posted August 03, 2004 13:04            

Some UCAD PR things most may have missed
« Thread started on: Jul 21st, 2004, 6:05pm »

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Some UCAD PR things most may have missed

From the UCAD filing today and the PR.

This is a great PR people.

I'll lay off for now on the obvious everyone else is pointing out.

I found this very interesting. It seems that most may have overlooked it.

5.4 No litigation against the company – Good News! We know we are not being sued or have any outstanding court battles going on over any of our claims or properties involved with all of CMKX because the deal was for 5% of all and this statement of 5.4 says all is well on the litigation front.

5.5 No material Adverse change in the company – Good News! We are financially stable, even if it was only meant to cover a week, that is good news. We know that we are not diving down the hill financially and wondering how we’re going to get things paid for. Plus we have not sold off anything significant, such as more claims or mineral rights, etc…

5.6 No Brokers or Finders Fees lingering over our heads – Good News. Pretty self explanatory.

5.7 Seller and its Subsidiaries do not engage in business with any Person in which any of Seller's directors or officers has a material equity interest. No director or officer of Seller owns any property, asset or right which is material to the business of Seller and its Subsidiaries, taken as a whole. This would sort of discharge the rumors that Urban or any other CMKX officer had a percentage interest in UCAD prior to this transaction.

I have heard so many people including Sterling speculate that Urban or CMKX owned a substantial part of UCAD and this sort of dispels all of that with one little near unobservable statement in this PR. Too I talked with Melvin earlier today for a while and he said he did not know of any relationship, partnership, or ownership anyone with CMKX had before this deal. I know that is not his area of expertise, but I did hear him personally and he is still our I.R.

Plus Melvin is taking his wife to Seattle today for treatments. She did receive blood this morning to give her strength for the journey. Keep them all in our prayers.

The sections are listed below in their entirety and here is the new edited link if you want to look at it.
http://tinyurl.com/6ycmn

I just thought this was all interesting and useful as more DD we can add to the table. Thanks for reading.

Dr.D

5.4 Litigation. There is no action, suit, inquiry, proceeding or investigation by or before any court or Governmental Body pending or threatened in writing against or involving Seller or any of its Subsidiaries which is likely to have a material adverse effect on the business or financial condition of Seller and its Subsidiaries, taken as whole, or which would require a payment by Seller or its subsidiaries in excess of $2,000.00 in aggregate or which questions or challenges the validity of this Agreement. Neither Seller nor any or its Subsidiaries is subject to any judgment, order or decree that is likely to have a material adverse effect on the business or financial condition of Seller and its Subsidiaries, taken as a whole, or which would require a payment by Seller or its subsidiaries in excess of $2,000.00 in aggregate.
5.5 No Material Adverse Change. Since the date of the Asset List attached hereto as Exhibit 1, there has not been any material adverse change in the business or financial condition of Seller and its Subsidiaries taken as a whole, other than changes resulting from economic conditions prevailing in the United States.
5.6 Brokers or Finders. Seller has not employed any broker or finder or incurred any liability for any brokerage or finder's fees or commissions or similar payments in connection with the sale of the Assets to Buyer.
5.7 Transactions with Directors and Officers. Seller and its Subsidiaries do not engage in business with any Person in which any of Seller's directors or officers has a material equity interest. No director or officer of Seller owns any property, asset or right which is material to the business of Seller and its Subsidiaries, taken as a whole.

posted August 03, 2004 14:28            

This is from Gerbs:

Fine, I called. Found a telephone number on the OTCBB website - see below. Spoke with a rep who confirmed the accuracy of the dividend, .0000155 shares of UCAD for each share of CMKX. Said the information came from CMKX. Read the text below and you can see why the data HAD to be supplied. Regulations state that notification must be sent 10 calendar days prior to record date. Based upon my short converation, and the conviction in the reps voice, I would have to say the OS truly is 483,870,967,742. Not what I wanted to hear of course. Also, the "+" that appears before "stk" means nothing more than to look below to see the multiplier for calculation of the payout.

Gerbs

*************************************
http://www.otcbb.com/asp/dividend.asp?sym_id=CMKX&dDate=08/20/2004&sDateType=Record_date

REPORTING STOCK SPLITS AND DIVIDENDS

Pursuant to Exchange Act Rule 10b-17, issuers must send notification of stock splits, reverse splits, dividends, and rights or other subscription offerings at least ten [calendar] days prior to the record date to the OTCBB Coordinator at the address below. Symbols may not be reserved for OTCBB issues.

