quote:

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Originally posted by knee-hi-boot-gurl:
Posters with agendas; Do you guys work for NITE? Hehehe. Its very obvious what you posters are up to here. Bringing up ridiculous things like BRE-X have absolutly no relevance. I guess desperate times call for desperate measures, huh guys?(bashers)

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People are entitled to see both sides of the picture. May be there is no relevance, because one is gold and the other diamond, but they have something in common both are publicly traded and any scandal will bring the stock down, or I may say help the stock dive to the ground. Looks like (may be) Urban's bad business practices are over, and no I don't work for Nite, I work for T.KBG and T.CIA. lol Cheers and good day.

quote:

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Originally posted by tic_toc:
hey...keep the nice comments in the golden pickle thread. this isnt the place for them

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Okay tic_toc, will do next time. Just this was the memorable place so I wanted to put it here.

Anyway, men I am women, so I don't know about the Golden Pickle reward, just reminds me banana and lets just STOP here....lol hahaha

I don't think we're gonna get along...have a nice life, oldtimer, I'll just ignore you from now on!

quote:

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Anyway, men I am women,

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Bottom line: 181 micro carats / ton in samples
« Thread started on: 06/16/2004 at 19:56:46 »
I posted this in another thread but figured it would be ignored there for the most part, and since folks are having so much trouble interpreting the core sample data, I thought that I would present my analysis of it.

The amount of material tested for diamonds was NOT 40 kg (80 lb). The PR clearly states that 1 sample was 40 kg and contained 0.001 mg of diamonds, in the form of two small small diamonds. It goes on to CLEARLY STATE that THE OTHER 11 SAMPLES CONTAINED NO DIAMONDS.

They do not say how much the other 11 samples weighed, so we must assume that they weigh about the same as sample #5, which they say weighs 40 kg.

12 samples * 40 kg = 480 kg of material tested.

Out of which they got claim they got 0.001 mg of diamonds. Note that one carat is 200 mg.

Do the math and you will see that this comes out to 9.45 micro-carats per ton.

HOWEVER, the PR reports the WRONG MASS for these diamonds. They say the diamonds weigh 0.001 mg. WRONG!

A single grain of salt weighs more than this. A grain of salt is about 0.3 mm X 0.3 mm X 0.3 mm and has a mass of approximately 0.058 mg. (http://www.physlink.com/Education/AskExperts/ae342.cfm)

This means that a grain of salt has a volume of 0.027 mm^3. Our "big" diamond has a volume of 0.00308 mm^3. So the volume of a grain of salt is 8.766 times larger than our big diamond. Ouch.

The density of diamond is 3520 kg/m^3, or 3.52 mg/mm^3 (http://www.allmeasures.com/Formulae/static/materials/113/density.htm).

So the mass of our large diamond is 3.52 mg/mm^3 * 0.00308 mm^3 = 0.0108 mg.

Our other diamond was 0.20 mm X 0.12 mm X 0.10 mm, which has a volume of 0.0024 mm^3, and therefore a mass of 3.52*0.0024 = 0.0084 mg.

0.0084 mg + 0.0108 mg = 0.0192 mg. This is 19.2 times MORE DIAMOND than was reported in the PR!!! WHY DOES THE PR MIS-STATE THE MASS OF DIAMONDS FOUND BY A FACTOR OF 19?? THAT'S A BIG SCREW UP!!!

So instead of having 9.45 micro-carats/ton, they have 181.4 micro-carats per ton. Well, that's still not great, but it's sure a lot better than 9.45!

You would think that these people would check their math before releasing a PR!!!
Logged
Set fire for a man and you keep him warm for a day. Set fire to a man and you keep him warm for the rest of his life.
PennyWrangler
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Posts: 1542

Re: Bottom line: 181 micro carats / ton in samples
« Reply #1 on: 06/16/2004 at 20:35:17 »
This is why people keep misinterpreting this thing; they don't want to actually work thru the numbers. I guess no one wants to talk about this anymore, but I think it is important that people really understand what this PR said.

Heck, I'm not convinced that the people who put it out understand what it means! I have been told that Rick Walker doesn't understand why people were discouraged by this PR. Obviously because they found virtually nothing in the core samples. The mass of the diamonds they found is considerably less than the mass of A SINGLE GRAIN OF SALT. Think about that.

And don't get the notion that I am being negative. I am TELLING YOU what the PR REALLY SAYS. I will reiterate that I have not sold a single share because the results from the OTHER Carolyn samples might come back with a decent carats / ton figure, but MOSTLY because I know that they have found far larger kimberlites that are MUCH more promising than Carolyn, so I'm not worried abou the future of the company at all.

