I have multiple conflicting thoughts on this
company. Some believe that UC is a genius.
I do not. He has been making his money off
of this company and I do not believe that
he has the shareholders interest at heart.
(He has his own interests at heart.)

I do not believe he or Melvin to be that
savy at business either. I think the last
couple of weeks have shown that. I do not
believe that there is some great plan by UC
- I personnally think he is out-over his
head a bit.

There are many things this company could
do to gain, retain, foster a better relationship
with its shareholders. But they continually
mess it up. There is "no" reason why this
company could not provide more information
to its shareholders.

As for Naked shorts - I do believe this is
occurring but not to the extent hundreds
of billions of shares. If you look at today
with the volume experienced - 500million shares
could have been taken off short without
costing the mm's a dime-just time. Each
day of trading is the same.

I read an article several months ago, I
believe it was October... Something that
should be looked at is What does the "
Company" own in terms of Claims and
what does Urban himself own outright.
I believe (If memory serves me) UC sold
two claims to the company for approx $2,000,000. I am not sure if these claims
cover the complete 1.4Million acres. But
it would be good to know.

I am not trying to be negative. This
investment has possibilities. I think everyone has to play their own game.

In terms of Sterling and Dr D. the first
question that should be asked is How many
shares do they own. Then you will see the
motivation behind their posts.

All of this is not to say that CMKX will
not hit the mother-load. I hope they
do - I'll be right there.....

MERGER
BUYBACK (RULE 144)
R/S
F/S
LISTENING ON OTCBB(become reporting company with share structure)

Marger to me it's not likely like buybeck,buybeck(rule 144) wil do for URBAN very good calculated move.
Here is why.
Absolutly Urban know what he's doing in past CMKX went true 3 r/s and lost lot's credibility and sharholders.
Now Urban chance to fix the past with one good move.
Do the buybeck+release share structure example, CMKX shares worth .05, He might release 100mil dollars for buyback,which is nothing what that wil bring to the company,more shalholrders,trust, credibility and large volume for next 6 month at least. That wil be chance for lot's sherholders find his exit point and walk away with profit,everybody heapy cose URBAN ses I wil not do R/S.
To finisch this move,next action release 500bil in tho the market which rapidly would bring share price back to .0001-.0002,after this large R/S and one big move to NASDAG, nobody can say a thing about the scam couse it's not there was profit to make,and there is more to come,best for the company to move on NASDAG and continue the grow.That's what I see. R/S right now not gona hepp. it would bring CMKX down big time,URBAN know it He need this popularity of sharholders acoplisch such move. And I thing that would be the best for CMKX and sharholders.

quote:

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Originally posted by noahltl:
I think it's a pretty good PR because the only "problem" the Urban has that is at this law firms level of expense and expertise, is the naked shorting by MMs. It will take this caliber of attorney to get the SEC involved.

AS to ambiguity, you just have to know lawyers. They are not going to tip their full hand until the lawsuit or complaint is filed, then and only then will the story be fully displayed.

This was an opening shot. Those who have to worry know who they are and they know what's coming straight at them. That's the MM's. The MM's have two choices, bow and take their lumps or up the ante and begin the biggest battle ever seen. This law firm would not normally take on a Pink as a client unless they saw very big dollars or national publicity in taking down the very dirty business of naked shorting thousands of companies out of business. Either way, I don't want to miss the front row seat on this one without my shares. Wouldn't dream of getting out now.

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EXCELLENT post! Why tip your hand to the MM's that we ALL love to hate??

If CMKX is truely naked shorted and the MM's get caught holding the bag, watch this run like a funny car race.

*CMKX*Our Casavant Checkmate*...

Many of us are Pawns in this game of Chess or even in what we know as life. The Pawn is considered your weakest piece for acknowledgment of power as compared to your Knights, Rooks, Bishops, Queen and King. Wisdom is what allows for the true understanding of how often the Pawn could be your strongest piece that puts your opponent in…Checkmate!

I am about to go out in left field on this post. Those that read, understand, and somewhat agree with what I discuss below, come on out in left field with me. For those who don’t understand… I understand, go ahead and stay in the clubhouse. As for the Market Makers (MMs), that have naked shorted CMKX, hope for rain before the fifth inning.

Urban increased the Authorized Shares to 500 billion back in Mar 04 and many had shown panic from fear of not understanding. What I am about to discuss is nothing more than what I think I understood to justify why he had done so mixed with some options of what I would do if I was Urban.

This could create a new paradigm for all OTC and OTCBB stocks to follow to force the Market Makers (MMs) to conform to a system of just being fair. I think many other CEOs will use Urban and CMKX as an example to establish the direction to combat naked shorting of their stock by the MMs.

