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![]() CMKX ... VI ... The Saga Continues (Page 11)
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| Author | Topic: CMKX ... VI ... The Saga Continues |
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blueeyedtraderboy Member |
My young Grasshopper ,He who is wise will let a storm come to him... You have been taught well my Green friend. I wish you the best of luck with this storm, however this Grasshopper needs no luck! lol! -John- IP: Logged |
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TradingWizard Member |
I thaught I bring this up becasue of this crazy rumor that is going on - wasn't a Sparki a while ago (can't find the posting though) was predicting that on Sept 7 we are getting news - he might be right or he is getting close but lets just wait until Tuesday! ![]() PS .....some time wonder who is behind the curtins when you interact on the forums.... ..hey byrd you been good lately to your fellow police and us here (moon story still makes me laugh ------------------ IP: Logged |
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DIGDOUGH Member |
What is the link to that moon thing? IP: Logged |
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highwaychild Member |
Here's a pretty good site with alot of info. http://www.saskmining.ca/photoLib.html IP: Logged |
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blueeyedtraderboy Member |
Ahhh Wizardress, the lovely Wizardress ![]() Thanks for the support! hehe... I am not sure as to the rumor you are refering to as there are so many, lol... Tuesday seems to be on everyone's radar screens so who knows... I guess I will have to be at work early so I catch anything that happens... IP: Logged |
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highwaychild Member |
Well now ,so far, it seemes that most of the rumors floting around were just rumors. The one I heard about CMKX moving to OTC.bb ,sometime this year, seems to be the only one holding any water now. Also the rumor UCAD is to move to AMEX is still floating around. Maybe Drymouth was on opIUM when he came up with all of these RUMORS. [This message has been edited by highwaychild (edited September 06, 2004).] IP: Logged |
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bill1352 Member |
it seems to me that this is at least the second 3 day weekend in a row that rumors had some great news pr coming tues. it would be nice and we are at least due some explanation about the increase in a/s & o/s to 800 billion. results about the lastest drill site are not possible, remember carolyn and what was said they saw in the core samples that turned out to be 2 flecks. i'm sure from what was said they saw the sample tested was not the bad one. its possible something great has or is about to happen and lets hope it has something to do with not having a 800 billion o/s. IP: Logged |
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Money_Penny Member |
quote: LOL. That line reminds of a line from a movie. Which one is it? Come on, this is killing me! Seems like the usual rumor kitchens are all open this weekend and dishing up pot after pot of BS; I don't believe any of it until I see it in an official PR. I do like the fact that Urban is not at the races, however - I would think only something very important would make him miss Indy. I've been "leaning back" a bit not trying to get involved too much. There have not been any bashers on lately, so no need for the police force to leave the precinct [This message has been edited by Money_Penny (edited September 06, 2004).] IP: Logged |
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secman Member |
http://web.njit.edu/~rc28/cmkx/oogie.mp3
drilling has stop,because they found what they want. value is over a trillion drill was broken on the caroling,cause it hit a pack of diamonds the restrick will be lifed on the ucad shares. good news on or before tues. this is the rumer that is going on at the races.Wait for the PR,but this is going on now at the races.
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secman Member |
quote: correction 800 billion a/s .. 800 billion o/s would have the sec all over this thing IP: Logged |
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secman Member |
Rumor has it Melvin has been fired and someone from UCAD is taking over IR. IP: Logged |
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darrenbaker Member |
Take a look at this. http://www.freedomvillageusa.com Helping kids. IP: Logged |
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bill1352 Member |
i think melvin is too honest to be in IR. he lets his emotions run his mouth. in his attempt to inform he does it off the cuff. in IR you need to lie without lying so to speak. you can't misinform but you can't be completely honest. it causes rumors & too much speculation which hurts in the long run. i dont think melvin would do anything to hurt cmkx or a single shareholder on purpose. if he is gone i hope he was well taken care of by UC IP: Logged |
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COACHPHILM63 Member |
Wax on,Wax off Karate kid. IP: Logged |
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will Member |
I doubt very much he had anything to do with the content of the PR's. He probably just signed some. His shortcoming, is/was, running his mouth and misleading people. After the UCAD PR detailing the size of the two diamonds found, and his Mt. St. Helen comment, how coud he recover from that. The "I wish I could tell what's on my desk" statement, was more of the same. The guy just isn't/wasn't credible to me.
