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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » CMKX .0001 good holding stock get in while its low (Page 51)

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Author Topic: CMKX .0001 good holding stock get in while its low
Booty Quest
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I think someone should start a new thread just for recent PRs and noteworthy posts for any new people interested in CMKX. 30+ pages often overwhelms people from even looking inside. And keep this one too, for more informal discussions.

Anyone up for it?


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Gobstomper X
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Well giving dissenting opinions on CMKX is proving pointless, LMAO!
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will
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Pretty impressive post by that attorney. It doesn't appear CMKX has hired, "Dewey, Cheetem, & Howe", either. Looks as if they are coming out of the shade, and trying to get right with Jesus for some reason. Wonder how messy getting them to become legit is going to be.
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Upside
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From the firms website:


Areas of Practice
Corporate

Private Equity & Venture Capital

Securities

Industry Experience
Financial Services
Healthcare
Technology
Telecommunications

Education
University of Florida, School of Law
J.D., with honors, 1980
Executive Editor, Florida Law Review Order of the Coif

Florida State University
B.S., cum laude, 1976

Bar Admissions
Florida

New York


D. Roger Glenn
Partner
New York
Phone: 212.756.0299
drglenn@EdwardsAngell.com


Roger has over 20 years of experience in securities law. He has handled numerous IPOs and other public offerings, PIPE transactions, exchange and hostile and friendly tender offers, mergers and acquisitions involving public and private companies, private placements, Rule 144A sales, Rule 10b5-1 plans and all filings and reports required by the Securities Exchange Act of 1934.


The companies he has represented have been in the telecommunications, media, health care, financial services, technology and software industries and have had securities listed on the New York and American stock exchanges and the NASDAQ stock market.


Notable Experience

Roger was involved in the $600 million acquisition by a major telecom company of corporations and limited liability companies holding FCC licenses.
Roger represented another major telecom company in a cash tender offer and the $450 million outstanding high-yield debt of an acquisition target pursuant to a change-of-control indenture provision.
He was instrumental in the acquisition of an Austrian wireless telecom company with $1 billion of assets.
Roger handled the successful takeover of an insurance company by hostile tender offer.
Roger represented a telecom company in the issuance of $200 million in Senior Notes in a PIPE transaction.

Recent Speaking Engagements and Publications

The Going Public Sourcebook,co-author, a guide to the initial public offering process and ongoing reporting and other compliance obligations of a public company published by RR Donnelley Financial.
Corporate Responsibilities of Public Companies in 2003, author, 2003.

Before Edwards & Angell

After college, Roger practiced as a Certified Public Accountant on the audit staff of Deloitte & Touche in Miami. He began his legal career with the Securities and Exchange Commission, where he conducted investigations for the enforcement division.


Besides Edwards & Angell

Roger is an enthusiastic golfer and tennis player.



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Upside
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Here's a link to what appears to be his manifesto: http://www.rrdfin.com/download/services/pub_pdf_html_files/Corporate_Responsibilities.pdf
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Bialystock
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Here's the follow-up repost to that first lawyer's opinion that Debi reposted. Here he gives his opinion on their choice of law firm, as he promised. Sounds knowledgeable. Thanks, Debi.
_____

