) Cu Zn Pb Ni Co Au Ag
MINEABLE RESERVES
Foran Mining McIlvenna Bay 14 500 000 0.91 6.08 0.40 - - 0.45 23.70
Hudson Bay Mining Callinan
Sask Portion 364 160 1.21 3.15 - - - 1.55 19.06
Hudson Bay Mining Konuto Lake 500 000 3.90 1.40 - - - 2.10 8.60
GEOLOGICAL RESOURCES
Leader Mining Knife (Mokoman)
International Inc. Lake 20 000 000 0.74 - - - - - -
Claude Resources Elizabeth Lake 4 985 938 0.73 - - - - - -
BoartLongyear Brabant/PEG 4 857 851 0.57 5.19 0.28 - - 0.22 22.59
Hudson Bay Expl. FON Zone 4 650 307 - 4.60 - - - - -
Con. Pine Channel Axis Lake 3 402 000 0.60 - - 0.60 0.15 - -
Petro Plus Inc. George Lake 2 630 880 - 3.67 0.53 - - - -
Aur Resources Schotts Lake 1 983 850 0.61 1.35 - - - - -
AurCameco Corp. Bigstone Lake 1 451 000 2.90 - - - - - -
308 000 - 11.20 - - - - -
Shane Resources Brownell Lake 1 251 900 0.56 1.75 - - - - -
Cons. Pine Channel Currie Lake 47 536 - - - 0.79 - - -
------------------------------------------------------------------------------------------------
So sorry I do not know how to do this better with the columns.

Make sure that you look at this excellent map that is on Page 30 of this PDF. It has coloring with numbers that show where diamond, uranium, gold etc is and where the roads, cities etc are. Awesome map imo.

http://www.ir.gov.sk.ca/adx/asp/adxGetMedia.asp?DocID=3445,3440,3385,2936,Documents&MediaID=8442&Filename=SEDH-04-Production.pdf

Here is the tiny url for this also http://tinyurl.com/5bn8f


Have a wonderful day everyone.
 
Posted by Ric on :
 
dwman, you still haven't seen the light yet? Turn from the darkside. Doc is starting a support group for ex koolaid drinker, KAA. He said he's charging $25.00, lol.

Smile its the 4th, Hope you and everyone has a great 4th. I know that I will because I am spending it with my wonderful family.
 
Posted by Highwaychild on :
 
Bill, nice July 04, 2005 10:40 AM post at the bottom of the last page by Brett Goetschius.Interesting... I see it's a part one of a three-part series,can't wait to see how it ends,LOL.The SEC and the the DTC's loopholes... sounds like a clash of the titans.
 
Posted by Highwaychild on :
 
Happy birthday U.S.A.! And a great day to you all!
 
Posted by Upside on :
 
Sure, happy 4th, not a chance of that happening here. You see, Upside got arrested last night. Every 4th my neighbor and I buy a ton of fireworks from a wholeseller that we know and light them off for our whole neighborhood. Last night was the night to light them. We had everything set up and had just started when after about 15 minutes, there's a cop standing right next to me. No idea how he got there as we were down in a secluded valley where we could see anyone coming from any direction but somehow he snuck up on us. Damn cop took a look at our set up and just started laughing. He was impressed that we had taken precautions, we had two fire extinguishers and a hose run from the neighbors house, but it didn't save us each a 350 dollar fine and all our stuff confiscated. So, after blowing about a grand on a boatload of fireworks, then getting a 350 dollar fine, here it is the 4th of July and all I've got left is a box of sparklers. Yipee!!
 
Posted by dwman on :
 
LOL..... way to go up.
 
Posted by dwman on :
 
OH WOW!!! CMKX koolaid is fantastic. It is especially good when mixed with usca, sggm, gemm, and cim koolaid.
 
Posted by Highwaychild on :
 
Man, that schit's too bad Up.

I set some off last night with a bro-in-law and company.Some big mamer jammers too.One misfired and it was commin' out the side, and I took one on the leg.No hair left on the point of contact.LOL!I was like walking along a lake of fire,what a rush.Damn, that was fun.Round two tonight!
 
Posted by dwman on :
 
when i was a kid, i had some leftover cherry bombs. i had some in my pocket while squirrel hunting. my dog treed a squirrel in a hollow tree and i could not scare him out so i climbed the tree, lit a cherry bomb and dropped it into the hole he went in. the bomb went off and the squirrel came flying out of that ole hollow tree with a big patch of fur missing. they pack a punch.
 
Posted by Highwaychild on :
 
LOL! I know how that squirrel felt DW!
 
Posted by Upside on :
 
Posted by dwman
quote:
LOL..... way to go up.
And now I've got a criminal record. So much for public office. I am the unluckiest sap to ever walk the face of the earth.
 
Posted by Wallace#1 on :
 
Hey Up,

Always knew you had criminal tendencies. LOL Sorry for your loss.

Man, that cop sure got his quota filled with you, huh? Bast-rd wouldn't look the other way? Bet that SOB speeds on highways all the time when in his personal vehicle too.
 
Posted by bill1352 on :
 
upside you have criminal intent written all over ya anyway...lol i live right off a main river, connects 2 great lakes. every yr the little town has a huge fireworks display on the river...town of 2000 gets 150K ppl in it for that night. they did very well this yr, great show.


happy 4th everyone
 
Posted by dwman on :
 
quote:
Originally posted by Upside:
Posted by dwman
quote:
LOL..... way to go up.
And now I've got a criminal record. So much for public office. I am the unluckiest sap to ever walk the face of the earth.
No you are not! I am. When I was a little boy, all the big girls kissed me. Now that I am grown up, all the little ones kiss me.
 
Posted by ed19363 on :
 
11 days to go
 
Posted by Upside on :
 
Posted by dwman:
quote:
No you are not! I am.
Yeah, well, I bought CMKX and.....oh, wait a minute, so did you. I guess we're even. But, in addition to getting arrested, my dog blew out one of his front wheels last night. Don't know how it happened but we got out of bed this morning and the dog comes hobbling up to us, walking like he's crippled. I tell ya, there are days when I wake up and there's only one thought that keeps me going, when I'm down in the dumps I just tell myself, "It could be worse Upside, you could be Will". That always puts a smile on my face.
 
Posted by Ric on :
 
And people ask why this thread is still going. LOL
 
Posted by dwman on :
 
quote:
Originally posted by Upside:
Posted by dwman:
quote:
No you are not! I am.
Yeah, well, I bought CMKX and.....oh, wait a minute, so did you. I guess we're even. But, in addition to getting arrested, my dog blew out one of his front wheels last night. Don't know how it happened but we got out of bed this morning and the dog comes hobbling up to us, walking like he's crippled. I tell ya, there are days when I wake up and there's only one thought that keeps me going, when I'm down in the dumps I just tell myself, "It could be worse Upside, you could be Will". That always puts a smile on my face.
Darn you Upside... I hate being your straight man. Wait!!! I am straight. You are the one with the pink skirt.
 
Posted by dwman on :
 
Upside, of all the people on the board... and I love all you guys... I probably have missed your humor most. Hope all is well with you. It must be the pink dress. But come to think of it, wallace and will come up with some pretty good stuff. Some times my sides hurt from laughing after reading this board. [Smile] Goodnight to all.
 
Posted by finky on :
 
quote:
Originally posted by Upside:
Sure, happy 4th, not a chance of that happening here. You see, Upside got arrested last night. Every 4th my neighbor and I buy a ton of fireworks from a wholeseller that we know and light them off for our whole neighborhood. Last night was the night to light them. We had everything set up and had just started when after about 15 minutes, there's a cop standing right next to me. No idea how he got there as we were down in a secluded valley where we could see anyone coming from any direction but somehow he snuck up on us. Damn cop took a look at our set up and just started laughing. He was impressed that we had taken precautions, we had two fire extinguishers and a hose run from the neighbors house, but it didn't save us each a 350 dollar fine and all our stuff confiscated. So, after blowing about a grand on a boatload of fireworks, then getting a 350 dollar fine, here it is the 4th of July and all I've got left is a box of sparklers. Yipee!!

You should have plead the 5th
 
Posted by Ric on :
 
CMKM shareholders' big short motion draws SEC objection


2005-07-04 19:42 ET - Street Wire

Also Street Wire (U-*SEC) U.S. Securities and Exchange Commission


by Lee M. Webb

CMKM Diamonds Inc. shareholders represented by Texas lawyer Bill Frizzell have drawn a rather terse objection from the U.S. Securities and Exchange Commission (SEC) to a motion to introduce evidence of naked short selling into an administrative proceeding against the company. The U.S. regulator claims that alleged naked shorting is irrelevant to the proceeding.

The SEC enforcement division is asking Chief Administrative Law Judge Brenda P. Murray to revoke CMKM's stock registration for failing to file periodic reports as required by U.S. securities laws.

While CMKM is represented by Donald Stoecklein, Mr. Frizzell has been allowed limited participation in the proceeding as counsel for several thousand shareholders known as the Owners Group.

Many of the members of the Owners Group believe that the massively diluted pink sheet company headed by Saskatchewan native Urban Casavant has been the target of an enormous naked short selling campaign. Mr. Frizzell, who is also a CMKM shareholder, evidently shares that belief.

In a prehearing order, Judge Murray ruled that evidence of alleged naked shorting was irrelevant and was excluded from the proceeding.

Notwithstanding that order or an explicit ruling that Mr. Frizzell could not present evidence in the proceeding, the Texas lawyer filed a June 28 motion asking for permission to file an exhibit that he claims provides "evidence of enormous amounts of naked short selling."

By Mr. Frizzell's tally, based in part upon brokerage statements for approximately 10,500 accounts of CMKM shareholders, there are hundreds of billions more shares in circulation than the 703.5 billion issued and outstanding according to the company's records.

"The evidence confirms that over one trillion shares (some estimates go as high as two or three trillion shares) have been sold through various brokerage houses to investors that were unaware of the illegal manipulative selling of this stock," Mr. Frizzell claims.

According to the SEC, however, Mr. Frizzell's proposed evidence is questionable and, moreover, has no bearing on the matter at hand.

Frivolous

"The Owners Group's eleventh hour motion directly contravenes two of this court's prior orders," SEC lawyer Leslie Hakala claims in her June 30 opposition to Mr. Frizzell's motion.

Ms. Hakala goes on to cite an April 12 ruling granting Mr. Frizzell only limited participation in the proceeding and a May 5 order excluding evidence of alleged naked short selling.

"The Owners Group acknowledges these orders, yet provides no meaningful reason why each does not separately preclude its motion," Ms. Hakala says.

In a footnote, the SEC lawyer remarks that if the Federal Rules of Civil Procedure applied to the administrative hearing, the Owners Group motion would likely meet the standard for sanctions for legally frivolous arguments based on its flagrant disregard for Judge Murray's previous orders.

Narrow questions

"As this court has stated on numerous occasions, the only questions at issue in this limited proceeding are whether CMKM Diamonds Inc. violated federal securities laws by failing to file required periodic reports and, if so, what action is necessary and appropriate for the protection of investors," Ms. Hakala states.

"As this court already held, market activity in CMKM Diamonds' stock -- including alleged naked short selling -- is simply irrelevant to these narrow questions," the lawyer continues. "The Owners Group offers no basis for revisiting this determination, and thus its materials should not be admitted as evidence."

Bad to the core

Ms. Hakala does not mince words in offering her characterization of what lies at the core of the pleadings advanced by CMKM shareholders.

"The Owners Group's core argument (both in this motion and its other pleadings) seems to be that this court should maintain the liquidity of CMKM Diamonds' stock (by refusing the Division's revocation request) so that current shareholders may retain the option of selling their holdings to unsuspecting members of the investing public," Ms. Hakala says.

According to the SEC lawyer, the enforcement division "recognizes the negative impact that revocation may have on CMKM Diamonds' current shareholders," but any shareholders who purchased the stock have already been harmed. In order to recoup their losses, they would have to dump their worthless shares on other investors, resulting in further harm.

In a footnote, Ms. Hakala suggests that Mr. Frizzell's claim that the SEC "must bear some responsibility" for "the illegal manipulative selling of stock" because it did not bring an enforcement action sooner is hard to square with the Owners Group urging the court to deny the revocation request.

"This argument makes little sense, and misses the point of the proceeding -- to protect the investing public from making uninformed decisions," Ms. Hakala states.

In a further footnote, Ms. Hakala says that the Owners Group motion arguing the plight of shareholders who purchased CMKM shares while ignorant of the true state of affairs "itself highlights the problems caused by CMKM Diamonds' chronic and ongoing failure to file periodic reports."

