posted July 26, 2004 22:51            

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By: houstontex1110
26 Jul 2004, 09:29 PM EDT
Msg. 52250 of 52335
Jump to msg. #
MATHEMATICAL ANALYSIS I LOVE IT

1. CMKM is acquiring 60% of the undivided min. rts to 500,000 acres. Undivided means our rights extends across every square inch of the property. We therefore net 100% of 300,000 acres.

2. OK, but is it a good buy or did we get hosed? CMKM shareholders are paying out 35billion shares and receiving 50% of the income. Income is what it is all about...bottom line stuff. UC for his 40billion shares receives a maximum amount, so I understand, and then is cut out of the profit distribution. That implies we the shareholders steps into his position and receives his prior profit flow as well.

3. So for 35 billion shares eventually you will receive 100% of the income, therefore we just bought 300,000 acres for 35billion shares times the close of .0005 equals $17,500,000. Debeers values a measly 58,000 acres at 40 to 50 billion dollars. We just purchased nearly 6 times as much for a song and dance-$17,500,000.

4. I apologize if the numbers are off. Ordinarily I would take hours to run these numbers, but posters are screaming for an analysis. Oh, you should add on the I believe $67,000,000 Equals $84,500,000. The $67,000,000 Is Uc's total profit. Folks, we just pulled off a grand deal. We do not actually dillute our stock by a total of $84.5million, we just lose $67million out of perhaps 10 billion. Can you live with that?

5. UC has demonstrated that he is above all...A DEAL MAKER, as Donald Trump wrote, The Art Of The Deal.

6. Not only is it a bargain price, it diversifies our land holdings. You never know where that mega giant mineral discovery will come through. You must have a sizable piece of the action across a broad expanse. UC is attempting to ensure we will find the next company maker.

7. Finally we are paying a little over $60 per acre for 100% of the mineral rights covering a net 300,000 acres.

posted July 26, 2004 22:53            

Kev

posted July 26, 2004 22:56            

I am not an expert on Nevada Corporate law so I could have been incorrect as to an additional 500 bil. Don't bother yourself if you do not feel like it. Excluding something like that (state of inc. law) UC + other controlling shareholders can do almost anything they wish to do with the company and it's shares.

posted July 26, 2004 23:14            

Try to look at as a brand new company starting out with no shares and in it's most simple form.

Board of Directors "authorizes" 10,000,000 shares to be issued for various purposes or at the discretion of management. At this point none are issued.

Subsequently, 6,000,000 shs are "issued" (may also be called "new shares") to controlling people who put up the monies to start the business. Now you would have 10,000,000 authorized shs of which 6,000,000 shares are both "issued and outstanding".

Next, suppose they have a public offering of 4,000,000 shs. Now you would have 10,000,000 shs "authorized, issued and outstanding". Generally speaking (and there are qualifications), the 4,000,000 shares sold publically would be refered to as "float" or "public float".

Now, suppose they want to acquire a company for 1,000,000 shs. In order to do so the Board of Directors would have to authorize an additional 1,000,000 shares. Once issued in exchange for the acquisition, that 1 mil shs also becomes part of the authorized, issued and outstanding. Depending upon the circumstances (to whom it is going), it may or may not become part of the public float.

posted July 26, 2004 23:38            

quote:

---

Originally posted by Wallace#1:
Let's not get too smart rivercity. When you quote something, three dots (...) incorporate whatever is there into the quote. It just saves repeating the whole thing. If you go back and look at the release you will see just where I put the three dots and, therefore, left out no facts.
Besides, I figured all of you read the release.

---

Wallace, rivercity was making a good point. You were certainly dishing out a dose of sarcasm by saying that UC was only contributing $16K worth of stock in exchange for $62 million potential. Ending your comment with "LMAO". Which we've already determined was incorrect math on your part.