I'm just tired of seeing folks coming up with bogus numbers like 50 diamonds per ton or saying that one of these diamonds is 1.4 carats in size (LOL!).

Penny,

I think what you already know but haven't really articulated is that pipes can have differing densities per section.

As lava flows up it carries diamonds with it to the surface and those diamonds can be anywhere in the pipe. Some areas will have 0 diamonds, others will be saturated.

Based upon this sample what has to register is that 1 area about six inches in circumfrence and 30 meters deep had two diamonds per 40 kg.

Of the 11 samples that had 0 we do not know which sections they came from. Could have been mostly hole 2 or shallower depths of 1 or deeper depths of 1. They could be samples starting before they even hit kimberlite to see if they are around the crust.

To take 12 samples from 2 holes in a kimberlite body 100 meters or more across and make that a comparison for the whole pipe is silly. You can say we found 0 diamonds in one section 100 ft from another section which had 2 micros per 40 kg.

In essence it is like people are making out 12 samples as if from 12 regions. It is nuts to do that. It is only 2 regions.

Next, since this pipe is fairly large, if only one side of it contains suitable diamond content and you could identify which and where you could mine it efficiently.

Now everyone must ask themselves this question, if only 1/3 of the pipe in a layer 30 meters thick has kimberlite with 2 diamonds every 40 kg, would you mine it?

What if 1/2 the pipe has that avg diamond density and the rest much lower.

That is why this sample return does not tell us the size of the body with suitable diamonds.

It is extremely good news because it tells us the center of the pipe does and how far they radiate out is something we can explore.

In essence this could still be a large diamond find.
Also, people keep saying small diamonds are worthless but they are worth a lot in industrial uses, computers, communications etc.

quote:

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Originally posted by cool1sh:
rumour/specualtion..
(originally posted by Noah)
http://www.companyreporter.com/mb/postreply.php?ID=5393

[This message has been edited by cool1sh (edited June 17, 2004).]

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quote:

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Originally posted by Upside:
originally posted by TradingWizard:
Then I guess I owe you an apology TW. I believe in a few of my earlier posts I referred to you as he or him. Sorry about that.

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:-) no need, and well accepted!

Wonder if UCAD was using those lures fishing for "suckers"? And, now, if they are fishing with CMKX??? LOL Just joking, but it is a possibility. Has anyone checked out if there are similar backgrounds with those other companys involved with that option deal?

I hope I am wrong for all our sakes, but this is looking more and more like a scam.

Thanks.

quote:

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Originally posted by Wallace#1:
Hey Upside,

Wonder if UCAD was using those lures fishing for "suckers"? And, now, if they are fishing with CMKX??? LOL Just joking, but it is a possibility. Has anyone checked out if there are similar backgrounds with those other companys involved with that option deal?

I hope I am wrong for all our sakes, but this is looking more and more like a scam.

[This message has been edited by Wallace#1 (edited June 17, 2004).]

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Originally posted by Wallace#1:
Will,

I said it is "looking more and more like a scam", not that it is a scam. As I said, I hope that is not the case. Too many unknowns and has-beens (this name, that name, this symbol, that symbol) involved.
It seems to me that someone posted factual information about UC having been involved with a company in which there were questionable activities as well...but maybe that was just another rumor.

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First, the power of emotion when dealing with stocks of this nature is very strong. One piece of information good or bad (interpreted by anyone) can have a huge affect on the pps. In other words this stock can and will be extremely volatile as it moves forward. We need to accept this fact and understand that this will happen and hold steady during these times. Everyone invested here should be prepared to lose the money they invested in return for potential enormous gains. I have an exit strategy for this stock and will not sell anything until it reaches that goal or goes bust. That price for me starts in the pennies and ends in the dollars.

