posted June 02, 2004 21:38              

quote:

---

Originally posted by gunner08:
A ? 4 the pros

lets say that U C owns all the share and never issued any.

He has all the shares on the market in his office.

That would mean we are the float and the short shares. He comes back offers a $1 + buyout and a dividen.

In reality he doesnt have to spend 1 cent in doing this.

What would this mean to us?

---

I read here lately so many post about 1.dollar are you folk's all nuts?? or it is some kind of trand here post buyout at 1.00. I would lowe to sell my big bag for 1.00, that would never happ, and that's not bashing becose I don't bash any stock, but that,never ever gonna happ. Give me anybody exampl. any pink sheet stock ,that happ, such buyout....I don't think you will give me one. the resonable price and that is the top is .10 everything else is pure pump without fact a 1.00???? good night to all tommor. gonna be interesting I finnaly have level 2 for pink coooool. .......out

posted June 02, 2004 21:42            

It might be true that UC has a plan to put a hurt on the MMs and making a lot of individual investors wealthy. He could just as easily be lining his pockets. This stock could also see a legitimate run just like QBID did, from .0001 to 3 cents, still making some millionares and wealthy people.

Just be careful with all of the stuff floating around the message boards right now. A lot of times rumors are founded on some kind of truth, but many people are just floating on cloud 9 while dreaming about their riches. There is still a chance it can happen, just don't expect it to happen quickly, and IMO, wait until it gets close to .001 and sell just enough to regain your principal, then let the rest ride, that way you aren't out hardly anything.

posted June 02, 2004 21:45            

From what I understand, whoever is short has to pay it or cover their short before the date.

In this example, I think it would be a frenzy with the MM's trying to cover.

I think this is what we are seeing now.

If you put a sell order in tomorrow for .0002 and I put a buy order in for .0003 I think each of us would end up doing business with the MM's, NOT each other. I think this is how they are covering some of the shorts now.

I further think that it MAY take something like what you are asking about to get the price to move very far out of this range.

Do you know of anyone that bought at .0002 today? Do you know of anyone that sold at .0003 today? I do not. I know some that sold at .0002 and bought at .0003 today. Who took the other side of those trades? MM's.

Paul

quote:

---

Originally posted by gunner08:
A ? 4 the pros

lets say that U C owns all the share and never issued any.

He has all the shares on the market in his office.

That would mean we are the float and the short shares. He comes back offers a $1 + buyout and a dividen.

In reality he doesnt have to spend 1 cent in doing this.

What would this mean to us?

---

posted June 02, 2004 22:03            

quote:

---

Originally posted by PAUL:
I am NO pro. I will try though.

Do you know of anyone that bought at .0002 today? Do you know of anyone that sold at .0003 today? I do not. I know some that sold at .0002 and bought at .0003 today. Who took the other side of those trades? MM's

---

posted June 02, 2004 23:40            

quote:

---

LOL, I remember someone saying they would eat a crow if this stock ever ran.
Have not seen him around here in a while.

---

Derek,
That was me and if you look back a page, I'm soliciting crow recipes. Got a good one to suggest?

posted June 03, 2004 03:35            

quote:

---

Originally posted by emunahstock:
Funny how people cursed this stock, I am already up thousands and thousands of dollors. GO CMKX!
Get in before its too late!
Someone bought yesterday at .0002, it took them till 3PM to get in. .0002 will soon be history!

---

yes it is funny. ... I agree 100%. I have 51 million shares of CMKX since 0.0001. Those that curse CMKX should just get in and SHUT UP. IT"S A SUB PENNY STOCK AND IT"S LISTED ON THE PINKS SO SHUT UP AND ENJOY THE RIDE WHILE YOU CAN. WE WILL NEVER SEE 0.0001 and 0.0002 AGAIN

posted June 03, 2004 06:35            

quote:

---

Originally posted by fjean:
yes it is funny. ... I agree 100%. I have 51 million shares of CMKX since 0.0001. Those that curse CMKX should just get in and SHUT UP. IT"S A SUB PENNY STOCK AND IT"S LISTED ON THE PINKS SO SHUT UP AND ENJOY THE RIDE WHILE YOU CAN. WE WILL NEVER SEE 0.0001 and 0.0002 AGAIN

---

It's funny to see you post - "I have 51 million shares of CMKX since 0.0001." I love to see .0001 as the past! "Listen up, grandkids...When I was a boy, you could actually buy CMKX for 1/10,000 of a dollar..." " Whooooaaaa..."

