Not sure who closed the CMKX thread. I know its revoked but some of still have some shares and dividends are supposed to be given along with whatever the other assets are.
It would be nice not to close it until we at least know what they are giving and the board is the fastest way sometimes.
Posted by Doctoall on :
What assets, you are not going to see any assets the only person who is going to keep "all" the assets is Urban Casavant
500 empty holes and counting.
Posted by Doctoall on :
quote:Originally posted by Pennies4sell: Not sure who closed the CMKX thread. I know its revoked but some of still have some shares and dividends are supposed to be given along with whatever the other assets are.
It would be nice not to close it until we at least know what they are giving and the board is the fastest way sometimes.
What will it take for people to understand that this is done and so is your money Posted by Pennies4sell on :
Well what is the ratio of cmkx to etgmf? is it 76 shares to a million or is it going to be more or less? They did say other assets whether they are worth anything or are they anything, is another unanswered question that some may be wondering about.
Posted by bill1352 on :
well allstock's might be figuring since it aint a stock it doesn't belong i guess. still cmkx is no worse then a few other threads on here...lol did anyone think to send flowers??? a sympathy card??? play taps??? wanna bet a few ppl typing to tape are having a party tonight???...lol 3 yrs at a 4 or 5 billion average per day no longer needs to be typed into tape
Posted by Before_You_Buy_JR on :
Pennies4sell... I got booted by Doc for bashing last time so I will be nice this time. CMKX is done. No short squeez. The shares you will get of ETGMF will be worthless the day you get it. The stock is heading south. CEO is dumping shares and they will have to dilute it 300% I am being told. All of the DD posted on CMKX has been worthless. When it comes down to it the o.s is what counts. Look at the PLNI thread now. That stock was being pumped for so long and she is heading south.. Why? CEO is printing paper to pay green baron who is promoting that stock. People were up so much but are slowy starting to lose profit.. Why? They put to much trust into these companies. UB took everyone's money and even lead daytraders into believing a short squeez was coming and nothing. Best thing to do now is move on.
Posted by bill1352 on :
notice the fail to deliver number...not saying this is fact but from an old site that monthly total was a rolling number not something to be added to other months.....
FRIZZELL LAW FIRM 305 S. Broadway, Suite 302 Tyler, Texas 75702 (903)595-1921 E-Mail jmartin*cmkxownersgroup.com
Greetings Group Members,
I am anticipating some communication from Mr. Stoecklein regarding the Entrourage distribution. I hope to hear from him today or tomorrow. I will post any information I have to you as soon as I receive something. I have no information beyond what I posted to you last week. I am ready to get to work on a plan that will finally allow us to identify all shareholders of CMKX stock. As for the rumors that a deal has been struck with some market makers, I can tell you that I am aware of no such deal. As always, I hope there is such a deal being made, but I am not privy to any information that such is occurring.
I have received a partial response from the SEC on my requests for information for the Fails to Deliver in CMKX stock. I appreciate the SEC's response but their response is incomplete at best. I plan to continue my work to get you all the information the SEC has regarding the reported fails. It appears that approximately 800 Million shares of CMKX stock were reported to the DTCC as delivery failures in the month of April of 2005. My request for the SHO reports was limited to April of '05 in hopes that I could begin to start obtaining information without meeting resistance because my requests were "overly broad". Knowing that the SEC now believes the monthly aggregate totals are appropriate to be released, I will shortly demand the monthly totals from each month beginning with January of 2005. I will let you know the SEC's response to our request for all the Fail to Deliver information. You can see the response from the SEC at www.cmkxownersgroup.com
This is a difficult time for many of you. I know it is. I sympathize with you. I am doing all that I can do with rather limited information at this point. I have heard many of you have been told to direct all of your questions to this office. If you have a specific question, please email John or try calling one of us. If we are not available, leave the question with the receptionist or my legal assistant. Contrary to the rumor mill, I am not privy to some master plan. I have no information that I have not shared with you. I have answered ten or twelve phone calls today and they all are simply seeking information and wanting to discuss possibilities. I would rather tell you of specific facts when I obtain the same from the company. It is more efficient and much less time consuming to post my information via these updates than to try to answer general questions from hundreds of callers. Those people that are suggesting to any of you that I have knowledge of some master plan should be beat with a wet rope. I do look forward to working with Mr. Stoecklein and Mr. Maheu as we proceed. You will see an update from me as soon as I know more.
Onward,
Bill
Posted by bill1352 on :
plus 800 million if an average over 3 yrs at 12 months a yr is about 30 billion. gonna have a hard time squeezing a 703.5 billion o/s with 30 billion.
Posted by will on :
bill, there never was an extreme NSS of CMKX. They can rant and rave until the end of time, but there will never be any proof of it because it never existed. 30B is 4.2 % of the O/S. There isn't any Trillions of shares shorted. You can open your window and pick a million shares out of the air, why short it?
Posted by Otttoman on :
Interesting that the cmkx.net site is down. It says that this site has been suspended. What are the odds.
Posted by Doctoall on :
quote:Originally posted by Otttoman: Interesting that the cmkx.net site is down. It says that this site has been suspended. What are the odds.
It's dead as dead can be, as soon as the koolaid gets out of their system and they can admit that they have lost their money (as I have lost money) then reality will set in. Harsh but true, Urban scammed us, plain and simple Posted by Doctoall on :
Urban Casavant last seen standing on his front lawn in Vegas about 1100 AM this morning, dressed as a Viking Lady (horns and all)singing out his tune. It would appear that he did not want to hire a fat lady to sing so he did it himself Posted by Highwaychild on :
I'm getting scared to death by all the ghouls and ghosts. One kid even came over dressed up as the SEC.
Posted by will on :
That might have been legal. Did anyone come to the door as NSS with their butt hanging out? OH! Excuse me, with red well kicked, well spanked, butt hanging out. I'll stop there, but for some I'm sure spanking and kicking would have been a pleasure compared to what Urban really did to them!
quote:Originally posted by Highwaychild: I'm getting scared to death by all the ghouls and ghosts. One kid even came over dressed up as the SEC.
Posted by legaleagle on :
Currently accepting all of your "worthless" shares of CMKX into my Ameritrade account, as well as any divies if you want to get them out of your account. LOL
Posted by legaleagle on :
Doc, let me throw down the gauntlet here, you have bashed and bashed this stock for months. Now you consider it worthless. Show the newbies and negs just how certain you are of the value. Transfer your shares over to me. Or admit that this stock has a potential for value that you don't want to miss.
Posted by Doctoall on :
quote:Originally posted by legaleagle: Doc, let me throw down the gauntlet here, you have bashed and bashed this stock for months. Now you consider it worthless. Show the newbies and negs just how certain you are of the value. Transfer your shares over to me. Or admit that this stock has a potential for value that you don't want to miss.
I started to bash after I saw the writing on the wall, before that I promoted it, but when Urban started to take the newbies for all they were worth, I have a conscience that would not let me continue in the path of deception for my personal gain like plenty of you pumpers continued to do, right to the end and still at it.
Posted by will on :
legal, don't you have enough with what Urban gave you?
OUCH!
Posted by Before_You_Buy_JR on :
Posted by osnaped on :
quote:Originally posted by legaleagle: Doc, let me throw down the gauntlet here, you have bashed and bashed this stock for months. Now you consider it worthless. Show the newbies and negs just how certain you are of the value. Transfer your shares over to me. Or admit that this stock has a potential for value that you don't want to miss.
LMAO, You can't trade the stock and all the assets have been transferred out to another shell. UC is in debt.... what value.
You use to come here saying filings were coming... sooon. So what happened? Whats the excuse? The excuse is you don't know jack and you just spam everyboard related to CMKX with your nonsense. Fact is CMKX is now 0.00 pps.
Welcome to the real world.
Posted by osnaped on :
quote:Originally posted by will: legal, don't you have enough with what Urban gave you?
OUCH!
a billion times zero == zero
Posted by johnny14511 on :
the worst stock has the best popularity in replies
lol
Posted by will on :
"*** xxdiamondchildxx,wwjdthrume,noahltl,tramp... « Thread Started on Today at 9:52am »
-------------------------------------------------------------------------------- and gusjarvis,gluggo,jayadobe,abadgoodgirl,acca.
Please tell me now how all this is going to play out and how we are going to see a PPS in the higher penny range that so many of you talked about?
Please answer it straight from your heart so you can calm my racing one.
Please allow me to understand your overboard positive thinking and DD that you plastered the boards with.
Please show me where this is all going to end up and when.
Just please, please, please back up all you posted about CMKX with some direct fact so I know I can still trust in people that claim they know what they are talking about when it comes to CMKX, Urban, et al."
"pro32" ! Man! I never read that board before. There are a bunch of noah's over there, it looks like. LOL Man! That place must be fun.
Oh! Btw, noah, (legal), there isn't any sting operation, it was something you convinced yourself of in your denial stage, instead admitting poor judgement.
Go ease that poor fool's heart with more of your lies and promises that you pull out of Dr. D's and other's rear ends. She'll believe you, seems she has believed you and wwjdthrume, debbie, up to this point. Wonder how much money she pumped into this loser because you and those other second tier pumpers convinced her that it was safe and a "play of a lifetime". You and others call yourselves Christians after you knowingly destroyed people's savings and future like you have. You all should be ashamed of yourselves.
Posted by Ric on :
I think Dustoff will have a word or two about UC dividing up his tool shed, lol.
[ November 01, 2005, 01:03: Message edited by: Bob Frey ]
Posted by Ric on :
Posted by bill1352 on :
revoked, no money & now andy's gone????!!!! oh the humanity of it all. there will be carnage in the streets when that task force gets going.....................does that sound like an old tune around here? RG, Mahoo, stocklien, frizzy, even the last auditor got a "you better watch out now" vote from the cult. i'm thinking a new feather duster would have acheived the same results. a lot cheaper too. might have been an asset or 2 left to divide up.
Posted by legaleagle on :
Glad to see so many of you are now feeling welcome at 32. Not surprising since it became primarily a basher board. Bill, congratulations on becoming a member over there again. Debi gave a pretty good answer and I think it is worth reposting here since you all brought that question to the board:
Re: *** xxdiamondchildxx,wwjdthrume,noahltl,tramp. « Reply #27 on Today at 12:19am »
-------------------------------------------------------------------------------- CDLIC is right.
There was a strong sense of frustration and disappointment from Mr Frizzell and Mr Stoecklein following the hearing, as well as a sense that UC knew the day didn't go well. In no sense did I witness anything even hinting of jubilation or excitement at the day's events.
C-Dub
Today at 12:09am, CDLIC wrote: Yesterday at 2:05pm, gusjarvis wrote:Frizzell said AND other assets over and over and he went along with this deal. He did not have to. It is very easy to see there was benefits to revocation and we wanted to all along, I posted that the day after the hearing. The whole hearing was a complete joke suggesting we worked with the sec, and the quick revo says I was right. Watch the show it is just starting.
Gusjarvia,
Absolutely incorrect! I spent time with Stoecklein, Frizzell and Maheu before, during and after the hearing. They were 100% intent on convincing the SEC to NOT revoke. They were very, very disappointed when the Hearing ended on Tuesday early evening and express their disappointment because they knew they did not win. I was there, you were not. Enough said.
Logged
-------------------------------------------------------------------------------- Some things change. Some things don't.
wwjdthrume God of Diamonds
member is offline
In God We Trust. MM's Pay Cash!
Joined: Aug 2004 Gender: Female Posts: 1,372 Location: massachusetts Re: *** xxdiamondchildxx,wwjdthrume,noahltl,tramp. « Reply #28 on Today at 12:21am »
-------------------------------------------------------------------------------- Hi Callingyouout, I am very positive that this will work out well. I did a lot of DD on CMKX and I have logically looked at all the info and analized it including motives of positive posters and negative posters.
Last week CMKX asked to be revoked, said it was selling most of the claims in the Fort a la Corne area to Entourage mining in exchange for shares; and then said it would disburse those shares and ANY OTHER ASSETS to bona fide CMKX shareholders. I think this is excellent news even though the PR and 8-k may have looked otherwise. I will give some of my reasons below:
CMKX has had a humongous naked short position going back years and three trading symbols. There have been 4 rounds of dividends, one forward split and 2 symbol changes. Each of these changes or dividends tracked the Naked short and also trapped it. One of the dividends was Casavant International Mining which is a private company and shorty can not buy shares in that to cover.
I think at some point CMKX was working with the SEC to clean up the market and to resolve getting the short covered. In spite of that the SEC appears to have pulled a fast one on them last October the day before the USCA party and would not let them disclose their good news. We still have not heard it.
I think CMKX worked for resolution with the SEC over the last year when some of those with short positions settled up with the company. The short in the stock was proven in court and one document showed the Market Maker JEFF (Jeffries) short 111 Billion shares. That is just 1 MM. There are at least 25 entities that were short CMKX.
Money from the settlement was probably set aside in a trust for the shareholders and not mixed with the funds of the company. That is my opinion and I think we will see that is the case soon.
CMKX has walked a tightrope of trying to encourage the shareholders to hold their stock, while not giving any PR's that would encourage buying CMKX. There has been all kinds of bashing attacks and there have been some 'pumpers' equalizing that attack. The SEC threatening to revoke helped to keep buyers away. So did the low selling price and the non movement of price.
Those who attended court or followed the case closely realize that the case was more theatre than Securities trial. Neither side offered best offense or defense. Urban pled the 5th and Maheu offered up no knowledge of anything. He almost looked senile and if you saw him on 60 minutes around that time you realize he is anything but.
So CMKX asked to be revoked. IF the SEC had been working with us but had renegged on dates that CMKX could proceed with reporting, or issuing a cash dividend, -then this asking to be revoked was a show of force. It put CMXK in the drivers seat. This plan is fool proof. They filed to give away the proceeds of their business to their bona-fide shareholders. They can do that by giving out shares of Entourage which have most of our claims and as a Canadian company trading here it can receive the valuation of those claims; AND it can apply to trade on the Toronto exchange where there is zero naked shorting and no Market Makers. A sure short squeeze play IF they wanted one.
I don't think CMKX will give the brokerage firms the opportunity to give us electronic blips instead of stock again. I expect Entourage will recieve a buyout offer from a private company (maybe Casavant International Mining?) and would then disburse cash to it's bona fide shareholders. Cash cannot be naked shorted (counterfeited) or the guilty go to jail rapidly. The SEC should take a lesson from the treasury department. Of course the buyer could be a larger mining entity like Newmont or another. CMKX via it's various JV partners has relationships with most of the mining companies and they all would love our claims.
I think this latest move (seeking revocation) by CMKX brought any last stragglers who shorted to the table to settle with us. CMKX has many options available to them. They could file still even though revoked. AND IF they did I expect that would be AFTER valuation-that would bring your short squeeze for those that think we will have one. (I have prepared for any and all scenarios with certs, electronic shares held in multiple broekrage firms in case any broker went BK and insurance would limit a settlement). OR CMKX They could proceed with liquidating assets and disbursing them to us. This would give all bona fide shareholders $$$. Bona fide in this case means any with settled shares who are not holding certificates that are restricted - The original ones shorted against. CMKX would be rewarding it's long time shareholders via the CIM dividend which may restore the company to what it would have been without shorty's interference.
Current CMKX shareholders may get another round of CIM or warrants to purchase CIM pre IPO. There are also other mining assets to be disbursed.
Today we ended up revoked. That sounds awful to some and very agreeable to me. Now postive or negative you are in and will win. I am very glad to not be trading. I didn't want anyone selling cheaply and letting shorty cover cheap.
I think we will get a buyout/settlement in the .50 range (or better) at the end of this portion of the CMKX saga. The timeline is more in CMKX's control now. Once cash starts to be disbursed then any bona fide shares would be paid by the company, any shorted shares that shorty settled up on would be paid for out of the settlement fund and no one would be the wiser. Any Naked shorted shares where shorty hasn't settled would be left for shorty to pay. Not likely. This has been a game of chicken and I don't think anyone would stay naked when the exposure card is fool proof. The SEC has already revoked CMKX. They can't tell Entourage (a Canadian company) they can't sell the claims to a private company (like CIM) for a great price for their shareholders.
I tried to offer my best insights here now and always. They are my opinion only.
Some info I consider important is: The claims are in the best diamondiferous kimberlite zone ever found. The cost of recovering them is one of the most favorable because Fort a la Corne has paved roads that can be traveled year round. That helps. There is already housing, etc. in the area and the government is mining friendly.
Urban does love his shareholders. I know the lack of communication may not make it seem that way BUT if he pulls this off for you and makes you wealthy beyond your dreams you WILL get over it. I heard a person say today that Urban would take a bullet for his shareholders. In many ways he did. That old adage sticks and stones may break my bones but words will never hurt me isn't all that true. Words can hurt and many here and elsewhere will owe UC a huge apology when this is over. The worst offenders won't IMO since I doubt they even own stock in CMKX.
Well that is my opinion on how I see things. I don't hang out here as much as I used to. I stop by and scan the front page and read my PM's. I trade during the day and it is too difficult to try to keep up with CMKX boards during the market. IF the price was actually moving and the stock tradeable I would be on it in a heartbeat.
IMOO-God Bless and Best Wishes-We should have some information soon. -Debi
Posted by legaleagle on :
And noah also responded:
Re: *** xxdiamondchildxx,wwjdthrume,noahltl,tramp. « Reply #31 on Today at 3:07am »
-------------------------------------------------------------------------------- Debi-Excellent post. I would be interested in hearing any logic that could refute this overview.
George, do you have enough evidence or understanding to say that we would be best served if the company were to notify us now vs. a week or a month from now what their plan truly is. It seems to me that as complex as this has become there might be the matter of time that is required to accomplish their goal; at the moment we can’t see the picture because we don't have all the details. If indeed this proves to reward us greatly, wouldn't you want the company to keep quiet if that’s what is necessary at this time to accomplish the goal of releasing valuation, trading fairly and profiting share holders? Or maybe it is better to burden the board with pessimism, discontent and the “I've got to have it now attitude”. The question I ask those who are loosing their grip on positive thinking is....is it possible that the market that we’ve traded in, the early insiders that forced Urban to make decisions that were undesired, the SEC's lack of regulating Naked Short Selling and other entities that do not want CMKX to prevail, maybe conditioned CMKX to go to such extremes in order to succeed? Do you really feel that this is over or are you just upset that things haven't happened according to your timeline?
KWR
« Last Edit: Today at 3:24am by KWR » Logged
noahltl God of Diamonds
member is online
Joined: Aug 2004 Posts: 947 Re: *** xxdiamondchildxx,wwjdthrume,noahltl,tramp. « Reply #32 on Today at 7:10am »
-------------------------------------------------------------------------------- callingyouout, my reply to you would be about the same as Debi's. We have worked together at Christian Traders for over a year now and we primarily post there, if anyone wants to know our thoughts. http://forums.christiantraders.com/forumdisplay.php?fid=39
I used to post here frequently because this WAS the best board for DD, that I could carry back to CT for our membership. But that is gone now, so I rarely stop in. The great DD people like phxgold, ateyate and Columbo have all gone elsewhere. So I go where the DD is.
Others who contributed good DD, people like Gerogeburns and Pedro are now spending their time trying to defend their bashing and negativity and no longer have the drive and motivation that once served us all well. Their time is spent in driving down the company by attempting to alienate shareholders and it is a shame to have lost the kind of enthusiasm they used to have for bringing us facts and educated speculation.
So I am sorry that I did not respond to your question as quickly as I might have in the past. But those who once made this a great board have moved on and are posting elsewhere. That's where I want to be. Not necessarily where everything is sweetness and light, but where a positive attitude encourages the researchers to continue their efforts.
Posted by ed19363 on :
Lunatics....
Posted by Ric on :
Legal you should have posted this to along with the above.
Pedro2004 God of Diamonds Joined: Apr 2005 Posts: 1,514 Re: *** xxdiamondchildxx,wwjdthrume,noahltl,tramp. « Reply #33 on Today at 8:12am »
Others who contributed good DD, people like Gerogeburns and Pedro are now spending their time trying to defend their bashing and negativity and no longer have the drive and motivation that once served us all well. Their time is spent in driving down the company by attempting to alienate shareholders and it is a shame to have lost the kind of enthusiasm they used to have for bringing us facts and educated speculation.
Contrary to your beliefs in GeorgeBurns and I ~~ I can freely state that there was no decline in motivation ~~ there was an incline in motivation to tell the truth.
Such are the Laws of Supply and Demand.
The people like Jayadobe, Carquest and Andy only had one motive: To spread the lies and untruths in hopes that people would increase demand and buy more CMKX.
Same as for phxgold, ateyate and Columbo, spinning the facts and creating lies and false untruths ~~ hoping to influence demand by the future rewards of owning CMKX.
You, yourself, are guilty of spreading the "Sting Theory" in order to show that CMKX was a good investment and rewards would be forthwith.
All false rumors, lies and untruths in order to create false hopes and false assurances that peoples investments were safe ~~ Trust the Team!
I provided the documents that proved the Shareholders have been harmed by the people that you believe we should trust the most ~~ (Trust the Team)
I warned the unsuspecting (new) investor of the lies and untruths that you and the other pumpers have spread ~~ It was the only Christian thing to do.
And for you to write that GeorgeBurns and I tried to alienate shareholders by telling the truth ~~ I find your accusations very Unchristian!
Have a nice day
Posted by legaleagle on :
It's nice to be popular. LOL
Posted by ed19363 on :
Infamous is a better word...you really have no shame, do you legal.
Posted by legaleagle on :
Infamous works. Sort of the Jesse James of Allstocks. LOL
Posted by permanentjaun on :
Ric pm - Matt
Posted by Ric on :
www.casavantmining.com is no more. It links you directly to Entourage now.
Posted by Ric on :
pinksheets states cmkx is no more
"cmkx" security is not recognized.
Please try one of the options below:
Enter a symbol again to get quote and trade information:
Lookup a Symbol Visit a directory of Pink Sheets quoted securities Check Daily Security Changes
Posted by Ric on :
I don't think that I have ever seen a company symbol disappear so quickly.
Posted by HossTrader on :
This thread is killing me!!!
My new favorite board quote of all time....
In defense of the company and explaining a low pps: "The SEC threatening to revoke helped to keep buyers away. So did the low selling price and the non movement of price. "
Posted by Polarbear17 on :
How long before we our shares in ETGMF with the merger, looking for about a 1 to 1000 reverse merger. That UC sure is smart , screwing over the MM's with there NSS. Gee the govt cant even touch him now,GO URBIE ....
Posted by Ric on :
1 to 14,060 reverse there better redo your math. Or 76 restricted non tradable shares for every 1 million of CMKX shares that you did own before they became worthless yesterday.
Sure does look like UC is smart. He makes people like you think you are getting a good deal while he walks away with your money.
Posted by Upside on :
It's the equivalant of a 1 for 14,000 reverse split. Only difference is that when you go through a reverse, your new fewer shares are tradeable immediately. In this case they're going to be restricted for an unknown time frame. In effect, you'll get nothing.
Posted by legaleagle on :
Funny thing is you all keep dividing by 703 billion shares, the last know OS. Problem is, we don't what the OS is now.
Posted by bill1352 on :
wwjd doesn't have a christian bone in her body. either that or she is so dillusional she needs serious mental health professionals by her side till reality returns. to run her mouth about serious DD yet completely ignore facts, truth & the written word from the ppl she so desperately believes in can only be caused by a complete lack of morals or a very sick person & maybe both.
"we can see the future because we don't have the details", a .50 buyout. CIM to IPO, wanted to be revoked, SEC deals, trap shorty. she must have morgaged her marriage for cmkx, stole from her hubby's church or put church money into cmkx, something drastic to still believe that bullchit. for ppl like her i don't think there is any hope. a rubber room or suicide are strong possiblities.
Posted by bill1352 on :
legal, get real. even frizzy just stated as far as he knows thats still the o/s. no other number has even been mentioned. your yappin the same chit as before UC told you it was 703.5 billion & now you want to revert. has reality tryed to enter & the shock of the truth cause some sort of mental bereakdown?
Posted by Upside on :
Legal, I’ve held off on posting this for a long time but now I feel it needs to be said. What you are doing here is wrong, in fact, it's worse than wrong, it is reprehensible. Do you have any idea how many people you have influenced on this board and the umpteen others that you post on? Have you really thought about it? In your quest to become known as a CMKX guru how many people do you think you have hurt by convincing them to buy into this stock with your wild theories? How many elderly people are now faced with the horrible situation of bankruptcy in their retirement years because of your postings? How many young couples lost their whole nest egg because of your postings? On every board you visit, you have made sure you are known as a Christian and an ex – police investigator. How many invested because of the trust they put in that background? Your answer might be “not many”. Is “not many” acceptable to you? The fact that only a handful are now about to be homeless or dead broke is somehow acceptable?
The only “good” to come of this whole fiasco is that at last the damage has finally been stopped, or has it? Is Entourage your next cause? Being the DD sleuth that you are I’m sure you’ve turned up some not so flattering facts surrounding this company but I’ve yet to see you address them. How about the fact that Shatzko came on board in August of 04 and 5 months later the Casavants and associates are front loading through private placements? Or Mr. Shatzkos other companies that have all the earmarks of another CMKX? Or the fact that Entourage has had total revenues of 49 dollars in the last 5 years?
I can already sense and see the pumping of Entourage beginning and I’m sure you want to be at the forefront. I’d ask that you don’t do it. Or if you insist upon it, please post the whole picture, not just the sugar-coated version you want people to see. Too much harm can come to too many people by allowing this whole scene to play out again, please don’t encourage it.
Respectfully,
Eric
Posted by bill1352 on :
something to add...not sure if i read it here first a few days ago but shareholders aren't the only ppl UC screwed.
Shareholders have been living in a void of information. For the last few months we have been getting info, and it is all bad. The racing seemed the one area where everything was straightforward, no pun intended, I guess when it comes to Urban nothing is straightforward.
As Dave (at MM-60) discussed it appears that Urban's abilty to make payments on his obligations has also effected the Race Teams. I have been able to corroborate all of Daves allegations.
1. He defaulted for about 200k to the Dunn's team as well but they continued to race based on false promises from Ron and Urban. ( Confirmed, Ron Casavant will not be in the pits in Pomona)
2. He owes the ASA truck series about 3 million as he never paid them a dime for his sponsorship of the whole series.( Still seeking confirmation)
3. He still owed Lee Hatch a lot of money for this year and defaulted. ( Confirmed earlier this year after the article in the Daily Bulletin, reconfirmed that Urban still owes him.)
4. He never paid Connie Cohen any money this year and left them about 250k in debt . (Confirmed)
5. Ron and Urban are not picking up any of their phones since Saturday Oct. 22. (Confirmed)
6. Urban defaulted on his payment to Jeff Arend race team even though they had a contract together...he owed them about $650,000.00 that is why they stopped racing. (Confirmed)
Urban was able to bold face lie to these people to get them to contiunue to fly the CMKX colors. Their love of the sport and their belief in Urban caused them to lose a tremendous amount of Money. Seems everyone who is not family or Friends of Urban's loses money.
This weekend will be the final race of the season in NHRA. We already know that Jim Dunn refused to mention Urban name or the CMKX sponsorship in his pre race report. Jim Dunn has been around a very long time, he is well respected, and the racing comminuity is close, a Casavant in the pits may be an endangered species.
But where did it all start? We now know that CMKXtreme was initially funded by a 4 Million dollar transfer from CMKM Diamonds. From our understanding of events we know that Urban used CMKXtreme to fund/fail to fund;
- Jeff Arend in NHRA Nitro Funny Car. - Tony Bartone in NHRA Nitro Funny Car - Connie Cohen in Pro Stock Motorcycle - Lee Hatch and Kevin Fedderson in ASA Speed Truck - The Entire ASA Speed Truck Series - Billboards at "The Strip" at LasVegas Motor Speedway - Billboards at "The Super Speedway" during The Nascar event at Las Vegas Motor Speedway. - And Finally a very interesting investment in Crystalix, a laser engraving company.
We have discovered that CMKXtreme invested 2 Million and Urban invested 1 million from one of his irrevocable trusts. These investments had set schedules of return. They may have gone bad or were never intended to go good from the start. Here is a link to the Crystalix 8K
Why was Urban funneling money out of CMKXtreme. If he was able to do it in this situation were their others that we are not aware of? Did he line his own pockets with money from CMKXtreme?
Those were questions asked by Beckstead and Watts. There should be procedures in place within a company to prevent this type of money transfer from one body to another, especially when both are owned by the same person. Beckstead and Watss felt obligated to report these transactions to the company and the SEC. In thier opinion there was "possible improper personal use of corporate assets".
Excerpt:"In performing our audit procedures, we have become aware of information relating to possible illegal acts, including (without limitation) the following: We have received information relating to the possible improper personal use of corporate assets. Information we have uncovered indicates that Mr. Casavant may have caused CMKM to advance approximately $4 Million to the benefit of CMKXtreme, Inc. in the name of "promotion and advertising”. Based on the information provided to us, it caused us to question whether the use of the funds truly advanced the best interest of CMKM. Additionally, it appears that Mr. Casavant owns CMKXtreme, and that this may have been a related party transaction that may not have been presented to or approved by the Board of Directors of CMKM. We fully understand marketing issues raised by Mr. Stoecklein in his letter, but we are unaware how any such transactions benefited CMKM."
We are left with more questions.Was this 4 million the only amounts transfered to CMKXtreme?. Will we ever find out if there were other deals or other transfers? Will the promissory note from Crystalix, due on October 1, 2007, go to Urban, CMKXtreme or was it intended that this company will no longer exist then? What of the rig drivers, pit crew, and race drivers who have been left out in the cold by Urban, will they see any of that Crystalix money?
CMKXtreme may be broke, CMKM Diamonds Inc may be broke but I have a feeling that Urban is not. With the help of Roger Glenn, Urban has many Iirrevocable Trusts established and will be living the high life in Vegas for years to come.
Posted by bill1352 on :
well said Up....i'm starting to think legal is a paid pumper.
Posted by Ric on :
I thought Legal was the one that was singing Frizzy's praises and talking about how he had the up to date master shareholders list and nobo/obo list to prove NSS with. Now Frizzy says it correct as far as he knows then its an old list. Tisk tisk denial isn't a river in Egypt.
Posted by stockster5 on :
Jeez Bill, I've been saying Legal's a pro pumper for months. Also, how come nobody said anything about friz fighting for the shareholders then all of a sudden is an associate of cmkm/entourage.?? Entourage IS legal's next gig, as well as the UC gang. So someone might as well start a entourage thread now. The truly sad part about this saga is every other penny company seems to be operating like cmkx and playing pennies is getting very depressing now. What with r/s's up the ass from every company and their brother sub companies. Chit.
S5
Posted by Ric on :
Stockster, that is why we need to stop playing into their hands. Better informed investors don't get ripped off as much. We need to start kicking these people in the azz that are pumping these pos and start trading pennies like the MMs not buying them and holding playing into those that want us there. I love it when these pumpers start yelling bashers just want you to sell and are working for the MM's. Thats full of crap. MM's want you to hold on so the float is gone and they can manipulate what's left. If everyone sold on a run the MM's would chit. They love the bagholders along with the daytraders. But the true bad guys in the pennies market is the pumpers that convince you to hold while blaming everyone else.
Posted by ed19363 on :
quote:Originally posted by legaleagle: Funny thing is you all keep dividing by 703 billion shares, the last know OS. Problem is, we don't what the OS is now.
Divide by zero then. There is no OS. CMKX is dead. And as we all know, any number divided by zero equals zero.
Posted by legaleagle on :
Upside, there is much to address in your post, but I will attempt to, as best as I can.
First, let's get the "Christian" thing addressed and out of the way. You, more than anyone here, should know whether I attempt to practice my Christian principles. If my Christianity is "out there" on my sleeve, it is because of my position at Christian Traders. If my "faith" is brought up on any of the boards that I visit it is because of that connection, not because I attempt to legitimize my position by my belief in God.
If my faith has any connection to my postings, it is because I believe that my Creator involves himself in all human activities, just as a "parent" would influence and help their children in every endeavor, including investments. That said, let's move on to the Police thing.
Yes, I had many years of my life invested in serving the public as a police officer and investigator. It wasn't something I had to do in order to earn an income. My education was better suited for business than rolling around in a gutter with a crazed psychopath or dodging bullets in the midst of an aborted armed robbery. I did it because I cared about creating an environment where the average citizen didn't have to live in fear.
As far as revealing, on any boards, the fact that I spent time doing this, was relevant to the post that I was making. My experiences as a police officer and investigator are something that I possess, that are worth sharing. If this were a discussion board about types or conditions of medical problems, it would be relevant to know if the poster were a doctor, nurse or EMT.
As far as the "umpteen" boards go, I post here, at CT, and at 32 and 49. Only recently did I start at 49 as 32 was overrun with bashers who have their own agenda. My motivation at being on any of those boards was the collection of DD for my job at CT. That is where my dedication is, because that is where I have a commitment. If I posted on those boards, even here, it was as pay back for the information that I received from them.
As far as CMKX goes, yes I am a believer in the company. I have never stated that it is anything more than a long shot. That is the nature of a pink sheet company, and a wildcat exploration operation. But as I have investigated the nature and background of this company, I have seen something more is at hand with this company. Some of the things that I have discovered were revealed to me in confidence, and I will continue to respect the confidential nature of those revelations. Other things and opinions are based on my experiences in dealing with organized criminal activity. And some are based on my knowledge of how the criminal justice sysytem works in undoing criminal enterprise.
All of that still leads me to believe that CMKX is in the forefront of investigations designed to undo the detestable practice of naked shorting. That this company has painted a picture of a stumbling, bumbling, classical scam, in order to trap the "shorties" who have traditionally salivated at the sight of a company with a large AS/OS, and all of the appearances of a scam operation. And I believe that they have the "goods" up there.
There is no reason to repeat all of the information that I have brought here, that I was able to repeat. I have made my statements,I will live with them, and stand behind them.
I know you well enough to believe that you really do have a concern for people who have invested their money in this stock. I do as well. I do not know that this stock is a "sure thing" and I haven't presented it as that. It is, imo, an opportunity for some of those people that you mentioned to have a better life. If they invested large amounts in this company that they couldn't afford to lose, and do actually lose it, then I would be as sympathetic for them as you are.
I am not far from them either, as I live on a fixed disability pension. That is why I didn't invest more than I could afford to lose. But what I share with them, is hope. Hope for a better life. Not to the point of deluding myself, however. But that hope is still alive and well, for me and for them.
You ask if I feel badly about "midleading" those people. I didn't mislead, I countered those here who would deny them that hope.
Upside, you are a good man and I value your opinion. But have you considered how many of those people you care about, would have lost the opportunity for a better life if this thing plays differently than you believe it will?
We haven't seen the final chapters of this story yet. We have only seen what was intended for us to see as this very complicated operation plays out.
What part will Entourage play? I have no idea. But this I know: It was planned as a player at least as early as January of this year. Long before any SEC charges were placed. So for that reason I believe it is a proactive move, and not a reactive move. It's role is yet to be defined for us, but it is known to people like IBM and Glenn, the people who designed this play, those who have the most to lose by being affiliated with a "scam".
So while you have attacked me personally and publicly, I have no animosity for you. I believe that you are sincere in your negative attitude about the company, and therefore about me by extension. But know this, I am just as sincere about my opinions on CMKX and it's future. If I am wrong, I will apologize for not having the skills to recognize a true scam. But I will not apologize for "misleading" anyone based on what I know or perceive to be the truth behind all of this.
OK, go ahead and tear me, and this post, apart. That's the great thing about these boards. Freedom of speech and thought, balance and counter-balance.
As always, in my opinion.
Posted by legaleagle on :
quote:Originally posted by Ric: I thought Legal was the one that was singing Frizzy's praises and talking about how he had the up to date master shareholders list and nobo/obo list to prove NSS with. Now Frizzy says it correct as far as he knows then its an old list. Tisk tisk denial isn't a river in Egypt.
Ric, Friz had an up to date list many months ago, but as I have stated, it is not up to date any longer.
However, Friz does have one very valuable thing. He has more accumulated information on CMKX than anyone else in this stock, outside of the company itself. And with that information at hand, he has chosen to ally himself with the company.
Posted by ed19363 on :
OK, go ahead and tear me, and this post, apart. That's the great thing about these boards. Freedom of speech and thought, balance and counter-balance.
Except for the ones that ban you for voicing your opinion, if it happens to be different from the owners of the board....right !!!
Posted by ed19363 on :
Oh, and ETGMF is up .03 this morning. Let's see, how did that go? Oh, yeah, TO DAS MOONIUM !!!!
Posted by santacruzblur on :
quote:Originally posted by legaleagle: Upside, there is much to address in your post, but I will attempt to, as best as I can.
First, let's get the "Christian" thing addressed and out of the way. You, more than anyone here, should know whether I attempt to practice my Christian principles. If my Christianity is "out there" on my sleeve, it is because of my position at Christian Traders. If my "faith" is brought up on any of the boards that I visit it is because of that connection, not because I attempt to legitimize my position by my belief in God.
If my faith has any connection to my postings, it is because I believe that my Creator involves himself in all human activities, just as a "parent" would influence and help their children in every endeavor, including investments. That said, let's move on to the Police thing.
Yes, I had many years of my life invested in serving the public as a police officer and investigator. It wasn't something I had to do in order to earn an income. My education was better suited for business than rolling around in a gutter with a crazed psychopath or dodging bullets in the midst of an aborted armed robbery. I did it because I cared about creating an environment where the average citizen didn't have to live in fear.
As far as revealing, on any boards, the fact that I spent time doing this, was relevant to the post that I was making. My experiences as a police officer and investigator are something that I possess, that are worth sharing. If this were a discussion board about types or conditions of medical problems, it would be relevant to know if the poster were a doctor, nurse or EMT.
As far as the "umpteen" boards go, I post here, at CT, and at 32 and 49. Only recently did I start at 49 as 32 was overrun with bashers who have their own agenda. My motivation at being on any of those boards was the collection of DD for my job at CT. That is where my dedication is, because that is where I have a commitment. If I posted on those boards, even here, it was as pay back for the information that I received from them.
As far as CMKX goes, yes I am a believer in the company. I have never stated that it is anything more than a long shot. That is the nature of a pink sheet company, and a wildcat exploration operation. But as I have investigated the nature and background of this company, I have seen something more is at hand with this company. Some of the things that I have discovered were revealed to me in confidence, and I will continue to respect the confidential nature of those revelations. Other things and opinions are based on my experiences in dealing with organized criminal activity. And some are based on my knowledge of how the criminal justice sysytem works in undoing criminal enterprise.
All of that still leads me to believe that CMKX is in the forefront of investigations designed to undo the detestable practice of naked shorting. That this company has painted a picture of a stumbling, bumbling, classical scam, in order to trap the "shorties" who have traditionally salivated at the sight of a company with a large AS/OS, and all of the appearances of a scam operation. And I believe that they have the "goods" up there.
There is no reason to repeat all of the information that I have brought here, that I was able to repeat. I have made my statements,I will live with them, and stand behind them.
I know you well enough to believe that you really do have a concern for people who have invested their money in this stock. I do as well. I do not know that this stock is a "sure thing" and I haven't presented it as that. It is, imo, an opportunity for some of those people that you mentioned to have a better life. If they invested large amounts in this company that they couldn't afford to lose, and do actually lose it, then I would be as sympathetic for them as you are.
I am not far from them either, as I live on a fixed disability pension. That is why I didn't invest more than I could afford to lose. But what I share with them, is hope. Hope for a better life. Not to the point of deluding myself, however. But that hope is still alive and well, for me and for them.
You ask if I feel badly about "midleading" those people. I didn't mislead, I countered those here who would deny them that hope.
Upside, you are a good man and I value your opinion. But have you considered how many of those people you care about, would have lost the opportunity for a better life if this thing plays differently than you believe it will?
We haven't seen the final chapters of this story yet. We have only seen what was intended for us to see as this very complicated operation plays out.
What part will Entourage play? I have no idea. But this I know: It was planned as a player at least as early as January of this year. Long before any SEC charges were placed. So for that reason I believe it is a proactive move, and not a reactive move. It's role is yet to be defined for us, but it is known to people like IBM and Glenn, the people who designed this play, those who have the most to lose by being affiliated with a "scam".
So while you have attacked me personally and publicly, I have no animosity for you. I believe that you are sincere in your negative attitude about the company, and therefore about me by extension. But know this, I am just as sincere about my opinions on CMKX and it's future. If I am wrong, I will apologize for not having the skills to recognize a true scam. But I will not apologize for "misleading" anyone based on what I know or perceive to be the truth behind all of this.
OK, go ahead and tear me, and this post, apart. That's the great thing about these boards. Freedom of speech and thought, balance and counter-balance.
As always, in my opinion.
Anybody have a tissue? Nice work legal!!! That was a real tear jerker!
What confuses me is why you say you didn't have to work as a police officer to earn an income.... so how did you get your money?
I think your whole persona is a lie..... you look/seem more like a made up character than a real person.
I don't really buy any of it.
Posted by ACKCANE on :
" How many elderly people are now faced with the horrible situation of bankruptcy in their retirement years because of your postings? How many young couples lost their whole nest egg because of your postings? On every board you visit, you have made sure you are known as a Christian and an ex – police investigator. How many invested because of the trust they put in that background? Your answer might be “not many”. Is “not many” acceptable to you? The fact that only a handful are now about to be homeless or dead broke is somehow acceptable? "
If these people don't know the risks involved in a penny stock then chalk it it up to a life lesson learned. If anyone here was influenced to buy a stock because some guy on the internet said to, then maybe that gene pool should be thinned a little. If you are one of those people, let me know as I have some great products to sell you that I know you will love!!!
What does this guy being a Christian or an ex-police investigator have to do with anything??? Even if you believed him? Why would anyone believe anything they read on a message board unless it was actually backed up with facts. I see so many people post how they just spoke to the CEO and the CEO said this and that . . . Pure BS!!! It isn't true until it is PR'ed and there isn't a single CEO that is going to release news TO A MESSAGE BOARD!!!!!!! Leagle, to me, is just another character in this whole soap opera that was CMKX . . . Fictional fun . . . If some of you want to change the channel to the new program ETGMF then I'm sure you will get what you pay for.
Posted by bill1352 on :
legal, your mistaken about entourage. UC was contacted by the SEC concerning that form 15 early in december 2004. as the facts proved he knew he had more then 300 shareholders, he gave 698 ppl shares plus 29 companies & all were cert form thus not counted as 1. once the SEC contacted him he knew it was over. he knew he couldn't file the needed reports because there were no books or records thus buying into entourage in late dec & early january was planned & yes i'm sure he knew thats where the claims would end up but not for shareholder value, for UC & family's bankbook.
Posted by ed19363 on :
Latest rumor....Legal is not a real person. a comic strip character, maybe. The wolf in Three Little Pigs? Eating up grannies? Or the Tin Man from OZ? The one with no brain? His last post brought a tear to my eye, then I realized who was posting and came back to reality. At least one of us should be in reality. The fact remains that CMKX is worthless now. UC has lined his pockets and appears ready to do it again with ETGMF. I know what that MF stands for, but I wonder about the ETG part. Pump it up big, legal. Maybe UC will send you a few shares to get you started. All IMO, of course.....ROFLROFLROFLROFL
Posted by justplayin on :
If the SEC was determined to shut down the scam, why are they not charging him with fraud?
If he did wrong, could the SEC at least set up a meeting with the shareholders and UC in a dark alley?
If all the allegations are true, when is the trial? This is nothing more than fraud.
Posted by ed19363 on :
playin, we've been asking that question for quite a while. Maybe the SEC doesnt want to give him another heart attack. And while they're at it, maybe they can include some of the pumpers in the fraud trial too?
Posted by justplayin on :
He won't have time for a heart attack if we meet him in a dark alley Posted by Ric on :
quote:Originally posted by bill1352: legal, your mistaken about entourage. UC was contacted by the SEC concerning that form 15 early in december 2004. as the facts proved he knew he had more then 300 shareholders, he gave 698 ppl shares plus 29 companies & all were cert form thus not counted as 1. once the SEC contacted him he knew it was over. he knew he couldn't file the needed reports because there were no books or records thus buying into entourage in late dec & early january was planned & yes i'm sure he knew thats where the claims would end up but not for shareholder value, for UC & family's bankbook.
Exactly. Legal the cult can't use this. It won't work because people aren't that stupid, outside the cult, to buy the fact UC didn't know that CMKX was cooked when the SEC first contacted them in early Dec.
My guess is that RG told UC that there was no way that we can file and that UC need some cover but he, RG, couldn't do it since he knew so much. He told UC to get a new securities lawyer and someone above reproach as a company front. Remember Maheu said he was told nothing about the company by UC. He the Judge thought that was funny and asked don't you think you are being used for your name.
UC knew after the SEC contacting him and the gig was up so to keep his family and friends happy he set up a new scam for them to profit off of when CMKX ended. But the first thing UC had to do was make everything look like he wasn't a crook so 50K shareholders didn't sue him for the money he stole off them. Of course he thinks its his now.
Posted by Polarbear17 on :
The sec cant charge him with fruad,Cuase if UC was smart he'd just leave the counrty and disappear , hiding all the money he scamed in some offshore acct.Second American authorities like the SEc have no legal claims against a canadain citizen , Thats why theres a border you know, works both ways too.
Posted by legaleagle on :
Noticed some posts/pages have disappeared on this thread. Could this be why?
By ALEX DOMINGUEZ Associated Press Writer
ANNAPOLIS, Md.
The publisher of a financial newsletter told Maryland's second highest court Wednesday that he should not be forced to disclose his subscriber list and other information sought by an Arizona company seeking those it says made defamatory online comments.
The publisher, Timothy M. Mulligan, told the judges "almost everything we publish could potentially be subpoenaed," putting him in the position of constantly appearing for depositions if his request to quash a subpoena by the Arizona drug company, Matrixx Initiatives, is denied.
The judges, however, appeared to side with Matrixx, repeatedly asking why Mulligan should not appear for the deposition and invoke his right not to reveal his subscribers and sources under Maryland's so-called "Shield Law," which protects the rights of the press.
"My sense is it didn't go well," Mulligan said after the hearing.
"It's not clear yet, but it will probably be in litigation for years because I have no intention of giving up my sources or subscribers."
After the hearing, Matrixx attorney David Tobin said "no one has the right to make defamatory comments. That is not protected speech."
Internet postings have become the subject of a number of court battles, especially in cases where they have affected the stock prices of companies. Free speech advocates have also become involved and the issue has even entered the political arena in Maryland.
Joseph F. Steffen Jr., a former aide to Republican Gov. Robert L. Ehrlich Jr., resigned last winter after it was revealed that he had posted rumors about Baltimore Mayor Martin O'Malley's personal life on Internet chat sites. O'Malley is seeking the Democratic nomination for governor and would face Ehrlich in the general election if he wins.
Tobin told the court it was unclear whether Mulligan could invoke the shield law.
"That's the white elephant in the room," the Matrixx attorney told the judges.
Mulligan said appearing constantly for depositions could hamper his ability to make a living, especially since his newsletter reports on questionable accounting practices by companies. The judges later asked Tobin how many depositions Mulligan would have to sit through.
"Hopefully, one," Tobin responded.
In response to the first subpoena by Matrixx, Mulligan two years ago turned over nearly 400 pages of documents, which he said was mainly source material for his report. He has refused to comply with a second subpoena seeking, among other things, his subscriber list and any contacts with an anonymous poster to Internet messages boards known as "TheTruthseeker."
However, Montgomery County Circuit Judge Eric M. Johnson denied Mulligan's request to quash the second subpoena and Mulligan appealed to the Court of Special Appeals.
Matrixx claims the postings are part of a scheme to drive down the company's stock, benefiting traders who sell short, or borrow shares and repay them at a later time, hopefully when the price has dropped.
The company filed a defamation lawsuit in Arizona in 2002, naming two dozen John and Jane Does as defendants. Matrixx has also been battling lawsuits claiming its Zicam Cold Remedy nasal gel causes permanent loss of smell and taste.
Mulligan has said he doesn't know the anonymous posters and doesn't think he should answer further questions. He is fighting the subpoena with the help of the American Civil Liberties Union, the Electronic Privacy Information Center, Public Citizen and other advocacy groups
Tobin, however, said the issue was merely one of discovery, the legal method of obtaining the facts in a dispute and not a precedent-setting First Amendment case.
The company "simply wants to know what Mr. Mulligan might know" about the online postings, Tobin said.
Posted by Otttoman on :
Listen. Can you hear it? The sound of hundreds of fat, sticky fingers on keyboards trying to delete their previous posts on the CMKX threads. Too late boys. It's all been recorded and someone may be calling on you soon to answer for your slanderous comments. Maybe you'll be lucky and get UC as a cell mate so you can show him how tough you are in person, and not hiding behind a keyboard in you mother's basement. Ex-prison guard against gheezer basher. Should be fun. Have a nice night.
Posted by legaleagle on :
Hey, that's kinda my lead-in Otto. LOL
Posted by Ric on :
I honestly believe that these ones that pump these to unexpecting shareholders need to watch out. They maybe in seriour trouble after all is said and done about the stuff they said. And Jay and Acca deserve to be there at the top of the list.
But as far as your comments which is just as slanderous to people on this board, You can't sue someone and take the fifth at the same time. You would need to come clean on where all that money went if you went after someone elses. roflmao
Posted by Ric on :
And guess what, the accountant had no trouble saying that illegal activities where going on at CMKX and UC.
And we already heard from a Judge that by UC taking the 5h that the worst could be inferred.
Then too the company lied about the O/S several times. They lied about almost completing filings over and over last year. Come on the facts are clear. This isn't made up stuff and so isn't slander. duh
Just because you refuse to ee the facts doesn't mean the rest of us aren't telling the truth. The only lies that I see are the .67 settlements being spinned by the cult and the stings and unproven NSS. Better watch out pumpers.
[ November 02, 2005, 20:52: Message edited by: Ric ]
Posted by stockster5 on :
About the sec powers... I don't believe they have final criminal judicial authority. I think the SEC can process certain proceedings then have to hand it all over to another government branch. I remember reading something like that in the SEC site. And ACKCANE.. you had me going till this remark..: "I see so many people post how they just spoke to the CEO and the CEO said this and that . . . Pure BS!!! It isn't true until it is PR'ed and there isn't a single CEO that is going to release news TO A MESSAGE BOARD" ...WHAT the hell made you think PR's are TRUE !?? You haven't been in the penny game too long, huh.
UC isn't going anywhere. He's investing the share handouts to himself from the entourage deal. Now, let me help people out here.... go to the very beginning of the cmkx and sggm threads on any board. Take note of the PR's and filings, you will notice extremely familiar pr's and letters. Now go to the end of thread 'cmkx all is lost, lights out' and you will now know exactly the scam UC will run on you with entourage....... your welcome... oh and yes, you should see Legal with the new play. He's a pump puppy for UC. And, ah, Legal, yes, this may be an attack on your board persona's, and you know what??? I don't give a rat's ass. S5
Posted by johnny14511 on :
how much money did they take from you guys here
Posted by Upside on :
quote:Originally posted by legaleagle: Upside, there is much to address in your post, but I will attempt to, as best as I can.
First, let's get the "Christian" thing addressed and out of the way. You, more than anyone here, should know whether I attempt to practice my Christian principles. If my Christianity is "out there" on my sleeve, it is because of my position at Christian Traders. If my "faith" is brought up on any of the boards that I visit it is because of that connection, not because I attempt to legitimize my position by my belief in God.
If my faith has any connection to my postings, it is because I believe that my Creator involves himself in all human activities, just as a "parent" would influence and help their children in every endeavor, including investments. That said, let's move on to the Police thing.
Yes, I had many years of my life invested in serving the public as a police officer and investigator. It wasn't something I had to do in order to earn an income. My education was better suited for business than rolling around in a gutter with a crazed psychopath or dodging bullets in the midst of an aborted armed robbery. I did it because I cared about creating an environment where the average citizen didn't have to live in fear.
As far as revealing, on any boards, the fact that I spent time doing this, was relevant to the post that I was making. My experiences as a police officer and investigator are something that I possess, that are worth sharing. If this were a discussion board about types or conditions of medical problems, it would be relevant to know if the poster were a doctor, nurse or EMT.
As far as the "umpteen" boards go, I post here, at CT, and at 32 and 49. Only recently did I start at 49 as 32 was overrun with bashers who have their own agenda. My motivation at being on any of those boards was the collection of DD for my job at CT. That is where my dedication is, because that is where I have a commitment. If I posted on those boards, even here, it was as pay back for the information that I received from them.
As far as CMKX goes, yes I am a believer in the company. I have never stated that it is anything more than a long shot. That is the nature of a pink sheet company, and a wildcat exploration operation. But as I have investigated the nature and background of this company, I have seen something more is at hand with this company. Some of the things that I have discovered were revealed to me in confidence, and I will continue to respect the confidential nature of those revelations. Other things and opinions are based on my experiences in dealing with organized criminal activity. And some are based on my knowledge of how the criminal justice sysytem works in undoing criminal enterprise.
All of that still leads me to believe that CMKX is in the forefront of investigations designed to undo the detestable practice of naked shorting. That this company has painted a picture of a stumbling, bumbling, classical scam, in order to trap the "shorties" who have traditionally salivated at the sight of a company with a large AS/OS, and all of the appearances of a scam operation. And I believe that they have the "goods" up there.
There is no reason to repeat all of the information that I have brought here, that I was able to repeat. I have made my statements,I will live with them, and stand behind them.
I know you well enough to believe that you really do have a concern for people who have invested their money in this stock. I do as well. I do not know that this stock is a "sure thing" and I haven't presented it as that. It is, imo, an opportunity for some of those people that you mentioned to have a better life. If they invested large amounts in this company that they couldn't afford to lose, and do actually lose it, then I would be as sympathetic for them as you are.
I am not far from them either, as I live on a fixed disability pension. That is why I didn't invest more than I could afford to lose. But what I share with them, is hope. Hope for a better life. Not to the point of deluding myself, however. But that hope is still alive and well, for me and for them.
You ask if I feel badly about "midleading" those people. I didn't mislead, I countered those here who would deny them that hope.
Upside, you are a good man and I value your opinion. But have you considered how many of those people you care about, would have lost the opportunity for a better life if this thing plays differently than you believe it will?
We haven't seen the final chapters of this story yet. We have only seen what was intended for us to see as this very complicated operation plays out.
What part will Entourage play? I have no idea. But this I know: It was planned as a player at least as early as January of this year. Long before any SEC charges were placed. So for that reason I believe it is a proactive move, and not a reactive move. It's role is yet to be defined for us, but it is known to people like IBM and Glenn, the people who designed this play, those who have the most to lose by being affiliated with a "scam".
So while you have attacked me personally and publicly, I have no animosity for you. I believe that you are sincere in your negative attitude about the company, and therefore about me by extension. But know this, I am just as sincere about my opinions on CMKX and it's future. If I am wrong, I will apologize for not having the skills to recognize a true scam. But I will not apologize for "misleading" anyone based on what I know or perceive to be the truth behind all of this.
OK, go ahead and tear me, and this post, apart. That's the great thing about these boards. Freedom of speech and thought, balance and counter-balance.
As always, in my opinion.
My post was not meant as an "attack" and I've no desire to "tear you apart", that's not my intent. I was pointing out disturbing trends that I've noticed over the last few months. Also, I never called into question your Christianity or your law enforcement background, I have no reason to, I believe you. I also never used the term "misleading", that wasn't my point.
My point was that you seem to want to be known as an internet CMKX DD sleuth ala Dr. D, Zen, etc. In the process of accomplishing it, your background and beliefs seem to slip into your posts. I also recently noticed that when some research came out from a guy named Columbo, you were quick to mention that you had worked with him. Is that true or was it just to build your reputation?
I read the post by ACKCANE here today saying that anyone who would buy based on some guys chat board recommendation is an idiot. Well, the harsh reality is that a lot of "idiots" did just that with this stock and when they see a Christian law enforcement officer recommending it on a sting theory or contacts in the drilling area, that's enough to convince them it's for real. And now it appears it's about to start anew with Entourage.
Posted by legaleagle on :
Upside, I think it was clear that you were suggesting that I use my Christianity as a ploy to gain trust, you still are.
If I am known as a DD "sleuth", it is because I have spent a lot of time researching this company and reporting on it, not because I want to be known as that. There are many who have found far more than me, and one of them is Columbo. Understand that Columbo is a group and an individual. The individual just does the accumulation of info, and the reporting for the group effort. And yes, I still work on a daily basis with that group.
As far as Entourage goes, we will have to see. It has it's preplanned job to do, but I don't think it is the final vehicle. Watch for mergers.
Posted by santacruzblur on :
quote:Originally posted by legaleagle: Upside, I think it was clear that you were suggesting that I use my Christianity as a ploy to gain trust, you still are.
If I am known as a DD "sleuth", it is because I have spent a lot of time researching this company and reporting on it, not because I want to be known as that. There are many who have found far more than me, and one of them is Columbo. Understand that Columbo is a group and an individual. The individual just does the accumulation of info, and the reporting for the group effort. And yes, I still work on a daily basis with that group.
As far as Entourage goes, we will have to see. It has it's preplanned job to do, but I don't think it is the final vehicle. Watch for mergers.
Legal,
In most circles I would say your known as an idiot and not a sleuth.
I'd also like to recommend a name for this columbo group of yours.... how about Legal's Mental Midgets.....
Posted by santacruzblur on :
quote:Originally posted by legaleagle: Upside, I think it was clear that you were suggesting that I use my Christianity as a ploy to gain trust, you still are.
If I am known as a DD "sleuth", it is because I have spent a lot of time researching this company and reporting on it, not because I want to be known as that. There are many who have found far more than me, and one of them is Columbo. Understand that Columbo is a group and an individual. The individual just does the accumulation of info, and the reporting for the group effort. And yes, I still work on a daily basis with that group.
As far as Entourage goes, we will have to see. It has it's preplanned job to do, but I don't think it is the final vehicle. Watch for mergers.
Legal, I believe you use your Christianity as a ploy to gain trust....
Posted by legaleagle on :
santa, I believe you use your "bluff and bluster" to gain acceptance with the Merry Men. Personal attacks are not DD.
And I don't doubt that, considering the circles you must run in.
Posted by legaleagle on :
Dave Patch: SGGM and the SEC
STOCKGATE TODAY An online newspaper reporting the issues of Securities Fraud
More Evidence of Stock Counterfeiting has surfaced – November 1, 2005
David Patch
So the Securities and Exchange Commission is out to protect Investors. Counterfeiting does not take place in our Markets. The liability of unsettled trades is a burden to the Institutions. Boy does this sound refreshing. But are the statements really true?
On October 28, 2005 an Administrative Judge at the Securities and Exchange Commission ruled that St. George Metals was in violation of Exchange Act Rules 13a-1 and 13a-13 by failing to file annual reports on Form 10-K or 10KSB over the past few years. The result of this ruling was that St. George Metals (SGGM) would have their registration revoked effective immediately making them no longer tradable as a public entity.
For the past year plus the SEC has initiated a concerted effort to revoke registrations of such violators after multiple years of hiatus from the process. While I cannot refute the rationalization behind the efforts of the SEC I wonder about the timeliness of this stepped up effort.
St. George Metals’ shareholders have contended that their stock has been artificially depressed due to the process of naked shorting abuses. To this day, it is unclear as to whether their allegations were substantiated or used as an excuse. But what we do know is that St. George Metals appears on the naked shorting scarlet letter list. The ‘scarlet letter list’ being the Regulation SHO threshold security list published daily by the major markets. In fact St. George Metals has been listed for 47 consecutive trade days, better than 2 Calendar months, as presented by the NASDAQ.
To understand what the threshold security list is would be complicated. The simple explanation is that a number greater than 10,000 shares and greater than 0.5% of the total shares issued and outstanding are presently booked as a settlement failure in the system. In layman’s terms, a minimum quantity of shares were sold by a seller but never delivered to a buyer of said securities.
By the order of the Administration, St. George Metals can no longer trade publicly therefore no future trading to settle out fails in the system can take place. So what about these excessive fails that has held St. George Metals on the threshold list?
Let’s start with investor protection.
To date the SEC has claimed that the unsettled trades that exist in the marketplace are not injurious to investors. Any investor can sell their stock even if their particular broker-dealer never settled the trade. Don’t unsettled trades create an excess of shareholders? If every legitimate share is owned by an investor, and somebody sells something that doesn’t exist, did we not just create additional victims?
To use fictitious numbers to prove a point, let’s assume SGGM had 100 Million shares outstanding and the very minimum 0.5% shares went unsettled; 500,000 shares. Investors have paid for these excessive 500,000 shares yet; they do not own any real stock in the company as the trade never settled. The trade can’t settle because those additional 500,000 shares are not registered shares issued by the company. Without settlement, you have no rights associated with ownership.
At a bare minimum, the number of shares in circulation as represented would be 100.5 Million or more than the rightful number of owners of this now private [non-public] company.
The financial liability for these excess shares has been touted by the SEC, and specifically the Division of Market Regulation, as a liability carried by the executing broker-dealers who entered the trade without settlement. Any costs required to close out the transaction, if a premium had to be paid, would be done at the expense of the broker-dealer. But that liability has never become a forced burden by the regulatory bodies. The SEC and sub-tier SRO’s have never forced the industry to pony up and settle out their liabilities; regardless of a law that requires them to do so.
Under the example stated above, real investors purchased those additional 500,000 shares. They did so with capital they worked to acquire through hard work. If the stocks were purchased at $1.00/share that would be $500,000 worth of hard earned capital spent by individual investors to purchase rights in a company. If the Investors paid out $500,000 for stock ownership, and stock ownership was never delivered, who then received the money? When a stock never settles, somebody gets to take claim for the transfer of funds associated with that $500,000 for 500,000 shares. The money left the accounts and had to go somewhere.
Fact is the $500,000 is distributed to the short seller which may or may not be the Institution itself. When the stock stops trading, no individual shareholder knows specifically whether they own the 100 Million real shares or the 500,000 fake ones not yet settled. The presumption is everybody loses. Those that received the money from the sale of unregistered securities walk away from all financial obligations and liabilities. Novels gig if you can get it.
This thus brings up the last question. What constitutes counterfeit?
To counterfeit a stock, the seller must have intent on passing something off as authentic to deceive.
At present the securities regulators have parsed meanings based on eventual settlement. The initial sale was done with intent to deceive but instead of a counterfeit share, an extended and unidentified IOU is provided therefore the stock sale was not counterfeit. With the IOU the SEC claims it is not counterfeit, it is a loan.
However, in the case of St. George Metals and other similar companies, the sale of a counterfeit security was in fact executed since the IOU can not be closed out. With the SEC pulling the registration of the security, thus restricting any future trading of the stock in the open market, the seller can never acquire the ultimate legitimized share to make good on delivery. The initial unsettled trade became a ruse. A high stakes pyramid scheme using counterfeit shares to deceive investors into buying what otherwise does not exist. A scheme orchestrated by Wall Street and supervised by Federal regulators. The unsettled trade became the sale of a counterfeit security.
Before people dismiss this argument because St. George Metals violated Securities Laws by not filing as required remember, two wrongs do not make a right. The SEC has no right to selectively decide who they will protect and who they won’t. Shareholders of St. George Metals had a right by law to receive what they purchased with real capital. By not forcing those who executed trades without intent on settlement violated several other securities laws and thus used this means to injure all shareholders of St. George Metals. For all we know it was the sale of excessive counterfeit shares that injured the business model SGGM had to achieve success.
Those questions will never be answered as the SEC refuses to aid corporations in understanding who their rightful shareholders are and how their stock trades in the open market. Those are secrets the SEC and industry institutions keep near and dear to their collective dark souls.
