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Micro Penny Stocks, Penny Stocks Under $0.10 CMKX IV New Thread....GOT IT - HOLDIN' IT (Page 29)
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Author | Topic: CMKX IV New Thread....GOT IT - HOLDIN' IT |
HarryHar Member |
posted July 28, 2004 16:03
i saw the creators of this jibjab on tv, they're getting pretty famous now... IP: Logged |
Garfield1981 Member |
posted July 28, 2004 16:14
Last trade at 0.0003. IP: Logged |
will Member |
posted July 28, 2004 16:20
Ooops! That was great. I usually don't look at many of those things, but I really liked that one. Thanks Money P. quote: [This message has been edited by will (edited July 28, 2004).] IP: Logged |
XchangeMODE Member |
posted July 28, 2004 16:22
SPECULATIONS is all there IS that`s why this is called the stockmarket and from experience the biggest gains are made from worst case scenarios cmkx is trading at worst case scenario levels i would not listen to people who try to be your friend and then stab you in the back they get paid for every post they post! IP: Logged |
Money_Penny Member |
posted July 28, 2004 16:24
0.0003 at 16:00:00 Coincidence, you may ask? - I don't think so. This is manipulation at its finest. They're shaking the tree a little harder now, but who's letting go? Not me, not any of us. The only thing coming down are coconuts the size of watermelons (UCAD & CIM), but if that doesn't stop them and they continue, it'll be raining handcuffs and orange jumpsuits!!! IP: Logged |
singlemom Member |
posted July 28, 2004 16:32
You know, I was wondering when someone was going to say something or if it was even noticed. I have asked several questions as well and have received no response. I just thought I wasn't in the "in" crowd. So I just continue to check in even less now and hope maybe one day someone else will ask the same questions and I might be lucky enough to finally learn from the hopeful but educational responses.
quote: -------------------------------------------- IP: Logged |
JBCak47 Member |
posted July 28, 2004 16:33
Shake all they want, I need shares,heheh... But I ain't selling until AT LEAST .10 That is A DIME You retched MM's Muwahahahah! So I am upto 45 dollars saved! I'll have those shares by Tuesday of next week Shake and bake My friends... -John- (Poor broke soul ) [This message has been edited by JBCak47 (edited July 28, 2004).] IP: Logged |
HarryHar Member |
posted July 28, 2004 16:38
JB It's funny because I was walking down the street here in LA and saw someone picking up cans and thought instantly of you hahah...and then I thought, what if some homeless guy really did collect a bunch of cans and invested it in cmkx. It could be the story of a lifetime!! IP: Logged |
JBCak47 Member |
posted July 28, 2004 16:54
Harr: LOLOL HAHAHAH That is to funny! It would be a story... IP: Logged |
JBCak47 Member |
posted July 28, 2004 16:55
Harr: LOLOL HAHAHAH That is to funny! It would be a story... IP: Logged |
XchangeMODE Member |
posted July 28, 2004 17:00
Are the MM`S shaking the tree??? partly yes! but they are still trading naked shares it doesn`t stop from one day to another ,until the BIG BANG !!! the question remains is U.C. retiring shares hey and as we know this company is fighting back against naked shorting + cellar boxing name change ,dividends,tender offers ,are methods fighting back against these illegal practices and as the past has shown a split is the least effective,so we don`t have to look forward to that BUT I`M LOOKING FORWARD TO EVERYTHING ELSE IP: Logged |
VNGNTN1 Member |
posted July 28, 2004 17:07
SINGLEMOM Don't ge discouraged. Post your thoughts & questions. Many of my posts are not answered either. IF you post a good quetion someone will answer & just ignore all the crap. I would respond more to quetions, but try not to get into too many arguments. I know a number of others are doing same thing. There are a lot of shareholders of this stock who are quiet and waiting. Some come out after a PR. If a lot of people discuss legitamate ideas and COMPLETELY ignore the idiots, the board will go back to what it was. Go ahead and repost your questions ! VAN [This message has been edited by VNGNTN1 (edited July 28, 2004).] [This message has been edited by VNGNTN1 (edited July 28, 2004).] IP: Logged |
bill1352 Member |
posted July 28, 2004 17:12