Dubious documentation

"Finally, the Division opposes the motion because there is no way to verify the authenticity or reliability of the Owners Group's proposed exhibit," Ms. Hakala argues.

According to the SEC lawyer, Mr. Frizzell makes "some effort to authenticate the 'written summary of the voluminous documents'" by means of an affidavit sworn by Owners Group member John Martin, "but does not even attempt to authenticate the underlying documents that it wishes to introduce."

"Unless those underlying documents can be authenticated, neither can the summary," says Ms. Hakala.

"For the foregoing reasons, the Division asks this court to deny the motion," Ms. Hakala says.

Spotlight

In a final footnote, the SEC lawyer also opposes Mr. Frizzell's request that the entire proposed exhibit be filed under seal in order to shield the personal information of the CMKM shareholders who submitted brokerage statements and other documentation from public scrutiny.

"The Commission properly instituted this matter as a public administrative proceeding and, particularly in light of the unusual level of public interest in this proceeding, it is important that the public have access to the entire record," Ms. Hakala argues.

"Indeed, the Division believes that in the past two years altogether too much information has been withheld from CMKM Diamonds' shareholders and potential investors," Ms. Hakala remarks, rounding out her final footnote.

It remains to be seen whether any of Mr. Frizzell's claimed evidence of naked shorting will be brought under the public spotlight.

The saga continues.
 
Posted by legaleagle on :
 
And I am sure Frizzell is shaking in his Texas Cowboy Boots. LOL As we all are.
 
Posted by Ric on :
 
I don't figure he is. He did his job. Just as the SEC attorney is doing hers. Frizzel made some off remarks in his motion and the SEC lawyer did in her reply. Lawyers do this all the time. Tit for tat. As Frizzel stated in his Paltalk, the SEC attorney is representing her client to her best ability like Frizzel is representing his. Now its up to the Judge. And it is pretty clear from her past judgements, if CMKX doesn't file something before her decision then it will be revoked.
 
Posted by Dustoff101 on :
 
dwman, goodnight new friend....When are ya gonna stop blowing holes in that Texas ground!

Don't ya know your a floating on oil!

Somebody shot a 16 ton black Bear the other day..

That dern Bear fell outa a 600 ft Douglas Fir tree....

Caused a 5 on the rickter scale..

The Bear started a rolling down the mountain
and created a huge clear cut...

The judge gave the hunter a ticket for illegal clear cut logging....

Last I heard, the Bear was bein turned into sun dried jerky.

They used the clear cut to finish the deed, damn near filled up all 720 acres of that clear cut with drying meat!

The Tuna are running, standby for report...

Did get high centered on a Gold nugget while driving on the beach at Gold Beach OR........Guess I'll have to raise the old truck up another 12ft....

Those damn nuggets block the beach and make it difficult to get where I dig clams!!

Want to hear about the clams?
 
Posted by bill1352 on :
 
ok...i think i need a brake from pb32...my head hurts. this thread there on multiple streams of income from CIM...my brain can't function in that contorted fashion. citigroup is back in, 10% royalites from CIM, payoff on the naked short. CIM is ready to IPO. i made a comment on just what a mine bringing in $100 million a yr would give out for a 10% royalty with at least a 20 billion o/s...$500 per million shares of CIM.... it was pointed out that i was short changing that royality as in it would be much higher because of the jv companies.......how can a functioning human even think the shareholders of another company would donate their profit to CIM...in fact i forgot that on most of the claims cmkx holds less then 25% because of the USCA & SGGM deals.
 
Posted by Ric on :
 
Thats why I stopped going there. I would rather eat icecream real fast and get brain freeze then read more then one post over there, lol.
 
Posted by ed19363 on :
 
10 to go....
 
Posted by Wallace#1 on :
 
"The Owners Group's core argument (both in this motion and its other pleadings) seems to be that this court should maintain the liquidity of CMKM Diamonds' stock (by refusing the Division's revocation request) so that current shareholders may retain the option of selling their holdings to unsuspecting members of the investing public," Ms. Hakala says."
---------------

Exactly what I have been saying in more ways than one for over a year....not about revocation but about the aims of the cult members in general.
 
Posted by bill1352 on :
 
truth is wallace the OG should have been sitting next to hakala in court. they should have been demanding the same stuff the sec is a yr ago at least, not saying "UC loves us & would never do us wrong". i have an idea criminal charges are not to far off & UC is hoping to avoid them by not filing anything. taking the 5th would tend to lend credence to that idea
 
Posted by Upside on :
 
I have a very simple question that is probably going to get a very complicated answer but here goes:

It seems to be the sentiment nowadays that it was UC's plan all along to get revoked so he can roll all of the assets into CIM. If that is the case, why go through all of this hoopla to accomplish it? Why not effect the transfer of assets while CMKX is still operating then shut it down once done? Same end result and a much cleaner way of achieving the same goal.
 
Posted by ed19363 on :
 
Bill, if that is true, I hope they nail him.
Pretty shabby way to treat shareholders.
 
Posted by ed19363 on :
 
Upside, we will probably never know what machinations and subterfuges were used in this stock. There are so many things that dont make sense.
One thing I am sure of....we were lied to by UC. The whole "soon" "close" fiasco over the period of a year, and still no filing. I count that as a bald-faced lie, and if they ever get him on a stand he will probably use the fifth again.
 
Posted by ed19363 on :
 
Upside, we will probably never know what machinations and subterfuges were used in this stock. There are so many things that dont make sense.
One thing I am sure of....we were lied to by UC. The whole "soon" "close" fiasco over the period of a year, and still no filing. I count that as a bald-faced lie, and if they ever get him on a stand he will probably use the fifth again.
 
Posted by Thorn on :
 
Yeah, that one was worth repeating.
 
Posted by Thorn on :
 
quote:
Originally posted by Upside:
I have a very simple question that is probably going to get a very complicated answer but here goes:

It seems to be the sentiment nowadays that it was UC's plan all along to get revoked so he can roll all of the assets into CIM. If that is the case, why go through all of this hoopla to accomplish it? Why not effect the transfer of assets while CMKX is still operating then shut it down once done? Same end result and a much cleaner way of achieving the same goal.

Naaa. Most criminals don't think much beyond the money. If UC is a criminal type, then he probably figured he'd be better than the others and be able to get away with it. Money does things to the mind, and lots of money eliminates all trace of intelligence if there ever was any to start with.
 
Posted by Upside on :
 
Agreed Thorn, but I'm basing my question on an assumption that he is not a criminal and actually is looking out for the shareholders. If that's the case, as many believe, why not transfer everything in a clean and simple, not to mention much less costly manner?
 
Posted by legaleagle on :
 
quote:
Originally posted by Upside:
I have a very simple question that is probably going to get a very complicated answer but here goes:

It seems to be the sentiment nowadays that it was UC's plan all along to get revoked so he can roll all of the assets into CIM. If that is the case, why go through all of this hoopla to accomplish it? Why not effect the transfer of assets while CMKX is still operating then shut it down once done? Same end result and a much cleaner way of achieving the same goal.

That would allow the NS to get off the hook.
 
Posted by will on :
 
Well, I think basing your question on an assumption that he is actually looking out for the shareholders might be your problem. LOL

That's were the faithful's problem all began, with the premise that UC had their interest at heart.

Like noah said, he started with the premise that UC was a good decent person and works from there. He is blinded by that assumption, and refuses to see any negatives.

So, to answer your question, neat and clean would have been the way to go to achieve the transfer into CIM, but the cult refuses to see the negatives, and imagines that this was engineered to be this way and is Urban's "Master Plan". NONSENSE !!!
 
Posted by legaleagle on :
 
quote:
Originally posted by Wallace#1:
"The Owners Group's core argument (both in this motion and its other pleadings) seems to be that this court should maintain the liquidity of CMKM Diamonds' stock (by refusing the Division's revocation request) so that current shareholders may retain the option of selling their holdings to unsuspecting members of the investing public," Ms. Hakala says."
---------------

Exactly what I have been saying in more ways than one for over a year....not about revocation but about the aims of the cult members in general.

Evil cult members, lurking about, waiting for some unsuspecting single mom to bring her milk money to the exchange, or a poverty sticken widow to put her last $100 in the market. Yep, ya got us all figured out Wallace. But the market is, and has been, open on CMKX, yet very few sales. Doesn't seem to be any rush to unload.
 
Posted by ed19363 on :
 
Who wants to sell at .00004 what you bought for .0001 or more?
Gotta be even dumber than Koolaid drinkers to do that.
Somebody puts the buy price at .0002 and watch a bunch of people bail out....LOL
 
Posted by Upside on :
 
Posted by Legaleagle:
quote:
That would allow the NS to get off the hook.
How so?
 
Posted by bill1352 on :
 
Thorn
Member


Member Rated:
posted July 05, 2005 16:09
--------------------------------------------------------------------------------

quote:
--------------------------------------------------------------------------------
Money does things to the mind, and lots of money eliminates all trace of intelligence if there ever was any to start with.

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


i think this applys to those that hope for big money too...as in the cult
 
Posted by bill1352 on :
 
Evil cult members, lurking about, waiting for some unsuspecting single mom to bring her milk money to the exchange, or a poverty sticken widow to put her last $100 in the market. Yep, ya got us all figured out Wallace. But the market is, and has been, open on CMKX, yet very few sales. Doesn't seem to be any rush to unload.


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


who do you think UC & the main pumpers sucked in from the start? this is why us so called bashers are still here legal?
 
Posted by bill1352 on :
 
talk about grasping for straws.......


Today at 4:08pm, whetstone wrote:
Actually,this means that the SEC admits that CMKX is worth at least 200 million dollars. SGGM bought 5% and the SEC says that the 5% is worth at least $10 million so that makes CMKX worth a minimum of $200 million. Cool.


i'm sure the SEC investigated the deal & found it well worth the money. why i'm suprised they didn't write a glowing letter to sggm shareholders congadulating them on the great CEO & his shrewd purchase
 
Posted by bill1352 on :
 
i know i said i was done with pb32 but i was bored out of my mind. the company i ran for 7 yrs closed the doors without warning friday. spent all day waiting on a phone call about a new job doing the same thing for another company only he is still at his cottage up north. tho i'm not sure which is worse for the mind, concern over my next pay check or reading the drivel at pb32...lol
 
Posted by ed19363 on :
 
Bill, Bill, Bill.....sheesh, all ya hadda do was hang onto a million shares for 10 more days, and you'd never have to work again.....

Whoa....somebody smell Koolaid in here?

Can you hear it?
 
Posted by legaleagle on :
 
--------------------------------------------------------------------------------
Silverbulletny1
05 Jul 2005, 04:18 PM EDT
Msg. 234096 of 234097
Jump to msg. #
Why Shorty is NOT covering,

1) They BET we dont have "The Goods"

2) They halted USCA hoping they would find "The Goods"

3) They halted CMKX hoping they would find "The Goods"

3) They halted SGGM hoping they would find "The Goods"

FUNNY THEY CANNOT HALT CIM = "The Goods"


Tick tock shorty!!!
 
Posted by ed19363 on :
 
Another candidate for the Darwin Award....
 
Posted by bill1352 on :
 
1 question legal...how does this brainchild think holders of CIM will reap great profit?
 
Posted by legaleagle on :
 
"sloop" a poster at Sterling's PalTalk brought the following information to the board today:

wav file of sloops info: http://us.f2.yahoofs.com/bc/41865787_426b/bc/sloop.wav?BCa3yyCBsrSDDA59
 
Posted by legaleagle on :
 
Recap on Sloops information: CMKX Valuation of 1-2 Billion $, valuation of JV's about 1 TRILLION, 20th of July is for filing, restriction lift on UCAD and GEMM coming,CMKX PPS will start climbing gradually very soon. CIM is IPO'ing between Sept and Nov. 05. Remember the 3.5 number, for every 3.5 shares of CMKX you get 1 SGGM share
 
Posted by Upside on :
 
quote:
CMKX Valuation of 1-2 Billion $, valuation of JV's about 1 TRILLION
How did he arrive at these numbers?
 
Posted by Ric on :
 
CIM can only IPO through the SEC. I love how they feel the SEC will approve that, lol.
 
Posted by Ric on :
 
They think SGGM will be worth something. But they seem to keep forgetting that by giving them 200 billion shares SGGM all the sudden goes from 17 million o/s to 201 billion o/s. PPS goes from .0098 to .0001. Thats in a perfect world. In the scam world, SGGM is having a hearing to have its registration revoked. The pps is going to drop like a rock after the halt. And they don't even have the excuse of filing a false form 15. This is getting so funny, sad but funny. I hate saying that, but were else can people be proud to own two companies that have charges against them for breaking the rules.
 
