posted May 02, 2004 10:55            

I think that Urban is about to take CMKX off the pinks and on to the OTCBB. Then I think he will take CMKX from the OTCBB to the NASDAQ. We thought the reverse merge was to be with UCAD. It could be a reverse merger into a NASDAQ company. Just think, many NASDAQ companies would love to have this type of exposure. This wouldn’t be the first time a pink sheet stock went to the NASDAQ. I just don't see him being in a position to attract this much national exposure and still remain on the pink sheets.

“All they have to do” is to first get their share structure and financials pushed through their lawyers and on to the SEC. If properly coordinated, this could happen quickly. I believe this is something that CMKX have been working on all along.

This also could be why the SEC has not halted CMKX after being reported and inspected. The SEC has been aware of what has been in the works for a very long time now as I tried to inform others to remain patient. I think many can now see that this is bigger than what many have already expected.

CMKX is aware that major investors are waiting in the wings for them to move to the next levels of trading on the OTCBB to prove their seriousness. As for those who will be selling anywhere before a penny, there will be new investors continuously waiting in the wings to snatch those shares up. I believe that CMKX will establish a new base of shareholders on every dip once the runs begin.

I believe that CMKX already have those major investors and institutions already lined up. It should not be hard for others to see the same in my opinion with all of the connections that have already been made public. There is much more that have not been made public in my opinion. There are many that would welcome buying CMKX at a premium after CMKX further validate their presence of significance.

This news below should be enough to understand how the networking of key connections is just now beginning: http://www.racingwest.com/news/story.php3/8679/index.htm

I say "All they have to do" because I believe that CMKX is aware of this and have all of the paperwork done and is just waiting to place the share structure to the filings. I don’t think that Urban wants this to be trading at .0001 cent and not moving while receiving all of this national exposure.

Urban has to be aware that it would spook major investors if they don’t allow for CMKX to begin moving. I’m sure he has already placed timelines for movement to fall in line with key events. We are nearing those times. I think that he wants CMKX on the OTCBB before this major publicity campaign starts. This would mean that we should see a quick announcement of CMKX returning back to the OTCBB with the announcement of the share structure being filed with the SEC.

Even still, there are many CMKX affiliates that are not even aware of the trading aspect of CMKX as like many of us. This is how Urban wants it in my opinion. It’s not that he is hiding it from them. He is keeping business and trading separate from some while combined for other business partners.

As for the share structure, there are so many thoughts that I think we are very near to where share structure speculation is not essential anymore. I believe that the remedy that we are about to see will put investors minds’ at peace and we will move forward on to other topics of discussions. It’s either you trust Urban at this point or not. I have had enough revealed to feel at peace with my investment into CMKX. Whatever he is doing is a lot larger than any penny stock that I can think of right now. Too many key players have already been made known to be supporters of CMKX’s business plan that it’s only one way up from here and that is up in a very huge way. We all will see.

David Stone recently resigned as president of Kensignton who is in strong affiliation with DeBeers. Who better to add to your Project Surround team than the one who was a major player for growing the Kensington-DeBeers-Cameco joint venture in Fort a la Corne to what it has matured into being. Please read the links below for more details:
From the PR and Newspaper article... http://biz.yahoo.com/bw/040426/265402_1.html http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=2940

I think we will see why it was mentioned that in the Canadian Newspaper article that David stone is moving in a different philosophical direction. It has been mentioned that Urban is no doubt interviewing worldwide notables to fill one of the remaining board of director positions. Imagine what would happen to the continuity of CMKX (& share price) if they add such an individual to their board of director positions, or higher. http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=3163

We probably will be seeing some huge affiliations joining the party after this runs a bit too in the likes of Ford, Dodge, Chevy, Toyota, Nissan, etc. Since CMKX is the primary sponsor of the races that they all are involved, it will become a thing of investing into each other to help each other out. I expect to see some increased networking take place between all of these entities. They are going to no doubt want to buy a position of CMKX and to assist in getting their investment to the major markets too. Again, these connections could have already transpired for CMKX to have been awarded the position to sponsor these major events. http://www.speedtruck.com/

Because of this new found role of sponsorship, CMKX will no doubt now be positioned for bigger and better things.

Now back to the NASDAQ thoughts. A company must move from the pinks to the OTCBB and then to the NASDAQ if I’m not mistaken. There are companies that are trading on the NASDAQ today that are looking for a way to increase their versatility to instill a shot of growth into their stock. What better ways to do this than to allow CMKX to either merge or reverse merge into your business plan?

