Topic Closed |
Allstocks.com's Bulletin Board
Micro Penny Stocks, Penny Stocks Under $0.10 CMKX IV New Thread....GOT IT - HOLDIN' IT (Page 1)
|
UBBFriend: Email This Page to Someone! This topic is 45 pages long: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 |
next newest topic | next oldest topic |
Author | Topic: CMKX IV New Thread....GOT IT - HOLDIN' IT |
noahltl New Member |
posted July 18, 2004 11:08
The DIVIDEND is a turning point for CMKX. The next week will be extremely busy on the thread, so I thought we should start a new one. Most of the DD on the old one will be useless now, and new information will be extremely important as we surge ahead. CMKX - What a great stock. July 18, 2004 04:47 AM US Eastern Timezone CMKM Diamonds, Inc. Announces Dividend to Shareholders of Record Date and Option Agreement DENVER--(BUSINESS WIRE)--July 18, 2004--CMKM Diamonds, Inc. (Pink Sheets:CMKX) is pleased to have reached a purchase agreement with U.S. Canadian Minerals, Inc. (OTC BB:UCAD) to which U.S. Canadian Minerals Inc. will be purchasing 5% of all mineral claims held by CMKM Diamonds, Inc. in exchange for 7.5 million shares of UCAD. CMKM Diamonds, Inc. will later issue these shares to all shareholders of record on August 20, 2004. In addition, UCAD has a 1 year option agreement to purchase an additional 10% interest of all mineral claims held by CMKM Diamonds, Inc. for a total of $15 million U.S. dollars payable to CMKM Diamonds, Inc. Mr. Rendall Williams, CEO for UCAD, stated: "Having the opportunity to have worked with the management of CMKM Diamonds, Inc. on the Carolyn Pipe and on the Goldak Airborne surveys, we are looking to move aggressively forward in building shareholder value for both companies." Urban Casavant, CEO CMKM Diamonds, Inc., stated: "We are looking to move forward as a team in order to create a winning formula for success of bothe companies as well as their shareholders!" More details will be released in future news releases. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risks and uncertainties, including, without limitation, demand and competition for the Company's products and services, the availability to the Company of adequate financing to support its anticipated activities, the ability of the Company to generate cash flow from operations and the ability of the Company to manage its operations. CMKM Diamonds, Inc. Announces Joint Venture Option Agreement With United Carina Resources Corp. and Consolidated Pine Channel Gold Corp. There is no guarantee that further exploration or drilling will produce any economic benefit to the Company or the shareholders of the Company. This Press Release contains "forward-looking" statements as that term is defined by Section 27A of the Securities Act of 1933, as amended, (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended, (the "Exchange Act"). All statements that are included in this Press Release other than statements of historical fact are "forward-looking" statements. Although Management believes that the expectations reflecting in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations as disclosed herein, including without limitation, in conjunction with these forward-looking statements contained in this Press Release. SOURCE: CMKM Diamonds, Inc. Diamonds Hotline XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX U.S. Canadian Minerals Announces Option U.S. Canadian Minerals has the right to acquire an option to purchase a 25% interest in 27 mineral claims, which are comprised of approximately 22,447 acres. These claims are located in the province of Saskatchewan, Canada and were named the Smeaton Property by the optionor. The property is located in central Saskatchewan north of Fort a la Corne and situated within the boundaries of NTS 73-H-07. The grant of option shall be made in consideration of the total payment of $50,000USD. U.S. Canadian must spend or cause to be spent, an aggregate of $200,000 Cdn. on a program of exploration and development work on the property, on or before March 31, 2005 to complete the purchase. United Carina Resources Corp. shall retain 25% interest; Consolidated Pine Channel Gold Corp. will also retain 25%, and CMKM Diamonds will retain the remainder 25% interest. There is no guarantee that further exploration or drilling will produce any economic benefit to the company or the shareholders of the company. 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. Company Web site: www.uscanadian.net SOURCE: U.S. Canadian Minerals, Inc. U.S. Canadian Minerals Inc., Las Vegas [This message has been edited by noahltl (edited July 18, 2004).] IP: Logged |
noahltl New Member |
posted July 18, 2004 11:22
Well, the PR looks like a return "salvo" at the MM's. They have until August 20 to either come up with UCAD shares @ $3.40 pps, or buy back enough shares from us to cover their naked position. Chances are good, that they'll try to buy our shares. DON'T SELL The bashers will be here, remindinding you of the last run and drop, and trying to convince you to sell. They'll have "fatherly" advice, that you should sell enough to get your free shares. DON'T SELL There will be conspiracy theories galore. DON'T SELL As a matter of fact, if you can "GET CMKX", get more, and DON'T SELL IP: Logged |