Rivercity was then simply pointing out that he can't even get the return on his investment unless the property turns out to be profitable and only after all expenses are paid.

posted July 27, 2004 00:00            

In case you haven't noticed, your credibility is quickly fading (just in case there is any left). You have made two incorrect statements with mal intent tonight (and you were caught on both of them), and your favorite "scare tactic" from the last two days - the bogus discussion about naked shorted shares and the alleged illigitamacy (spelling ?) of our shares - was shattered with one post by Gatorman stating the FACTS about what the TA's know about us and our accounts. So before the hole you have started to dig for yourself gets any bigger, why don't you just call it quits? Think about it, this here will be a fairly painless exit for you, but should you continue spreading such unmistakable innuendo across OUR board, with the sole intent to harm this company and its shareholders, the "BOARD POLICE" will be all over you, and we outnumber you, and we are younger, stronger and much much smarter and we have night sticks and guns, LOL, and we can make your stay here a living hell...so don't let it come this far...bail out while you still can!!!

posted July 27, 2004 00:18            

So you're saying, out of my two descriptions of "authorized shares", the more accurate one is the one that describes it as a license to print X amount of shares?

At this point, I am tempted to take this off-line, but I believe I'm not the only one who can learn from this discussion.

Thanks.

(By the way, may I take a moment to say that even though I don't understand what is going on, I am getting incredibly positive vibes from what I'm hearing? I own stock in a company that I don't even know still exists (USCI). I own numerous companies of which I hear of nothing but delay after delay. But CMKX is wheeling and dealing, and something's going on here that is beyond me, and I'm thinking a few years from now, I'm going to have a story that people won't be able to stop me from telling over and over.

posted July 27, 2004 00:25            

If this new area of land does contain diamonds, and, wow, sure enough it is next to our 1.4 million claim that we have the aerial survery to... hmmmmmmmmm.....

UC is helping to cushion the blow of the shares with using his own. I like that. Hey I invested into a company that is willing to take some risks, but spread out on all levels. I like that

Now is a reason to load up... now don't we all see what is happening???

To get any part of this dividend you will have to hold shares... now this couls take what, upto a year to pan out!!!!!!!!! WOW, HOW MANY OF US NOW WILL HOLD FOR OVER A YEAR?!?!? I WILL

I have 3 million shares... Now at the very most I will only sell 1 million short-term. I plan on getting at least 750k-1 million more by Aug 14th...

SO..... the MM's have to cover, and now if this deal pans out, and I think it will be profitable since we have the magnetic surveys, the MM's will have to cover and buy back any naked shorts... What happens when people wont sell them shares? The price goes up... Well they now can not just cover and pay dividends to every naked shorted share... they gotta get them back, now it will be too expensive, espically if the new exploration turns out to be profitable...

Does anyone else see what is happening ?!?!??!

CMKX is forcing the MM's to cover by issuing US dividends, one in CIM, one in UCAD now a POSSIBLE cash dividend for the new property.

At the same time he is attracting new investors with the Race Car...

He is also forcing investors to hold long in order to get any possible pay out, the first being Ucad.... then the next being CIM and then the new property...

This will all play an important role in our PPS.... If it hits .05, .1 .2 will we sell since if this land is truely worth what debeers is worth, we would be at over .40-.50 or so... You see?!?!

-John-

posted July 27, 2004 00:34            

quote:

---

Originally posted by tahoechris:
Your still assuming there is a naked short position, which seems to be not as large, after this pr, IMO. Other than that you make good points.

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posted July 27, 2004 01:26            

In one years time we shall be reaping the benefits of any diamond finds..

However, will we sell out at .05, .1, .25, .5 or even one dollar???

Seriously...

We have to hold long for any of the dividends, espically the newest one in the works...

How on earth would I be able to NOT sell 1 million of my shares at .3 or even .2??

I really hope this ends up being my 'worst' effin problem of the next year! If I should sell at .2 or wait for .3 Ouch...

Lol...

posted July 27, 2004 01:39            

Securities Act Rule 144
Selling restricted or control securities in the marketplace can be a complicated process. This is because the sales are so close to the interests of the issuing company that the law might require them to be registered. Under Section 5 of the Securities Act of 1933, all offers and sales of securities must be registered with the SEC or qualify for some exemption from the registration requirements. If you have acquired restricted securities or hold control securities and want to publicly sell them, you may need to make special efforts to show that your public sales are exempt from registration.

