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![]() CMKX ... VI ... The Saga Continues (Page 33)
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| Author | Topic: CMKX ... VI ... The Saga Continues |
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noahltl New Member |
This is A post worth reading..........by elcamino As they say colloquially, the silence is deafening. We appear to be in a CMKX deprivation chamber void of information. The biggest complaint right now from shareholders seems to be the lack of news to substantiate the rumors of cash dividends and a reason to celebrate at the Las Vegas Shareholder’s Party. Only now, we are beginning to realize that there may not be a reason to celebrate as the company moves towards building the fundamental elements needed to become a fully reporting company that can then report on its assets and its value. It is certainly possible, since I am a man of hope to think that there may be a reason for going to Las Vegas. A reason obviously is not enough people need cash to get there. Whether we will have that cash available is hard for anyone to say. I will be there since Las Vegas is only a stone’s throw from California. I am still hoping to see as many of you there as possible. As I see it, there is Old Business and New Business at work in CMKX. The old business revolves around “cleaning house” and removing the cobwebs from deals consummated two years ago by CMKX. Some of these deals required pay offs and others just simply were cancelled. I will not go through the long list of expected ventures from those days, but everyone can go back to those PR’s and check it out. I strongly believe that Mr. John Ed Dhonau from Nevada Minerals rescued CMKX shareholders and assisted Urban in getting out of some potentially bad deals at the time after he and Urban became acquainted with one another. Mr. Dhonau has an impeccable reputation in the business world. He does compliance enforcement for the SEC, and is held in high regard by both government and industry. We are fortunate to have him on our team. After some discussions, I realized that the two-year restriction on many of the restricted shares held by the 9000 or so registered shareholders are due to mature. The process of accounting for these shares and determining who got them and who did not has taken some time. This was the topic of a past press release. I believe accountability of these shares is complete and now the company has to determine whether to release the restrictions on them or not. With these restrictions lifted, the possibility of seeing these shares sold on the open market would appear to average shareholder as if the CMKX was selling shares. Most of the certificates are in Urban’s name held for the individuals. So anyone checking through a broker or market maker would be advised that this is the case. On the other hand, the question of a naked short sell has been a topic of contention as well. Several people that I have spoken with including a market maker that I contacted by phone has confirmed the short. The question is just how large is the short position with CMKX. If anyone wants to really know, what I think about the short position then I will refer you to post # 59120 made by Oaks on August 4th in Sterling’s Classroom on Raging Bull. http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=59120 I do not believe that we have an extremely large short but there is a short. In a nutshell when we see a filing I believe we may see a different share structure than what we have been previously led to believe. Today we saw Jeffries and Company disappear from the Level 2 quotes and some shareholders have even called to confirm that they can no longer make a market for CMKX. It was just a matter of time. We will see how long this lasts and if in fact, it is what it is. As we have seen, the volume is low and it appears that availability of shares is becoming scarce. This just a couple of days before the UCAD dividend appear in our accounts. This is an indication that we are very close to seeing the Casavant Maneuver (Oaks) in all its glory. As I indicated at one point, the Casavant Maneuver is Specific, Pertinent, Applicable and Measurable. As it all comes together what I look forward to seeing is the measurable aspect of the maneuver. That is the point were we could begin to measure the results through an increase in the price per share. Under Old Business, also have the CIM shares issued to shareholders a year ago. Those who were in CMKX back then will be coming up on their one-year anniversary with those shares shortly. It is my understanding that those shares have tremendous value and potential especially since those people will be receiving new shares of the CIM dividend in addition to what they received last year. If unrestricted when CIM goes public those shares will give value to those that have the extra shares. Reason enough to hang around and see where this all goes. The New Business centers on new deals and new companies that we have yet to even imagine or speculate. As we saw