I’m saying NASDAQ, but I’m really referring to any stock on any of the major markets. Any stock trading on either of the major markets that is in jeopardy of being delisted would no doubt welcome the addition of a diamond exploration company that has diamonds in my opinion.

Even if we reverse merge, I would expect to see something similar as to what happened to the share price of CMKC, now CKEC, which is not related to CMKX although their tickers are similar.

CMKC, formerly CKECQ for those who remember, had come out of its reorganization from bankruptcy in Jan 02 at .19 cents per share as indicated below: http://www.findarticles.com/cf_0/m4PRN/2002_Jan_3/81256049/p1/article.jhtml http://www.findarticles.com/cf_0/m4PRN/2002_Feb_7/82624153/p1/article.jhtml

CMKC went from .19 cents to $1.02 per share from its reorganization from bankruptcy. Then CMKC then soon went to $3.46 per share. Soon afterwards, CMKC went from $3.46 price range to opening up at $17.75 per share on 4 Feb 02, on the OTCBB from trading on the pink sheets. http://www.findarticles.com/cf_0/m4PRN/2002_Feb_5/82525123/p1/article.jhtml

Later it opened up under its new (old) ticker of CKEC on the NASDAQ on 23 May 02 at $30.00+ per share. The bid never dropped on that day below $29.28 and the stock closed at $30.12 per share for that day. Later the stock drifted downwards to later stabilize at the $16.00+ per share for months.

Today, 1 May 04, CKEC is trading at $37.74 per share as indicated below: http://finance.yahoo.com/q?s=ckec
It has been trading over $25.00+ per share since 13 Aug 03 and over $35.00 per share since 22 Oct 03.

I’m not saying that CMKX will do the same as CKEC although even doing near such would be nice. I just don’t think that Urban is doing all of this to remain on the pinks. I just think that it is now time for us to start thinking “Big Picture” and not “Little Picture” for share price movements of justification. With what have been now reveled to the public, there should be no doubt in anybody’s mind that CMKX is well worth the risk.

I’m sure that he was told or is no doubt aware that when he gets off the pinks, he will have a new group of investors that will invest into CMKX. He will pick up new investors all throughout this marketing campaign. The networking is now in the mix and has been for some time now.

Since we really never had a bid for months, this eliminates the thoughts that he was selling shares on the open market. If any selling or whatever selling that was done was done at a level of trading outside of Level’s I and II. I take this to mean that such trading at such levels outside of the open market was done to rectify the share structure of CMKX.

As for the retiring of shares to fix the share structure, CMKX should be nearing completion if we have not completed doing so as of yet. It would be very powerful if he retired shares with the results of having those shares ceased to exist. This would mean that he was wiping out the authorized shares (AS) all along. This would mean the new AS would be equivalent to the outstanding shares (OS) which would probably be equivalent to the float. That would mean us.

So, if I had to guess, there is a good chance that we might not see a PR of the share retirement being completed, but one would be nice. Our reward for being shareholders is Urban putting our shares in a position to be bought by other investors who would want your shares at a premium. To include him and other insiders to further retire more shares at higher prices as value is enhanced. This means that as more people sell the more shares to be bought to go towards continued retirement if his goal has not been met for his desired OS.

The more shares Urban retires, the higher the fundamental value of CMKX shares would be since these are shares from the OS and/or float. Read below to understand the share retirement process: http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=2727

As for the exact details, there are many thoughts that could be generated to justify such activities. We really should not even focus anymore on the exact details of how Urban is retiring shares; we should just know that he is doing such and be glad.

I just don’t see all these marketing and drilling actions evolving into a stock remaining on the pink sheets. There are too many other entities involved too deep besides Urban, friends, and family right now for this to fail. I think the share price is nearing the atmosphere and is on its way to the moon.

These are all my opinions and should only be considered as “theories” until converted into “facts” by CMKX. We should be nearing prosperity very soon with CMKX!

posted May 02, 2004 11:25            

If you want to see a recap of the race so far, tune in to NHRA toady in a few minutes on ESPN2. May 2,04 11:30 a.m. - Noon (ET) (ESPN2)

posted May 03, 2004 04:49            

can a pizza get to your house faster than an ambulance.

are there handicap parking places in front of a skating rink.

go CMKX...

posted May 03, 2004 09:27            

quote:

---

Originally posted by CashCowMoo:
Only in America......

can a pizza get to your house faster than an ambulance.

are there handicap parking places in front of a skating rink.

go CMKX...

