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Author Topic:   CMKX IV New Thread....GOT IT - HOLDIN' IT
TradingWizard
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posted August 03, 2004 16:53     Click Here to See the Profile for TradingWizard     Edit/Delete Message   Reply w/Quote
Geeze what a bumpy road today, I cannot keep up with you guys
....FYI every story has ending, and we are not there yet.

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Brad
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posted August 03, 2004 17:01     Click Here to See the Profile for Brad     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by noahltl:
Well here's some well thought out "speculations" from another board. Worth the read.

CDLIC
Diamondologist


member is offline

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


Wow!!! How does somebody have the time to sit down and come up with a theory like that. No clue as to how close it is to being correct but fun to read anyway.

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VNGNTN1
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posted August 03, 2004 17:02     Click Here to See the Profile for VNGNTN1     Edit/Delete Message   Reply w/Quote
SPECULATION PLEASE (Especially SToned Pigeon)
Should we be buying UCAD ???
VAN

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TradingWizard
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posted August 03, 2004 17:05     Click Here to See the Profile for TradingWizard     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by VNGNTN1:
SPECULATION PLEASE (Especially SToned Pigeon)
Should we be buying UCAD ???
VAN

Van I wish I could help you, but I don't know. Just noticed you been calling for some stock buying advice lately.

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Upside
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posted August 03, 2004 17:08     Click Here to See the Profile for Upside     Edit/Delete Message   Reply w/Quote
quote:
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?

Define "Urbans insiders" first.

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VNGNTN1
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posted August 03, 2004 17:09     Click Here to See the Profile for VNGNTN1     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by VNGNTN1:
SPECULATION PLEASE (Especially SToned Pigeon)
Should we be buying UCAD ???
VAN


PS
From long business experience, anytime there is this much manuvering. The people who are "DEEP THINKERS" will win( those that can folow multiple levels of action) We certainly are at a position where this is true. Many of you are here to learn, but a few of you can "mentally" handle the DEEP THINKING which could benefit everyone.
I always felt I was a deep thinker and have proved so in the past, this is a new challenge for me and I need help !!. I will be off board from 8/6-8-14.

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VNGNTN1
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posted August 03, 2004 17:12     Click Here to See the Profile for VNGNTN1     Edit/Delete Message   Reply w/Quote
Sorry Double Post

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

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Brad
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posted August 03, 2004 17:14     Click Here to See the Profile for Brad     Edit/Delete Message   Reply w/Quote
Van, you're deep alright. ;-)

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bill1352
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posted August 03, 2004 17:17     Click Here to See the Profile for bill1352     Edit/Delete Message   Reply w/Quote
IMO i will be suprised if by the middle of sept the o/s is 483 billion...i believed it was high but also had a feeling UC wanted to reduce it greatly without a r/s by retiring shares in some way. why i feel this way i'm not sure maybe in part because of ppl on this board maybe because of listening to melvin but any investor that know even very little about the market knows that a 483 billion o/s is stupid...100 billion dollars worth of diamonds gives us a pps value of .05 a far cry from making a million millionaires unless you have millions of shares. i will be disappointed if it ends up this way because my gut instinct was wrong. even though my last posts are negitive i still hold hope but the fact is that a 483 billion o/s is very negitive.

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VNGNTN1
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posted August 03, 2004 17:17     Click Here to See the Profile for VNGNTN1     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by TradingWizard:
Van I wish I could help you, but I don't know. Just noticed you been calling for some stock buying advice lately.

TW
I have a great deal of experience and part of that is I know that I DON'T KNOW IT ALL, The people here ,working together, can be winners.
VAN

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VNGNTN1
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posted August 03, 2004 17:21     Click Here to See the Profile for VNGNTN1     Edit/Delete Message   Reply w/Quote
BILL
.05 you must be very young. If I see that I will be very happy and you will be much longer for a $1.
VAN

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Brad
Member
posted August 03, 2004 17:27     Click Here to See the Profile for Brad     Edit/Delete Message   Reply w/Quote
Just for fun from Zen

-------------------------------------------
http://www.investorshub.com/boards/read_msg.asp?message_id=3720981

NUMBERS WE CAN ALL RELATE TO.

