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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » CMKM (Page 3)

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Author Topic: CMKM
competentone
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quote:
Originally posted by realityinc21:
WELL I DECIDED TO HOLD ONTO CMKM. A MIRACLE COULD HAPPEN AND IT COULD GO TO .0002.

I HAD A SELL ORDER IN FOR .0002 BUT TOOK IT OFF.


I bought at .0001 and sold a few weeks later at .0002--that was in December. Near 100% return is nice!

Unfortunately, the company is issuing shares with "reckless disregard" for the effect on share price.

What they plan to do with the capital they're raising is the question. If they attempt to run a "real" business the stock price could run up a bit, but I suspect they're just "paying their own salaries" with the funds raised.

Even if they try to run a legitimate company, doing the math looking at "shares outstanding x share price"--I conclude that you won't see a share price anywhere much higher than some fraction of a cent.

Their press releases are suspect in a number of ways; one of the biggest is the lack of any mention about "permitting" or "environmental impact studies"--which is why I've concluded the funds being raised are not being directed toward any "mining operation" but are just being used to pay "salaries."

Not a stock I'd hold long-term, but just trade (as I've done already).



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emunahstock
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I thought I read that because of the name change, they can get rid of a lot of the outstanding shares and knock the float down.
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competentone
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quote:
Originally posted by emunahstock:
I thought I read that because of the name change, they can get rid of a lot of the outstanding shares and knock the float down.

That could help the price somewhat, but if they just keep selling shares up to the limits they're authorized to issue, you won't see the price move up and stay up.

Simple "supply and demand" issues here.



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PAUL
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I spoke with Diamonds Hotline: Melvin O'Neil Office Tel.: 306/752-3755 on the phone for a while today about several things. He was quite re-asuring regarding his confidence in the POTENTIAL for CMKM. Though he did not seem to "pump" anything in my opinion.

From the conversation I had with him. My opinion would be from SHORT SELLING.

I remember something from our conversation leading me to think that this was one problem that CMKM faced that would have to be resolved in order for the price to be able to move.

He was VERY candid regarding why so many people were "rightfully" upset about past events.

Who knows, I don't. I hope it turns up at some point to allow me to make a great exit.

I also have the impression that a Reverse Split will not happen anytime in the near future.

If a R/S does happen then I will personally loose confidence in any posibilities that there is a legitmate effort behind this company.

PAUL

quote:
Originally posted by cdrj1:
I know that I have posted this before, but I never really got an answer...

Can anyone tell me why CMKM has not moved in price? With 1.5 billion trades just today, and the huge interest in ".0001 companies," then why hasn't CMKM taken off?
Thanks


------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.


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VNGNTN1
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PAUL
Not asking to change anything. Somethings one can focus so much on an idea that you forget to look around.
I was trained as a minister, decided that it was to great a responsiblity and settled on "advising " Newbies on stocks. I haven't made a dime on either.
VAN

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cdrj1
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quote:
Originally posted by PAUL:
From the conversation I had with him. My opinion would be from SHORT SELLING.


Sorry Paul, I didn't quite get that... What do you mean? Thanks


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Neo
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Paul happy to see a brother out here, your assistance would have been good yesterday, check out ---Qbid going to hit a penny this week--- click num 1
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PAUL
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VAN, LOL

Thanks, That was funny.

PAUL

quote:
Originally posted by VNGNTN1:
PAUL
Not asking to change anything. Somethings one can focus so much on an idea that you forget to look around.
I was trained as a minister, decided that it was to great a responsiblity and settled on "advising " Newbies on stocks. I haven't made a dime on either.
VAN

------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.


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PAUL
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Neo,

QBID is one I will need to stay away from.

To me there are too many things in this life far more important than money.

I personally would not be comfortable investing in QBID because of the nature of the business. I am not saying that other christians have to feel the way that I do. Each has to do what is right in their own heart.

I know that I can not do it with a clear conscince before God. So I stay away. There may be other questionable companies I have invested in or that I may invest in in the future. There are just some things I can not take part in. Everyone makes up there own mind. I make up mine.

PAUL

quote:
Originally posted by Neo:
Paul happy to see a brother out here, your assistance would have been good yesterday, check out ---Qbid going to hit a penny this week--- click num 1

------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.


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PAUL
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I was trying to answer the question of why is the price staying so low.

It is my understanding that it may be SHORT SELLING.

Hope this makes it clear. If not I will try again.

PAUL

quote:
Originally posted by cdrj1:

Sorry Paul, I didn't quite get that... What do you mean? Thanks

------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.


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emunahstock
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THIS IS FROM THE RB BOARD, FOR WHATEVER IT IS WORTH. TO ME, I BOUGHT $350 WORTH AT .0001 AND HAVE BEEN HOLDING AND WILL CONTINUE TO TAKE MY CHANCES AS I LIKE THE UNDERDOG.


CMKM INFORMATION FOR YOUR CONSIDERATION:

Although there are a few things that are being kept behind the curtain, we have managed to get a peek via a certain friend who works closely with other companies that either work with and/or will be working with CMKM. We have also managed to find several other good CMKM contacts. Please understand again, your trust is very necessary to protect these contacts and sources regarding both CMKM and other good stock investment opportunities in the future. Please read on.

