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Originally posted by VNGNTN1: JUST SOME THOUGHTS & QUESTIONS 1-Why doesn't a company know how many authorized share they have? 2-Why don't they so state? 3-Why ask your transfer agent to do this in an audit? 4-Won't this PR simply extend several weeks the share issue. 5-A SIMPLE STATEMENT BY UC supported by an audited financial statement would clearup everything, rather they choose to "manipulate". --------------------------------------------- To answer #1 the company does know the Authorized shares. It supposes that there are more outstanding shares than are authorized and wants them covered. --------------------------------------------- They are putting the transfer agent on notice and giving him to chance to cover before he faces utter financial ruin. Him and any MM's that are short. --------------------------------------------- I agree with Paul that any good news at this point would result in a spike and then a tank. --------------------------------------------- As far as UC 'manipulating' if this was my company (and it is) and I knew the share count and saw it being naked shorted-which I have observed on other OTCBB stocks on level 2- what would I do? Maybe try to play nice for a few years, and then maybe spin a web and catch them in their own game. I hope this brings the type of ruin on them that they foist on small investors and small businesses every day. I am glad I paid the price of admission to have a ringside seat. --------------------------------------------- I am not trying to convince you to buy or hold-but I am convinced enough that they have diamonds and that they are severely shorted that I now have 10+ million shares. I see far more upside to this than the risk at .0003. --------------------------------------------- All the above is IMO-DD-and GLTA- --------------------------------------------- Questions for Vngnt: Do you think that Naked shorting on the OTCBB and pinks is a myth? Do you believe that the kimberlite fields in Canada are the biggest diamond find of the century? And if you could say why or why not -that would be great. Thanks-Debi
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I currently have 24 mil shares and am holding strong. I would buy more but my wife is really bugging me about getting a shed and I can't hold her off any longer
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PROBABLY YES to questions. Are you saying they have inside information ? and isn't that illegal? Why does CMKX care if illegal shares are there, which brings up the point again, IF UC holds all stock who will pay you?
VAN
[This message has been edited by VNGNTN1 (edited June 03, 2004).]
quote:Originally posted by Leardron: I currently have 24 mil shares and am holding strong. I would buy more but my wife is really bugging me about getting a shed and I can't hold her off any longer
I attempted, about a week ago to use Scottrade to buy into CMKX, however they only allow someone to SELL not buy. I did however come across ChocieTrade.com. I plan on opening and funding an account tomorrow. They claim I can trade CMKX online for five dollars a trade+comm. Not to bad considering Scottrade wants $22+0.5% however I am not knocking Scottrade, I plan on using them for my long-term Investments. I plan on trying to buy only like $150 worth, so at .0002 that is like 775k. How hard is that to get filled you think? Thanks everyone for all the DD you have posted. It is much appreciated.
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I never did like Ameritrade Streamer. Shows a lot of bad info sometimes. I trade with Ameritrade but use Alphatrade for Streamer and L2's and I don't see any of those trades your talking about in my L2.
quote:Originally posted by cool1sh: WHAT THE HE** IS GOING ON WITH CMKX..
BUNCH OF 0 VOLUME TRADES AND VOLUME GETTING LOWER.. AMERITRADE STREAMER
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Wow, that IBC radio is really talking a lot about CMKX and QBID. They said Nite moved off the bid, but 2 more took his place. Can anyone confirm?
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I attempted, about a week ago to use Scottrade to buy into CMKX, however they only allow someone to SELL not buy. I did however come across ChocieTrade.com. I plan on opening and funding an account tomorrow. They claim I can trade CMKX online for five dollars a trade+comm. Not to bad considering Scottrade wants $22+0.5% however I am not knocking Scottrade, I plan on using them for my long-term Investments. I plan on trying to buy only like $150 worth, so at .0002 that is like 775k. How hard is that to get filled you think? Thanks everyone for all the DD you have posted. It is much appreciated.
-John
Have you checked to see if ChoiceTrade is licensed in your state? Ask them, as they aren't licensed in PA So, I'm using lowtrades for cmkx right now.
------------------ FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of.
quote:Originally posted by Booty Quest: Wow, that IBC radio is really talking a lot about CMKX and QBID. They said Nite moved off the bid, but 2 more took his place. Can anyone confirm?
quote:I just wanted to say screw you to everyone who bashed and laughed when i started this thread...GLASSMAN...UPSIDE.....some other people....