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highwaychild Member |
LARGE crowd at Indy.Got a buddy there,He's not in the market,into racing.Called me from there,said he got me a CMKX-treme t-shirt. Hope Jeff Arend can get past the first round at least.Alot of eyes would be on CMKX. [This message has been edited by highwaychild (edited September 06, 2004).] IP: Logged |
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highwaychild Member |
Dang it!Pedergons are tough to beat.Close race though. IP: Logged |
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Jeffrey Member |
Hi everyone, Can somebody tell me what the password is for the sterling Room on paltalk. Can't get in without it. Thanks! IP: Logged |
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DiQuiRiesco Member |
quote: This is quite possibly the most idiotic thing I have read on all ten thousand CMKI/CMKM/CMKX threads. Cudos to you IP: Logged |
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cndboy Member |
Got to admit when it gets borring reading these threads is a good pass time. IP: Logged |
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WWJD-thru-me Member |
Happy Labor Day Everyone, I am expecting us to get some good IUM is BSium...and other falsehoods. Thanks goes to Investingisfun on Sterling's board. Link below. :-) Sugarpaw Okay, coming from two guys on Paltalk who were at the races and talked with Williams. They are makememoney and Hybrid1, I know the guys on the board were more familiar with them than me. The 'ium' story is apparently something some guy elcaminobob carried forward but was not the originator. It's believed that it was just a story that got out of hand. Williams did NOT say CMKX will be 1 to 2 cents on Tuesday. What he did say was that with the right news, CMKX could hit 1 to 2 cents. The rumor about a PR for Tuesday to take us there is pure BS. Williams did confirmed that UCAD has been accepted to AMEX and would be there within 60 days. Also confirmed was that CMKX has applied and most likely will be on the OTC before the end of the year. Cash divy rumor 'soon' is BS. Maybe much later but nothing planned at this point in time. That's all that's important to comment so other than UCAD going to AMEX and CMKX to the OTC, everything else is BS and proven to be BS. SOON apparently changes form, definition and doesn't pay attention to time.
UC is looking to buy two more drill riggs and phxgold got it confirmed tonight that our JV's do not have drill riggs. We are alone. Rendall did NOT say Melvin was going to be fired. Rendall said that CMKX could use changes to its IR department as it will need professional people. IP: Logged |
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blueeyedtraderboy Member |
WWJD/Debi, You remember SECMAN right? He was pretty much not into this stock and thought it was a bad investment right? I am thinking of SECMAN correctly when I remember he posted on here, at various times, denouncing CMKX as a 'good' (whatever that means) investment... I ask because I saw his name pop up on another CMKX board, however this person seems to now be an owner of CMKX... Secman is a pretty orginal screen name and I have only seen it used by one person, not even screen names remotely like it, like 'secman12' or anything like that... I am just trying to remember if the Secman here was against this stock thats all... -John- IP: Logged |
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glassman Member |
i am no lawyer but my understanding of SEC rules would be that POSTING this and releasing this in this way would DISQUALIFY UCAD from being accepted.... Williams did confirmed that UCAD has been accepted to AMEX and would be there within 60 days. Also confirmed was that CMKX has applied and most likely will be on the OTC before the end of the year. i have followed many stocks to the AMEX--this is not how biz is done at the AMEX.... watch out!!!!!! IP: Logged |
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VNGNTN1 Member |
GLASS I think also this would violate the rules, certainly seems aimed at sell stock tomorrow. It also make me wonder about RG letting it happen, I would expect RG to withdraw. VAN IP: Logged |
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Wallace#1 Member |
Also, the AMEX requires a record of positive earnings which UCAD does not have. I did notice that CMKX was "listed" on the walls of a "pit" stop out in the Death Valley Desert. LOL [This message has been edited by Wallace#1 (edited September 06, 2004).] IP: Logged |
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glassman Member |
Wallace, did you go to Burning Man??? IP: Logged |
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blueeyedtraderboy Member |
Wallace is one very informed geriatric if he knows about The Burning Man... ![]() -Byrds The Word Now- IP: Logged |
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Wallace#1 Member |
Glass, LOL No, Burning Man is not my kind of thing. IP: Logged |
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noahltl New Member |
Haven't been on the boards much this weekend. Had a great time with family. Watched for Urban to show at the race, and I guess he never did. So I didn't go. Noticed all the rumors and reposted them here, but don't necessarily believe any of them until we see a PR. Dib have a friend from another board that was there, and he said not to believe the rumors, that's all they are. But, I think we are getting closer to finally see something happening on PPS and should know the OS or float by the end of the month. Good trading tomorrow to everyone. IP: Logged |