---

posted May 03, 2004 22:31            

A very interesing post you had. I enjoyed reading it and can see how much of it could happen. I do wish to disagree with you on one point, though:

"This would mean that he was wiping out the authorized shares (AS) all along. This would mean the new AS would be equivalent to the outstanding shares (OS) which would probably be equivalent to the float."

My understanding is that only the O/S is wiped out, the A/S remains the same until the board or shareholders act to change it. This may indeed be what happens (we can only hope). I've never actually understood, however, what "retiring" shares actually means. I've assumed they revert wo an unissued status (as opposed to treasury stock). If anyone can point me to a solid definition from a reliable source (i.e., NOT a BB ) I'd be appreciative.

Again, thanks for the interesting post!

posted May 03, 2004 23:24            

According to the company, this is what's still in progress:
http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=228&submit=Go
By: stervc
24 Feb 2004, 08:17 AM EST
Msg. 228 of 2725
(This msg. is a reply to 226 by big_shadow.)
Jump to msg. #
Important, About Retiring Shares …

I recently made many phone calls and talked with many companies, market authorities, brokerages, and some of everybody to say the least. So I won’t be posting any names or numbers this time because it was too many to keep up with. I’ll just say that through general consensus, all that knew of the topic “retiring of shares” had come to the same conclusion.

Read these examples below to get an understanding of CMKM’s situation: http://www.insurancejournal.com/news/newswire/southeast/2004/02/03/36375.htm http://www.siamfuture.com/asiannews/asiannewstxt.asp?aid=1497

This is to show you that what is happening is that there is a person or affiliates with deep pockets that are buying or already had owned shares of CMKM. They have two choices to contribute their buying of shares for the reduction of the outstanding share structure.

1. The person or affiliates could buy shares and hold them within the company treasury at which some point in time in the future the company could later re-issue those shares to begin the dilution process over again or use those funds to further develop the company. I do think that CMKM has done this too, but not all of the shares. I think that about 40 to 50 billion shares will be returned back to the treasury. This allows them the ability to re-issue theses shares at a later time to use if the need arises to raise capital. All companies usually give them self this option.

Or

2. The person or affiliates could buy shares and retire them to include the shares already owned if need be. This would mean that the shares would be eliminated from existence. This is an agreed method where a certain amount of stock is bought at discounted prices, usually at the bid, to have eliminated from the O/S. While the above scenario eliminates the shares from the O/S to enhance CMKM’s fundamentals, this scenario has the same effect on enhancing CMKM’s fundamentals, but instills investor confidence by eliminating the fear of future dilution because the shares are completely erased from all existence.

What is happening is that those who are buying now to retire shares are buying into the future of the company and will do so because of something concrete that have not been released to the public. This is why we have been seeing billions and billions in volume as confirm by the company. These are the shares that will cease to exist.

This means that there is a certain amount of billions to be bought that have already been established from the beginning of the retiring of shares program. In return, I think that those who have been doing the buying back of the billions of shares will be awarded a certain amount Series B Preferred Stock that would equate to much more than their initial investment to retire shares which will probably be restricted and could not be converted into common stock prior to some set time in 2005 if I had to guess. Example: Buying and retiring 100 billion shares would convert to the issuance of 10 million Series B Preferred Stock that could not be converted into common stock anytime prior to 1 Sep 05.

Now let’s consider. If you were the one buying back shares and had those types of connections/funds, you darn right you and CMKM would be coordinating with the MMs to hold CMKM down until you bought back the amount that you were looking for at the price that you were looking for too. Remember, you will be calling the shots behind closed doors until key news of substance is revealed or about to be revealed. You want to position yourself to look as wise as possible when all of this materializes for the better.

Think about it for a minute. If it were you, would you want to buy back shares to be retired at .0001 to .0002 cent(s), or at .01 to .02 cents? If you were investing millions, that could be the difference of retiring a few “million” shares versus a few “billion” shares.

The CMKM affiliates know what the future holds for CMKM in providing support for them now. Enough have been reveal that allows me to understand what I think to be transpiring. When the retiring of shares is complete, you might not have but a short time to time your entry point if you are not already in. That’s a chance I have elected to not take which is why I had chosen to buy and wait it out. I think that we are on to something very big. Still, I like our odds. These are only my opinions. May we all become prosperous with CMKM!!!

posted May 04, 2004 08:45            

here is something of UCAD's website
http://www.uscanadian.net/index.asp

Entry: 04/10/2004
All of us here at UCAD have been very busy within the last few weeks closing out the Company's old business and focusing on moving forward quickly with the new projects the Company has undertaken pursuant to the new business direction.