Most MMs such as NITE, BSIC, JEFF, etc. have so many thousands of stocks that they are monitoring and trade on a daily basis that CMKX is not yet even on their radars yet, if I had to guess. Eventually once we get on the radar of the MMs, the MMs would soon realize that resistance is futile. That time is nearing in my opinion. The MMs have different levels of awareness that a stock must graduate to obtain growing recognition. We have graduated to the next level.

When Urban increased the AS to 500 billion shares, it caught ALL of the MMs off guard to think of them as your average pink sheet stock according to statistics. This was the best and most powerful move CMKX could have ever done. Previously, the MMs had reason to look at CMKX as one of those 90%+ penny stocks that never succeed in the penny world. Brilliant!!!

Urban increased the AS to 500 billion to first show accountability of the entire share structure for CMKX. Then Urban bought/retired back roughly 480 billion shares since the OS was roughly about 20 billion before the retiring of shares had began according to old SEC filings. Eventually, Urban’s goal is to retire each and every share to only leave what we will call the variable X for an OS. The variable X will be restricted. This could mean that we have no Outstanding Shares (OS) or one that has been carefully orchestrated through share retirement to be very low.

This means that most of us probably have naked shorted shares. The new official share count for CMKX will be whatever Urban reports to have for the recorded transactions for owning, not what we bought.

There is a chance that Urban bout the remaining 20 billion to retire the entire OS and Float. With the thought of not having an OS, this means that we don’t have a denominator to use for establishing fundamental value since the OS is what’s used for such determination.

For now, let’s assume that Urban left at least 1 share to allow for a denominator to simplify the assessment of fundamental value. We will use the variable X for the number 1.

Let’s assume that X will be no lower than 1 until further specified to be considered different at the given times. This means that Urban has retire CMKX shares down to the level of a number known as X. This means that what Urban is creating is a brand new term that I call Infinite Valuation.

It’s called Infinite Valuation because the thought is that there are no limits as to how high your company could be valuated. Your EPS would equate to whatever you confirm to be your Earned Income of valuation that is given at such time by the company. Please review the formula:

Infinite Valuation = Earned Income ÷ X = EPS (Earnings Per Share)

Understand that X represents a number for the denominator when determining fundamental value as the OS keeps decreasing towards zero, but infinitely never reaches zero. This variable X will always be high enough to always capture the lowest OS before fully retiring in the example that I will be posting later. The thought is that the denominator keeps decreasing infinitely as it approaches zero, but never reaches zero.

Earned Income is considered to be Revenue – Expenses or the “Intrinsic Value” that was made into an actual value. (Within the Intrinsic Value the expenses are already included.) Earned Income would be considered as your net profits from revenues minus expenses. Let’s capture how this would work.

I am guessing that we have so much land full of kimberlite that there is no way we are going to mine all of what we have in our populated kimberlite areas. I am guessing that we will be selling some of that to those who are probably highly interested. Let’s take for an example that Urban releases confirmed valuation of $5 billion in CMKX. This means that because of what I explained above, our Infinite Valuation and EPS would equate to $5 billion per share. This is very powerful.

What’s even more powerful, earlier I mentioned that we use X to show the number of the OS to represent the lowest number to use as a denominator. To fully understand the power of this example, let’s make the assumption that X=1 for the reasons above. Observe…

Earned Income = $5,000,000,000
X = 1

So…
Infinite Valuation = Earned Income ÷ X = EPS
Infinite Valuation = $5,000,000,000 ÷ 1 = EPS
Infinite Valuation = $5,000,000,000 = EPS

This means that Infinite Valuation is equal to $5 billion, which would be equal to the EPS. Yes, this would mean that we would have an EPS of $5 billion per share.

Now back to the importance of retiring all shares except for 1 share. That 1 share could now be forward split to whatever number Urban desires to have for an OS. Now, Urban could pick any number to make this scenario work at this point. Let’s say he uses 5 billion. This would mean that Urban would now do a 5 billion to 1 forward split.

This would give Urban an amount of 5 billion for our OS and we would have to multiply our shares by 5 billion to be given the same CMKX forward split ratio. Since us shareholders are all holding naked shorted shares, this magnifies the naked shorted problems by 5 billion times the amount it was already naked shorted to significantly further compound the problems for the MMs. This would no doubt force an accelerated naked short covering.

With Urban having 5 billion for our new OS, he would simply retire those 5 billion shares by simply returning them back to the Treasury since those shares are restricted shares that had originated from the 1 pre-split share that was restricted, as I had previously mentioned.

This would mean that in essence, we would then be already private because he would have already bought all shares needed and accounted for with taking CMKX private. All he would then have to do is just name his price for the Tender Offer of taking the company private and the MMs would have to cover by his price named by the execution date stated by Urban in the PR. This would be like Urban buying out himself since he would own all of the accountable shares.