recently the public emergence of St. George’s Metals Inc. left us all dumbfounded. No one knew anything about this company or that it was about to go public at the end of a 30 day quiet period. Well what if a quite period is still in effect awaiting the emergence of more deals and more companies. At this point, that is the most likely scenario as we draw closer to becoming a fully reporting company and our associations with Nevada Minerals and U. S. Canadian Minerals flourishes and grows stronger each day. Today we received a press release concerning the delivery of the third $2.5M installment of the $10M dollar deal with SGGM. According to their IR person, Ms. Vicki Curran we will shortly see press releases enlightening us more about the company. I hope that it will also shed some light as to the relationship between the two companies. We hear that we will be fully reporting by Christmas of 2004 and that momentum for 2005 is even better for this company with incredible potential. Many very intelligent shareholders that I have the pleasure of speaking with have speculated on some of these deals and it will be exciting to see how, when or if some of these scenarios will play out. For now we hold on to millions of acres of claims, core samples that have the potential to forensically tell a story about our future and the deliberate and methodical manner in which Urban Casavant, D. Roger Glen and John Ed Dhonau and even Rendall Williams orchestrate the finale to this opera which began two years ago. The issues surrounding the increase in the authorized shares and the distribution multiple for CIM revealing a potential short or potential upcoming increase to almost 1.6 trillion shares is in my opinion a head fake as Urban runs to the end-zone. These multiples can change before the payout date of the dividend and may serve a purpose other than just letting us know how many shares we will receive. Since many have already postulated the share structure I will not bore you with the details but I will say that part of the Casavant Maneuver was to buffer the shock of the shareholders through the distribution of these dividends. When the 10QSB is filed, we will already be anesthetized, however, I also believe that we will be extremely surprised at what we see in the report in regards to structure and valuation. As many of you know, I do my best not to speculate but prefer to analyze factual data and put together information that I have heard or know to be fact. Many of the issues that I address in this post originate from conversations and inferences made to me by many. I have heard Urban espouse his love for racing to many shareholders at the races and have heard him tell them that he personally has funded these races and not CMKX. In addition, Urban has personally been funding day-to-day operations until joint venture deals and cash began to funnel into CMKX through the many deals that we are now seeing. There is no auditor that I know of who can argue that a company that has cash on the balance sheet is not a solvent company. We are solvent and a very viable business concern. Now we need to produce earnings. Part of the new business that we have yet to be made aware of which includes core sample results, audit results, a 10QSB and framework denoting the plan for the future. I hope that this framework will reflect mineral claims that may be sold to other competent agencies and more joint ventures with prominent companies in the FALC area including long-term plans for mining operations. At some point soon, we can expect CMKX to be fully reporting; our CEO to do a state of the union style address to the shareholders and see the beginning of a legacy materialize right before our eyes. I encourage you all to sit tight and wait out the storm we are in the eye of the Perfect Storm (Sterling) and soon the whirlwind will carry us off to profits and reasons for celebration. The time draws nigh, the market makers and any devious individuals suspected of trying to do us in are facing their demise. House cleaning is complete and new deals are on the way. This all appears complicated but is in fact marvelous in its simplicity. Do not think too deeply into it and keep things basic and fundamental. As I indicated in my Canadian trip report, it is Business 101. My Best to all and God Bless elcamino IP: Logged |
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Upside Member |
Well, I hope you stay safe in Florida. Lord knows you've taken enough of a beating already down there. As for the point/counterpoint thing, I probably won't be able to stop myself from posting when I disagree with you and I hope you'll do the same when you think I'm full of it. That's what keeps this thread fun. IP: Logged |
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will Member |
No harm, no foul, Doji Man. I am a baby over this stock. Hope your right and that money flow graph turns into the price of this thing. Hard to have faith in the techinicals on this one, for me at least. The management is so messed up, they could screw up a cream pie.