bill1352 Member |
posted July 18, 2004 11:28
i agree noah i wish i had more cash to buy with had figured on sending in more cash at the end of the month...nothing to sell because it would be at a huge loss and we still have no sure thing here just a more then likely IP: Logged |
noahltl New Member |
posted July 18, 2004 11:29
Posted by: Casprs1 In reply to: None Date:7/18/2004 10:27:35 AM Post #of 54973 Dividend math.... can this be correct? 500B O/S = .00005 This would mean that if you hold 10M shares you would receive: 500B O/S = $500 I arrived at this by taking $25M dividend and splitting it up between all O/S. Comments? IP: Logged |
Money_Penny Member |
posted July 18, 2004 11:30
How many MMs do you think are going to church this morning for the first time? hehehe IP: Logged |
noahltl New Member |
posted July 18, 2004 11:32
UCAD O/S is 55,644,000 EOM! IP: Logged |
noahltl New Member |
posted July 18, 2004 11:41
This is certainly not the last PR. Much more to come. This dividend deal with UCAD was not what E & A was brought on board for. Urban could have done this one on his own. IP: Logged |
Money_Penny Member |
posted July 18, 2004 11:45
quote: Especially, since I noticed a misspelled word on it!!! IP: Logged |
will Member |
posted July 18, 2004 11:49
Let's eat this elephant one bite at a time. We know there is a dividend, how much it's worth hinges on the O/S, plus the revelation of naked shorts will have an impact on the PPS. I think those two things are enough to chew on and speculate about now.
quote: IP: Logged |
noahltl New Member |
posted July 18, 2004 11:54
U.S. CANADIAN MINERALS, INC. STATEMENT OF STOCKHOLDERS' EQUITY FOR THE MONTHS ENDED MARCH 31, 2004 (UNAUDITED) Accumulated Issuance of preferred stock Issuance of common stock Issuance of common Conversion of preferred Issuance of common stock Net loss -- -- -- -- -- -- -- (3,328,978) (3,328,978) Balance at March 31, 2004 17,900 $ 18 140,000 $ 140 7,610,078 $ 7,610 $24,507,750 $(18,345,462) $ 6,170,056 http://old.edgarpro.com/edgar_conv_html/2004/05/21/0001019687-04-001152.html#FIS_BALANCE_SHEET IP: Logged |
bill1352 Member |
posted July 18, 2004 11:57
will....i guess then we agree...you are right about the set value as in what would someone pay today but i also think that ucad got a bargin basement price because they are already a part of the rights and i also think UC and Roger were looking for a way to deal with the naked shorting...if you look at this its a easy cheap way to firce the mm's to cover it gives them a chance to cover without a huge hit to the stock market as a whole because the last thing our economy needs is a big stock market scandel (though that may still happen because of other stocks), it may give the pps a big lift and it puts a few bucks in every stockholders pocket all for 5% of our claims...if it is naked shorted by a large amount i think the pps will end up much more then 5% higher IP: Logged |
will Member |
posted July 18, 2004 12:03
bill, I would be shocked if UCAD didn't get a most favorable deal, and I would also be shocked if UCAD doesn't have Urban's fingerprints all over it. I would think the next company that comes along looking to purchase claims will see that the price of poker has gone up. IP: Logged |
bill1352 Member |
posted July 18, 2004 12:07
ya...like debeers...i've always had an idea in the back of my mind and that article about jr mining companies sort of agreed with my idea that UC has no real plan to carry this to the finish. i think at some point a yr or 2 in the future he will sell off his stake to debeers or a large mining co. but thats just my opinion IP: Logged |
bill1352 Member |
posted July 18, 2004 12:09
but to do that he has to have the controling interest in this stock which means the float may not be over 200 billion if the rumor of a 400 billion o/s is true IP: Logged |
will Member |
posted July 18, 2004 12:11
The dividend gets divided ampungst the O/S not the float, correct? quote: IP: Logged |
RobinO Member |
posted July 18, 2004 12:11
quote: New information? These PRs are from March. Did I miss something... -R IP: Logged |
bill1352 Member |
posted July 18, 2004 12:15
will i think that is right it would apply to the o/s not the a/s as some share may not have been issued just approved to possibly be issued...also if this becomes a fully reporting company am i correct in that any insider shares become restricted and thus also not part of the float? IP: Logged |
will Member |
posted July 18, 2004 12:18
Sounds good to me. My point was though that the dividend is distributed to all O/S even Urban's. quote: IP: Logged |
bill1352 Member |
posted July 18, 2004 12:21
as to what part of the claims ucad gets i dont think its a i pick these acres and you get those...i'm in the prossess of merging with another company right now and the percenage split is based on the final total of all profits not we get the profits from these jobs and you get the profits from those jobs...all 4 companies split the 100% total by the % they have rights too IP: Logged |