So how does the SEC explain away the counterfeit shares they themselves have proved existed? They won’t. The Commission is riddled in conflicted opinions and ignorance. Many within the Commission would willingly destroy every small investor and company so long as the Wall Street machine grows and prospers to finance our Nations wealthiest. Along with this destruction of the small investor and companies goes our nation’s economy and integrity.
St. George Metals is not simply an isolated event; the fraud of unsettled trades is an industry standard representative of years of abuse. The loss to investors over this abuse is near $1 Trillion and growing. Don’t shot the messenger, understand the symptom. St. George Metals is just another messenger.
Someone said on pb that Melvin has been hired to run Entourage's message board. Let the new scam begin.
Posted by ed19363 on :
What ever happened to all those senators and congressmen who were supposed to be investigating this NSS crap? The SEC buy them all off?
Posted by Ric on :
So what is it now, Entourage has hired two ex-CMKX employees that worked during the biggest dumping of shares in history and were vital in hiding this from shareholders. And this doesn't concern any of the cult? That is some strong koolaid.
Posted by Bottomliner on :
legaleagle Tried to send you a PM, but your box is a little full right now.
I have some questions that I hope you can help answer. If you would prefer doing this by PM, please do so.
I still hold a few shares of CMKX and its spinoffs (Casavant Mining, GEMM and USCA). I've already written them off as worthless, and I don't intend to invest more money, so I don't have anything to lose by hoping for a few rays of sunshine. (I am usually "obnoxiously positive" about everything.)
To be honest with you, I don't know if you believe what you post, but I have to say you do it well. Most of your comments are articulate and intelligently stated. Therefore, I would like your opinion on the future of my shares:
1) Do they have any current value, even if they cannot be traded? 2) Is there any hope they (or replacement shares) will increase in value? 3) Is there any hope that I will be able to trade them (or replacement shares) someday? 4) Is there anything I should do now to help my situation?
Please, everyone, let the man respond to my questions without giving either one of us any grief. I'm just looking for information. If others want to answer me also, go ahead. But let me decide how I digest that information.
OKAY? Posted by Upside on :
Bottomliner, I've got one question for you. When you say you've written them off as worthless, are you referring to how you view them or have you actually filled out a non-marketable security form with your broker?
Posted by CashCowMoo on :
well its still not over if that means anything. if it was as bad as exposure to nuclear fallout as some here would believe then i dont think we would have gotten this far, AND urban would be in a heap of trouble which he isnt. how do you explain that? how come we have come this far and still continue to work as a business. yes i know are stock is revoked i had to say that because i know someone would use that as a response. yeah its not a good thing but we will know more soon and maybe just maybe some here might lay off them a bit.
Posted by legaleagle on :
Bottomliner, thank you. Most cynics don't think I really believe in the company. And I will give them this: Everything "looks" really bad for the company right now. Little information has been forthcoming. What information has been released, like, the company is broke and unable to handle it's obligations, Maheu is running away in disgrace, UC is near death, reasonable value was not obtained in over a million and a half acres of the richest mineral deposits in the world; Roger Glenn and Edwards,Angell are going down in disgrace for engineering the biggest scam ever foisted on the markets. Urban is living the great life in a 3 million dollar mansion and has squirreled away millions of shareholder dollars in a trust account, and is only awaiting his sentencing. LOL, I could go on and on.
But you know, you just can't create a better Maheu landscape painting. It's what he and Roger do best.
In my opinion, everything we are witnessing has been carefully, meticulously scripted for public viewing. Not with the intention of hurting any shareholders, but with the intention of trapping the largest naked short in history, and forcing the markets to clean up their very dirty laundry. Unfortunately, share holders were hurt when they sold out too soon. You can see some of that pain being communicated on this board daily......fear. Fear that they may have been wrong. Frustration that someone doesn't prove instantly that they were right in dumping, and eliminating those fears. So they take that frustration out on anyone who comes along that may have seen this stock for what it really is.
Now what do I see happening that others might not. Well it would be nearly impossible to list everything that plays into that decision because I have been accumulating information for nearly two years. Most weeks 16-7 on the boards, on the phone, in Paltalk, even attended the NS Rally in DC last summer, and made trips to meet with other researchers and principals of our JVs. How would anyone delineate that kind of information.
But take it for what it's worth, I'll give you my scenario of what we may soon see.
I believe all of the jv's are being rounded up for a merger into CIM, yep, Casavant International Mining. Entourage, the known jvs, and even a few jv's that arent't known, like AZTM. I believe that approximately 20 Market Makers have settled with CMKX on the NS, and three held out. I also believe the funds for that coverage have been deposited in CMKM DURANGO TRAILS, LLC, a Nevada Corporate Trust.
I think those funds will be paid in settlement to CMKX shareholders thru CIM as the royalty payment that was promised, so that the SEC will have no control over the distribution or the privately held company's sources of income.
This accomplishes a second goal of the SEC, DTCC, MMs and hedges. It puts a veil over the entire NS situation. And their dirty little secrets go unannounced to the public. This is essential to the ongoing life of the market.
As for the amount of settlement or distribution rates, I believe that 600 billion shares have been retired from the announced OS. And as for the amount of the settlement,I have heard too many figures thrown around to even venture a guess. So that's the wait and see part.
When all of the components have been successfully absorbed into CIM, I believe there will be some sort of partnering with Shore Gold, Kennsington/Debeers into one of the largest conglomerates ever formed with some divisions operating the diamond mining, others uranium, others performing varying mineral operations.
I believe we know the valuation of all of our claims through the months long aggressive drilling program of Emmerson Koch and his Double K Excavating company.
RG, IBM, and UC created many facets and companies for the operations over the years in order to prevent shorty from taking over or bankrupting the company. Those multifaceted deals and agreements had to be cleaned up, and the share structure as well, before any of the major mining companies would be willing to merge with CMKX. That is what is going on now. Both problems are being rectified, right before our eyes, and many are unwilling to see what is so plain, because they have developed a discrimination against anything the company does at this point.
So let's just call all of the above a legaleagle "fantasy" and avoid so many follow up postings.
Bottomliner, I appreciate your professionally worded questions and the opportunity to express what I think may be happening now. Since no one can buy or sell this stock I figured it wouldn't matter any longer if I just posted what I thought. Besides the Merry Men have been running out of things to bash with. LOL
Posted by ed19363 on :
legal, you gotta admit, no matter what you know, the above scenario is a bit of a stretch. I hope you're right, because I still have a few shares laying around. But I kind of doubt it.
Posted by legaleagle on :
you're right ed, it just doesn't fit the norm does it?
Posted by ed19363 on :
No, it doesnt, which is what makes it so unbelievable. And which almost makes it impossible to come true.
Posted by ed19363 on :
I'd still like to see some sort of proof of all this....
Posted by CashCowMoo on :
i think someone said frizzle said there would be news by the weekend
Posted by ed19363 on :
Another rumor....we need something more concrete...
Posted by legaleagle on :
Correction, opinion ed, not rumor
Posted by legaleagle on :
Moo, John Martin sent an email to a shareholder advising him that Friz and Stoecklein are preparing some kind of report in the next couple of days.
Posted by Dustoff101 on :
Well, I see some of the the gang is back. Where's Wallace and Dwman?
Posted by legaleagle on :
Wallace is apparently absorbed in QBID from what I hear.
Just IM'd with Don, he spends most of his time in Sterling's PalTalk now.
Posted by Otttoman on :
Good post legal, and I too think that your "fantasy" is a bit of a stretch and a lot of loose ends and "what ifs" need to come together, but I hope at least some of it comes true. When I first read it I though "ouch", haven't you taken enough beatings from this board" but so far the replies have been almost cordial (but it's still early).
Whatever happens, we koolaid drinkers are locked in and everyone is locked out of whatever is to come. No more chances on this one, one way or another. I for one am glad to be locked in because like many shareholders I committed to an all or nothing scenario from the beginning. I'm still hopeful of something decent coming out of all this, but only time will tell, and until then it's only speculationon everyone's part. Keep up the good fight legal.
Posted by legaleagle on :
WATCH FOR A TASK FORCE REQUEST TO PULL CERTS
Posted by ed19363 on :
Can you pull certs from a stock that's revoked? I would think the brokers would say they are no longer available.
Posted by legaleagle on :
Sure people pulling them everyday since revocation. We may be revoked, but we still own shares in the company. However, the brokerages seem confused and reluctant. But I would be too if I had more shares sold than CEDE can cover.
Power play coming with this I think. But now this IS rumor.
Posted by legaleagle on :
Andy Convo
I copied this from another board. Seems like someone has been in contact with Andy. It's a long one too. I guess that's possible with all the free time he has now.
cretamk: hey mr hill are u there
andy891: i is.
cretamk: how r u doing today
andy891: excellent tks and u
cretamk: my name is mike by the way. another cmkx shareholder
andy891: hi Mike.
cretamk: im doing ok. would be a little better if i knew what was going on with our company
andy891: we are in the CLOSED CLUB now
cretamk: what does that mean
andy891: as a shareholder you are now a member of a Limited Partnership. You have WON.
cretamk: what have i won
andy891: what will come.
andy891: you really don't GET IT?
andy891: one door closes and another opens...you think i was just bantering? lol
cretamk: well i could have won a share of etgmf for every million shares of cmkx or i could have won a cash divi of .10 per share
cretamk: well by that statement i guess u are inferring that cmkx is closed and etgmf is open. but waiting another 2 years for valuation i do not see as winning
cretamk: u still there?
andy891: why on earth do you think you will have to wait 2 yrs....and what about "other" assets???
cretamk: i dont know what other assets we have. they could be "got cmkx" t-shirts or billion dollar valuation for our remaining land claims
cretamk: when will the shareholders know what the other assets are?
andy891: when they figured what the frozen snapshot has in it...per revocation...all you have to do is sit and wait...you had to be in to win....now you are in...you can't leave....so you have WON.
cretamk: how long will it be until we know what we have won?
andy891: when the Task Force sorts a few things out.
cretamk: do u have an approximate timeline to when that will be
cretamk: still there?
andy891: no..but like you i hope asap. i expect the Task Force will say something fairly soon after they have time to look at the Frozen snapshot.
cretamk: is there anything you can tell me that isnt a vague statement that can be twisted into a million possibilities
andy891: nope..you have to figure this out......just consider some of the things i said along the way. and realize you are truly in....and those that did not get it are truly out.
andy891: you really don't have to figure anything out...lol you just have to be. just like i always said...lol cretamk: it is difficult to still believe after almost 2 years of waiting and not knowing what is going on
cretamk: at this point i dont have a choice. so i hope it turns out profitable
andy891: well there is much to know if you were paying attention..and not following nitwits on message boards..not to say there are not some very smart people out there who are GETTING IT.
andy891: it is not that you don't have a choice...you have been granted the opportunity to WIN..because you remained a shareholder.
cretamk: well u have said many things in the past that havent come true. like recently u told us to watch our radars for word from us or our jv's
cretamk: nothing happened
andy891: are you kidding...we got the Carolyn claim back to United Carina.. and we have just done a deal with Entourage...and CMKX now equals Entourage...LOL it is happening right in front of your eyes.
cretamk: why didnt this happen a while ago
cretamk: why did it have to wait until the day of our last word against revocation for it to happen
andy891: revocation was supposed to happen.
cretamk: so why did they fight it in the first place
andy891: to lock you in along with all other shareholders so they can now figure out who has what and the proper ratios of distribution.
cretamk: why didnt we accept revocation from the beginning
andy891: because we were at odds with the SEC...don't you find it interesting that revocation occurred exactly one year from the day the SEC attacked USCA?
cretamk: it is a little interesting, but still doesnt give me any answers
andy891: you have to think things through to get your own answers.
cretamk: at this point i am just frustrated because we are revoked and are still in the doghouse
andy891: i will tell you this....UC, Maheu, Stoecklein are playing in the BIG leagues...there is no room for error...and they are doing it all for you the shareholder.
cretamk: i dont see a reason now to still be quiet
andy891: when you don't have things done or concluded yet to your advantage of benefit...the best thing to do is keep quiet.
andy891: when they are ready they will speak.
andy891: we are in good shape...no worries on my part.
cretamk: how many shares do u personally hold?
cretamk: are u able to tell me this?
cretamk: if not, i understand
andy891: no i don't disclose that or what UC paid me to do the IR.
andy891: it is not important
cretamk: are there still deals being made, or is that part of the plan over?
andy891: could be or being finalized.
cretamk: well thank you for your time
cretamk: unfortunately i dont feel any better, but i appreciate u spending time with me
andy891: good luck in the closed club... cya
Posted by Bottomliner on :
quote:Originally posted by Upside: Bottomliner . . . When you say you've written them off as worthless, are you referring to how you view them or have you actually filled out a non-marketable security form with your broker?
Upside I just meant that I view them as worthless. I haven't done anything official with the shares. Although I don't like losing money, I have to say that I feel strangely calm and content knowing that I cannot go anywhere but up, and it's almost "fun" hearing how I might be sitting on a gold mine (sorry, diamond mine) and might be rich any day now. LOL.
Posted by skippy on :
Legal,
I have a question for you or anyone else for that matter. I have been in CMKX for almost a year now. I have received 3 different restricted share distributions in my etrade account. A few posts ago you mentioned a possible merger into CIM. And over the month of following along on the board I have seen other posts about people having some shares of CIM. I don't think I was in this stock early enough to receive any share of CIM. Going back to your theory, how would I benefit from this possible merger into CIM? I guess what I'm asking is if your scenario come to pass, how will it benefit me if I just own CMKX and a few other restricted share of GEMM and SGGM. Just looking for a little info. Anything you can add will be appreciated.
Thanks
Posted by Ric on :
quote:Originally posted by Otttoman: Good post legal, and I too think that your "fantasy" is a bit of a stretch and a lot of loose ends and "what ifs" need to come together, but I hope at least some of it comes true. When I first read it I though "ouch", haven't you taken enough beatings from this board" but so far the replies have been almost cordial (but it's still early).
Whatever happens, we koolaid drinkers are locked in and everyone is locked out of whatever is to come. No more chances on this one, one way or another. I for one am glad to be locked in because like many shareholders I committed to an all or nothing scenario from the beginning. I'm still hopeful of something decent coming out of all this, but only time will tell, and until then it's only speculationon everyone's part. Keep up the good fight legal.
I was being polite for bottomliner because he asked. So Legal got a free pass on one post. Would like to hear a fact once and awhile.
Posted by Bottomliner on :
quote:Originally posted by legaleagle: Bottomliner, thank you. . . . I appreciate . . . the opportunity to express what I think may be happening now.
legal Thank you very much for your reply. Nice summary of your thoughts. As I've said, I don't know enough about the situation to know what I believe, so I am finally doing some DD (LOL).
Although I'm "down" a few bucks on this investment, I can't say I'm upset about it. I felt the potential reward was worth the risk, and until we know the outcome for sure, it may still be.
Posted by legaleagle on :
quote:Originally posted by skippy: Legal,
I have a question for you or anyone else for that matter. I have been in CMKX for almost a year now. I have received 3 different restricted share distributions in my etrade account. A few posts ago you mentioned a possible merger into CIM. And over the month of following along on the board I have seen other posts about people having some shares of CIM. I don't think I was in this stock early enough to receive any share of CIM. Going back to your theory, how would I benefit from this possible merger into CIM? I guess what I'm asking is if your scenario come to pass, how will it benefit me if I just own CMKX and a few other restricted share of GEMM and SGGM. Just looking for a little info. Anything you can add will be appreciated.
Thanks
skippy if CIM issues a royalty it will be to CMKX shareholders. You won't have to own CIM to get the royalty you will have to own CMKX
But I think UC wants to keep his large shareholder base, he only wants to get rid of the NS, not the shareholders. So if my scenario is correct, I think the royalty recipients will be given an opportunity to reinvest that cash in a CIM pre-IPO opportunity
Posted by Doctoall on :
quote:Originally posted by legaleagle: Wallace is apparently absorbed in QBID from what I hear.
Just IM'd with Don, he spends most of his time in Sterling's PalTalk now.
Maybe Wallace got hit by the CMKX Koolaid truck I sure hope not for the sake of that truck.
Posted by Ric on :
How many more months are you going to hold on to that dream of CIM before you realize that it isn't true. The company has never said anything other then they were going out of business and UC was RETIRING.
I know that there are still hold out over on the PCBM thread on RB that still think they are getting something over a year later. I just wonder how long are you going to claim a dead stock is going to give you these fairytales.
Posted by Back~in on :
quote:Originally posted by legaleagle: Andy Convo
I copied this from another board. Seems like someone has been in contact with Andy. It's a long one too. I guess that's possible with all the free time he has now.
cretamk: hey mr hill are u there
andy891: i is.
cretamk: how r u doing today
andy891: excellent tks and u
cretamk: my name is mike by the way. another cmkx shareholder
andy891: hi Mike.
cretamk: im doing ok. would be a little better if i knew what was going on with our company
andy891: we are in the CLOSED CLUB now
cretamk: what does that mean
andy891: as a shareholder you are now a member of a Limited Partnership. You have WON.
cretamk: what have i won
andy891: what will come.
andy891: you really don't GET IT?
andy891: one door closes and another opens...you think i was just bantering? lol
cretamk: well i could have won a share of etgmf for every million shares of cmkx or i could have won a cash divi of .10 per share
cretamk: well by that statement i guess u are inferring that cmkx is closed and etgmf is open. but waiting another 2 years for valuation i do not see as winning
cretamk: u still there?
andy891: why on earth do you think you will have to wait 2 yrs....and what about "other" assets???
cretamk: i dont know what other assets we have. they could be "got cmkx" t-shirts or billion dollar valuation for our remaining land claims
cretamk: when will the shareholders know what the other assets are?
andy891: when they figured what the frozen snapshot has in it...per revocation...all you have to do is sit and wait...you had to be in to win....now you are in...you can't leave....so you have WON.
cretamk: how long will it be until we know what we have won?
andy891: when the Task Force sorts a few things out.
cretamk: do u have an approximate timeline to when that will be
cretamk: still there?
andy891: no..but like you i hope asap. i expect the Task Force will say something fairly soon after they have time to look at the Frozen snapshot.
cretamk: is there anything you can tell me that isnt a vague statement that can be twisted into a million possibilities
andy891: nope..you have to figure this out......just consider some of the things i said along the way. and realize you are truly in....and those that did not get it are truly out.
andy891: you really don't have to figure anything out...lol you just have to be. just like i always said...lol cretamk: it is difficult to still believe after almost 2 years of waiting and not knowing what is going on
cretamk: at this point i dont have a choice. so i hope it turns out profitable
andy891: well there is much to know if you were paying attention..and not following nitwits on message boards..not to say there are not some very smart people out there who are GETTING IT.
andy891: it is not that you don't have a choice...you have been granted the opportunity to WIN..because you remained a shareholder.
cretamk: well u have said many things in the past that havent come true. like recently u told us to watch our radars for word from us or our jv's
cretamk: nothing happened
andy891: are you kidding...we got the Carolyn claim back to United Carina.. and we have just done a deal with Entourage...and CMKX now equals Entourage...LOL it is happening right in front of your eyes.
cretamk: why didnt this happen a while ago
cretamk: why did it have to wait until the day of our last word against revocation for it to happen
andy891: revocation was supposed to happen.
cretamk: so why did they fight it in the first place
andy891: to lock you in along with all other shareholders so they can now figure out who has what and the proper ratios of distribution.
cretamk: why didnt we accept revocation from the beginning
andy891: because we were at odds with the SEC...don't you find it interesting that revocation occurred exactly one year from the day the SEC attacked USCA?
cretamk: it is a little interesting, but still doesnt give me any answers
andy891: you have to think things through to get your own answers.
cretamk: at this point i am just frustrated because we are revoked and are still in the doghouse
andy891: i will tell you this....UC, Maheu, Stoecklein are playing in the BIG leagues...there is no room for error...and they are doing it all for you the shareholder.
cretamk: i dont see a reason now to still be quiet
andy891: when you don't have things done or concluded yet to your advantage of benefit...the best thing to do is keep quiet.
andy891: when they are ready they will speak.
andy891: we are in good shape...no worries on my part.
cretamk: how many shares do u personally hold?
cretamk: are u able to tell me this?
cretamk: if not, i understand
andy891: no i don't disclose that or what UC paid me to do the IR.
andy891: it is not important
cretamk: are there still deals being made, or is that part of the plan over?
andy891: could be or being finalized.
cretamk: well thank you for your time
cretamk: unfortunately i dont feel any better, but i appreciate u spending time with me
andy891: good luck in the closed club... cya
4650000 shares and still hoping! Thanks for the posts Legal, I've been in this since CMKM.
Posted by Ric on :
Legal, you know what is seriously wrong with what you are doing? Some of these people bet everything on CMKX. Not to say it is any on this board but housewives and fathers. They convinced their families and friends to buy this and your false rumors that have no basis in facts are keeping them up and down. What happens if one of these people do something to themselves after the truth is final? People do crazy things when they lose everything. People like you that keep pumping them with false information as if it is some form of truth to it will be directly responsible IMO. You should be trying to break the bad news just in case. Not that you can't have some hope but reality needs to be there to. The company put out a 8-K saying it was over, They have no money and Maheu resigned. It says that as soon as the assists are given out then UC will resign leaving CMKX no more. Yet you keep on insisting there is something without no proof what so ever. By doing this you are not letting people get on with there lives and letting them slowly realize what has been said Even Frizzell who is on the team has stated there was no settlement to his knowledge and that the o/s was still 703 billion as far as he knew. Yet you keep posting these lies. I just hope god can forgive you for what you are doing to these poor people.
Posted by tarq3 on :
STOCKGATE TODAY An online newspaper reporting the issues of Securities Fraud
Data that makes you say hmmm – It's SHO and Tell Time – November 2, 2005
David Patch
On October 31, 2005, 3 days after an SEC Administrative Judge ruled to deregister CMKX for violations of Exchange Act Rules 13a-1 and 13a- 13 by failing to file annual reports on Form 10-K or 10KSB over the past few years, CMKX Owners Group Lawyers were granted settlement failure (FTD) evidence under the Freedom of Information Act (FOIA) pertaining to the execution of trades for CMKX. CMKX shareholders forming this owners group believing they have been destroyed financially by the elusive `naked short'.
Today, correlating this data to previous data gathered under the FOIA by the PIPE's Report raises some serious questions about the data and the overall integrity of the system.
Representing the shareholders of CMKX, Texas Attorney Bill Frizzell requested specific information from the Securities and Exchange Commission regarding the reported settlement failures in CMKX for the Month of April 2005. The request was not seeking information that was market member specific but instead merely aggregate numbers represented in the system for each trade date for the month of April 2005. The SEC complied with such a request.
Likewise, the PIPE's Report also requested trade settlement data from the SEC under a FOIA request this time requesting the aggregate fails for the OTCBB, Pink Sheet, and AMEX listed securities during a time frame that extended from April of 2004 through August 2005. The data provided by the SEC was reported in the September Issue of the PIPE's Report. The PIPE's Report concluding in their article that Regulation SHO was not a total solution to settlement failures but merely a band- aid.
So how do the two sets of data compare? Let's just say a picture is worth a 1000 words.
According to the two sets of data, CMKX settlement failures represented between 0% and 35% of the total aggregate fails in the system for the quoting services of the OTCBB, Pink Sheets, and Amex.
Understand there are over 9000 publicly traded companies listed in those combined trading services.
To compound matters, CMKX was not listed as a Regulation SHO threshold security in April of 2005 due to a lack of up to date and accurate filings. There were however over 150 AMEX, OTCBB, and Pink Sheet Companies published on the threshold security list for fails in excess of 0.5% of their total shares outstanding.
So if CMKX owns as much as 35% of the total aggregate fails represented by 9000 companies, how many fails were represented by those 150 listed on regulation SHO threshold securities lists published?
The raw data first to aid in working through numbers.
Date Total CMKX % CMKX
04/01/2005 400,031,086 5,000,000 1.25
04/04/2005 369,703,509 7,800,000 2.11
04/05/2005 362,249,413 17,800,000 4.91
04/06/2005 361,796,939 25,843,333 7.14
04/07/2005 399,642,964 56,129,333 14.04
04/08/2005 507,353,905 17,743,333 3.50
04/11/2005 558,800,282 44,743,333 8.01
04/12/2005 353,711,670 6,009,429 1.70
04/13/2005 356,304,547 1,000,000 0.28
04/14/2005 325,056,854 10,000 0.00
04/15/2005 411,684,565 2,700,000 0.66
04/18/2005 308,502,659 10,000 0.00
04/19/2005 401,693,162 84,800,000 21.11
04/20/2005 523,115,782 82,329,000 15.74
04/21/2005 462,461,041 125,329,000 27.10
04/22/2005 523,013,137 186,270,665 35.61
04/25/2005 446,798,215 102,770,865 23.00
04/26/2005 358,804,989 10,000 0.00
04/27/2005 355,642,755 10,000 0.00
04/28/2005 359,632,068 10,000 0.00
04/29/2005 386,111,868 3,073,000 0.80
Through a quick review of EDSARS, and the reported threshold lists published for April 22, 2005, 56 of the 150+ securities listed for the AMEX, OTCBB, and Pink Sheets would require a minimum of 29 Million shares in FTD simply to qualify at minimum threshold levels of 0.5% of outstanding shares. Scaling out to 150 companies would represent nearly 100 Million shares in FTD as a minimum to qualify for Regulation SHO and these 100 Million would be additive to the CMKX FTD.
The fact that many of the companies published on the April 22, 2005 threshold list had been on for some time and remain entrenched on the list today certainly questions any possibility that these companies were any where near minimum qualification levels of 100 million.
By simple analysis, it is easy to conclude that far better than 60% of the aggregate FTD in over 9000 companies is reportedly owned by as little as 1.6% of the companies in these markets. Data I personally do not believe to be even remotely accurate as represented by the FTD information provided.
The SEC and NASD have specific sections of their web sites dedicated to informing the investing public about the problems of the OTCBB and Pink Sheet Markets. These quotation services are quoted as being ripe for scams and fraudulent activities. The SEC has taken counter measures to avoid pump and dump schemes by initiating exemptions for the industry to sell naked short into the market to control market volatility. Yet the data illustrates that less than 2% of these issuers seemingly control far better than 60% of the aggregate FTD. A metric of performance far better than the upper echelon markets of the NYSE and NASDAQ.
When questioning the data simply look at the reported FTD between April 20 and April 22.
While the FTD level in over 9000 companies remained the same [520 Million shares] the number of FTD in CMKX grew from 83 million to 186 Million representing a growth from 15% to 35% of the markets reported aggregate FTD. One company grew by 20% of the aggregate reported and the rest of the 8999 companies absorbed that number with an exact equal and opposite reduction, in two days worth of trading? Yet, between April 19 and April 20, as the markets aggregately moved up by 100 million FTD's, CMKX reduced by 2 million shares in FTD status.
Which is it, CMKX was trading as bell weather for FTD or not?
I am not sure about you but it does not take a rocket scientist to look at this evidence and decide that something is happening behind the curtain. It now time to open up that curtain and reveal the truth to the investing public.
If you are wrong, have you considered what people might do? How they might feel, if you have talked them out of this opportunity?
You continue to write as though every investor is some sort of child who believes everything they read in cyberspace. I take their ability to open a brokerage account and surf the net for investment advice as a pretty good sign of above average intelligence. And an ability to weigh and balance both sides of this story, and come to a reasoned conclusion on risk.
Posted by legaleagle on :
"GOT CERTS?"
Posted by stockster5 on :
Legal, there wasn't much of a opportunity. I wasn't allowed to purchase any cmkx through Scottrade at all for a year. Still can't. Also, you've just made reference to cmkx shareholders to reinvest into a cim pre IPO... that is a blatant pump again... and this statement ---> "I believe all of the jv's are being rounded up for a merger into CIM, yep, Casavant International Mining. Entourage, the known jvs, and even a few jv's that arent't known, like AZTM." ARE'NT KNOWN ... YOU knew, this is called insider trading information and you should be in trouble with the law.... AND, you know damn well people are going to see that little clue and play into some bullchit plan that you are pumping again........... You should be one of the people companies are trying to shut down. S5
Posted by stockster5 on :
Also... that little Andy repost I believe was YOU. You have so many alias's no one can nail you down. Again, you style is showing............ S5
Posted by legaleagle on :
quote:Originally posted by stockster5: Legal, there wasn't much of a opportunity. I wasn't allowed to purchase any cmkx through Scottrade at all for a year. Still can't. Also, you've just made reference to cmkx shareholders to reinvest into a cim pre IPO... that is a blatant pump again... and this statement ---> "I believe all of the jv's are being rounded up for a merger into CIM, yep, Casavant International Mining. Entourage, the known jvs, and even a few jv's that arent't known, like AZTM." ARE'NT KNOWN ... YOU knew, this is called insider trading information and you should be in trouble with the law.... AND, you know damn well people are going to see that little clue and play into some bullchit plan that you are pumping again........... You should be one of the people companies are trying to shut down. S5
stockster, you seem disappointed that you weren't able to invest in CMKX. ????
I didn't recommend buying into the CIM IPO, I mentioned that the company may allow shareholders who didn't get the divy to buy in PreIPO. WITH THE PROCEEDS OF ANY CASH SETTLEMENT OR ROYALTY THAT THEY RECEIVE.
Now if you received say a "nickel" royalty on all CMKX shares, wouldn't that add some legitimacy to this whole operation? If you saw a conglomerate being formed in CIM, wouldn't you like to have an opportunity to reinvest some of that money at that point?
I believed AZTM was involved because of my DD. I have brought it to this board on many occasions. But still, most shareholders believed they were the enemy when they got the Carolyn, so didn't know that they may actually be an ally.
And if you really think I am doing anything illegal, please check with will, Wallace or Ric. They can put you on to my real identity and you can file charges with the SEC. Otherwise please go away, your accusations are a mild nuisance.
Posted by legaleagle on :
quote:Originally posted by stockster5: Also... that little Andy repost I believe was YOU. You have so many alias's no one can nail you down. Again, you style is showing............ S5
Sorry. Not my style. I don't talk to Andy. He is only allowed to give out what the company wants him to.
I have two screen names and they are both known here. And most know why I use a different one here.
Posted by Thorn on :
Sounds like a pyric victory to me.
Posted by legaleagle on :
Did you mean pyrrhic victory Thorn?
And until we know what real losses, if any, there were, we won't know.
Posted by Thorn on :
Hmm. Yes, probably, pyrrhic. It is rather unnerving to be told "you're a winner" but not what you won. Posted by ed19363 on :
You've probably won the right to waste more money in these kind of stocks....LOL
Posted by Thorn on :
Andy891 also practially told us that we are stupid if we can't figure out what we won. Posted by will on :
legal, clean out your mailbox. I want to send you a PM.
Posted by legaleagle on :
fire when ready, will
Posted by stockster5 on :
thanks legal, no I won't go away. "So if my scenario is correct, I think the royalty recipients will be given an opportunity to reinvest that cash in a CIM pre-IPO opportunity" Now please define 'Pre-IPO', or is this a new cmkx term. Maybe a secret part of the plan. S5
Posted by legaleagle on :
The first sale of stock by a private company to the public. IPOs are often issued by smaller, younger companies seeking capital to expand, but can also be done by large privately-owned companies looking to become publicly traded.
In an IPO, the issuer obtains the assistance of an underwriting firm, which helps it determine what type of security to issue (common or preferred), best offering price and time to bring it to market.......Investopedia
Prior to opening such an offer to the public a company will customarily make discount sales available to friends, associates, employees etc.
Posted by Upside on :
quote:Originally posted by will: legal, clean out your mailbox. I want to send you a PM.
One can only imagine.
Posted by legaleagle on :
CMKM Diamonds Provides Corporate Update Nov 4, 2005 2:50:00 PM Copyright Business Wire 2005 LAS VEGAS--(BUSINESS WIRE)--Nov. 4, 2005--
CMKM Diamonds Inc. today announced a corporate update to its stockholders by disclosing the following information:
Status of Entourage Agreements. On Oct. 28, 2005, Entourage Mining Ltd. completed a private placement of $1,050,000, which effectively removed all contingencies from the agreements disclosed in the Oct. 21, 2005, CMKM Form 8-K. CMKM is awaiting final receipt of the 50,000,000 shares of Entourage Mining common stock. Upon receipt of the 50,000,000 share certificate, the certificate will be held in trust by Stoecklein Law Group in the firm's bank deposit box pending distribution.
Revocation of 34 Act Reporting. On or about Oct. 28, 2005, the Securities and Exchange Commission, in response to CMKM's withdrawal of its appeal, declared Administrative Law Judge Brenda Murray's initial decision final. This effectively revoked CMKM's reporting status under the Securities Exchange Act of 1934, as amended. As such, it is currently unlawful for any broker dealer to effectuate a trade in CMKM's common stock.
Distribution/Dividend of Entourage Common Stock and all other assets of CMKM. CMKM's board of directors, through the distribution Task Force described below, has resolved to distribute the 50,000,000 shares of Entourage common stock to all CMKM bona fide stockholders. In order to be considered a bona fide stockholder of CMKM, a physical stock certificate issued in his/her/its name will need to be presented to the distribution Task Force for confirmation on or before Dec. 31, 2005, or as extended at the sole discretion of the Task Force.
Electronic and/or other forms of ownership (i.e. -- brokerage statements) will not be accepted by the Task Force as evidence of ownership. Therefore, CMKM stockholders who hold their shares in "street name" will need to demand physical certificates from their broker in order to be considered a bona fide CMKM stockholder and be entitled to their proportionate share of the Entourage common stock and any other assets of CMKM to be distributed to its bona fide stockholders.
At the time of CMKM's revocation, CMKM had 703,518,875,000 shares of common stock validly issued and outstanding.
Urban Casavant, CMKM's sole officer and director, has informed the distribution Task Force that neither he nor his immediate family members will receive any of the Entourage shares in the distribution.
Distribution Task Force. As previously released, CMKM has established a distribution Task Force consisting of Robert A. Maheu, Bill Frizell and Donald J. Stoecklein. The distribution Task Force will be entrusted to ensure the shares of Entourage common stock, and any other assets of CMKM, are distributed to only CMKM bona fide stockholders. The Task Force has been given full and complete authority to use all means necessary, including bringing federal or state court legal action, to make certain all bona fide CMKM stockholders receive their proportionate allocation of the Entourage common stock and any other assets of CMKM available for distribution.
Maheu, former CMKM co-chairman and the designated trustee of the Task Force, stated, "I am fully committed to protecting the interests of bona fide CMKM stockholders, including if necessary, bringing appropriate federal or state court actions to ensure the appropriate distribution of the Entourage shares is made. When I initially took on the assignment of assisting CMKM with its compliance needs, of primary concern was doing the right thing for the stockholders. We faced a tremendous number of hurdles, including the trading halt, administrative hearing and let down of numerous professionals. However, with the continued commitment of Urban Casavant and diligent professionalism of Stoecklein Law Group, we are trying to overcome the obstacles of the past and look forward into the future towards distributing value to CMKM's bona fide stockholders. I want to commend Urban and his immediate family for deciding not to share in the distribution of the Entourage shares. This goes a long way towards showing the Casavant family's continued commitment to the CMKM stockholders." Maheu further stated, "This is a time for the CMKM stockholders to look forward towards the future and forget the past. Working as a united front will allow us to extract all available sources of value for distribution."
The Task Force will be establishing a fax line where all CMKM bona fide stockholders can fax a copy of their certificates to be matched to a certified stockholder list. All CMKM bona fide stockholders will need to be identified on or before Dec. 31, 2005, or as extended at the sole discretion of the Task Force. Once CMKM's bona fide stockholders are identified, the Task Force will issue further instructions on how and when the distributions will be made.
Management. As CMKM is effectively a non-operational company holding only the Entourage shares and intangible assets, Urban Casavant will remain as the sole officer and director of CMKM until the Task Force identifies all bona fide CMKM stockholders and all of the affairs of CMKM are wound up.
Again, neither Casavant nor any of his immediate family members will receive any of the Entourage shares in the distribution.
Nevada Minerals Default. Effective Oct. 29, 2005, CMKM was unable to cure the ongoing default with Nevada Minerals under the Operation Agreement for The American Shaft in Portovelo, Ecuador. Therefore, all of CMKM's right, title and interest in The American Shaft has been relinquished to Nevada Minerals.
Future Correspondence. CMKM stockholders are being asked to please refrain from contacting Maheu and the Stoecklein Law Group. All corporate updates will be made in press releases or other forms of distribution media as they become available. The Task Force is in the process of establishing a Web site, www.cmkmtaskforce.com, for posting of all corporate updates and other relevant information as and when it becomes available.
Source: CMKM Diamonds Inc.
---------------------------------------------- CMKM Diamonds Inc. Las Vegas Investor Relations 702-966-6328
Posted by Ric on :
"Nevada Minerals Default. Effective Oct. 29, 2005, CMKM was unable to cure the ongoing default with Nevada Minerals under the Operation Agreement for The American Shaft in Portovelo, Ecuador. Therefore, all of CMKM's right, title and interest in The American Shaft has been relinquished to Nevada Minerals. "
Legal, are you ready to admit I was right yet. So far I have been 100% correct. Still nothing of a settlement, BECAUSE THERE ISN"T ANY. The company has never said there was. It has always been a message board fairytale with no factual support.
Also unless they mail this to every single shareholder then cert holders only getting dividends may be illegal. But then too Ceded is a legit cert holder but will they bother to fax it in. Not sure electronic holders will have the support needed to have their shares divided. Ameritrade may do it for their members though if enough ask, since they hold there own certs in this stock.
Posted by legaleagle on :
quote:Originally posted by Upside:
quote:Originally posted by will: legal, clean out your mailbox. I want to send you a PM.
One can only imagine.
Wasn't nearly as unpleasant as some might imagine. LOL
Posted by Ric on :
I have already heard many complaining that its not worth the cost of pulling certs. So how many won't pull certs? What will happen to their dividend since they will not recieve it? Will the task force take it for their work? How long after Dec 31 do you have to pull cert and get your dividend. These are the questions shareholders need to be asking. Not trying to make up fairytales from nothing.
Posted by Upside on :
quote:Originally posted by legaleagle:
quote:Originally posted by Upside:
quote:Originally posted by will: legal, clean out your mailbox. I want to send you a PM.
One can only imagine.
Wasn't nearly as unpleasant as some might imagine. LOL
So your monitor didn't burst into flames when you opened it?
Posted by Ric on :
Looks like IRA and foreign shareholders are going to get the shaft.
Posted by legaleagle on :
quote:Originally posted by Ric: "Nevada Minerals Default. Effective Oct. 29, 2005, CMKM was unable to cure the ongoing default with Nevada Minerals under the Operation Agreement for The American Shaft in Portovelo, Ecuador. Therefore, all of CMKM's right, title and interest in The American Shaft has been relinquished to Nevada Minerals. "
Legal, are you ready to admit I was right yet. So far I have been 100% correct. Still nothing of a settlement, BECAUSE THERE ISN"T ANY. The company has never said there was. It has always been a message board fairytale with no factual support.
Also unless they mail this to every single shareholder then cert holders only getting dividends may be illegal. But then too Ceded is a legit cert holder but will they bother to fax it in. Not sure electronic holders will have the support needed to have their shares divided. Ameritrade may do it for their members though if enough ask, since they hold there own certs in this stock.
Ric, Ed Dhonau, owner of Nevada Minerals has been in this with Urban since the beginning, and still is. There is no way he would have seriously defaulted him on the American Mine. Surely by now, you have learned to look behind the curtain.
Before a settlement can divided the "settled" from the "unsettled", all authentic shares have to be identified. So I am even more excited now that the battle has been fully engaged.
Stop and think, Ric, why would a scam company already revoked, eveb be thinking about a cert pull, much less requiring one?
Publication on the internet is sufficient notice, but don't forget they have a mailing list from the obo/nobo; and Frizzell has already done one mass mailing. Besides, I don't think there are many certs left to pull.
Posted by legaleagle on :
Only from limited knowledge, IRA can pull certs now without penalty since the stock is considered worthless. Or they can ask their brokers to pull certs in the shareholders name and hold them in their accounts for them.
Posted by legaleagle on :
quote:Originally posted by Upside:
quote:Originally posted by legaleagle:
quote:Originally posted by Upside:
quote:Originally posted by will: legal, clean out your mailbox. I want to send you a PM.
One can only imagine.
Wasn't nearly as unpleasant as some might imagine. LOL
So your monitor didn't burst into flames when you opened it?
Not yet...........uh, oh,............. I didn't do a scan.
Posted by Ric on :
quote:Originally posted by legaleagle:
quote:Originally posted by Ric: "Nevada Minerals Default. Effective Oct. 29, 2005, CMKM was unable to cure the ongoing default with Nevada Minerals under the Operation Agreement for The American Shaft in Portovelo, Ecuador. Therefore, all of CMKM's right, title and interest in The American Shaft has been relinquished to Nevada Minerals. "
Legal, are you ready to admit I was right yet. So far I have been 100% correct. Still nothing of a settlement, BECAUSE THERE ISN"T ANY. The company has never said there was. It has always been a message board fairytale with no factual support.
Also unless they mail this to every single shareholder then cert holders only getting dividends may be illegal. But then too Ceded is a legit cert holder but will they bother to fax it in. Not sure electronic holders will have the support needed to have their shares divided. Ameritrade may do it for their members though if enough ask, since they hold there own certs in this stock.
Ric, Ed Dhonau, owner of Nevada Minerals has been in this with Urban since the beginning, and still is. There is no way he would have seriously defaulted him on the American Mine. Surely by now, you have learned to look behind the curtain.
Before a settlement can divided the "settled" from the "unsettled", all authentic shares have to be identified. So I am even more excited now that the battle has been fully engaged.
Stop and think, Ric, why would a scam company already revoked, eveb be thinking about a cert pull, much less requiring one?
Publication on the internet is sufficient notice, but don't forget they have a mailing list from the obo/nobo; and Frizzell has already done one mass mailing. Besides, I don't think there are many certs left to pull.
That is probably the most stupid statement that I have ever heard. The company just PR'd it in black and white and you still don't get it. Geeze legal what medication are you on.
They said they defaulted on it period. Lay off the koolaid for two seconds and smell the chit your pumping. Now I am starting to wonder who you might really be after that statement.
Posted by cobracobra on :
NO OTHER ASSETS EOM.
Thanks for the Effing Urban- Next time please lube with something other than sand.
Posted by stockster5 on :
Wait. somewhere back in time I thought UC owned nevada minerals or controlled it somehow. Or his son or cousins..... My head hurts from reading this thread anyhow and I don't want to look anymore up .... Legal ..."Only from limited knowledge, IRA can pull certs now without penalty since the ""stock is considered worthless"". Or they can ask their brokers to pull certs in the shareholders name and hold them in their accounts for them. " are you stating that cmkx is claimed worthless at this time..??
Posted by legaleagle on :
Of course stockster, it is revoked, and if there was any record of residual income, it was in the fifth digit. Anticipatory profits shouldn't have any bearing. It would based on the value on the day it is pulled. All IMO
Posted by stockster5 on :
Well, the last time I looked, when a stock is claimed worthless, you are no longer a shareholder of record... no?
Posted by legaleagle on :
Ric, purely speculative, but what would be the end results if Nevada is in the CIM roll up of JVs?
Posted by will on :
Reduced to residue.
Posted by stockster5 on :
If I'm correct about nonshareholders of record, then how would worthless cmkx shareholders be expecting anything????
Posted by stockster5 on :
Kmarts gave old shareholders the boot, then issued cheap new shares to insiders, exects..etc. then opened to the public for $5 pps. Let alone 5 didgit list.
Posted by johnny14511 on :
does it still show up in your positions
Posted by stockster5 on :
I going home now, used up my last break at work, I will check in soon for the answers. ... ..
Posted by Upside on :
And the band played on....
Posted by Ric on :
quote:Originally posted by legaleagle: Ric, purely speculative, but what would be the end results if Nevada is in the CIM roll up of JVs?
What if the sky turned purple and the moon rolled up into the sun? Geeze, making up stuff still doesn't make it true. Talk about pure speculation with no facts to support it what so ever.
Posted by Ric on :
Posted by Ric on :
703 billion minus 12 billion (UC and family own) equals 691 billion shares divided by 50 million equals 13,820 to one reverse. Thats 72 shares in ETGMF for each million of CMKX you own.
Posted by will on :
A whopping 1.7% of the O/S. They may as well take the dividend to. The difference wouldn't be noticed. Maheu commended them for apssing on the dividend. LOL
Posted by ed19363 on :
Lookit all those names...they must have bred like cockroaches....sheesh.
Posted by will on :
Not much else to do in the remote and bareen wilds of Canada, ed.
Posted by Upside on :
quote:Originally posted by will: Not much else to do in the remote and bareen wilds of Canada, ed.
Except drilling for diamonds maybe, but apparently they had no interest in that.
Posted by Ric on :
The cult want to make a big deal with this divy but it comes down to this. After re-reading the rules for revoked stocks the brokers can't give you divy's because it says any transactions by broker/dealers can not be done. Not just buy/sells.
"No member of a national securities exchange, broker, or dealer shall make use of the mails or any means or instrumentality of interstate commerce to effect any transaction in, or to induce the purchase or sale of, any security the registration of which has been and is suspended or revoked pursuant to the preceding sentence."
Posted by Otttoman on :
What are you talking about? You just dream up ways bash this company at every turn.
Of course the ceritificate holders are going to get any divys that CMKX decides to distribute as stated in the PR. They are not making any transactions with the CMKX shares, just issueing divys to anyone who can prove that they own shares of CMKX by providing a cert. All my shares are in cert form as are many others so we're covered. Also, no one in the Casavant family is going to get any of the Entourage shares, contradictory to the rumors about UC absconding to South America with all the shares in tow.
There's no denying it, the koolaide drinkers are back in business. Our Entourage shares may not initially equal what we paid for CMKX shares, but who cares, we still have some value and real shares in a real company that can't be effected by the MMs and there's plenty of time for the pps to increase with exploration and hopefully discouvery of some valuable mineral deposits by Entourage. Cert holders are be locked in, and shorty and everyone else is locked out. Can't wait to see the public outcry from shorty as they rush to get certs for their nss. If there is no shorty, and no naked short problem, great, who cares, doesn't change a thing for the cert holders. This one's locked and loaded. We win!
Posted by Ric on :
I never said the cert holders wasn't getting anything. Yes cert holders will get a dividend because you hold the shares not a broker. Get your fingers out of your eyes and read. I said that those shares held by brokers (electronic shares) according to SEC rules can't preform any transactions on a revoked stock. Geeze learn to read. That is why you can't read the 8-K without making up new things that it doesn't say.
By the way, I am not the ones dreaming up something at ever corner. Like the settlement dream that has no facts what so ever to back it up.
Posted by Otttoman on :
Who said anything about a settlement. All I know is that CMKX cert holders will be getting some Entourage shares as divys, for better or worse. There's no speculation here, it's coming, plus any other divys that CMKX can come up with, which may be nothing. As I've said, I'm glad to be getting real shares in a real company for my now worthless revoked CMKX shares. Sounds like a positve deal to me, so I don't understand all the critism and therories. It's a simple deal, and the CMKX cert holders wind up with some value for their shares and live to trade another day. I know most people here would like to see all of the Koolaide drinkers wind up with absolutely nothing for holding their CMKX shares to the end, and see the UC gang broke and in jail, but sorry folks, that's just not the plam.
[ November 04, 2005, 19:51: Message edited by: Otttoman ]
Posted by stockster5 on :
Okay, it's confusing now. If your shares are declared worthless, don't you now own worthless certs.
Posted by stockster5 on :
actually not confusing, just murky
Posted by Doctoall on :
quote:Originally posted by stockster5: Okay, it's confusing now. If your shares are declared worthless, don't you now own worthless certs.
Geez seeing that Urban raked in so much money you think that he would offer to pay for the paper certs $30-$40 per shareholder Posted by Stock Jockey on :
This is purely for entertainment and viewing pleasure.
Wednesday, November 4th
IMPORTANT CMKM DIAMONDS, INC. (CMKX) NEWS ALERT
The following press release was issued today on behalf of CMKM Diamonds, Inc. (CMKX). Before we discuss the talking points of this release, we would like to remind all of our readers that Evergreen Marketing, Inc. nor any of our subsidiaries has ever been compensated by CMKM Diamonds, Inc. or any entity or person associated with the company. We, like many of you, are "private investors" only. The Green Baron Report initially profiled CMKX at the request of several of our members. We did so at the time, and continue to do so as a service to our members receiving no compensation from the company for our efforts.
We have done our best to maintain an objective and neutral position in our reporting and will continue to do so, providing our readers with important updates as they occur and allowing our readers and CMKX shareholders to interpret the information as they see fit. We merely report...you decide.
The Green Baron Report is currently in negotiations with the parties involved to secure a joint CEO Webcast to answer important questions by shareholders and to provide us all with the needed information and strategies associated with this undertaking. We will notify all Green Baron members as soon as we secure the interview when it will be made available on the "Webcasts" page of our website www.*************.com. We will also be providing our members in future Green Baron Reports with important links and resources relating to the shareholder efforts outlined in the following release.
CMKM has established a distribution Task Force consisting of Robert A. Maheu, Bill Frizell and Donald J. Stoecklein which have been given complete authority to represent the interests of and act on behalf of all registered CMKX shareholders. The purpose seems to have all shareholders pull their stock certificates from their Brokers of record to create havoc en masse by "rattling the cage" so to speak with the obvious intention of the squeaky wheel getting the grease, or in this case, at least a fair shake at recouping losses possibly due to a massive short position existing with CMKX. As Robert Maheu states below, "This is a time for the CMKM stockholders to look forward towards the future and forget the past. Working as a united front will allow us to extract all available sources of value for distribution." The Green Baron Report will do our best to assist in the efforts to create a unified and powerful voice of CMKX shareholders and a speedy resolution to this problem. Be sure to check our website daily www.*************.com for important CMKX updates and alerts as they occur.
CMKM Diamonds Provides Corporate Update Nov 4, 2005 2:50:00 PM Copyright Business Wire 2005 LAS VEGAS--(BUSINESS WIRE)--Nov. 4, 2005--
CMKM Diamonds Inc. today announced a corporate update to its stockholders by disclosing the following information:
Status of Entourage Agreements. On Oct. 28, 2005, Entourage Mining Ltd. completed a private placement of $1,050,000, which effectively removed all contingencies from the agreements disclosed in the Oct. 21, 2005, CMKM Form 8-K. CMKM is awaiting final receipt of the 50,000,000 shares of Entourage Mining common stock. Upon receipt of the 50,000,000 share certificate, the certificate will be held in trust by Stoecklein Law Group in the firm's bank deposit box pending distribution.
Revocation of 34 Act Reporting. On or about Oct. 28, 2005, the Securities and Exchange Commission, in response to CMKM's withdrawal of its appeal, declared Administrative Law Judge Brenda Murray's initial decision final. This effectively revoked CMKM's reporting status under the Securities Exchange Act of 1934, as amended. As such, it is currently unlawful for any broker dealer to effectuate a trade in CMKM's common stock.
Distribution/Dividend of Entourage Common Stock and all other assets of CMKM. CMKM's board of directors, through the distribution Task Force described below, has resolved to distribute the 50,000,000 shares of Entourage common stock to all CMKM bona fide stockholders. In order to be considered a bona fide stockholder of CMKM, a physical stock certificate issued in his/her/its name will need to be presented to the distribution Task Force for confirmation on or before Dec. 31, 2005, or as extended at the sole discretion of the Task Force.
Electronic and/or other forms of ownership (i.e. -- brokerage statements) will not be accepted by the Task Force as evidence of ownership. Therefore, CMKM stockholders who hold their shares in "street name" will need to demand physical certificates from their broker in order to be considered a bona fide CMKM stockholder and be entitled to their proportionate share of the Entourage common stock and any other assets of CMKM to be distributed to its bona fide stockholders.
At the time of CMKM's revocation, CMKM had 703,518,875,000 shares of common stock validly issued and outstanding.
Urban Casavant, CMKM's sole officer and director, has informed the distribution Task Force that neither he nor his immediate family members will receive any of the Entourage shares in the distribution.
Distribution Task Force. As previously released, CMKM has established a distribution Task Force consisting of Robert A. Maheu, Bill Frizell and Donald J. Stoecklein. The distribution Task Force will be entrusted to ensure the shares of Entourage common stock, and any other assets of CMKM, are distributed to only CMKM bona fide stockholders. The Task Force has been given full and complete authority to use all means necessary, including bringing federal or state court legal action, to make certain all bona fide CMKM stockholders receive their proportionate allocation of the Entourage common stock and any other assets of CMKM available for distribution.
Maheu, former CMKM co-chairman and the designated trustee of the Task Force, stated, "I am fully committed to protecting the interests of bona fide CMKM stockholders, including if necessary, bringing appropriate federal or state court actions to ensure the appropriate distribution of the Entourage shares is made. When I initially took on the assignment of assisting CMKM with its compliance needs, of primary concern was doing the right thing for the stockholders. We faced a tremendous number of hurdles, including the trading halt, administrative hearing and let down of numerous professionals. However, with the continued commitment of Urban Casavant and diligent professionalism of Stoecklein Law Group, we are trying to overcome the obstacles of the past and look forward into the future towards distributing value to CMKM's bona fide stockholders. I want to commend Urban and his immediate family for deciding not to share in the distribution of the Entourage shares. This goes a long way towards showing the Casavant family's continued commitment to the CMKM stockholders." Maheu further stated, "This is a time for the CMKM stockholders to look forward towards the future and forget the past. Working as a united front will allow us to extract all available sources of value for distribution."
The Task Force will be establishing a fax line where all CMKM bona fide stockholders can fax a copy of their certificates to be matched to a certified stockholder list. All CMKM bona fide stockholders will need to be identified on or before Dec. 31, 2005, or as extended at the sole discretion of the Task Force. Once CMKM's bona fide stockholders are identified, the Task Force will issue further instructions on how and when the distributions will be made.
Management. As CMKM is effectively a non-operational company holding only the Entourage shares and intangible assets, Urban Casavant will remain as the sole officer and director of CMKM until the Task Force identifies all bona fide CMKM stockholders and all of the affairs of CMKM are wound up.
Again, neither Casavant nor any of his immediate family members will receive any of the Entourage shares in the distribution.
Nevada Minerals Default. Effective Oct. 29, 2005, CMKM was unable to cure the ongoing default with Nevada Minerals under the Operation Agreement for The American Shaft in Portovelo, Ecuador. Therefore, all of CMKM's right, title and interest in The American Shaft has been relinquished to Nevada Minerals.
Future Correspondence. CMKM stockholders are being asked to please refrain from contacting Maheu and the Stoecklein Law Group. All corporate updates will be made in press releases or other forms of distribution media as they become available. The Task Force is in the process of establishing a Web site, www.cmkmtaskforce.com, for posting of all corporate updates and other relevant information as and when it becomes available.
Source: CMKM Diamonds Inc.
Posted by legaleagle on :
quote:Originally posted by Otttoman: Who said anything about a settlement. All I know is that CMKX cert holders will be getting some Entourage shares as divys, for better or worse. There's no speculation here, it's coming, plus any other divys that CMKX can come up with, which may be nothing. As I've said, I'm glad to be getting real shares in a real company for my now worthless revoked CMKX shares. Sounds like a positve deal to me, so I don't understand all the critism and therories. It's a simple deal, and the CMKX cert holders wind up with some value for their shares and live to trade another day. I know most people here would like to see all of the Koolaide drinkers wind up with absolutely nothing for holding their CMKX shares to the end, and see the UC gang broke and in jail, but sorry folks, that's just not the plam.
Ottoman you'll have to forgive Ric. He is kinda stumbling around now reaching for anything to hold onto.
The real problem here now for negs, is trying to answer the question: Why would a "scam" company, under revocation, and for all intents, on the skids, and on the run, issue a PR to pull certs? Why would such a company care.
And why would a "scammer" like UC and family, give up all rights to hold onto legitimate Entourage shares?
No it's going to be hard on the "Merry Men" to stretch out an anwer on how this move fits into the "scam".
Posted by legaleagle on :
Dr Diamond Latest
Just a short word.
(1)Certificate Pull = Why? 1. To prove you are a bona fide shareholder. 2. To insure that all bona fide shareholders get a true proportionate distribution from CMKX assets 3. To lock in the Naked Short Position (2) Deadline = 31 Dec 2005 or when the TA runs out of authorized certificates. My guess is that the TA runs out of certificates long before the 31 Dec 2005 deadline.
(3) Urban and immediate family excluded! How many shares does that account for? No one knows at this time with the exception of the inside family and possibly Task Force and they obviously are not saying. We do know that Urban made decisions for the company based upon a 51% control. We can hope that it was Urban and immediate family that controllled the 51%.
(4) 703 billion obviously is still in the calculator as common shares outstanding. Minus of course for Entourage distribution purposes "ONLY" Urban and immediate family. Urban did not completely exclude himself from all distributions, only the 50,000,000 Entourage shares.
As a side note: (No payments forthcoming according to Jay Adobe's schedule as the deadline will not be satisfied until 31 Dec 2005. Of course one could reason that back payments could be made. My personal feeling is that it doesn't hold water. JMHO!)
Many shareholders are not getting the full picture of what can take place. I am not going to approach that again, at this time. But many are looking at the Entourage Distribution as being a buyout of your position in CMKX. That is not the case. IMHO At this point the only thing we know is that Entourage is a portion of the "asset distribution" and not to be mistaken as being the whole of CMKM Diamonds asset value.
There has been no mention of a buyout or tender on the CMKM Diamonds (CMKX) shares.
Some are thinking that the electronic shares will be bought out by the broker/dealer at a fair market value to cover the NSS based upon the Entourage distribution. That would be ridiculous as there is more to CMKM Diamonds than an Entourage distribution.
Brokers may try and deal with you to get you to settle for a fraction of the value of CMKX with a possible threat to simply erase them or reverse the trades and refund the transaction fees, whatever that may be.
Can they do that? Yes they can. Read the small print of your broker contract.
Don't delay, lets do what the company7 says and cooperate to the fullest of our abilities. We've come to far to look back now. As Mr. Maheu says, let's forget about the past and move on towards the future.
Success is at hand!
Dr.D
Posted by legaleagle on :
part 2
I know having to pull from an IRA stinks and is going to take some time and money to pull them, but it can be done in most every circumstance. If there was another way at this point, they would have done it.
There is nothing the company can do about the IRA's, etc... that are locked in. The company has been backed into the corner by the NSS position and there is NO OTHER WAY to resolve this situation besides pulling certificates. It does stink that some will need to pay some taxes for early withdrawl from an IRA or from a Rollover from another retirement account or one that had been set up specifically for CMKX.
This is not an issue as to whether CMKX is being disrespectful to certain shareholders that have chosen to shelter their CMKX in an IRA or some other long Term financial device where penalties may be incurred, there simply is no other way to cover the legitimate and force the market to cover the NSS position shareholders.
There is only one out to this thing and the Task Force, the SEC, and SHORTY all know this is the only way. Remember, what I shared concerning "Low Tech Rules". We tried to get the word out for a long time that certificates was going to be the one and only solution for the company, but many had their own opinion. It appears the company is in agreement that the only way to beat Shorty is to get him out of the High Tech realm of NSS electronic shares, markers, failure to delivers, churning, etc... and into the "low tech realm" of "PAPER".
The shareholders have all been taken into consideration and all shareholders have had time to consider their position in holding CMKX in an IRA, etc... This is not an unexpected move by the company, IMHO.
The small taxable fees and penalties to withdraw now, will be forgotten in the long run, IMHO.
Success!
Dr.D
Posted by Prdponce on :
quote:Originally posted by legaleagle: Dr Diamond Latest
Just a short word.
(1)Certificate Pull = Why? 1. To prove you are a bona fide shareholder. 2. To insure that all bona fide shareholders get a true proportionate distribution from CMKX assets 3. To lock in the Naked Short Position (2) Deadline = 31 Dec 2005 or when the TA runs out of authorized certificates. My guess is that the TA runs out of certificates long before the 31 Dec 2005 deadline.
(3) Urban and immediate family excluded! How many shares does that account for? No one knows at this time with the exception of the inside family and possibly Task Force and they obviously are not saying. We do know that Urban made decisions for the company based upon a 51% control. We can hope that it was Urban and immediate family that controllled the 51%.
(4) 703 billion obviously is still in the calculator as common shares outstanding. Minus of course for Entourage distribution purposes "ONLY" Urban and immediate family. Urban did not completely exclude himself from all distributions, only the 50,000,000 Entourage shares.
As a side note: (No payments forthcoming according to Jay Adobe's schedule as the deadline will not be satisfied until 31 Dec 2005. Of course one could reason that back payments could be made. My personal feeling is that it doesn't hold water. JMHO!)
Many shareholders are not getting the full picture of what can take place. I am not going to approach that again, at this time. But many are looking at the Entourage Distribution as being a buyout of your position in CMKX. That is not the case. IMHO At this point the only thing we know is that Entourage is a portion of the "asset distribution" and not to be mistaken as being the whole of CMKM Diamonds asset value.
There has been no mention of a buyout or tender on the CMKM Diamonds (CMKX) shares.
Some are thinking that the electronic shares will be bought out by the broker/dealer at a fair market value to cover the NSS based upon the Entourage distribution. That would be ridiculous as there is more to CMKM Diamonds than an Entourage distribution.
Brokers may try and deal with you to get you to settle for a fraction of the value of CMKX with a possible threat to simply erase them or reverse the trades and refund the transaction fees, whatever that may be.
Can they do that? Yes they can. Read the small print of your broker contract.
Don't delay, lets do what the company7 says and cooperate to the fullest of our abilities. We've come to far to look back now. As Mr. Maheu says, let's forget about the past and move on towards the future.
Success is at hand!
Dr.D
This is just Crapppppppppppp. LOL WOW. Sure do what the CO wants... keep bending over and liking it
Posted by stockster5 on :
Legal ... an hour of searching turned up nothing about ‘Pre-ipo’. This would seem to be a ‘Legalphemism’ and deceiving information yet again. Insider trading occurs when a trade has been influenced by the privileged possession of that has not yet been made public. Because the information is not available to other investors, a person using such knowledge is trying to gain an unfair advantage over the rest of the market : investopedia.com Information is defined as being if its release could affect the company's stock price. The following are examples of material information: the announcement that the company will receive a , the declaration of a , a positive announcement, the release of the company's discovery such as a new drug, an upcoming announcement, an unreleased 'buy' recommendation by an analyst and finally, an imminent exclusive in a financial news column. : investopedia.com The cases are being developed to include ‘Pumping’ or offering suggestive unknown, your example ie: and even a few jv's that arent't known, like AZTM ... as forms of manipulation of stock pps thus falling under insider trading doctrine. The internet has been mentioned as one of many instruments of delivery of info. So Legal, I pulled this from investopedia, which I enjoy as well, I’m not making this up and now you can see where my comments are coming from. You very well may be treading a thin ice floe, but you will have brought it on yourself. nice knowin’ ya
S5
Posted by legaleagle on :
swordfish168 King of Diamonds
member is online
Joined: Sept 2005 Posts: 839 KNOWING WHO TO LISTEN TO !!!!!! « Thread Started on Today at 7:34pm »
-------------------------------------------------------------------------------- Any person that tellS you not to order certificates.
Any person that tells you to wait for awhile
THESE ARE NOT YOUR FRIENDS - THEY ARE THE ENEMY !!
All along it was mentioned that investors should get a sizable amount of their shares in certificate and yet again we listened to persons that sounded like they new what they were talking about and they were WRONG !!!
These same people are trying to make you fowl up again.
Fool me once sham on you - FOOL ME TWICE SHAME ON ME !!!
The company has told you what must be done to win.
You are going to listen to a stranger over the PROFESSIONALS that are trying to secure your future investment rights.
THATS JUST PLAN STUPIDITY IN MOTION !!!
Why take unnecessary risks when $50 will cover your ass.