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Upside Member |
Will, check your e-mail. IP: Logged |
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Wallace#1 Member |
Thanks Doji. And you are still irrelevant!! Surprised you haven't told anyone to "shut up" yet. LOL IP: Logged |
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Wallace#1 Member |
Will wrote: The management is so messed up, they could screw up a cream pie. ------------------------------------------- What "management"?????? IP: Logged |
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will Member |
Should I have said mismanagement?
quote: IP: Logged |
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noahltl New Member |
DrDiamond Global Moderator
Gender: -------------------------------------------------------------------------------- I have to agree with Zen that CRWN is run by the brother of he that runs JEFF. I believe they are in so deep that they will have to continue to short, even at these levels, through the October 1st dividend. The downward pressure they are generating is easily seen through the above 90% retail buys showing that the sells are coming from the MM's and not you and I. In an even or clear trading market for CMKX we would have a near perfect percentage balance. This is a major gamble on the part of the MM's, but they are believing that the downward pressure will be too much for investors after the dividends go through. Ater Oct 2, the MM's expect the weak handed investors to begin selling their positions which could easily be near 100 billion or more and unfortunately it looks like they will possibly get them to do just that. It doesn't take long reading the posts around some of the boards to see how vulnerable a lot of investors are at this point. All in all we are going to see this down pressure for another 1 - 2 weeks or until we announce being fully reporting. With current developments inside CMKX no one can really guess accurately what news is going to come out next. We have our hopes and dreams, but until it officially comes out, that is all they are. When the air clears and CMKX is unveiled we will all be pleased in my opinion. Keep the faith. The answers to the questions that many have are coming forth very soon. Be well Dr.D IP: Logged |
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dwman Member |
Anyone with L2 that shows MMs? Vol started off with a bang but has come to a screeching slow down. Are we in this alone or are there MMs lurking? IP: Logged |
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Upside Member |
Everyone watching their accounts for the dividend today? Nothing in mine yet. IP: Logged |
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dwman Member |
Appears the MMs all slept late this morning. ![]() IP: Logged |
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lionelbuff Member |
My wife and I are new to posting. We started buying CMKX in March of this year and have accumulated 19.4M. The posting we find is interestig. We greatly appreciate those fifteen people that take time out each week to post at least three times a week. We have become more informed this year than the last ten years in the regular market. We like our brokers but do our own research. Message for the stockholders with UCAD dividend coming. Contacted Ameritrade early this week and they stated that the preliminary count of 15.5 shares of UCAD for every million of CMKX. Again, contacted this same Department of Compliance & Safekeeping of Records & Dividends. As of 9/24/04 they stated, "officially UCAD dividend would be added to our account today." The officially has come from the Depository Unit(DTCC). However, at 9am(EST) the depository stated they did not receive the go ahead word yet. Jack IP: Logged |
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Wallace#1 Member |
Jack, Going to be in York next month? IP: Logged |
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noahltl New Member |
Thanks for the info, lionelbuff, and glad you're posting now. IP: Logged |
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pokeypanda Member |
I got a ? ... why do 1 billion shares of this thing get traded everyday? I mean I understand people buy at .0003 and holding till like .0004 even...but the price never moves! Do they just trade to lose commissions or what? IP: Logged |
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bill1352 Member |
just a thought...if jeff & nite are still out...say they were naked shorting to whatever amount, since any sells also lost the ucad dividend and since being restricted shares that they can not buy or short to cover maybe their game is up. no squeeze, no run up in the pps to try and cover, just threw in the towel. like saying we're short, we're not covering so sue me. they may have been able to cover a large amount of shares over the last couple of months and only be short a few hundred million at .000whatever so what a few hundred thousand and its covered included cash for ucad, gemm and only god knows if cim will ever cost them anything. why not just walk. you think a shareholder with a few million shares is going to get a lawyer costing thousands at least for a .0003 stock?. maybe a fine from the sec and thats a maybe because its a pink sheet and shareholders, right or wrong are the bottom of the food chain IP: Logged |
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noahltl New Member |