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glassman Member |
i bet UC has an appointment with a plastic surgeon after the OS got out...LOL IP: Logged |
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CashCowMoo Member |
MOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO ------------------ IP: Logged |
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VNGNTN1 Member |
ANYONE With Ameritrade cash(no margin) account ? At the end of August an entry was made take CIM(restricted) from cash and plaving in margin CIM(restricted). They said account has no margin, but this is a different animal. Any explanations ? VAN [This message has been edited by VNGNTN1 (edited September 07, 2004).] IP: Logged |
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bill1352 Member |
VNGNTN1 Member posted September 07, 2004 07:38 -------------------------------------------------------------------------------- ANYONE With Ameritrade cash(no margin) account ? At the end of August an entry was made take CIM(restricted) from cash and plaving in margin CIM(restricted). They said account has no margin, but this is a different animal. Any explanations ? VAN [This message has been edited by VNGNTN1 (edited September 07, 2004).] i've talked to ameritrade a few times about these dividends, from what they have told me they don't even have a final pay date. everything is tenitive, the amount of the split & the date. that was 2 weeks ago today the last i talked to them IP: Logged |
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VNGNTN1 Member |
BILL Why would they suddenly try to change the character of year old shares ? VAN Have you checked your August statement ? Just got the answer ; they had had it in wrong account. Just learned this: A cash account has three levels CASH MARGIN Used to hold short positions created by trading SubMARGIN Used to hold short positions created by others. [This message has been edited by VNGNTN1 (edited September 07, 2004).] [This message has been edited by VNGNTN1 (edited September 07, 2004).] IP: Logged |
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Doctoall Member |
Does anyone know what the Kensington Press Release dated today regarding the Fort La Come mining area is all about. Please post if you are aware of the press release. ------------------ IP: Logged |
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ali Member |
quote: Victoria, B.C. Tuesday, September 7, 2004 - Kensington Resources Ltd. (the "Company") announces that the Joint Venture management team has been restructured and will focus on identifying new goals and reviewing the strategy for advancing the Fort à la Corne Diamond Project in Saskatchewan. De Beers, as the operator, has welcomed the request from Kensington to become more involved in the planning process. The first meeting of the restructured team is scheduled for October 2004 and Kensington will be sending three representatives to contribute to a proposal which will be presented to the De Beers board in early 2005. Richard Molyneux, the President and CEO of De Beers Canada Corporation, Robert A. McCallum, President of Kensington, stated, "The team will be The Company's representatives on this team will be Robert McCallum, Using the expertise of proven management and world-class, experienced ON BEHALF OF THE BOARD OF DIRECTORS (signed) "Robert A. McCallum" Robert A. McCallum TRADING SYMBOL: KRT-TSX.V For further information, please contact: Robert A. McCallum, President
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VNGNTN1 Member |
Looks like the competition woke up! VAN IP: Logged |
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bill1352 Member |
anyone getting bid & ask for SGGM? my ameritrade streamer has sggm blank its not even giving current price or volume. IP: Logged |
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dwman Member |
.07 from Fidelity. IP: Logged |
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dwman Member |
Disregard... that was Friday's close. No trades yet today, I think. IP: Logged |
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bill1352 Member |
thanks dw...it has me curious the only time i've seen a stock go blank there has been some sort of change in the symbol or a tradeing halt being this stock has been a shell since '93 i was wondering if there was meaning to it going blank this morning, it wasn't blank friday. IP: Logged |
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bill1352 Member |
ucad's numbers are not normal too on here. might be something wrong with ameritrades streamer. UCAD..bid $4.10...ask..$4.40...last $5.40...up $1.25 volume 19,900 I don't ever remember seeing the ask a full dollar less then the last and the trade indicator line flat and the quote trend blank IP: Logged |
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bill1352 Member |
if you could buy ucad at the ask of 4.40 you would on paper make $1 per share that moment....curious IP: Logged |
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bill1352 Member |
has to be a glitch in streamer...getting quotes for sggm & ucad is normal when asking for a quote IP: Logged |
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bill1352 Member |
i emailed ameritrade this morning about the dividend splits & got a reply...notice the UCAD has the old split but the CIM has the new split