Let's simply look at this as a business proposition. Let's assume that bashers have induced selling from approximately 400 millon shares held by weak or newbie investors (I doubt the number is that high but let's just say it is). Now let's say all the good news we hope for hits and shorts have to cover. And let's say it takes the price to a conservative 5 cents. Now if we take the actual number of Ms Shell's bashing hours, averaging 50 hours per week for the past 8 weeks (400 total hours) we can deduce the following Return on Investment equation.

Sold shares = 400 million x .0004 = $160,000
Price at which shorts would have HAD to cover = .05 x 400M = $20 million
Cost saved = $20 million - $160,000 = $19,840,000
Per hour return = $19,840,000 divided by 400 hours = $49,600 per hour

Now THAT would be a wise investment in resources and perhaps would help some to understand possible motives for the appearance of certain invidividuals here. As a business proposition, it just makes sense. We believe CMKX is a wise investment. And I believe that whoever may be backing Ms Shell and her merry band may also view their investment as wise. The above figures, if true, would certainly support that.

PLEASE NOTE: I do not believe the above. This is called humor, albeit subtle. (However, I do believe that the bashers probably did only induce 400M or less shares of selling among the 10s of billions traded in the past few weeks.)


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.

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VNGNTN1
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posted August 03, 2004 17:36     Click Here to See the Profile for VNGNTN1     Edit/Delete Message   Reply w/Quote
ALL
Just a Thought !!
Most of you are PennyPeople and that OK. So when someone comments on a $6 stock(UCAD) it may immediately turn you off. That's ok too!
For those of you who are willing to look into the (VALUE,MATH) of this, and never doubt that just because you OWN CMKX that all these other "kinda related companys" don't matter !?!?!?! They are intamately related and the strategic purchase and/or sale of those MAY be MORE important than the PPS of CMKX. or maybe not. My experience tells me if you are unwilling to do the "DUE" you may not come out on top later. That's ok also becuase you may help me make MORE money.
Like I say "just a thought"
VAN

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HarryHar
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posted August 03, 2004 17:36     Click Here to See the Profile for HarryHar     Edit/Delete Message   Reply w/Quote
Upside

Insiders to me means people that would grant Urban the voting rights associated with their share position.

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VNGNTN1
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posted August 03, 2004 18:18     Click Here to See the Profile for VNGNTN1     Edit/Delete Message   Reply w/Quote
HARRY
Insiders are those(anyone) who has information not immediately available to public
1-R.Glenn
2-UC
3-Melvin
4-Partners
5-B O D
- - - -
VAN

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Acherontia styx
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posted August 03, 2004 19:10     Click Here to See the Profile for Acherontia styx     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Upside:
Noah,
The link that was posted yesterday is gone and I don't see one in your post but here it is:
http://www.otcbb.com/asp/dividend.asp?sym_id=CMKX&dDate=08/20/2004&sDateType=Record_da te

The information is still there.


Upside,

Can you tell me how to find that information on OTCBB for myself? I go to the OTCBB Daily List page, enter "CMKX" under Search Criteria, then I select Dividends - Record Date under Category, and use 08/20/2004 as the date range, but CMKX does not come up. What am I doing wrong? Also, what does this mean from your link under Notes, "Will not be quoted Ex."? Thanks.

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HarryHar
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posted August 03, 2004 19:21     Click Here to See the Profile for HarryHar     Edit/Delete Message   Reply w/Quote
Van

I gotta hedge my bet somehow...hahah

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HarryHar
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posted August 03, 2004 19:22     Click Here to See the Profile for HarryHar     Edit/Delete Message   Reply w/Quote
Van

I gotta hedge my bet somehow...hahah

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RaiderJR
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posted August 03, 2004 19:25     Click Here to See the Profile for RaiderJR     Edit/Delete Message   Reply w/Quote
I have my own deep thoughts.

1. If it is true that UC made a deal to sell back shorts to Jeff at .0004, couldnt he take those proceeds and buyback an equal number of real shares at the same price.