sometimes after reading zen's comment i get the idea he needs to wipe after typing.i'm very positive about cmkx and after reading uncle mel i'm thinking maybe i'm wrong in my idea the o/s is huge. but zen says the UC is giving up his ucad shares for us..this is wrong according to the pr Due to Casavant's share contribution to the property acquisition by CMKM occurring prior to the Aug. 20, 2004, date, Casavant will not receive this or any subsequent dividend. the only reason he will not recieve this dividend according to the pr is no shares. now maybe they stated or worded this wrong but it says this or any subsequent dividend. if the o/s was 400 billion i got to believe UC had more then 10%...if UC is big hearted and says lets cut the insiders out of the dividends and just issue them to the public shareholders say so in a pr...you want to advertize tell me a better way then that...EMS's around the country would be over loaded from CEO's choking on their dinners after reading that....but the way this pr is worded he is not getting the dividend because he doesn't have any shares or am i having a flashback and reading this wrong? IP: Logged |
JBCak47 Member |
posted July 28, 2004 17:14
Single mom, what is your question? I am sorry, I must have missed the times you asked it when scrawling through... -John- IP: Logged |
XchangeMODE Member |
posted July 28, 2004 17:14
The theory could still be true that JEFF is our friend and NITE our foe maybe JEFF brought the price down to 0.0003 in one trade at closing after all the trades went trough at 0.0004 URBAN C. has to retire his shares through somebody so maybe it is jeff SO don`t panic because JEFF brought the price down IP: Logged |
Brad Member |
posted July 28, 2004 17:34
quote:
IP: Logged |
Brad Member |
posted July 28, 2004 17:48
quote: Singlemom, Also, some of my participation includes challenging people when their facts aren't backed up so that people like yourself that don't post very often understand that there may be desenting views and to not take everything you read as gospel. I do believe that there are paid bashers on the site and their job is to make you uncomfortable as a stock holder, sell your shares early, and ultimately drive the price of the stock into the ground. I don't begin to postulate openly on who I think those bashers are but if you don't challenge something you don't believe to be true then someone may take it as the truth. All that being said, I hope you stick around. Your opinions and views are appreciated and if someone doesn't answer your question the first time perhaps consider posting it again. It's possible that it was overlooked. I've seen money-penny post questions several times when no response is made. You're encouraged to do the same. Good luck. [This message has been edited by Brad (edited July 28, 2004).] IP: Logged |
Upside Member |
posted July 28, 2004 17:56
originally posted by Brad: quote: I belive the point he's making (and correct me if I'm wrong Bill) is that Urban isn't just cutting himself out of the UCAD dicidend out of the goodness of his heart. The p/r says Urban will not be receiving the UCAD dividend because of his share donation to the Nevada Mineral acquisition. The only reason Urban would not be entitled to the dividend is if he is no longer a shareholder. Is the 40 billion he is using for the Nevada deal all of the shares he has? IP: Logged |
tahoechris Member |
posted July 28, 2004 17:58
July 28, 2004. (FinancialWire) The Depository Trust and Clearing Corp. has been sued again, this time along with Anthony Elgindy, Schwab Capital Markets (NYSE: SCH), Ameritrade Holding Corp. (NASDAQ: AMTD), ETrade Group, Inc. (NYSE: ET), and Bear Stearns (NYSE: BSC), for a total of $49 million. In other StockGate activities, the NASD has expelled Ryan & Company, LP (RYCO) of West Conshohoken, PA, for failure to cooperate in an ongoing investigation into whether Ryan and the firm engaged in a widespread scheme of impermissible short selling activity on behalf of three hedge fund clients, and Track Data Securities of Brooklyn has been censured and fined $15,000 for accepting customer short sale orders in certain securities and, for each order, ?failing to make/annotate an affirmative determination that the firm would receive delivery of the security on behalf of the customer or that the firm could borrow the security on behalf of the customer for delivery by settlement date.? The lawsuit, #04-CV-80403, Capece v. Elgindy, et al, was filed in the Southern District of Florida in West Palm Beach. The plaintiff is Louis R. Capece Jr., represented by Robert Charles Stone. It has been assigned to Judge Kenneth L. Ryskamp and is expected to be heard by a jury. In addition