Rule 144 provides an exemption and permits the public resale of restricted or control securities if a number of conditions are met, including how long the securities are held, the way in which they are sold, and the amount that can be sold at any one time. But even if you’ve met the conditions of the rule, you can’t sell your restricted securities to the public until you’ve gotten a transfer agent to remove the legend.

posted July 27, 2004 06:54            

I guess I have another question. I'm assuming that with CMKM able to dish out 75 billion shares, they will still have the majority interest by holding at least another 75+ billion shares. Do the remaining shares that UC/CMKM holds have to be oustanding shares to retain their controlling interest or would authorized shares also count towards the 51% they need to hold (i.e., would we have to now assume that there are a minimum of 150 billion shares issued and outstanding or perhaps just the 75 bil Nevada Minerals is getting)?

posted July 27, 2004 07:23            

Financial lingo is very important for anybody interested or invested in products like stocks, bonds, or mutual funds. Many of the financial ratios used in fundamental analysis include things like outstanding shares and the float. Let's go through these terms so that next time you come across them, you can know their significance.

Restricted and Float
When you look a little closer at the quotes for a company, you may see some obscure terms that you've never encountered before. For instance, restricted shares refer to a company's issued stock that cannot be bought or sold without special permission by the SEC. Often, this type of stock is given to insiders as part of their salaries or as additional benefits. Another term that you may encounter is “float.” This refers to a company's shares that are freely bought and sold without restrictions in the public. Denoting the greatest proportion of stocks trading on the exchanges, the float consists of regular shares that many of us will hear or read about in the news.

Authorized Shares
Authorized shares refer to the largest number of shares that a single corporation can issue. The number of authorized shares per company is assessed at the company's creation and can only be increased and decreased through a vote by the shareholders. If at the time of incorporation the documents state that 100 shares are authorized, then only 100 shares can be issued.

Now just because a company can issue a certain number of shares doesn't mean that it is going to issue all of these shares to the public. Typically, companies will, for many reasons, keep a portion of the shares in their own treasury. For example, CTC may decide to maintain a controlling interest within the treasury just to ward off any hostile takeover bids. On the other hand, the company may have shares handy just in case it wants to sell them for excess cash (rather than borrowing). This tendency of a company to reserve some of its authorized shares leads us to the next important and related term: outstanding shares.

Outstanding Shares
Not to be confused with authorized shares, outstanding shares refer to the number of stocks that a company actually has issued. This number represents all the shares that can be bought and sold by the public as well as all the restricted shares that require special permission before being transacted. As we already explained, shares that can be freely bought and sold by public investors are called the “float,” and this value changes depending on if the company wishes to repurchase shares from the market or sell out more of its authorized shares within its treasury.

Let's look back at our company CTC. From the previous example, we know that this company has 1000 authorized shares. If they offered 300 shares in an IPO, gave 150 to the executives and retained 550 in the treasury, then the number of shares outstanding would be 450 shares (300 float shares + 150 restricted shares). If after a couple years CTC was doing extremely well and wanted to buy back 100 shares from the market, the number of outstanding shares would fall to 350, the number of treasury shares would increase to 650, and the float would fall to 200 shares since the buyback was done through the market (300 – 100).

Hold on a minute though--this is not the only way that the number of outstanding shares can fluctuate. In addition to the stocks it issues to investors and executives, many companies offer stock options and warrants. These stock options and warrants are instruments that give the holder a right to purchase more stock from the company's treasury. Every time one of these instruments is activated, the float and shares outstanding increase while the number of treasury stocks decrease. For example, suppose CTC issues 100 warrants. If all these warrants are activated, then Cory's Tequila Corporation will have to sell 100 shares from its treasury to the holders of the warrants. Thus, by following the most recent example, where the number of outstanding shares is 350 and treasury shares is 650, the exercise of all the warrants would change the numbers to 450 and 550 respectively, and the float would increase to 300. This effect is known as dilution.

posted July 27, 2004 07:30            

No money down for us!

posted July 27, 2004 08:00            

quote:

---

Originally posted by Brad:
Wallace, rivercity was making a good point. You were certainly dishing out a dose of sarcasm by saying that UC was only contributing $16K worth of stock in exchange for $62 million potential. Ending your comment with "LMAO". Which we've already determined was incorrect math on your part.

Rivercity was then simply pointing out that he can't even get the return on his investment unless the property turns out to be profitable and only after all expenses are paid.

Rivercity,
Good point and thanks for making note of it.

