posted October 08, 2004 11:05            

quote:

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Originally posted by ed19363:
I just wish they would make up their minds what business they are in.....cars, uranium, diamonds, next we will be prospecting for cow poop.....
Ed

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They are a conglomerate in the making. They are in the acquisition business.

posted October 08, 2004 11:11            

Thank you for contacting us today regarding CMKX.

For CMKX, the spin off rate will be .00000962:1 for restricted shares of US Canadian Minerals Inc. The old rate was .0000155:1. The record date was 8-20-04. This means your CMKX buy trades needed to settle on or before 8-20 in order to receive the spin off shares. The payable date was moved from 9-24 to 10-6.

Restricted means that the shares are not registered with the SEC for trading availability. Once the shares are registered, a valid symbol would appear. Ameritrade does not know the anticipated time frame or details pertaining to the restriction at this time.

If you have any questions and wish to contact us via e-mail, please log into your account and send your inquiry using the "E-mail Us" link which can be found in the navigation bar at the left side of any page within your account. Select the Reorganization & Dividend Inquiry Form.

posted October 08, 2004 11:28            

quote:

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Originally posted by dwman:
They are a conglomerate in the making. They are in the acquisition business.

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posted October 08, 2004 11:37            

quote:

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Originally posted by GatorMan:
I called ETRADE and they said they will have to look into why the ratio changed and get back to me. I DID find out, however, that when the restriction is listed and the shares become free trading there will be a $150 fee. She said this was because they have to research the stock using legal counsel to verify that the restriction no longer applies. Sounds like just another way to get money from the customer to me. I can't see how it would cost that much (times all the customers who have the stock) to insure the restriction is lifted.

Oh, and one more thing. If the 111,111 to 1 ratio holds that means 833 billion shares O/S. Somewhat over the last known A/S.

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Got a reply from ETRADE. Not happy with it but what can you do?

"The UCAD dividend was paid at a rate of 0.000009:1. This means you received 0.000009 of a UCAD shares for each share of CMKX held. The 99 shares you received is correct.

"This is an updated rate received from DTC. The spin-off rate of 1:103950 that was provided by Bloomberg is incorrect."

posted October 08, 2004 11:39            

quote:

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Originally posted by GatorMan:
Got a reply from ETRADE. Not happy with it but what can you do?

"The UCAD dividend was paid at a rate of 0.000009:1. This means you received 0.000009 of a UCAD shares for each share of CMKX held. The 99 shares you received is correct.

"This is an updated rate received from DTC. The spin-off rate of 1:103950 that was provided by Bloomberg is incorrect."

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posted October 08, 2004 11:54            

quote:

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Originally posted by GatorMan:
Got a reply from ETRADE. Not happy with it but what can you do?

"The UCAD dividend was paid at a rate of 0.000009:1. This means you received 0.000009 of a UCAD shares for each share of CMKX held. The 99 shares you received is correct.

"This is an updated rate received from DTC. The spin-off rate of 1:103950 that was provided by Bloomberg is incorrect."

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Ameritrade's rate was .000000962:1.

That's an entire decimal difference.

posted October 08, 2004 11:58            

i had the 5 0's not 6 0's

quote:

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Originally posted by WinsumLosesum:
Ameritrade's rate was .000000962:1.

That's an entire decimal difference.

?????

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posted October 08, 2004 12:01            

quote:

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Originally posted by DeadSurf:
i have ameritrade...my rate was the 0.00000962:1

i had the 5 0's not 6 0's

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posted October 08, 2004 12:23            

Hey there is a lot of money to be made in selling magical mushrooms!

posted October 08, 2004 12:47            

p.s.
i used to laugh when people said they are going to find uranium.
the uranium rumor was no joke!

posted October 08, 2004 12:49            

quote:

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Originally posted by ed19363:
Methinks something is rotten in the state of Denmark. How can CMKX trade BILLIONS of shares every day, and the price does not move?

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posted October 08, 2004 12:50            

quote:

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Originally posted by will:
OK, trading hard at .0002. Not to worry it's the shake before the "squeeze".
Where are the squeeze proponents with their explanation?

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posted October 08, 2004 12:55            

quote:

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Originally posted by DiQuiRiesco:
Hiding for good reason.

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posted October 08, 2004 13:04            

I wonder what else Bashers & Co. have been wrong about...

Hmmmm...

Again, some people are entering month three and half camped out on this board...

---V E R Y P A T H E T I C---

DiQueroass is a prime example...

Hey , where is 'La Fem'? I haven't seen him lately... Maybe he lost his breath somewhere! HA HA!

posted October 08, 2004 13:09            

Lol, Congrats! The Bashers here on this board are desperate...

