CMKX-Review NASDAQ thoughts from 1 May 04...
http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=3236
By: stervc
01 May 2004, 09:28 PM EDT
Msg. 3236 of 5432
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CMKX~OTCBB~NASDAQ~food for thought... I think that Urban is about to take CMKX off the pinks and on to the OTCBB. Then I think he will take CMKX from the OTCBB to the NASDAQ. We thought the reverse merge was to be with UCAD. It could be a reverse merger into a NASDAQ company. Just think, many NASDAQ companies would love to have this type of exposure. This wouldn’t be the first time a pink sheet stock went to the NASDAQ. I just don't see him being in a position to attract this much national exposure and still remain on the pink sheets.
“All they have to do” is to first get their share structure and financials pushed through their lawyers and on to the SEC. If properly coordinated, this could happen quickly. I believe this is something that CMKX have been working on all along.
This also could be why the SEC has not halted CMKX after being reported and inspected. The SEC has been aware of what has been in the works for a very long time now as I tried to inform others to remain patient. I think many can now see that this is bigger than what many have already expected.
CMKX is aware that major investors are waiting in the wings for them to move to the next levels of trading on the OTCBB to prove their seriousness. As for those who will be selling anywhere before a penny, there will be new investors continuously waiting in the wings to snatch those shares up. I believe that CMKX will establish a new base of shareholders on every dip once the runs begin.
I believe that CMKX already have those major investors and institutions already lined up. It should not be hard for others to see the same in my opinion with all of the connections that have already been made public. There is much more that have not been made public in my opinion. There are many that would welcome buying CMKX at a premium after CMKX further validate their presence of significance.
This news below should be enough to understand how the networking of key connections is just now beginning: http://www.racingwest.com/news/story.php3/8679/index.htm
I say "All they have to do" because I believe that CMKX is aware of this and have all of the paperwork done and is just waiting to place the share structure to the filings. I don’t think that Urban wants this to be trading at .0001 cent and not moving while receiving all of this national exposure.
Urban has to be aware that it would spook major investors if they don’t allow for CMKX to begin moving. I’m sure he has already placed timelines for movement to fall in line with key events. We are nearing those times. I think that he wants CMKX on the OTCBB before this major publicity campaign starts. This would mean that we should see a quick announcement of CMKX returning back to the OTCBB with the announcement of the share structure being filed with the SEC.
Even still, there are many CMKX affiliates that are not even aware of the trading aspect of CMKX as like many of us. This is how Urban wants it in my opinion. It’s not that he is hiding it from them. He is keeping business and trading separate from some while combined for other business partners.
As for the share structure, there are so many thoughts that I think we are very near to where share structure speculation is not essential anymore. I believe that the remedy that we are about to see will put investors minds’ at peace and we will move forward on to other topics of discussions. It’s either you trust Urban at this point or not. I have had enough revealed to feel at peace with my investment into CMKX. Whatever he is doing is a lot larger than any penny stock that I can think of right now. Too many key players have already been made known to be supporters of CMKX’s business plan that it’s only one way up from here and that is up in a very huge way. We all will see.
David Stone recently resigned as president of Kensignton who is in strong affiliation with DeBeers. Who better to add to your Project Surround team than the one who was a major player for growing the Kensington-DeBeers-Cameco joint venture in Fort a la Corne to what it has matured into being. Please read the links below for more details:
From the PR and Newspaper article... http://biz.yahoo.com/bw/040426/265402_1.html http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=2940
I think we will see why it was mentioned that in the Canadian Newspaper article that David stone is moving in a different philosophical direction. It has been mentioned that Urban is no doubt interviewing worldwide notables to fill one of the remaining board of director positions. Imagine what would happen to the continuity of CMKX (& share price) if they add such an individual to their board of director positions, or higher. http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=3163
We probably will be seeing some huge affiliations joining the party after this runs a bit too in the likes of Ford, Dodge, Chevy, Toyota, Nissan, etc. Since CMKX is the primary sponsor of the races that they all are involved, it will become a thing of investing into each other to help each other out. I expect to see some increased networking take place between all of these entities. They are going to no doubt want to buy a position of CMKX and to assist in getting their investment to the major markets too. Again, these connections could have already transpired for CMKX to have been awarded the position to sponsor these major events. http://www.speedtruck.com/
Because of this new found role of sponsorship, CMKX will no doubt now be positioned for bigger and better things.