---

posted July 27, 2004 08:53            

1. If UC gave up 40 Billion of his own shares without giving up contolling interest in CMKX then he must have at least 76 Million more shares left after this deal. If 400 Billion was the estimate before this deal and now that will increase to 435 Billion with Nevada holding 75 Billion of those shares which is about 17% of the O/S total. UC would have to control a little more than the 75 Million shares in order to maintain controlling interest (Unless he is giving up controlling interest with this deal).
2. Everybody was wondering what the heck those 40 Billion share of CIM is that we were going to get. Well what if UC is going to start another mining company with this new purchased land and call it Cassavant Internation Mining Inc. Or he could be leaving CMKX all together (thus why he is giving up controlling interest) and starting this new company with new land. In any event, if that is the case, it looks like he is taking the CMKX shareholders with him.

posted July 27, 2004 09:20            

>>>>>The Master Plan....BY ZEN<<<<<<<<
« Thread started on: Today at 09:06:41 »

--------------------------------------------------------------------------------
THE MASTER PLAN

There’s a lot to sort out here. And just when you think you’ve got a handle on things, one more variable pops into your head that sends it all spinning. Believe me, I won’t claim to understand everything that is happening. I’m going to take my best stab at this but please understand that we are trying to guess Roger and Urban’s master plan and that is obviously under wraps.

First things first. Where I was BEFORE this release. My belief was that Roger and Urban were going to divvy up CMKX’s rights and claims and transfer them all to other vehicles. Cleaner vehicles free of shorting. Basically I believed the plan was to effectively “gut” CMKX and transfer ownership of everything into many, many, many different vehicles. First I believed that Urban would distribute every claim piece by piece – gold, zinc, uranium, copper, oil/gas, potash, etc. Whether it was CIM or UCAD or another entity (possibly a partnership with DeBeers?), I believed that in the end one other company would “buy out” their only remaining rights – diamonds. Effectively this would have distributed all rights to us the shareholders across a broad base of dividends and effectively stairstepped the value of the company, and screwed the short position blow by blow until their complete capitulation with the diamond rights. And then the vehicle which bought the diamond rights would be the one to go public so that Urban continues to be king of diamonds. Anyway enough of that. Things change.

What have we learned from this PR?

Urban is indeed giving. He is giving up 40 billion shares and is refusing to take a dividend on them while refusing payment for them except when the mining is profitable. I think we will continue to see his “giving” nature.

Roger is not only on board but actively partaking in the company’s plan. I must stress that a partner of this level becoming intimately involved enough to take trips of this nature means Roger is not simply filing paperwork. No, he is ACTIVELY engaged in this process. This is bigger than many can imagine.

There was something of significant value on that aerial survey in those 500,000 acres. Otherwise, Urban wouldn’t be wasting his or our time on them. Remember that this is THE MOST ADVANCED, DETAILED SURVEY DONE ON THIS PROPERTY.

This release tells me NOTHING about the trading float. It tells me there are restricted shares. It tells me Urban owned at least 40 billion shares. It tells me there will be 35 billion shares paid over to Nevada Minerals (who is owned by cmkx and UCAD now (who by the way is owned 49% by CMKX) but more on this later). Still I’m left not knowing the trading float. And I think that’s for a reason (more on that too in a bit).

This release tells me that Urban and Roger are very acquisitive.

This release tells me there are so many pieces in place and remaining to be put in place that we need to sit back and watch it all unfold.

THE EMPIRE

For starters, I believe we are on the edge of an empire in mining. There are some that dismiss our mining claims as puffery or horse manure. I believe nothing could be further from the truth. I believe the aerial survey is not simply a “rough idea” of this area’s deposits. I believe it displayed loud and clear the most impressive array of mining rights and claims probably ever seen before. I think well find out more detail about these “anomalies” in due time, possibly with some drilling results contained in a secured warehouse : ) . But I believe Roger didn’t step into the ring for real until that survey was completed and it confirmed everything that was suspected about this property – namely that it may be one of, if not THE, wealthiest properties ever witnessed.

So how do you just one day build an empire. Do you wave a flag and say “Here we are!! Come and get us” Not really. It’s just not that simple. Particularly when DeBeers is probably flanking you with a potential assault and the hedge funds are slapping your stock price around like a ragdoll. Enter Roger Glenn. Now a master plan for the empire must be assembled. The shorts must be eliminated. An appropriate vehicle or vehicles must be established to handle an empire’s worth of operations. And quite frankly, a pink sheeted CMKX shorted into the ground ain’t gonna cut it!!