bill1352 Member |
posted July 18, 2004 12:22
yep i think thats correct will IP: Logged |
noahltl New Member |
posted July 18, 2004 12:30
From another board jcglobal657 18 Jul 2004, 12:25 PM EDT Msg. 44666 of 44668 Jump to msg. # In praise of the management. Do you all see what has happened here in the last couple of weeks? Big buying yet price does not go up. This goes on for weeks. Then thurs / friday of last week we see a more normal trading pattern. (guess is that significant sohrts covering. big dogs finishing up eating). PR, national exposure. Price moves up. PR over the weekend. There is no pinkie that issues PR's like CMKX IMHO. Short, to the point, factual, not pump garbage like you see with most of the pinks. Folks, this is not just a happensatnce. There is a well thought out professional plan here and we are in the middle of it. This company is going places. Someday somebody will write up a case study on this baby and it will go int Biz school text books. (boy, that Joel juy must be kinking himdelf in the head about now huh?) Good luck all, God Bless and fasten your seatbelts. All above is my opinion and must be viewed as such. IP: Logged |
noahltl New Member |
posted July 18, 2004 12:35
CMKX unofficial board re-opened. IP: Logged |
Str8Shooter Member |
posted July 18, 2004 12:38
There are two major questions that stick out in my mind now are: #1. Who decides what 5% of the claims that UCAD in going to get? Do they get the pick the location that they want, and will they take the biggest hot spots. Or will CMKX be able to tell them which portion is theirs? #2. What will UC do with the funds he now has available to him? Will this go towards his portion of the claims and the ultimate goal of finding and mining diamonds. Or will he continue to waste it on these race cars? In any case, things are looking up again. I'm sure it will take Wallace a day or two to think of a way to put a negative spin on this news. But we all know he will find a way. He's allowed to though, its a free country. Thanks to all, and Good Luck!!! IP: Logged |
noahltl New Member |
posted July 18, 2004 12:39
Shareholder Speculation of the effect of the PR last night....
Stockholder 2 means UCAD shares in Exchange ... 1 means Cmkx O/s IP: Logged |
noahltl New Member |
posted July 18, 2004 12:44
Sorry, I couldn't get the columns to line up right on above post. To view the possibilities depending on OS please go to: http://dallas-texas.net/StockTalkDonations/stockholder.htm IP: Logged |
noahltl New Member |
posted July 18, 2004 13:12
From another board: Read your original and replies...remember gang if there has been naked shorting...well the MMs are going to run wild over the next few days to cover by 20 August...men and ladies come the morning bell the clock is ticking...key here is don't SELL under any condition...we now have an old fashion case of supply and demand...MM need shares...we have them...make them name our price...we should have a nice picture one way or another because "the first bomb has been dropped"...after the meeting Wednesday in LV there might be other bombs dropped...I call this up coming week the "Restitution Week for MMs..." So be cool and watch the board as most old timers say and ask questions newtimers and don't do anything rash...we're all wearing the same uniform now of "green money"...Great News...lol for everyone... IP: Logged |
tahoechris Member |
posted July 18, 2004 13:17
Don't sell, but don't sell for yourselves. The mms wont be able to pick up enough shares from us, but hold for your own gain! IP: Logged |
noahltl New Member |
posted July 18, 2004 13:26
New CMKX-treme site is up: http://cmkx.digitalearthmedia.com/ IP: Logged |
flashovertx Member |
posted July 18, 2004 13:53
Does anyone else see the similar relationship with these two websites?? http://www.uscanadian.net/ http://cmkx.digitalearthmedia.com/ IP: Logged |
finky4x2 Member |
posted July 18, 2004 13:56
From Dr. D « Thread started on: Today at 1:36pm » -------------------------------------------------------------------------------- http://cmkxdiamonds.********s28.com/index.cgi?board=rumors&action=display&num=1090172409 This is a very well thought out move by Urban and D. Roger Glenn. The announcements in this PR show us who we have guiding this company and that they know how to get things done in the order they need to get done in. Many wondered about the R/S that UCAD had at 125 to 1 in January 2004, but it could be that Urban’s plan was already in action. UCAD and CMKM Diamonds have been side by side next door neighbors in Vegas for a while. Let me mention two important events about UCAD. 1. As of May 18, 2004, the issuer had 7,770,745 shares of common stock issued and outstanding. 