Posted by: zeninvestor32
In reply to: None

Date:6/5/2004 12:40:27 AM
Post #of 16198

A LAWYER'S VIEW ON THIS LATEST PR.
First things first, let me say that I will be buying the living **** out of this stock on Monday. Ok, now that you know I'm slightly biased, here are my thoughts. All are my OPINION and as a lawyer I'll add thirty other disclaimers as to doing your own damn due diligence. LOL
Ok, bottom line is that this is REALLY damn impressive. This firm is ranked #133 based on revenue. Among counsel for debt underwriting, they rank number 10. And if you do a little research into their background and their partners, you will discover that they are one of the absolute LEADERS in dealing with private equity funds in the WORLD. Re-read that last sentence. That is not puffery. That is fact. Ask around my friends. I'm just telling you what I know. These guys are heavy hitters when it comes to financing and securities. As in the big boys.
In my opinion, there is a very clear reason as to why this company is bringing its filings and legal work to a law firm of this indisputable caliber prior to dealing with the SEC. There must be some very important things that must be handled. I know from experience that filing with the SEC to get OTC trading approval is something any two-bit securities attorney can handle. Yes, some suck at it and it will take longer but most competent attorneys can handle it for a LOT less than a top tier firm (and many probably for a cut in the action). But when you step up to a firm of EdwardsAngell's level, this is a whole new level. Now you are making sure that everything will be perfect. You are making sure that credibility, respect and thoroughness are attached to every letter on every document. Now ask yourself ... why would a company trading at .0001 earlier this week be going to these lengths? As a pink sheet, they don't have to and nobody would care much if they just used an average attorney. But they are not. They have selected from the best and probably picked one of a handful that has the unparalleled experience and connections with private equity funds that others cannot match.
Here's a link to confirm some information: http://www.martindale.com/xp/Martindale/Lawyer_Locator/Search_Lawyer_Locator/alm_info.xml?alm_id=97&...
I'm also impressed that this press release went out tonight. It shows that the earlier press release wasn't just a pump. They followed up on it. Kudos to management for that effort.
My personal opinion is that this is a very, very unusual move for a pink sheet company to make. I've genuinely not heard of a pink sheet company before going with a law firm of this level for its filings. 99% of OTC stocks ALREADY LISTED don't go with a firm or accountant at this level.
Take it for what it's worth but this looks like a huge hint of epic proportions. Yes, this is all still risky as any submicropenny mining stock would be. But in my 10 years playing the pennies (a hobby of mine), I've not seen this.
Good luck to everyone. I'm buying what I can under .001 next week. You do what you want. This is one risk WELL worth taking in my opinion. By the way, here's a few clients of Edwards Angell:
Bear Stearns
Citizen Bank
Columbia Capital
Fleet Boston
John Hancock Insurance
MassMutual
Merck Capital Ventures
PNC
Providence Equity
Providian
Travelers
UBS
Wells Fargo
Any of those ring a bell? LOL
Wow.


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ali
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CMKX will rock the world...

CMKX will be the stock of the month @ stock prowler .com (one word)

Go CMKX

[This message has been edited by ali (edited June 05, 2004).]


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STAR GAZER
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Diana, and anyone else that are on the fence about holding on to their shares or selling some or all at these prices. I was unsure if I should sell at least some shares, but now that Casavant has retained the major law firm of Edwards & Angell the question is answered. This is BEYOND HUGH. They don't do business with little people and it costs BIG TIME to retain them. They will go after the naked short sellers, they will make sure that
everything is in order for the company to move forward, etc. This is even bigger than if they had announced that they had found diamonds. I'm so impressed that I cancelled my order to sell at $1.00 There are only a few stocks in a life time that can take you to the stars. Years ago I had a chance to buy Aber diamond stock for $.25 which is now it the $50 range. I'm not going to make that mistake again and so I'm staying with this stock.

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ali
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Good post from CMKX board

The ideas that some may have had about a scam are OUT of the PICTURE! If a scam is not out of the picture for some then they need to have the rest of the lobotomy performed and get it over with!
This is no hoax!
This is no dream!
This is exactly what we were told it would be!
I believe Urban will get his desire and see a million millionaires!

Some are still worried about the MM’s! I believe the MM's already know what they have to do! They have to buy retail and fill the naked shorts! They can only do this as people sell! So DON’T SELL!

If assumptions are right then there is NO FLOAT out there at all! Especially no float at the rate of 12-20 billion shares per day! I would be surprised if CMKX doesn’t already have the SEC watching this trading! Could be one reason way Urban chose a NY Law Firm is because MM’s from the U.S. are in on it and therefore the need for the NY Law Firm to be involved! In Canada evidently it is lawful to naked short an American stock so no laws would be broken there, but the U.S. is different. One of the reasons for a stall over the last 4 to 6 weeks could have been Urban and others gathering evidence!

Too, a NY Law firm would take an open and shut case for CMKX against the MM’s providing they determined the rules of engagement and enough evidence is provided to convince them of victory!