Thank you for contacting us today concerning CMKX. At this time, we have not received any official information pertaining to According to the preliminary information we received, the ex-dividend date for We have not received any information pertaining to GEMM at this time. Should a If you have further concerns or inquiries, please reply to this message. Sincerely, xxxxxx xxxx IP: Logged |
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dwman Member |
quote: Yes it is rather curious, Bill. But I was thinking that UCAD would be the vehicle for any merger...maybe not. Juina still has not traded. You may be right. IP: Logged |
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dwman Member |
A trade for 102 cmkx went in at 10:39:42. What kind of MM signal is that? IP: Logged |
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noahltl New Member |
Latest from Sterling. Very long read, but covers many aspects of what may be going on:
Let’s first make sure we all understand a few things to get us all on the same page before helping all to see the importance of what we might be missing from the UCAD, CIM, and GEMM dividends. For months I had been telling people in Paltalk and other forums that from initially reviewing the external variables that are prevalent to the public about CMKX, your average investor should first think very cautiously just by the law of averages of stocks within the penny world that succeed with such known versus unknown variables. For this, we should all exercise patience with others in helping them to see what we see for feeling positive towards CMKX. Let’s now recap about what could be the Outstanding Shares (OS) for helping to absorb this process. At one time, I and others believed the OS to be less than 10 billion shares. Then I believed it to be less than 50 billion, then less than 200 billion, then less than 300 billion, and now… I don’t know? Your guess is as good as mines. I just think that we will all be surprised for the better whenever it comes out, but for now, let’s just stick with the worse case scenario concept to keep a more conservative approach for understanding. Still, I think the OS is important, but it doesn’t matter as much for this situation as it normally would in any other stock. I can come up with examples of debate to support both sides of the argument. So in the future, always be cautious in doing your research on stocks having high share structures. That doesn’t mean stay away from them. I just think that CMKX is different as I have always said and is the best stock in the market to be invested in, to include UCAD and GEMM. Remember to think outside the box and try to understand my “Operation Dividends” post in the link below when you get a chance to see why we got to have “some” shares in the OS to help more people: http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=60142 Now let me provide some food for thought that is based on information that is out for the public to view, which reduces the amount of speculation about the OS until otherwise officially confirmed to be different by the company. According to the OTCBB/NASD officials, the OS is 779,625,779,625 as confirmed from the UCAD dividend multiple and the OS is 1,562,500,000,000 as confirmed from the CIM dividend multiple from the link and calculations below: 1,562,500,000,000 – 779,625,779,625 = 782,874,220,375 Shares “Not” Accounted For These numbers should match as bringing forth the same numbers to being the OS. As you can see, there is a huge disparity between the two. Somebody has to be responsible for accounting for those added 782,874,220,375 shares that have been confirmed by the DTC from the date of record of 20 Aug 04 for the UCAD dividend and the date of record of 31 Aug 04 from the CIM dividend. Apparently we have not seen 782,874,220,375 shares in volume between the 11 days to account for that huge disparity in multiples for determining the OS. I am betting that since CIM shares were private shares, a more finite number of reporting the actual shares transacted through the DTC forced the DTC to reveal every single share recorded that have went through the DTC that they placed into the retail investor’s brokerage accounts. If things are as expected, there would be a balance between the naked short position and the OS that would cause the size of the OS to balance itself out to zero or in greater favor for the shareholder as compared to the naked short position. As long as the naked short position is equivalent to or higher than the OS, the demand for CMKX shares would always force a lack of supply to exist. With the CMKX OS from the UCAD dividend reflecting 779,625,779,625 shares, the naked short position could be suspected to now be at least 782,874,220,375 shares. This is yet another reason why again, the OS is important, but it doesn’t matter because as you can see, the short position is still greater than the CMKX OS per the UCAD dividend. Understanding the above thoughts lead us to the next topics of discussion that we have been waiting for, the dividends. I will start out with trying to explain some thoughts of UCAD, CIM, and GEMM dividends and how each have their own specific role of trapping the MMs into a corner to cover or fund the shareholders. We are now at the point to either you believe or you not believe in Urban and Team CMKX. Let’s start with the UCAD dividend which has a very