2. COMMON STOCK - In January 2004, the Company approved a 125-to-1 reverse stock split of its common stock. Accordingly, the accompanying financial statements have been retroactively adjusted from inception. Now lets take into consideration our latest PR in CMKX. We will look at it in two segments. CMKM Diamonds, Inc. (Pink Sheets:CMKX) is pleased to have reached a purchase agreement with U.S. Canadian Minerals, Inc. (OTC BB:UCAD) to which U.S. Canadian Minerals Inc. will be purchasing 5% of all mineral claims held by CMKM Diamonds, Inc. in exchange for 7.5 million shares of UCAD. CMKM Diamonds, Inc. will later issue these shares to all shareholders of record on August 20, 2004. In addition, UCAD has a 1 year option agreement to purchase an additional 10% interest of all mineral claims held by CMKM Diamonds, Inc. for a total of $15 million U.S. dollars payable to CMKM Diamonds, Inc. Too, one of the grand parts of this is that UCAD only has about an 7.7 million O/S as of May 18, 2004 and you add another 7.5 million for CMKX and that makes it 13.2 million O/S. Not only does CMKX have 49% of UCAD but the float on an O/S of 13.2 million has to be in the thousands or 100’s of thousands. What does that mean? That means that with the statement that came out in the PR showing CMKX’s intentions of giving these shares to the shareholders then that puts a squeeze on the market makers and brokerage firms that have naked short sold CMKX like they can’t imagine. How is that? Lets say there are only 1 million naked short sells (although it is likely to be in the 100’s of billions) with a float of 100,000 for UCAD. The market makers and or brokerage firms will have to pay to the naked short positions any share dividend CMKX gives to their shareholders. Quite frankly they can’t do that. The volume for UCAD in the last 6 months could be summarized like this: Therefore in my opinion it would be impossible for the market makers and brokerage firms to cover the naked short shares with UCAD shares meaning they will have to COMPLETELY COVER ALL NAKED SHORT SELLS to CMKX or be exposed for all to see. The MM’s do have another option of actually trying to buy UCAD shares at $3.40 plus per share to cover the naked short positions they would owe in share dividend to CMKXers, but we all know that isn’t going to happen. What does that mean? Depending on the total naked short sell position and any CMKXers that are crazy enough to want to sell. The short squeeze is on. The fewer that are ready to sell the higher the PPS will have to go to make the pay off for investors worth the sell. How high can it go? Depending on the number of actual Naked short sells that have to be covered and the strength of investors to hold out for more. If we do have a huge naked short position against the MM’s say in the neighborhood of 100 billion (est by many to be 1 trillion) then the float for CMKX is all the MM’s can use to cover their positions. We are the float and if we don’t sell then the PPS has to keep climbing until the float increases to the point of the MM’s paying out there 100 billion or more naked short sell positions to CMKXers. Don’t be surprised if the PPS doesn’t jump early Monday or at all Monday! Why? Because the MM’s are going to try and disguise the fact that they are in a pickle with a naked short sell position. If they open very high to try and get the shares then others will see the dilemma is real and will begin holding out for more. In my opinion I look for the MM’s to lay back like nothing is wrong and try and keep the PPS down as to discourage investors into believing there is no naked short position or gap up in price coming and thus deceiving them into selling. Don’t think that many won’t be fooled by this because they will. Don’t be deceived by anything the MM’s do over the next few days. This maneuver by Urban and D. Roger Glenn is intentional, well thought out, and brilliant. Whatever you do, if you can, hold, hold, hold! The record date of 20 Aug 2004 is just as ingenious for the MM’s now have an absolute deadline before them and all issues with naked short sold securities have to be settled by this date or else. Every one. This gives them room to cover without backing them into a corner where they can’t get out. We are not interested in killing off MM’s only putting a limp in their stride and hopefully teaching them a lesson they will never forget. The additional comments on this first section of the PR: This is a guaranteed wave 2 on the MM’s or anyone else that tries to hold out through the deadline. This can be exercised anytime during this set year such as on 21 Aug 2004 if the MM’s manage somehow to miraculously slip through the first deadline. Some see 10% at $15 million when the first 5% was at a net worth of 25.5 million as discouraging. That is silly. We, as CMKXers, will have 49% of the O/S of UCAD and it would be taking from the left hand to pay the right hand. This second option on hand for another round of kicking MM and brokerage firm butt is not intended to diminish neither the long term possibilities of CMKX nor our new dividend investments in UCAD. It is what it is: A GUARANTEED ROUND 2 and then 3 and 4 if the MM’s or anyone else wants it. We all know they don’t.