to those named, defendants include THE ELGINDY SITES, ROBERT HANSEN ELGINDY, BRADLEY ABELOW, MICHAEL C. BODSON, JONATHAN E. BEYMAN, FRANK J. BISIGNANO, STEPHENS P. CASPER, JILL M. CONSIDINE, PAUL F. COSTELLO, DONALD F. DONAHUE, MARY M. FENOGLIO, GEORGE HRABOVSHY, RONALD J. KESSLER, CATHERINE KINNEY, PETER B. MADOFF, EILEEN K. MURRAY,.JAMES P. PALERMO, THOMAS J. PERNA, RONALD PURPORA, DOUGLAS SHULMAN, ROBERT H. SILVER, DENNIS J. DIRKS, THOMPSON M. SWAYNE; Also, KNIGHT SECURITIES, LP, SCHWAB CAPITAL MARKETS, L.P., LEEDS AND KELLOG, M. H. MYERSON, MORGAN STANLEY, GLOBAL SECURITIES OF CANADA, E-TRADE, FIERO BROTHERS, TD-WATERHOUSE, JEFFERIES & COMPANY , INC., BEAR STEARNS & CO., INC., Holly Robin Skolnick, Eliot Pedrosa, David E. Koropp, FLORIDA DISCOUNT BROKERS, PACIFIC SECURITIES OF CANADA, FLEET TRADING, INSTINET CORP., GRUNTAL & COMPANY, ARCHIPELAGO LLC, ING BARINGS FURMAN SELZ, FIRST BERMUDA, DLJ, DATEK, SHERWOOD SECURITIES, and DREYFUS BROKERAGE SERVICES. IP: Logged |
Money_Penny Member |
posted July 28, 2004 18:00
It is true that some of my questions go unanswered from time to time (maybe because they were really dumb? ). If I can't find the answer here, I go elsewhere to find them. The answers are out there, you just have to find them. IP: Logged |
noahltl New Member |
posted July 28, 2004 18:04
Singlemom, Sometimes we just don't know the answers. If I could remember any question you asked, I wouldn't be surprised if they are the same questions we all have. There are many. IP: Logged |
bill1352 Member |
posted July 28, 2004 18:05
exactly upside...after all this stuff about nakes shares and UC buying up shares this pr says he doesnt get ucad bec ause of no shares...so what happened to him buying up shares? did he just retire them as melvin said? i know that the idea of UC buying up shares came from ppl like Dr D & Zen...ppl like that..i thought in my mind he would be buying up shares myself...it doesn't change my opinion about the final outcome of cmkx but it makes me wonder why UC would give up all of his cmkx shares. IP: Logged |
TradingWizard Member |
posted July 28, 2004 18:08
quote: Holy pop ups!!!! IP: Logged |
Brad Member |
posted July 28, 2004 18:11
quote:
IP: Logged |
HarryHar Member |
posted July 28, 2004 18:25
from the PR regarding lawsuit: for accepting customer short sale orders in certain securities and, for each order, ?failing to
IP: Logged |
Brad Member |
posted July 28, 2004 18:36
quote: I want Ameritrade to be as accountable as possible especially since they're my broker. However, I think the key here IMO is that this is Pink Sheet stock and even Ameritrade warns you when purchasing Pinks that there are certain risks not usually assumed when trading normal stocks. Bottom line, everyone should be aware of the risks in trading Pinks and never trade with more money than you're willing to lose. Hey, the stock market is a gamble anyway, certainly even moreso when you're dealing with Pinks. You have to have the stomach to wait it out. If you can't sleep at night worried about your investment, you've invested too much IMHO. IP: Logged |
TradingWizard Member |
posted July 28, 2004 18:44
quote: That's me! And never mind the penny stocks only. IP: Logged |
JBCak47 Member |
posted July 28, 2004 18:48
If a dividend is issued and you bought using a CASH account, your shares CAN NOT be naked shorted. Margin accounts CAN BE shorted... Understand, risks aside, if you OWN a stock, that you bought using your money in your account and you have all the copies and notifications, tax records to prove you own it, and that company issues a dividend that you do not recieve, SOMEONE, not YOU is resposnible for those dividend shares. That is your broker. Penny stock trading aside, they have a legal contract to provide trading 'services'. The dividend falls under these services. If you bought using cash, YOU ARE LEGALLY ENTITLED TO THE DIVIDEND... There are NO ways around that. You bought using good faith through an established, licensed brooker. By not providing you an entitlement that you are entitled to, fraud is being committed. No one can turn around and say," well you bought five thousand dollars of CMKX nine months ago but you won't recieve your dividend, while other investors who bought in at the same time or after you, will." That is a serious infringment upon working ethics and laws. Are they not issuing you shares absed on what? Skin color? Street address? Income? THEY MUST ISSUE THOSE DIVIDEND SHARES TO US... NO WAY AROUND THIS. Foxnews will gladly report this serious fraud so as to beat out CNN to the punch... Let our Brookerages handle the pointing of fingers -John- IP: Logged |