IMO what is now becoming more obvious with each release is that a collection of juniors are conglomerating to form a unified empire of rights and claims. UCAD is giving us half ownership of their company. Now we’re giving UCAD a piece of CMKX. We’re all acquiring Nevada Minerals. UCAD owns a majority interest in Juina. I’m guessing United Carina is not far off. I’m guessing Consolidated Pine Channel is not far off. Shane Resources too. Not so sure about Shore Gold but possible. When it’s all said and done, UCAD is looking like a very tasty vehicle to hold an awfully large percentage of our claims … if not perhaps all of them. And what better name for a North American major to be formed than UCAD … U.S. Canadian Minerals, Inc. So, my thoughts today are that this release is yet another step in the direction of bringing all intended claims under the fold of a separate entity. Nevada Minerals held a biggie. 500k acres. Yeah, that’s a monster, and I’m guessing based on the aerial survey, it’s a bigger monster than any of us expect. I think this release was CRITICAL in acquiring a piece of property of this potential value at this stage. It is all part of the plan to bring these companies and properties together as one.

What else is in store? My thoughts lead me to the PR on December 29, 2003 talking about 2 public companies looking to buyout certain rights and claims from CMKX. Supposedly those buyouts were to be done by the end of January but mysteriously they were put on hold. I believe it was around this time that the REAL plan was actually begun and the talks for any buyouts were scrapped until far greater pieces were in place. And now they are. What are these other claims to be bought out? My best guesses lead me to a buyout of our potash, uranium and oil/gas rights. Someone mentioned POT (NYSE) the other day. Maybe. Our area is also widely known as highly rich in uranium. Others have hinted at map claims that seem to indicate we hold uranium rights. I don’t doubt that uranium would be a wonderful right to sell off for a huge cash infusion given that it is probably so highly regulated I doubt anyone in this new company would care to deal with THAT particular element. And as for oil/gas, I’m guessing that would be another great right to sell off as it doesn’t seem to fit what is developing to be a “precious metals” profile. I’m sure there would be suitors aplenty for all of these rights.

Ok, so back to the PR. Yeah, what about that PR? I offer all of the above as reason enough to say that if you overanalyze this PR you will make yourself ill. There is clearly something MASSIVE going on here. You don’t do the corporate shuffle at this level unless you are bracing for something significant. Roger Glenn does not sit around late at night devising clever corporate ways to burn through Urban’s money just so that he can get his legal fees. No, this is part of a master plan. And if anyone here (including myself) is arrogant enough to think they can get it correct, they are idiots. All we can do is guess and try to keep our eye on the forest and not the trees. Still, a few trees are forming.

INSIGHT #1: IMO we don’t know the OS yet because it wouldn’t do us any good. Anyone noticed how shares are flying back and forth fast and furious between companies? IMO until Urban has stopped giving, THE OS WILL NOT BE KNOWN. It does no good to release it today if it is going to restructure itself every other day. Just yesterday if they put out an OS release it would have read “The OS is X, with Urban owning Y.” Already that has changed. Pay attention to all the swapping going on. It’s incestuous! And until it all settles out and the landscape is clearer, I think we’re going to be waiting for that final OS. My guess is that by the CIM dividend, a LOT more things will have happened. It’s possible we may own many more companies by then. We may have cash dividends. We may receive more shares. We may give more shares. Who knows. Sit back and enjoy. It’s not very often you get to have front row seats to an empire being built IMO.

INSIGHT #2: We own 60% of Nevada Minerals now. UCAD owns 40%. We own 49%ish of UCAD after the dividend. Nevada Minerals owned 5 million shares of UCAD (29% of UCAD). UCAD owns 40 billion shares of us. Are you lost? I sure am. I’d need a degree in Calculus I think to figure out whether we even PAID for this 500k acre property. What I do know is that this property is dirt cheap when you factor in the fact that our right hand is feeding our left hand. What all of this is saying though is that we are becoming a more and more integrated unit with each release. And this is key.

INSIGHT #3: Urban is sending a very loud message to all shareholders. The same man that was retiring billions and billions of shares last year to help us is again helping us. He is paying for this with his shares, giving up his dividends, and refusing to take payment until the property turns a profit. All this horse pucky about Urban dumping on shareholders and diluting shareholders in the market is pure nonsense IMO. First off, he ain’t gonna be doing that in front of Roger or Roger would never have agreed to take him on as a client. And second, he is going out of his way to demonstrate time and again that he WANTS TO HELP US. I’m really believing that all the fanfare from the races about his giving nature is just simply true.