Posted by Ric on :
 
I was bored too so I stopped by. I found a new joke now. How many morons does it takes to form a PB32 thread?

You posted on it so I know you seen it. But this about SGGM being a pinksheet so they don't have to file. This is so stupid. I really just can't understand how they breath on there own. I mean they were a OTCBB and refused to file so the OTC dropped them to pinks. That has nothing to do with the SEC and SGGM's requirement to file. Once you register your company as a reporting company with the SEC the SEC could care less what exchange your on. Each exchange has there own obligations to be on that exchange but that has nothing to do with the SEC that is the exchanges requirements. The pinksheets don't require filing but just because your on the pinks doesn't mean you may or may not be a reporting company with the SEC.


quote:
Originally posted by bill1352:
i know i said i was done with pb32 but i was bored out of my mind. the company i ran for 7 yrs closed the doors without warning friday. spent all day waiting on a phone call about a new job doing the same thing for another company only he is still at his cottage up north. tho i'm not sure which is worse for the mind, concern over my next pay check or reading the drivel at pb32...lol


 
Posted by bill1352 on :
 
Recap on Sloops information: CMKX Valuation of 1-2 Billion $, valuation of JV's about 1 TRILLION, 20th of July is for filing, restriction lift on UCAD and GEMM coming,CMKX PPS will start climbing gradually very soon. CIM is IPO'ing between Sept and Nov. 05. Remember the 3.5 number, for every 3.5 shares of CMKX you get 1 SGGM share


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


lets get this straight cmkx & jv's together worth over $1 trillion. cmkx is going to file 5 days after its revoked & SGGM finally gets handed out. great....i'm happy for ya...1 problem...i'm not going to bother adding them all up but using debeers value as a starting point i'd say $1 trillion would make this little group of under .50 pps companies more valuable then 50% of the gold & gem companies in the world added together. whats even more amazing is the the canadian companies have not reported anything that would trigger a buying spree of their stock. the companies that were halted because they used diamondferious instead of the facts. if such was true the smart thing would be to open accounts that traded the canadian exchanges & buy them since they have o/s's under 20 million. why a 1 trillion value would run them from .30 to $500 in a few days. why mess around with stocks that have 100's of billions of shares. thanks to UC us lucky shareholders that have USCA stock will get at least $100 per share.
 
Posted by Wallace#1 on :
 
bill,

Saw your post about the closing on Fri. Hope all works out well for you. And Upside thought he had a bad 4th, huh?
 
Posted by Ric on :
 
Hey bill, I see your a Dr. now. Man that should be a huge pay raise. Dr. of Diamonds, wow. Don't you feel special.
 
Posted by bill1352 on :
 
by the way ric...i got $5 says SGGM is well over 17 million now. also pb32 was using the pink thus no filing arguement for cmkx, bnot so much sggm. the fact that the lawyers never said that or the fact that cmkx retracted the form 15 stating they should have been filing went right over their heads
 
Posted by bill1352 on :
 
thanks wallace...sure changed my weekend plans...lol was chatting with will in IM when it happened. the company i'm going to talk to tried to hire me away from this company 3 yrs ago. they have been using me & my crew on important jobs ever since, i also quote jobs for them when the owner can't get there so i'm sure i'll at least get a job. my only question is will it be enough to cover my bills as they stand today.
 
Posted by bill1352 on :
 
Ric
Member


Member Rated:
posted July 05, 2005 23:41
--------------------------------------------------------------------------------
Hey bill, I see your a Dr. now. Man that should be a huge pay raise. Dr. of Diamonds, wow. Don't you feel special.
============================


just think i had a whole thread directed at me & now i'm a Dr. of diamonds & all in the same week...i am honored...lol
 
Posted by Upside on :
 
Our own Dr.D. Maybe we should call him Dr.B. though.
 
Posted by mydogsky on :
 
quote:
Originally posted by legaleagle:
Recap on Sloops information: CMKX Valuation of 1-2 Billion $, valuation of JV's about 1 TRILLION, 20th of July is for filing, restriction lift on UCAD and GEMM coming,CMKX PPS will start climbing gradually very soon. CIM is IPO'ing between Sept and Nov. 05. Remember the 3.5 number, for every 3.5 shares of CMKX you get 1 SGGM share

1 Trillion eh?

To put that in perspective for everyone, 1 Trillion is pretty much the sum of the following 3 companies market capitalization COMBINED:

Exxon Mobil Corp = 371 Billion
General Electric Company = 368 Billion
Microsoft Corp = 266 Billion

How crazy are these people gonna get?
 
Posted by Ric on :
 
bill, I would bet a lot more then that if anyone is stupid enough to take it, lol. That number is from September. I say they have diluted like wildfire since then.

quote:
Originally posted by bill1352:
by the way ric...i got $5 says SGGM is well over 17 million now. also pb32 was using the pink thus no filing arguement for cmkx, bnot so much sggm. the fact that the lawyers never said that or the fact that cmkx retracted the form 15 stating they should have been filing went right over their heads


 
Posted by Ric on :
 
I like Dr. B too, lol

It works on many levels

Dr. Bill
Dr. of Bashers
Dr. of Bullchit

And I am sure there are more, lol.
 
Posted by bill1352 on :
 
i'm thinking pb32 would vote for dr. of bullchit...lol
 
Posted by bill1352 on :
 
mydogsky...these ppl think $1 trillion is undervalued. there is 1 moron that thinks the pps of cmkx will be .34 by next week. just about everyone at pb32 thinks the guy is a nut case tho even the ones that think CIM will IPO at $20.
 
Posted by stockster5 on :
 
Here's alittle something for the koolaid crowd who thinks these company officers actually
care about little piddling shareholders... Correct me if I'm wrong, but no certs no voting power???
But these links shows what a huge amount of "officers" are doing with the penny and sub-penny
players ...(us, me and you) An ungodly amount of companies follow these examples, which I think proves that penny/micro penny stocks are really just day trader vehicles and you shouldn't spend more than you can afford to lose. These 'owners' exp: UC, know what 90% of the traders know...90% don't expect their investment back...that's right, something like 90% penny traders lose...but traders look for that 10% to make some cash. I think it's all in the leverage, 500 bucks at .0001 gets you 5 million shares so all you need is a .0001 move to make cash. It's out there, it works, otherwise this market wouldn't exist. But to hold a micro penny stock for months, years...
Expecially when the company is in front of the sec courts, repeatialy, is just plain foolish. Take some time and look at these links, then read the sec letter below. Then tell me ... koolaider's ... that you don't see the pattern here.... jeeze.
Here's another tip... If a company relocates it's incorporation to Nevada AND changes it's name, run away, run very far away from that urge to invest in that horsechit........................unless
of course you just invest a couple hundred to get out next week after the next false sec report comes out to pop the pps artifically to draw in the new uninformed traders.......!!
And oh yea... this company below hasn't been heard from since May 9th 2004, why in the world is
it still trading and with whom????
S5

http://www.sec.gov/litigation/complaints/comp17971.htm
http://www.biospace.com/b2/news_company.cfm?CompanyID=228604

U.S. 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): May 6, 2004
-----------
INTERNATIONAL BIOCHEMICAL INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
Georgia
(State or jurisdiction of incorporation
or organization)
0-24913
(Commission File Number
58-2181628
--------------------------------------
(I.R.S. Employer Identification Number
120 South Houghton Road, Suite #138-308, Tucson, Arizona 85748
--------------------------------------------------------------
(Address of principal executive offices)
Registrant's telephone number: (520) 844-1005
(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS. AND
ITEM 9. REGULATION FD DISCLOSURE.
(a) Immediately after the filing of this Form 8-K on this date, Milo
Bergeson will resign as President and Chief Executive Officer of the Registrant,
and Gary Wagnon will resign as Secretary/Treasurer of the Registrant. All
directors of the Registrant had previously resigned on January 17, 2004 (as
reported in a Form 8-K filed on January 28, 2004).
(b) It has come to the attention of the Registrant that that the United
States Attorney's Office is conducting a grand jury investigation. Theinvestigation relates
to a series of press releases issued by the registrant in
early 2003.
SIGNATURE
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
INTERNATIONAL BIOCHEMICAL INDUSTRIES, INC.
Dated: May 6, 2004 By: /s/ Milo Bergeson
Milo Bergeson, President/CEO
 
Posted by stockster5 on :
 
The above company was pulled at random from a random investment board, listed only in alphabetical order....think about those odds....
S5
 
Posted by bill1352 on :
 
ILLEGAL SHORT SELLING SPECIAL THIS SUNDAY
Thread Started on Yesterday at 9:06pm

--------------------------------------------------------------------------------
From Gemm Board
http://ragingbull.lycos.com/mboard/boards.cgi?board=GEMM&read=9188


TWO HOUR ILLEGAL SHORT SELLING SPECIAL THIS SUNDAY

JOHN OQUINNS LEAD LITIGATOR ON ILLEGAL SHORT SELLING, WES CHRISTIAN, WILL DISCLOSE THE LATEST WINNING DECISIONS IN COURT AND THE SEC AND WILL DISCUSS WHAT HE BELIEVES IS A TRILLION DOLLAR DAMAGE MODEL FOR COMMON SHAREHOLDERS!!! PLEASE HELP ME GET THE WORD OUT FOR INTERESTED SHAREHOLDERS TO CALL IN LIVE AND TOLL FREE AT 1 866 606 TALK ON SUNDAY NIGHT FROM 9-11 ET OR LISTEN IN AT WWW.BUSINESSTALKRADIO.NET OR ON THEIR LOCAL RADIO STATION---THIS WILL BE A BIG SHOW WITH LOTS OF NEW INFORMATION!
 
Posted by Ric on :
 
One thing I think is funny about the NSS issue a couple weeks ago when the German Chancellor talked about the problem in the US, is that the Berlin Exchange is one of the biggest problems. If the Germany is so worried about this problem then why don't they fix part of the problem from there own borders. Obviously the US government could care less. Yet we keep electing the same azzholes back into office each time. Our country is going to continue to go downhill and not lesson to the people as long as we keep hitting the same button everytime in the voting booth.
 
Posted by tic_toc on :
 
heres a cracking post from pb32 about the latest rumour ...

Is this the summer of 04 or 05. Last summer, I was reminded by my fiance that I sat and listened to sterling speculation on July 4th while my fiance was on the back porch watching fireworks. This year, I disconnected my telephone line at home (use only cell, to avoid going online at home), and now have forced my way into using mobile web with verizon wireless for $5 a month to keep up with my CMKX stories. I almost bought the palm at verizon so that I could here paltalk in the car.

On a sidebar, I hope these rumors come true. Give me one of them and I will be dancing at my local bank on the tellers station ledge. I like this kind of stuff to hear but this is what makes me stick to CMKX like glue. I feel I am on the titanic, waters filling up the boat at a feverish pace, and Capt Urban says on the loudspeaker, "dont bother getting a life raft, we will fix the gaping hole" and then a stewardess named andy is running around telling people "all is under control" and the boat will be floating and water removed shortly, just to be patient and trust. We will see folks. There is a big conspiracy, Im just not sure if its the law enforcement/money making bunch or if its within my own family.

Time will tell, stay the course, shortly, soon, Be patient, If your in you win, If you doubt get on out, Its specolation, Its the stock play of a lifetime, All is well, Success is at hand, so far I have lost over 100K and so all this stuff is well and good but unless my slot machine chachings then its soundbytes and hot air. Oh, I forgot, you dont lose until you sell, Thats why I aint selling. Why sell when my 25k left in this stock, can afford me the same opportunity when it was worth 600k. So I am in it forever, I am married to this stock, gray hairs and sleepless nights, and finger biting and finger pointing, the saga continues, thats my andy rooney.
 
Posted by dwman on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by Wallace#1:
"The Owners Group's core argument (both in this motion and its other pleadings) seems to be that this court should maintain the liquidity of CMKM Diamonds' stock (by refusing the Division's revocation request) so that current shareholders may retain the option of selling their holdings to unsuspecting members of the investing public," Ms. Hakala says."
---------------

Exactly what I have been saying in more ways than one for over a year....not about revocation but about the aims of the cult members in general.