Urban could also do as stated above and do a Tender Offer while having 1 share for the OS of $1.00 per share. This means that if he has accountability of all shares minus 1, then all he would be required to legally pay for is that 1 share. The MMs would be responsible for covering with cash the $1 Tender Offer price that Urban had stated at his deemed execution date.

The power of the example above is that Urban could execute the same concept at any number he deems fit to have temporarily as the OS. The same logic would apply to the naming of the Tender Offer. These actions would be arranged and designed to not be at his expense.

Something else to ponder…
Since UCA was previously halted for trading as one of CMKX JV partners on the Canadian Exchange, this leads me to think they are somehow a player. I am thinking that it would make more sense to have UCA and KPG merge to trade on the US stock exchanges versus the Canadian by merging into UCAD. They would then be known as Saskatchewan Diamonds.

After retiring all shares down to 1 share, Urban could do a forward split ratio of 100,000,000 to 1 to have CMKX do a 1 for 1 merger into what might be known as Saskatchewan Diamonds (the Triad of their JV partners - UCAD, UCA, & KPG).

Still, with a merger, why have one company of value when you can two or multiple companies of value. Urban would then issue us a share dividend from Saskatchewan Diamonds too to entice holding to further make things difficult for the MMs to obtain shares/inventory needed to cover. Shareholders would hold to receive the share dividend of Saskatchewan Diamonds.

Urban could issue a double, triple or more dividend of power to further compound the covering. Each would have their story for understanding.

We could see the issuance of spin-off share dividends in new entities such as below:
a. Gold = CMKG
b. Uranium = CMKU
c. Zinc = CIM
d. Platinum = CMKP
e. Silver = CMKS
f. etc.

Another option to consider for making the MMs cover would be to issue a cash dividend such as… “For every 1 share of CMKX you own, you would receive a .01 cent or even .10 cents cash dividend. Whatever price named would instantly make CMKX to be worth the price named x 2 in value.

Here’s the power behind this. A cash dividend price named at .10 cents would give CMKX instant valuation of .20 cents. This is so because CMKX would hit .10 cents at minimum because that would be the same as assessing valuation for CMKX shareholders. Then once .10 cents is reached, CMKX would still have the remaining .10 cents coming to them to execute the cash dividend by the execution date. That’s a psychological double.

This would equate to a certain amount that Urban would give to award such dividend. This would not be at any to very minimum cost to Urban.

The cover would no doubt have to be forced to make sure each .10 cents increment matches each share according to the amount of shares verified per CUSIP number that the company’s Transfer Agent reports. Still, if Urban verifies accountability of a huge position, then the payout of the dividend would be minimal because it would act as if he was paying out himself.

Another option to consider for making the MMs cover would be to re-issue the CIM dividend with an extension of the old 30 Sep 03 date to be at some date in the future. This would serve three primary purposes:

1. Entice shareholders to hold during any covering to put more pressure on the MMs.
2. The re-issuing of CIM shares would allow for all who own shares now to own CIM.
3. This would help to create a more united front of shareholder support for motivation.

I am sure that Urban wants to retire the entire OS and the float. If and when he has, this means that we are the float. This means that all of our shares are probably naked shorted shares. This means that the MMs have a serious problem. This means that shares recently bought over the past few months are naked shorted shares. This means that shares bought today and in the future are naked shorted shares. This means that the MMs are allowing for this problem to continue escalating to a level where some major rectification is going to have to take place.

This means SEC and NASD interface for resolution will become manifest. Now I really see why Urban had to get the best New York law firm in this field of resolution. This is starting to get very interesting. I’m sure with Glenn having prior SEC law writing experience, he would know exactly how to get this resolved. Many were not sure whether or not if Glenn was there for the defense of CMKX or the support of CMKX for going after the MMs.

All of the above are only some “food for thought” as to how I would consider resolving this issue if I was Urban. They are “theory” until proven to be “facts” by the company.

I believe that prosperity is upon us with CMKX! Check mate! Game Over!

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

Could the PR be slanted to make it sound like what they want it to sound.

If for example I was drilling in my back yard I were drilling a core sample.

While doing this I hit a diamond every 2 feet in my core sample. Except when I got to 300 feet. When I go there I hit a diamond at 301 feet then again at 324 feet. So that gives me a bunch of diamonds but only two between 300 and 325 feet.

Now couldn't I honestly make that PR say what I want it to say?

We found 150 diamonds between the surface and 300 feet.

OR

We found two diamonds between 300 and 325 feet.

FROM THE MYSTRY NEWS / PR
"Two diamonds were retained on the 106-micron screen in sample No. 5, from hole No. 1, representing an interval from 190.0 metres to 210.4 metres depth and weighing 40.10 kilograms."

Thoughts?