OTC Bulletin Board Coordinator
Nasdaq Market Operations
80 Merritt Boulevard
Trumbull, CT 06611

Please contact Market Data Integrity at (203) 375-9609 with any questions regarding these notifications.

[This message has been edited by noahltl (edited August 03, 2004).]

posted August 03, 2004 14:31            

diamondgolf
Diamond Finder

member is offline

Gender:
Posts: 76
Don't neglect the Float...Theory:
« Thread started on: Today at 2:02pm »

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If I believe the 483B O/S number - which at this point I think I have to give it some serious consideration because I trust Gerbs call to the OTCBB...then take into consideration that UC must own 51% of that - I would have to believe.

That leaves 200+B out there....I think the vloume we've been seeing is UC buying back and retiring these shares from JEFF, so that when it's time to announce the share structure, the Float is the low number we've been looking for...(10-25B)

Then UC has the very real option of buying that float back from us at $.01?...$.05...$.25 and taking the company private...leaving us with a fat check and a bunch of other shares in affiliated companies.

Anybody else think this is a very real possibility based on how this has been trading? Who else is buying BILLIONS of shares a day and not wanting the price to go up? UC!!!....so he can get full control, go private, and get his shareholders what they want in the process?

posted August 03, 2004 15:06            

Here's some retirement DD

Casavant Mining Kimberlite International Announces Retirement of 1.8 Billion Shares
Jan 9 2004 10:05AM ET

Casavant Mining Kimberlite International Announces Retirement of 6 Billion CMKM Shares of Stock
Sep 30 2003 9:01AM ET

Casavant Mining Kimberlite International Announces Retirement of 9,020,371,427 CMKM Shares of Stock
Oct 10 2003 10:51AM ET

Casavant Mining Kimberlite International Announces Retirement of Another 4.4 Billion Shares for a Total of 13,420,371,427 CMKM Shares of Stock to Date
Oct 20 2003 8:30AM ET

Casavant Mining Kimberlite International Announces Update of Magnetic Work for Drilling and Retires over 20 Billion Shares of CMKM Stock to Date
Nov 6 2003 11:32AM ET

posted August 03, 2004 15:19            

Still long and strong..

quote:

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Originally posted by Upside:
483 billion is astronomical, and I think probably unprecedented in the history of the market. On a positive note, it appears Melvin was not lying about the o/s and it appears that CMKX really did retire the 16.5 billion shares late last year to knock the o/s down to where it is today.

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posted August 03, 2004 15:24            

UCAD holding well today...above $6 now...

Go Merger

posted August 03, 2004 15:36            

Here's an excerpt from the OTCBB website:

The OTCBB is separate and distinct from The Nasdaq Stock Market.

posted August 03, 2004 15:46            

quote:

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Originally posted by Upside:
This makes my blood boil when I think about it, not from a financial standpoint, but when I think of the nerve of the company issuing that many shares, and if it's true let's face it, they purposely hid it from us, and then to think that I fell for it, well again, it makes me boil over.

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With all due respect Upside why let your shorts get bundled up? You say yourself in your post, "if it's true", which is exactly the basis for the wait and see approach. We all believe that the O/S will be known soon enough, (hopefully be the end of this month) so take a little comfort in that and just wait and see. Bottom line, we simply don't know that the information on otcbb.com is true. Until it's released officially it's simply speculation for all of us. IMO

posted August 03, 2004 15:48            

quote:

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Originally posted by Upside:
cool1sh,
I've got to give you credit. To be able to say still long and strong is something else at this point. This makes my blood boil when I think about it, not from a financial standpoint, but when I think of the nerve of the company issuing that many shares, and if it's true let's face it, they purposely hid it from us, and then to think that I fell for it, well again, it makes me boil over.

---

posted August 03, 2004 15:49            

quote:

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Originally posted by Upside:
cool1sh,
I've got to give you credit. To be able to say still long and strong is something else at this point. This makes my blood boil when I think about it, not from a financial standpoint, but when I think of the nerve of the company issuing that many shares, and if it's true let's face it, they purposely hid it from us, and then to think that I fell for it, well again, it makes me boil over.