Evil cult members, lurking about, waiting for some unsuspecting single mom to bring her milk money to the exchange, or a poverty sticken widow to put her last $100 in the market. Yep, ya got us all figured out Wallace. But the market is, and has been, open on CMKX, yet very few sales. Doesn't seem to be any rush to unload.
legal, could it be that my friend wallace is losing his objectivity? I thought the core argument of the attorney for OG is "this stock is illegally shorted by thugs and needs to be dealt with".

wallace, I just got a truckload of sears catalogs and have a few extra corn cobs. I think you will soon need them. lol
 
Posted by legaleagle on :
 
DR D Report 007/06/05


Topic: Per my conversation with Lori Livingston etc... (Read 1,607 times)
DrDiamond
Global Moderator

member is offline


Dr.D and Ron Casavant


Joined: Aug 2004
Gender: Male
Posts: 1,055
Location: Kentucky
Per my conversation with Lori Livingston etc...
Thread Started on Today at 12:43am

--------------------------------------------------------------------------------
Per conversation with Lori Livingston, President and CEO of Transfer Online.com

I spoke with Mrs. Livingston for around 40 minutes. We discussed the letters she had sent to the SEC and the DTCC. We spoke extensively concerning the developing regulations limiting Transfer Agents participation in companies withdrawing from the DTC, dematerilaization, NSS/Counterfeiting, electronic shares vs certificates, STP (Straight through processing), and more.

Mrs. Livingston was very cooperative and assisted greatly in answering many of my questions. Too, she was a very nice, well spoken, independent and intelligent woman to communicate with. She knew her stuff, for sure!
She works with many overseas companies as well as U.S. companies. She granted permission to use her letters or any parts of them for whatever purpose I desired. She suggested when communicating with our legislators that I simply incorporate what she said into my letters or communications so those reading will regard the information more highly than a letter from someone outside the state or area of representation.

I will share some of her comments here regarding the state of the market system, in her opinion of course.

The market system has spent 20 years in trying to make the market operations a complete mystery and have been in a process of making shareholders ignorant of what is really going on in the marketing world. As a part of that broker/dealers have been misinforming their clients to keep them in the dark concerning their true options and rights as shareholders. Many brokers deny the existence of Direct Registration of your security; neglect to share with clients information about the availability to hold their position in paper certificates; they place exhorbitant fees on the obtaining of certificates and in turn blame the high cost and lengthy time delays on the Transfer Agent.

Concerning dematerialization (the removal of paper stock certificates) she informed that the States Laws in the UCC (May be the Uniform Commercial Code) regulates the issuing and use of securities by laws that address Paper certificates not electronic broker statements. She is not sure how dematerialization will ever be pulled off, unless the markets are going to be operating completely outside the parameters of the States Laws. There is no provision anywhere in the States UCC that gives any governance, guidance, preference, or even recognition to a broker statement upholding any legitimacy of lawful ownership of a security. Her summation of paper certificates vs electronic shares being that broker statements were not worth the paper they were written on when it comes to court cases and company recognition. She added that NO ONE presenting a "broker statement" for their position in a company's security to a transfer agent or company would be recognized as legal ownership. It is only recognized by the broker that issued it and his contacts.

Mrs. Lori Livingston has served as an expert witness at trials and court cases over the years. She said that the first thing you had to do in the courtroom is to educate/school the Judge presiding over the case exactly what takes place in the market system and how it all works. In her expertise she readily stated that 99% of the time Paper Certificate holders are in the drivers seat when it comes to trials and court cases. A broker statement means absolutely nothing to the Judge, a Transfer Agent, or the company the security is held on. There is no law anywhere that gives any value to a broker statement except the value agreed upon with that broker that the client entered agreement with.

We also entertained the idea of possibly being able to reroute around the DTC and form a market system that functions fully outside the reaches of the DTCC, NSCC, etc... In our discussions about an alternative to the DTC being formed if we could ever get enough companies interested and/or involved, Mrs. Livingston stated that she already had the software and equipment in place to get things rolling. These are in her possession as they assist her in fulfilling her roll as an Transfer Agent.

She agrees with my thoughts, as well as most of yours, that the DTC is a monopoly which is against our laws. The DTC accumulated the opposing Depository Trusts that were competing which obviously gave it a clear cut monopoly.

The DTCC which has already became a monopoly on the Depository industry is now attempting to move into a monopoly for clearing, settling, and seizing hold of the transfer agents function as well.

Mrs. Livingston had previously worked for a company that had both a Broker and a Transfer Agency Division and they were required to keep them completely separated. It appears that the DTC is trying to be both broker and T/A wrapped up in one. This would make the gathering or obtaining of information from them nearly impossible as it already is.

Mrs. Livingston stated that there are basically 2 groups of T/As
The Wall Street Giants that could care less about paper certificates or STP as they have revenue generating avenues from all sources
and
The Individual Agents that are trying to perform a vital service and mainly focused on the Transfer Agent business.

Mrs. Livingston added that the average transfer agency is uniformly quiet to regulatory developments as they are fearful of drawing scrutiny from the SEC or the DTCC. As we all know, the squeaky wheel gets greased and that is not always a good thing.

(NOTE: As a matter of note, remember Mrs. Lori Livingston was notified after her letters of concern to the SEC and the DTCC about dematerialization and the DTCCs directional push of being the Transfer Agent for the country, that her company, Transfer Online Inc. was being audited. Go figure!)

In closing I believe we have a lot of friends that are very aware of what is transpiring in the market system and from the regulators regarding CMKX.

I still believe the company could furnish the filings and all of this revocation stuff would go away. It doesn't appear at this time they are "capable" of submitting the filings. I say that, because I firmly believe if they could then they would. I understand that Mr. Levine had documents that he was sent to be audited and he had 250 some odd pages of papers to turn in when he left and that the first 3 quarters of 2002 were already covered in the filings. I believe I am aware of most all of the scenarios that could be, should be concerning the filing of the necessary reports to settle the Administrative Hearings issues for CMKX.
What is still outstanding is that they haven't filed and if they don't then they will probably get revoked. If they do get revoked the obvious solution is to 1st file an "appeal". If you stll can't file the reports by the end of the "appeals process", then I think you need to shut her down, accept the revocation, get some one in there that can get the job done one way or another, then either file the Form 10 to reregister or roll everything over into another comapny.

A revocation only suspends the trading of the securities as they would no longer be registered, but it does not do away with the assets of the company nor does it do away with the shareholders stake in those assets. A revocation is not bankruptcy!

I believe the company is taking the steps that they can take at this stage of the game and when they are finished with the reports, as I do believe they will accomplish the task within the next 45 days, then they will utilize whatever options are available to them at that time.

Before I close I thought it would be fitting to sharew with you information that was passed on to me from a trusted source. It has to do with Ameritrade and their treating of securities that are deemed to be worthless by either the company, the transfer agent, the regulators, or the courts.

Here is the email:

Thank you for contacting us today regarding CMKX. Positions held in your account remain there for holding or negotiating at the discretion of the account holder(s). Ameritrade would remove a position from a client's account without client request if the shares have been deemed null and void by the company, transfer agent, regulators, or the courts. This removal could include a liquidation, an exchange, redemption, or no redemption at all. Although we do not have any bearing on whether this determination would ever be made, we will act in accordance to the above parties if the position is no longer valid. There is not a cost associated with holding positions that no longer trade or when a position is removed on a mandatory basis due to delisting or revocation If you wish, you can request a certificate be issued in your account name for your position. In this case, if the position is deemed null and void, you can continue to hold the certificate, even if it may have no value or recognition at that time. If you have further concerns or inquiries, please reply to this message.
Sincerely, Joy Busse
Reorganization and Safekeeping,
Ameritrade Division of Ameritrade, Inc.

Make of it what you will, but I would suggest everyone make contact with your broker before any decision is handed down and make sure that the broker understands what you want done with your CMKX position in case of a revocation from the Judge. I am just asking everyone to be safe and know your options before any scenario could develop and these broker/dealers that are out there start deleting positions.

For the record, I don't believe the SEC proved its case to get a revocation. I don't believe the Judge "should" revoke CMKX because of the shareholdrs, the effort, the money spent, the assets, the progress reportedly made, etc... I do believe a suspension should be handed down with a definite time limit to provide the filings. I would expect 45-90 days should be sufficient. With all of that said, I still believe if the company doesn't file something and show progress then this Judge will revoke. JMHO

These were not attempts to give exact quotes from Mrs. Livingston and I have shared with you what I believe she has communicated to me. These are all just my opinions and I do hope that you treat them as such.

I do believe success is at hand.

Dr.D
 
Posted by dwman on :
 
[QUOTE]Originally posted by stockster5:
[QB] Here's alittle something for the koolaid crowd who thinks these company officers actually
care about little piddling shareholders... Correct me if I'm wrong, but no certs no voting power???

Wrong!! I have never pulled certs on a stock before and have voted by proxy once or twice. Normally I toss the proxy material.
 
Posted by ed19363 on :
 
Know what I dont understand?
If CMKX has ANY filings ready, even if it is only for ONE QUARTER two years ago, WHY DONT THEY FILE IT. It is very hard to believe that after two years they have absolutely NOTHING ready.
One small filing might be seen as an effort to get up-to-date to the judge, and may sway her decision.
IMO the company is acting in a wildly stupid manner.
 
Posted by dwman on :
 
quote:
Originally posted by Ric:
CIM can only IPO through the SEC. I love how they feel the SEC will approve that, lol.

ric... I don't believe cim will ipo but if their papers were in order and they met the requirements for going to a board, on what grounds can the sec prevent it? The SEC has guidelines too... granted, it seems, they rarely follow them.
 
Posted by dwman on :
 
quote:
Originally posted by Dustoff101:
dwman, goodnight new friend....When are ya gonna stop blowing holes in that Texas ground!

Don't ya know your a floating on oil!

Somebody shot a 16 ton black Bear the other day..

That dern Bear fell outa a 600 ft Douglas Fir tree....

Caused a 5 on the rickter scale..

The Bear started a rolling down the mountain
and created a huge clear cut...

The judge gave the hunter a ticket for illegal clear cut logging....

Last I heard, the Bear was bein turned into sun dried jerky.

They used the clear cut to finish the deed, damn near filled up all 720 acres of that clear cut with drying meat!

The Tuna are running, standby for report...

Did get high centered on a Gold nugget while driving on the beach at Gold Beach OR........Guess I'll have to raise the old truck up another 12ft....

Those damn nuggets block the beach and make it difficult to get where I dig clams!!

Want to hear about the clams?

lol dusty... actually my land sits atop the Barnett shale which is a large natural gas deposit.
 
Posted by dwman on :
 
Yes dusty... the clams, the clams... tell me about them.
 
Posted by legaleagle on :
 
FRIZZELL LAW FIRM
305 S. Broadway, Suite 302
Tyler, Texas 75702
(903)595-1921
E-Mail jmartin@cmkxownersgroup.com


Dear Group Members, July 6, 2005


John Martin is out of the office and will return on Friday. He is out of town on CMKX business so hold your calls until Friday if you wish to speak to him. He may be able to return some emails but I understand there are some problems with his remote hookup. Many of you have visited with my legal assistant Goldie Norris in the last few months. She is taking the remainder of the week off for a long scheduled vacation. She is very dedicated and very loyal and expressed her concerns about being out of the office the remainder of this week. Her vacation has been planned for quite sometime. You will see below that I am working on some other matters which will prevent me from taking calls at least until tomorrow. Any calls that come to the office may be answered by temporary help or call notes. All messages will be forwarded to me.

I am currently encouraging the company and the SEC to enter into formal settlement discussions before we receive a ruling by Judge Murray. I plan on asking the Judge (by written motion if necessary) to allow us time to explore all options before she rules. Judge Murray has indicated she will rule by July 17. I am hopeful we will be given the benefit of the next week or so to try to come to some agreement. The issues in these settlement discussions are not terribly complicated but I am not convinced the company and the SEC have fully discussed all avenues of settlement at this point. Phone conferences are planned this morning with the company.

There has been discussion about appealing any adverse ruling by the court and continuing our work on the financials during the appeals process. Although we may be resigned to this fate, I am adamantly opposed to such unless we have fully explored all other options. I have made myself clear to the company about our position.

I am convinced that work is continuing on the financials. It is my understanding that there will be some announcements about the new auditor any day now. There were tentative plans for me to be in Fort Lauderdale tomorrow, Ecuador over the weekend and Canada next week. I have told Urban that I will not be going to Ecuador or to Canada until we have exhausted every avenue to avoid deregistration. I have also cancelled my trip to Fort Lauderdale to meet with the Eagletech people tomorrow. I plan to reschedule this meeting as well.

The court has entered an order striking the portions of my brief referring to naked short selling. Her ruling denies the admission of SH Exhibit 1. It is apparent she will not consider our evidence of naked shorting in her ruling. I will have this order posted this afternoon.

We are continuing to gather shareholder statements and adding the numbers to our total. This remains critical evidence as I meet with other parties (mostly politician types and law enforcement types). I have met formally with a non local office of the FBI. A meeting with the Department of Justice is being arranged.