Urban Casavant, CEO CMKM Diamonds, Inc., stated: "We are looking to move forward as a team in order to create a winning formula for success of both companies as well as their shareholders!" More details will be released in future news releases. This is another phase of the 1 - 2 punch. The key words here by Mr. Williams are “we are looking to move aggressively forward” and “in building shareholder value for both companies.” And Urbans key words are “We are looking to move forward as a team” and “in order to create a winning formula for success of both companies as well as share holders”. We now have an incredible partner in getting the MM’s off our back and keeping the MM’s off our back. The aggressive forwardness shows that all delays are behind us and both agree the time is now to move forward with establishing sound value for both companies. Urban carries the shareholders a little closer than Mr. Williams did by calling us a “team” and thus co-creators of a winning formula for company and share holders. This answers one of the question’s I posted early this morning about the How and When. This is only the beginning of this thing so don’t get antsy and sell. We still have incredible variables in play that can increase this soon to come boost exponentially. We all knew the naked short sell position would have to be dealt with before any true share structure and PR’s could be released with any significance so we can experience full impact of the great news ahead. I will reiterate what I have said in the past that: “This is not the end, this is not even the beginning of the end, but it is perhaps the end of the beginning.” Dr.D I have to run. More thoughts will come later. Success to all! Dr.D IP: Logged |
HarryHar Member |
posted July 18, 2004 14:16
Straight Shooter IMO, think about when the market opens Monday. With this PR out, think about which way our PPS is heading. With the new price valuations of our stock, it is exciting for us that hold...anticipating a nice increase in PPS for the next month. Without publicity, who's gonna be buying these shares from the shareholders to keep that price climbing? It's not gonna be bought up by us that are already in this from the get go. It will be bought up by new investors that are just finding out about the company and wanting in! These people will never have known the .0001-.0004 days. The investors that are going to buy our .0012 and .005 shares will most likely be the car fans that have just recently learned about CMKX amongst some of us that are still buying at that point. Urban knew that at each step of the increase in PPS, it was extremely important to have a good demand on the stock so as to support its gradual price increase. With new investors, it helps to form a base more easily. When the stock is .001, they will think that is cheap for a company like CMKX. Just like we thought .0001 was cheap when most of us bought in. Urban did the right thing by sponsoring cars/trucks/races. This is just proves that he is smarter than most give him credit for. Without this publicity and new public interest, the price of our stocks will only go as high as people are willing to pay for it. And no one can buy it if no one knows about it! Sponsoring the races may be the best thing Urban has ever done for the shareholders next to working out the dividend. He is creating a market that will support our pps going up up up! IP: Logged |
noahltl New Member |
posted July 18, 2004 14:19
Here's DR D's take on the new developments This is a very well thought out move by Urban and D. Roger Glenn. The announcements in this PR show us who we have guiding this company and that they know how to get things done in the order they need to get done in. Many wondered about the R/S that UCAD had at 125 to 1 in January 2004, but it could be that Urban’s plan was already in action. UCAD and CMKM Diamonds have been side by side next door neighbors in Vegas for a while. Let me mention two important events about UCAD. 1. As of May 18, 2004, the issuer had 7,770,745 shares of common stock issued and outstanding. 2. COMMON STOCK - In January 2004, the Company approved a 125-to-1 reverse stock split of its common stock. Accordingly, the accompanying financial statements have been retroactively adjusted from inception. Now lets take into consideration our latest PR in CMKX. We will look at it in two segments. CMKM Diamonds, Inc. (Pink Sheets:CMKX) is pleased to have reached a purchase agreement with U.S. Canadian Minerals, Inc. (OTC BB:UCAD) to which U.S. Canadian Minerals Inc. will be purchasing 5% of all mineral claims held by CMKM Diamonds, Inc. in exchange for 7.5 million shares of UCAD. CMKM Diamonds, Inc. will later issue these shares to all shareholders of record on August 20, 2004. In addition, UCAD has a 1 year option agreement to purchase an additional 10% interest of all mineral claims held by CMKM Diamonds, Inc. for a total of $15 million U.S. dollars payable to CMKM Diamonds, Inc. Too, one of the grand parts of this is that UCAD only has about an 7.7 million O/S as of May 18, 2004 and you add another 7.5 million for CMKX and that makes it 13.2 million O/S. Not only does CMKX have 49% of UCAD but the