ORDER YOUR CERTIFICATES IMMEDIATELY AS WAITING MAY VERY WELL COST YOU DEARLY !!!!!!!!!!!
best, mike *swordfish168*
Posted by bill1352 on :
first legal...UC & family bought into entourage at a discounted pps. the 12 billion shares of cmkx they still own is nothing in entourage shares compared to the 692 billion shares of cmkx they sold. by handing out the entourage they accomplished 1 thing & your proving their decision to be correct...the only ppl they have to worry about sueing them are the cult members. by saying ok we dont get entourage & you do the cult will thank UC & not realize they just got the biggest r/s in the history of the stock market. UC knows most cmkx shareholders only own a few million shares. he knows that most will look at this as a lottery ticket that didn't win & forget about it. on the other hand a few thousand cult members have been buying & buying & buying for a couple yrs. they own 80% of the stock. they have thousands of dollars out in cmkx stock. they pulled the certs. he knows all the wild fantasy dreams they have been spreading. by saying certs only it increases the amount you get, it makes him look good in the cults eyes & it saves all the money he made selling 692 billion shares from the cult turning against him. your being happy & running your mouth about this being a good thing plays right into his hand. by the time you get those shares the cult will be crazy over entourage, the shares will increase the o/s by 250% thus dilute the pps by 250% & you'll be right where you were when cmkx started, a broke company with a bunch of claims & no money to drill or test or anything & UC & family are millions richer.
Posted by bill1352 on :
As CMKM is effectively a non-operational company holding only the Entourage shares and intangible assets, Urban Casavant will remain as the sole officer and director of CMKM until the Task Force identifies all bona fide CMKM stockholders and all of the affairs of CMKM are wound up.
in·tan·gi·ble ( P ) Pronunciation Key (n-tnj-bl) adj. Incapable of being perceived by the senses. Incapable of being realized or defined. Incorporeal.
n. Something intangible, especially an asset that cannot be perceived by the senses. Often used in the plural: intangibles such as goodwill and dedication. Law. Incorporeal property such as bank deposits, stocks, bonds, and promissory notes. Often used in the plural: a state tax on intangibles.
in short all thats left are the entourage shares. what a scam...everything gone, shareholders at square 1 minus millions spent buying cmkx & the new company is broke & dilution is in full swing. jail is too good for UC & pals.
Posted by Ric on :
I am not reaching for anything legal. You are the one promoting false statements of settlement. You are the one that told everyone here that the American Mine shafts were still CMKX's. I know why your getting shares in Entourage and its for two reason. One is UC and family frontloaded it and is going to make another killing off CMKX shareholders. And second he needed a way out so 50K people didn't come after him. This gives him a year of restricted share time to finish covering his tracks and stay off civil litigation. He know by given this token jester that people like you will not look at what the real problem has been and that is that UC dumped 691 billion shares on the market for profit. UC thrives on people like you that make up dreams because you got a little something with dreams of something else. It is a common con man ploy on the naive.
Posted by legaleagle on :
bill, you seem to be missing the point that UC isn't engineering this train. It's IBM and Stoecklein with Frizzell along for the shareholders.
And for everything you are saying, these gentlemen would have to be complicit criminals in the largest rip-off in history.
Your arguments are worn thin bill. I don't think even your Merry Men want to get into calling a man like IBM or Don Stoecklein, felonious criminals.
Posted by stockster5 on :
13,820 to one reverse. Thats 72 shares in ETGMF for each million of CMKX you own. NAAA. 25000 to 1 reverse splits are common. Look at pccr, plma, etc.... If you watch any of the cable news channels, otc exchange is almost invisible. In the real world, nobody cares a chit about penny stocks except us penny investors. I can't even find cmkx in the wall street journal search. OTC and PINK sheets almost operate in a vacuum. This isn't the biggest thing on wall street. It's small potatoes out there. But it is a pile of hash browns to us. How the hell can cmkx even be important if it doesn't even show up in Barron's, Investor daily or any national publication. This is minor league. It's important to me, but when people make remarks that cmkx is going to crash wall street, you just have to be so full of chit, I can smell it coming from my speakers.............GET REAL Again, people, all you have to do is go back last year to the SGGM spike and read what was pr'd and bait switched by UC and you will see entourage for what it truly is..............an incredible opportunity to make millions.....for UC and gang.
S5
Posted by stockster5 on :
But, lets watch GEMM and USCA eh? Still trading at this moment. But for how long who knows.
Posted by stockster5 on :
God Legal, will you STOP with the largest rip off in history ****.....(now you got me cursing) you have a short memory, does Enron, Kmart or the real estate banking scandals ring a bell. Cmkx isn't even a 2nd from last page paragraph in the national enquirer compared to real world rip offs. And 90% of those people are still walking around free still. The least you can do is keep it in perspective. YOU are starting to grate on the collective nerves here. I came to allstocks for stock information and got sucked into this cmkx black-hole which I hope implodes on itself flings itself backasswords to the far reaches of the universe............................ S5
Posted by tarq3 on :
FRIZZELL LAW FIRM 305 S. Broadway, Suite 302 Tyler, Texas 75702 (903)595-1921 E-Mail jmartin*cmkxownersgroup.com
Greetings Group Members and all CMKX Shareholders,
If you have not received a copy of the press release from the company today, please go to our website and read it. (www.cmkxownersgroup.com) It is an important press release that will affect your rights to receive Entourage stock which has been acquired for the sale of certain company assets.
I have agreed to be a member of the Task Force appointed by the company to help in distributing certain assets of the company. I am convinced it will be helpful to the shareholders for me to work with Don Stoecklein and Bob Maheu as this distribution occurs. There is much discussion among the shareholders about the pros and cons of the Entourage transaction and this cert pull ordered by the company to identify the shareholders. Whether you are in agreement with the Entourage transaction or not, I strongly encourage all shareholders to join together in this campaign to identify the stockholders of this company.
There are many factors which I believe have brought us to this point in the saga of CMKX. Without engaging in a lengthy discussion of all such factors, there is no question in my mind that this stock has been manipulated by the third parties for quite a while. I remind you of the Jefferies letter that was uncovered in the administrative hearing. The SEC has resisted giving us proof of massive fails to deliver in this company until coincidentally a final revocation order was entered. I may now be able to get information that you have been entitled to receive for months. Brokerage houses have refused to answer all of my requests for information about short positions in this stock even though they have a fiduciary duty to you to disclose such facts.
Our office has already received numerous complaints from shareholders that are having difficulty getting certs from their brokers. I fully expect this to get worse. This office is aware that most brokerage houses are unable or unwilling to help you obtain certs to which you are entitled. You should request written documentation from the brokerage houses and forward any responses you receive to the Task Force and my office. You have read from the last two company press releases that Bob Maheu, with the company’s consent, is prepared to institute litigation to see that all shareholders are identified and that all shareholders receive their proportionate share of the distribution. I will join Mr. Maheu and Mr. Stoecklein in their efforts on your behalf.
The press release from the company today informs you that a web site is being built to facilitate communication between the shareholders and the task force. You are directed to make your inquiries through the task force site at www.cmkmtaskforce.com . The company secured this site for the sole purpose of providing information to the shareholders during this shareholder identification process. If you have any ideas regarding the content areas for this site, feel free to make your suggestions.
You will be directed by the information on the Task Force website to fax copies of your certs to a designated number. You should keep your original cert in a safe place. We do not believe at this time that it will be necessary to send your original cert to the company. The directions for faxing will be clearly posted on this site next week. I am told this site should be fully functional by mid week of next week. Your patience will be greatly appreciated during this time.
Obtaining an accurate list of the many thousands of CMKX shareholders will be a daunting task. I look forward to working with all of you to make this list as accurate as possible.
Onward,
Bill
Posted by TANGO42 on :
quote:Originally posted by Ric: 703 billion minus 12 billion (UC and family own) equals 691 billion shares divided by 50 million equals 13,820 to one reverse. Thats 72 shares in ETGMF for each million of CMKX you own.
DID You forge about the 87.5 % of SELLERS from 14c that lost thier shares from revokation process ? You will be lucky to have 20b shares in OS.
Posted by Ric on :
No I didn't but if you were able to read then you would know that the Master Shareholders list proved that wrong. So please quite bringing up false statements.
Hate to be rude but it is in black and white. Anyhow the 14C never said they got 87.5% it said they were allowed to buy up to 4.9% apiece if they so inclined. Didn't mean they did. Thats the huge problem. The cult takes one small word in a document and turns it into something it is not.
But no matter what the Master list proof that was not true. And the list of names and corporation given shares by UC were Surrendered and no longer held.
Posted by TANGO42 on :
RIC It could not take effect until this last week( revokation /appeal in federal court)Obviously you have not been around since 2000. Here is another thought: General consensus is that a share is a share is a share until today when it became a share is a share but not a cert- Next week it will be a cert is a cert is a cert unless counterfiet ! RIC: I beg to differ the 14c called out exactly the percentage of SELLERS- I know because they left me out(which I am challenging)
Posted by Ric on :
Give it a break. You are posting a lie that you have no knowledge of. How far will you take this. How did they get those shares if shareholders already owned them. Your statement would mean that o/s was increased by 900% so they could retire 89%. Because the MASTER SHAREHOLDERS list already showed who owned and where 703 shares where at. Period. And it was by the so called sellers.
Posted by Ric on :
Do you need a copy of it (Master shareholders list), I have it in excel format.
Posted by TANGO42 on :
RIC better be careful about calling people liars ! I have the MSL and know it to innaccurate because has not handle my several transactions as they happened
Posted by Ric on :
I have the proof that what you say is false and the evidence was posted that your statement is false many times over so call it what you want.
Posted by Ric on :
Then the TA needs to go to jail because it was a subpenia document for a court hearing and giving false information is a federal offense.
Posted by DIGDOUGH on :
Ric do you know if this includes spinoff dividend stocks that were issued also?
Posted by TANGO42 on :
RIC; By know you should know that The DTCC licenses the T/A and tells them when to issue certs. Wether above o/S or not kinda like certs on loaned out shares 2-3-4-5-6-7 times. As a matter of fact these certificates carry "special" number to track them that do not appear on the old certs- ANOTHER FACT certs Now are maroon the real certs are GOLD( cusp #23244N102) DIGDOUGH: This is a CMKX liquidation only- the divy "marker" stand until worked out
Posted by Ric on :
As far as what?
SGGM is revoked so it is not tradable now. The other dividends supposed to be able to have restrictions lifted but it will take from $150-250 dollars to have your broker turn in the restricted shares for unrestricted shares. SGGM divy's that were never given can not be given IMO because of the restriction on revoked stocks.
From the Securities Exchange Act of 1934, Section 12 -- Registration Requirements for Securities:
No member of a national securities exchange, broker, or dealer shall make use of the mails or any means or instrumentality of interstate commerce to effect any transaction in, or to induce the purchase or sale of, any security the registration of which has been and is suspended or revoked pursuant to the preceding sentence.
Posted by TANGO42 on :
RIC : Once again bad info- SGGM was never a divy of record (Rumored yes) and the other divys are in thier second year which requires the 144 opinion letter to clear but after two years expire on thier own- If you come to the public boards best you get the facts straight Ask Legal he seems to post a lot of stuff like this to learn !!
Posted by Ric on :
Besides Tango the PR today was clear. The O/S is 703 billion shares and the only ones not recieving divy's is immediate family and UC. Even if wht you say is true which is impossible but give you your illusion they are not exempt from getting divy's. They would get them just like you. The PR was pretty clear. If people would quite making it and the 8-K out to be more then it said.
Thats the problem. The company tells you something and you refuse to believe it and make up your own truths.
Posted by Ric on :
quote:Originally posted by TANGO42: RIC : Once again bad info- SGGM was never a divy of record (Rumored yes) and the other divys are in thier second year which requires the 144 opinion letter to clear but after two years expire on thier own- If you come to the public boards best you get the facts straight Ask Legal he seems to post a lot of stuff like this to learn !!
I never said it was but many of the cult thought it was. No matter at this point it can't be given as divy's. But still the 200 billion shares disappeared.
Posted by TANGO42 on :
RIC : So tell me who owns SGGM ? 200b disappeared you say to where? Have you read the companys last statement ? It appears you are way out of your league in keeping up with research.
Posted by Ric on :
Legal seems to post a lot of rumors and theories. Very little facts. Like the "sellers" owning 85%. That was never said as a fact. It was made up with a statement were seller were able to buy some shares when CMKX had little shares. They take that and made it into a conspiracy with no proof that it ever happened. Like those that claim settlement when there has never been a settlement announced by the company or in the works.
Thats the problem with the cult. They make up things and pass it off as facts. They take one word out of a document and make it out to be something its not and grow it into a whole story. Like the "street name" event, and recently the other assets. Take one word out of context and make it into a falsehood passed off as facts.
Posted by TANGO42 on :
RIC: SO sorry: don't make me post a copy of the 14c and embarrass you_ AS for LEGAL i have seen his posts from other places /different names and NEVER could I describe his posts as rumors or theories- simplys seems to me to put aout a great deal of info on many topics. Actually as I think on it I believe LEGAL has already posted that here. on the last thread OF COURSE it will be easy to say it ain't so.
Posted by Ric on :
You can't embarrass me, I have a copy of the MSL that proves where the shares are at. Sorry.
It is sort of like that post Legal reposted the other day. Someone takes 703 billion and divides it by 50 million divy and get 14,060. Then they take that number and use it in a wild math problem from Entourage to show that CMKX has 103 billion shares. It was so funny it was pathetic. Take an answer from one problem and use it in an entirely unrelated problem to come up with a new number that you like better. It would be funny if not for the fact that people posted all over the Internet as fact. Again making up things and passing off as facts. Thats the problem Tango, they take numbers out of a document and insert them into their own equations to come up with numbers they want. But they are basically clueless and the cult seems to take it as truth.
Posted by will on :
Van, you're a farmer, I shouldn't have to explain the difference between bullchit and horsechit to you.
Posted by Otttoman on :
quote:Originally posted by Ric: As far as what?
SGGM is revoked so it is not tradable now. The other dividends supposed to be able to have restrictions lifted but it will take from $150-250 dollars to have your broker turn in the restricted shares for unrestricted shares. SGGM divy's that were never given can not be given IMO because of the restriction on revoked stocks.
From the Securities Exchange Act of 1934, Section 12 -- Registration Requirements for Securities:
No member of a national securities exchange, broker, or dealer shall make use of the mails or any means or instrumentality of interstate commerce to effect any transaction in, or to induce the purchase or sale of, any security the registration of which has been and is suspended or revoked pursuant to the preceding sentence.
Geezus, Again with the Securities Exchange Act of 1934. That's at least twice today that you've used that as some lame reference to support your lame theories. It's simple folks, according to the PR, provide CMKX certs and you get divys. Don't provide certs, and guess what, no divys. Wow, pretty complicated. If you sold all your CMKX shares, guess what, your locked out, no CMKX certs or divys for you, sorry for your luck, have a nice day, go buy your own Entourage stock. No bashing or theories are going to change what was stated in the PR. We finally have information that's straight forward and precise enough for even most people on this board to comprehend, yet the bashing and theories continue. Your either locked in or your locked out of the deal, and no amount of BS theories or even the great Securities Exchange Act of 1934 are going to change that.
Posted by Upside on :
quote:Originally posted by Otttoman:
quote:Originally posted by Ric: As far as what?
SGGM is revoked so it is not tradable now. The other dividends supposed to be able to have restrictions lifted but it will take from $150-250 dollars to have your broker turn in the restricted shares for unrestricted shares. SGGM divy's that were never given can not be given IMO because of the restriction on revoked stocks.
From the Securities Exchange Act of 1934, Section 12 -- Registration Requirements for Securities:
No member of a national securities exchange, broker, or dealer shall make use of the mails or any means or instrumentality of interstate commerce to effect any transaction in, or to induce the purchase or sale of, any security the registration of which has been and is suspended or revoked pursuant to the preceding sentence.
Geezus, Again with the Securities Exchange Act of 1934. That's at least twice today that you've used that as some lame reference to support your lame theories. It's simple folks, according to the PR, provide CMKX certs and you get divys. Don't provide certs, and guess what, no divys. Wow, pretty complicated. If you sold all your CMKX shares, guess what, your locked out, no CMKX certs or divys for you, sorry for your luck, have a nice day, go buy your own Entourage stock. No bashing or theories are going to change what was stated in the PR. We finally have information that's straight forward and precise enough for even most people on this board to comprehend, yet the bashing and theories continue. Your either locked in or your locked out of the deal, and no amount of BS theories or even the great Securities Exchange Act of 1934 are going to change that.
Good luck with those restricted Entourage shares Ottoman. What do you figure the pps will be in 2008 when you can trade them?
Posted by will on :
Ric, you're talking to a pig farmer and brick wall. Calm yourself, relax. Go do some T/A. I put up a few stocks : OMOG , INSN , BWDI .
Posted by stockster5 on :
Lets see upside, couldn't those entourage be converted back into cmkx, as cmkx can be resurrected later when noone remembers the name.
Posted by stockster5 on :
Hey Will, I hold insn, is that good, or another cmkx?
Posted by will on :
What price you in at? None of these pos pennies are anygood if you ask me. I think INSN would make you money if you bought at .0007, and just waited until they waltz it out there for another run around the track. Might hit .0011 / .0012 on a little run. God knows how long you'd have to hold it. I tried to buy at .0006 today, they wouldn't trade under .0007, pricks.
Posted by Otttoman on :
Upside...Blah, Blah, Blah. First you all say that CMXK share are worthless and that all is lost for the koolaide drinkers. Now that it's been officially announced that CMKX cert holders will actually get divys for their shares, you start bashing the divys. Were is your evidence that the divys (Entourage shares) won't be able to be traded until 2008...more basher BS! I can wait until 2008 to trade my divys if it comes to it...at least I'll have them. My divys are coming, are yours? Or did you sell out too early to be locked in. Either way I don't care, I'm covered.
Posted by stockster5 on :
cmkx aside, here's a little straight forward DD example thats black and white......Pick sub penny issue, do a financial profile, if company shows no income in the last 3 years, but issues a couple bil in shares per year and lists 100's of thousand in yearly administration and salary costs .... and only 3 employees.. WHAT does that show you...?? It shows 3 people living well off YOU and ME the small investor while the only product that company has is O/S of its stock.!!! Why is that so hard to understand. We are just trying to catch the ups and downs. To think about legacy stock in the sub penny mud is perhaps delusional at best. Well, I feel better now. S5
Posted by tom548 on :
I know when stock CMXK went down from $.0001 to $.0000. I sold it all with $.0001 before It Freeze until now. I learn the lesson from PCCR changed to PCCN.
Posted by Upside on :
quote:Originally posted by Otttoman: Upside...Blah, Blah, Blah. First you all say that CMXK share are worthless and that all is lost for the koolaide drinkers. Now that it's been officially announced that CMKX cert holders will actually get divys for their shares, you start bashing the divys. Were is your evidence that the divys (Entourage shares) won't be able to be traded until 2008...more basher BS! I can wait until 2008 to trade my divys if it comes to it...at least I'll have them. My divys are coming, are yours? Or did you sell out too early to be locked in. Either way I don't care, I'm covered.
You're getting restricted (Rule 144) shares. They can be unrestricted after a year by paying a fee, obtaining an opion letter from the issuers counsel, and filing with the SEC. They become free trading after a two year holding period. Assuming they're issued at some point in 2006, that takes you to 2008 before they're free and clear of all restrictions.
Posted by stockster5 on :
Will, I wish... I'm bleeding. It's embarrassing, I came in at .0025 I think. Ouch. Not much in, so I'm not breaking my budget.
Posted by will on :
I hope they run it hard for you, stockster, but it might be awhile before you see even. Sorry for you trouble, man, Good luck!
Posted by Otttoman on :
quote:Originally posted by Upside:
quote:Originally posted by Otttoman: Upside...Blah, Blah, Blah. First you all say that CMXK share are worthless and that all is lost for the koolaide drinkers. Now that it's been officially announced that CMKX cert holders will actually get divys for their shares, you start bashing the divys. Were is your evidence that the divys (Entourage shares) won't be able to be traded until 2008...more basher BS! I can wait until 2008 to trade my divys if it comes to it...at least I'll have them. My divys are coming, are yours? Or did you sell out too early to be locked in. Either way I don't care, I'm covered.
You're getting restricted (Rule 144) shares. They can be unrestricted after a year by paying a fee, obtaining an opion letter from the issuers counsel, and filing with the SEC. They become free trading after a two year holding period. Assuming they're issued at some point in 2006, that takes you to 2008 before they're free and clear of all restrictions.
Whew, when I first started reading this I thought I was getting banned from the board.
If this is true then I'll answer your original question. I think they'll be worth $15/ share by the time I can trade them in 2008. (that should get some good responses. bash away boys)
Posted by Ric on :
Ottaman, I said that so what is your point. I said cert holders would get shares and non wouldn't. Exactly what you said. So not sure what your blathering is about.
Posted by Upside on :
quote:Originally posted by Otttoman:
quote:Originally posted by Upside:
quote:Originally posted by Otttoman: Upside...Blah, Blah, Blah. First you all say that CMXK share are worthless and that all is lost for the koolaide drinkers. Now that it's been officially announced that CMKX cert holders will actually get divys for their shares, you start bashing the divys. Were is your evidence that the divys (Entourage shares) won't be able to be traded until 2008...more basher BS! I can wait until 2008 to trade my divys if it comes to it...at least I'll have them. My divys are coming, are yours? Or did you sell out too early to be locked in. Either way I don't care, I'm covered.
You're getting restricted (Rule 144) shares. They can be unrestricted after a year by paying a fee, obtaining an opion letter from the issuers counsel, and filing with the SEC. They become free trading after a two year holding period. Assuming they're issued at some point in 2006, that takes you to 2008 before they're free and clear of all restrictions.
Whew, when I first started reading this I thought I was getting banned from the board.
If this is true then I'll answer your original question. I think they'll be worth $15/ share by the time I can trade them in 2008. (that should get some good responses. bash away boys)
What do you base your $15.00 per share on?
Posted by Ric on :
quote:Originally posted by will: Ric, you're talking to a pig farmer and brick wall. Calm yourself, relax. Go do some T/A. I put up a few stocks : OMOG , INSN , BWDI .
LOL, I will look at them tomorrow night I promise.
Posted by will on :
Ric T/A CMKX chart. I'll post it next post.
Posted by will on :
Posted by will on :
What the heck! There's nothing there. How you going to analize that? Oh! Wait, it's been anal-ized here for the last couple of years. You would want to analyze it. legal and company anal-ized it enough.
Posted by Ric on :
You know its alright for you to call some of us bashers for telling the truth and giving the facts. Yet none of you will admit that you know very little about investing and made a bad choice. These theories and rumors that you keep passing off as fact are just about the worst form of investor manipulation that someone could have but over on investors. And now like UC did you are covering it up by trying your best to make a bad situation look like gold. Good luck with your ETGMF shares. Entourage has all but admitted that they wouldn't allow CMKX shareholders to take control. So by the time your shares see the light of day ETGMF share will be diluted to where your shares are worthless. Now that is IMO but wait and see. But facts are that the Casavants illegally frontloaded a company they were about to give claims too. So I see more SEC problems soon.
Posted by Ric on :
quote:Originally posted by will: Ric T/A CMKX chart. I'll post it next post.
I tried Will but for some reason everytime I enter CMKX I get this message.
"cmkx" security is not recognized.
Please try one of the options below:
Posted by Ric on :
lol
Posted by will on :
They're just rockheads, man. I been thinking who's crazier them or me. They're nuts and I try to argue with them. It's kinda like trying to explain to a guy in a nut house that the drinking fountain isn't a urinal. You'll never convince him because it works for him, and he doesn't know any better, he's NUTS !
Posted by Otttoman on :
quote:Originally posted by Upside:
quote:Originally posted by Otttoman:
quote:Originally posted by Upside:
quote:Originally posted by Otttoman: Upside...Blah, Blah, Blah. First you all say that CMXK share are worthless and that all is lost for the koolaide drinkers. Now that it's been officially announced that CMKX cert holders will actually get divys for their shares, you start bashing the divys. Were is your evidence that the divys (Entourage shares) won't be able to be traded until 2008...more basher BS! I can wait until 2008 to trade my divys if it comes to it...at least I'll have them. My divys are coming, are yours? Or did you sell out too early to be locked in. Either way I don't care, I'm covered.
You're getting restricted (Rule 144) shares. They can be unrestricted after a year by paying a fee, obtaining an opion letter from the issuers counsel, and filing with the SEC. They become free trading after a two year holding period. Assuming they're issued at some point in 2006, that takes you to 2008 before they're free and clear of all restrictions.
Whew, when I first started reading this I thought I was getting banned from the board.
If this is true then I'll answer your original question. I think they'll be worth $15/ share by the time I can trade them in 2008. (that should get some good responses. bash away boys)
What do you base your $15.00 per share on?
Sorry, I guess you missed my first try at sarcasm. Let me try and be more serious for a moment. Okay. I'm ready. To be honest, I have no idea what Entourage shares will be trading at in 2008, but wait for a minute while I get into my trusty time machine and speed off into the future to find out.
Okay, I'm back, and I'd love to tell you what the pps will be in 2008, but the Securities Exchange Act of 1934 prevents me from divulging such information.
Who knows and who cares what the price will be in 2008. If I'm alive in 2008 to check on them I'll be sure and let you know. The important thing is that CMKX cert holders are getting divys (contradictory to all the former theories on this board). If they have value when they can be traded, great, if not, to bad for us koolaid drinkers. In either case, we will live to trade another day and are locked into something that is out of our control at this point. No use complaining one way or the other
Posted by Ric on :
I was thinking the same thing, not that you were crazy that I was, lol
But teaching school drove me crazy. Since retirement I guess that I still need children to argue with. Ain't you glad that I taught math and not English. lol
Posted by will on :
So, at 72 shares per million Entourage shares will have to be worth $1.38 for breakeven. That's after waiting two years to trade them, plus a fee of $150, $250 to unrestrict them. Doesn't sound like a good deal to me. (That's if you bought at .0001). Most of these pinheads bought at an average price higher then .0001. So, .0002, well you do the math, real math, not cult math. at .0002 $2.76 a share, at .0003...........
[ November 05, 2005, 01:01: Message edited by: will ]
Posted by Otttoman on :
Sour Grapes
Posted by will on :
yea, hope you enjoy sucking on your sour grapes. Figure it out for yourself. You really think Entourage will even see a $1 a share. You are nuts if you do. Enjoy!
Posted by Ric on :
Is the Task Force going to make money off this? From what I hear the company will get $5 for every cert pulled. So if 50K shareholders pull certs not counting those that have to have more then one cert do to the size of shares held thats $250,000.00 more that they make off CMKX shareholders even after its dead. But then to the brokers are have a field day with this with $40-$50 dollar cert charges and only a $5 cost to them.
Posted by ed19363 on :
Our office has already received numerous complaints from shareholders that are having difficulty getting certs from their brokers. I fully expect this to get worse. This office is aware that most brokerage houses are unable or unwilling to help you obtain certs to which you are entitled.
I assume we have no recourse if the brokers deny requests for certs??
Posted by legaleagle on :
Ed, I wish I could link you to all of the posts about brokers denying certs, but unfortunately it is not allowed here. But here is one you could use. Nevada Law:
CMKX is governed by nevada law. Is Incorporated in Nevada. Here are the Rights you have as a shareholder under Nevada law NRS 78.235
1. Except as otherwise provided in subsection 4, every stockholder is entitled to have a certificate, signed by officers or agents designated by the corporation for the purpose, certifying the number of shares owned by him in the corporation.
2. Whenever any certificate is countersigned or otherwise authenticated by a transfer agent or transfer clerk, and by a registrar, then a facsimile of the signatures of the officers or agents, the transfer agent or transfer clerk or the registrar of the corporation may be printed or lithographed upon the certificate in lieu of the actual signatures. If a corporation uses facsimile signatures of its officers and agents on its stock certificates, it cannot act as registrar of its own stock, but its transfer agent and registrar may be identical if the institution acting in those dual capacities countersigns or otherwise authenticates any stock certificates in both capacities.
3. If any officer or officers who have signed, or whose facsimile signature or signatures have been used on, any certificate or certificates for stock cease to be an officer or officers of the corporation, whether because of death, resignation or other reason, before the certificate or certificates have been delivered by the corporation, the certificate or certificates may nevertheless be adopted by the corporation and be issued and delivered as though the person or persons who signed the certificate or certificates, or whose facsimile signature or signatures have been used thereon, had not ceased to be an officer or officers of the corporation.
4. Unless otherwise provided in the articles of incorporation or bylaws, the board of directors may authorize the issuance of uncertificated shares of some or all of the shares of any or all of its classes or series. The issuance of uncertificated shares has no effect on existing certificates for shares until surrendered to the corporation, or on the respective rights and obligations of the stockholders. Unless otherwise provided by a specific statute, the rights and obligations of stockholders are identical whether or not their shares of stock are represented by certificates.
5. Within a reasonable time after the issuance or transfer of shares without certificates, the corporation shall send the stockholder a written statement containing the information required on the certificates pursuant to subsection 1. At least annually thereafter, the corporation shall provide to its stockholders of record, a written statement confirming the information contained in the informational statement previously sent pursuant to this subsection.
6. Unless otherwise provided in the articles of incorporation or bylaws, a corporation may issue a new certificate of stock or, if authorized by the board of directors pursuant to subsection 4, uncertificated shares in place of a certificate previously issued by it and alleged to have been lost, stolen or destroyed. A corporation may require an owner or legal representative of an owner of a lost, stolen or destroyed certificate to give the corporation a bond or other security sufficient to indemnify it against any claim that may be made against it for the alleged loss, theft or destruction of a certificate, or the issuance of a new certificate or uncertificated shares.
If anyone denies your right to recieve a certificate for your ownership. they are in violation of the law. Certs are your right under the juristiction of cmkm's governing body. Period.
~Phx
Posted by legaleagle on :
Or this one:
wodan11 Jack of Diamonds
member is online
Joined: Sept 2005 Gender: Male Posts: 456 Location: belgium Antwerp I just got off the phone with TA « Thread Started on Yesterday at 7:36pm »
-------------------------------------------------------------------------------- I just got off the phone with a member of the Transfer Agency currently working with CMKX.
For those of you that know who they are, please do not deluge them with calls. They are over-busy, as you can imagine, taking cert pull requests. Let them be.
I WILL tell you the following: If you have a broker that will not deliver your certs OR you have your shares in an IRA, you CAN GET YOUR CERTS!
Do not give up, nor should you allow the brokers to tell you that you cannot get your certificates.
I learned from my contact at the Transfer Agent that, if your broker refuses to give you your certs, inform your broker that you are CLOSING your account and moving your shares from their brokerage to a new one. BY LAW, the brokerage house MUST give you your certs at that time, or make arrangements to transfer the certs to your new brokerage house. There is NO WAY they can avoid this.
For IRA holders, you can pull certs as often as you wish, as long as you put the certs back into your IRA within 60 days of receiving them. There is no penalty and no cost, other than the fact that you had to pay to have your certs pulled. Depending on your deal with your brokerage house, you may pay anything from 0 to 50 bucks. This is a small price to pay to be included in the dividend of ETGMF shares coming up for "bona fide" cert holders.
Folks, it is my suspicion that more shares exist in "book entry" at the various brokerage houses than actually exist at the Transfer Agent. In other words, the cumulative pool of shares held by all shareholders EXCEEDS the actual number of Outstanding Shares.
The Stock Transfer agent I spoke to said that when a broker accepts your order for stocks, they must have those shares held in street name, allocated to your account. When a brokerage house indicates that it may have trouble filling all the cert requests, this means that THEY DID NOT BUY all the shares when they were purchased. For example, though the cumulative pool of CMKX shares amongst all of XYZ Brokerage House's customers may be 100 million shares, they may only hold 20 million in STREET NAME, leaving 80 million shares in "book entry" but not as certs held in STREET NAME.
When I asked the Transfer Agent who was responsible for making up the difference, he said "The Broker is." And, I asked, if CMKX is revoked and no more shares can be bought, what then?
He laughed and said "Good question...ask your Broker."
So, if the Brokerage house made an executive decision to NOT keep all book entry shares backed by certs in Street name, they are ROYALLY SCREWED.
Regardless, you MUST hold them to task to give you the certs you paid for. It is not YOUR fault that they didn't buy the shares when you did...it is THEIR fault and they are legally liable to get them to you...in any way possible.
You truly are in the driver's seat.
What the company is doing now is demanding that all shares BE COUNTED. This can only be done by demanding certs.
The Transfer Agent contact of whom I'm writing told me that, in all his years as a Transfer Agent, he has only seen one bad cert come across his desk.
See, when a brokerage house buys shares for you, they own a cert held in "STREET NAME" or "CEDE and Company" for you. When you ask for certs, they peel off the number of shares you have and exchange those shares for a cert from the Transfer Agent.
Now, if you paid your money and your brokerage house never bothered to GET the cert in Street name, they will do everything in their power to stop you from getting your certs. It is the BROKER'S responsibility to provide you with the certs you paid for. With CMKX revoked, they cannot buy CMKX shares off the open market, so they are essentially screwed.
Please, folks, do NOT let your broker tell you that you cannot pull certs. Certs are the ONLY valid way to represent the shares that you bought and paid for. Do not accept that the broker does not provide certs. Do not accept that certs cannot be pulled from an IRA account. Do not accept ANY reason at all. If they won't do it, cancel your account and transfer the contents elsewhere.
If you have made it this far, I thank you. I know it's a lot, but it is VITAL to the success of CMKX shareholders that you accept NO EXCUSE for not getting your certs.
If your broker will not order CMKM Diamonds stock certificates for you or says they are not available, please get them to put it into writing and forward that information to
justice*cmkmtaskforce.com If you cannot get it in writing, then forward complete details to the same email address.
The company was forbidden to do a call for certs prior to revocation under threat by the SEC. They were told they would be charged with stock manipulation if they did so. That, in my opinion, is why revocation was welcomed by the company when all other options failed. This is CMKX's "nuclear option" and it is going to rock the financial world when the first shareholder screams that they cannot get certs because the transfer agent has no more. Could happen in a few days or a few weeks but it is almost certainly going to happen. At that point, as STATED IN THE LAST PR, legal action will be taken by Maheu at a federal level. Imagine what will happen when Robert Maheu, who can easily get in front of a camera on 60 minutes or Dateline or any of a dozen major media venues, comes out and states that he is going to sue, on behalf of tens of thousands of CMKX shareholders, Etrade and other brokerages who cannot deliver certificates in CMKX because they knowingly and wantonly placed in our accounts counterfeit electronic shares. Can you imagine the lengths Etrade and other brokerages who are caught in this trap will go to to prevent this from happening? For the brokerages and the shorters of CMKX, Maheu is the most dangerous person on this earth right now and he has tens of thousands of troops backing him up. This could burn Etrade to the ground and they will do everything possible to prevent it. This is it folks, Maheu and Urban have dropped the bomb and the clock is ticking.
Posted by bill1352 on :
ottoman...you need to step back & look at what you are saying. your happy to be locked into a 13,000 to 1 r/s. since when is being locked into an r/s a good thing???? as for the cost of the cert pull that means your not only getting r/s'ed your paying to get r/s'ed. on that point i guess why not...if you have held cmkx this long why not throw another $40 at it, at least you'll get something back from this scam. what you'll get back is stock, restricted or not, in a company with over 100 million in the o/s, (they said they won't let cmkx shareholders take control) a bunch of unexplored mineral claims, broke & in the hole a few million, no money to explore the claims & a few of the ppl that ran the cmkx scam on board. on the positive side the company is canadian still. the canadian exchange went thru a large number of mining company scams a few yrs ago. so many it closed an exchange. thus they watch mining companies & everything they say & do like a hawk. this means if entourage says something its true & there are no hidden messages. they have to give the whole story not pieces or half truths. wanna bet they move to nevada???...lol
Posted by will on :
bill, didn't someone already say they are set up to be a Nevada company already? Read it somewhere. Forgot who said it. I think it was mentioned on the last thread.
Posted by bill1352 on :
"The company was forbidden to do a call for certs prior to revocation under threat by the SEC. They were told they would be charged with stock manipulation if they did so."
prove it. there is nothing out there to say the SEC told cmkx to do anything except report
Posted by bill1352 on :
they have an office in nevada & are registered there so that they can trade on american exchange but they are still considered a forgien company thus the F at the end. but it won't take much to move to american only.
Posted by will on :
The only thing they have proof of is $0.00 in their accounts accross from the symbol CMKX.
Posted by legaleagle on :
bill, your first wrong assumption is the dividend ratio. You first have to determine how much of the OS is in UC's control. If you want to make an assumption, base it on some reasoning. Under extreme SEC scrutiny, Urban has been making many impactive decisions for the company, meaning he has control of 51% of the OS. So knock off about 350 billion that he or family control. Then you have to remove the 144 restricted shares that were used to fuel the naked short. They won't be eligible for distribtions either. So until you have the exact numbers, finally determined, you have nothing to base your ratio on.
Entourage already has a Nevada Office, maybe two. Keep an eye on Entourage Group, LLC.
Posted by ed19363 on :
Thanks for the info, legal. I submitted the form to Ameriturd for my certs. Now I wait and see what happens. So far they have not acknowledged receipt of the form, altho it was filed electronically via internet. At the very least, I can repaper my bathroom....LOL
Posted by legaleagle on :
StormGrey DIAMOND JEDI WARLORD
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Today was Monumental IMO. « Thread Started on Yesterday at 10:43pm »
-------------------------------------------------------------------------------- Let me start by saying that if you are focusing on the value of the ETGMF distribution, you need to re-focus. imo
I'm not even concerned with the value attached to the ETGMF deal, IMO it's not what's key. What's key is the fact that the deal was consummated. It was the event that will be used to trigger the legitimization of the NSS shares. imo.
This whole play has been so perfectly executed thus far imo. When certain entities were holding out on settlements and not closing out their NSS position, the Team decided enough was enough imo. The Team instituted the necessary plan to handle the "holdouts". I think we may have already had substantial settlements in terms of dollars and the amount of NSS already covered, but I also believe there are more than a few entities that refuse to settle (so far anyway, lol!)
This part of the plan is basically saying to the shorts, "We've had enough of you dragging your feet, time to play ball!" Only Maheu is swinging the bat! The ETGMF deal has more to do with the total number of NSS CMKX shares than it does with the 50MIL ETGMF shares. It is the CMKX shares that cannot be covered, period.
Now for those who don't think we have any assets or valuation. I suspect that the company wouldn't have even made the effort today if we didn't have anything of significant value at stake. I truly doubt that the only thing the company had going for it was a NSS position. You simply cannot enlist the caliber of people we have, to fight the NSS on the merits of the NSS alone. Nor would the insiders hold the majority of the A/S if they didn't think it was going to be worth a fortune.
I suspect once the share structure is determined, only then will the company start dropping the valuation bombs. It would be useless to release any of that kind of news right now. IMO I think it would spawn fraud from everywhere if the company announced it had a 40B or 80B dollar asset, and if you wanted a piece of it to send them a copy of your certs!
This is a game of chess, and I believe UC, Maheu, Stoecklein, and the TEAM have already figured out every possible angle to ensure that CMKX shareholders - both electronic and cert holders, and the company have won.
Now in regards to pulling your certs. What's paramount in this action is that you request them and document any difficulties in receiving them. Actually receiving them will imo prove to be next to impossible as the weeks progress - why? Because I have a sneaky suspicion that the lion's share of them are already accounted for.
So then why is the company advising you to pull them if next to none exist? Because the result of that action is going to provide proof beyond a reasonable doubt that fraud has been committed on the part of the DTCC, MMS, and Brokerage firms who sold these counterfeit shares to all you good people - imo.
Is there a risk that the company may lose this battle and leave the NSS shareholders behind to fend for themselves? Yes, BUT highly unlikely imo. If that was the plan, they certainly wouldn't be going through all of the trouble to establish the NSS, they would simply say pull your certs by the end of December to be eligible for ETGMF shares and other assets and leave it at that.
If CMKX shareholders can rise to the challenge and join together to stand up and fight for their rights and combat the fraud and crimes that have belabored them and so many others for so many years, then I think we can in fact expose the criminals for what and who they truly are and make a change in the marketplace now and in the future. I also believe we would be looking at perhaps the largest monetary settlement ever awarded for damages, in US history.
Now is the time to take ownership of responsibilty for your investment in CMKX if you think you deserve to be rewarded at all.
Let's Do It!
Storm
Posted by legaleagle on :
quote:Originally posted by ed19363: Thanks for the info, legal. I submitted the form to Ameriturd for my certs. Now I wait and see what happens. So far they have not acknowledged receipt of the form, altho it was filed electronically via internet. At the very least, I can repaper my bathroom....LOL
Ed, don't forget, from the Master Shareholders List that AMTD purchased 180 billion certed shares directly from CMKX and still had about 135 billion unsurrendered as of the making of that list. They either expended that kind of money because they thought this was the "stock play of a lifetime"; or they were covering the naked short, and couldn't depend on the DTCC. There should be no reason for them to deny you certs, they spent tens of millions not to.
Posted by legaleagle on :
1. Why must 100% of all worldwide CMKM Diamonds, Inc. (CMKX) Shareholders pull certs?
2. Has CMKX been naked shorted?
3. When will the Entourage Distribution be issued?
4. What if my shares are held in an IRA or Overseas Account?
5. What if my broker refuses to issue a Certificate?
Why must 100% of all worldwide CMKM Diamonds, Inc. (CMKX) Shareholders pull certs? The Entourage distribution will ONLY be paid to valid owners of CMKX. The company has determined that the only way to verify that you own valid CMKX shares is if you have physical possession your CMKX. If you choose not to order certificates, you will not participate in the Entourage distribution. The second reason for demanding a 100% certificate pull is determine the actual number of CMKX shares held by all shareholders, worldwide. If the total number of CMKX shares exceeds CMKX’s outstanding share count, this may be due to the existence of Naked Short Shares in the Market. Go to top added/updated * 2005-11-04 14:58:19
Has CMKX been naked shorted? Credible information indicates the number of naked short shares is potentially as high as 2 trillion shares. However, these numbers must be legally confirmed and validated before any action can be taken. That said, the time has arrived for all CMKX shareholders to flex our considerable collective power in this united campaign to achieve justice for friends, families and ourselves. It is our belief that CMKX shareholders have been handed, on a silver platter, the opportunity to become the most formidable force the naked short sale perpetrators have ever faced. Go to top added/updated * 2005-11-04 14:57:53
When will the Entourage Distribution be issued? It is our intent and obligation to assure no CMKX shareholder with certificates is left out! Therefore, we cannot provide a time on when the distribution will be issued, but it is reasonable to assume that just the process of you receiving your valid certificates from the Broker may take several weeks. Go to top added/updated * 2005-11-04 15:03:16
What if my shares are held in an IRA or Overseas Account? We know there are cases where the ability to obtain certificates is problematic: shares held in Individual Retirement Accounts, shares held by certain non-US brokers, and situations where shareholders are not able to pay the certificate fee charged by brokers. However, to participate in the Entourage distribution, you must have a legitimate Certificate. Please contact your Broker and determine the process by which shares held in these types of Accounts can be issued Certificates. As we learn more information on best practices around these situations, we will update this website. Please note that everyone who does pull certificates will be helping to right a monumental wrong that permeates our entire market system. This is an opportunity to participate in a history-making event. Our success may very well hinge on the shareholder community's perseverance in obtaining this proof of bona-fide share ownership. Go to top added/updated * 2005-11-04 14:37:44
What if my broker refuses to issue a Certificate? If you place a request for certificates and receive any type of resistance or refusal by the broker to fulfill your request, please contact us immediately by the email listed below with a description of your circumstances. You should try to obtain something in writing from your broker. Documentation of the broker’s refusal is important An email address has been set up specifically for these kinds of certificate-related problems with brokers: justice*cmkmtaskforce.com. Go to top added/updated * 2005-11-04 15:18:01
Posted by Ric on :
I think its funny though, one person says they are having trouble and they list through whom then 10 follow them and say I just called and had no problems. Just seems funny. But still, when the majority of 50K people try and call all in the same day to get certs there is going to be trouble that sounds normal. But as stated for every one that complains they had trouble they are 10 that say they just did it with no problems. As far as overseas are concerned they knew they would have problems even before the cert call.
Posted by Ric on :
quote:Originally posted by legaleagle: bill, your first wrong assumption is the dividend ratio. You first have to determine how much of the OS is in UC's control. If you want to make an assumption, base it on some reasoning. Under extreme SEC scrutiny, Urban has been making many impactive decisions for the company, meaning he has control of 51% of the OS. So knock off about 350 billion that he or family control. Then you have to remove the 144 restricted shares that were used to fuel the naked short. They won't be eligible for distribtions either. So until you have the exact numbers, finally determined, you have nothing to base your ratio on.
Entourage already has a Nevada Office, maybe two. Keep an eye on Entourage Group, LLC.
Legal if you look at the accountanting books that were posted you will see 1 preferred share there. I know the 14C said that the one was retired but obviously UC issued himself one after he stopped reporting according to the books. But no matter what the Master Shareholders list proved UC and family did not own 51% of common shares, period. Dream all you like it isn't so. Also if you look at the Master Shareholders list, most of the 144 shares had already been converted and the few that weren't were from a few of the 360. And I bet they get shares in Entourage. They may need to convert first I don't no but the Task Force never said they wouldn't get there fair shares.
Posted by legaleagle on :
quote:Originally posted by Ric:
quote:Originally posted by legaleagle: bill, your first wrong assumption is the dividend ratio. You first have to determine how much of the OS is in UC's control. If you want to make an assumption, base it on some reasoning. Under extreme SEC scrutiny, Urban has been making many impactive decisions for the company, meaning he has control of 51% of the OS. So knock off about 350 billion that he or family control. Then you have to remove the 144 restricted shares that were used to fuel the naked short. They won't be eligible for distribtions either. So until you have the exact numbers, finally determined, you have nothing to base your ratio on.
Entourage already has a Nevada Office, maybe two. Keep an eye on Entourage Group, LLC.
Legal if you look at the accountanting books that were posted you will see 1 preferred share there. I know the 14C said that the one was retired but obviously UC issued himself one after he stopped reporting according to the books. But no matter what the Master Shareholders list proved UC and family did not own 51% of common shares, period. Dream all you like it isn't so.
OBVIOUSLY? Where do you find that obvious? The "books" were rough draft. The Sharholders list was at best incomplete. And if accurate, they are still "YEAR OLD" records. Lots of things can happen in a year.
Posted by Ric on :
Yeah lots of things like UC and family selling their remaining 12 billion shares. I was just giving you an out legal from calling UC a crook for using 51% to pass rules without a shareholders meeting. He either lied or he has 1 preferred share that gave him 51% voting rights. No matter what the reconstructed books to date had 1 preferred share listed on it and the master shareholders list proved UC and family did not own 51% of the common shares.
Posted by ed19363 on :
I dont give two pieces of crap for shareholder lists and SEC/DTCC/TA records. This incessant arguing is unneccessary. All I want is some money in return for the money I invested. It's that simple. I refuse to drink Kool-aid, but if I am required to pull certs, then I will pull certs. All these numbers that are floating around are meaningless, because nothing can be proven one way or another. Scrap the whole argument and just send me enough money to cover my purchases. I never did like the idea of being a millionaire, cause the IRS would get most of it anyway. Can we PLEASE knock off the bickering. If UC is a crook, and CMKX was a scam, it will be proven by the passage of time. The same is true in reverse. In the meantime, it's still your decision to buy or not buy ETGMF. The stock market is still a crap-shoot, no matter what company you invest in.
Posted by ed19363 on :
And quit taking my damned stars !!!!
Posted by Ric on :
But for sure we know one thing. After UC and family sold there shares off they were illegally buying up shares in another company after the SEC told UC that he better start filing. It is pretty obvious whta happened there. UC and RG were told by the SEC that their was an error in their 15-G and they need to correct it. RG and UC sit down to figure out what to do. RG suggested that he hire a securities lawyer that was in the dark and a well know personality then reinstate the 15-G. While in the background UC and family was working on a plan to dump CMKX and start a new scam. Because they knew they could never file a financial. They told these people nothing other then to try and file knowing the books need wasn't there. UC took the 5th and let everyone else make this look legit while he set u this new paycheck. After it looked like the shareholders weren't going to hang him from the highest tree, he started his plan. He knew the the cult would buy this new con and start investing in the new company. While all the frontloaded shares become available to see right before the shareholders get their. They now get restricted shares that will never see the light of day until the new company dilutes the shares enough to where ex-CMKX shareholders shares are now not worth anything.
Hows that for a theory Legal. It actually has more facts in it then most of the cults theories.
Posted by Ric on :
Ed chill, its doesn't matter now anyway. Have fun with it. We all know the truth by now. Its just getting legal to admit his error now, lol
But really, what does any of this matter unless the shareholders sue UC and these pumpers.
Posted by Ric on :
Little fact, the brokers would need to short CMKX by 2.5 billion shares just to make what they are getting off shareholders now from this cert pull.
Posted by Ric on :
I said this the other day too. This may not be legal without a written notification to all shareholders.
arnoldjt9 Diamond Finder Joined: Jan 2005 Gender: Male Posts: 55 Location: Prescott, AZ Federal Injunction To Stop This???? « Thread Started on Today at 10:30am »
-------------------------------------------------------------------------------- In speaking with the TDWaterhouse representative last night I was told that there are some serious questions regarding the legality of a CERTS ONLY policy in determining Bona Fide shareholders. The representative stated that its possible that such a policy may require the company to inform ALL SHAREHOLDERS OF RECORD in writing of this new requirement.
In ordering my CERTS last evening, I was also told that because of the massive volume of CERT requests, that there is no guarantee that CERTS can be delivered by the end of the year. The TDWaterhouse Representative also said that they were informed to only take the order from callers, say nothing about costs, and that the order will be processed as soon as possible.
It is also highly possible that an injunction (in federal court) halting any distribution of any CMKX/ETGMF shares or assets may be granted pending a legal review of this CERTS ONLY POLICY (and the current timeframe to deliver CERTS to the "TEAM"). From indications on other boards, and comments from here, it might be beneficial to follow suit with the OG example, and form a collective membership of those who feel they are getting “scrwood”. A class action suit may not get to far, but it could buy additional time beyond the 31 December deadline.
Personally, I too have serious questions concerning a CERTS ONLY POLICY in determining who is a bona fide shareholder. IMO, the Company and the TEAM is taking the easy way out of this mess (that they created in the first place), and I’m going to fight this.
Posted by ed19363 on :
Didnt they say the deadline could be extended in some cases?? I assume a delay in getting certs from brokers would qualify as an acceptable excuse?
Posted by bill1352 on :
Ric you theory sounds about right. add to it UC didn't buy only family & freinds. marthe stewart comes to mind. as for certy only, cmkx is private now not a public company. i don't know for sure but this may exempt them from street held claims as the SEC is now out of the loop.
Posted by Ric on :
I know it applies to LLC's. I know in My LLC that all financial and corporate decisions must be sent to all the partners in writing.
Posted by stockster5 on :
Will, thanks, I appreciate that. But isn't that the risk we all take with the pennies. I can't find my file on insn right now, I have a file on each of my issues and I think that one is at my friends. So, I don't even remember why I picked that one. Nobody answered my question.. If your stock is revoked, is it worthless and are you still a shareholder? Also not entirely sure a common shareholder has any voting rights as a bond holder or preferred.
Posted by stockster5 on :
Aaaand.. don't companies relocate in Vegas because Vegas has almost non existent filing rules for small businesses, outside of Delaware. I KNOW I read that somewhere.
S5
Posted by stockster5 on :
Let's rename this thread......"CMKX, revoked but ass's still to scam"
Posted by Esteban on :
Hi Ed, This is in response to your 10:39 post today. I too have my CMKX shares in a street name with Ameritrade. If one closes their account and they decide unlawfully not to provide the certificates, what proof would we have of ever being a shareholder? I asked a Ameritrade employee over the phone three months ago about receiving my certs. The reply was it would cost me way more than the stock was worth. At that point I dropped the issue.
Posted by Doctoall on :
E-trade charges $40.00 per cert and each cert can have up to 9.9 mil. They state that it will take approx 3-4 weeks to receive a cert.
Posted by Esteban on :
Thanks Doc, I will try to be more specific when I talk to Ameritrade on Tuesday.
Posted by Ric on :
If I had to guess, most here probably should think Frizzell for this. I think he probably forced the issue on cert pull to try a prove his short. I always said there was probably a small short around 200 billion and still believe that. The only problem is those that won't pull Cert because they feel its not worth the money. They may make it were nothing is noticed.
[ November 05, 2005, 17:03: Message edited by: Ric ]
Posted by bill1352 on :
i agree ric only i think the short is more like 60 to 80 million & some of that is gone in the last few months. that article a few pages back sort of backs my number....lets say it averaged 100 million short per day for 2 yrs. that takes us back to when the pumping hit full force. 200 trading days per yr that gives you 40 billion total short. we know from the fax in deal frizzy had most hold 5 to 10 million shares. 10 million shares would get you about 720 entourage shares & cost about $40 more to get certs & $12 more to trade. (ameritrade numbers) if your very very lucky & the pps is .25 by the time you can sell thats $180 minus the $52 or $130 towards covering the cost of the 10 million shares of cmkx/ i dont think a whole lot of ppl will find that worth the time. many will but most may not.
Posted by will on :
bill, you forgot the fee to unrestrict them. That will bring you to about $0 or minus at your .25 PPS.
Posted by Back~in on :
quote:Originally posted by legaleagle:
quote:Originally posted by ed19363: Thanks for the info, legal. I submitted the form to Ameriturd for my certs. Now I wait and see what happens. So far they have not acknowledged receipt of the form, altho it was filed electronically via internet. At the very least, I can repaper my bathroom....LOL
Ed, don't forget, from the Master Shareholders List that AMTD purchased 180 billion certed shares directly from CMKX and still had about 135 billion unsurrendered as of the making of that list. They either expended that kind of money because they thought this was the "stock play of a lifetime"; or they were covering the naked short, and couldn't depend on the DTCC. There should be no reason for them to deny you certs, they spent tens of millions not to.
I turned my request for certs today and received a response saying that I will receive it within 3 to 6 weeks.
Posted by kissme on :
>>>RIC and ALL: Don't under-estimate BOB MAHEU's knowledge of LAW with his BEST lawfirm in the world. They already COVERED all the AVENUES !
Posted by kissme on :
When Iron BOB fights, he never loses. Read his history !!!
Posted by bill1352 on :
well chalk up his first loss Kissme...when he signed on he stated he would bring the company up to date in its filings & fix its problems with the SEC, or words to that effect, cmkx never filed & are now revoked. personally i'd grant old iron bob a lot of leeway on this 1. i'll bet $100 cash money that UC never told him the whole story. proof of that is his testamony in court, no idea what the company was doing or if they had any employees. remember nothing in his statement said he signed on to only fix a NS.
Posted by bill1352 on :
will Member
posted November 05, 2005 20:44 -------------------------------------------------------------------------------- bill, you forgot the fee to unrestrict them. That will bring you to about $0 or minus at your .25 PPS.
are you trying to say that UC or entourage won't pay the cost of switching restricted to unrestricted shares????....lol awwwww come on its all about improving the shareholder value. just because they are charging you to r/s your cmkx shares is meaningless.
Posted by ed19363 on :
quote:Originally posted by will: bill, you forgot the fee to unrestrict them. That will bring you to about $0 or minus at your .25 PPS.
What's another $40, if there's a chance to recoup some of the loss. The most I can get screwed out of this time is $40.
Posted by bill1352 on :
ameritrades fee to unrestrict shares is $250 Ed, not the $40 you need to pay to r/s your cmkx....lol
Posted by ed19363 on :
Bill, sorry, I misread the post...I was talking about the $40 to get the certs. My bad.
Posted by ed19363 on :
.
Posted by bill1352 on :
a little math...not cult math, first grade math. that Dave Patch article has total FTD for the market for a bunch of days in April. not 1 day had a market total over 500 million so lets use that number.
500 million (CMKX FTD) X 200 (yearly trading days) X 3 yrs = 300 billion
not sure what math would make that into a couple trillion but..............
Posted by legaleagle on :
bill, were you not watching days of 40 plus billion shares trading?
Posted by Ric on :
Legal when your dumping 500 billion shares in 7 months there must be some days like that to handle that kind of p&d. But there was more days that it didn't even hit a billion. And even with those 40 billion days the avg. for the year was 2.2 billion. which hardly covers the dump on the market.
Posted by Ric on :
You can tell how many kids this stock has suckered in. Just read their post. Plam, borkers, Ameriturd, and other name calling. Sounds like a little girl frat house.
They believe in magic people that can do anything and fantasy worlds. How many companies have proved NSS and got anything in return? Oh but we have a god named Iron Bob. He may not know anything about whats going on but he will make it right.
Posted by Highwaychild on :
A small pebble makes a ripple across the whole pond.
I tell you what, I'd like something to come out of it, if not for CMKX, then for penny stocks across the board. CMKX did seem to me as if they were "celler boxed" long before all the extra o/s they added.
But just think, what if every shareholder that had a stock on the SHO list pulled their certs. Posted by will on :
"A small pebble makes a ripple across the whole pond."
Highway, you been to China studying in one of those Kung Fu temples again? I think it's time you go watch some football, pudsly. LOL
Posted by Highwaychild on :
LOL, I am. It was a quote by Bruce Lee... I've always liked it. But yes, too many Kung-Fu movies for me as a kid I guess.
Posted by legaleagle on :
quote:Originally posted by Ric: You can tell how many kids this stock has suckered in. Just read their post. Plam, borkers, Ameriturd, and other name calling. Sounds like a little girl frat house.
They believe in magic people that can do anything and fantasy worlds. How many companies have proved NSS and got anything in return? Oh but we have a god named Iron Bob. He may not know anything about whats going on but he will make it right.
HA HA HA Ric, as opposed to the high level of maturity we have seen here in the past. LOLOLOL
Posted by Otttoman on :
quote:Originally posted by Ric: You can tell how many kids this stock has suckered in. Just read their post. Plam, borkers, Ameriturd, and other name calling. Sounds like a little girl frat house.
They believe in magic people that can do anything and fantasy worlds. How many companies have proved NSS and got anything in return? Oh but we have a god named Iron Bob. He may not know anything about whats going on but he will make it right.
Wouldn't that be a "little girl sorority house"?
Posted by bill1352 on :
legal, those numbers are the total for the entire market...every trading stocks FTD. not 1 day did that number cross 500 million. if 1 stock had FTD's that passed the rest of the market combined every day for 3 yrs we would have heard about it by now. the brokers may turn the other way a lot but that kind of short would leave them way to open to lawsuit. no .0001 stock is worth that kind of trouble.
Posted by bill1352 on :
if cmkx was shorted 20% of the markets total FTD every day for 3 yrs it would be 60 billion shorted. my question is, who are you going to blame when this cert pull thing shows no NS??? it may help you in the entourage divy but you will still have had to pay to r/s your cmkx shares & instead of just revoked UC will be gone & cmkx no more.
Posted by Highwaychild on :
Frizz was on the "Task Force" before there even was a Task Force. Now he is on the BOD, if anybody has a good idea of bona fide stockholders I think it'd be him, and Maheu.
Posted by Highwaychild on :
Dardadog always came on here saying you should get Trojans with your certs. Now he was a Allstocks hellraiser LOL. Wonder how he's doing these days...
Posted by Highwaychild on :
How ironic. I didn't even see this post till now. Fitting as now there yet another dividend to be had.
**********************
Dardadog
Member Rated: posted October 25, 2005 10:41 PM -------------------------------------------------------------------------------- Ex-Dividend Dates: When Are You Entitled to Stock and Cash Dividends Have you ever bought a stock only to find out later that you were not entitled to the next cash or stock dividend paid by the company? To determine whether you should get cash and most stock dividends, you need to look at two important dates. They are the "record date" or "date of record" and the "ex-dividend date" or "ex-date."
When a company declares a dividend, it sets a record date when you must be on the company's books as a shareholder to receive the dividend. Companies also use this date to determine who is sent proxy statements, financial reports, and other information.
Once the company sets the record date, the stock exchanges or the National Association of Securities Dealers, Inc. fix the ex-dividend date. The ex-dividend date is normally set for stocks two business days before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.
Here is an example:
Declaration Date Ex-Dividend Date Record Date Payable Date 7/27/2004 8/6/2004 8/10/2004 9/10/2004
On July 27, 2004, Company XYZ declares a dividend payable on September 10, 2004 to its shareholders. XYZ also announces that shareholders of record on the company's books on or before August 10, 2004 are entitled to the dividend. The stock would then go ex-dividend two business days before the record date.
In this example, the record date falls on a Tuesday. Excluding weekends and holidays, the ex-dividend is set two business days before the record date or the opening of the market – in this case on the preceding Friday. This means anyone who bought the stock on Friday or after would not get the dividend. At the same time, those who purchase before the ex-dividend date receive the dividend.
With a significant dividend, the price of a stock may move up by the dollar amount of the dividend as the ex-dividend date approaches and then fall by that amount after the ex-dividend date. A stock that has gone ex-dividend is marked with an "x" in newspapers on that day.
Sometimes a company pays a dividend in the form of stock rather than cash. The stock dividend may be additional shares in the company or in a subsidiary being spun off. The procedures for stock dividends may be different from cash dividends. The ex-dividend date is set the first business day after the stock dividend is paid (and is also after the record date).
If you sell your stock before the ex-dividend date, you also are selling away your right to the stock dividend. Your sale includes an obligation to deliver any shares acquired as a result of the dividend to the buyer of your shares, since the seller will receive an I.O.U. or "due bill" from his or her broker for the additional shares. Thus, it is important to remember that the day you can sell your shares without being obligated to deliver the additional shares is not the first business day after the record date, but usually is the first business day after the stock dividend is paid.
-------------------- "The quality of decision is like the well-timed swoop of a falcon which enables it to strike and destroy its victim." The Art Of War - Sun Tzu
"Do Da Due - But Be Damn Quick About It" Da Art Of Daytrading - Dardadog
Posted by Ric on :
jabber: original email:
Thank you for your patience waiting for our response regarding the shares of CMKX in your account. We understand your concerns regarding this matter, but as a self directed investor, you alone determine what securities you may buy and sell in your account. We do not offer guidance on which securities you may or may not choose to buy or sell.
In response to your questions, unfortunately, there are no guarantees your shares are "real shares". Your statements and trade confirmations serve as official records of your ownership of CMKX. The SEC has instituted Regulation SHO, which was adopted in January of this year and is designed to help deter abusive forms of naked short selling. One of the provisions of Regulation SHO is it requires short sellers to locate borrowed shares prior to the short sale and to close out a short position by purchasing securities of like kind and quantity for any fail to deliver positions that are outstanding over a certain number of days. Under Regulation SHO, until a position is closed out, a broker-dealer may not effect further short sales in that security without borrowing or entering into a bona fide agreement to borrow the security.
Unfortunately, securities of issuers not registered or required to file reports with the SEC, which includes a majority of issuers on the Pink Sheets, may not fall under the requirements of Regulation SHO. Regardless of the size of the short position, there is no guarantee that your shares are "real shares". The SEC has approved a stock borrow program for National Securities Clearing Corporation, the clearing firm that settles most transactions, that permits NSCC to borrow securities from its participants for the purpose of completing settlements if its participants have made those securities available to NSCC for this purpose and those securities are on deposit in the participant's account at the Depository Trust Company. Transactions do not have to go through NSCC to settle, however, so there is always a possibility that there can be a number of shares sold short where the selling party may fail to deliver them.
Your account will continue to show you as owning the shares as long as you continue to hold them. Your statements and trade confirmations serve as official records of your ownership of CMKX.
E*TRADE does not make a market in CMKX, and so it is not holding any short positions in CMKX.