Ok, this is exhausting. The end game IMO is a simultaneous division and amalgamation of companies and claims. I believe the end game is to have at least one major holding company under which most claims will be held. I believe right now that vehicle is most likely UCAD. It is tightly held. Probably a near zero float. And if it continues to rise and stay above the $5 mark, I may start suspecting a nasdaq or nyse listing in the future (6-12 months from now? But maybe with a filing for listing earlier?). I believe though that Roger still has much more information to reveal to us before we see UCAD in its final form. CIM puzzles me a little. I’m not sure if they are simply planning on bringing it public as a zinc company or what. I don’t really have an answer as to that one. I do think we’ll sell some claims. That money may go into the company’s coffers to finance drilling and further acquisitions or it may turn into a cash dividend. I don’t know. Will De Beers join in on this dance? I don’t know. I do find it odd that they filed their corporate articles on May 28 and about 5 weeks later the listing was noted as DQ or in default. Peculiarly, another company using DeBeers’ very same transfer agent popped up within 48 hours of the DQ designation on July 6 under the name Crystalline Minerals (crystalline minerals being diamonds). Is this the entity with which DeBeers plans on doing something with CMKX? Who knows. Just guesswork.

In fact, it’s all guesswork. And that’s probably my final observation. I think there is just no way to know where or how the next move will be made. But I take great comfort in believing that law firms like EdwardsAngell don’t go to these lengths to a) hide a scam, b) cover up wrongdoings, c) get CMKX to the otcbb or d) to do anything for mere POTENTIAL claims. No I believe we are on the cusp of an empire. The pieces are being laid down methodically IMO. One by one, I believe questions will be answered. I also believe a LOT of this will NOT be understood. And that’s fine. Corporate law can be a huge, honking mess particularly when you are attempting to structure what may become a MASSIVE entity. Not everyone is a corporate attorney. And not everyone will understand every move. But again, see the forest instead of the trees. They are clearly pulling together a lot of resources from a lot of companies with a clear plan in mind.

My confidence level is back up over 90% (deductions still for Urban appearing at races – LOL). Jeez, anyone claiming scam at this point is barking in the wind. You just don’t assemble pieces like this unless something real is happening. Scams are hidden and secretive and usually accompanied by a ton of really fluffy press releases. We are seeing NONE of that any more. Straight forward. Dense. Meaty press releases. So dense in fact, that it’s nearly impossible to figure out the weight of each sentence.

Sorry this is so long. The above is all big, huge, flapping, gaping speculation. But I hope it gives some food for thought. They are my best effort at giving an overview of where I see things right now. Each successive PR has caught me offguard so it’s all subject to change once again. I am honestly more excited than I have ever been before. I think we’ll see many more pieces very soon. And I believe I will be in on the ground floor of an empire being built. This next sentence may hurt but it shouldn’t. I believe this may take a year. Don’t get scared. I just think that I’ll have the opportunity to exit in the near future (within a few months) at a massive profit. In fact, enough profit to possibly take care of me for the rest of my life. But I believe if I hang around a bit longer to see this empire reach its full potential, I believe I’ll be able to take care of my kids and their grandkids for the rest of their lives in addition to just myself. It may take a year, but that would be fine by me. That’s just my opinion.

As for the naked shorts, they simply can never survive this assault IMO. Ever. Whenever it is that they fold, good riddance. I think they are simply a bonus that has allowed us to enter at these absurd prices. Man did they ever get snookered. And pay for it royally they will IMO. But I’ve actually stopped caring about them much now. After today’s PR and when I really stopped to think about it, there’s much more going on here that is far more exciting than whenever it is that JEFF is going to get sledgehammered. Believe me I’ll be thrilled to see him go and it will be a great victory against an evil force in the market. But equally as important is watching a true empire take shape. Whether you’re in for 2 months, 6 months, or a year, I think this is going to be the most breathtaking, exhilarating experience you could ever hope to be a part of in the financial markets. I am stocking up on popcorn. Bigtime.

Z

As always, these are my personal opinions.

Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with

posted July 27, 2004 09:53            

Two possibilities IMO
1 He is Naked shorting
2 UC (or someone from CMKX) selling

quote:

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Originally posted by Bialystock:
I'm not sure how accurately my L2 reflect what's really going on but it seems like already this morning over a billion shares have been traded? And most are people buying at .0004 and JEFF is the only one that has shown that price...has that billion come from Jeff alone? Is it unusual for a MM to stand alone for 1 billion in volume in the first few minutes of trading on any one stock? Why don't the others jump in?

---

posted July 27, 2004 10:39            

In general, just ask yourself a question, if you know that you have something valuable (product, idea, mineral rights) wouldn't you get legal advice? Well, think of UC, with all these dealings and wheelings, and mineral rights, he needs legal advice left and right, he is working with few companies - the process may be too complicated, to ensure that everyone is happy, and on the end he needs to protect himself and CMKM Diamonds......I am starting to believe more and more that profitable diamonds are to be found soon as they start drilling - when I don't know, but I can wait.

posted July 27, 2004 10:46            

And, by the way, if there is a large number of naked short sold shares, there's is also a HUGE PROBLEM for shareholders! FACT !!!!

posted July 27, 2004 10:52            

quote:

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Originally posted by Justhis1ce:
Anyone notice the absence of bashers posting lately?

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posted July 27, 2004 11:32            

July 27, 2004

Jul 27, 2004 (M2 PRESSWIRE via COMTEX) --

Stocks in the News: Itec Environmental Group Incorporated (OTCBB: ITCV), Diversified Financial Resources Corporation (OTCBB: DFRC), ARS Networks Incorporated (OTCBB: ARSK) and CMKM Diamonds Incorporated (OTC: CMKX).

Itec Environmental Group Incorporated (OTCBB: ITCV) shares traded with over two times the average trading volume on Monday. Itec Environmental Group, Inc develops and commercializes technologies that are economically and environmentally sound. The company has developed a cleaning system utilizing liquid carbon dioxide for cleaning recyclable plastic, oil and pesticide containers.

Bentley Sports Incorporated (OTC: BESR) traded strong with above average volume on Monday as share prices surged 20% at $0.06. Keep an eye on this company as it recently finalized plans to unveil its patented Kinetic Swing System(tm), an Internet based golf education system resulting from 15+ years of research that has proven to enhance the performance of beginning and amateur golfers, as well as the world's top players.

Diversified Financial Resources Corporation (OTCBB: DFRC) shares traded strong Monday with incredible above average volume trading and a 40% increase in share price at $0.0007. The company announced earlier this year that it was unable to complete the announced agreement to acquire a controlling interest in Impact Beverages Inc.

ARS Networks Incorporated (OTCBB: ARSK) shares rose 20% yesterday to close at $0.0006 on incredible above average volume. For the fiscal year ended 01/04, revenues rose 27% to $40 thousand while net loss from continuing operations totaled $2.9 million, up from $925 thousand.

CMKM Diamonds Incorporated (OTC: CMKX) shares remained unchanged despite trading 3,775,940,864 shares yesterday. The company announced Monday that it has agreed to acquire a 60%, undivided interest in 500,000 acres of potential Kimberlite mineral property in Saskatchewan, Canada.

posted July 27, 2004 11:35            

Hey a$$... I haven't spoken to you in days, infact I have restrained myself to the maximum point. If you are going to bring me up and talk smack about me then our little deal is off and I make four hundred thousand posts of things I could do with your wife and daughter... remember that post and what came from it? I beleive I worked you up into such a frenzy you contacted the admins... lol... Like a picked on loser kid in the third grade, go run to the nearest school official...

Keep trying your hardest to lower our pps by a tick... My money should be in next week, by Monday, another couple of hundred dollars !!!!

-John-

posted July 27, 2004 11:47            

How do you mean? What would be the change in status? You lost me (which isn't that hard to do,lol)...

posted July 27, 2004 11:52            

quote:

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Originally posted by JBCak47:
vggnn

How do you mean? What would be the change in status? You lost me (which isn't that hard to do,lol)...

-John-

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PS
UCAD up 7+% today

posted July 27, 2004 12:03            

I see what you are saying. Yeah having the land and mineral rights does go much further then just mineral rights.

So now we have 1.9 (ONE-POINT-NINE-MILLION-ACRES) of land that we have mineral rights to! Yeahhhh babbyyyy, yeahhhh, groovy!

heheheh...

I wish I had more money to put into cmkx, however I am happy to be on board at stops .0004-.0008 lol... That works for me!!!lol...