Thus a short position of 500 billion would retire 500 billion real shares. 300 billion would retire 300 etc.

The MM's could be retiring all of our shares. Except the ones I own of course.


I believe the 483 billion OS includes all naked shorts. Some DD posted earlier showed how MM's logged them and recorded them.

Of that 483 billion how many would be real shares? That is the issue.

Also no one has shown where a pink company has to provide OS when the dividend is from a reporting company. One post last night stated the OTC.BB could receive the info from either company or MM.

So the MM's could have provided the info. In so doing the MM's may have provided Naked shares as well.


I am of the opinion that OS is not a concern because at .0001 all can be retired for 50 million.In one quick push of the button it can go from 500 billion to 1 billion or less as they work out the details of this company going forward.

What matters is where we end up. If we have diamonds in quantity we will be big winners, period.

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Upside
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posted August 03, 2004 19:44     Click Here to See the Profile for Upside     Edit/Delete Message   Reply w/Quote
originally posted by Acherontia styx:
quote:
Upside,

Can you tell me how to find that information on OTCBB for myself? I go to the OTCBB Daily List page, enter "CMKX" under Search Criteria, then I select Dividends - Record Date under Category, and use 08/20/2004 as the date range, but CMKX does not come up. What am I doing wrong? Also, what does this mean from your link under Notes, "Will not be quoted Ex."? Thanks.


To answer the 2nd part of your question first, this is what I'm assuming they mean. When a stock declares a dividend, an Ex.-dividend date is usually attached to the symbol when you look up a quote on it. The date is to inform you of when you have to own the stock by in order to recieve the dividend. After that date (the Ex-dividend date) the date tag is dropped and the stock is quoted as normal. I'm assuming they're saying CMKX will not be quoted with the Ex. date attatched, possibly because it is a pink sheet stock. To answer the first part, I was not able to enter the proper search criteria either to make it work. I copied the link from another board. What you can do though is copy only the first part of the link, right up to and including the ? after .asp. Paste it into your address bar and it will take you to the otcbb site and it will bring up every company that has declared a dividend of any type. Be patient if you do it though, it takes a long time to load because it is huge! CMKX is about 22nd or 23rd on the list. Last night they were at # 10 so I'm assuming as new companies report, the older ones are pushed down.

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WWJD-thru-me
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posted August 03, 2004 19:50     Click Here to See the Profile for WWJD-thru-me     Edit/Delete Message   Reply w/Quote
Wow, Busy Day. For the record, I am still Long and Strong and did buy more today and will be buying more tomorrow. I aksed a question on one board about if the OTCBB paperwork could have been filed by the ocmpany using the Authorized share number and be legal. I didn't see an answer. I can't remember where I posted the question. Oh Well. I liked the CDLIC post. For some it may too out there. For me this stock is stranger than fiction and I am convinced it is going to do very well. I know they had a naked short problem. I know Roger Glenn is a smart man and we needed and need a smart man to get us through these shark infested waters. I trust this company (and not because I am a naive Pollyanna). I am basing that trust on talking with Melvin about four times and getting a glimpse of his personal integrity. Talking with people who know him and trust him. Reading the Sarbonne Oxley act and catching a glimpse of Roger Glenn's integrity. How many here have read that? The person who drafted that is calling for integrity. UC has made himself available to shareholders at the races. He is said to be a straight up 'what you see is what you get' kind of man. He is not the typical silver tongued con man. He is a loveable Grandfather type who wants to do good. he has worked 17 years putting this together. No one I know works 17 years to get this kind of deal together with these kind of mineral rights and players to make it a con. Playing it straight will make him wealthy beyond his dreams. OK-so that is why I am trusting this company. They have been telling us to wait for the share structure. I admit I do not want to wait. The second I thought I could figure it out I had to leave the house for a long drive and I was doing the Math in my head. No small accomplishment IMO. I came up with the correct number. I had to do it a few times-maybe more because I didn't like the answer, than any other reason. Anyway because I do trust this company I have not had a crazy acid indegestion kind of day. I trust the DD that I have done. I don't know what the ultimate share count is going to be. I had said at the beginning if this only goes to .01 I would be upset. At .05 I stll will be less than happy even though I will have over 2 million dollars. I am still expecting this to be better than a nickle. I have an appreciation for what a couple of million dollars can do but I want to sponsor 1000 Hope Child kids thru World Vision and pay 10 years up front. These will be AIDS orphans and their communities in Africa. It costs $30 a month times 12 months for $360 time 10 years for $3600 times 1000 kids equals $3.6 million. With taxes and a few other things I want to do I can't possibly squeak by with less than $10 Million.