float on an O/S of 13.2 million has to be in the thousands or 100’s of thousands. What does that mean? That means that with the statement that came out in the PR showing CMKX’s intentions of giving these shares to the shareholders then that puts a squeeze on the market makers and brokerage firms that have naked short sold CMKX like they can’t imagine. How is that? Lets say there are only 1 million naked short sells (although it is likely to be in the 100’s of billions) with a float of 100,000 for UCAD. The market makers and or brokerage firms will have to pay to the naked short positions any share dividend CMKX gives to their shareholders. Quite frankly they can’t do that. The volume for UCAD in the last 6 months could be summarized like this: Therefore in my opinion it would be impossible for the market makers and brokerage firms to cover the naked short shares with UCAD shares meaning they will have to COMPLETELY COVER ALL NAKED SHORT SELLS to CMKX or be exposed for all to see. The MM’s do have another option of actually trying to buy UCAD shares at $3.40 plus per share to cover the naked short positions they would owe in share dividend to CMKXers, but we all know that isn’t going to happen. What does that mean? Depending on the total naked short sell position and any CMKXers that are crazy enough to want to sell. The short squeeze is on. The fewer that are ready to sell the higher the PPS will have to go to make the pay off for investors worth the sell. How high can it go? Depending on the number of actual Naked short sells that have to be covered and the strength of investors to hold out for more. If we do have a huge naked short position against the MM’s say in the neighborhood of 100 billion (est by many to be 1 trillion) then the float for CMKX is all the MM’s can use to cover their positions. We are the float and if we don’t sell then the PPS has to keep climbing until the float increases to the point of the MM’s paying out there 100 billion or more naked short sell positions to CMKXers. Don’t be surprised if the PPS doesn’t jump early Monday or at all Monday! Why? Because the MM’s are going to try and disguise the fact that they are in a pickle with a naked short sell position. If they open very high to try and get the shares then others will see the dilemma is real and will begin holding out for more. In my opinion I look for the MM’s to lay back like nothing is wrong and try and keep the PPS down as to discourage investors into believing there is no naked short position or gap up in price coming and thus deceiving them into selling. Don’t think that many won’t be fooled by this because they will. Don’t be deceived by anything the MM’s do over the next few days. This maneuver by Urban and D. Roger Glenn is intentional, well thought out, and brilliant. Whatever you do, if you can, hold, hold, hold! The record date of 20 Aug 2004 is just as ingenious for the MM’s now have an absolute deadline before them and all issues with naked short sold securities have to be settled by this date or else. Every one. This gives them room to cover without backing them into a corner where they can’t get out. We are not interested in killing off MM’s only putting a limp in their stride and hopefully teaching them a lesson they will never forget. The additional comments on this first section of the PR: This is a guaranteed wave 2 on the MM’s or anyone else that tries to hold out through the deadline. This can be exercised anytime during this set year such as on 21 Aug 2004 if the MM’s manage somehow to miraculously slip through the first deadline. Some see 10% at $15 million when the first 5% was at a net worth of 25.5 million as discouraging. That is silly. We, as CMKXers, will have 49% of the O/S of UCAD and it would be taking from the left hand to pay the right hand. This second option on hand for another round of kicking MM and brokerage firm butt is not intended to diminish neither the long term possibilities of CMKX nor our new dividend investments in UCAD. It is what it is: A GUARANTEED ROUND 2 and then 3 and 4 if the MM’s or anyone else wants it. We all know they don’t.
Urban Casavant, CEO CMKM Diamonds, Inc., stated: "We are looking to move forward as a team in order to create a winning formula for success of both companies as well as their shareholders!" More details will be released in future news releases. This is another phase of the 1 - 2 punch. The key words here by Mr. Williams are “we are looking to move aggressively forward” and “in building shareholder value for both companies.” And Urbans key words are “We are looking to move forward as a team” and “in order to create a winning formula for success of both companies as well as share holders”. We now have an incredible partner in getting the MM’s off our back and keeping the MM’s off our back. The aggressive forwardness shows that all delays are behind us and both agree the time is now to move forward with establishing sound value for both companies. Urban carries the shareholders a little closer than Mr. Williams did by calling us a “team” and thus co-creators of a winning formula for company and share holders. This answers one of the question’s I posted early this morning about the How and When. This is only the beginning of this thing so don’t get antsy and sell. We still have incredible variables in play that can increase this soon to come boost exponentially. We all knew the naked short sell position would have to be dealt with before any true share structure and PR’s could be released with any significance so we can experience full impact of the great news ahead. I will reiterate what I have said in the past that: “This is not the end, this is not even the beginning of the end, but it is perhaps the end of the beginning.” Dr.D I have to run. More thoughts will come later. Success to all! Dr.D IP: Logged |