TradingWizard Member |
posted July 28, 2004 18:48
Anybody knows how to be a paid basher, I need more money. Hints... IP: Logged |
noahltl New Member |
posted July 28, 2004 19:01
Sorry about the long post, so if you prefer, just scroll past it.
One of my main stumbling blocks all along has been the OS, along with most of you. Why not release it? I'm sure all of the auditing has been done by now and the numbers are known to Urban. We don't know, so we can throw out any number. 400 million, 40 billion, 400 billion, you name it. Whatever it is, why not release it to the shareholders so we can do some evaluations of our investment, and the value of the dividends, etc.? If it were any of the numbers above, of course, the lower the better for us. Would you get out if it were any of those numbers? No, I don't think most mature investors would throw away the opportunity here for pennies. So again, why wouldn't Urban release the numbers if it really won't make much difference to the shareholders decisions to sell or not? This is what I pondered all week. The only thing I could come up with that makes sense, is that my original idea that there is little or no outstanding shares makes the most sense. Here is why. I believe the last number we had to work with was 500 billion authorized. Now I also had to give Urban credit for being a pretty sharp cookie, and I don't think he would release more than 49% of his AS, and give deBeers an opportunity to take control of his company after securing all the mineral rights from under their noses. So it wouldn't make sense for him to release more than 249 billion shares to the market. That kind of release would have presented itself to the MM's as an opportunity to naked short the company into bankruptcy and make a "big" score. Or deBeers could have gotten one of the MM's to act as agent for it, pushing the price down and giving them an opportunity to buy up controlling interest, not knowing that Urban never released a controlling amount of shares. But for whatever reason, the price was forced down to .0001, and held there for several months, when many of us were buying them up as well. Now if Urban had in fact released 249 billion onto the market at, let's say, a low average number of .0005, he would have collected $124,500,000. When they had been driven down to .0001, he could have repurchased them back for $24,900,000. That's nearly a 100 million dollar profit for the company. Why wouldn't he do it? I know I sure would have. And now he has an opportunity to get even with the MM's whom he notices are still selling shares by the billions, to US !!!!! By this time, he has found diamonds, even if miniscule, and has the promise of much more. So he sees what he has, he sees what the MM's are doing (for whatever reason) and he has already made enought money (100 million) to move on. He contacts E&A and shows them what he has and the proof of what's going on with naked shorting. Roger has their investigative division to check out everything that Urban has claimed, ( a necessity for a company like E & A ). They find everything to be true and agree to take on the case, and begin advising Urban on a plan to take this to the limit, not just for money, but also to stop the naked shorting industry wide. How do you do this? What is the necessary strategy to make all of this work? You issue a dividend. Why not, if you own all of the true AS? If you've got them all, all you're doing is putting the dividend back in your own pocket. But it forces the MM's to make good on the dividend for all of the naked shares, or buy them all back at whatever price the shareholders want. So, just issue a share dividend from a company you already control. That way the MM's will have to either try to buy those dividend shares from the 'sister' company in order to meet the dividend date, which we are seeing in the climbing value of UCAD; or they have to buy back investor shares that are naked. Now if they take the latter, they have to manipulate the share price down again, which we have been seeing for the last couple of weeks. Knowing that they might try to get as many shares of UCAD as they could, he immediately throws another bomb in, and issues a dividend in shares that they can't buy (privately held and not public CIM shares), meaning they still have to make good on buying back the naked shares. And I suspect, that if they continue to try and manipulate