Based on how this stock has traded or not traded as the case may be, Based on the number of complaints made to the SEC-I made one (Am I hearing echoes), and based on the PR's that have been released, the naked short shares were easy to see. UC probably did buy a gaggle of them at .0001 and that is proably how he got Roger Glenn's attention. The SEC and other groups (DTC), (others).probably did devise a plan and it may look like or similar to CDLIC's post. The .0004 price is not natural. This has not been freely trading. The company has not issued PR's that would force a cover although they could have and maybe should have (we would expect them to). How easy would it be to issue a PR? Lots of longs are not upset if the share count is 483 Billion. The last purchase at a cost of 40 Billion shares was a good value. UC isn't running a papermill. If there is a large number of shares I believe we will have a large value. I am not telling anyone to buy, sell, or hold. But think about if this has really run or not. I don't think it is trading freely. I can only see 3 possibilities. UC is dumping shares. I rule that one out but don't rule out the CDLIC scenario of using NS to buy some of these companies and then they can sell them to the MM's to cover the short. The second one is: this is continuing to be Naked Shorted-finding that possible but strange the company and lawyer wouldn't step in once they have the proof unless we will benefit by waiting. Scenario three. The short shares are being somehow retired. If this is true and the price is frozen here I don't see how this arranged price could be bad. Bottom line. I don't know how this will ultimately play out but I do think we will be in the gravy. We have the goods. We have a good team. I am still buying tomorrow. GLTA-DD-IMO-Debi

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WWJD-thru-me
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posted August 03, 2004 20:16     Click Here to See the Profile for WWJD-thru-me     Edit/Delete Message   Reply w/Quote
Raider JR-Good post. I actually thought that was easy to follow the sell back of naked short shares could retire legitimate shares. So the short buy back will retire some real shares and increase shareholder value. It is possible. I don't know how this will ultimately play out but I do believe we will be very pleased in the end.
GLTA-DD-IMO-Debi

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Money_Penny
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posted August 03, 2004 20:20     Click Here to See the Profile for Money_Penny     Edit/Delete Message   Reply w/Quote
Oooooooh my....

On another board, they have identified a single person at Jeffries Industries (JEFF) who they claim is responsible for naked shorting CMKX and holding back the PPS. They have a picture, a phone number and an e-mail address. Let the madness begin.....

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Money_Penny
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posted August 03, 2004 20:52     Click Here to See the Profile for Money_Penny     Edit/Delete Message   Reply w/Quote
This guy is toast. Now they have posted his home address.

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will
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posted August 03, 2004 21:11     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
Y'all wanna have some fun:

The next CMKX " REAG "

See what y'all can find, not much happening with CMKX latelty anyway.

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Bigrod40
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posted August 03, 2004 21:15     Click Here to See the Profile for Bigrod40     Edit/Delete Message   Reply w/Quote
Hey Money, what board did you see this on ????

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HarryHar
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posted August 03, 2004 21:20     Click Here to See the Profile for HarryHar     Edit/Delete Message   Reply w/Quote
yeah what board!?

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Money_Penny
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posted August 03, 2004 21:22     Click Here to See the Profile for Money_Penny     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Bigrod40:
Hey Money, what board did you see this on ????

Can't mention other boards on this forum. Anywho, the thread I was referring to has been deleted by the mods.

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noahltl
New Member
posted August 03, 2004 21:36     Click Here to See the Profile for noahltl     Edit/Delete Message   Reply w/Quote
They took the thread down on this Jeff guy, and I am glad. Until we have all the facts about Jeff's involvement, we have no idea what part this guy played, if any. There are some idiots on other boards who would pay this guy a visit.