quote: Pokey. Everyday recently, 90% of the trades are "buys" only 10% sales. The MM's are obviously trading back and forth between themselves to hold the pps down. IP: Logged |
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noahltl New Member |
Bill, naked shorting is criminal. They have more to worry about than being sued. And if a suit is necessary, it will be a class action, supported by a group of investors. IP: Logged |
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is300 Member |
Looks like zeninvestor has finally flipped: http://tinyurl.com/6vpnn I would put some serious fire to the feet of Urban or any other insider that attends about If they are asking us to show the kind of blind faith and loyalty they obviously are seeking IP: Logged |
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is300 Member |
quote: Uh oh the B-S`ometer is going off.. how would you know what percent are sales and buys. And if 90% truely are buys then who is selling? Simple it's called DILLUTION of the 800 BILLION A/S. good grief if you are going to blindly pump at least make some sense. You lurk here 24x7, you would think you would of learned something by now. IP: Logged |
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VNGNTN1 Member |
BILL = = = = = = = quote: = = = = = = = = Any thoughts on how the brokers would react to this ? 1-Would it not be probable that each shareholder might pull all accounts if they hung you out to dry 2-Is it not the brokers responsiblilty to be sure that shares are settled to street name ? 3-Would every broker be willing to accept a fine ? VAN IP: Logged |
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glassman Member |
NITE is a PUBLICLY HELD CO they have shareholders to answer to.... IP: Logged |
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bill1352 Member |
i agree it is criminal but a proven naked short news hitting the air waves would cause a panic thus not desirable. i dont think the brokers would be involved. the whole idea is that the mm's borrow the shares from the DTC thus a record of who borrowed what thus a direct link to each mm. the brokers would fall into the victim catagory. if they pay ucad today monday any naked shares are exposed no if &'s or but's IP: Logged |
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bill1352 Member |
WOW...Zen's drugs wore off..lol must have ran out of that aged opium...lol IP: Logged |
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sdrobert Member |
OFFICIAL ON OTCBB SITE: UCAD ON 6 OCT @ SAME RATIO OF .00000962 http://tinyurl.com/5pzsx "CIM" ON 16 OCT @ SAME RATIO: .0256 http://tinyurl.com/6z3c5
what a f'ing joke wheres the pr on this one that is lame I think it is time to get out before it goes to .0001 oh I guess when we do get our "divies" it will be changed to dec of 2008 and for every share of cmkx we will get .000000000000000000000000000000000000000001 shares of ucad and half that for cim what a stupid joke IP: Logged |
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Upside Member |
originally posted by sdrobert: quote: That would make the total value of my UCAD dividend .0008 cents. Not too shabby. IP: Logged |
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dwman Member |
Better than the price of a share of cmkx, Up. LOL IP: Logged |
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sdrobert Member |
lol IP: Logged |
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Wallace#1 Member |
bill1352 wrote: WOW...Zen's drugs wore off..lol must have ran out of that aged opium...lol -------------------------------------------- Bill, LMAO at that one. It does look like Zen might have lost a lot of the "sparkle", doesn't it?
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Upside Member |
So now both the UCAD and the CIM dividends reflect an o/s of approximately 1.6 trillion. Noah, do you think you could post Dr. D's "this is good news" theory as soon as he releases it? I can't wait to see that one! IP: Logged |
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Wallace#1 Member |
pokeypanda, Be careful about what some of the posters here tell you. Remember, the markets require that in order for a trade to be consumated "for every willing seller, there must be a willing buyer. IP: Logged |
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sdrobert Member |
well the truth is it is great news rumor has it from the most reliable source, ill tell you who at the end of this post. They had to gather all the accountants and all personel involved in getting the shares to come to the dig site. THEY FOUND A DIAMOND THE SIZE OF A SEMI!!! they needed the extra help to carry this to the back of there wharehouse. more info can be found at www.casavantmining for glass diamonds.com oh on another note there has been rumor that the vegas party is actualy an fbi sting set up to bust grandma ethel because of her 600 dollars of naked short shares and her cousin the 16 year old miget who is actualy the president of the company. good luck on winning the kia. did you now it is as pretty as a chevette and gets the same gas mileage. IP: Logged |
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sdrobert Member |
oh yeah the reliable source is urban's second cousins wifes sister's friends lawyer's son IP: Logged |
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sdrobert Member |
