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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » CMKX Get OUT while you can! (Page 2)

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Author Topic: CMKX Get OUT while you can!
justplayin
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quote:
Originally posted by will:
In my opinion he is no worse than Paul's stunt today, alluding to finding a name Phillip Casavant, and witholding the particulars. There maybe no linkage, but then again if posted someone might have another bit of inforamtion that connects the dots, and adds to the deductive reasoning, and giving us a better foundation for decision making. I didn't see anyone jump his ass for that. I sure did see everyone go after daradog for a similar situation.


At least Paul gave us a name and we all could look into it.

Stating an abrupt opinion without providing reasoning opened the door to ridicule.


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pharmdman
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quote:
Originally posted by Booty Quest:
Breathe FarmBoy, just breathe.... It's okay.... Step AWAY from the computer...

Every post here bumps this outrageous thread to the top (including mine). We're all a little frustrated, but good things are coming soon.


LOL.. there you are! where the hell you been, boy?!


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Meshoe45
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Hey most of us are in at .0001 and have nothing to lose. Some are in higher but hey, I don't think its a huge risk unless you have more then 50% of your portfolio into it....
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pharmdman
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will, i didn't jump on paul because i knew what he was talking about...

will, you got mail


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cool1sh
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osubucks30,
Like I said just raise your bid to 0006 and you will get a fill. You can also redeem your GFYF loss.

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rsnws
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OH I GET IT! ANOTHER ONE WHO WANTS TO SAVE US ALL.

5,000,000 FREE SHARES AND HOLDING.


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pharmdman
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quote:
Originally posted by osubucks30:
This is the problem with some on this board! I just stated to get out!That is my opinion!
IF anyone doesn't think this stock is a BUY they are called a basher.

All I'm saying is if you put $1000 in now you would get about 1.5 million shares. I BELIEVE there is GREAT RISK that this could go back to .0001. Thus turning $1000 into $150.


Nowhere in the title of the thread or in your first post do you use the word opinion. What you do is try to scare the hell out of the people that are new or are riding the fence on this one. Don't hide behind your opinion because that's NOT how you presented it and you know it.


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Meshoe45
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Can you explain to me the loss when I buy it at .0001 it goes up to .0006-7 and then goes back to .0001?


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Coinster
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Thats funny MM BAMM just raised there ask to .05 @ 13:27:44 on L2 but you wouldn't know any thing abought that would you Bucktooth lol

EDIT:...> I meen osubucks30
osubucks = only shares u bought u can keep selling "all 30 of them"*!*

[This message has been edited by CB (edited June 22, 2004).]

[This message has been edited by CB (edited June 22, 2004).]


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noahltl
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SCARED PLAYER WANTS BACK IN:
It didn't work last week so he thought he would take another shot at it.

osubucks30
Member posted June 18, 2004 20:01
--------------------------------------------------------------------------------
I sold all my stock today. I do not see this stock going any where from here. Will not get over .001 because there are too many shares!! 4 BILLION shares traded passed two days and hardly NO movement.
ASK YOURSELF THIS

Do you think the people who bought at .0006 and .0007 will let this go to .001? The answer is NO!!! Most people are looking to make a 20-30 percent profit!

This is NOT a QBID because this has alot more outstanding shares!! Look at the volume for the last year! Billions of shares have been trading at .0001! This did not happen with QBID! The only way this stock will have a chance to move is with a reverse split.


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TradingWizard
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I don't think we need to mention Paul on this thread - he appologized if some of you read the thread carefully.
People, if you do a little more DD on Casavant, he been digging for diamonds in Saskatchwan since 1996, or more, doing Melvin's job, and 8 years later....?>DAFDSFD?<>DAF< I support Paul, and we should not avoid the past, but then we also should not dwell on it.
We cannot change the past on Casavant. However, this time we have few good reasons to believe this may be a home run.



------------------
'Alone we can do so little; together we can do so much.' - Helen Keller

[This message has been edited by TradingWizard (edited June 22, 2004).]


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osubucks30
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We will see! This will NOT go back above .001! So all of you hoping for a penny its not going to happen.
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pharmdman
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quote:
Originally posted by osubucks30:
We will see! This will NOT go back above .001! So all of you hoping for a penny its not going to happen.

I can live with 10 times my investment.. and i would hardly call that a failure.