I will report to you the progress of any settlement talks as soon as I am able.


Onward,


Bill
 
Posted by Wallace#1 on :
 
quote:
Originally posted by dwman:
[QUOTE]Originally posted by stockster5:
[QB] Here's alittle something for the koolaid crowd who thinks these company officers actually
care about little piddling shareholders... Correct me if I'm wrong, but no certs no voting power???

Wrong!! I have never pulled certs on a stock before and have voted by proxy once or twice. Normally I toss the proxy material.

stockster,

Dwman is 100% correct. Your broker is required to pass the voting right on to you even if the stock is in street name. Don't remember if the broker can vote it if you decline to vote it.

dwman,

How are you doing my friend. Miss your correcting my grammar...the occasional times I make a mistake. LOL Get back here where where you belong instead of staying with those weird cult forums!!!
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
Know what I dont understand?
If CMKX has ANY filings ready, even if it is only for ONE QUARTER two years ago, WHY DONT THEY FILE IT. It is very hard to believe that after two years they have absolutely NOTHING ready.
One small filing might be seen as an effort to get up-to-date to the judge, and may sway her decision.
IMO the company is acting in a wildly stupid manner.

Good question ed. Actually their lack of filing anything gives you an answer. The lack of IRS enforcement tells me they have been filing their taxes alright. That requires financial records and statements. So why haven't they filed prior years............THEY WANT TO BE REVOKED.

But why would they want to be revoked? That's the $64 question right now. NO, keeping evidence of criminal activity by Urban is not the answer. This company has been turned inside out by investigators, and all they can find is a failure to file. This maneuver to be revoked is tactical. It was made before the 15C was reversed. If they wanted to cover for Urban they wouldn't have opened that door. The best explanation I have heard is that they want to "lock in" the naked short. If permanently revoked, NO ONE can trade again. No one, can cover their naked short position. But who really knows why, we can only wait and see. But it is obvious, if they don't get in their filings very quickly, they want to be revoked.
 
Posted by WinsumLosesum on :
 
quote:
Originally posted by legaleagle:
FRIZZELL LAW FIRM
... I have told Urban that I will not be going to Ecuador or to Canada until we have exhausted every avenue to avoid deregistration...

So, IF this is true, then we can cross off the "CMKX WANTS to get revoked" theory, right?
 
Posted by ed19363 on :
 
I'm tired...all I can add is:


9 DTG
 
Posted by bill1352 on :
 
not sure about no criminal actions on UC's part legal. not just saying this from a basher stand point either. two things stand out. 1) hakala mentioned she had evidence of some questionable trades in her opening remarks i think it was. she stated that because this case was about filing only she didn't bring that evidence. what she was refering too we dont know but with the amount of shares dumped into the market it may not be good. 2) this is 1 that i would think even the cult would be screaming for answers. remember hakala's questioning of the last cmkx woman, the young lawyer about a $60 million gem purchase in december of 2004. this wasn't the infamous jade buy back in 2003 this was a new one. yet there was only the info it was bought. no info on what, how it was paid for other then company money (had to be or it wouldn't be on company books) & it was only rumored that it was canceled. nobody told shareholders about such a buy. this is late 2004, after the SEC contacted cmkx lawyers about the form 15. also it was well after UC made so many comments about being close to filing yet no more info then there was a deal in place for this gem buy.
 
Posted by legaleagle on :
 
quote:
Originally posted by WinsumLosesum:
quote:
Originally posted by legaleagle:
FRIZZELL LAW FIRM
... I have told Urban that I will not be going to Ecuador or to Canada until we have exhausted every avenue to avoid deregistration...

So, IF this is true, then we can cross off the "CMKX WANTS to get revoked" theory, right?
Winsum, I don't see the connection. CMKX may want to be revoked for it's own reasons. They will continue with their plan regardless of what the OG and their attorney says. CMKX knows more about what is going on behind the scenes, than the Frizzell does. They won't let his opinions or wishes interfere with what they know to be the best course for the company and the shareholders.
 
Posted by legaleagle on :
 
quote:
Originally posted by bill1352:
not sure about no criminal actions on UC's part legal. not just saying this from a basher stand point either. two things stand out. 1) hakala mentioned she had evidence of some questionable trades in her opening remarks i think it was. she stated that because this case was about filing only she didn't bring that evidence. what she was refering too we dont know but with the amount of shares dumped into the market it may not be good. 2) this is 1 that i would think even the cult would be screaming for answers. remember hakala's questioning of the last cmkx woman, the young lawyer about a $60 million gem purchase in december of 2004. this wasn't the infamous jade buy back in 2003 this was a new one. yet there was only the info it was bought. no info on what, how it was paid for other then company money (had to be or it wouldn't be on company books) & it was only rumored that it was canceled. nobody told shareholders about such a buy. this is late 2004, after the SEC contacted cmkx lawyers about the form 15. also it was well after UC made so many comments about being close to filing yet no more info then there was a deal in place for this gem buy.

Bill, no one knows what gem purchase she was talking about. But shareholders are not screaming because the purchase of a precious gem collection may be just what the company needs.

What would you do with, oh, say 150 million dollars. Put it in a bank? Put it in the DTCC controlled, stock market? LOL Personally I would put it in gold, silver, precious gems. I think that would be a smart investment on the company's part.

If I were a crook, as so many here think that Urban is, I wouldn't run such a purchase through the company's books. Quite the contrary, Urban still sees CMKX as a viable, operational diamond exploration company, worthy of such an investement. And it must be, or he wouldn't have had $60 million to invest for the company.

So what you are trying to do here.....place doubt in shareholders minds, rather only enforces our concept that CMKX is a well financed, operational company, with surpluses that it needs to invest in the company's future. That reinforces my faith in CMKX and Urban's management decisions.
 
Posted by legaleagle on :
 
CHECK OUT THE SIMILARITIES BETWEEN THIS COMPANY AND CMKX, AND HOW IT IS HANDLING THE PROBLEM. SOUND FAMILIAR?


MIAMI, June 22, 2005 (PRIMEZONE) -- Telatinos Inc. (TLND), a Latin American-based communications service provider, today announced that the controlling shareholders and Board of Directors have ratified that the "springing option" on the Contacting division of the Company has been exercised by the Holders of the springing option. The resulting action removes the majority of all revenues to a privately held corporation. The Company and its common shareholders remain minority shareholders of IPXES Inc. The Company's proprietary technologies and all other assets and liabilities will remain in Telatinos Inc.

The Company, its officers, directors and U.S. consultants were formally examined by SEC officials for integrity and transparency earlier this year. Significant due diligence in the form of all the Company's books, board minutes and corporate agreements including but not limited to; notarized, executed confirmed purchase orders were provided. The SEC is not seeking further information from the Company, its officers, directors or consultants.

Telatinos president Rodrigo Calderon stated, "The U.S. OTC and unregulated stock markets have proven to me and my colleagues that the rules and regulations governing both fully reporting and non reporting companies continue to be wildly skewed in favor of offshore hedge funds and rogue market markers. Therefore, we are removing the Company's most valuable asset from the dangers of unlimited, counterfeit dilution and the most savage stock manipulation we have ever witnessed. The Company is seeking additional information from authorities in the USA, Isle of Man and Turks & Caicos regarding specific entities who have seemingly traded extremely large amounts of the Company's common stock, yet do not appear on the Company's NOBO lists. The Company has instigated with the assistance of U.S. authorities, an investigation of activities of certain individuals whose trading activity has tenuously been linked to thousands of message board and bulletin board postings concerning the Company. We look forward to a speedy resolution to these issues."
http://money.excite.com/jsp/nw/nwdt_ge.jsp?news_id=pzn-80378&feed=pzn&date=20050622
 
Posted by Ric on :
 
Everyone did also notice in Frizzel's letter, that the Judge struck down the motion by the OG on NSS and any evidence that they have.

"The court has entered an order striking the portions of my brief referring to naked short selling. Her ruling denies the admission of SH Exhibit 1. It is apparent she will not consider our evidence of naked shorting in her ruling. I will have this order posted this afternoon. "
 
Posted by Ric on :
 
legaleagle
Member


Member Rated:
posted July 06, 2005 12:57
--------------------------------------------------------------------------------
CHECK OUT THE SIMILARITIES BETWEEN THIS COMPANY AND CMKX, AND HOW IT IS HANDLING THE PROBLEM. SOUND FAMILIAR?

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

You may want to think that it is close but there is one huge difference. In your example the company is taking the forefront in dealing with this. With CMKX its the Shareholder that had to do something. The company seems to care less.
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
Everyone did also notice in Frizzel's letter, that the Judge struck down the motion by the OG on NSS and any evidence that they have.

"The court has entered an order striking the portions of my brief referring to naked short selling. Her ruling denies the admission of SH Exhibit 1. It is apparent she will not consider our evidence of naked shorting in her ruling. I will have this order posted this afternoon. "

She can strike the motion, Ric, but she cannot strike her responsibilities to report the commission of crimes to the appropriate authorities. It is mandated by law.
 
Posted by legaleagle on :
 
quote:
Originally posted by Ric:
legaleagle
Member


Member Rated:
posted July 06, 2005 12:57
--------------------------------------------------------------------------------
CHECK OUT THE SIMILARITIES BETWEEN THIS COMPANY AND CMKX, AND HOW IT IS HANDLING THE PROBLEM. SOUND FAMILIAR?

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

You may want to think that it is close but there is one huge difference. In your example the company is taking the forefront in dealing with this. With CMKX its the Shareholder that had to do something. The company seems to care less.

Ric, there you go assuming again. You don't know what the company is doing. You are only seeing what you want to see, or what supports your contentions.
 
Posted by bmarley5780 on :
 
still goin on.......blah
 
Posted by will on :
 
LOL

"Ric, there you go assuming again. You don't know what the company is doing. You are only seeing what you want to see, or what supports your contentions."

Isn't that rich, coming from you, noah.

Talk about seeing what you want to see or what supports your imagination, you have been doing exactly that for over a year now. You and all the pumpers and faithful.
 
Posted by Ric on :
 
I guess you didn't listen to Frizzel in the PalTalk did you. He clearly stated she didn't. I think he would know more then the self proclaimed know it alls on PB32.


quote:
Originally posted by legaleagle:
quote:
Originally posted by Ric:
Everyone did also notice in Frizzel's letter, that the Judge struck down the motion by the OG on NSS and any evidence that they have.

"The court has entered an order striking the portions of my brief referring to naked short selling. Her ruling denies the admission of SH Exhibit 1. It is apparent she will not consider our evidence of naked shorting in her ruling. I will have this order posted this afternoon. "

She can strike the motion, Ric, but she cannot strike her responsibilities to report the commission of crimes to the appropriate authorities. It is mandated by law.

 
Posted by Ric on :
 
Looks like the cult from PB32 caused the Judge to change her number for her fax. I am sure that there interference really makes her heart go out for CMKX, lol.

Covert$$$
God of Diamonds

member is offline


SECRECY - If anyone knew our mission, WE FAILED




Joined: Aug 2004
Gender: Male
Posts: 868
Location: Philadelphia Suburbs
Judge Murray's fax number disconnected? ? ?
Thread Started on Yesterday at 4:48pm

--------------------------------------------------------------------------------
I just tried to fax a followup note to Judge Murray. Her fax number 202-942-9655 answered with a recording that the number was disconnected. Does anyone have her new fax number? TIA
 
Posted by bill1352 on :
 
your right legal..i'f i'm running a mining company & i have 1 drill rig & a million acres to explore & a 703 billion & $60 million to invest the first thing i'm buying is gems. it wouldn't make any sence to buy another drill rig or 2 maybe pay for better ppl to explore those claims. nope get me a bag of jade or whatever & i can display them at the race track every week.
 
Posted by bill1352 on :
 
i'm sure that judge just loves the cmkx shareholders Ric. her & that assistant who's number frizzy forgot to black out on the OG site. i'm bettin they chip in for roses to send out when it gets revoked.
 
Posted by bill1352 on :
 
yep TNLD sound just like cmkx...except for the part about the SEC finding nothing when searching company records or should i say the SEC finding something as in books, financial records, contracts & all in order. Legal you said all the SEC could find was a false form 15? maybe ya think having a lack of books, records, contracts, financial records had something to do with what they found? the only thing that TLND & CMKX have in common are that they are shorted but then CMKX has that in common with hundreds of companies. unlike cmkx they have all the books in place & correct. ya ever think maybe the SEC wanted to look at their books to find a good company with all the "T's" crossed & "I's" dotted that was naked shorted to explore & maybe find ways to clear up the problem? as your beloved dr. d said a lot of ppl know a lot more then they are letting on. there may be a whole behind the seen move going on that is bent on cleaning the problem up. in fact another cult hero Zen, thinks that same thing.
 