the PPS for their advantage, Urban will throw out a cash dividend to all shareholders that will break their backs. Now that is what I see is the Cassavant Maneuver. The MM's, if they have been grossly naked shorting CMKX shares, have committed not just a civil breach, but also a criminal breach for which they can go to Federal Prison. Now that would not be the MM's first choice. So that brings me back to why not issue the OS? Because if he did, and that amount is zero, the naked short position would be very public and very loud, and Federal Investigators would be moving in very quicly to make arrests, and none of us win, at least immediately. That is the only reason I can see why he isn't making that public. He's trying to give the MM's time to cover their naked shorts and avoid arrest and imprisonment, and leaving them in business to take care of future business that we need them for. And for those investors who are loyal enough to see it though, a chance to make a "million, millionaires." Well, sorry for the rambling, but like I said, I've been quiet for a week, and I have to catch up. LOL IP: Logged |
noahltl New Member |
posted July 28, 2004 19:07
Here's some good info from another board.
-------------------------------------------------------------------------------- I called CMKM’s transfer agent, 1st Global Transfer, LLC. at 702-656-4919, and spoke with Jeff (I hope no relationship to the JEFF). [see Investopedia's definition of a transfer agent at http://www.investopedia.com/terms/t/transferagent.asp Jeff is THE MAN that physically puts all the numbers on our CMKX stock certificates indicating how many shares we own; we want to be really nice to Jeff…eh? [As a side note, there had been some posts that various brokers said that when ordering certificates the certificates could only hold ‘7’ numbers. I asked Jeff how many shares he could issue on one certificate and he said 999,999,999 share, thus ending the rumor one would have to order more than one certificate if one had more than 9,999,999 shares]. Jeff seems to be a very nice person and appears to pay attention to detail. The purpose of my call to 1st Global Transfer LLC. (1stGT) was to ask several questions regarding securing certificates. Below are my questions and Jeff’s answers. Q: Are you the transfer agent (t/a) for CMKM and CMKX stock? A: Yes, we are. Q: If I order stock certificates for CMKX from my broker, Ameritrade, what is the path such an order takes from Ameritrade down the line. A: Ameritrade sends a request to the Depository Trust Corporation (DTC); the DTC sends in an order for CMKX certificates to us, 1stGT.; then 1stGT cuts the certificates, records the name of the shareholder in the CMKM corporate ledger under persons name owning the stock; we then return the certificates to the DTC; then DTC returns the certificates to Ameritrade and Ameritrade sends the certificates to the shareholder. Q: Who writes in all those little numbers on each CMKX stock certificate? A: I do. It is NOT and automated process. I enter the numbers. I can enter in nine numbers, i.e., issue 999,999,999 shares of stock on one certificate. Q: How long is your turn-around time from when you receive a request from the DTC and when the requested certificates are returned to the DTC? A: Between twenty-four and forty-eight hours. Q: How do you do it so fast? A: Yes, we have the fastest turn-around time of any transfer agent that I know. Q: As you might know, CMKM has declared a dividend to be issued to all of CMKMs’ shareholders with an Ex-dividend date of August 20, 2004. So my question is this: If I have not received my certificates by the Ex-dividend date because they are in “transit/process”, will I still receive the dividend when paid? A: Yes! As long as Ameritrade has you as the HOLDER of the shares, i.e., a record that you purchased the stock prior to the Ex-dividend date, less three days prior to Ex-dividend date, you will receive your dividend. Q: Okay, let me get this really clear. If I DO NOT have physical possession of my CMKX certificates three days prior to CMKM’s Ex-dividend date of Aug 20, 2004, because they are in limbo, you are telling me that I WILL still receive my dividend from CMKM for my CMKX stock via Ameritrade because Ameritrade has me recorded in their records at the HOLDER of CMKX, I will receive the dividend? Is that correct? A: Yes! As long as Ameritrade has you on record as the HOLDER of the CMKX shares three days prior to Ex-dividend date, you will receive your dividends. Q: How long is an average