The only shares that have been available are the ones the share holders and Urban own! If no one sells their shares the MM's have to raise their offer/bid on what we have until it is reasonable enough for some to sell! Then the MM's will not resale that share they have to use it to cover a naked short they owe.
What appears to be happening is that some of the MM's are going to try and push the price up so they can sell high and then pull back hoping that the PPS will fall and they can then buy back in on the fears of those that see the pps drop and foolishly sell!

The whole point is to HOLD! If no shares are available for them to cover the MM's will have to push the price up into the pennies and above until they can buy enough to cover!
They are out of time! The strength of the communications/PR’s from Urban are causing a stir in the market plus the attention the investors are making is becoming a SERIOUS problem for the MM's. They are trying to drop the PPS and people keep buying in and moving it up! There are only so many O/S shares, and with the volume we have been seeing one would speculate that the O/S is near/over 40 billion with a day trade rate of 12-17 billion being traded! But we know the O/S is much lower for it was 37 billion in Feb, 2004 and Urban has been reportedly retiring shares since before the first of the year!

The ones holding are wondering who's selling! The ones selling are hoping others will sell so they can get back in! There are billions of shares being held by investors like us that are not being traded so one has to wonder if the MM's are still trying to Naked Short this stock, hoping against hope!

With 12 - 17 billion shares being traded daily either investors are selling on their buy line or some are taking a loss! Which causes us to ask the obvious question, if so WHY? The information points that institutional/MM’s are the one’s doing the majority of the buying. The MM's are beyond playing hardball, they are trying to create a bigger gap than what is currently in play! They need at least a 2 point gap before they can make any serious ground on this thing! In attempting to establish that gap the MM’s have been over selling or naked selling at .0003 and .0004 and have not been able to get the buy back at .0002 where they want it! They have already accepted that .0001 is history and are beginning to realize that .0002 is history as well and more than likely .0003 is gone! They are in need of shares but there desire to win has them shorting the stock more and more creating even a greater deficit than before!
I believe Urban KNOWS EXACTLY WHERE THE AUTHORIZED O/S’s ARE AT! So bring in the auditors and NY Law Firm to establish and protect the company, prove it to be a reputable and reportable company, expose the atrocities attempted and perpetrated by the MM’s and bring them to justice! Secure the O/S and report the share structure, bring the company up to cruising speed, set the depth for the PPS, and set sail for the Higher more reputable boards with more than a clean slate!

In a time when investors have been busted by corrupt company’s, individuals bankrupted, losing all of their savings and retirement, because of bogus company’s and Corporate No Goods!
In comes CMKX onto the major market scene having not only cleaned house but having 1. challenged and took on the giants/MM’s
2. defeated them and brought them to justice
3. Respected and protected the individual investor
4. In the midst of adversity the Company presses forward
5. Brings in one of the Largest Diamond Finds Ever with other valuable ores/minerals
6. Still has 1.9 million acres of potentially diamondiferous kimberlite aboard - untapped
7. Nearly unlimited growth expectations
With CMKX coming on the major markets with a tried and proven endurance record; Corporate officers proven to fight for the investor and share holder; corporate confidence by the investors in today’s market will go absolutely out of this world!

You can fill in the blanks with what would happen to the PPS!

Just my opinion and I ask that you treat it as such!

Dr.D


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Az...Cats
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I agree 100% DON'T SELL keep those shares. Think big guys!
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SmokingUSA
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How am I going to get to buy
LOW if you guys don't SELL???
Actually I was wondering if
this is the same stock that
Kevin Bailey used to give
Ric Picks a hard time about.
Just think if you would of just kept
accumulating this one since back then.
WOW!!!!!!!!!!!!

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ali
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Incase any1 missed it..Melvin and Sterling on IBC Radio

Melvin on IBC Radio 6/4/04
http://yazzi.com/cmkx/melvin_cmkx_ibc_radio_060404.mp3

Melvin on IBC Radio 6/1/04 http://yazzi.com/cmkx/melvin2.htm

Melvin on IBC Radio 5/28/04 http://yazzi.com/cmkx/melvin.htm

Sterling on IBC Radio http://yazzi.com/cmkx/sterling.htm


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ali
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Monday Big day !CMKX board