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rsnws
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EXPLAIN THIS

Originally posted by Earth_Shaker:
CMKX. Remember this. Very significant...
Urban Casavant placed CMKX shares in escrow with a law firm and filed with the SEC stating that shares would not be traded for 3 years. Very significant IMO...
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) April 17, 2003

CASAVANT MINING KIMBERLITE INTERNATIONAL, INC.

(Exact name of Registrant as specified in charter)

Nevada 0-26919
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification)

1481 W. Warm Springs Road, Suite 133, Las Vegas, Nevada 89014
(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (702) 946-6747


ITEM 9. REGULATION FD DISCLOSURE

On April 15, 2003, Casavant Mining Kimberlite International, Inc. ("CMKI") entered into an agreement with Urban Casavant, President of the Company, whereby Mr. Casavant agreed to place his shares of CMKI common stock in escrow for a period of three (3) years. During the period of time in which Mr. Casavant's shares are in escrow, Mr. Casavant has agreed not to sell, pledge, or otherwise dispose of any of the shares placed in escrow. However, Mr. Casavant does retain all other rights afforded to him by virtue of owning the shares, including voting rights and rights to dividends and other distributions.Mr. Casavant's shares are being held in escrow by the Law Offices of Thomas C. Cook, Ltd.


--------------------------------------------------------------------------------

IF CMKX WERE A SCAM WHY WOULD URBAN LOCK UP HIS SHARES FOR 3 YEARS ??? HMMMMM ???

Because CMKX is THE REAL DEAL.


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noahltl
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quote:
Originally posted by osubucks30:
We will see! This will NOT go back above .001! So all of you hoping for a penny its not going to happen.

Thank you for clarifying, that makes it believeable.


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Coinster
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We have 10 MM's biding for .0005 / we have 8 MM's lined up for .0007 which 2 have just raised / TDCM @ 13:46:12 and CRWN @ 13:36:04 / on top of that we have MM EFGI just raised there ask to .01 @ 13:46:52

So what this means to me is when we have 1 or 2 MM's left on the bid of .0005 then we will talk again,for now there are no share holders willing to sell for .0005 to warrant any such though.today it's very clear as to whats going on.Buys get filled @ .0006 and you may sell @ .0005 soon we move on*!*

EDIT...> now 9 MM's on the ask of .0007 EFGI lowered to .0007 @ 14:12:14

1 MM @ .0002 and 1 MM @ .0001 NO FEAR of A FALL OUT ANYWARE HERE in this PICTURE any time soon>>>*!*
[This message has been edited by CB (edited June 22, 2004).]

[This message has been edited by CB (edited June 22, 2004).]


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osubucks30
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WELL WHY DOESN'T SOMEONE EXPLAIN THIS?

Outstanding shares- NO ONE KNOWS!

DEBT- WHO KNOWS!

EXPENSES- ANYONES GUESS!

REVENUE- NONE (WE KNOW THIS)

CASH- THEY CAN PAY FOR STUFF WITH STOCK (dilute)

Well they do sponsor a race car (wonder how many shares they had to issue)

[This message has been edited by osubucks30 (edited June 22, 2004).]


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makemoney3
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That's why it is a pinksheet stock you crazy *******!!!

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pharmdman
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quote:
Originally posted by osubucks30:
WELL WHY DOESN'T SOMEONE EXPLAIN THIS?

Outstanding shares- NO ONE KNOWS! DEBT- WHO KNOWS!
EXPENSES- ANYONES GUESS!
REVENUE- NONE (WE KNOW THIS)
CASH- THEY CAN PAY FOR STUFF WITH STOCK (dilute)

Well they do sponsor a race car (wonder how many shares they had to issue)


Are you a parrot? None of this is original thought, you're just regurgitating what others have said. And not even recently, I might add. Show new proof or drop it. It's that simple.

You're just showing that you really don't have any credibility at this point.


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Nikodemis
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I LIKE THE WAY MY 10 MILLION SHARES LOOK IN MY PORTFOLIO. IT'S A COOL NUMBER. STILL HOLDIN'.
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rsnws
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I ONLY HAVE 5,000,000 BUT IT STILL LOOKS GOOD.

quote:
Originally posted by Nikodemis:
I LIKE THE WAY MY 10 MILLION SHARES LOOK IN MY PORTFOLIO. IT'S A COOL NUMBER. STILL HOLDIN'.