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VNGNTN1
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posted August 03, 2004 21:41     Click Here to See the Profile for VNGNTN1     Edit/Delete Message   Reply w/Quote
Does this imply that with this information made public we will now see a normal trading enviroment?
I would think that CMKX should be trading @ about $.002-.005 with a volume of 5-10m daily
and climbing with good PR's
VAN

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

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VNGNTN1
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posted August 03, 2004 21:46     Click Here to See the Profile for VNGNTN1     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by TradingWizard:
Van I wish I could help you, but I don't know. Just noticed you been calling for some stock buying advice lately.

TW
SP owns this stock & may be up to speed on companys financials. That is why I mention this in post.
NOAH
Can you elaborate a bit more on this JEFF situation on other board ?
MP
Please fill in all details on this, if it has been purged none of the rest of us will see it. any little detail can spark an idea.
VAN


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

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

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Money_Penny
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posted August 03, 2004 22:01     Click Here to See the Profile for Money_Penny     Edit/Delete Message   Reply w/Quote
Van,

I will not carry that kind of info over to this board. Someone picked this guy from Jeffry's website, and there is no way to know that he is the ONE. And if he was, I would not want to share the info either because I want no part in any possible illegal activity resulting from this. No way.

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RaiderJR
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posted August 03, 2004 22:02     Click Here to See the Profile for RaiderJR     Edit/Delete Message   Reply w/Quote
answer on the junia numbers problem from another board

quote:
Div of GEMM 25% and 24% mixed up?

If I take the 127.336.036 as the 1st dividend.

if 25% = 127,336,036 then that is 1/4 of 509,344,144 right?

if we subtract 127,336,036 from 509,344,144 it then leaves us with 382,008,108

so if we then divide 382,008,108 by 4 (roughly 24%) then we get 95502027

calculating this way, the numbers in the PR are correct, and also the 1% missing is because of UCAD is the majority owner, so UCAD has to own at least 51%.

please correct me if I'm wrong.


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noahltl
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posted August 03, 2004 22:02     Click Here to See the Profile for noahltl     Edit/Delete Message   Reply w/Quote
Somebody identified the guy who works for JEFF and does the CMKX trading, or at least that is the rumor. Others added his picture, home TX, home address. That's about it, guess they wanted to harass this guy. Kind of shows the intelligence level on some of the other boards.

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Upside
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posted August 03, 2004 22:06     Click Here to See the Profile for Upside     Edit/Delete Message   Reply w/Quote
Raider,
That part of it might make sense but the main question posed by tic_toc is how did they get these shares for $500,000.00? That equates to about 1/10 of the current per share price of GEMM.

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VNGNTN1
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posted August 03, 2004 22:13     Click Here to See the Profile for VNGNTN1     Edit/Delete Message   Reply w/Quote
TIC-TOC
One possible answer to this dilema is that UC put a previous impossible deal together and thus "earned" the deal. In the past I have been involved with some deal where no one had a solution to a problem where a known quantity of goods was waitng for someone to act. Sometimes a complicated deal can make very good money. That is what I saw in the ECPN deal and bought some shares. If developements prove this to be true then confidence will build in regards to UC.
I realize ECPN & GEMM are different companys but they are owned by same company. Certainly the close relationship between CMKX & UCAD would favor UCAD being receptive to a solution of a large problem and would be in a position to create an unusual payment.
VAN

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

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

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cool1sh
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posted August 03, 2004 22:17     Click Here to See the Profile for cool1sh     Edit/Delete Message   Reply w/Quote
Kidding or typo? 5-10 Million or Billion?

I will be VERY happy when I see CMKX trading more than 0020, but won't be surprised.

GLTA


quote:
Originally posted by VNGNTN1:
Does this imply that with this information made public we will now see a normal trading enviroment?
I would think that CMKX should be trading @ about $.002-.005 with a volume of 5-10m daily
and climbing with good PR's
VAN

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


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highwaychild
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posted August 03, 2004 22:25     Click Here to See the Profile for highwaychild     Edit/Delete Message   Reply w/Quote
GEMM,now that is a good stock symbol.Makes one think gems.Anyway
Yea Van, I'm with ya.Now that we have an O/S?...,I think,maybe.It leaves us as to what's next on the agenda...the core samples?