Let's start with the usual you all know me.
Last week I wrote now is the time part 1.
I wrote about what I know and how I was buying more for my wife.
As you can see I bought at 0002 didnt want to risk it running away from me.
Along the way I've always given you guys tips on how to play the market and insight.
One of my rules is never chase a stock let it come to you.When buying that is.
I broke this rule only once and that was this past week.
When I bought at 0002 when the bid was 0001 and ask of 0002.
This stock is different so so so different.
There is going to be NO keeping it back if your in thank the guy upstairs.
Now I've told you all that I will never tell you guys what to do with your shares.
It's your God given right to buy or sell when you want.
This is very different I am saying to all of you to HOLD HOLD HOLD.
Most of you if you have read my posts know that my first exit point was going to be 0011
That has been changed.
Now I will explain why it was 0011
I've noticed that in the sub pennies that 0009 and 0010 always seem to be a barrier for them.
When they pop this barrier the stock just runs.
So what I didnt want to do is if it broke through this barrier is miss the profits for my grandchildren.
Plus if any more news came out it would drive this stock crazy.
We all had lots of our friends and relatives laugh at us when we told them that we are investing into a diamond mine at 0001
Guess what those same people who laughed now all want in.
Is this happening to you guys too?
I've had the same people ask me the full name of the stock now.
Well they can have it now but it will cost them 0005 or more now come Monday.
There will be such a surge on Monday none of you will believe.
Well shouldnt say none on second thought alot of the oldtimers in here(LOL)it means more then week.
Know this puppy is for real they have done there DD.
The newbies that keep on coming in here are unbelieveable they have bought this stock and dont know squat.
Most of them haven't done any DD at all.
I would like to thank this board for taking it's time and explainning things to them.
Here's why there is a thread going around for song for CMKX.
I got a chuckle out of UC in the sky with diamonds.
But I believe our song should be "WE ARE FAMILY"
by the sly family.
UC confirmed this with his latest PR.
HE said we are a TEAM.
A simple but plain way of saying "THANK YOU" to you all.
He couldnt have done it alone.
He knows that.
It was from all of you believing in him.
He needed a slew of investors to raise some noise about what's going on with his stock.
You did this by simply signing the short petition.
Also another reason why I didnt put to much heart into Sterling's theories.
I knew that UC wouldnt let us down.
I personally love reading Sterling's comments because this man thinks like I do.
He always tries to piece things together and I enjoy his thinking outside the box.
It is a gift not to follow but to lead.

In my eyes we did closed at 0005
Jeff and nite schb are keeping this baby down but not for long.
The cork is about to pop they wont be able to keep it down.
As the longs continue to hold the weak hands will fold slowly at different levels
As more and more strongier hands get in this puppy will fly.
Funny that schb will only let you buy at 999,999 strange nope.
This is to tell the MM's that this is a long buying.
If you have noticed there are culprits in this and here they are=SCHB,NITE,JEFF these three are the ones artificial keeping this one down.
They are the ones buying to cover.
Check level 2 on Friday these three were the last on 0003 at ask and last on 0004 on the ask.
National came in at 0004 for brief moment JEFF took him out.
Uc has been kind in enough to allow this.
He knows they are the one's shorted yet he's given them chances to cover.
But they continued there game until Tuesday of this week.
Now they also know it's over.
Still UC hasn't dropped his bombs and believe me when I say this he has them.
On Monday we might even see a gap up first thing in the morning then settling some what.
Then up again I believe until to 0010
There is going to be a buying frenzy on Monday here's why.
Most of you have a 4 bagger now.
I bet there's enough boaster's in here to tell at least 4 people.Don't take offence I'm one too.
Ask my wife.(LOL)Those same people who laughed are going to throw money into this puppy.
Along with some big whales I know I'm one of them.
I am going back in for some more on Monday
You all can do what you want but remember one thing.
A train like this may only come once in your life dont miss out on the chance of a lifetime.
IMHO RM
these are my thoughts and should be viewed as such.I have more to say but have to go for now.
You all have a good day and we will see you all later on today


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Money_Penny
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Long time lurker, first time poster. I bought 1/4 million shares CMKX for my daughter just to bring her portfolio even with my son's, but after watching this thread carefully for the last 2 weeks, I am extremely excited to jump into this stock myself. I'm just starting out and I don't have much cash to spend, but I want to get at least 1,000,000 shares on Monday. Problems is, LowTrades just gave me an account # Friday night, and I will wire today (saturday) but I don't know when the funds will be in the account available for trading. Anyway, where should I set the buy limit on Monday morning?