With regards to CMKX being revoked, if you mean if trading in CMKX is halted or suspended, then the shares will remain in your account until the halt or suspension has been lifted. It is also possible that even after the suspension or halt has been lifted, E*TRADE may choose not to accept any buy or sell orders on the security until it is satisfied that there is a resolution to the cause of the suspension or halt in trading of CMKX. It may also be decided that all transactions will be broken after a certain date. If a customer holding CMKX shares were impacted by this decision, their account would be put back to the position they were in prior to their purchase of CMKX. This would include reversing the commissions that were incurred for the purchase of CMKX.
The "broken" action is associated with facilitating a trade adjustment, meaning the reversal of a purchase or sale transaction. If, for example, during a trading halt or suspension, a regulator determined that there were fraudulent shares of the company in the market, it may require that these transactions be reversed, or "broken". Usually, only in extreme cases will it be decided that a transaction will be broken. If a customer is holding shares of a company impacted by this decision, their account would be put back to the position they were in prior to their purchase or sale of that security. This would include reversing the commissions that were incurred for the purchase or sale of that security.
Unfortunately, issues like these can occur with stocks of companies that, generally, have not been current with their reporting and have their shares priced in the pennies. To learn more about the risks of investing in penny stocks, you can visit: http://www.sec.gov/investor/pubs/microcapstock.htm
If the shares of CMKX become delisted, or revoked based on a judge's decision, unfortunately, we would not be able provide you with advance notice in time to order certificates. The transfer agent for CMKX can place the shares in what is referred to as "Chill Status" at any time, and without prior notification. A chill status means that the shares would not be available for issuance in certificate form.
If you would like to order certificates at this time, please select the following from our web-site: Type "Submit a request online" into the Search section at the top of our web-site > Under Checks, Records, and Certificates, select Request a stock certificate. Please allow 4-6 weeks for delivery, and a $40 fee will be charged for this transaction.
Prior to placing your request please verify that we have the correct address on file for your account by selecting the following: Log On > Accounts > My Info.
E*TRADE appreciates this opportunity to respond to your concerns.
I hope this information has been helpful. Please let us know if we've addressed your questions and concerns satisfactorily by clicking the link below and taking a 30-second survey.
Posted by legaleagle on :
1. Why must 100% of all worldwide CMKM Diamonds, Inc. (CMKX) Shareholders pull certs?
2. Has CMKX been naked shorted?
3. When will the Entourage Distribution be issued?
4. What if my shares are held in an IRA or Overseas Account?
5. What if my broker refuses to issue a Certificate?
Why must 100% of all worldwide CMKM Diamonds, Inc. (CMKX) Shareholders pull certs? The Entourage distribution will ONLY be paid to valid owners of CMKX. The company has determined that the only way to verify that you own valid CMKX shares is if you have physical possession your CMKX. If you choose not to order certificates, you will not participate in the Entourage dividend. The second reason for demanding a 100% certificate pull is determine the actual number of CMKX shares held by all shareholders, worldwide. If the total number of CMKX shares exceeds CMKX’s outstanding share count, this may be due to the existence of Naked Short Shares in the Market. Go to top added/updated * 2005-11-04 14:35:14
Has CMKX been naked shorted? Credible information indicates the number of naked short shares is between 400 billion to as much as two trillion shares. However, these numbers must be legally confirmed and validated before any action can be taken. That said, the time has arrived for all CMKX shareholders to flex our considerable collective power in this united campaign to achieve justice for friends, families and ourselves. It is our belief that CMKX shareholders have been handed, on a silver platter, the opportunity to become the most formidable force the naked short sale perpetrators have ever faced. Go to top added/updated * 2005-11-04 14:21:54
When will the Entourage Distribution be issued? If any one shareholder receives the Entourage distribution, then ALL CMKX shareholders will receive the distribution. It is our intent and obligation to assure no CMKX shareholder with certificates is left out! Therefore, we cannot provide a time on when the distribution will be issued, but it is reasonable to assume that just the process of you receiving your valid certificates from the Broker may take a couple months. Go to top added/updated * 2005-11-04 14:37:21
What if my shares are held in an IRA or Overseas Account? We know there are cases where the ability to obtain certificates is problematic: shares held in Individual Retirement Accounts, shares held by certain non-US brokers, and situations where shareholders are not able to pay the certificate fee charged by brokers. However, to participate in the Entourage distribution, you must have a legitimate Certificate. Please contact your Broker and determine the process by which shares held in these types of Accounts can be issued Certificates. As we learn more information on best practices around these situations, we will update this website. Please note that everyone who does pull certificates will be helping to right a monumental wrong that permeates our entire market system. This is an opportunity to participate in a history-making event. Our success may very well hinge on the shareholder community's perseverance in obtaining this proof of bona-fide share ownership. Go to top added/updated * 2005-11-04 14:37:44
What if my broker refuses to issue a Certificate? If you place a request for certificates and receive any type of resistance or refusal by the broker to fulfill your request, please contact us immediately by the email listed below with a description of your circumstances. You should try to obtain something in writing from your broker. Documentation of the broker’s refusal is important An email address has been set up specifically for these kinds of certificate-related problems with brokers: justice*cmkxtaskforce.com. Go to top added/updated * 2005-11-04 14:45:06
Posted by legaleagle on :
Ric, bill, will, doc, ed, has the fire gone out? LOL
Posted by Doctoall on :
quote:Originally posted by legaleagle: Ric, bill, will, doc, ed, has the fire gone out? LOL
What fire? Was there a fire?
Posted by matto on :
yes doc it burned to the ground!
Posted by Marty on :
::knock, knock:: Snow on the roof, and no fire in the furnace....except for those that got burnt...
Posted by Ric on :
quote:Originally posted by legaleagle: Ric, bill, will, doc, ed, has the fire gone out? LOL
Nah its my birthday so I figured that I would be nice today, lol.
Posted by Marty on :
Happy B'day man, 25 again? Posted by Ric on :
I settle for 35 again
Posted by Marty on :
LOL....I'd take 40 back at this point Posted by legaleagle on :
Happy birthday Ric.
Posted by Ric on :
thanks legal
Posted by ed19363 on :
quote:Originally posted by legaleagle: Ric, bill, will, doc, ed, has the fire gone out? LOL
Nope, just quietly waiting the next chapter in the saga. I figure I might get my money back if I dont die waiting.
And happy birthday, Ric.
Posted by Upside on :
quote:Originally posted by legaleagle: Ric, bill, will, doc, ed, has the fire gone out? LOL
It's nice to be remembered.
Posted by Highwaychild on :
LOL, yeah Up... he's fought with you the longest, hasn't he? Will's close.
Posted by will on :
legal, did you miss my post the other night, where I told Ric that I don't know who's crazier, you faithful or me for arguing with you. Well, I needed a few mental health days.
Posted by Otttoman on :
quote:Originally posted by Ric:
quote:Originally posted by legaleagle: Ric, bill, will, doc, ed, has the fire gone out? LOL
Nah its my birthday so I figured that I would be nice today, lol.
Hope you have a Great Birthday Ric!!
Posted by will on :
Happy birthday, Ric! Now go look at the T/A thread: BANY SNIO BTMD
Posted by Upside on :
quote:Originally posted by Highwaychild: LOL, yeah Up... he's fought with you the longest, hasn't he? Will's close.
Yeah but I guess I'm like the red headed step child. Stick him away in a corner somewhere to be ignored. Happy Birthday Ric!
Posted by Ric on :
Everyone forgot Wallace, where's he hiding at anyway?
Posted by legaleagle on :
quote:Originally posted by Upside:
quote:Originally posted by Highwaychild: LOL, yeah Up... he's fought with you the longest, hasn't he? Will's close.
Yeah but I guess I'm like the red headed step child. Stick him away in a corner somewhere to be ignored. Happy Birthday Ric!
Up, I just know the "fire" will never go out with you.
Posted by farpceca on :
I see UC with a lot more legal problems in his future too.
Posted by Esteban on :
I just talked to Helen, a customer service rep. of Ameritrade. A very plesant and helpful person, she directed me to their web site for stock certificates orders. At no time did she put pressure on me to leave the certificates with Ameritrade. The fee is $40.00 and I should have the certificates in 4 to 6 weeks.
Posted by Esteban on :
Does anyone know how Mr. John Dolkart faired in his lawsuit?
Posted by a4realguy on :
Why is this thread still alive? There no longer is a CMKX.
Posted by Upside on :
quote:Originally posted by a4realguy: Why is this thread still alive? There no longer is a CMKX.
Apparently you're unaware of the secret negotiations taking place between CMKX and high ranking government officials? If these negotiations fail and the truth behind CMKX comes out, it will cripple the global economy and cause markets to crash worldwide. The fate of our planet hangs in the balance. That's probably why the thread is still alive.
Posted by ed19363 on :
Not only that, but the new dividends we will be getting will make us all rich men by Spring.
Posted by ACKCANE on :
I've order my certs just because I keep all my ticket stubs to all the concerts I've been to. This was one entertaining show, and I've paid more for many a concert ticket.
Posted by stockster5 on :
I believe UC is also going to be the next President of the United States as well.
Posted by Polarbear17 on :
I beliveUc cant become the next Emperor of the United States because as with every great Culture in history its time has come , Bush will be the last.
Posted by CashCowMoo on :
oh upside just how sarcastic were you trying to be in that last post of yours lol
Posted by Upside on :
Come on Moo. I'm long and strong! You of all people should know that. Didn't you start this ball rolling a year and a half ago?
Posted by viqutorious on :
Are you guys going to order your certificates anyway, given the way you feel about CMKX?
I think it may be a waste of more money but, then again, maybe I'll recoup something.
Thoughts, please?
Posted by digger on :
FYI.....E-trade is automatically ordering certs for all their clients who hold CMKX. Please order your certs. I think you'll be sorry if you don't. imho
Posted by legaleagle on :
You got it digger and viqutorious .
Posted by Ric on :
I think the next p&d will be ETGMF and the same ones that promoted CMKX with no facts to back it up will still make up stories to convince others to buy another scam. This already looks to have illegal insider information going on with the family and friends buying shares long before this deal. And this cert call pays the TA for their services which they probably haven't been paid for in some time like everyine else. You will basically pay $40 to get another worthless restricted shares and another worthless dream pumped by people that should go to jail as in Willy, Sterling, Acca, Jay, and the like.
Posted by Ric on :
Hey do we have to wait until UC retires and all that the shareholders get is token restricted share to here you say we were right?
Posted by kevy0899 on :
I just got off the phone with ETRADE. I tried to order certificates from the webpage and it would not let me. When I spoke with the representative on the phone, he informed me that all ETRADE customers who held CMKX were automatically being sent certificates for their shares. Also he said it would be no longer than 3-6 weeks as they were aware that shareholders needed them by December. So just wanted to inform ETRADE users it looks like you won't have to order certs. fyi
Posted by legaleagle on :
Posts: 1692 Registered: 22-10-2004 Member Is Online
posted on 8-11-2005 at 05:59 PM
tyoung6, In my opinion only, most of the NS were legitimized by the brokerages buying certed shares from UC. We see this happening last Sept when the Master Shareholder List showed AMTD buying 180 billion shares directly from the company. They bypassed the DTCC imo, because they knew this stock was NS to the heavens, and they wanted to cover their liability. This purchase was made immediately after the AS was maxxed to 800 billion, probably designed to help those brokers who wanted to cover.
Now if this was continued on with the other brokerages, a great deal of money was amassed somewhere, probably in a trust account. And to be used to pay a "tender offer" to legitimate shareholders at some point.
A few brokers held out and would not cover. That is why we are pulling our certs. Those of us in legitimate brokers that covered will have no problem getting our certs. And when the "pull" is done, only the crooked brokerages will be left holding the bag and facing the wrath of their members who hold NS shares; or they will have to pay whatever tender the company paid to the bona fide shareholders.
"There is an appointed time for everything, and a time for every affair under the heavens" Ecc 3,1
Posted by bill1352 on :
Originally posted by legaleagle: Ric, bill, will, doc, ed, has the fire gone out? LOL
i thought this was that all important quiet period we have been hearing about???
might be late but happy b-day Ric. i'd send ya a million shares of cmkx but they went & revoked THE STOCKPLAY OF A LIFETIME..... we really should have got an echo hooked up for that statement...lol
Posted by bill1352 on :
noah...you really need drug rehab. tender offer???? get real. why not read what the company, frizzy, mahoo & stocklien just stated in the last week. we are broke, we sold everything before we lost it, the gold claims are gone because we are broke & all we have left are the entourage shares. i will agree there is a large bank account somewhere & it has UC's name on it but i bet the CIA & the FBI couldn't find it...trips to china i hear, a bunch of runs to south america too???? yet UC is getting out of cmkx for health reasons. i'm guessing a severe allergy to jail time.
Posted by bill1352 on :
well isn't that just peachy, i've been banned again from the pb57 cmkx/entourage board. i never even call UC a thief nor did i call cmkx a scam (i think...lol) i even posted the cult hero dave patch's article about cmkx. i did note it showed no sign of a trillion short in cmkx. i did point out the cert pull was in plain english paying for a r/s but that was nice stuff compared to others...lol. banned twice by the cult for posting truth.
Posted by Ric on :
Shoot bill, I thought you knew that pb 57 was only for koolaid drinkers. They don't tolerate any truth on that board. If you can't either come up with an outrageous theory or believe whole heartedly in the ones that are made up then they have absolutely no need for you. You have to be a able to chug at least a gallon of koolaid to even get to speak on that board. I didn't make it past one post on that board.
They even banned the head Admin from pb 66 once.
Posted by stockster5 on :
I called that r/s months ago. I should get some strawberry koolaid for that. Unleaded kind that is. Maybe the pope job will open back up for UC.
Posted by Ric on :
quote:Originally posted by stockster5: I called that r/s months ago. I should get some strawberry koolaid for that. Unleaded kind that is. Maybe the pope job will open back up for UC.
Got to admit, I didn't see that one coming. It doesn't surprise me because the scam can now continue and the koolaid drinkers still don't get it and will help continue the scam. I just wonder how high the dilution will get before the restriction is lifted. And I wonder how deep Koch and the Casavants hands are already in this new scam.
Posted by Ric on :
saskresident Diamond Finder Joined: Oct 2005 Posts: 72 Petro Plus Days - PR's look familar? « Thread Started on Yesterday at 11:50pm »
-------------------------------------------------------------------------------- Petro Plus Inc. - Big Sandy Diamond Exploration - Test Drilling to Commence Business Wire, July 10, 1996
EDMONTON, ALBERTA--(BUSINESS WIRE)--July 10, 1996--Petro Plus Inc. (Alberta Stock Exchange: PPV.A) Follow-up geophysical surveys on Petro Plus' 100 percent owned 60,000 hectare Big Sandy Lake Diamond Exploration Property has confirmed 15 priority anomalies which have geophysical properties similar to those measured over other known kimberlite pipes.
A drill program to test five anomalies located on higher ground has been awarded and will commence on Aug. 5, 1996. -0-
The Alberta Stock Exchange has neither approved or disapproved of the information contained herein.
CONTACT: Petro Plus Inc.
Urban Casavant
(306) 922-6065
(306) 764-0204 (FAX) ================================= Correction Petro Plus - Airborne Magnetic Surveys Completed Diamond Drilling to Commence Business Wire, Feb 8, 1996
EDMONTON, ALBERTA--(BUSINESS WIRE)--FEBRUARY 8, 1996--PETRO PLUS INC.(Alberta Stock Exchange: PPV.A) Detailed airborne magnetic surveys have been completed on Petro's Big Sandy Lake property. The Big Sandy Lake property is located 100 kilometres north of Fort-a-la Corne, Saskatchewan. High priority targets with similar responses to known kimberlite bodies, have been identified. Ground geophysics is planned for March 1996.
On the Devil's Lake Gold property, 90 kilometers north of La Ronge, a contract for a minimum of 1000 meters of drilling has been awarded. Diamond drilling to test the PIT zone at depth and along strike will commence in March 1996.
CONTACT: Petro Plus Inc.
Urban Casavant
President
Public Relations Office
306/922-6065
Posted by Ric on :
Topic: UC and Petro Plus: Pump & Dump And Shorting By UC? (Read 2,371 times) CDLIC God of Diamonds ***** member is offline
[avatar]
Got The CMKX Royal Flush...?
[send pm]
Joined: Aug 2004 Gender: Male Posts: 4,837
UC and Petro Plus: Pump & Dump And Shorting By UC? « Thread Started on Aug 30, 2005, 12:00am » Ok DD hounds. Here is something else to check out: UC's involvement in Petro Plus and the people that were involved in the company with him.
A poster stated the following regarding Petro Plus and UC. I have not researched this, however, there might be something here. Also, look at the names after the following paragraph. There might be some interesting things there also.
Note:
"I dug a little deeper, and found that the president and chairman of the Board of Directors, Urban Casavant, was president of a mining company called Petro Plus. It appears that the share was hyped up on "rumours", and Casavant was accused of shorting the share, before leaving. In other words, a scam. Be very careful. Check out google groups and type in "petro plus".
Here are the others involved with Petro Plus and UC: Randy Studer, Gregory Leia, Ralph Newson and Wayne Goranson appointed directors.
Go for it.
CDLIC
Posted by Ric on :
A blast from the past. A couple years back:
carl131 tic toc- Had a look at CMKX. There's a huge amount of hype on all the bulletin boards, people getting carried away saying it's going to be a 1000 bagger- I've never seen anything like it!. If it sounds too good to be true, then it probably is. I dug a little deeper, and foung that the president and chairman of the Board of Directors, Urban Casavant, was president of a mining company called Petro Plus. It appears that the share was hyped up on "rumours", and Casavant was accused of shorting the share, before leaving. In other words, a scam. Be very careful. Check out google groups and type in "petro plus". There are a lot of threads to get through, a lot of "this is going to the moon" type threads, and also a lot of "does anybody know what is going on?". Here's an example
CMKX released an RNS on Thursday night claiming that their Carolyn pipe is "diamondiferous"- no figures on quality or quantity. I'm sure the stock will fly on Monday, if it's not suspended, as the two other partner companies on the Canadian exchange on Friday doubled before being suspended with all trades cancelled. Something very fishy is going on. I may be wrong, but something's not right.
Good luck
Carl
Posted by Ric on :
So Urban pulled this scam on the Canada stock exchange first. A warm up before coming to America. How many time does he get by with this p&d scams before people get a clue. And now the party starts all over again with ETGMF.
Posted by Ric on :
TRANSMITTED BY CANADIAN CORPORATE NEWS
FOR: PETRO PLUS INC.
ASE SYMBOL: PPV.A
OCTOBER 25, 1996
Petro Plus Halts Stock
EDMONTON, ALBERTA--The management of the Corporation has halted the trading of the Class "A" Voting Shares pending further news.
Urban Casavant resigns
Posted by Ric on :
Whats happened to Petro plus
All 2 messages in topic - view as tree Phil Mywalit Oct 26 1996, 2:00 am show options
Newsgroups: alt.invest.penny-stocks From: "Phil Mywalit" <f...*uniserve.com> - Find messages by this author Date: 1996/10/26 Subject: Whats happened to Petro plus Reply to Author | Forward | Print | Individual Message | Show original | Report Abuse
an anyone fill me in whats happening to petro plus on the ASE Trading was halted.
E. Charters Nov 1 1996, 3:00 am show options
Newsgroups: alt.invest.penny-stocks From: "E. Charters" <echar...*vianet.on.ca> - Find messages by this author Date: 1996/11/01 Subject: Re: Whats happened to Petro plus Reply to Author | Forward | Print | Individual Message | Show original | Report Abuse
Apparently that was so the secretary could raise bail money to spring management so they could do their financials.. --
Posted by Ric on :
Looks like investors in Petro Plus figured out UC was a scammer and called him on it. Lessons not learned this side of the border. When pps tanked UC claimed shorting but the rumor was that UC was the one that shorted the stock. They were climing they would get results back from a report on diamond claims and it never appeared. Soon after too many questions were being raised UC resigned. But he would never scam CMKX investors, right?
[ November 09, 2005, 03:21: Message edited by: Ric ]
Posted by legaleagle on :
Rehashing all that old stuff on Petro Plus, Ric?
Desperate to avoid the answer to why AMTD bought 180 billion shares last Sept directly from the company?
Did they believe this was the Stockplay of a Lifetime...........
Or did they know it had been NS'd to the max and they couldn't trust the DTCC to cover?
Posted by ed19363 on :
Who cares one way or another. IMO, the Casavant name is poison. I wouldnt put a nickel into any company associated with them.
Posted by legaleagle on :
quote:Originally posted by ed19363: Who cares one way or another. IMO, the Casavant name is poison. I wouldnt put a nickel into any company associated with them.
Only in "select places".............like here
Posted by legaleagle on :
quote:Originally posted by Ric:
quote:Originally posted by stockster5: I called that r/s months ago. I should get some strawberry koolaid for that. Unleaded kind that is. Maybe the pope job will open back up for UC.
Got to admit, I didn't see that one coming. It doesn't surprise me because the scam can now continue and the koolaid drinkers still don't get it and will help continue the scam. I just wonder how high the dilution will get before the restriction is lifted. And I wonder how deep Koch and the Casavants hands are already in this new scam.
Here ya go Ric, they have a message board, you can go tell them all about it.
petro plus is an example of what happened in canada a few yrs ago & why the exchange they were on is no longer & UC learned he needed to get out of canada to run the same thing. thus cmkx. on the bright side for the cult as long as entourage stays a canadian company you can believe the prs & they must stay current in filings. also probably why UC is out. just having him on the board of a canadian company could get it halted.
Posted by Ric on :
quote:Originally posted by legaleagle: Rehashing all that old stuff on Petro Plus, Ric?
Desperate to avoid the answer to why AMTD bought 180 billion shares last Sept directly from the company?
Did they believe this was the Stockplay of a Lifetime...........
Or did they know it had been NS'd to the max and they couldn't trust the DTCC to cover?
I did answer that question when you asked it a while back and you read it because you made a response about it something like we will have to wait and see. Selective memory along with the selective reading of PR's.
Here some items that is being selectively passed over.
8-K
Mr. Urban Casavant will remain as the sole officer and director of CMKM until the affairs of CMKM are wound up. As a result of health concerns, Mr. Casavant intends to resign as the sole officer and director effective immediately upon a determination that all shares and other assets of CMKM have been properly disbursed to its stockholders.
CMKM believes it is in the best interest for the company to accept Mr. Mahue’s resignation as a director due to CMKM’s current lack of funds to continue its operations
CMKM continues to be in default on its agreement with Nevada Minerals regarding the American Shaft in Ecuador. CMKM has received several default notices from Nevada Minerals; however is currently in discussion with Nevada Minerals for a possible way to cure the default.
Company had to PR after Frizzell even said that o/s was 703 billion:
At the time of CMKM's revocation, CMKM had 703,518,875,000 shares of common stock validly issued and outstanding.
Frizzell Wrote that there was no settlement to his knowledge. \\ But no one wants to believe that and continues this costant lies about a settlement. You have been told there isn't one and the company never said there was one yet the cult refuses to see the truth.
Posted by bigdogdan2 on :
Hi, I'm new to this and I'm a little confused on the whole ordeal. I have $300 in cmkx and from the email, I need to call Ameritrade (what I go through) and ask for a cert? Do you call customer service? Because a few people say they got an automated response... Later then Entourage will distrubute shares depending on how many cmkx shares we have? How much does it cost to get a cert from Ameritrade, and is it even worth it. I mean if the shares we get are worth less than the cost of the cert, whats the point?
Thanks, Dan
Posted by Upside on :
You can fill out the request form online. If you're not an Ameritrade Apex member it'll cost you $40.00 (I think). If you are an Apex member it's free. If it's free for you I'd say sure, go ahead and do it. If it's going to cost another 40 bucks, well, only you can decide if it's worth it to you or not.
Posted by ed19363 on :
I'm playing CYA. Cover your azz..... Even if it costs $40, I'm getting the certs. Last gasp effort I will not miss IF (my fave word) there is anything coming. Make your own decision, tho...this one is mine. $40 isnt too much to risk, I spend that much on cigarettes.
Posted by bigdogdan2 on :
Which form on Ameritrade would I fill out? I'm looking on the Accounts section and there is a form section, but there is quite a few for stock certficate transfer. I'm not an Apex member so It'll be $40 for me. What do we have to do after we get the certs?
Thanks, Dan
Posted by Upside on :
Go to the "search site" box at the top of your Ameritrade screen and type certificate. It'll give you a link to the cert request form. After you get them you have to fax them somewhere, I don't know where. Legaleagle will be on here at some point today, he'll be able to help you much more than I can.
Posted by Thorn on :
Opps. wrong thread :/
Posted by Polarbear17 on :
I personaly won't be ordering Certs, because i feel that 100k shares of CMKX isn't worth it. Any how isn't the broker resposible to deliver the shares and prove that they are real.So if Td waterhouse sold me fake shares in CMKX then i could sue TD watehouse .
Posted by bigdogdan2 on :
Thanks, I ordered the cert
Posted by legaleagle on :
CMKX Cert Pull INSTRUCTIONS FOR FAXING YOUR CERTS WHEN THE TIME COMES TO DO SO. WE SHOULD HAVE THE FAX PROGRAMS IN PLACE WITHIN THE NEXT FEW DAYS.
PLEASE READ CAREFULLY AND FOLLOW THE DIRECTIONS CLOSELY.
It is very important that you follow these directions or you will cause us to waste much time and energy. Please help us help you.
This fax campaign is for certs only! Please do not fax brokerage statements. Fax only once per account. You will get an e-mail from us as we input your information which will be your confirmation of receipt. If you do not have an e-mail address, make sure you set your fax to acknowledge we received your transmission. Each and every fax has to be entered by an individual into the data base, so do not expect an acknowledgement for potentially several weeks. PLEASE do not call to see if we got your fax.
Do not fax to the Frizzell Law Firm, and do not fax to any other number other than the fax numbers we give you--otherwise your fax will not be counted. Do not e-mail a copy of your certs. (fax numbers to be announced in the next day or two) Faxing is going to be set up in an orderly, structured fashion (we learned our lesson the last time...) We would appreciate your help and understanding as we try to eliminate the bottleneck we experienced before. Once we have received faxes from all who have their certs already, we feel the rest of the process will go smoothly because the faxes will come in as you all receive your certs. If you get a busy signal, please, just re-fax at a later time A schedule will be posted in alphabetical order by last name for when we would like you to fax. If you all follow this plan, frustrations will be kept to a minimum for all shareholders. Of course the fax numbers will be working 24 hours a day, so odd hours will make it easier. We are going to request phone numbers and addresses along with your e-mail addresses to cut down on games that no doubt will be played by those attempting to undermine our process. Any faxes that are sent will be verified by a phone call if we suspect wrong-doing. This will eliminate the total from being skewed, as we will delete any fax that we cannot verify. The totals on the web site will not be automatically updated by the system. They will be updated manually to keep duplications and or illegitimate faxes from affecting the integrity of the displayed totals. We will also have lists from the Transfer Agent to verify your certificate. We will be providing a link on the Task Force web page to a fax cover sheet. That link will not be available until the fax numbers are announced. We have set it up so you can type in the information we have requested before printing, thus eliminating problems in reading the fax. Please do not include any other pages than just the fax cover and your certs. Please do not fax your certs without this fax cover sheet. If you do not have a way to type your info and print, be very careful with your printing (do not handwrite) as it is crucial that the information be transcribed correctly. Those of you who know shareholders that do not have computers or printers, please make copies of this instruction sheet as well as the fax cover sheet so they too can fax properly. If you are faxing multiple accounts, i.e. several family members or friends, each account must be faxed individually. Please do not fax multiple accounts in the same fax or they will be deleted and not counted.
The Task Forces wishes to thank all CMKX shareholders in advance for your cooperation and patience with this process. We will do our best to work alongside you to make the process go as smoothly and painlessly as possible.
Posted by PenDancer on :
Then What??
OK, After all the authentic Certs are all pulled… - and we find out which Brokers and MMs have shorted our CMKX stock - and we find out exactly how many shares are counterfeit…
…then, what??
I would expect these brokers and MMs to be out of reach of our judicial system – using off-shore hedge funds, Swiss bank accounts, etc. - so what leverage do we have to reel in these thieves? What kind of ‘squeeze’ can we expect? How do we bring justice for the shareholders left “holding the bag”?
Posted by Marty on :
CMKM unveils liquidating master plan
2005-11-07 10:49 ET - Street Wire
Also Street Wire (U-*SEC) U.S. Securities and Exchange Commission Also Street Wire (U-ETGMF) Entourage Mining Ltd
by Lee M. Webb
CMKM Diamonds Inc., Saskatchewan native Urban Casavant's recently revoked pink sheet promotion, has unveiled its dubious master plan for a liquidating distribution of assets consisting of 50 million shares of Vancouver-based Entourage Mining Ltd.
As previously reported by Stockwatch, virtually on the eve of CMKM's revocation, cash-strapped Entourage entered into three agreements to acquire the pink sheet promotion's Saskatchewan mining interests in exchange for 50 million shares.
Entourage, which trades on the OTC Bulletin Board, has not yet announced that the deals, only two of which were directly negotiated with CMKM, have been consummated.
Nonetheless, Mr. Casavant, CMKM's only officer and director, is already forging ahead with winding up the revoked penniless promotion and distributing the 50 million Entourage shares.
CMKM task force
The proposed liquidating distribution will reportedly be under the oversight of a "task force" comprised of CMKM's Nevada lawyer Donald Stoecklein, 87-year-old former co-chairman Robert Maheu and Texas lawyer Bill Frizzell.
Mr. Stoecklein, who was hired as CMKM's attorney in February, packs some regulatory baggage of his own in connection with a U.S. Securities and Exchange Commission (SEC) action unrelated to CMKM.
The Nevada lawyer was unsuccessful in his touted efforts to guide CMKM through its "regulatory compliance requirements." Indeed, even with the ballyhooed securities lawyer Mr. Stoecklein on its payroll, CMKM seemed to have little grasp of regulations or the company's obligations.
For example, in a March 24 news release commenting upon the SEC's administrative proceeding against the company, CMKM rather snootily remarked that even if the U.S. regulator revoked its registration, CMKM's stock would continue to trade on the pink sheets.
Contrary that incorrect and repeated suggestion in the March 24 news release, it is against the law for any broker to effect a trade in the securities of an issuer that has had its registration revoked, something that should now be abundantly clear to CMKM shareholders stuck with the revoked stock.
In another example of ignorance, if not blatant disregard for securities laws, CMKM provided a false corporate address in an SEC filing submitted by one of Mr. Stoecklein's associates.
Mr. Stoecklein was also unsuccessful in countering the SEC allegations of CMKM's securities violations in the administrative proceeding against the company.
On July 12, Chief Administrative Law Judge Brenda P. Murray decided that CMKM was an egregious, repeat securities violator and issued an initial decision ordering its stock registration revoked.
Mr. Stoecklein did manage to drag the process out for more than three months, during which time tens of billions of CMKM shares changed hands, by successfully petitioning for a review of Judge Murray's initial decision.
On Oct. 24, however, Mr. Stoecklein withdrew the company's petition for review. On Oct. 28, the SEC issued a final order revoking CMKM's stock registration.
Mr. Maheu, a former private gumshoe who spent about 10 years working for Howard Hughes before being fired more than three decades ago, signed on as CMKM's trophy co-chairman for $40,000 per month in January "to improve corporate compliance." (All amounts are in U.S. dollars.)
At a May 10 SEC evidentiary hearing, however, Mr. Maheu's testimony revealed that he did not have a clue about the company's operations or financial condition.
Hearkening back to a job he had half a century ago with the precursor to the Small Business Administration, Mr. Maheu remarked that he "became known as the man with the whip."
"And I still have that whip," Mr. Maheu added, going on to testify that he had used that whip in helping CMKM develop its periodic reports for filing with the SEC.
Alas, Mr. Maheu was evidently oblivious to the fact that his whip cracking had no effect.
Mr. Maheu, touted as the man brought on board to shape up the company, was ignorant of the fact that requested records and documentation had not been provided to the company's bookkeeper and that CMKM's auditor, despite repeated requests, had not received any documentation.
None of the periodic reports were ever filed and with the cashless company headed for revocation, the octogenarian pulled the plug as CMKM's co-chairman on Oct. 20.
Mr. Frizzell rounds out the vaunted CMKM task force.
The Texas lawyer, with no securities experience, is a CMKM shareholder and, like many of the company's cult-like followers, believes that the massively diluted pink sheet promotion's woes can be largely attributed to naked short selling.
Mr. Frizzell was hired last year to represent fellow Texan and CMKM shareholder John Martin in matters related to his flagging investment in the company.
When the SEC instituted administrative proceedings against the company in March, Mr. Frizzell offered to represent other CMKM shareholders at a cost of $25 per person. Approximately 5,000 shareholders originally signed on.
With the help of Mr. Martin, Mr. Frizzell devoted considerable effort and a significant amount of the money collected from the shareholders known as the Owners Group to attempting to establish proof of a massive short position in CMKM.
Notwithstanding Judge Murray's prehearing ruling that short selling was irrelevant to the matters in question, Mr. Frizzell pressed on with his quixotic project. The lawyer's purported evidence of a crippling CMKM short position was never presented for public scrutiny.
After tapping the Owners Group for another $25 per person, Mr. Frizzell moved on to a second phase of representation. Only 2,500 shareholders signed on for the second phase representation.
In spite of the fact that the SEC recently provided Mr. Frizzell with evidence that CMKM delivery failures amounted to a paltry three million shares worth a picayune $300 at the end of April of this year, the Texas lawyer is apparently still convinced that there is a massive short position in the stock.
That conviction, in the face of clear evidence to the contrary, is still shared by many of CMKM's cult-like followers.
Indeed, the so-called "true longs" are heralding the proposed Entourage distribution as a master plan to trap short sellers.
The master plan
Under the proposed plan for winding up the massively diluted company, CMKM shareholders with shares in street name, which account for the majority of the staggering 703.5 billion shares outstanding, will have to obtain certificated CMKM shares in order to participate in the Entourage distribution.
"In order to be considered a bona fide stockholder of CMKM, a physical stock certificate issued in the shareholder's name will need to be presented to the distribution task force for confirmation on or before Dec. 31, 2005, or as extended at the sole discretion of the task force," the company advised in a Nov. 4 news release.
"Electronic and/or other forms of ownership (such as brokerage statements) will not be accepted by the task force as evidence of ownership," the news release continued. "Therefore, CMKM stockholders who hold their shares in 'street name' will need to demand physical certificates from their broker in order to be considered a bona fide CMKM stockholder and be entitled to their proportionate share of the Entourage common stock and any other assets of CMKM to be distributed to its bona fide stockholders."
CMKM shareholders who want to participate in the Entourage distribution under the terms set out by the company will have to ante up the cost of obtaining certificates. The cost, which varies from brokerage to brokerage, could range from approximately $50 to several hundred dollars.
Assuming the distribution of Entourage shares is eventually completed, Canadian shareholders may face further obstacles. Many Canadian brokerages will not accept deposits of share certificates of OTC-BB companies, which will leave Canadian investors scrambling for a place to park their Entourage shares.
While the distribution plan seems simple enough on its face, some veteran market observers suggest that it will turn into a quagmire and the process, if it is ever completed, will drag on for many months.
Critics also question whether Nevada-incorporated CMKM's plan for winding up the company and distributing its assets complies with Nevada statutes and other laws.
Barring intervention from some regulatory or law enforcement agency, however, CMKM, which has never been a paragon of compliance, seems determined to proceed.
Notwithstanding the many unanswered questions and unresolved issues, CMKM's excitable cult-like followers are in yet another tizzy over what they consider to be a brilliant master plan engineered by Mr. Casavant and the company's brain trust.
The Casavant manoeuvre
Some of CMKM's followers are also impressed by another snippet served up in the company's Nov. 4 corporate update.
Among the cockamamie fantasies previously embraced by many of the company's devoted Internet followers, and perhaps still faithfully held by some, was a so-called theory dubbed "the Casavant manoeuvre" that many believed would make them fabulously rich.
A perhaps far less entertaining, but more concrete, Casavant manoeuvre was outlined in the Nov. 4 news release.
"Urban Casavant, CMKM's sole officer and director, has informed the distribution task force that neither he nor his immediate family members will receive any of the Entourage shares in the distribution," the news release reported.
A great deal was made of this arguably largely empty gesture. Indeed, it was given several mentions in the Nov. 4 announcement, including some gushing comments from task force member Mr. Maheu.
"I want to commend Urban and his immediate family for deciding not to share in the distribution of the Entourage shares," Mr. Maheu remarked. "This goes a long way towards showing the Casavant family's continued commitment to the CMKM stockholders."
According to some reports, Mr. Maheu has quite a sense of humour, but there is nothing to indicate that his comments were offered tongue-in-cheek.
Nonetheless, more than a few observers arched an eyebrow over the former co-chairman's characterization of the Casavant family's abstention from the Entourage distribution as a demonstration of continued commitment to CMKM shareholders.
While it is not known exactly how many CMKM shares are presently held by Mr. Casavant and members of his immediate family, if any, it is known that they received and promptly dumped into the market many of the hundreds of billions of shares Mr. Casavant issued, all without so much as a peep to shareholders.
Indeed, by the time the SEC stepped in with its administrative proceeding against the company, Mr. Casavant and members of his family had unloaded the majority of their CMKM shares.
Apparently the task force's greybeard, Mr. Maheu, believes that CMKM shareholders should not be concerned with such trifling bygones.
"This is a time for the CMKM stockholders to look forward towards the future and forget the past," Mr. Maheu remarked after serving up his assessment of the Casavant family's commitment to shareholders.
Many of CMKM's cult-like followers evidently agree with Mr. Maheu and are already polishing their crystal balls and refashioning their fantasies of future riches.
With the help of fodder for febrile imaginations presented on the task force's website, CMKM's faithful followers are particularly reviving fantasies of a massive naked short position and astronomical settlements running to hundreds of billions of dollars.
The website
The CMKM Task Force website is registered to Securities Law Institute, which is owned by Mr. Stoecklein and his close business associate, Anthony DeMint.
Mr. DeMint, who is listed as the administrative and technical contact for the website, controls dozens of blank cheque companies and has been involved with a number of issuers that have had their stock registration revoked by the SEC.
The website, which was registered on Nov. 3, is still under development, but it already offers some fantasy inspiring content, with the promise of more to come.
"We are diligently working on providing additional content to this Website so that it serves as the source of all information for the CMKX Cert Pull demand outlined by the Task Force in the recent Press Release," the task force website home page advises.
A "cert pull" is undoubtedly a phrase that is familiar to many of CMKM's Internet followers. Indeed, it is a rather common refrain on many chat sites hosting discussions of penny stocks, particularly when the wheels start to come off a promotion and the price collapses.
Investors caught when a penny stock promotion collapses frequently place the blame on short sellers. Since shares held in certificate form cannot be borrowed to facilitate a short sale, it is not unusual for investors to raise a hue and cry for a "cert pull," encouraging shareholders to take physical delivery of their shares to combat short selling.
It is not clear that the tactic has ever worked.
Moreover, according to some market observers, gullible investors left holding the bag and loath to accept responsibility for a poor investment decision are far too quick to point the finger at the short selling bogeyman when a promotion collapses. The real reason for the collapse, they argue, almost invariably lies elsewhere, often with the company, its insiders and promoters.
Interestingly, in a Jan. 7, 2003, news release, Mr. Casavant raised the notion of naked short selling, which occurs when shares are not borrowed to effect the transaction, and urged shareholders to take delivery of their certificates.
After suggestively waving at naked short sellers, Mr. Casavant went on to issue hundreds of billions of shares, many of them to friends and family members, without bothering to tell regulators or investors about the staggering dilution.
The spectre of naked short selling is repeatedly raised in the frequently asked questions section of the CMKM task force website.
After declaring that only shareholders who have physical possession of CMKM share certificates will be able to participate in the Entourage distribution, the task force website goes on to claim that a second reason for demanding a certificate pull "is to determine the actual number of CMKX shares held by all shareholders, worldwide."
"If the total number of CMKX shares exceeds CMKX's outstanding share count, this may be due to the existence of Naked Short Shares in the Market," the vaunted task force suggests.
A more explicit claim about purported naked short selling is made in a subsequent section.
"Credible information indicates the number of naked short shares is potentially as high as 2 trillion shares," the task force claims, offering no details regarding the source or exact nature of this incredible "credible information."
"However, these numbers must be legally confirmed and validated before any action can be taken," the greybeard and two lawyer task force continues. "That said, the time has arrived for all CMKX shareholders to flex our considerable collective power in this united campaign to achieve justice for friends, families and ourselves.
"It is our belief that CMKX shareholders have been handed, on a silver platter, the opportunity to become the most formidable force the naked short sale perpetrators have ever faced."
While the stated belief of CMKM's vaunted task force resonates well among the company's cult-like followers, some market-savvy critics claim that CMKM shareholders are being shovelled another bill of goods that diverts attention from the massive dilution, mismanagement, misrepresentations and ultimate gutting of the company.
"Please note that everyone who does pull certificates will be helping to right a monumental wrong that permeates our entire market system," the task force goes on to state. "This is an opportunity to participate in a history-making event.
"Our success may very well hinge on the shareholder community's perseverance in obtaining this proof of bona-fide share ownership."
Just when this history-making event or the Entourage share distribution, for that matter, will be realized remains an open question.
The saga continues.
Posted by Upside on :
quote:Originally posted by PenDancer: Then What??
OK, After all the authentic Certs are all pulled… - and we find out which Brokers and MMs have shorted our CMKX stock - and we find out exactly how many shares are counterfeit…
…then, what??
I would expect these brokers and MMs to be out of reach of our judicial system – using off-shore hedge funds, Swiss bank accounts, etc. - so what leverage do we have to reel in these thieves? What kind of ‘squeeze’ can we expect? How do we bring justice for the shareholders left “holding the bag”?
Then what? Then nothing, that's what. This project is doomed to faliure and I think this crock of a "task force" knows it. Put the naked short issue aside for a minute and just think about how large a number 700 BILLION really is. How on earth are you going to get that many shares accounted for in a month and a half? It's not possible. Three guys with a fax machine are going to collect and collate 700 billion shares from some 60,000 individuals? Then there's the distribution to consider. Is it legal for a company to distribute a dividend only to those who managed to hear about this "cert pull" or will it be held up for years and years because they don't have every share accounted for yet? Mahue will be 136 years old, buried under a mountain of certs, and this will still be going on.
If a company has a legitimate reason for it's shareholders to obtain their certs, there's avenues of communication available to them through brokers and mailings. Somewhere, there exists a current master shareholder list, how do you suppose other companys send out proxies, statements, etc.? That brings up another question, there IS a master list that should reside with the transfer agent. Why then this need to gather everyones certificates? Obtain the information from the t/a, send out the dividend and boom, it's done. This is another attempt by Casavant to put off the inevitable slew of lawsuits that will eventually come his way.
Whew, I'm done for now. That felt pretty good.
Posted by viqutorious on :
quote:If a company has a legitimate reason for it's shareholders to obtain their certs, there's avenues of communication available to them through brokers and mailings. Somewhere, there exists a current master shareholder list, how do you suppose other companys send out proxies, statements, etc.? That brings up another question, there IS a master list that should reside with the transfer agent. Why then this need to gather everyones certificates? Obtain the information from the t/a, send out the dividend and boom, it's done. This is another attempt by Casavant to put off the inevitable slew of lawsuits that will eventually come his way.
Whew, I'm done for now. That felt pretty good. [/QB]
I've posed this same question a few times in different places, but never got an answer. Why can't they get that info the same way other companies do when they distribute divies? Maybe not T/A, although they should, but what about DTCC? Somewhere someone knows who owns how many shares and where they are.
Posted by Ric on :
Thats what they tend to be over looking here. Who are they going to sue. They keep saying it is the brokers fault but thats not true. And they have legal standing behind them. Brokers do not make market in the pinksheets period. Market is made through the MM's (market makers) in the pinksheet and no broker makes market for that exchange. So who do you sue, the MM who would file bankruptcy in a heartbeat, the DTCC which has more money then the US government and will fight you tooth and nail, or the offshore hedge funds that you can't touch. Good luck but no one has ever won against them and they differently won;t care about CMKX.
But saying that, what NSS? It hasn't been proven and other then a few cases with customer service reps that don't know there jobs, there hasn't been any problems pulling certs. And the ones that won't pull because they have 401's (real problem with pulling certs there) and those that hold very little shares, will cover the small short at revocation closing.
There is no settlement and there won't be one. The powers that be are laughing at this broken company that is going out of business.
quote:Originally posted by PenDancer: Then What??
OK, After all the authentic Certs are all pulled… - and we find out which Brokers and MMs have shorted our CMKX stock - and we find out exactly how many shares are counterfeit…
…then, what??
I would expect these brokers and MMs to be out of reach of our judicial system – using off-shore hedge funds, Swiss bank accounts, etc. - so what leverage do we have to reel in these thieves? What kind of ‘squeeze’ can we expect? How do we bring justice for the shareholders left “holding the bag”?
Posted by legaleagle on :
Well, Up, first it isn't a divy, it's a "liquidation of assets" and the company has a right to demand proof of ownership if anyone wants to participate in the liquidation.
And it isn't three guys and a fax. I spoke to Bill yesterday and his staff has spent all of their time revamping their mechanical systems to accomodate the crush.
And 700 billion isn't hard to count when certs are coming in for 200 million, 500 million, a billion, etc.
Posted by Upside on :
quote:I've posed this same question a few times in different places, but never got an answer. Why can't they get that info the same way other companies do when they distribute divies? Maybe not T/A, although they should, but what about DTCC? Somewhere someone knows who owns how many shares and where they are.
I'm sure it wouldn't be as simple as I've made it out to be because, well, there's still 700 billion shares to be accounted for but the burden of identifying those shareholders should fall on the company. The shareholder shouldn't have to identify him/herself as a shareholder. In addition, the shareholder should in no way be required to foot the bill for what is in effect a 1 for 14,000 reverse split. Think about that for a minute, what company has the balls to say "we're going to reduce your holdings by a factor of 14,000 and guess what, you're going to pay for it". Casavant, Maheu, etc. have to be shaking their heads and laughing hysterically that they're actually pulling this farce off.
How many times do some people have to get walloped over the head with a board before they've finally had enough?
Posted by viqutorious on :
Ok, can SOMEONE please tell me what the purpose of pulling certs is? 1. It won't prove NSS, if there is any, because not everyone will pull certs. And, anyway, they can easily find out the o/s in people's accts. the same way other companies find out to distribute divies. 2. If the stock is in my acct., then I'm a bona fide shareholder. If electronic shares work for every other pos pink sheet, why is this one different?
Its a monumental task and I would really like to know the purpose. Unless, ok, I'm just dumb and I don't see what everyone else sees. So explain it to me.
Even if the amazing happens and its about some pie-in-the-sky settlement, why can't they go through regular channels to find out who is holding what, where?
Or, I have an idea. They are using this cert pull to let the statute of limitations run out on their criminal activity. That's as good as any other reason.
Posted by Upside on :
quote:Originally posted by legaleagle: Well, Up, first it isn't a divy, it's a "liquidation of assets" and the company has a right to demand proof of ownership if anyone wants to participate in the liquidation.
And it isn't three guys and a fax. I spoke to Bill yesterday and his staff has spent all of their time revamping their mechanical systems to accomodate the crush.
And 700 billion isn't hard to count when certs are coming in for 200 million, 500 million, a billion, etc.
And that proof of ownership exists somewhere or at least it certainly should. Three guys and a fax, 5 guys or 20 guys, it's still a Herculean effort to accomplish in a months time when you're talking about 60,000 people. And aside from a p/r and a web site, what effort is the company and its vaunted "task force" taking to insure every shareholder is identified? None.
Posted by Ric on :
Well it is two reason IMO.
1st reason is to stay off lawsuits against UC by covering up his mismanagement and probable embezzlement. If they can make the shareholders believe this failure is due to NSS and not UC then he gets away scott free.
2nd reason which is also needed to fulfill first, is the fact that I am not sure that you can give dividends to a revoked company because the SEC says that:
No member of a national securities exchange, broker, or dealer shall make use of the mails or any means or instrumentality of interstate commerce to effect any transaction in a revoked security.
Now reading that, I don't see how you can issue a divy to a revoked stock held by a broker. Now if you hold the cert then the above does not apply. But the reason the company doesn't use this excuse is it wouldn't benefit them too. They need to blame this disaster on someone and saying it's to findd NSS places the blame somewhere else.
quote:Originally posted by viqutorious: Ok, can SOMEONE please tell me what the purpose of pulling certs is? 1. It won't prove NSS, if there is any, because not everyone will pull certs. And, anyway, they can easily find out the o/s in people's accts. the same way other companies find out to distribute divies. 2. If the stock is in my acct., then I'm a bona fide shareholder. If electronic shares work for every other pos pink sheet, why is this one different?
Its a monumental task and I would really like to know the purpose. Unless, ok, I'm just dumb and I don't see what everyone else sees. So explain it to me.
Even if the amazing happens and its about some pie-in-the-sky settlement, why can't they go through regular channels to find out who is holding what, where?
Or, I have an idea. They are using this cert pull to let the statute of limitations run out on their criminal activity. That's as good as any other reason.
Posted by viqutorious on :
argghhh!!!! Posted by ed19363 on :
Havent seen this mentioned yet, so I'll do it. Unless my brain cells are fried, this maneuver will accomplish absolutely nothing as regards any short positions. For that to happen, EVERY VALID SHAREHOLDER would have to pull their certs and make the fax call. If even ONE does not do this, the numbers have to come out wrong. You cannot get a total share count if one guy with 100,000 shares doesnt pull and fax. So the count can only be used for the division of shares from ETGMF, nothing else, and anyone who doesnt pull and fax will receive ZILCH!!! Anybody got an argument with that??
Posted by Marty on :
Excuse my ignorance, but when your broker settles a transaction, and your shares are listed with your broker, in your account, this IS proof of ownership. What the UC scam is doing, is continuing the scam, by limiting the number of people who are willing to participate, by forcing them to get physical certs and IMO, doing this to think they can "save face" AND limit the number of " divvy shares " distributed. I think Ric and Upside are right, this probably is illegal. (Consult an attorney for verification). With that, I also think he is doing this, to liquidate EVERY asset that CMKM has, so all the debt defaults are screwed....I smell MANY civil lawsuits coming....JMHO.....GL....
Posted by Highwaychild on :
Something is better than nothing. ETGMF may or may not go up, CMKX will stay where it's at.
Posted by Upside on :
quote:Originally posted by ed19363: Havent seen this mentioned yet, so I'll do it. Unless my brain cells are fried, this maneuver will accomplish absolutely nothing as regards any short positions. For that to happen, EVERY VALID SHAREHOLDER would have to pull their certs and make the fax call. If even ONE does not do this, the numbers have to come out wrong. You cannot get a total share count if one guy with 100,000 shares doesnt pull and fax. So the count can only be used for the division of shares from ETGMF, nothing else, and anyone who doesnt pull and fax will receive ZILCH!!! Anybody got an argument with that??
I do. I believe you own a business, right Ed? Let's say you owned it with 2 other guys, you hold 50% of the stock and the other two own 25% each. You being the majority stock holder decide to liquidate by a certain date. You say that the other 2 guys have to turn in their stock to you by a given date. For whatever reason one of the two can't do it, illness, out of town, whatever. Can you legally say screw him and split the assests 50/50 with the other guy thereby giving him 25% more than what he's entitled to and cutting the other guy out? Of course not. Same principal applies here. If you own 1% of CMKX but only 50% of the shares are faxed in, you're not entitled to 2%, your cut would still be 1%. In my opinion, these shares will never be distributed because they will never get 100% participation. They'll claim they're holding them in escrow or some other cockamamie excuse until all shares are accounted for which will never happen. There are other proper and professional avenues to follow if this truly is the plan of the company. As it is, it's just a stalling tactic to keep shareholders at bay.
Posted by ed19363 on :
Up, I see your point. They will never get 100%, but what is to keep them from issuing the shares to those who DO fax their certs? And maybe hold the rest in escrow?? I dont know, I'm still grasping at straws, trying to get something back in return for waiting several years. I mean, WTF? I could have smoked a lot more cigarettes if I didnt have this money tied up...LOL
Posted by ed19363 on :
Oh, and by the way, they still wont be able to prove NSS with this move, either.
Posted by Highwaychild on :
That's plausible Up. I just hope it gets some publicity. If say 800 billion come up before 2006. It may be all in the NHRA...(lol) UC will want to keep them hotrods going, so he'll need some kind of avenue.
Posted by Marty on :
Here's some funny chit for you guys: http://cmkxdiamond.pro boards 66.com/index.cgi?board=general1
Replace the spaces.....
Posted by Ric on :
I think what keeps any of this from getting publicity is the fact this company dumped 703 billion shares. Legal tries to sugar coat that but everyone that looks at this sees the o/s and wants nothing to do with it and laughs at anyone that tries to say it is legit. No one that is big in the investment world is going to take a pinksheet with 703 billion shares seriously.
Posted by Ric on :
57 is funnier, But I can't go there anymore. It has got so out of hand it is scary to read their posts. They lost all sense of reality on that board.
[ November 09, 2005, 20:39: Message edited by: Ric ]
Posted by Upside on :
quote:Originally posted by ed19363: Up, I see your point. They will never get 100%, but what is to keep them from issuing the shares to those who DO fax their certs? And maybe hold the rest in escrow?? I dont know, I'm still grasping at straws, trying to get something back in return for waiting several years. I mean, WTF? I could have smoked a lot more cigarettes if I didnt have this money tied up...LOL
There's probably nothing to hold up the distribution to the ones who do report in but they'll come up with something. Maybe the fact that the shares are going to be restricted and they can't be given out with differing dates? Who knows, like I said, they'll find a reason, and everyone will praise them for it too.
Posted by legaleagle on :
If you're in you win. If you doubt........ Oh yeah that's right.
Those of you with shares should pull your certs if you want a piece of whatever action is coming. If you don't want it, don't pull your certs. It's that simple.
If 703 billion in certed shares are pulled and the distribution is made and announced, there is going to be a lot of electronic holders surrounding the DTCC with torches and pitchforks. That's when the NS will be obvious.
But don't worry, IMO, the final holdouts will settle. The SEC and DTCC are already being pressured by forces national and international.
As for the naysayers, what's the point? Nobody can get in or out. All of the negativity in the world won't change that.
Posted by Otttoman on :
quote:Originally posted by legaleagle: If you're in you win. If you doubt........ Oh yeah that's right.
Those of you with shares should pull your certs if you want a piece of whatever action is coming. If you don't want it, don't pull your certs. It's that simple.
If 703 billion in certed shares are pulled and the distribution is made and announced, there is going to be a lot of electronic holders surrounding the DTCC with torches and pitchforks. That's when the NS will be obvious.
But don't worry, IMO, the final holdouts will settle. The SEC and DTCC are already being pressured by forces national and international.
As for the naysayers, what's the point? Nobody can get in or out. All of the negativity in the world won't change that.
Good post Legal. Agree 100%. All this BS about the cert pull and divys not being legal, and lawsuits and of course the bashers favorite, the ole Securities Exchange Act of 1936, while it's already started and going on all around them but they just can't see it. The blind leading the blind, or more like the cert-less leading the cert-less. I'd be bitter to if I was too weak to hold out to the end and missed out on what could be a golden opportunity. Oh well, you rolls the dice you takes your chances. Only time will tell who is right and who is wrong, and nothing said on this board or anywhere else means squat. So have your fun bashing away for the next few months boys, then we can come back and talk about who came out on top, the bashers or the koolaid drinkers. Till then.
Posted by Ric on :
Talk about the blind leading the blind. Making up settlement stories and the blind following it like its the truth. Now thats funny. But will you be back here when this settlement fails and NSS falls to the wayside to apologize.
Posted by Marty on :
::STAMP!!:: certified koolaid for everyone (you must be bona fide....sounds like a fu**** to me)! Oh, and there's a new flavor from our koolaid friend....ssshhhh ETGMF....Hey Kool-Aid!!!! LOL
Posted by Otttoman on :
quote:Originally posted by Ric: Talk about the blind leading the blind. Making up settlement stories and the blind following it like its the truth. Now thats funny. But will you be back here when this settlement fails and NSS falls to the wayside to apologize.
I would, but I'm neither pumping nor bashing the "settlement" and NSS issues. That's wishful thinking IMO, and a bonus if it happens. But I do believe that cert holders will get their divys in Entourage with no legal problems or other issues and live to trade another day with the company that now controls the bulk of the former CMKX property. That's where the true potential lies, IMO, and not with the idea of getting rich off of some settlement with the MMs. If cert-holders don't get their divys as promised and this all falls through, I'll be the first one in line here to eat my share of crow pie. But I wouldn't start makng that pie just yet.
Posted by Ric on :
I believe they will get divy's in ETGMF too. But the CEO already said they would be restricted. The legal concern is whether CMKX needs to notify everyone in writing about the cert pull. I don't think it's legal to be selective. Not under SEC rules but under Corporate law. I am a partner in a LLC. I must be notified in writing about any financial or legal company business under incorporation laws. But not to say that divy's won't be given, I am sure they will at some point, a huge r/s basically though. I don't think your getting much of anything else though.
Posted by Ric on :
And I still think it was a way for insiders to make money off CMKX shareholders while making it look like they gave you something in return. They bought up shares long before this deal was let out. Thats the other legal issue of whether insider trading is going on and whether they are making even more money off this deal. That still isn't CMKX shareholders problem but could be UC's. The only way it may be the shareholders problem is if there was a plan with the company before hand and the SEC gets involved.
But you will still get your restricted ETGMF shares no matter if what I say is true or not.
Posted by will on :
Ric, you're getting crazy again. I know they can make you argue with yourself. RELAX !
Posted by Ric on :
Now as far as pulling certs, that up to the shareholder too. Lets say you have 5 Million share and if your getting 72 shares for every million CMKX that would mean you get 360 shares of ETGMF. So if the cost of certs is $40 then ETGMF would have to be .12 to break even. The CEO said that he was scared that CMKX shareholders would take over the company thats why they are restricted so by the time they unrestrict it you would have to assume they will raise o/s to keep themselves in charge. Thats dilution and dilution drives down price per share. Also the certs to CMKX shareholders as divys is dilution so the .46 that it is at right now would probably decrease before restriction is lifted.
So If you feel you might come out at least a little ahead, remember commission and transfer cost to turn restricted to unrestricted shares. What iss it worth to you to pull. If it is worth it then you better pull your certs and get your divy's.
Posted by Ric on :
quote:Originally posted by will: Ric, you're getting crazy again. I know they can make you argue with yourself. RELAX !
It is a better conversation with myself, lol.
Besides, I have been in a waiting room at the doctors office all day today with a 5 year old while waiting for my wifes check-up to get on the transplant list. They took forever and my daughter was bored to death. Nice to relax and relieve the tension, lol.
Posted by legaleagle on :
ETGMF is not the "flagship" of Urban Casavant, it is the decoy. You never put your flagship in the line of fire.
If you can clearly see what Bob Maheu is doing............you are looking in the wrong place.
IMO
Posted by Ric on :
Heres a helpful advise for all that get ETGMF shares. Do not deposit the certs of ETGMF into a brokerage account until after you can get them unrestricted. If you do it yourself then the cost is cut tremendously. And if the company is for the shareholders then they won't charge you at all. It will be work because you will need to contact the company and have them send you an opinion letter stating that you can unrestrict your shares then you would mail in your certs with the letter to get new certs that are unrestricted. Then you can deposit them in your brokerage account so you can trade them.
If you deposit the cert in the brokerage right away then have them unrestrict the shares for you, it will cost between $150 to $250 dollars depending on who you have as a broker. Because as you see above it is work to unrestrict shares even after 2 years when an opinion letter isn't needed they will charge you this much. The TA charges them a fee to but as I said if you do it yourself, you may be able to get the company to pay the TA fees for you to unrestrict if the company is worth a grain of salt.
Posted by Ric on :
quote:Originally posted by legaleagle: ETGMF is not the "flagship" of Urban Casavant, it is the decoy. You never put your flagship in the line of fire.
If you can clearly see what Bob Maheu is doing............you are looking in the wrong place.
IMO
The 8-K and the PR stated clearly what they are doing but that isn't good enough so you need to make up a better story. You need to get away from pb57 Legal, it will melt your mind and blur the truth.
Posted by Pennies4sell on :
quote:Originally posted by Ric: Heres a helpful advise for all that get ETGMF shares. Do not deposit the certs of ETGMF into a brokerage account until after you can get them unrestricted. If you do it yourself then the cost is cut tremendously. And if the company is for the shareholders then they won't charge you at all. It will be work because you will need to contact the company and have them send you an opinion letter stating that you can unrestrict your shares then you would mail in your certs with the letter to get new certs that are unrestricted. Then you can deposit them in your brokerage account so you can trade them.
If you deposit the cert in the brokerage right away then have them unrestrict the shares for you, it will cost between $150 to $250 dollars depending on who you have as a broker. Because as you see above it is work to unrestrict shares even after 2 years when an opinion letter isn't needed they will charge you this much. The TA charges them a fee to but as I said if you do it yourself, you may be able to get the company to pay the TA fees for you to unrestrict if the company is worth a grain of salt.
So you think its worth pulling certs if you only have 1 million shares and you hold out and do the unrestriction yourself?
Posted by Ric on :
If it costs you $40 to pull certs then ETGMF would need to be .60 before you can break even. Maybe the ratio may be a little better but not much. With dilution, I don't see it but then again if ETGMF actually does something unlike CMKX then it could be possible. But remember exploration is expensive and the only way a small company can make money to explore is sell share. So the hope would be they do actually drill and find something before the o/s became too large. But if you read their last financial it didn't look good that they will do anything but you can hope.
It would be high risk and would be up to you. I wouldn't do it unless I had over 5 million shares myself but its your choice and money not mine. Legal will argue that it would prove NSS and cause a settlement but thats is very hard to believe. One that there is much shorting and the other is that there would ever be a settlement. It has never happened before and a 703 billion share diluted, revoked pinksheet, I don't think, will be their first.
Posted by ed19363 on :
Been a year since the GEMM and USCA divvies. Maybe UC is getting ready to pay for lifting the restriction on them. Has to sell ETGMF to raise the money.... Heh, heh, heh.
Posted by Ric on :
Proof that UC was funneling shares/money to himself
Pedro2004 God of Diamonds
Joined: Apr 2005 Posts: 1,620 Checkout how the GAME was played! « Thread Started on Today at 6:38am »
So that is how the game was played!
Posted by Otttoman on :
quote:Originally posted by Ric: Heres a helpful advise for all that get ETGMF shares. Do not deposit the certs of ETGMF into a brokerage account until after you can get them unrestricted. If you do it yourself then the cost is cut tremendously. And if the company is for the shareholders then they won't charge you at all. It will be work because you will need to contact the company and have them send you an opinion letter stating that you can unrestrict your shares then you would mail in your certs with the letter to get new certs that are unrestricted. Then you can deposit them in your brokerage account so you can trade them.
If you deposit the cert in the brokerage right away then have them unrestrict the shares for you, it will cost between $150 to $250 dollars depending on who you have as a broker. Because as you see above it is work to unrestrict shares even after 2 years when an opinion letter isn't needed they will charge you this much. The TA charges them a fee to but as I said if you do it yourself, you may be able to get the company to pay the TA fees for you to unrestrict if the company is worth a grain of salt.
Thanks for the good advice Ric. This is all assuming that the ETGMF certs are worth anything after the restriction is lifted. If not, I'll frame them along with my CMKX certs as a reminder of an expensive lesson in trading OTC stocks. I'll use an expensive picture frame so at least there will be some value to it, LOL.
Posted by ACKCANE on :
FYI for those with Schwab accounts . . .
It's my pleasure to assist you today with your request.