DID YOU KNOW:

CMKM has more claims than what is being released for public knowledge? This recent acquisition should be PR'd soon. As if the older claims weren't a Great Find, the new CMKM claims were expressed by a now EX-DeBeers Geologist who now has examined the claims and prognosis thereof said...
"on a scale from 1 to 10, the DeBeers claims are rated at a 6. The Casavant claims, however, are rated a 9 out of a possible 10. The only reason I can't give it a 10 is because no one has ever seen a 10 before."

The reason for all the Volume Actives is NOT the MM's flipping and it is NOT buys and sells? 85-95% of all Volume Actives everyday are the due to Share Retirement Program!!! The most recent PR about "Share Retirement" PALES to the reality. THE O/S IS BEING ABSORBED!!! It will also be PR'ed that with the new Joint Venture's coming in , there were stipulations attached to absorb the OS due to the "swapping" of shares going into these contracts!!! What a headfake! People are so confused they are either selling out or buying in and they don't know why! Precisely our reasons for issuing this communication..to provide you with some clarity!

There is a "Changing of the Guards" at CMKM and Mr.C will be sort of pushed into the shadows?? This is a Command and is not flexible.

We are NOT drilling at Green Lake? The first targets are going to be in FALC and it is possible that drilling is starting as soon as this week. Drilling the core samples will only take 7-10 days and results will be examined and PR'ed a few days thereafter. This will happen very fast!

The "BOSS" (not Mr. C.) wants PPS at .01 prior to any Power PR's? This will expose CMKM (name change & new symbol due) as a "True to God" PowerHouse within the Diamond Industry and the Investment Community will finally see the Incredible Value held within their claims. This might happen as soon as this Thursday or Friday. The reason for the .01 target is that it is always easier to move from .01 to .50-$3.00 than it is to move from .0001 to .50-$3.00.

There is a new Promotional Company coming onboard??? That is when all hell is gonna break loose!!! If this company's compensation is structured properly, they HAVE TO get the PPS up or they don't make a dime.

Thank you for your Trust and Keep the Faith

The OTC Analyst Group

TPaul and Okanagan

DISCLAIMER:

Please be advised that The OTC Analyst Group is not affiliated with any broker or dealer. We are not offering securities for sale or a solicitation of any offer to buy securities. An offer to buy securities can be made only with the accompanying disclosure documents and only in the states and provinces for which they are approved. The information contained in the profiles reflects the personal opinions of the authors. The information contained is gathered by researching extensively from company news, SEC/SEDAR filings, brokerages, other research sites, business contacts, electronic databases and various other forms of information media.

In addition, we do not accept any liability for the accuracy of the data contained on this recommendation and the data is subject to change without any further notice. Information in these profiles is provided to us by management and is not audited unless indicated. Readers are advised to do their own investment research and verify all claims to make the best decision. We are not in any way responsible for any profits or losses resulting from acting upon the recommendations. We reserve the right to buy or sell our position in any company we profile at any time.

Any forms of compensation received will be fully disclosed by The OTC Analyst Group.


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PAUL
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Emu,

I know you are not claiming that everything you just posted is true. I would not want to be understood as having that position myself.

I will say this, true or not. With the exception of my understanding about the possible Naked Shorting or Short Selling. As a reason for the PPS staying down on huge volume. Everything I just read in your post sounds pretty consistent with what I heard in my phone conversation yesterday. Though I did not discuss where the drilling would be or anything like that.

PAUL

------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.


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pennyjunkie
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haha CMKM is at .0007 again! Is this for real, or another glitch?
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GatorMan
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Must be a glitch. I'll bet someone meant .00007.

[This message has been edited by GatorMan (edited February 10, 2004).]


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PAUL
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I don't know if it was a glitch or if it was someone hitting that. I do know it looked good in the portfolio.

PAUL

------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.


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pennyjunkie
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I don't know about you all, but I'm buying another 2 million. Always have faith in the underdog. Plus, if some of this info is true, we may be sitting on a gold mine! Any thoughts would be appriciated. Also, how much is everyone else in for. I'm at 8 mil. right now. Its a long shot, I know, but it seems to be selling relatively easily right now, so I'll (hopefully) at least get my $$ back if i'm wrong.
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PAUL
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I think caution sholud be the key here. If it ever does hit it would seem you are in a good position to take advantage of it already.

If not... Why add to the loss?

Just my thoughts.

I am interested in this because I am in a low los position right now. I am at a loss of 93.00 on 2,000,000 shares. I like where I am at with this and I think it will move again. (You might replace the word THINK with HOPE in my previous sentance and it would be more accurate.)

PAUL

quote:
Originally posted by pennyjunkie:
I don't know about you all, but I'm buying another 2 million. Always have faith in the underdog. Plus, if some of this info is true, we may be sitting on a gold mine! Any thoughts would be appriciated. Also, how much is everyone else in for. I'm at 8 mil. right now. Its a long shot, I know, but it seems to be selling relatively easily right now, so I'll (hopefully) at least get my $$ back if i'm wrong.