Great thread guys, I am glad the naysayer's posts have vanished an now it's just pure excitement and adrenaline over this stock exploding (like Mount St. Helens, LOL).

Kai


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cool1sh
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Have a nice weekend guys!! (Can't wait for Monday)

Go CMKX..GO QBID

[This message has been edited by cool1sh (edited June 05, 2004).]


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tic_toc
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got the paper saying the right amount
600 USD 331 GBP
thanks for the concern debi, it did have me a bit worried for a time.
...
seems a lot of people have rethought their strategies with that last press release. lol, me too. I was gonna try for the free share thing to cover what i paid, but that news looks promising, very promising indeed when weighing it up in the longterm.
only just started with his penny thing couple weeks back and this forum is great. my portfolio is 70% up from when it was started mid may, mainly down too this stock, but all the others are green. I've gotta say thanks to every one because i'm learning some great things here.
but this cmkx thing...I've bought into this on a dream really. i just want to pay off some debts and be able to do my music long term.i'll tell you all something if this blows, watching it unfold here is one of the strangest and most amazing things i've witnessed. good luck to all! 8)


quote:
Originally posted by WWJD-thru-me:
Tic_Toc-keep us posted. Everyone else be extra careful putting in your orders. I once sold quickly thinking I was buying and got priced out. It pays to be careful and no market orders ever.


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VNGNTN1
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DEBI / UPSIDE
ABSOLUTELY ON THE MONEY. Two great PR and logical followup. Can't wait to see the Annual Report tha will flow from this.
VAN

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Bam Bam 17
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By; Sterling
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=13494

Varok is well respected throughout the investing community. I like his thoughts, but I don’t like his thoughts about a 1 to 1,000 reverse split at .003 cent(s). I am sure that a reverse split will not be needed to meet the $3.00+ per share minimum bid requirement for the AMEX.

Varok mentioned a 1 to 1,000 reverse split at .003 cent(s), but many investors were told recently by Urban we would either not have a reverse split or he would consider one only after we are trading at .50+ cents with implications of going to a major exchange/market. We are worth .50 cents in value alone right now! (OK, in my opinion.)

Why would Urban do a reverse split before giving CMKX a fair opportunity to run to see if it will get there on its own merit? Especially at .003 cent(s) one will not be considered. We have too much good news coming that it would not surprise me to see .50 cents as the new low side for CMKX shares.

We should blow right past .003 cent(s) next week alone just by the PRs we've received this past week. It's good that we have the weekend for investors to get the word out even more and to let the power of these PRs set in and marinate on the minds of investors.

I understand Urban's reasoning for not doing a reverse split and to only consider doing one at .50 cents to get us to a higher exchange. If the Market Makers cover the 1 trillion shares short like they suppose too, Urban agrees that we should be well above the AMEX requirement I’m sure. A reverse split at .003 would give us a 1 to 1,000 ratio to meet the AMEX $3.00 bid requirement. A reverse split at .50 cents would give us a 1 to 6 ratio to meet the AMEX $3.00 bid requirement.

That is a huge difference from what Varok is saying. Varok is well respected and his thoughts are very conservative in my opinion, but should be considered by all. To make such statements though is like saying that he believes that CMKX will only get to .003 cent(s) to maximize its price before executing a reverse split. I strongly disagree. This again is extremely conservative. People will soon see that getting in at .003 cent(s) is a bargain and will be a has been. It’s ok to agree to disagree.

Urban knows that he would lose many investors by announcing a reverse split and many would sell to reduce the amount of investors into CMKX which could hinder the requirement for having a certain amount of investors for going to any of the major exchanges. If not, then we will go private as he has stated to investors to.

What I see Urban doing is not doing a reverse split because I believe he was sincere in what he personally told investors about not doing one. By “no reverse split” coming from his words is how he attracted many many investors. Many would feel betrayed. Urban is wise and doesn’t want to make investors feel that CMKX is just your average pink sheet stock. Urban will make the effort to allow for the covering to get us to the market requirements from which he is trying to obtain.