Are you referring to the CMKM Diamonds Inc. (CMKX)? If so, there is nothing that you need to do.
Schwab will send certificate(s) directly to clients and no action required from clients. Schwab is waiving the normal $50 withdrawal fee but accounts will be charged a $16.50 certificate order out fee imposed by the Transfer Agent (this is not a Schwab fee).
The transfer agent will issue certificates up to a maximum of 10,000,000 shares. If clients have more than 10,000,000 shares, then the charge will be $16.50 for each certificate.
Posted by Otttoman on :
I wonder why companies like Schwab and ETRD are offering CMKX certs basically free of charge (I wish AMTD would). Seems like a huge amount of money could be made on the service charges alone.
Posted by ed19363 on :
I wonder if Ameriturd will join in.
Posted by ACKCANE on :
No, Ameriturd is charging $40 and you have to request them.
Posted by santacruzblur on :
quote:Originally posted by Otttoman:
quote:Originally posted by legaleagle: If you're in you win. If you doubt........ Oh yeah that's right.
Those of you with shares should pull your certs if you want a piece of whatever action is coming. If you don't want it, don't pull your certs. It's that simple.
If 703 billion in certed shares are pulled and the distribution is made and announced, there is going to be a lot of electronic holders surrounding the DTCC with torches and pitchforks. That's when the NS will be obvious.
But don't worry, IMO, the final holdouts will settle. The SEC and DTCC are already being pressured by forces national and international.
As for the naysayers, what's the point? Nobody can get in or out. All of the negativity in the world won't change that.
Good post Legal. Agree 100%. All this BS about the cert pull and divys not being legal, and lawsuits and of course the bashers favorite, the ole Securities Exchange Act of 1936, while it's already started and going on all around them but they just can't see it. The blind leading the blind, or more like the cert-less leading the cert-less. I'd be bitter to if I was too weak to hold out to the end and missed out on what could be a golden opportunity. Oh well, you rolls the dice you takes your chances. Only time will tell who is right and who is wrong, and nothing said on this board or anywhere else means squat. So have your fun bashing away for the next few months boys, then we can come back and talk about who came out on top, the bashers or the koolaid drinkers. Till then.
You idiots will be laughing at us because you got one share of ETGMF for every 14,000 shares of CMKX?
Wow... I guess the world needs ditch diggers too...
Posted by santacruzblur on :
quote:Originally posted by legaleagle: ETGMF is not the "flagship" of Urban Casavant, it is the decoy. You never put your flagship in the line of fire.
If you can clearly see what Bob Maheu is doing............you are looking in the wrong place.
IMO
I think we all clearly see that Bob Maheu is thankful for every breathe he takes at the tender age of 87.
Posted by Ric on :
Legal, feel free to post my advise on holding the ETGMF certs to the other board. It was really meant to be helpful because a lot of investors got caught up in this and isn't their fault. Any way to save them money is for the good of all. And the brokers do charge a arm and a leg to convert restrict to unrestricted shares.
Posted by legaleagle on :
Ric, I think I will trust the Task Force and their advice. This isn't about value or restrictions of Entourage stock, it is about pressure on the NS.
Of course if enough doubt about personal immediate profits can be spread around, maybe you will be successful at blocking their efforts. (But I doubt it)
Only time will tell.
Posted by santacruzblur on :
quote:Originally posted by legaleagle: Ric, I think I will trust the Task Force and their advice. This isn't about value or restrictions of Entourage stock, it is about pressure on the NS.
Of course if enough doubt about personal immediate profits can be spread around, maybe you will be successful at blocking their efforts. (But I doubt it)
Only time will tell.
So you initially invested because CMKX had 'the goods'.... and now the whole play here is being a good samaritan and pressuring the NS? Nice, I assume the next move is to trap Al Qaeda in some sting operation?
The CMKX story is better than a Choose Your Own Adventure book!
Posted by Ric on :
quote:Originally posted by legaleagle: Ric, I think I will trust the Task Force and their advice. This isn't about value or restrictions of Entourage stock, it is about pressure on the NS.
Of course if enough doubt about personal immediate profits can be spread around, maybe you will be successful at blocking their efforts. (But I doubt it)
Only time will tell.
Well I see that your intent as always is not to help investors in this stock but to keep the fantasy alive.
Posted by legaleagle on :
quote:Originally posted by santacruzblur:
quote:Originally posted by legaleagle: Ric, I think I will trust the Task Force and their advice. This isn't about value or restrictions of Entourage stock, it is about pressure on the NS.
Of course if enough doubt about personal immediate profits can be spread around, maybe you will be successful at blocking their efforts. (But I doubt it)
Only time will tell.
So you initially invested because CMKX had 'the goods'.... and now the whole play here is being a good samaritan and pressuring the NS? Nice, I assume the next move is to trap Al Qaeda in some sting operation?
The CMKX story is better than a Choose Your Own Adventure book!
And I still believe they have the "goods". But there will be no revelation until the NS and share structure are fixed. imo
Posted by legaleagle on :
quote:Originally posted by Ric:
quote:Originally posted by legaleagle: Ric, I think I will trust the Task Force and their advice. This isn't about value or restrictions of Entourage stock, it is about pressure on the NS.
Of course if enough doubt about personal immediate profits can be spread around, maybe you will be successful at blocking their efforts. (But I doubt it)
Only time will tell.
Well I see that your intent as always is not to help investors in this stock but to keep the fantasy alive.
Helping the investor make wise decisions in their investment is neither yours, nor mine to offer. There are professionals to do that. I bring information that is factual and opinionated, both. I trust the investors here to weigh and balance both sides. But certainly not to act on message board advice from either side.
Posted by ed19363 on :
And I still believe they have the "goods". But there will be no revelation until the NS and share structure are fixed. imo
And this would be in which century??
Posted by will on :
There isn't any NSS.
Posted by santacruzblur on :
quote:Originally posted by legaleagle:
quote:Originally posted by santacruzblur:
quote:Originally posted by legaleagle: Ric, I think I will trust the Task Force and their advice. This isn't about value or restrictions of Entourage stock, it is about pressure on the NS.
Of course if enough doubt about personal immediate profits can be spread around, maybe you will be successful at blocking their efforts. (But I doubt it)
Only time will tell.
So you initially invested because CMKX had 'the goods'.... and now the whole play here is being a good samaritan and pressuring the NS? Nice, I assume the next move is to trap Al Qaeda in some sting operation?
The CMKX story is better than a Choose Your Own Adventure book!
And I still believe they have the "goods". But there will be no revelation until the NS and share structure are fixed. imo
Legal has to be either:
1. One of the most stupid and gullible people alive
2. One of the meanest conniving scammers alive
Why don't we vote.
Posted by ed19363 on :
I vote for both.
Posted by bill1352 on :
legal a few quick points...it seems a number of brokers are waving the fee & just sending out the certs...all except ameritrade which bought 180 billion shares in cert form. i know logic & business savey are not your strong points so i will do as your "Task Force" did in its latest update, do my best to spell it out in crayon. if brokers are short shares in their accounts & believe me they know if they are short, they would not make it easy to get certs let alone wave fee's. ameritrade already has the certs they need so they are charging, never do anything for free, first rule in business. the fact the brokers are doing something for free or at a reduced price means something. what is only a guess but it sure does mean they are not short shares.
second you might have a point. in legalize cmkx is not giving a divy, its a liquidation of all assets to the rightful owners or shareholders. in most cases a legal notice in newspapers is considered offical notice but it must be run a certain number of days. a offical pr for a public company may be enough to cover that rule.
third Mahoo is retiring from cmkx, he quit. he has no future plan for cmkx, he never got paid so why should he care. if you want to see real DD look at the trail Pedro found posted on the last page by Ric. i'll bet you would find similar info on a bunch of those other companies in the master list. that is, was & will be again UC's master plan. pump & dump thru thrid party companies.
Posted by legaleagle on :
The brokers who settled with UC, like AMTD, have the certs. They are anxious to get rid of the problem.
Those that didn't settle are not in such a hurry. Check some of the stories on other boards. OH, was that a no-no?
I had a few million "trading shares" in AMTD. I called them Friday and ordered the balance in certs. They took them out today.........in record speed. Used to be 3-5 weeks.
Posted by legaleagle on :
bill, I did look at that Pedro documentation. If you check over on 32 today, you will see the follow up to that case. Another lawsuit.... GeorgeBurns
Seems UC was the victim after all. HAHAHA
So many stories have that "other side" that you guys frequently seem to ignore.
Posted by Upside on :
quote:So many stories have that "other side" that you guys frequently seem to ignore.
I only post things that support my position. If something comes out to the contrary, I go silent.
Posted by legaleagle on :
FRIZZELL LAW FIRM 305 S. Broadway, Suite 302 Tyler, Texas 75702 (903)595-1921 E-Mail jmartin*cmkxownersgroup.com
Greetings Group Members and CMKX Shareholders,
I am proud to be working on the task force with Bob, Urban and Don. I have shared with you many concerns that I have had with the company in the last year or two. I am glad to say we have a project now that allows us all to work together with a specific goal in mind. Bob Maheu said in the company PR on November 4th that we should concentrate our efforts on the future without dwelling on the past concerns.
The task force members have quite a responsibility to make all shareholders aware of this request for certificates. This means that ALL shareholders are entitled to notification, not just the ones reading the boards. I began discussing my concerns about the plan for notification with Urban, Don and Bob a couple of days ago. I am impressed with the company’s attitude towards the work suggested by the task force. The company is fully aware of the task force’s intention to contact all shareholders and using all resources necessary to do so. There have been discussions of using various forms of media as well as the sources normally called on for proxy type notices. The company understands the expense of undertaking a task of this size and has agreed to fund such expenses.
My experience in the stock market was like that of most investors. It was my understanding that I instruct my broker to take my money and locate someone who had the stock I wanted to purchase and purchase that stock for me.
1. I never imagined that a broker could take my money and pay his commission, the commission of the market makers, the fees of the SEC and the fees of the DTCC and never obtain my stock.
2. I did not know about Cede and Company.
3. I did not know about a “Stock Borrow Program”.
4. I had never heard of a “fail to deliver”.
Then, I find that “fails to deliver” is such a problem that it was necessary to pass a law called Regulation SHO which made the market report these fails to the SEC on a daily basis. On top of this, Regulation SHO does not appear to be working for anyone but the market manipulators that perpetuated this problem in the first place! When I learned that short sellers could amass these fails and drive a stock price into the ground, I became convinced there was a HUGE wrong in the stock market that needed to be corrected.
CMKX stock seemed to be a poster child for this illegal trading technique. Now how does this trading technique catch up to the wrongdoers. I have heard that occasionally short sellers get caught with fails on their books and they have to go into the market and buy stock to close out their position. Since it works to the short sellers advantage by causing the stock to go down when they naked short a stock, it should work in the opposite direction to cause a stock price to go up when the stock is hard to find because of their short selling techniques. Many people bought this stock because of this possibility.
How does the market correct itself? First, it must become apparent that a naked short exists. We must prove beyond a “shadow of doubt” that more shares have been sold into the stock market than was issued by the company.
Although the SEC, the DTCC, the NASD, and most Broker/Dealers know the daily positions on this stock, current law does not provide for the company to acquire this information through simple requests. Company stock comes from the transfer agent. Legitimate shares are all backed by certificates issued by the transfer agent. We know the stock market allows brokers to sell stock even if they do not own it.
Now, we must solve the mystery of how much real stock has been sold and how much stock has been sold that was not based on certs issued by the transfer agent.
The company wants to divide the Entourage stock among its shareholders. We must now force the market participants to tell us who has positions in this stock. Unfortunately, we can’t rely on the broker statements because we know that many brokerage transactions occur ex-clearing (remember the Jefferies letter) and we know that our shareholder’s statements do not say “this transaction is currently in a fail to deliver category”. Even though your broker has a fiduciary (this means they are required by law to tell you of bad things that might be going on in your account) relationship to you, you are not told that your stock is not actually being held for you. (in the case of a fails to deliver). I am NOT amused when I read a response from a broker dealer that says you should tell the company that you are a shareholder because we have sent you a statement that says you own stock.
This summer, we tallied 12,000 shareholder statements and documented 400 billion shares of stock. This did not include cert holders. We know there are approximately 60,000 shareholders based only on the figures given to us by ADP and the transfer agent. There appears to be many more! Combined, the NOBO/OBO list plus the cert list even proved a short in and of themselves of over 50 billion shares, and this did not include the billions of shares traded that were not reported through the DTCC and it did not include most Canadian brokerage holdings or other foreign accounts.
The company would be derelict in dividing the stock based on brokerage statements, we must require certs of your holdings. This may be one big inconvenience for you as shareholders, I know I hated to write my check out to my broker for my cert. I would imagine it will also be a big inconvenience for some market makers and brokerage firms to have any “fails to deliver” become a public problem. Our stock is not trading at the moment, so the shorts can’t simply send some bashers to the boards and buy the stock at a discount to close out their positions.
As a UNITED FRONT, this loyal group of shareholders has a chance to not only make history, but to start rebuilding the financial integrity of our U.S. markets for the sake of our children and grandchildren!
My job is to present to the company a list that represents all CMKX shareholders that own stock. All CMKX shareholders should all participate in this distribution. Due directly to the Stock Borrow Program and a market system which allows “fails to deliver” to exist, a shareholder list that is made from broker statements cannot be relied upon to make this Entourage distribution. The entities that are helplessly short would love for shareholders to lose interest or to justify non participation because of the cost of doing so. If enough shareholders are apathetic or simply don’t have the resources to get their certs, the shorts benefit. 50,000 to 60,000 motivated shareholders can make great changes in the market place. Give serious thought to any reasons you have for not pulling your certs. I would also suggest you read the article at http://www.cmkmtaskforce.com/dtcc.php about the DTCC and Cede if you are still not sure if you need to be holding certificates for your stocks.
I must ask all of you to please be patient as we record the certificates you send us. We have devised a system that requires to you to send only your certs and a cover page. Do not send other pages even if you think it is necessary to explain something. Use the task force web site to offer your comments or convey your problems. We have people that will be working long hours entering your information into a database. There will be times when you will experience a busy signal. We are using multiple lines connected to one fax number but there will still be delays. Do not panic. This is not an attempt to avoid including any shareholder. Quite to the contrary, it is an effort to make sure that everyone is included.
We have been told that Schwab and Etrade are beginning the process of automatically sending all CMKX shareholders their certs without request. These companies should be commended if in fact they follow through with such a course of action. Every brokerage company that claims to be holding your stock should be able to do likewise. We expect many other companies will follow suit. This will allow us to quickly and accurately compile a list of all shareholders and their positions in this stock.
Having said all of that, a word of caution, do NOT become complacent and assume your certs will appear. Remain diligent in following up often with your broker!!
On a final note, we have received many notices from shareholders about difficulties in obtaining their certs from their brokers. Some have problems with stock being in an IRA account, 401K account and many shareholders that have brokers that are just plain refusing to obtain certificates for them. As a task force member, I can only recommend that those persons continue to call their brokers often. Be assured that the Task Force is discussing ways to address these issues. We have been told by some shareholders that many banks provide a securities attorney to their customers for advice and that many times these services are free.
This group of shareholders can make a difference if we stay united!
Onward,
Bill
Posted by ed19363 on :
All this trouble for what will probably turn out to be a 3 cent profit, if at all.
Posted by ed19363 on :
One thing I can state positively. Ameritrade has lost a customer. I am switching brokers ASAP. And they can keep the $40.
Posted by will on :
Shut up, Bill, and prove there is a massive NSS position. You've had months and still you can only come this close to being accurate: "CMKX stock seemed to be a poster child for this illegal trading technique" Where is the proof, never mind "seems to be"?
Posted by bill1352 on :
i agree Will...i don't think CMKX is short much if any but on the area of wishing SOMEBODY would prove a stock, any dang stock is massively shorted just so that it can finally be proven & corrected & for the sake of all the suckers drawn in by POS's like sterling, dr. d, green baron & a bunch of other pumping crap scum i hope frizzy & gang can prove something. odds are all they will prove is "once a sucker, always a sucker" but what the heck, at least its something.
Posted by Upside on :
quote:Bob Maheu said in the company PR on November 4th that we should concentrate our efforts on the future without dwelling on the past concerns.
Good to see that Frizz is towing the company line. Forget the royal screwing they gave you in the past, lets all focus on a wing and a prayer.
Posted by will on :
"Frizz is towing the company line"
Wouldn't that be toeing?
Posted by DIGDOUGH on :
When do we get our diamond dust?
Posted by Upside on :
quote:Originally posted by will: "Frizz is towing the company line"
Wouldn't that be toeing?
I don't know, would it?
Posted by will on :
I know you just hate that, but, yea, I think so. It'll give you something to do, go google yourself to orgasm. A boxer would have to toe the line, not tow the car.
Posted by Upside on :
quote:Originally posted by DIGDOUGH: When do we get our diamond dust?
You got two specks of dust more then a year ago. What more do you want?
Posted by will on :
"The specific sport referred to is foot-racing, where the competitors must keep their feet behind a "line" or on a "mark" at the start of the race--as in "On your mark, get set, go!"
I always associated it with boxing. After a knock down the boxer had to toe a mark so the match could continue or he was DQ'd.
Wonder how right your source is about the etymology "toe the line" ?
Anyone interested in the origins of words and phrases might find this web site interesting:
[ November 10, 2005, 23:18: Message edited by: will ]
Posted by bill1352 on :
ok...who is that posting for Will tonight??? must be his wife or kid. intellectual postings?????!!!!!! can't be Will..lol
Posted by will on :
Hey Hey ! You know, I'm not just a pretty face in a sundress, pal.
Posted by Upside on :
quote:Originally posted by will: Hey Hey ! You know, I'm not just a pretty face in a sundress, pal.
I can vouch for that.
Posted by Ric on :
Head Admin of pb32 now pb66:
Canuck Administrator
Joined: Aug 2004 Posts: 7,707 Location: Kelowna, British Columbia I need to give this board up. « Thread Started on Today at 12:41am »
-------------------------------------------------------------------------------- I dedicated over a year and a half of time away from other things in my life that are more important. I can no longer sit and watch all the nonsense and pretend that all is ok.
Folks, all is not ok. I know some want to hang on like Urban is some hero. Nothing I can do about that. IMO he used us and played us and now he is going to walk away with millions, with shareholders parading him on their shoulders.
I feel like I have been, in part, responsible for thousands of shareholders losing millions of dollars. I am a man of conscience and integrity and I can't live with that.
I believe Urban and his monkeys have raped us for millions and no one seems to care. He is still a hero in the eyes of many.
Yes we may be shorted and yes maybe we can catch them and hopefully play a small part in changing the corrupt US stock markets. Urban created the perfect company for that to happen. 700 billion shares. Way to go Urban!
I am no longer able to properly be a guiding force for this board. I have become too cynical. Every shred of evidence we have received points to the biggest dilution scam in history.
Now we have entourage. How much you want to bet urban is somehow involved. Let the cycle begin again.
I am sorry that I have let things go south. I put my heart and soul in this place. I cared, I cared a lot. And I still do care, which is why I must pass it on.
I am not quitting, it is just time to pass the torch. I wanted this place to be something for everyone.
I am proud of its history and what we accomplished. Braindamage, diamondogg, fishing4diamonds, and J, we were a great team. I think working with you folks at the admin level is what I will miss the most. We were awesome!
If someone wants this board PM me. I will give it to the person I feel can best keep it alive. It has history; it was a classroom, a social club, a gathering spot.
What will happen will happen whether I am here or not.
For those of you who hold me in high regard, I have to disappoint you. I am just a farm boy from Saskatchewan, a dropout from grade 10. I went on to become a software developer and a weekend warrior with the Mounties. I am no different then any one of you. I did not want to be a leader, just a facilitator. Now I am neither.
This stock and this board have taught me a lot about many things. I suppose that makes it all worthwhile. I have nothing left to take from it and nothing left to give.
It is not fair to any of you who still find value here. We need fresh blood, fresh leadership, and maybe a fresh start.
I know it is not all my fault but I did quit caring. And that is why our community collapsed and split.
I am going to spend more time enjoying the incredible riches I already have around me. And in their eyes, I am perfect.
Posted by bill1352 on :
thanks Ric...the guy that banned me for stating UC is a crook now agrees. even admits his rants caused ppl to buy more or even buy in the first place. they must have banned kool-aide in canada...lol
Posted by ed19363 on :
Slowly, one by one, they are waking up and smelling the coffee. Eventually, only the insane will be left. Even the blind can see the scam starting all over again with a different company name.
Posted by tarq3 on :
FRIZZELL LAW FIRM 305 S. Broadway, Suite 302 Tyler, Texas 75702 (903)595-1921 E-Mail jmartin*cmkxownersgroup.com
Greetings Group Members and CMKX Shareholders,
I am proud to be working on the task force with Bob, Urban and Don. I have shared with you many concerns that I have had with the company in the last year or two. I am glad to say we have a project now that allows us all to work together with a specific goal in mind. Bob Maheu said in the company PR on November 4th that we should concentrate our efforts on the future without dwelling on the past concerns.
The task force members have quite a responsibility to make all shareholders aware of this request for certificates. This means that ALL shareholders are entitled to notification, not just the ones reading the boards. I began discussing my concerns about the plan for notification with Urban, Don and Bob a couple of days ago. I am impressed with the company's attitude towards the work suggested by the task force. The company is fully aware of the task force's intention to contact all shareholders and using all resources necessary to do so. There have been discussions of using various forms of media as well as the sources normally called on for proxy type notices. The company understands the expense of undertaking a task of this size and has agreed to fund such expenses.
My experience in the stock market was like that of most investors. It was my understanding that I instruct my broker to take my money and locate someone who had the stock I wanted to purchase and purchase that stock for me.
1. I never imagined that a broker could take my money and pay his commission, the commission of the market makers, the fees of the SEC and the fees of the DTCC and never obtain my stock.
2. I did not know about Cede and Company.
3. I did not know about a "Stock Borrow Program".
4. I had never heard of a "fail to deliver".
Then, I find that "fails to deliver" is such a problem that it was necessary to pass a law called Regulation SHO which made the market report these fails to the SEC on a daily basis. On top of this, Regulation SHO does not appear to be working for anyone but the market manipulators that perpetuated this problem in the first place! When I learned that short sellers could amass these fails and drive a stock price into the ground, I became convinced there was a HUGE wrong in the stock market that needed to be corrected.
CMKX stock seemed to be a poster child for this illegal trading technique. Now how does this trading technique catch up to the wrongdoers. I have heard that occasionally short sellers get caught with fails on their books and they have to go into the market and buy stock to close out their position. Since it works to the short sellers advantage by causing the stock to go down when they naked short a stock, it should work in the opposite direction to cause a stock price to go up when the stock is hard to find because of their short selling techniques. Many people bought this stock because of this possibility.
How does the market correct itself? First, it must become apparent that a naked short exists. We must prove beyond a "shadow of doubt" that more shares have been sold into the stock market than was issued by the company.
Although the SEC, the DTCC, the NASD, and most Broker/Dealers know the daily positions on this stock, current law does not provide for the company to acquire this information through simple requests. Company stock comes from the transfer agent. Legitimate shares are all backed by certificates issued by the transfer agent. We know the stock market allows brokers to sell stock even if they do not own it.
Now, we must solve the mystery of how much real stock has been sold and how much stock has been sold that was not based on certs issued by the transfer agent.
The company wants to divide the Entourage stock among its shareholders. We must now force the market participants to tell us who has positions in this stock. Unfortunately, we can't rely on the broker statements because we know that many brokerage transactions occur ex-clearing (remember the Jefferies letter) and we know that our shareholder's statements do not say "this transaction is currently in a fail to deliver category". Even though your broker has a fiduciary (this means they are required by law to tell you of bad things that might be going on in your account) relationship to you, you are not told that your stock is not actually being held for you. (in the case of a fails to deliver). I am NOT amused when I read a response from a broker dealer that says you should tell the company that you are a shareholder because we have sent you a statement that says you own stock.
This summer, we tallied 12,000 shareholder statements and documented 400 billion shares of stock. This did not include cert holders. We know there are approximately 60,000 shareholders based only on the figures given to us by ADP and the transfer agent. There appears to be many more! Combined, the NOBO/OBO list plus the cert list even proved a short in and of themselves of over 50 billion shares, and this did not include the billions of shares traded that were not reported through the DTCC and it did not include most Canadian brokerage holdings or other foreign accounts.
The company would be derelict in dividing the stock based on brokerage statements, we must require certs of your holdings. This may be one big inconvenience for you as shareholders, I know I hated to write my check out to my broker for my cert. I would imagine it will also be a big inconvenience for some market makers and brokerage firms to have any "fails to deliver" become a public problem. Our stock is not trading at the moment, so the shorts can't simply send some bashers to the boards and buy the stock at a discount to close out their positions.
As a UNITED FRONT, this loyal group of shareholders has a chance to not only make history, but to start rebuilding the financial integrity of our U.S. markets for the sake of our children and grandchildren!
My job is to present to the company a list that represents all CMKX shareholders that own stock. All CMKX shareholders should all participate in this distribution. Due directly to the Stock Borrow Program and a market system which allows "fails to deliver" to exist, a shareholder list that is made from broker statements cannot be relied upon to make this Entourage distribution. The entities that are helplessly short would love for shareholders to lose interest or to justify non participation because of the cost of doing so. If enough shareholders are apathetic or simply don't have the resources to get their certs, the shorts benefit. 50,000 to 60,000 motivated shareholders can make great changes in the market place. Give serious thought to any reasons you have for not pulling your certs. I would also suggest you read the article at http://www.cmkmtaskforce.com/dtcc.php about the DTCC and Cede if you are still not sure if you need to be holding certificates for your stocks.
I must ask all of you to please be patient as we record the certificates you send us. We have devised a system that requires to you to send only your certs and a cover page. Do not send other pages even if you think it is necessary to explain something. Use the task force web site to offer your comments or convey your problems. We have people that will be working long hours entering your information into a database. There will be times when you will experience a busy signal. We are using multiple lines connected to one fax number but there will still be delays. Do not panic. This is not an attempt to avoid including any shareholder. Quite to the contrary, it is an effort to make sure that everyone is included.
We have been told that Schwab and Etrade are beginning the process of automatically sending all CMKX shareholders their certs without request. These companies should be commended if in fact they follow through with such a course of action. Every brokerage company that claims to be holding your stock should be able to do likewise. We expect many other companies will follow suit. This will allow us to quickly and accurately compile a list of all shareholders and their positions in this stock.
Having said all of that, a word of caution, do NOT become complacent and assume your certs will appear. Remain diligent in following up often with your broker!!
On a final note, we have received many notices from shareholders about difficulties in obtaining their certs from their brokers. Some have problems with stock being in an IRA account, 401K account and many shareholders that have brokers that are just plain refusing to obtain certificates for them. As a task force member, I can only recommend that those persons continue to call their brokers often. Be assured that the Task Force is discussing ways to address these issues. We have been told by some shareholders that many banks provide a securities attorney to their customers for advice and that many times these services are free.
This group of shareholders can make a difference if we stay united!
Posted by Highwaychild on :
This should be fun though, I'm kind of looking forward to all this. From the Task Force web site...
"After the 18th, the fax lines will be open to everyone!
Fax #1 903-595-5724 Fax #2 903-595-5394
A counter will be installed within the next week to show our progress in number of certified shares."
Posted by Stock Jockey on :
From Stock Patrol . com
CMKM Diamonds, Inc. - Tapped Out and Taps Investigative Reports October 25 2005 CMKM Diamonds, Inc. (Pink Sheets: CMKX) is ready to give up the ghost. The Company declared "No Mas" this week, abandoning its fight against the Securities and Exchange Commission and asking an Administrative Law Judge to revoke registration of all CMKM securities "immediately." CMKM's public act is done. The Company, which previously has kept its financial status a closely guarded secret, now concedes that it lacks money to operate.
CMKM's ignominious end has management running for the door. Robert Maheu, the former Howard Hughes aide who joined CMKM Board of Directors earlier this year, has resigned – apparently willing to walk away from any money still owed to him by the Company. CMKM Diamonds, Inc. – Do New Directors Mean a New Direction? Maheu, who purportedly was brought aboard to bring CMKM into compliance with federal securities laws – and perhaps avoid the inevitable revocation of registration - demonstrated little knowledge of CMKM's history or operations when he testified in the SEC proceedings.
Maheu, who joined the Company with considerable fanfare in January 2005, departed quietly on October 10. Soon, he will be followed by Urban Casavant, the Company's sole remaining director and officer, who says he plans to resign for unspecified "health concerns."
CMKM leaves in its wake a host of unfulfilled promises. The Company has been scrambling to dispose of assets, hastened by its default on these key agreements:
• CMKM agreed to spend $500,000 on exploration of certain property at Hachet Lake in Canada under the terms of an October 23, 2004 agreement with United Carina Resources Corp. CMKM failed to make required payments because it lacked necessary funds; • Pursuant to the terms of an agreement with 101047025 Saskatchewan Ltd., CMKM was required to provide necessary capital for the maintenance of claims in the Smeaton Forte a la Corne area of Saskatchewan, Canada, as well as drilling and exploration expenses. CMKM defaulted on the agreement because it lacked funds to meet these obligations. • CMKM also defaulted on two separate agreements with Nevada Minerals, Inc. The Company had agreed to provide funding for maintenance, drilling and exploration of property at Forte Diamond in Saskatchewan, Canada. It was unable to do so because it lacked funds. CMKM also failed to meet its obligations to Nevada Minerals regarding "the American Shaft" project in Ecuador.
According to a Form 8-K filed by CMKM on October 24, 2005, the Company has now transferred its remaining rights and obligations under these various agreements to yet another obscure Canadian mining company, Entourage Mining Ltd. (OTCBB: ETGMF). On October 20, 2005, CMKM assigned its 50% interest in United Carina Resources' Hatchet Lake claims; its 36% interest in the Forte Diamond property; and its portion of the Forte a La Corne claims, to Entourage. In exchange, CMKM will receive 50 million shares of Entourage stock.
CMKM says that it plans to distribute the Entourage shares to existing CMKM shareholders – presumably including Casavant. Considering the number of CMKM shares presently outstanding – more than 700 billion shares as of March 2005, according to the Company – CMKM's public shareholders can expect to receive an infinitesimal interest in Entourage. In any event, the deal will collapse unless Entourage raises a minimum of $1,050,000 in equity financing by October 28, 2005.
CMKM says that a task force consisting of Mr. Maheu and two attorneys who have been involved with the pending SEC litigation – Bill Frizell and Donald Stocklein – will assist with the distribution of the Entourage shares to CMKM's shareholders.
And what of Entourage? The Canadian company is based in Vancouver, Canada and, like CMKM, has no revenues. What do investors know about Entourage and what are the prospects for that Company? That is another story for another day.
Posted by Ric on :
CMKM massive short story debunked, fantasy continues
2005-11-11 20:52 ET - Street Wire
See Street Wire (U-CMKX) CMKM Diamonds Inc
by Lee M. Webb
CMKM Diamonds Inc.'s liquidating "task force" is actively perpetuating the notion of a massive naked short position in the recently revoked pink sheet promotion headed by Saskatchewan native Urban Casavant. That tale plays well among CMKM's cult-like followers, but trading data debunks the story.
CMKM's vaunted task force consists of the company's former trophy co-chairman, 87-year-old Robert Maheu, its legal counsel, Donald Stoecklein and Texas lawyer Bill Frizzell, who represents approximately 2,500 shareholders.
As disclosed in an Oct. 24 filing with the U.S. Securities and Exchange Commission (SEC), the task force will oversee a liquidating distribution of CMKM's assets as Mr. Casavant winds up the company. CMKM has tens of thousands of shareholders and a staggering 703.5 billion shares outstanding.
According to the Oct. 24 SEC filing, CMKM's assets consist of 50 million shares of Vancouver-based Entourage Mining Ltd., a financially challenged OTC Bulletin Board company flagged with a going concern warning. The Entourage shares are reportedly being swapped for CMKM's Saskatchewan mining interests.
Interestingly, Mr. Casavant's business associate Emerson Koch of Tuxford, Sask., is rather magnanimously contributing 30 million of the 50 million Entourage shares slated for distribution to CMKM shareholders.
The 50 million Entourage shares have not yet been issued and the Vancouver company has not even announced that the deals involving CMKM have been consummated. Nonetheless, the task force is already pressing ahead with the dubious liquidation plan.
Setting aside the matter of the 50 million Entourage shares that have not yet been issued, the plan to wind up CMKM with a liquidating distribution of assets raises a number of other issues.
For example, it is far from clear that CMKM, a Nevada-incorporated company with thousands of shareholders, can be wound up without the majority consent of its shareholders. CMKM has not bothered seeking shareholder approval.
Moreover, it is far from clear whether a liquidating distribution of assets can be conducted in the absence of financial records. CMKM has neither an auditor nor auditable financial records.
Given that CMKM's last auditor, Brad Beckstead, was fired after he raised concerns with the company and the SEC over possible illegal acts by Mr. Casavant and company insiders, the lack of financial records is no small matter.
Among other things, Mr. Beckstead reported that he had discovered information indicating that CMKM made improper loans to its officers and directors. According to the fired auditor, those loans may represent recoverable assets.
In a rather more specific disclosure regarding possible illegal acts and recoverable assets, Mr. Beckstead reported that it appeared that Mr. Casavant had improperly "caused CMKM to advance $4-million to CMKXtreme Inc.," a company that he owned. (All amounts are in U.S. dollars.)
Quite apart from those rather significant matters, the task force's proposed liquidating distribution scheme raises additional legal and practical issues.
According to the task force, only shareholders who produce copies of physical CMKM share certificates will participate in the liquidating distribution of Entourage shares.
Some observers question whether CMKM's task force can legally restrict the liquidating distribution of assets to shareholders who produce share certificates, thereby excluding investors who, for one reason or another, leave their shares in street name.
According to a March 4 news release, an unknown number of shareholders held more than 407 billion shares of CMKM in street name. While that number may have fluctuated somewhat before the SEC finally yanked CMKM's stock registration at the end of October, a staggering number of shares are undoubtedly still held in that form by many shareholders.
Under the task force's scheme, the shareholders who want to participate in the liquidating distribution will have to foot the bill to obtain certificates. The cost varies among brokerage firms, but could range from approximately $50 to several hundred dollars.
It is perhaps telling that some of the company's shareholders claim that they will find it difficult to ante up the cash to obtain the share certificates. Some others suggest that converting their holdings of a few million shares into certificate form may not be worth the cost.
Questions have also been raised with respect to whether a news release and claims published on a website slapped together on Nov. 4 constitute adequate notice of the plan to wind up the company and distribute its assets.
Notwithstanding the many questions, it appears that the majority of CMKM's cult-like followers endorse the task force's scheme.
That endorsement turns not so much on the possible value of the liquidating distribution of restricted Entourage shares, but on the widely held belief that the scheme will reveal a massive naked short position in CMKM.
The CMKM liquidating task force is aggressively promoting that belief on its website.
Incredible information
While the task force is still working out the mechanics of its liquidating distribution scheme, the notion of a massive naked short position in CMKM is getting full play on its website.
According to the task force, one of the principal reasons for demanding a "certificate pull" is to determine the actual number of CMKM shares held by all shareholders.
"If the total number of CMKX shares exceeds CMKX's outstanding share count, this may be due to the existence of Naked Short Shares in the Market," the task force states, identifying the company by its former trading symbol.
Tossing off rallying remarks like "helping to right a monumental wrong that permeates our entire market system" and "an opportunity to participate in a history-making event," the task force urges CMKM shareholders to obtain their share certificates and await further instructions.
"Credible information indicates the number of naked short shares is potentially as high as 2 trillion shares," the task force claims.
Stockwatch has asked for the exact nature and source of this purportedly "credible information," but has not received a reply.
A review of CMKM's trading data, however, debunks the task force's incredible "credible information."
While CMKM has recorded phenomenal trading volumes, including a staggering 40 billion shares notched in a single trading session last December, the claim of a potential naked short position of two trillion shares in a company with more than 703.5 billion shares outstanding does not stand up to scrutiny.
To put it rather simply, from the time Mr. Casavant took control of CMKM's predecessor in November of 2002 until the SEC revoked the company's stock registration on Oct. 28 of this year, approximately 1.77 trillion shares have changed hands.
That figure includes approximately 112 billion CMKM shares that were unloaded on an ex-clearing basis and not reported to the tape by Jeffries & Company Inc. in 2004 on behalf of two unidentified customers. Those trades settled without incident.
While "only" may be an odd word to use in the context of such staggering numbers, it should be clear to all but the most obtuse that it is impossible to have a naked short position of two trillion shares when only approximately 1.77 trillion shares have been traded.
The impossible notion of a possible naked short position of two trillion shares is also debunked by information regarding delivery failures that was recently provided to task force member Mr. Frizzell by the SEC.
It is not clear whether Mr. Frizzell, who has long been a champion of the naked short fantasy, understands the significance of that information.
Texas champion
As previously reported by Stockwatch, Mr. Frizzell, who also sank money into CMKM, was hired by fellow Texan and CMKM shareholder John Martin last year to represent him in matters relating to his investment in the pink sheet promotion.
Mr. Frizzell is not a securities lawyer and, in fact, is still a relative novice when it comes to stocks and the securities industry.
When the SEC launched its administrative proceeding against CMKM in March of this year, Mr. Frizzell offered to represent other shareholders at a cost of $25 per person. Approximately 5,000 shareholders known as the Owners Group took the Texas lawyer up on his offer.
Mr. Frizzell was granted limited third party participation in the administrative proceeding on behalf of the Owners Group and managed to slip at least an oblique reference to a massive short position into his impromptu opening statement in a May 10 evidentiary hearing, notwithstanding a prehearing ruling that short selling was irrelevant to the matters at hand.
"The SEC counsel has said there are 700 billion shares that have been issued by this company," Mr. Frizzell said. "I'm going to suggest to the court that there are trillions of these shares that are in shareholders' hands."
It is not clear whether Mr. Frizzell's suggestion turned on the same purportedly "credible information" now touted by the task force of which he is a member or, for that matter, whether the Texas lawyer is the source of that patently inaccurate information.
In any event, Mr. Frizzell subsequently tapped the shareholders for another $25 per person for a second phase of representation, but only about 2,500 people reportedly signed on for that agreement.
Under the terms of the representation agreements, Mr. Martin would be on the hook for any costs not covered by the contributions anted up by the Owners Group.
Mr. Frizzell, who reportedly wrapped up his other legal business to concentrate on the Owners Group as his only client, has provided only a very rough accounting of his expenses, so it unclear whether Mr. Martin has had to shell out any cash at all.
Mr. Martin, another ardent proponent of the massive naked short position, has reportedly been working assiduously on behalf of the Owners Group, logging nearly as many hours as Mr. Frizzell.
Stockwatch has twice asked Mr. Frizzell whether Mr. Martin is being compensated for his efforts and, if so, to identify the source of that compensation. The Texas lawyer has not yet offered a response.
In any event, by Mr. Frizzell's very rough accounting, it is clear that a significant portion of the money he collected from the Owners Group was spent in an effort to establish proof of a short position in CMKM.
As part of that effort earlier this year, the Texas lawyer asked CMKM shareholders to fax copies of their brokerage statements to him. Reportedly, more than 10,000 account statements flooded in.
Again disregarding the prehearing ruling excluding any evidence of short selling, Mr. Frizzell attempted to submit the information gleaned from the brokerage statement accounts as evidence of a naked short position.
That submission was not accepted and a rather lengthy section of Mr. Frizzell's posthearing brief dealing with claims of a naked short position was ordered struck from the brief.
Notwithstanding that setback, in a number of e-mail updates to the Owners Group, Mr. Frizzell continued to indicate that he had established proof of a massive naked short position in CMKM.
It may be worth at least passing mention to note that while Mr. Frizzell persistently tried to pass off information culled from CMKM shareholders' brokerage statements as "proof" of a naked short position, the task force of which he is now a member is adamant that brokerage statements will not be accepted proof of ownership.
In any event, the Texas lawyer's calculations and purported proof have never been offered up for public scrutiny.
Moreover, according to SEC lawyer Leslie Hakala, Mr. Frizzell has not even bothered to provide the enforcement division with his purported evidence.
"Mr. Frizzell has been specifically invited to provide the Division with any evidence of violations that he has, including his alleged evidence of naked short selling," Ms. Hakala wrote in an Oct. 27 e-mail to Janice Shell. "He has opted not to provide the Division with any such materials."
Ms. Shell, who has quite a nose for sniffing out stinky stocks, probably needs no introduction to CMKM's cult-like Internet followers. Indeed most of them evidently consider the art historian, who delights in exposing overblown penny stock promotions and outright scams, an evil pariah whose very name is anathema to true believers in the revoked pink sheet promotion.
In any case, while Mr. Frizzell reportedly did not take up the SEC's invitation to provide his alleged evidence of naked short selling, the U.S. regulator recently provided the Texas lawyer with information that clearly refutes his claim of a massive short position and, even more so, the task force's so-called credible information of a potential naked short position of two trillion shares.
The information provided to Mr. Frizzell after a request under the U.S. Freedom of Information Act is a report of delivery failures relating to CMKM trading during April of this year.
Whether the Texas lawyer, who has only recently encountered terms such as "convertible debenture," "fail to deliver," "Cede & Co." and so on, actually understands the data is an open question.
Indeed, since Nov. 3, Stockwatch has twice asked Mr. Frizzell to comment on the implications of the April fails-to-deliver data for his claim of a massive naked short position in CMKM. The Texas lawyer has not yet offered a response.
However, Mr. Frizzell did provide the data and his fun-with-numbers calculations in an e-mail to members of the Owners Group.
"It appears that approximately 800 Million shares of CMKX stock were reported to the DTCC (Depository Trust and Clearing Corp.) as delivery failures in the month of April of 2005," Mr. Frizzell advised the Owners Group members.
At best, that indicates that Mr. Frizzell has some proficiency in adding and rounding, but it does not indicate that he has a clue about the significance of the delivery failure data provided by the SEC.
Setting aside the observation that not all delivery failures necessarily represent naked short sales, simply adding up running totals of the delivery failures for a month to arrive at approximately 800 million shares while disregarding any intervening settlements of those transient failures does not really provide any meaningful information.
What is meaningful and certainly significant with respect to any claim about naked shorting is that the delivery failures topped out at approximately 186 million shares on April 22, a trifling amount for a company with 703.5 billion shares outstanding. Further, even that insignificant number of fails was settled by April 26.
Moreover, the delivery failures only amounted to approximately 3.07 million shares worth a picayune $300 at the end of April.
Once again, it should be clear to all but the most obtuse that claims of a short position of several hundred billion shares, let alone two trillion shares, do not bear scrutiny.
Indeed, several of Mr. Frizzell's claims, which frequently bear more than a passing resemblance to the wild imaginings of CMKM's cult-like Internet followers, do not stand up to scrutiny.
For example, in their quest to extend the culpability for CMKM's woes, some of the company's faithful followers suggested that Mr. Casavant had innocently fallen in with a bad lot early on and had fallen prey to sharp operators. Among the names bandied about in connection with that quest was John Edwards of Las Vegas.
Interestingly, during the May 10 evidentiary hearing in the administrative proceeding against CMKM, Mr. Frizzell hammered away at Neil Levine, then the company's auditor, who was called as an SEC witness. Mr. Frizzell rather pointedly suggested that Mr. Levine had turned on the company at the bidding of Mr. Edwards.
While Mr. Frizzell did not make much headway on the subject of Mr. Edwards during the hearing, the search was soon on to uncover more information about the Las Vegas businessman. Indeed, Mr. Frizzell invited CMKM shareholders to forward any pertinent information about Mr. Edwards to his office.
Among the nuggets uncovered about Mr. Edwards was the fact that he had acquired a stake in Crown Financial Holdings Inc., a former market maker that shuttered its operations in February.
In the hands of some of CMKM's imaginative, if mathematically challenged, followers, that nugget turned into a fantasy gold mine.
By some fuzzy calculations, Mr. Edwards's rather ill-fated $1-million investment in Crown Financial, now worth approximately $20,000, was transformed into a $2-billion stake in the beleaguered company.
Perhaps Mr. Frizzell uses the same fuzzy math.
On Sept. 6, the Texas lawyer sent a letter to CMKM's attorney Mr. Stoecklein, with whom Mr. Frizzell is now honoured to serve as a member of the task force, demanding that the company pursue third party claims against a number of individuals including Mr. Edwards.
"Recently it was learned that Mr. Edwards had amassed $2-billion worth of Crown Financial stock," Mr. Frizzell claimed in his Sept. 6 demand letter. "Crown Financial was one of the most active market makers of CMKX stock when hundreds of billions of shares of stock were suddenly dumped on the market."
Stockwatch has twice asked Mr. Frizzell to provide the basis for his claim that Mr. Edwards amassed $2-billion worth of Crown Financial stock. The Texas lawyer has not yet replied.
Another example of at least some convergence between the wild fantasies of many of CMKM's Internet followers and Mr. Frizzell's apparent beliefs concerns the mistaken notion that the company's Saskatchewan mining interests included valuable oil and gas rights.
That notion has received considerable play on some chat sites frequented by CMKM's cult-like followers.
Among the most outlandish fantasies that have been advanced is that, during a trip to China, Mr. Casavant inked a deal with the Chinese government regarding the purported Saskatchewan oil and gas rights.
Hal Engel, a stock tout and former securities violator who has been beating the drum for CMKM for more than year, has also been keen on the value of the company's purported oil and gas prospects. According to Mr. Engel, those rights could carry a value of $500-billion or more.
While Mr. Frizzell has not specifically endorsed any of those outrageous fantasies, he clearly shared the belief that CMKM held significant oil and gas rights.
Indeed, in an e-mail message to members of the Owners Group, Mr. Frizzell advised that he had told CMKM's lawyer Mr. Stoecklein that he had acquaintances in the oil business who might be interested in the company's oil and gas rights.
Moreover, in a chat session on an Internet site called PalTalk in early September, Mr. Frizzell claimed that CMKM's mineral rights included oil and gas rights that could hold significant value.
Stockwatch has twice asked Mr. Frizzell to offer comments regarding the foundation for that claim. The Texas lawyer has not yet offered a response.
In any event, perhaps unknown to Mr. Frizzell and CMKM's cult-like followers, the ballyhooed Saskatchewan mineral rights to which CMKM held some claim are defined under the Mineral Disposition Regulations of 1986 and specifically exclude oil and gas.
Not to put too fine a point on it, CMKM's mineral claims, which are apparently in the process of being shunted off to Entourage, did not include any oil and gas rights.
It remains to be seen whether Mr. Frizzell, who is undoubtedly busy with his dual role of representing approximately 2,500 CMKM shareholders and helping the task force work out the wrinkles in the liquidating distribution scheme, will respond to Stockwatch's requests for comments on these matters and other issues raised in a dozen questions to the Texas lawyer.
Among the unanswered questions that Stockwatch put to Mr. Frizzell is whether he is being compensated as a member of the task force overseeing CMKM's liquidating distribution and, if so, the amount and source of that compensation.
Mr. Frizzell may also be busy in his capacity as a director and legal counsel for a recent venture headed by his associate, client and Owners Group founder Mr. Martin, which is coincidentally named The Owners Group Inc.
The motivation and philosophy reportedly underpinning that new venture, "owned by shareholders and dedicated to honesty, integrity and transparency," is served up on the company's website.
"Over the past year or so we have been appalled to learn the extent of just how much fraud and manipulation is costing real Americans investing in small public companies," the website explains. "Then, we had an idea of how to help combat the bad guys and try to make a difference.
"The idea is to form a company that finds other company's (sic) trying to run a legitimate business that is free of fraud, intentional manipulation, massive dilution, etc., then tell everyone about those companies.
"From this rose The Owners Group Inc. whose goal is to provide information on small companies managed with Honesty, Integrity and Transparency (HIT) so our member's risk of losing money through dishonest practices is reduced."
Evidently The Owners Group, which boasts another CMKM shareholder, Kevin West, as vice-president, is reportedly in the process of completing a private offering and has plans to become a fully reporting public company.
People can sign on to receive news and e-mail updates regarding The Owners Group's picks, currently consisting of two OTC-BB companies that have reportedly passed muster with the venture's "initial due diligence check."
In a boilerplate disclaimer similar to what can be found on other stock touting sites, The Owners Group discloses that it has received one million restricted shares from American Resources Corp. and two million restricted shares from its other pick, Diamond I Inc.
Meanwhile, Mr. Frizzell and the other two members of the CMKM liquidating task force are making some progress with respect to the "cert pull" fax campaign.
A downloadable fax cover sheet and instructions are now available on the task force website and two fax lines are being set up.
The saga continues.
Posted by Upside on :
Kind of validates some of the things you've been saying all along Ric.
Posted by legaleagle on :
Windbag
Posted by Ric on :
I always thought it was funny that the cult use lawyers, namely Roger Glenn, but the other lawyers here, to prove that CMKX is legit. But they never seem to realize that great lawyers mainly represent crooks all the time. Thats were the money is. A lawyer can't make money off a honest upright person. Look at the best lawyers in the nation and who are there client list. OJ, Michael Jackson, and the like. You want to know who the biggest crook is then look to see how good their lawyer is.
Posted by Ric on :
He may be a windbag but what he says is actually true. It is just the cult refuses to believe the truth even when the facts are in writing and not his, I mean supporting documents that back up his statements. I always said that Frizzell used fuzzy frizzy math and its the truth.
Posted by bill1352 on :
ya think anyone left in the cult can understand what lee webb said there??? probably not. just as i posted right after the list frizzy added up...its not an add together list its a rolling number. each day is the total FTD. some days the total is up & others its down because of covering the FTD's. they just don't get it. total shares ever traded equal 1.77 billion, even less the Ric & i came up with. that number includes buys & sells. no rights to oil & gas even if there was any, another point of DD missed by the cult. the SEC asked frizzy for his proof & he didn't send it. ya think maybe frizzy & martin have been in this with UC from the get go??? acts tough with cmkx a few times to set the scam up. what ever happened to those lawsuits frizzy wanted brought against ppl of the master list??? never did post a reply from stocklien. guess that was revoked too. my only question is...did UC get paid on the side for his scam & his cult by entourage???
Posted by Ric on :
Hey, has anyone heard from Wallace? I noticed he hasn't posted since Oct 24th. Just wonder if he got booted because of QBID. When I checked his lastest post there was no Qbid posts and I thought he was writing some on that thread. But still almost 3 weeks. I hope everything is alright.
Posted by bill1352 on :
wallace was banned for good. wont be back.
Posted by bill1352 on :
by the way...they lifted my ban at pb57. i just posted about the lee webb article....should be banned again by morning...lol
Posted by Ric on :
I seen your post on 66. I stopped looking at 57. The post over there is so out of hand it is hard to read and not want to call someone a moron especially Tramp.
Posted by ed19363 on :
quote:Originally posted by legaleagle: Windbag
He is a windbag only because his facts do not jibe with your conjectures. The truth always was hard for you to swallow. When the eventual lawsuits come out against all the people involved, my only hope is that you will be included. IMO, your posts over the past couple months should be construed as part of the massive pump and dump scheme that was CMKX. My wish for you is the cell right next to Urban Casavant's. There are more FACTS in that one post than you have been able to deliver in two years.
Posted by bill1352 on :
thats 66???...thought it was 57...lol.........as for legal...i think once everything we have been saying about cmkx & UC is fact the embarassment & loss of money will be enough punishment. these second teir pumpers, as Will calls them, only run with the chit the main pumping staff come up with. the oil gas stuff is a good example. with all the great DD legal & his pals at CT say they have done, nobody bothered to look at canadian claim laws & rules concerning claim rights. it was started by the main pumpers & the second teir puppets ran with it without ever actually looking at the facts, all the facts. lets hope none of the ppl legal arrested needed all the facts looked at to prove guilt or innocence.
Posted by will on :
Wallace isn't/wasn't banned for good. A misunderstanding, but he can post if/when he chooses to. Probably figures not much more to be said about this dead dog. He's around, just lurking is all.
quote:Originally posted by bill1352: wallace was banned for good. wont be back.
Posted by legaleagle on :
quote:Originally posted by bill1352: by the way...they lifted my ban at pb57. i just posted about the lee webb article....should be banned again by morning...lol
bill, are you sure you meant 57? You can't join there without an invite. And no offense, I don't think anyone there wants you. LOL
However I do see you as a registered member at the basher board, 66 (formerly 32) Now there I can see why, they are running out of negative posters. Even GB has fallen on hard times and digging up old lawsuits to bash with.
Posted by legaleagle on :
quote:Originally posted by will: Wallace isn't/wasn't banned for good. A misunderstanding, but he can post if/when he chooses to. Probably figures not much more to be said about this dead dog. He's around, just lurking is all.
quote:Originally posted by bill1352: wallace was banned for good. wont be back.
LOL, just gives him a good excuse for not apologizing.
Posted by will on :
You don't intend to apologize no matter how obvious a disasterous scam this turns out to be. "turns out to be", what am I saying, I should say, no matter how obvious a disaster this HAS turned out to be. You will always have some cockamamie trivial reason or theory to believe in this nothing stcok. Oh wait, it isn't a stock anymore, it's nothing. If you truly want to apologize I am sure he will read it here, or I will be more than happy to give you his private email address. Maybe he will be gracious enough to give you his phone number, so you can apologize on a more personal level.
Posted by Ric on :
I miss the old fart. Not sure why legal wants him to apologize for being right.
Posted by will on :
It's legal's reverse logic. good is bad, right is wrong. He's had this backwards form day one.
quote:Originally posted by Ric: I miss the old fart. Not sure why legal wants him to apologize for being right.
Posted by Ric on :
I just wonder how long Legal will hold on to this cash, NSS settlement, or whatever. How long will it take for him to see the light.
1) 2 months 2) 6 months 3) 1 year 4) on his death bed 5) He will be brainwashing his grandkids into passing on the theory of being rich off CMKX
Any bets, lol
Posted by will on :
"I just wonder how long Legal will hold on to this cash, NSS settlement, or whatever. How long will it take for him to see the light."
Probably when Urban is dead, and Mahue cannot sit up or control his bodily functions. Then he might start thinking "it" isn't going to happen. However, Urban was a son of the famous pipe organ magnet, maybe one of his filthy offspring has the scam gene.
[ November 12, 2005, 13:48: Message edited by: will ]
Posted by Upside on :
quote:Originally posted by will: "I just wonder how long Legal will hold on to this cash, NSS settlement, or whatever. How long will it take for him to see the light."
Probably when Urban is dead, and Mahue cannot sit up or control his bodily functions. Then he might start thinking "it" isn't going to happen. However, Urban was a son of the famous pipe organ magnet, maybe one of his filthy offspring has the scam gene.
Is he really a son of the pipe organ Casavant? In certain circles that name is held in high regard. Urban's going to foul that up too.
Posted by legaleagle on :
SHHHH..........LISTEN...........CAN YOU HEAR IT?
I CAN
Posted by will on :
You never sounded better, legal !
quote:Originally posted by legaleagle:
Posted by legaleagle on :
THANKS WILL. LOL
GOTCHA. YOU CAN HEAR IT TOO?????? hahahaha
Posted by Prdponce on :
[ November 12, 2005, 16:57: Message edited by: Prdponce ]
Posted by Monopoly Money on :
I'm dissappointed, legal is running out of clever remarks and unsubstiated facts. BAH no reason to read this thread anymore Posted by legaleagle on :
And here I was saving the good stuff until you got back, Money.
Posted by Monopoly Money on :
Well im back so lay it on me:D
Posted by legaleagle on :
No, you were right Money, no need to read this thread anymore.
The handicapping was done along time ago. No need for anymore.
The bets were made and the windows closed.
The race was run.
CMKX and the DTCC/SEC were nose to nose at the finish line.
We only have the results of the photo finish left to see.
Then we either tear up our tickets, or go to the cashier.
Posted by bill1352 on :
cmkx & SEC were nose to nose????? what race were you watching legal???? i remember a famous hagler fight some yrs ago & the boxer cowarded in the corner & yelled "NO Mas". sort of reminds me of that 8k filled by UC & company. crying about being broke, in default everywhere & asking the SEC to just end it.
Posted by bill1352 on :
want proof entourage could very well be heading down the scam trail??? since cmkx is in default all entourage has to do is wait for final judgement & pay united & sask 025 for the claims thus cutting cmkx out completely. any company that cared about its shareholders would not be giving cmkx anything.
Posted by TexasTrader on :
ok....sure...... nice try.......
Posted by Upside on :
quote:Originally posted by restitution: Hello everyone, I'm new to the allstocks website, but very old to the investing game. I was told to come here mainly to explain how the payout to all share members will take place. There is indeed 3 payouts to be handed out. I'm a private investor from boston and I will be more then happy to fax you all the paperwork which proves a payout is in effect. The paper work has been leaked and is pretty much public now, but alot of people seem to have not found it yet. (339) 987-0685 is my work number and I can be reached there at open of the market on monday. Please leave your number where I can fax you the paper work so you can read it for yourself. The settelment is for over 1 billion dollars. Only yhose who pull the certs will recieve a portion of that settelment.. Hope to hear from everyone soon.
Sure, we'll all get right on that.
Posted by RiescoDiQui on :
quote:Originally posted by restitution: Hello everyone, I'm new to the allstocks website, but very old to the investing game. I was told to come here mainly to explain how the payout to all share members will take place. There is indeed 3 payouts to be handed out. I'm a private investor from boston and I will be more then happy to fax you all the paperwork which proves a payout is in effect. The paper work has been leaked and is pretty much public now, but alot of people seem to have not found it yet. (339) 987-0685 is my work number and I can be reached there at open of the market on monday. Please leave your number where I can fax you the paper work so you can read it for yourself. The settelment is for over 1 billion dollars. Only yhose who pull the certs will recieve a portion of that settelment.. Hope to hear from everyone soon.
Now this IS funny. UC sure has about the biggest balls around. Company gets revoked... and he is still trying to spin out more crap.
Posted by restitution on :
quote:Originally posted by RiescoDiQui:
quote:Originally posted by restitution: Hello everyone, I'm new to the allstocks website, but very old to the investing game. I was told to come here mainly to explain how the payout to all share members will take place. There is indeed 3 payouts to be handed out. I'm a private investor from boston and I will be more then happy to fax you all the paperwork which proves a payout is in effect. The paper work has been leaked and is pretty much public now, but alot of people seem to have not found it yet. (339) 987-0685 is my work number and I can be reached there at open of the market on monday. Please leave your number where I can fax you the paper work so you can read it for yourself. The settelment is for over 1 billion dollars. Only yhose who pull the certs will recieve a portion of that settelment.. Hope to hear from everyone soon.
Now this IS funny. UC sure has about the biggest balls around. Company gets revoked... and he is still trying to spin out more crap.
I've seen you assuming on the APVLF thread and now you are assuming I am connected with UB? How about you call my office on monday morning so I can fax you the documents.
Posted by RiescoDiQui on :
UB? How's about you email me the documents?
Posted by Dustoff101 on :
restitution, why not just post your document now..
Posted by restitution on :
I would post it if I had a scanner but I don't own one... I am aware that alot of pumping has been going on with this stock over a span of 2 years, and everyone might find it hard to believe me bu I am willing to fax you the documents..
Posted by legaleagle on :
restitution, you have instantly become the rage of the boards. Man, I hope you have nothing else to do tomorrow.
It probably would save you a great deal of trouble to just post them.
Posted by restitution on :
It's about 32 pages.... I'd suggest you post my first post all over the net. That way someone will indeed call me. I can then foward them the document and then they can post it. I am sure those who on the CMKX boards will be very happy to see this. I know I am...
Posted by Dustoff101 on :
Start typing, cause otherwise your going to be burning up Fax machines!LOL
Posted by Dustoff101 on :
Hmmmmmm, whats the angle here guys?
Posted by legaleagle on :
quote:Originally posted by restitution: It's about 32 pages.... I'd suggest you post my first post all over the net. That way someone will indeed call me. I can then foward them the document and then they can post it. I am sure those who on the CMKX boards will be very happy to see this. I know I am...
Restitution, you don't know how this works do you? Within 5 seconds of your post there were at least 5,000 people taking down your number.
I have already seen it searched and traced to Randolph, MA and is a cell phone serviced by Cellco dba Verizon.
Posted by viqutorious on :
quote:Originally posted by restitution: I would post it if I had a scanner but I don't own one... I am aware that alot of pumping has been going on with this stock over a span of 2 years, and everyone might find it hard to believe me bu I am willing to fax you the documents..
Please, give us a break. You don't have anything. Probably another paid pumper/scammer.
Legal, don't fall for this. Its not true, I'm sure. If anyone had information like this, it wouldn't be some unknown entity posting on Allstocks.
Posted by restitution on :
That's correct.... I would type out all 32 pages but then I don't want anyone to say she has been altered... So I rather everyone see it with the sig of UB at the end which basically states he is GOING to pay 1billion dollars to shares holders who own certs... So if you don't have them please make sure you have them..
Posted by legaleagle on :
viqutorious, I don't fall for anything on these boards. I have to see the proof. But just wait, if this is legit, the copies will be all over the boards within minutes of him faxing them to someone. Then we can take them apart.
Posted by restitution on :
quote:Originally posted by viqutorious:
quote:Originally posted by restitution: I would post it if I had a scanner but I don't own one... I am aware that alot of pumping has been going on with this stock over a span of 2 years, and everyone might find it hard to believe me bu I am willing to fax you the documents..
Please, give us a break. You don't have anything. Probably another paid pumper/scammer.
Legal, don't fall for this. Its not true, I'm sure. If anyone had information like this, it wouldn't be some unknown entity posting on Allstocks.
I understand this might be hard to believe but please give me a chance and let me prove this to everyone. Appears he agreed to settle so he would not be fined by the SEC...
Posted by Ric on :
All I can say is ROFLMAO
I thought Jay Adobe and Acca were the scammers of the revocation process but this guy is taking the cake. Talk about someone that needs to go to jail.
Posted by Dustoff101 on :
Just where in the hell is U/C going to come up with a Billion dollars for shareholders..
OH, I know, he closed the Deal on the Shed! LOL
Posted by Fairly_New on :
Well, Why not give him your fax # then
Posted by viqutorious on :
quote:Originally posted by Ric: All I can say is ROFLMAO
I thought Jay Adobe and Acca were the scammers of the revocation process but this guy is taking the cake. Talk about someone that needs to go to jail.
Sounds like someone is just trying to mess with the CMKX'rs. As if that's a new past time.
Posted by Dustoff101 on :
Or maybe U/C is the one selling all the diluted shares of QBID..ROFLMAO
Ya, thats it! Selling QBID to save CMKX....
Posted by restitution on :
QBID is a different story. Those people believe they will make a ton of money but if you look at the year chart you clearly see she is down a ton. From .003+ 1 year ago to under .001 now. It's sad to see people fall for the "Good company, bad stock" merry go round...
Posted by Dustoff101 on :
quote:Originally posted by restitution: QBID is a different story. Those people believe they will make a ton of money but if you look at the year chart you clearly see she is down a ton. From .003+ 1 year ago to under .001 now. It's sad to see people fall for the "Good company, bad stock" merry go round...
------------------------------------------------- I don't know about *Good company* geezzzz... BTW, it trades at 0.0004-0.0005 and falling..
Posted by legaleagle on :
restitution check your mail. Upper left corner of this page.
Posted by Vinny on :
can anyone here receive the document via fax then perhaps scan it to upload to a site??
Posted by legaleagle on :
Vinny, sounds like he is saying he doesn't have a scanner until he gets to work.
Posted by Vinny on :
He doesn't need a scanner...if he's got the documents in hard copy then he can just fax it. Now if he doesn't have a fax machine then that's a different story
Posted by legaleagle on :
Yes, that is what I am assuming, neither
Posted by Vinny on :
I guess he took off?? YOu still around restitution?