Posted by bill1352 on :
 
ok the cult has lost it completely....again. a "joke" from RB


http://foros.recoletos.es/foros-diarioeconomico/thread.jspa?threadID=663
 
Posted by legaleagle on :
 
Banco Espirito Santo will launch a takeover to CMKM Diamonds Inc
Mensagem enviada: 6/jul/2005 16:30 Responder


Lisbon - Todays rumor that CMKM Diamonds Inc will enter in the Angola diamond market make a reaction on the portuguese interests that are in Angola. A source of Banco Espirito Santo said that this bank could make a takeover of CMKM Diamonds Inc. The source said Banco Espirito Santo is preparing to notifie will n next friday the Portuguese National Securities Market Commission (CNMV) that it was willing to waive the condition of a 75% minimum acceptance level to which its public offer for the acquisition of CMKM Diamonds Inc shares was subject, taking into consideration that the response received will be sufficient to develop the business project pursued through the takeover bid. Banco Espirito Santo if the rumour is true will launch a takeover bid for CMKM Diamonds Inc with the payment of 0,001 euros for each of the that responded to the tender offer, this initial offer could reach the limit of price of 0,0015 euros for each share of the company.
 
Posted by legaleagle on :
 
0.0015 Euro = 0.00178910 USD
 
Posted by legaleagle on :
 
Banco Espirito Santo = Bank of the Holy Spirit

And you wondered why Christian Traders were so involved. We really are taking over. LOL
 
Posted by ed19363 on :
 
Three years and we get .00178910?

Wow, what a great investment !!
 
Posted by will on :
 
Citi-Corp was a better deal, ed. Ooops! That rumor never materialized. This one from the Holy Spirit is fact now, or is it just a rumor too?
 
Posted by ed19363 on :
 
Will, nothing would surprise me anymore.
There have been so many rumors on this POS that if I heard they were buying Santa's residence at the North Pole, I would almost believe it.

I am contenting myself with laughing at the ridiculous stuff that comes out, and looking forward to an end in 9 days.

I only hope it ends, one way or another.
 
Posted by will on :
 
Oh it will end alright, but "it" will never end.
These jamokes will breathe life into this pos for years to come. There will be a rumor soon that Holy Spirit didn't have enough money, and God will have to handle the buyout or settelment Himself.
 
Posted by ed19363 on :
 
I understand the Banco thingy started on Raging Bull, so its probably just some bored person who got tired of playing with himself and decided to shake things up.
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
I understand the Banco thingy started on Raging Bull, so its probably just some bored person who got tired of playing with himself and decided to shake things up.

Ed, if you follow the link http://www.business-humanrights.org/Categories/Individualcompanies/B/BancoEspritoSanto , you will see that the source is the Business and Human Rights Resource Center. Their concern is that Banco is in bed with DeBeers in the Angolan Diamond Mining, and the Human Rights Abuses. They could care less about CMKX. But they did state it was just a rumor.
 
Posted by Upside on :
 
I'm taking any and all bets that this doesn't happen, with Allstocks being the beneficiary, assuming they give it their stamp of approval. Loser sends them a check for the amount of our wager. We all post here for free, look at it as a donation.
 
Posted by legaleagle on :
 
Another rat does swan dive from SEC Ship


http://external.paltalk.com/disclaimers/general.html?url=http://www.statesman.com/business/content/shared-gen/ap/Finance_General /Merrill_Officer.html

Merrill Names David Kornblau As 1st V.p.
WASHINGTON Merrill Lynch & Co. Wednesday named one of the Securities and Exchange Commission's top enforcement lawyers as head of regulatory affairs and first vice president.

David Kornblau, chief litigation counsel in the SEC's enforcement division, will begin at the Wall Street securities firm in September.

Kornblau, 44, joined the SEC in 1995 and became chief litigation counsel in 2000. His tenure covered a period in which the securities regulator handled cases involving accounting scandals, mutual fund trading abuses and Wall Street conflicts of interest.

Kornblau is the second top enforcement officer to leave the SEC this year. Stephen Cutler stepped down as SEC enforcement director in the spring, and recently accepted a job at law firm Wilmer Cutler Pickering Hale and Dorr LLP.

Kornblau graduated from Princeton University in 1983 and received his law degree from Harvard Law School in 1986. Before joining the SEC, he worked for the law firm Paul Weiss Rifkind Wharton & Garrison, specializing in civil and criminal matters involving securities fraud.

From 1993 to 1994 Kornblau was chief counsel for The Jury Project, a task force appointed by New York State Chief Judge Judith S. Kaye to study and make recommendations for the overhaul of the state's jury system.

Merrill had annual revenue of $32.47 billion last year.

In midday trading, shares of Merrill were unchanged at $55.71 on the New York Stock Exchange.


___

July 6, 2005 - 11:38 a.m. EST

Copyright 2005, The Associated Press. The information contained in the AP Online news report may not be published, broadcast or redistributed without the prior written authority of The Associated Press.
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
Will, nothing would surprise me anymore.
There have been so many rumors on this POS that if I heard they were buying Santa's residence at the North Pole, I would almost believe it.

I am contenting myself with laughing at the ridiculous stuff that comes out, and looking forward to an end in 9 days.

I only hope it ends, one way or another.

Ed, weren't you just saying you were waiting for trip 2 or trip 3 so you could get out.

At $1800 per million, you should do very well.
 
Posted by will on :
 
Let's see ed, I thought I recall you saying you had 22M shares. Just think you can go to your nearest Lincoln/Mercury dealer, and tell them it is rumored that you have CMKX stock worth $39,600, and you would like to spend that rumor for a new Mark, see if they will give you a free and clear title and the keys.
Let me know how it works out.
 
Posted by legaleagle on :
 
Real value is in CIM, those are the ones you want to hang onto ed.
 
Posted by will on :
 
Right, how silly of me ed, tell them you have x amount of CIM. You know that highly valued dividend laying in your account. The one from a nonexitent company. That hot ticket.
....and you might be shrewd and only give them about 1600 shares of that, because it's gonna IPO at $20 a share.
 
Posted by legaleagle on :
 
Judges Order denying NS Evidence NOTE: Gotta restart your countdown clock.


http://www.cmkxownersgroup.com/DenialofSHExhibit1.pdf
 
Posted by stockster5 on :
 
Okay, thanks Wallace. Although I'm not sure how I would hear about anything as I have a un managed account with scottrade.
This just happened to me in the last 6 days. One of my stocks just did a reverse 1-1000 split and changed it name at the same time and started selling over 20 cents tuesday. The company made a sec filing late Friday the 1st, to split and change its name on the 5th. As you know, monday was holiday, so I don't believe anybody could unload this stock if they wanted to. I woke up tuesday from 185k to 185 only. It was locked at a .0001 pps right till fri 1st.
Many, many penny companies do this more and more.
Why didn't UC just do a few reverse 1:10000 splits and be done with it. It does decimate the small investor almost every time.
S5
 
Posted by stockster5 on :
 
I just spotted another stock that just did 130 million volume, problem is the last sec filing was may 2004 and the company is being investigated for fraud and lawsuits from sec. AND has no new news anywhere to be found.!!
AND IT'S STILL BEING TRADED.....WHAT'S WRONG WITH THIS PICTURE ???????
 
Posted by bill1352 on :
 
that wasn't an rb rumor it was a joke. notice everything on the site is in spanish except the article? second why would debeers buy the claims when many of them are split between 5 companies with cmkx holding the smallest percent. cmkx does hold the biggest percent in a few but the sites closest to debeers have 5 companies involved, USCA, UCA, KPG, SGGM & cmkx & the only 1 with enough money to develope it into a mine is debeers.
 
Posted by bill1352 on :
 
stockster...the sec has thousands of companies to watch. many slip through the cracks till something calls attention to them. USCA started this string of investigations. it started with some questionable prs which lead to the false form 15 filed by cmkx then to sggm, a shell that woke up 1 day with $10 million to give cmkx along with 200 billion shares. SGGM will probably be able to get through this pretty easily as most of the missing filings are from when they were a shell.
 
Posted by ed19363 on :
 
quote:
Originally posted by will:
Let's see ed, I thought I recall you saying you had 22M shares. Just think you can go to your nearest Lincoln/Mercury dealer, and tell them it is rumored that you have CMKX stock worth $39,600, and you would like to spend that rumor for a new Mark, see if they will give you a free and clear title and the keys.
Let me know how it works out.

I used to work at a Ford dealership. I think I might be able to talk them out of a lugnut for the 22M CMKX shares.
 
Posted by ed19363 on :
 
quote:
Originally posted by legaleagle:
quote:
Originally posted by ed19363:
Will, nothing would surprise me anymore.
There have been so many rumors on this POS that if I heard they were buying Santa's residence at the North Pole, I would almost believe it.

I am contenting myself with laughing at the ridiculous stuff that comes out, and looking forward to an end in 9 days.

I only hope it ends, one way or another.

Ed, weren't you just saying you were waiting for trip 2 or trip 3 so you could get out.

At $1800 per million, you should do very well.

Pardon me, I'm about as dense as Campbell's Tomato soup. What is this about trip 2 and 3, and who said $1800 per million? What am I missing here??
 
Posted by ed19363 on :
 
quote:
Originally posted by legaleagle:
Real value is in CIM, those are the ones you want to hang onto ed.

How many times I gotta tell you
THERE AINT NO CIM !!!!
That symbol is already taken !!!
 
Posted by Ric on :
 
bill, I bet SGGM still don't file even though it was just a shell. UC hid his scam pretty well so far by convincing others he was trying to file and taking the fifth. Theres no way he will let this subordinate scam do him in by letting the SEC and others in on the money laundering between companies to hide the fact that all these are stock for sale scams.
 
Posted by ed19363 on :
 
New PB32 rumor, the judge will rule on July 21...figures....that's the full moon.....
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
quote:
Originally posted by legaleagle:
quote:
Originally posted by ed19363:
Will, nothing would surprise me anymore.
There have been so many rumors on this POS that if I heard they were buying Santa's residence at the North Pole, I would almost believe it.

I am contenting myself with laughing at the ridiculous stuff that comes out, and looking forward to an end in 9 days.

I only hope it ends, one way or another.

Ed, weren't you just saying you were waiting for trip 2 or trip 3 so you could get out.

At $1800 per million, you should do very well.

Pardon me, I'm about as dense as Campbell's Tomato soup. What is this about trip 2 and 3, and who said $1800 per million? What am I missing here??
You were recently talking your exit point on CMKX. Trip 2 = triple zerps and a two .0002 The $1800 per million is the extension of the banco rumor buyout price.
 
Posted by legaleagle on :
 
quote:
Originally posted by ed19363:
New PB32 rumor, the judge will rule on July 21...figures....that's the full moon.....

Not a rumor ed, it's in her ruling today.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by ed19363:
quote:
Originally posted by will:
Let's see ed, I thought I recall you saying you had 22M shares. Just think you can go to your nearest Lincoln/Mercury dealer, and tell them it is rumored that you have CMKX stock worth $39,600, and you would like to spend that rumor for a new Mark, see if they will give you a free and clear title and the keys.
Let me know how it works out.

I used to work at a Ford dealership. I think I might be able to talk them out of a lugnut for the 22M CMKX shares.
Damn it, ed! I keep telling you folks I'd buy one certificate (any number of shs on it) for $1.25. Hell, even $1.50. That's more than an lug nut could cost.
 
Posted by stockster5 on :
 
I'm pretty sure this is a bankrupt company doing no business, there's has to be some sort of automatic system somewhere to alert sec or whomever of a defunct company.....
This is just plain nuts...
 
Posted by Dustoff101 on :
 
Originally posted by dwman:
Yes dusty... the clams, the clams... tell me about them.

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

Can't tell ya right now, I am over my legal limit....

That Judge might be lurking!

Judgehangumhi is still PO'D over my fishing methods.
 
Posted by ed19363 on :
 
The 21st is still the full moon...all the cult members can do their howling that evening....
And I am not exiting, I'm a stubborn SOB and I'm gonna get the certs from Ameriturd so I can show them to all my friends. Then I'm gonna re-do my bathroom wall with em.....
 
Posted by stockster5 on :
 
I'm speaking of another company, not cmkx...
and Ed, you blew it... I offered a dollar per share 2 weeks ago after I sell off my Kmart holdings....but only 10 million I think... My kmarts should be selling any second now..........
 