I see Urban forcing the MMs into a corner with giving them only two choices for covering. They will either cover to get us well above the requirement for us to enter a major exchange or he will take the company private. I'll explain that later.

The PRs this past week were like dropping the match on the fuse. I am sure that Urban sees that it would be very unwise to kill the current and upcoming momentum with a reverse split.

Urban has already proven to me that he is a genius with a very caring heart. I am convinced that if these are thoughts that I see, I’m sure that he is aware of these thoughts too.

All is well! http://www.sterlingsclass.com/

;-)
Sterling
_________________________________
May God Bless All.


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rickpic
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quote:
Originally posted by SmokingUSA:
How am I going to get to buy
LOW if you guys don't SELL???
Actually I was wondering if
this is the same stock that
Kevin Bailey used to give
Ric Picks a hard time about.
Just think if you would of just kept
accumulating this one since back then.
WOW!!!!!!!!!!!!

One and the same!


Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003  |  IP: Logged | Report this post to a Moderator
joeyisthebest
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Hi to all CMKXers I decided that now would be a great time to tell everyone what I know. I have watched the single share transactions of CMKX for the past month. I noticed that trades were going through wildly at 9 million shares. I counted them up one day they had over 100 transactions. that would be 900 million a day alone. now I believe that this was done for months. I would say three months being the least. That means that 81 billion shares were traded in three months! I am very sure now that this is shorted to shi@t and will be seeing a huge increase in PPS very soon monday will be the beging of the end of .000whatever and start of .001something congratulations to all who have been in I got 2.1 million since FEB hope we are all millionairs.
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joeyisthebest
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sorry but I forgot to tell everyone the most important thing. if no shares were put out Feb had 37 billion O/S from what I hear that means that 81-37=44 billion extra just from the 9 million share trades and I don't think anyone would sell at .0001 because that is where most of us bought in at. good luck to all

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WWJD-thru-me
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Ali-Great Posts-Thanks!!!!! I am going to post something from another board that I think is right on. I have rethought my original plan to sell 2 M shares at about .0015 to recover investment cost plus a 10-15% profit and keep 10 Million long. This has so much potential that if they are still selling on Monday under .001 I am still buying. IMO-DD-IMO-Debi - I am not trying to pump but I am starting to look for a good tax attorney to hep me with the profits and be able to maximize gifts to charities and family members.
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Here is the post: I have been telling people since May 5th, and believe me I got a lot of people in this stock! That you need to buy and hold and put a GTC at .05 or higher so you don't lose your shares for nothing if a big pr comes out! Now with that being said. I told my friends and trading group that when we get a pr telling us the new O/S share float, and when we get a pr about the core sample results then and then only can we start thinking about a (possible) sell strategy. I for one can tell you if the O/S share count is from 5-20 billion shares and the core sample result pr states we have found many macrodiamonds, I will (not) be selling for pennies! Some newbies to this stock who are hearing about CMKX for the 1st time really have no clue how huge these last couple of prs are! They are telling us that they are going to the Larger Markets AMEX, Dow, and Nasdaq. One of those 3 is coming up for CMKX. Don't be suprised if Urban Casavant is on CNBC sometime this year, about owning millions of acres of mineral claims on the largest known kimberlite find in the World! I am dead serious about my next statement, and a lot of experienced traders will disagree with me on this, Do not sell part of your positition to lock up your initial investment! not at these levels maybe at .005 or higher but not down here, you will lose major gains,afterall if you really believe in CMKX you shouldn't even think about selling a portion of your shares down at these low prices. Also I'd like to point out don't try to sit on the bid at .0004 and expect to get filled on Monday, If you have a lot of cash and can afford to sit on the bid and buy at the ask sure do that! But If I wasn't in yet I'd be buying at .0005 first thing Monday morning because the ask will be .0005 that I guarantee!
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Debi again-Every time I saw NITE and JEFF with their bid and ask all I could think of is they are whistling in the dark. If they can bail out of this mess for $300 Million they will be getting off cheap. Hold onto to your Golden Tickets until the Second Act or you may miss the main event. IMO-Debi