I actually bought 5 million by accident, then just decided eh, what the he||... Now it's as exciting as when QBID first started her climb from the depths. There were pages of threads all saying "Did your sell go in at .0002? This is just a quick play. I sold mine at .0004. Doubled my money in 2 days! If this ever sees .001... And on and on. A few short weeks later they realized almost 3 hundred times their money!!! That's 30,000%!

I even enjoy all the crazy projection possibilities some of you guys concoct. Who cares if they're astronomical, it's fun to dream for a while. Glad to be a part of the team.

posted June 03, 2004 09:34            

CMKM Diamonds, Inc. Announces the Cancellation of the MRDR Transaction, Internal

Audit and Move to New
Transfer Agent

Business Editors

LAS VEGAS--(BUSINESS WIRE)--June 3, 2004--CMKM Diamonds, Inc.
(Pink Sheets:CMKX), The Board of Directors announces that due to the
encouraging results in Saskatchewan, the Company has decided to
concentrate all its resources on diamond drilling at this time, and
therefore has aborted the pending Mirador (MRDR) previously proposed
project.
Further the Board has notified the present Transfer Agent, 1st
Global Stock Transfer to do a full and complete audit of the company
and/or will have an independent auditor audit the company and as soon
as that audit is complete the Company has retained Pacific Stock
Transfer, Inc., to become the new Transfer Agent for CMKM Diamonds,
Inc.

Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: The statements, other than the statements of
historical facts, may be deemed to contain forward-looking statements
with respect to events, the occurrence of which involves risks and
uncertainties, including, without limitation, demand and competition
for the Company's products and services, the availability to the
Company of adequate financing to support its anticipated activities,
the ability of the Company to generate cash flow from operations and
the ability of the Company to manage its operations.

--30--AR/se*

CONTACT: CMKM Diamonds, Inc.
Melvin O'Neil, 306-752-3755 or 877-752-3755
fax: 306-752-3754
ipr@sasktel.net

KEYWORD: NEVADA INTERNATIONAL CANADA
INDUSTRY KEYWORD: MINING/METALS ENVIRONMENT MANUFACTURING
SOURCE: CMKM Diamonds, Inc.

Customize your Business Wire news & multimedia to match your needs.
Get breaking news from companies and organizations worldwide.
Logon for FREE today at www.BusinessWire.com.

posted June 03, 2004 09:45            

My broker says I can't buy this stock (Scottrade) & other brokerage firms told me if I opened an account with them they couldn't do it either. Who is executing your trades?

posted June 03, 2004 09:51            

quote:

---

Originally posted by whizknock:
Message to all!

My broker says I can't buy this stock (Scottrade) & other brokerage firms told me if I opened an account with them they couldn't do it either. Who is executing your trades?

---

posted June 03, 2004 09:53            

quote:

---

Originally posted by whizknock:
Message to all!

My broker says I can't buy this stock (Scottrade) & other brokerage firms told me if I opened an account with them they couldn't do it either. Who is executing your trades?

---

posted June 03, 2004 09:55            

Bid

14@.0001

ASK

posted June 03, 2004 10:36            

quote:

---

Originally posted by VNGNTN1:
LEARDON
I have read all that information. ABOSLUTELY no way to confirm, so I take it as another pump for new buyers. As I posted yesterday we need a consistent flow of verifiable PR.
Actually any PR that actually happens would be good.
I also notice people are referring to sites an calling it DD, when it is nothing more than rumor sources. Once again this is a good example for investor to not be emotional and actually be logical.

VAN

---

posted June 03, 2004 10:39            

quote:

---

Originally posted by Leardron:
I agree that it's not "Miller Time" yet but it is definitely a step in the right direction. I think everybody will be holding their breath wait for what the results are from the audit. I almost think that will be bigger than if they have diamonds or not.