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VNGNTN1
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posted August 03, 2004 22:30     Click Here to See the Profile for VNGNTN1     Edit/Delete Message   Reply w/Quote
COOL
5m-10m
Once outside influence is gone and value is reinstated. People will have some good facts to use thru reporting, there is no reason I can see for the huge volume we have experienced. It is my belief that once the speculators determine the swing ability is gone, the real investor mentality will take over. Nothing wrong with the swingers that's reality, but reality changes.
VAN

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

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Upside
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posted August 03, 2004 22:35     Click Here to See the Profile for Upside     Edit/Delete Message   Reply w/Quote
Van,
Are you basing this on the assumption that the 480billion o/s figure is correct?

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VNGNTN1
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posted August 03, 2004 22:36     Click Here to See the Profile for VNGNTN1     Edit/Delete Message   Reply w/Quote
HIGHWAY
Maybe
Consider that UC is a wheeler /dealer and may not be comfortable in the day to day operation of a mine. I am waiting for the inevitable annoucement that they have hired a bussiness type manager to run the deals UC loves to make. Then you will see some real acceleration. (maybe I should send up a resume)
VAN

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cool1sh
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posted August 03, 2004 22:39     Click Here to See the Profile for cool1sh     Edit/Delete Message   Reply w/Quote
Okay, seems like 5-10M volume is very less with no R/S.

As per pps, I think it won't be less than 0003 (Knock on wood) even with this 483B O/S. We can't do anything but wait until Sep/Oct to see good or bad IMO.

Good luck to everyone. Good night all..


quote:
Originally posted by VNGNTN1:
COOL
5m-10m
Once outside influence is gone and value is reinstated. People will have some good facts to use thru reporting, there is no reason I can see for the huge volume we have experienced. It is my belief that once the speculators determine the swing ability is gone, the real investor mentality will take over. Nothing wrong with the swingers that's reality, but reality changes.
VAN

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


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VNGNTN1
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posted August 03, 2004 22:41     Click Here to See the Profile for VNGNTN1     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Upside:
Van,
Are you basing this on the assumption that the 480billion o/s figure is correct?


NO
Iam not assuming anything. Not sure we have really verified that number. In anycase it is my belief that shareholders are not trading 4t shares a day and once confidence in all facets of the operation are reported on a regular basis shareholder will tend to hold longer. This will take some time and we may go thru a tough time if the O/S is high.If solid verifible facts are released I think you will see a brief 2-3week buying period, regardless of o/s.
VAN

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highwaychild
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posted August 03, 2004 22:48     Click Here to See the Profile for highwaychild     Edit/Delete Message   Reply w/Quote
I am sensing a pattern.He does have the mineral rights.I don't know how he got 'em, but he does.Now CMKX is getting in good with some miners.
Van,I'm a limestone mine surveyor(sometimes). We'll both put in a resume.

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Brad
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posted August 03, 2004 22:49     Click Here to See the Profile for Brad     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by noahltl:
Somebody identified the guy who works for JEFF and does the CMKX trading, or at least that is the rumor. Others added his picture, home TX, home address. That's about it, guess they wanted to harass this guy. Kind of shows the intelligence level on some of the other boards.


That's just scary. I'm glad they took the post down. Those people on the board have no idea whether that guy has anything to do with this stock or not. Have they ever heard of innocent until proven guilty?

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Upside
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posted August 03, 2004 22:55     Click Here to See the Profile for Upside     Edit/Delete Message   Reply w/Quote
originally posted by noahltl:
quote:
Somebody identified the guy who works for JEFF and does the CMKX trading, or at least that is the rumor. Others added his picture, home TX, home address. That's about it, guess they wanted to harass this guy. Kind of shows the intelligence level on some of the other boards.

They posted his home address?! That guy better move, like tonight. Guilty or not, some nut is bound to pay him a visit.