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

quote:

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Originally posted by CB:

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ASK
1@.0006
2@.0007
3@.0008
1@.001
1@.0011
1@.005

quote:

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Originally posted by PAUL:
CONCERNS about the "NEWS" about the two diamonds.

Could the PR be slanted to make it sound like what they want it to sound.

If for example I was drilling in my back yard I were drilling a core sample.

While doing this I hit a diamond every 2 feet in my core sample. Except when I got to 300 feet. When I go there I hit a diamond at 301 feet then again at 324 feet. So that gives me a bunch of diamonds but only two between 300 and 325 feet.

Now couldn't I honestly make that PR say what I want it to say?

We found 150 diamonds between the surface and 300 feet.

OR

We found two diamonds between 300 and 325 feet.

FROM THE MYSTRY NEWS / PR
"Two diamonds were retained on the 106-micron screen in sample No. 5, from hole No. 1, representing an interval from 190.0 metres to 210.4 metres depth and weighing 40.10 kilograms."

Thoughts?

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9@.0005
5@.0004

ASK

7@.0007
4@.0008
1@.009
1@.001
1@.0011

May be they already retired some.. optimistic

quote:

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Originally posted by Wallace#1:
Trading seems slow compared to other days.

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quote:

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Originally posted by PAUL:
CONCERNS about the "NEWS" about the two diamonds.

Could the PR be slanted to make it sound like what they want it to sound.

If for example I was drilling in my back yard I were drilling a core sample.

While doing this I hit a diamond every 2 feet in my core sample. Except when I got to 300 feet. When I go there I hit a diamond at 301 feet then again at 324 feet. So that gives me a bunch of diamonds but only two between 300 and 325 feet.

Now couldn't I honestly make that PR say what I want it to say?

We found 150 diamonds between the surface and 300 feet.

OR

We found two diamonds between 300 and 325 feet.

FROM THE MYSTRY NEWS / PR
"Two diamonds were retained on the 106-micron screen in sample No. 5, from hole No. 1, representing an interval from 190.0 metres to 210.4 metres depth and weighing 40.10 kilograms."

Thoughts?

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I think this, and most other companies, are walking a tight rope when it comes to PRs. They obviously want to give the best impression of the company regardless of reality. Is is not better (from a public relations point of view, not necessarily the investors point of view) to say the kimberlite is dimondiferous rather than report they found two puny diamonds? We all may be pissed off that the company isn't being forthright with us but one main objective of any company to to increase shareholder value. They don't want to put out a press release that is going to have everyone running for the exits. I'm not trying to defend the actions of this or any other company that issues this kind of PR but it's just the reality of the business world. Unfortunatly it doesn't help boost confidence in the company. We as investors must accept some of the blame for this. We are hungry for news, good or bad, so we can make or investment decisions. So companies provide it, sugar coating the bad.

A second point on PRs is that in the course of doing business there are always things that need to remain confidintial. WE ARE NEVER GOING TO BE TOLD BY THIS, OR ANY OTHER COMPANY, EVERYTHING THAT IS GOING ON. To do so could jepordize many of the things the company is trying to do. They are working for the long term. Many investors on this board are only concerned with the short term, trying to day or swing trade. Now, there is in this case information that I think should be public knowledge (such as the O/S and float). But other information needs to be held close to the vest for reasons best known by the management. The only problem is are those reasons in the best interest of the company, or for the insiders.

Position disclosure: 23 million long

The news did not come through the main wire. The last time I checked it did not even show on the website of the United Carina.

This PR did not make any of the longs get out. They understand and expect that when drilling for diamonds. There will be things that go good and things that go bad. It only made the day trader shift positions a bit and a flip that probably made money for the daytrader.

Perhaps I should just get a cup of coffee. I do not usually type prior to coffee.

BTW.. stockwatch.com has the pr that came out yesterday. But the headline is different there....

"CMKM Diamonds hopes to resolve mysterious issues"

PAUL

Clearing Restrictions
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CMKX PAYD
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Coach

quote:

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Originally posted by COACHPHILM63:
The transfer nust be taking place with their agent because Scottrade just restricted.

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That's normal for scottrade.. you can only place sells for CMKX with them.

I will do it, not do it whatever folks want. Just trying to help.

PAUL

quote:

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Originally posted by cool1sh:
Thanks Paul and Rsn for L2s.
Hopefully we see 0008s preety soon.

Paul- May be you can delete your L2s after 10-15 mins.

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quote:

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Originally posted by COACHPHILM63:
Upto today, I have been able to place limits on cmkx, at least buy. ONLY today did it not allow me to do so.

Coach

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quote:

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Originally posted by PAUL:
I will be glad to. IS it a problem because of the size of the screen? The way I have it set up is when you "refresh" it will show you the latest picture I have saved.

I will do it, not do it whatever folks want. Just trying to help.

PAUL

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