---

How are you reading the "audit" ?

posted June 03, 2004 10:53            

QBID also said they need audit to figure out how many O/S they have.

Is it normal for PK companies to not know about their O/S without an audit?

quote:

---

Originally posted by VNGNTN1:
JUST SOME THOUGHTS & QUESTIONS
1-Why doesn't a company know how many authorized share they have?
2-Why don't they so state?
3-Why ask your transfer agent to do this in an audit?
4-Won't this PR simply extend several weeks the share issue.
5-A SIMPLE STATEMENT BY UC supported by an audited financial statement would clearup everything, rather they choose to "manipulate".

---

posted June 03, 2004 10:59            

I see two things from this, QBID is probably planning on staying on the Pink Sheets and CMKX is not. I still say this is the first step in moving off the pinks or going private. In any event, everyone's questions should be answered after the audit so why get upset about it. I will be more curious why QBID is not doing this than why CMKX is. Seems CMKX cares more about it's share holders.

posted June 03, 2004 11:06            

15@.0001

ASK

11@.0003
2@.0004

quote:

---

Originally posted by Leardron:
Anyone have the current level IIs?

---

posted June 03, 2004 11:06            

It seems CMKX is making the right moves now... where is 0.0004? Today? Tomorrow? Why not just skip right to 0.001? It's going to happen anyway, why wait? LOL

posted June 03, 2004 11:12            

He was thinking the audit should take about a week to complete.

He is very frustrated about the MM's also.

We discussed how in the PINK area. The MM's can pretty much do what they want. Even if GREAT news comes about the find. It only moves the price if the MM's want the price moved. They can keep shorting as much as they want. It will take something other than just good news regarding a find to move the price. The only thing I know of is a dividend.

I think we may even see a PR regarding the information from the audit this month.

If the price moves very much out of this range before shorts are covered I think it will be pure manipulation.

We need to get the audit information. Find out where we are. Issue a dividend to force the shorts to cover. Get off the pink sheets.

I expect some of this to happen this month.

The range we are in right now is great for the MM's that are short to cover. I think they would be wise to do just that. Right now thay can buy at 2/3 their sell price. This allows for some gret covering. If the price moves up prior to the covering then I will be looking for it to come right back down to scare people into selling off, so they can cover more. For them to have the same % spread at higher levels would look too obvious.

.0001 X .0003 MM buy at .0002 sell at .0003

I think the MM's are in a great spot to cover their shorts right now by doing what they have alwas done. Sell short right now at .0003 and then buy back 30% lower.

I do not know when to get out of this. I think it could be a great ride.

PAUL

quote:

---

Originally posted by Leardron:
I am reading the audit as others have speculated on this board and the other boards. It says that the Board of Directors have asked for the audit, not that the SEC has demanded an audit. I think that means that they are getting ready to report their share structure in the near future and possibly go to OTCBB or NASDAQ. Another possibility is what Sterling said. Maybe they are getting ready to go private and want to see what their outstanding shares are at and what kind of buy back they will need to do to go private. Either way I think the audit is a good thing for share holders not a bad thing. In the very least it will give the share holders and exact number of outstanding shares instead of speculation.

---

posted June 03, 2004 11:26            

I think CMKX would do well to hold ANY great news about diamonds until after share structure is in a PR.

If they do not wait, the MM's will probably use it let the PPS pop, sell short at the top and bring it right back down.

Good news about diamonds could be used to fuel a "new" fire after the dust settles and everyone that wants in is in and everyone that wants out is out.

PAul

posted June 03, 2004 13:19            

ASK

10@.0003 NITE
2@.0004

posted June 03, 2004 13:23            

quote:

---

Originally posted by cool1sh:
My 1 month old 0003 sell order filled (for 1 M). Are we going to see 0004 today?
Pharm,
How about yours?

---

posted June 03, 2004 13:28            

quote:

---

Originally posted by rsnws:
L2
Bid
1@.0002 NITE
13@.0001

ASK

10@.0003 NITE
2@.0004

---