oh yeah he also happens to be a distant relitive of grandma ethel's midget IP: Logged |
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glassman Member |
LMAO robert...good one... IP: Logged |
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bill1352 Member |
just off the phone with ameritrade...nasdqa trader also has the delay and the .000000962 or whatever listed...the guy i talked to has been waiting for the dtc to release the dividened himself, has been expecting a lot larger volume of calls on it. i brought up the aug 18th a/s increase and how the split changed 11 days later, said how selling 300 billion shares was not possible in that time. he said yes it was, that there are huge blocks sold in cmkx all the time that do not get into the volume totals each day. he said he didn't know but with cmkx that could have went in 1 or 2 blocks. sounded as if he was a shareholder, knew of zen & dr. d reads the bb's about this stock, has been to the cmkx web site at least the old one with the cars IP: Logged |
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is300 Member |
quote: LOL .. talk about criminal!! My firm belief is there is no naked shorting and it was all a front to Dillute shares and Roger was called in to make it all legal smegal. IP: Logged |
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Upside Member |
A while ago I figured out that 800 billion stock certificates stacked one on top of the other would reach halfway to the moon. Now at 1.6 trillion the pile would actually reach it. Figure that's what Melvin meant when he said "we're going to the moon"? IP: Logged |
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bill1352 Member |
this just in... HUGE STOCK SCAM!!!! CMKX Diamonds was found to be scamming trillions of investors. Today news came out about Urban Casavant and his diamonds claims. Even though the stock price was .0004 for months people keep buying. Today the outstanding share count of 1.6 trillion shares was announced. This is added to a naked shorted count of 3 trillion shares. Said Mr. Casavant, “I saw all this shiny glassy stuff and thought forc sure it was diamonds, turns out it was just old rum bottles from a party we had a few years ago. The SEC said that since Urban had such a good lawyer and since he was so sure it was diamonds they wouldn’t prosecute. In fact Wall Street was looking into putting up a statue in honor of the great Casavant manuveur. More on the story on the next 60 Minutes II.
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noahltl New Member |
quote:
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legal1082 Member |
Just got off the phone with Ameritrade, since their web site is down. I was told that the payable date is today (as we all knew), but that we may not see the shares for about a week. Apparently, they have to be delivered to each brokerage house. Hope this isn't repeat information! IP: Logged |
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Wallace#1 Member |
Bill1352 wrote: "huge blocks sold in cmkx all the time that do not get into the volume totals each day." IP: Logged |
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legal1082 Member |
quote:
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tradingpennys Member |
This is VERY interesting reading - All mining interests are mentioned and the info. from bulk samples... there's alot of good reading! The bottom of page 26 notice the Company that has approx. 250 claims under PROPERTIES AVAILABLE FOR OPTION AND/OR JOINT VENTURE. Plus a cool map on page 27. Saskatchewan Exploration and Development Highlights IP: Logged |
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noahltl New Member |
quote:
But for your information, I am not here 24/7, buy I am at my computer most of the day because I spend most of the day in my wheelchair, but thanks for your consideration of my personal business. IP: Logged |
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noahltl New Member |
quote: Upside if you look about a third of the way down on this page, you will see I have already posted Dr D's latest. And he anticipated what we would see here today, and influx of MM bashers trying to shake the weak hands on this stock. And it is going on, on most of the boards. IP: Logged |
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noahltl New Member |
quote: There is a solution to your dillema. Sell now and get out at .0003 and we won't have to listen to your whining anymore. IP: Logged |
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Wallace#1 Member |
noahltl wrote: And he anticipated what we would see here today, and influx of MM bashers trying to shake the weak hands on this stock. And it is going on, on most of the boards. sdrobert and probably many others have good reason to complain, since most are probably in CMKX as a result of all the pumping on all the boards. Hold, hold, hold. That's a certainty on this board. [This message has been edited by Wallace#1 (edited September 24, 2004).] IP: Logged |
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VNGNTN1 Member |
WALLACE = = = = = = = = quote: = = = = = = = Do you have an explanation ? VAN [This message has been edited by VNGNTN1 (edited September 24, 2004).] IP: Logged |
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Wallace#1 Member |
You should be able to figure it out! IP: Logged |
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