Posted by viqutorious on :
quote:Originally posted by Vinny: I guess he took off?? YOu still around restitution?
Please folks, don't get invested in this guy. Who is going to give you his phone #, especially in light of all the ppl so hungry for information?
C'mon, try to be reasonable or there are going to be a lot of REALLY disappointed ppl tomorrow.
Posted by Ric on :
Actually before CMKX got revokes it was about as far down as QBID. Seeing how CMKX ran to .0012 and went to a low of .00002 right before it stopped trading and now down to 0.
Not taking up for qbid because now that they have diluted to were they are they will be like CMKX sooon and not able to move off .0001/.0002.
Posted by legaleagle on :
viqutorious, restitutions 'documentation' is, what it is. If we don't see it, we won't know whether it is a scam or not. But if we see it, rest assured that thousands will slice it and dice and come up with an answer whether it is good or not.
Posted by Ric on :
To be honest though, anyone now days can using a computer can make up any offical looking document they wanted. I think I will wait to hear it from the horses mouth or horses azz depending on how you look at it.
Posted by Ric on :
And I can believe my ears. Legal is actually being resonable about this. I don't blame anyone for being hopeful. I just like to see facts before its passed off as facts.
Posted by legaleagle on :
quote:Originally posted by Ric: To be honest though, anyone now days can using a computer can make up any offical looking document they wanted. I think I will wait to hear it from the horses mouth or horses azz depending on how you look at it.
Ric if I were going to create a fictitious document, I would probably shoot for 3 pages max, not 32 LOL
Posted by Ric on :
No ones seen the first yet. If this guy is into this as much as he says it surprises me that he doesn't have this on a computer were it is easily e-mailed or posted.
But still if this information was this known and easily accessed then why hasn't the taskforce said anything about it. And if Frizzell is still working for the shareholders then why hasn't he said anything. It seems real suspicious that these people are coming out of the wood works with this over the weekend were it is so hard to confirm. I think Acca and jay wannabes are crawling out of the woodworks myself.
Posted by RiescoDiQui on :
just more wait and see. This is absolutely no different than all those BS pr's saying "we rented a drill" "we're going to drill" "just wait till we drill... you'll all be rich" "UC loves you" more of the same crap.
Posted by viqutorious on :
quote:Originally posted by Ric: No ones seen the first yet. If this guy is into this as much as he says it surprises me that he doesn't have this on a computer were it is easily e-mailed or posted.
But still if this information was this known and easily accessed then why hasn't the taskforce said anything about it. And if Frizzell is still working for the shareholders then why hasn't he said anything. It seems real suspicious that these people are coming out of the wood works with this over the weekend were it is so hard to confirm. I think Acca and jay wannabes are crawling out of the woodworks myself.
Thank you Ric. At least someone with some kind of sense. The whole story is so absurd.
Ok, everyone, wait for the 32 page document. There are already three separate threads started on one of the CMKX boards about this ridiculous post.
Legal, its not about the "document" being what it is, rather, it is about this document being non-existant. Its hype.
This is Allstocks on a very slow Sunday. Think about it fellas. Hmmmmm
Posted by legaleagle on :
viqutorious, actually I am more concerned about your near panic to keep people from even inquiring about it.
Posted by viqutorious on :
quote:Originally posted by legaleagle: viqutorious, actually I am more concerned about your near panic to keep people from even inquiring about it.
Ok, have it your way. Sorry to concern you with my "panic." But you posted it on CMKX thread and got ppl too hopeful and excited. I didn't think it was fair. But, ok...
Talk to me about it tomorrow. Good luck.
Posted by Ric on :
Lets see here. These are the same people that say there is 2 trillion shares and a .54 settlement. Lets look at numbers using 2 trillion with NSS
2 Trillion as Legal would wish:
.50 = 1 trillion dollar (come on, no one could honestly believe that could they) .05 = 100 billion dollars .005 = 10 billion dollars .0005 = 1 billion dollars which is close to the largest settlement ever in the US
Using 800 Billion - but then there couldn't be a settlement either because no NSS
I know people like to dream but common sense should kick in every once in awhile.
Posted by viqutorious on :
quote:Originally posted by Ric: Lets see here. These are the same people that say there is 2 trillion shares and a .54 settlement. Lets look at numbers using 2 trillion with NSS
2 Trillion as Legal would wish:
.50 = 1 trillion dollar (come on, no one could honestly believe that could they) .05 = 100 billion dollars .005 = 10 billion dollars .0005 = 1 billion dollars which is close to the largest settlement ever in the US
Using 800 Billion - but then there couldn't be a settlement either because no NSS
I know people like to dream but common sense should kick in every once in awhile.
Ric, I think you're asking for alot when you talk about CMKX.
Posted by restitution on :
quote:Originally posted by Ric: No ones seen the first yet. If this guy is into this as much as he says it surprises me that he doesn't have this on a computer were it is easily e-mailed or posted.
But still if this information was this known and easily accessed then why hasn't the taskforce said anything about it. And if Frizzell is still working for the shareholders then why hasn't he said anything. It seems real suspicious that these people are coming out of the wood works with this over the weekend were it is so hard to confirm. I think Acca and jay wannabes are crawling out of the woodworks myself.
Why would it surprise you I don't have it on a computer? You much like everyone else will have to wait to recieve it over fax. It's that simple... Everyone wants to be so bossy and say what I have and what I don't. I can simply not release this and everyone will be back to square one guessing what is going to happen with this stock. Please stop the PM's and wait till Monday.. Thank you
Posted by RiescoDiQui on :
lol... more "wait and see"
Posted by Highwaychild on :
The fun never stops!LOL
Restitution, I've been watching this for a long time. Been FULL of comedy too. Lot's of ups and downs, mostly downs. I want to thank you for one more "now what's this chit?"... Got my $'s worth on this one(+ some free shares), just on the speculations alone. Man, this has been some fun and funny stuff.
Posted by Polarbear17 on :
Want to hear something real silly , i just got a email from ChoiceTrade regarding Cert's for CMKX. They expect me to pay Choicetrade $75.00 to have them sent to me. Frist they are my property so wh should i have to pay extra for them . Second do they thing i'm that stupid after buying 100k worth of CMKX 1 1/2 years ago At a cost of $10.00 + $20 Commsion =$30.00 that i'm going to spend another $75.00 so some rich brokeagre frim rips me off again for a little $10 investment that got revoked , and if i'm really lucky i might see 1 share of Entourage out of this after all is said and done. Do these compaines think were that naive, they NSS this to the bottom, UC Killed it to save his hide , and now lives in LAS VEgas in a 3mill house all on our money. Will i sit her wondering how i'm going to support myself and my wife , NO job, no hope of ever getting one because of silly laws in this country.
Posted by Vinny on :
quote:Originally posted by Polarbear17: Want to hear something real silly , i just got a email from ChoiceTrade regarding Cert's for CMKX. They expect me to pay Choicetrade $75.00 to have them sent to me. Frist they are my property so wh should i have to pay extra for them . Second do they thing i'm that stupid after buying 100k worth of CMKX 1 1/2 years ago At a cost of $10.00 + $20 Commsion =$30.00 that i'm going to spend another $75.00 so some rich brokeagre frim rips me off again for a little $10 investment that got revoked , and if i'm really lucky i might see 1 share of Entourage out of this after all is said and done. Do these compaines think were that naive, they NSS this to the bottom, UC Killed it to save his hide , and now lives in LAS VEgas in a 3mill house all on our money. Will i sit her wondering how i'm going to support myself and my wife , NO job, no hope of ever getting one because of silly laws in this country.
You sound lazy...don't wanna get certs, don't wanna get a job...take some accountability and get off your hide.
Posted by Polarbear17 on :
I'm not Lazy, Just dont see the point in paying out more money on a lost cause. As for not wanting to get a job i wish i could , but have you tryed to get a job lately in america , the frist thing they ask for is to see Id to prove your legally allowed to work here , It sucks man . esp when you dont have a Social Security number , No were i can get one real cheap.Then i might get a job.
Posted by Vinny on :
I've never had to try to get a job in the US because I live in the best country in the world...CANADA. As for not being legally allowed to work...why don't you have a social security nubmer??
Posted by bill1352 on :
wanna bet the number for the fax charges you $'s per minute. any 2 bit clown would know the deal with the cmkx cult. post something like that & your phone will be ringing for days & it won't show on your bill for a couple weeks. long enough so that nobody will know till after the calls stop. Legal did you say the number was serviced by a South American Verision company??? but registered to MA.???? you know how easy that is to set up? once a sucker, always a sucker....should be the new cult slogan....lol
Posted by ed19363 on :
quote:Originally posted by restitution: That's correct.... I would type out all 32 pages but then I don't want anyone to say she has been altered... So I rather everyone see it with the sig of UB at the end which basically states he is GOING to pay 1billion dollars to shares holders who own certs... So if you don't have them please make sure you have them..
Who the hell is UB?????
Posted by legaleagle on :
quote:Originally posted by bill1352: wanna bet the number for the fax charges you $'s per minute. any 2 bit clown would know the deal with the cmkx cult. post something like that & your phone will be ringing for days & it won't show on your bill for a couple weeks. long enough so that nobody will know till after the calls stop. Legal did you say the number was serviced by a South American Verision company??? but registered to MA.???? you know how easy that is to set up? once a sucker, always a sucker....should be the new cult slogan....lol
I said nothing about a SA Verizon. Do you know something we don't?
Posted by Ric on :
Even the cult site is saying this is probably a way to collect fax numbers for spam.
Posted by ed19363 on :
I figure if the guy doesnt know the difference between UB and UC, it is a scam. I notice frequently that scams contain many misspellings, probably due to a lack of research on what you are scamming.
Posted by QBID'n on :
quote: -------------------------------------------------------------------------------- Originally posted by Ric:
quote: -------------------------------------------------------------------------------- Originally posted by kilerb: Really? They could explode and make huge cash when they do. I know a lot of people have been long on QBID for instance for a long time now. --------------------------------------------------------------------------------
Thats the dream that has burnt so many new investors in this market. But it seems no one wants advice from the long time investors in the sub penny market. They just have to get burnt several tines then they learn. Usually after a year in this market.
There is no long term play in this market but saying that I know you won't listen. Just remember this after you do learn and don't just say, I won't invest in this market again as many do.
Just learn how the game is played and play the game and you can make money at this level. I guarantee that anyone that tells you to hold this penny stock long that it will take off soon has been holding on for way too long and is just hoping that if they can get enough new investors to sign up it can make this move. But for every new long term investor the company probably just added that many shares to the market in the form of dilution. Not only causing the stock not to increase in value but in fact decrease. --------------------------------------------------------------------------------
...ahhh BULLSH*T!!! Ric...never thought I'd ever have to react like this, but as a rookie, I'm just sick and tired of reading about how a seasoned investor, like yourself, can go as far to repeatedly state, and I quote, "There is no long term play in this market". Man thats not a respectful warning. Due to your own bad investments, thats your self-denial in refusing there are longs.
In this sub penny market there have been longs, and someone like you should know that. Don't cast a shadow down on us rookies just because you may have been burned a time or two.
Getting burned occasionally is only one element of "high risk" in this market and thats it! It does not mean that no one can never find a long.
Investors in this market, as they continue to invest, will, eventually find a long, maybe two. So do the rookies, such as myself, a favor and keep your negative experiences out of the risk/reward ratio equation. Because until we find our long, we would rather just make the best of our experiences here on Allstock's without the false testaments.
QBID'n Faithfully 5M "LONG"
Posted by Ric on :
Can't handle the truth there. Not sure how you figure I am wrong. You are long on QBID. It was at 7.5 billion share o/s last year when it ran to .028. Now after a year and a half they diluted the stock to 44 billion and it is worth .0004. I think it proved my point quiet well. I can take you through so many hopefuls last year and show you were they are at now and all have been diluted and pps has plummeted. You obviously haven't done any research onb this matter. I make money on Qbid because I didn't hold long. I bought and sold it several times for profit. I even made money on CMKX last year. You make money in this market off the hype not long term holds. You need to read this USA Today article. You will see I am not the only one who thinks this way. And most people that are making money at this level never hold pinksheets long.
quote:Originally posted by Ric: Can't handle the truth there. Not sure how you figure I am wrong. You are long on QBID. It was at 7.5 billion share o/s last year when it ran to .028. Now after a year and a half they diluted the stock to 44 billion and it is worth .0004. I think it proved my point quiet well. I can take you through so many hopefuls last year and show you were they are at now and all have been diluted and pps has plummeted. You obviously haven't done any research onb this matter. I make money on Qbid because I didn't hold long. I bought and sold it several times for profit. I even made money on CMKX last year. You make money in this market off the hype not long term holds. You need to read this USA Today article. You will see I am not the only one who thinks this way. And most people that are making money at this level never hold pinksheets long.
Ric I expected such a reply. Last year, last year, in the past and in the past. This is now! "Q" didn't have to bloom last year. Look where they are with progress today. And progress IS the key word, although in many aspects, toward achieving successful longterm status.
You obviously have underestimated Frank Olsen's abilities in achieving success in building a successful and profitable business for the GLBT community. Here's a bone, profitability within the GLBT's market continues to rapidly show both stability and reliabilty...and Frank sure seems to be taking strides in setting up "Q" for those profits within this great prospect of a market.
I'm not going to argue this senseless point with you anymore. As this will be my last response.
But brother, I will leave you with these two words..."Business Structure".
Posted by Ric on :
Yes but I was talking about holding sub-pennies for a long term hold. If your talking about long term hold then you have to talk about the past, duh. Have you looked at Q's chart. Its a straight line down. If you have been holding long you have lost your shirt. If you sold and bought at bottom then you have a chance. But any investor will set stop loses and get out before a stock drops to low. Why not stay in QBID and pump. I am not over there trying to stop you so please don't insist on showing how foolish this is to continue convincing anyone that holding a stock that is dropping like a rock is good investing.
I am sorry, but I am not the one that has diluted QBID to this number and it is huge. Stocks don't rebound from 44 billion shares. Sorry but thats not a good business structure.
[ November 14, 2005, 13:34: Message edited by: Ric ]
Posted by ed19363 on :
Never heard "progress" described as "dropping like a rock"......LOL Does anyone have an example of a sub-penny stock that has made anyone money long-term?? I dont mean by flipping it, I mean by buying it and holding it for a year or so.
Posted by Vinny on :
What happened to restitution...did he end up faxing the "document" to anyone?? LOL
Posted by bill1352 on :
i stand corrected legal...i thought i read a post by you stating that phone # had been googled & it was from a spanish named verision company with an address in massachusets but i can't find the post now...lol i hadn't finished my first cup of coffee yet when i was reading that chit this AM so give me a break...lol
Posted by bill1352 on :
Ric, are you trying to use logic again with ppl that fall in love with a stock??? you haven't learned the folly of such banter yet from cmkx??? ....lol what was it, 15 months ago you & i disagreed on Q's o/s??? (we won't mention that i was right at the time...lol) i agree Q is doing good things but as you say...you can't move a 44 billion o/s. supply & demand the law of everythings cost. ppl see it & pay for it everyday at the gas pumps but when its a penny stock they think that law doesn't apply. baffling.
Posted by Upside on :
Jump all over him Legal! Come on!
Posted by bill1352 on :
thanks Up...like he needed a push in that direction...lol
Posted by Upside on :
Anything for a fight.
Posted by bill1352 on :
if your that bored get your pics of Will in his sundress out...that should entertain ya for a bit....lol
Posted by Upside on :
I've seen people post pics here, wonder if I could figure out how to do it.
Posted by bill1352 on :
PLEASE DON"T!!!!!! thats 1 person i never want to see in a dress...lol
Posted by Upside on :
quote:Originally posted by bill1352: PLEASE DON"T!!!!!! thats 1 person i never want to see in a dress...lol
No, I won't. I'm thinking about building a pay per view website, willinadress.com. There's gotta be x amount of sick people out there willing to pay 10 bucks or so a pop. I'll have to set up a free preview page to draw them in though.
Posted by Ric on :
You was only right after I figured out that I was wrong, lol.
What was funny about his banter is the fact I said the new longs wouldn't believe me and they would have to learn for themselves. I knew I would be right on that one. lol
quote:Originally posted by bill1352: Ric, are you trying to use logic again with ppl that fall in love with a stock??? you haven't learned the folly of such banter yet from cmkx??? ....lol what was it, 15 months ago you & i disagreed on Q's o/s??? (we won't mention that i was right at the time...lol) i agree Q is doing good things but as you say...you can't move a 44 billion o/s. supply & demand the law of everythings cost. ppl see it & pay for it everyday at the gas pumps but when its a penny stock they think that law doesn't apply. baffling.
Posted by RiescoDiQui on :
hmmmmn.. no fax today.... how odd. This has to be the funniest most interesting stock ever to corrupt the market.
Posted by Ric on :
Any other Veteran go out and get their free meal at Golden Corral for veterans day. Man I am stuffed.
Posted by ed19363 on :
quote:Originally posted by Upside:
quote:Originally posted by bill1352: PLEASE DON"T!!!!!! thats 1 person i never want to see in a dress...lol
No, I won't. I'm thinking about building a pay per view website, willinadress.com. There's gotta be x amount of sick people out there willing to pay 10 bucks or so a pop. I'll have to set up a free preview page to draw them in though.
Let me know if you decide to sell stock in this venture...has to be at least as good as CMKX was....
Posted by Upside on :
quote:Originally posted by ed19363:
quote:Originally posted by Upside:
quote:Originally posted by bill1352: PLEASE DON"T!!!!!! thats 1 person i never want to see in a dress...lol
No, I won't. I'm thinking about building a pay per view website, willinadress.com. There's gotta be x amount of sick people out there willing to pay 10 bucks or so a pop. I'll have to set up a free preview page to draw them in though.
Let me know if you decide to sell stock in this venture...has to be at least as good as CMKX was....
We could buy a clean Nevada shell and take it public. Doesn't cost too much. What's our funny car logo going to be though, Got Will?
Posted by Ric on :
What a sick joke, the infamous posters are supposely exposed. Three sick people that were ex pumpers turned basher while passing off pumping theories under a different name.
And he banned Bill and ED for calling UC a crook, roflmao.
spoal God of Diamonds Joined: Aug 2004 Gender: Female Posts: 1,362 Re: what happened. i missed it. « Reply #8 on Today at 9:30pm »
-------------------------------------------------------------------------------- The thread has been deleted. I missed it too but evidently GB has confessed tonight that he BD and Canuck, or the psychos of 32 as they shall now be known, have in fact been moonlighting as jay_adobe, carquest and elo. The truth of it has yet to be established because they haven't gone on RB and posted as such, but they are for all intents and purposes, done on this board and any other CMKX board unless they want to start one just for the three of them and maybe their good bud CDLIC. Thats about the gist of it as I've been able to gather.
--------------------------------------------
G Burns, Canuck, BrainDamage, No Respect « Thread Started on Today at 9:40pm »
-------------------------------------------------------------------------------- This is a sick Joke I hope and if it is you guys are not ever welcome here...You all Have lost all respect from me....
Here is the post G Burns made on 32
As you can tell by the title I am about to admit something I am a bit ashamed of. What started as something to bring people a little hope and to just kind of see if it would work… turned into something we were afraid to stop.
From beginning to end we sort of did it to just see what people would believe. A psychological test if you will.
On many nights it brought me to tears with laughter due to peoples responses. I started feeling bad about it after seeing how people hung on the posts and even used it as some sort of valid DD. It sickened me in a way and I’m sorry to any of those that I have hurt.
I have been the poster you know of as Jay_Adobe on RB.
Again, I am sorry. I would hope that Canuck and BrainDamage would follow as we came up with the characters together and have reached an agreement to out ourselves.
I for one am deeply sorry to any of those that I may have hurt by this action.
I’m sorry.
-burns.
---------------------------------------------
glorious Dr. Of Diamonds Joined: Sept 2004 Posts: 143 Re: what happened. i missed it. « Reply #9 on Today at 9:32pm »
-------------------------------------------------------------------------------- George said that he is Jay Adobe from RB, Braindamage is ELO, Canuck is Carquest 44. They strung people along with info & garbage & now George feels like he made a big mistake. The discussion is pathetic. I want to talk about stock not sicko's
g
Posted by stockforfun on :
Is CMKX still in business ? I thought CMKX was gone with the wind !
Posted by Highwaychild on :
Ric, just checked it out, that is pretty sad, all the threads about it and all. But that news, it would be as big as if Wallace came on here cheerleading for UC and CMKX.LOL
Posted by Ric on :
Now they are saying it was a sick joke so who knows. These are the ex-leaders of CMKX. The ones that Lagal used to repost from. And people wonder how CMKX got to where its at. What a scam and the main players are just as big of scams as the company.
Posted by Highwaychild on :
Stockforfun, Gone with the wind unless something drastic happens.
Posted by Ric on :
Now the ultimate joke is played. The pumper turned basher George Burns has been given the PB66 board. The chit just hit the fan and the die hard pumpers are going crazy. Talk about a melt down. I bet Legal is having a fit right now. I seen Debi has already gone off and the quack Lady Di. Wonder if one of the networks would buy this script off me?
Posted by legaleagle on :
The silly game played by George and the others is a good example of their mentality.
I gave up on that board some time back, but stop by occasionally to poke George with a stick, just to hear him bark. LOL
Posted by ed19363 on :
Sick jokes like that deserve some sick jail time, IMO.
Posted by ed19363 on :
Legal, seems to me you were the one dragging their bullsh*t over here. Now all of a sudden you dont know them? With friends like you, we dont need any enemies. Maybe we can arrange for you to have a cell near theirs so you can discuss it.
Posted by legaleagle on :
Ed, George Burns used to be very good with DD and with presentation of viable, reasoned theory. If he had an exceptional post, I would bring it here, yes. Why not have a basis for discussion besides sundresses and outhouses?
But then he disappeared for several months and when he returned, my first encounter with him was at Sterlings PalTalk. He verbally, sexually assaulted one of the women posters there in an IM that was so bad it can't be reposted here. We bounced and banned him immediately.
From there he began an anti-CMKX and anti-UC campaign that he has pushed relentlessly. When something like that happens, you really must question motives, agendas and even mental state.
But the bright side is, he will probably have a place for you on his staff if you hurry. LOL
Posted by ed19363 on :
I dont want to be on anyone's staff. I want a resolution of CMKX and it's assets (haha). After that, I'm gone forever from this board and penny stocks in general. Eventually everyone gets what is coming to them. Hopefully, you all will too.
Posted by bill1352 on :
now ED...is that anyway to feel??? most everyone on this board & every cmkx board has lost money on this POS. the differance is on this board only legal is left that doesn't realize it...YET...lol. a few ppl made money on its quick run almost 2 yrs ago & some on the partners in crime runs but anyone that bought during that run or held thru it lost cash. GB & the others is a prime example of why this thread still runs & why we are here...entertainment. where else can you get someone to pull some out there idea out their azz & a large group of ppl not only believe it but buy more shares? where else can you add that to sundresses & outhouses? and this stuff only happens in pennyland, where dreams of getting rich quick delete all reality based brain activity.
Posted by Upside on :
That's a good way to look at it Bill. If two years ago though someone told me I'd be an active poster on a penny stock message board, talking about the scam of the century, men in sundresses, corncobs in outhouses, dead horses (snip), shovels, hemorrhoids, nutsacks, funny cars, toilet paper certs, and any of the other multitude of topics we've covered, well, one could make a reasonable argument for suicide.
Posted by ed19363 on :
I agree to most of that, bill, but I cant seem to pick a winner, so I am thinking about buying more expensive stocks, collecting the divvies (cash), and relaxing a bit. A long time ago, I was advised that the only way to get rich is to work hard. Now I believe it. These penny stocks are just a pipe dream. A million millionaires...right...that should have tipped me off years ago. Instead we end up with ONE millionaire (if he can keep it thru all the lawsuits).
Posted by netra on :
sorry legal, i think the word is ....FLUSHED
Posted by ed19363 on :
Yeah, and we are the ones who got stung.
Posted by legaleagle on :
Zen: major cash settlement is coming our way
Zen: major cash settlement is coming our way
Author Topic: New post by Zeninvestor (Nov. 16/05) carats4me Ace of Diamonds
member is offline
Joined: Nov 2005 Gender: Male Posts: 2,308 Location: NJ New post by Zeninvestor « Thread Started on Today at 11:40am »
-------------------------------------------------------------------------------- Something to chew on « Thread Started on Today at 8:35am »
------------------------------------------------------------------------ Sorry gang, but in my very firm opinion a major cash settlement is coming our way. As noted, I have been speculating on pink sheets for 11 years now. Something is happening right now that is so out of the realm of possibility that it defies logic - and imo means things have finally reversed course in our favor.
There is ABSOLUTELY NO WAY imo that brokers would start waiving fees and going above and beyond to facilitate the ordering of certs in a REVOKED pink sheet unless either
a) they are being coerced,
b) it is in their best financial interest to do so, or
c) they are attempting to curry favor with their clients now in anticipation of much larger accounts they might have in the near future.
The old standard for handling revoked stocks was that they would be more than happy to cash out your position for a dollar so that you could take the tax loss. Suddenly, they are pumping sunshine up everyone's backside trying to get them their certs as quickly and efficiently as possible.
Of course, I'm talking about the major brokerages that actually ARE doing that. Naturally, othes are balking and stalling, and isn't that telliing in its own right? But for major brokerage firms to take the time and resources and money to
1) waive fees,
2) try to coordinate and expedite the process to ensure a pre-12/31 delivery and
3) do so willingly, means something BIG is up. This just DOES NOT HAPPEN. EVER. Especially to a revoked pink sheet. This stock is dead. Done. Over. Think about it. Why are brokers falling over themselves to make this happen. To waive $50 fees? All for a pink sheet? To automatically pull certs for shareholders? Just out of kindness? I think NOT.
There is something infinitely bigger going on here that I believe will finally prove why we have been through more machinations and disinformation than any other stock in the history of the financial markets. It's time to break out the popcorn again. It's been 18 LONG, PAINFUL months for me, but I believe they have finally fixed the projector and we should be ready for the feature movie soon.
The funniest part is that everybody is LOCKED IN now. You cannot leave. The only way you can lose now is if you voluntarily decide you want zero. Given that no more cmkx can be sold or bought legally or illegaly (outside of private transactions), I'd say we have now officially entered "mop-up" phase. Time for Maheu to clean the rest of the riffraff up and I think the brokerage compliance on the cert issue is a MAJOR signal that the tide has officially turned.
Stay tuned. I have no doubt the CMKM Task Force will keep us apprised.
Author Topic: more zen (NOv. 16/05)
Posted by Doctoall on :
E-trade update: Customer service is advising it's customers that the CMKX certs will be in the hands of it's customers no later than December 20th .
Posted by Polarbear17 on :
I personaly have no intention of ordering my Certs , this thing is dead , and isn't worth the fee . I had at one time 100k shares a whole $10 wrapped up in this so i figure i lost lunch at mcdonalds. Who in there right mind would order certs for a revoked company. Its a scam to get you to hand over more money folks dont be sucked in again.....
Posted by legaleagle on :
And folks should alway listen to a "high roller" when they give advice.
Posted by CashCowMoo on :
you might as well pull certs if you made it this far....at least you could try to break even with the entourage shares you know? i think CMKX will bring me back something! if it was dead it would be dead, but its not they are still doing things
Posted by Ric on :
quote:Originally posted by legaleagle: And folks should alway listen to a "high roller" when they give advice.
You mean "high roller" as in where UC gambled all cmkx's money away, at least what he didn't use to buy his toys and his personal race car with
Posted by Upside on :
quote:Originally posted by legaleagle: And folks should alway listen to a "high roller" when they give advice.
What's it matter how many shares he's got? Wait a minute, it does. He invested 10 bucks, many "high rollers" invested thousands. You tell me who's the smart one?
Posted by legaleagle on :
Remains to be seen.
Posted by bill1352 on :
thanks for bringing Zen in here legal...we needed something to have fun with...lol...on to the rip apart....curry favor???? much bigger accounts??? & that tired old settlement thing again. first, if the major brokers i.e. the brokers that hold the most shares for ppl are doing everything they can to get you certs they must not be short any certs. second, as we all know when anything happens in cmkxland & a phone number is attached to the happening that number get crushed with calls. ya think maybe instead of having to answer a few thousand calls asking the same question it would be easier & maybe even cheaper to just send the certs & get cmkx out of their hair? ya think maybe they are sick of 2 yrs of cmkx calls asking why the pps has dropped & are they shorted? & if only the smaller brokers are balking i.e. the brokers with the smallest amount of shares in accounts that doesn't help the trillion short idea very much. but then thats obvious thinking not dreamland, i couldn't have been wrong thinking.
Posted by ed19363 on :
Why couldnt we leave this thread on page 3 where it belongs??
Posted by Ric on :
quote:Originally posted by ed19363: Why couldnt we leave this thread on page 3 where it belongs??
Legal hasn't apologized yet for his error in judgment. Saying he was so sorry he didn't listen to us that brought real facts to the board and proved this to be a scam long ago. lol
Posted by ed19363 on :
Oh, but we have a settlement coming.... I figure it should be about .001 per share. Isn't that worth waiting for two years? Besides, legal will never apologize even if he is wrong. He'll just up his dosage of Prozac and go on his merry way.
Posted by Polarbear17 on :
No a settlement of .001 per share on a little 100k is only a $100 not worth getting excited about or ordering certs about and paying $75 just to get them. Even if it were true . I feel we are dead>>>
Posted by ed19363 on :
LOL, not only dead but decaying.....
Posted by will on :
Here ya go noah, here's a brainless twit that you can sell your sting story to. He just opened thread asking what has happened. He can read the thread here, or you can explain all the good stuff you have privaledge information on. Tell him to piss away more money on ordering up hs certs. If he's in he wins, if he's out he'll pout.
Author Topic: cmkx ? wboo Member
Rate Member posted November 17, 2005 20:34 -------------------------------------------------------------------------------- I've been out of the loop for a while, what has happend to cmkx? Do they have another stock symbol or have they gone under?
Btw :
There isn't any NSS There isn't any sting operation There is NOTHING
Posted by Ric on :
I give you the head moron. Sorry but there is no better word for him:
tramp Global Moderator
member is offline
Joined: Sept 2005 Gender: Male Posts: 10,108 Location: wyoming
Re: Are you ready to think big, yet? « Reply #28 on Today at 6:08pm »
this is what i think got willy so dam scared last friday nite, when he heard a number.. and he wrote jay.. i think jay knows our vaulation and the true naked short..
what i was thinking of at least a 5 tril valuation and at least a 2 1/2 short.. for at least 2.00 a share..
i believe its going to be a whole lot higher.. and thats why i am not so sceptical now of that 3.98 number..
now are u ready for this? i heard,, and dismissed it.. 9 trillion valuation.. ok.. even if its btw 5 and 9.. its mind boggling..
holdnolonger had a good thread about how with our valuation, we can save the usa's butt from bankruptcy.. last one who did that, was JP Morgan, 1891.. the silver crisis.
and that can explain why, we had all the co-operation to clean up the naked short and bust some ass at the same time.
--------------------------------------
Same guy different post:
Re: Are you ready to think big, yet? « Reply #16 on Today at 5:20pm »
-------------------------------------------------------------------------------- ok everyone.. we all missed this big clue, what the broker said to deli.. here it is.. now understand this and read close..
His broker told him gov, mm's and brokers are working on a settlement that will be paid based on valuation and NSS......no $$ figure given.
now, that means a valuation is done, a feasibility study, remember i wrote about that in the past many a time.. now what the settlement will be based on this is what i am getting is..
say a 5 tril valuation...by a 2 1/2 trill short, is 2.00 a share.
so.. even thought they have the obo/nobo list, and they can call those DTCC numbers real fast too, and thats a total amount of shares.. brokers, and of course our certs.. see the picture now?
i have heard we had over a 5 trillion valuation.. and yes, don't be shocked.. we have alot of diamonds, but we have alot of uranium too, and we have alot of oil and gas.. see that picture now?
so a 2.00 a share settlement is very real.. and above 2.00
now, govt, mm, brokers.. and now u undertsand the big push, rush, the scurring going about..
and when you say govt.. big george is in on this too.. remember DR. D said, 2 weeks ago, big eyes from washington are watching us?
bingo.. we have a winner..
its clear as day to me now..THINK BIG.
Posted by stockster5 on :
UM,... I think there's alittle opium in his koolaid this time. Isn't that like they have to come up with over 10 Trillion dollars. That's close to the national debt I think. whoa.
Posted by ed19363 on :
Oh, I get it now. UC will pay off the national debt, and write a book about how he did it. And every shareholder who can prove he has certs will share in the profits from the sale of the book. Sheesh, that's so simple, I dont know why I didnt see it all along.......
Posted by a4realguy on :
Why is this thread still alive? CMKX is dead...
Posted by bill1352 on :
a4realguy Member
Member Rated: posted November 18, 2005 07:58 -------------------------------------------------------------------------------- Why is this thread still alive? CMKX is dead...
because we have fun in here. always worth a laugh (see above repost by Ric). if that bothers you dont come in this thread.
Posted by Hammer on :
Why isn't that guy Urban Casavant either being investigated for fraud or in jail already?
Posted by legaleagle on :
Hammer you have hit the nail right on the head.
And the answer to your question is a real quandry for the negs.
The first bad news for the newest scam. Another company that doesnt appear to know what it's doing. Hang on for further developments. All IMO, of course.....
Posted by Doctoall on :
The closing of the private placement allows the Company to proceed with the issuance of 53,888,888 shares in the Company's capital stock pursuant to the terms of the Agreements. Of those shares, 50,000,000 (the ``CMKM Shares'') will be forwarded to the CMKM Task Force (the ``Task Force''), a group appointed by CMKM, for distribution to the CMKM shareholders. The Company is awaiting registration instructions from the Task Force so that the Company can instruct its trust and transfer agent on the issuance of the shares
Who gets the extra 3,888,888 shares ? I wonder who Posted by bill1352 on :
Ed Koch gets them Doc...the guy that owns Sask 025 & its claims.
"The Company has been advised by CMKM that former CMKM President Urban Casavant will not receive any of the CMKM Shares and has further been advised that he will not receive any shares issued as part of the private placement. Both he and the Task Force have been advised to seek legal advice as to what, if any, reporting requirements may arise as a result of the issuance of the CMKM Shares."
the placement came up short & this note UC was not getting any of the placement shares...wonder if the fact that entourage is reporting everything took UC out of the placement shares. that & the fact they will only be sold in canada, not registered for sale in the US market. ya can't sell that many shares in canada & not report it. since the pps is down to .25 & the placement is .15 plus option for .25 per share somebody might have just backed out because they had some business sense. by the time they can sell the shares it will be .15 or less, even in only the 4 months mentioned. also notice the Task Force is restricting the shares. wanna bet there will be a cost to go from restricted to unrestricted???
Posted by Otttoman on :
The # of certs being recorded by the owners group continues to rise and should grow quickly by the end of Dec. when many people will receive their certs, IMO. It should be interesting to see if CMKX can provee a large naked short. This affects many companys, especially pennies, so I would think that everyone would have a vested interest to see if CMKX can prove it, and then what (if anything) happens as a result. With the new SHO list now out, it appears that the naked short problem is becoming more visible. My only question is what is going to be done to resolve it. It's one thing to list companies with potential naked short problems, it's another thing to stop it. And I currently just don't see anything being done to try and stop it. Just maybe CMKX can do some good by helping to put an end to the nss problem if it is proven, which will help us all with our other stock investments.
Posted by Ric on :
Bill: ya can't sell that many shares in canada & not report it.
lol - UC sure did give it a go didn't he. Thats why CMKX can't trade in Sack any more. He did sell unregistered shares in Canada and got caught. lol
Posted by Upside on :
Hey, I've got a wifeless Friday night ahead of me and no plans. Anybody wanna argue nonsensically for a couple hours?
Posted by Ric on :
I have a question about the late great Roger Glenn. How come he is such a great securities lawyer yet when working with CMKX with claims of filing soon, now with USCA they haven't filed once since he moved there? I mean he moves to another OTCBB and they stop filing to. Sounds to me that he is being hired to figure out how to stop filing while the company dumps shares, not how to get them to file. Don't that make you wonder Legal.
But as I stated in a earlier post, if you want to find out who is in the biggest trouble or who is the biggest crook, look to see how good their lawyer is. The better the lawyer usually the better the crook. Great lawyer go where the money is and there is no money in the innocent.
Posted by Ric on :
I really worry about our school system or it may be the koolaid. This is not a random sample. The ones with the most shares and the biggest koolaid drinkers pulled there shares before this was announced so there is larger shareholders sending in the information right now. Those with little shares had no reason to pull shares and may still not pull them. This was Frizzells problem earlier.
Statistics show unless you have a true random sampling then the ones that have the most interest in the sample will send in the sample information first. Those that have little interest usually don't bother or send in last.
This is basic statistics. What if 40K only own 4 million shares or less and they don't feel it is worth the bother. No one know because the sampling is bad data. No one will know this answer till the end because of the way it is being conducted. Unless the company gives the small investor a reason to pay $40-$50 to pull certs then they may never do it.
quote:Originally posted by Otttoman: The # of certs being recorded by the owners group continues to rise and should grow quickly by the end of Dec. when many people will receive their certs, IMO. It should be interesting to see if CMKX can provee a large naked short. This affects many companys, especially pennies, so I would think that everyone would have a vested interest to see if CMKX can prove it, and then what (if anything) happens as a result. With the new SHO list now out, it appears that the naked short problem is becoming more visible. My only question is what is going to be done to resolve it. It's one thing to list companies with potential naked short problems, it's another thing to stop it. And I currently just don't see anything being done to try and stop it. Just maybe CMKX can do some good by helping to put an end to the nss problem if it is proven, which will help us all with our other stock investments.
Posted by netra on :
quote:Originally posted by Hammer: Why isn't that guy Urban Casavant either being investigated for fraud or in jail already?
Because he found a way to rip people off with out breaking the law.
A) Grab some baren land claims that have been explored to death already with 0 profitable mines found
B) Hire some idiot named melvin or andy as an IR person and pump the stock on message boards
C) Funnel funds (wrong yes... illegal no) to a race car habit in the disguise of promotion and advertising
D)Line the pockets of family and friends with shares to dump at the right time.
Combined C and D) pay off hill billies with no clue with shares to promote the stock on chat rooms and message boards
E) Dilute and keep quiet.
F) Issue vague PRs about diamond finds
G) When people asks questions make up an invisible enemy such as MMS that are shorting a 703,000,000,000 of issued shares stock so focus is taken off
H) WHen sec asks "What the hell is going on?" remain silent. When oppotunity to fix everything... still remain quiet. Also hire phoney figure heads to make it look like you are trying to do the right thing.
I) Profit!
Posted by will on :
"pay off hill billies with no clue"
I like that.
Posted by Ric on :
Just think about it. Why pull certs if you own just a few shares. ETGMF is plummeting because of the new dilution (53 million shares added to the current 16 million) the pps is already down to .20 so if you get 75 shares per million then thats $15 of ETGMF for every million shares of CMKX. So if pulling certs cost between $40-$50 then it take 3 million shares just to break even. Thats assuming that ETGMF doesn't continue to decline. If if goes back to pre hype pps of .10 then it will take 6 million shares of CMKX just to break even. I think there will be a problem convincing these small holders to pull certs which in turn will make it harder to reach the 703 billion o/s.
Posted by pappy on :
Hey All, I just got off the phone with Etrade. I was just asking about certs and they said all CMKM shareholders are being sent certs and there accounts being debited $40.00. All should have certs by Dec 22
Posted by netra on :
quote:Originally posted by pappy: Hey All, I just got off the phone with Etrade. I was just asking about certs and they said all CMKM shareholders are being sent certs and there accounts being debited $40.00. All should have certs by Dec 22
I guess brokers are looking to make some cash off the scam now too.
50,000 estimated share holders x $40.00 = $2,000,000
nice
Also on a side not that USCA/UCAD garbage divy is still in my account and has been restricted now for over a year. How do i get rid of this garbage? I remember a year ago the pro-pumpers telling me "The divy will make up for the cmkx loss" yeah right.. Its all worthless.
Posted by pappy on :
It will probly cost us $40.00 to have them removed from our accts.
Posted by ed19363 on :
quote:Originally posted by Ric: I have a question about the late great Roger Glenn. How come he is such a great securities lawyer yet when working with CMKX with claims of filing soon, now with USCA they haven't filed once since he moved there? I mean he moves to another OTCBB and they stop filing to. Sounds to me that he is being hired to figure out how to stop filing while the company dumps shares, not how to get them to file. Don't that make you wonder Legal.
But as I stated in a earlier post, if you want to find out who is in the biggest trouble or who is the biggest crook, look to see how good their lawyer is. The better the lawyer usually the better the crook. Great lawyer go where the money is and there is no money in the innocent.
Actually that is a 8-K and they didn't file financials if you look at the exhibit it is just were the accountant doing the financial quit. Sound familar. Looks like she was hired around the same time as Glenn. Sounds like CMKX Jr. ETGMF will be CMKX III. lol
EX-99.1 2 exh99-1.htm EXHIBIT 99-1 EXHIBIT 99.1
Las Vegas (November 16, 2005) - U.S. Canadian Minerals, Inc. (USCA.PK) announced today that Marti Hansen, Chief Financial Officer, has officially resigned for personal reasons. Ms. Hansen joined U.S. Canadian Minerals on February 8th 2005. She was hired to manage the Company's financial reporting and to help position the Company for future growth.
Also as previously announced in an 8-K dated October 31, 2005 regarding Dr. Joseph de Beauchamp's resignation as President, the Company is announcing that Dr. Joseph de Beauchamp is no longer on the Board of Directors for U.S. Canadian Minerals, Inc.
Posted by Ric on :
The first part of the 8-K, Not sure while they call the accountant quiting the financials. Go figure.
UNITED STATES SECURITIES EXCHANGE COMMISSION WASHINGTON, D.C. 20549
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): November 16, 2005
U.S. Canadian Minerals, Inc. (Exact name of registrant as specified in its charter)
NEVADA 0-25523 33-0843633 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
4955 S. DURANGO SUITE 216, LAS VEGAS, NEVADA 89113 (Address of principal executive offices) (Zip Code)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (702) 433-8223
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
Exhibit No. Description of Document
99.1 Press Release dated 11/16/2005
Posted by macdrsirules on :
Just my two cents.
If the company headquarters is in Vancouver, Boca Raton, La Jolla, Denver or Las Vegas. . . . RUN AWAY. There is an old saying in the record biz, where thousands of demo tapes are sent every week. . . "if we reject 100 percent of those wanting a record deal, we will be correct in our decision 99 percent of the time. . .and that ain't bad"
quote:Originally posted by will: "pay off hill billies with no clue"
I like that.
-------------------------------------------------
I dont like datt, and I dont likes those *naked* peoples without *shorts* running around a chasing our women in these here hills!
And howz do iz get paid off in glue?
Damn smart aleck Yankeeeee's
Posted by Ric on :
.
[ November 18, 2005, 20:38: Message edited by: Ric ]
Posted by stockster5 on :
Hey Dusto, you da talkin like us Yoopers up here ina yooper meechigan eh..?? why ya do dat.? We not dem dere hilly billys....... tanks.
Posted by bill1352 on :
yoopers only talk between shots & beers. no hill billy accent but a lot of hiccups...lol
Posted by bill1352 on :
lets see..USCA knows it has 50,000 shareholders of restricted shares. i wonder are restricted shares held in Cede & Co??? i'm thinking no but its possible. wouldn't that be the same as CMKX if not in Cede??? over 300 or even the 500 no matter what requirement to report???
Posted by ed19363 on :
My opinion? CMKX is dead. Now we will be given shares in another company. A company that has no income, no cash flow, pays for everything in shares. In addition, we will be paid in restricted shares, so we cant do anything with them. If any of this does NOT sound familiar, then you havent been on the boards long enough. Now the news comes out that they have lost one of their "investors". Sounds to me like one of them had the brains to figure out that this is just a continuation of the CMKX scam. So, they decide to go ahead and close the deal anyway. How can they do that being short of the required cash? More shares? If you look at the history of CMKX, it doesnt matter anyway. USCA and GEMM are mostly worthless, and the restrictions havent even been lifted yet. I think when they are, they will tank down to .0001 just like CMKX, and eventually disappear. And looking to the future, I see the same for ETGMF. The valuation of the holdings has not been proven, and the numbers being bandied about are in BILLIONS and TRILLIONS !!!! Stop and think for a minute just how much is a TRILLION? If you had a trillion marbles, where would you put them? The sad thing is that we have no choice in the matter. None of these companies holds shareholder meetings where we can vote. None of them files financial reports. None of them can prove that they have anything except hot air. Most, if not all of them, are connected in one way or another with shady characters of ill repute. All that being said, can anyone TRUTHFULLY say that they would invest in a company like this? Yeah, I invested in CMKX, based on their rosy PRs and pumping. Fool me once, shame on you. Fool me twice, shame on me!! I'm done rambling, now you can all tear it apart or take it for what it is worth as an unsubstantiated opinion. Good luck to all those who are trapped in this little show. You're gonna need it.
Posted by bill1352 on :
according to the Task Force on 670.25 billion to go...lol. my guess is it will stop about 600 billion, maybe 650 billion. what they need to do is add the UC & family numbers in a separate counter, right under the fax-in counter. this will stop the UC owns 50+% nuts from yapping about a short has been proven once the number hits 300 billion or so. but then that would take some honesty on the part of UC & family, not 1 of their strong points.
Legal...for chits & giggles you should contact the Task Force & suggest this. see what their reply is. Ed is still a bone fide shareholder but i dont think he would spent the time...lol
Posted by ed19363 on :
Wanna laugh?? Just got an email from PB66 inviting me. Guess they changed their rules on free speech. Or forgot who they banned for speaking their mind.
Posted by Upside on :
quote:If you had a trillion marbles, where would you put them?
In a coffee can.
Posted by Upside on :
quote:Originally posted by bill1352: according to the Task Force on 670.25 billion to go...lol. my guess is it will stop about 600 billion, maybe 650 billion. what they need to do is add the UC & family numbers in a separate counter, right under the fax-in counter. this will stop the UC owns 50+% nuts from yapping about a short has been proven once the number hits 300 billion or so. but then that would take some honesty on the part of UC & family, not 1 of their strong points.
Legal...for chits & giggles you should contact the Task Force & suggest this. see what their reply is. Ed is still a bone fide shareholder but i dont think he would spent the time...lol
600 billion? You really think they'll get that high? I'm going with 350 billion tops. Then they can extend the deadline and distribution for 3 months or so and maybe they'll hit 400 billion. Then another extension and so on. They'll never reach the 700+ billion and I'm guessing they'll never distribute the Entourage shares either.
Posted by stockster5 on :
Correct on all of the above. Ed you couldn't have put it any more simple for all the cmkx morons to understand. The only way to have made some small cash off cmkx would be a regular over night pop play. .0001 to .0002. I did this on paper back a few months and would of made a profit... but this would have been not paying any attention to the company or pr's, just blind trades on movement. The real way to last as a trader is money management and keeping your risk of lost very small, say 5% or less per trade. AND get out even with a small profit or loss ... something that koolaid seems to blunt considerably when addicted. I've noticed legal's not on every page anymore, this may be a sign of the phase out/weaning of koolaiddom. Perhaps.
Posted by ed19363 on :
quote:Originally posted by Upside:
quote:If you had a trillion marbles, where would you put them?
In a coffee can.
They would only fit in a coffee can if they were CMKX marbles.
Posted by legaleagle on :
Actually stockster my failure to post is a sign of days of DD and research. Much going on behind the scenes. I don't think you will have to wait long to see results.
Posted by Ric on :
Ya they need to work out those 5-9 trillion dollar valuation theory behind closed doors so people won't laugh at it this time. The problem is they will still laugh at it.
Posted by legaleagle on :
Why? phxgold King of Diamonds ****
Joined: Sept 2005 Posts: 772
Why? « Thread Started on Today at 10:25am »
My Question is why? If the company had wasted everything and duped us all took the money why file a form 15/A and start this whole process. If the company had to file the form 15/A because the SEC said so, why go to the hearing and not just avoid the whole situation like many other companies have done in the past, and just get revoked. then disappear into the night? Why fight it? Once the judge ruled to revoke the stock, why didn't they just throw up their hands "we tried" and scamper off? Why request an appeal of the judges initial decision casting more light on the company if there were mis dealings or shady conduct? Why request that the appeal be withdrawn if your concerned with future accusations of breach of fiduciary duty to shareholders? Why issue a dividend to the shareholders of your now revoked stock at what appears to be (on the surface) a ridiculous ratio (by supposition) Why require that all shareholders demand physical delivery of their certificates in a now revoked stock in order to participate in the issuance of ETGMF "any other assets of CMKM available for distribution." Why did the company say,"The Task Force has been given full and complete authority to use all means necessary, including bringing federal or state court legal action, to make certain all bona fide CMKM stockholders receive their proportionate allocation of the Entourage common stock and any other assets of CMKM available for distribution." Why did the company use this wording in their last PR, "At the time of CMKM's revocation, CMKM had 703,518,875,000 shares of common stock validly issued and outstanding." Just before this line, "Urban Casavant, CMKM's sole officer and director, has informed the distribution Task Force that neither he nor his immediate family members will receive any of the Entourage shares in the distribution" Why did They include this? "Management. As CMKM is effectively a non-operational company holding only the Entourage shares and intangible assets," Why in the Q/A with Mr Frizzell did Bill quote Stoeklein in saying the company had no other assets than the ETGMF shares? was it because it doesn't? or was it because the "intangible assets" are in fact not the companies but ours? Is that why the company considers them intangible? If so Why? Why would the company go thru all of the extra steps they have if there was nothing, no point to prove, no assets to disperse, Why did the company hire 2 auditors for large sums of money if they were just gutting the company? Why did the company pay Stoeklein large sums of money if they were just gutting the company? Why did the company agree to pay Maheu large sums of money if they couldn't pay and they were just gutting the company? Why after not being paid would Maheu still stay around and agree to take people to court on behalf of the shareholders if need be, if they were just gutting the company? Why would Entourage mining agree to pay Carina and 025 Sask LTD to do the exploration on the claims they got from CMKX if their track record was to take money for exploration and do nothing? Why would we have no mention of the second GEMM and the rest of CIM if this was all over? why hold those back if you were going balls to the wall on the cert pull if you weren't leaving bullets in your gun for a future date? especially if you were concerned with future questions about maintaining your fiduciary duty to your stockholders, or future litigation about misdeeds? Why wouldn't they allow this dividend to be distributed electronically like all the last dividends? Why would several large brokerages be automatically be pulling certificates for all shareholders for this distribution? Why is it that the Brokers that are not pulling automatically giving people such a hard time in pulling their certificates (which is their right under NRS 78.235) Why is it that the winding up of CMKM was not put to vote by proxy? and why has the company not been called on the carpet for doing just that unless there is ownership of which we are not aware? Why is it if the company was not fully confident that this cert pull would produce irrefutable evidence of a naked short, as well as illegal trading against restricted shares would they call for this cert pull, and stipulate the company is ready to move forward with state civil and federal prosecution against wrong doers? There are many more Whys I'm sure but these are enough unanswered questions from me to lead me to believe there is truly a reason and a very good one that none of these questions are answered. Think about these points carefully, if this was to be the end game for this stock, with no more curve balls thrown on our behalf, if you were the president or his lawyer or his co-chairman and you were duping 60k investors at what point would you have disappeared, hung it up, covered your butt, stopped spending money, and enjoyed the rest of your life? : Posted by ed19363 on :
quote:Originally posted by legaleagle: Actually stockster my failure to post is a sign of days of DD and research. Much going on behind the scenes. I don't think you will have to wait long to see results.
Two years of your DD and research has led us all down a long, dark corridor. Nothing you forecasted ever happened. Quite the contrary, your stock play of a lifetime has turned into a muddy quagmire of convoluted stock plays. You can post here from now until the cows come home, and I wouldn't believe a word of it. Your record is zero for zero. You have no credibility left, and neither does your boss, UC.
Posted by legaleagle on :
Posts: 337 Registered: 22-10-2004 Member Is Offline
Mood: SOON NOW! posted on 19-11-2005 at 04:21 PM
BOOOOOOOM-Don't miss this
Ordered AZTM certs 2 days ago: Email verification thanked me for my CMKX cert order
Belief is the wound knowledge cures-Unknown
Posted by Ric on :
Why? To cover up a crime until he had a chance to get rid of the evidence.
Posted by Ric on :
cruise Diamond Finder
Joined: Jan 2005 Posts: 85 Karma: 0 [ Exalt | Smite ] Re: GNAW ON THIS « Reply #27 on Yesterday at 10:10pm »
-------------------------------------------------------------------------------- The theory that Mahue would not be here if it was a scam doesn't cut it. He is a problem solver. He worked for Howard Hughes in more capacities than acquiring land and business prospects. He spied for Hughes. He was involved in the Bay of Pigs. That involved the Mafia and MURDER. So saying he is all about doing good is ridiculous. He solves problems, yes, but the problems he MAY be solving MIGHT be Urbans regarding sinister activities. Just thinking.
Posted by bill1352 on :
WHY???....why not. UC has a cult not listening to facts. UC has a group of pumpers he doesn't need to pay. how many stocks out there can say this? a few have gone under & a small handful still think there is hope but UC as at least a thousand nuts still pumping or lets say believing in him. so why not do a fancy r/s into a stock his family bought stock in months ago. i hope they bought some of this stuff at .15, at least they will know what losing money on a stock is. it wont be .15 in 4 months but then after selling billions of shares $800K to try & keep the scam going is nothing. the cult hears 1 or 2 ppl get misinformation from a small broker & they think it means something. if 1 broker refuses to get someone certs it will be all over the net & the task force will be posting it. until that time nothing says there is a short in fact everything says there isn't. if there is a large short the major brokers will be the ones holding most of that bag, not the little guys.
Posted by netra on :
quote:Originally posted by legaleagle: Why? phxgold King of Diamonds ****
Joined: Sept 2005 Posts: 772
Why? « Thread Started on Today at 10:25am »
My Question is why? If the company had wasted everything and duped us all took the money why file a form 15/A and start this whole process. If the company had to file the form 15/A because the SEC said so, why go to the hearing and not just avoid the whole situation like many other companies have done in the past, and just get revoked. then disappear into the night? Why fight it? Once the judge ruled to revoke the stock, why didn't they just throw up their hands "we tried" and scamper off? Why request an appeal of the judges initial decision casting more light on the company if there were mis dealings or shady conduct? Why request that the appeal be withdrawn if your concerned with future accusations of breach of fiduciary duty to shareholders? Why issue a dividend to the shareholders of your now revoked stock at what appears to be (on the surface) a ridiculous ratio (by supposition) Why require that all shareholders demand physical delivery of their certificates in a now revoked stock in order to participate in the issuance of ETGMF "any other assets of CMKM available for distribution." Why did the company say,"The Task Force has been given full and complete authority to use all means necessary, including bringing federal or state court legal action, to make certain all bona fide CMKM stockholders receive their proportionate allocation of the Entourage common stock and any other assets of CMKM available for distribution." Why did the company use this wording in their last PR, "At the time of CMKM's revocation, CMKM had 703,518,875,000 shares of common stock validly issued and outstanding." Just before this line, "Urban Casavant, CMKM's sole officer and director, has informed the distribution Task Force that neither he nor his immediate family members will receive any of the Entourage shares in the distribution" Why did They include this? "Management. As CMKM is effectively a non-operational company holding only the Entourage shares and intangible assets," Why in the Q/A with Mr Frizzell did Bill quote Stoeklein in saying the company had no other assets than the ETGMF shares? was it because it doesn't? or was it because the "intangible assets" are in fact not the companies but ours? Is that why the company considers them intangible? If so Why? Why would the company go thru all of the extra steps they have if there was nothing, no point to prove, no assets to disperse, Why did the company hire 2 auditors for large sums of money if they were just gutting the company? Why did the company pay Stoeklein large sums of money if they were just gutting the company? Why did the company agree to pay Maheu large sums of money if they couldn't pay and they were just gutting the company? Why after not being paid would Maheu still stay around and agree to take people to court on behalf of the shareholders if need be, if they were just gutting the company? Why would Entourage mining agree to pay Carina and 025 Sask LTD to do the exploration on the claims they got from CMKX if their track record was to take money for exploration and do nothing? Why would we have no mention of the second GEMM and the rest of CIM if this was all over? why hold those back if you were going balls to the wall on the cert pull if you weren't leaving bullets in your gun for a future date? especially if you were concerned with future questions about maintaining your fiduciary duty to your stockholders, or future litigation about misdeeds? Why wouldn't they allow this dividend to be distributed electronically like all the last dividends? Why would several large brokerages be automatically be pulling certificates for all shareholders for this distribution? Why is it that the Brokers that are not pulling automatically giving people such a hard time in pulling their certificates (which is their right under NRS 78.235) Why is it that the winding up of CMKM was not put to vote by proxy? and why has the company not been called on the carpet for doing just that unless there is ownership of which we are not aware? Why is it if the company was not fully confident that this cert pull would produce irrefutable evidence of a naked short, as well as illegal trading against restricted shares would they call for this cert pull, and stipulate the company is ready to move forward with state civil and federal prosecution against wrong doers? There are many more Whys I'm sure but these are enough unanswered questions from me to lead me to believe there is truly a reason and a very good one that none of these questions are answered. Think about these points carefully, if this was to be the end game for this stock, with no more curve balls thrown on our behalf, if you were the president or his lawyer or his co-chairman and you were duping 60k investors at what point would you have disappeared, hung it up, covered your butt, stopped spending money, and enjoyed the rest of your life? :
Handicapped or not.. you have a lot of nerve and someone needs to slap the crooked daylights out of you...
Trust funds slammed FULL Friends and insiders given free shares to dump for major profit 2-3 seasons of shareholder sponsored racecars 5375 Procyon St., Suite 101, Las Vegas, Nevada -- Phony autobody shop address on filings 2 auditors quiting after finding illegal practices and missing books/information http://www.secinfo.com/d1zrpn.zDc.c.htm#1stPage
Meanwhile no diamonds found, no Filings (after counteless posts/spams from you about "soon") and now revoked,divies all worthless
Jerk.. seriously you have no shame or brains .... go back to your christian crook traders.. everyone here is on to you and your scammer friends ... you are WORSE than Jim Baker.
Posted by Back~in on :
quote:Originally posted by netra:
quote:Originally posted by legaleagle: Why? phxgold King of Diamonds ****
Joined: Sept 2005 Posts: 772
Why? « Thread Started on Today at 10:25am »
My Question is why? If the company had wasted everything and duped us all took the money why file a form 15/A and start this whole process. If the company had to file the form 15/A because the SEC said so, why go to the hearing and not just avoid the whole situation like many other companies have done in the past, and just get revoked. then disappear into the night? Why fight it? Once the judge ruled to revoke the stock, why didn't they just throw up their hands "we tried" and scamper off? Why request an appeal of the judges initial decision casting more light on the company if there were mis dealings or shady conduct? Why request that the appeal be withdrawn if your concerned with future accusations of breach of fiduciary duty to shareholders? Why issue a dividend to the shareholders of your now revoked stock at what appears to be (on the surface) a ridiculous ratio (by supposition) Why require that all shareholders demand physical delivery of their certificates in a now revoked stock in order to participate in the issuance of ETGMF "any other assets of CMKM available for distribution." Why did the company say,"The Task Force has been given full and complete authority to use all means necessary, including bringing federal or state court legal action, to make certain all bona fide CMKM stockholders receive their proportionate allocation of the Entourage common stock and any other assets of CMKM available for distribution." Why did the company use this wording in their last PR, "At the time of CMKM's revocation, CMKM had 703,518,875,000 shares of common stock validly issued and outstanding." Just before this line, "Urban Casavant, CMKM's sole officer and director, has informed the distribution Task Force that neither he nor his immediate family members will receive any of the Entourage shares in the distribution" Why did They include this? "Management. As CMKM is effectively a non-operational company holding only the Entourage shares and intangible assets," Why in the Q/A with Mr Frizzell did Bill quote Stoeklein in saying the company had no other assets than the ETGMF shares? was it because it doesn't? or was it because the "intangible assets" are in fact not the companies but ours? Is that why the company considers them intangible? If so Why? Why would the company go thru all of the extra steps they have if there was nothing, no point to prove, no assets to disperse, Why did the company hire 2 auditors for large sums of money if they were just gutting the company? Why did the company pay Stoeklein large sums of money if they were just gutting the company? Why did the company agree to pay Maheu large sums of money if they couldn't pay and they were just gutting the company? Why after not being paid would Maheu still stay around and agree to take people to court on behalf of the shareholders if need be, if they were just gutting the company? Why would Entourage mining agree to pay Carina and 025 Sask LTD to do the exploration on the claims they got from CMKX if their track record was to take money for exploration and do nothing? Why would we have no mention of the second GEMM and the rest of CIM if this was all over? why hold those back if you were going balls to the wall on the cert pull if you weren't leaving bullets in your gun for a future date? especially if you were concerned with future questions about maintaining your fiduciary duty to your stockholders, or future litigation about misdeeds? Why wouldn't they allow this dividend to be distributed electronically like all the last dividends? Why would several large brokerages be automatically be pulling certificates for all shareholders for this distribution? Why is it that the Brokers that are not pulling automatically giving people such a hard time in pulling their certificates (which is their right under NRS 78.235) Why is it that the winding up of CMKM was not put to vote by proxy? and why has the company not been called on the carpet for doing just that unless there is ownership of which we are not aware? Why is it if the company was not fully confident that this cert pull would produce irrefutable evidence of a naked short, as well as illegal trading against restricted shares would they call for this cert pull, and stipulate the company is ready to move forward with state civil and federal prosecution against wrong doers? There are many more Whys I'm sure but these are enough unanswered questions from me to lead me to believe there is truly a reason and a very good one that none of these questions are answered. Think about these points carefully, if this was to be the end game for this stock, with no more curve balls thrown on our behalf, if you were the president or his lawyer or his co-chairman and you were duping 60k investors at what point would you have disappeared, hung it up, covered your butt, stopped spending money, and enjoyed the rest of your life? :
Handicapped or not.. you have a lot of nerve and someone needs to slap the crooked daylights out of you...
Trust funds slammed FULL Friends and insiders given free shares to dump for major profit 2-3 seasons of shareholder sponsored racecars 5375 Procyon St., Suite 101, Las Vegas, Nevada -- Phony autobody shop address on filings 2 auditors quiting after finding illegal practices and missing books/information http://www.secinfo.com/d1zrpn.zDc.c.htm#1stPage
Meanwhile no diamonds found, no Filings (after counteless posts/spams from you about "soon") and now revoked,divies all worthless
Jerk.. seriously you have no shame or brains .... go back to your christian crook traders.. everyone here is on to you and your scammer friends ... you are WORSE than Jim Baker.
Posted by legaleagle on :
Hahahahaha
So rchaud returns under yet another name.
Go away, you bore me.
Posted by stockster5 on :
Sheesh, Why can't you guys do a reference to someone's post like -->posted November 20, 2005 19:38... instead of copy pasting complete pages of someones post thus choking bandwith, not to mention maxing out my temp internet folders. Please do the Allstocks servers and everybody else a favor and at least think about it. Thanks S5 Yea, I know.. TOTALLY off topic!
One thing Allstocks should implement is a alpha numeric record of posts within the thread. Many other boards do this, and it's easy to find individual posts.
Posted by stockster5 on :
and please anyone, don't take this personal...this was a general issue rant.
S5
Posted by bill1352 on :
legaleagle Member
Member Rated: posted November 21, 2005 08:04 -------------------------------------------------------------------------------- Hahahahaha
So rchaud returns under yet another name
much like the cmkx scam i guess....lol
Posted by legaleagle on :
Today at 10:40am, CARS4SALE wrote: Today at 10:10am, GeorgeBurns wrote:100,000 dollars and I'll wash your car while wearing a skirt.