significant role for the implementation of “Operation Dividend.” The UCAD Dividend What if the naked short position in CMKX is so huge that the MMs would be willing to take their chances in hiding the covering of CMKX through first UCAD? Many of us just were not sure what type of covering would transpire with CMKX as a repercussion from the UCAD dividend. Many had elected to believe that the Market Makers (MMs) would have a dilemma to deal with. The MMs could either cover a huge naked short position through CMKX or do what I call a Mirror Covering through first the UCAD dividend. This would be like CMKX looking in the mirror at itself and seeing CMKX and UCAD, but the MMs would be seeing UCAD (or each dividend that is up for its time of being executed.) This is the MMs masking the covering of CMKX by shorting UCAD to use as leverage. This would be the MMs way of trying to trick us in to thinking that there really never was a short that existed in CMKX after all. These naked shorted UCAD shares are fictitiously created electronically, but are only absorbed as a cost to the MMs when we sell our dividend shares on the open market. If they are restricted, then this also could buy more time for the MMs to obtain more funds for future covering as we could not sell until 1 year from now when the restriction is currently intended to be lifted to be free trading. What they are banking on is that the covering can be done at a lesser blow because all would not immediately sell their UCAD shares because of UCAD being a very legit company that is proven. This is the MMs converting their risk from CMKX to UCAD to give them more time to cover little by little. The MMs know that UCAD will be a major force in the market to be reckoned with so we all would not expect to see a major sell of at anytime. Let me further explain with the numbers we already have as the suspected naked short position and OS for CMKX. For the MMs to cover the above suspected 782,874,220,375 naked short shares of CMKX it would cost probably well over $1 Billion+ from doing some quick math and considering that the price would increase as the demand for CMKX shares increased. Instead of paying that $1 Billion+, the MMs would be willing to try to mask/hide the covering of the CMKX naked short position by creating naked shorted shares of UCAD to put into the retail investors accounts. From the UCAD multiple of .00000962 that is officially in the system, this would mean that they need to create the indicated amount of UCAD shares to hide the CMKX short: 782,874,220,375 x .00000962 = 7,531,250 This means that the MMs will have to fictitiously electronically create 7,531,250 shares of naked short shares of UCAD to put in those retail CMKX investor’s accounts that are holding naked shorted shares of CMKX. This will be at not cost to the MMs. The cost to the MMs would come when we sell our UCAD shares. With them being restricted for 1 year, this could be viewed as buying more time for the MMs to pay what they owe. This would mean that the MMs would have a vested interest in the success of CMKX and UCAD because as CMKX and UCAD maintain their value as viable companies, people would not sell their shares which would mean that the MMs would not be out of any money for payment. It gets better though. What if the UCAD shares they shorted to mask the covering of CMKX is greater than the float of UCAD? This could pose a problem and could be one of the trump cards that Urban and Team CMKX knows that they are holding. Here’s why. The MMs could be pressured into a dilemma. They will either cover the naked short position in CMKX or they fall victim to cover the naked shorted position in UCAD. As mentioned above, the MMs will have to fictitiously electronically create 7,531,250 shares of naked short shares of UCAD to put in those retail CMKX investor’s accounts that are holding naked shorted shares of CMKX to keep the short hidden or masked from the SEC and others. If UCAD goes to the AMEX as suspected, these 7,531,250 could pose a problem for the MMs. The MMs would initially think they would have time to leverage their covering for a year by these shares being restricted, but these shares would further justify and substantiate a naked short position existence. So the MMs would know the need to cover the UCAD short “if” it is created especially at this magnitude. This could be worse for the MMs because the UCAD Float is smaller and more tightly held. This would make it much harder for the MMs to get to the restricted UCAD shares to manipulate a covering. On the AMEX, UCAD would bring forth only those shares that are legitimately registered wit the SEC as their official share structure. Those naked shorted shares of UCAD would be left behind to stick out like a sore thumb. Since they would be listed as restricted, they could not be tampered with and they could not be removed from pending circulation. The only way the MMs could resolve this issue would be to cover CMKX or to cover UCAD before going to the AMEX. This will have to be a must because the MMs have no dominating authority on the AMEX as they do on the OTC/OTCBB to fictitiously create shares. This means no Market Maker Manipulation (MMM). The AMEX trades under a different system and a different set of rules. The MMs would have to cover the 7,531,250 shares of UCAD. This means they need for 7,531,250 shares of UCAD to be sold as the net amount to counter any additional buying pressure of UCAD.