noahltl New Member |
posted July 18, 2004 14:38
Interesting theory from another board: Pheenix11 The final piece to the puzzle? -------------------------------------------------------------------------------- What if the final piece to destroy the MM's is that UC plans on exerting enormous buying pressure in the next month? If he has some extra money from selling claims or private investors, he could buy a ton of stock, thus forcing the MM's into a double squeeze as they have to raise the price to not only get us to sell to cover the short shares but also to cover the huge buy orders coming in from UC himself? Any shares that are sold would effectively be going right thru the hands of the MM's and into UC's hands. That could create a situation where they have to raise the bid monumentally just to get more sells than buys. Once UC owns every single share, the dividend from UCAD effetively goes to him. All the shareholders are out (by .61). UC owns all of CMKX & most of UCAD (isn't there float only about 7.7 million anyways?). He could then sell his 7.5 million shares of UCAD & get back the money he spent buying up all the shares, or retire CMKX & make UCAD is prime business. IP: Logged |
VNGNTN1 Member |
posted July 18, 2004 14:40
Dividends are paid to A/S Unissued shares are retained by corporate entity. UC shares as well as other insiders are not the same as company. This money is used to conduct business. I doubt there are any not issued. I also doubt this cost CMKX one dime. If they hold all shares it is an internal transaction(a piece of paper changes hands for 7.5m IN 5% all claims contract out)and the MM current obligation $25.5m / 1t shr(assumed)=.0255 (a number very close to big board average of 22:1 pe) VAN [This message has been edited by VNGNTN1 (edited July 18, 2004).] [This message has been edited by VNGNTN1 (edited July 18, 2004).] [This message has been edited by VNGNTN1 (edited July 18, 2004).] IP: Logged |
HarryHar Member |
posted July 18, 2004 14:43
DO NOT SELL DO NOT SELL DO NOT SELL!!! Should we start a thread that says do not sell CMKX? IP: Logged |
will Member |
posted July 18, 2004 14:50
Please, no more threads. It's difficult enough following 2 of them. There is no reason for more than one, it lets information fall through the cracks. Everyone will sell at a price they feel comfortable with anyway. My sells are set already. quote: IP: Logged |
noahltl New Member |
posted July 18, 2004 14:52
Do we really want to know the OS, right away. Post from another board.
IP: Logged |
VNGNTN1 Member |
posted July 18, 2004 14:58
I am watching the opening signal on UCAD Monday. There will be a message there. = = = = NOAH There is a mathmatical formula we should be able to apply to ratio of UCAD & CMKX that reflects how high CMKX will go ? Need some help with logic. = = = = VAN [This message has been edited by VNGNTN1 (edited July 18, 2004).] [This message has been edited by VNGNTN1 (edited July 18, 2004).] IP: Logged |
will Member |
posted July 18, 2004 15:02
"This also doesn't take into account the legal liability the MMs face by illegally shorting our stock." What legal liability? No one is enforcing the law / rules. The reason this situation exists is because they are allowed to do it, there is no checks and balances right now. They short every stock that has news, and it plummets, there are no consequences, the SEC enables these pricks. IP: Logged |
VNGNTN1 Member |
posted July 18, 2004 15:06
WILL What about a Civil suit ? We do have an attorney now ? Maybe its fix it before 8/20 or else? VAN [This message has been edited by VNGNTN1 (edited July 18, 2004).] IP: Logged |
noahltl New Member |
posted July 18, 2004 15:12
Green Baron UPDATE, $$$$$$$$$!!!!!! July 18th, 2004 Stock to Watch Update CMKM Diamonds, Inc. [ CMKX ] Last Tuesday, July 13th The Green Baron profiled CMKX as a "Stock to Watch". We strongly advised everyone to place CMKX on radar screens and to watch for new developments in the days ahead. We also stated we would send a representative of Evergreen Marketing, Inc. to Denver, Colorado to meet personally with the Chief Executive Officer and other interested parties in order to collect and confirm information. We are pleased to announce that our representative was able to meet with CEO Urban Casavant and that we found the meetings both insightful and informative. Our representative was successful in securing a verbal agreement for a Green Baron CEO Webcast with Urban Casavant in the very near future. Evergreen Marketing will be submitting a list of