You almost had me till this part!!!!! lmao
Okay... 100,000 dollars and wash your car while wearing a skirt of your choosing in location of your choosing.
Posted by ed19363 on :
CMKX's forte was diamonds. ETGMF now comes out with Uranium. Since the new scam is now in place, how come nobody has started a pump thread on ETGMF?
Posted by stockster5 on :
It's pretty obvious alot of penny companies are doing this same technique all over the exchanges.
Posted by stockster5 on :
and that was supposed to be 'writting on the wall'
Posted by bill1352 on :
Today at 10:10am, GeorgeBurns wrote:100,000 dollars and I'll wash your car while wearing a skirt.
i think Will should sue. that skirt wearing stuff is his gig. is nothing scared? first the Allstock basher boys are scum & get banned everywhere & now the reformed cult is stealing our material. thats down right disrespectful....lol
Posted by Upside on :
We are scum, scum in skirts. Don't mess with us.
Posted by bill1352 on :
legal, your comedy post was sort of funny but it was also sad. of course that part might go right over your head. it sounded like a cult board. the guy had to use aliens to equal far fetched for pete's sake. anything else and he might as well just read posts from the CT board or pb 57.
Posted by bill1352 on :
speak for yourself Up. too da** cold to be wearin any skirts around here...lol
Posted by legaleagle on :
quote:Originally posted by ed19363: CMKX's forte was diamonds. ETGMF now comes out with Uranium. Since the new scam is now in place, how come nobody has started a pump thread on ETGMF?
Here ya go ed, come on over. Oh wait we can't tell anyone where other things are being discussed. OK I'll separate entourage and mining
quote:Originally posted by bill1352: legal, your comedy post was sort of funny but it was also sad. of course that part might go right over your head. it sounded like a cult board. the guy had to use aliens to equal far fetched for pete's sake. anything else and he might as well just read posts from the CT board or pb 57.
Bill that's ok, we kool aid drinkers laugh at ourselves as well. That's why I posted it
Posted by Ric on :
tmauro1 Diamond Hunter 21.48 billion shares shorted in 2005 « Thread Started on Today at 12:47pm »
-------------------------------------------------------------------------------- I found a site www.********** a few weeks ago, these guys are out to kill shorty. I sent Tom Ronk CEO an e-mail asking if he has ever heard of CMKM Diamonds inc, he was kind enough to plug in cmkx. The company has new technology able to calculate at what price the shorts begin to loose money, hence the short squeeze. His reply on cmkx was " CMKX has had nearly 21.48 billion shares shorted in 2005 according to our technology, this is an aggregate number and does not account for covers." The site also has a free service providing a daily update of the SEC mandated naked short list. Check it out.
------------------------------------------
I realize this is for 2005 but lets get real. If CMKX was shorted that bad last year would they have for one hit it that hard at the first of the year and if the shorts stocpped shorting CMKX wouldn't they look for another .0001? I mean according to this there is on avg. 50 million short sells each month in 2005. 21.48 billion shares for CMKX for 2005 without covers included doesn't look good fo those that claim huge numbers. You really trying to say that CMKX was shorted that bad. If you think that UC really pulled the wool over your eyes.
www . buyins . net
SQUEEZETRIGGER LAUNCHED
On September 6th ********** launched a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted. The SqueezeTrigger database of nearly 300,000,000 short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like ********** to access the data. The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each month’s short transactions, ********** provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money.
[ November 22, 2005, 18:05: Message edited by: Ric ]
Posted by ed19363 on :
quote:Originally posted by legaleagle:
quote:Originally posted by ed19363: CMKX's forte was diamonds. ETGMF now comes out with Uranium. Since the new scam is now in place, how come nobody has started a pump thread on ETGMF?
Here ya go ed, come on over. Oh wait we can't tell anyone where other things are being discussed. OK I'll separate entourage and mining
No thanks. Looks like the same potsmokers who watched CMKX go down the tubes. Not going thru that again. Just send the money when it comes.
Posted by bill1352 on :
i watched buyins for a while. posted it here months ago. never did see a stock run on any kind of cover.
by the way pb whatever had a post about the new contract filed today by entourage. in it was a statement saying any minority interests no longer hold those claims on the whole. the way it reads there is entourage at 80% & Sask. 025 at 20%. what happened to the 2 or 3 canadian companies? how about USCA buying a cut with the money UC gave them & the shares we got. we know SGGM's cut is gone as there is no more SGGM yet they paid UC $10 million & gave him 200 billion now revoked shares. it also states if a court installs a trusty the Prez of entourage gets the voting rights to the 33.8 million shares for 5 yrs. thats smells of entourage protecting themselves in case cmkx gets sued by somebody. thats not something i've ever read in a stock deal. i wonder what might make entourage worry about cmkx getting sued???....lol (thats a retorical question, we all know why cmkx might get sued...lol)
Posted by Ric on :
optimisstic Diamond Hunter Karma: 7 WACHOVIA – No evidence of ANY settlement! « Thread Started on Yesterday at 7:08pm »
-------------------------------------------------------------------------------- My small company has its corporate pension fund with Wachovia Securities. Once a quarter, the Financial Planning Team meets with me to go over my portfolio. For the quarterly meeting held today, I asked them to please do some advance digging through their back-office to see if they could find anything whatsoever regarding a possible settlement for CMKX shareholders. Wachovia is one of the largest brokers in the world. They have connections to all of the major banks and to the market makers. The Senior VP in charge of our account actually assigned someone to work on my question for two full days before the meeting today in the hopes that if there was any support whatsoever for the rumors that I was hearing, we could begin to plan for a vastly-increased portfolio. Much to my disappointment, their investigation only led to one piece of back-office info -- and that was that CMKX is doing a cert pull through the Task Force which is alleged to eventually lead to a distribution of its remaining assets through Entourage Mining. They said that if there was a settlement, a buyout, automatic punitive damages pending, etc. – their corporate office would certainly have officially heard about it.
Many of you will be inclined to believe the plethora of rumors that are on all of the boards instead of what I learned from credible financial professionals today, or instead of what Bill Frizzell has stated as no knowledge whatsoever of a settlement as of this time. I should add, therefore, that the Senior VP told me that it is a common (albeit unethical) tactic of some investment firms to use rumors to get clients to have lunch with them, or to get them to come in for a meeting – at which they support the client’s belief of a coming “windfall,” encourage them to open new investment accounts, engage in preliminary financial planning, etc. He said that in the absence of valid, back-office verification (in writing or with real names attributed to it) of any settlement, it is likely that what is happening is that a few rumors have become “self-perpetuating,” and that brokers are actually picking up rumors from their clients, and then passing those rumors among themselves.
I was as disappointed with the news today as I was excited about the rumors over the last few days from people with alleged connections to Citibank, to New York brokers, to the Chicago Board of Trade, to three well-known banks in Canada, etc. The Wachovia Team that I met with today was greatly motivated to find even ONE piece of evidence to support the rumors that are rampant. They could not. I only pass this on so that you can decide who and what to believe with perhaps greater discernment and less risk of further disappointment and emotional letdown.
At the end of our meeting, the Wachovia Senior VP told me that naked shorting is a terrible injustice and he has seen countless companies driven into bankruptcy over his 20 years in the business because of it. However, he said that if there ever was (in the future) a huge settlement for CMKX shareholders, it would probably cripple or devastate an entire industry. He said that he can’t even imagine (as unjust as it is) the U.S. Government letting a huge settlement for us take down most market makers, resulting in countless bankruptcies and job losses (not to mention the subsequent lawsuits from thousands of companies and other investors) – all for a group of investors in ONE company who bought a sub-penny pink-sheet stock that was naked shorted. He did add, however, that it would seem entirely likely that if the Task Force is able to prove massive naked shorting or corporate fraud, class-action litigation would probably follow and would likely result in some sort of eventual restitution or settlement (after several years of legal actions).
Please don’t kill the messenger – I am simply providing information. I honestly hope that this particular senior Wachovia team (and their back-office) is just dead wrong this time, and that those of us hearing promises of great wealth to come very, very soon – are right!
Posted by ed19363 on :
This about hits the nail on the head, and is the reasons we will never see anything come from CMKX. I cant see a pissant company bringing down the entire stock market either.
Posted by stockster5 on :
cmkx... take out the market?? Let's get real here, did Enron take out the market, is Delphi sinking all of the economy? Did Kmarts make wall street even burp? Does anybody even remember the banking scandals a few years ago? I have yet to even see cmkx in a newspaper on the street. Just watched a whole half hour on cnn about naked shorts and they just spoke of sec and Depository Trust & Clearing Corporation (DTCC). They never mentioned the incredible danger of cmkx bringing down the US. So lets just STOP that cmkx crap lying right now and believe some of the facts brought out here.
Posted by stockster5 on :
UC is just one of hundreds of scum who have figured out the penny stock game in their little pinheads. Invent a story, start a DBA, issue stock as your only real product... spin lies then sit back and collect money at least once a year when you can re-issue new o/s shares all over again. Uranium anyone?? Legal will NEVER admit anything, as he is a paid pumper and is already pumping something else under a different name. Well, I feel better! S5
Posted by legaleagle on :
quote:Originally posted by stockster5: UC is just one of hundreds of scum who have figured out the penny stock game in their little pinheads. Invent a story, start a DBA, issue stock as your only real product... spin lies then sit back and collect money at least once a year when you can re-issue new o/s shares all over again. Uranium anyone?? Legal will NEVER admit anything, as he is a paid pumper and is already pumping something else under a different name. Well, I feel better! S5
stockster, does TRUTH have any relevance in your life? Could you show some evidence that I am a paid pumper? Can you find even one post that I have made about Entourage or any other stock? Put up or shut up.
[ November 23, 2005, 10:50: Message edited by: legaleagle ]
Posted by ed19363 on :
legal, you are either a paid pumper or a complete fool. You make the choice.
Posted by stockster5 on :
Okay Legal, I'm putting up, right now... in reference to the above qoute" stockster, does TRUTH have .... Can you find one post that I have made about Entourage or any other stock? etc.." Forgive my bandwith hogging here, legal made me do it.
SURE: (How about all these)
legaleagle posted October 20, 2005 22:05October 20, 2005 22:05 Member
Member Rated:
REPOST
legaleagle Member
Member Rated: posted October 19, 2005 22:08 -------------------------------------------------------------------------------- THE REAL POWERBALL TICKET
legaleagle posted October 22, 2005 18:19 Member Member Rated:
If you don’t know who Paul Shatzko is, here is some VERY encouraging information. As you know, Paul Shatzko is one of the majority shareholders of Entourage Mining Ltd. He was also the founder and chairman of the board of directors of Mountain Province, a Canadian-based diamond exploration company, and was actively involved in Mountain Province’s progress leading to their JOINT VENTURE WITH DEBEERS.
CMKX Moves out incredible valuation to a new company.
CMKX Takes only real shares with them to ETGMF
CMKX Allows revocation to halt the trading.
Shorty Can't get back any of the NSS, he's locked in.
ETGMF Issues pro rata shares to legitimate "bonafide" CMKX shareholders
Shorty Must find ETGMF shares to cover. Price skyrockets.
CIM Issues cash divy to CMKX shareholders.
CIM Only pays on legit OS.
Shorty Pays the rest. Over and over ad infinitum everytime a divy or royalty is issued.
CMKX Heritage Stock
ETGMF Becomes a precious minerals conglomerate
Shorty Worst nightmare.
Oh well, just a dream, right?
Or is it?
Posts: 2349 | Registered: Nov 2004 | IP: Logged |
(and this...)
legaleagle posted October 24, 2005 19:12 Member
Member Rated:
Well it's obvious no one can answer that question, because they know it is indicative of a massive short. And massive shorts have to be covered. AMTD was only one brokerage dealing in the NSing of this company. AMTD is just the only one who took action to cover their own *zzes.
With a severe NS somebody has to get the NS some serious shares of ETGMF, and quickly.
Wallace I think the money went to CIM. Now wait to see what they do with it.
(Oh, and as soon as I find your post where you don't mention a certain stock no one knew about...)
(And here you pointed out your own NON POST)
legaleagle posted October 24, 2005 20:53October 24, 2005 20:53
Member
Member Rated:
The page flipped so fast with all the bs, I was afraid you would miss this Entourage post I just made.
Wallace if you did your DD, you would find that Wesley Casavant, his son, holds a major position in ETGMF, and has since Jan 05. What would you think that is all about if not leaving the Casavant Family in control. Many other interesting names on this form. And this maneuver has been planned since well before the DTCC action was initiated. And Cindy Dwyer is Cindy Casavants married name.
Since you seem to have trouble with this DD thing, and since I am feeling charitable towards the misguided today, let me help.
Legal, with your superior intellect, surly your aware that innuendo, false statements and posting other peoples post are still PUMPING.
So again, stick your ckmx shares where the sun don't shine ... you mind numbing sanctimonious donkey butt. Stockster5
Posted by Upside on :
Tomorrow I will give thanks that I have Legal and Stockster to help keep me entertained.
Posted by Highwaychild on :
LOL, UP! I hope you and everyone has a good one. Up, just try to keep the law out of it, if you can... Unlike you're last 4th of July.LOL!
Posted by bill1352 on :
yep...happy turkey day folks. oh & Up...i second Highways thought, i'd add dont burn anything, dont crash anything or any other dumb azz chit you seem to do....lol
Posted by Upside on :
Thanks for the kind words Highway & Bill, you guys are great. I was talking to Will earlier today and he was telling me how to deep fry a turkey. It involves propane and boiling oil, think I should give it a shot?
Posted by Ric on :
Just be prepared and ever thing will be fine. Here is a check list for you.
Fire Extinguisher Phone Phone number to closest fire department Phone number to the closest Burn Center Phone number to closest Ambulance
And someone close by that can use the above just in case you can't.
Posted by will on :
Up, don't try it. Come down to Illinois and I'll cook one for you this Summer. You can sit 15 feet away from it, and watch me cook it while you drink beer, and listen to me lie.
Posted by bill1352 on :
& his reason for that would be???? i mean he could order the turkey out, drink beer, hear you lie on speakerphone & not have to drive a few states or see you in a sundress up close & personal.....lol
Posted by bill1352 on :
Up, i think i'd hire that cooking out...lol. if i remember correctly even your dog burns chit up.
Posted by Upside on :
No, he just stares at burning things (our carpeting) and barks his damn fool head off.
Posted by will on :
bill, you can come too. Then Up and I can listen to you lie. Hey, I'll even invite legal if he promises not to chase the kids around on his hotrod rsacalmobile.
Posted by Upside on :
Pick a date. You're pretty much centrally located being in Illinois. Not too far for me, bill or legal. Anyone else coming?
Posted by Dustoff101 on :
Folks barking they're damn fool heads off?
What the hell have I been missing!!!!
Where's the Shed?
Is Wallace off toting it to a new hole?
Posted by will on :
Sometime in the Summer, June, July.
Posted by Dustoff101 on :
Will, look at the time of our last two posts.LOL
You the one who's been using me puter?LMAO! I guess, maybe, might be ,should be?
Posted by Upside on :
You just want it to be in the Summer so you can prance around in your dress for all to see. Showoff.
Posted by will on :
No panties, and I'll let the sun backlight my dress, just for you and bill !
Posted by Hammer on :
Is this the QBID thread?
Posted by Upside on :
quote:Originally posted by will: No panties, and I'll let the sun backlight my dress, just for you and bill !
I'm not coming.
Posted by will on :
Oh yes you are, you're the guest of honor, hambone. I want you to taste my turkey. LOL
Posted by Upside on :
Only if you promise to wear underwear.
Posted by Dustoff101 on :
Hammer, nah, this is just another old and new bunch of escapeeee's from the local funny farms.
You should not feel left out for the holidays.. There's plenty of nut case's in here to keep ya company..
I am the Chief Surgeon and Shrink, I do not suffer from delusions of grandeur and am very trust worthy..
Just send me all your money and my partner U/C and I will take care of it for you..
Posted by will on :
You and bill can have the wishbone !
Make a wish, SLAM !!!
Posted by Upside on :
I wish that Will will take his dress off and put some pants on. How do you think Legal's going to react when he sees you in a dress? You've gotta be considerate of your company.
Posted by Upside on :
Dustoff, are you in for the turkey fry at Wills house next summer? So far it's Will, me, Bill, and hopefully Legal.
Posted by Dustoff101 on :
If legal is the Turkey!
Posted by Dustoff101 on :
Hey, Deep fried a turkey in a rented turkey deep fryer once, used peanut oil..
Posted by RiescoDiQui on :
won't be any meat... just hot air
Posted by will on :
Now now, Dusty. My house is neutral. It's gonna be the world's largest love fest. legal is as welcome as Wallace. Matter of fact, if they're both there, I will put up a screenhouse, for a death match. Maybe I can get that pos FCDH to show it on the fight network.
Posted by Upside on :
quote:Originally posted by will: Now now, Dusty. My house is neutral. It's gonna be the world's largest love fest. legal is as welcome as Wallace. Matter of fact, if they're both there, I will put up a screenhouse, for a death match. Maybe I can get that pos FCDH to show it on the fight network.
Hey, that would be like a cage match. I guess I'm coming afterall.
Posted by will on :
ed19363 can't come. He'll find something to whine about, and ruin everyone's life with his constant complaining.
Posted by stockster5 on :
NO UPSIDE don't do it.!!! Guy down the street just blowd himself up real good .... turkey parts all over the place....
Posted by Upside on :
Ahh let him come. He's one of the crowd. Besides, didn't he say he'd like to smack someone, just for drill? That might be interesting.
Posted by stockster5 on :
and he's a volunteer fireman !!!
Posted by Upside on :
quote:Originally posted by stockster5: NO UPSIDE don't do it.!!! Guy down the street just blowd himself up real good .... turkey parts all over the place....
Yeah but I'm pretty cautious when it comes to things like this. I seem to have a knack for avoiding danger.
Posted by will on :
OK, but ed will have to buy the turkey, I want CMKX to cost him more. LOL
Posted by stockster5 on :
Yea, well I guess I'm safe anyways, being on another planet and all.
Posted by Upside on :
quote:Originally posted by will: OK, but ed will have to buy the turkey, I want CMKX to cost him more. LOL
I get to dump the turkey in the boiling oil!
Posted by stockster5 on :
Um Upside, you mean the bird or UC?
Posted by Upside on :
quote:Originally posted by stockster5: Um Upside, you mean the bird or UC?
No, just the bird. Dumping UC in there would be a waste of good oil.
Posted by will on :
"I get to dump the turkey in the boiling oil! "
Yea, ed can pay for the rental of an asbestos suit and face shield for you, so you're not a chard cadaver. I think it will probably better if you sat away from the boiling pot of oil, and then ate with one of those plastic kid's spoons. I don't want to have to explain anything to your wife.
Posted by Dustoff101 on :
Would be fun watching and listening to Legal keep himself out of the deep fryer!LOL
Hey, maybe if we help Wallace get the Shed on skii's un-stuck he can show up at the deep frying..
I heard he is way up North somewhere a toting that damn shed to a new drilling site..
Posted by Upside on :
quote:Originally posted by will: "I get to dump the turkey in the boiling oil! "
Yea, ed can pay for the rental of an asbestos suit and face shield for you, so you're not a chard cadaver. I think it will probably better if you sat away from the boiling pot of oil, and then ate with one of those plastic kid's spoons. I don't want to have to explain anything to your wife.
Can she come too? She can spoon feed me if you think it's too dangerous for me to feed myself.
Posted by will on :
If it will keep you from putting one of your eyes out with a fork, yes she can come too.
Posted by Dustoff101 on :
quote:Originally posted by Dustoff101: Would be an expeiriance watching and listening to Legal keep himself out of the deep fryer!LOL
Hey, maybe if we help Wallace get the Shed on skii's un-stuck he can show up at the deep frying..
I heard he is way up North somewhere a toting that damn shed to a new drilling site..
Posted by Upside on :
I've gotta be careful here. She's not home right now and me being the nice guy that I am, just built a humdinger of a fire for when she comes home. Don't need a repeat of last year.
Posted by Aylobaha Gafuleya on :
QBID and CMKX! You sure can pick 'em, Dustoff101... Muha!
quote:Originally posted by Dustoff101: Will, look at the time of our last two posts.LOL
Posted by RiescoDiQui on :
it's official dusty... 4art is in love with you... not sure what it is but it is obvious he wants you in the most disturbing of ways.
Posted by Upside on :
quote:Originally posted by Aylobaha Gafuleya: QBID and CMKX! You sure can pick 'em, Dustoff101... Muha!
quote:Originally posted by Dustoff101: Will, look at the time of our last two posts.LOL
Trying to stir up trouble there Khomeini?
Posted by Aylobaha Gafuleya on :
Not at all. Just admiring Dustoff's portfolio...
quote:Originally posted by Upside: Trying to stir up trouble there Khomeini?
Posted by Dustoff101 on :
quote:Originally posted by Aylobaha Gafuleya: QBID and CMKX! You sure can pick 'em, Dustoff101... Muha!
quote:Originally posted by Dustoff101: Will, look at the time of our last two posts.LOL
------------------------------------------------- I'm afraid old Alibabaa is spining himself outa control with that rented carpet..LMAO
Posted by Upside on :
quote:Originally posted by Aylobaha Gafuleya: Not at all. Just admiring Dustoff's portfolio...
quote:Originally posted by Upside: Trying to stir up trouble there Khomeini?
I don't think he owns CMKX, none of us do.
Posted by RiescoDiQui on :
LOL... 4art have you been eating paint chips off of your mommy's porch again? Sniffing paint fumes?
Posted by Dustoff101 on :
4Art, ooops, I mean Alibabaa, still long on MLON,CMKX,QBID.LMAO
------------------------------------------------- Just for the record, to this point I have never complained to have anyone banned..
To me, that kind of stuff is for pansies..
Posted by Aylobaha Gafuleya on :
RiescoDiQui, it's sooooooo cute how you follow Dustoff101 around.
Muha!
Posted by RiescoDiQui on :
4art... were you born this stupid or were you the victim of some sort of accident
Posted by Dustoff101 on :
quote:Originally posted by Aylobaha Gafuleya: RiescoDiQui, it's sooooooo cute how you follow Dustoff101 around.
Muha!
------------------------------------------------- Silly rabbit, geezzz is that the best ya got.
Posted by Aylobaha Gafuleya on :
Just for the record I'm not 4Art.
I'm also doing really well in LMAO; I've got fifty million shares of LMAO.
Muha!
quote:Originally posted by Dustoff101: 4Art, ooops, I mean Alibabaa, still long on MLON,CMKX,QBID.LMAO
------------------------------------------------- Just for the record, to this point I have never complained to have anyone banned..
To me, that kind of stuff is for pansies..
Posted by RiescoDiQui on :
Nope... you are not 4art.... he was smarter... of course it's like comparing a rock to a bug as far as brains....
Posted by Aylobaha Gafuleya on :
How smart were you? Before the accident, I mean...
quote:Originally posted by RiescoDiQui: Nope... you are not 4art.... he was smarter... of course it's like comparing a rock to a bug as far as brains....
Posted by legaleagle on :
fishing4diamonds Administrator
member is offline
Joined: Nov 2005 Posts: 10,095 In case you missed it (Who,what,when,where,how) « Thread Started on Yesterday at 1:36pm »
-------------------------------------------------------------------------------- Who is this Urban "legend"
20 years ago, a native of Sask, Canada had a dream. Once a prison guard, he dreamed of becoming a legend for the world to see. He dreamed of how it would be good, to help single mothers lives different. He dreamed of how he could transfer great wealth from the rich and give it to the poor. Sort of a Robin Hood if you will. He dreamed of ways to make "a million millionaires". He dreamed of making a company that would become a household name. He dreamed of a better life for not only himself, but everyone else that shared in his dream.
He began start up companies (Petro Plus etc.) and learned how the "market" worked by making some mistakes along the way. He didn't have a defeatest attitude. No matter what happened, he pushed forward continuining to learn the inner dealings of an industry that bilked startup companies and investors out of billions of dollars. He learned how the day would come, that HE could take them down.
When did it really begin?
Urban began to lock up land claims in Canada in hopes that the land would be of value to his start up diamond mining company. Over the years, he continued to lock up the rights to the minerals on 1.4 million acres in one of the largest diamond ferrous lands in that country. Looking forward to his vision, of creating one of the largest mining conglomerates around, involving not just diamonds, but gold, uranium, potash, and anything else the land had to offer. But in order to compete against the big gun DeBeers, he'd need some capital. He began his quest to generate a financial boost to attain his dream.
Where was the large inflow of cash going to come from? Urban knew the land had significant value. Urban knew in order to get CMKX to be big, he'd have to create a buzz in the market place. All the time knowing, the illegal games that brokers and market makers play, might destroy what he was trying to do. CMKX quickly becomes an icon. The CMKX buzz and the mysteriousness surrounding it, are all over investor chat rooms and message boards He continues to promote and advertise through one of the biggest media promotions around. Stock car racing. Got CMKX logo becomes as known as "Where's the beef" did. The dream was unfolding right before his eyes. The plam was coming together. Money was coming in and Urban was a force to be reconed with within the mining industry.
How does he take it into battle? Over the last couple of years, Urban realizes the market makers, hedgefunds & brokers are all trying to illegally cash in on his dream. Instead of the pps going up as CMKX develops, it goes down. Urban quickly realizes what's wrong and begins to hire some top guns (Glenn, Maheu, Stock, etc.). He has to stay one step ahead of the enemy, while trying to keep his large shareholder base happy. A very difficult balancing act, risking revealing too much to the bad guys. As he continues to press forward and reveal that his company is being used like many others in the financial markets, the bad guys know that they are in trouble. They push back and the SEC steps in. Urban had to create the illusion that CMKX was like the other scams. Any revealing of his asset base, would make the MM's not short the stock any further. Producing valuation and publizing it, would not deepen the trap he was trying to set. After all, while he wanted to make his shareholders money through company valuation, there was also another way. Naked shorting. If he could keep the enemy selling illegal shares, and prove it, it would cost them billions. But it isn't going to be easy. He must keep quiet and not reveal his plam.
The plan is in place. The SEC starts their proceedings against us. Urban assists Frizzell in establising reasonable proof of the severity of his company being naked shorted. Frizzell tries to submit it into evidence at the hearing, but Hakala shuts him down. Says to him, "If you get me definate proof (all we had was "sample" evidence), I'll turn it over to proper authorities. Frizzell sends out letters to the brokers demanding they reveal their failures to deliver to him and the company "team". They refuse. The plam hits a road block. How do we prove it now? We can't force the brokers even under the Freedom of Information Act, to disclose their illegal game. WELL IT AIN'T OVER YET BABY!
The "team" (Maheu, Urban, Frizzell & Stock) make their next move. If they can't get the information from the brokers legally, there is ANOTHER way. BEG the SEC to shut us down. And of course the SEC obliges. CHECKMATE.
How do we force the hands? Urban knows the only way to get a true and actual proof of what was shorted, when it was shorted, where it was shorted and how much it was shorted was to transfer all assets into another JV just before the SEC shut us down. Now all CMKX was going to be used for was counting beans. Who did it, when did they do it, where did they do it (out of country bad guys) and how much did they do it? But the MM's & brokers could STILL try to get away with it. The cert pull is on.
Many think that once the total outstanding shares of 703 billion have been pulled in certs, that it's over and all electronic shares remain. I don't see it that way. IF WE WEREN'T revoked, then I'd say ok. But the fact that we are revoked, allows us to now do anything we want without ever having to report it. Keep in mind when Frizzell was trying to force the brokers (he mailed a letter to all of them) to give him the tally sheets, they not only refused, but ignored him.
IN MY OPINION, the transfer agent, First Global WILL ONLY RUN OUT OF CERTS when folks stop pulling them. Urban/Maheu can now raise the O/S to a kazillion shares and never have to report it. Nobody will EVER know how many shares are outstanding. We are not only a nonreporting company, but revoked. Urban/Maheu's lips are sealed.
The transfer agent will continue to send out certs to all the brokers as long as they ask for. Once the musical cert pull stops, the TA can tally how many certs they handed out to who, compare that with the DTCC's records of transfer and know without a doubt, Who, What, When Where & How the bad boys played their games. THAT is part of Urbans dream. That is what will be used to capture punitive damages from the perpertrators. That money will be put in a dynasty trust and distributed to ALL BONA FIDE SHAREHOLDERS. EVERY shareholder that has requested certs. Now HOW did that message get out? Urban agreed to send a letter to ALL brokers demanding they contact their clients telling them to pull certs. That was the final punch. The brokers COULDN'T refuse. Because if they did, they would be exposed. The straw that broke the camels back. The counts are coming in. The frozen snapshot has been taken. IMO, some have already coughed up. And all of this BEFORE valuation on our company is ever put out. Now he has created the base, for a lifetime of payments and royalties to be paid. Bona Fide Shareholders locked in a dynasty trust, free from taxes, free from anyone suing and taking it from us, and free to be passed on to future generations.
IMO, the punitive damages will be spread out over time so as to not take down the industry. Throw the punitive damage payments in, dividends from our jv's in, valuation in, and future growth of Entourage in, and we've got our own little ATM spitting out cash payments to us now and for the next several years. The game is over. The final punch has been thrown. The enemy is laying on the mat. The referee has started the count. IF WE CAN GET EVERYONE TO PULL CERTS no matter how small the amount, we only deepen the wounds to the bad guys.
Let everyone you've involved in this stock know, how important this is. If they can't afford to pay for the cert, help them. The fight is over. Only thing left, is to mop up the ring.
Sorry so long. But I felt it was important. Thanks for listening.
okanagan is Andy. Very interesting but all of us that did reall dd based on facts already knew this.
By: okanagan 23 Nov 2005, 11:10 PM EST Msg. 284646 of 284701 (This msg. is a reply to 284642 by billyun1.) Jump to msg. # Billyun...
The question of majority ownership first arose I believe via John Martin of the OG telling someone who contacted me. I therefore asked Mr. Casavant about this last week and he confirmed it as true, there was no majority control of CMKX as it is a shell now and why would anyone want control of a shell.
Of course the question then arises as to how the Entourage deal has been done without a proxy vote and I don't have an answer to that. Unfortunately the Task Force is saying very little at this point about anything.
As to the rest of your questions...I am not going to get into details of possible settlement etc. The Task Force has been appointed and the immediate task at hand is to continue having as many people as possible pull shares in cert form. This will take some time and I don't anticipate any settlement this year and IMO until sometime in the Spring. Just my opinion of course.
I now only hope for the best resolution to this and in the fastest possible timeframe for all shareholders.
Quote:By: dustybutler101 23 Nov 2005, 11:34 PM EST Msg. 284653 of 284702 (This msg. is a reply to 284646 by okanagan.) Jump to msg. #
ANDY... You confirmed to me that Urban/insiders had 51% control of the company and this, according to you, was told to you by the corporate attorney. Now you are saying they don't have majority control??
Quote:By: okanagan 24 Nov 2005, 12:14 AM EST Msg. 284674 of 284702 (This msg. is a reply to 284669 by dustybutler101.) Jump to msg. #
Dusty..I was only every referring to Aug/04
Posted by Ric on :
I don't understand how the naysayers have been proven right so many times and not one of the pumpers theories have come true yet they still want to believe in fairy tales. Like CMKX valuation being larger then the GNP of Canada. Also that a settlement would be larger then the whole GNP of Canada. Silly rabbit, Trix are for kids.
Posted by Ric on :
Off to Thanksgiving Dinner. I hope everyone has a happy Thanksgiving.
Posted by stockster5 on :
You too Ric. Actually I think the cmkx numbers would include all of the US GNP as well.
Happy Thanksgiving to all
Posted by bill1352 on :
legal, was your last post a Thanksgiving gift to us??? just so ya know gift giving is at x-mas...lol. not even you can believe that crap.
"He began start up companies (Petro Plus etc.) and learned how the "market" worked by making some mistakes along the way."
he didn't start petro & he was kicked out because he was lying in prs. that was after canada shut their trading down. what he learned was not to have a canadian company.
"IN MY OPINION, the transfer agent, First Global WILL ONLY RUN OUT OF CERTS when folks stop pulling them. Urban/Maheu can now raise the O/S to a kazillion shares and never have to report it. Nobody will EVER know how many shares are outstanding. We are not only a nonreporting company, but revoked. Urban/Maheu's lips are sealed."
and thats differant how??? he never reported increasing the o/s in the first place. remember why cmkx has been revoked??? not reporting. & he still has to report increasing the share count to nevada which is how we learned about his diluting in the first place. if he doesn't tell nevada then he loses incorporation & it becomes a personal tax liability. that post is a perfect example of why your called a cult. the next thing you know you folks will be bald, wearing sheets & selling certs at an airport.
Posted by netra on :
"Why would anyone want control of a shell?"
LOLOLOL
Where does he come up with this crap?
Posted by bill1352 on :
i posted this at pb whatever & thought i'd bring it here & see if legal has a comment.
i have a problem with all these deals. i'm a mining company. i have ZERO active mines thus my only income is selling shares. i need cash to keep looking for "the goods". a company i partnered up with quit paying on the deal making that deal null & void. another company wants those interests & more & has cash. why would i let the company that hasn't paid its fair share sell its %?
i'm the new company. i see some claims i want to risk cash on. i have ZERO active mines thus my only cash income is selling shares. a company had part of the claims i want but they have defaulted on their contract with the controling company. i already have shareholders that expect me to do what is right by them. do i (A) tell the controling company i have cash, dump the default company or (B) buy the default company out by diluting my stock by over 200% thus screwing my current shareholders & hurting my future ability to raise money because my pps has tanked from all the new shares? add to that i had to sell 5.3 million shares & dilute my stock by 30% just to get cash to make this deal work in the first place & i had to sell those shares at a 50% discount to my pps when all this started.
didn't cmkx shareholders just find out how bad the management did them with mismanagement, diluting the stock with 703.5 billion shares? if i'm the new company i dont screw my shareholders & my future ability to raise cash by paying a company that is a piece of paper away from having zero rights to the claims i'm interested in. thats foolish. the only reason i'd do that is because of past or future back door deals i don't want anyone to know about.
Posted by legaleagle on :
quote:Originally posted by bill1352: i posted this at pb whatever & thought i'd bring it here & see if legal has a comment.
i have a problem with all these deals. i'm a mining company. i have ZERO active mines thus my only income is selling shares. i need cash to keep looking for "the goods". a company i partnered up with quit paying on the deal making that deal null & void. another company wants those interests & more & has cash. why would i let the company that hasn't paid its fair share sell its %?
i'm the new company. i see some claims i want to risk cash on. i have ZERO active mines thus my only cash income is selling shares. a company had part of the claims i want but they have defaulted on their contract with the controling company. i already have shareholders that expect me to do what is right by them. do i (A) tell the controling company i have cash, dump the default company or (B) buy the default company out by diluting my stock by over 200% thus screwing my current shareholders & hurting my future ability to raise money because my pps has tanked from all the new shares? add to that i had to sell 5.3 million shares & dilute my stock by 30% just to get cash to make this deal work in the first place & i had to sell those shares at a 50% discount to my pps when all this started.
didn't cmkx shareholders just find out how bad the management did them with mismanagement, diluting the stock with 703.5 billion shares? if i'm the new company i dont screw my shareholders & my future ability to raise cash by paying a company that is a piece of paper away from having zero rights to the claims i'm interested in. thats foolish. the only reason i'd do that is because of past or future back door deals i don't want anyone to know about.
Bill, why don't you just plug in the names and make it understandable as to your "theory"?
"I am a mining company"
"I am a partner mining company"
"I am the controlling company"
Gimme a break, I'm still full of turkey. It's hard enough to read your postings without Caps and leaves little time for trying to figure out what you are trying to say.
Posted by Hammer on :
"Gimme a break, I'm still full of turkey."
According to the majority of posters on this thread, that's not the only thing you are full of. LOL
Posted by legaleagle on :
No one comes here to get opinions of legaleagle, they come for opinions on their investment. But I agree, they spend a lot of time attacking the messenger. That works with some people I guess, even if it is otherwise a waste of bandspace.
Posted by stockster5 on :
I have more news on UC and Legaleagle... I said before that UC was not human, and now I know legal is an alien too. They are both 'Grey's' . Evil aliens working within a US secret government including the British empire's masonic lodges of the Illuminati New World Order to take over the world and enslave mankind. Cmkx is one of the instruments to collasps the US economy and allow the take over to comense. All this is taking place deep underground bases in the western US states and canada... thus the cmkx connection of land ownership in Canada. I discovered information about this inadvertinly while researching cmkx company records. Since I have recieved a strange phone call and noticed unmarked black helicopters hovering near my house yesterday, It has become imperative that I reveal this information to all. As I type this there is another black helicopter passing overhead.... and I and I'm really worr
Posted by glassman on :
stockster, you are taking a HUGE risk saying that publicly, many of us have known about THEM for quite some time and we've been trying to be discreet...
you also forgot to mention what they are putting in the water Posted by stockster5 on :
hello to all
i sorry about bad word
uc legleegle good peoples
good and hapy dayy
Posted by Dustoff101 on :
quote:Originally posted by Ric: okanagan is Andy. Very interesting but all of us that did reall dd based on facts already knew this.
By: okanagan 23 Nov 2005, 11:10 PM EST Msg. 284646 of 284701 (This msg. is a reply to 284642 by billyun1.) Jump to msg. # Billyun...
The question of majority ownership first arose I believe via John Martin of the OG telling someone who contacted me. I therefore asked Mr. Casavant about this last week and he confirmed it as true, there was no majority control of CMKX as it is a shell now and why would anyone want control of a shell.
Of course the question then arises as to how the Entourage deal has been done without a proxy vote and I don't have an answer to that. Unfortunately the Task Force is saying very little at this point about anything.
As to the rest of your questions...I am not going to get into details of possible settlement etc. The Task Force has been appointed and the immediate task at hand is to continue having as many people as possible pull shares in cert form. This will take some time and I don't anticipate any settlement this year and IMO until sometime in the Spring. Just my opinion of course.
I now only hope for the best resolution to this and in the fastest possible timeframe for all shareholders.
Quote:By: dustybutler101 23 Nov 2005, 11:34 PM EST Msg. 284653 of 284702 (This msg. is a reply to 284646 by okanagan.) Jump to msg. #
ANDY... You confirmed to me that Urban/insiders had 51% control of the company and this, according to you, was told to you by the corporate attorney. Now you are saying they don't have majority control??
Quote:By: okanagan 24 Nov 2005, 12:14 AM EST Msg. 284674 of 284702 (This msg. is a reply to 284669 by dustybutler101.) Jump to msg. #
Dusty..I was only every referring to Aug/04
------------------------------------------------- Now this is to much, Dustybutler101? WTF, COPYRIGHT INFRINGEMENT!!!
U/C I'll see you in court..LOL
Hang Em High! claim jumpers!
Posted by legaleagle on :
quote:Originally posted by stockster5: I have more news on UC and Legaleagle... I said before that UC was not human, and now I know legal is an alien too. They are both 'Grey's' . Evil aliens working within a US secret government including the British empire's masonic lodges of the Illuminati New World Order to take over the world and enslave mankind. Cmkx is one of the instruments to collasps the US economy and allow the take over to comense. All this is taking place deep underground bases in the western US states and canada... thus the cmkx connection of land ownership in Canada. I discovered information about this inadvertinly while researching cmkx company records. Since I have recieved a strange phone call and noticed unmarked black helicopters hovering near my house yesterday, It has become imperative that I reveal this information to all. As I type this there is another black helicopter passing overhead.... and I and I'm really worr
One severe problem with that theory, stockster. If a being were intelligent enough to master intergalactic travel, they wouldn't want this planet. Have you looked around?
Posted by stockster5 on :
yes all ok hear i ok mr egle ok yes no nothing to report is ok thankyou
Posted by Monopoly Money on :
That dissappoints me legal, have you no love for the arts or natural phenomina? This planet has much to offer if you get out of your computer room, put on some sunglasses since you probably havent been out of that dark room for awhile and go take a look.
1) The great barrier reef and all its natrual wonder would be a fine start. 2) The great sand Dune in Austrailia 3) the chain of mountains around K2 4) the great pryamids and Sphinx in egypt 5) the wonders of the Sahara desert 6) the plains of africa and the indigenous wild life 7) the Medieval and Renaissance structures throughout all of Eurpoe. 8) the Pyramid ruins of the Myans in central America 9) the ruins of the Incan and Atec empires 10) the Auraborialis 11) the Grand Canyon 12) The Great Wall of china 13) Culture of Singapore 14) Moscow 15) Jerusalem 16) Colorado and Wyoming 17) The Smokey Mountains
Yeah your right no reason to visit this primitive backuniverse planet that has absolutely nothing to offer for anyone.
I have no lost what little respect i had for you, especially since you can't even recognize beautry in your own back yard, let alone your own planet.
quote:Originally posted by legaleagle:
One severe problem with that theory, stockster. If a being were intelligent enough to master intergalactic travel, they wouldn't want this planet. Have you looked around? [/QUOTE]
Posted by Hammer on :
I've been there! Liked the plains of Africa a lot. You forgot about the heritage of England, Spain, Italy. I forgot France before I left it.
Posted by permanentjaun on :
MM - Not to discourage your arguement, but those reasons may not be the greatest for aliens to visit. Those are all great reasons for us to get out of our houses, but is an alien going to waste whatever fuel they use to see a perhaps average planet such as ours.
There are mountains on mars almost unconceivably taller and more massive than anything our planet provides. I believe there is life out there, such as the life we're asking to visit, and so I also believe there is a most definite chance their varying cultures can have much more exuberant thrills and such.
The second humans find a way to efficiently travel space; I think it would be interesting to see how many of us stay.
"It is the tragedy of the world that no one knows what he doesn't know - and the less a man knows, the more sure he is he knows everything." - Joyce Cary
Crap - My first legitimate CMKX thread post. I'll see if I can make it my last. Matt
Posted by netra on :
Straight from the IR's mouth... you ain't gettin jack... but you did get jacked!
Joined: Oct 2005 Posts: 174 Karma: -1 Hey Andy, you putz..... « Thread Started on Yesterday at 4:42pm » ....Andy thread from 57.......what a #$%*$^ loser
The Entourage PR of October/05 states there has been no NI -43-101 Geologist report done any the claims from United Carina, the Smeaton claims held by Koch's numbered company, or the claims which involved Nevada minerals.
Note: It is called a: Geology, Mineralization and Potential, Property Evaluation Report.
I believe it is a report required if you are reporting in Canada and of course Entourage is reporting via Sedar per the BC Securities Commission requirements as a Canadian head officed company, even though Entourage does not currently trade on a Cdn exchange.
This PR also in Oct/05 further confirms the 25% CMKX to Entourage interest in claims held by United Carina included the Carolyn claims per the statements in the PR:
"The claims include the Carolyn kimberlite pipe and United Carina reported in an October 18, 2005 news release that in a five-hole drill program on this pipe in 2004, samples from one of the holes tested for diamond content. Only two micro-diamonds were recovered, but further testing will probably be conducted on other samples from the drill holes.
The Company expects to make an announcement about the terms of the negotiations should an agreement be reached. There is no NI 43-101 compliant report completed on these claims and there is no assurance that the Company will be successful in reaching a definitive agreement."
So we know from this that United Carina has never done an NI-43-101 report for these claims.
The 50 mill. share stock deal with Entourage was valued at approx. $25 mill. at the time of the announcement per the PPS of Entourage at that time. In recent weeks the PPS of Entourage has declined to a current "paper" price of approx. $11 mill. and of course that will continue to fluctuate.
So the question must be asked....Is this the true value of the claims based on the paper stock deal or is there an ace up the sleeve somewhere? Rumors say as such, but rumors imo do not represent reality and why would Mr. Casavant broker the claims for less than what they are really worth?
Does valuation through Entourage's future efforts effect the possibility of settlement size re the manipulation and naked shorting of CMKX? Or does it now become a completely separate issue which only comes into play via the future increase in the PPS of Entourage and a possible short squeeze created by the Entourage/CMKX deal?
Regarding CIM, IMO it only contains the zinc claims at this point. Mr. Casavant had indicated the intention to take CIM public but no date for this to be achieved has ever been confirmed.
It has recently come to light (John Martin of the OG and further validated to me by Mr. Casavant), that noone retains majority control of CMKX now. I have therefore concluded the float is most likely close to the outstanding and hence this has completely changed my opinion of what the ratio of naked short to float may be. I had hoped the previous forebearance factor may have seen the o/s reduced by 600 bill. shares, but that seems unlikely, IMO. How does this then effect the ability of the Task Force to put pressure on the Regulatory bodies pertaining to a desired settlement?
Hence, it remains crucially important IMO for all shareholders to continue to comply with the request of the Task Force to pull your shares in Cert form and fax a copy of your Cert. Every share and every Cert counts and needs to be counted to dry up the 703 bill official outstanding.
Additionally, one has to question how the Entourage deal can be effected without CMKX shareholders being given the opportunity to vote (?), if there is no majority control as this point. I know this question is already being asked by some shareholders and even Mr. Frizzell appears to be unable to come up with an answer so far.
Or for that matter, how can the affairs of CMKX be wound up without a vote by shareholders? Again, this is a question which should be addressed IMO to Mr. Frizzel as a member of the Task Force.
I would like to, as would all shareholders, receive some clarity from Mr. Maheu as Trustee of the Task Force on a number of these questions. I remain very optimistic Mr. Maheu and the Task Force will be successful in obtaining a settlement for shareholders. I see nothing to indicate and verify a settlement has been reached at this point. The fax campaign is to run until Dec. 31 and per my conversation with Helen Bagley at 1st Global the other day, she felt this date may need extending, based on her own resources to get certs out to everyone asap. IMO, any settlement will not come until the fax campaign is completed and the Task Force has properly assimilated the data to present our case to Regulatory bodies.
IMO, we have no way of knowing if there are any current negotiations in progress or concluded negotiations unless we receive a verification of such from the Task Force. Mr. Frizzell as a member of the Task Force has stated he is not aware of any concluded settlment discussions in his email updates to the OG.
I prefer to see an official Press Release as proper evidence of such and all matters pertaining to CMKX and effecting all CMKX shareholders.
Many have questioned why I am setting my personal expectation of a settlement at .005 or half a cent. It is purely my own opinion (never discussed with Mr. Casavant). It is based on the premise that if one had purchased 50 mill. shares at .0001, this would translate to approx. a 3000% gain or $250,000 before in-cost of $5000. and commission fees. Pretty darn satisfactory, IMO, but I will have no hesitation in accepting more if it is achieved and of course it might be less. In reality at this point, IMO shareholders simply don't know.
Just my opinion on all of this and I am sure everyone will have their various opinions on my opinions..LOL Nor is it my desire to fan the fire regarding any of this. I only hope for the best and quickest conclusion possible from our Task Force and they should continue to receive our utmost support and cooperation.
Have a safe weekend everyone.
Oaks (aimho)
Posted by netra on :
quote:Originally posted by Monopoly Money: That dissappoints me legal, have you no love for the arts or natural phenomina? This planet has much to offer if you get out of your computer room, put on some sunglasses since you probably havent been out of that dark room for awhile and go take a look.
1) The great barrier reef and all its natrual wonder would be a fine start. 2) The great sand Dune in Austrailia 3) the chain of mountains around K2 4) the great pryamids and Sphinx in egypt 5) the wonders of the Sahara desert 6) the plains of africa and the indigenous wild life 7) the Medieval and Renaissance structures throughout all of Eurpoe. 8) the Pyramid ruins of the Myans in central America 9) the ruins of the Incan and Atec empires 10) the Auraborialis 11) the Grand Canyon 12) The Great Wall of china 13) Culture of Singapore 14) Moscow 15) Jerusalem 16) Colorado and Wyoming 17) The Smokey Mountains
Yeah your right no reason to visit this primitive backuniverse planet that has absolutely nothing to offer for anyone.
I have no lost what little respect i had for you, especially since you can't even recognize beautry in your own back yard, let alone your own planet.
quote:Originally posted by legaleagle:
One severe problem with that theory, stockster. If a being were intelligent enough to master intergalactic travel, they wouldn't want this planet. Have you looked around?
[/QUOTE]
You aren't far from the truth.. when i found jb/leagleeagle i also googled his nick noahtl... you know what i found?? The GUY LIVES on the INTERNET! He plays mudd and other online text fantasy games and I created a fake account on one just to watch him and god the guy is insane with a crazy ego trip over the net. The guy is playing almost 12-13 plus hours a day.. i mean he LIVES on the internet! Going to chat rooms/trolling message boards and playing online role playing text based fantasy games.. the guy has no life and lives in a fantasy world... and no he wasn't a cop but i'm to polite and feel way to sorry for him to post what he really did with his life.
Posted by netra on :
brickdoctor Diamond Hunter * member is online
Joined: Oct 2005 Posts: 14 Karma: 0 Re: Hey Andy, you putz..... « Reply #25 on Today at 4:43am » I told you guys urban and insiders own nothing... they dumped because there is no value in cmkx. To explore these claims on 1.4 million acreas takes years and tons of money. When the fax campaign is finished we will if lucky get the 14000 to 1 ratio about 1/3 of our investment back, then most likely entourage will struggle with financing and more than likely go away after the insiders sell there shares. But remember our shares will be restricted until the stock price is about 0003 from all the selling... That is the way the games are played we will always lose.. I want to say this is the risk for dealing with a company that can't file. You would be better off to play in vegas at least you can talk to the dealer lol...............................................
Posted by bill1352 on :
Originally posted by Monopoly Money: That dissappoints me legal, have you no love for the arts or natural phenomina? This planet has much to offer if you get out of your computer room, put on some sunglasses since you probably havent been out of that dark room for awhile and go take a look.
how about unnatural phenomina??? Pam Anderson, the Pistons cheerleaders, the cowboy cheerleaders, 50K blondies in L.A., supermodels, almost supermodels, the hookers in Toronto or Vegas. you need a reason to visit earth, well any of these beats those reptile like females they have been doing...lol
Posted by permanentjaun on :
Lol bill. Again I'll bring up the possibilities of alien worlds. Total Recall? Ha. Not sure if I'm attracted to them though. Matt
Posted by Monopoly Money on :
No, other points of view are fun to look at when talking about this subject. Lets take some things into consideration from a scientific point of view. This planet as evolved and changed over the past 3.5 - 4.45 billion years along with its inhabitants. Creatures have evolved along that whole time from single cell organisiums to the 2 legged creatures we are today. Every major step was the cause of some external force outside the "system". I.E. an ice age due to a meteorite hit. And also massive changes internal to the "system" such as shifting plates, such as india breaking off of africa and slamming into south Asia.
The point is if you think about from an evolutionary standpoint, we are very interesting to see how the indigneous planet and animal life have evolved due to the changes that have occured. I really dont want to get into the debate, creationisim vrs Evolution, i will save that for another time when im feeling better and not working on finals. But just pointing out some of the things that a more evolved and scientifically advanced race might find interesting on our little rock island in space.
quote:Originally posted by permanentjaun: MM - Not to discourage your arguement, but those reasons may not be the greatest for aliens to visit. Those are all great reasons for us to get out of our houses, but is an alien going to waste whatever fuel they use to see a perhaps average planet such as ours.
There are mountains on mars almost unconceivably taller and more massive than anything our planet provides. I believe there is life out there, such as the life we're asking to visit, and so I also believe there is a most definite chance their varying cultures can have much more exuberant thrills and such.
The second humans find a way to efficiently travel space; I think it would be interesting to see how many of us stay.
"It is the tragedy of the world that no one knows what he doesn't know - and the less a man knows, the more sure he is he knows everything." - Joyce Cary
Crap - My first legitimate CMKX thread post. I'll see if I can make it my last. Matt
Posted by Monopoly Money on :
Well i was pointing out natural a long time to create. You are assuming that an alien race that might visit earth reproduces in the same way we do, and on top of that your also assuming that said alien race finds the same qualities in a mate beautiful as we do.
Excluding those points, thats a hell of a good enough reason for me to visit any of the places and i live here:)
quote:Originally posted by bill1352: Originally posted by Monopoly Money: That dissappoints me legal, have you no love for the arts or natural phenomina? This planet has much to offer if you get out of your computer room, put on some sunglasses since you probably havent been out of that dark room for awhile and go take a look.
how about unnatural phenomina??? Pam Anderson, the Pistons cheerleaders, the cowboy cheerleaders, 50K blondies in L.A., supermodels, almost supermodels, the hookers in Toronto or Vegas. you need a reason to visit earth, well any of these beats those reptile like females they have been doing...lol
Posted by Monopoly Money on :
Total Recall didnt have aliens, it was based on humans expanding to Mars, and that the human miners had mutated due to toxic/radioactive elements in the mines. No those were not aliens those were humans mutating/evolving due to something externally affecting the system. However if i recall they did have trips you could take to the outter rings of Saturn, but i dont think humans had left the solar system yet, at least nothing that i recall the movie pointing out. OH DEAR GOD maybe they got me too.
quote:Originally posted by permanentjaun: Lol bill. Again I'll bring up the possibilities of alien worlds. Total Recall? Ha. Not sure if I'm attracted to them though. Matt
Posted by RiescoDiQui on :
There was aliens.. they were the ones who built the huge heaters that vaporized the ice to disperse oxygen into the atmosphere. Ohhh there was aliens... you just didn't see them.
Posted by Monopoly Money on :
DAMNIT, see they did get to me... i didnt "RECALL" that at all. Okay you got me i completely forgot about the main point of the movie, a 3 fingers alien can building very large nueclear reactors to melt a lot of ice.
quote:Originally posted by RiescoDiQui: There was aliens.. they were the ones who built the huge heaters that vaporized the ice to disperse oxygen into the atmosphere. Ohhh there was aliens... you just didn't see them.
Posted by Ric on :
After a year of reading these crazy peoples posts of a settlement and trillion dollar valuation which by the way they paid a few million dollars for, I guess their prior owners were clueless, I bet Entourage just can't wait to get these shareholders as part of there base. roflmao
Posted by Monopoly Money on :
hahahah. What failing company wouldent want this bunch as an investor base?
quote:Originally posted by Ric: After a year of reading these crazy peoples posts of a settlement and trillion dollar valuation which by the way they paid a few million dollars for, I guess their prior owners were clueless, I bet Entourage just can't wait to get these shareholders as part of there base. roflmao
Posted by permanentjaun on :
MM
My mistake on Total Recall. I never really paid attention to that movie. It's a fun movie, but not anything award winning. It did win an Oscar for sound, best effects, best sound effects.
Anywho, the point of my alien post was that we have to accept that there is probably an alien planet, race, etc. that had a much more interesting evolution or has a more interesting planet. I agree our planet and life are very interesting; but I feel this universe is too expansive for us to be the cream of the crop in terms of the most interesting evolution. Another thing to think about is perhaps everything in the universe evolves the same way and no one cares to learn about the same crap they've already experienced. Lol. Back to real stocks. Matt
Posted by Monopoly Money on :
We'll if you want to get all philisophical in the ways of the Universe i can oblige. You do realize that we have no idea how old our galaxy is, let alone our Universe. It is possible we are the first sentient beings to populate this barren wasteland we call space. However, it is my opinion that we are one of the youngest to develop, given the proximity we are in the miliky way and the milkyway relative to other known galaxies.
We are actually on the outter skirts of the Milky way. Which means we would have been one of the solar systems that devleoped last, *theory of Gravetational Constant, along with, "the galaxy is constantly moving outward*. Given this information, thats not to say we are the newest sentient life forms either. Im baising this all on the assumption that the universe is Trillions of years old, galaxies have come and gone, contracted and expanded and were whats left over from billions of years of drifting atoms/elements collected togeather in a gravity well which finally formed what we know today.
That being said *mouthful*, the mistake known as, the human race, is not the only one in my eyes. You add up how many stars there are in the Milky way alone, then add up the average planets each solar system has, divide that by conditions neccessary to facilitate life and the chances of the neccessary materials being present at the precise time to form life. Granted this is all based on life as, we as human beings, understand it, carbon based life forms. Is it not fessible that there are other methods of life, other ways of living beyond our comprehension ta this point in time? I think so.
Anyways back to your original thing about Total Recall. I didnt mean to beat you up about it just had nothing else better to do and decided to remember what i could about the movie. My 3rd shift counterpart is here, i feel like crap so im going home. have a good night
quote:Originally posted by permanentjaun: MM
My mistake on Total Recall. I never really paid attention to that movie. It's a fun movie, but not anything award winning. It did win an Oscar for sound, best effects, best sound effects.
Anywho, the point of my alien post was that we have to accept that there is probably an alien planet, race, etc. that had a much more interesting evolution or has a more interesting planet. I agree our planet and life are very interesting; but I feel this universe is too expansive for us to be the cream of the crop in terms of the most interesting evolution. Another thing to think about is perhaps everything in the universe evolves the same way and no one cares to learn about the same crap they've already experienced. Lol. Back to real stocks. Matt
Posted by permanentjaun on :
It is very possible we were the first to develop, but my belief/opinion is that, that situation is improbable.
I don't agree with your theory of us being on the outskirts of our galaxy meaning we developed last. The spark of life, even of planets and solar systems, requires certain conditions to occur. The position of a solar system relevant to the "center" of a galaxy does not constitute that the conditions of creation are met or not met. Our solar system could have met the conditions necessary to create life of planets and stars well before the catalyst was sparked in the center of our galaxy.
It is also difficult for me to say we are young compared to the position of our galaxies relative to others because all points in space are moving away from each other equally. There is no center of the universe. If we're moving away from a galaxy at 10,000 km/s then that galaxy would also see us moving away from them at 10,000 km/s.
Therefore if you were to say position relative to other galaxies determines age, then everything would be of equal age. We know this can not be true since we witness the beginnings of galaxies today. That does not mean that they're not moving away from us though.
So, as I've said, it's my opinion that there is a lot of life in our universe we don't know about. With the infinite possibilities of life, considering our universe to possibly be infinite, our history of being is next to impossible as being the most interesting to visit and learn about. Wrap your head around all that for a while. Lol. Adios. Matt
Posted by Monopoly Money on :
actually id like to correct you on that. *im in physics class and i asked this one* The moon orbits earth, due to the gravitational pull. So the moon goes round and round and rount until you get dizzy. The earth orbits the Sun. The earth goes around the sun over and over again, until you get dizzy. Now the sun orbits a central gavitational object in our galaxy, which it goes around and around and around *this has been proven* Now the galaxy *theoretically* all galaxies in the universe would rotate around a singular mass, which would fit the forumla up to galaxies.
and to prove to you that we are on the outskirts of the milkyway *since you dont believe me and think that is theory*
according to this picture which can be found at http://www.enchantedlearning.com/subjects/astronomy/solarsystem/where.shtml it pretty much looks like were on the outskirts of our galaxy to me. And with this *FACT*, remember it try to deal only with those when i argue, we would be one of the youngest solar systems in that have developed, which in turn means we would be one of the newest planets that house life in our galaxy. This image also proves that we are rotating around a Galactic center. wether or not its a huge massed/gravity object, or the combination of a multitute of obejcts, I.E. an atom with electrons orbiting, however i cannot prove the galaxies rotate around a central mass, simply because we can't see that far out yet
So here, i present to you evidence that will back my argument up that we are relatively new in our galaxy and that we are probably one of teh youngest. Now in relation to every other galaxy in the universe i have no idea how old we could be. but were at least 5 billion years old. *reference* http://solar-center.stanford.edu/FAQ/Qage.html
hope this helped a little bit
Posted by legaleagle on :
Post by noahltl
Negativity Def: characterized by habitual skepticism and a disagreeable tendency to deny or oppose or resist suggestions or commands
The first thing noted in the definition is that negativity is defined as "habitual" skepticism. So if you find yourself "occasionally" feeling skeptical in this stock, I think you may just be "normal" and healthy and not defined as negative. Also, I think we can put a little of the blame on the company because it is quite easy to become skeptical in the absence of facts generated from the "brass". Now we also know that secrecy is important to precious minerals exploration, and when under outside attack, I think even some disinformation and atmosphere conditioning is proper aand permissible. And the "leadership" of Bob Maheu, with his past, just screams of pulling all the stops when dealing with the enemy.
Recently we have witnessed a phalanx of habitual skeptics arise and take control of several message boards with accusations of UC being a detestable manipulator of the stock and an outright thief, worthy of spending his life behind bars, and being sued for millions, for stealing all of our investment dollars. They have ostensibly utilized dcouments procured by the SEC, for use in prosecuting its case against CMKX, to paint a picture of an evil ogre bent on lining his pockets at our expense.
As to those SEC documents (if they really were), my experience as a criminal investigator allows me to understand, that in the preparation of a case against anyone, you accumulate "evidence" that can be used by the prosecutor to "make" their case, not to harm it. And in the case of a "sting", if that is what happened here, there would be much evidence of criminal activity by the principals. That is what a "sting" is all about, participation in the criminal activity, while accumulating enough evidence to convict the "real" bad guys. At the end of a sting, the bad guys are arrested, and the "co-operators" are not. In the case of CMKX, we see associates being arrested at this time, and turning states evidence. Shawn Hackman was arrested early on and did so. Then Gary Walters was recently arrested, arraigned, pleaded guilty and is awaiting sentece, all in a scant few months. This is usually indicative of having cooperated in the investigation in exchange for a lighter sentence. Then we see John Edwards "empire" crumbling and rumors of asset seizures traveling the boards and chat rooms. Yet nothing on Urban Casavant. No prosecutions. No seizures of assets. No orders to remain "in country" Did the DOJ just miss the "evidence" that is being promoted as the "proof" of criminal activity on the part of UC? Just how far can we be led to believe in the ignorance or incompetence of our law enforcement organizations by a handful of message board hacks?
But even in the absence of "sting", let's take a good look at this "effort" by some to raise questions about UC and CMKX. This negativity can't get us to sell our shares any more, we are locked in. They can't be protecting any "newbies" from making mistakes. They can't, any longer, purchase the stock. We're locked at this point, so they can't affect the pps. What is their motivation?
It appears that there are only two possible motivations for bashing UC and CMKX at the moment. One is to prepare the masses for a class action by an attorney bent on making his millions in court, or to incite nervous investors to launch their own cause of action. The second is to create an atmosphere of desperation at ever profiting or recovering on our investment, in order to thwart the "cert pull" operation. And/or to create a climate where shareholders are willing to accept "anything", just to get out of the current situation.
Personally, I'm in for the "long haul". I expect to be compensated for the naked shorting of this stock, and I intend to follow the value of our holdings into the future in whichever "vehicle" the company decides to place its claims. And I'm not falling for the "charges" of a few well placed dissidents bent on destruction of this company for whatever their reasons or agendas may be. This is all just IMO, and I could be wrong. But I will wait until the "facts" are known be they good or bad, and not be influenced by the "bad winds" of self promoters.
Posted by Monopoly Money on :
Whos going to compensate you, where is that money going to come from? and furthermore whos going to pay it?
Posted by legaleagle on :
From Dr. D.
Settlement? Could become a reality... « Thread Started on Today at 11:55am » The distribution is in certificate form so we can win. This is a revised post I put out on 28 October 2005 the day of CMKX’s revocation being finalized and before the announcement by the company for a certificate pull. This was an expected action and option I seen for the company for some time, but now it could be reality.
CMKM Diamonds – Bona Fide shares - Authorized Outstanding Shares? = (703,518,875,000) Company is responsible to cover - Legitimate – Bona fide shareholders – A hefty 703,518,875,000 shares qualify for distribution of Entourage and CMKX Assets to be paid by the company – We will see Direct distribution from the Task Force after share legitimacy is determined by presentation of an authorized certificate from 1st Global Transfer signed by an authorized officer of CMKX. Not one Share of the NSS position can legally be paid the asset distribution by the company. The A/S is still 800 billion through the Nevada Secretary of State and they are all accounted for in “Treasury Shares, Retired Shares, and Outstanding Shares” and this sets the limit on the total amount of “authorized, legitimate, bona fide shares” the company can cover and the TA can issue. Regardless of any rumors from shareholders that the DTCC stated that everyone will get certificates. Additionally, it would be illegal for the company/Task Force to take “legitimate bona fide shareholders” share package rights to the distribution of the Assets of CMKM Diamonds and give them to a non share holder. Stay with me please!