Hey look, an O2 tank rolling down my street.. It say's Property of 'Le Fem'.

posted October 08, 2004 13:28            

and who would be selling the day before the dividend.
where did the MMs get the shares from they were selling.
out of a hat?
are MMs in their birthday suit.
i would say most likely.

the authorized shares are supposed to be 800 b.
(i didn`t do my research and i just believe it)
and then people just came up with 784 b.O/S after doing some simplefied calculation.

there is no proof of this!

and we don`t know why the a/s are 800 b.
if true i don`t think to dilute
it would not make sense,if it keeps pps
down.

think about it!!!!!!!!!!!

posted October 08, 2004 13:35            

they are counting as we speek

posted October 08, 2004 13:48            

quote:

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Originally posted by will:
NO! They left because the thread was hijacked. Don't try to tell me that they left becuase if there wasn't a "squeze of the century", they wouldn't be able to defend it or admit being wrong. They are much better than that. rightious, upstanding, people that would admit there isn't any squeeze, and people should not buy in hopes of one coming about.

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posted October 08, 2004 13:58            

member is offline

Posts of Substance: 9

Gender:
Posts: 999
CASH DIVIDEND (simple) now in yellow!
« Thread started on: Oct 7th, 2004, 6:45pm »

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This is a very simple operation. A simple way to get a cash dividend.

This was originally posted before the UCAD and GEMM runs. At the recommendation of Braindamage, I will update it as events unfold. I believe this theory has partially been verified by the runs of UCAD and GEMM. I will put updates to the following in yellow.

The following has so far been proven by FACTUAL information.(Volume).

Roger Glenn’s plan is incredible. It is benefiting our friends, UCAD and GEMM, and will benefit all CMKX shareholders at the end. It is all explained below. I am sticking with this plan completely. I am 99.9% positive that this is how it will unfold.

Have a good night. New is in YELLOW.

Could it be this simple?

08/20/2004 Record date for UCAD
Broker-dealer/market maker options.

A. Cover all shares in their account tagged short and later receive restricted UCAD shares to distribute legitimately.
B. Not cover all shares in their account tagged short and be responsible for the dividend themselves.
C. Not deliver at all. Investigated by SEC, fined, possibly barred from trading.

Option A. (Painful) Causes Broker-dealer/market maker to run up CMKX on a short squeeze. Increases the price of all CMKX tagged short in their account. Cost per million CMKX tagged short is 300 dollars if price doesn’t move on a short squeeze.

Option B. (Less painful) Take the hit on all the UCAD shares they have to distribute themselves. Either buy them open market or naked short them into your account. They are responsible if you sell them. Cost per million CMKX tagged short is 50 dollars. (10 UCAD per million CMKX with the round-up multiplied by a 5 dollar price per share) Or put fake, virtual, restricted, fraudulent shares into your account.

Option A. 300 dollars (variable depending CMKX short squeeze)

Option B. 50 dollars (variable depending on UCAD price per share)

It is very apparent to me that they chose option B. Furthermore, if you look at the volume of UCAD prior and after the announcement of the record date for the UCAD dividend… it seems some of the MMs were smart and decided to cover the dividend in a quieter fashion earlier. I have just realized this. What was nice to see was the procrastination of the MMs. This is causing a huge gain on the price of UCAD. It is also costing them more.

10 shares at 11 dollars is 110 dollars. This is still cheaper than a short squeeze on CMKX. Many people have not received their shares in their online account. I have received a marker for my shares in my online account. My broker has confirmed the shares are still not there. They are awaiting them from the transfer agent.

I still believe some may receive restricted shares and some may receive free trading shares. (Unless the market maker’s and broker/dealers have a way to attach the restricted legend to a free trading share. I have looked for this in the NASD and SEC rules and found nothing on it. Any help would be appreciated in that area.)

Currently… based on the volume of UCAD… it looks like we have a naked short position of over 200 billion on CMKX. http://www.stockwatch.com/swnet/utilit/utilit_snapsh_result.aspx?action=go&symbol=UCAD®ion=U&snapshot=SX

The math is pretty simple. You just look at the average daily volume before the run and subtract that from the days of the run. That tells you how many shares they needed to obtain. If they needed 7.5 million shares, that would mean the naked short of CMKX is double of the actual shares of CMKX. It is not that bad… maybe. They still have a few more days to buy more.

08/31/2004 Record date for CIM
Broker-dealer/market maker options.

A. Cover all shares in their account tagged short and receive CIM shares later to distribute legitimately.
B. Not cover all shares in their account marked short and be responsible for the dividend themselves.