2. When news comes out about sample results, so does the self-proclaimed experts on what a good and bad diamond find is or should be. After the pr was released by our partner company, immediately many people were quick to claim it was a horrible result. Who here is a qualified geologist who can take that very small piece of information and determine that CMKX has no mineable diamonds in their 1.4 million acres of mineral rights? I certainly am not. These initial drills are a pin prick in a haystack. What are the chances that that pin will hit anything even if that haystack is loaded with diamond. These drilled pipes are about an inch in diameter - literally a pin prick in the big scheme of things. The fact that they found any diamonds to me is huge. These initial drills are not done to hopefully come out with the mother of all diamonds, rather to determine if it is worth continued drilling with larger diameter drills. These in turn will determine if the area is worth mining. Why don't we let the experts determine what we have and whether or not it is a good result. We have not heard details from CMKX other than they were excited about the results.
3. You have to have faith in the company. In the absence of proof, we have to rely on faith until official news comes out. Where does that faith come from? It comes from that news when available and also solid DD by individuals, not emotions or speculation. I believe our faith in the company was shaken a little by Melvin's statement's about Mt St. Helens. Do I think it is not going to explode in the future? Not necessarily - he may have refered to something other than the Carolyn pipe when he made that statement. Possibly the share structure, possibly another find, such as the non-magnetic area discovered by the aerial survey. Did Melvin create problems by making that statement? I believe he did and hope he will refrain from such a statement until CMKX is ready to release news to back it up. One thing is for sure, they (the people who work there) are very excited about what they have. I know this to be true after talking to a co-worker, whom I trust implicitly, who met UC and his family at a race. By the way, he was shown a kimberlite pipe that appeared to be full of sparkly clear stuff!

4. We have solid proof of good things going on with CMKX. Were we quick to forget that they have hired a top law firm from NY to represent them? You have to ask yourself, why would a world renown law firm with an awesome client list agree to put their reputation on the line to represent some no name junior diamond exploration company in Canada? And, put one of their partners on the case to boot. I have to believe that UC must have laid something huge on the table to convince them (the law firm) to agree to represent them. CMKX must have some source of revenue to pay the legal fees from this company that has a record of involvment in cases worth hundreds of millions to billions. Sure this revenue could come from selling more an more shares but don't you think the law firm would realize this and understand that they have nothing? I believe it comes from another source - maybe another unannounced find or financial backer. We know that the company will announce the o/s share soon. UC doesn't have to hire a high priced lawyer to know how many o/s he has issued. He already knows - he issued them!! I believe the lawyer was hired to clean up the MM short issue. Look at the strange things happening with NITE and others.

5. I believe the true value of the pps will not be determined until we know two things. 1. the o/s number and 2. intrinsic value of the diamond finds that will continue to increase as the drilling and testing is done. Folks, the Carolyn pipe is old news to CMKX. I don't think they put much stake in the Carolyn pipe and will probably sell off it if possible. I think the real "motherload" is in the non-magnetic area. This is my opinion of course and as I said earlier, this should not determine anyone's expectations - only official results should.

6. Is UC proceeding in a logical fashion? Yes he is! Imagine what would happen if he announced everything all at once that answered all our questions. The pps would skyrocket and then everyone would sell off and then it would plummet back down. The way to proceed here is slow and steady to establish support bases on the way up. We established a support base at .001 until the company was surprised by the pr from the partner. This was not in UC's plan and look what it did. Now that the dust is settling and cooler heads prevail, the pps is slowly creeping back up. Since there are billions of shares out there, we need to normalize the growth of this stock to be able to sell when you reach your goal. We have to be patient.

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!

quote:

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Is UC proceeding in a logical fashion? Yes he is! Imagine what would happen if he announced everything all at once that answered all our questions. The pps would skyrocket and then everyone would sell off and then it would plummet back down. The way to proceed here is slow and steady to establish support bases on the way up.

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quote:

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Originally posted by Power106:
There may or may not be a few wrongly spelled words in here Wallace. Just thought I would clarify that....

First, the power of emotion when dealing with stocks of this nature is very strong. One piece of information good or bad (interpreted by anyone) can have a huge affect on the pps. In other words this stock can and will be extremely volatile as it moves forward. We need to accept this fact and understand that this will happen and hold steady during these times. Everyone invested here should be prepared to lose the money they invested in return for potential enormous gains. I have an exit strategy for this stock and will not sell anything until it reaches that goal or goes bust. That price for me starts in the pennies and ends in the dollars.