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Bo14172
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OSU,

Typical Buckeye.

You know the answer to your comments above.
98% of the people do as well. I won't insult their intelligence by posting the answer.

Do pinksheet companies require reporting to the SEC? (There lies your answer, but you knew that)

You may wish to read the recents developments of the company in the last 3-4 months and peek over at the other Allstocks CMKX thread to catch up on the work Paul and I did this morning and afternoon to confirm matters about the "6-23 deadline" garbage that has been floating out there way too long.

Post with total perspective in mind or you'll be "Wallaced" out of here like he was. I trust this is your only postname.

Be well, Bo


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will
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You need not mention him, you mean to say. When I see someone do something irresponsible I have every right to question it. After asking that it be posted for others to view, evaluate, and comment on, and he refused, I call that irresponsible. Things like that can only add to the rumors and specualtion. I'm sorry you disagree. This is my last word on it. You can tolerate, support and encourage such action, but I won't.
quote:
Originally posted by TradingWizard:
I don't think we need to mention Paul on this thread - he appologized if some of you read the thread carefully.
People, if you do a little more DD on Casavant, he been digging for diamonds in Saskatchwan since 1996, or more, doing Melvin's job, and 8 years later....?>DAFDSFD?<>DAF< I support Paul, and we should not avoid the past, but then we also should not dwell on it.
We cannot change the past on Casavant. However, this time we have few good reasons to believe this may be a home run.




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WWJD-thru-me
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All longs on this stock. Please don't even reply on this thread. Bashers are paid on the piece rate. They can earn up to $6.00 an hour plus tips if you use their name or respond to their posts. The people who are short in this stock are fairly desperate. If they drop the price-we will buy the shares they need. So they need to get people to sell at this price especially if they bought higher. This is really tough. They need a lot more shares than any of us have been willing to sell. I am holding my 22 Million + shares like a pit bull on a piece of raw meat. They will need to raise the price to about .05 and I will think about it. That would be over $1,000,000.00 profit and might get my attention. We'll see. It may be worth much more than that. Time will tell and I can wait. IMO-DD-Debi
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joz017
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I suggest to stop relying to this post.. This is what bashers want, to have your stocks very low!!!
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osubucks30
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JUST REMEMBER

cmkx 6/22 .0006
we will see where it goes from here

[This message has been edited by osubucks30 (edited June 22, 2004).]


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noahltl
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quote:
Originally posted by joz017:
I suggest to stop relying to this post.. This is what bashers want, to have your stocks very low!!!

I also considered letting this thread fall out of sight. The problem is that too many newbies will see it before its gone and possibly panic and be pushed over the edge into selling. That's what he wants. I think we have to put the fire out as soon as it's lit.


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darrenbaker
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If you think I'm going to sell my 20,000,000 shares at these low prices you are sadly mistaken. I'm buying!!!!!!!!
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noahltl
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quote:
Originally posted by osubucks30:
JUST REMEMBER

cmkx 6/22 .0006
we will see were it goes from here


You started your own CMKX thread. Why aren't you there. Getting too hot????


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richnessforeveryone
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Sorry for my bad English.....

People I must laugh....
I too was invested in CMKX (20 millions shares) and was too excited......
Than I maked my own DD (and forgot ' Sterlings ' dreams) and came to the same conclusion another member wrote here a few weeks ago
' EVEN WITH A SCAM YOU CAN MAKE MONEY ' so I sold and maked money......
Why I sold ???????
Easy to understand......CMKX said that the core samples from the "Carolyn Pipe" has come back positive for diamond......ok UC didn't say us how many diamonds, carat size etc .....but when you investigate by the 'partners' they say you ' Yes the core has diamonds but ONLY TWO WAS FOUND '....in other words the site IS NOT A MINE WORTH....(read between the lines)......and UC himself don't gave us core results in deep....
The law firm......Simple...they chose the best for a good PR and they (the law firm) are glad to take UC's money (its simple to understand)......and we idiots jumped on board....
But like I said ' EVEN WITH A SCAM YOU CAN MAKE MONEY '......
Perhaps some days they will find something.......but you are dozen of years away to become millionair with CMKX.....
Even Sterling said last week that the O/S was 500 Billions.....and after this he said UC bought back 480 Billions.....I laughed as extremely as I fell from the seat.....