questions for the webcast to CMKX legal counsel for approval. In last week's "Stock to Watch" alert, we stated that, "One rumor of particular interest involves a...tender offer or dividend in the works". Although we used this as an example to demonstrate the potential upside in the stock, today, Sunday July 18th, CMKX seemed to confirm the company is heading in that direction by releasing the following announcement: CMKX Diamonds, Inc Announces Dividend to Shareholders of Record Date and Option Agreement. DENVER --(BUSINESS WIRE)--July 18, 2004--CMKM Diamonds Inc. (Pink Sheets:CMKX) is pleased to have reached a purchase agreement with U.S. Canadian Minerals, Inc. will be purchasing 5% of all mineral claims held by CMKM Diamonds, Inc. in exchange for 7.5 million shares of UCAD. CMKM Diamonds, Inc. will later issue these shares to all shareholders of record on August 20, 2004. Read Full Story This week we recommend to Green Baron members monitoring CMKX to watch for additional announcements by CMKX, Level II trends [particularly JEFF] and our broadcast date for CMKX's Green Baron CEO Webcast with Urban Casavant. All Green Baron CEO webcasts can be accessed by utilizing the "CEO Webcast" links on our website. The Green Baron will continue to conduct our due diligence on all aspects of CMKX and to keep our members informed as events unfold and additional information becomes available. We would also like to inform our members that Evergreen Marketing, Inc. [parent company of The Green Baron Investors Society] will most likely increase our holdings of CMKX in the days ahead. Since events for CMKM Diamonds, Inc. may unfold quickly in the days ahead, we urge our members to monitor developments closely, watch for future Green Baron Reports with CMKX Updates and Alerts, as well as to visit our website www.TheGreenBaron.com daily for important updates. IP: Logged |
shadow Member |
posted July 18, 2004 15:47
Some very good points have been made regarding this PR. 1.) On or before the 20th of August we will all 2.) The number of shares of UCAD per one 7.5M/400B = 0.00001875 UCAD shares per CMKX shares 3.) If the O/S is less than 400B then we The value per share (assuming 400B o/s) (all of this is using worst case senario 4.) As Van pointed out the Book value has This is not to say that the company is not Unfortunately we cannot put a P/E of 10 or 20 on the value at this point because we
IP: Logged |
noahltl New Member |
posted July 18, 2004 15:53
quote:
If you're looking for an evaluation equation, it would seem that UCAD believes that 5% of CMKX mineral rights equals 7.5 million shares of UCAD @ $3.40 per share. That equation would be: If "x" equals UCAD evaluation of CMKX then: .05x = 7,500,000 times $3.40 ($25,500,000) Of course we won't know share value until we know the OS. Don't know if that's what you're looking for or not. IP: Logged |
RaiderJR Member |
posted July 18, 2004 16:54
Remember that would be a wholesale type value, what UCAD would pay for the right to make much more money. CMKX claims would therefore be worth much more. IP: Logged |
WorkAHolic Member |
posted July 18, 2004 16:56
Does this mean that someone may want my 5mil shares at .50? I have a wedding I have to save up for. Maybe I should take that order down. Any advice? I'm easy. IP: Logged |
highwaychild Member |
posted July 18, 2004 17:06
(W) Tommy Johnson Jr. (Skoal Racing Monte Carlo)0.076 5.136 295.14 (L) Jeff Arend (CMKX-treme Firebird) 0.049 8.743 101.26 Arend loses traction by 150 feet and clicks it off. Tommy Johnson Jr. with a good looking pass in the heat of the day. He has low E.T. of the session and will have lane choice over Force in the next round. IP: Logged |
VNGNTN1 Member |
posted July 18, 2004 18:06
NOAH Not exactly. The MM will be looking to reduce position using both companys BUYERS of CMKX will be NEW buy others taking profit. OTHERS will be calculating and buying which company when. VAN IP: Logged |
OilMan Member |
posted July 18, 2004 18:31
At 400 Billion OS that would make share value .0012 quote: IP: Logged |
booboo Member |
posted July 18, 2004 18:37
This news will make for a good short play Monday. My predications: opens at .0006 moves up to .0008 closed at .0005. IP: Logged |
VNGNTN1 Member |
posted July 18, 2004 18:58
RJR,WILL ,UPSIDE To cleanup the other thread! I missed a key word "ALL" which I tried to edit all posts where calculations were made without it. Also I believe MM's will continue to short until they realize "VALUE" cannot be overcome, thru declared provable assets or dividend distributions. CMKX will have some trouble providing distributions without transforming assets to cash. NOW that takes care of MM Shareholders can make some money on perception. I"m not a buy & hold guy. I buy and take profit above 10%, NO MATTER WHAT, and move to next deal. I have been holding 5 years and put more $ in recently When the numbers change I will also. VAN IP: Logged |
This topic is 45 pages long: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 All times are ET (US) | next newest topic | next oldest topic |
© 1997 - 2004 Allstocks.com. All rights reserved.
Powered by Infopop www.infopop.com © 2000
Ultimate Bulletin Board 5.47a