Option A. (Painful) Causes Broker-dealer/market maker to run up CMKX on a short squeeze. Increases the price of all CMKX tagged short in their account.

Option B. (Less painful) Take the hit on all the CIM shares they have to distribute themselves. They will have to either buy them open market (if CIM becomes public by then) or create fraudulent, fake, virtual, private shares and put them into your account.

This is leading me to speculate. I personally think CIM will be public before the payment date. I don’t know what shell D. Roger Glenn will use (maybe SGGM). This could lead to a CASH DIVIDEND for us. Whatever shell he uses, will need a share structure that he can modify. The OS of the new shell will have to be equal to the amount of the actual shares to be distributed and the naked shorts. Urban and Ron will own all shares beyond those distributed to us. The Market Makers and broker Dealers will be forced to buy these additional shares in the open market.

This will be awesome. Our company will have bought this shell for dirt cheap… perhaps .0001. They can sell based on the demand. The demand by the Market makers and broker dealers will be equal to whatever they need to cover their short on CMKX. THIS IS HUGE. The demand for shares is not like demand for other companies. The demand for these shares is absolute DEMAND. The market makers have no other way out except to purchase these shares at the MERCY OF ROGER GLENN. These can run up to huge profits for the company.

These profits can later be distributed to the shareholders as a CASH DIVIDEND. THAT’S RIGHT. CASH DIVIDEND. You have no idea the power of what is unfolding.

posted October 08, 2004 14:20            

quote:

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Originally posted by bill1352:
gator...i'd be on the phone with e-trade. every other brokers split is .00000962. e-trade can not change it

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According to ETRADE the .000009 rate came from the DTC. The question is, who is correct, ETRADE or the other brokers? I'm hesitant to ask people who got the better rate to question their brokers because it may result in them having some shares taken back. It may get corrected anyway but I don't want to be responsible for starting it. Perhaps I could call CMKX and get it straight from them.

posted October 08, 2004 14:30            

quote:

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Originally posted by DiQuiRiesco:
The only thing they are aquiring is tons of BS.

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Then why are you even here? Surely you are not interested in buying BS. You sure sell a lot of it though.

posted October 08, 2004 14:37            

quote:

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Originally posted by bill1352:
gator...you wouldn't be starting anything only demanding your fair share. if you dont get the same split as everyone else e-trade is scr**ing you. if everyone else got it wrong then it will be changed anyway. you can point out that their split number means the o/s is more then the a/s which is illegal and they better fix whatever problem they have.

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bill, I appreciate what you are saying, and your concern. I think the problem is when it comes down to it, no matter what I demand they are going to take the DTC's word over mine and I will have just wasted a lot of my bosses time on the phone. I don't see it as a fight I can win by making demands. So, I've written CMKX to see if they can tell me what the ratio should be, and I'd like to contact the DTC myself. Now, if someone who got the better rate were willing to call their brokerage and ask where the rate they used came from, and if they are told the DTC and it's current information, I might be able to use that. But there IS something fishy going on with this.

posted October 08, 2004 14:48            

quote:

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Originally posted by bill1352:
glad to call gator. my account is ameritrade. be back soon with an answer.

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thanks

posted October 08, 2004 14:55            

quote:

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Originally posted by bill1352:
gator...ameritrade said normally the shares come straight from the t/a along with the split count. ameritrades split was 108,552.63 to 1 the guy said contacting ucad's t/a would be a good place to start. who they are i don't know. should be on one of their reports i'd guess.

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Thanks. I wonder if the T/A and DTC are the same thing. I'll be they are. If the T/A is the same one they've had all along it's probably the one in Salt Lake City.

posted October 08, 2004 15:09            

quote:

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Originally posted by bill1352:
t/a & DTC are 2 differant beasts. the t/a is a company working for companies the DTC is part of SEC sort of

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The T/A is 1st Global Stock Transfer LLC in Las Vegas. Long distance call so I'll have to wait until I get home. Hope they are still open. But since this is not the same as the DTC then it may not help.

posted October 08, 2004 15:24            

quote:

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Originally posted by bill1352:
the t/a represents ucad. they are the ones that decide the split not the dtc or the broker. this is the whole idea of exposing a naked short which the dtc was supposed to be in on. if you got that same split others with e-trade did too and that could add up to a lot of shares in e-trades account or they may not have had enough to go around. ameritrade said every broker used the same number but rounded each account a bit to even out shares. no split shares

[This message has been edited by bill1352 (edited October 08, 2004).]

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I'll try to take care of this when I get home in two and half hours.

posted October 08, 2004 16:16            

quote:

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Originally posted by GatorMan:
Does anyone know who the DTC for CMKX is and have a toll free number for them? Or non-toll free if that is all that's available.

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