turn-around time for receiving one’s certificates in the entire loop, from broker request to DTC and DTC request to 1st GT and back to me? A: Well it varies from four, five, six, seven days to many weeks. I have found that E-Trade is rather fast. In fact, I use E-trade for my own stock trades and have used them for years. I even have recommended E-trade to people because of E-trades efficiency in the certificate process. Q: Are others asking for certificates? A: Oh yes, I am quite busy. Q: Jeff, one last question. You wouldn’t happen to know how many CMKX shares are outstanding, do you (the big o/s question) A: [PAUSE…and then says very seriously] That is confidential information I cannot give out. And I said, Jeff, just joking, just joking. I said goodbye and that was it. I hope this answers some important questions for everyone. Ciao for now, CDLIC IP: Logged |
Brad Member |
posted July 28, 2004 19:12
quote: Good theory Noah. Nice to have you back. IP: Logged |
cool1sh Member |
posted July 28, 2004 19:13
New UCAD PR http://biz.yahoo.com/bw/040728/286020_1.html U.S. Canadian Minerals Inc. Purchases Juina Mining Corp.'s Interest in Yellow River Mining S.A.
Further details relative to this project will be forthcoming in future press releases and at http://www.uscanadian.com/, http://www.juinamining.com/ and http://yellowriver.com Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. IP: Logged |
noahltl New Member |
posted July 28, 2004 19:19
Worried about the MM's not covering? Here's a good opinion from another board. He seems to be pretty "street wise" about the politics of this situation.
-------------------------------------------------------------------------------- The MM's are. They figure if they can't scare you into selling with doubt about the company then they will try creating doubt over whether they will cover to get you to sell. Don't be a sucker. They will pay up. You can all call Ameritrade 1000 times and like any other corporation in America, you will get 1000 different answers. They are all irrelevant. If the MM's do not pay up, then Ameritrade, E Trade, Scott trade and all the rest of them will cease to exist. They cannot afford the coverage that will result when other investors, local consumer reporters, investigative reporters, 60 minutes, Dateline, major newspapers & news channels find out about this robbery. The whole system & market as we know it would collapse & the economy would go into a recession as people ran to their brokers to pull their money out of their accounts. Do you really think they will let this happen? Just like they bailed out the S&L's, they would bail out the MM's. Or quite possibly the billionaires who actually run the market behind the scenes will pick one MM to take the fall for the rest of them. Sacrifice 1 for the good of them all. Too many people make way too much money to let something like this take them all down. So relax, all this anxiety is merely created by the MM's as a last ditch effort to shake you. Don't let them do it. IP: Logged |
singlemom Member |
posted July 28, 2004 19:20
Thanks Van and company, I reposted one of my questions below. I did notice there were still some people on recent pages talking about setting their selling point at $1 but I still wondered if that was like tipping your hand. P.S. Van I really liked your story about buying the wedding ring first and then finding the woman that fits it just right. That was romantic and even more so that you have been married for almost 40 years.......man I just don't meet men like that, I'll just keep dreaming like I do about this stock! posted July 19, 2004 13:44 ____________________________________________ CANCEL YOUR GTC's -------------------------------------------------------------------------------- When you put in a GTC order, the MM's see it. They coordinate their buys/sells GTC to control and manage an effective market (this of course is when they are doing things legally). Some are saying to put in a GTC for $1 a share. Understand this.....if they see 100 million shares with a GTC on them, they know they can short those 100 million shares all the way up until they get close to the dollar price per share. Then when it gets close to the dollar pps, they have to cover. Then and only then! So your GTC order for $1 a share, helps them to see and plan their naked short activities. DON'T DO IT!. Cancel your GTC orders and only put them in WHEN YOU'RE READY TO DUMP SHARES. Don't let them see [font=Verdana]TEXT[/font] plan, let them be left in the dark!