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VNGNTN1
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REMEMBER WHEN
This has been a long running problem. Last year when stock was split 2:1 and again when a 1:1 spinoff. This was probably(in retrospect) the first & second shot in the war. First those diviends may have been with the knowledge of some value yet unstated and remember you had to prove (by certificate) to get the dividend. I may be wrong,but with 4 times the qty of shares from this activity last September it probably created a 400% problem for the MM's also, a hole they dug and now can"t crawl out of. Also there was a rumor of .01 per share. this would also pressure additional buys forcing additional shorts if paid. Maybe a strategy all of us could do is buy a modest amount more at a higher price say .00007.(help UC out)
VAN

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sneaker68
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OK, gurus...I'm in 1000000 "strong" right now and would like to add. Your opinions to us newbies on what a good limit order would be for Monday? I'd like to add my match to the fire under the MMs!
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cool1sh
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Hello people..
Thank you all for your comments.
What do you think is going to happen on Monday? Anybody buying? I want to but it'll be like breaking one of those rules (don't fall in love with a stock)

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cool1sh
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Sneaker..
I think it will gap up to .0005 (at least) Monday AM. Place a buy order for 6 or 7, you will get it filled at 0005 if it doesn't run too fast. I would like to see a FAST run (like we had for QBID). I guess it will not happen that easily with this gigantic O/S ??

quote:
Originally posted by sneaker68:
OK, gurus...I'm in 1000000 "strong" right now and would like to add. Your opinions to us newbies on what a good limit order would be for Monday? I'd like to add my match to the fire under the MMs!


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VNGNTN1
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HEY COOL
How do you know if your'e in love or making a business decision? Time to get that pre_nup
VAN

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WWJD-thru-me
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Tic Toc- Glad to hear your account got straightened out and you have your shares cheap!!!!! Congratulations-I hope you don't sell too soon. I think this is the perfect storm and I am expecting big things. I expect it to hit a penny soon and it is very tempting to sell for a quick $120,000.00. But I don't think a company hires the caliber of this law firm to stay a penny stock. I do think something big is happening. The other mining companies who own a percentage of our claims haven't made a peep about the results good or bad. I take this as good news. If you look at the big picture of what we know. Three million acres of mineral rights in the biggest and best kimberlite district in the world. Where the pipes are unique in that they have not been disturbed by glacier activity and mining is cheaper because of this. We know the stock is shorted. Anyone who doubts this should get another job. We know UC knows the share count and after the previous name changes and dividends has a good idea of how short this is. I can name 5-10 investors who have over 2 billion between them. Read the Casavant Mining Message board and you will see quite a few with 100 M shares. We have a few here with 50+M shares and at least 1 with 100 M. Willy W disclosed he has 723 Million shares. You get the idea. This is shorted to high heavens. The lawyer is in NY and was with the SEC. The puzzle is coming together piece by piece. I am very optimistic about the price in the near future. I hope everyone does well with this. I know everyone needs to make their own decisions based on DD and their risk tolerance. I have been blessed with a huge tolerance for risk. If you own shares take the time to dig a little and see if you think selling at .01 makes sense in light of what has been revealed so far. It is very tempting to take the immediate cash, but if the share count and diamonds are unknown at that time you may be selling way to cheaply and find out later you gave away a fortune.
IMO-DD-GLTA-Debi

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cool1sh
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I did break that rule with QBID. I am not one of those people who got in .0001, I got in at 0015. But I bought most of my shares at .0044 level. So far not bad..

Debi/Van,
Do you own QBID? If yes,, Congrats!! If not why not?
Thx.

quote:
Originally posted by VNGNTN1:
HEY COOL
How do you know if your'e in love or making a business decision? Time to get that pre_nup
VAN

[This message has been edited by cool1sh (edited June 05, 2004).]


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cool1sh
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From iHub:
http://www.investorshub.com/boards/read_msg.asp?message_id=3255223

Posted by: zeninvestor32
In reply to: None Date:6/5/2004 12:40:27 AM
Post #of 16194

A LAWYER'S VIEW ON THIS LATEST PR.