------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.


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Randy803
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DID CMKM JUST MOVE? Is the world ending?
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Spyder5000
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.0002
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Bam Bam 17
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CMKM @ 0.0002
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PAUL
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Be sure. The world as we know it is ending. Maybe not today. But I am not sure of when.
However concerning CMKM, it looks like real sals going on at .0002

Hum.....

PAUL

quote:
Originally posted by Randy803:
DID CMKM JUST MOVE? Is the world ending?

------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.


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old mullet
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wow!! almost 5 BILLION shares today. 5 billion 1 dollar bills laid end to end would encircle the globe about 20 times. i think i did the math right. used 6" since all i have is pesos.

wouldnt you just like to pick up the batch that ran across your city???

uncle milty


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PAUL
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I live in a small town, and to answer your question. I am trying to pick them up as I type.

PAUL

quote:
Originally posted by old mullet:
wow!! almost 5 BILLION shares today. 5 billion 1 dollar bills laid end to end would encircle the globe about 20 times. i think i did the math right. used 6" since all i have is pesos.

wouldnt you just like to pick up the batch that ran across your city???

uncle milty


------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.


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PAUL
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Does anyone know of a way to actually see any depth to the market on CMKM?

PAUL

------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.


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cndboy
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Oh my it's alive...........
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realityinc21
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quote:
Originally posted by cndboy:
Oh my it's alive...........

D%^&*&&^^%$$MMMMM

------------------
DIANA


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PAUL
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The heart has stopped.....

Give me the paddles....

Clear...BUZZZZ

Clear..BUZZZ

thump thump
thump thump
thump thump

Is that a heartbeat,OR just gas?

PAUL

------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.


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WWJD-thru-me
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Paul, I respect that you didn't invest in QBID because it would conflict with your beliefs. I also sat that one out and it killed me. I knew it was going way up and all I could think was 'What if you gain the whole world and lose your soul'. (BY the way this is not a put down of anyone who doesn't hold this particular or peculiar belief) I kept thinking of Woody Allen saying 'The thing I hate about selling your soul to the devil is the long lines'.-Debi
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PAUL
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WWJD,

There were two altars in the old testament tabernacle.

One was just inside the gate. It was used for sacrifice. The congregation could see this altar from the gate. The other was inside the tabernacle. It could not be seen by the congrgation. It was used for inscense.

I think of these two altars this way. The one for incense being that of RELATONSHIP. The one for sacrifice being things that we do in SERVICE.

The one for service becomes a drudgery when we dont ever get to spend time closer to God in a relationship. However, when we spend time inside the tabernacle and have that relationship going good. Then God can send us outside to kill bulls and sheep all day long and it does not even seem like a sacrifice.

I am sorry that you felt torn about the QBID stock. However let me share one verse.

Judg 2:20-22
And the anger of the LORD was hot against Israel; and he said, Because that this people hath transgressed my covenant which I commanded their fathers, and have not hearkened unto my voice; I also will not henceforth drive out any from before them of the nations which Joshua left when he died: That through them I may prove Israel, whether they will keep the way of the LORD to walk therein, as their fathers did keep it, or not.

God chose to leave an option in front of His people. To prove them. Any time they wanted they could walk away. They had to choose to live His way.

Sorry this is so long & off topic everyone... I did not mean to preach.

PAUL

quote:
Originally posted by WWJD-thru-me:
Paul, I respect that you didn't invest in QBID because it would conflict with your beliefs. I also sat that one out and it killed me. I knew it was going way up and all I could think was 'What if you gain the whole world and lose your soul'. (BY the way this is not a put down of anyone who doesn't hold this particular or peculiar belief) I kept thinking of Woody Allen saying 'The thing I hate about selling your soul to the devil is the long lines'.-Debi

------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.


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Randy803
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Must be a lot of profit taking on the CMKM it cannot seem to get up before its knocked down again. Was there some news today? Or is it just moving on its own? Anyone?


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PAUL
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No news that I have found.

I have looked.

PAUL

------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.


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butwhyowhy
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anyone manage to sell at .0002?
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GatorMan
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quote:
Originally posted by butwhyowhy:
anyone manage to sell at .0002?

Not yet, but I have my order in so I can have some free shares. I think we are seeing the rounding effect - MMs trading between .00014 and .00016.


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PAUL
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Where are you getting the 5th decimal info from?

PAUL

------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.


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GatorMan
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quote:
Originally posted by PAUL:
Where are you getting the 5th decimal info from?

PAUL


Not from anywhere that I really know of. I'm guessing that MMs can trade with more decimals than we common traders can. One reason I think this is because I've seen CMKM trade for 0.0000 and I don't really think that would happen. Also, I think someone did an "at market" sell and got something like .00007. I'd have to search the posts to find that though.

I just found where I saw that. The CMKM name change topic, page 2, not quite a quarter of the way down (don't know how to link to it):

"Your market order exucuted at .00007 check your account tommorow. However you cant see this on ameritrade becuase they can only go to 4 decimals..."

[This message has been edited by GatorMan (edited February 10, 2004).]


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