quote: IP: Logged |
noahltl New Member |
posted July 28, 2004 19:22
NEW UCAD PR Note that they are planning some "corporate structure reorganization"
Further details relative to this project will be forthcoming in future press releases and at http://www.uscanadian.com/, http://www.juinamining.com/ and http://yellowriver.com Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. IP: Logged |
noahltl New Member |
posted July 28, 2004 19:27
Another thought on the GTC pricing. Some time back, someone posted that if for some reason,(though he has said he wouldn't) if there was a reverse split, and your number of shares were reduced but the price upped to $1.00, you would have sold them all at effectively that day's pps. [This message has been edited by noahltl (edited July 28, 2004).] [This message has been edited by noahltl (edited July 28, 2004).] [This message has been edited by noahltl (edited July 28, 2004).] IP: Logged |
bill1352 Member |
posted July 28, 2004 19:55
didn't ucad's last sec report say they had less then $500?... i know these last few deals except the 10% of cmkx were stock trade deals but operating expence isn't cheap. they sure ran into a lot of money in a short time. IP: Logged |
noahltl New Member |
posted July 28, 2004 20:09
Bill, I think they ran into a lot of money in the past week as their stock pps has about doubled. IP: Logged |
noahltl New Member |
posted July 28, 2004 20:20
The CMKX unofficial board is being bombarded by "bashers" today. I am troubled that we rarely ever see true professionals. Are we just a second rate board? LOL All we ever get are amateurs. Well, with only two weeks left until the 'moment of truth' I expect we will see activity pick up with people trying to "save" us from our ignorant selves, and shake loose a few more shares for the MM's to cover with. [This message has been edited by noahltl (edited July 28, 2004).] IP: Logged |
Upside Member |
posted July 28, 2004 20:40
originally posted by noahltl: quote: But how does the company see benefit from that unless they're dumping shares? IP: Logged |
noahltl New Member |
posted July 28, 2004 20:44
Up, I think I remember that they had 100 million AS on the record, and the shares used in paying bills was something around 20 - 30 million shares. That would leave them potentially 70-80 million shares, less what they gave us, to sell now at around 6.50 - 7.00 per share. If they sold a couple million shares this week, I wouldn't blame them at this price. IP: Logged |
Wallace#1 Member |
posted July 28, 2004 21:29
Just so you folks know, that Aug 20th date for a dividend is the Record Date, not the Ex-Dividend date as was stated. Unless specified by the company or determined by NASD, the ex-dividend date is normally 3 bus days prior to the Record date. Remember, also, that no payment date was given (just "later" - which could be the 12th of never). Up, Checked out that site re UCAD, and found it most interesting. I seem to remember (and I did not recheck it in those SEC filings) that someone said UCAD had around 7 plus million shs outstanding. I noticed that in one of those filings, it stated Rendal Williams owned, 10,910,904 shs and a Michael Kaufman (former Pres.) owned 1,100,000. Interesting note - UCAD was formerly Barrington Foods and prior to that was known as E-Bait Inc. Wonder what that was? Here are a few answers. IB2000 Inc, 9087 Fawn Grove Dr., Las Vegas, NV, owns 5,000,000 shs of UCAD along with Nevada Minerals of that same address and phone number. That might be a controlling interest if the numbers of 7 mil shs I/O are correct. If the 10,910,904 shs listed above is correct, either Williams owns IB2000 and Nevada Minerals or I/O is incorrect somewhere. There is also a Convertible Pfd A with a conversion factor of 100 Common for 1 Pfd. I didn't pay much attention to that but it could have a bearing on who controls UCAD. IB2000 and Nevada Minerals combined own 10% or more of UCAD. Rendal Williams, Pres/CEO and a Director owns 10% or more of UCAD. A Thomas Moses Mercer of Miamitown is a beneficial owner and a Director. I didn't note it but think owns 10% or more. A John S Woodward, Las Vegas, NV is a beneficial owner of 10% or more. Magic Crystals Inc owns 10% or more and has the same phone number as Woodward above. I do have ph numbers and might try them on Fri. IP: Logged |