To remedy the liquidity issue, what if you were a CEO and you felt that your stock had been naked shorted by a huge amount of shares and you knew that you had powerful news that would make any Market Maker (MMs) cover their naked short position or take out any guilty shorting party or entity? You would have to greatly consider doing a forward split for a few reasons as a strategy. So many might ask: “Why a forward split?” If I was in the position of CMKX or UCAD, I would have to think what better way to further worsen the blow even more for covering and further reward the blow of success to the shareholders. Both companies would not need to do a forward split to deliver the statement I believe will be made by action, but both CMKX and UCAD will probably at least be considering to do a forward split to increase liquidity and/or to further reward shareholders with extra shares for the covering. For CMKX, if you believed the naked short position to be 1 trillion, for an example, then a 2 to 1 forward split would now give the MMs 2 trillion shares to cover instead of 1 trillion shares. Think about it for a second. If the MMs are planning or forced to run the price of CMKX up to higher levels, doing such at .0004 or .0002 cents after a 2 to 1 forward split is not significant to them in price, but is significant to them because it would give them twice the amount of shares to cover. It’s significant to us as shareholders because it would give us twice the amount of shares to have for twice the amounts of profits. This would be very good for us, but more difficult for the MMs to cover. For UCAD as in the info explained above, if the naked short position grows to be 7,531,250 shares then a 3 to 1 forward split would worsen the short to be covered to 22,593,750 shares. This would put the MMs in a position to cover the CMKX and any UCAD shorted shares before going to the AMEX as anticipated because they will not have any access to any of the UCAD shares going to the AMEX. Any naked shorted shares of UCAD would be left behind to reveal that unjust and illegal shorting actions had been done towards UCAD and CMKX. This would be known to all entities as fact and not accusation. This would cause the MMs to cover before UCAD gets to the AMEX. The 3 to 1 forward split could also be of a higher ratio if it is determined that UCAD would bail the MMs out of such a bind by issuing them shares to be bought by the MMs on the open market. UCAD could easily name the price of their shares for the MMs to go get them if they need them. Normally in any other stock dividend story, these naked short shares would be created fictitiously through electronic means, but this time would be different than CMKX last forward split or than any other stock dividend for the reasons of accountability that we have been discussing to corner the MMs covering options. The MMs problems for covering would be doubled and/or tripled because accountability is a must as more companies and key entities are now involved. With 42,000+ shareholders of CMKX, this means that with the dividend, there will now be 42,000+ new shareholders of UCAD that will now have a vested interest in the success of UCAD. This will be huge for UCAD because of the huge amount of dedicated shareholders to provide enhanced support for UCAD going to the AMEX. This will be a huge union even if the decision is made to keep our shares restricted for one year or to lift the restriction. Our UCAD shares are restricted for 1 year which serves two fold in my opinion. One is to make sure any naked short shares of UCAD remain trapped before moving to the AMEX to be revealed on the OTCBB as shares matched to fictitiously mask the covering of the naked short shares CMKX. Two, is to give UCAD a one year grace period to make sure the overall plan remains in tact to give UCAD any extra time needed to make sure all “I’s” are dotted and all “T’s” are crossed for its major move. Once everything is in place for movement to the AMEX, I would think that the one year grace period will not be needed and the one year restriction will be lifted. This is final only upon the final confirmation of an AMEX listing being secured. While the shares are restricted, the MMs can’t get to those shares for any kind of manipulation they might create to eliminate or mask their shorting activities. This means that any naked short shares they could have created for themselves could be revealed and unable for them to be tampered with too. This could be like them telling off on themselves too. CMKX affiliation with UCAD will help to bring CMKX to the attention of many large positioned investors to include Institutions. This is a key for both scratching each others’ back for continued growth in working as a TEAM. I suspect that somebody out there has to be interested in starting a mining Mutual Fund that would love to have CMKX, UCAD, CIM, GEMM, SGGM, etc. in their portfolio of companies. This could be something huge that many conservative investors would love to get in on the ground floor. With the valuation that I anticipate to be revealed, there is a chance for all related companies to follow UCAD’s lead to be trading on at least the AMEX. Remember that if UCAD decides to lift the restriction off of our shares, then we will be playing at a whole new level of confusion for the MMs. This would cause the MMs to do things they had no desire to do before; to cover CMKX. Again, this could not happen until they had absolute confirmation that they are going to the AMEX. I think we are there. I will explain what could happen sooner from the lifting of the share restriction in the GEMM scenario as they are free trading. But before doing that, we must first understand the importance of the CIM dividend to bring us to the next phase for forcing the MMs to cover. The CIM Dividend The CIM shares are private and are closely held by