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WWJD-thru-me
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Hi Newbies-for DD purposes the Authorized share count is 500 Billion-the Outstanding share count is most like very small. The main rumor I would give credence to is anywhre between 10 Billion and 37 Billion. Urban Casavant may have bought back the whole Outstanding share count. This stock is rumored ot be heavily naked shorted-meaning the people who are trusted to sell the stock in an orderly way and keep a liquid market actually sold shares relentlessly without seeing if any were available. They pocketed the money and didn't give any to the company. CMKX has hired a law firm with a great reputation adn is in the process of filing with the SEC to once again be fully reporting and listed on another exchange. There is an on going audit and there will soon be a new transfer agent. Those MM's and those they work for could be out BILLIONS of dollars. They will need to buy back our shares at whatever price they can. UC has said publicly he thinks the company's shares are worth .50-.60. If it is that high this could be a serious catastrophe for some brokerage houses. No wonder they want to scare people who don't know what they have into selling as cheaply as possible. If they can cover here it is maybe in the low billions of dollars. Each tick upwards is serious change. They may also be in trouble with the IRS. They are the ones who brought Al Capone down and could turn out to be our surprise friend. IMO-DD-GLTA-Debi
---------------------------------------------
Also CMKX shareholders who are long-feel free to reply like I just modeled. Post the DD and don't address the peons who will make money if you address them. Why reward people who try to dispicably take advantage of newbies? -Debi

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WWJD-thru-me
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Hi Newbies-for DD purposes the Authorized share count is 500 Billion-the Outstanding share count is most like very small. The main rumor I would give credence to is anywhre between 10 Billion and 37 Billion. Urban Casavant may have bought back the whole Outstanding share count. This stock is rumored ot be heavily naked shorted-meaning the people who are trusted to sell the stock in an orderly way and keep a liquid market actually sold shares relentlessly without seeing if any were available. They pocketed the money and didn't give any to the company. CMKX has hired a law firm with a great reputation adn is in the process of filing with the SEC to once again be fully reporting and listed on another exchange. There is an on going audit and there will soon be a new transfer agent. Those MM's and those they work for could be out BILLIONS of dollars. They will need to buy back our shares at whatever price they can. UC has said publicly he thinks the company's shares are worth .50-.60. If it is that high this could be a serious catastrophe for some brokerage houses. No wonder they want to scare people who don't know what they have into selling as cheaply as possible. If they can cover here it is maybe in the low billions of dollars. Each tick upwards is serious change. They may also be in trouble with the IRS. They are the ones who brought Al Capone down and could turn out to be our surprise friend. IMO-DD-GLTA-Debi
---------------------------------------------
Also CMKX shareholders who are long-feel free to reply like I just modeled. Post the DD and don't address the peons who will make money if you address them. Why reward people who try to dispicably take advantage of newbies? -Debi

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pennykid
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Quote: osubucks30
Member posted June 22, 2004 13:56

"We will see! This will NOT go back above .001! So all of you hoping for a penny its not going to happen."

_____________________________________________
um sorry to burst your bubble osubucks30, but if CMKX finds a significant amount of diamonds in more core samples, then it will be worth wild to excivate them sending this stock through the roof which is what people holding shares are waiting for!!!!


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pennykid
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In other words dont sell because your impatient it takes a long time to dig for diamonds. And the wait is almost up. If you sell now good luck getting back in at lower prices, when good news hits this stock will sky rocket
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kevinscott
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HANG ON TO YOUR SHARES -- READ THIS... I read this on the CMKX unofficial website and it was a very exciting "MUST READ"

Sterlings Latest (big) Post.. Your thoughts?
« Thread started on: 06/18/2004 at 02:46:55 »

--------------------------------------------------------------------------------
*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.


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CMKX
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Posts: 2041
Re: Sterlings Latest (big) Post.. Your thoughts?
« Reply #1 on: 06/18/2004 at 02:47:11 »

--------------------------------------------------------------------------------
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.


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Re: Sterlings Latest (big) Post.. Your thoughts?
« Reply #2 on: 06/18/2004 at 02:47:28 »

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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/

;-)
Sterling

[/QUOTE]

[This message has been edited by kevinscott (edited June 23, 2004).]


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