Counterfeit – Naked Short Shares Non-authorized company shares – These shares are issued and owed by MM/Broker/DTCC/NSCC) - SHORTY MM/Broker/DTCC/NSCC – Unauthorized O/S = Possibly Unknown Trillions – The Counterfeiters are responsible to cover Illegitimate counterfeit shares they sold to unsuspecting investors in CMKM Diamonds causing the existence of Naked short shareholders – Possibly unknown trillions of shares and tens of thousands of shareholders do not qualify for the company/Task Force distribution of assets but instead “qualify” for distribution of Entourage And CMKX assets to be matched and paid to them by the Counterfeiters/Shorty.- Settlement meetings to discuss the Distribution would be negotiated among Counterfeiters/Shorty as to who is responsible for how many shares and who owes what percentage of the payment to the shareholder. Equal shares and portions of CMKX distribution will have to be paid to all Electronic shares that could not receive certificates or shareholder action possibly with Task Force assistance will be taken against the brokers who purchased illegitimate/counterfeit shares and placed them in their clients account. Many brokers have hedged their position with rules in place allowing them to reverse all trades and refund purchase price and transaction fees back to a determined date on any security. But in this particular instance I don’t think SHORTY has a chance! JMHO of course.
The Company/Task Force has moved the CMKX Certificate Holders and the eventually revealed NSS position electronic holders of CMKX into a position to potentially make all CMKXers a tidy settlement by Shorty and Co. if this scenario is how Urban, Maheu, Stoecklein, and Frizzell intend to bring the market makers/Shorty to force a settlement. ----------------------------------------------------------------------------------------- The deliverance by bona fide shareholders of certificated shares of CMKX to the company for the Entourage and CMKX asset distribution can only be answered by the company by issuing certificated shares of Entourage and potentially certificated shares of past known CMKX assets (i.e. CIM, GEMM, and SGGM along with UCA and 10% CIM lifetime royalties) to be distributed to the shareholders. This payment cannot be electronically placed in a shareholders account because the distribution will follow the share. The share is in physical certificate so the distribution has to be in physical certificate.
Therefore, “Shorty”, whomever you determine that to be, that either individually or collectively owes the entire NSS position is either forced to obtain matching physical certificated shares to pay the NSS position for the CMKX bona fide shareholder certificate share distribution. Shorty will have to issue them to the remaining naked short shareholders of electronic shares that can’t get CMKX certificates or shorty defaults, forcing the insurance to kick in, exposing shorty to the market and general investing public, shorty is then brought up on charges, forced to settle and go to jail.
If they choose to settle and I believe they have little choice:
1. Shorty will have to approach Entourage and obtain the matching physical certificated shares in a private placement of some sort to get the necessary restricted shares and pay the naked short shares legitimately. If they fake Physical Certificates to pay to the Naked short position they are brought up on Federal counterfeiting charges. (This holds true for all shares from various companies distributed to us) 2. Secondly CMKX owned 200 billion shares of SGGM. (I am guessing that we still have them) SGGM did not challenge a revocation a few months ago and therefore Shorty will have a difficult time legitimately covering these shares in certificate form. Shorty would have no choice but to get a private placement in SGGM which could net SGGM billions which could then be distributed to shareholders/us in a settlement.
3. CMKX still owned at least 20 billion shares of CIM (Casavant International Mining), Ron Casavant – president, plus a 10% lifetime royalty, all of which will be distributed to CMKX shareholders. Shorty will have equally difficult times trying to obtain these shares in certificate form and also would have to negotiate to get the NSS position an equal piece of the 10% lifetime revenues. Especially if CMKX stuck an OREO (humungous diamondiferous kimberlite pipe) or two in CIM before the transfer to Entourage. We only transferred 36% of a 60% holding we initially bought in Nevada Minerals to Entourage leaving a possible 24% of those claims that may have been placed in CIM. These monies, easily could equal billions of dollars and should be paid to shareholders/us for a lifetime.
4. this holds true for USCA/UCAD, Shane Resources, United Carina, the American Mine (now is reportedly defaulted) and any other entity or asset that CMKX has tied the knot with. Each one equally valuable and capable of yielding millions and/or billions of dollars to be equally distributed to shareholders. Remember that the distribution is in certificate form so we can win.
The certificate holders initiate the plan by removing all legitimate 703,518,875,000 outstanding shares from the TA and market permanently exposing Shorty. The certificate holders are the bona fide shareholders and account for the entire authorized and legitimate OS and verifies it in certificate form to the company.
As I said Shorty can’t cover the distribution with electronic markers or further NSS because payment has to be made in physical certificate from the company. Then enters the pressure from the counterfeit/NSS shareholders (electronic shares not covered or pulled) as Shorty cannot fake certificates without having the U.S. Secret Service, CIA, FBI, and all of the counterfeiting enforcement agencies on their back. The SEC/DTCC cannot protect them if they counterfeit a stock certificate as that is exactly like counterfeiting U.S. Currency.
We know Shorty is used to winning and rarely loses and will not be happy, but Shorty is not ignorant to the fact that Senators, governors, Attorney Generals, Representatives, Well known business men, etc… have been not only made aware of the circumstances surrounding CMKX, but some of them are shareholders. Shorty loves to win, but he doesn’t like getting worldwide exposure, going to jail, ruining the stability of the U.S. Economy, possibly bankrupting, and still having to pay up on the backend.
If I am seeing this right, then the Certificated shareholders slam the door on Shorty because the company pays out the assets and distributes Entourage in physical certificate form to the shareholders. Nothing electronic is permitted so Shorty no longer reigns supreme. The Task Force/Company has taken the game out of Shorty’s arena and has pulled him down to size where in the physical certificate world he loses. Low Tech still Rules! The electronic shareholders that couldn’t get certificates are the back breaking pressure for Shorty as he is forced to buy-in, match, settle, and pay out in CERTIFICATE Form to the company in damages and then to the naked short shareholders to fully include them in the distribution of assets or possibly go directly to jail, force insurance to kick in, possibly ruin the stability of the U.S. Economy.
This plan, if Urban chooses to use it, would therefore include all certificate shareholders (bona fide) the covering of all NSS holders (electronic – non cert and non direct registered), because Shorty has to fork over physical certificated shares by buying in to the companies he has to get them from (CMKX, Entourage, CIM, USCA/UCAD, GEMM, plus royalties). This makes all formerly illegitimate shareholders now legitimate shareholders in the distributed entities (companies) that have been included by CMKX’s distribution.
The monies generated from Shorty being forced to buy in to these companies should generate cash dividends or settlement monies from all companies to the shareholders, of which we would all legitimately be shareholders, and when the settlements are paid out, we are still holding all of our shares in Entourage, CMKX, CIM, SGGM, GEMM, etc… that we started with, and more…
IMHO, No one can even hope to guess accurately what kind of a settlement agreement would or could produce in a per/share payment to CMKXers to resolve the NSS position. Many are guessing, but in all honesty there is no way to calculate from our end of this equation. No valuation, no list of assets, no idea of debt, financials as a whole, etc... Anybody's guess is only that, "a guess". IMHO don't give any legitimacy to figures released by shareholders. If it doesn't come through the Task Force (not the Owners Group) it isn't real, IMHO.
This is just an idea I had at how things could work out. Thanks for listening. These are of course just my opinions and I ask that you treat them as such.
MM - I did not disagree with you that we are on the outskirts of our galaxy. My arguement is that our position in our galaxy does not mean that we are one of the newer galaxies. I also do not argue that our galaxies age of 5 billion is new. I simply argue that there are probably solar systems in similar locations in our galaxy that are older than many solar systems located near the center of the galaxy.
Also, you should reread the link I posted. It makes sense that there may not be any center of the universe. I believe this is where string theory comes into play. Galaxies light years away still have a gravitional pull on us, no matter how faint. So if there was a big bang, and galaxies expanded in the universe like dots on a balloon, they would all expand out equally with relation to one another. Their collective masses would combine to create a false center of the universe. Sorry got to go. Maybe I'll continue my thought later. Matt
Posted by Ric on :
Someone needs to send these links to Bellevue so they can figure out were to pick up there lost patients. I have a hard time believing this many people are this brainwashed. Guess what CIM and SSGM are gone. You will get nothing and UC ripped you off. If your lucky you might still be a to sue him before he con you into giving him enough time to get away with this. You people need serious help.
Posted by Monopoly Money on :
hmmm interesting i shall have to give this some thought.
quote:Originally posted by permanentjaun: MM - I did not disagree with you that we are on the outskirts of our galaxy. My arguement is that our position in our galaxy does not mean that we are one of the newer galaxies. I also do not argue that our galaxies age of 5 billion is new. I simply argue that there are probably solar systems in similar locations in our galaxy that are older than many solar systems located near the center of the galaxy.
Also, you should reread the link I posted. It makes sense that there may not be any center of the universe. I believe this is where string theory comes into play. Galaxies light years away still have a gravitional pull on us, no matter how faint. So if there was a big bang, and galaxies expanded in the universe like dots on a balloon, they would all expand out equally with relation to one another. Their collective masses would combine to create a false center of the universe. Sorry got to go. Maybe I'll continue my thought later. Matt
Posted by bill1352 on :
"The deliverance by bona fide shareholders of certificated shares of CMKX to the company for the Entourage and CMKX asset distribution can only be answered by the company by issuing certificated shares of Entourage and potentially certificated shares of past known CMKX assets (i.e. CIM, GEMM, and SGGM along with UCA and 10% CIM lifetime royalties) to be distributed to the shareholders"
lets see add this up & it equals 73 shares of entourage per million or $14.20 per million at the current pps of .20. if they still have the GEMM shares thats another $1.50 per million. CIM???...worthless thus 10% of zero is zero. SGGM???...revoked, lots of value there but at least ya dont send them 5% of the entourage. maybe, supposedly they paid $10 million cash to UC, they just might want 5% of the entourage. that is if there is anyone running SGGM anymore. UCA???? cmkx owns zero% of UCA thus you get zero.
$16.00 per million, maybe, at the cost of at least $100 per million. if you paid more then .0001 that cost factor goes up. an 84% loss IF you can sell entourage at .20 & IF your cmkx average is .0001. i wonder was that "STOCK PLAY OF A LIFETIME (echo...echo...echo)" directed at stockholders or UC?
Posted by ed19363 on :
quote:Originally posted by Ric: Someone needs to send these links to Bellevue so they can figure out were to pick up there lost patients. I have a hard time believing this many people are this brainwashed. Guess what CIM and SSGM are gone. You will get nothing and UC ripped you off. If your lucky you might still be a to sue him before he con you into giving him enough time to get away with this. You people need serious help.
SGGM is gone. CIM never was.
Posted by legaleagle on :
quote:Originally posted by ed19363:
quote:Originally posted by Ric: Someone needs to send these links to Bellevue so they can figure out were to pick up there lost patients. I have a hard time believing this many people are this brainwashed. Guess what CIM and SSGM are gone. You will get nothing and UC ripped you off. If your lucky you might still be a to sue him before he con you into giving him enough time to get away with this. You people need serious help.
SGGM is gone. CIM never was.
ed, the fallacy in your thinking and posting, is that you simply say SGGM is gone.......it is revoked, just like CMKX, but goes on functioning as a private company, only out of reach of the manipulators now. CIM has been for a long time, and also having private status, shorty can't touch it. Personally I think it is the receptacle of the "missing assets" of CMKX and ultimately the "phoenix" that will arise from the ashes of CMKX.
It is misleading to say these companies are history when you don't know or have any proof. So at this point, my scenario is just as valid as yours and the other negs.
Posted by ed19363 on :
quote:Originally posted by legaleagle:
quote:Originally posted by ed19363:
quote:Originally posted by Ric: Someone needs to send these links to Bellevue so they can figure out were to pick up there lost patients. I have a hard time believing this many people are this brainwashed. Guess what CIM and SSGM are gone. You will get nothing and UC ripped you off. If your lucky you might still be a to sue him before he con you into giving him enough time to get away with this. You people need serious help.
SGGM is gone. CIM never was.
ed, the fallacy in your thinking and posting, is that you simply say SGGM is gone.......it is revoked, just like CMKX, but goes on functioning as a private company, only out of reach of the manipulators now. CIM has been for a long time, and also having private status, shorty can't touch it. Personally I think it is the receptacle of the "missing assets" of CMKX and ultimately the "phoenix" that will arise from the ashes of CMKX.
It is misleading to say these companies are history when you don't know or have any proof. So at this point, my scenario is just as valid as yours and the other negs.
Okay, let me clarify the statement then, just for those of you who are too dense to get it. CMKX and SGGM are revoked, private companies of which we have no part. We cannot vote, control what they do, nor sell the shares. Ergo, we cannot make money from them at this time. CIM, being a privately held company, has issued us stock as a dividend. However, that stock, along with USCA and whatever else we may have been given, are restricted, which again means we have no control, cannot sell shares, and therefore cannot make any money on them. Now, legal, does this sound like a good bargain? I dont want to hear your ramblings about the future, I want to hear NOW !!!! And NOW, all of this garbage is worthless. The future is a crapshoot just like playing the lottery. But RIGHT NOW? Zilch !!!! Any argument with this terminology??
Posted by legaleagle on :
That all sounds "fair", but tells me you just want your money today and don't want to wait any longer. That you cannot see past what is in your account. And cannot understand that this company has the goods or it would have benn gone a long time ago. Some times making money requires patience and maturity. If you wanted a good swing trade, you should have been out at .0012
Posted by netra on :
noahtl thanks for more of the reguritated bullshyt. Last i heard you saying they were close to filing, then i heard you say the whole thing is a sting..
quick flip the wheel-o-theories to see what you can come up with this week
LOL. u clown.. now go back to Mudding 24x7
Posted by legaleagle on :
You'll have to find that one on "close to filing". I have never thought they were going to file. Mainly because of the "sting", they would not want to reveal how it had worked.
Posted by legaleagle on :
MP3s of those "interesting" broker calls, re: cert pull. Take out the spaces.
http://www.willy wizards undergroundmp3.com/
Posted by netra on :
quote:Originally posted by legaleagle: MP3s of those "interesting" broker calls, re: cert pull. Take out the spaces.
Lol the response is overwhelming! Brokers don't know anything they just tell their clients regurgitated bullshyte. Its over no sting, no filings, no goods, just a nice warm scam.
Again scary how you like to talk in third person.
"I assure you, it will be done" - Maheu telling the judge CMKX will file all reports.
Posted by Bottomliner on :
quote:Originally posted by legaleagle: From Dr. D. ... Settlement? Could become a reality...
legal Very interesting. Can't say I believe it or not because I don't understand the process well enough (it's like animal reproduction ... I understand the mechanics, just not the science that makes it happens). Posted by legaleagle on :
Third Person????
Do you know what that means?
We, us.
Did you see that somewhere? If I do speak in the third person, it would refer to those who think with like minds. i.e. Kool Aid Drinkers. LOL netra, you're a trip.
Posted by Monopoly Money on :
Great minds think alike, *but more true to form in this instance--->* unfortunately so do stupid ones. just an observation.
quote:Originally posted by legaleagle: Third Person???? it would refer to those who think with like minds.
Posted by bill1352 on :
cmkx doesn't have any missing claims. do you think nevada gave back those shares for nothing? they are private thus no need to report. cmkx doesn't nor has it ever reported anything only stuff that somebody has their hands to the fire on. thus whatever you & the cult thinks is missing isn't or probably isnt. either it was defaulted on & pulled by the controlling party or the deal was scrapped. following your thinking means USCA & SGGM get a cut of ALL cmkx assets including the payoff shares of entourage according to the deals. of course not only is SGGM revoked but its board quit, its lawyer quit. from the reports on SGGM the only ppl left are the bagholders of SGGM shares.
Posted by Ric on :
Also CIM supposed to went public last year then after a brief excuse nothing more. To sit here and claim that it still exist is sad, really. It was a tool to help continue the pump. Thats the key to a pump and dump. They hype useless bullchit then dump 703 billion shares on unsuspecting shareholder. Then they pay pumpers to convince you that it didn't happen and after the cats out of the bag then they get the pumpers to convince you that you just didn't get ripped off. To me if you want to get the bad guys in this company you need to flush out the pumpers and sue them along with UC.
Posted by bill1352 on :
right now the cert pull is running at 30,162,000 per cert holder with just over 2000 filed. that equals, if the average were to hold all the way to 50K cert holders, 1.5 trillion. only a bit over 3000 have bothered to send certs in. i'm guessing this means 1 of 2 things either you wont get 10K ppl to bother with this & those that do send in get a lot bigger cut or the proof of a massive short isnt there. its true many may be waiting for certs. the cult pulled most of their certs but left some in accounts for that big run that never happened. as you only get 1 fax to count most will be coming in over the next 2 or 3 weeks. but if it keeps running like this what your hoping for is history.
Posted by ed19363 on :
quote:Originally posted by bill1352: right now the cert pull is running at 30,162,000 per cert holder with just over 2000 filed. that equals, if the average were to hold all the way to 50K cert holders, 1.5 trillion. only a bit over 3000 have bothered to send certs in. i'm guessing this means 1 of 2 things either you wont get 10K ppl to bother with this & those that do send in get a lot bigger cut or the proof of a massive short isnt there. its true many may be waiting for certs. the cult pulled most of their certs but left some in accounts for that big run that never happened. as you only get 1 fax to count most will be coming in over the next 2 or 3 weeks. but if it keeps running like this what your hoping for is history.
Bill, I dont think that average will hold. Plus the ones that only hold a few shares wont even bother. It's called an exercise in futility. IMO, nothing will ever come of all this. We lost.
Posted by CashCowMoo on :
i got 59,000 shares of AZTM for sale....CHEAP!! .0015.....on the market come and get them! wholesale prices baby
Posted by legaleagle on :
LOL MOO, they're trading at .001
Posted by bill1352 on :
well thought i'd save this from the 3rd page with this comment....they took about 300 off the faxed in list. the filed list increased but the average dropped under 30 million per holder. wanna bet the ones that got stuck with the most shares are the mm's? they have no choice but to buy or sell if an order comes in. i'm bettin if they pulled certs they would get 30% or better of the entourage shares.
Posted by Ric on :
Today at 5:05pm, gosh50 wrote:keeping up on claims work and filings due
i like it a lot
Can you cut and paste that part tia alot to go through
I only saw this and it makes me wonder "1.7 Capital Resources
Our auditors have issued a going concern opinion. This means that there is substantial doubt that we can continue as an on-going business for the next twelve months unless we obtain additional capital to pay our bills. This is because we have not generated any revenues and no revenues are anticipated until we begin removing and selling minerals. Accordingly, we must raise cash continuously from sources other than the sale of minerals found on the properties. That cash must be raised from other sources. Our only other source for cash at this time is investments by others in the Company. We must raise cash to implement our project and stay in business. Even if we raise money, we do not know how long the money will last. It depends upon the amount of exploration we conduct and the cost thereof. We won’t know that information until we advance the exploration of our properties. We will not continue exploration of our properties until we raise money."
Posted by ed19363 on :
Aww Gee, that's easy....do like CMKX did....sell more stock....raise the AS to maybe 6 quadrillion....Then stick it to the stockholders.
But dont sponsor any race cars or buy any 3 million dollar homes.
Posted by ed19363 on :
Can you hear it now?
Posted by Upside on :
I miss Wallace.
Posted by bill1352 on :
well ETGMF is well on its way down the diluting path...not anywhere close to cmkx or even most pennies but...over 17 million out, options for about 4 million tho most will nevewr fill, they start at .25. never see .25 again and 53.3 million about to head out. they do have 1 property that has a chance. didn't come from cmkx & its yrs from being income but they might be able to get a canadain value attached & then sell the thing for cash. they would only get pennies on the dollar because the real cost is getting to the mining point. any company with that kind of cash or income can wait till they default verses paying top dollar.
Posted by bill1352 on :
Total Received Fax's: 2760 Total Fax's Filed: 2237 Filed Certs Total: 66,871,236,798
they better start getting some faxes in or they won't get 200 billion shares & that will delay everything for yrs. entourage may be gone by the time they hand out shares...lol
Posted by netra on :
So basically the new entity is flat broke.. and the shell game continues on... scammer/crook/thief or whatever you call him... to me Urban is a genious and his Casavant Manuever was brilliant. The ex-prison guard is now a millionare.... brilliant!
""We will NOT continue exploration of our properties until we raise money.""
Posted by ed19363 on :
I wonder if he kept the two little diamond chips as souvenirs??
We need to start a pool to guess the first day ETGMF goes under a penny.
Posted by netra on :
IT'S TIME! « Thread Started on Yesterday at 9:19am » It's time to go after the *******s that stole our money! What are we waiting for?
1) Our Entourage Divy (LMFAO)? It will probably cost more in commissions to sell entourage than the POS stock is worth.
2)The Zillion dollar valuation to be announced? Andy already stated that he believes that no valuation has ever been completed. Besides, we know what UC believes CMKX is worth. He sold it to Entourage for 25 Million.
3)The .54 settlement? LMFAO!!! Think about it this way...Andy and Frizzell say that they no nothing about a settlement. They are closer to cmkx management than any of us. However people are choosing to believe people on message boards like ELO, Jay Dickhead, Queerquest, SCAMp etc. Yeah, ok, ELO knows what's going on but Frizzell doesn't. Makes a lot of sense.
I know three things about cmkx.
1) CMKX management mislead investors.
2) CMKX management failed to produce financial statements (as required by the SEC) so that investors could make informed decisions about out their investment.
3) 703 billion shares were issued and cmkx is supposedly out of funds.
My question...WTF are we waiting for? It's time to proceed with legal action. I could care less how much it costs. I want the "bad guys" to feel the pain that shareholders have had to endure by holding this POS stock and supporting the team for the last several years. Oh yeah, we should have patience right? Well two years is more than enough patience in my book.
Posted by netra on :
Joined: Mar 2005 Posts: 938 Karma: 3 MAJOR DAMAGE CONTROL « Thread Started on Nov 29, 2005, 6:56pm » Where is the filing?
At the end of the day, that is the real question. Looking for an NSS is a nice diversion.
Where is Urban? Where is the filing? Why does Entourage report no work was done on the claims transferred to them to show any sort of valuation?
Where is the filing? Why is CMKX broke?
This is MAJOR MAJOR MAJOR DAMAGE CONTROL.
Why are we being told repeatedly by a small group of posters to wait before seeking legal recourse? Wait for what?
Where is the filing?
Why was there no work reportedly done on the claims that were sold to Entourage?
What the hell was Urban doing all this time?
The American Shaft is GONE from us shareholders?
Two MICRODIAMONDS at Carolyn? We were shown the geologist report 1 yr after the PR?
What the hell is going on?
Where is the friggin filing?
MAJOR DAMAGE CONTROL.
Posted by netra on :
LondonE God of Diamonds ***** member is online
Joined: Mar 2005 Posts: 939 Karma: 3 Re: MAJOR DAMAGE CONTROL « Reply #20 on Yesterday at 12:18pm »
Yesterday at 11:56am, finallypayday wrote: No, LondonE, I just think that there is a lot more behind the CMKX saga than you can see. IMO, this is FAR from a scam and total loss for shareholders. Based on all the DD that has been shared in the last few years, I believe that there is value in the claims and I also believe that the "bonafide" shareholders will be brought along for the ride. It's hard to argue that these claims aren't quite valuable based on what is happening all around them. The biggest question for me is how the shareholders will be taken along. CIM, Entourage, SGGM, GEMM, etc, etc?
Fair enough.
What DD am I missing? Please fill me in on the drilling samples/reports I missed that you possess? Direct me to the stakeholder docs that Pedro provided, or your own for that matter, to show me UC owns majority shares demonstrating his belief in this company? Please show me the hidden doc that explains why ole' Wesley Casavant bought into Entourage months before I did, while his pop was telling us filing was coming SOOn? I haven't seen that hidden doc you must have seen yet. You must have a copy of the filings too explaining where hundreds of millions of dollars equating to issuance of 703 billion... hold on.. need to capitalize that as I fear we are becoming desensitized to it... BILLION shares went?
Seven thousand Million shares.
Where are the funds? You must know.
Can you share your dd with me please.... I have lost the way.
seriously.
What can you share? IP:
Posted by netra on :
Lol leagleeagle is a celebrity and that WWJDThrume is insane (she makes a cameo appearence)
You have 1,459 posts. I checked the security log and your account has not been deleted/modified in any manner whatsoever. It was created Aug 15, 2004, 5:05pm. Ask any admin of any board. That is a date we cannot modify.
In fact you logged in with it yesterday. I am not sure what you are trying to perpetuate but just another example of how you like to ignore the facts and make wild accusations.
Why would anyone want to delete your account anyway? We enjoy the entertainment...
[ December 01, 2005, 12:19: Message edited by: netra ]
Posted by Upside on :
I miss Wallace.
Posted by legaleagle on :
Well UP, I could be rude, obnoxious and self-agrandizing if you like.
Posted by netra on :
Entourage tries to gather loose ends in SEC filing
2005-12-01 21:01 ET - Street Wire
Also Street Wire (U-CMKX) CMKM Diamonds Inc
by Lee M. Webb
Entourage Mining Ltd., a Vancouver-based company trading on the OTC Bulletin Board, has filed its financial statements for the third quarter ending Sept. 30 with the U.S. Securities and Exchange Commission (SEC). The cash-strapped company's financial results may be of less interest than the notes to the unaudited statements.
Among other things, in the notes to the financial statements Entourage tries to gather up some loose ends regarding recent Saskatchewan property deals involving CMKM Diamonds Inc., Urban Casavant's massively diluted and recently revoked pink sheet woofer.
The numbers
The raw financial results for Entourage, headed by former McDermid St. Lawrence broker Gregory Kennedy and backstopped by chairman Paul Shatzko, are unimpressive and, like many OTC-BB companies, the Howe Street creation is flagged with a going concern warning.
Entourage, which reports in Canadian dollars, had a meagre $5,957 in cash and total current assets of only $102,641 as of Sept. 30. Entourage's current liabilities rang in at $168,415, leaving the company with a working capital deficit of $65,774 at the end of the quarter. The company's accumulated deficit stood at approximately $2.4-million.
The third-quarter results take into account a small private placement of 295,000 flow-through shares priced at 20 cents per share and 550,000 units priced at 18 cents per share, each unit comprising one share and one warrant exercisable at 30 cents per share, that was completed on Sept. 22.
The financing netted approximately $156,000 for financially challenged Entourage just before the end of the quarter.
The B.C. Securities Commission (BCSC), like other Canadian regulators, no longer provides the investing public with access to the identity of participants in private placements, so there is no way of knowing who anted up the cash in that small financing or, barring a filing error, any other private placement for that matter.
Included in the very limited information that the BCSC still makes available, however, is the jurisdiction in which the participants in private placements reside and the total dollar value raised in each reported jurisdiction.
In the Sept. 22 Entourage financing, the 290,000 flow-through shares with a reported value of $59,000 were purchased by a participant or participants residing in B.C.
In addition, 266,667 of the units priced at 18 cents per unit were issued in B.C. for $48,000.
The remaining 283,333 units from the Sept. 22 financing were whisked offshore, with 150,000 units costing $27,000 ending up in the secretive offshore enclave of Jersey and the other 133,333 units valued at $24,000 landing in Switzerland.
Other financings
Subsequent to the end of the third quarter, Entourage completed two other private placements, one a rather quiet affair completed just days after the end of the quarter and the other a noisier deal that was finally wrapped up on Nov. 18.
As disclosed in the notes to Entourage's financial statements, on Oct. 5 the company completed a private placement for just over 1.27 million units priced at 13 cents per unit, each unit comprising one share and one warrant exercisable at 29 cents per unit for two years.
An amended BCSC filing submitted on Nov. 15 discloses that all of the 1.27 million units in the Oct. 5 financing, valued at $165,750, were whisked offshore to Switzerland.
Coincidentally, on Oct. 6 Entourage, normally a languid OTC-BB stock, notched a record volume as more than 1.5 million shares changed hands and the stock price nearly doubled to 20 U.S. cents.
Interestingly, while an Oct. 13 SEC filing indicates that Entourage issued a news release on Oct. 5 regarding the private placement of 1.27 million units, Stockwatch's database does not contain a copy of that release, nor can it be found on other financial sites such as Yahoo! Finance or the OTC-BB website.
In marked contrast to the quiet Oct. 5 financing, the private placement that finally closed on Nov. 18 was the subject of a number of news releases that were closely watched by CMKM's dwindling but still vocal band of cult-like followers as well as shell-shocked investors stuck in Mr. Casavant's revoked pink sheet promotion, some of whom have reluctantly come to the conclusion that the wild cultish fantasies accomplished little other than lighten their bank accounts.
On Oct. 10, just five days after closing the quiet offshore financing, Entourage announced that it was in negotiations to issue seven million units priced at 15 U.S. cents per unit to raise $1.05-million (U.S.).
On Oct. 20, the Entourage issued a news release disclosing that it had entered into three Saskatchewan property agreements in which CMKM figured rather prominently, hence the interest from CMKM's cult-like Internet followers.
Entourage noted that the property agreements were contingent upon the company completing the $1.05-million (U.S.) financing by Oct. 28.
When Oct. 28 rolled around, Entourage reported that it had received cheques totalling $1.05-million (U.S.) and the financing had been closed in escrow until the cheques cleared.
It was not until Nov. 18 that Entourage disclosed that the cheques-in-the-clearing financing did not work out as planned. Reportedly, one investor did not come up with the cash and Entourage ended up with only $800,000 (U.S.).
With the injection of $800,000 (U.S.), Entourage reportedly now has a less than staggering working capital surplus of approximately $527,000.
Notwithstanding the trimmed financing, Entourage announced that the Saskatchewan property agreements consisting primarily of shares-for-claims would proceed.
As previously reported by Stockwatch, CMKM is supposed to receive a total of 50 million Entourage shares under the terms of three property agreements, only two of which were directly negotiated with Mr. Casavant's dead pink sheet play.
Stockwatch raised a number of questions regarding the Saskatchewan property deals, some of which were at least partially addressed when Entourage filed copies of the agreements with U.S. and Canadian regulators.
In the wake of those filings, Stockwatch raised some further questions about seeming oddities in the agreements, including the status of the purported 1,087 claims covered in the largest of the three deals.
Among other things, some of the issues raised by Stockwatch are further addressed in the notes to Entourage's third quarter financial statements.
The notes
In the largest of the three property deals negotiated with Emerson Koch's numbered Saskatchewan company, Entourage will reportedly receive an 80-per-cent stake in 1,087 claims known as the Smeaton property in exchange for approximately 33.89 million shares.
Under the terms of that agreement, 30 million of those shares will be issued to CMKM and will form part of a planned liquidating distribution of CMKM's assets to its shareholders.
Early on, Stockwatch questioned just why Mr. Koch directed Entourage to issue that wad of shares to CMKM.
According to the Smeaton property agreement filed on Nov. 21, Mr. Koch's apparent largesse was actually a matter of contractual obligation.
The Nov. 21 filing indicates that under the terms of a previous Aug. 1, 2003, Smeaton agreement and purported 2004 amendments with Mr. Casavant's pink sheet dog, Mr. Koch's company was required to give the 30 million Entourage shares to CMKM.
Oddly, as Stockwatch pointed out, the original Aug. 1, 2003, agreement between CMKM and Mr. Koch's company does not contain any provision under which Mr. Koch is obligated to pay CMKM any amount in cash or kind under any circumstance and the purported 2004 amendments to that agreement have never seen the light of day in any public disclosure.
In the notes to its financial statements, Entourage addresses that matter again, claiming that the 30 million shares are being issued to CMKM on the advice of Mr. Koch that they are "intended to settle debts, liabilities or obligations" between his company and Mr. Casavant's dead pink sheet promotion.
The nature of those debts, liabilities or obligations remain a mystery.
In any event, neither the 30 million Entourage shares reportedly earmarked for CMKM nor the remaining 3.89 million shares for Mr. Koch's company have yet been issued.
Stockwatch also raised the issue of the status of the 1,087 claims comprising the Smeaton property, pointing out that hundreds of those claims were set to expire in the absence of filing required technical work reports or a cash deficiency bond with Saskatchewan Industry and Resources.
As reported by Stockwatch, a random sample of 10 of 318 claims that could lapse at the end of October revealed that no assessment work had been filed on any of the sampled claims and cash deficiency bonds had only been submitted for two of those claims.
Evidently Entourage did not have a clue about the exact status of the Smeaton claims when it inked the yet to be consummated deal.
"The company is in the process of determining the exact status of these claims and believes that most, if not all, of the claims have sufficient assessment work performed on them to keep the claims in good standing with the Government of Saskatchewan until January of 2007," Entourage discloses in a note to its financial statements.
The foundation for Entourage's belief that enough assessment work has been performed to maintain the claims in good standing is another mystery.
Entourage further notes that it has "formally requested" Mr. Koch's company "to immediately register its prior work as assessment work on these claims so that it can determine which claims are in good standing, which require further work to maintain in good standing and which (if any) are not in good standing."
It remains to be seen how that will turn out.
Meanwhile, if and when the 30 million shares are issued to CMKM, they will have no voting rights until they are distributed to the company's shareholders.
"Entourage does not know when, if at all, the 30,000,000 shares will be delivered to the CMKM shareholders," the company cautiously advises.
In a second deal, CMKM is assigning Entourage its right under a defaulted agreement to acquire a 50-per-cent interest in four prospective uranium claims known as the Hatchet Lake property owned by Rick Walker's TSX Venture company United Carina Resources Corp. in exchange for 15 million shares.
CMKM reportedly intends to distribute those 15 million shares to its shareholders, too.
As disclosed in the notes to Entourage's financial statements, those 15 million shares have not been issued yet, either. And, once again, Entourage disclaims any knowledge about "when, if at all," those shares will be distributed.
Under the third Saskatchewan property agreement, Entourage will issue five million shares to CMKM in return for a reported 36-per-cent interest in 337 claims known as the Forte property owned by John E. Dhonau's Nevada Minerals Inc., a private company.
CMKM claims that it has already paid Nevada Minerals for that 36-per-cent interest, but the accuracy of that claim cannot be confirmed from the pink sheet company's shoddy public disclosures. Indeed, what is known is that at least as of May 10 CMKM was still on the hook for $2-million (U.S.) to Mr. Dhonau's company.
In any event, the five million Entourage shares under the Forte deal have not yet been issued.
Interestingly, there are no reported strings upon the yet to be issued five million shares that form part of that agreement and Entourage does not offer any disclaimer with respect to the ultimate fate of those shares.
Given CMKM's remarkably dismal record when it comes to meeting its commitments and following through with announced plans, Entourage's notable lack of comments or disclaimer regarding those five million shares may invite questions about whether Mr. Casavant's pink sheet woofer still intends to distribute the full 50 million Entourage shares.
Meanwhile, Entourage's share price, which notched a 52-week high of 70 U.S. cents in the wake of the Oct. 20 announcement of the Saskatchewan deals, has been under some pressure recently.
On Nov. 30, Entourage's stock price dipped as low at 16 U.S. cents before making up some ground in late afternoon trading. Interestingly, according to a Nov. 30 SEC filing, Mr. Kennedy chipped in with some modest support as the price was taking a bit of a beating, acquiring 10,000 shares at 17 cents per share.
Trading was relatively flat on a volume of 160,000 shares as Entourage closed at 21 U.S. cents on Dec. 1.
The saga continues.
Comments regarding this article may be sent to lwebb*stockwatch.com.
(Further 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; June 6, 8, 9, 10, 13, 14, 15, 16, 17, 20, 21, 22, 29 and 30; July 1, 4, 6, 12 and 13; Aug. 2, 5 and 9; Sept. 7, 12, 27 and 30; Oct. 24, 26 and 31; and Nov. 7, 11, 22 and 25, 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 ed19363 on :
"woofer".....gotta love his terminology....hahahahahahahaha
Posted by Doctoall on :
How Sweet It Is
10-17-2005 -- Gordon, Robert P. et al. -- Indictment -- News Release
Five Indicted in Alleged Stock Swindle that Cost Investors More Than
$15 Million
CAMDEN - Two New Jersey men and three others from Florida and New York were charged in a federal Indictment unsealed today with running an intricate stock fraud and money laundering scheme that cost public investors more than $15 million in losses, U.S. Attorney Christopher J. Christie announced.
The five defendants were either arrested today by the FBI or surrendered voluntarily.
The Indictment describes a scheme in which the defendants, along with other unindicted cooperating co-conspirators, used deceptive and manipulative practices in connection with the fraudulent issuance, purchase and re-sale of stock of TeleServices Internet Group Inc. (TSIG) and Phoenix Information Systems, Inc. (Phoenix), from December 1996 through October 2000.
Both companies were publicly traded on the Over the Counter Electronic Bulletin Board System. According to the Indictment, the conspiracy involved the chairman of TSIG and Phoenix, TSIG's former independent auditor, and at least three licensed securities brokers, two of whom resided and worked in New Jersey. Furthermore, three co-conspirators who were not charged in the Indictment include a securities attorney from Denver, Colo., a New Jersey securities broker who formerly owned the brokerage firm of DiMedio Kirchhoff & Co., and a Canadian securities broker employed at Union Securities in Vancouver, British Columbia, Canada.
Charged in the Indictment unsealed in U.S. District Court in Camden were:
• Robert P. Gordon, 55, of St. Petersburg, Fla., the major shareholder of TSIG and the company's CEO, CFO, chairman and director. Gordon was also the founder and chairman of Phoenix;
• Joseph F. Morgan, 50, of St. Pete Beach, Fla., who served as TSIG's independent auditor during the late 1990's, and later purportedly performed capital raising and promotion activities for the company;
• Bernard Deutsch, 71, of Brooklyn, N.Y., who was the president and chairman of an entity called Lexus Partners, Ltd., with offices in Brooklyn. Deutsch also controlled two entities called Basic Investments, Ltd. and IRA Group, Inc., both with offices in Brooklyn. Deutsch, too, purportedly performed capital raising and promotion activities for TSIG;
• Thomas S. King, 47, of Cherry Hill, N.J., who was licensed to sell securities by the National Association of Securities Dealers (NASD). King was the broker on a stock brokerage account owned by Gordon and maintained at DiMedio Kirchhoff & Co., Inc. That account was in the name Visitors Services International Corp., which changed its name to TSIG in 1999.
• Robert Pozner, 61, of Ridgewood Park, N.J., who was licensed to sell securities by the NASD. During the time period alleged in the Indictment, Pozner was employed at various securities brokerage firms, including Investors Associates, Inc. and Glen Michael Financial, Inc., both New Jersey brokerage firms.
Pozner and King, along with their attorneys, surrendered to Special Agents of the FBI's Atlantic City Resident Agency today. Both defendants were arraigned on the Indictment today before U.S. Magistrate Joel B. Rosen, in Camden. Judge Rosen release both on $250,000 secured bond. King was released with electronic monitoring. Deutsch was arrested early today in New York by Special Agent of the FBI and was to have an initial appearance before U.S. Magistrate Mark Falk, in Newark today. Morgan and Gordon were arrested today by members of the FBI in Florida and are expected to have an initial appearance tomorrow, October 18, in federal court in the Middle District of Florida.
The Indictment alleges that the defendants, with the assistance of other insiders, were able to secretly gain control of nearly 100 million free-trading shares of TSIG stock and sold those shares in the public marketplace to unsuspecting investors. In the end, the defendants and co-conspirators received millions of dollars, leaving unsuspecting investors with worthless or near worthless stock.
For instance, several of the defendants allegedly executed fraudulent consulting agreements between TSIG and both domestic and offshore entities, which the defendants secretly controlled. Typically, the offshore entities were located in the Cayman Islands.
The consulting agreements falsely indicated that the entities provided a service to TSIG and in exchange, in lieu of monetary payment, the defendants caused millions of shares of the TSIG stock to be issued in the name of the entities, according to the Indictment. The fraudulent consulting agreements allegedly allowed the defendants to bypass federal securities registration requirements, including, among other things, full and complete disclosure of insider transactions.
The fraudulently received shares were then allegedly laundered through brokerage accounts that were controlled by defendants and maintained in Canada and the United States. Over time, those shares were systematically sold utilizing the services of the co-conspiring licensed securities brokers, who would sustain the stocks per share price through orchestrated transactions using pre-arranged sale and purchase prices. Often, the brokers purchased the TSIG shares for their retail customer portfolios without the customer's authorization. Afterward, the ill-gotten proceeds were often laundered by wire transferring those funds from the brokerage accounts to an attorney trust account located in Denver and then dispersed to the co-conspirators. In total, the co-conspirators received approximately $15 million through their fraud scheme.
The long-term investigation was an effort of the Federal Bureau of Investigation and the Internal Revenue Service, Criminal Investigation Division, along with Assistant U.S. Attorney Thomas S. DiLeonardo.
The defendants are each charged in Count One of the Indictment, which alleges a conspiracy to commit securities and wire fraud. Additionally, Gordon, Morgan, Deutsch and King are charged in Count Two of the Indictment, which alleges a conspiracy to commit money laundering. Each count carries a maximum penalty of 20 years in prison and a fine of $250,000 or twice the aggregate loss to the victims or gain to the defendants.
In determining an actual sentence, the judge to whom the case is assigned would, upon a conviction, consult the U.S. Sentencing Guidelines, which provide appropriate sentencing ranges that take into account the severity and characteristics of the offense, the defendant's criminal history, if any, and other factors. The judge, however, is not bound by those guidelines in determining a sentence.
Parole has been abolished in the federal system. Defendants who are given custodial terms must serve nearly all that time.
Despite Indictment, every defendant is presumed innocent, unless and until found guilty beyond a reasonable doubt, following a trial at which the defendant has all of the trial rights guaranteed by the U.S. Constitution and federal law.
Christie credited Special Agents of the FBI's Atlantic City Resident Agency, under the direction of Special Agent in Charge Leslie Wiser, Jr. in Newark, the IRS Criminal Investigation Division, under the direction of Special Agent in Charge Patricia J. Haynes, and the National Association of Securities Dealers, Washington, D.C., with the investigation leading to the Indictment.
The Government is represented by Assistant U.S. Attorney Thomas S. DiLeonardo of the Criminal Division in Camden.
- end -
Defense Attorneys:
Pozner - Miranda Fritz, Esq. New York City
King - Robert Stahl, Esq. Westfield
Posted by legaleagle on :
WALLACE IS ALIVE AND WELL AND LIVING AT PB32/66.
YOU'LL BE HAPPY TO KNOW HE IS ALREADY POKING ME WITH A STICK FOR MY POST TO UP. LOL
Posted by bill1352 on :
"The Indictment alleges that the defendants, with the assistance of other insiders, were able to secretly gain control of nearly 100 million free-trading shares of TSIG stock and sold those shares in the public marketplace to unsuspecting investors. In the end, the defendants and co-conspirators received millions of dollars, leaving unsuspecting investors with worthless or near worthless stock.
For instance, several of the defendants allegedly executed fraudulent consulting agreements between TSIG and both domestic and offshore entities, which the defendants secretly controlled. Typically, the offshore entities were located in the Cayman Islands.
The consulting agreements falsely indicated that the entities provided a service to TSIG and in exchange, in lieu of monetary payment, the defendants caused millions of shares of the TSIG stock to be issued in the name of the entities, according to the Indictment. The fraudulent consulting agreements allegedly allowed the defendants to bypass federal securities registration requirements, including, among other things, full and complete disclosure of insider transactions."
anyone read this & have the long list of companies that got CMKX shares come to mind? also note that lee webb found that some of the entourage deals came from switzerland. a nice place for UC to transfer money to. if the deals were paid by banks in switzerland it would look like thats where the person buying the shares was from. back door deals. we know why koch has to give cmkx those shares, the millions he got in cmkx shares. if those claims aren't in the shape koch says they are cmkx wont be getting 30 million shares & the r/s into entourage grew greatly.
Posted by Upside on :
quote:Originally posted by legaleagle: Well UP, I could be rude, obnoxious and self-agrandizing if you like.
Please.
Posted by RiescoDiQui on :
quote:Originally posted by Upside:
quote:Originally posted by legaleagle: Well UP, I could be rude, obnoxious and self-agrandizing if you like.
Please.
$hit, honest and realistic would be asking too much I guess.
Posted by Hammer on :
quote:Originally posted by legaleagle: WALLACE IS ALIVE AND WELL AND LIVING AT PB32/66.
YOU'LL BE HAPPY TO KNOW HE IS ALREADY POKING ME WITH A STICK FOR MY POST TO UP. LOL
I saw him over on DWB using the ID "Riches" with a burning $$$$ bill.
Posted by ed19363 on :
quote:Originally posted by bill1352: "The Indictment alleges that the defendants, with the assistance of other insiders, were able to secretly gain control of nearly 100 million free-trading shares of TSIG stock and sold those shares in the public marketplace to unsuspecting investors. In the end, the defendants and co-conspirators received millions of dollars, leaving unsuspecting investors with worthless or near worthless stock.
For instance, several of the defendants allegedly executed fraudulent consulting agreements between TSIG and both domestic and offshore entities, which the defendants secretly controlled. Typically, the offshore entities were located in the Cayman Islands.
The consulting agreements falsely indicated that the entities provided a service to TSIG and in exchange, in lieu of monetary payment, the defendants caused millions of shares of the TSIG stock to be issued in the name of the entities, according to the Indictment. The fraudulent consulting agreements allegedly allowed the defendants to bypass federal securities registration requirements, including, among other things, full and complete disclosure of insider transactions."
anyone read this & have the long list of companies that got CMKX shares come to mind? also note that lee webb found that some of the entourage deals came from switzerland. a nice place for UC to transfer money to. if the deals were paid by banks in switzerland it would look like thats where the person buying the shares was from. back door deals. we know why koch has to give cmkx those shares, the millions he got in cmkx shares. if those claims aren't in the shape koch says they are cmkx wont be getting 30 million shares & the r/s into entourage grew greatly.
That's what I dont understand, Bill. How come they havent arrested UC yet? Sounds like the exact same thing to me. If we are never to see any of the money, it sure would be comforting to see the SOB spend some jail time.
Posted by bill1352 on :
"The long-term investigation was an effort of the Federal Bureau of Investigation and the Internal Revenue Service, Criminal Investigation Division, along with Assistant U.S. Attorney Thomas S. DiLeonardo"
ya still might Ed. this stuff happened in 99 & 2000. they just revoked cmkx. it might be a few more yrs. he11 UC might be dead by the time they get ready to bring charges.
Posted by bill1352 on :
hey Hammer, was Wallace rambling with dementia like he did here??? the old coot was have troubles putting complete sentences together the last few months....lol
Posted by netra on :
Posted by bill1352 on :
that second sentence from netra's post....our information INDICATES that UC & others may have advanced themselves undetermined amount of money without adequate explaination or documentation. this is from the second auditor & as they cant say it was wrong they can say there is proof something happened. Sarbanes-Oakley has nothing to do with it except in filings. since cmkx never filed they figured it was OK or their tracks were covered. it doesn't mean it was legal. think Tyco & Adelphia. as Koch got a large number of shares it could be why the 2004 change in the claim agreement & why he never defaulted or pulled cmkx off the claims. Entourage may just be a patsey in this as most of the claims are about to lapse and since no work was done it would take a large amount of money to keep them. UC sets entourage up by buying a bunch of shares from a company in serious need of cash early in the yr. only gives them a few hunderd K, nothing compared to the millions he got selling cmkx shares. koch gives entourage shares so UC can give them to cmkx shareholders hoping to shut them up. UC has money someplace, he is still paying Stocklien so he may have to pay to keep those claims good. as legal says...more info will come out.
Posted by Ric on :
Things are sure boring around here without Wallace getting under legals skin, lol. This doesn't even break up the boredom of myself sitting around at the hospital all day. Then too legal has the new private club of koolaid drinkers on 57 to help keep his delusions alive. Come on legal, you need to post something outragious like CMKX being worth something so you can keep me entertained while I am stuck here. Posted by Highwaychild on :
Hope everything is going allright with her.
Oh, "Shakeman" is around Ric. He's "Wallaceno1" on 66 now, LOL! He's over there talking about Will and minions or something with some old names from here... LOL.Funny stuff... now only if JBkat get's in on it...
Posted by Ric on :
Well, that sucks. The hospitals network doesn't allow PB access, Can't check it out, lol. Like to see what kind of trouble he is getting into over there. Posted by legaleagle on :
He remembered his friends, but ohterwise being his same old modest self:
Re: MORE FUN THAN ALLSTOCKS « Reply #2 on Today at 10:45am »
-------------------------------------------------------------------------------- Wallace is on 32 now?? Allstocks turned into a basher board thanks to the efforts of folks like Wallace and his buddy Will. I guess he'll feel right at home with alot of the folks on 32. lol « Last Edit: Today at 10:51am by spoal » Logged
wallaceno1 Diamond Hunter
member is online
Joined: Dec 2005 Posts: 30 Karma: 0 [ Exalt | Smite ] Re: MORE FUN THAN ALLSTOCKS « Reply #3 on Today at 10:57am »
-------------------------------------------------------------------------------- Awww! You folks are just being too nice! Should I ask a few of my friends like Will, Upside, bill1352, ed, Dustoff and others over to keep us all company....just to add a few lines for the dedicated CMKXers? I know WorkAHolic and noahltl might show some improvement in their approaches to buying stocks that perform such as has CMKX. It would be like seeing the many rays sunlight again for so many of the still faithful cult members. They could come out of the darkness forever, given half a chance! LOL What fun we would all have!!!
PS: gluggo, give it time and you will surely recognize the name Wallace! LOL
Wallace#1
Posted by legaleagle on :
I had the strangest mental image from Wallace's post.
It was an image of a wild west saloon and a new gun slinger throwing open the swinging doors and shouting "OK boys I'm the quickest draw and I plan on provin' it here."
The funny part was that the "gunslinger" looked like Gabby Hayes.
Posted by netra on :
Joined: Apr 2005 Posts: 2,078 Karma: 42 Breakdown on who received the 778 Billion Shares. « Thread Started on Today at 8:22am »
Starting as of 12/31/2004 .......
This list shows who received the 778 Billion Shares.
Shares issued to:
Balance 12/31/2004
Casavant Family Urban Casavant Casavant Family Bill Dwyer Eric Reid Margaret Reid
Koch Family 101047025 Sask Ltd. Emerson Koch Emerson Koch Koch Family
John Dhonau Nevada Minerals ~ Retired Nevada Minerals
CMKX Accountant Business Works, Inc.
CMKX Employees Ginger Guiterrez Part Time Management
Casavant Friends Jeff Arend Tony Bartone Anita Cohen Connie Cohen Jim Dunn John Dunn Mark Dunn Peter Dunn Wallace Giebelhaus Dave Gutka Gutka Family Grant Hodgins James Kenney James Kinney Kinney Family Mazzei Family Vince Mazzei Allan Moen Moen Family
Balance
_
_ NV Canada Canada Canada Canada
_ Canada NV Canada Canada
_ NV NV
_ NV
_ NV NV
_ UT CA NV CT CA CA CA Canada NV Canada Canada Canada NV NV NV Canada Canada Canada Canada
quote:Originally posted by legaleagle: I had the strangest mental image from Wallace's post.
It was an image of a wild west saloon and a new gun slinger throwing open the swinging doors and shouting "OK boys I'm the quickest draw and I plan on provin' it here."
The funny part was that the "gunslinger" looked like Gabby Hayes.
----------------------------------------------- I wouldn't mess with Wallace, *heard he pulled the brain right out of low life pumpers head and then served it to the poor souls stock broker for lunch..He was not charged with a crime, however was awarded the legion of Merit for cleaning up a hazardous waste site..
Posted by netra on :
quote:Originally posted by Dustoff101:
quote:Originally posted by legaleagle: I had the strangest mental image from Wallace's post.
It was an image of a wild west saloon and a new gun slinger throwing open the swinging doors and shouting "OK boys I'm the quickest draw and I plan on provin' it here."
The funny part was that the "gunslinger" looked like Gabby Hayes.
----------------------------------------------- I wouldn't mess with Wallace, *heard he pulled the brain right out of low life pumpers head and then served it to the poor souls stock broker for lunch..He was not charged with a crime, however was awarded the legion of Merit for cleaning up a hazardous waste site..
What else can leagenoahatl do? The stock he pumped for so long is a scam and he's exposed for being a clueless joker.... now he's a just clown for us to sit back and laugh at.. Posted by netra on :
The return of wallace!
It looks like pro32/66 has been dekoolaided and a new mod has been put in place that is negative on cmkx as well as the mod that resigned.
Joined: Dec 2005 Posts: 33 Karma: 1 Re: MORE FUN THAN ALLSTOCKS « Reply #16 on Today at 4:49pm » Brain Damage,
You wrote: "What really does not work here, but is evidently par for the course on other boards, is put-downs and personal snipes at other members. Those'll get you a vacation muy pronto. -BD"
Looks like no one has been reading WorkAHolic's or noahltl's posts, huh? Shame! LOL
Posted by GatorMan on :
Press Release Source: Entourage Mining Ltd.
Entourage Mining Terminates Forte Diamond Property Agreement Monday December 5, 8:30 am ET
VANCOUVER, British Columbia, Dec. 5, 2005 (PRIMEZONE) -- Entourage Mining Ltd. (the ``Company'') (OTC BB:ETGMF.OB - News) wishes to announce that the Company has made the decision to terminate its agreement with CMKM Diamonds, Inc. and Nevada Minerals, Inc. dated October 20, 2005, whereby the Company was to acquire an interest in the Forte Diamond Property in Saskatchewan in exchange for the issuance of 5,000,000 of its common shares. The Agreement was first announced on October 20, 2005.
The Company decided to terminate the Agreement in part because it appeared, after due diligence, that it was not possible for other parties to the Agreement to perform their obligations under its terms. The Agreement is also being terminated in part because of the financial burden (as much as Cdn $400,000) that it appeared the Company would have to spend to maintain the claims comprising the Forte Diamond Property and the likelihood that other interest holders in the Forte Property did not have the financial resources to make similar expenditures.
ON BEHALF OF THE BOARD OF DIRECTORS
"Paul Shatzko" Paul Shatzko, Director
ADVERTISEMENT
Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release may be forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, which may cause Entourage Mining Ltd.'s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, volatility of commodity prices, product demand, market competition, and risks inherent in Entourage Mining Ltd.'s operations. These and other risks are described in the Company's Annual Report on Form 20-F and other filings with the Securities and Exchange Commission.
Contact: Entourage Mining Ltd. Craig Doctor (604) 278-4656 craig*entouragemining.com
-------------------------------------------------------------------------------- Source: Entourage Mining Ltd.
Posted by netra on :
And there you have it, scam is over.
Posted by Ric on :
The clueless koolaid drinkers that can not comprend that they were scammed are already putting a spin on this. It is getting harder to beleive every day that these people really can't see this for the truth. I reallly find it that hard to believe that there is so many naive people. But I guess if there wasn't then the scam artist could never get away with this.
Posted by Dustoff101 on :
God Almighty! is Wallace the only one that can bust the Kool-aide jug?
Geezzz, idiots, that still pump this thing..
Hard drives tell the story.
Posted by bill1352 on :
when its all said & done the only agreement left will be the United Carina agreement. it was their claim from the start & they ran it beginning to now, at least since they took the claim. it was looked at & passed over a few times before that by other companies.
Posted by bill1352 on :
oh ya, that was 15 million shares. divide that by 703.5 billion minus the few billion UC still has. the calculate on my comupter says it wont go that low....lol
Posted by Hammer on :
Is this thread dying!!!
Posted by will on :
I hope so. Used to be good entertainment, now it's just crap.
Posted by Ric on :
Yeah it is. Legal has secluded himself to the super secret decoder ring cult on 57. They make Fantasia seem like a real place. I think they grind wild mushrooms into their koolaid over there.
I guess we need Purlgirl to post some of her pictures to get it going again, lol.
Posted by Highwaychild on :
Well I never heard if Upside went to jail on Thanksgiving( unlike other law enforced holidays) . Guess not, seen he posted a few times since then, so I guess he made it through unscathed. Wich is more than I can say for Green Bay this week. Posted by Upside on :
quote:Originally posted by Highwaychild: Well I never heard if Upside went to jail on Thanksgiving. Seen he posted a few times since then, so I guess he made it through unscathed. Wich is more than I can say for Green Bay this week.
Or most any other week for that matter.
Posted by Highwaychild on :
At the begining of the pre-season what mag. said the Bears would only win 2 games this year? And is Urban the CEO of that publication?LOL!
Posted by Doctoall on :
quote:Originally posted by Highwaychild: At the begining of the pre-season what mag. said the Bears would only win 2 games this year? And is Urban the CEO of that publication?LOL!
Was that Bears or Bares Posted by Highwaychild on :
What do you have Legal? Anything on your mind?
Posted by Upside on :
I can handle the Packers having an off season but seeing the Bears atop the division just kills me. I want their plane to go down on their way to Pittsburgh this weekend.
Posted by Highwaychild on :
That's just harsh. Unsportsman like conduct! On Upside...10 yards, forth down!
8 in a row. And if they didn't throw nickels around like manhole covers they'd probably be up a game more than they are now.
Posted by Doctoall on :
quote:Originally posted by Upside: I can handle the Packers having an off season but seeing the Bears atop the division just kills me. I want their plane to go down on their way to Pittsburgh this weekend.
Their plane will arrive safely, but then they go down at Heinz Posted by Upside on :
quote:Originally posted by Doctoall:
quote:Originally posted by Upside: I can handle the Packers having an off season but seeing the Bears atop the division just kills me. I want their plane to go down on their way to Pittsburgh this weekend.
Their plane will arrive safely, but then they go down at Heinz
Think so Doc?
Posted by Doctoall on :
quote:Originally posted by Upside:
quote:Originally posted by Doctoall:
quote:Originally posted by Upside: I can handle the Packers having an off season but seeing the Bears atop the division just kills me. I want their plane to go down on their way to Pittsburgh this weekend.
Their plane will arrive safely, but then they go down at Heinz
Think so Doc?
I will be at that game, watching my fav player #34 Steelers Posted by Upside on :
Ok Doc, on your word I'll bet against the Bears.
Posted by Ric on :
quote:Originally posted by Upside: Ok Doc, on your word I'll bet against the Bears.
Go for it, Steelers win this one I have it on the best of wisdom Posted by Highwaychild on :
Score'll probably be 2-3.LOL!
Posted by Upside on :
quote:Originally posted by Doctoall:
quote:Originally posted by Upside: Ok Doc, on your word I'll bet against the Bears.
Go for it, Steelers win this one I have it on the best of wisdom
Ok boss.
Posted by Highwaychild on :
Ric, too funny. With the fish and all...LOL! But it looked to be pokin' fun of my man Willy... there was one guy there that looked way too much like Willy Nelson.LOL!
Posted by Doctoall on :
quote:Originally posted by Highwaychild: Ric, too funny. With the fish and all...LOL! But it looked to be pokin' fun of my man Willy... there was one guy there that looked way too much like Willy Nelson.LOL!
I agree "leave Willy alone" "Free Willy" Posted by Ric on :
lol
Posted by legaleagle on :
Sorry I haven't been around much folks, been busy with receiving and posting the files of Bud Burrell, one of the leaders in the fight against NS. I'd link you to them, but that still isn't allowed here and it's too much hassle to play the "spaces" game. But it's hitting all the other boards.
Sorry nothing controversial except:
GO COLTS
Posted by Hammer on :
quote:Originally posted by Ric: White Trash Christmas
Hey, look at this! It is really a kick.
Posted by bill1352 on :
well green bay has an easy 1 this week. its sad when your team is not the Favorite against a 2- 10 team & you're 6 point dogs & you have a better record
Posted by netra on :
zeninvestor32 Diamond Guru Emeritus ****** member is offline
Joined: May 2005 Posts: 682 Karma: 0 MY LAST WILL AND TESTAMENT « Thread Started on Yesterday at 2:44pm » In case you haven’t noticed, at the current OS of 703B shares, an equitable distribution of the 45M Entourage shares (original 50M minus the canceled 5M) would entitle each shareholder to 1 share of Entourage for every 15, 620 shares. This is effectively a 15,620:1 reverse split. I find it so interesting that for the $34k I laid out for my shares, I will receive a whopping 4800 shares of Entourage valued at .22, or about $1k. Just for the record, prior to revocation, I could have sold my cmkx for $7500 and bought 35k shares of Entourage. But thankfully, I showed loyalty and faith in management and that has been rewarded with KY Jelly and yet another practically worthless, restricted dividend showing an immediate loss of 97% on my money. And this took 18 months to “resolve”???? All I can say is that when the class action lawsuit against UC and others is filed, I’ll be among the first to sign up. The only word that can sum up my feelings at this point is “disgust”. While there is still hope that this was all a sting masterminded by Maheu, I no longer can buy it. I’ve just been beaten senseless by logic and empirical data that suggests otherwise.
Accordingly, I am departing the world of message boards permanently. The strain of 18 months that this stock has place on my life could never be worth it no matter HOW MUCH money anyone makes on this stock. I have wasted 18 months of my life on this cesspool of a security and I will not waste another day. My life is FAR more valuable than the torture that CMKX and its incompetent officers, directors, JVs and other associated entities have put me through. NOTHING, absolutely NOTHING is worth this insanity.
LAST WILL AND TESTAMENT
TO URBAN CASAVANT, I leave a fingernail because even my lifeless, fingernail shaving has more common sense, more integrity, more responsibility, and more courage than your humpty pumpty, gutless performance in this lifetime.
TO BOB MAHEU, I leave my testicles because you’ve already had them in a vice for the past year and have kept turning and turning no matter how painful or unbearable it has been. So I am asking that you just cut them off and keep them rather than continuing to torment me in unspeakable ways.
TO THE BASHERS, I leave you a slug. After all, everyone needs something to aspire to.
TO THE PUMPERS SUCH AS JAY ADOBE, I leave you a prescription for lithium, known to treat bipolar, manic episodes and whatever else may be causing your delusional states.
TO THE SHORTS, I leave you bronzing lotion to help develop a deep, dark tan during your eternity in H ell.
TO THOSE THAT HAVE WISHED ME WELL OVER THE PAST 18 MONTHS, I leave my sincere thanks and gratitude and my deepest wishes that this resolves itself positively for all of us.
Signed: Zeninvestor32
Good luck to those that continue to fight the fight. After 18 months of ruthless savagery, I refuse to waste one more second on cmkx. This has been one of the saddest, most pathetic episodes in our financial markets and more importantly, in our markets’ regulatory bodies. I am truly 100% disgusted at the way I have been treated. Cockroaches don’t even deserve the indignity that I and fellow shareholders have suffered. To anyone and everyone that has stuck it to us shareholders, you are forever a sworn enemy. I will attend Urban’s trial and will only break a smile if the verdict is a mandatory 20 years without parole. I still have hope but it’s only a sliver at this point. There are good people in this stock. What has been done to them is shameful and nauseating.
Posted by will on :
"I find it so interesting that for the $34k I laid out for my shares, I will receive a whopping 4800 shares of Entourage valued at .22, or about $1k."
LOL
Good bye Zen, take your fingernail and your nasty little testicles with you. Urban and Mahue already have what they wanted from you, your $34K.
Posted by ed19363 on :
Okay, can we now close this thread and let everyone rest?? I'm with zen, the only difference is that it didnt take as long to wake up. Peace !!
Posted by Doctoall on :
So today Fed Ex delivers a pink and ivory piece of paper to me. And guess what it's the CMKX certificate. It looks very nice hanging over the toilet Posted by ed19363 on :
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