---

EASY Upside, it's just rumor til we see the PR. With Urban giving away 40 billion of his shares, he must surely own a tremendous amount of the OS. He would definitely not let more than 50% of the company shares be in anyone else's hands. It may be outstanding, but I think most of it "standing out" in Urbans account. Be patient, look at the things that have occured over the past few months. They know what they're doing and they're putting it all together. I know you want to know everything right now, but some information just cannot be made public on our desired timing. You have to trust UC and Roger or there is no reason to be in this.

posted August 03, 2004 16:07            

-------------------------------------------
tmash
Diamond in the Rough

Joined: 18 Jun 2004
Posts: 4

On pal6talk today

Dugg called OTCBB and had them look up the actual notice sent to them. They said that the numbers were given to them by a "D R Glenn". Dugg contacted Melvin whom inturn contacted UC. Dugg was told that the PR was untrue and that they (anybody from CMKX or Glenn's office) did not give that info out. Also, they appear to be "pissed" off about it.

posted August 03, 2004 16:13            

quote:

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Originally posted by tic_toc:
Strangely my post concerning the cheap aquisition of the Juina shares has been wiped.

Again.....

500,000 / 95,502,027 = .0052

500,000 / 127,336,036 = .0039

Juina trades at 0.06. It was probably 0.05 when this deal was struck, so why does CMKX get the shares at more than 10 times cheaper than the trading value?

Can somebody, put this into the equation somewhere?

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posted August 03, 2004 16:14            

quote:

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Originally posted by Money_Penny:
And the plot thickens...from another board:

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posted August 03, 2004 16:22            

quote:

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Originally posted by tic_toc:
I'm going to bring this up again....anyone?????

[QUOTE]Originally posted by tic_toc:
[b]Strangely my post concerning the cheap aquisition of the Juina shares has been wiped.

Again.....

500,000 / 95,502,027 = .0052

500,000 / 127,336,036 = .0039

Juina trades at 0.06. It was probably 0.05 when this deal was struck, so why does CMKX get the shares at more than 10 times cheaper than the trading value?

Can somebody, put this into the equation somewhere?

---

posted August 03, 2004 16:25            

quote:

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Originally posted by bill1352:
1....if they did retire what they said in 2003 they re-issued them. which also means that nevada mining owns more of cmkx then cmkx does
2....UC does not own any shares of cmkx or he would be getting the same dividends as us. the pr said in plain english...because the deal was before the 20th he would not be getting the dividend, it didn't say he coose to give it up even though he still owned shares.
3...with an o/s like that its easy to see why the pps has not gone up. the volume could be 4 billion a day for yrs and it wouldn't move
4...i guess melvin didn't lie about the o/s being 400 billion...it was way over...still don't understand how he would think we would be very happy

---

Let's make sure we qualify your statements here.
My answers to your bullets

1...Speculation, not fact.

2...Speculation, not fact. The PR was not as clear as you state.

3...Not fact. Even if the O/S was 500 billion, at 4 billion a day you would be sold out at 125 trading days. Not years. By the way, many days in the past few weeks we've seen volumes in the 6 to 8 billion.

4...Sarcasm

posted August 03, 2004 16:28            

quote:

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Originally posted by noahltl:

Tic Toc I am very curious why your post keeps getting wiped. Contact the moderator and find out why. This is very curious indeed.

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posted August 03, 2004 16:29            

quote:

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Originally posted by VNGNTN1:
A THOUGHT
I have taken this opportunity (based on apparent CMKX strategy) to buy some GEMM & ECPN. I especially like the ECPN deal:
1-Fe SOLD
2-Au & Ag always good
3-Pt High content
VAN

[This message has been edited by VNGNTN1 (edited August 03, 2004).]

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NO COMMENT ????
TIC-TOC
Been thinking about this no immediate ideas, I did buy some though.
- - - - -
PERSONALLY
I think things are just fine the PPS is holding regardless af all the B$$S, The dividends though small tend to reduce trading by longs:
1- to get the dividend
2- Creating a wait to overcome broker charges for restricted shares.
= = = =
ONE MORE TIME
The PR re ECPN has "VALUE" consider what this means !
VAN

posted August 03, 2004 16:30            

quote:

---

Originally posted by tic_toc:
I'm going to bring this up again....anyone?????