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noahltl
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posted August 03, 2004 23:37     Click Here to See the Profile for noahltl     Edit/Delete Message   Reply w/Quote
Check out Pedro's take on the OS


Posted by: Pedro2004
In reply to: None Date:8/3/2004 8:18:08 PM
Post #of 69884

Information on O/S that may be of interest.

I was rereading the SEC purchase contract filed by UCAD.

A lot of people questioned about UC holding more than 50% of the outstanding shares of CMKM.

I believe I may have proof that this is true.

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

I believe we are all aware that corporate decisions must be approved by:
1. The Board of Directors , and
2. A majority shareholder approval (51%).

In order for CMKM to approve the sales of assets to UCAD, both items above must have been approved at some unknown meeting.

I was never mailed any voting ballots nor have I signed a proxy allowing another individual to vote on my behalf.

So let’s stick with item 2 above “A majority shareholder approval (51%).”

Under Nevada Corporate Law any decisions to buy and/or sell assets of the corporation must be approved by a majority shareholder vote.

NRS 78A.070 Shareholders’ agreements: Authority to enter; effect; amendment.
1. All shareholders of a close corporation who are entitled to vote may agree in writing to regulate the exercise of the corporate powers and the management of the business and affairs of the corporation or the relationship among the shareholders of the corporation.
http://www.leg.state.nv.us/NRS/NRS-078A.html#NRS078ASec080


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

I was reviewing the UCAD purchase agreement and discovered something very interesting. (Section 5..)

5.1 Organization of Seller; Authorization. Seller is a
corporation duly organized, validly existing and in good standing
under the laws of Nevada with full corporate power and authority to
execute and deliver this Agreement as it pertains to any
representations or untertakings of Seller. The execution,
delivery and performance of this Agreement has been duly
authorized by all necessary corporate actions of Seller and this
Agreement constitutes a valid and binding obligation of Seller,
enforceable against it in accordance with its terms.
http://www.sec.gov/Archives/edgar/data/1104194/000123224704000032/enio12.txt


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

At some time there was a meeting held about the sale of assets to UCAD.

At this meeting CMKM Board of Directors voted and approved the sell of assets to UCAD.

At this meeting a majority interest (more than 51%) of CMKM Shareholders voted and approved the sell of assets to UCAD.

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

The same scenario is used for the purchase of “25% of Juina Mining.”

At some time there was a meeting held about the purchase assets in Juina Mining.

At this meeting CMKM Board of Directors voted and approved the purchase of assets in Juina Mining.

At this meeting a majority interest (more than 51%) of CMKM Shareholders voted and approved the purchase of assets in Juina Mining. /
/
/

What this is saying is that no matter “what” the issued and O/S of CMKM shares, UC and the CMKM Board of Directors have always maintained a 51% shareholder voting privilege.

Worst case scenario on the Float is:

Assuming 500 billion shares issued
UC and CMKX Board of Directors 251 billion shares
Shares issued to Nevada Minerals 75 billion shares

(500 B) less (251 B) less (75 B) = 174 billion

Worst case scenario is 174 billion float shares

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Brad
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posted August 03, 2004 23:53     Click Here to See the Profile for Brad     Edit/Delete Message   Reply w/Quote
Well with no official news coming out today I'll take this oppurtunity to go to bed early tonight. I'll be back when news comes out. Good night all.

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StonedPigeon
Member
posted August 04, 2004 00:25     Click Here to See the Profile for StonedPigeon     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by VNGNTN1:
SPECULATION PLEASE
Should we be buying UCAD ???
VAN

Well ?

(long pause)

Buy what the money is buying!

CMKX

UCAD seems to think there is something in Cmkx worth 3mil ?

So far all I've seen is what goes around comes around?

(which means no money really changes hands just stock)

A: ucad
to
B:cmkx
To
c:

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StonedPigeon
Member
posted August 04, 2004 00:35     Click Here to See the Profile for StonedPigeon     Edit/Delete Message   Reply w/Quote
gemm : which is owned by A

Buy the cow not the milk---------CMKX

I may be right I may be wrong I may be crazy!

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