2. When news comes out about sample results, so does the self-proclaimed experts on what a good and bad diamond find is or should be. After the pr was released by our partner company, immediately many people were quick to claim it was a horrible result. Who here is a qualified geologist who can take that very small piece of information and determine that CMKX has no mineable diamonds in their 1.4 million acres of mineral rights? I certainly am not. These initial drills are a pin prick in a haystack. What are the chances that that pin will hit anything even if that haystack is loaded with diamond. These drilled pipes are about an inch in diameter - literally a pin prick in the big scheme of things. The fact that they found any diamonds to me is huge. These initial drills are not done to hopefully come out with the mother of all diamonds, rather to determine if it is worth continued drilling with larger diameter drills. These in turn will determine if the area is worth mining. Why don't we let the experts determine what we have and whether or not it is a good result. We have not heard details from CMKX other than they were excited about the results.
3. You have to have faith in the company. In the absence of proof, we have to rely on faith until official news comes out. Where does that faith come from? It comes from that news when available and also solid DD by individuals, not emotions or speculation. I believe our faith in the company was shaken a little by Melvin's statement's about Mt St. Helens. Do I think it is not going to explode in the future? Not necessarily - he may have refered to something other than the Carolyn pipe when he made that statement. Possibly the share structure, possibly another find, such as the non-magnetic area discovered by the aerial survey. Did Melvin create problems by making that statement? I believe he did and hope he will refrain from such a statement until CMKX is ready to release news to back it up. One thing is for sure, they (the people who work there) are very excited about what they have. I know this to be true after talking to a co-worker, whom I trust implicitly, who met UC and his family at a race. By the way, he was shown a kimberlite pipe that appeared to be full of sparkly clear stuff!

4. We have solid proof of good things going on with CMKX. Were we quick to forget that they have hired a top law firm from NY to represent them? You have to ask yourself, why would a world renown law firm with an awesome client list agree to put their reputation on the line to represent some no name junior diamond exploration company in Canada? And, put one of their partners on the case to boot. I have to believe that UC must have laid something huge on the table to convince them (the law firm) to agree to represent them. CMKX must have some source of revenue to pay the legal fees from this company that has a record of involvment in cases worth hundreds of millions to billions. Sure this revenue could come from selling more an more shares but don't you think the law firm would realize this and understand that they have nothing? I believe it comes from another source - maybe another unannounced find or financial backer. We know that the company will announce the o/s share soon. UC doesn't have to hire a high priced lawyer to know how many o/s he has issued. He already knows - he issued them!! I believe the lawyer was hired to clean up the MM short issue. Look at the strange things happening with NITE and others.

5. I believe the true value of the pps will not be determined until we know two things. 1. the o/s number and 2. intrinsic value of the diamond finds that will continue to increase as the drilling and testing is done. Folks, the Carolyn pipe is old news to CMKX. I don't think they put much stake in the Carolyn pipe and will probably sell off it if possible. I think the real "motherload" is in the non-magnetic area. This is my opinion of course and as I said earlier, this should not determine anyone's expectations - only official results should.

6. Is UC proceeding in a logical fashion? Yes he is! Imagine what would happen if he announced everything all at once that answered all our questions. The pps would skyrocket and then everyone would sell off and then it would plummet back down. The way to proceed here is slow and steady to establish support bases on the way up. We established a support base at .001 until the company was surprised by the pr from the partner. This was not in UC's plan and look what it did. Now that the dust is settling and cooler heads prevail, the pps is slowly creeping back up. Since there are billions of shares out there, we need to normalize the growth of this stock to be able to sell when you reach your goal. We have to be patient.

[This message has been edited by Power106 (edited June 17, 2004).]

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quote:

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Originally posted by Power106:
That price for me starts in the pennies and ends in the dollars.

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I agree with your statement above. The investment I made is probably better off to be put away and cashed later in life if it takes off. I can wait. :-)

I do not disagree with you. I wish you all the luck in the world. What I am seeing is a lot of people getting carried away with rumors and suppositions that can hurt them if CMKX is not legit.

Further, I am seeing a lot of new posters (not the so-called newbies, who need valid, factual information) who are not looking at the facts...and there are very few. I, too, would like to see CMKX make money for everyone.

Can any one of those that are cheering so loudly for CMKX point out any kind of an earnings history (and I mean positive) for CMKX? For any company that UC was ever employed as an officer or ran? How about any of the partner companies - have any of them been profitable (meaning bottom line)? Show me a balance sheet! Show me an income statement! Show me a cash flow statement? In short, show me facts!

The entire read is excellent.
Note his credentials and the type of law he practices.
http://www.rrdfin.com/download/services/pub_pdf_html_files/Corporate_Responsibilities .pdf

Be patient with loading the link...takes about a minute but worth it.

Oh by the way. 2 partners and I bought 3 radio stations about 3 years ago and we were told by "former radio people" that it was stupid. That the market we were in and the radio business in general were going nowhere....Kind of like "Former Stock Brokers" like Wallace. Former means failure. We now have 7 radio stations. We are prospering. Don't believe the doubters, don't believe the pumpers....Do your own thing......

quote:

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Originally posted by Power106:
Will, I am not sure what ever gave you the impression that I was not one of us. I am prudent and careful in my trading and I bought this stock back in August only after I made some phone calls and did some work on the land itself and the people involved....

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