[QUOTE]Originally posted by tic_toc:
[b]Strangely my post concerning the cheap aquisition of the Juina shares has been wiped.

Again.....

500,000 / 95,502,027 = .0052

500,000 / 127,336,036 = .0039

Juina trades at 0.06. It was probably 0.05 when this deal was struck, so why does CMKX get the shares at more than 10 times cheaper than the trading value?

Can somebody, put this into the equation somewhere?

---

posted August 03, 2004 16:31            

How does one verify to OTCBB that they are actually R D GLENN? Maybe one of us should try calling and saying...This is Roger Glenn, a lawyer appointed by CMKX to release public information regarding CMKX. I would like to disclose a new dividend payment on Sept 12. This will be an all cash dividend of .005 per common share of CMKX. BLAH BLAH BLAH...

posted August 03, 2004 16:45            

quote:

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Originally posted by VNGNTN1:
BRAD
Exactly what are you thinking about the "wipe" Was it just a server problem or was there posts that violated some protocal ?
VAN

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I don't recall anything out of the ordinary as far as the content of the posts so I can't imagine that the moderators would have deliberately wiped it away. I have to believe it was a server burp during that time. There were actually some good posts during that time IMO.

posted August 03, 2004 16:48            

quote:

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Originally posted by Brad:
I don't recall anything out of the ordinary as far as the content of the posts so I can't imagine that the moderators would have deliberately wiped it away. I have to believe it was a server burp during that time. There were actually some good posts during that time IMO.

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posted August 03, 2004 16:48            

quote:

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Originally posted by bill1352:
brad...i've been holding and recommending freinds buy cmkx...#2 is fact, read the pr...#1 is also fact..if the o/s is 483 billion then the company has 17 billion in the treasury nevada got 75 billion..i might be wrong but i think 75 is more then 17 and if you add up the prs from 2003 it equals more then 17 billion and as the nevada state board was checked not long ago, less then 1 month and it said 500 billion as the a/s you add it up...next melvin was on the radio and paltalk saying everyone was wrong about the o/s being 400 billion. he even called joel a liar...so tell me again how wrong what i posted is if it turns out that it is a true post on the otc board.

---

posted August 03, 2004 16:49            

CDLIC
Diamondologist

member is offline

Posts: 443
FLASH! IHub Poster Figured Out UC's Master Plan!
« Thread started on: Today at 3:23pm »

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Hi All,

Well, I must say this is one of the most logical explanatons I have ever read regarding UC's Master Plan. The logic in this rings well. And, some is specualtion, nevertheless, IMHO, well founded speculation.

This is from the Investorshub.com board and was posted today.

Let me know your thoughts.

Ciao for now,

CDLIC

From: Drex Tuesday, Aug 3, 2004 12:37 PM
View Replies (1) / Respond to of 1608

I like this one! (take note I believe this is also a "race attending" person, going on my memory)
Written by: Coreton Posted here 07.28.04

I will try to Explain the actions of JEFF this past few weeks and the connections it will have to the OS, UCAD, Nevada Minerals and CMKX.
First of all there are a few things you must Know or have a good Idea about.

1) Nevada Minerals Held 66% of UCAD on 7/17/2004 (Fact)

2) UCAD had 8.5m shares in the float (Fact)

3) Urban Casavant and or friends held the entire OS Plus some shorted shares (I will use 300billion as the Number of shorted shares) (speculation)

4) Nevada Minerals will hold 75 billion shares of CMKX (fact)

5) the Public Float for CMKX will be 40b (speculation)

6) Urban will hold 120b CMKX (speculation)

Now with these things in mind, lets see how they fit together.

The following will be what I SPECULATE may be or could happen.

To explain JEFF and his actions of late we must speculate that UC had in his possession 300b or more of the short issue. This gave Urban some pretty good leverage. I believe that Urban, at some point, sold 200b shares of CMKX to Nevada Minerals for $20m. As part of the agreement Nevada Minerals agreed to sell the shares back to UC at no more than .0004 depending on the pps at the time of buyback. Part of the agreement also gave Urban the exclusive Voting rights to those 200b shares (Proxy). I believe that this is when the AS was raised to 500b.