Well, we had a few delays, but the Company has just finally been able to file the Annual Report on Form 10K with the SEC. The change in business plan made the audit more complicated, but after some struggle we persevered. The numbers reflect last year's business, so the numbers reflecting our new business focus won't be out until our first quarter 10K is filed within the next few weeks.

Since the filing of the 10K, our management has been in meetings planning the future of the company. The internal workings of the company is being reorganized and streamlined at the same time that we expand our operations. This should make future reporting easier and more timely so we can keep our shareholders as up to date as possible.

We are planning a number of management visits to the sites of the projects that we have acquired within the last quarter. We expect that this more “hands-on” approach will help speed the startup of operations at some of these sites. Given the international approach of the Company recently, we are making sure all the passports are current as we will be piling up the frequent flyer miles.

The first weekend of April, we all enjoyed getting together at the Las Vegas “Strip” for the NHRA Drag Races. We got to watch Jeff Arend race for the first time in four years in the Top Fuel Nitro Funny Car, which had our company name and stock symbol on it.

We hope you are getting more sleep than we are and please check in for the next journal entry in mid-May.
----------------------------------

a next journal entry in mid may? could that be around the same time CMKX releases something before the races? UCAD will be at the race with casavant and im wondering what could happen.

posted May 04, 2004 08:56            

courtesy of investorshub.com

posted May 04, 2004 12:26            

PLEASE NOTE RESPONCE #2
It plagues many shareholders that Urban Casavant wants to sponsor car races and funny cars instead of getting the stock price up. Regardless of whatever plan he has with the retirement of shares, drilling, diamonds, this is very frustrating for shareholders.

I think Urban would not have sponsored these trying to promote a .0001 stock, he would just be laughed at.

Can you give us some insight?

Thanks
Logged

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

Posts: 81
Re: Melvin, Important CMKX Question
« Reply #1 on: Today at 10:18:50 »

--------------------------------------------------------------------------------
Mr.Casavant is working on two fronts when it comes to this company. [1] he is promoting it though the car and other means. [2] he is working on bringing a share struture out that we all can be happy with.

I think we should all just relax.

posted May 04, 2004 12:32            

I can't tell you how many shares I would have then as my calculator errors out, lol

posted May 04, 2004 16:34            

quote:

---

Originally posted by emunahstock:
I own 70Million Shares. I just set aside 15Grand to buy more when the PR news they have diamonds and the o/s (which could be smaller then we think).

I can't tell you how many shares I would have then as my calculator errors out, lol

I believe this stock will hit .01-.05 if the PR is perfect.

---

posted May 04, 2004 16:58            

quote:

---

Originally posted by emunahstock:
I own 70Million Shares. I just set aside 15Grand to buy more when the PR news they have diamonds and the o/s (which could be smaller then we think).

---

posted May 04, 2004 17:02            

quote:

---

Originally posted by Upside:
Emunahstock,
If they ever release their o/s number, what do you suppose it will be?

---

posted May 04, 2004 17:07            

quote:

---

7788320200387747278289288837374746566453 5244436648595993820298374775664837272636 6455344266467487589699347237384895958585
89

---

I actually did LOL when I saw that! Now that's funny!

posted May 04, 2004 19:06            

But it's nothing more than a system glitch.

posted May 04, 2004 19:20            

quote:

---

Originally posted by highwaychild:
Upside and DQR, since you know everything, what was the cause of the .02+ peak in Dec. 2002?

---

posted May 04, 2004 19:51            

quote:

---

Originally posted by highwaychild:
I don't know what the F "janie" is, some french crap or what,I don't know BOB don't really care why it went.Just wanted to prove a point.Why do think the O/S wont change,History has a tendency to repeat itself.

---

posted May 04, 2004 20:12            

quote:

---

Upside and DQR, since you know everything, what was the cause of the .02+ peak in Dec. 2002?

---

posted May 04, 2004 20:30            

quote:

---

Originally posted by DiQuiRiesco:
7788320200387747278289288837374746566453 5244436648595993820298374775664837272636 6455344266467487589699347237384895958585
89

---