Posted by bill1352 on :
 
ya but sggm has pr'ed some serious deals in the last 2 months Ric. now they can either walk on those deals or hand over evidence against UC & walk with a fine dont ya think the SEC would cut a sweet deal to SGGM to hang UC? since all evidence from court & the cult says there are no records since 2002 it would be hard for the SEC to prove anything against UC. cmkx gets revoked & he could walk away scott free never to be heard from again. the SEC did say they needed cmkx's trading records for a criminal case. maybe its for NS'ing & maybe its for UC's pump & dump master plan & maybe washing $10 million thru sggm is a missing part of that case.
 
Posted by ed19363 on :
 
Isnt it funny. This stock is so screwed up even the judge cant make a ruling on time......

Oh hahahahehehehe
 
Posted by Dustoff101 on :
 
quote:
Originally posted by dwman:
Originally posted by Dustoff101:
dwman, goodnight new friend....When are ya gonna stop blowing holes in that Texas ground!

Don't ya know your a floating on oil!

Somebody shot a 16 ton black Bear the other day..

That dern Bear fell outa a 600 ft Douglas Fir tree....

Caused a 5 on the rickter scale..

The Bear started a rolling down the mountain
and created a huge clear cut...

The judge gave the hunter a ticket for illegal clear cut logging....

Last I heard, the Bear was bein turned into sun dried jerky.

They used the clear cut to finish the deed, damn near filled up all 720 acres of that clear cut with drying meat!

The Tuna are running, standby for report...

Did get high centered on a Gold nugget while driving on the beach at Gold Beach OR........Guess I'll have to raise the old truck up another 12ft....

Those damn nuggets block the beach and make it difficult to get where I dig clams!!

Want to hear about the clams?


lol dusty... actually my land sits atop the Barnett shale which is a large natural gas deposit.

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

Got gas?
 
Posted by Dustoff101 on :
 
Dwman......I thought by now Wallace would of taken the bait!

Is he still making those clandestine raids on the ice box?
 
Posted by will on :
 
Shakeman !!!
LOL
I almost forgot about that, thanks for reminding me, dusty.
 
Posted by Dustoff101 on :
 
[QUOTE]Originally posted by will:
[QB] Shakeman !!!
LOL
I almost forgot about that, thanks for reminding me, dusty.

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

Thats it will, lets use a little team work and draw the millionaire out...

I know the shakeman can't contain himself to much longer!
 
Posted by Ric on :
 
Heres a theory for you. The "Sellers" and UC got together and said hum, we have this property rights beside Debeers and a few other companies. They bought up the prime properties and these properties may have something on it but the expense to explore them to actually find something will cost us a fortune. But I bet we can convince the public we have something because were we are located.

We will take a shell and sell shares to people on the dreams of diamonds. We will get a few other companies started and pretend to have interest between us and pass back and forth money and shares like there is something real going on. When the money started rolling in they had to show proof of something to keep people buying the massive dilution.

They find a small gold mining in Equador real cheap then they go out and buy some gems to pass off as a real gem company. CMKX took the lead and CIM was a rouse to make the masses think they were getting thank you gifts from UC in form of DIVY's. Not that it was a real comany even though it is a LLC. Then the restricted GEMM? But you have a dividend, yeaaaaaaa.

Now USCA is second in line in the scam. They will take the lead after CMKX. While SGGM would bring up the rear in case they needed a back door. Other companies seeing the windfall that CMKX was pulling in wanted pieces of the pie and helped UC hide his money from sells of shares.

He hires name people to get the scam to look legit but refuses to tell them anything. He pays them big bucks and tells them to look pretty. They want to help but UC refuses to give them anything so they slowly walk out but happy with the money they are quiet about it.

UC picks on the unemployed and disabled. He goes to the race track to get the people who don't know much about the market and convinces them this will make them millionaires. He lies about how much shares are out there and even when busted by the SEC he still doesn't break it down so the cult followers can still dream there is no float.

He makes off mark statements that really mean nothing but can gives rise to theories and lays a trail of blame on everyone else. He has let the cult believe the "Sellers" and the SEC are the bad guys yet the Sellers IMO are in on it. They all made a killing on selling shares. I don't think by now there is one insider with shares left nor any of the A/S left.

You know 800 billion shares at even a avg. of .0001 made them 80 million clear in just 3 years. Put we know he sold a couple hundred billion from .0007 to .001. Man were do I sign up for that.
 
Posted by Wallace#1 on :
 
quote:
Originally posted by Dustoff101:
Dwman......I thought by now Wallace would of taken the bait!

Is he still making those clandestine raids on the ice box?

And I thought Upside was the only instigator on this thread! LOL So much for my thoughts!!!

Have to go now, good night all!

PS: Cannot do those refrig. raids now. Just had 6 upper teeth pulled today w/2 more to get pulled. Then, an upper. Man!! It's really great getting old, huh? No such thing as "The Golden Years"!!!!
 
Posted by Dustoff101 on :
 
[QUOTE]Originally posted by stockster5:
[QB] I'm pretty sure this is a bankrupt company doing no business, there's has to be some sort of automatic system somewhere to alert sec or whomever of a defunct company.....
This is just plain nuts....


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

May I ask what Planet you have been on?
 
Posted by bill1352 on :
 
i'll add to your theory Ric..UC in an effort to cover his tracks lends cmkx money thus making it look $36 million in the hole. at the same time he makes 2 buys of muti-million dollar gem collections. 1 of which is paid for with shares. he states in a pr this deal is canceled yet no proof it was. the second he never brings up to shareholders but tells a few ppl it was canceled too. gems are easy to covert to cash. the company is revoked with the few records kept saying its $36 million in the hole thus bankruptcy & the wiping out of all shares and assets is complete. UC walks with $115 million in gems, cash & a $3 million home.
 
Posted by bill1352 on :
 
has cmkx ever put out a pr with this much detail????


CGHI -- Centurion Gold Holdings, Inc.
Com ($0.0001)

COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

Centurion Gold Holdings Increases Platinum Assets Through Acquisition of Fulloutput 259 Pty

Following on its recent acquisition of Naboom Platinum, Centurion Gold Holdings, Inc. (OTCBB:CGHI), announced today that it has acquired Fulloutput 259 Pty, a company securing Rights to the De Kroon platinum-ore bearing property.
The De Kroon deposit is a platinum rich deposit bearing an indicated resource of 104,000 ounces of PGMs and an inferred platinum group resource of 240,000 ounces of PGMs, giving a Total PGM resource of approximately 351,000 oz. valued at $217.62 million. The Total Resource of 351,000 ounces is strategically placed between two Platinum majors and development from one of the neighboring mines has made this orebody highly accessible.

Fulloutput 259 Pty has submitted an application for prospecting permits for portions 157 and 159 in the area of De Kroon 444 JQ. All DME departments including the Legal and Finance division have given their clearance. The application has been approved at the Regional Level and is simply awaiting issuing in Pretoria.

Portions 157 and 159 are rich in geological data. Two adjacent properties have been mined, contributing significant information. Additionally, there are four geological exploration holes that offer information on structure and grade, which give a further fix on the location of the reef in space.

"The wealth of geological data on these two portions speeds up our exploration stage and will bring us closer to mining the platinum and generating revenues. We are moving ahead with our business strategy and we strongly believe that this acquisition strategy will bear revenue and earnings results for us in the future," stated Dale Paul, CEO of Centurion Gold Holdings.

Centurion's existing properties are valued at $4.89 billion and consist of gold resources of 6.74 million oz. with an estimated value of $2.86 billion, 1.41 million tons estimated chrome resource valued at $105.75 million, 5,000 tons of tin resources valued at $40.45 million, and 2.18 million oz. estimated platinum resource valued at $1.88 billion. Traditional valuation methods of 10% of resources value the Company's current holdings at $488.76 million, or $4.13 per share. Fulloutput 259 will add 351,000 oz. PGM resource valued at $217.62 million (based on a PGM basket price of $620/oz.), to Centurion's existing platinum resource; 10% valuation methods value the property at $21.76 million, thus revaluing the per share price to $3.79.
 
Posted by Ric on :
 
Shoot CMKX has never gave anything except a could be rosy picture.
 
Posted by stockster5 on :
 
Dustoff... it plainly states below my sig... Mars.

Again, my remarks were about a different co.
So, your implying that bankrupt trading is the norm in micro stocks...
 
Posted by stockster5 on :
 
some more theory...UC looks around, sees boatloads of dudes selling invisible shares, thinks how hard is this..?? figures mining is pretty vague to most people, uses that as starting point..(many examples for him to follow) then makes chit up as it happens to keep himself in track money.
 
Posted by stockster5 on :
 
bill.. just checked out CGHI. It's now making claims to be considering buyout bids.
If this doesn't happen, CGHI's ceo Mr.Paul could be charged with false filing and false news bulletins creating stock price manipulations. The pps has already jumped up and down. This is also a well known technique in the micro cap shenanigans.
 
Posted by Wallace#1 on :
 
Won't mention any names, but those of you who have trouble spelling might be interested in the following free download site:

http://www.iespell.com/

No joke!
 
Posted by Wallace#1 on :
 
Wan't mentn enny nams, but thos of ya who hav trowble spellink mite bee intrested in da folering fre doonlode syte:

http://www.iespell.com/

Any more acceptable? LOL
 
Posted by Ric on :
 
Are you taking something for those teeth that were pulled? Up pretty late there might need more drugs. I have to watch American Chopper at 2am, Only time I get to watch it so always up this late, lol.
 
Posted by legaleagle on :
 
Topic: DrDiamond on the Death of Certs (Read 412 times)
EyeSpy
Diamondologist

member is offline




Joined: Aug 2004
Gender: Male
Posts: 327
DrDiamond on the Death of Certs
Thread Started on Yesterday at 3:10pm

--------------------------------------------------------------------------------
I would like to share with the board an email letter sent to me from DrDiamond (Dr. Frank Hudson) as a reply on my concern about the effort to eliminate stock certificates. He gave me permission to share this with the board. This "kill the cert" scheme will make it a crime to even possess such paper certs. This scheme is being rammed through without debate, analysis, or much forethought. I've not seen any coverage of this on the news, but in fairness I may have missed it since I don't watch a lot of TV news. However, I've been aware of the endless coverage of the runaway bride, Michael Jackson, Terry Schiavo, but no (if any) reporting of this certificate elimination. It's very suspicious to me that the very ones we think are the ones practicing and defending naked shorting are the ones wanting to rush the killing of share ownership proof (paper certs) into law. I called my governor's office last Thursday and the person there said she never heard of this and didn't know if the governor knew anything about it although my state has signed off on this cert kill. When explaining the cert kill effort she agreed with my concern and suggested I write the governor asking him to reconsider it. Please understand this is NOT necessarily a plea to do a CMKX cert pull. That's for management to do (if they could without being busted by our beloved SEC). This is just a wake-up call on an option, a choice, being taken away from all investors and companies.

Anyway, here is DrDiamond's email giving more detail on the issue of cert kill and naked shorting.

EyeSpy
v
v
v
v


Hi Wayne,

I thank you for the letter. I have been trying to get the word out about the "dematerialization"
(the wiping out of paper certificates) push by Jill Considine (DTCC), Annette Nazareth (SEC), Securities Industry Assoc., and the NSCC. The desire to eliminate the "paper stock certificates" is part of the agenda to move to "STP (straight through processing)" which is same day settling (T+0). This is possible, but the cost is going to be the complete loss of any possibility of having a true, honest, market with integrity to protect the company and the shareholders.
OMGEO handles the STP operations for the DTCC and unless the "Dematerialization" effort is completed, the DTCC cannot move truly to STP. Right now we have 6 billion dollars a day worth of trades that are "failing to deliver". Statistics say that only 18% of them can legitimately be covered by the NSCC's "borrowing pool" leaving the remaining 82% to take on, imho, "counterfeit status" (NSS).
These incredible FTD's are coming under a T+3 settling formula and the NSCC, DTCC, and SEC is blaming "paper stock certificates" for the delays that are causing the failures. If the SEC is this blind or naive, then we need to rewrite the system and overhaul the SEC from the top to the bottom. The DTCC and the NSCC are throwing NSS's into the mix to get the transaction volumes plus the positions that they may never have to cover.
The T+3 settling formula is swamping the market system with failures that can't be covered because the problem is the NSS that are being allowed in and the SEC believes it is because the shareholders are holding back paper certificates and the processing time is taking to long. Right now this is sticking out like a sore thumb, but when STP (T+0) is running full speed ahead then the daily FTD's will be the norm and NSS will be lost in the swarm.
What is holding up the SEC, DTCC, NSCC, etc... from running "STP" at full speed? "Dematerialization" is incomplete. We still have 2 states that require companies to issue paper stock certificates to shareholders of record and as long as these state laws require companies trading to issue paper stock certificates "dematerialization" is on hold along with "STP".
When "dematerialization" is accomplished, IMHO, the SEC will step in and BAN / OUTLAW/ MAKE IT ILLEGAL for anyone to own or hold paper stock certificates. All in the name of speeding up the settling process.