JBCak47 Member |
posted July 28, 2004 21:37
"Since all this thread ever gets is amateurs and bashers, I am not about to try further and, you sir, must also be an amateur since you have been trading most of your adult life. LOL" I forgot you are the self appointed king of S H I T?!?!? You keep refering to other investors as amatures and 'newbies' or bashers... I forgot you are the Wall Steet genius of capatalism... You are too much fun ( about as fun as 265 pound stripper named Cookie) ============================================= -John- [This message has been edited by JBCak47 (edited July 28, 2004).] IP: Logged |
Brad Member |
posted July 28, 2004 21:37
quote:
IP: Logged |
Wallace#1 Member |
posted July 28, 2004 21:43
singlemom, Now there's one you should totally ignore. There are others. All part of the sewer crew. IP: Logged |
Money_Penny Member |
posted July 28, 2004 21:50
"Remember, also, that no payment date was given (just "later" - which could be the 12th of never)." Always that derogatory hint at the end of a seemingly normal paragraph. Makes me wonder. IP: Logged |
Wallace#1 Member |
posted July 28, 2004 21:52
singlemom, And another. IP: Logged |
JBCak47 Member |
posted July 28, 2004 21:56
Ignore me? Why? I have been around since december you Wit-nit! I've done well with Qbid... I did some pretty good Detecive work and managed to show everyone on this board what the Q-Television Network Chocalate coins looked like five days before people saw them at the New Orleans Convention all because I managed to take a trip to the GotChocolates.com store owner... I posed pics of what they looked like... Many people appreciated that gesture since many investors wanted to know what the QTV coins looked like... That was around May1st Wallace... Secondly, I started the thread about the New Iraqi Dinar... that thread has caused much interest among other people on this board. Buying currency that trades for .00067 for every dinar. That isn't a good stock/Investment Tip? I think it is and so do the people who bought Dinars after reading the thread I started to Inform other investors... Wallace, why don't you offer some suggestions for BETTER investments... I've given people other options when they ask for tips to invest. I have NEVER seen you give any other stock tickers out, just here every day trying to disprove CMKX as best as you can. You may call me what you like but in the end I have provided people with alternative sources of investment avenues. Have you? Or have you just bashed CMKX too much today to try? I mean you have given good DD, but you sit here and take shots at me, Money, Noah, Pharm, Brad, ect and try to magnify our trading experince when you yourself are afraid to take a chance in a penny stock... some investor you cliam to be... Yet you'll post 25 times a day to our CMKX thread... just by the stock already -John- P.S. Honestly go back and examine Wallace's posts... No useful information regarding BETTER possible choices for CMKX, just him TRYING to discredit it. I am not Wallace and I am not going to take people's intelligence for granted... Everyday that passes Wallace looks more and more like The Real Slim Shady... -John- IP: Logged |
Money_Penny Member |
posted July 28, 2004 21:57
Remember this one, Wallace? posted by Wallace#1 on June 26, 2004 20:20 QUACK! QUACK! LOL It has been holding a long time at .0005, which cannot be sustained. Monday - .0004. That is where it is likely to go and close...it has already been seriously chomping at that figure. Obviously, someone must be looking at the entire picture. ------------------------------------ Go on, let your true colors shine through!!! IP: Logged |
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