First things first, let me say that I will be buying the living nuts out of this stock on Monday. Ok, now that you know I'm slightly biased, here are my thoughts. All are my OPINION and as a lawyer I'll add thirty other disclaimers as to doing your own d**n due diligence. LOL

Ok, bottom line is that this is REALLY d**n impressive. This firm is ranked #133 based on revenue. Among counsel for debt underwriting, they rank number 10. And if you do a little research into their background and their partners, you will discover that they are one of the absolute LEADERS in dealing with private equity funds in the WORLD. Re-read that last sentence. That is not puffery. That is fact. Ask around my friends. I'm just telling you what I know. These guys are heavy hitters when it comes to financing and securities. As in the big boys.

In my opinion, there is a very clear reason as to why this company is bringing its filings and legal work to a law firm of this indisputable caliber prior to dealing with the SEC. There must be some very important things that must be handled. I know from experience that filing with the SEC to get OTC trading approval is something any two-bit securities attorney can handle. Yes, some suck at it and it will take longer but most competent attorneys can handle it for a LOT less than a top tier firm (and many probably for a cut in the action). But when you step up to a firm of EdwardsAngell's level, this is a whole new level. Now you are making sure that everything will be perfect. You are making sure that credibility, respect and thoroughness are attached to every letter on every document. Now ask yourself ... why would a company trading at .0001 earlier this week be going to these lengths? As a pink sheet, they don't have to and nobody would care much if they just used an average attorney. But they are not. They have selected from the best and probably picked one of a handful that has the unparalleled experience and connections with private equity funds that others cannot match.

Here's a link to confirm some information:
http://www.martindale.com/xp/Martindale/Lawyer_Locator/Search_Lawyer_Locator/alm_info.xml?alm_id=97&...

I'm also impressed that this press release went out tonight. It shows that the earlier press release wasn't just a pump. They followed up on it. Kudos to management for that effort.

My personal opinion is that this is a very, very unusual move for a pink sheet company to make. I've genuinely not heard of a pink sheet company before going with a law firm of this level for its filings. 99% of OTC stocks ALREADY LISTED don't go with a firm or accountant at this level.

Take it for what it's worth but this looks like a huge hint of epic proportions. Yes, this is all still risky as any submicropenny mining stock would be. But in my 10 years playing the pennies (a hobby of mine), I've not seen this.

Good luck to everyone. I'm buying what I can under .001 next week. You do what you want. This is one risk WELL worth taking in my opinion. By the way, here's a few clients of Edwards Angell:

Bear Stearns
Citizen Bank
Columbia Capital
Fleet Boston
John Hanthingy Insurance
MassMutual
Merck Capital Ventures
PNC
Providence Equity
Providian
Travelers
UBS
Wells Fargo

Any of those ring a bell? LOL

Wow.
----------------------------------------------------------------------
Correct link referenced in post:
http://www.martindale.com/xp/Martindale/Lawyer_Locator/Search_Lawyer_Locator/alm_info.xml?alm_id=97&flid=1577088



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mizzou7
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At this time, I would like to express my sincere thanks to the memebers of this board that have continued to support CMKX... Without you I'm not sure if I would have walked into this stock, I would have probably run into this stock at a significant higher investment...

They say once maybe twice in a life time...

I really think we are memebers of the elite group that may have a chance of making enough money from one stock to change our lives...

I have been trading stocks for several years and have never had a situation like this... feels good... doesn't it...

Next week will be very interesting for CMKX, the shareholders and the market in general...

Watch for stock prowlers monthly pick tomorrow (6-6-04)... I would be surprised if it was not CMKX... if it's not, they have not done their homework...

GOOD LUCK TO ALL THE LONGS... I THINK IT'S OUR TURN...


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joeyisthebest
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I am looking to add a million or two on monday at .0003 or .0004
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PAUL
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Anything happen since Thursday night when I left?

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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mizzou7
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EVERYTHING... You better start reading the news and posts and prepare for next week... IMO...
quote:
Originally posted by PAUL:
Anything happen since Thursday night when I left?

Paul



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joeyisthebest
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great post mizzou7 I am with ya but I have only been investing in the stock market since last year in Jan. I started the pennies in Feb of this year and CMKX was my first buy.
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