Nice guy! No one came after you on a personal front, merely posted opposing viewpoints. Sorry you're unable to handle that. Also, I wouldn't start counting your millions just yet. This story is far from over. Look back just a few months, same thing happened. A few months prior to that, same thing again. Good luck to you sir and I'm truly sorry if I or anyone else hurt your feelings.
quote:Originally posted by Upside: originally posted by CashCowMoo:
Nice guy! No one came after you on a personal front, merely posted opposing viewpoints. Sorry you're unable to handle that. Also, I wouldn't start counting your millions just yet. This story is far from over. Look back just a few months, same thing happened. A few months prior to that, same thing again. Good luck to you sir and I'm truly sorry if I or anyone else hurt your feelings.
I agree with UP; I'm holding 5M shares of this stock for almost a year now. I hope it does fly obviously. I don't think anybody is bashing. We've just bein in this stock to long and have seen this before. Look at the history. Seen this before many times with this stock. I hope it hits .0004 that will be different.
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CCM, I am not sure what you motive is in posting such a flame toward others.
Thanks for starting the thread but, there were dozens of other cmkm & cmkx threads prior to this thread.
Perhaps when you started this thread it was the first time you started looking at the stock. From reviewing the first post it looks like that. Many of us have been in this for some time now.
Not that my contribution here would be missed but, I am out of this thread if it turns into a bunch of personal junk.
I hope it does not.
PAUL
quote:Originally posted by CashCowMoo: I just wanted to say screw you to everyone who bashed and laughed when i started this thread...GLASSMAN...UPSIDE.....some other people....
look where we are heading with this!!!!!!!!!
------------------ 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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UP Far too many people think all this fuss is DD I know we are taking hits for bashing,(just saw a post over @CMKX Message board) telling NEWBIES not to pay attention to negative posts and get in while it's cheap. Sure sounds like a PUMP ???? Anyway if we help just a few to keep it small for now. If this is blowing up like everyone says there will be plenty for all to share. VAN
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By: AlanC 03 Jun 2004, 02:37 PM EDT Msg. 11883 of 11887 (This msg. is a reply to 11877 by vaughnnn72.) Jump to msg. #
Just spoke with Edith at Pacific Stock Transfer, Inc. 702-361-3033. She confirmed that they would be CMKX'a new transfer agent but could not state what their start date would be. She indicated it all depended on how long it took 1st Global to get them the books and records to them. She suggested I call back the end of next week went she might have more information. Go CMKX!!! ----------------------------------------
It looks like the audit could take some time........
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Bashing and concern are 2 different things. Hey UP.. Your concerns always sound valid to me. Everyone can express their concerns/comments on this board.
quote:Originally posted by Upside: originally posted by CashCowMoo:
Nice guy! No one came after you on a personal front, merely posted opposing viewpoints. Sorry you're unable to handle that. Also, I wouldn't start counting your millions just yet. This story is far from over. Look back just a few months, same thing happened. A few months prior to that, same thing again. Good luck to you sir and I'm truly sorry if I or anyone else hurt your feelings.
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Vngnt wrote: Are you saying they have inside information ? and isn't that illegal? Why does CMKX care if illegal shares are there, which brings up the point again, IF UC holds all stock who will pay you? --------------------------------------------- They are supposed to have inside information. They cannot trade on it for their personal accounts but can keep secrets if it is in the best interest of the company and its shareholders. As far as who pays us for our stock-the MM's have to make these shares good. So they have to buy it for whatever price they can get them at. It will no doubt be very expensive and their insurance (which the brokerage houses are required to carry) may have to pay. But our shares have great value even if they are Naked Shorted as long as we bought them through a brokerage firm. I am sure some can answer this better than me but I think this is as valuable as the mineral rights. GLTA-IMO-DD-Debi
quote:As far as who pays us for our stock-the MM's have to make these shares good. So they have to buy it for whatever price they can get them at. It will no doubt be very expensive and their insurance (which the brokerage houses are required to carry) may have to pay.
Debi, I was discussing this very issue with someone just last night. Any idea how much insurance they're forced to carry? If this stock is shorted to the tune of a trillion shares (which is a number we have seen kicked around) and they decide to offer a dividend of even a penny, or the stock goes to a penny, what do you suppose would happen? Bankruptcy filings of epic proportions by market makers that would change the whole face of the market making business. I just have a hard time believing that CMKX will ever have that much influence on the market. They are an extremely small fish in a great big ocean and will most likely always remain so.
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So, I'm using lowtrades for cmkx right now.