Now back to the NASDAQ thoughts. A company must move from the pinks to the OTCBB and then to the NASDAQ if I’m not mistaken. There are companies that are trading on the NASDAQ today that are looking for a way to increase their versatility to instill a shot of growth into their stock. What better ways to do this than to allow CMKX to either merge or reverse merge into your business plan?
I’m saying NASDAQ, but I’m really referring to any stock on any of the major markets. Any stock trading on either of the major markets that is in jeopardy of being delisted would no doubt welcome the addition of a diamond exploration company that has diamonds in my opinion.
Even if we reverse merge, I would expect to see something similar as to what happened to the share price of CMKC, now CKEC, which is not related to CMKX although their tickers are similar.
CMKC, formerly CKECQ for those who remember, had come out of its reorganization from bankruptcy in Jan 02 at .19 cents per share as indicated below: http://www.findarticles.com/cf_0/m4PRN/2002_Jan_3/81256049/p1/article.jhtml http://www.findarticles.com/cf_0/m4PRN/2002_Feb_7/82624153/p1/article.jhtml
CMKC went from .19 cents to $1.02 per share from its reorganization from bankruptcy. Then CMKC then soon went to $3.46 per share. Soon afterwards, CMKC went from $3.46 price range to opening up at $17.75 per share on 4 Feb 02, on the OTCBB from trading on the pink sheets. http://www.findarticles.com/cf_0/m4PRN/2002_Feb_5/82525123/p1/article.jhtml
Later it opened up under its new (old) ticker of CKEC on the NASDAQ on 23 May 02 at $30.00+ per share. The bid never dropped on that day below $29.28 and the stock closed at $30.12 per share for that day. Later the stock drifted downwards to later stabilize at the $16.00+ per share for months.
Today, 1 May 04, CKEC is trading at $37.74 per share as indicated below: http://finance.yahoo.com/q?s=ckec
It has been trading over $25.00+ per share since 13 Aug 03 and over $35.00 per share since 22 Oct 03.
I’m not saying that CMKX will do the same as CKEC although even doing near such would be nice. I just don’t think that Urban is doing all of this to remain on the pinks. I just think that it is now time for us to start thinking “Big Picture” and not “Little Picture” for share price movements of justification. With what have been now reveled to the public, there should be no doubt in anybody’s mind that CMKX is well worth the risk.
I’m sure that he was told or is no doubt aware that when he gets off the pinks, he will have a new group of investors that will invest into CMKX. He will pick up new investors all throughout this marketing campaign. The networking is now in the mix and has been for some time now.
Since we really never had a bid for months, this eliminates the thoughts that he was selling shares on the open market. If any selling or whatever selling that was done was done at a level of trading outside of Level’s I and II. I take this to mean that such trading at such levels outside of the open market was done to rectify the share structure of CMKX.
As for the retiring of shares to fix the share structure, CMKX should be nearing completion if we have not completed doing so as of yet. It would be very powerful if he retired shares with the results of having those shares ceased to exist. This would mean that he was wiping out the authorized shares (AS) all along. This would mean the new AS would be equivalent to the outstanding shares (OS) which would probably be equivalent to the float. That would mean us.
So, if I had to guess, there is a good chance that we might not see a PR of the share retirement being completed, but one would be nice. Our reward for being shareholders is Urban putting our shares in a position to be bought by other investors who would want your shares at a premium. To include him and other insiders to further retire more shares at higher prices as value is enhanced. This means that as more people sell the more shares to be bought to go towards continued retirement if his goal has not been met for his desired OS.
The more shares Urban retires, the higher the fundamental value of CMKX shares would be since these are shares from the OS and/or float. Read below to understand the share retirement process: http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=2727
As for the exact details, there are many thoughts that could be generated to justify such activities. We really should not even focus anymore on the exact details of how Urban is retiring shares; we should just know that he is doing such and be glad.
I just don’t see all these marketing and drilling actions evolving into a stock remaining on the pink sheets. There are too many other entities involved too deep besides Urban, friends, and family right now for this to fail. I think the share price is nearing the atmosphere and is on its way to the moon.
These are all my opinions and should only be considered as “theories” until converted into “facts” by CMKX. We should be nearing prosperity very soon with CMKX!
Sterling
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May God Bless All.
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