I think that D. Roger Glenn and E&A were then hired to help Urban Move the 200b from Nevada Minerals and the 300b shorted shares in a manner that would do the least amount of harm to the company and CMKX shareholders.

UC through E&A comes to an agreement with the DTC, SEC and MMs for the MMs to purchase back the 300b shorted shares he holds @.0004. He then Buys back the 200b shares from Nevada Minerals at .0004. Then he retires 160b shares and gives the remaining 40b to the MMs to use to cover what is left of the Shorted issues. All these transactions needed to go through the open market for accountability reasons.

Now a little math here to see how dividends and Racing could be paid for without UC spending a dime.

First the original 200b shares he gave Nevada Minerals for $20million

Then he sold back the 300b shorted shares he bought at .0001 for .0004 a profit of $90 million

Now he buys back the 200 billion from Nevada Minerals at .0004 $80million

That's a net profit of $30million for CMKX and a net Profit for Nevada Minerals of $60 million both of which are non reporting. one is a pink sheet and the other is a Private company. Both are now on the Funny car.

Now then, Lets work on the Share structure. First lets look at Nevada minerals and UCAD.

On 7/17/2004 Nevada Minerals Owned 66% of UCAD I estimate that Nevada minerals held 17 million shares of UCAD with a float of 8.5 million.

On 7/19/2004 UCAD Issued 7.5 million shares to CMKX. Now Nevada Minerals holds only 51.5% but still controlling interest.

Now some speculation based on my own DD on UCAD.

UCAD is in the process of moving to a bigger board and will need to increase their Float to be liquid enough to trade freely. I believe that a forward split of 3-1 will be needed. this will make the float+shares issued to CMKX 48million and Nevada minerals holdings 51 million the AS for UCAD is 100million so as you can see this would only leave 1 million of the AS.

After the 3-1 forward split (which I believe will happen before the August 20th div date) CMKX will now hold 22.5m shares of UCAD for Div . as stated in one of the latest PRs, "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." ( I believe that this is all inclusive) Urban has taken his shares completely out of the picture for the purposes of computing any and all Dividends.

Now we know that Nevada Minerals is going to get 75 billion shares And I believe based on the Number of CIM/CMI shares that are being pledged that our Float will be 40billion so for Urban to hold the company he would have to have more than 115billion shares.

Now with the shares eligible for the dividend at 115 billion and using 22.5 million dividend shares you get 195 shares per Million CMKX. now 75b shares of CMKX held by Nevada Minerals x 195per 1 million CMKX comes to 14.6 million shares add that to the 51 million currently held by Nevada Minerals and they now have 65.6 million shares. WOW is that not where they started with the remaining 1 million of the AS that was not issued that gives Nevada Minerals back their 66% ownership in UCAD but now they have 5 to 15% joint ownership of all of CMKX Claims. that means that UCAD increased their position in the mining world at ZERO cost.

Ok So what's in this for CMKX?? well it is simple in addition to the 60% interest in the 500k acres, if Nevada Minerals still has the 75 billion CMKX shares on August 31st then we have to divide the CIM/CMI shares (40billion) up between 115b shares. This just simply won't do, IMO, Both UCAD, Nevada Minerals and CMKX want CMKX shares to go up in value. I think Between the August 20th and August 31st date you will see a PR stating that Mr. Casavant has agreed to repurchase the 75billion shares from Nevada Minerals to be retired or that Nevada Minerals has agreed to forgo any further dividend on their restricted CMKX shares possibly even retire them. Thus taking them out of the equation for computing Div. so each CMKX share will get 1 Share of CIM/CMI.

This has been a Speculative look at My own DD that I am willing to share with you. please remember that this is only MY OPINION and nothing more

GLTA

posted August 03, 2004 16:50            

You have to consider the huge possibility that insiders such as family members may own over 51% of the company. And, I also think that the PR in regards to UC receiving dividends in UCAD are unclear. You are making an assumption, IMO, that all he had was 40 billion shares. It can be read both ways, the way you say it is supposed to be read, and also in a way where it can be seen as Urban won't be getting any UCAD shares for those 40 billion shares he's given up.

I would bet 200k shares of my cmkx that Urban and his insiders still own at least 51% of the company's stock. Any takers?