the company. There is no room for the MMs to manipulate the private shares of CIM because they are not registered to go through the DTC for trading public. These shares will have to be given to the DTC by CMKX to be equally distributed to CMKX shareholders. For this to happen, the DTC has to make known the amount of shares that they have had transacted through them from the MMs to place in people’s brokerage accounts. This is the process that is huge. This is the key piece that makes known every single share of CMKX that have been sold by the MMs and bought by us, the retail investors. This is to include the shorted and non-shorted (actual) shares of CMKX. This is what’s in need to be rectified before going to a higher exchange other than the pink sheets. This could be another one of Urban’s trump cards he is holding to use as an advantage to position CMKX to get first to the OTCBB. CIM could be the medium used by Urban to later merge CMKX into CIM to complete the reverse merge or reverse takeover. Read below for a quick definition. In my opinion the OS is already known and have been for some time. After CIM opens up trading on the next exchange, the RTO should be nearing execution between CMKX and CIM. If it’s decided to not use CIM to RTO into CMKX, then the anticipated valuation is expected to be huge to place valuation in CIM as its own entity. We expect this to be a “zinc” related announcement. The OS should have already been substantiated through the UCAD share distribution process for all official parties to be in union on by this time. The CIM dividend will be the next chapter putting closure to the covering of CMKX. Since the CIM shares are private shares held by the company, the MMs can’t fictitiously create or short the CIM shares to mask any type of covering of the CMKX naked short position. What Roger Glenn reports as the gospel for the official share count will not stand to be corrected by anyone. If the MMs have not cover by the time CMKX has disseminated the UCAD distribution, it would have at least been confirmed. The CIM dividend will be the next phase to expedite the covering of the naked short position of CMKX. As more and more valuation has been revealed in CMKX, more pressure would have been placed on the MMs because of the anticipated increase in buying pressure increasing the demand for CMKX shares with a scarce supply. The MMs would be forced to at least begin some of the covering to keep from allowing this to further worsen. Many are anticipating a huge zinc valuation to be placed in CIM which would enhance the valuation in CMKX as a subsidiary up until the shares are placed into our accounts. The CIM dividend takes the MMs out of the game unlike the UCAD and GEMM dividends. The CIM dividends only allow for that certain coordination between the company and what the DTC reports as total amount of CMKX shares they have on record for being transacted to the retail investor’s brokerage account, us. Now we go to the next phase which includes GEMM to make sure all have been captured and covered. The GEMM Dividend This dividend will be one to provide a security check to make sure the MMs have covered CMKX. This will be because they will be in a “lose-lose” situation because they will be in a very bad situation from either massive buying or selling of GEMM. The massive selling would pose a problem if the MMs have made the decision the short GEMM to mask the covering of CMKX to try to make us think that they fixed the problem. This would be in the same manner as the UCAD situation, but the shares are immediately known to be free trading which should push the MMs into the corner from a different angle. The MMs will have to either cover CMKX naked short position or short GEMM to trick the public in to thinking that a short never existed in CMKX such as with UCAD dividend. The difference here with the GEMM dividend than with UCAD is that these GEMM dividend shares will be free trading immediately upon placement into our accounts. With these shares being free trading, as we sell our GEM shares, the MMs will be responsible for filling those orders which they would then be out of the money they were trying to not use for covering CMKX. This means that the MMs would have a vested interest in hoping that enough value is revealed in GEMM that would make us want to hold our position in GEMM. With significant increased valuation being placed in GEMM, increased demand should occur therefore forcing the price to increase as the supply for GEMM decreases tremendously. This now makes the naked short position in GEMM worse for the MMs to cover and have created a dilemma for using GEMM as a medium as they were once again forced to do. They would be in a bad situation from people selling GEMM and in a bad situation from people buying GEMM. Expect to see some huge announcements from the mine since it is now out of the bag that this mine use to be an old DeBeers mine that was forced to be given up by DeBeers which opened the doors for us to snatch up this “golden” and “glittering” opportunity. The valuation is already there and proven and all we will do is properly place it. Because of what I believe to be something of huge valuation to be placed in GEMM, this will have the same effects as a cash dividend because our shares will be scarce for the MMs and selling a small portion should do wonders helping some people to get to the Las Vegas party. The MMs will be gladly welcoming any kind of selling to get shares of GEMM to help them to cover some of their position. This blow still would be a lesser blow than them covering the entire CMKX short position. These are only some thoughts because who knows? We still could one day be awarded a cash dividend in the future by being shareholders of CMKX and now UCAD. We’ll see. I won’t spin off on that tangent because that would be whole different post of