When this is accomplished and made law by the SEC then there is no way any company or Transfer Agent is going to be able to verify it's shareholders or track a possible "professional trading position" being held against the company because all of the info will be held by the NSCC, the DTCC, and the SEC. We have already seen the performance of these regulating organizations when they are approached for disseminating of information. Even when a company is trying to protect itself in an Administrative Hearing, the company cannot get a court order or FOIA to work for them. This is the "ISSUING COMPANY" that has reporting obligations and for whom these regulating agencies are supposed to be cooperating and they still are prohibited from seeing information on their company.

A bad situation is developing and I for one have been contacting anyone that will listen and I have suggested that all who will, need to write their Governor and have them recind their decision that withdrew the requirement of Companies to issue "paper stock certificates". Along with that our legislators have to be contacted and confronted to make a decision on this issue ASAP.

Thanks for the time.

Dr.D -- Frank


Reply on my email
v
v
v

From: W. *. <******@hotmail.com>
To: jmartin@cmkxownersgroup.com
Cc: kevinw777@AmericaNeedsToKnow.com, frankhud@msn.com
Subject: Threat to Certificates
Sent: Wednesday, June 29, 2005 3:55 PM


John [Martin],

I know you are aware of the push to eliminate ALL stock certificates. Please encourage Bill to include this in the discussion on counterfeiting of shares. It is obvious the push to eliminate certificates alltogether is tied to hiding electronically counterfeited of shares. This is unacceptable! It needs to be talked about more. When talking about NSS, the eliminating of stock certificates should be brought up in the same breath. They are the same.

Paper certificates = stock issued by a company.
No certificates = electronic fluff and no proof of ownership.
Eliminating of stock certificates = Naked Short Selling

There was an effort about 2 decades ago to eliminate paper money and even coin money! That dumb idea didn't go over well. Most people don't understand the impact of eliminating certs. They must be educated on this, including some of the CMKX investors who seem anti-cert!


Thanks,
Wayne ****,
*******, Texas

cc: Kevin West
cc: Dr. Frank Hudson
 
Posted by Dustoff101 on :
 
[QUOTE]Originally posted by stockster5:
[QB] Dustoff... it plainly states below my sig... Mars.

Again, my remarks were about a different co.
So, your implying that bankrupt trading is the norm in micro stocks...


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

stockster.....I am the last guy in the world to ask if you want an opinion on the Pinks!!!

I am 100% biased against them...

Or I should say the people who manipulate them..

All this criminal behavior is destroying the few good companys that may of had a shot!!!

Mars? can ya daytrade there...How long is the settlement date on funds?

How bad are capital gains?
 
Posted by stockster5 on :
 
Legal..? are you cannadian...and what's wrong with my spelling..?
The idea is working just fine...it's called credit cards and debit cards.....credit is what needs to be outlawed.
You can thank bush for the new law that credit cards can raise your rates no matter what creditor
you so carelessly became an hour late on your monthly payment....!! if your late on a gas card, your visa will go up 5% apr. Bush is also responsible the insurance business to use your credit score to rate your driving rates....this of course after bush lined his pockets with insurance lobbyist money.
While i'm at it, whatever laws that allow multiple reverse splits and name changes should be struck from the books period.
 
Posted by Dustoff101 on :
 
[QUOTE]Originally posted by Wallace#1:
[QB] Wan't mentn enny nams, but thos of ya who hav trowble spellink mite bee intrested in da folering fre doonlode syte:

http://www.iespell.com/

Any more acceptable? LOL

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

spleezz protrunceeate pooperly
Me dIcTinarY ain'ts so goot, dontz yul recrimber IZ got its atz de fIressAIL AND ITS A STILL A SMOLdereen.
 
Posted by bill1352 on :
 
stockster...not really a claim...watched an interveiw on MoneyTV said the same thing live on TV. if you check the prs they had 2 buy out offers this one for .45 looked the best. the pr stated it wasn't a done deal, that they needed to look it over. the pps is .04 below the day the news came out & .05 above before it came out. as for pr scams, i've seen a number of them & am well aware of them. the r/s stock you mentioned is 1 of them. they had a divy pr for .0057 about 2 months ago. my point was the differance in the info given compared to cmkx
 
Posted by stockster5 on :
 
Dustoff..It's the best here on mars. It's just like Nevada. No sec rules, no record keeping and never have to keep any books or list officers at all. Daytrading all night long too.
I'll let you know when a condo opens up.
S5
 
Posted by stockster5 on :
 
Bill, may not be talking about the same stock, take your pick...most are doing this...but I did pick the stock up week after a divy, so it fooled me into thinking it would hold for a few weeks.
Ya boy, you can't trust nothing no more.
 
Posted by Dustoff101 on :
 
U/C's dream come true!

Condo? hell, I just want the shed U/C stole from me back!

You know, the high performance model with the skii's
 
Posted by Ric on :
 
Dustoff, that shed has been moved to UC's back yard, lol. Because the new theory on PB is that UC uses his home as a office because its more secure. That a Office could be broken into and all the secrets that CMKX has and all the Diamonds would be stolen. So he keeps everything at home to safeguard it, One problem with that theory is, why is there so many missing documents then? Guess a another story for unsolved mysteries.
 
Posted by Dustoff101 on :
 
Oh pleezzzz, they aint drinking kool-aide anymore, they found the payoteee stash..

Don't they know hippi drugs can cause deeeelusions?
 
Posted by Dustoff101 on :
 
Ric, I just come by the thread once in awhile these days for laughs, and to check up on Wallace and dwman..

Sometimes I'll come by to beg for stars when I get in a little to deep on the off topic thread. hehe

However, in all seriousness, the calibar of the arguments is still an excellant source of referance for many of us amateurs.
 
Posted by Ric on :
 
Well, you have a 5 from me, thats the best I can do. Even my evil twin gave you a 5, he only has one star, lol.
 
Posted by Dustoff101 on :
 
I wanted to race Art to one star, so naturally the turkey gave me five!

Well there's 3001 posts...

You cought 3000.
 
Posted by Ric on :
 
LOL, sounds like Art. I quit arguing with him. You can't win when two people refuse to lose. He helps keep the off topic board going. But Purl Girl is making it interesting this last month, lol.
 
Posted by Ric on :
 
I have a 5 year old, she won't let me watch anything till she goes to sleep. So 11 to 3 is my TV time, lol.
 
Posted by Dustoff101 on :
 
I still have research to do tonight..

I dug up a couple hundred Dow, Nasdaq and Amex stocks under 5 bucks...

Some of the volume on them is hilarious...I found one that just flat out doesn't trade...

When I find it again I am going to buy some just to trigger everyones vol. triggers! hehe
 
Posted by Thorn on :
 
quote:
Originally posted by Ric:
LOL, sounds like Art. I quit arguing with him. You can't win when two people refuse to lose. He helps keep the off topic board going. But Purl Girl is making it interesting this last month, lol.

Hey, you haven't lost anything until you sell, right? [Big Grin]
 
Posted by ed19363 on :
 
Anybody watching HISC?
 
Posted by Thorn on :
 
Here's some cheer for those who have it not as bad as this:

"A Taiwan stock trader mistakenly bought $251 million worth of shares with a misstroke of her computer keyboard, meaning her company is looking at a paper loss of more than $12 million and she is looking for a new job. "

http://news.com.com/Bad+keystroke+leads+to+251+million+stock+buy/2100-1030_3-5772264.html?tag=st.rc.targ_mb
 
Posted by ed19363 on :
 
New title for next thread
CMKX- The Death Throes


LOL
 
Posted by Ric on :
 
CMKX-Beating a dead horse

You know, there was a PR today on MLON were a new president was put in place. Read further you will find Mario is being kept on in a advisory position. ROFLMAO

People are already falling for it. It is so funny how these scams can keep on scamming and people just don't get it. AMVS (SSWH) burnt its shareholders bad but there are sheep now pumping this again saying it will take off. That they changed and it won't happen again. PRRM shareholders have seen O/S go from 45 billion to 54 billion, Oh it won't raise again they promised to 65 billion to now 71 billion with the management promising each stage that it wouldn't go up again. Yet people still believe in its management. ICAN promised it would spinoff to a OTCBB and everyone would get divy's in the new company. After the pps climbed the o/s did also. Then all of a sudden everything was cancelled for vague reasons. The stock plummetts yet its a steal at .0001.

CMKX refuses to file, give shareholders even basic information yet the diluted to 778 billion shares behind there back. Yet they still believe. Even when the SEC tells them its a scam. But the evil SEC is a liar. They are going after us because they are afraid of this tiny little pinksheet that suppose to make us all millionaires.

CNES did the classic P&D and still there are loyal followers. Even though there portfolio looks like a sink drain that was full of water and the plug was pulled. HCCF has convinced investors that they have the next cure for Diabetes. They are a herbal company people, get real. Qbid even did a great number last year and no one even noticed. They sold a billion shares at a high pps then anounced a share buyback after it sank and bought the shares back at bargain basement. Yet it was passed off as a buyback. No they sold shares high and bought back low. Actually I like that better then sell high and don't buyback after your dilution killed the stock like most pennies. But still it was a lie and the TA is still gagged.

I think that people need to stop buying shares of companies that gag TA's. Send a message that we won't stand for it anymore. Everyone gets so upset over NSS yet they condon this action by the company to cover up dilution. Really as far as the investor is concerned it is the same thing and hurts our investment. Do you really think there would be 50K investors in CMKX if they knew how bad the dilution was getting. Well with the strong koolaid here maybe, lol.
 
Posted by preciserm on :
 
What is the deal with CMKX and when will it make its move?
 
Posted by Ric on :
 
Ahh, its going to be revoked in 10 days. Are you kidding or do you not know whats going on. Just read the thread. 703 billion o/s is enough to know this was dead long before the SEC started investigating them for failing to file.
 
Posted by Wallace#1 on :
 
CMKX - Judgement Day Coming!

OK, folks. None of you seem to want to start a new thread, so I will. Please use it!
 
Posted by stockster5 on :
 
Ric... could you please define 'TA'
... technical assistant, troglidyte ancestor...
transgendered associate...????

Wallace...what thread ??? where.

S5
 
Posted by Upside on :
 
Hey! Where did everyone go?
 
Posted by IWISHIHAD on :
 
Originally Posted By Upside:

"Hey! Where did everyone go?"
_________________________________________________

I think they went where all investors go that invest long term in companies like CMKX... to the bank


-
 
Posted by CashCowMoo on :
 
quote:
Originally posted by IWISHIHAD:
Originally Posted By Upside:

"Hey! Where did everyone go?"
_________________________________________________

I think they went where all investors go that invest long term in companies like CMKX... to the bank


-

Yeah, to the bank to file bankruptcy paperwork because life savings were spent on it. Its almost funny, but sad at the same time.
 
Posted by Bam Bam17 on :
 
Hodges Case Update 10/27/11

http://cmkxunofficial.proboards.com/index.cgi?board=mofo&action=display&thread=9 228

10/27/2011

Filed order (Appellate Commissioner) The motion for summary affirmance of this appeal is denied without prejudice to renewal following the filing of the opening brief. See United States v. Harris, 846 F.2d 50 (9th Cir. 1988)... The request to stay the briefing schedule pending disposition of the motion to dismiss is denied as unnecessary. See 9th Cir. R. 27-11... The opening brief and excerpts of record are due December 5, 2011; the answering brief is due January 4, 2012; and the optional reply is due within 14 days after service of the answering brief. (MOATT) [7945486] (SM)
 
Posted by raybond on :
 
Boy does this bring back a memory or two.

A lot of friendships were made and lost on this board over cmkx.So was a lot of money.
 
Posted by Bam Bam17 on :
 
The SEC Learned Nothing from Madoff -- Check Out CMKM Diamonds, Inc., for Proof. November 24, 2011 at 12:49:53

http://www.opednews.com/articles/The-SEC-Learned-Nothing-fr-by-CMKM-Information- 111121-339.html

Happy Thanksgiving.

MAY GOD BLESS ALL.
 
Posted by Bam Bam17 on :
 
Lawsuit Filed against the NWO that could end the gangster rule of Western civilization 11-23-11.

http://www.youtube.com/watch?v=P82nshx83Qw

MAY GOD BLESS ALL.
 


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