spec-o-lation. As for SGGM It is expected that there are some key players that could be revealed to be involved with the SGGM deal with CMKX. This is something that I think that the companies would need to reveal. All I can share about SSGM is my speculation that I had previously posted about last week in the link below: http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=76293 As for us getting any of the SGGM shares as a dividend, I don’t know. But, I would have to think that the 200 Billion shares is a lot for any one entity to have and Urban has shown how giving he has been up unto this point that it would appear that SGGM will be the next piece to be placed into “Operation Dividends.” This is only a guess. In Closing Keep in mind, Urban and Team CMKX is in the process of getting CMKX to a higher exchange. I am guessing that they will crawl before they walk and get CMKX first to the OTCBB. This could be done through CIM since it would be cheaper to do so through the RTO process I mentioned above. Many of us believe that there is a chance too that the new rule of the Short Sale ACT Reporting Requirements for OTCBB and Other Non-NASDAQ OTC Equity Securities that was extended to come into effect on 24 Sep 04 could prove to be in favor of CMKX and its dividends. The reason for the extension was in part for those needing to make significant technological changes to the related systems for monitoring. The complete rule is in the link below: http://www.nasdr.com/pdf-text/0454ntm.txt Then upon completion of “Operation Dividends” and us having all of our many dividends that Urban is planning on rewarding all CMKX shareholders in our accounts, I think that CMKX would be a perfect candidate to merge or reverse merge into a company that is already trading on a major market. After receiving a few more dividends, shareholders would not mind merging or even reverse merging into a company of value that would be trading on a higher exchange such as the AMEX or NYSE in my opinion. As Urban continues to run the dividends through CMKX the MMs will have to continue masking the covering of CMKX through paying for the dividends or feel the wrath of the repercussions from shorting the dividend at hand. Will the MMs be willing to do this Mirror Covering Process for every stock dividend that is pending and to be added in the future? I think the way Urban is seeing this is that if the MMs don’t pay for the CMKX naked short in whole, then they can pay for the naked short in pieces through each dividend. This way, the MMs would in essence be paying or to better put it, funding all of our dividends each time they choose to not cover the naked short position of CMKX by hiding the naked short position through the creation of the dividends to mirror that needed amount to be reflected in our accounts. Urban has told me that his ultimate goal is for CMKX to go away, but not until the mission is complete with “Operation Dividends.” I can only think of three ways as to how Urban could allow for the going away of CMKX upon mission complete; 1-A tender offer to take CMKX private which would be like the CMKX buying out its shareholders; 2-A tender offer made buy another company such as DeBeers, Kensington, BHP, etc. or another entity to buyout the shareholder’s positions; or 3-Through some type of merger/reverse merger or RTO into a viable company that shows huge promise as mentioned earlier. This company would have already have been trading on a major exchange. This would have to be a company that shareholders would love and trust. This company would have to be a company that could create and continue to maintain the loving bond that Urban has created throughout the shareholder community. Right now, I would have to say that UCAD fits this description by far. Now go back and take all of those dividends from “Operation Dividends” and roll them up into one company to be IPO-ed. I won’t talk on this to keep this post from being to long because that is a different plate of food for thought that could take another few pages or so. I just want to leave you with one question to put closure on this post which has been nothing more than my opinions to give all of us some more “spec-o-lation” to wonder about and/or discuss as none of the information is known as fact and is subject to change as official news is released by the company to provide direct guidance. With all that have been posted above, ask yourself: What if the OS is a lot lower than what many have been publicly led to think from information that could have been strategically positioned to cause confusion between the DTC, the Market Makers, and/or other unfriendly entities (or entity)? All is well! http://www.sterlingsclass.com/ IP: Logged |
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dwman Member |
Numerous 9000000 blocks trading this morning. IP: Logged |
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bill1352 Member |
thanks for sterlings post noah. he might have answered the ? about the differance in the ucad & cim split. then he puts a big ? on if that might be possible with his ucad theory. restricted shares are not delt through mm's they handle only shares that can be traded and as we all know you can't trade restricted shares. i might have misunderstood ameritrade when i talked to them but i was told they went right from the T/A to the dtc to be distributed to the broker accounts/ the mm's are not middlemen in this type of deal thus how can the make fake restricted shares, send then to the dtc and then to the brokers. still his idea of why the differance in the splits makes the most sence. now if it is legal and the dividend was cut from 40 billion to 20 billion you end up under 800 billion and the differance in o/s count is 1,624,220,375 and with 11 days in between that could be possible. IP: Logged |
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